First investment need advice!!
Hi great masters & experts!
I would like to invest in a private property & would be grateful for any sound advice on which development I should consider. The property including stamp duty should be within $1.1mi & this will be my first property purchase.
My plan is to cash out within 5-8ys & then buy a hdb resale flat to retire in as I am already 42 yrs old. Meantime I am living with my parents.
Location doesn't matter as it's for investment so capital appreciation & rentability is most important.
I Am considering Trilinq 2 bedder costing about $1.05million but psf is about $1500 which seems to be steep. If I look at CCR, I can only get a 1 bedder with my Budget. Which would have better potential?
Appreciate any advice on where's the best potential bet to place. Thanks!!