Analysis of Piccadilly Grand - A Real Estate Investment Opportunity
Jul 20, 2023
2 min read
This blog post provides an analysis of a real estate property called Piccadilly Grand, located at Northumberland Road in District 8, Singapore. The property has a lease of 99 years starting from 2021. The analysis includes a summary of sales data, rental data, location features, and a conclusion for buyers, renters, and investors.
The sales data for Piccadilly Grand shows various transactions over the past 6 months. The prices per square foot ranged from $1821 to $2174. The average price per square foot was $2046. The sizes of the properties ranged from 1356 to 2045 square feet.
Unfortunately, there isn't any rental data available for Piccadilly Grand. However, based on the sales data, it can be inferred that the demand for this property is high, which could be an indicator of potential rental demand as well.
Piccadilly Grand is conveniently located near Farrer Park MRT Station, which is only 350 meters away. The property is also surrounded by various secondary schools such as Anglo-Chinese School and Bendemeer Secondary School.
Considering the sales data, the high demand for the property, and the proximity to amenities such as schools and MRT stations, Piccadilly Grand seems to be a promising investment opportunity. Buyers, renters, and investors should carefully consider the location and potential rental demand before making a decision.
This analysis is based on the freely available data and should be taken as a general overview. It is always recommended to consult with real estate professionals or conduct comprehensive research before making any property-related decisions.
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