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FH condo that is near mrt?


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There is going to be a hew condo at the Hillview roundabout area?

Saw the boarded up area by FEOrg.

Seems like a good place to by as it's near to the upcoming hill view MRT station.

 

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Just curious, anyone knows which condos that are Freehold and also situated near a mrt?

Let say less than 1 km.

 

I think these condos will not depreciate even in bad economic time?

 

I did my research on Glendale Park.

 

20 years old freehold

285k sq ft of land

448 units

Each unit owns roughly ard 600 sq ft of real land

 

A glimpse at the recent GLS just beside them which was bought by City Dev at S$1,067 psf ppr for a 99 leasehold land. Means break even for them is ard $1,300 psf

Glendale Park is freehold and currently transacted at ard S$1,150 psf not forgetting its 50m away from HillView DTL from back gate. Much more convenient and valuable than Hiller and or the new City Dev land.

 

Also bigger piece of land with understated livable GFA. 3 tennis courts and many big rectangular shaped grass patches unused

 

All GLS around that area has a 2.8 plot ratio given 

Glendale only has a 1.92 plot ratio.

 

Can we potentially see Glendale plot ratio to be revised to 2.8 for the next Masterplan? Even without the revision of its plot ratio, Glendale Park will still be a deep value purchase for those that holds on to it in the next 10 years. High potential for value unlocking either via enbloc or price apreciation.

 

Hillview DTL is just 7 mins away to Tan Kah Kee(Nanyang Primary, Hwa Chong)

 

The deep value aspect of it is due to the huge price disconnect between the new launches(all 99 years) and the old freehold dev(much nearer to mrt and much more sparse). Glendale is also very well maintained by Knight Frank

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Just curious, anyone knows which condos that are Freehold and also situated near a mrt?

Let say less than 1 km.

 

I think these condos will not depreciate even in bad economic time?

 

In my opinion, the condos could be depreciated. you may get a good price even in the bad economic time.

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(edited)

Rental yield one of the best performers..

<ADV>The GEM in CBD with 2019 Master Plan!

*Marina One Residences*

Direct link to 4 MRT

1-4bedroom

From $21xxpsf

View Actual Unit

goo.gl/m4TN9A

UN.

 

<ADV>

Most Affordable Condo Launch in SG!

*Treasure @ Tampines*

-Walk to Simei MRT

-128 Facilities

1 to 5 BR avail

 

Visit http://bit.ly/Tamp12

<UN>

Edited by Kopites
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<ADV>The GEM in CBD with 2019 Master Plan!

*Marina One Residences*

Direct link to 4 MRT

1-4bedroom

From $21xxpsf

View Actual Unit

goo.gl/m4TN9A

UN.

 

<ADV>

Most Affordable Condo Launch in SG!

*Treasure @ Tampines*

-Walk to Simei MRT

-128 Facilities

1 to 5 BR avail

 

Visit http://bit.ly/Tamp12

<UN>

 

Why so many Ads??

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Why so many Ads??

I deleted the contact.

 

hahaha every few days sure received few of these sms.

 

Someone said wanted near mrt. the above should be quite near I reckon.

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If so many agents can advertise their condos then I want to say I heard got a very good massage uncle that only do for good looking young ladies.

 

Can consider. Pm me for name and contact number.

 

Make appointment early to avoid disappointment.

 

:D

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