There are two key things that Singaporeans love in a property: freehold status, and proximity to an MRT station. Whether you’re a long-term investor, or a legacy-minded homeowner, these are probably in your criteria to be shortlisted. Sadly, the combination is increasingly hard to find in 2021; but there are still outstanding options, if you don’t mind that they’re a bit older:
- Orchid Apartments
Location: 42 Eng Neo Avenue (District 11)
Nearest MRT: Sixth Avenue MRT
TOP: 1977
Number of units: 52
Source: Square Foot Research
Current transactions indicate an average price of $1,522 psf. There have been 11 profitable transactions, and four unprofitable transactions.
Key highlights:
Orchid Apartments about 350 metres, or a 10-minute walk, from Sixth Avenue MRT station.
This stretch of Bukit Timah is not heavy in amenities; but that’s part of the appeal. This is a quiet stretch of greenery, which provides a break from Singapore’s heavy urban backdrops. Orchid...
