Freehold properties have always been a crowd favourite given that owners of such properties don’t ever have to worry about lease decay. It also presents homeowners the luxury of leaving behind a legacy to future generations.
Firstly, why are freehold properties good to go into right now? It is due to the price gap between a 99-year leasehold and freehold is very narrow. It goes to show that the freehold market has yet to go through a price adjustment, hence getting one now is the perfect time.
As we can see above, the price of a 99-year leasehold in the RCR ranges between $2,500 to $2,750.
And if you had the chance to get a FREEHOLD property in the RCR that starts from $2,600, would that not be considered a safe bet? Presenting The Arcady at Boon Keng, a new launch that is just mere 5 minutes away from the Boon Keng MRT station.
Lastly, if we were to take a look at the growth in terms of prices of freehold and leasehold properties in the RCR, we can see that freehold properties actually outperformed the leasehold ones.
USPs of The Arcady at Boon Keng:
- Freehold property in the RCR
- 1 to 4-bedroom
- 5 minutes to Boon Keng MRT station
- Efficient layout (no large a/c ledge & balcony)
- Great price point
- Hard to find freehold near MRT stations
- 1km to prestigious schools (St. Andrews, Hong Wen & Bendemeer Pri Sch)
