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Sunday, June 28, 2009

Invest in Singapore Property: Goldenhill Park Condo Pictures

Invest in Singapore Property
Goldenhill Park Condominium


Courtesy of: www.PropertyBUYER.com.sg and www.Singaporehomeloan.net

With the Australian International school moving to the Ang Mo Kio vicinity, the area around Lorong Chuan and Ang Mo Kio ave 1 has become a hot private residential enclave. The area is lined with shady trees and the landscaping is good.

Although it is hard to estimate the true impact of the Australian international schools to the surrounding demand of properties, the Australian international school no doubt plays the part of a catalyst.

Ang Mo Kio has traditionally not had too much supply of private condominiums as it is Singapore's largest HDB residential estate. There are many people who are used to Ang Mo kio vicinity and would be willing to snap up properties around that vicinity if the price is right.

Singaporeans, especially those with good cash flow have invested in Singapore's residential area with good expatriate demand. Some are buying to stay with a view to investment for capital gains.

Nonetheless, Singapore's residential market is small compared to other established markets, therefore buyers are advised to exercise caution when buying. Especially new developments where the pricing is typically stretched. Government policies as well as projects can affect a property value positively or negatively.

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