QUOTE(bojo8 @ Aug 9 2013, 12:57 AM)
But as you mentioned before nautica have a low vacancy level so renters will spill over to a'marine since its the newest condo nearby with available units. But kind of off topic, so you think geo is a good investment? Since you have a nautica unit would you also buy a geo with the dual key concept?
Huh, when did I mentioned Nautica had low occupancy level? To have 70% occupancy rates as at reported now, it was consider a very decent figure where few of the units were used as holiday homes by some riches. I didn't have a unit of Nautica but bro JChoo had, and none of us mentioned it had low occupancy rates.
Whether it will spill over to A'Marine, it would be much rely on the demand and holding of the A'Marine owners, where the price set up is a lot higher than Nautica in terms of rental and furnishing. If A'Marine is success after one year from VP time, I am sure not only AM but Nautica and upcoming La Costa will do well finally, same goes to GEO Residences due to smaller size easier to coup for tenants and their needs while, by the time GEO is completed, it would be est 2017 year end and BRT and GEO retails will be completed by 2015/16 while the current roads extension and Pinnacle would be completed by 2014.
Btw, dual key for GEO Residence, if not mistaken, is belongs to large unit of 1400 sq feet, hence the price ( awaiting it anyway ) would be a real test since we noe the performance of Nautica similar sizes while pending the report of A'Marine due to yet to VP.