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Under current market conditions, is investing in a studio/one room apartment advisable ? Plan to rent out the unit for 2 years and then sell it when the unit appreciates. Pls advise.
Any idea on the price movements of studio appts. since 2005 till current ?
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3 Answers

Hi there,

I hope my ans will be of use to you:

Although the property market has softened and sales have reduced by 50% as compared with the last quarter of 2007,most sellers are still holding their prices and few are slightly lowering or just by a little.
Consultants still remain bullish on Sg's pty market and we still have a large numbers of current buyers still looking to invest (although the figures are much less to last year)and most willing to pay fair market prices for properties.
Some investors feel any fallout market is the golden opportunity for those foresighted people to enter into. Like yourself, you believe the market will appreciate in 2years?
You can check the ura caveats for property movements in areas you feel is best to invest in. As said, the best bet would be the 3 areas:
Orchard, Retail
Lifestyle, Sentosa,IR
Financial, CBD area
If not just the outskirts.

Best,

Evonne
www.propertyqueen.net Read More
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Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
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