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Hi everyone, I am zooming in on potentially a purchase of a unit in Amaryllis Ville (Newton). Wondering if anyone can provide any insights into this establishment on whether it is still a good purchase seeing as 18 years have passed on a 99 year lease? I am currently leasing here and enjoying the stay.
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4 Answers

Hi,

May I know if you have plans to stay long term in this development? Or is there a chance you may shift again in the next 3 to 5 years. May I also know the unit type & the number of rooms you are looking at? As its a leasehold development with 74 years balance lease, the exit point may be one of the consideration and you may have to factor in when to exit for the planning.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, if you proceed with this purchase, then there will be a likelihood of a negative sale should you decide to sell one day.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Why are you looking into purchasing a unit in this project given your existing concerns? While you enjoy the stay in this project, you can still potentially purchase a unit in another project that potentially gives you better returns through renting out that property and getting a better appreciation potential, while you still enjoy your stay here in Amaryllis Ville. Will that be an option to consider?

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi,

1) There are 24 private developments within Newton vicinity including 3 new launches selling now.
2) There are three 99 years of leasehold properties among all the freehold.
3) Amaryllis Ville is one of 4 properties that are more than 20 yrs old.
4) I have to remind you that the 99 years starting from 1997, and not from the TOP year. Therefore I said this is one of the properties that are more than 20 yrs.
5) A home is a place that you feel comfortable and happy in despite whether the seller is making a huge profit from it.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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