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Private Property prices......still up or down? Part II

RadX

By RadX,
in Property Buzz

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Twincharged

Might have some logic there for personal stay.

 

But not that relevant for tenants.

 

Most important concept is buy relatively low maybe also sell relatively low.

 

So largely depends on what your intention is, and what are your preference or tolerance limits. There will still be buyers if your unit is the lowest on offer in your development, as there will always be those who want to prove their point that prices have not risen relative to other developments and they are still able to find even better value deals based on the lowest prices in each development.

 

 

Since we are talking about infra, just curious, is power substation always a concern when buying private property.

 

One of the agent told me the unit is situated next to a sub station and hence when trying to re sell may affect the prices.

 

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WangWang888

WangWang888

5th Gear

generally for fengshui believers, yes it is a concern....

 

for some people into scientific beliefs, i think it could also be somewhat of a concern if the high density electric waves are near you everyday? but i think it only affects those staying at the low floors.......i don't believe electric wave got limited reach.

Think one of the concern is EMF waves... There's a lot of write up about it online.
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Twincharged

Think one of the concern is EMF waves... There's a lot of write up about it online.

Singapore regulations should be very ultra safe level, but there would still be concerns, so just factor in accordingly.
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