The next few posts will document my journey to search for a value property and the thinking process, dilemma I had during the hunt.
The first property showroom I went was Riversail near upper Serangoon Cresent. It was a private condominium developed by Allgreen. The property was about 3KM from where I am staying. I like the property for several reasons.
- Near to my current home. I am familiar with surroundings such as Hougang Mall, Buangkok, Compass point, Nex, Kovan heartland mall.
- Next to park connector that allows cycling to punggol and kallang.
- Efficient internal layout, with very little wastage space.
- Separate living and dining area instead of having to split your living room to dining and living into half.
- Decent pricing of $850 PSF. A 2+ study 915 square feet unit will cost on average $778k. Assuming a modest rental of $2,800 a month, gross (Read more...)
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