3 Answers

Dear sir/mdm,

Price trend of properties depends on more than just the master plan developments, but also subject to a host of other economic factors for projection. Even so, the growth will not be homogenous, meaning the whole of Jurong will not grow in tandem or fall in tandem. HDB prices should be relatively stable in my opinion, and if you are looking at 324 Tah Ching Road, this is not exactly the newest cluster of HDB in the west region but definitely not the older ones, which should generate decent demand whether for resale or rental, since the industrial area is not far away therefore the pool of prospective buyers and tenants could come from this location.

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I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, I believe you are referring to the HDB market and basically there are quite a handful of older flats at Tah Ching area. As you may have heard that economists are predicting or stating that next year the economy is facing a downward trend and likewise for the HDB market, it would likely fare lower for the next few years than compared to present.

Aaron Chong
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aaronchong2774@yahoo.com.sg Read More

1) The building of Jurong Innovation District which focuses on advanced manufacturing, supporting an ecosystem of manufacturers, technology providers, researchers, and educational institutions should be a real push to the demand for housing.
You may read more here: https://estates.jtc.gov.sg/jid

2) When there is demand and lack of supply in this area, it is foreseeable that the price will be inching upwards.
3) However the govt opinion on property market price growth is always cannot go beyond the GDP growth. Therefore you can't expect to see a huge jump in growth.
4) The govt will manipulate the supply here or policy to ensure the growth would be inching up than a surge.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK

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