Asked by Long Term Investor
I note places with potential for development will eventually rise to a much higher psf eg. area around Dakota near Mountbatten road.
For this reason, I have high hopes for condo projects in the West Coast area near Pandan/Teban gardens. Prices are still affordable there compared to new projects near Dakota area which is commanding in excess of $1100 psf.
If I invest in the West Coast, what are the chances of higher property valuation given the plans to convert dull old Jurong into a vibrant hub for recreation and business ? Do you think the values will appreciate within 10 years time ? One sore point is the lack of public transport such as MRT near the West Coast area which I feel is having more condo development in the last five years. Do you agree ?
Thanks for your time.
LONG TERM INVESTOR
For this reason, I have high hopes for condo projects in the West Coast area near Pandan/Teban gardens. Prices are still affordable there compared to new projects near Dakota area which is commanding in excess of $1100 psf.
If I invest in the West Coast, what are the chances of higher property valuation given the plans to convert dull old Jurong into a vibrant hub for recreation and business ? Do you think the values will appreciate within 10 years time ? One sore point is the lack of public transport such as MRT near the West Coast area which I feel is having more condo development in the last five years. Do you agree ?
Thanks for your time.
LONG TERM INVESTOR
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