Are You Working To Pay Your House OR Is Your House Working To Pay You?

Wishing all of you a prosperous Lunar New Year —— one that is filled with love, peace, joy and health for you and your family!

In this festive season, I’ll be sharing some tips on how to CHOOSE the right property so that the following question can be answered:

ARE YOU WORKING HARD TO PAY YOUR HOUSE OR IS YOUR HOUSE WORKING HARD TO PAY YOU?

Many people and real estate agents love to say, “Location! Location! Location!” when it comes to buying a property.

Is that really true?

Take a look between two developments in Punggol —— Prive VS Watertown.

1) Prive is located at Punggol Field, which is 7 minutes’ walk away from Punggol MRT

2) Watertown is at a perfect location. It is right above Waterway Point and Punggol MRT. It is fully integrated with them, making this development BEST in terms of location in Punggol

Check out the two attachments below and compare the profit and loss made by the property owners for both Prive and Watertown.

Source: Prive Condo, EdgeProp

Source: Watertown, EdgeProp

As you have observed, Prive condo made SO MUCH MORE PROFIT and has ZERO loss, but Watertown made much lesser profit in average, and some units actually incurred LOSSES!