There are a few key properties to watch in District 20. The Ang Mo Kio GLS site, for example, is expected to sell for up to $2Million, while the surrounding housing estate is predominantly residential. Regardless of the market price, this area is a prime residential location, with shopping malls and restaurants a short walk away. Here are a few other properties to watch in District 20:
Ang Mo Kio GLS site will be priced at $2Million
In the Central Area, the Ang Mo Kio GLS site will cost a whopping $2Million. As the only remaining GLS site in Ang Mo Kio, developers are looking forward to the opportunity to build high-end residences on the site. This property is situated at the former Shunfu Ville. Those who are interested should be prepared for a hot battle.
Prices are set to be inflated in the first few years. According to estimates, the Ang Mo Kio GLS site will be priced at $20XX per square foot. However, a 1,000-sq-ft unit will cost $2Million. This is expected to help support the rise in prices of the existing supply in the District. However, buyers should keep in mind that the GLS prices are based on the resale values of the site.
Ang Mo Kio GLS site is primarily residential
Located on the outskirts of the landed housing estate, the Ang Mo Kio GLS site is likely to become a new condo development. The site can yield between eight to fifteen-storey apartment blocks. It also has an upper limit of retail space of 1,500 square metres and a minimum of 500 square meters of children’s centre. The site is surrounded by basic amenities, such as schools of various stages, parks, and reservoirs. A new MRT station is planned to serve the future residents of the site.
Those interested in buying a condo should consider looking beyond the long-term named developments. They should also consider the plots of land that may be more suitable for their home or place of work. For example, the Ang Mo Kio Avenue 1 development is expected to create 370 private homes. Besides generating revenue, the development will also provide an excellent place for people to work. While the area is considered a prime location for residential development, the availability of land plots is a major factor in deciding on a condominium.
Ang Mo Kio is a housing estate
If you’ve been looking for a new home in Singapore, the property market seems to be “Primed for Growth” at the moment. While the information coming out of the country’s property market is overly enthusiastic, District 20 properties are looking good! This neighbourhood is home to Ang Mo Kio Hub, Thomson, and Ang Mo Kio Ave. 1 and 2, as well as many condominium buildings.
The Amo Residences Ang Mo Kio Avenue 1 is a new residential development in District 20 near Ang Mo-Kio Hub. The project is located near Junction 8 and the future Mayflower MRT station. This condo development is also located near the prestigious CHIJ St. Nicholas Girls’ School and is within easy access of public transportation. It is within 15 minutes’ drive of the CBD.
Ang Mo Kio is a shopping destination
The District 20 property market in Singapore has a great future ahead of it. Developers in the area are looking to make the changeover from HDB units to private properties. This is especially true for properties in Jadescape, a former Shunfu Ville. This district is one of the most sought after in the city. As a result, the prices are on the rise in this prime area.
Ang Mo Kio, literally “red bridge,” refers to the river bridge in the vicinity. In Chinese culture, red bridges indicate prosperity and good luck. Ang Mo Kio was named after the famous bridge built by J.T. Thomson, a government surveyor. Originally, the area was a humble village where residents grew vegetables and fruits, tended farm animals, and performed menial labour. Today, the area is home to numerous HDB flats and high-rise apartment buildings.
Ang Mo Kio is a nature-friendly neighbourhood
Ang Mo Kio is a neighbourhood in Singapore that is both green and densely-packed. The neighbourhood’s name, Ang Mo Kio, comes from the “red-haired man’s bridge.” It was once a secondary forest, and was once covered with rubber plantations, but has since been transformed into a densely-packed heartland. Ang Mo Kio is home to the Ang Mo Kio Hub, which serves as the neighbourhood’s nerve centre. Ang Mo Kio has several parks for residents to choose from, including Bishan-Ang Mo Kio Park, Ang Mo Kio Town Garden, and the Bishan-Ang-Kio Park.
Ang Mo Kio was largely uninhabited until the rubber boom brought cultivation to this Chinese district. During the 19th century, the area was largely uninhabited, but the boom in the rubber price forced many people to find jobs in other industries. After World War II, even more people moved to the area, and Ang Mo Kio was developed into an estate. Today, many plots have been sold to private developers. Several private residential projects are being built on these cleared plots.