Let me make a wild guess here. Pls correct me if I'm wrong. First knight is interested in getting a northpark unit but is being held at bay by the high prices and hence re-assessing the financial pros and cons now and thus join this forum to gather online feedback and hoping that it will be positive responses. Self-fulfilling prophecy?
Besides the condos that were mentioned earlier in the yishun/Khatib area, there r also yishun emerald, yishun sapphire, 8 courtyards, 1 canberra, canberra residences, the nautica in the new canberra mrt area. And not forgetting 1 new EC near Canberra mrt and 2 new ECs near sembawang mrt. Last but not least, all the new HDB BTOs around these 4 mrt stations.
Therefore, considering everything, IMHO...
Buy for Own stay - ok
Buy for rent out - will face immense challenges
Buy for both own stay and rent out - ok but will still face immense challenges. But seems to be the most popular choice now given that the dual key trio units r all sold out. However need to re-assess carefully if this is group think herd mentality.
Got holding power - sure. No problem.
Living on the brink - better be safe, not sorry. Sibor is going up and fixed rate is not idling too, esp with the new govt bonds coming up.
Btw, is first knight related in one way or another to Lancelot from this or other forums, such as hwz?
Just my take again I say
not an agent, just a resident of Yishun and sembawang for the longest time.