Property Picks

10 Condos Under $1.2 Million For Small Families (With Floor Plans)

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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caseyaff
caseyaff
3 years ago

You really scraping the bottom of the barrel with this latest article, Ryan.

Marcus Chan
Marcus Chan
3 years ago

why all 99 yr properties? any freehold ones?

Gad
Gad
3 years ago
Reply to  Marcus Chan

Pretty hard to get decent sized units at that price point.

Stacked Homes
Admin
3 years ago
Reply to  Marcus Chan

Hey Marcus! Thanks for your feedback, we’ll incorporate freehold ones the next time we create such a list. Our main priority in this list was price however, and the leasehold ones tend to make the cut given their depreciating nature.

Josh
Josh
3 years ago
Reply to  Stacked Homes

Hi Ryan, what are you thoughts on Regent Heights? Tks

Stacked Homes
Admin
3 years ago
Reply to  Josh

Hi Josh, Regent Heights is a 99-year leasehold project and is around 25 years old given its lease commenced in 1995. For its age, the condo actually has a healthy level of transactions, with 22 occurring in 2019 alone for a 645-strong unit. This translates to around 3.4%. Prices have remained relatively stable in the past few years despite prices going up. It also has 2 other big developments that are just slightly newer as competitors: Guilin View and Hillview Regency. We do think that moving forward, prices would either depreciate or just keep up with the general property market as there’s not much transformation in the area as far as we can see.

Wycee
Wycee
2 years ago
Reply to  Stacked Homes

Hi Ryan. Which would you recommend? I’m looking at a decent size unit up to 900k, what will you recommend? Both 2 bedder-units > The Madeira vs. Maysprings? Given that there is unlikely going to be any upside gains, looking at 20 years down the road. What other similar places would you recommend for sites near to train stations?

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