For many in Singapore, the $1 million mark is often considered the benchmark when thinking of investing in a second property. However, many examples highlighted in discussions tend to focus on the top-performing properties or those that are atypical, such as units with premium views or those on higher floors.
Based on the results, however, The Hillford has done better than expected. While gains are not what we'd call phenomenal, it does show that properties with just 50 years on the lease can still appreciate. Bukit Panjang might not be the best location for everyone, but the convenience that it offers at the price point is hard to ignore. Its current resale performance of 111 profitable and just eight unprofitable transactions reflects that.
Nature lovers would also appreciate the proximity to nature without the loss of convenience that it usually entails. The rail corridor can even be accessed in under five minutes as the entry point is just across the road. In terms of accessibility, it's a mixed bag. While Simei MRT is about a 10-minute walk away, its location on the far end of the EWL and its distance from the airport compared to Tanah Merah are points to consider. Overall, its appeal hinges on competitive pricing, comprehensive facilities, and a decent location.Like The Hillier, early developer pricing helped with the gains at Waterbay.
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Source: asiaonecom - 🏆 10. / 59 Read more »