What to know about Landed Homes in Upper Thomson?
It is everyone dream to own or stay in a landed property. At least, it is my dream. The cost of landed property has indeed risen drasticallyin last year and it still remains a pipe dream for many people who still cannot be achieved.
Having said that, one of the hidden gems in the landed property scene is the Upper Thomson Area.
Looking at the trend line of the landed houses in the Sembawang Hills Estate with respect to the number of units sold from left of the chart in 1996 at $350 psf to right of the chart in 2021 to around $1750 psf.
Hence it can be said that Landed properties are considered as the gem of all properties in Singapore can be considered as a sort of a goldmine. Will the price of the landed property continue to rise? No one can predict. However, given the economic fundamentals of the Country in 2021, one can surety and safely say that the prices of landed property will increase over a period of time.
If you love data, the chart below provides a glimpse of the price trend of landed property. Of course, no can predict the future of price but one can place a few calculated risk as can it shown from the rising trend line.
