Singapore’s real estate properties are one of the most expensive ones in the world. Buying a condo or a house in Singapore can cost you a little fortune. However, sometimes there is no way around that. The only thing you can do is to make sure that you make the most of your money and get the best possible deal. Here are some of the areas where you can find affordable condos for sale in Singapore.
Novena and Newton
These two areas are pretty close to each, so it makes sense to place them together. Anyone searching for affordable condos in Singapore should first check the Property For Sale in Newton and Novena. The famous Orchard MRT is just five minutes’ drive from Newton and Novena. In these areas, there are two notable development projects – Sheraton Towers Hotel and Reignwood Hamilton Scotts. Novena is slowly turning into a medical hub and a prime destination for medical tourists. Mount Elisabeth Novena Hospital and Mount Elisabeth Novena Specialist Center are in the middle of this community. Both communities are family-centered. Saint Joseph’s Institution is a primary school that has produced many ministers and notable citizens of Singapore.
The area is developing with a strong pace as new residential and commercial buildings are being developed. The fact that CBD is just 10-minute drive from Paya Lebar makes it the more popular with investors and people searching for a place to settle in. Numerous companies have already opened their offices in the area. The government recently announced that it plans to close the Paya Lebar airbase and make space for new developments. The area offers some of the most affordable condos in entire Singapore.
Another neighboorhood where you can find affordable condos. Most of the people that live there are Malaysians that work in Singapore. Real estate prices are slowly increasing, but they are among the lowest ones in Singapore.
The area is already turning into something special. The plan to make it the second CBD is well on its way. The fact that the high-speed rail station will be placed in Jurong only goes in its favor. Real estate is growing, but that doesn’t mean there aren’t any affordable condos for sale. Quite the opposite, there are. But no one knows how long before they grow beyond what is considered affordable. Therefore, if you are interested, make your play before it’s too late.
Redhill, Queenstown, and Tiong Bahru
There is an impression that there is an oversupply of residential facilities in this area. That alone caused the decline of condos prices. Other than that the area is superbly connected to Singapore’s CBD and there are plenty of great supermarkets in its proximity.
Holland Road and
Thanks to the Downtown MRT line it is very easy to travel to the city center. The area is known for its proximity to some great schools such as the Singapore National University and Singapore Polytechnic School. Other than that it features some of the most excellent restaurants and night clubs in the city.