Quote:
Originally Posted by Unregistered
If you to propertyguru and do a search, there are landed estates in the Jurong area. These are the Corporation, Westwood and Pioneer estates. Corporation and Westwood estates are relatively newer. Prices are now about $1.5m - $2m for terraces. Prices are in an uptrend since the announcement in 2008 of the Jurong Lake District 2nd CBD plan. Many people and agents are predicting prices will go beyond $2m and above once the area is fully developed. Any price below $2m today is a bargain. I think about 20 units now selling below $2m.
|
this is true. 1.5m - 2 mil to secure a built-in space of 3000 plus square feet translates to only about 500 plus psf FREEHOLD .... whilst any freehold condo usually goes for 1200 psf or more nowadays. prices for landed property nowadays are still at a bargain, but this situation may not remain for long, as more Singaporeans become cognizant of this fact.