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Old 22-10-2012, 08:22 AM
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You are right. When the Hospitals in Jurong Gateway is ready, there will be many rich doctors working there. Also when the Jurong new CBD is ready, you will have many senior executives - CEOs, CFOs, EVPs, etc - working there. These rich executives earn millions every year, so they will want to live in big houses, with at least 3000 square feet in built up sizes. So, they will likely buy the terraces and semi-Ds in the Westwood or Corporation estates. $3m is no big deal for them as they earn million dollar annual salary packages. If you have the means, you can also buy these cheap $1.5m houses and keep and then can rent out to the foreign doctors and executives (foriegners cannot buy landed properties) at about $15k - $20k a month. This is a good long term investment.
wow! you really think people are donkey here.. if anyone earn millions a year they will stay in holland or orchard! who want to stay at westwood if earn millions a year. u go jurong point on a saturday evening and then see if u will stay at westwood if u r filthy rich.
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