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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.
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5 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.
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Stewart-PropNex (Senior Associate Division Director) Read More
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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
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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.

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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
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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
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