Hidden Freehold Gem of the East
- edmundee
- Apr 28, 2024
- 1 min read
Updated: Jun 4, 2024
With home prices on an upward trend, many find it hard to look for a good value home that they can enter safely. If you are feeling the same, you'd definitely want to finish reading this.
Non-landed average new home sale prices ($PSF)
Looking at the private residential new launch prices in the last quarter, we see that CCR, RCR, and OCR are selling at an average of $3,127, $2,564, and $2,190 per square foot (psf) respectively.
New Launch in RCR and OCR Avg $psf
Zooming into the new launch segment for RCR in the last quarter, freehold properties in the RCR are averaging at $2,547 psf, and the 99-year leasehold properties are averaging close to the $2,700 psf mark.
RCR Non-Landed 99 Resale
And finally, looking at the 99-year leasehold resale segment in RCR, the prices have already crossed the $1,900 psf mark.
You must be wondering what all these figures have to do with you. What if I told you that there was a freehold new launch property out there in the RCR that is going for $2,100 psf, would that interest you?
It is literally paying for an OCR new launch for an RCR FREEHOLD PROPERTY!
Presenting Straits at Joo Chiat, a freehold new launch property going at $2,100 psf in the highly desirable District 15.
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