Amid the Mature Estates and Within Walking Distance to the Bukit Mrt Station, Bukit Batok EC Has Many Benefits for Investors
- June 14, 2022
If you’re considering investing in a plot at the upcoming Bukit Batok EC, this article will give you an overview of the project. You’ll learn about the Bukit Batok Green and Substainable Tengah District, the Tender Bid by Qingjian Realty, and more. If you’re considering buying a plot, consider this: Bukit Batok EC is a prime location near Pan Island Expressway, Kranji Expressway, and other transportation options. That means that you can easily commute to work.
The new EC project in Bukit Batok is a 99-year leasehold executive condominium situated on the east side of Bukit West Avenue, next to the Jurong Innovation District and Tengah Town. The project will span a site of about one hectare and is expected to be completed in 2021. The price of the units has been set at S$662 per square foot, which is considerably lower than the average prices of private condominiums.
This development is a hybrid public-private venture that is close to the township area of Tengah. The top awarded bid is expected to be in the range of $515 million to S$600 million. The project is expected to feature 375 units with a gross floor area of 37,348 square metres. With a prime location and easy accessibility to the MRT station, the development will appeal to a diverse range of buyers.
Bukit Batok EC is expected to attract eight to 12 bidders. The winning bid may cost $241.2 million, which is roughly $650 per square foot. If the development is well received, the price could rise even higher. There are no guarantees yet, but we can only speculate. There’s an excellent chance that the winning bid will be higher than the last one.
Amid the mature estates and within walking distance to the Bukit MRT Station, Bukit Batok EC has many benefits for investors. Located within a few minutes’ walk of the station, it is accessible by bus, car and MRT. Furthermore, its prime location near the city and the popular districts in the area make it a good choice for investors. Its good public transport links also make it a good choice for families.
The development will be in close proximity to the Tengah town area. It also has a neighbourhood centre within walking distance. Other amenities will include future hawker centres, markets and a shopping mall. Investors who are looking to buy property in Singapore should consider Bukit Batok. It is a great place to buy a condo. Located at the upcoming Bukit Batok MRT station, the Bukit Batok EC is expected to complete by 2030.
The Bukit Batok EC is located within the neighbourhood. The MRT station is just three minutes’ walk away. The area is well-equipped with amenities, including one small mall and hawker centres. Additionally, the Bukit Batok EC is located near a bus interchange. It is a good location for commuters who need to commute to work or study. So, if you’re looking for a new home, consider Bukit Batok EC.
The Bukit Batok EC is a private housing project that will launch in the vicinity of the town’s upcoming MRT station, Tengah Garden Walk. Residents will enjoy easy access to nearby MRT stations, including Bukit Batok and Jurong East. Additionally, Bukit Batok residents can travel by bus to Jurong Town and Woodlands. The Bukit Batok EC will also benefit from smart features and government initiatives.
Bukit Batok EC is situated next to the transformation of Tengah Town, a planned forest town. It will feature a five-kilometre forest corridor and car-free town centre. Its environmentally-conscious and sustainable design has garnered praise. The development plans also focus on community-mindedness, which are important factors when building a new town. Despite its new location, Bukit Batok EC is far from being the only project in the area.
The Tengah EC has a variety of retail shops and restaurants. Those looking for a unique shopping experience will love the Westgate Shopping Mall. It has over 400 shops and restaurants, including international and local cuisine. The area is also within easy walking distance of several schools, shopping malls, and restaurants. This makes it the perfect place to spend your leisure time. While shopping, you can also go out for a meal at one of the restaurants in the mall.
The upcoming Bukit Batok Green and Substainible Tengah District is located near the Jurong Region Line, Tuas Port and Jurong Lake District, which will provide connectivity for residents living in this upscale neighborhood. Residents will also benefit from the proposed Jurong Region Line, which will be built in three phases starting in 2026. The area also will have schools and amenities, including a West Mall.
Using computer simulations and data analytics, the development team has designed the town to maximize wind flow and prevent heat. Residents will also benefit from a centralized cooling system. This technology will help residents monitor their energy consumption and adjust their lifestyles accordingly. In addition, the PWCS will provide high-speed air transport for household waste. This technology will help save a significant amount of water.
The HDB has released over 10,000 Build-to-Order units, which range from two to five rooms. Many buyers have shown interest in these units and demand for them has outstripped available units. Prices start at about 20% less than nearby resale units, and grants make them even cheaper. Plantation Grove is one of five districts that are in the development process.
As a developer, Qingjian Realty focuses on residential, industrial, and commercial developments. With its diverse business interests, Qingjian strives to build well-designed living spaces that surpass expectations. Whether you’re looking for a brand new apartment or a townhouse in Singapore, Qingjian has an innovative solution for you. Below are some of the benefits of Qingjian’s Bukit Batok projects.
Located near the MRT station, Bukit Batok EC will be convenient for HDB upgraders. This project is near a major shopping mall, Le Quest. Expect eight to 12 bidders, with the winning bid of $241.2 million or more. That’s roughly $630 per square foot, but prices could rise depending on the demand. Moreover, if the development proves to be popular, it could attract even more bidders.
Located near the upcoming Tengah Town, the EC in Bukit Batok offers convenient accessibility to major amenities. Nearby shopping centres and restaurants, the EC is also near the Bukit Batok MRT station. Despite its proximity to public transportation, the Bukit Batok area is a great investment opportunity. With a variety of amenities, convenient parking and access to public transportation, you’ll be able to enjoy a life that is both luxurious and convenient.
The Bukit Batok EC is a new development in the western part of Singapore. It is within walking distance of several popular amenities such as Bukit Batok MRT station and Pasir Ris MRT station. For those who want a central location, Tengah Transformation is a better choice. Besides, Bukit Batok EC will soon be the home of an MRT station.
The Bukit Batok EC is located near to the Jurong East District, one of the country’s key regional growth areas. This district is home to three government ministries and many iconic tourist attractions including the Singapore Flyer and the Merlion at the Gardens by the Bay. As such, Bukit Batok EC is likely to attract many bidders, and it will be a good investment in the future.
Moreover, a Bukit Batok EC location is convenient as it is near West Mall, a major shopping mall. The mall is home to a variety of shops, including food and beverage outlets. Additionally, it has a car park that’s conveniently located near the Bukit Batok EC. The convenience of having convenient public transport access makes it a great option for those who want to explore the surrounding area.
The Le Quest Shopping Mall in Bukit Bat Ok EC is located near Jurong Lake District, a district that has undergone a large amount of development and is one of Singapore’s fastest-growing urban areas. The area is home to several government institutions, such as the Ministry of National Development, the Agri-Food and Veterinary Authority, and the Building and Construction Authority. It is also near a number of educational institutions and hawker centres.
There are several things to do in Bukit Batok EC, including dining at the popular Le Quest, which includes a cafe, restaurant, and supermarket. There is also a food court, and the Quest is connected to five blocks of residential condominiums. These towers have everything you need to live a comfortable life, including a childcare center, a cinema, and an abundance of shopping options.
Another great feature of Le Quest is its location in Bukit Batok EC. It’s only 5 minutes away from the Brickworks neighbourhood. Over 10,000 households are located within 500 metres of the mall, making it an ideal location to make a trip to the supermarket or the mall. There is also a direct bus link to nearby MRT stations. Other amenities include a swimming pool, fitness centre, and gym.
The West Mall Shopping Centre, located in the heart of the city, is one of the few central malls in the western part of Singapore. Located just a short walk from the MRT station in Bukit Batok West Avenue 8, the mall is convenient for both bus and MRT users. In addition, the mall is located near an interchange, making it easy for commuters to reach other parts of the city.
The West Mall is one of the largest shopping centres in Singapore and is home to a diverse range of retailers. Located in the Bukit Batok area, it features six levels of retail shops, multiple dining outlets, and ample parking. The mall is located next to several educational institutions, including Bukit Panjang Government High School, Pioneer Junior College, and the Choa Chu Kang Polyclinic.
The Bukit Batok EC is also close to the MRT station. This makes it convenient for commuters, as it is only a 3 minute walk away. It is close to hawker centres and bus interchange, making it convenient for commuters, as well as the community. The mall is also managed by CapitaMall Trust, which ensures high-quality service. The West Mall Shopping Centre, Bukit Batok EC has an impressive lease period and is close to many amenities, including a bus interchange and a large hawker centre.
- June 9, 2022
ECs are privately-developed condominiums (private condos are usually more expensive) with condo-like amenities. However, ECs are subsidized by the government for the first 10 years, during which they are HDB properties and bound by their rules and regulations, including the 5-year Minimum Occupancy Period and eligibility schemes. Furthermore, you will be required to pay a resale levy if you ever decide to sell your EC.
CDL and MCL Land have jointly submitted a Tender Bid for the development of the Copen Grand EC. The development will be located near two major expressways: Pan-Island Expressway (PIE) and Kranji Expressway (KJE). It will also have good connectivity to other parts of Singapore, including the Central Business District. The project will be built within a lush park, with dedicated walking and cycling paths.
MCL and CDL intend to build twelve buildings with as many as fourteen storeys each. The proposal has six hundred twenty EC units, and will be designed to achieve a BCA Green Mark GoldPLUS ranking. The development is expected to be based on the principles of ground tendering. According to Tan Wee Hsien, the CEO of MCL Land, the project is located near three Mass Rapid Transit stations, including the Jurong East and West.
CDL and MCL Land jointly submitted the bid for the Copen Grand EC, located near the new town. The joint venture won the tender by submitting the highest bid of $400 million. The price works out to $6492 psf ppr, a higher than the previous record of $583 psf ppr for Sumang Walk EC. Previously, a plot at Yishun Avenue 9 was sold for $576 psf ppr.
Developers City Developments Limited and MCL Land will jointly develop the Copen Grand EC in Tengah. They are well-established developers and the names behind some of the most prestigious residential projects in Singapore. Meanwhile, MCL Land, part of the Jardine Matheson Group under Hongkong Land Holdings, has a wealth of experience in residential development. It has also worked on projects such as the Parc Esta, Sol Acres, and Leedon Green.
Upon completion, the new town centre will feature retail and dining facilities and will be connected directly to the future Tengah MRT station. Other amenities will include a polyclinic, community club, and bus interchange. The project is expected to open its doors in the second half of 2022. It will be open for public viewing only by appointment. Hence, it is not advisable to buy a unit here unless you have a family member who lives in the vicinity.
The new development is strategically located near several educational institutions and central business districts. It is within 30 minutes’ drive from the Central Business District. It is also near the Jurong Innovation District (JID), a hub for advanced manufacturing. The development is also close to the Jurong Lake District, the second largest central business district outside the city centre. The Copen Grand EC will be near to various malls and shopping complexes.
The development of Copen Grand EC at Punggol Town is being done in close proximity to several educational institutions and central business districts. Located only 30 minutes away from the Central Business District, the project is located near the Jurong Innovation District, Singapore’s second largest central business district outside the city centre. With its proximity to major expressways, Copen Grand EC is easily accessible for commuters.
Currently, the site is up for grabs, and the bidding process has begun. Developers from CSC Land Group, Hoi Hup Realty, and Sunway Developments are competing for the project, which sits in Tengah’s Garden district. The project is expected to have over four thousand units when it is complete. This is an impressive amount of space for a residential development in Singapore!
The development is a mixed-use project combining nature and green technologies. The development is expected to appeal to a young population that often works from home and is looking for a healthier lifestyle. A mix of green technologies and nature will help residents get the most out of their homes. They will be able to enjoy the surrounding environment and enjoy a relaxing environment, and also take part in a flurry of exciting new developments and services.
The development is expected to feature a diverse selection of eateries and commercial spaces. The town centre is also set to be directly connected to the future Tengah MRT station, and will feature a bus interchange and community club. Besides, residents will be able to take part in sports activities at a nearby public sports centre, and will be near two primary schools. The area will also benefit from the nearby public transportation system, which will facilitate access to the city centre and other parts of Singapore.
The new development in the heart of the city, the Copen Grand EC, is the first of its kind in the West region. It will feature green and sustainable features in a series of smart condominiums. The concept is geared towards creating a comfortable living environment while preserving the natural forest environment. This is achieved by incorporating various innovative technology and features that can be easily managed and monitored by the town’s operators.
The Copen Grand EC offers a green lifestyle experience through a range of features and amenities that make them a perfect place to live. There are also many parks and recreational areas that encourage healthy living and help reduce the town’s carbon footprint. Green building and technology are also widely used in Copen Grand EC. Residents will be able to enjoy convenient public transportation and free parking.
The Green and Substainable TengaH EC is home to a number of sustainable businesses, housing, and infrastructure. Its eco-friendly lifestyle is promoted by the district’s many environmentally friendly initiatives and programs, which include energy management, high-speed Internet, and sustainable construction. The eco-friendly lifestyle of the Copen Grand EC is perfect for retirees and investors.
Tengah Garden Walk EC is a new residential development in District 24. With a site area of 2.2 hectares and a gross floor area of 61,659 square meters, it will house 615 exclusive units. It is being developed by a joint venture between MCL Land and Taurus Properties SG. The property is located near three MRT stations, the Pan Island Expressway, and the future car-free town center.
The town centre will include a future-ready car-free option and is just a short walk from three MRT stations on the proposed Jurong Region Line. Residents will also be near a variety of amenities, schools, and shopping malls. The new town centre will be a hub for a variety of retail and dining options. In addition, a future development of the EC will include a bus interchange, polyclinic, and sports centre.
The town will also feature smart-technology-enabled living. The town will have autonomous vehicles, electric car charging stations in carparks, and a smart central waste system. This is where Tengah Town will lead the way for sustainability and smart technology in Singapore. The plan also aims to make the town car-free, making it a convenient location for residents. It will also be connected to the Jurong Innovation District and Jurong Lake District.
In the midst of the city’s sprawling green belt, a new development called Copen Grand EC is set to take the lead in sustainability and smart technology. The project will feature a smart central waste system and electric car charging ports in the town’s carparks. The town is ideally located to be within a short drive of the city centre. For those working in the west, the development might be ideal for them.
Situated near the Central Business District, Copen Grand EC is within a short drive of the CBD. The area is also near Jurong Innovation District, a premium hub aiming to become a global leader in advanced manufacturing. It’s also within walking distance of Jurong Lake District and the Taurus Properties’ numerous proposed business developments. There are plenty of attractions and facilities in this area that make it an ideal place to retire in Singapore.
The EC site is a relatively large plot, spanning 22,020 square metres with a maximum gross floor area of 61,659 square metres. It will comprise 620 residential units across 12 blocks of up to fourteen storeys. The project sits within the Tengah Garden district, which is one of the five districts planned for the estate. Copen Grand EC is also near to future car-free Tengah town centre.
The Blossoms Condo Is Located near the Buona Vista and Circle Line Mrt Stations, Making It Accessible for Residents of Both the Circle and the East-west Lines
- June 6, 2022
The Blossoms condo is located near the Buona Vista and Circle Line MRT stations, making it accessible for residents of both the Circle and the East-West lines. The condo is also near the Buona Vista interchange station. This location is self-sufficient and allows residents to enjoy the city’s amenities without the hassle of having to travel long distances. It has everything you need, from great views to convenient transportation options.
The development of Blossoms in the prime central area of Singapore is a great investment opportunity. Its location is ideal for commuting to work, school, and entertainment, and it’s near many amenities. The development also offers a green retreat from the hectic city. Aside from modern amenities, Blossoms also features colonial bungalows and apartments in a serene environment. These homes will be well-connected to public transport, allowing residents to enjoy easy access to work and education. Blossoms also features a Rail Corridor, offering residents a unique living experience.
The location is a strong selling point for Blossoms, with one-bedroom units priced below $1 million. It’s also positioned on the edge of Core Central Region’s prime District 10, just on the opposite side of the East-West MRT line. That proximity could encourage developers to price their units higher, as it’s located near the Core Central Region. However, timing is crucial. The area’s vacancy rate suggests that prices here are likely to remain below market value for a few years, and there may be a high risk of overbuilding.
The location of Blossoms is perfect for anyone who needs easy access to public transport. The nearby MRT stations are Buona Vista, One North, and Holland Village. Residents will also have easy access to the Central Business District, Jurong Lake District, and the rest of Singapore. A bonus is the close proximity to the Buona Vista MRT station, which is the interchange of the East-West and Circle Lines.
The Blossoms is a new condominium development at the heart of the Marina Bay area. Located just six stations away from the One-North Circle Line MRT Station, this condominium will be a prime investment for those who want to be close to the downtown area. This area is expected to attract residents from the western part of Singapore as well as those who are looking to live in the heart of the city. In addition, the condo will also be in the vicinity of VivoCity, Singapore’s largest lifestyle mall.
In addition to being a business hub, Blossoms is a vibrant research and business district. The neighborhood is ideal for anyone looking for a perfect home for themselves and their families. The neighborhood has excellent connectivity, yield potential, and green spaces, all in a convenient location. Additionally, the area is a hub for Southeast Asia’s cutting-edge industries, providing the perfect environment for creative minds to thrive.
The location of Blossoms is convenient for commuters because the nearby MRT station is just 300m away. The nearby Buona Vista MRT station serves as a central interchange for the Circle and East-West lines. This provides residents with direct train service to the CBDs. In addition, the Downtown Line is only three stops away. Moreover, if you’d like to commute by car, One-North Rider will provide a convenient shuttle service to and from the nearby public transport stations.
The Blossoms is located near Buona Vista MRT station, which means that it is a 10-minute walk from the university. In addition, the condo is located near several schools, including the Fairfield Methodist Primary School and the Anglo-Chinese School. The property is also located near several business schools, including INSEAD and ESSEC. This is perfect for students who are looking for a good education.
The Blossoms condo, which is 85% sold, is a joint venture between Hong Leong Holdings and Mitsui Fudosan. It features 165 units and a range of prices, from S$1,800 to S$2,250 per square foot. The property is expected to launch late 2022 or early 2023. Blossoms has a low price tag and is an excellent buy.
The Blossoms is surrounded by parks and lush greenery. The surrounding area is dotted with colonial-style houses, adding to the old-world charm of the area. Located a few minutes away from Star Vista, the Blossoms is a great location for students and professionals who need to be close to a variety of services. A short drive from the condo is also possible for anyone who needs to be near the city.
EL Development, a joint venture between UOL and Hong Leong Holdings, is developing the 165-unit One-North-Eden condo in the heart of Singapore’s downtown. Located near the Greater Southern Watershed and 13km Rail Corridor, the development offers excellent connectivity with the city. The first floor features a grand arrival courtyard. The development also has excellent proximity to schools and recreational facilities such as the Dover Court Preparatory School and the UWC Dover Campus. The development will eventually feature a commercial space.
There are two types of amenities available in the 165-unit One-North-Eden. Residents of the development can enjoy direct views of neighboring developments. Additionally, the building’s central location makes it convenient to find tenants. EL Development has a proven track record in the real estate industry, with developments in a variety of countries. Those looking to buy One-North-Eden condos in Singapore should consider the location.
The development has sold out in all three phases. Blossoms sold out 141 units in April. Its price per square foot was S$2,090. The two-story Blossoms is now 85 percent sold. The developer hopes to launch the Slim Barracks Rise project at higher prices, too. The project is expected to sell for more than S$2,000 per square foot. There are no other similar projects in Singapore.
In a recent announcement, the Urban Redevelopment Authority (URA) sold off two residential plots at Blossoms Condo, or “Slim Barracks Rise”. The sites are 99-year leaseholds, and Parcel A is the largest of the two, spanning 7,957.3 square meters and yielding 265 housing units. It has a median transacted price of S$2,084 per square foot.
The land rate for parcel A was $1,001 per square foot, far higher than for parcel B. The developer attributes the healthy enthusiasm for the plots to acceptable measurements, a controlled new supply of residential land in the vicinity, and an increasing catchment for one-north’s R&D business hub. The sales price for one-north Eden is $2,009 per square foot, and Song predicts that the prices for Two-north Eden will be even higher.
The development of the Blossoms condominium has received high praises from the public and investors. Its first phase, Blossoms, sold out 90 percent of its units on its first day of sales. The median price for Blossoms is approximately $2,100 per square foot. The development is located in a prime estate in District 5, in the prime neighborhood of Bouna Vista. It will offer residents a convenient lifestyle within the vicinity of top-rated schools.
Located within the CBD, Blossoms District 05 Condo is conveniently near various MRT stations such as the Buona Vista, Circle and East-West Lines. Besides, the condominium’s location is accessible to the rest of Singapore through reputable schools in the district. In addition, the development is also close to the Buona Vista interchange station. Those looking to purchase a unit in Blossoms should consider its location.
For the residents’ sake, Blossoms offers ample amenities for its tenants. The condo’s 132 carpark lots can accommodate about 80 per cent of its residents. The units in the complex come with standard deck chairs and also include an EV charging station. The EV charging station in the complex is a checkbox exercise aimed at ensuring green initiatives but the tech community would have preferred more charging stations.
The condo is located within the prestigious Vista Xchange cluster and is a short drive from mediacorp’s campus. Blossoms is near many amenities and cosy dining spots that are sure to make your life better. You also have easy access to shopping malls like the Rochester Mall and The Star Vista. Whether you’re looking for a place for the whole family to gather or simply want to spend time with friends, Blossoms offers convenient transportation options.
Located in Holland Village Extension, Blossoms is just a few minutes drive from the Singapore CBD and Orchard shopping district. With a convenient location and close proximity to expressways, it is easy to reach various amenities and facilities, whether you need to go to work or school. Blossoms is a great choice for those who need to work from home but still want the convenience of living close to the city.
Blossoms is the first residential development in the one-north district in 14 years. Featuring 165 exclusive units, Blossoms will refine the art of luxury. Located within a business district, this development is surrounded by media and research institutes. With such an environment, innovative minds are sure to congregate and collaborate. Blossoms is conveniently close to the expressways and is within walking distance of several popular locations, including NUH and Buona Vista MRT stations.
The Blossoms is located near several hospitals, such as the Ng Teng Fong Community Hospital and the Ng Teng Fong General Hospital. These hospitals are located near the development, and Blossoms is connected to Jurong East MRT station. Residents of Blossoms can get to the city in under six minutes. The nearby expressways also help residents access the CBD and other areas around Singapore quickly and easily.
- June 5, 2022
The Reserve Residences concept project is located near the Jalan Anak Bukit MRT station. This integrated development is a new residential community with a price tag of SGD989.4 per square foot. Far East Organization submitted the highest bid, which translates to SGD989.4 per square foot. The development’s concept plan incorporates site planning responses for a tropical climate and a mixed-use development with an MRT station.
The Reserve Residences Far East is an integrated development that will include over 700 residential units, 150 service apartments, 20,000 square metres of retail space, and an 8-acre plaza. It will also include an underground pedestrian link to Beauty World MRT station. The concept plan was submitted by Far East Organization. The developer is seeking a global builder to take the project to the next level.
The Reserve Residences will be a mix of commercial and residential units and has undergone eight rounds of tenders. Five developers have submitted concept proposals and the winning one has been chosen. The winning concept has been vetted against various criteria and the successful developer is likely to be chosen. The winning concept will be announced later. The Reserve Residences will also be near Mountbatten MRT station.
The Reserve Residences Far East Jalan Ank Bukit Condo Tender results will reveal which developers are the most qualified. The winning developer will have to create a concept proposal that incorporates pedestrian networks, public amenities, and quality interiors. Those with the best concept proposal will proceed to the next evaluation stage. The award decision will be made later on. Meanwhile, the winning developer will be given a design fee of $5 million.
The Reserve Residences are currently in the planning stage. The Urban Redevelopment Authority (URA) invited five developers to submit concept proposals for the project. The winning concept should include pedestrian networks, quality interiors, and integrated public amenities. The winning concept will be chosen and the construction of the project is expected to begin around 2022. The concept proposal’s cost is yet to be determined, but property consultants expect the price to be around $2000 per square foot.
The Reserve Residences will also include commercial and retail spaces, as well as a senior care community. It will be around 36 stories tall, but its price has not been finalized. It will be located near Beauty World estate. As a result, the project will serve as an urban hub near the upcoming Beauty World estate. While there are no firm plans for the development, Far East Organization is in the process of purchasing land for the project.
Bukit Timah is the most prestigious estate in Singapore. It offers numerous benefits to the residents, including an excellent educational zone. Nearby schools include the Bukit Timah Primary School and Pei Hwa Presbyterian Primary School. Reserve Residences will also be close to a variety of shopping and entertainment facilities, so it will be an ideal choice for a new home buyer. It will also make an excellent investment, and it will be a desirable location for investors.
The Reserve Residences Far East will be an integrated development located near Beauty World MRT Station. The development will include seven hundred residential units and 150 service apartments, as well as 20,000 square metres of retail space. The development will also include an eight-acre plaza and underground pedestrian link to Beauty World MRT Station. The Far East Organization submitted a concept plan for the development that shows the proposed design for the property.
Residents of The Reserve Residences will also benefit from the upcoming Beauty World Integrated Transport Hub. The development will feature an MRT station, retail and community hub, and a comprehensive shopping mall. The development is expected to be completed in a few years. The Reserve Residences is an exciting new addition to the district. It will be an ideal home for young professionals and families. It’s also close to major expressways such as the Pan-Pacific or the upcoming Integrated Transport Hub.
The Reserve Residences is located near Bukit Timah Nature Reserve, which boasts a variety of wildlife. Residents will also enjoy easy access to Singapore’s botanical gardens and other nature attractions. The Reserve Residences is also close to a number of prestigious schools. Residents will be able to send their children to Pei Hwa Presbyterian Primary School, as well as the Middleton International School.
The Reserve Residences is an integrated development that will span 3.22 acres, resulting in 845 new residential units, public transit hub, civic spaces, and business locations. The development is expected to cost $1 billion, and will have a 99-year lease. A public tender will be held soon to find the winning concept. Construction is anticipated to begin in 2022. Upon completion, The Reserve Residences will be one of Singapore’s premier mixed-use projects.
The Reserve Residences are located near the Beauty World MRT Station, where residents can take advantage of the nearby school. The development will also feature a bus interchange, making it convenient for residents to go and from the MRT station. Whether you’re looking for a new home or an investment property, this new development is a smart investment for you. This development will be completed in a few years, and you’ll be able to find one to suit your needs.
The Reserve Residences Far East site is located on a prime location in Mountbatten. It will be six minutes from the Mountbatten MRT station. The project will include an integrated bus interchange, as well as more than twenty thousand square metres of retail space. The winning concept proposal will be showcased at an award ceremony, and construction is expected to begin in 2022. Once approved, the project will include an extensive public park and commercial district.
The Reserve Residences is the residential component of a mixed-use development situated near the Bukit Timah Hill. The project aims to complement the city’s urban green village status. Alongside its residential units, the development includes retail and F&B outlets and civic spaces. As the developer, Far East Organization has done an excellent job in designing the residential unit. The overall design integrates the needs of the community, which is largely a young, professional population.
Residents at The Reserve Residences Near Upper Bukit Timiah have a convenient location. Residents are within walking distance of the Bukit Timah Nature Park. They can enjoy the lush greenery of the surrounding area and observe the different species of fauna. Additionally, Bukit World MRT station offers quick access to the CBD and the Bugis Interchange. Residents can explore the ruins of the former monkey sanctuary nearby.
Located just next to Bukit Timah National Park, The Reserve Residences is linked to major expressways and highways. Residents can commute to the CBD within 30 minutes by taking the Beauty World MRT. Likewise, they can walk to many popular facilities within the vicinity. There is no shortage of amenities and services in The Reserve Residences Near Upper Bukit Timah. It is also conveniently located close to Jalan Jurong Kechil Road and other major roads.
The Reserve Residences will be a mixed-use development in the vicinity of the Beauty World MRT station. The developer of this project, Far East Organization, has received a 99-year leasehold site for the project. The development aims to blend residential and commercial spaces in a 60:40 ratio. It will feature a total buildable area of 32,185 square meters or 346,436 square feet.
The Reserve Residences is located near Bukit Timah Nature Park, a landmark synonymous with prestige. It is also near the Jalan Anak Bukit Nature Park, a scenic nature trail, and the Bukit Timah Fire Station. The developer of the project, Far East Organization, submitted a concept proposal that incorporated the land’s various uses into a single project.
A mix-use development in Mountbatten, Singapore, is a key component of the region’s revitalization. The Reserve Residences will span 3.22 acres, feature 845 new residential units, and feature public spaces, business spots, and a bus interchange. The developer is Far East Organization, a joint venture between Sino Group and Far East Organization. The Reserve Residences’ concept proposal was selected following a competitive bidding process, and construction is scheduled to start in 2018.
Located in Singapore’s prime eastern region, The Reserve Residences is connected to the main expressways and the country’s most important Integrated Transport Hub. Moreover, it is close to many natural attractions, including the Rifle Range Natural Park and the Coast-to-Coast Trail. Moreover, its pedestrian connections and proximity to the nature trails will encourage residents to live an active life.
The concept tender for The Reserve Residences Far East Jalan Anam Bukit has just ended. Five developers submitted concept proposals and price estimates for the project. The shortlist will be evaluated by the Urban Redevelopment Authority (URA) and the winning developer will proceed to the next phase of the tender process. The concept proposal should integrate various uses, public spaces, and amenities. It is part of a larger vision to revitalize the area and bring about a new MRT station. The Reserve Residences Far East is expected to have an overall selling price of $2000 per square foot.
This development is slated to be a new urban hub near Beauty World MRT station. Aside from residential units, it will also feature office spaces and retail spaces. Its location also offers easy access to the central business district and Orchard Road. Integrated Transport Hub is a future development in the vicinity and will further improve accessibility. The development will also be connected to major expressways. This makes it an excellent choice for aspiring young professionals.
- June 2, 2022
The upcoming Bukit Batok EC project is expected to be a mixed bag of residential and commercial units. Although located in a prime neighborhood, the Bukit Batok EC lacks amenities and is not easily accessible via MRT. It is also not a great place for families. There are few amenities in the area, and it isn’t particularly desirable to live here for extended periods of time. Listed below are some pros and cons of Bukit Batok EC.
The Bukit Batok EC is a new executive condominium that is currently under development. The project will comprise 375 residential units, each leased for 99 years. It is located near Jurong East Shopping Centre and Le Quest Mall. Since it is a mature estate with many amenities, buyers can expect higher price tags than those of other neighbourhoods in the area. Buyers may also opt to invest in ECs if they are planning a longer stay.
The Bukit Batok EC site has a large potential land area, with about 375 units per hectare. The area is also within the preferred range for development projects, which enables developers to benefit from economies of scale and not overcrowd the market. It also has one of the highest psf-to-pa ratios, making it an ideal location for new developments. In addition to this, the EC site is also scheduled to close for bids by March 8, 2022.
ECs are expected to be highly sought-after in the market, especially in areas with a low number of private residential units. One mid-sized plot may fetch up to eight to twelve bidders, with the highest paying buyer paying between $630 and $261 per sq ft. There are several advantages to owning an EC in Bukit Batok, besides its prime location.
Located in west Singapore, Bukit Batok EC is a popular choice for investors and long-term residents. This new development is a hybrid public-private mix consisting of 375 units when complete. The Bukit Batok EC offers easy commute access to the city centre, a nearby hawker centre and a future high-rise residential area. For homebuyers, Bukit Batok EC’s proximity to public transport and a convenient location make this an attractive option for investment.
The site has minimal private housing supply, making it an attractive choice for long-term residents and investors. There are several attractions at Bukit EC, including the future development Tengah, food outlets in Le Quest Mall, and a school near the site. Bukit Batok EC is expected to compete with nearby EC Bukit Batok West Avenue 5 in terms of density, with up to 495 units in total. It is unclear whether the two projects will compete, but Bukit EC may have an advantage in marketing the apartments.
The development is expected to feature a 100-metre wide forest corridor and a park. It will also include a community farmland and dedicated walking and cycling trails. This will make the area more pedestrian-friendly, with a focus on green living. Moreover, the project’s proximity to the Jurong Region Line means that residents will have seamless connectivity to other parts of the city. The Jurong Region Line provides seamless connectivity to major areas of the city, and most bus stops are within 300 metres.
If you are looking for a condo in Singapore, Bukit Batok EC is the ideal choice for you. Its location is very convenient for commuters to other parts of the city. The neighbourhood is close to several amenities including Tampines Hub, the largest shopping centre in Singapore. The area is also well connected to buses. Several buses run along Bukit Batok Road and Bukit Batok West Avenue 8.
The area is full of prime residential and commercial properties. There are about 375 available units at Bukit Batok EC. Its size is also ideal for developers as it is within the preferred range. The land pricing is comparatively affordable and developers have been able to take advantage of economies of scale. As a result, there are not many buyers competing for the same parcel. Furthermore, the plot ratios are quite high, so there is no chance of overcrowding the market. It is a good choice for buyers looking to purchase a luxury condominium in the heart of the city. HDB is developing the executive condominiums to provide the conveniences and exclusivity of apartment-style living.
If you are planning to stay in the city for longer, consider buying an EC near Bukit Batok MRT station. As a mature estate, the Bukit Batok EC is close to several established schools. This means that you can spend more time doing more productive things. You do not need to deal with traffic jams in the morning or late at night, and your children can benefit from the proximity to school.
Bukit Batok EC is one of the few ECs in the western part of Singapore. It is situated in Bukit Batok West Avenue 8 ward, near the MRT station and the future Pasir Ris MRT station. It is a good choice for those who commute frequently throughout the city or for families with children. There are plenty of amenities within walking distance of the EC, including restaurants and hawker centres.
The EC itself is an excellent location, close to a number of public transport hubs and the Bukit Batok MRT station. It is also within walking distance of Bukit Batok Secondary School and Dunearn Secondary School, making it convenient for working professionals and families alike. The Bukit Batok West Avenue 8 development offers a free showflat viewing, mortgage consultancy, and more. While the price of the units in this development are higher than in other ECs in the vicinity, they are also cheaper than some other developments in the region.
The only private EC in the vicinity is Le Quest. It launched in August 2017 and saw an early take-up. Expected to attract more HDB upgraders, it is likely to attract around 10 bidders. Prices may start at $580 per sq ft per plot ratio. It is still too early to tell if it will attract a high number of bidders.
Located in the heart of Bukit Batok, Bukit EC is the newest development in the area. It is within walking distance to Bukit Batok MRT Station. It is also within easy reach of numerous amenities and shopping centres. The Bukit Batok EC is also convenient for public transport as it is close to several districts in the region. This makes it a great investment for those who are looking for a location that will appreciate in value over time.
Located next to the upcoming Tengah town, Bukit Batok EC will have up to 375 units on an area of 12,449.3 square meters. With easy access to public transport, this project will be a popular choice for investors, developers, and homebuyers alike. Furthermore, it is close to established schools, so parents don’t have to endure long traffic jams to pick up their children from school.
Bukit Batok EC Next to Upcomng Tengah Town – The Tengah transformation is a huge project near the EC. This development promises to be eco-friendly, smart, and socially aware. This new town will consist of 42,000 new homes, a 100-m forest corridor, dedicated cycling and walking paths, and a vibrant central park.
If you are looking to invest in a plot in Singapore, Bukit Batok EC might be an excellent choice for you. It is located near the Pan Island Expressway, close to the Bukit Batok MRT station, and is close to several schools and hawker centres. It also has easy access to transport, including bus interchanges. Moreover, it is near the Pan Island Expressway, making it a convenient location for commuters.
Most people who invest in an EC are long-term residents, because the supply of private housing is limited. In addition, Bukit Batok is home to well-established schools, making it a convenient neighborhood for families. And if you’re looking for a home for yourself or your family, this development is located near public transport, so you can avoid traffic and enjoy other amenities of the neighbourhood without worrying about driving.
The site is a hybrid public-private development, which is expected to yield between 375 and 380 residential units. The site is located about a 10-minute walk from Bukit Gombak MRT, and is estimated to cover 37,348 square meters. The development site is a mature estate with plenty of potential for future development. It will also have easy access to the Pan Island Expressway.
The latest project from reputed developer Qingjian Realty is located in Bukit Batok EC. Located at Bukit Batok West Avenue 8, this estate is conveniently located within the central business district (CBD) of Singapore. It is just a 10-minute walk from Bukit Gombak MRT station and has a total land area of 12,449.3 square metres. It can accommodate up to 375 residential units. The site is surrounded by major amenities such as shopping malls and restaurants, and the future MRT station is expected to open in 2030. If you are a commuter, this property will serve as a good investment.
In addition to being near a MRT station, Bukit Batok EC is easily accessible from other parts of the city. The neighbourhood has convenient connectivity to various parts of the city, making it an ideal location for families and investors alike. It also offers access to several amenities and schools. This will make it easier for prospective buyers to commute, making the area a good choice for those looking to buy a home for their future use.
- May 23, 2022
You might have heard that living close to your workplace can be an excellent investment. However, a lot of people wonder if staying in a downtown office building is truly a good idea. Here are some reasons to stay near your office:
First, living close to your workplace has numerous benefits. Besides having a better work-life balance, you can also eat your lunch close to the office. Furthermore, living close to your workplace can allow you to have daily lunch breaks and access your home easily in case of an emergency. Plus, living near your workplace will reduce the amount of time that you spend behind the wheel, leaving you with more time to enjoy with family and friends. Walking or cycling to work is also an excellent way to keep fit, and you can also incorporate other forms of exercise into your daily routine.
Besides saving time and energy, living near your workplace may be one of the best investments you ever made. A long commute can be stressful and leave you with no time for other productive activities. Living near your place of employment can also help you save money by reducing your fuel and maintenance costs. It is a win-win situation for both parties. And who says it won’t be the best investment?
Besides the obvious advantages of living closer to your place of work, staying near it could help you achieve a better work-life balance. You won’t need to drive a long distance to get to work, and you can even bring your lunch with you. You’ll also spend less time behind the wheel, which means more quality time with your family. Another plus of staying close to work is the fact that walking or cycling to work will improve your health. You can also add other exercises to your daily routine.
The culture of a workplace is important to the success of a business. A great atmosphere will inspire and motivate employees, and it will also promote comradery between teams. Workplaces that are aesthetically pleasing to employees will boost productivity. The atmosphere in an office is directly related to a company’s culture. A good workspace will promote a healthy environment, collaboration, and innovation, which are important to a company’s growth and success.
A lack of physical space is the biggest barrier to productivity and creativity. While you might feel like working in your living room every single day, a shared physical space will allow you to avoid distractions. This will ensure that your productivity is higher and your overall efficiency increases. You can even take the opportunity to invest in new furniture and equipment. As long as you have enough space and a strong network of colleagues, staying near your work place could be one of the best investments you’ll make.
Staying near your workplace could be the best investment you ever make. The pollution and traffic generated by commuting to work are enormous. You can also try cycling or walking to work instead of relying on a car. You’ll be doing the environment some good as well. And it’s not just a matter of health; it could also make you happier at work.
Besides saving you money, living closer to work may also improve your health. Stress can cause all sorts of health problems. It can lead to substance abuse, overeating, restless sleep, mood swings, and even personal relationships. Plus, you will be spending less time in your car, giving yourself more time for personal relationships and activities. Furthermore, living closer to work could also improve your fitness. By adding a daily walk or a bike ride to your commute, you can easily fit more physical activity into your routine.
Another great reason to live near your workplace is that it can help you save time and make the most of your time. People who commute to work daily often worry about getting late and being stressed. This stress can be replaced with productive activities like catching up on work. And when you have a car, you can also save money on gas and maintenance. You can even use that time to get to the office on time if you live near your workplace.
- May 23, 2022
There are many benefits to owning a home that was designed for your family. You can include important family memories and cherished items in your new home. You can even include some of your family’s history in your new home. All these factors will help to make your house truly unique and special. So, what makes a good home for your family? Read on to learn about the features you need to look for in a house designed for you and your family.
How many bedrooms should you include in your new home? How much space do you actually need for each room? There are some important things to consider before you begin the construction process. Consider how many people will be living in the home, how long they plan to stay, and how many of them will need a private room. If you have a growing family, it’s a good idea to include a spare bedroom in your new home for a work area. This way, you can have a professional work environment in a spare room, instead of having to set up a separate office space in the living room or kitchen.
In terms of size, a standard bedroom requires 168 square feet and includes a 30-inch area around the bed. These bedrooms are typically for teenagers and children. They have a closet and a window, but can be converted to a home office, gym, or extra storage. Although most bedrooms are 132 square feet, some are up to 144 square feet. However, if you have a family of four, it is important to have enough space for everyone.
If you’re looking for a new house with an open-plan kitchen, you’ve come to the right place. Open-plan spaces offer many benefits, and they’re ideal for families. They have a functional layout that’s easy to navigate, and all the mod cons are conveniently close by. The classic cabinetry in a dark wood tone looks great with a wood floor. A parquet floor can give the room a Parisian apartment feel. The flow of the space is another consideration in an open-plan kitchen. Using curves to direct traffic can stop guests from stepping on you or being trampled underfoot.
When choosing an open-plan kitchen, consider the flow of traffic. If you have children, make sure there are no sharp corners or other places where you might trip. Curved ends of Shaker-style units can help avoid accidents. Large spaces can be expensive to heat, so consider underfloor heating instead. Underfloor heating provides an even and comfortable level of warmth throughout the house. A good open-plan kitchen also has plenty of storage space.
A large backyard is essential if you have a large family. The space is perfect for outdoor play and can accommodate a pool or other features. A spacious backyard is also ideal for entertaining guests, such as a deck or fire pit. A large backyard is also convenient for a fully equipped kitchen. It will be easy to host dinner parties and other social gatherings. A large backyard will also give you a view of nature.
Big backyards are also great for kids. A large yard will encourage children to play quietly outside. If you are worried about their safety, you can put up fences to keep them within the yard. Outside play is a healthier alternative to playing video games, so a big backyard can help prevent childhood obesity and other health problems. You can also have fun while playing with your kids in the yard.
Instilling values in your children is an important part of parenting. As your child grows, however, you will need to be more flexible and adapt your rules to meet their changing needs and personalities. Instead of creating rigid rules and punishing your child for breaking them, consider ways to instill positive family values and avoid negative consequences. For example, you could create a curfew, and a time limit for when your child can come home from school. While it is important to establish a curfew, you should make sure to keep the room clean and tidy. Your child should also learn to ask politely for space when they need it.
If the parents are not completely in agreement, talk it out and establish some flexible rules. By doing this, you are modeling cooperation and setting guidelines for how the family operates. If necessary, let your children participate in the process. It is important to listen to their opinions and feelings, as they can contribute to making the rules flexible and observable. Your family members should be comfortable with these rules, so be flexible and be open to their suggestions.
Choosing a location is an important aspect of your home search. In general, homes near or within a city will cost more than those outside of it. These homes may also have higher taxes. But you should also consider how desirable the neighborhood is in the future. If new infrastructure projects are planned, the neighborhood may become even more desirable. While this may increase the price of your home, it can also lead to increased traffic, noise, and pollution. In order to decide which neighborhood is best for your family, search for properties in safe neighborhoods.
Unlike the aesthetic qualities of a home, location is objective. You can buy a good home in a desirable neighborhood with schools that are rated highly and transport links that are convenient. A “good” neighborhood also has community involvement. A bad location, on the other hand, will not remain good forever. Cities and neighborhoods are constantly changing, and a once-desirable neighborhood may become unpopular within a few years. Similarly, a neighborhood may become less desirable in a few years, but a major employer may open in the area.
- May 22, 2022
While you are evaluating the different properties in your city, you should also take the amenities into consideration. If you are concerned about noise or light, then consider a location that has a lower traffic volume. For more information, read the HOA rules. Listed below are the best features for buyers to consider. They should be carefully considered when deciding on a new home. This article covers all the important aspects for purchasing a condo.
Many benefits are found when choosing a condo over a house or a single-family home. Condos are more convenient to live in, have fewer upkeep costs, and are often close to other people. This can make it easier to meet new people, and make friends. Many condos also offer pool facilities, fitness centers, and sky lounges. These are all things that a buyer should consider when comparing the features of a condo to a house or a lot.
While some people prefer the privacy that comes with a detached house, others prefer the security and convenience of a neighbor’s watchdog. Good neighbors can provide peace of mind while you’re out of town. Those features should be balanced with the price of living in a condo. While you don’t have to deal with HOA police every day, you still need to think about your daily life and your budget. A condo with great amenities can impress guests, but it might be more expensive than a detached house.
If you’re considering buying a condo, the best way to compare the various properties in the same community is to visit the community and ask a few residents. The amenities in each community vary greatly, so you’ll want to find out what is included and what is not. Some condos include only snow removal, while others offer a gym, outdoor grills, and other luxury amenities.
Some benefits of buying a condo include its low maintenance and first-class amenities. First-time home buyers and seniors may find condos appealing, while first-time home buyers can often only afford to purchase a modestly priced house. Additionally, many condos are located in downtown areas, which provide an urban lifestyle for residents. The main difference between condos and houses is their cost, which is often lower than a single-family home.
First-time buyers can consider a condo for their first home purchase. A condo typically costs less to purchase than a single-family home, and maintenance is generally handled by the building’s homeowners association (HOA). This HOA is responsible for mowing lawns, trimming shrubs, and maintaining exterior siding, driveways, walkways, and roofs. In addition, condos tend to have lower property taxes than single-family homes.
Other benefits of a condo include its quick-selling features. Many condos have better marketability than houses, and they are located near popular urban hubs. SMDC condominiums, for example, are often located near shopping malls and SM Centers. For those who are considering a condo, it may be worth your time to compare their features and amenities. Whether or not you ultimately purchase a condominium or a single-family home will depend on your lifestyle, location, and budget.
When looking for a property, it is helpful to compare the different features offered by different condos. For instance, a condo with an association that has rules and regulations that can be frustrating to follow is unlikely to be a good buy. Similarly, a condo with poor management can make its HOA dues rise, reducing the property value and pushing them higher. If you have your heart set on a condo with an association, make sure you understand what it means before signing the papers.
The HOA is an important part of the condominium experience. Not only does this determine the quality of the building, but it also determines the type of community that you’ll be living in. It’s important to research the HOA before signing any paperwork, especially if you’re buying an older property. It’s also helpful to meet your neighbors and get their feedback on the management.
When comparing the best condo features for the purchase of – or selling – a property, make sure to look at the exterior as well as the inside. Condos are usually uniform and a buyer has limited freedom to customize the outside. For instance, a welcome mat in front of the door might be difficult to get approved for a condo. A house, on the other hand, could be painted any color the buyer wants, have a playhouse in the back yard, and flowerbeds all throughout the property.
Before making any offers, make sure to secure preapproval from a mortgage lender. Gather your financial documents and make sure the condominium’s common fees are within your budget. There are also some condos with higher common fees than others, so make sure you find a deal-breaker before searching for a condo. Finally, make sure the condo’s governing board meets with the buyer and gets an inspection.
- May 22, 2022
When it comes to buying a condo, there are a few key features to look for. These include energy-efficient features, low maintenance, and location. Energy-efficient features can save you money on utility bills. These features include superior insulation, which prevents warm air from escaping in winter and cool air from escaping in summer. Other features may include energy-efficient lighting and equipment, time sensors for lights, and solar panels.
When looking for a condo, consider energy efficiency. Modern construction standards call for greater energy efficiency, including the use of high-efficiency HVAC equipment. These features reduce utility bills and help maintain a home’s resale value. Energy-efficient features of a condo that is of investable quality include airtightness and proper insulation. Buying ENERGY STAR(r)-certified appliances is another way to save money and the environment.
In addition to replacing inefficient appliances, upgrading your windows can provide major energy savings, although this upgrade can be costly. Older windows lose their ability to seal and allow cool air to escape during the summer and warm air to pour in during the winter. Check with your HOA to find out whether it has funds for shared window replacement. By doing this, you can ensure that the common entry and exit areas are kept in tip-top shape.
When considering a purchase, a condo is a great way to get into homeownership. These homes have minimal maintenance requirements and are typically less expensive than single-family homes. The association maintains the exterior of the building, such as landscaping and shrubs. They also tend to have lower property taxes than single-family homes. The association also usually takes care of the roof, driveways, walkways, and exterior siding. Lastly, condos require less maintenance than single-family homes, so they are an ideal option for first-time buyers.
There are several downsides to owning a condo, including the lack of communal spaces and unfriendly neighbors. Some people are uncomfortable sharing walls and spaces with their neighbors. Some condos may also have high association fees and have insufficient reserves. Despite these benefits, a condo’s downsides may dampen the experience. However, many buyers find these disadvantages to be more than offset by the high investment potential.
A good school district is one of the best features of a condominium, as it will help to boost the value of the property. This is because a good school district attracts more potential buyers and creates more multiple offers when a property is on the market. Moreover, if you’re not planning to have kids now, but in the future, you may want to start a family, having a good school district nearby will ensure the resale value of your unit.
You can find the best condos in the area where you want to live in. You may look for a condo that is near a shopping mall or grocery store. You may also choose a condo that is close to a park. Some people prefer to live near a waterfront, while others choose a neighborhood that is near an airport. Regardless of your preferences, a condo with desirable amenities is likely to be in demand when you’re ready to sell it.
As with any other purchase, knowing the cost of a condo that is of investable value is key. You’ll have to figure out the rent you’ll get per month and estimate the associated expenses to ensure you’ll be able to afford it. As with any investment, you’ll need to factor in the costs of upkeep and repairs, as well as other expenses associated with common areas. Estimate these costs into your cost estimate before making the final purchase.
Condos are a smart investment, especially in this expensive real estate market. They’re easier to maintain and typically cost less than single-family homes. While they may have a lower initial cost, they appreciate at a slower rate than single-family homes. As of October 2020, the median condo sales price rose 10%, while the median single-family home price grew 13%. So, if you’re looking for an investment property that’s both affordable and of investable quality, a condo may be a great choice.
Many investors look for the highest resale value of a condo and are attracted to smaller units because they tend to have more maintenance issues. Also, older units will tend to have higher maintenance costs. However, if you are a large investor, you can look for a package deal. Often, sellers will lower the asking price for separate units for the buyer. The new owner can then sell them individually for a profit.
The average resale value of a condo has nearly recovered to its 2007 high. However, if you live in an area with high crime rates, it will be difficult to recoup the investment. In such cases, look for a smaller unit to avoid these red flags. Buying a small condo can help you build up equity. Investing in a condo can be a good choice for young homebuyers who can afford a smaller unit. Moreover, research the neighborhood for safety.