Will ACS (Primary) move turn Tengah into the new Bishan?

THE move of a top primary school from Bukit Timah to Tengah in 2030 is set to boost interest and property values in the brand new town being built up in the west, said analysts on Thursday (Feb 9). 

The relocation of Anglo-Chinese School (Primary) from its current Barker Road campus could also dampen nearby residential rents in the longer term, though the immediate impact would be minimal. 

Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, noted that properties near “top schools” can draw a price premium of up to 15 per cent.