Liv @ MB Price
The LIV MB price is currently unaffordable for most people. However, this may change once the project starts selling units. The price of these units will vary based on their size and the number of floors they have. The price of Liv @ MB condominium units depends on several factors, such as the number of floor plans, the quality of the units, and the amenities that the condo building offers. This article will explain what you can expect from the Liv @ MB condo and how you can find out the current price of your unit.
Currently, the price of Liv @ MB units will be approximately S$2 million. The property is being developed by Bukit Sembawang Estates Limited (BSEL), a renowned Singaporean real estate company. BSEL started as a leading rubber company in 1911 and has since expanded into property development. In March 2018, the company sold Katong Park Towers and Liv @ MB is set to be the next phase of development for this neighbourhood.
The price of Liv @ MB will be lower than that of other recent launches in the area. Moreover, the 99-year leasehold tenure of this project will provide a higher rental yield. Tenants can continue to pay the same rent as leasehold tenants. This, however, may act as a psychological barrier for some prospective buyers. In the future, however, the project may be redeveloped and its prices could be raised accordingly.
The LIV @ MB is located on a sprawling land plot of 140,758 square feet. The previous development was Katong Park Towers, which occupied the land at the intersection of Arthur Road and Mountbatten Road. With major bus services circulating along Mountbatten Road, Liv @ MB has an excellent location. It is just a few minutes’ leisure stroll from Katong Park MRT. In addition, the building is situated within a 2-kilometer radius of a Katong Park MRT station.
In fact, the Liv @ MB price is largely based on transaction prices of newly completed homes. In the past decade, the prices of 99-year leasehold properties have grown 120%. That’s an annual growth rate of about 5%. The Liv @ MB Price currently transacts at a PSF of $1730, with almost all units taken. Meanwhile, the PSF record at this development is $2050.
The development is expected to be finished in 2024. The project will be located on a site previously used by Katong Park Towers. The site is 140,758 square feet and could contain as many as 298 units. The development is expected to be launched in April 2022. A complete list of prices will be announced at that time. The development’s location is also a plus point for investors. In addition to being near the Katong Park MRT station, it’s also close to many commercial districts.
The LIV @ MB Price may seem high for some people. It is located in Singapore’s East Coast District, near Raffles Place and Marina Bay. The developer, Bukit Sembawang Estates, is a trustworthy housing developer. This project will take over the former Katong Park Towers. It is just 3 minutes away from the Katong Park MRT station. It is also within walking distance of several popular shopping malls.
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