Hi all,
Firstly, I would like to find out your thoughts on the proposed Jurong Lake district development. Do you think it is overhyped like Punggol 21 or is there real potential upside?
Secondly, I have a exec apt bordering Jurong Lake worth about 500K. Should I sell or keep and rent out? Rental yield for EA is pretty low....maybe $2K monthly rent. Even if there is potential upside to Jurong Lake District, the time horizon for development is pretty long....10-15 years