River Valley property prices are some of the most robust and the area has enough going for it to be able to cope with any softening in the market, either due to the general economic environment or government-lead initiatives to keep a check on prices. The coming of the MRT will enable new developments to charge a premium, and also the existing condos will be able to maintain rental prices, if not increase them, even for the slightly older ones, due to their proximity to an MRT line.
Artist’s impression of RV Altitude
Can you afford a property in River Valley? Check your affordability now. Alternately, refer to our handy buying guides.
The figures for District 9 rental prices shows a slight softening over the period, but we would expect those figures to start to climb as a result of both the MRT, and also the launch of high-profile developments.
Source: URA Realis, PropertyGuru
District 9 sale prices have shown a steady increase over the last two years, which will help to drive the rental prices up. These too will be bolstered of course by the factors described above.
Source: URA Realis, PropertyGuru
