Originally Posted by
tkc
All the focus are on mass mkt condos right now and the prime districts seems to be quiet.
I have been looking at River Valley D10 area (nathan, shanghai, mutiara side) to buy an apt for own stay. Interesting area as there's some nice food around the area and near to Great World City and really close to the 'happening' part of Orchard (Ion), compared to the RV area closer to Mohd Sultan. Spoke to a few agents recently and there were two agents who told me that the value of this D10 part of River Valley should go up, and currently is quite under valued compared to the neighbouring condos - eg those nearer to Kim Seng Road area (eg. Triullum), facing the other side of Great World City, next to the main road. And these condos are so much more expensive! Is it because of developer? The main road is pretty noisy as well so not sure why it is price at such a premium, and view...forget the view if you are facing GWC side.
They told me that the people here at Kim Seng area still have to make a big turn to go to Orchard, whereas this D10 RV area just need to make a left turn and will reach Orchard in a shorter time. I think technically it is true if one talks about navigation since Kim Seng Road is one way up. But I think they are both equally near to Orchard just looking at the map.
When I spoke to these agents, I did not specify the exact area I want, just told them around these precinct so as to get a more objective point of view.
Any comments from the forumers here on this area why the disparity in pricing? Is there really an upside in this part of RV?