Continue evaluation of Kovan as the next potential property which investors, buyers and focus on long term investments. with Paya Lebar airbase removed to Changi, then more and more people will be injected into district 19 like Kovan, Seng Kang.
Freehold and 999 properties – most buyers, investors will prefer to buy a freehold or 999 property. Or also will pay a premium for a freehold or 999 property.
99 years property – Project reached below 60 years, you will have problem in financing from banks and problem financing from CPF. And also after 60 years the 99 year property prices will drop very fast.
With so many people staying in district 19 areas below. People looking to upgrade to a private property after their HDB MOP will be higher chance in these areas. And as most buyers will like to buy back a property in their same district, therefore, if you own your private property now in district 19. You will have many potential buyers who wnat to buy from you.
Property trending of Singapore properties regardless of the high and lows corrections. The trending of properties prices is still up. And how do you know if Singapore property prices are good? You can ask your older generations now if they are able to buy a hdb flat, landed property or keep their money in the bank in the past. Which will your older generations will buy? If their answer is landed property (Which will give them alot of property gain) then you will know property gain is alot. Therefore if you have not bought a property, do purchase one as soon as possible, time will give you alot of property capital gain!
Current we have estimated 1.3m to 1.5m houses in Singapore. And based on the statistics of houses we still do not have sufficient houses to meet the population growth for demand of houses. So for long term property investment, your property investment in Singapore will be good as all property condo, landed property, apartment, HDB flats prices (Real estate property capital gain and rental yields) will go up.