Mountbatten Lights D15 Cluster Bungalow

Case Study

Change in Regulations (2014)

Increase in Communal Space from 30% to 45%

Implications for Developers

===>More Costs is shared among Lesser Units

===>Increase in PSF for Future Units

Prosper from the First-Mover Advantage

Why Buy Mountbatten Lights ?

Let's compare

Mountbatten Lights vs LIV @ MB

Transacted Prices (LIV@ MB)

99 Year Leasehold

Average PSF $2400

Summary

Why Buy Mountbatten Lights ?

(Freehold - Under $1200 psf)

1. The simplest way to understand the value of a Cluster Home is to see it like a Executive Condo (EC).

2. HDB Upgraders who cannot afford Private Condos choose EC. We have seen the massive profits made by EC owners in recent years.

3. Cluster Home is inbetween Private Condo and Landed Property.

4. As condo psf spiral, people who want space but cannot afford landed would choose Cluster Home instead.

What if you are not willing to spend so much on a Detached?

Which is More Value for Money?

Comparison 2 : Grand Dunman

5 Bedroom @ Dunman Grand Sold at $5.2mil

Summary