It’s true in the 90’s that many people have become rich the property route. I.e. Buying and flipping properties in the run up.
Some have gotten rich through buying new cheap properties, sprucing it up and then reselling it on. Others have looked at properties below a certain price quantum e.g. S$1 million or S$600,000, bought them and then resold when the market realized the properties’ potential.
So it’s not a wonder then that property investments is perpetually on the minds of Singaporeans young and old alike.
At this point of time in 2017, with the market having run up more than 70% since the bottom in 2008/09, are there still hidden gems of properties in the market for investors to sniff out.
Some may say the Singapore property market is fully priced now, others will beg to differ citing reasons such as
- Growing and healthy economy with GDP growth of 2-3% in the past year
- Easy flow of capital into and out of the country, making overseas investors likely to target the country for property investments
- Limited stock of land in Singapore which creates an upward bias in land values
Whatever the case may be, there still are properties in the market that are of a palatable and consumable quantum for investors to target.
In this post, here are 4 new properties that you can consider to get started on your property investment and passive income dream.
Kingsford Waterbay
| Address | Upper Serangoon View, 539999 Hougang / Punggol / Sengkang, Serangoon / Thomson (D19-20) |
| Type | Apartment |
| Floor size | 657 sqft |
| PSF | S$1,216 |
| Tenure | 99 years |
| Developer | Kingsford Property Development Pte Ltd |
| Furnishing | Partial |
| Floor | High floor |
| Selling points | Free shuttle bus to Hougang MRT Short drive to CBD / Orchard via KPE AMAZING SCENIC RIVERSIDE VIEW!! Rare at this price!!! Don’t miss this chance! Surrounded by amenities: Right beside Punggol Park Near famous eateries Heartland Mall Upcoming kovan Marketsquare Hougang Ave 9 community centre Surrounded by top schools: Serangoon Sec (0.16km), Rivervale Pri (0.18km), CHIJ Our Lady of The Nativity (0.65km), Holy Innocent’s Pri (<1km), Nan Chiau Pri Condo Facilities: State of the art / LONGEST pool in Singapore’s Condos!! 24hr security Child play area BBQ pits |
City Suites
| Address |
Balestier Road, 329999 Balestier / Toa Payoh, Balestier / Geylang (D12-14)
|
| Type | Apartment |
| Floor size | 452 sqft |
| PSF | S$1,703 |
| Tenure | 99 years |
| Developer | Corporate Residence |
| Furnishing | Partially Furnished |
| Floor | High Floor |
| Selling point | City fringe, convenient location, huge tenant base. Stone throw away to amenities, Whampoa food centre & market. Close proximity to Novena MRT station Mins drive to Orchard Road Shopping Belt, CBD and Marina Bay Financial District Easy access via Pan Island Expressway (PIE) and Central Expressway (CTE) Short walk to Singapore Medical Hub and Medical facilities Surrounded by Supermarkets, Eateries and Shops Reputable schools in vicinity that namely Hong Wen School, St Joseph’s Institution Junior, Balestier Hill Primary School, Farrer Park Primary School, Bendemeer Primary & Secondary School, CHIJ Primary & Secondary (Toa Payoh) International Schools namely Global Indian international School (Balestier campus), Italian Supplementary school (Embassy of Italy), Eton House International School (Newton), Insworld Institute and SJI International school |
Parc Life
| Address |
Sembawang Crescent, 759999 Sembawang / Yishun, North (D25-28)
|
| Type | Executive Condominium |
| Floor size | 1270 sqft |
| PSF | S$730 |
| Tenure | 99 years |
| Developer | Sembawang Residences Pte. Ltd. |
| Furnishing | Partially Furnished |
| Floor | High Floor |
| Selling points | Located just minutes away from Sembawang MRT Station and Sembawang Bus Interchange Exclusive development with newly renovated Sun Plaza just 5 mins walk away Upcoming North-South Expressway make travelling to the city a breeze Woodlands Causeway Point and upcoming Northpoint City just a few minutes drive away Various layouts and sizes to cater to different family sizes and lifestyles Established and reputable developer with many completed properties |
Interested in any of the above? Or simply looking to buy or sell one?
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