Over the past few weeks, there has been a spate of good and bad news.

One good news is that the new 6 Cross Island Line Phase 2 MRT stations were announced, so homeowners near those stations will have something to rejoice about.

However, the bad news is the cooling measures which came into effect on Sept 30, 2022. Anyone who has sold a private property will have to wait 15 months from the date of sale before being able to purchase an HDB flat. This may have caught many potential homebuyers (and sellers) flat-footed.

Fortunately for some, the restrictions do not apply to homebuyers who are 55 years old and above. If you’re in this demographic, you are still eligible to buy an HDB resale flat, except not 5-room or executive flats. The rationale is that you are downgrading to a smaller flat, say a 4-room, for retirement or to feel less isolated after your children have grown up and left (empty nest syndrome).

Of course, why settle for any location when you can potentially stay near an upcoming train station or interchange? Better yet, we’ve located a few options near the upcoming CRL Phase 2 stations.

Maju MRT station (CR16)

Completed in 1984 with about 61 years of lease remaining, Clementi’s Sunset Way Residence is one of the closest residences to the upcoming Maju station. We estimate that when the Maju station is completed, the nearest exit will be approximately 200 metres away near where Maju Drive meets Clementi Road.