Early 30s Home Hunt: Bishan HDB and Condo Near Cat High – $300k Dilemma

Clover by the Park: Your Future Family Headquarters?

Picture this: a two‑story condo nestled in Bishan, with spacious living areas, plenty of natural light, and walking distance to your kids’ future Catholic High School. That’s the sweet spot Clover by the Park promises. But does it fit the calendar of your 12‑month‑old, an upcoming second child, and your retirement dream? Let’s unpack the facts, the feels, and the numbers.

Why Bishan is a Top‑Tier Pick

• Convenience: Everything you need – schools, bus stops, coffee shops – within a 5‑minute jog.
• Community vibe: Friendly neighbours, kids playing on the street, and plenty of green space.
• Property stability: Bishan has demonstrated steady capital appreciation over the last decade, key for a long‑term home.

What Clover by the Park Actually Offers

• Room count – 3 rooms + 2 living areas; more bedrooms than many HDBs at the same price point.
• Sunshine factor – Floor‑to‑ceiling windows that make room look bigger and less “canned” than a typical flat.
• Security & Services – 24‑hour concierge, high‑speed parking bays, and a clubhouse with a mini‑gym.
• Community fees – Fair and predictable (about $200–$250/month).

Pros & Cons in a Nutshell

• Pros:
  • More bedrooms for your growing family.
  • Closer to the school you’ve chosen, which cuts out the daily commute.
  • Modern amenities that make finishing touches and repair costs lower.
• Cons:
  • Higher upgrade costs compared to a straight‑away HDB sale.
  • Community fees add up – you’ll need to budget for that.
  • If you plan to retire in the 50s, you’ll see the resale market mellow a bit – no steamy £200k jump, but a decent return nonetheless.

Strategy: One Step vs Two Step?

• One‑step (HDB Condo):

  Sell your flat 4‑room, use the proceeds to purchase Clover directly. You’ll avoid renovation trouble and the timeframe to settle will be shorter. The main caveat is a bigger upfront cash requirement (the 20–30% down payment plus legal fees).

• Two‑step (HDB HDB Condo):

  First sell your current flat, buy another HDB (maybe a smaller unit closer to the school), settle there, then down‑size when your children finish secondary. This offers a smoother transition, but the second buy has occasional market dips and extra paperwork.

• Bottom line: If your budget can handle the initial deposit for Clover, the one‑step route keeps the timeline snappy and reduces the “double‑buy” mental load.

What If I Consider an Exec‑HDB?

• Executive HDBs (Bishan EA/EM) offer 2‑room or 3‑room units, but typically with fewer amenities and a lower resale stream. They can be cheaper upfront, and if you plan to pass the home to your kids, the child‑friendly flat can be an advantage.
• Resale trend – EA/EM units have less price momentum vs condos; you might face a 5–10% dip in capital gains before your kids finish secondary.
• Comfort level – Exec‑HDB kitchens and bathrooms can be cramped. Clover’s bigger rooms feel more spacious for a toddler to grow in.

Final Verdict: Twelve‑Month‑Old Ready for a Condo?

For a family that will be home to two kids over the next 17–18 years, Clover by the Park ticks the box on “room for growth” and “location convenience.” Its modern layout and solid construction give you a future you can confidently refer to as “this is our retirement home.” HDB alternatives can save a bit on the front‑end but come with hidden costs – renovations, smaller rooms, and a less robust resale cushion.

In short: If your cash cushion can cover a 25% down payment, go for the one‑step move to a Clover condo. It smooths the timeline, keeps the house feel modern, and gives you an edge when you look at possible resale in your 50s. The extra community fees will be a small price for the peace of mind you’ll enjoy watching your children run across those spacious floors.

Next Steps for Your Nest

1. Secure the condo loan pre‑approval (focus on a bank offering competitive interest for your combined annual income).
2. List your current flat to get the $700,000 offer in hand – you already have the deposit!
3. Rent one or two months at a nearby HDB to keep the family base while you search – that way you keep the local roots.
4. Book a viewing at Clover by the Park within the next 4–6 weeks. Bring your hubby and the kids – the parents who make the final call.
5. Check the resale history of similar units in Bishan – this will give you a market‑feel for future value.
6. Decide on the one‑step vs two‑step approach; if you’re comfortable with the down‑payment, one‑step is generally the fastest and easiest.

Good luck hunting the perfect place for your growing family! And remember, with careful planning, your retreat can be both a cheerful child‑friendly home now and a comfortable retirement haven later.

Affordability

How Can We Gauge Your Affordability?

Why Affordability Matters

Picture this: you—the financing hero—for whom every dollar matters. We’re going to break it down like a casual coffee chat, but with a dash of humor to keep things light.

Key Factors to Consider

• Income streams—steady paycheck? Freelance gigs? We’ll look at all the money flow.
• Ongoing expenses—rent, utilities, those random car repairs that drop in like a surprise pop‑song.
• Future plans—whether you’re dreaming of a new home, adding a fur‑baby, or chasing that travel bucket list.

Quick Affordability Check

Grab a calculator (or your phone). Write down your monthly income and your monthly expenses. Subtract the latter from the former. If the number is positive, you’re in the green. If it’s negative, it means we might need to rethink or tweak a few things.

Have no fear if the numbers seem a bit confusing at first—that’s entirely normal. Think of this as a conversation between friends; we’ll keep the tone informal, the language simple, and sprinkle in a touch of humor to make the math feel less intimidating. Together, we’ll turn those figures into a clear plan for you.

After selling

Crunching the Numbers: A Quick Look at the Home Sale Breakdown

Ever wonder what actually happens once you get your house sold notice? Let’s dive into the math and see where the money went. Spoiler: the house owner made a tidy profit, but the numbers spell out a clear story.

What Felt Like a Dream Sale?

• Sale price: $700,000 – the sweet spot that put the mortgage on a long vacation.
• Outstanding loan: $377,000 – the lingering debt that still ghosted the house.
• CPF refund: $272,000 – a welcome boost from the pension pot.
• Estimated cash proceeds: $51,000 – the final take‑away that will now fuel your next adventure.

Why Only $51,000?

Think about it: the house sold for $700k, but that’s not the entire story. The mortgage takes a hefty bite ($377k). The CPF refund is a boon, but it’s already fully accounted for in the total. What’s left is the precious puzzle piece that flips into your pocket – $51k.

Pro Tip: Wear Your Cash Out! 

If you’re a homeowner, keep these numbers handy. They remind you that selling your property may not bring back every cent you expect – but every dollar you do gain is a treasure for your future.

For buying a private property

Mortgage Affordability Breakdown

Let’s dive into the numbers that shape one of the biggest loan deals you’ve ever seen. Grab a coffee, and we’ll walk through each line together.

1. Biggest Loan Possible

• Max Loan (30‑Year) – $3,110,499 (based on a combined monthly income of $27,000 and ages 31 & 32)

2. Cash‑Ready Resources

• CPF Funds – $392,000
• Cash on Hand + Sales Proceeds – $351,000 ($300,000 cash + $51,000 from selling assets)

3. Down‑Payment & Affordability

• 25% Down‑Pay (CPF + Cash) – $743,000 (This is the sweet spot for your first purchase)
• Maximum Affordability (Based on the 25% Down‑Pay) – $2,972,000
• Bundled System Deposit (BSD – $103,480)

4. Who Put the Final Number?

• Estimated Affordability – $2,868,520

Quick side note: We’re working off an #annual income of $325,000 for these calculations.

Bottom line: With a hefty CPF stash, a decent cash cushion, and a trustworthy income, you’re looking at a potential home price near three million dollars. That’s the upper limit, but the number below, $2.87 million, is probably a more realistic sweet spot.

For buying an HDB

Your Home Financing Overview

Got a clear picture of how the numbers line up? We did a quick check using a $325,000 annual income to put everything straight: a combo of loan, CPF, and cash is the sweet spot you’re looking at.

Breakdown of the Cash Flow

• Maximum loan based on a combined monthly income of $27,000 from ages 31‑32: $1,534,565 (25‑year tenure)
• CPF funds available: $392,000
• Cash on hand (cash + sales proceeds): $351,000
• Total of loan + CPF + cash: $2,277,565
• BSD calculated on the total: $75,702
• Estimated affordability threshold: $2,201,863

What This Means for You

With those numbers, your affordability ceiling sits just shy of the maximum loan you can secure, giving you a comfortable buffer for any extra costs that might pop up.

Next Steps: Exploring Your Housing Options

Now that we’ve got your financial baseline nailed down, let’s dive into the different properties that could fit the bill. You brought up Clover by the Park first, so that’s our starting point.

Why Clover by the Park?

• A prime location with scenic views, right where you want the park vibes.
• Potential resale value on the rise—great for long‑term gains.
• Community feel that’s tight but friendly—think weekend market meet‑ups!

We’ll explore the pros, cons, and how the numbers you have stack up against this new welcome home.

Clover by the Park

Meet Clover by the Park

Imagine stepping into a 99‑year leasehold wonder that finished its grand debut in 2012—though the lease itself started way back in 2007. It’s the sort of place that feels like home without the mess of a 60‑year-old apartment building. With 616 units tucked into two 39‑story towers, it offers a little something for everyone.

What’s Inside?

• Residences range from cozy 3‑bedroom nests to sprawling 6‑bedroom palaces.
• Each block is a vertical slice of community: high‑rise living with skyline views and enough floor space to keep things coming in.
• Everything’s built for comfort, with modern finishes that make you forget you’re on a lease plan.

The Numbers That Matter

• Year of completion: 2012
• Lease start: 2007
• Units: 616
• Storeys per tower: 39
• Bedroom options: 3‑6

Why It’s Worth a Peek

Whether you’re hunting for a nearby park or simply craving a place that’s modern without the hassle of a mid‑century build, Clover by the Park offers a clean, comfortable, and decidedly city‑loving living experience.

Right on the Neighborhood!

Ever wondered how to snag a sweet spot that’s never too far from the action? This development is just a walk, a walk, and a walk away from the Bishan MRT station—with two lines running through it—and the buzzing Junction 8 food & retail hub. 15 minutes feels like a leisurely stroll, and you’ll be back for pizza before you know it.

Foodie’s Paradise

• Only two minutes to Bishan North Shopping Mall—an HDB cluster turned foodie street, complete with a lively wet market, a round‑the‑clock FairPrice, and a smorgasbord of eateries.
• All the gems from quick bites to full‑on feasts are within arm’s reach.

Outdoors and Views

For the green‑thumbed and adventure‑seeking, the Bishan–Ang Mo Kio Park is just a two‑minute walk away. If you’re lucky, you’ll find a stack with an unobstructed view of the park—perfect for spotting squirrels or practicing your yoga poses.

Why It Matters

Living here means you’re never far from:

• Public transit that whisks you everywhere in minutes.
• A retail and culinary playground just around the corner.
• Fresh air and green spaces that let you reset your day.

All of this wrapped up in a community that feels like home, but with that extra sparkle of convenience and charm.

Project’s Amazing Growth Journey

Since kicking off in 2008, this venture has skyrocketed, climbing an impressive 108.51% boost in value.

Key Highlights

• Launch year: 2008
• Growth: 108.51% appreciation
• Impact: Major success story

Leasehold Market is Dancing to a New Beat

The Singapore 99‑year leasehold scene is rolling with the market’s vibe. It’s like a choreographed dance that follows the beat of the overall pricing pulse.

Why the Gap Looks Bigger Now

When you compare the 99‑year projects in District 20 to the wider market, it appears there’s a widening gap. But before you panic, let’s break it down.

The Culprit: New Launches

• Jadescape – launched in 2018, this slick development bumped prices across the board.
• AMO Residences – rolled out in 2022, another price‑raising splash that made District 20’s averages jump in certain years.

So, the widening gap isn’t a mysterious market shift—it’s the result of these fresh launches pushing the overall average price per square foot (psf) higher in District 20 during those periods.

Why Clover by the Park is Finally Catching up in the Housing Race

Hey there, property enthusiast! If you’re curious about how a block of shiny new flats keeps up with its neighbors, let’s dive into the juicy details that set Clover by the Park apart.

Project Snapshot

• Tenure: 99 years from 2007
• Completion: 2012
• No. of units: 616
• Average price per square foot (1‑year average): $1,521.26

Price Surge: A Tale of the Mysterious One

When you mix the list of competitors around it, this development is the third youngest and the furthest from an MRT station. Yet, its prices have skyrocketed lately, closing the gap with Sky Habitat, which is only four years younger. Pandemic‑driven demand clearly flipped the script.

Demand Drivers: Bigger Beats Better

One key reason? Spaciousness matters. Clover by the Park offers larger units—think three‑bedrooms that are roomy enough for a home office, quick to become a workout studio, or simply to declutter after the lockdown.

With more people working from home during the pandemic, this “size‑up” advantage made these flats incredibly hot.

Transaction Breakdown (Jan 2020‑present)

• 54 total transactions
• 36 of them were three‑beders (the sweet spot)
• 14 were four‑beders (ideal for growing families)
• Only 2 were five‑beders (the rare, extra‑royal edition)

In short, Clover by the Park is proving that a larger footprint, coupled with pandemic‑era work‑from‑home needs, can turn a seemingly older project into a market darling. Keep your eyes peeled—this story is far from over!

Choosing the Right Spot for Your Growing Family

Picture this: a cozy four‑member household plus a friendly helper and a loyal canine. You’re probably staring at either a three‑bedroom with a handy utility room or a four‑bedroom layout.

What to Expect at Clover by the Park

• Spaciousness is the name of the game – the units are generous, but you’ll notice a few quirks.
• There’s a longish entryway that feels a bit like a hallway through a hallway.
• Bay windows and planters add charm but can feel like extra space that’s not fully utilizable.

Why This Matters

It’s not a major deal – especially when budget and privacy are top priorities – but keep it in mind. The rounded layout of the building means some rooms aren’t the classic square shapes, which can turn furniture placement into a little puzzle.

Bishan HDB EA/EM

Grab a Bargain Home in Bishan

It’s all about the price, right? If you’re hunting for the cheapest spot on the market, you’ve probably already landed on the most budget‑friendly option.

Why Bishan’s HDB Spots Are Worth Your Eye

• “Old but gold” – The clusters were built between 1985 and 1992, so they’re 30‑37 years old now. That means lower maintenance costs and plenty of space.
• Walking distance from the Christian High School – Almost every unit is within a kilometer, making daily commutes a breeze.
• Transit ready – Whether you’re swinging by the Bishan, Marymount or Bright Hill MRT stations, you’re never more than a stroll away.

Everything You Need to Know

Depending on the features you treasure, a few of these spots might even be better situated – just because they sit shinier next to an MRT station. Take a look, match a cluster to your lifestyle, and you’ll find that an affordable home does not have to feel like a compromise.

Why Bigger HDBs in Bishan Are Still Up for Grabs

Even though the executive apartments (EA) and executive multis (EM) in Bishan are a bit on the older side, their prices are continuing to climb—right in line with the overall market trend.

Post‑Pandemic Demand: Bigger Is the New Beautiful

Since the pandemic, people are craving larger living spaces. The thing is, Bishan’s biggest HDBs are almost all gone from the construction pipeline.

With no new units in the pipeline, the old ones suddenly become like the hottest real‑estate meme: demand surges, prices go up, and the whole market breathes a little easier.

Key Stats from 2022

• Last 10 months of 2022: 55 executive units traded in Bishan.
• Average transaction price: $1,047,125.

So, if you’re looking at buying an executive unit in Bishan, remember that even though the property is a few years old, the sheer size and past popularity mean you’re still in a cocktail of high demand and raising prices.

Bottom Line

When it comes to the biggest HDB units, the market is all about space and scarcity. Even older units are keeping their price tags on the rise, so keep your eyes peeled—next time you think you can skip the boom, those big units might just be the next hot ticket.

Why Low‑Waste Spaces Are the Superheroes of Home Design

Picture this: a house that feels spacious without having to spend an arm and a leg on upgrades. That’s the magic of most EAs and EMs—those “efficient” layouts that slice space like a skilled chef slices a baguette.

What Makes Them So Slick

• Lean & Mean: Minimal wasted square footage means every inch is put to good use.
• Built to Bend: From open‑plan living rooms to adaptable walk‑through closets, they flex like a yoga instructor performing a perfect down‑ward dog.
• Future‑Proofed: Need a home office, a nursery, or a tiny gym? Just tweak the floor plan and voilà!

How Your Own Home Stuck Your Finger in the Right Place

Remember that time you turned the attic into a sleep‑over zone for the kids? That was a clear win for flexibility. You didn’t have to buy a whole new house; you simply re‑imagined the space. Picture a square inch of closet becoming a craft corner—thanks to the smart design of those EAs/EMs.

Ready for Your Own Make‑Over?

When the rubber meets the road (or, in this case, the budget meets the blueprint), a well‑planned renovation can turn even the humblest layout into a dream dwelling. Think of it as giving your home a little makeover that’s painless, painless, and totally “you.”

Holding period

Long‑term Stays and the Shrinking Lease

So you’re planning to lock in that next condo for 17–18 years until the kids spill their last exam notes? That’s a marathon, not a sprint.

Now, let’s talk about the lease‑death penalty: older lease‑hold properties usually feel the bite of falling prices as the lease shrinks.

What Those Charts Really Tell Us

• Freehold vs. 999‑Year Leasehold: These two are practically hand‑shakes—one has no expiration, the other has a lot of years left, but both look fine.
• 99‑Year Leasehold (Pre‑1990) vs. 999‑Year/Freehold: Here we see the hefty price tag drop. These homes have been kicking off the rental clock for over 32 years, and the market’s been eating away at their value.
• Land vs. Condo: Landed properties tend to dance with bigger swings in price when the lease decays, compared to the steadier climb of condos.

Bottom Line

In plain English: the older the lease, the bigger the potential price slide. If you’re staying long, keep an eye on those numbers—just as you would on your kids’ report cards.

Buying a Condo: A Time‑Traveling Gamble?

Ever notice how the price gap between freehold/999‑year leaseholds and 99‑year leaseholds keeps widening? The graphs from the past (and present) are proof that the longer a property sits, the bigger the price difference between them. Let’s break it down.

Price Snapshot: 1995 vs. 2002

• Freehold/999‑year Leasehold Condo – $667 in 1995 → $1,671 in 2002
• 99‑Year Leasehold Condo – $529 in 1995 → $1,089 in 2002
• Freehold/999‑Year Leasehold Landed – $610 in 1995 → $1,737 in 2002
• 99‑Year Leasehold Landed – $294 in 1995 → $598 in 2002

The trend? Prices shoot up faster for the freehold or 999‑year deals. The 99‑year ones lag, and when the market hits a high, the difference can be enormous.

Future‑Age Calculations: Clover by the Park vs. HDB

Imagine you lock eyes with Clover by the Park – a 15‑year‑old gem now. Plan to stay 18 years? That puts the building at 33 years of age when you hand over the keys. Same logic for HDB: buying the youngest block at 30 years, you’ll juggle a 48‑year flip at the point of sale.

What Happens Around 30‑48 Years?

At 33 or 48 years, the market tends to slap the brakes. Prices can plateau or even dip, especially if you’re buying at a peak. That means the chance of pulling off a tidy profit shrinks. It’s like buying a car when the market price is at its zenith – you might end up with a “dampener” rather than a turbo.

Bottom Line

So, if you’re tempted to love that 333‑year‑old condo, consider:

• Will the price appreciate, or will it be stuck in a plateau?
• Do you want to pick a spot where the market is doing well, or do you prefer a property that can age without losing value?
• What’s your plan if the value dips? Are you prepared to lean into the market’s ebb and flow?

In short, buying a condo can feel like a race against the clock – especially if you’re eyeing a property whose age turns into a ticking time‑bomb (33 or 48 years). Plan wisely, pick your age wisely, and remember: sometimes the safest bet is to lock down a 99‑year leasehold and ride the wave.

Given your long holding period, perhaps looking at freehold options would be a safer approach

Free‑Hold Homes Around Catholic High – Under $2.8 Million

Good news first: you won’t have to juggle the headaches of lease‑decay—no surprise price drops or shackled ownership. Secondly, if you see the property as your sweet‑home nest for retirement, you can keep it and pass it down to your kids. Think of it as a legacy you’re building brick by brick, not just a temporary rental.

Ready‑to‑Move Options Within 1 km

• Charm‑Sized Classic: two‑bedroom townhouse, $2.1 million, dew‑dropped courtyard and a tiny private garden.
• Modern Mill: three‑bedroom loft, $2.5 million, open‑plan kitchen, and a roof terrace that screams “Zen” in a city.
• Stunning 4‑Bed Retire‑Right: spacious square footage, $2.7 million, with a staff flat and double‑car space.
• Budget Friendly: one‑bedroom loft, $1.5 million, efficient layout, and a dynamic community garden.
• VIP Build‑Out: custom stone finish, $2.8 million, 3 levels of living bliss and a pool for the grand grand‑children.

Each of these gems is anchored within a kilometer of Catholic High, giving you a quick commute to schools or local cafés and a sense of community that feels just right before the years of chalk talk.

Tresalveo

Tresalveo: Your New Home Sweet Home

Picture this: a cozy, free‑hold estate that wrapped up its construction back in 2012, boasting a solid 176 units across two sleek, 21‑storey towers. Each tower gives you the freedom to choose from tiny one‑bedroom hideaways to roomy four‑bedroom spaces – you name it, they have it.

Location, Location, Location

• Just a five‑minute stroll from Marymount MRT – easy commutes? Check.
• Nearby Shun Fu Mart with a tasty spread of eateries and a Sheng Siong supermarket – grab groceries without the hassle.
• Want to shop or catch a movie? Junction 8 and Thomson Plaza are less than a 10‑minute drive away.

Why You’ll Love It

With a strategic mix of quiet living spaces and buzzing neighborhood perks, Tresalveo makes it easy to stick to your budget while still enjoying the convenience of a lively city vibe. Good news – no rent hikes, because every unit is freehold.

Project performance

How the New Development Has Been Doing Since Its Grand Opening

Beautiful News: Since it hit the market, the project has seen a 76.78 % appreciation—that’s pretty sweet and keeps it in step with the overall real‑estate vibe. Sounds like the neighborhood is on a winning streak.

Transaction Snapshot (2021)

The only recorded sales after the launch were two three‑bedroom apartments from 2021. Here’s a quick look at the numbers:

• December 2021 – 1,550 sqft, $1,613 per square foot – Price: $2,500,000 (Level 4)
• February 2021 – 1,550 sqft, $1,439 per square foot – Price: $2,230,000 (Level 9)

No Four‑Bed Sales Yet?

As of now, there haven’t been any four‑bedroom resale deals. Maybe nobody has tossed a sell‑listing in front of the coffee shop yet, or perhaps no one has bothered to file a caveat. Either way, the market’s still pretty quiet on that front.

Why Small Developments Can Be Slow to Move

Typically, you’ll notice lower transaction volumes in small developments. Think of it as a quiet, cozy neighborhood where everybody knows each other—handshakes happen slowly. If you’re eyeing a unit with us, patience is key. The right buyer will come, but it might take a bit longer than the big‑bang markets.

So, keep an eye out, stay patient, and remember that real estate gold moments can happen when you least expect them—just like a surprise pizza delivery on a rainy night.

Layout

Homes That Aren’t That Bad – But They’re Not Starlight Clouds Either

Ever wonder if a home can feel as airy as a Clover by the Park yet still keep you from feeling like you’re living in a shoebox? The answer is yes, and here’s the honest scoop.

Layout Love (and a Few Lumpy Knots)

• Bay windows everywhere? Yep. They’re in every room and even on the balcony. Great for soaking up sunshine, but fingers‑poppy if you’re sprawling around.
• Planters on every surface? That’s the new ‘green‑rebel’ trend. They add a pop of nature, but shout “real estate!” as we count each inch.
• Slobbering space? The overall layout each room feels spacious, but you’ll find that the live‑able area is getting squeezed like sock in a dryer.

Bedroom Buzz‑Factor

Every bedroom is a winner – you can put a full‑size double bed in, toss a chair on each side, and still have the liberty to dance around like it’s your own stage. No awkward corner meetings of furniture.

Kitchen & Basement Bounty

• Wet and dry kitchen? A dream for the foodie or the bartender alike. The wet side keeps your dishes bright; the dry side keeps your pantry organized.
• Yard & maid’s room? A backyard for the backyard, and a dedicated space for your cleaning squad – cleanable and hassle‑free.
• WC on board? Handy, less disruption for those magical family moments.

So, if you find yourself craving a breezy home with spaces that echo laughter or intimacy, this might just be the next chapter in your housing saga.

Boonview

Boonview: Tiny‑Freehold, Big Charm

What’s Inside?

Boonview is a snug freehold community that broke ground in 2003. With 120 cozy units, it offers a mix of one‑bedroom and three‑bedroom homes all packed into a single 20‑storey tower.

Neighbourhood Vibes

Right beside the bustling Tresalveo block, Boonview keeps pace with killer accessibility and amenities—say hello to similarities that will make you feel right at home.

Walking Distances

• Shawn a six‑minute walk from Marymount MRT station, letting you glide into the city in a flash.
• Convenient Shun Fu Mart is just a stroll away for all your grocery needs.
• Retail heaven at Junction 8 and Thomson Plaza—no need to hunt; they’re practically neighbors.

Why Choose Boonview?

If you’re after a freehold slice of paradise with great transport links and a dash of sun‑lit shopping, this small tower is the secret hero you’ve been missing.

Project performance

Prices at Boonview Leapin’ Ahead

Ever since Boonview rolled out the red carpet, its prices have blasted up by a staggering 94.39 %! That’s almost a full‑on touchdown, and now they’re cruising along in lockstep with the bigger market.

Transaction Highlights

• September 2022: 646 sqft gem sold for $1,068,000—about $1,654 per square foot. Located on Level #04.
• January 2022: The spread‑out 1,292 sqft three‑bed beauty pulled in $2,090,000, which works out to roughly $1,618 per sq. ft. Nestled on Level #06.

So, just like the laid‑back vibe at Tresalveo, Boonview’s trade volume is still pretty low—only a couple of deals in the last ten months of 2022. But hey, good things take time, and it’s only getting better from here.

Layout

Boonview’s Two-Story vs. One-Story Homes

In Boonview, you get a nice choice between a single‑storey and a double‑storey three‑bedroom layout. Both feel roomy and practical, but the building’s quirky shape means some corners look a bit… unconventional. Good news, though: there’s a ventilated storage area that can double as a service room.

One twinge? No balconies. If you love a little balcony breeze or a quick nap on the edge, this might hit a minor disappointment.

Freehold Land‑ed Home at Thomson Garden Estate

Moving on, there’s still a freehold landed home option worth a look, but let’s set the stage with a few heads‑up.

• Recent transaction prices suggest you could afford one, based on your estimate. But we don’t know the exact condition unless you personally tour each property.
• Unlike condos, each landed home can be any age or state. The lower price might hint at older, less‑maintained units.
• Even if the headline price fits your budget, renovation or all‑and‑after (A&A) costs could push you out of your comfort zone.
• There’s a “subjective” standard for what makes a home “good” for you: some folks are fine with a dated exterior if the interior is fresh; others want a modern exterior and interior.

Because of the price, expect less of the perks that bigger landed houses enjoy:

• Limited in‑house garden space for kids or dogs to sprint.
• Parking can be a challenge, especially in the rain.
• Maintenance fees and upkeep tasks rise, especially as the house ages.
• Baby‑proofing is a must early on—think stair rails and gates.

Still, it’s worth exploring if your eye catches the right gem. The perks of owning a landed property can be big if you find the match.

Thomson Garden Estate

Discovering Thomson Garden Estate: A Walk‑of‑Life Sanctuary

Located just a five‑minute stroll from the Upper‑Thomson MRT, Thomson Garden Estate feels like the comfort zone you’d find on an Instagram vacation reel—only it’s your potential new home!

Why This Spot Rocks

Within a tight 10‑minute walk you’ll find:

• Shunfu Mart – for pantry vibes that never disappoint
• Thomson Plaza – ever‑ready for a spontaneous coffee run
• A smorgasbord of eateries along Upper Thomson Road – perfect for those midnight cravings or weekend brunches

All the places you need without the hustle of navigating a traffic‑jam city center.

School‑Board Drop‑Offs Made Easy

Families, listen up! Two top‑notch primary schools—Ai Tong and Catholic High—are less than 1 km away. Whether you’re in the formal or fun school phase, the commute will feel more like a walk in the park than a wild race.

What It Means for You

With school gates so close, you can ditch the early‑morning traffic headaches and focus more on playtime instead of parking lots.

In short, Thomson Garden Estate is a cozy, conveniently located retreat that blends community charm with modern convenience—ideal for those looking to settle down without compromising on lifestyle.

Project performance

Thomson Garden Estate: A Wild Ride of Rising Prices

For the past decade and a half, the glossy Thomson Garden Estate has been on a turbo‑charged upward spiral. Thanks to a +200% jump in value over 15 years, buyers are seeing their investments grow faster than the internet feeds them memes. A quick glance at the last two years reveals a surge that even outpaces the broader market—talk about grabbing the captain’s wheel!

Inventory Snapshot (Realis)

• CCR (Condominium Country Road): 12,045 units
• OCR (Open Country Road): 46,636 units
• RCR (Residential Country Road): 14,503 units
• Total: 73,184 units in stock

Why Prices Keep Sprinting Up

Singapore’s toast‑open land is scarcer than a good bargain at the hawker centre, especially for freehold and 999‑year leasehold options. With supply running out faster than the last minute of a livestream, the price tag of a property climbs, climbs, climbs.

Spotlight on Recent Sales (Edgeprop)

• Oct 2022 – 33 Jalan Hari Raya – $2,138 PSF, $3,630,000 (Terrace, 1,697 sqft)
• Sep 2022 – 46 Jalan Chegar – $2,661 PSF, $2,435,000 (Terrace, 915 sqft)
• Aug 2022 – 30 Jalan Chempah – $2,698 PSF, $2,410,000 (Terrace, 893 sqft)
• Aug 2022 – 63 Jalan Kuak – $3,165 PSF, $2,800,000 (Terrace, 885 sqft)
• Jul 2022 – 28 Jalan Chegar – $2,492 PSF, $2,280,000 (Terrace, 915 sqft)
• Jul 2022 – 20 Jalan Isnin – $1,610 PSF, $3,100,000 (Terrace, 1,926 sqft)
• Apr 2022 – 98 Jalan Pintau – $2,558 PSF, $2,263,000 (Terrace, 885 sqft)
• Apr 2022 – 34 Jalan Hari Raya – $1,912 PSF, $3,450,000 (Terrace, 1,804 sqft)
• Mar 2022 – 24 Jalan Chegar – $1,824 PSF, $4,900,000 (Terrace, 2,687 sqft)

2022 Performance Highlights

During the last 10 months of 2022, there were nine transactions, yielding an average of $2,340 per square foot and an overall average price of $3,029,778. Even though the plots are on the smaller side, the estate’s overall sales still outshine many neighboring landed properties.

Bottom line? If you’re eyeing a landed home in Singapore, Thomson Garden Estate is both a golden and thrilling choice—just remember to bring your wallet full of cash for the thrilling climb ahead!

Finally, should you do a one or two-step move?

Should You Buy Another HDB First?

Jumping straight into a private property feels like racing to the finish line before you even have a decent start. If you’re wondering whether buying an older HDB to rack up savings is a smart move, here’s the low‑down.

Renovation: The 2‑Below‑The‑Line Tag

Old HDBs = Big Fix‑Ups. In Bishan, you’re likely looking at a remodel that would come with major overhaul costs. With renovation fees still high, that’s a weighty consideration before you stack up another mortgage.

Hidden Fees & Podium Jobs

• Stamp duty on the second property.
• Selling costs if you already own a home.
• Any tax implications on future profits.

What’s Next on Your Floor Plan?

The next move really hinges on your target property and the price trajectory you anticipate out over the next decade.

2022 Developments – The Big 3

They’ve been rolling out some paces‑paced solutions that should set the climate more favourable for HDB buying:

• A three‑year build acceleration for certain Tengah BTOs.
• New BTO supply coming in wave after wave.
• Changing demographics—when the older generation passes on, the market dynamics shift.

It’s a subtle reminder that the dip you’ve seen two years back isn’t guaranteed to keep rolling.

Why the Scarcity of Freehold Landed Homes Matters

If you’re eyeing a landed home at Thomson Garden Estate, you’re dealing with a tight supply that’s unlikely to increase. Even if prices feel sky high now, they’ll only climb further.

High‑Interest Rates & Uncertain Economy

Today’s financial climate is a bit like a roller coaster—high interest rates and a shaky economy make the question tougher to answer. It boils down to:

• Your job security.
• The future trajectory of your career.

Balancing risk vs. reward on your own terms is key.

Bottom line: Take a Deep Breath…and Then Plan

Buying an extra HDB may be a sound strategy, but only if you’ve carefully weighed the renovation costs, fees, and future market shifts. And if you’re going for that pricier landed house, remember: scarcity can mean steep pipelines ahead. Stay flexible, stay informed, and make that decision with your future lightest on your shoulders.

Conclusion

Thinking About Your Home Future? Let’s Dive In!

Why Freehold Might Be the Star of the Show

You’ve been smashing it with Clover by the Park and Bishan HDB units, but when you’re looking at a 17‑ to 18‑year horizon, lease decay can sneak up on you. Think of a freehold like a hearty old tree: it keeps growing, no one’s cutting down the roots.

• More Value Over Time – As you keep the property longer, a freehold can retain—and even increase—its worth.
• Retirement Ready – Want that cozy nest for your golden years? Freehold homes are perfect for turning into a retirement haven.
• Sneak Attack on the Kids – Pass the deed down the family tree with fewer hassles.

First Steps: HDB Before Private

If money’s a bit tight right now, starting with an HDB is like doing a warm‑up. You get a hands‑on feel for the market and build a comfy cushion.

• Less Monthly Pain – Lower rents and loan payments keep your budget light.
• Build Equity – Even a modest condo can earn you a little extra down the road.

Jumping Straight to Private? What Happens Next?

Going all‑in on the private front can feel like stepping off the curb into a brand‑new car. It’s exciting, but you’ll likely hit higher mortgage rates as the market climbs while the loan terms shrink.

• 30‑Year Loan Magic – Direct purchase gives you a full 30‑year financing window, sweetening the deal.
• Price Hike Risks – If prices go up, your monthly pledge could get steeper.

Bottom Line

Weigh the pros and cons: freehold for long‑term value vs. HDB for a softer start. Anytime you move, just make sure the decision aligns with your financial pulse and future dreams—whether that’s a comfy retirement pad or a sweet legacy for the next generation.

So which would be a better choice?

Why a Small Freehold Landed Home Might Be Your Golden Ticket

Let me break this down in plain, relatable terms – no jargon, just the real deal.

What’s the Deal with Tiny Developments?

• Tresalveo and Boonview are the kind of little projects that don’t see a lot of foot traffic.
• They’ve bounced up nicely since the launch, but they’re like a slow‑moving boat – you can’t expect a sprint in value.
• And here’s the kicker: you can never tell when a unit will actually hit the market.

Same Game in a Landside Situation

Buying a house on the market feels a lot like hunting for a lost sock. When will the next one appear? There’s always that uncertainty.

Enter the Freehold Landed Home – Your Answer?

• Location? Super convenient – just a kilometer from Catholic High School.
• Long‑term value? High odds of staying solid if you’re ready to hold onto it.
• Support? Practical – it’s in a freehold enclave, so you’re away from the gentrifying frenzy that hits condos.
• Market activity? Active enough to keep a steady flow of sales.

Why These Prices Stay Put

Freehold landed estates are scarce. Limited supply means that over time, the prices won’t just drop and go wild.

Think of it like a classic collectible: low numbers, high interest.

What Makes It Stick

• It’s cheaper than its more famed neighbors right now.
• Close to two top-tier primary schools – parents love that.
• All of this gives the area a defensive pricing structure – think of it like a moat protecting your investment.

Bottom line: if your primary goal is to hold onto value and not just beat the market, a freehold landed home in Thomson Garden Estate is a solid bet.

— First published on Stackedhomes, a favorite spot for home buyers looking for smart moves.