28 Apr My Manhattan @ Simei is worth a SERIOUS look
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What makes a good investment property?
When it comes to property investment in Singapore, it is all about location, location, location. In Singapore’s property market today, the hottest site is one that is right beside a MRT station and a shopping mall. Projects built on such sites tend to attract tenants (both local & foreign) because most of them do not own a car. This brings us to the next question – if the project is situated on a good site, who are the tenants that will fill up the place?
My Manhattan @ Simei – Powerful Selling Points
The project My Manhattan @ Simei ticks all the boxes of what makes a good investment property.
My Manhattan @ Simei (TOP 2014) is situated in arguably the best location within Simei estate (Simei Street 3). It is located directly opposite Simei MRT station and Easpoint Shopping Mall. That would make it a highly sought after location with both owner occupiers and tenants alike.
You will find a good variety of shopping, dining and recreational options nearby:
:: Bedok Shopping Centre
:: Century Square
:: Changi Airport
:: Changi City Point
:: Eastpoint Mall
:: Laguna Country Club
:: SAFRA Clubhouse
:: Singapore Expo
:: Tampines Centre
:: Tampines Mall
:: Tampines One
:: Tampines Plaza
:: Tanah Merah Country Club
Good Tenant Catchment
As a landlord, there is no point in having a good location if you cannot find tenants to rent the place. A My Manhattan landlord can expect tenants from the following sources:
:: Airline crew
:: Medical professionals working at Changi General Hospital
:: Professionals working in the CBD who want to stay outside the CBD
:: Business and IT professionals working at Changi Business Park (2 MRT stations away)
:: Education professionals working at Singapore University of Technology & Design, Temasek Polytechnic, United World College of Southeast Asia, One World International School, ITE College East
Good Project Attributes
:: No bay window or planter box means you get to fully utilise the space that you are paying for.
:: Comes with 3 & 4 bedroom dual key concepts that helps to maximise rental returns or for multi-generation families to stay together.
My Manhattan @ Simei Phase II Launch
The developer for this project, Chip Eng Seng is now releasing 100 units in My Manhattan @ Simei for its phase II launch. You will find a mix of the following types of units for sale:
:: 1 bedroom ($1,145psf to $1,350psf)
:: 2 bedrooms / 2 bedrooms + study ($990psf to $1,157psf)
:: 3 bedrooms ($1,065psf to $1,224psf)
:: 4 bedrooms ($1,077psf to $1,228psf)
The first 30 buyers who buy during this phase II launch will get to enjoy 3% stamp duty rebate.
If you are looking to buy something in Simei for own stay or for investment, My Manhattan @ Simei has to be your number one choice. Sales start now and is on a first come first serve basis. Act fast!
Floor area: 2,152sqft
Total units: 301
Tenure: 99 years
Floor plan: Available. Enquire.
Shops @ Eastpoint Mall
Singapore University of Technology and Design
ITE College East
Simei MRT (EW3)
What Jack’s client says
Jack is very knowledgeable about the current market conditions and is able to give good advice. The presentation material was professionally done which I am sure contributed to the speed in which the sale went through. Would certainly be someone I would call upon for future transactions.
Read more client testimonials here