Arhum Arhum replied on Saturday, September 18, 2021 04:35 PM
CCA 1 is the fastest developing commercial area in phase 7 so that is a plus but negative of CCA 1 is that it is sort of isolated/separated from most of phase 7. So mostly you'll only see either upper sector T residents, sector Q residents or bordering sector S residents come there. It's also a relatively much smaller commercial area than other phase 7 CCAs. The other issue is that sector T CCA5 has a much better central location than other CCAs. And then the other big issue is of supply with upcoming CCAs in sector X (with village now cleared) and sector V commercials yet to be given possession. Those CCAs have the absolute best location in phase 7 because they're very central and will have a massive reach.
So rental viability of CCA1 will either be small shops, delivery restaurants or offices. Rental viability is important because if a building/plot doesn't produce suitable rent, its value will reflect that. Other than that, I'm generally against owning phase 7 CCAs since there is no fare through and phase 7 is sort of you can say enclosed. Positive is that it is very peaceful as a result but not very good for commercials as fewer customers.
So overall my view is CCA1 (or most phase 7 CCAs) is not good for long-term. You'll see it gain some more but slowly as phase 7 starts to get more filled up. I don't know much your plot is worth but if you see a better investment somewhere else then do shift to another area. |
