Originally Posted by
thomastansb
I will never buy any of these 2.
1) Too far from city
2) Too expensive
Kovan will always be Kovan. So what it has landed? Sengkang also got landed. As for Jurong, it is beyond my imagination why people can fork out 1.7k psf for a OCR. Crazy.
If I have to buy with a 900k budget, I will look at something nearer to town and give me rental.
Going to TOP projects or just TOP projects such as Coralis, Shore residences or Waterbank. I believe still can get a studio below 1M and rent out at 3.5k easily. That will give me > 4% yield for at least 3 to 4 years over J Gateway or Tembusu. Or die die have to buy OCR with 900k budget, I will get Optima studio. Easily can buy one below 850k and rent out at 3.2k. Why should I take the risk of buying something that need to wait for 4 years when I can buy something at the same price but with rental? If it is cheap, still okay. But no thanks at $1700 psf.