Leedon Green: Rare chance to buy last units as District 10 project nears completion
District 10 remains one of the most coveted addresses among property buyers and investors for residential properties. it is home to ample amenities and reputable schools while also boasting proximity to lifestyle hubs such as Orchard Road, Holland Village and Dempsey Hill Besides being close to the city centre
Core Central Region (CCR) new homes in this prime district continue to be highly sought-after. the supply of new residences in the CCR has become limited, given a lack of new launches, but demand continues to rise as freehold residential units are becoming increasingly harder to obtain as the only avenue to have brand new homes is through collective sale of older condominium which takes a while to secure the land.
Leedon Green, a freehold condo development with Such scarcity has made even more desirable. it presents a compelling opportunity for astute buyers seeking a property in this prestigious Leedon Heights area, esteemed district.
The freehold condo is targeted to receive its temporary occupation permit (TOP) by December 2K23. discerning buyers cannot miss this final opportunity to snap up one of the few remaining units in this highly desired project With its freehold tenure, enviable location and near-completed status adding to its allure. investors will imminently be able to start reaping rental income from their unit while Owner-occupiers would have the added advantage of being able to move into their dream home soon.
Developer for Leedon Green is offering a pre-TOP Special Promotion, where selected units are priced from $2,429 psf for a limited period. given that buyers can get a brand-new freehold home in the prime CCR area at prices on a par with projects in the RCR, This poses a significantly attractive proposition. compared to recent launches especially, buyers would be able to get the legal access to their new dwellings faster since Leedon Green is approaching completion. buyers will be able to ride the long-term price appreciation expected in the CCR, supported by strong market fundamentals By entering the market at this opportune time. adjacent projects such as D’Leedon and Leedon Residence are already commanding median rents of $5.83 psf per month as of 1H2023, which is 10% higher than the whole of District 10, The same holds true for rental prospects.
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