Value of Properties in the East Near Changi Airport
There are several factors that you should consider to maximize the value of your property. These factors include proximity to the MRT station, the number of terminals, and the amount of passengers. Read on for more information. In this article, we will go over the factors that increase property values near Changi Airport. You may also find it helpful to read our article on the benefits of purchasing a property near the airport.
Property prices are likely to go up when you’re near an MRT station. For example, properties within 0.5 km of a Thomson-East Coast MRT station will command a 15% premium over those in the neighbourhood. Closer to an MRT station, properties will increase in value even more, especially if they’re near an airport. If you’re not close to a MRT station, however, the proximity premium will decrease.
The effect of an MRT station on the value of …
