Dear sir/madam,
It is not easy to mix the 2 components you have stated, good area to live and investment, simply because everyone has different definitions of what is a good area to live in, but in terms of investment, the measurements are pretty similar (either capital appreciation or rental returns).
In typical investments looking at rental returns, we will generally look out for projects which is close to where the pool of tenants maybe, for example near offices like business parks or industrial estates, where the commute to and from work will be a breeze for these tenants, or areas where convenience to amenities is concern.
In typical investments looking out for capital appreciation, we are more interested in the entry price, on top of the level of supply and demand. For example, for projects purchased during new launches, the entry price for these purchases are generally the same, therefore the anticipated competition in terms of pricing at exit stage can erode the prospective returns versus a unit where you have purchased in the resale market at significantly below the market value. This allows you room to price the property during exit with more flexibility and potentially align with what the general market is transacting.
For considerations of own stay, it will really depend on individuals, where the family, extended family, friends and office is. For example, both my parents and in laws are staying in the east, my kids are studying in the east, it would not make sense for me to buy something in the west because it was sold below value.
Identification of objectives is very important therefore do sit down with time to think through these considerations.
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.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
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/
My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!
Read More