Asked by Property Hunter
Dear Gurus, I have just started hunting for a 2 bdrm investment property.
I realised that some new condos in East Coast are more expensive than asking prices of existing condos in D10. For example, Parc Seabreeze, FHyrs is asking $1300psf. Levelz is farrer Road is better location FH asking $1400psf, though the latter is 5 years old.
1. For mid term capital appreciation and rental yield, which is a better choice?
2. Farrer Court (99yrs) was bought by Capitaland at land cost of $1100psf. So with constructn, likely breakeven cost will be $1400psf. Will the launch of Farrer Court and the MRT statn completion lead to upward revaluing of condos in Farrer Area?
I realised that some new condos in East Coast are more expensive than asking prices of existing condos in D10. For example, Parc Seabreeze, FHyrs is asking $1300psf. Levelz is farrer Road is better location FH asking $1400psf, though the latter is 5 years old.
1. For mid term capital appreciation and rental yield, which is a better choice?
2. Farrer Court (99yrs) was bought by Capitaland at land cost of $1100psf. So with constructn, likely breakeven cost will be $1400psf. Will the launch of Farrer Court and the MRT statn completion lead to upward revaluing of condos in Farrer Area?
1414 views
