Asked by KGC
We are looking at purchasing a home for own stay and have zoomed in on 3 developments that fit our criteria. These are all within close proximity to an MRT and have full facilities. They all offer 3BR at roughly the same <= $1.1M price range.
We realize that we are buying at the wrong time with a very hot market, therefore we would just like to mitigate our risk by choosing a place that will have better chance of riding a market downturn in the future without such drastic hit in price. We are not looking at selling the place anytime soon, but we also don't want to be stuck with something we cannot sell when we need to.
Can we ask for your opinion which one will be a better investment choice long term?
1) Chiltern Park - 99LH, 15 years old, 500 units, Chuan MRT (2009)
2) Dover Parkview - 99LH, 13 years old, 686 units, Buena Vista Interchange (2011)
3) Hillington Green - 999 yrs, 7 years old, 522 units, Hillview MRT (2015)
We realize that we are buying at the wrong time with a very hot market, therefore we would just like to mitigate our risk by choosing a place that will have better chance of riding a market downturn in the future without such drastic hit in price. We are not looking at selling the place anytime soon, but we also don't want to be stuck with something we cannot sell when we need to.
Can we ask for your opinion which one will be a better investment choice long term?
1) Chiltern Park - 99LH, 15 years old, 500 units, Chuan MRT (2009)
2) Dover Parkview - 99LH, 13 years old, 686 units, Buena Vista Interchange (2011)
3) Hillington Green - 999 yrs, 7 years old, 522 units, Hillview MRT (2015)
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