A lot of people are investing overseas today. This is because they recognise that there is often a much bigger profit potential if they invest in property in another country. Not only this, but you will benefit from a property that you can use for holidays and you could even retire there in the future. However, the success of this investment all depends on where in the world you decide to make a purchase. We will explore one of the better options in this blog post.
If you are looking for relocate or for a good real estate investment opportunity, you may be considering Ang Mo Kio. Often shortened to AMK, this is a residential town and planning area that is located in Singapore’s North-East Region. In the country, it is the 8th most populated planning area, and the third most populated in the region. The area was commercialised throughout the mid-70s and 80s. A lot of start-up businesses established themselves here, and such companies remain prominent today. So, what is it like to live in the area? Let’s take a look in further detail…
Overview of Ang Mo Kio
Ang Mo Kio is a great spot for families, as well as empty nesters, retirees, and couples without kids. This is because it has something for everyone. This includes 223 shops, 109 restaurants, 14 fitness centres, 24 grocery stores/supermarkets, and six nightlife options. Not only this, but it is rated excellent in terms of both walkability and public transport, so you will have no trouble getting around.
There are lots of other great places nearby as well. Bukit Batok property comes to mind. This is an area situated 20 minutes away from Ang Mo Kio. It is a matured residential town and planning area. It is often described as an underrated residential gem. The lush greenery and the secondary forest provide the perfect place to enjoy a relaxed and serene lifestyle. Therefore, if you are interested in investing in the Ang Mo Kio area, it is certainly worth extending your net a little bit wider so that you can see what else is available.
Schools and transport
Known as a tame city, Ang Mo Kio attracts a lot of families due to the nice nature of the area. There are also a number of primary, secondary, and tertiary schools here, so you will not need to travel far for your child’s education. Nevertheless, as mentioned, the public transport here is exceptional. There are two MRT stations that service the area – Ang Mo Kio and Yio Chu Kang – as well as a number of different public bus lines. This makes it easy for you to get to any of the neighbouring cities. This makes it a good place to relocate if you are a professional as well. You can easily commute to your job in another city. This makes Singapore such a good option for those who are looking for an opportunity to move abroad now – not just those looking to make some extra rental income. Nonetheless, the good transport lines are beneficial in that regard too. After all, it will mean that more people are going to be attracted to your property, so you will have a bigger pool of potential renters to choose from.
Accommodation and shopping
There is a good selection of accommodation in Ang Mo Kio for travellers. This includes a lot of HDB flats, many of which have been newly refurbished, as well as apartments, and condominium complexes. The Ang Mo Kio Hub is a large suburban shopping mall that has a wide range of restaurant dining options and, of course, a huge assortment of shops. The town is bordered on the west by the Lower Peirce Reservoir and parklands, on the south by Upper Thomson, Marymount, and Bishan East, on the east by Serangoon, and on the north by Yio Chu Kang.
All in all, Ang Mo Kio is certainly a town that has lots to offer, with great accessibility and a friendly vibe. Nevertheless, it does not have the dreaded hustle and bustle that comes with a lot of other places in Singapore, making it a great place for all ages.