AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi There, i intend to buy a property at the east coast area. I need advice as to whether it is worth taking the gamble on properties like bayshore Park, Mandarin Gardens & Lagoon View considering that their lease is 99 yrs & they are already 25-35yr old properties. Will i still make a profit if i purchase it now?
0 •
656 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Radhika Prakash
Replied
Hello Desh,

May i request you to call me on 93380071  and i shall discuss the pros and cons in buying a older property.

Regards,

Radhika Prakash
DTZ Debenham Tie Leung
Global Realtor
EX Banker
 93380071  Read More
0
Upvote Upvoted
Geryl Lim
Replied
Hi Desh,

You have already identified the negative aspects of these properties so why are you still considering them regardless of own stay or investment?

I can only think that such properties are affordable as compared to other newer projects with similar features like boating sea view. Otherwise, why are you not considering something new like an apartment?

I have a freehold walk up apartment in D15 along Joo Chiat 1066sqf looking at only $1m slight negotiable.

If you are keen to explore, let me know.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions