AskGuru Q&A Community

Hi Mr. Adrian,

Citygate with its close proximity to CBD and 2 MRT stations, and a retail/commercial component, will hardly lack tenants. Units are also at an affordable quantum.

Since you have already set your sights on this project, you must have done a lot of research, I need not elaborate too much on citygate. May I know what's the concern holding you back? It is best I share with the data and figures so you feel more assured before committing, and also to share my 2 cents on whether it is a good time to invest now. Will also be glad to share the value-buys of this project. Thanks and hope to have the opportunity to work with you.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More

Good morning Adrian,

Citygate is located strategically with MRTs and City within reach. Not a bad choice.

But I am not sure whether are you going for capital appreciation or rental income.

If you are going for capital appreciation, you definitely have to go for new launch.

You will be on equal grounds with the 1st owners of the project on pricing if you decide to sell one day.

If you decide to purchase a resale unit, it will be competitively challenging on pricing. For instance, you are looking to sell at $1.6M while 1st owner can ask for $1.5M as he has more room for price negotiation (more profit as 1st owner).

But do take note, chances of huge capital appreciation are lower nowadays compared to those days.

If you are looking at instant returns, probably you have to look at resale units. You can get rental income back on your investment straight away, don't have to wait for new launch to be constructed in a few years' time and when it TOP, you have to fight for tenants with other landlords.

So you have to weigh the pros and cons between new launch and resale unit.

If you need any assistance in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

We are one of the marketing agency in Citygate.

we can share with you how this project can add value to your portfolio.

Wilson leong
 96305577  Read More

Hi Adrian,

A good time for investment is when you have the right funds for investment and the product which you are investing in can project an attractive returns to you as an investor. As investment is always associated with risks, what is your risk appetite in this case? If we may know more about your risk appetite and the funds available for this investment, we can perhaps talk more about what are your other options?

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Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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