7 Answers

Geryl Lim
Dear buyer, It will greatly depends on your interest. Are you currently on rental? If yes, when does your rental expire and should you be making a purchase right now for a project still under construction, are you able to service both the instalments for the purchase as well as the monthly rental? There is no deferred payment scheme allowed therefore this will be a critical point. A brand new project purchased during project launch will usually command better capital gains than 1 that is already completed, however, the setback will be you having to start paying interest of your loan without enjoyment of the property you have purchased. For me, I prefer new therefore I will go for an affordable brand new unit wherever possible. There are a couple of projects relatively new in Lakeside that has already TOPed and a couple of slightly older projects for your choose from too. From Caspian, Lakefront Residences (almost TOP), Lakeholmz, Parc Vista, all these projects are attractive. Perhaps I can help in matching 1 unit for you? Do bear in mind that additional buyers' stamp duty is applicable for your purchase since you are a PR. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More

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YT Tan (陈永达)
Good afternoon, Normally resale property will be much expensive compared to new launch but you will have to wait at least 3 years for new launch to be constructed. If you have a temporary accommodation for next 2 to 3 years and you hope to fetch the highest capital appreciation gain as possible, I will recommend you to go for new launch cause resale property won't appreciate that much anymore. FYI there is a new launch near Lakeside MRT. Lakeville show flat will be ready by this Sat. If you are keen, I can send you the information about the project first and fix an appointment for you. Indicative pricing is still not out yet. Btw to take note that you will be subject to 5% additional buyer's stamp duty as a SPR. FYI I am a Jurong West resident for almost three decades. With the government grooming this area as the next neighborhood CBD area, there will be a lot potential in capital appreciation for all these new launches in future. Hope I am able to partner you with your property purchase. Hear from you soon! Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171 (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

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  • DL
    Hi YT, Thanks for ur reply. The price for a unit about 1100sq ft at lakeshore is listed for about 1.3-1.4M now. So how much am I looking at for a new launch? It'll be thereabouts isn't it? I'm asking cus if I were to rent a place for the next 3 years, assuming rental is 2.5k a month, that will be 90k. I'm just thinking if it's worthwhile to get a new launch if that's the case. As for properties in Jurong will have a lot of capital gain potential, I'm really doubtful of it. A few years back when centris was launched at 600k thereabout maybe yes. But with new launches now costing more than a mil, how much more can it gain? Can't really imagine properties in Jurong reaching the 2 mil mark, seriously. I have been living in the west for about 10 years now btw.
YT Tan (陈永达)
Hi, thanks for the prompt reply. Happened to see your reply cause Propertyguru won't prompt us when there's a reply to our post. Let me share more about Jurong Lake District. Government announced this plan around 5 to 6 years back that they will be developing this area in next 10 to 15 years, thus you might need to wait for max another 10 years. Normally properties in Singapore will appreciate due to surrounding upgrading like MRT lines, commercial development etc. In the past, I will agree with you that properties in Jurong will be cheap and no way they will appreciate as its so "wulu". Long gone the days, where properties are cheap in Jurong, centris for example. Because of lots of improvement in Jurong, Centris is able to appreciate so much as well. But now, with so many shopping malls like Jem, Westgate, JCube, IMM and Big box coming out soon. With Genting hotel coming in too, I foresee there will be a capital appreciation for properties in Jurong but it's only the question how much? For instance if you take lakeshore as example, its 99 leasehold but it started from 2002 not TOP year in 2007. It left about 87 years now and to wait with the 10 more years of transformation in Jurong Lake District, it will leave with around 77 years tenureship. How much can it appreciate compared to much younger project like Lakeville which is younger. Yes indicative pricing is not out yet for Lakeville but if its reasonable priced that it can absorb the 3 years rental into consideration then I think Lakeville is a viable option for you. If not, you can consider Caspian or Lakefront which are among the youngest projects in Lakeside MRT area. Why not let me fix an appointment for you at Lakeville Showflat this weekends to have a sensing first? I can email you the information like floor plans etc to you first too. Read More

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J.A. Goh 吴永益
Hi, if you are looking at much capital gain, the best way is to get new launch from developer. It's price will appreciate when the condo TOP. Best regards, J.A.Goh, HP: 96390350, Email: gohja@singnet.com.sg Read More

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Joshua Koh
Hi, Please feel free to contact me and i can do some recommendation to you for your consideration. Cheers! Best Regards, Joshua Koh Marketing Director ERA Realty Network PTE LTD CEA Reg No: R044856J HP: (+65) 91827557 EMail: joshuakohyk@gmail.com Read More

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Geryl Lim
Dear sir/madam, When it comes to.the future resale potential gains,we are only able to speculate the probable rise in the gains. The government has been and are still looking into the developments in Jurong Lake district as can be seen from news reports lately as well as the draft Master Plan. With focus being shifted into the developments in the west,population growth will also follow by as most people would like to stay near where they work thus demand will grow. With growing demands,price will likewise be growing. The intangible values for shifting into a house as a family being comfortable where you are will not be easy to derive therefore it will boil down to the needs of each individual household to wait for new projects to TOP while paying rent and interest for the new project or move in immediate to a ready unit which has slightly lower growth potential. At the end of the day,I would like to conclude that if your plans are to sell within a short 5years future,perhaps it will be good to consider brand new projects. If it is for a longer term,honestly I do not see much difference between brand new and completed projects. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565 Email:  https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance -www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event.  If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London.  A new prime waterfront township in central London awaits your attention.  An excellent opportunity for investment in an ideal location on the River Thames in central London.  Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects?  We have MORE opportunities for you.  From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment.  Call us to find out MORE! Read More

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Ken Tan
If you are keen to visit Lakeville, you can visit. Property New Launch Website: www.property360.sg Read More

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