Those who bought forest woods near serangoon mrt for average of 1400psf must be laughing now.
When I shared that valuation increases, the response will inevitably be that it’s only paper gain. But the banks confirmed and fixed those gains with equity loan based on those valuation figures! And some will still say they will not offer.
But offer they did, provided the income still clears the TDSR. Already signed to loan back to 80% level, withdrawing the difference for equity loan. Thank you tenants.
Will be using this amount to invest to fight the less than 2% interest for 2 years. After two years if interest rate really goes up, can pay this back with whatever gains made.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
or if u r only referring to the gardens residences then i believe they will try to sell at from 1700psf but they may not sell as well as twin vew of course. some buyers will certainly hold back in anticipation of the larger en bloc projects nearby. Keppel/Wing Tai will need to distinguish this condo as a super atas premium product vs the rest to justify their higher price.
I wish I could.
https://www.facebook.com/groups/160135391335474/
Those with face in the profile I share more.
Purple line mrt is connected to alot of big shopping malls like Nex, waterway point, vivocity. It is also connected to popular tourist places like Chinatown, little India, harbourfront.
Last edited by star; 22-04-18 at 21:41.
I bought my Clift at 1.2k psf. lol
Possible. Give you 2 BR size of 600 sqft, lol.