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Singapore Private Property prices still up or down? Part III

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1 hour ago, Soya said:

Why does anyone wanna stay near a hospital?

 

as the marketers will usually say, fetch good rental to the doctors and nurses.......

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17 hours ago, Soya said:

If one can buy into their marketing that it's anywhere near GSW, say 500% oso can....

 

haha.......seriously speaking, those who really buy in to such astronomical estimate of the capital gain need to have their brains checked.

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There's a need to balance the potential growth, which is a real thing, versus the possible and also the fact that we have so many units coming up. If one buys too much into the hype, you may pay too much. Stand by the side too long and you may lose out too.

So is there a middle ground? Yes, but it will depend on your own skill and sleuthing abilities to find a good value place. Typically it's not the new ones that offer value, rather, the almost new between 5-15 years old that offer more value. 

In the area, there are many such units, you just need to look harder... 

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22 minutes ago, Acemundo said:

as the marketers will usually say, fetch good rental to the doctors and nurses.......

That's marketing BS. Pinoy nurses can afford to rent condo meh? Docs can afford car, dun need to stay walking distance to hospital

And somemore anytime of the day got eee-orrr-eee-orrr sound

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Actually the proximity part makes sense..

Those who are renting don't drive hence they want a place near work - if they work there.

Nurses will squeeze a few into the same unit. 

Sirens usually get switched off in the hospital itself.

But the trains aren't near and it's not really that great an area nor is there a great view unless you have the right facing. So do your homework I say... YMMV... 

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59 minutes ago, Acemundo said:

as the marketers will usually say, fetch good rental to the doctors and nurses.......

Any cons to staying near hospital?

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17 minutes ago, Kusje said:

Any cons to staying near hospital?

from fengshui perspective, no good to be near epicenter of negative energy

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40 minutes ago, Kusje said:

Any cons to staying near hospital?

Some people think stay near hospital scare got airbone pollutants from the hospital, or if there is any outbreak like SARS, the surrounding would become like ghost town. Lol. But if use for rental purpose then should be good, cause there is high demand from nurses.

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Okay. I am asking because my place will be pretty near the new woodlands hospital.

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On 9/4/2019 at 11:40 AM, Kusje said:

Any cons to staying near hospital?

I stay 1-2 bus stops away from SK hospital.  Ever since last August, more ambulance sirens are heard.  Sometimes (few times a week) will hear siren middle of the nite.  It didn't help when the fire station is nearby too.  Some people may not like it. 😄

So if stay there have to get used to it.  I'm used to it already.😄

 

 

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Practically speaking, it might not be a bad idea to be near a hospital. The optimal state is to be a couple of streets away and not directly beside or facing it.

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22 minutes ago, Dleodleo said:

I stay 1-2 bus stops away from SK hospital.  Ever since last August, more ambulance sirens are heard.  Sometimes (few times a week) will hear siren middle of the nite.  It didn't help when the fire station is nearby too.  Some people may not like it. 😄

So if stay there have to get used to it.  I'm used to it already.😄

 

 

its ok lah....sirens not as loud as the f15s flying around the area

free airshows leh

😅

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19 minutes ago, therock said:

It's interesting that Japan is discouraging high rise..

I guess they really have that population and birth crunch..

A real contrast to the past decade and also to us..

https://asia.nikkei.com/Business/Construction/Fearing-ghost-towns-Japanese-cities-ban-high-rise-condos

Japan has lots of earthquakes. Different story.

The density is also more manageable with more options to build outside city centre.

We really have very little choice in this regard.

Edited by Showster
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From urban planning point of view, there are many advantages if the population can work, live, play over a smaller area. 

For one, less commute time & traffic. Reduce emission & pollution etc.

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On ‎9‎/‎4‎/‎2019 at 11:07 AM, Soya said:

That's marketing BS. Pinoy nurses can afford to rent condo meh? Docs can afford car, dun need to stay walking distance to hospital

And somemore anytime of the day got eee-orrr-eee-orrr sound

Singhealth is expanding the SGH campus and more docs will be working there soon in their grand master plan.

Anyway you might be surprised to know that many people can afford car but chose to live within walking distance or 1 mrt stop to where they work, including docs, bankers and so on. I have a doc friend who will never buy a car and his plan is to shift as conveniently as possible to where his clinic is located. Another friend who is in real estate business is making good money but chose to stay at Bain Street where his office is close by and not get a car too.

So don't rule out the desirability of people wanting to stay close to where they work even if they can afford car but chose not to. Even those that have car often also like to stay near to where they work (not necessarily walking distance but within a few mrt stops).

Edited by Damienic
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On 9/5/2019 at 3:52 PM, Showster said:

Practically speaking, it might not be a bad idea to be near a hospital. The optimal state is to be a couple of streets away and not directly beside or facing it.

what about near mount vernon?

must be good location right

property nearby sibei ex leh ... 

Edited by Wt_know
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