The Strata is a single tower apartment block with condominium facilities, located just minutes walk away from Novena Square and Novena MRT.

Bird's eyes view of the swimming pool (left) and wading pool (right).

Facilities:

• Gymnasium
• Jacuzzi
• Playground
• Swimming Pool
• Wadding Pool
• 24hrs Security
• Basement Carpark

Nearby Amenities:

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3D Virtual Tour of the Actual Unit

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**SOLE EXCLUSIVE AGENT**

• 1 Bedroom
• 506 sqf
• Spacious Master-Room with good privacy
• Both room shared an Attached Bath
• 1 Common Toilet
• Kitchen with Dedicated Wash-Area
• Direct Pool-View from Both Rooms
• Bright Morning Sun and No West Sun
• Selling with Optional Tenancy (5.3% yield)

Why is this a great investment?

At just $16XXpsf Freehold, it's relatively lower than the nearby Leasehold prices of this area. Straits Times reported on 12th Mar 08 that due to space crunch in Orchard's medical specialist center, specialist-doctors (and of course their patients) will be re-locating to Novena Medical Centre. Strata, at just 7mins' walk away, will greatly benefit from from the success of Singapore's push for medical tourism. This will certainly boost rental prices around this area as it is known that wealthy foreign patients (& their family) usually stays here for a year or so for treatment.
Strata is near enough to be convenient, yet far enough to be protective against any negativity associated with staying next to a hospital. Therefore this ensures better capital protection in times of crisis. The fact it has already TOP means that it an immediate income-generating tool for the investor, as oppose to those still under-construction.
Remember, if market really turns negative, property still under-construction will fall fast in value uncontrollable. Why? Simply because, there's always more speculative owners for properties still under construction that have weak holding power, and at the pressure of not being able to secure loans in a downturn, these owners will desparately try to dispose their units. But yet in a falling market, nobody in their right mind would buy a "paper property" that's falling in value, unless it is being offered at a bargain, they rather wait till it TOP to pick up units at bottom price. Bargain after bargain means a heart-attacking roll-coaster ride down for those still holding to the "paper-property".

With the current market showing signs of turbulence, it is wiser to play it cautious by investing only in immediate income-generating properties only. This way, if market turns downwards, you can still sleep in peace; and yet if market suddenly turns bullist again, you know you already lock down today's bargain price.