Property
How Much is Proximity to a MRT Station Worth?
By (The) Boring Investor  •  March 4, 2018
In my last 2 blog posts, I discussed the price differential of different ages of condominiums, size of units, as well as how long is the leasehold of the condos. See Areas Where We Saved for Our House Purchase and Could We Afford a Freehold Property? for more info. In both posts, I mentioned my preference for proximity to a MRT station, as there are usually more amenities such as shopping centre, market, hawker centre, etc. Staying close to a MRT station also means that we save on a car, which could potentially cost $200K or more in future expenses. However, I also note that the closer a condo is to a MRT station, the more expensive it is. So how much more expensive is it? Let us compare 2 condos that are still being built. One is within walking distance of a MRT station while the other one is ......
Read the full article
By (The) Boring Investor
nvestor, Engineer, Photographer, Blogger, Friend and Son.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance