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Trend Analysis and Investment Potential: SOL ACRES in CHOA CHU KANG GROVE, Singapore

Trend Analysis and Investment Potential: SOL ACRES in CHOA CHU KANG GROVE, Singapore

  • Jun 11, 2023

  • 2 min read

Trend Analysis for SOL ACRES in CHOA CHU KANG GROVE, Singapore

SOL ACRES, located at CHOA CHU KANG GROVE in District 23 of Singapore, is a property in the Outside Central Region (OCR). It boasts a lease tenure of 99 years starting from 2014, which means there are still 90 years left on the lease.

The property offers various units, although the exact number of total units is not specified. With its desirable location and attractive features, buying a property in SOL ACRES can be a good investment decision.

The sales transactions data indicate a consistent demand for units in SOL ACRES. Here are some notable trends:

  • In May 23, a 1044 sqft unit on floor range 06-10 was sold at $1264 per sqft.
  • In May 23, a 872 sqft unit on floor range 21-25 was sold at $1147 per sqft.
  • In May 23, a 614 sqft unit on floor range 11-15 was sold at $1349 per sqft.
  • In June 23, a 732 sqft unit on floor range 11-15 was sold at $1408 per sqft.
  • In April 23, a 1216 sqft unit on floor range 01-05 was sold at $1382 per sqft.

These transactions indicate a range of unit sizes and floor ranges being sold at various prices per square foot. SOL ACRES offers options for buyers with different preferences and budgets.

Location Features

SOL ACRES is situated in the serene neighborhood of CHOA CHU KANG GROVE, providing residents with a peaceful and tranquil environment. Its location offers convenient access to various amenities and facilities, including shopping malls, schools, parks, and public transportation.

The nearby Choa Chu Kang MRT station provides easy access to the rest of Singapore, while the proximity to Jurong Lake District offers opportunities for outdoor activities and entertainment.

Should You Invest in SOL ACRES?

Based on the trends in sales transactions and the attractive location features of SOL ACRES, buying a property in this development can be a good investment decision. The consistent demand and range of unit options contribute to its investment potential.

However, it is always recommended to thoroughly evaluate your financial situation, consider your long-term goals, and consult with a real estate professional before making any investment decisions.