Tag Archives: Condos Near MRT

Homes near MRT stations on right track

Posted on 22 Aug 2009 | Comments Off on Homes near MRT stations on right track

They are easier to rent out; fetch higher prices

TWO property developers were recently in the spotlight for including unconfirmed locations of future MRT stations in their condominium advertisements.

The incident clearly highlighted the popularity of housing developments located near MRT stations.

Property agents say the benefits of such a location are myriad, though buyers can expect to pay significantly more for such properties.

‘Singapore has a very comprehensive MRT network which is constantly being expanded, and being near an MRT station will reduce travelling time,’ said Mr Eugene Lim, associate director of ERA Asia Pacific. He added that this is a key factor in the attractiveness of such properties to owner-occupiers and tenants. Continue reading →

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Concourse Skyline: New condo to get walkway to MRT station

Posted on 21 Aug 2009 | Comments Off on Concourse Skyline: New condo to get walkway to MRT station

HOW’S this for a condominium’s selling point: Near MRT station. Complete with all-weather walkway.

The new Concourse Skyline in Beach Road could be the first private housing project to have an overhead bridge linking it to Singapore’s mass transit system.

Other condo projects are likely to follow, in what could be an emerging trend.

Once it is completed, residents of the 99-year lease Concourse Skyline, being built on a demolished wing of the Concourse complex, will need to walk only about 200m to the Circle Line’s rebuilt (and relocated) Nicoll Highway station due to open next year.

The 360-unit condo, developed by listed property group Hong Fok at an estimated $200 million, is expected to be ready by 2013. Continue reading →

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