Analysis Analysing Unprofitable Condos: 6 Reasons Why The Lanai Has Performed Poorly (District 23)

  • June 3, 2022
  • 13 min read
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Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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caseyaff
caseyaff

Wrong info. Hilltop Grove is not freehold.

caseyaff
caseyaff

Also, you can’t compare Hillview 128 (apartment ) vs Lanai (condo). there is a stark difference between the 2 in terms of built, design and amenities. Go visit both and you can tell the diff.

caseyaff
caseyaff

And hume park I is not close to any MRT station at the moment. It’s at the other end of the neighbourhood. (it will be next to the new Hume station in about 3 years time ). I do agree Lanai was way overpriced back in 2010. And again, you can’t compare Lanai to Natura which is those apartment with mickey mouse units. Its like comparing Kancil to Mercedes.

caseyaff
caseyaff

oh wow, guys. you gotta do a bit better on your research. lanai to new hume station is a longer walk than to hillview station, and it’s a steep uphill trek along hume avenue for almost 500m (until symphony heights condo). The walk to hillview station is shorter and it’s a level road save for a short distance of 100m slope, starting from the hv rounadbout.

Stacked Homes
Stacked Homes

Hi! Regarding this, both are almost the same distance but Hillview would be much better given the lack of the uphill slope. This is an oversight on our part and we’ll make the rectification. Thanks!

Stacked Homes
Stacked Homes

Hi, we wrote it on the basis that it’s close to the upcoming Hume MRT where it’s likely that prices increased on the announcement of the upcoming station. About Natura, we were making a comparison between 3 bedders in the area which a buyer may also consider so we did not leave it out. Thanks!

Stacked Homes
Stacked Homes

Hi Caseyaff thanks for pointing that out! Will make the change!

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