Mandarin Gardens - Is it still worth buying?

[KG Tan]

I am considering buying a unit at Mandarin Gardens. Need some advise from experts here. Objective of buying a property in District 15 is to get closer to my child's primary school.

Reasons for shortlisting Mandarin Gardens is due to the size of the land (One million ft2). We also impressed with the comprehensive facilities the condo offers. There are also shops within the condo and walking distance to Siglap Centre. Mandarin Gardens will (should) also benefit from the upcoming Eastern MRT Line. In short, it is a good place for kids to grow up and perhaps for us to retire.


My only concern is the age of the property (about 31 years) and it is a Leasehold property. It might be more difficult to sell as compared to other newer condo in the event I need cash urgently. It may not appreciate as much as others (not sure if it will appreciate any further at current price of $1,000 psf)??? En bloc will be tough but I hope it will not happen.

With a budget of about $1.6m to $1.7m, is there any other options available (either 3 or 4 bedroom unit) that is similar to Mandarin Gardens kind of land size? I am also considering either The Bayshore and Cote Dazure as an option.

Any advise will be helpful. Thanks in advance.

[4wheels]

My only concern is the age of the property (about 31 years) and it is a Leasehold property. It might be more difficult to sell as compared to other newer condo in the event I need cash urgently. It may not appreciate as much as others (not sure if it will appreciate any further at current price of $1,000 psf)??? En bloc will be tough but I hope it will not happen.

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if you base on the transactions for the past 3-4 months, I would think that this concern is not valid. There are about 15 transactions, so it is quite sizeable for a "old" condo.

[puffer_fish]

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[xebay11]

This place is anything but Mandarin, please go there in the evening, more like Hindi Gardens.

[eng81157]

I am considering buying a unit at Mandarin Gardens. Need some advise from experts here. Objective of buying a property in District 15 is to get closer to my child's primary school.

Reasons for shortlisting Mandarin Gardens is due to the size of the land (One million ft2). We also impressed with the comprehensive facilities the condo offers. There are also shops within the condo and walking distance to Siglap Centre. Mandarin Gardens will (should) also benefit from the upcoming Eastern MRT Line. In short, it is a good place for kids to grow up and perhaps for us to retire.


My only concern is the age of the property (about 31 years) and it is a Leasehold property. It might be more difficult to sell as compared to other newer condo in the event I need cash urgently. It may not appreciate as much as others (not sure if it will appreciate any further at current price of $1,000 psf)??? En bloc will be tough but I hope it will not happen.

With a budget of about $1.6m to $1.7m, is there any other options available (either 3 or 4 bedroom unit) that is similar to Mandarin Gardens kind of land size? I am also considering either The Bayshore and Cote Dazure as an option.

Any advise will be helpful. Thanks in advance.

there's bayshore park and costa del sol around bayshore area. or else you will be looking at the small developments around telok kurau area.

[smellyfish]

This place is anything but Mandarin, please go there in the evening, more like Hindi Gardens.

you can say the same for the entire east coast

[pod]

This place is anything but Mandarin, please go there in the evening, more like Hindi Gardens.


u r Xebay funny... lol

Good one! :)

[nig]

u r Xebay funny... lol

Good one! :)

Haha
Good one

[zeamybro]

you can say the same for the entire east coast

Not just east coast, but also the older condos at bedok reservoir, tanjong rhu, meyer etc.....

[leesg123]

you can say the same for the entire east coast

Sorry not the entire east coast. They are only in pockets of area like meyer and upp east coast. They like places that seems prestigious but at a fraction of the price.

[leesg123]

This place is anything but Mandarin, please go there in the evening, more like Hindi Gardens.

Pls dont anyhow change the name! Last I heard was Mumbai Garden.

[zeamybro]

Sorry not the entire east coast. They are only in pockets of area like meyer and upp east coast. They like places that seems prestigious but at a fraction of the price.

So true. From what i observe, the amber area is still spared ......

[eng81157]

meyer isn't exactly a 'cheap' area

[leesg123]

meyer isn't exactly a 'cheap' area

It gives the impression one is living at amber area. But is actually meyer. Cheaper than amber.

[zeamybro]

The houses in meyer are atas and expensive ... but rental is bad.. so its 'cheap' to the tenants.