D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Hi,
I have been viewing some units along toh tuck area / jalan jurong kechil area.
what are the implications of getting a 99 leashold versus a freehold property in that area ? Does this mean that a 99 year will go down in value over time ?
e.g. High Oak condo ( 99 year) versus Signature Park condo ( FH) .. there is a vast difference in terms of pricing now, though both are about 6 years old.
Also, for bukit regency condo (FH) is this worth buying ? I was told that this property can go up to 1 million in pricing soon according to one property agent.
Pls advise.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Quote:
Originally Posted by ko
Hi,
I have been viewing some units along toh tuck area / jalan jurong kechil area.
what are the implications of getting a 99 leashold versus a freehold property in that area ? Does this mean that a 99 year will go down in value over time ?
e.g. High Oak condo ( 99 year) versus Signature Park condo ( FH) .. there is a vast difference in terms of pricing now, though both are about 6 years old.
Also, for bukit regency condo (FH) is this worth buying ? I was told that this property can go up to 1 million in pricing soon according to one property agent.
Pls advise.
Signature Park is definitely more than 6 yrs. At least 10 yrs old.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Quote:
Originally Posted by revieli
Signature Park is definitely more than 6 yrs. At least 10 yrs old.
It will be too risky to buy signature park now as asking prices had increased by more than 35% since February. When the MRT is built, I doubt it will be that close to signature park. If it takes 15mins to walk, I would not consider close to MRT
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
I still think The Hillside is better than all those you mentioned.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Where is the future MRT going to be built ? I heard it's opp the Bt Timah food center ? If it is, high oak condo is about 1 km away.
Personally, I do not fancy the hillside or hillview area because of a lack of amenties and price wise not sure if it will appreciate much in the future.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
when the whole spore is on the rise, everywhere will go up.
traditionally, after district 9, 10, 11... you'll have 15 and 21 catching up.
of course today, you also hv new areas like the marina and keppel bay.... also not forgetting district 5 due to one north.
if jurong and tampines can go up.... district 21 will hv no prob catching up.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
D21 is quite wide scope - spanning from king albert park all the way to hume ave at upper bt timah .. within this district, which location will be of better value in terms of price appreciation and rental yield ? Looking at garden vista 99 year, the price has gone up to 1 million for a 3 bedroom, and the FH around that area is now 1.x million for a 3 bedroom be it new or old FH property along that area .. Hume avenue area prices doesn;'t appear to have gone up much though.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Quote:
Originally Posted by Unregistered
D21 is quite wide scope - spanning from king albert park all the way to hume ave at upper bt timah .. within this district, which location will be of better value in terms of price appreciation and rental yield ? Looking at garden vista 99 year, the price has gone up to 1 million for a 3 bedroom, and the FH around that area is now 1.x million for a 3 bedroom be it new or old FH property along that area .. Hume avenue area prices doesn;'t appear to have gone up much though.
i have done some homework in this area and i think the raintree (behind southaven) offers good value at this time.
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
actually leasehold and freehold should not be a concern if you dont mind staying in that project for good, at least until it grows old enough to be enbloc in future...with this round of enbloc fevers, everyone now knows that leasehold is not the end of the world... and esp now that the gap between leasehold and freehold is widening and with freehold reaching quantum beyond some folks' pockets..
but depending on investment or stay, your choice of location is important...but if to stay for short period, depending on the quantum at play in the market, then leasehold factor may come into play...
Re: D21 Toh Tuck / Jurong kechil area - freehold or 99 years?
Quote:
Originally Posted by yulishu
actually leasehold and freehold should not be a concern if you dont mind staying in that project for good, at least until it grows old enough to be enbloc in future...with this round of enbloc fevers, everyone now knows that leasehold is not the end of the world... and esp now that the gap between leasehold and freehold is widening and with freehold reaching quantum beyond some folks' pockets..
but depending on investment or stay, your choice of location is important...but if to stay for short period, depending on the quantum at play in the market, then leasehold factor may come into play...
Agree,
Farrer court not only is leasehold, it is HUDC apt with limited facility.
Last year this time if you bought a unit (transacted price at that time was around 600K), you made close to million. Show me one FH less than one million last year but ended up with this kind of profit (300%) in just one yr.
The Farrer court example really excited every Ah Beng and Ah Lian on the street and everyone is busy in searching the next winner. At this point in time, the risk/reward ratios is already too high and the party for buying a property has potential for enbloc is over