Last Unit : #01-69
Tenanted at $9500 Til 25 May 2024
Maintenance Fees : $660
Last Unit : #01-69
Tenanted at $9500 Til 25 May 2024
Maintenance Fees : $660
Living Room (Furnished)
Kitchen
Common Bedroom (Ensuite)
Study Room
Master Bedroom
Bathroom
WHY 48 UNITS ARE SOLD WITHIN 3 DAYS!
1. UNDERVALUED
2. FIRST MOVER ADVANTAGE : 8 PLOTS UNDER FUTURE GLS
Based on past experience, those who seized the first-move advantage would benefit the possible rising prices of future government land sales.
3. Almost Cash-Flow Positive Investment !
Mortgage Instalment ($13,135) 👆
vs Current Rental ($12,000) 👇
4. Change in Regulations (2014)
Increase in Communal Space from 30% to 45%
Implications for Developers
===>More Costs is shared among Lesser Units
===>Increase in PSF for Future Units
Prosper from the First-Mover Advantage
Why Buy Eleven @ Holland ?
(Quantum Below $4 mil)
1. The simplest way to understand the value of a Cluster Home is to see it like a Executive Condo (EC).
2. HDB Upgraders who cannot afford Private Condos choose EC. We have seen the massive profits made by EC owners in recent years.
3. Cluster Home is inbetween Private Condo and Landed Property.
4. As condo psf spiral, people who want space but cannot afford landed would choose Cluster Home instead.
5. In the case of Eleven @ Holland, it is a Quantum and affordable play.
Lets ask ourselves what kind of Land Property we can buy with $4mil?
Old and Jaded?
Data: Semi-D at 565 Sixth Ave Sold at $6.5mil in May 2022
As Landed Properties spiral above $8mil to $10mil, would families who want to stay in Bukit Timah area be willing to pay $4.5mil and above to stay in a Resort-like landed community?
Last Unit at $936 PSF