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This Freehold Bedok Landed Estate Starts From $5.85m: But It’s Right Beside A Cheaper One

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TJ

TJ’s interest in property was sparked after returning from the UK- where balconies are not counted in one’s square footage!- and finding that the Singapore property had totally changed in the 7 years she was away. When not reading and watching articles & videos about property, she is busy cooking and baking for friends, family & her blog Greedygirlgourmet

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Chew Mon Woo
Chew Mon Woo
8 hours ago

Quite a superficial comparison of headline prices and frankly quite misleading for less-informed readers. The land plots in Woo Mon Chew are larger than Opera Estate which is why you see higher prices. On a PSF basis, the two estates seem quite comparable. This is like saying whole chickens are more expensive than half chickens. I’d have expected more from someone who has done a series of these landed estate write-ups.

H H
H H
7 hours ago
Reply to  Chew Mon Woo

If you look at the 2 sales charts in the article, there is a $300 PSF difference between the 2 areas so not sure how that’s comparable

Chew Mon Woo
Chew Mon Woo
5 minutes ago
Reply to  H H

Not sure where you are getting $300 PSF difference. If you look at her two charts, the median PSF is $2,172 for Opera Estate vs $2,183 for Woo Mon Chew. I use median because there are outliers in the data, eg units well above $3,000 which are likely new builds, as well as units close to $1,500 which are likely original condition houses.

If you use average PSF, that’s only about $90 PSF difference, with Opera Estate having the higher PSF ($2,288 vs $2,193), so that still does not support her claim of Opera Estate being cheaper. This is again due to land size differences where the smaller land plots fetch a higher PSF.

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