I was rather taken aback by this month’s transaction volume because treasure and Florence are never in my radar that they would cross the 100 transaction mark in one month. My Guess is buyers are now quantum sensitive especially with projects in the price range of 13xx to 14xxpsf, seems to be quite well received by many. Would such buying sentiments continues and remain sustainable in months to come especially if interest rate is lower?
I made a huge decision in early 2017 to hunt for two properties after selling my landed. Same dilemma like you, not sure if it’s a wrong decision. But I rather not look back or lament too Long since I had already done my research for quite some time.
Of coz if I compare the purchase price in early 2017 vs now, it seems that there’s quite a decent paper gain. But do also note that resale market remain stagnant and monetary profit gain is only materialised after you sold off your property.
Perhaps the only saving grace is I don’t need to spend on rental as I have a current place of my own to stay.
There’s no right or wrong answer in your case as I believe u solely buy for self stay.
Was surprise to hear from u moving from Telok kurau to kovan.
I always thought D15 should be quite conducive to Stay?
Best of luck.
actually bro, the main reason for resale is SPACE.
only older projects can give me the space i need.
i stayed in a mickey mouse 2 bedder at telok kurau. trust me, it is suffocating.
with kids around, its better to let them have space to run/play around in the house.
Space is the main reason for me to change to a bigger house.
new house of my size and want freehold/999, i cannot afford.
even in changi like parc komo confirm cannot afford.
PARC KOMO UPPER CHANGI ROAD NORTH Apartment 17 OCR Freehold New Sale 1 2,001,000 - 1,421 Strata 01 to 05 1,408 Aug-19
and i am pretty sure 1421squarefeet in parc komo,
in my opinion will have smaller living space (in terms of bedroom size, living room size, kitchen size, toilet size) than my current resale house.
thats why only resale old house is affordable and acceptable to me lor.