Singapore: Homes in Tengah within 1 km of the relocated Anglo-Chinese School (Primary) may sell for up to 15% more than other units in the neighborhood due to the high demand for properties near popular schools, according to real estate analysts. In 2030, ACS (Primary), which is currently located off Bukit Timah Road on Barker Road, will relocate to Tengah, according to the Ministry of Education (MOE). After the relocation, girls will begin enrolling at the boys' school as well.
The new location is close to public housing developments still under construction, including Tengah Plantation and the Copen Grand executive condominium.
According to Ms. Christine Sun, senior vice president of research & analytics at OrangeTee & Tie, "In Singapore, many parents go to great lengths to secure a place in good schools by renting or paying top dollar for a nearby property." "More people appear to be buying or renting homes near good schools since MOE's recent change of allocating more spaces to Phase 2C." Children without any affiliations with a school should register for school in Phase 2C. Priority is given to Singaporeans in this phase who live less than one kilometer from the school.
Read the full article on Channel News Asia
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