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(15-11-2013, 03:42 PM)gautam Wrote: In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO. i think you can say the same for HDB estate. Example REDHILL Estate or Queenstown.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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15-11-2013, 04:20 PM
(This post was last modified: 15-11-2013, 04:22 PM by NTL.)
(15-11-2013, 03:42 PM)gautam Wrote: In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
Other than FH and near MRT, it is preferably to near the town too. RCR is the area which I believe is the best to invest.
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(15-11-2013, 03:42 PM)gautam Wrote: In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
next time, almost everywhere will have MRT. If you want to bet on new MRT station, choose location near poly, JC or uni or school cluster. The daily traffic flow will justify a station. E.g. I am quite sure TaoNan/CHIJ/KC/St Pats stretch will have a MRT station.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(15-11-2013, 04:22 PM)opmi Wrote: (15-11-2013, 03:42 PM)gautam Wrote: In s'pore, it is location location and location.
If you have a leasehold ppty next to a MRT, sure..the number of years will run out, but before that happens, opportunities will likely present themselves to the owners to unlock the value of the remaining lease. It will come as a premium compared to similar ppties away from the mrt.
Next to prime schools is another thing. Again, opportunities will present themselves.
But schools can shift, not MRT. Once built, almost impossible to re route.
Nothing beats the convenience of living near a MRT station, especially those below ground stations.
If you have FH and near MRT, its a goldmine. IMO.
next time, almost everywhere will have MRT. If you want to bet on new MRT station, choose location near poly, JC or uni or school cluster. The daily traffic flow will justify a station. E.g. I am quite sure TaoNan/CHIJ/KC/St Pats stretch will have a MRT station. I think some areas will have LRT and not MRT. So there is a difference.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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