All About District 13
A location mid-way between the central business district and the east has brought District 13 into the limelight, with a flurry of recent development activity showing no signs of stopping anytime soon.
HDBs in Potong Pasir are recognisable by their sloping roof lines.
As the debate over city versus east coast living rages, District 13 sits nestled within easy access of both areas, a haven for those who strive to balance a busy work life with quality time outdoors.
Comprising MacPherson, Potong Pasir and parts of Braddell, the District is well-serviced by public transport, enjoys good road connectivity and is close to several major schools as well as East Coast Park.
Potong Pasir MRT station connects commuters via the North-East line; other District 13 stations connect to the East-West and Circle lines.
District 13 is surrounded by the Pan Island Expressway (PIE), Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE) while MRT stations at Potong Pasir, Aljunied, Tai Seng and Paya Lebar provide access to the underground rail network.
While traditionally the area was home to some of Singapore’s poorest residents, recent developments, both because of and as well as, its city fringe location have seen the area undergo a substantial transformation.
Private property development in the area has seen a surge in the volume of sales, with April recording 568 private property transactions – mainly for sales at Bartley Ridge (352) and Sennett Residences (163).
Price-wise, housing estates in the surrounding areas of Geylang and Toa Payoh attracted average prices per square foot (psf) of around S$489 and S$467 respectively in 2012, in comparison to the most expensive prices in Districts 1 and 2 (around S$675 psf) and the least expensive in District 25 (S$378 psf).
In the private housing market, average psf prices in District 13 were S$1,223 in 2012, while District 6 fetched the highest prices (S$2,720 psf) and Districts 17, 18, 19, 25, 27, 19, 22 and 23 were all priced below S$1,000 psf.
A new mixed-use (residential/retail) project planned for the area is set to further concrete this mid-tier price bracket when 266 residential units are launched at an average price of S$1,450 psf.
With the ongoing transformation of the area around Potong Pasir MRT station into a key private residential enclave close to the city, we expect this integrated project – which offers exclusivity, connectivity and unparalleled convenience – to be highly sought after by both discerning homebuyers and savvy investors.