Hello Christanto,
The answer to your question really depends on whether you are looking for an own stay or an investment grade unit.
Reasons, in D19, at the stated budget of $1.685Mil, some landed homes fall within that category already. Both of which are ideal for own stay purposes.
Secondly, the 2 named properties are both 99year leasehold properties, which will fare very differently from freehold properties in the long run.
Thirdly, the target market. Investing into 2 and 3 bedroom units in that development is excellent to capitalise on the proximity to the MRT station as we would expect their tenants to be doing so. However, for a large unit, and a tenant who can afford such a budget, do we really expect them to be taking the train? Thus, there is a premium here on the site that will be difficult to justify to them.
Based on the quantum that you were willing to use as an investment, there are FREEHOLD units in D9,10,11 that can fetch the equivalent rental of $7-8K, if not $8-9K per month.
Do feel free to speak to me more about this is you are keen, or feel free to have a look at your options in my website below.
Your Singapore Condo Specialist Team,
Mervin Tang
Senior Marketing Associates
Developer's Appointed Agency
Huttons Real Estate Group
Call Today:
(+65) 9184 0208
Website: http://www.sgcondospecialist.com
Sales Enquiry: enquiry@sgcondospecialist.com
Career Opportunities: career@sgcondospecialist.com
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