Hi GG Ahuja;
You have made the right choice in wanting to invest in this Waterfront Gold project.
1)This project is strategically located with magnificent reservoir view and within walking distance to myriad of exciting water recreational activities offered by the reservoir(1.4 times larger than Marina Bay=650 olympic size swimming pools)
2)Close proximity to Changi Business Park => high rental potential and housing demand !!
3)Near reputable school ie Red Swastika Sch,Temasek Poly,United World College,4th University and many more
4)upcoming downtown MRT line-19.1km long from Chinatown to Expo..target completion by 2016..as you may already know,prices of homes near MRT stations can fetch a 15-20% premium to similar projects that are not near MRT.(Source Straits Times,21 April 2010)
5)good unit mix with the choice of 1/2/3/4 bedrooms and penthouse units
6)this project comes with Communal Roof Terrace served by bubble glass lift-all the residents get to enjoy the breeze and reservoir view as compared to only small fraction of residents in other developement
By looking at the projects nearby,(Waterfront Keys and Waterfront Waves=FULLY SOLD),this project is expected to be another FULLY SOLD projects.Expected TOP by 2015,so the price that you are paying now for a 1bdrm unit,will definately go higher when it is ready 4-5 years down the road.
As for rental yield,based on conservative assumption, is around 4%..and can go higher,even 5-6% looking at the current market situation.
For a 1 bedroom unit,the price is starting from $556,000(psf around $956)..which is VERY affordable compared to other developements nearby that doesnt even have the reservoir view offered by this project.
Please contact me for more infor / floor plan as I am in the Developer's Sales Team ..Enjoy the early bird discounts for limited time only..
Thank you;
Rgds;
Lyna from ERA
9623-8442
lynasong@hotmail.com
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