Here are my personal observations over the last 3 years and ? the development of a potential price inequality, wondering what you guys think ?
1. bukit timah road/dunearn road
New estates
floridian/cascadia/jardin going between 1600-1900psf
generally i would rank jardin>=floridian>cascadia
Old estates
tessarina, nexus, sterling, maplewoods, blossomvale
all transacting 1400psf there abouts on average
2. jalan jurong kechil
signature park 1000++ psf
terrene 1300++ psf
apartments (w/o condo facilities) charisma view, grand regency, grand chateau have transacted at 1050++ psf
3. hillview area
im very surprised that symphony heights/summerhill have transacted 1200-1300psf ( in my opinion , over-valued )
this is the first price inequality![]()
4. now u would notice that the shall i say neglected stretch along upperbukit timah road with
Springdale/Southaven/Bukit regency
this area is transacting 1000+
(same as jalan jurong kechil and ?lower than hill view area)
what do u guys think?
this area should be valued at 1100-1200psf![]()
upsides and advantages
1. MRT 600m, southaven is probably the most walkable![]()
not possible at jalan jurong kechil, upslope and very far in hill view
2. Amenities (food across the road -> cheong chin nam road vs railmall and none at jalan jurong kechil)![]()
3. No ERP (compare this to hillview)![]()
4. Nature? pros and cons![]()
5. Better location (more central closer to the bukit timah stretch)![]()
would be looking at these condos with great interest
intrinsic value should see higher transacted caveats soon
what do u guys think?
im personally vested in this area
am looking for more bargains