Property How Much © 2023
There are 216 condos in District 11 of which, 194 were freehold projects. In the last 36 months, a total of 1694 private property transactions were completed. According to Square Foot Research Singapore, District 11 properties are ranked by capital gain, rental yield, prices, and volume. This reflects the district's strong performance in the property market, particularly in terms of potential returns and property value appreciation. In addition, there are 409 landed properties for sale in District 11, offering a diverse range of options for property buyers. This includes a variety of landed houses, providing opportunities for those seeking spacious and exclusive residential properties.
Browsing by districts is very useful for understanding price trends but can sometimes be disorientating as some condos maybe in different districts despite being a street apart. This is often because of the way the districts are subdivided in the past. If you're having trouble orientating, you might want to browse by MRT stations instead.
District 11 in Singapore, which includes areas such as Watten Estate, Novena, and Thomson, is a sought-after residential district known for its upscale properties and convenient location. The district offers a mix of private residential properties, including condominiums, landed houses, and apartments. It is also home to various amenities such as shopping malls, medical facilities, and prestigious schools, making it an attractive area for both residents and property investors.
Compared to other districts, District 11's prime location and upscale residential offerings have positioned it as a favorable investment destination. Its proximity to amenities, medical facilities such as Novena Medical Center and Mount Elizabeth Novena Hospital, prestigious schools such as Anglo-Chinese School (Barker Road) and St. Joseph's Institution Junior further enhance its appeal to property investors.
District 11's prime location is a key factor in its investment appeal. It offers excellent connectivity, proximity to amenities such as healthcare institutions and schools, and a diverse range of dining and lifestyle options, making it highly desirable. Ongoing infrastructure projects like the Thomson-East Coast Line extension could further enhance its future value. Additionally, the district's potential for capital appreciation is supported by its limited supply and desirable location.
However, there are considerations for potential investors. The high entry costs, especially in areas like Novena, pose a barrier for first-time buyers or budget-conscious investors. The district is also susceptible to market volatility and competition from newer developments in other districts. Given the already high prices, future upside might be restricted compared to other areas with lower entry costs.
