23 reviews for this Condo
-
1
westman (4 reviews )
Reviewed on June 19, 2013 8 helpful votes
The project is overrated
While I agree that govt is doing a good job with Jurong Lake district masterplan , the prices of this development just doesn't make sense from an investment perspective. The prices that developer is selling, not only is that future pricing but one that is unsustainable. All that hype is there only because because of the marketing work by agents , I seriously urge buyers to exercise prudence as those who dive in blindly will get stuck. The success stories of those who bought Caspian, centris, lakeshore etc in the area will not be repeated again in this project simply because buyers paying that kind of prices can move a level up to live in the core central region, a more desired location for many. Think about it... -
-
1
investor (5 reviews )
Reviewed on June 19, 2013 9 helpful votes
buying at the peak
Reasons why i will not buy for investment: 1) Based on very high future pricing 2) To achieve desired yield for this project (between 4-5%), it is untried and untested 3) An oversupply of houses coming on in 2014/15 increasing competition 4) Tighter controls on influx of labour means the increase number of houses coming into market will compete for same pool of tenants (5) Condo does not have nice layout and a lot of units facing the track, not ideal for own stay or renting to tenants who don't like noise -
-
1
Mr. jessie jay (5 reviews )
Reviewed on June 19, 2013 9 helpful votes
overpriced and not sustainable
This project is overpriced no matter how many malls spring up around. Those buying for investment have to question whether you can get even 4% rental yield. For the prices of 3 bedroom units (in excess of $1.5 million), one can easily scout around for a freehold condo in town near the city centre. -