The area around Changi has potential for capital appreciation, especially with ongoing developments and infrastructure improvements. Changi is known for its proximity to Changi Airport, Changi Business Park, and the upcoming Changi East development, which includes the new Terminal 5 and Changi East Industrial Zone¹. These projects are likely to boost the area's attractiveness and property values over time.
As for **Melville Park**, it is a well-established condominium located in Simei, which is part of the Changi region. Melville Park offers a range of facilities and has seen steady transaction volumes². Historically, properties in this area have shown moderate capital appreciation. The development's proximity to Changi Business Park, good connectivity via the East-West MRT line, and nearby amenities like Eastpoint Mall add to its appeal².
However, it's important to consider market conditions, the specific unit's condition, and future developments in the area when evaluating potential capital appreciation. Consulting with a real estate expert or financial advisor can provide more personalized insights based on your investment goals.
Are you considering any other properties or areas for investment?
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*** Here are some exciting condominium launches in Singapore scheduled between June and December 2024:
Sora - Located at Yuan Ching Road in District 22, this 99-year leasehold development is set to preview in June 2024. Sora offers a mix of modern amenities and scenic views near Jurong Lake.
Kassia - A freehold development in District 17 at Flora Drive, set to launch in July 2024. Kassia is designed for those who appreciate luxury living in a serene environment.
8@BT - This 99-year leasehold property at Bukit Timah (District 21) is expected to launch in September 2024. It caters to families looking for prestigious schools and nature reserves nearby.
Newport Residences - A highly anticipated freehold development in District 2 at Anson Road, launching in Q4 2024. It combines luxury living with proximity to the Central Business District.
Skywaters Residences - Situated at Shenton Way (District 1), this 99-year leasehold project is ideal for those seeking a prime location near Marina Bay and the financial district, with a launch expected in late 2024.
Launching in Q3 2024 - The Chuan Park
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