Good day Mr. James Yeow,
There are both advantages and disadvantages of buying any property and it depends a lot on individual requirements.
However, if you solely look for possible high return on your capital investment, I would like to recommend you to consider The Santorini at Tampines Street 86 for several reasons as the following:
1. The starting price for 1 bedroom condo in The Santorini is the lowest in the market at the moment at $570,000. The lowest 1 bedroom resale in neighbouring location is starting from $680,000. So there is a saving of more than $100,000 or potential upside of the same amount, depending on how you want to look at it.
2. With lower initial investment, your rental yield would be higher once the project is ready
3. Also, with lower initial investment, you may afford to lower your rental to attract potential tenants should there be significant downturn, hence lowering your risks
4. There’s an upcoming huge development plan in Tampines North and just next to the quarry which would translate to higher demand for rental and higher resale value for your investment
5. The Santorini is a hidden gem with most of the units facing the unblock quarry and there is a rooftop garden in every block for residents and guests to enjoy the surrounding view
Please feel free to contact me at any time to your convenience for further enquiries or to arrange showroom viewing available everyday from 11am to 7pm.
Thank you and Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile:
82250212
Email: karrien.realty@yahoo.com
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