Asked by Robin Gan
Is Melville Park good investment?
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3 Answers
Hi Robin,
I think you can give me a call so that i will have a better understanding of what you want.
If i compare Melville park with Modena and Tropical Spring, the latter will be a better choice with tenants as its nearer to MRT and shopping malls. However, typical of most projects near MRT, the projects are leasehold at 99years. Hence, those projects would be good for rental investment (cash flow) if you are able to find units with a smaller quantum. This will ensure that its easier to cover your mortgage using your rental fees. However, you will not reap the type of capital gain when you intend to sell. Location + tenure as the reason.
Hope this answer your question.
I am always available.
Ken Tan
96461490
ken_tankw@yahoo.com.sg Read More
I think you can give me a call so that i will have a better understanding of what you want.
If i compare Melville park with Modena and Tropical Spring, the latter will be a better choice with tenants as its nearer to MRT and shopping malls. However, typical of most projects near MRT, the projects are leasehold at 99years. Hence, those projects would be good for rental investment (cash flow) if you are able to find units with a smaller quantum. This will ensure that its easier to cover your mortgage using your rental fees. However, you will not reap the type of capital gain when you intend to sell. Location + tenure as the reason.
Hope this answer your question.
I am always available.
Ken Tan
96461490
ken_tankw@yahoo.com.sg Read More
what is your reason for buying Melville Park..for rental , for stay.. or capital returns.. otherwise, there are other options..
www.catherinepang.com Read More
www.catherinepang.com Read More
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RSRobin GanRepliedRental
Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
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