Hi Kousi,
Thank you for your query!
With your given budget, you have a varied range of options to consider from. In view of the weak market sentiments, there are high discounts and firesales as high as 31% across the prime areas ongoing. As to which project you should leverage on depends on your investment objectives and rate of returns/ rental yield.
For example, you could consider a project in the heart of Marina - mins walk to MRT/5 mins from Marina Bay : pitted to fetch a whooping projected rental yield of 4.8%-5.3% for a 2BR Dual Key. A prime property in D10 is going for fireales as high as 18%, with 1 BR going at $1.1x as well as a property in Prime D11 at a whooping 31% discount from price list. As evident, you do have many options.
Perhaps you can share more on your requirements so that I can advise which property will enhance your property portfolio. Location and rental remains the key element to an investment venture.
Furthermore, there is NO agent fees involved! So you can take this opportunity to discuss more on your preferences & for me to give an entire overview and share more insights to the market, chart out the market price analysis and recent sales transaction caveats, work out comprehensive financial cash projections and provide you with up to date information to the procedural steps and its associated wings- financial (loan) , legal matters etc.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#1 team of ERA in Singapore, Asia Pacific International for 2014.
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