Hi K, iSuites@Marshall and Minton are vastly different developments in different locations.
iSuites@Marshall is freehold, while Minton is 99 years. Minton is a full condo with full-sized facilities while iSuites is an apartment with a smaller land plot. iSuites is in d15 while Minton is in d19.
In terms of rental yield and capital appreciation, I believe iSuites has more potential.
For rental, iSuites has a lower quantum price, which means that rental yields will be higher than Minton. For example, using a conservative rental of $2000/mth for both developments, iSuites has a 5.3% rental yield while Minton has a 4% rental yield.
Minton will be a great place for own stay. However for rental, tenants are more concerned about location and rental price. D15 is more popular than D19, and it is very hard to find a private property to rent with a $2000 budget in D15. In a large development like Minton, there will be many other units competing for tenants.
For capital appreciation, again, location is key. Both developments are generally quite a distance from the MRT. Amenities are nearby but iSuites has the advantage of having 'better' amenities in the sense of more popular food, and being near to parkway parade. Also, the number of places that can be reached from iSuites by direct bus is tremendous. City Hall, Shenton Way, VivoCity, NUS, SMU, SP, Tampines, Stadium etc.
As such, iSuites, also being small quantum, has more potential for capital appreciation.
Minton is still a great place in D19 for own stay nonetheless.
Pre-booking for iSuites has started, and response is overwheleming. If you are interested in the floorplans or how to register for VVIP preview to grab the choice units before others, do contact me quickly so that I can register your interest.
Thanks!
Regards,
Richard Wan
Black Diamond Real Estate Group
richardwan@live.com
94363793
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