Hi,
1) Your agent's advice showed his/her concern beyond just finding something you want.
2) You have to understand that EA/EM was built in the '90s, so it is easily 20+/30 yrs old.
3) Gov had stopped building any EA/EM in 1996. EC was then introduced to fill up this gap.
4) Note that EC can eventually be privatized and allowed to sell to foreigners and even have high chances to get enbloc by developers.
5) Buying an EA/EM does not have such an advantage as EC, and even without facilities like what EC is enjoying.
6) If you are merely buying it for its size, then it is understandable. Because this is one of the advantages of EA/EM and only jumbo flat can beat it, low maintenance cost is also one plus point as compared to EC.
7) So depends on which phase you are in at the moment, your 10 years plan in your property portfolio and your main objective in this purchase.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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