QUOTE(YeohKW @ Dec 17 2020, 08:23 AM)
Hi. If I am buying for my own long term stay, I wouldn’t really bother about the capital growth in that area. As long as I like it, I will just buy it.
As a REN, I normally will share with my clients on this:
Own stay - Get all of those who are going to stay in the house to go along and view the property, location, environment, and everyone to agree that it is the best place for them
Investment - Capital growth, potential income, and many other factors that potentially going to influence the price and rental as main considerations before buying
And to add more on your question, there are few reason why there’s negative capital growth too.
1. Old neighbourhood where the capital growth is past its peak and starts to drop or stagnant due to the property getting older.
2. New development next to property which offer better options
3. Developments of the area is slower than expected
4. Current market situation which is slower
5. Other reasons.
Hope this help.
Hmmm ok thanks! I believe that it's negative because it's high rise as well. But me and my partner really like the location and the building. It's those lower rise kind of condo and not high density. Then very well maintained too, despite it's age. But I worry we will regret if we buy and then keep watching the price drop

for subsale is it better to get landed?
QUOTE(mini orchard @ Dec 17 2020, 08:45 AM)
Capital growth indication will tell you something about the location....upkeep, people profile, safety, amenities etc.
I see. When I visited it looks quite ok or maybe I not yet see all the problems that caused price to drop. Could be because is old condo but no strata title yet. I think the other residents and the way is maintained is good but if price continues to drop, don't know if they will keep it up