Hi Mr Yuen,
To answer your question, we must first look at the investment decision process:
Firstly, on the investment objective:
Rental:
The Bayshore has is strongly demanded by expats and airline related personel, thus it has always enjoyed a stable rental.
On Capital Appreciation:
The Bayshore has seen its psf rise in line with inflationary pressure over the years, and at the same time has always had a queue of buyers in line, thus at the right price,resale is never a problem.
On Investment Time Horizon:
Depending on how long you want to hold the project for, The Bayshore should have a good 15-20 years left, granted that Neptune Court, though a 99 year development, has defied all expectations on how a 99 year project should behave.
On Enbloc potential:
This is where the drawback lies, firstly, on unit density, The Bayshore has a high unit density, so any potential profit from En-bloc is limited, at the same time, with 1000+ units, getting the required concensus to mount an En-Bloc bid is a HUGE task which may well miss the En-bloc wave if enacted at too late!
Hope this has helped you some.
For any queries on further developing an investment strategy and action plan, please contact me @
9184 0208
or
mervintang.huttons@gmail.com
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