When looking over a wide variety of properties and their aspects, one thing constantly stands out from the crowd – accessibility. Many properties try to pitch themselves based on this, and so you may be wondering – what is accessibility, and why is it so important? Let’s take a closer look.
To put it in a more simple way, accessibility can be split into two words “reach” and “convenience.” In other words, how many other places can you “reach” from the property, and how much trouble will you take in the process? Obviously someone living in a remote area would have problems with both. The ideal would be being able to visit the places that you want simply within walking distance! More realistically, we will usually have to take an MRT or Bus, and depending on how the public transport lines are developed, this can be more difficult for some location compared to others.
So what kind of places are people who look for property interested in? Here are some categories you may consider.
Work: Singaporeans are some of the most industrious and hardworking citizens in the world. Therefore, we are always looking for much faster and convenient ways to access our working zone. After all, when you are already working 9+ hours a day, you don’t want to take a 2 hour bus drive each trip, do you? You’ll probably end up dead tired at the end of the day! Therefore, look for areas that are within 30-1h distance with the area of your interested job, for example Seletar Aerospace Park for engineers.
Entertainment: All work and no play make Jack a dull boy. Unless you plan to be a hermit who only stays in your house all day, you need some entertainment to unwind and relax once in a while. Therefore, looking out for at least 1 nearby Shopping Mall or other entertainment zones will provide you with what you need to release your stress and help you get through another day.
Shopping: In a civilized society, we need to buy things to survive. Whether it be food, groceries and other necessities, it is nice to have access to a nearby Supermarket or Shopping Centre to fulfil your needs.
Education: For those who plan to raise a family, education is extremely important. Most parents, we hope, will not settle for any school just because they are nearby! Instead, they will try to go for the highest, most prestigious school that they can afford. But what if you could combine the best of both worlds? Indeed, being in close proximity to prestigious schools will grant you both convenience and ease of mind knowing your child is receiving the best education money can receive!
Analyse which of these that your property has access to and you will find that you will make much more solid investments – that is our advice to those seeking to join the world of the property market.
We hope this information has been helpful for any future investment plans you may have? Looking for more interesting properties to acquire? Come browse our website for more information!
