Oceanfront Suites @ Pasir Ris!

[XiaoPlate]

Project Details are as follows:
Oceanfront Suites - Minutes walk to the Beach
Tenure: Leasehold 946 years (Freehold Equivalent)
• 2 block of 5 storeys flat with 1st storey carpark & Swimming Pool.
• Total 58 units

1 Bed-Room Unit can go as low as $598k.

Do you think it is worth it to invest in this Project in terms of Rental Yield and Capital Appreciation? Why and Why Not? Discuss

 

[hardwarebob]

Project Details are as follows:
Oceanfront Suites - Minutes walk to the Beach
Tenure: Leasehold 946 years (Freehold Equivalent)
• 2 block of 5 storeys flat with 1st storey carpark & Swimming Pool.
• Total 58 units

1 Bed-Room Unit can go as low as $598k.

Do you think it is worth it to invest in this Project in terms of Rental Yield and Capital Appreciation? Why and Why Not? Discuss

Once you're sure about this financially, ask for further discount. It's a buyers market. Downside is Pasir Ris is really far despite the MRT/buses and these are always crowded with pinoys/indians FT who seems to like staying in the East if you don't mind renting out to them. I wouldn't.