I feel among all the Districts.. D21 (beauty world area) is severely oversupply! all brand new launches coming out simultaneously...
Imagine 5 years from now when people try to flood and sell in the resale market... how to make money like that?
I think people who buys that area are mostly for their own stay for the long term, hence can hold out for a while.
And yes i do believe the capital appreciation for properties around that area will take awhile and in addition I dont think the rental yield for that area is going to be very good considering that those condos along bukit timah/dunearn rd are only doing okay in terms of rental.
For own stay is perfectly fine.