The main challenge is that one of the bedrooms in this unit was facing a Muslim cemetery and it was really close to it.
When I met up with owner, she mentioned that a couple of agents were already marketing her property for months and yet no offers were received.
Honestly, the apartment isn’t totally bad. There are actually quite a number of good selling points. So what went wrong?
For someone like me who has been in the real estate industry for almost a decade, it can be quite disheartening that our quality of living and home-ownership have been comprised on some level – due to the scarcity of land and the need to house more than 5.6 million people on this tiny little island.
I understand that this is inevitable, and our housing market may end up being a replica of Hong Kong’s (I seriously hope not!).
Recently, I was approached by one of my clients to rent out her 1-bedroom at The Metz – located along Devonshire Road.
Let’s face it, property developers today are not going to build 4-Bedroom unit types with a size of 2,217 square feet (sq ft) in their new projects. Yes, 2,217 square feet. That’s the size of a typical 4-Bedroom unit at The Trillium.