Each time I share in regards to the Eight Riversuites project, majority of clients will tell me how “complex” and mature the area is. If everyone think the same then who makes the dough? It’s an identical concept to the stock exchange, when do you make the most gain? Invest when most people are afraid or when most people are greedy?
I urge you my pals, envision what is going to happen to this area down the road years rather than harping about the current state. I am looking forward to our master plan 2013 and also the exciting developments our policy makers have because of this area rich with culture and heritage.
One other thing note concerning this area may be the age of the surrounding HDB flats. A lot of them were built-in the 1970s. Any idea what of these chances being en bloc and rejuvenated? I see opportunities. Think about you?
I won't enter in the actual specifications of the project. However, I’ll want to highlight it’s attractive cost of $1350 psf on the average. Isn’t it a steal considering projects which are further from city center already commanding $1400 to 1700 average psf?
I love to compare Eight Riversuites with Citylights. If you trawl the forums, you may find many negative comments about citylights project on unpleasant surroundings and “longkang” drain views etc…
Check out the price trend below, exactly what does the chart let you know? Gravity defying prices! Are buyers and investors blind? NO, they see value however are paying an average of $1600psf now. Are you currently saying basically had known I would have invested?