I have viewed a 2 bedder condo unit in District 9 with about 200 units.
The only concern I have is that the living room and master bedroom is almost completely blocked by another condo development - their living room is about 50 metres away. Only if one stands at the planter ledge of the living room or at the corner of the living room, then one can have pocket view of some scenery.
I am intending to rent the unit out. About 90% of the units are tenanted to caucasians and japanese. I would think tenant profile is mainly young couple with child.
1) Will it matter much to the tenant ? The other 2 bedder units in the condo
face a construction site so for the time being my unit will be "quiet facing";
2) Will it affect the capital appreciation of the property? Currently the asking property price is about 3% psf below the last 2 bedder transacted values (which face a construction site);
I do not mind having a lower rental yield but more worried that it will be tough to sell it later on.
Please let me have your views.