How The Recent Property Measures Will Affect The Sales of Bukit Batok EC
Bukit Batok is a mature estate with many established schools and is an attractive option for buyers who wish to stay for a longer period of time. Moreover, being close to schools saves parents time that they can spend on more productive activities. Also, parents will not have to face traffic jams every day to send their children to school.
With limited private land supply in Bukit Batok, it is not surprising that the market for EC properties in Bukit Batok is highly competitive. The last private housing project to launch in the area was Le Quest, which launched in August 2017. While the development site may have a small number of units, analysts believe that this project will attract HDB upgraders. As such, the price range for the site is from $580 to $630 per square foot.
While the recent property cooling measures have been introduced to curb property …