18/07/2022
Have you heard of the newest condo in Ang Mo Kio? Aptly named, AMO residences, it is priced at a new benchmark of $2000psf, making it one of the more expensive condos outside of the city area, in the OCR region. Buyers looking to buy in this area are mainly looking at 3 things:
#1 Good Schools
Said to be one of the best 学区房 in Singapore, parents and even foreigners are on the lookout for these type of units. With AMK having a good number of schools that are ranked high on every parent's list from Pri to JC, your child will have many options to choose from.
#2 Near to parents home
Did you know the AMK is home to more than 150,000 HDB residents? It is one of the older districts in the area hence the population has a sizeable number of elderly folks. Staying near parents is one of the biggest draw for many young couples as the convenience and help that parents can offer is intangible.
#3 Strong Exit Strategy
Exiting the unit after 3 years will not be a problem, in fact it will be boosted by many upcoming developments in the near future being the NS corridor, Thomson-east coast line and the Cross island line. With more accessibility at your door step, it will be a choice development for anyone to stay.
https://www.edgeprop.sg/property-news/amo-residence-test-new-price-benchmark-close-2000-psf-suburban-condos?fbclid=IwAR3Cym1qI_t0GaRJPV4qaeEndFlRDiYTczDjHoYqzlyDIcodZVq5MI9k9qU
AMO Residence is the first new launch of a suburban condo in 2022