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SINGAPORE PROPERTY WEEKLY Issue 354
Additionally, condominiums also offer security, maintenance fee. This takes the hassle out of
unlike standalone landed units. maintaining the common areas. Dedicated
parking, usually for two cars, is also one of
However, all is not lost for buyers who want
the advantages of living in a cluster
both – landed exclusivity as well as
development. Buyers will not have to battle
recreational amenities.
with their neighbours for roadside parking
The solution? Cluster housing spaces.
Cluster housing is like a hybrid – it is a group With these advantages, it is not surprising
of landed homes sharing facilities like that cluster homes are becoming the
swimming pools and gymnasiums within the accommodation of choice for some buyers.
development. However, unlike landed units,
So what are the possible cluster
cluster houses come with a strata title.
developments that buyers can consider? For
As with any type of housing, there are some value buys, we will be looking at cluster
advantages to living in cluster developments. homes in the districts of 16 to 28 as these are
Besides having security and recreational areas in the OCR and hopefully will not cost
facilities, the maintenance and upkeep is an arm and leg for buyers. Another criteria
taken care of by the managing agent, and included is that these properties should be in
owners just need to pay a monthly the price range of $1.5m to $2m.
Horizon Green was developed by Allgreen This is another Allgreen project completed in
Properties. It is located in Ang Mo Kio Avenue 2006. Its location is at Miltonia Close in
2 and was completed in 2004. District 27.
In terms of age, Cabana has the longest it will set me back by $1.73m.
lease left, but its major disadvantage is the
Thus, for value, I will go for The
lack of nearby schools.
Shaughnessy, simply because the smallest
Looking at the average PSF prices, there is 3,283 sf unit can be had for (just!) $1.405m.
quite a large disparity, with Kew Green being
the most costly, and The Shaughnessy having
the lowest prices.
My preference
Non-Landed Residential Resale Property Transactions for the Week of Apr 2 – Apr 6