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22-07-13, 12:45
http://www.straitstimes.com/archive/saturday/premium/money/story/plenty-amenities-north-east-20130720

HOTSPOT

Plenty of amenities in north-east

Checking out the page views on the STProperty website gives an instant snapshot of what projects buyers are keen on. This week, we look at developments in districts 19 and 20 that have drawn the most attention.

Published on Jul 20, 2013

By Rachel Scully


SINGAPORE'S north-east region comprises newer estates such as Punggol and Sengkang, and the mature estate of Hougang.

Together, the three areas make up District 19.

Residents in the area are served by popular shopping centres such as nex mall, Heartland Mall and Hougang Mall, and newer infrastructure such as the scenic Punggol Waterway.

The district is also connected by the North-East MRT line.

Based on the highest number of page views on website STProperty from July 8 to 14, the top five private homes which attracted the most attention were all 99-year leaseholds.

Topping the list was 702-unit Bartley Residences with an average asking price of $1,231 per sq ft (psf) for its one-, two- and three- or more bedder units. It also recorded the highest average transacted price among the projects at $1,191 psf between January and last month, according to data from the Urban Redevelopment Authority (URA).

The other four projects in the list were the 920-unit Riversails, the 380-unit Lush Acres, the 1,145-unit The Minton and the 700-unit The Topiary.

Farther to the west lies District 20 which covers Ang Mo Kio, Bishan and Thomson.

The Central Business District is easily accessible from these areas via the North-South MRT line, buses and expressways.

Many home buyers are drawn to this area because of the ample choices of food, leisure amenities and connectivity.

Heading the list of top five private homes by page views on STProperty in the past week was the 509-unit Sky Habitat in Bishan.

It offered one-, two- and three- or more bedders at an average asking price of $1,530 psf. URA data showed that the average transacted price for its units between January and last month was $1,546 psf.

The project with the highest average asking price between July 8 and 14 was the freehold Three 11 along Upper Thomson Road.

With only 65 units, its one-, two- and three- or more bedder units had an average asking price of $1,573 psf.

However, no caveats for the project had been lodged with the URA between January and June.

Its preview launch was held last month.

The other three projects that made it to the top five were The Gardens At Bishan, Belgravia Villas and Rafflesia condominium.

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