You’ve made it to the final stage of the housing search. You’ve scoured blogs and websites, read property advice from friends and neighbours, and even gone on home visits. Also, you’ve narrowed your choices down to two properties. One is in Loyang Avenue; the other is in Tanah Merah.
Both are within walking distance to each other, but there are subtle differences between the two that will interest you: Loyang Avenue has a “typical” feel while Tanah Merah has an “out-of-the-way” feel about it. So, which one should you choose? Let us help you decide with our guide to moving to the newest housing estate in Singapore.
What is the Tanah Merah estate?
The Tanah Merah Residence is a new housing estate being completed in the eastern part of Singapore. It is currently home to only 2,000 families, and is one of the largest developments in Singapore. The estate is located about 25km to the east of Singapore’s central business district, and is connected to the city using the East Coast Parkway (ECP).
How to move to the Tanah Merah estate in Singapore?
The easiest way to move to the Tanah Merah estate in Singapore is through public transport. The public transport system in Singapore is world-renowned for its punctuality, efficiency, and convenience. So, even if you are one of the last people to move to the estate, you will still be able to reach your new home easily.
The most common transport methods used to get to the Tanah Merah estate in Singapore are the Singapore Railways (train) and the Singapore MRT (subway). From the train station, you can take the East Coast Parkway (ECP) to the Tanah Merah estate. Also, from the subway station, you can take the East Coast Line (ECL) to the estate. From the Loyang Avenue station, you can take the Loyang Line to the estate.
How much will it cost to move to the Tanah Merah estate in Singapore?
The price of a move to the Tanah Merah estate in Singapore will depend on a number of things, including where you choose to live, your lifestyle, and how familiar you are with the housing market in your new location. In general, the more expensive your lifestyle, the more expensive your property purchase will be.
The average price of a two-unit private home in the Tanah Merah estate is about $1.6 million, so if you are looking at a foreign investment, you will need to discuss this with your financial advisor. However, if you are a first-time homebuyer, or a downsizer, you can still take a look at the average house price in Singapore and get an idea of how much you would have to pay.
How long will it take to move to the Tanah Merah estate in Singapore?
The move to the Tanah Merah estate in Singapore will take at least two years, possibly three. During this time, you will need to finalise your move-in date and arrange for your household items to be transferred to your new home.
You will also need to find a job and arrange for your children to be Schooled in Singapore. Your move to the Tanah Merah estate in Singapore will also require you to get your vehicle licence, and you will need to arrange for your house to be insured.
Where can you move to the Tanah Merah estate in Singapore?
You can choose to move to the Tanah Merah estate in Singapore if you are a first-time homebuyer or a downsizer. If you are a downsizer, you will be downsizing from a larger home to a smaller one because the median house price in Singapore is $1.6 million. If you are a first-time homebuyer, you can start your home search in earnest after you purchase your property.
When it comes to deciding where to move to the next stage in your life, the choice is really up to you. You can either choose a new location that will give you a new experience, or a familiar one that you may enjoy more. There are many advantages to moving to the Tanah Merah estate in Singapore, and if you are looking for an affordable place to start your new chapter in life, it is definitely one of them.
However, before you make the big move to the real estate market, make sure to do your research, find out what it will cost, and how long it will take to move to the Tanah Merah estate in Singapore. Then, make your decision based on what you think is best for you and your family. Looking for more home buying tips? Visit our blog to find out how you can buy a home in Singapore for less than you might imagine!