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MASS MARKET / PRIME?

Hi, I ve been reading property news in order to park my investment right, I have up to 1.4 m budget to invest, but i am quite confused by the news, one saying property is not good choice for now because of the gov measure, another is saying singapore is doing good next year. The latest news is also showing some contradiction between Mass and Prime, “If you want to make real money in real estate, you should be buying stuff which is at the mass market level, that's where the demand is in the region,” Mr. Murphy said on Asia Squawk Box of CNBC. Another is saying Singapore Prime property will pick up as its still 20% to catch up. What do you think?
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1 Answer

Dalen Chee
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Hello Sherwin,

with regards to your question, for investment purposes, buying a unit in prime area would be better as there is more upside potential to prime units. Yes, it is true that we have are still 20% off from 2007 peak levels for prime areas.

Though there is demand in the mass market homes, their upside potential is very much limited as supply is plentiful. Also, most mass market home owners buy for their own stay, not for investment. Very rarely do we see mass market homes grabbing headlines with high prices.

An investor such as yourself, would stand to gain more from investing in prime land. Do give me a call and I can arrange for a guided property tour of certain investment properties for you at your comfort. I can provide a good platform for you to kickstart your search, no obligations, no pressure.

Tell me your views!

Dalen Chee
dalenchee@gmail.com
www.96952550.com Read More
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