Hi,
The potential capital appreciation of a development depends more on factors such as if there are any future infrastructure plans and newer land plots (potentially increasing land costs in the area) that could become catalysts for a price increase in the future where owners are willing to pay more. Another factor would be the supply of the kind of layout in the vicinity, more specifically the dairy farm area for your case. One factor holding the prices down there could be the supply and present lack of amenities at this side of Petir Road. It could all change when the mixed commercial residential development Dairy Farm Residences gets it TOP around 2024. Otherwise its a very private serene area near to nature and a lot of green.
If there are strong personal reasons to purchase here, to be near loved ones or certain inclination to this locality, I would say its good to go ahead since its for own stay. Over time with good planning and holding power, generally private property would be able to beat inflation even though it may not maximize your profits such as purchasing in another locality.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever
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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --
I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.
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