Originally Posted by
KC76
Yes, I ever been to that area. Doesnt look ideal for family living and quite similar to the moonstone district. If only MND rejuvenate that area, the psf for properties there would have been much higher. Same case for geylang. If somehow, the red light district is moved to suburban areas, the prices there will flourish. Still, with a difference of merely 100+psf, Mi Casa seems overpriced.
A fairer comparison would perhaps be Beacon Heights vs Kovan Residences? Both 900psf+ and one 999 yrs lease and one 99 yrs lease. Beacon Heights lose out on its surrounding only in my opinion. Other than that, its longer lease and exclusivity and distance from central should bear KR.
Tio bo?