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.
Www.ivanng10.com Read More
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!
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171
(W): www.yttan.com Read More
we can share with you how this project can add value to your portfolio.
96305577 Read More
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?
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!
Another 2 exciting international projects awaits our dear investors.
1) El Tesoro, Houston: Already 70% sold with 100% tenancy. Minimum 8.5% yield. 3-4 bedrooms freehold apartments.
2) Parker Street, Liverpool: Studio or 1 bedroom apartment. Guaranteed 6% net yield for 5 years. Located in the heart of Liverpool City Centre.
Interested to own one in each project? Get in touch with us to find out more. Get your friends along too! Read More