Strata strategy – Landed homes with benefit

Though owning your own piece of land may seem the ultimate goal in terms of local property, but the maintenance fees, property taxes and other extras it comes with are often mentioned and considered much lesser than they should be.

Eight Riversuites condominium in Whampoa East.

Eight Riversuites condominium in Whampoa East.

And it is this market gap which cluster housing and strata-landed homes fill so well. These landed properties, though mostly leasehold, come with condominium facilities and amenities, not to mention the security of a gated community. In fact, so residents of me cluster housing developments even manage to foster long and meaningful relationships with one another.

Eight Riversuites is one of the latest additions to the sector and they have 19 three-storey terrace strata landed houses, each with their own roof terraces and bdedicated asement parking spaces. Some units even come with jacuzzis. Some other popular landed strata homes include those in Thomson Grand, Whitley Residences and Belgravia Villas

Strategically situated near Boon Keng MRT station in the Bendemeer and Whampoa districts, it is in a hip up-and-coming city-fringe area and is but just 3 MRT stops away from the town centre. There are a number of schools in its vinicity and value of properties around it have risen over the past few years. As MRT stations reach completion, values of properties in their vicinity will no doubt increase as well. Prices of units currently start at $850psf. 

 

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