Asked by Mrs K
I have recently sold my HDB flat and will like to invest in private properties. Given my budget constraint, I can either afford a 1 or 2 BR in district 9, 10 or 11, or invest in a 3 BR in a suburban area for rental.
Recently launched development units are small in size, I foresee size will be a premium in future, hence buying a bigger unit in suburban area seems to be make sense. With recent mass launch of units in suburban areas, competition may be stiff for the rental marketing years to come.
Prices in prime areas have dipped in the last quarter hence it is also a pull factor to invest in a prime district which we will not be able to do likewise in future when prices start to rocket again.
I look forward hearing to well meaning advise.
Recently launched development units are small in size, I foresee size will be a premium in future, hence buying a bigger unit in suburban area seems to be make sense. With recent mass launch of units in suburban areas, competition may be stiff for the rental marketing years to come.
Prices in prime areas have dipped in the last quarter hence it is also a pull factor to invest in a prime district which we will not be able to do likewise in future when prices start to rocket again.
I look forward hearing to well meaning advise.
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