Singapore Property | Despite the cooling measures imposed by the Singaporean government for its housing sectors, it looks like this year of 2019 has not felt the said measure. Instead, developers have launched and are expected to launch more projects that will give a total of nearly 55 projects before this year ends. This made the year 2019 the busiest year both for developers and buyers alike.
One of the busiest locations for new and upcoming launches is within the 500-meter radius of North-South Line (NSL) MRT Station. This is due to the fact that buyers always think of convenience as one of the main factors in acquiring a household property. Besides, this location does not only give convenience but as well an abundance of basic facilities and shopping centers and recreation hubs. Some of the best-featured places within NSL vicinity are museums like the National Museum of Singapore, Peranakan Museum and Capitol Theatre while shopping malls are everywhere along Orchard Road.
More on New Residential Condo to Launch near North South Line (NSL)
Being near the educational institutions like St. Joseph’s Institution and ACS Primary is also one of the factors buyers may choose to find a place to nest on this locality. Nearest to these institutions is the 35 Gilstead of Tee Land located in Gilstead Road, District 11 which will cater to a total of 70 units.
One other new launch to check out within the area is the Former Chancery Court at Chancery Lane, District 11 which will be redeveloped into a 5-storey residential development. There will be a place to a maximum of 481 units. Some other launches to look forward are The Atelier in Makeway Avenue at District 9, which is developed by Bukit Sembawang. The Fyve Derbyshire of RH Developments Two located at Derbyshire Road in District 11. Both are freehold residential development within the prime districts near NSL.