Prime freehold resale homes now available at new leasehold suburban prices
AN ADVERTISEMENT for a resale condominium unit shouts: “Freehold selling at leasehold price!” Another says: “S$2,064 psf for a district 9 freehold project that’s less than 9 years old.” Yet another simply states: “Cheaper than 99-year leasehold.”
The properties above share a few common traits: They are prime district freehold, non-landed homes; and their asking (and transacted) prices are lower than the median selling price for the new 99-year leasehold AMO Residence project in Ang Mo Kio of S$2,110 per square foot (psf).
AMO Reside…
A NEWSLETTER FOR YOU
Property Insights
Get an exclusive analysis of real estate and property news in Singapore and beyond.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 HDB shops, private strata retail units on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases