Gould young people compete with retiring folks for housing?
Good luck to those who are looking for investment opportunity. Idea is great but $ don't make sense. If it is location, that is a very busy road mind you.
I just heard this on CNA TV as they have a show SG+ on retirement housing.
"the 24 hour concierge" - if you need a light bulb to be changed and you call the concierge, he does not change it for you. He just acts as a middleman. He will get so & so to come and change the light bulb for you. That is all.
I think this will not be free of charge. Please pay $$$ for this concierge special service + light bulb changing sub-contractor service. In the mean time, the concierge may extract a "commission" from the light bulb changing sub-contractor, which will in the end be paid by the retiree in the "resort".
I shan't comment on the development but would like to share some info on the location since I know the area very well. Jalan Jurong Kechil is quite a wonderful and accessible location. Its about 40 mins bus ride to the city with 2 direct buses. Future Beauty World MRT station is 3 bus stops away. 5 mins to the entrance of PIE. All these connectivities and the location is still relatively quiet. Community club, market, shops, etc are no further than those in HDB estates. A lot of these units were bought by young couples. I guess it was a golden opportunity to buy a condo at relatively low prices. Trade off is smaller living spaces though.
maybe these young people are buying for their aging parents or for their own future retirement
it will be shameful if young people move in to live
60yr lease is not worth it. The money you paid only last for one generation.
Pls consider freehold .. though more expensive, ita something you can pass on to your kids in future.
They are keeping the units for themselves. (At least those interviewed by MSM are)