The homes selling prices within the city state register a decline as a result of scarcity of prospective buyers presently available in the market. In spite of this, several experts pointed that this does not necessarily suggest that the Westwood Residences property industry is not an ideal place to invest in because quite a few presume that the prices of the properties definitely will pick up over the long run.
Westwood Residences New Executive Condo Launch
From the secondary market, although a few units are already priced lower, you’ll find sellers expecting to hold off till industry conditions are more constructive. However, interest in new properties is expected to be much better as developers have more ways to market projects smartly and creatively to draw real estate investors in Westwood Residences.
Because of the tenure of the land, freehold homes are likely to be more appealing to customers in the open resale market Westwood Residences at Westwood Avenue as in comparison to leasehold residences. However, the comparatively higher asking purchase prices of these freehold properties could certainly have resulted in an increase in the quantity being placed for auction in recent quarters.
Westwood Avenue EC by Koh Brothers – Showflat
Many highlight the need for prudent financing positions as interest rate could rise which might affect mortgage payments for their dream homes. It highlighted the authorities’ reluctance to unwind the home and property cooling measures especially the Total Debt to Service ratio (TDSR) during this period, interested investors have continued to adopt a laid back method and cheaper properties offshore as some of the explanations maintaining buying attention down. More changes will be announced soon at the discretion of the authorities.
An integrated bus interchange, local community police post and other community services would be established in close proximity. Other facilities such as church buildings and medical and health care amenities may also be structured for the estate. One of these is the coming Bidadari town based right next to Bartley MRT Station.
Koh Brothers New Executive Condo
The particular town will be structured as a tranquil and peaceful way of life to accommodate the town’s history & options to include patches of greenery and multitude of Westwood Residences public transport will be planned in the hdb estate. It should be due for launch soon.
Bidadari estate shall be pedestrian and cyclist welcoming, with seamless connections among transport transfer, the neighbourhood playground and shopping malls. To maintain the needs of brand new along with present residents at Bidadari town, Bidadari estate will possess a variety of conveniences including a new shopping centre adjacent to Woodleigh MRT train station for Westwood Residences.