Hello Raj,
How are you doing? I believe you must be keen on purchasing a unit at city Square residences based on your question.
Considering the current market sentiment, the current market value for the City Square still remains upbeat due to its excellent location. It's one of the very few condominiums in Singapore which is freehold and situated just beside the MRT station, hence ensuring the rental ratess to be as equally good as condos situated in the middle of orchard rd.
With its top next year, ther is no reason for prices to decrease, unless the market hits a turmoil. Even then sellers will most ready to hold as they have already held onto their current pricing for a number of years. A reasonably furnished 3 bedroom unit would easily command $5-$5.5K, hence making the rental yield quite high.
In a nutshell, with the launch of the upcoming casinos and all projects been released all around singapore in 2010, property not prices will not decrease but still remain stable or even increase.
If you are keen on purchasing units at City square, do give me a buzz as i've sellers who are ready to sell their units now.
Cheers!
Natalie
90678531
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