4 Answers

askguru expert
Hi JC, thanks for writing to us on AskGuru.

According to our data, over the past 8 years, Parc Riviera recorded a 1.10% capital gains annualised over the past 8 years. Meanwhile, the rental yield averages 3.07%. Based on this, Parc Riviera may be better as investment property for rental income rather than for capital appreciation.

You may refer to our data here: https://www.propertyguru.com.sg/project/parc-riviera-22647#recent-transaction-prices-and-insights

Hope this answers your question.

Best Regards,

Team PropertyGuru
Nick Tan
Hi JC,

For Parc Rivera, the price has gone up quite significantly and if you were to enter now, there is a chance that you may not be able to make a significant profit from the sale in the future. I have done up an analysis on this cluster and will be happy to share with you further.

Please feel free to contact me so that I can understand your objective better and assist you further.

Nick Tan
(M) +65 9644 4854
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:

I have written a guide on buying Residential Property:

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)
Aaron Chong
Hi JC,

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, just curious why you selected this project at Parc Riviera?

Aaron Chong
9730 8455
Robbie Chen Chee Howe
Hi JC,

The bulk of the profits are already been enjoyed by the Buyers who entered when it was initially launched.

Having said that, 10 years is a very long time in today's property landscape, so there may still be a chance for you to make "some" profits.

My question to you is, have you seen Parc Riveira? If so, do you love the environment and foresee yourself staying there for the next 10 years?

Or would you be open to consider another development which I feel will have more potential?

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