Sell Out at Kovan Melody

Kovan Melody has sold out its 778 units today!

Having a strong draw of buyers for its location - Next to MRT, amenities, shopping centre, hawker food centre and hundreds of convenient shops, it is without a doubt an owner's dream to own a property with so much in value. In addition, Kovan Melody has a unique feature that adds a safety element to the all. With all these benefits, it is no wonder every home owner is attracted to this development.

Now that all units are sold, one can only watch with envy when it comes to property appreciation in value - a handsome sum of around $60,000 - $100,000.

Thanks Be To GOD!

Property Investment

The article ("Good time to invest in S'pore real estate: Minister" ST Apr 11 2007) is a big boost for Singapore property market. With foreign companies investing $5.4 billion in 2006, it clearly shows our economy is structurally and fundamentally strong.

With such strong confidence in the Singapore economy, we can see more foreign investors snapping up Singapore properties by the "bulk". A Chinese investor just did that by purchasing a whole block of 10 units of a new luanch development in Balmoral / Stevens Road area, amounting to $52 million.

The ripple effect for the rise in property price is also felt in the mass market condominiums. Kovan Melody located just next to the exit of Kovan MRT, has enjoyed an appreciation of 10%-12% since its launch in 2004. With the economy staying strong, I can only imagine further appreciation in property prices for this development. For the investors in Kovan Melody, they are enjoying a return of around 5%, and forseable higher return in years to come.

Good Investment!