Seems reasonable to me for the price. Need any further assistance?
Real Estate Consultant
CEA Reg R014783H
It really depends on what are you actually purchasing it for.
For investing for capital gain
-Look for areas where redevelopment is going to take place.
For investing for higher rental yield
-Smaller units have higher rental yield.
-Invest in places with an excellent location.
-Smaller unit equals lower maintenance.
Purchasing for the purpose of a very long term investment where you are using 80% leverage from the bank.
-Technically, you are using 20% of the property price at around $400,000 to get the tenant to pay for the remaining 80% at around $1.6mil in 25-30 years.
So, unless you have a clearer objective, it would be difficult to advise.
But cluster houses are a great if you are looking for your own stay based on the low psf!
Huttons Asia Pte Ltd
Compare to last year. More X.
$781psf, 2228sqft, $1740k, 27 Jul 11
$788psf, 2207sqft, $1738k, 13 Jun 11
$774psf, 2228sqft, $1725k, 28 Apr 11
Compare to condo prices still worthwhile to buy.
Do call me at (65)-9745-5178 or email firstname.lastname@example.org if I can assist you in providing solutions to your real estate needs.
Thks & regards,
Mike Tay (郑树荣)
B.Sc. (NUS), EMBA (SUNY)
M: +65 97455178
HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G