District 16
There are 78 condos in District 16 of which, 43 were freehold projects. In the last 36 months, a total of 2338 private property transactions were completed. District 16 commands relatively stable prices, making it a favorite among property seekers. New launch condominiums average around S$1,464 per square foot, while resale flats average S$1,057 per square foot. The area has seen growing demand from young professionals and families seeking an established yet evolving neighborhood. Recent developments in District 16, such as the Tanah Merah MRT transformation and projects like eCO by Far East Organization, are expected to boost connectivity and appeal. Additionally, revitalization plans aim to enhance the district's green spaces and amenities, further increasing its investment potential.
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.
Condos and ECs in District 16
Further analysis
District 16 in Singapore, comprising Bedok and Upper East Coast Road, is a highly coveted area in the property market. The district is known for its coastal living with stunning sea views and offers a mix of high-rise apartments and landed properties, catering to diverse preferences. It strikes a balance between city access via the MRT and peaceful enclaves away from the urban bustle.
Investment potentials
With its strategic location and strong rental demand, primarily investing in a property in District 16 can provide good returns on investment. In 2022, District 16 recorded the highest volume of condo and landed transactions, indicating a high level of market activity and interest from buyers and investors. The district continues to command fairly stable prices, making it a favorite with property seekers.
Additionally, recent developments and revitalization plans in the area, such as the Tanah Merah MRT transformation and projects like eCO by Far East Organization, are expected to enhance connectivity and appeal, further increasing its investment potential. The scarcity of land in Singapore makes landed properties in District 16, such as bungalows and terraced houses, a coveted investment due to their prime location and potential for good returns. Overall, District 16 offers a vibrant property market with various options for buyers and investors, making it worth considering for anyone looking to invest in properties in Singapore.
