Originally Posted by
Chinky
It is obvious that over next 2-3 years it's gonna be oversupply. Then to hold now, he has to hold another 3-5 years for the price to recover again. I'm so troubled because I want to get one for own stay and not investment. That's y very pek cek. Not that I'm looking for 10% disc. Anything ard 1280-1300/sqf for areas like sembawang yishun woodlands I sure buy.
But the area (North) you stated seems more suitable for larger units. MMs are very very untested over there. In fact, relatively few private developments there as compared to Northeast, East and Southwest.
When they start to build MM there I am sure you can get for max 1280 psf.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.