Percentage of profitable resale transactions: Zero per cent .8 Bassein saw brisk sales at launch, because of its proven location. Novena was, and still is, a hotspot for landlords. There seem to be two main issues afflicting it:
Novena Suites, for instance, is just a three-minute walk to Novena MRT, whereas 8 Bassein is a much longer 13-minute walk. Even the older Novena Ville is just a seven-minute walk, and is priced much lower on account of age . Shoebox units are generally better for rental gains, but are tougher at resale: We have a detailed explanation of the reasons inThey did try to push the Soho concept , but while it seemed like it made sense on paper, the reality didn't seem to impress the general market.
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