As a single 35-year-old considering property options in Singapore, you're faced with an interesting choice. Let's break it down:
1. **Prime Location House (PLH)**:
- These are new flats built in central locations like the city center or the Greater Southern Waterfront.
- They have shorter leases (around 50 years).
- The Prime Location Public Housing (PLH) model ensures affordability and accessibility for Singaporeans³.
- Consider PLH if you value convenience, proximity to amenities, and a central lifestyle.
2. **Off-Location/Newer Estate**:
- These are flats in newer estates, often with longer leases.
- While they might be more affordable, they're farther from the city center.
- Consider this option if you prioritize a longer lease, cost-effectiveness, and don't mind a slightly longer commute.
3. **Factors to Weigh**:
- **Lease Duration**: Shorter lease means you'll need to consider lease decay and potential lease buyback.
- **Location**: Think about your daily needs, work, and lifestyle preferences.
- **Budget**: Assess your financial capacity and long-term plans.
- **Investment Perspective**: Consider potential appreciation and resale value.
Remember, there's no one-size-fits-all answer. Evaluate your priorities, consult experts, and make an informed decision based on your unique circumstances.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
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"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : )
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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