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Which project under 2.4 million dollars, above 1000 sqft, with 3 bedrooms and more than 85 years left on lease has the best capital gain potential

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To identify a project that meets the criteria of being under $2.4 million, having more than 1000 sqft, 3 bedrooms, and more than 85 years left on the lease, and potentially offering good capital gain, here are some considerations:

Lentor Central Residences

  • This is a 99-year leasehold condominium located in District 26.
  • Units with 3 bedrooms and sizes around 1,184 sqft are available, with prices ranging around $2,002 to $2,106 per sqft. This would put the total price within the $2.4 million budget.
  • Being a relatively new development, it has more than 85 years left on the lease.
  • The area is seeing significant development, which could enhance capital gain potential due to infrastructure improvements and growing demand.

The Orie

  • Located in District 12, this is another 99-year leasehold condominium.
  • Units with sizes around 1,216 sqft and 3 bedrooms are available, priced around $2,806 psf. However, this might exceed the $2.4 million budget, but it's worth noting for its potential.
  • If there are smaller units or variations that fit within the budget, this could be a viable option.
  • The development is in a mature estate with good amenities, which can support capital appreciation.
Given these options, Lentor Central Residences seems to be the most fitting, as it aligns with the budget and lease duration criteria, and is located in an area with ongoing development, which can drive up property values over time.
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