Asked by
Is it still considered to wise to take the risk of getting a studio condo at district 18? Assuming appreciation of 23% based on past 5 years analysis. Leasehold starts from completion in 2012. Appreciate delay generally starts at 78th year remaining lease (around 2033). Note there will be cross island line mrt complete in 2032. I am not seeking high profit, but rather wants to breakeven my A/BSD paid with little profit margin ranging 5-10%. Plus I am weighing in the comfort for my own stay rather than renting.
0
54 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

9 Answers

Hi, appreciate your sharing. It depends on your plan for next 5 to 10 years. Due to latest land cost, the resale pricing will be affected by itself.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
0
It’s a very personal decision, and it depends on which factor matters most to you: financial breakeven vs comfort of living.

A few points to consider:
• Leasehold & appreciation: The condo has roughly 78 years left before potential depreciation becomes more noticeable, so you still have a decent horizon for value retention. Past appreciation of 23% over 5 years is encouraging, but that may not repeat exactly.
• Cross Island Line MRT (2032): Transport connectivity usually boosts resale value and convenience, which may help with your intended breakeven timeline.
• BSD & costs: If your main aim is to recover your upfront costs (ABSD and stamp duties) with minimal profit, you need to account for transaction costs, maintenance fees, and property tax over the holding period.
• Lifestyle & stay comfort: If comfort and location for your own stay outweigh pure investment returns, this may justify the purchase even with modest expected gains.

If your goal is mainly for self-stay with moderate upside, it can make sense. If you were relying on high returns, it’s riskier, especially for a leasehold property in that age range.

You can reach out if you want me to run a rough projection for breakeven vs holding costs over the next 10–15 years—it can help make this more concrete. Read More
0
Question here is why are you considering District 18 over other Districts in this case, and of course in particular this development. The perspective could be drastically different among individuals.

In general, as long as your entry price is right, you should not be losing money. Even properties with less than 10 years lease balance are still sold for profit when the owner purchased it less than 10 years back, whether it due to true appreciation or inflation.

——

I have been in the real estate business since 2009, with more than 15 years of experience serving the Singapore real estate market. Check out the EdgeProp featured article on myself recently at https://www.edgeprop.sg/property-news/geryl-lim-leading-landed-real-estate-heart-hustle-and-harmony

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 15,900 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
Deputy Branch Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

-----

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Happy to discuss further on text :) The key thing is the 23% appreciation might be an unjustified and risky assumption.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More
0
Tan Pei Cheng (Pei)
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More
0
Bryan Koh 许智俍
To be honest, it will come down to how much profit you looking at?
to some, $100k seems alot but to others, $100k may not be much so it really depend on your appetite

And you notice many new launches stop building 1bedroom or studio units because many new buyers are buying slightly bigger

So if you have time, i can sit down with you to work your budget, timeline and what you want in the next 5-10 year to determine what plan suits you better and we can work out a few scenarios

If you wish to find out more, can proceed to contact me thru the following
whatsapp : wa.me/6596989189
email : bryankoh.realestate@gmail.com

Thanks Read More
0
Hi,

1) District 18 including Pasir Ris and Tampines.
2) If you have come across Bala curve, you will understand that majority of the property value will depreciate when the remaining lease is getting lesser.
3) Although most of the property in Singapore, including both HDB flats and private residential property didn't follow the Bala curve closely.
4) But, there are ample evidences shows that there are a lot of private residential property value stay stagnant after some time.
5) The property price generally rise or adjusted upon announcement of favourable news and not after a few years or until the completion of promised infrastructure.
6) You might not reclaim your expenses on buyer stamp duty when a wrong property is chosen, or at a wrong entry price.
7) The mariginal profit you are looking at might not be the appreciation of the property but merely a hedging of inflation.
8) Do be conscious of your choice.

All The Best!!!

Hope the above answers 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
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

Note:
Any response to our answer does not reach us until we scroll through every query posted daily.
The best way to get a follow-up is to contact us directly via WhatsApp or email. Read More
1
✔1 Choosing this condo is a **personal decision** and depends on whether your priority is **financial breakeven** or **comfort and lifestyle**.

✔2 **Leasehold & appreciation:** With around **78 years remaining**, the property still has reasonable value retention potential. Historical growth of **23% over 5 years** is promising but not guaranteed.

✔3 **Upcoming Cross Island Line MRT (2032):** Improved **transport connectivity** can enhance convenience and may support resale value over time.

✔4 **Costs & breakeven:** To recover upfront payments like **ABSD, stamp duty, maintenance fees, and property tax**, factor in all transaction costs when evaluating potential returns.

✔5 **Lifestyle considerations:** If the condo’s location and living comfort are important to you, this can justify the purchase even if financial gains are modest.

✔6 If your aim is **self-stay with moderate appreciation**, the purchase could make sense; relying solely on high investment returns is **riskier for a leasehold property of this age**.

✔7 Consider why you are **choosing District 18** and this specific development — personal priorities can greatly influence whether the decision feels right.

✔8 Ensuring your **entry price is reasonable** is key; a fair purchase price generally protects against outright loss, even with moderate upside.

✔9 Align your choice with your **long-term goals**, whether that’s comfort, convenience, or gradual capital appreciation.

“As Warren Buffett said, price is what you pay, value is what you get.”
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

(1) "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) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255 

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE:

NORTH Region //

N1.Springleaf Residence – Upper Thomson Road, D26 | OCR | ~3 min to Springleaf MRT (TEL)

N2.Artisan 8 – Sin Ming Road, D20 | RCR | ~4 min to Upper Thomson MRT (TEL)

N3.Canberra Crescent Residences – Canberra Crescent, D27 | OCR | ~6 min to Canberra MRT (NSL)

SOUTH Region //

S1.UpperHouse @ Orchard – Orchard Boulevard, D10 | CCR | Direct link to Orchard Boulevard MRT (TEL)

S2.Zion Residences – Zion Road, D9 | CCR | ~4 min to Great World MRT (TEL)

S3.Promenade Peak – Zion Road, D9 | CCR | ~5 min to Havelock MRT (TEL)

S4.Robertson Opus – Unity Street, D9 | CCR | ~7 min to Fort Canning MRT (DTL)

S5.River Green – River Valley Road, D9 | CCR | ~5 min to Great World MRT (TEL)

EAST Region //

E1.Arina East Residences – Tanjong Rhu Road, D15 | RCR | ~3 min to Katong Park MRT (TEL)

E2,Amber House – Amber Gardens, D15 | RCR | ~10 min to Tanjong Katong / Marine Parade MRT (TEL)

E3.Mori @ Guillemard – Guillemard Road, D14 | RCR | ~8 min to Mountbatten MRT (CCL)

WEST Region //

W1.LyndenWoods – Science Park Drive, D5 | RCR | ~5 min to Kent Ridge MRT (CCL)

W2,Bloomsbury Residences – Media Circle, D5 | RCR | ~8 min to one-north MRT (CCL)

W3.Faber Walk GLS – Faber Walk, D5 | RCR | ~10 min to Clementi MRT (EWL)

W4.Elta Condo (Cleme Read More
0
Do contact me at 97970200  to understand more and discuss.

Mark, your RIGHT choice
Propnex Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions