Tag Archives: Home Buyers

Where to find affordable, well-located condos

Home buyers looking for cheaper yet well-located condominium units are drawn to districts 13 and 14, which offer a central location and relatively lower prices.

In District 13, one of the most popular projects is the 868-unit Bartley Ridge . Launched in March, the 99-year leasehold condominium offers units at an average price of S$1,241 psf. Aside from the affordable price; the development is located near Bartley MRT station.

According to data from the Urban Redevelopment Authority (URA), average transacted prices at the development between December 2012 and last month stood at S$1,291 psf.

The four other projects within the district are smaller. Of these, 8@Woodleigh has the highest average asking price of S$1,627 psf.

Meanwhile, District 14’s top five popular condos comprise a mix of freehold and 99-year leasehold projects. Topping the list is Waterbank at Dakota which has an average asking price of S$1,615 psf. Offered on a 99-year lease, the 616-unit project comprises one- to three- or more bedders and is located near Dakota MRT station and the Circle Line. It also recorded the highest average transacted price of S$1,516 psf for the period from December to last month, noted the URA data.

Over at the freehold Vacanza@East, units at the 473-unit project comprise one- to three- or more bedders, with an average asking price of S$1,335 psf.

Rounding up the top five on the list are the 522-unit Simsville, the 348-unit Dakota Residences and Le Crescendo – a 228-unit condo.

Source – PropertyGuru – 4 Jul 2014

Concerns over low-storey HDB flats

Letter from Marcus Phang

There is always talk about home buyers shunning low-storey units in Build-To-Order or Sale of Balance Flats launches. The Housing and Development Board must not, however, be too quick to accuse such buyers of being too fussy.

As an owner of a new flat, I have brought up several concerns to the HDB’s project consultants and relevant parties such as its contractors.

These are important aspects on home security, high-rise littering, dropped laundry and problems caused by strong wind and rain, which require design modifications for a better living environment and to prevent mishaps such as break-ins.

However, there has been no concrete, permanent action to rectify these concerns. If the HDB wants home buyers to take up such units at its sales launches, then it would be imperative to make a concerted effort to address such concerns first.

Source: May 11, 2012