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07-01-2014, 10:10 AM
Hillford's 60-year lease may pose financing hurdle - Mindy Tan
But project may be seen as affordable way to buy into Bukit Timah address
Key pull factors for the project include its attractive quantum and location.
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1Bedroom fr $388k
2Bedroom fr $498k
2Bedroom DualKey fr $698k
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Lots of room for improvement at The Hillford - ST Radha Basu
(extract)
As a journalist covering agreeing issues, I have visited more than a dozen retirement communities in Europe and the United States and spoken to those who run similar development in Australia.
Although The Hillford at Jalan Jurong Kechi bills itself as "Singapore first retirement resort", it has no age restrictions on ownership or occupancy, unlike the majority if such developments in Europe, Australia and the United States.
Young buyers, some of whom have been priced out of the condo market after curbs on shoe box units, may find the price attractive and buy a unit, given its rental and investment potential and proximity to good schools.
Indeed, potential buyers in their late 30s with young children in tow have appeared on national tv extolling the virtues of having good schools nearby.
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sold...
thank you
A Life not Reflected is a Life not Worth Living.