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This district is often highlighted for its lucrative investment opportunities. The average price per square foot in District 9 has seen significant appreciation, rising from $2,766 in 2017 to $3,879 by March 2022. The central location, luxury reputation, and high demand make it a prime area for substantial gains.
District 10 is another area with notable gains. The prices here have steadily appreciated, with the average price per square foot increasing from $1,579 in 2017 to $1,964 by March 2022. The presence of Good Class Bungalows and reputable schools adds to the attractiveness and value of properties in this district.
District 15 has also seen significant growth, with prices rising from $1,356 in 2017 to $1,839 by March 2022. This district is valued for its historical charm, proximity to the Central Business District, and the presence of reputable schools, making it an attractive option for both families and investors.
Landed properties in general have shown strong appreciation over the years, driven by limited land supply and high demand. The data indicates that freehold properties tend to appreciate faster due to the absence of lease expiry dates, making them more sustainable in value over time.