Property Investment Insights
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How Much Do Industrial Areas Really Impact Condo Prices? A Case Study Of Bishan And Yishun
In this Stacked Pro breakdown:
- We examined how proximity to light industrial zones affects condo performance in Yishun and Bishan.
- Some developments near these areas defied expectations over a 10-year period.
- The data points to surprising patterns in value and demand — especially for investors.
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One of the “property facts” most of us assume without question is “nearby industrial areas = bad.” This is a bit simplistic, since not all industrial areas are the same: smog belching heavy industry is actually kept quite far from residential areas, for example, whilst industry near homes tends to be warehouses, materials vendors, etc. Nonetheless, the idea of avoiding industrial areas persists; so let’s take a look at the real data, showing the real impact on housing:
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seriously? need to pay?