Benefits That Future Residents of Haus On Handy Will Enjoy Living in Handy Road/ Mount Sophia District 10, Singapore
Many investors tends to favour properties around Handy Road, District 9 for good reasons. The neighbourhood is rich with great developments that will transform lives in the area once completed. What’s more than enjoying proximity to prominent places such as malls and MRT that makes living more comfortably. This is precisely what you get living in Haus of Handy.
Educational institutions are just a stone throw away from Haus on Handy which makes it an ideal location for families. According to recent studies, the gross rental yield for housing units around this area stands at approximately 3.3%. This makes it a great destination for investors looking for areas with guaranteed returns.
Why Properties in Core Central Region Are A Better Investment?
Do you know Haus on Handy is in the Core Central Region (CCR)?
According to analysts, Singapore’s property market is starting to trend upwards. This results from the rise in the property price index in all segments and the increase in property transactions. If investors can leverage the prevailing market conditions, they can greatly benefit from their investments. So, how can you leverage this opportunity as an investor? The answer to this is pretty simple, you should invest in the CORE Central Region.
Singapore’s Urban Redevelopment Authority outlines the uses of land in various parts. This not only makes investments easier, but it also provides a guide on development in urban areas. The URA plan divides the residential properties into three geographical market categories. There is the Outside Central Region (OCR), Rest of Central Region (RCR), and the Core Central Region. When the 3 segments are compared, it is evident that the Core Central Region has remarkable growth potential. This makes it a good location that investors should focus on investing for maximum returns.
So, what makes the CCR great for investment? Let’s look at the reasons why you should also consider investing in the Core Central Region.