Originally Posted by
yowetan
Hi...I am just stating the facts.
It is true that price(s) will be scaling high due to inflation and other factors. However, when crash or correction does come - property that is in disadvantage positioning i.e. location, pricing strategy, leasehold (999/FH/99) will be badly impact and affected.
Not to bash 99LH property. For the case of Hillview peak, it will be TOP around 2017-2018. Technically speaking it could be 4 years wait. Now, if we look at this time-line critically, it is also translating to 4+2 where by 2 years was wasted in marketing etc. In short, the remaining lease would be 94 years. Comparing to the likes of hillvista and Glendale (both FH) and the other properties around the area (999/FH), the 99LH will be pale in comparison.
It is very near to hiller where it promises entertainment, food and whichever lifestyle FEO like to speak of; If we again look at Greenwich also a FEO project in Jalan Kayu - I reckon it will not be a very good entertainment experience afterall. Developments with malls and restaurant does not necessarily translating to quality lifestyle.
Hillview area attraction should be it's tranquility, like the Mt Sinai area. If there is ever a day that Holland Village activities breaching into Mt Sinai area, It will be the day I drop my idea of living in Mt Sinai. Fortunately, the Mt Sinai is too expensive for such activities to penetrate thus it is an exclusive place afterall. Unfortunately, it is kinda way beyond my financial affordability though I am preparing to enter with great bold plan ahead.
A place is attractive because it has an intrinsic value and characteristic. If it is artificially made/fabricated, it won't last.