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Hey, I'm a foreigner on a EP and looking to buy/invest into a property (pte apartment or condo) with a budget of SG$600 K. I am not too familiar with the property market in Singapore therefore, I have two queries I would like to pose. 1) Whether this is the right time to be investing? As I heard property prices are forecasted to be falling in the foreseeable future. 2) Which area(s) should have a maximum capital gain on the investment? I've been recommended to look with district 15/16 and the Yishun area. I do realize these are very basic/general questions although I would appreciate some insight in the property market. I look forward to hearing from you. Thanks. V.A

Posted by V A on Mar 17, 2008 in General Questions | 3063 Views

Latest Answers by Real Estate Professionals (13 Answers)

Lynn Tan
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Answer Posted on Apr 27, 2009
Hi Mr V.A,

Here's a property at District 15 that meets your budget:

Naturalis @ Telok Kurau Lor M / (Main) Still Rd
Freehold @ Prime District 15!!

The right cosy Home for you! A distinctive development complete with a kaleidoscope of flowering plants, lush greenery and cascading waterfall.

1 Block, 5 Storeys, 43units

Unit types:
1 Bedroom from 517 to 667sqft ($5xx k)

2 Bedrooms 764 / 807 / 904sqft ($6xx k)
Choice units with pool view are available.

Facilities: Swimming pool, wading pool, BBQ area, fitness area

Amenities:
Mins to Eunos / Kembangan Mrt, shopping malls, eateries @ East Coast Rd, ECP, PIE and good schools.

For enquires, pls call
Lynn Tan
Huttons Real Estate Group
Tel: 8225-5986
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Justin Szeto
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Answer Posted on Jan 21, 2009
Hi
With your budget you could buy a 2 bedroom 936sq ft bayshore park condominium. I have one currently.

This development is in district 16

The rental potential is great for this area.

do feel free to contact me at 96609900 for a viewing.

regards

Justin Szeto
amszeto@singnet.com.sg
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Answer Posted on Aug 26, 2008
Hi VA, you shd engage a "property analysis". These people study the market very closely and do forecasting. Generally, they advise the Govt, Pte Developers, Bankers, and so on. Of course you must pay for the services of the "Property Analysis". Its a small price compared to the "potential savings" you may enjoy when u buy in the correct market. Generally most Pty Agents (including myself) are probably NOT qualified or trained to predict the best market sentiments for you. Rgds & Best Wishes. Ravin 9798-5917 fr KNIGHT FRANK
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Gim Si Khoo
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Answer Posted on Aug 18, 2008
Hi V.A

I have properties in the west that is within your budget. Feel free to contact me as regards to the properties.

Khoo Gim Si
93630398
ERA
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Tang Regina
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Answer Posted on Aug 15, 2008
HI VA! THAT SHOULD NOT B A PROBLEM! FEEL FREE 2 CONTACT ME 2 NOE MORE.

YOUR FRIENDLY AGENT
8388 1000
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Joseph Ong Chee Chuan
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Answer Posted on Jul 21, 2008
Hi VA,

Property in the market at present to holding and why not wait for year end or next year to c the market dropping or not as it now stand still.

Joseph Ong
97834542
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ng elizabeth
Contact Agentorangearrow
Answer Posted on Jul 8, 2008
Your budget $600k. I have one at the east side Azalea Park, 6No. 6 Flora Road, 2nd floor
2 bedroom 850 sq ft. You may contact me at 96807598 elizabeth ng era agt.
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Sri Minarsih
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Answer Posted on Jun 8, 2008
Dear V A,
Are you still looking for property investment in Yishun area? If so, I would recommend you The Yishun Emerald. for more details pls contact me (+65 97103717)
Regards
Sri Minarsih
DTL property Network Pte Ltd
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Patrick Oei
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Answer Posted on Apr 28, 2008
hi Mr VA,

will be elated to assist you. I have a lot of new project launches from as low as %5xxK with interest absorption. Do click New Project Launches on my website.

Do call or email me .
regards

Patrick Oei
Group Director
PatCondo@gmail.com
Huttons Real Estate Group
81 82 1338
www.PatrickOei.com
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Ng Vincent
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Answer Posted on Mar 24, 2008
Hi VA, with a budget of $600k you are probably looking at the mass market properties which attracts a lot of HDB upgraders. Right now, this sector is pretty bouyant as you see the HDB resales are doing well.This time round I have not seen any panicked selling yet but some
owners for some reasons might be willing to negotiate.Frankly,as to whether prices will go down in the next few months, I think it is a question of "confidence" and "affordability". It is still anyone's guess.
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Evonne J.Y. Yeo
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Answer Posted on Mar 19, 2008
1)HI VA,
Yes now would probably be a good time to buy as the market will be softening over the next few months and sellers are also starting to lower their prices.

2) To be on the safe side, do focus on properties can are easier to resell or for investments, which are D9, D1/8(sail and kallang area) and yes if affordable, a good bet would be the Sentosa IR area.Seaview units in D15-16 have good resale value.

Do view all my listings at www.propertyqueen.net
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Howard Teo
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Answer Posted on Mar 18, 2008
Hi there,

To answer your questions,
1)Whether this is the best time to invest, some projects are selling well but some has no transactions going on.It's more on investing in the right project rather than to time the market.

2)The optimum choices are areas located near to business developments such as Novena(Medical Hub), Kallang(Sports Hub) & areas near the Integrated Resorts.

I recommend The Verve @ Jalan Rajah.

From $540k onwards. Estimated completion in 2011.

Check out my listing @

http://www.propertyguru.com.sg/listing/64518/For-Sale-The-Verve-Residence

Have a nice day
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Noel Dzhurynskaya - dreamhome
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Answer Posted on Mar 17, 2008
Hi Mr V.A,

According to your budget $600k you may like to try at Yishun area coz D.15/16 apparently you hardly can find any of the property for the price of $600k.

Following link (copy & paste)you would like to check our good recmmendation for areas to invest:

http://www.propertyguru.com.sg/question/1/Any-good-recommendations-for-areas-to-invest-where

Thank you & have a nice day!
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