Bukit Batok, a mature residential town in the west of Singapore, has been experiencing a surge in property demand over the past year. The primary driver behind this trend is the expansion plans of Tengah town, a new town being developed adjacent to Bukit Batok.

Tengah town is one of the most significant developments in Singapore’s history, spanning over 700 hectares of land. The new town will feature several residential precincts, each with its own unique character, catering to a wide range of lifestyles and needs. In addition, Tengah town will boast green spaces, parks, and recreational facilities, making it an attractive place to live and work.

The expansion of Tengah town has a direct impact on the demand for properties in Bukit Batok. As Tengah town continues to grow, there will be an increased need for infrastructure and services, such as schools, hospitals, and shopping malls. Bukit Batok, being a mature town, already has these amenities in place, making it an ideal location for those who want to enjoy the benefits of a new town while still being close to established amenities.

Altura EC offers buyers a 99-year leasehold Altura EC property at Bukit Batok West Avenue 8, with 375 units, close proximity to MRT, amenities, and schools.

Furthermore, the proximity of Bukit Batok to Tengah town makes it an attractive option for those working in the area. With the development of Tengah Industrial Park and the Jurong Innovation District, there will be a significant demand for housing from workers who prefer to live close to their workplace.

The demand for properties in Bukit Batok has been reflected in the property market. According to data from the Urban Redevelopment Authority (URA), the median price of non-landed private homes in Bukit Batok has increased by 9.3% in the past year, from S$1,270 per square foot (psf) in Q4 2020 to S$1,388 psf in Q4 2021.

The HDB resale market in Bukit Batok has also seen an increase in demand. According to data from the Housing and Development Board (HDB), the median resale price of HDB flats in Bukit Batok has increased by 6.2% in the past year, from S$408,000 in Q4 2020 to S$433,000 in Q4 2021.

The increase in property prices in Bukit Batok has made it an attractive option for property investors. The rental yield for properties in Bukit Batok is also relatively high compared to other mature estates in Singapore, making it an attractive option for those looking to invest in rental properties.

In conclusion, the expansion plans of Tengah town have driven the demand for properties in Bukit Batok. As Tengah town continues to grow, the need for infrastructure and services will increase, making Bukit Batok an attractive location for those who want to enjoy the benefits of a new town while still being close to established amenities. The increase in property prices in Bukit Batok has also made it an attractive option for property investors. With the continued growth of Tengah town, we can expect the demand for properties in Bukit Batok to continue to rise in the coming years.