8 Answers

askguru expert
Hi Noor Aini MK, thanks for writing to us on AskGuru.

According to our data, The Jovell enjoyed a capital appreciation of 2.68% annualised over 8 years while the rental yield is 3.24%.

You may refer to our data here: https://www.propertyguru.com.sg/project/the-jovell-23508#recent-transaction-prices-and-insights

Meanwhile, according to data from URA, there were 26 resale transactions in District 18 at a median price of $1,001.73 per sq ft in July 2021.

In comparison, there were 15 resale transactions in District 18 at a median price of $801.73 per sq ft in July 2016.

This represents a price appreciation of 24.95% over 5 years.

From the data above, they suggest a resale condo has a better capital appreciation in general.

Hope this answers your question.

Best Regards,

Team PropertyGuru
Mark Ng S W
Hi Aini, There are a number of factors to consider. Do contact me at 97970200 to discus more on your planning and options.

Mark, your RIGHT choice
Propnex
Ivan Ng
Hi Noor,

In 2 years time, there will be a mixed residential commercial development Parc Komo nearby Flora area which will offer retail shops and supermarket and childcare facilities. This will help to bring more convenience to Flora area.

May I know which resale development you are comparing with? Happy to share the pros & cons of both.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

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Geryl Lim
Hi Noor Aini MK,

Is there a reason to shortlist Jovell and the resale project in Pasir Ris for comparison? Need to really understand what your considerations are behind shortlisting these 2 projects for comparison in order to provide a more relevant opinion that blindly giving you opinions.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
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Bhavina Kaur
Dear Noor Aini MK,

You are indeed right that the location of The Jovell lacks amenities. However there is a new mixed development being built near there which will actually boost the value of the location. It will have retail shops, supermarket and a childcare centre.

May I also know which is the resale condo you are comparing with?

I will be able to do a comparison analysis for you and give my honest inputs on which would be better. I look forward to hearing from you and assisting you to choose the right property.

Bhavina
Mobile: +65 91708295
Whatsapp: wa.me/6591708295
Ling CK
Hi Noor,

1) From your question, it is obvious you prefer to stay in the east.
2) You are absolutely right that connectivity and amenities are important.
3) You might be driving but what about your family members. Especially kids will grow up and still not reach the legal age to drive.
4) Your future buyer will have similar needs as you perceived.
5) Thus it is important that you have taken these needs into consideration when purchasing a property.
6) The other factor we usually have is the potential of growth, which sounds unimportant to you as property price is rising overall.
7) Consumers will only read the property price index increase or decrease from news and that's all.
8) We have to study in-depth how and why there is a potential for every property we come across.
9) Thus most of us know which property has better growth compare to the other.
10) Personal point of view is these 2 that you have chosen might not be able to meet your main objective in long term.

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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Aaron Chong
Hi Noor,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, it is always advisable to go for a new launch if possible due to its 1st mover advantage and also to maximise your capital appreciation. Hope to share more with you.

Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg
Robbie Chen Chee Howe
Hi Noor Aini,

You mentioned this purchase is for your investment? Just curious why do you narrow yourself to these 2 choices?

For property investments, most investors look at 2 critical factors before they consider whether the property is worth investing:
1) Rental Yield
2) Capital upside potential

Amenities and Accessibility is not a crucial factor when it comes to property investment.

So, how do we derive rental yield and also "predict" the capital upside potential? Perhaps I could share more with you if you're interested?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty