Originally Posted by
jlrx
Seletar Hills is further north and the houses have larger land (average 3,000+ sq ft) hence the psf is lower.
Currently the land psf for Seletar old houses is around $550 psf while the newly built is around $900 psf.
Serangoon Gardens land psf is now $650+ psf while the new ones average $1,100 psf, but these are normally 2,500 sq ft land (smaller than Seletar).
You can lower the cost to below $1,000 psf if you buy an old landed and then rebuild it yourself, but you have to factor in your own time and effort. Alternatively, you can become a "developer" and then sell for around $200k profit depending on market condition.