Hi Prem,
Market is still buoyant despite the recent regulations implemented, as everyone still requires a roof overhead regardless regulations or not. It still makes more sense to purchase and own a property instead of renting one.
Anchorvale Link has traditionally been highly sought after by buyers with its proximity to the Sengkang Central (MRT and bus terminal) as well as near to Nan Chiau, which is a highly sought after school. Despite the high demand, the downside could be ethnic group and PR restrictions for potential buyers therefore we will require more details of your unit in order to determine is these restrictions are applicable prior to your decision.
For your information, the highest transacted price for a 5I unit in Anchorvale Link was $570k in Block 302A with valuation of $510k and COV of $60k. A 5rm premium apartment was transacted for $596k just last month with valuation of $528k and COV of $68k in Block 314A (highest price transacted since August 2012.)
I am operating within a team of dedicated salespersons within the Sengkang/Punggol estate, where support for one another is tremendous. Clients who appointed us to assist in their real estate needs have benefited from our teamwork as our clients only need to be contacting 1 person but enjoys the services of a team of us to avoid any unneccesary confusion in terms of communications.
Let me know if you are keen to explore further and perhaps I maybe able to address any of your other concerns prior to selling.
Regards,
Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
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