If you didn’t already know, only 5 per cent of Singaporeans live in a landed home. Hence, it’s almost everyone’s dream, and ambition to live in a landed home. I’ve covered a fair few in my cheapest freehold landed estate series so far, and Sembawang Hills Estate is no different. As it is just a stone’s throw – about 10-15.
In today’s short attention span world with many different things vying for your attention, those who want to stand out have to resort to certain “tactics”. So if a property ad wants to get the attention of property hunters such as myself, the words “fire sale” or “undervalued” should do the trick. (Unfortunately, they’re seldom warranted as they tend to.
Last week, I listed out seven areas in which you can find waterfront HDBs (as well as tips for people looking to live by the water). As you can probably tell by my property hunt journey so far, I’m the type that likes to leave no stone unturned in my search. So this week, I’m returning to three of these.
Landed properties show the biggest divergence, when it comes to freehold versus leasehold. Indeed, some buyers will tell you a 99-year lease defeats the entire purpose of buying a landed home, as houses are often intended as multi-generational assets. Despite the demand, however, not all freehold landed properties are $10 million, super-luxury houses. In the pandemic world, there definitely has.