6 Answers

Aaron Chong
Hi, a 2 bedroom at Eden is around 750k and due to the market sentiment, I believe that you could pressed down the price further. Different condo will have their pros and cons and due to the future development of the surrounding at Eden Condo, you may not have much difficulty selling the unit at all. I'm staying at Tampines and tend to focus around this area. Pls feel free to let me know if you need any assistance.

Regards
Aaron
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aaronchong2774@yahoo.com.sg
YT Tan (陈永达)
Good morning Ng,

Good reference for a property valuation will be from past transactions or by obtaining bank indicatives. As there's no recent past transactions for 2 bedders there so you probably might want to obtain bank valuation after viewing.

And of course development will depreciate over time but with the upcoming MRT and with the government making Tampines even super happening, I think this development will still have its selling point in the future.

Feel free to contact me if you need any assistance or advice in your property purchase.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
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Soh Huan Yao (Stanley)
Hi Ng,
I have to ask, what is the purpose of buying The Eden? For own stay? for investment? or both? If you are planning to sell later, what is the projected years before you sell? 5?10?15?
As you already know, this development is already close to 15 yrs, as a 99 yr tenure property, the chance of price going up decreases with age. The last transacted 2 bed is 2 yrs ago, so what would be the reason that no one is letting go? Even as you search for listing, there are less than 5 listings for the 2 bed there.
My advise is that if you are looking for long term stay there and you are comfortable in the surrounding go ahead and buy and worry about selling later. if you ratio to investment is higher then own stay, I would advise against buying it unless you are looking for rental gains.
Honestly, if you can get $800k below for a 2 bedroom that size, it is a bargain in today's market.
Call me to find out more alternative.

Regards
Stanley Soh
HP:93270274
email: stanley.sohhy@gmail.com
web: http://www.thenewcondosg.com
D. Kumar
Hi,

The units are priced around $750k, however, we can get a clearer indicative from the banks. Perhaps you can share why exactly are you targeting Eden to work out the best available unit in accordance to your requirements. Sure, Tampines is set to witness a growth and massive transformation; with the upcoming MRT and regional centre which will ultimately buffer the property prices in that region.

If you are not solely fixated on Eden, why not explore younger yet profitable surrounding projects. Purchase should also encompass a own stay cum capital upswing objective ; and in this case, I could probably conduct a comprehensive sales report with recent caveats to chart out a price analysis to illustrate if Eden or surrounding properties best fits your criteria.

Do contact me for a non obligatory discussion and I will be glad to offer my insights to the market and assist in your purchase at no fees that too!

D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com

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Geryl Lim
Hi Ng,

All real estate purchases comes along with risk of inability to liquidate when required, therefore the factor that affects liquidity of a property is usually its price. Judgement, due diligence and advise from a real estate salesperson should be considered and done before making a decision to purchase. We can take past transactions in the project as a reference but never read too much into these data as it is already history. More importantly, if you like that particular unit, the valuation can match up with the asking price which in turn, is within your affordability, it will be considered a decent purchase.

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Regards,

Geryl LIM
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M.O.R.E Property Pte Ltd (L3010548F)
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Belinda Zhao
if lease is a concern why not consider those nearby FH projects?
price is not much difference.

Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.

Warmest regards
Belinda Zhao
Senior Marketing Consultant
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/