[stephenkhoo]

Ok it seems Simei is well sought after with Modena, Tropical Spring and Casamera being same level of pricing. Of course double bay and mymahattan (70%) sold is up and coming. Those targeting modena are those who are either selling off their landed and downgrade or those with smaller apartments upgrading maybe from ec. There is hardly any hdb upgraders nowadays as the price difference is too much.
Another reason for good resale pricing is due to the fact rentals are all time high and creeping upwards, it will never come down to the 3k below due to the fact govt is importing more skilled workers and move the economy. Another reason is expats may find it worthwhile to purchase with low interest rates rather than escalating rental.

What does rental covers? For owner is the maint fees and Aircon svcs. Any defects above 150 bucks the owner and tenant share else 150 is borne by tenant. aircon svcing and power bills borne by tenant. 10 percent property tax.

So the question is, will it still stay up or will it come down?