13 Nov '17, 3pm

Premium on properties along the train lines

Premium on properties along the train lines

While those who live near the train tracks have to contend with the construction noise and dust for a few years, there are benefits that come perhaps a little later. Buyers of HDB flats will know that the valuation of their property will include the distance between the flat and the nearest MRT station. That will be computed into the final valuation price. Recent studies have found that the average housing resale prices are inversely proportionate to the distance to MRT stations. The same studies reflected a 2.2% positive price difference in resale HDB flats near the East-West and North-East lines.

Full article: https://www.iproperty.com.sg/news/premium-on-properties-a...

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