Kevin Tan
11-01-16, 13:55
http://www.theedgeproperty.com.sg/content/five-years-best-projects-capital-appreciation
Five years on: Best projects by capital appreciation
By Esther Hoon, Tan Chee Yuen / The Edge Property | January 8, 2016 10:00 AM MYT
Tags: Non-landedcapital appreciation
Here is more evidence why properties located in the city fringe or near regional centres may be investors’ best bets, at least in terms of capital appreciation. In this study, we identified 10 projects with the highest capital appreciation between 2010 and 2015. Most of them were either in the central region or near regional centres.
Another attribute driving price appreciation is first-mover advantage, which is related to timing. The study compared the average transacted price of private non-landed projects between 2010 and 2015 by size and those with at least three transactions.
Top-performing projects
For homes ranging from 700 to 900 sq ft, the top 10 projects in terms of price appreciation were Caspian (37%), Hougang Green (31%), The Gardens at Bishan (30%), Kemaman Point (29%), Tanglin Regency (27%), Waterbank at Dakota (25%), Regent Park (23%), NV Residences (22%), Waterview (21%) and City Square Residences (21%) (see Table 1). Of these, eight were located near the city centre or regional centres.
The top-performing project, Caspian, is a condominium near the Lakeside MRT station and Jurong Lake. The project rode on the development of the Jurong Regional Centre, which was designated as a lakeside business and leisure destination. The average price for 700 to 900 sq ft units at the project rose from $814 psf in 2010 to $1,118 psf in 2015.
Separately, the top 10 projects for homes ranging between 900 and 1,100 sq ft were Atrium Residences (35%), Double Bay Residences (35%), The Wharf Residence (34%), Signature Park (33%), Trevista (30%), Parc Vista (29%), Hillington Green (29%), Regentville (29%), Simsville (28%) and The Centris (27%) (see Table 2). Again, eight of them were located near the city centre or regional centres.
Atrium Residences is located on Geylang Road in the city fringe and Double Bay Residences near the Simei MRT station and Tampines Regional Centre.
http://www.theedgeproperty.com.sg/content/five-years-best-projects-capital-appreciation
Five years on: Best projects by capital appreciation
By Esther Hoon, Tan Chee Yuen / The Edge Property | January 8, 2016 10:00 AM MYT
Tags: Non-landedcapital appreciation
Here is more evidence why properties located in the city fringe or near regional centres may be investors’ best bets, at least in terms of capital appreciation. In this study, we identified 10 projects with the highest capital appreciation between 2010 and 2015. Most of them were either in the central region or near regional centres.
Another attribute driving price appreciation is first-mover advantage, which is related to timing. The study compared the average transacted price of private non-landed projects between 2010 and 2015 by size and those with at least three transactions.
Top-performing projects
For homes ranging from 700 to 900 sq ft, the top 10 projects in terms of price appreciation were Caspian (37%), Hougang Green (31%), The Gardens at Bishan (30%), Kemaman Point (29%), Tanglin Regency (27%), Waterbank at Dakota (25%), Regent Park (23%), NV Residences (22%), Waterview (21%) and City Square Residences (21%) (see Table 1). Of these, eight were located near the city centre or regional centres.
The top-performing project, Caspian, is a condominium near the Lakeside MRT station and Jurong Lake. The project rode on the development of the Jurong Regional Centre, which was designated as a lakeside business and leisure destination. The average price for 700 to 900 sq ft units at the project rose from $814 psf in 2010 to $1,118 psf in 2015.
Separately, the top 10 projects for homes ranging between 900 and 1,100 sq ft were Atrium Residences (35%), Double Bay Residences (35%), The Wharf Residence (34%), Signature Park (33%), Trevista (30%), Parc Vista (29%), Hillington Green (29%), Regentville (29%), Simsville (28%) and The Centris (27%) (see Table 2). Again, eight of them were located near the city centre or regional centres.
Atrium Residences is located on Geylang Road in the city fringe and Double Bay Residences near the Simei MRT station and Tampines Regional Centre.
http://www.theedgeproperty.com.sg/content/five-years-best-projects-capital-appreciation