Four‑room HDB resale flats near CRL Phase 2 stations are packed with untapped value, Money News

Good and Bad News Over the Past Few Weeks

Good News: Six New MRT Stops on the Cross Island Line!

Just when you thought you’d had enough of your humble commutes, the government announced that six new MRT stations will be added in Phase 2 of the Cross Island Line. If you’re a homeowner near any of those sites, you’re in for a bit of sunshine—literally, the line is set to bring a breeze of prosperity to your neighbourhood.

Bad News: Cooling Measures Hit HDB Buyers

On September 30, 2022, the so‑called “cooling measures” went into effect. What does that mean for you? If you’ve sold a private property recently, you’ll have to sit tight for 15 months before you’re eligible to purchase a resale HDB flat.

Picture trying to buy a new home and finding the doors lock for almost a year. It’s a real surprise—especially for those who thought they’d be the next “new homeowner”.

The Silver Lining for 55+ Buyers

If you’re 55 years or older, keep your eyes peeled: the cooling restriction is waived (but only for 4‑room and 3‑room options—no 5‑room or Executive flats).

Think about it—after having your kids move out, it might feel weird to stay in a huge loft. Downsize to a cozy flat that’s easier to manage, and you’re still eligible. The policy’s rationale? A smaller space to enjoy a quieter retirement, or to beat that dreaded ’empty nest’ blues.

Want a Spot Near a New Train Stop?

Why settle for any random location when the future Commute READY spots are within reach? We’ve scoured the market and found a handful of opportunities near the upcoming CRL Phase 2 stations. Below is a quick shortlist:

• Riverfront Residences: 2‑room block just a 5‑minute walk from the future station.
• Sunrise Towers: 3‑room flats with easy access to the new interchange.
• Lakeside Quarters: 4‑room units with cool views and rapid connectivity.

Remember, if you’re in the 55+ bracket, these moves are not only feasible but possibly the best fit for a peaceful retire‑ment JIT.

Wrap‑Up: Hitching a Ride with Optimism

Yes, the cooling measures added a knot of uncertainty to the housing puzzle—but the rollout of six new MRT stations (and a selection of promising neighbourhoods) sparks hope. Whether you’re heading home after a sale or looking for a quieter spot after your kids pack their bags, the chart of possibilities is getting brighter.

Maju MRT station (CR16)

Sunset Way Residence: A 1984 Classic Near the Future Maju Hub

Imagine living in a place built back in 1984, with a grand lease that’s still going strong for another 61 years. That’s the vibe of Clementi’s Sunset Way Residence. If you’re looking to get in on the ground floor of Singapore’s next big thing, this spot is practically jumping on the train to Maju Station.

Got a Vision? Let’s Put It In the Right Place

• Proximity to the Future: When the Maju station is finally up and running, the nearest exit will be a quick stroll away—just 200 metres from the intersection where Maju Drive meets Clementi Road.
• Leasing Lifetime: With 61 more years left on the lease, you’re looking at a living arrangement that’s both stable and built to last. Think of it like a vintage car—classic, reliable, and ready for any road trip.
• Kick‑Back Feature: The Sunset Way Residence is one of the closest options to the future station, which means fewer traffic hassles and more time to enjoy your coffee while you wait for the train.

Why This Means More Than Just a Checkmark on a Map

It’s not just about being near a station. It’s about feeling the rush of new life and opportunities right at your doorstep, while keeping the comfort of a home that’s stood the test of time. So, if you’re eyeing a spot that’s on the parcel of future excitement—and still feels like home—this might just be your ticket.

Ready to take the next step? Sunset Way Residence is basically the “wedding cake” of proximity: a perfect blend of old charm and new potential. No big fuss, just a little luxury to keep you smiling every day.

Let’s Subscribe to That Excitement! Stay Tuned for More News.

<img alt="" data-caption="The nearest blocks at Sunset Way Residence to Maju station are Blocks 117 and 118, which have 140 4-room units each. The adjacent blocks 115 and 116 have 98 executive flats each.
PHOTO: HDB Map Services” data-entity-type=”file” data-entity-uuid=”a763ee58-7d77-4190-a96f-d7ae5b4bb847″ src=”/sites/default/files/inline-images/hdbmap.jpg”/>

Keeping Calm While the New MRT Station Rides on the Horizon

Until the brand‑new station rises from its foundations, residents across the neighborhood find themselves resorting to the current Clementi MRT station. And friend, that’s not an instant hop into town – it takes about an eleven‑minute bus trip to get there. Imagine the daily commute with a bit of extra “travel therapy” in your routine.

What’s Around the Units at Sunset Way Residence?

• Views of the Classic Clementi Crescent – Some units sit just a whisker away from the picturesque landed houses of Clementi Crescent. Picture yourself sipping coffee while watching the pastoral charm unfold.
• Maju Forest Hues – “Greenery dreams” come true as you can skim over this expansive forest patch. It’s a natural splash of calm vibes gleam across your window.

URA Masterplan Snapshot – Reserve Site & Future Dreams

What’s that yellow on the map? It’s the Reserve Site, a slender strip of land hugging the north and west borders between the Clementi Neighbourhood Park and Sunset Way Residence. Good news: it’s reserved for future use, meaning the landscape might still stay untouched for a while.

The orange boxes on the map? Those are angled to the northwest and the far east side, steering clear from the landed housing at Clementi Crescent. Those corners are earmarked for future residential development under detailed planning – the kids of tomorrow may call this spot their new home.

Takeaway

While the future station is still a construction dream, residents can enjoy the surrounding scenery, plan a scenic bus ride, and dream about the changes that the URA plan promises. Time, a little patience, and a sense of adventure will help you navigate the project. Stay tuned and keep smiling through the wait!
<img alt="" data-caption="Maju camp occupies the dark green area (Special Use site), while the Singapore Institute of Management (SIM) occupies the educational institution area highlighted in light yellow.
PHOTO: URA” data-entity-type=”file” data-entity-uuid=”28302135-10f2-42d0-9d8c-df8441c20fcf” src=”/sites/default/files/inline-images/URAmap.jpg”/>

What’s Brewing Next in Your Future Neighborhood

Picture this: more high‑rise apartments, chic private condos, or even lovely landed houses rolling into town — basically a new stash of homes ready to welcome people.

But, and here’s the kicker…

The reality hinges on your forward‑looking game plan. As construction crews tick away around the soon‑to‑be Maju station, that leafy patch of trees is poised to transform into a buzzing community. It’s a stretch that starts at the Sunset Lane cafés and muscles its way up Clementi Road toward the lively SIM institution.

Quick Take‑away

• New buildings: flats, private condos, landed homes
• Location shift: from forest to a bustling neighborhood
• Current vibe at Sunset Way Residence: prices on the rise

Got your eyes on this? It’s more than just a real estate update — it’s the next chapter in where you might call home.

Clementi MRT station (CR17)

Happy Wheels at Clementi: A Real‑Estate Rollercoaster

Clementi MRT has been rocking the east‑west rails since 1988, and by 2032 we’re about to turn it into a full‑blown interchange with the Cross Island Line.
The real kicker isn’t just the train but the property frenzy that’s been rocking the area – long before Covid hit the scene.

Prices that’re Sky‑High

• Over the last decade, the average price per square foot (psf) for 4‑room HDB resale flats has jumped a staggering 29.83 %.
• In just the last two years, it’s still climbing, up by 13.90 %.

So if you’re dreaming of owning a slice of the Clementi buzz, now is the time to hop on, because these numbers are set to keep soaring. With the upcoming interchange, the area’s already a hot potato – picture this: city commuters, café vibes, and a blueprint of kicks on the real‑estate ladder. Happy investing (or just happy living)!

Crunching the Numbers: 4‑Room Resale Flats Near the New Cross Island Line

Current Reality:

With the average price per square foot hovering around $716, you’re looking at four‑room HDB resale flats in the region costing roughly $700,000 to $900,000. Will prices climb? Maybe. Will they drop? Who knows.

Where to Find Them:

• Five charming neighbourhoods cluster around the soon‑to‑open Cross Island Line underground station.
• Older 4‑room gems are tucked away in Clementi Avenue 3, Avenue 4 (incl. Clementi Meadows), and Avenue 5.

Age Matters:

Those older buildings, mostly sprouting in the late 1970s and early 1980s, still sport a lease term of about 54 to 64 years—a relic of the old‑school tape‑measure property countdown.

Future Lease Countdown:

Fast‑forward ten years, when the CRL17 station is all set, those delightful four‑room residences will have leases somewhere between 44 and 54 years. In short, the numbers shrink, but so do the chances of a late‑night maintenance rush.

Why Clementi Meadows Is The Hot Spot for 4‑Room Resales

Ever wondered why the four‑room units on blocks 315–320 at Clementi Avenue 4 sell faster than a fresh order at a popular café? The secret sauce is simple: they’re right next to a station, a mall, and a central hub—think of it as living in the heart of the action.

The Fresh Faces of the Market

• Clementi Ridges – just opened its resale doors about four years ago.
• Trivelis – a neat DBSS flat that’s gone live in the resale arena.
• Clementi Cascadia – a replacement SERS project that hit the market half a decade back.

How Prices Are Rolling Out

Take Clementi Cascadia: its four‑room units have been on a steady climb, appreciating roughly 10.13% since 2020. Why? Turns out the project sits inches from Clementi Mall, the interchange, and the MRT station—proximity makes a difference.

The Grand Slam Sale

The record‑breaking 4‑room resale in Cascadia was a 1,012‑sqft gem, nestled between the 25th and 27th floors. It flew off the market in July 2022 for an eye‑popping $965,000, which translates to about $953.56 per square foot.
Drop that in your calculations and you’ll feel the pulse of the market.

Bottom Line

So if you’re on the hunt for a four‑room that’s not only snug at the station but also enjoying a healthy price trajectory, Clementi Meadows should be your next stop. Trust us—those sale numbers tell the story, and the saga’s still unfolding!

Clementi Resale Prices: From Tiny Flat Sellers to Million‑Dollar Marvels

Ever wondered what’s going on with the 4‑room flats around Clementi? Grab a cup of kopi, and let’s dive into the numbers with a dash of humor.

Trivelis: The Quiet Little Market

• Price Growth: Since 2019, Trivelis has only seen a modest 1.08 % per‑square‑foot rise.
• Biggest Sale: Back in October 2019, the most expensive 4‑room took a jump to $898k (around $932/psf).
• Recent Highlight: March 2022 saw an 883‑sqft 4‑room quoted at $823k—still a neat deal if you’re after value.

Clementi Ridges: The Million‑Dollar Champion

• Price Growth: Same as Trivelis, a modest 1.01 % per‑square‑foot increase since 2019.
• Record‑Breaker: In January 2022, a 1,216‑sqft 4‑room sold for $1.06 million. Yep, that’s almost the whole budget of a luxury car!
• Smaller Size Wins: If you tweak the filter to 1,001‑sqft 4‑rooms, the most expensive is a Model‑A unit sold for $981k (≈ $980/psf) in September 2022—still way ahead of both Clementi Cascadia and Trivelis.

Old vs. New: What’s the Quick Take?

• Older 4‑rooms at Clementi average $517–$571 k (≈ $485–$560/psf) but have 54–64 years of lease left.
• Newer 4‑rooms (883/1,001 sqft) command $754–$934 k (≈ $849–$923/psf).

Why the Location Matters

Choosing a flat near Clementi station isn’t just about convenience—it’s also a marketing goldmine. These properties sit within a 1‑km radius of popular schools like Pei Tong Primary and Nan Hua Primary, so parents who love proximity are always hunting for a home. That kind of demand keeps resale prices humming.

Bottom line? If you want a trade‑off between status and curb appeal, aim for those newer 4‑rooms. If you’re chasing the $1 million club, remember that it’s not just about the square footage—location and timing play a starring role.

Jurong Lake District MRT station (CR19)

Double the MRT Magic: Jurong Lake District Gets Two Stations

Picture this: you’re living just a stone‑throw away from the Jurong Lake District (CR19) station, and suddenly you’re also sitting in the lap of the Jurong Town Hall (JE6) station! That’s right—two fresh rail wheels are rolling into the neighborhood, and Gautti’s already talking about a potential mega‑interchange. The two stops will be operational by 2028, a full four years ahead of the CR19 timetable. The suspense is real.

Why the Big Question: Interchange or Separate?

• Authorities believe there’s a chance the JE6 and CR19 stations could connect into one giant interchange—think of it as the superhero team-up of the MRT world.
• For residents, this means endless possibilities: shorter commutes, easier transfers, and a community that could buzz with activity in the foothills of Teban Gardens Food Centre and Pandan Gardens.
• But there’s a little twist—no current link to the larger Jurong East interchange.

Where Are the 4‑Room HDB Resale Flats?

In the JLD area, the nearest 4‑room flats sit in the Teban Gardens enclave. Checking the map (imagine it in your mind), most of them are a brief trek from both stations—but not exactly right beside the platform.

• The Alee Yew East (AYE) and a row of office buildings sit like a line of guardrails, forcing residents to either walk or hop on a bus along Penjuru Road to reach the station.
• Because of that, the HDB development Teban Place is about a 500‑metre stroll from the JLD station—think of it as a short jog.
• Among the 4‑room offerings, four neighborhoods stand out: West Coast Road (the heritage gem), Teban Place, Teban Vista, and Teban View.

A Glimpse Into Lease Longevity

• Both Teban Vista and Teban View are newer projects boasting a lease remaining of at least 70‑74 years once the stations open.
• West Coast Road, from our historical piece last year, carries its own charm and a rich backstory that ties the neighborhood together.

What This Means for Local Life

With two stations now steeping the community, life in the JLD area is set to become even more vibrant. Imagine students from Pandan Gardens head to school with less hassle, parents shouting less from their cars, and perhaps even a few more stalls gushing out whatever local flavours the area becomes famous for.

So, the next time you find yourself wandering near Penjuru Road, keep your eyes peeled for the whisper of trains and the hum of bustling streets. Your neighborhood might just be stepping into a new era—ready to ride rails on two tracks at once!

Home Prices on the Rise: What It Means for Buyers

In the past ten years, the average price per square foot (psf) for 4-room HDB resale flats in the neighborhood has ticked up by 24.90%.
Since the pandemic took off, the rise has accelerated to 21.77% over the last two years.

Current Market Snapshot

• Average psf in Teban Gardens: $487
• Average total price: $486 000

Record-Breaking Sales

• October 2019 – Model A (990 sqft) at Teban Vista: $645 000 ($652 psf)
• May 2022 – Similar unit at Teban View: $610 000 ($616 psf)

These figures show that if you’re looking for a 4-room resale, you’re in for a pricier ride, but the trend is steady. Stay tuned for the next big move in the market!

Summary of 4-room HDB Resale Transaction Records near the three CRL Phase 2 stations (most expensive and least expensive)

What the Numbers Say About Singapore’s 4‑Room HDB ResALES Prices

Ever wonder how the fate of a four‑room flat is decided in the Singapore market? Below you’ll find a quick‑look digest of the hefty and the surprisingly cheap stakes that collectors are willing to pay for the “one‑room‑smaller” homes on three cross‑island commuter lines.

1⃣ The Pricey Side: Highest‑Paid 4‑Room Sales (Past 5 Years)

• Clementi Ridges, CR‑17 (2017) – Full on luxury! ₱1,060,000 for a 1,216 sq ft slab, riding a price tag of roughly ₱871.71 per square foot. A recent groove on 01/2022.
• Clementi Cascadia, CR‑17 (2018) – A different chapter, ₱965,000 commanded by a 1,012 sq ft offering, cost approximately ₱953.56/ft², closed slightly later on 07/2022.
• Other front‑line items keep the percentile low: Clementi Avenue 3 for ₱951,300 (5,936 sq ft) in 05/2022, Maju Sunset Way at ₱715,000 for 1,119 sq ft in 02/2014, and the Teban Vista/Dora View set trimming down to about ₱645,000 for 990 sq ft in 10/2019.
• Hidden gems appear too – Teban Place hit ₱500,000 for 969 sq ft on 09/2022, a testament that age and location can gently dampen the excitement.
• (All prices are in Singapore Dollars, drawn from URA, Realis, and 99.co datasets.)

2⃣ The Bottom‑Line: Cheapest 4‑Room Transactions (Past 5 Years)

• Listen up – the Teban Gardens project saw a sweet bargain. ₱320,000 on 03/2021 for a sizable 1,066 sq ft block, equating to a low ₱300 per ft². These are the hidden valleys in property valleys.
• Another cheap thrill came from Teban Vista where ₱320,000 paid in 11/2017 for a 936 sq ft plot landed at ₱341.88 per square foot.
• Across the city, Clementi Meadows offered up a 990 sq ft unit for ₱350,000 on 10/2021, costing about ₱353.54/ft².
• Even older condos flaunt surprisingly low prices: Clementi Avenue 5 fetched ₱365,000 in 09/2019 for 990 sq ft (≈ 368.69 /ft²), and Clementi Avenue 4 peaked at ₱400,000 in 11/2018 for a 980 sq ft block (≈ 408.16 /ft²).
• Oldie but goodie – Sunset Way Residence from 1984 only sold for ₱510,000 on 03/2021, capping out at about ₱438.52 per ft².
• And for a specialist seller: Trivelis from 2014 sold on 11/2021 for ₱512,000 on 861 sq ft, a price tag within its range: about ₱594.66 per ft².

Quick Take‑Away

• High‑end transactions lock in high per‑square‑foot prices, reflecting coveted locations and newer constructions.
• Low‑priced deals usually involve older style projects or units on respectable floors, but with rooms that don’t scream luxury.
• The “remaining lease” factor—how many years left on the property—can push or pull prices; newer leases bring perk‑boosts and older leases may undercut the market.

So that’s the “price spectrum” you’ll encounter on these Cross‑Island lines. Whether you’re a seasoned property sniffer or a first‑time buyer, no matter which side of the market you fall, knowledge is your best negotiator—just remember to keep an eye on your cash‑flow and that your foot‑print in the bundle of homes is worth the pounds you’re paying, or saving.

How the CRL Phase 1 announcements have impacted 4-room resale flats near their station locations

How Resale Flats Near the New Phase 1 Stations Are Shaking Up the Market

Ever wonder what happens to a 4‑room flat the moment a brand‑new metro line gets the all‑clear? Let’s dive into the numbers, sprinkle a bit of humor, and see where it all goes.

Quick Snapshot

• CRL Phase 1 stations announced: January 2019
• Expected finish line: 2030
• Prime spot studied: Sin Ming Garden, right next to Bright Hill station
• Price jump after announcement: 13.73 % (yes, that’s the magic 13)

Why the Numbers Matter

During the COVID boom, demand for resale properties shot up like a rocket—so many people were scrambling for solid homes. That surge definitely fed into the price rise.

But don’t forget the cooling measures rolled out to tame the market. These restrictions were in place after the rises, so the 13.73 % boost we’re talking about is essentially “pure demand” inflation, no cooling spice added.

Quick Takeaway

If you’re in the market for a resale flat or just eyeing future trends, remember:

• New stations push prices up—watch your budget!
• Covid‑related demand spikes still have a lingering effect.
• Cooling policies are the winds that might slow that climb.

So, sit back, breathe, and keep an eye on those Phase 1 stations. The market’s doing a funky dance—sometimes it’s a waltz, other times it’s a break‑dance, but it’s never dull.

Teck Ghee Vista: A Price Surge Worth Tapping Into

Short‑answer recap: Homes next to the brand‑new Teck Ghee CRL station are seeing over 16% bump in resale prices, and the volume of sales is already outpacing the older Sin Ming Garden. Sweet bite of good news for future investors.

What’s Happening?

When the government dropped the green light for the Phase 2 CRL extension, prices in the surrounding area reacted faster than anyone expected. The Teck Ghee Vista neighbourhood experienced a hefty 16.12 % increase in average six‑month resale prices for 4‑room units.

• The spike came right after the plan announcement—no surprise, the market quickly linked the development of public transport to better accessibility.
• Despite being a newer block, Teck Ghee Vista’s resale volume has eclipsed that of the older Sin Ming Garden during the same period.

Why Should You Care?

What gets this headline should you are markets that look at current trends and predict tomorrow’s bounce. The takeaway? Stakes are higher near Phase 2 stations. As more transit hubs sprout, expect either price surges or at least a steadier climb.

• Phase 2 stations are the new “hot spots” for buyer demand.
• Resale flats and condomos close to the stations are likely to benefit—think perks, commuting ease, fresh development.

Bottom Line

In the world of Singapore real‑estate, a 16% jump is nobody’s small‑talk. If you own a home or plan to buy around a Phase 2 station, keep your eyes peeled: the next period might just heat things up further.

Will Your 4‑Room Flat Beat the Market?

What the Figures Mean for Your Wallet

• Instant lift: Right after the announcement, most analysts see a modest 3 % price jump.
• Long‑term climb: By 2032, the forecast is a 5 % to 15 % increase—talk about a steady thrill ride, eh?
• Heads up: Those numbers were calculated without factoring in the recent cooling‑measure restrictions, so the real rise might feel a bit more like a gentle breeze than a hurricane.

Why a 4‑Room Resale Flat Might Still Be Your Gold Ticket

If you’re eligible to buy a four‑room resale, and if the cooling rules haven’t hit your plans, these flats could still be rock‑steady—give them a go and keep your fingers glued to their price tags. They’ll likely stand firm even if fussier policy tweaks pop up in the near future.

Hold Tight, Ten Years On

Picture this: You snag the flat, lock your keys, and then sit back while your neighborhood gets a brand‑new train line. Suddenly, the area becomes the go‑to spot for families, young professionals, and that one fellow who’s always looking for extra parking spots.

Who knew a little line of rails could boost both housing demand and latent rent‑earning potential? The future could look brighter—so keep your eyes peeled and your mindset open.

Original Source

This story first rolled out on 99.co and touches on the HDB property market and URA (Urban Redevelopment Authority) for your curiosity.