Looking at the surrounding of The Glades Condo, a 99 years leasehold, we were told that there are around less than 130 units left, and units are moving since the TOP is going to be obtained in the next few month. The average psf for this development is around $1402 and we feel that it is rather expensive since our budget is around $1300 psf. The project should be able to bring a capital appreciation possibility which should be with its incomparable characteristics in your investment since it is only 1 minutes walking to get to Tanah Merah MRT Station, 2 stops to the Changi International Airport and in the very closeness of Changi International Business Park. Good-linked to ECP, PIE and TPE that make the way to Orchard Road and Central Business District (CBD) is simply the issue of 20 minutes.
The developer – Keppel Land without any doubts, is a top notch and branded developer in Singapore, so they would not compromise with the quality of the finishings.
We heard that there will be also another development coming up close to The Glades, that is developed by Frasers, it should launch within these few months or net year. Should we wait for this or consider the Glades? Personally, if anyone has spare cash and can wait for years for completion, then it make more sense to participate in the VVIP preview where early bird discounts are more attractive. If you hate to paid the 5 + 15% and have to wait to TOP, then just get the development that is going to TOP. There are many condos that have loads of units waiting for buyers. You can view our review on the last article on a upcoming development, Forest Woods.
Back to the Glades, the proximity to amenities and MRT station, will give a plus point to anyone who don’t drive and likes to do shopping during family time.