Personally, I have visited several units last weekend to determine if the project was indeed suitable for investment. In my honest/humble opinion, I reckon the prices quoted (in excess of 1000psf) are way too high and definitely not worth the valuation of the sellers in the long term. My reasoning is as follows:
1) Leasehold
2) Quality of furnishing is poor; meant for the mass market no doubt (the launch price was also targeted at the upgrader community)
3) Some units have to share a common waste chute, which is very inconvenient in my opinion
4) Better bargains in the nearby RV/RQ district, especially considering the 1000-1200psf pricing; how much investment potential would there be? In any case, the upswing would definitely be much higher for the RV/RQ properties since both are essentially starting off from the same baseline now.
Hence, I urge potential buyers to seriously consider all the pros and cons before going ahead with your purchases, just to prevent yourself from being seriously duped by the profit-hungry Metro sellers. For one, in most business transactions, it is every man for himself.