My view is Southbank would be a better investment. A studio at Southbank would cost less in total quantum, yet fetch a higher rental than Casa Merah. Therefore, rental yield at Southbank would be better.
However, as a two bedroom has bigger sq footage, per $100 increase in price per square foot would yield more increase in capital gain. Still, the likely hood of huge increases is still more possible in city fringe projects than one in district 16. Makes sense Joanne?
Finally, South Bank is just opposite Kallang River, part of what is known as the Greater Marina Bay area. There would be much more future development potential in this area than at Casa Merah. The future sports hub, various hotels, Gardens at Marina Bay, and possibly one or two more residential projects in the future. 5 years down the road, I'd say is a good time to reap your capital gains then.
Call me. We'll discuss more. The thought of it excites me.
Best Regards,
Anthony Tan
Propnex Realty Pte Ltd
96936996 mytrustedrealtors@gmail.com
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