Whether you’re a seasoned property investor, or buying a home for the first time, you’re likely aware that the Home-School Distance (HSD) category used by the Ministry of Education (MOE) can be a major factor in the property decision making process.
Finding a home that is within one kilometre of a Primary school provides priority enrolment, after other factors like siblings and parent volunteerism are taken into account. This means that the HSD category doesn’t just mean a home that is a short trip from school, it could be a significant contributor to the value of the property.
The problem is you also can’t reduce this to something as simple as: “near school = higher gains”.
Not all properties see uniform benefits from being within 1km of a primary school, and when there are multiple condos within this distance, comparisons get tricky. Other considerations, such as walking distance or whether...