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Originally Posted by
Molotov
There is no need for u to believe what the agent said. He/she is no fortune teller, neither are u.
For your info a good number of suites/soho buyers are property agents (FEO agents/FEO staff aplenty) and bank staff (those at the showroom offering loan schemes). The bank staff are entitled to a 90% loan from their respective banks unconditionally. Many of them pooled money together to get a few units. These two groups of people have some common points:
1. They all had the privilege of being at the vvip preview and they gotthe best prices
2. They all believe WT is the most outstanding project in district 19 since a long long time
3. They will flip within 6 months from TOP expecting a gain of at least 30%- 40% (not much to many self proclaimed old birds here but it's a handsome sum to these young savvy people)
The 3- & 4-bedders buyers are a different group with a different agenda.
Of course u hv the usual suspects of investors who bought the smaller units to rent out. Their bet - Seletar Aerospace park, Changi airport, Flight stewardesses, Loyang industrial park and last but not least, the new Sengkang West Industrial area west of Jalan Kayu.
Despite such a motley mix of buyers, it seems that undoubtedly the common view is that WT with the malls and integrated MRT is a safe bet, nothwithstanding the bleak economic outlook ahead and Punggol being "ulu". Again only time will tell..
Yes, before u ask me in the next post, i am not an agent or bank staff or FEO staff.