5 Reasons Why An Older Condo Can Be A Good Investment

[@StackedHomes]

Would you buy an old condo as an investment? Share your thoughts/experiences with us! Store - stackedhomes.com/store/?.com&IXGO4xGVRLA Website - www.stackedhomes.com/?.com&IXGO4xGVRLA Instagram- instagram.com/stackedhomes Facebook - facebook.com/stackedhomes TikTok - www.tiktok.com/@stacked.homes

[@onlinevoice195]

It seems that younger buyers tend to prefer leasehold condo no older than 10 years than older freehold apartments/condo between 20 and 30 years in the same district even when the older ones are cheaper psf. Why?

[@Victor-rt3fx]

This presenter is always so composed and speak well. Thumbs up for him!

[@StackedHomes]

Thanks Victor 🙌

[@namichan6830]

​@@StackedHomes Agree

[@wenny_cai]

Agree

[@shellyannegoh6054]

Many are actually trying to rent further from the city center because of overcrowding in the city and the lack of greenery. What renters are asking these past 5 years: 5 minute walk to MRT, whole unit, 4-room HDB, near to a water body, major track for running, greenery, near to swimming pool and gym or sports hall, polyclinic and mall. So places like Sembawang are greatly sought nowadays for being near the beach, etc. 30 minutes train to Orchard, 13 minutes Uber to Malaysia checkpoint for the weekends.

[@fonglingchoong4845]

Yes speaks well and clear. Only small suggestion is to wear a less busy shirt🙂

[@StackedHomes]

Thanks for the feedback!

[@jamestan9960]

Great stuff. Just to share, Spottiswoode Park is a HDB estate and not a condo property status.

[@StackedHomes]

Thanks for sharing!!

[@srinivasaraghavansridar5313]

Hi - what are your thoughts on older condos like yishun emerald and Yishun Sapphire?

[@DesChew]

What's your thoughts of old HDB in mature area like Holland V, Toa Payoh, that is left with 50 years lease yet commanding high price?

[@glengoi1725]

What do you think of Thomson 800? Not many nearby amenities but about 7 mins walk to Caldecott MRT.

[@Rod-bp8ow]

Condominium units and owners are also good when it comes to the shelf life of the condominium, since each owner knows the functions of a building administrator(s) that makes the certainties amongst its owners in order to remove/restore and repair the idle units waiting to be cleaned. The flats can be integrated altogether with the ones designed for businesses and tgw other one designed for residential areas... it is to cooperate and coordinate with the measures, designed to make these buildings and structures safe by its yearly unit owners association fees for repairs/contribution as well as collection in order to expand the shelf life of the building(s) while necessary papers are to be secured in order to protect the land (TCT) up to date and not late from any real estate tax, yearly reports to the local government and safety, geodetic, electrical, chemical engineering reports/documentation. Those procedures are going to secure/extend and make the total structure reach its potential, per reports declared by the construction companies/developers making it reconciled with the materials used in accordance to its shelf life/grade material(s) quantification/durability tests and measures for a safe and long lasting/worry free living. SMEs...Ptd/Trademarks/Copyrights/LLCs/Registrations/Registered/Copyrighted/Registered/are owned by its respective owners and has rights to inspect the details of the building plan/blue print/fine print necessary for reconciliation standards and measures both administratively and technically for businesses and residential measures and grades. Tiers 1 and 2Levels 1 and 2 MGMT Private and Public sectors attested standards for building codes and sanitation/engineering-cooperation/coordination and statistics respectively certain.././././././G.M Industries. Thank you. DON'T DELETE, This is IMPORTANT.

[@Janettan1371]

Some of the old condos like Neptune Court have beautiful seaviews and are near the East Coast Park and they are cheap!

[@StackedHomes]

Thanks for sharing!

[@Godfather1921_melo]

1975 lah , very lao ya

[@jw3632]

Can you pls also share your view on old hdb in prime locations? Thanks

[@StackedHomes]

That's a great question. Will feedback this to the team!

[@yannyx2536]

Hi, what do you think on those HDB at East Coast Park which were built in 1970s? I do like that location but as a young buyer below 30s, I do have some concerns about getting such an old unit

[@StackedHomes]

Hey! When it comes to old units here, we do think it's best to stay away if you are young and are concerned about capital losses. However, if the value of the home is not much of a concern, then that's okay though I would think carefully since it can really affect your ability to purchase another home that you like when it comes to upgrading later on.

[@yannyx2536]

@@StackedHomes Thanks for sharing! I think I'm still heading to those younger options

[@nanhu2123]

What do you think the Windsor for en bloc potential? Thank you.

[@khchan2]

nice sharing.😃

[@StackedHomes]

Thanks for visiting!

[@icecreamstudios9914]

Can you share old condos around simei? Alot of old condos are located in simei.

[@StackedHomes]

Thanks for the feedback! We'll look into it 😀

[@juhaimiab8408]

Tell us about old Hdb, please

[@StackedHomes]

We'll look into that 🙌

[@infinitelight465]

Is $1400 psf for freehold cavenagh garden a good investment for enbloc?

[@StackedHomes]

We aren't very positive about Cavenagh Gardens for en bloc considering the area's height restriction. The ground isn't flat and it's next to the CTE - there may be implications when digging underground. You can look at Waterscape at Cavenagh's sales performance as well which did not do well - www.straitstimes.com/business/property/hiap-hoe-to-offload-unsold-units-of-waterscape-cavenagh-to-parent-to-relieve-qc That development recorded more unprofitable transactions than profitable ones. For these reasons, it's not very encouraging to developers to make the purchase. While it's old, freehold and in a central location, this is just a generalisation but in Cavenagh Gardens case, there are these unique factors to consider as well.

[@infinitelight465]

@@StackedHomes, any freehold resale project in district 9 around $1400 to 15pppsf to recommend for investment? Thank you

[@PptyS209]

What do you think of melville park in Simei?

[@Ken-fx6vl]

Old but due to its reputation, its only good for renting and enbloc if possible. But for reselling, price are dampened due to its reputation.

[@keithwoojinyao]

What’s your opinion of valley park and any en bloc potential?

[@StackedHomes]

Considering the size of the development and existing price, we think that developers would have to take on a lot of risk so we do not think the en bloc potential is high. That said, we can't say for sure either!

[@jeromy3272]

Question: just to confirm, SSD applies to new property purchases that are enbloc within 3 years of purchase?

[@StackedHomes]

Yes! SSD would still apply, even if you voted against the en bloc.