Dear Kovan Grandeur owner,
As Kovan Grandeur is a 99years leasehold project, I am afraid to say that your dad is definitely right that as the project ages, it appeals lesser to prospective buyers out there who has a general tendency of looking out for newer projects.
The last transacted unit in Kovan Grandeur was back in October 2014 at $1,262psf for a 570sqf unit on level 3. Is your unit currently tenanted? It maybe a good option to look at selling with tenancy to allow the next prospective purchaser an option to enjoy rental returns initially before moving in.
Let me know more details about your property before you decide on next course of action to take perhaps?
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Regards,
Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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