Sengkang Grand Residence is a newly launched project. As such, there are currently no available data on its capital appreciation and rental yield.
The nearest comparison will be Jewel @ Buangkok.
According to our data, Jewel @ Buangkok recorded a capital gain of 1.78% annualised over 8 years and with a rental yield of 3.39%.
You may refer to our data here: https://www.propertyguru.com.sg/project/jewel-buangkok-21639#recent-transaction-prices-and-insights
Hope this answers your question.
1) Sengkang Grand is an integrated development.
2) So far, capital appreciation of an integrated development has been promising by looking at the past performance of all integrated development in OCR.
3) There is a total of over 3,500 private residences, but there is only 19 such development in Singapore including the latest PR8 launched. Although there will be more in the future from the way govt way of GLS.
4) The total number of such development will be still be limited due to the number of MRT stations, and always will be at the heart of the town.
5) Scarcity, superb convenience, time-saving factors are the major contributors to the potential growth.
6) If we are only looking at the next 5 years, there is only going to have 1 more integrated development in Hougang, which foresee it is going to be a hit again due to it is going to be nearer to the city.
7) By looking at current GLS land sales, this Hougang integrated development will not be surprised to be selling higher than $2,xxx psf easily.
8) So by looking at the current Sengkand Grand Residence selling price is around $1,7xx~$1,8xxpsf is definitely a good catch not to be missed.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636, or email: firstname.lastname@example.org if more information is needed.
I'll be glad to assist.
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly.
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.
No agent fee apply to you as buyer.
Feel free to contact me via whatsapp or call at 8938 7686
(CEA Reg No: R063413E)
Sengkang Grand is an integrated development and they are limited supply of such units in Singapore. This type of development appeals to family kind of profile as they prefer the convenience the project offers.
However, the price is also at a premium as compared to surrounding projects within the same location. If you are buying purely for investment, it will be recommended to do up a price analysis of the area to determine the price potential in the next 5 to 10 years.
Please feel free to contact me privately so that I can share with you more data and information based on the current market trend.
(M) +65 9644 4854
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
I have written a guide on buying Residential Property:
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)
It will be good to learn more about advantage and disadvantage before getting into the hype of integrated development.
I will be glad to assist with price analysis of integrated development, around the area and price comparison with other new launch projects
No agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508