Is it worth to pay a premium for properties near the MRT Stations?

Properties near MRT Stations are generally more crowded. MRT network size is set to double by 2030. By then most of the properties are within a kilometer from the MRT station. So, is it worth to pay a premium for properties near the MRT stations?

Do apartments in more crowded projects sell at a lower price?

An increase in localized density negatively affected prices: a 10 per cent increase in density caused a decrease in price per square foot by about 2 per cent.

Related reading articles:

The Straits Times

The impact of crowdedness on housing prices

Blog Post

Singapore-MRT-Lines-in-2030

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Get ready for the upturn

There are few property reports in April 2017 indicating some upbeats in the market. One of the reports is from Morgan Stanley commenting that  Singapore’s property prices to double by 2030. The other report is by OCBC Investment Research Team. Go check the report out. They must be taken with a pinch of salt though.

Sources: CNBC, OCBC