(15-11-2013, 03:42 PM)gautam Wrote: [ -> ]In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
i think you can say the same for HDB estate. Example REDHILL Estate or Queenstown.
(15-11-2013, 03:42 PM)gautam Wrote: [ -> ]In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
Other than FH and near MRT, it is preferably to near the town too. RCR is the area which I believe is the best to invest.
(15-11-2013, 03:42 PM)gautam Wrote: [ -> ]In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
next time, almost everywhere will have MRT. If you want to bet on new MRT station, choose location near poly, JC or uni or school cluster. The daily traffic flow will justify a station. E.g. I am quite sure TaoNan/CHIJ/KC/St Pats stretch will have a MRT station.
(15-11-2013, 04:22 PM)opmi Wrote: [ -> ] (15-11-2013, 03:42 PM)gautam Wrote: [ -> ]In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
next time, almost everywhere will have MRT. If you want to bet on new MRT station, choose location near poly, JC or uni or school cluster. The daily traffic flow will justify a station. E.g. I am quite sure TaoNan/CHIJ/KC/St Pats stretch will have a MRT station.
I think some areas will have LRT and not MRT. So there is a difference.