One of the effects of
Plus and Prime model housing is the impact on pricing “across the road”. Because these housing models are not applied retroactively, existing resale flats may share the high value Plus or Prime locations, but lack the same restrictions: they don’t have 10-year Minimum Occupancy Periods, for example, or an income ceiling for future buyers. As such, resale flats close to Plus and Prime flats may actually see a boost in prices; and those who fail to secure a Prime flat may look to these as alternatives:
Recent Prime Location Housing (PLH) prices:
Prime Location Public Housing Model |
|
|
|
Kallang/Whampoa |
Verandah @ Kallang |
|
|
3-room |
From $368,000 |
4-room |
From $535,000 |
Queenstown |
Tanglin Halt Cascadia |
3-room |
From $364,000 |
4-room |
From $537,000 |
Bukit Merah |
Alexandra Peaks |
3-room |
From $380,000 |
4-room |
From $533,000 |
Queenstown |
Ulu Pandan Vista |
3-room |
From $430,000 |
4-room |
From $598,000 |
Queenstown |
Tanglin Halt Courtyard |
4-room |
From $565,000 |
Queenstown |
Holland Vista |
4-room |
From $582,000 |
Besides the prices shown above, please note that Subsidy Recovery (SR) isn’t reflected in the...