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I think it is utter madness spending $800k to 1 million on a 400+sqft 99yr leasehold condo in an area surrounded by HDB flats in far flung Jurong town. I personally think this condo is grossly overpriced. Is there any justification why this is a good investment in terms of capital gains and rental?
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4 Answers

Hi Sally, I would suggest other project instead. For that budget of 1m, you could go for a freehold at City Fringe area for good rental gain.

Regards
Aaron
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Hi Sally,

So did you purchaae a unit there?

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  • AB
    No, I won't consider this project. As some agents mentioned, there are better buys in the city fringe/central with the same amount of money.
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Yes, it's over priced. 1M budget you can get 1 bedroom at most luxurious location, like D9&10.

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