Conserving Historic Singapore Buildings Raises Value Of Nearby Homes But Could Also Cause Gentrification: Study
Conservation buildings are one of the factor for increasing the value of the surrounding property. Especially for property around the 1km vicinity, the study shows a general positive trend in increasing the value. Therefore Avenue South Residence should be able to benefit from the surrounding buildings especially in the Chinatown area.
Source: https://www.todayonline.com/singapore/conserving-historic-singapore-buildings-raises-value-nearby-homes-could-also-cause
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