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Is a 5-room BTO flat in Tengah a good investment?

Discussion (3)

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Teo See Hwa

30 May 2019

MArketing Associate at Propnex

You buy to stay or buy to rent.

Investment is about your timeline.

If you timeline is 20 years any property is a good investment.

Talk to someone who already own multi property not someone who did not even own a single.

Hi Yvonne!

This depends on how long you are planning to hold the unit. Currently, Tengah is considered an “ulu” area with limited accessibility. Jurong Regional Line with a dedicated Tengah MRT station is only targeted for completion and opening in 2026. The town is planned to be car-free, meaning that the use of private vehicles will also be restricted.

The Jurong Innovation District’s completion in 2022 may create spillover demand for Tengah. However, with the planned 42,000 new homes, it might take a while for the demand to be absorbed fully and for the price for your unit to go up.

If you are eager to upgrade in under 10 years, we wouldn’t count on it to appreciate so much. For more insights and information, read more at: https://www.99.co/blog/singapore/misconceptions...

Douglas Chow

26 May 2019

Chief Enlightenment Officer at Empower Advisory

Hi there. Douglas here. 2nd keynote speaker.

A BTO is always pretty much a good investment. Have n...

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