Hi Mr Siew,
It's never too late or never too early to step into the property market. In investment, there's two things to look to for direction. That is Capital Appreciation and Rental Returns.
Like what Simon mentioned, everywhere is a good place to invest now because the supply for housing developments are still strong despite government's constant measures to stop the property market boom.
If you're looking into long-term investments, places with a huge potentials are areas in Geylang and the West.
Why Geylang? Because the prices of districts surrounding it are relatively high and the demand for places are there. The prices are low in Geylang because of the fact that the place is what people deem as "unsafe". The government is planning to clean up the area but to what extent?
Needless to say for the West because of the future plans the government has for Jurong in making it another business hub. That's when the demand resurfaces!
What i have mentioned are long-term investments but if you're looking for quick capital appreciations. The prime areas are still the ones to look to.
It all boils down to what type of investments you're looking forward to and only then can you decide what's the next path you should take. I believe you've done so and you need just the right time and right place to nail it.
Everyone has their own views about what the property market will be like or what the good places of investments are. Ultimately, it's always better to do all the math before committing.
Hope the above helps.
Should you have any enquiries, feel free to drop me an email at clintonlimzj@hotmail.com.
I'm more than willing to have a non-obligatory discussion with you.
I can also be reached at
94523347
.
Hope to hear from you soon Mr Siew,
Have a nice day!
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