Landed homes still a value-for-money proposition

[Kevin Tan]

http://www.theedgeproperty.com.sg/co...ey-proposition

Landed homes still a value-for-money proposition

By Michael Lim / URA, The Edge Property | September 25, 2015 9:00 AM MYT
Landed homes remain at the forefront of all home owners’ dreams. Therefore, it is no surprise that when a house in a desirable neighbourhood comes on the market for sale, it is quickly snapped up.

Take, for example, a freehold terraced house at Grace Walk located off Lorong Chuan that was sold for $2.77 million ($1,021 psf), even though it was completed in 1985. Meanwhile, Luxus Hills is a 999-year leasehold landed housing development by Bukit Sembawang Estates bordered by Yio Chu Kang Road. A terraced house at Luxus Hills Phase 6 that is still under construction fetched $2.7 million ($1,692 psf).

http://www.theedgeproperty.com.sg/co...ey-proposition

[mummy]

And even better if there is mrt and shopping mall within walking distance and within 1 km of a good school...