“Location, location, location,” – surely you’ve heard this phrase often enough to know of its importance. And indeed, it is pretty much the number one rule in real estate, since a home’s value pretty much depends on where it’s at.
Homes located in the Central Region that are within walking distance to MRT stations are especially coveted for their easy connectivity and convenience.
In this article, we round up the 10 most affordable freehold condos in the Central Region that are located within 500m from the nearest MRT station. To derive the figures, we looked at resale transactions that took place within the first 10 months 2018. Only projects with at least five transactions were considered in our analysis:
Avg transacted psf price in 2018: $956
The freehold project comprises 142 units and is located on Lorong 28, Geylang.
Completed in 2008, Atrium Residences is situated near Aljunied MRT station and Geylang Methodist Primary and Secondary Schools.
Avg transacted psf price in 2018: $1,059
The Sunny Spring comprises 338 units and is located on Lorong 40, Geylang.
Completed in 1998, it is near Dakota MRT station, and Kong Hwa and Broadrick Secondary Schools.
3) Cassia View
Avg transacted psf price in 2018: $1,111
The 72-unit freehold project sits on Guillemard Road and was completed in 1998.
It is located near Dakota MRT station, and Kong Hwa and Broadrick Secondary Schools.
4) Le Crescendo
Avg transacted psf price in 2018: $1,135
The freehold project comprises 228 units and was completed in 2006.
Located on Paya Lebar Road, it is less than 500m to MacPherson MRT station.
Avg transacted psf price in 2018: $1,184
Le Hill Condominium comprises 97 units and was completed in 1999.
Located on Pasir Panjang Hill, the freehold project is near Haw Par Villa MRT station and lifestyle amenities like the Kent Ridge Canopy Walk.
6) Rezi 26
Avg transacted psf price in 2018: $1,236
The freehold project is located near Aljunied MRT station, and Kong Hwa and Broadrick Secondary Schools.
Completed in 2015, Rezi 26 is located on Lorong 26, Geylang and comprises 106 units.
7) La Fleur
Avg transacted psf price in 2018: $1,248
Completed in 2014, La Fleur is situated on Lorong 26, Geylang and comprises just 58 units.
The freehold project is surrounded by various schools in the area. They include: Geylang Methodist Primary and Secondary Schools, and Kong Hwa and Broadrick Secondary Schools.
Avg transacted psf price in 2018: $1,251
The Blossoms@Woodleigh, located at Woodleigh Close, comprises 240-unit and was completed in 2007.
The freehold project is located close to Woodleigh MRT station, and is near St Gabriel’s Secondary School, Maris Stella High School and Stamford American International School.
Avg transacted psf price in 2018: $1,295
The freehold project is located on Leicester Road. It was completed in 2008 and comprises 194 units.
It is less than 300m from Potong Pasir MRT station, and is close to St. Andrew’s Junior School and St. Andrew’s Secondary School.
10) Thomson 800
Avg transacted psf price in 2018: $1,298
The 390-unit Thomson 800 is located on Thomson Road and was completed in 1999.
It is less than 500m from Caldecott MRT station, and is near Marymount Convent School and Lighthouse School.
Find more properties located near MRT stations here!