Hi Mrs Ting,
Buying a condo, location is v impt. The fact is that the condo happen to be located far from many key areas in sg since it is v north area and the greater impact is caused by the far distance from the central area of yishun.. This resulted in a slow upwards price movement as demand is not really there.
For EM & EA units, they are much nearer to mrt, esp at blk 300+ and 800+. As number of upgraders increases, practical mindset is more convenient location esp work hours stretches and time saving for daily travelling is more crucial. Owning a unit near central region can also preserve its future value and higher rental returns if they ever want to rent it out, bcos demand for convenient will always be there. They don't mind to offer higher cov, and usually big hdb units in many parts of sg command high cov.. this leads to higher valuation for subsequent similar units and also creating a constant positive upwards movement for the prices for EA and EM. It may sounds direct, but is a v practical and honest view from my analysis. Sorry if it doesn't suits ur ear, but I have to share my true understanding with you. Whether to hold on to the property or not.. I can share with u more if u want to hear my views and reasoning. Anyway, I stay in yishun for 25 years and we can meet conveniently.
Wish you a great weekend ahead.
Yours faithfully,
Raymond Tan
Hp:
83369187
Email: raymondmindlink@gmail.com
Senior Director Mindlink Realty
Bachelor in Engineer (NTU)
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