Hi @xfall86, I think first of all, you have to frame your mindset as to why you are buying the 2bed 2 bath in the first place. Are you buying for ownstay / rental / investment? What is your holding period? Are you looking to exit in 5-10 years? If yes, will there be a target market for your property in the future? For example, there are 2bed dual key layouts in Park Colonial. For own stay and renting out one or renting out both rooms this offers great options for the buyer in terms of cash flow and rental yield. But if you are looking to flip in the future, based on my research, dual key units have not performed well in terms of capital appreciation historically. Maintenance fees Park colonial is lower. If you would like a comprehensive comparison of the market and in terms of layout, you can whatsapp me at 84849302.
For folks who wanna sell in future, they would also need to consider how much do resale condos appreciate % wise though these projects are kinda new still. May not be as much as buying brand new or vs bto where prices can double.
@@xfall86 So you mean the potential to appreciate in the future? There will be alot of factors to consider of course. From macro to microeconomic factors, how US will impact the fed funds rate to Singapore's housing market supply and demand. Different buyers have different needs. If you would like a comprehensive comparison of the market and what options would make the most sense, you can whatsapp me at 84849302.
I dont have the statistics but i assume higher proportion of PR and foreigners are investors when compared with locals. Hence projects with many PR and foreigners will see many tenants in and out and I personally wouldn't recommend at all.
@@shaoweichua6911 I agree with you 👍🏻. Personally I feel that another good indicator on the percentage of investors / ownstay owners will be the number of 1/2 bedrooms and the unit types, layouts in the development.
@@shaoweichua6911 yup and I mentioned that they would have a safety net as the other foreigners or PR paid ABSD as well. From this ABSD perspective it would make sense. Of course in a purchase if they are looking to rent out, own stay or exit within a few years, there are a lot of different considerations depending on the buyer’s timeline and budget. So for foreigners and PR both might be looking at project A, but it might not be suitable for them depending on their objectives. In the end, there is no one size fit all solution 😊 and that’s where I come in to advise based on needs.
Woodleigh is like the best city fringe now - awesome mall, awesome hawker, new developments, alot of young people
You stay here? Yes it’s a bustling new town area!
Any opinion on 2bed 2bath for these 2 condos? Still worth going in now?
Also woodleigh residences has higher maint costs right
Hi @xfall86, I think first of all, you have to frame your mindset as to why you are buying the 2bed 2 bath in the first place.
Are you buying for ownstay / rental / investment?
What is your holding period? Are you looking to exit in 5-10 years? If yes, will there be a target market for your property in the future?
For example, there are 2bed dual key layouts in Park Colonial. For own stay and renting out one or renting out both rooms this offers great options for the buyer in terms of cash flow and rental yield. But if you are looking to flip in the future, based on my research, dual key units have not performed well in terms of capital appreciation historically.
Maintenance fees Park colonial is lower.
If you would like a comprehensive comparison of the market and in terms of layout, you can whatsapp me at 84849302.
For folks who wanna sell in future, they would also need to consider how much do resale condos appreciate % wise though these projects are kinda new still. May not be as much as buying brand new or vs bto where prices can double.
@@xfall86 So you mean the potential to appreciate in the future? There will be alot of factors to consider of course.
From macro to microeconomic factors, how US will impact the fed funds rate to Singapore's housing market supply and demand.
Different buyers have different needs.
If you would like a comprehensive comparison of the market and what options would make the most sense, you can whatsapp me at 84849302.
I dont have the statistics but i assume higher proportion of PR and foreigners are investors when compared with locals. Hence projects with many PR and foreigners will see many tenants in and out and I personally wouldn't recommend at all.
@@shaoweichua6911 I agree with you 👍🏻. Personally I feel that another good indicator on the percentage of investors / ownstay owners will be the number of 1/2 bedrooms and the unit types, layouts in the development.
At the start of the video, you suggested PR and foreigners to buy projects with higher proportions or PR and foreigners?
@@shaoweichua6911 yup and I mentioned that they would have a safety net as the other foreigners or PR paid ABSD as well. From this ABSD perspective it would make sense. Of course in a purchase if they are looking to rent out, own stay or exit within a few years, there are a lot of different considerations depending on the buyer’s timeline and budget.
So for foreigners and PR both might be looking at project A, but it might not be suitable for them depending on their objectives. In the end, there is no one size fit all solution 😊 and that’s where I come in to advise based on needs.