If you are looking to purchase a freehold property, Leedon Green could just be the sanctuary you are seeking. Imbued with an air of tranquility, the space is a masterful curation of nature that transcends time.
Launched in 2019, Leedon Green could potentially make for a worthwhile investment. Land prices have been on the rise, as developers look to replenish their land supply. The tender for the Lentor Central site was awarded at $1204 psf ppr, surpassing the bid of $1118 psf ppr for the land parcel in Ang Mo Ko Avenue 1— also a private housing site released through the Government Land Sales (GLS) programme.
Aside from land prices, construction prices in terms of both labour cost and construction materials are also increasing. The hike in overall costs would then ramp up the prices of future new launch projects. Hence, Leedon Green would likely offer better entry prices, as compared to that of upcoming new launch projects.
Homeowners could also obtain the temporary occupation permit (TOP) for Leedon Green, as early as next year! With the construction of new properties hampered by Covid-19, homebuyers can expect a potentially substantial waiting time for upcoming new launches.
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