When it comes to buying a property, whether it’s buying for personal occupation or investment, it’s wise to pay attention to other things besides the location.
This is because compared with other HDB towns, Bukit Timah doesn’t have as many HDB flats in the first place. The area is mostly filled with condos and landed properties, with HDB flats mostly located at Farrer Road, Queen’s Road and Toh Yi Drive. For instance, here’s where you can find maisonettes. One notable transaction in the town is the sale of a 33-year-old HDB maisonette for S$1.28 million in September this year, a record for the HDB town.
This is not surprising to us, given the popularity of the area due to its central location and number of popular primary schools, such as Ai Tong School and Catholic High School. To get a better chance of securing a seat for their child, families are willing to pay top dollar to buy a home within 1km of these schools.It’s also one of the HDB towns that regularly records million-dollar HDB flat sales, with at least one such transaction every month over the past year.
Source: News Formal (newsformal.com)
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