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Prices of new leasehold condos in suburbs set to rise.
New 99-year leasehold condominiums in the suburbs - a segment buttressed by HDB upgraders - are about to get even pricier.
Two upcoming large projects in the suburbs - the 372-unit AMO Residence in Ang Mo Kio Avenue 1 and the 605-unit mixed development Lentor Modern - are likely to be launched at a median price of around $2,000 per sq ft - a price level more commonly seen in the prime and city fringe condo markets, analysts said.
Source: Straits Times