Not too long ago, I had the opportunity to explore Kingsville, a charming area nestled along King’s Drive in Bukit Timah. What caught my attention was the fact that the properties there have a leasehold status, which typically makes them more affordable. However, many Singaporeans shy away from purchasing a leasehold landed property, thinking it’s not a wise financial decision. They often worry that the value will diminish over time.
This belief, while prevalent, isn’t a hard and fast rule. The reality is that some buyers have managed to turn a profit from such investments, depending on factors like the purchase price and timing. That said, unlike owning a leasehold condo, these properties don’t usually offer the potential for an en-bloc sale, which is often seen as a lucrative exit strategy.
If you’re someone who has admired Kingsville but are hesitant due to these concerns—and if you have a substantial budget—you might want to take a look at what Queen’s Road has to offer. It’s really just a hop, skip, and jump away from Kingsville, with only one road separating the two areas.
