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Hi, appreciate your sharing base on the above, I will propose to walk around the area and feel the surrounding, which give you a come home feel before deciding which make more money. Overall Singapore properties had grown along the way, therefore since you are going for own stay, the best you walk around and feel it yourself before we looking at the investment or capital outlook.

Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Stewart-PropNex Read More

Hi,

This is a common freehold or leasehold questions i got alot from my clients, both have their pros and cons. It will also depends on what is your next property move?
Pls also note, 1 is in RCR and the other in CCR. Future capital appreciation will also defer.
There are also several factors i can share with you more in details with analysis to aid in your decision making.

If you would like to understand more, pls contact me at 9754 5207  or wa.me/6597545207.

Thanks!

Brendan Bay
Associate Marketing Manager Read More

Hi there, have you visited both project showflat? my suggestion would be go down and visit both showflat and also pay a visit to both sites. besides prices and lease, there are other factors that you might wish to consider such as developer, fixtures given, ease of getting to work and also potential price appreciation. we are actually the marketing agent for both projects and as such might be in a better position to advice which project might better suit you. looking forward to your call for a more detailed discussion and hopefully clear your doubt and help you make a more informed decision.
Cheers and Regards
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, I would assume that you have visited both the projects and both will have their pros and cons. And may I know what’s your time horizon and is this purchase going to be an investment or for long stay pls?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good morning,

A quick look at the starting prices of the 3 bedrooms in the 2 projects discussed, $2.524mil for PG and $3.31mil for Atelier. Imho, quantum wise, it will be easier to exit next time for PG since your future buyer who goes through the same scenario as you can still get a 3 bedroom within a $3mil budget at PG and may rule out going beyond $3.5mil.

Generally in my observation, for new projects freehold and leasehold status for the first 20 years does not seem to matter much for newer generations of buyers. But rather location, proximity to MRT and schools, amenities, layout, overall design, land size and communal space plays a stronger factor. In this instance, for a buyer who is indifferent between the 2 districts, PG may just check more boxes, and what more it is also a mixed development directly connected to MRT. It may be easier to exit next time a mid-size development like PG versus a boutique development such as A.

Farrer Park Hampshire Road is also undergoing transformation and will bring the spotlight back to PG's location in the next 5 to 10 years. There will be upcoming sports facilities and newer HDBs to rejuvenate this area, as well as the completion of the North-South Corridor. The land occupied by LTA currently is also zoned for residential development, and may sell at higher land prices next time. This narrative can give a overall boost to prices during your holding period as well.

A part of it depends on the layouts and units available as well. I'll be happy to share my inputs on the layouts you have chosen from an investment point of view. I am contactable at wa.me/6597432395 , look forward to hear from you soon!

May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends. Read More

Hi Sir/Mdm,

In my opinion, do not be overly concerned about the lease status of the properties because there are many examples of freehold properties that declined in value after 10 to 15 years period due to factors such as poor upkeep of properties, too high an entry point etc.

I personally would prefer Piccadilly Grand because of the location and the upside potential in the area due to the upcoming development in the surrounding. It has certain unique selling points that are hard to replicate and therefore I believe it will continue to be a strong draw to buyers and tenants in the many years to come.

Feel free to contact me so that I can understand your objectives better and do up a analysis for you so that you can have a better idea on which is a better project.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020 / 2022
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Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Hi Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Piccadilly Grand and The Atelier.

Freehold vs. Leasehold: The primary difference between The Atelier and Piccadilly Grand is that The Atelier is a freehold property, while Piccadilly Grand is a leasehold property with a 99-year lease. Freehold properties typically have higher resale values than leasehold properties, but this is not always the case. It is important to consider other factors such as location, age, and condition of the property when determining its resale value.

Location: Both Piccadilly Grand and The Atelier are located near KK Women's and Children's Hospital, which is a highly sought-after location due to its proximity to various amenities and services. However, it is also a densely populated area, and traffic can be a concern during peak hours. Therefore, you may want to consider the accessibility and convenience of the location before making a decision.

Quantum: Another important consideration is the quantum or the price of the property. The Atelier is a luxury development, and its price point may be higher than Piccadilly Grand. However, it is also important to look at the overall value of the property, which includes factors such as the age, condition, and facilities of the property.

Resale Value: As you mentioned, you may need to sell your property in 10-15 years if you choose to purchase Piccadilly Grand due to its leasehold status. Therefore, it is important to consider the potential resale value of the property and how it may appreciate over time. In addition, you may also want to consider the demand for rental properties in the area if you decide to rent out the property instead of selling it.

In summary, it is essential to carefully consider the factors mentioned above before making a decision between Piccadilly Grand and The Atelier. I strongly recommend that you engage a trusted property agent who can provide you with more detailed information on the properties and the area, as well as guide you through the decision-making process. Read More