Hi,
1) The standard answer should be, "What is your intention, own stay or investment?"
Most of the time, the answer from the question is everyone want to kill 2 birds with 1 stone.
However, we all have to accept that there is always something to give up in order to get somehting back in return.
2) New vs Resale (Enbloc) is general a opinion of investment than own stay.
Both has the same potential of achieving good capital appreciation especially if both given same timeline of 3 yrs, escaping the SSD.
3) But you would have already has an answer yourself. With "New launch", you have the control of when to let go dependent on the market, and the amount of CP you wish to obtain.
"En bloc" is under control by others; current owners + developer. Success process is lengthy and many rounds of meeting and negotiation.
4) According to statistics, condo near or next to MRT station attracts slightly better rental yield and ease of renting out. There are very high proportion of "Profitable vs Non-profitable" transactions on these project.
Most of the tenant does not drive, thus majority of them rely very much on public transport. So it is obvious you do not experience vacant unit in most of the time.
5) The last fact you have to know is, you are getting the best offer in the new launch (especially on the launch day) than old condo.
Hope the above answer to your main concerns, but if there are more queries, 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
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