The figures for District 10 sales and District 10 rental make for very encouraging reading for investors and home buyers alike. Prices have kept very stable over the last eight or so quarters, with a very healthy start to 2019. Those figures for Q1 should be looked at with a modicum of caution, as they reflect new launches, but they do indicate the state of the market in this area, and prices are generally increasing. Also, when an MRT station is announced for a new area, property prices in the area tend to show a sharp increase, before dropping to former levels or just above. Then when the MRT actually opens, the prices rise once again, so we can fully expect this to happen with Tanglin property prices and Tanglin sale/rental prices with the opening of the Napier station.
Source: URA Realis, PropertyGuru
Source: URA Realis, PropertyGuru
Can you afford a property in Tanglin? Check your affordability now. Alternately, refer to our handy buying guides.
