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Thread: Selecting a condo

  1. #1
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    Default Selecting a condo

    Hello members,

    We are SPRs and currently living in Sengkang area. I need some expert advice on purchasing a ready condo for investment/self stay purpose.

    Since my wife's work place is in west area, I may intend to rent out the condo and rent a place near to her work place, so I am open to any location as long as it can fetch good capital appreciation and also easy to rent out place.

    I am looking to buy a 3 bedder condo (1000-1300 sqft) size with the budget of 900k to 1.05 mil.

    Based on my search that fits my budget and size, I found the below condos at reasonably good locations.

    Pls advice what area should I focus on as my current preference is wide and may not be accurate.

    [B]West
    [/B]1 The Mayfair
    2 The Floravale
    3 The Summerdale

    [B]CCK/Bukit Panjang
    [/B]1 Palm Gardens
    2 The Warren/ Northvale (May be over the budget)
    3 Regent Grove/Regent Heights

    [B]North
    [/B]1 Casablanca
    2 Rosewood
    3 The Woodsvale
    4 Northoaks

    [B]North-East
    [/B]1 The Florida
    2 The Rivervale
    3 Regentville/ Evergreen Park


    I could not find any good 3 bedder condo in east area(pasir ris, simei, tampines) that fits my budget. If there is any, I am also open to look into east area.

    Pls share your views on which area and which project would be a better choice in terms of reasonable psf/price and future appreciation.

    -Nick

  2. #2
    Music of the night

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    Simei Green or simply buy a 2br @ Mi Casa
    Ride at your own risk !!!

  3. #3
    i'm Buaya ! Girls BEWARE !!...

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    ** are those near to mrt... paiseh arh... i look at location only...
    (of all, for me, i think i pick rivervale or mi-casa...)

    [B]West[/B]
    1 The Mayfair**
    2 The Floravale
    3 The Summerdale

    [B]CCK/Bukit Panjang[/B]
    1 Palm Gardens
    2 The Warren**/ Northvale**
    3 Regent Grove**/Regent Heights
    4 Yew Mei Green**
    5 Windermere**
    6 Mi Casa**

    [B]North[/B]
    1 Casablanca
    2 Rosewood
    3 The Woodsvale**
    4 Northoaks
    5 Orchid park Condo**

    [B]North-East[/B]
    1 The Florida
    2 The Rivervale**
    3 Regentville/ Evergreen Park

  4. #4
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    Thanks phantom_opera,

    I did look at simei green and changi rise condo, but seems the asking price is around 1.1 mil which is out of my budget.

    Any advice on Eastvale?

    Quote Originally Posted by phantom_opera
    Simei Green

  5. #5
    Music of the night

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    Quote Originally Posted by nick7
    Thanks phantom_opera,

    I did look at simei green and changi rise condo, but seems the asking price is around 1.1 mil which is out of my budget.

    Any advice on Eastvale?
    buy the 969sqft 2+S in Simei Green, only 8xxk ... pretty close to 3br already, bargain you can get

    note we are in the midst of property bubble, so I am not asking you to buy, buy @ your own risk my friend
    Ride at your own risk !!!

  6. #6
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    Thanks but Mi casa is out of my budget as I am looking for 3 bedder.

    Any advice why not palm gardens? I found it at not bad location, as it is 10-15 mins walk to CCK and also 3 lrt stops away from Bukit Panjang down town line.

    Yes, the rest you mentioned are quite good. What other things should I consider to narrow down my list?

    Quote Originally Posted by ikan bilis
    ** are those near to mrt... paiseh arh... i look at location only...
    (of all, for me, i think i pick rivervale or mi-casa...)

    [B]West[/B]
    1 The Mayfair**
    2 The Floravale
    3 The Summerdale

    [B]CCK/Bukit Panjang[/B]
    1 Palm Gardens
    2 The Warren/ Northvale (May be over the budget)**
    3 Regent Grove**/Regent Heights
    4 Yew Mei Green**
    5 Windermere**
    6 Mi Casa**

    [B]North[/B]
    1 Casablanca
    2 Rosewood
    3 The Woodsvale**
    4 Northoaks
    5 Orchid park Condo**

    [B]North-East[/B]
    1 The Florida
    2 The Rivervale**
    3 Regentville/ Evergreen Park

  7. #7
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    Why not consider HDB since you are SPRs ?

    I don't understand why you buy a house to rent out and rent another place for yourselves !!!

  8. #8
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    yes, I agree with you that we are in the midst of a property bubble but I do not want to make the wait too long. I am also not sure if any major correction going to happen in 2013/14, the only this I keep hearing is over supply of properties but as long as job market is not affected, I do not see why people sell at a loss or less than market price?

    Pls enlighten with your views if I am wrong.

    There is no 2+s for sale at present so will check it out if any one is selling. I would prefer to have a 3 bedder if possible within my budget.

    Quote Originally Posted by phantom_opera
    buy the 969sqft 2+S in Simei Green, only 8xxk ... pretty close to 3br already, bargain you can get

    note we are in the midst of property bubble, so I am not asking you to buy

  9. #9
    i'm Buaya ! Girls BEWARE !!...

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    if mi-casa (just top-ed) out of budget, may be can consider 1259ft quintet (5yr old EC, near yew tee MRT)...
    to me, location/near mrt is more important.... the rest is your preference liow.... have fun searching....



    btw: only thing i like about palm garden is bowling alley...

  10. #10
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    Its just that we want to keep the property in case we migrate to other country or move back to home country.

    We have to sell HDB if we are out of singapore for few years.

    My reasoning to rent out condo is just to get a place near to wife's work place so that she can manage the home and kids and don't spend too much time in commuting as we don't drive.

    Quote Originally Posted by imjason
    Why not consider HDB since you are SPRs ?

    I don't understand why you buy a house to rent out and rent another place for yourselves !!!

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