Are you looking for a flat that is well-located within walking distance of an MRT station? The bad news is you should be willing to pay 10% to 20% more than you would for a home a few bus stops away from a station.
HDB flats with this privilege have their valuations alone jacked up by at least $20,000 or $30,000, and buyers often pay even more in cash on top of that. The most popular HDB flats near MRT stations are those close to town, such as in the Tiong Bahru, Redhill and Queenstown areas. Condominiums near MRT stations can command a premium of up to 20 per cent over similar units a bit further away.
Take a look at this interesting map to get a rough idea how much you should expect to pay for flats near different MRT stations.
Source: Lushhomemeida.com
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