New Launch Condo in West
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Hillview Rise
D23 Hillview Rise
Units
535
Tenure
99 Years
TOP
2027
Owning a Condo in the West of Singapore
The West Region of Singapore is a popular location for new launch condos due to its strategic location and proximity to various amenities. The region consists of planning areas such as Bukit Batok, Bukit Panjang, Choa Chu Kang, Clementi, Jurong East, Jurong West, Tengah, Boon Lay, Pioneer, and Tuas.
The West Region of Singapore is the largest industrial development in the country since independence. It is home to various industries, including manufacturing, logistics, and engineering. The region is also known for its green spaces, including parks and nature reserves.
New launch condos in the West Region of Singapore offer residents easy access to various amenities, including shopping malls, schools, hospitals, and public transportation. The region is well-connected to other parts of the island, making it an ideal location for those who work in the CBD or other parts of Singapore.
Capital Appreciation
One of the main advantages of owning a new condo in the West is the potential for capital appreciation. The West region has seen significant development in recent years, with new infrastructure projects and amenities being built. This has led to an increase in demand for properties in the area, which in turn has driven up property prices.
Excellent Connectivity
Another benefit of owning a new condo in the West is the strong rental demand in the area. The West is home to many business parks, educational institutions, and healthcare facilities, which attract a steady stream of tenants. Additionally, the proximity to the Jurong Lake District, which is set to become Singapore’s second Central Business District, is expected to further boost rental demand in the area.
Limited Availability
Finally, owning a new condo in the West offers the advantage of limited availability. The West region is known for its low-density development, which means that there are fewer new launch condos available compared to other regions in Singapore. This exclusivity can drive up demand and prices for properties in the area.
Amenities in West
The West region of Singapore is a bustling area with plenty of amenities for residents to enjoy. From shopping malls to outdoor parks, there is something for everyone in this part of the city.
Schools
The West is home to some of the most prestigious schools in Singapore, including NUS High School, Anglo-Chinese School (Independent), and the National University of Singapore. Additionally, there are several international schools in the area, such as the Canadian International School and the United World College of South East Asia.
Shopping Malls
The West has no shortage of shopping options, with several large malls in the area. These include Westgate, JEM, and IMM, which offer a wide range of stores, restaurants, and entertainment options. For those looking for more unique shopping experiences, there are also several smaller malls and markets in the area, such as the Clementi Mall and the PasarBella Farmers’ Market.
Outdoor Parks
The West is home to several beautiful parks and nature reserves, including the Bukit Timah Nature Reserve and the West Coast Park. These parks offer a variety of outdoor activities, such as hiking, cycling, and picnicking. Additionally, there are several sports facilities in the area, such as the Jurong East Sports Centre and the Clementi Sports Hall.
Price Trend for West Region Condos
New Launches
The West Region of Singapore has seen a steady increase in the number of new launch condos over the past few years. As of 2023, there are several new launch condos that are highly anticipated, such as the Parc Clematis and the Ki Residences. These condos are expected to have a starting price of around $1,000 to $1,200 per square foot (psf).
Resale Prices
The resale prices of condos in the West Region of Singapore have also been on the rise. According to data from the Urban Redevelopment Authority (URA), the average psf price for condos in the West Region was around $1,200 in 2022, up from $1,100 in 2021. This trend is expected to continue in the coming years, especially with the upcoming completion of several major infrastructure projects in the region, such as the Jurong Lake District and the High-Speed Rail.
Property Transactions
The West Region of Singapore has also seen a healthy number of property transactions in recent years. In 2022, there were around 3,000 condo transactions in the West Region, up from around 2,500 in 2021. The majority of these transactions were for condos in the Bukit Batok and Jurong West areas.
Overall, the West Region of Singapore is a promising area for condo buyers and investors, with a steady increase in new launches, resale prices, and property transactions. However, it’s important to note that prices can vary depending on factors such as location, amenities, and developer reputation. It’s always recommended to do thorough research and consult with a trusted real estate agent before making any investment decisions.
| Year | Average PSF Price |
|---|---|
| 2021 | $1,100 |
| 2022 | $1,200 |
- New launch condos in West Region expected to start at $1,000 to $1,200 psf
- Resale prices of condos in West Region on the rise, with average psf price around $1,200 in 2022
- Healthy number of property transactions in West Region, with around 3,000 condo transactions in 2022
- Prices can vary depending on location, amenities, and developer reputation. Thorough research and consultation with a trusted real estate agent is recommended before making any investment decisions.
