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Investing in Singapore

Asked by Zynal Yasin 4 Jan 2010

Hi

I bought a condo unit near still road. I am contemplating buying another unit in the same development which is a low rise block ( 6 storey building) for investment. Is it wise to purchase the second property and having all my assests in one block?

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Edmund Tan · Answer 1 · 2010-01-04T18:52:32+08:00

Edmund Tan

Replied 4 Jan 2010

Hi Zynal,

it's very subjective but i would like to believe that you like the development alot that's why you are considering to buy another unit there.

like i said, it's subjective. some of my clients bought the entire floor, while some bought more than one unit there. 'Cos they believe it's a good investment, in terms of locations, value and for rental yield or capital appreciation.

My suggestion is identify your objectives of buying a 2nd property within the same development. So long they meet your objectives, it's good investment.

Anyway, congrats to you getting a place in the development you like. and Happy New year.

Regards,
Edmund
HP: 98415795 / 84489519
Email: edmundtkc@gmail.com Read More

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Doreen Tan · Answer 2 · 2010-01-10T18:31:16+08:00

Doreen Tan

Replied 10 Jan 2010

Hi Zynal,
Sure I don't think that is a bad idea if the project is a good investment.
Anyway for your consideration, I too have several units (1/2/3/Penhse Bedroom,FH, estimate TOP end of 2010) available under developer for sale @ Pulasan Road (very near to Still Road)at vert good attractive price. Do call me 91177317 if you are keen to view.

Doreen Tan-Propnex
91177317
doreencltan@gmail.com Read More