4 Answers

Hi Steve,

PES or ground floor unit caters to a very niche pool of buyers. On one hand, buyer groups come from such as (those with pets/ families who like to host big gatherings and appreciate the outdoor dining area/families who find such units similar to landed style living/ immediate access to facilities such as pool). On the other, there are those who are not comfortable with the lack of privacy, lack of views and also higher absolute price quantum (as Private Enclosed Space is typically bigger than the balcony units)

Hence, you are looking at a very specific pool of buyers. Whether it affects resale demand is a bit subjective. Which project are you considering? Perhaps I can try to think from your perspective and give you my 2 cents point of view. Thanks and hope to value-add to your EC plans further.

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Ivan Ng
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Hi Steve, for condo and EC wise, PES unit is one of the popular choices and most of the time, these are the units that would be sold first or faster than the rest. Perhaps I could share with you more of my thoughts via email. Pls feel free to let me know if you need any assistance.

Regards
Aaron
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Hi Steve,

It is unlikely that the value of property will be affected by the PES or balcony. If you ask me, apart from what Ivan has indicated about lacking privacy for PES unit or insects, there are only that limited number of PES units available in any projects for this niche group of buyers, therefore there will be good chance for you to command a premium from the next prospective purchaser of your place, whereas the supply of conventional units with balcony will be higher and therefore lead to price erosion.

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Geryl LIM
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Hi,

The choice depends on your preference and most importantly objectives. I have recently concluded a couple of EC sales and would be glad to assist similarly. To add, there is no agent fees involved in the purchase and I will walk you through the entire process step by step ; from shortlisting to negotiation to paperwork to admin/legal matters and more! Do visit my website for my latest awards and testimonials @ www.kumarrai.com. Thanks!

D Kumar
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ERA Associate Division Director
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