New Market Road is located at the Central Area which was one of the earliest settlements of Singapore. It has a rich heritage and cultural aspect as well as many commercial areas which have been dedicated to improving their trade tactics for decades. The areas surround the marina bay hence has access to many beautiful sceneries as well as coastal offerings like fresh seafood as well as tourist and trade opportunities. There are several planning areas that have surrounded the area hence there is a constant development process going on due to a healthy competition between residential areas that inadvertently profits the buyers. The vast array of facilities and amenities present make it a profitable place for property investors.
New Market Road has HDB style units that consist of 1 block. It was built in the year 1983 and has undergone several renovations over the years. The postal code for the area is 50032. There is a total of 127 units in this block and the room types consist of 2 bedrooms, 3 bedrooms, 4 bedrooms layouts. The 2 bedrooms HDB units have a size of 46-63 sqm, the 3 bedrooms HDB units have a size of 60-66 sqm and the 4 bedrooms HDB units have a size of 92 sqm. The property prize stats at approximately S$500, 00 for selling purposes. And with the growing residential areas nearby the prizes have a possibility of hiking even further.
Transportation in New Market Road is easier due to the presence of several major roadways that connect the property area to the rest of the nation. For private vehicle owners the travelling experience is much more hassle free due to the presence of efficient highways and freeways so there will be less traffic. There are several MRT stations for people who need to commute to their workplaces or any place of business daily. MRT’s are cheap and very efficient in that regard. The nearest train stations are Chinatown MRT station, Clarke Quay MRT station and City Hall MRT station. There are several bus services available near the area.
There are several primary and secondary schools in nearby that are either a few minutes drive from the property or can be reached by walking too. The institutions are well reputed and have been imparting education for years hence are immensely trustworthy organizations. Some of the schools located in the neighborhood are-
For residents who need to pursue higher education can find a variety of courses in the nearby university like National University of Singapore (NUS) that has been a pioneer of high standard education for many decades.
There are several places for entertainment in the area. Some of the biggest shopping malls are located just a few kilometers away from the property that can be reached easily with the help of public transportation too. some of the places are-
Community centres are essential for maintaining community relationships. So the builders have developed many such places in its locality. There is already a huge state of the art community library located in the area including an Islamic Hub at Braddell that will include the MUIS headquarters and a mosque. The Queensway Firestation is also located along with 1st SCDF Division HQ and Neighbourhood Police Centre (NPC). At the Civic, Cultural and Retail Complex (CCRC) at one-north there is also a five thousand seat performance auditorium.
There will be soon a transformation of major sporting facility around the Kallang Basin in the central district. This future sports hub will soon be hosting many major entertainment and sporting events. This area will soon accommodate sports library and museum, Sports Science and Sports Medicine Centre. It also has planning to hold several commercial facilities as well as the Singapore Indoor Stadium, a Multi-Purpose Indoor Arena, an Aquatic & Water Leisure Centre that can accommodate 6,000 people and a new National Stadium capable of accommodating over 55,000 peoples.Read More