Hi I am a Noobie here. Wondering if any of you can give your views on which area is better for long term investment between these 2 area in D12.
Boon Keng or Balestier (assuming around the same price)?
Hi I am a Noobie here. Wondering if any of you can give your views on which area is better for long term investment between these 2 area in D12.
Boon Keng or Balestier (assuming around the same price)?
prefer Boon keng
'newer' estate
fewer condos
wider roads
more space for future development
balestier
too crowded
traffic issue
too competitive when it comes to renting out
Boon Keng area with a stretch of mrt station
Balestier no mrt.
between the two i'd go for boonkeng.
balestier has a slightly dodgy feel and a lot of "foreign talents".
however the balestier on the side of the new hospital ie minbu road side, is much better than the shaw plaza side.
the reason why you are intrigued by balestier is probably because you found a number of units there which fit your budget. beware that this could also mean there are lot of units looking for buyer.
for investment purpose ie rental, i actually do think balestier condo like prestige height is not bad, at least yield wise. a unit sold for 460k recently true fire sale. rental 1800. so really not bad in terms of rental.
wah 460k really firesale and quite good deal given the rental hovering around 1.8k to 2k
460k the price still got room to go up