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Dear experts, I realised that the medical hub in novena and Zhong Shan Park in Balestier are currently undergoing development. Can I know these developments' impact on property prices around Novena and Balestier areas?

Would it be wise to snap up condos in those areas now before the developments are completed or should I wait for mkt to soften abit first?

Thanks for your professional advices!
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2 Answers

Hi Jordan, you mention that you are waiting for the market to soften. Is there any specific event you are waiting for? It would require a global-scale financial distress for the property market in Singapore to register a slight decrease in price.

My advice for investment property is to buy within your means, dont over-leverage with the loan, and hold the property until the price is good to sell. There is no point, and many sleepless nights, trying to time the market.

There are several new launches in the areas you are eyeing within the next month. Do keep a lookout. Once the details are confirmed, agents will swarm propertyguru with advertisements.

Thanks!

Regards,
Richard Wan
Black Diamond Real Estate
richardwan@live.com
 94363793  Read More
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