Leedon Green: Rare chance to buy last units as District 10 project nears completion
District 10 has always be one of the most highly sought after locale among residential property purchasers for own stay or rental investment. With diverse essential amenities and popular national schools, at the same time features a easy access to lifestyle hubs such as Orchard Road, Holland Village and Dempsey Hill Besides being close to the city centre.
new homes in this prime district Core Central Region (CCR) continue to be highly coveted by buyers. With the limited supply of private condos in the CCR, and given a lack of new launches, demand continues to pent up as freehold residential units are increasingly become harder to secure as collective sale of older condo is the only avenue to have brand new homes which take developer a while to secure the site.
Leedon Green, with Such scarcity in its freehold tenure has made it even more desirable. For astute buyers seeking a property in this prestigious Leedon Heights area and esteemed district , this is the very good opportunity to add on to their property portfolio.
discerning buyers cannot miss this final opportunity to snap up one of the few remaining freehold units in this highly desired project which will achieved its temporary occupation permit (TOP) by December 2K23. With its freehold tenure, strategic locale and near-completed status boosted its attractiveness. investors will undeniably start to receive passive rental income from their investment while Owner-occupiers would have an edge over other new launches to be able to move into their dream home within a shorter waiting period.
Leedon Green’s developer is currently running a developer discounts for a limited period, where selected units are priced from $2,429 psf. With the prices of freehold brand new condos in prime CCR area at prices on a par with projects in the RCR, This poses a significantly attractive proposition given that buyers can get a brand-new freehold home in this prime District. since Leedon Green is approaching completion soon, buyers would be able to get the legal access to their new dwellings faster. buyers will be able to ride the long-term price appreciation expected in the CCR, supported by strong market basic principals By seizing this opportunity to enter the market at this time. Other similar condos nearby such as D’Leedon and Leedon Residence are already asking median rents of $5.83 psf per month as of 1H2K23, which is 10% higher than the whole of District 10, The same holds true for rental prospects.
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