a friend ask me if the property around there is worth buying. Me no idea. All i know is that a lot of ah neh congregate there. Any advice?
Farrer Park area is good buy. Why?
(1) Rentals are high. Foreigners like to rent here. City Central location, no need car. MRT break down or Bus kena traffic jam, can walk to work in the CBD.
(2) Indians? But these Indians are the guys pushing up the property prices here. Many have shops/business nearby in Little India. Since they work long hours, they are not going to buy Jurong, Marine Parade or Ang Mo Kio. They will buy a place they can walk home from their shop/office in 10 minutes flat.
Go ahead and buy FP. You will not lose money. But you will make a lot of rental money.