Hello property gurus,
Am looking at buying a freehold property in one of the northern suburbs.Given the looming recession wave that might get to asia, is it advicable to hold out for a while longer? Thank you!
Posted by property "gun-do" on Mar 7, 2008 in General Questions | 736 Views
Latest Answers by Real Estate Professionals (1 Answers)
Answer Posted on Mar 7, 2008
Well, it will all depend on whether there is high resale value for the project. The Numero Uno factor which affects the resale value is location. The other factor is whether the project is outrageously overpriced. You will have to compare all the stats & figures for projects in the same district.
One example is Woodsgrove Estate in Woodlands, although it is 99 years leasehold yet there was one corner terrace in Cedarwood grove sold for 1.6m last mth. Despite the fluctuation in the stock market. Due to it's location near the Singapore American School.
You got to choose a project with good attributes to see appreciation in resale value. Check out the listings which I posted. You can consider the Verve in Jalan Rajah. Also feel free to contact me to get a comprehensive market report.
One example is Woodsgrove Estate in Woodlands, although it is 99 years leasehold yet there was one corner terrace in Cedarwood grove sold for 1.6m last mth. Despite the fluctuation in the stock market. Due to it's location near the Singapore American School.
You got to choose a project with good attributes to see appreciation in resale value. Check out the listings which I posted. You can consider the Verve in Jalan Rajah. Also feel free to contact me to get a comprehensive market report.
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