EL obviously has superior quality, finishing, design and spaciousness.
Rental wise, it may face competition from supply in Ujana, 1Medini, Imperia etc in 2-4 yrs.
Agree, it would be popular rental among higher level expats.
But I'm concerned about over supply vs slow growing demands - consider that tenancy target is overly dependant on mainly expats from the Universities.Just my opinion.
Please share your opinion. Thk you.
Hi wiseguy,
No worries man, my view is by the end of 2012, demand won't be only from the new populations in New Castle, MDIS, Marlboro College, Maritime Institute, Legoland, Indoor theme park, Traders Hotel and Kota Iskandar. There will definitely be an increase in demand from Singaporeans when they start to know the existence of Nusajaya and visit it.
Comparing this to the investment of a stock counter, we are like the BBs who are collecting it at low price now, by the time news about Nusajaya is out, retailers will rush in with the Herd mentality