Bukit Timah is one of the most attractive and prestigious locations which has a very high land value. This region is known to be the private residential centre for the affluent and also contains many expensive condominiums and landed property.
But 5 to 10 years back, other than its coveted address and premium elite schools, Bukit Timah has not been known for its transport connectivity or highlights of its nearby locations.
Residents in the area have been clamouring for the new transformation that will re-energise the neighbourhood, instil a newfound convenience and inject the vibrant like heyday.
Even before the introduction of the government’s new transformation plan, Bukit Timah estate was known to be an affluent neighbourhood with a premium asking price. The premium prices you see today are expected to soar even higher in the next couple of years.
This is simply because the best-performing projects bear a combination of at least three desirable attributes. The first-mover advantage, the upcoming transformation and the positive impact of living in the neighbourhood.
Building the one-stop integrated facility – Bukit Timah Community Building and the biggest additions to the Integrated Transport Hub – Beauty World MRT will raise the value and bolstered prices of homes, bumped up rents and increased sales volume.
In essence, it will heighten buying interest for new properties as the amenities and accessibility are easily available and convenient. Equivalently, it will definitely draw attraction for investors and homeowners as this area will have growth appreciation and returns in years to come.
Having said that, not all properties are made equal. Do you know which development will yield the highest capital gain in Bukit Timah? My name is Jen Tan. Drop me a private message or give me a call at +65-90662926 & we will get back to you soonest with the updated listings.