A 21years old project (99yrs leasehold) probably will not be looking at any future upside. In addition, with $900k purchase price, your potential rental returns is going to be about $2500 if you are lucky.
I rather you consider projects nearer to Geylang especially the stretch nearer to Guillemard (where Waterina those few projects are) where traditionally, rental demand is good and is also near to amenities. The bonus is freehold tenure.
I do have a couple of listings within this area which are not put up online. Let me know if you are keen to explore as well as what is the bite size you are looking at in terms of outlay. Do not reply to this thread because we are not alerted for any responses posted here. Keep in touch via email or SMS through my mobile.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Claim your free home report today at http://bit.ly/ClaimFreeReport.
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My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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