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Telok Blangah is an ideal place for those who want to reside in a peaceful area that’s not too far from Singapore’s urban landscape. Not only does it have amazing views of both lush greenery and the sea, but it’s also a place steeped in history. This is exactly why Terry and Rachel (@cookingpotbay not their real name for privacy reasons).
If you want to live close to the city centre, look out for the Bukit Merah BTO. In the August 2022 HDB BTO launch, HDB will be offering two projects in this mature estate. HDB hasn't released the price range yet. So for now, you can refer to SRX's estimations based on nearby resale transactions and launch prices from recent.
Project: Telok Blangah Ridgeview HDB Town Bukit Merah Address: 70A-C Telok Blangah Heights Lease start date: May 2017 Number of units: 492
Telok Blangah Ridgeview was launched in 2012 together with Depot Heights with Ridgeview having the better accessibility over Depot Heights due to its shorter distance to an MRT Telok Blangah Hill Station along the Circle Line. But the excitement is also due to the fact that there.
Telok Blangah Towers (Bukit Merah)
For this comparison, we’re aware that different developments could’ve launched at different times and so their profitability gets skewed e.g. a BTO launched at 2007 pricing and was sold in 2016 would’ve see huge profits given the stellar rise in property prices between 2007-13.
To mitigate this, we’ve compared the prime with non-prime developments that were launched shortly before, during or after the prime BTO launch.
In addition, we considered only resale transactions within 24 months of the very 1st transaction for the HDB. In other words – how much money do owners make on average if they sell within the 1st 2 years of their MOP?