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Borneo Bulletin Yearbook 2020
relays information on planning policy for the
respective zone through a geoportal system
at the Survey Department. The policy can be
used as a guide by the public to plan their
development within the respective zone.
Residential Property Price Index
The Residential Property Price Index (RPPI) is
designed to measure the change in the average
level of prices paid by households for residential
properties sold in Brunei Darussalam. AMBD
recently published the country’s RPPI for the
third quarter of 2019.
Issued last December, the RPPI for the third
quarter of 2019 was at 95.4, an increase of
11.6 per cent from the third quarter of 2018.
According to the report by AMBD, 108
transactions were recorded for residential
properties. Most of the transactions were
for detached houses (54.63 per cent). The
remaining transactions were for terrace houses
(18.52 per cent), semi-detached houses (17.59
per cent), apartments (8.33 per cent) and land
(0.93 per cent).
Meanwhile, the median purchase price for
residential properties was BND260,000. For
detached houses, the median purchase price
was BND288,000. The remaining median
purchase prices for specific types of properties
are as follows: BND290,000 for semi-detached
houses; BND205,000 for terrace houses;
BND190,000 for apartments; and BND85,000
for land.
The overall median purchase price of
residential properties in the third quarter of
2019 was higher by four per cent compared to
a year ago.
Modern riverside living
One Riverside is Brunei's first luxury residential
and commercial development set by the river.
Situated in the heart of Gadong, facing Sungai
Kedayan and Sungai Menglait, the integrated
development redefines riverside living in
Brunei. With its ambience and scenic view,
One Riverside brings a unique experience for
locals and visitors.
One Riverside is linked to the nearby
commercial hub, Kiulap, via a pedestrian bridge.
The development comprises 84 condominium
units, private courtyard gardens, a riverside
promenade and 18 commercial units.
Brunei’s premier supermarket, Supa Save,
opened its fourth branch at One Riverside in
March 2019. Patrons can also find popular
eateries like Amsarra, Bloom Café, Chocolate
Origins, Coffee Bean, Iskandar, Excapade
and Ximply Chriz at One Riverside. Sports
enthusiasts will enjoy shopping at Cycle
Nation or Under Armour. There is also a florist,
Bloom Project Co, at the site.
The latest addition to One Riverside are TKO,
a boutique gym and The Copper Kitchen which
is located on the ground floor of TKO Fitness.