Originally Posted by
cbsh38584
My "The seaview unit" has put up for rental for almost 9 mths. Yet
nobody offered. Reason given too bright , too high , Master bedroom too small , dont like the ID , asking price a bit high (5.5k) etc.
My "The seaview" condo is not for living. It is for investment. My bedok 4 bedrm hdb is better living (unblock view & south facing) than my condo.
Luckily, my unit was sold at a reasonable price to a PRC investor.
Most of my fund are now invested in SG bond which yield ave 4% Plus.
If I stay invested my SG bond for 2 yrs, I may be better off than holding
my condo. $1590 X 1.04 X 1.04 = $1720 psf.
As for city plaza, it is for investment. But the asking price is too high.
std chart valution is $800k. Hong Leong even worst $720k. Quite easy to
rent out for city plaza. It is now rented out @2.8k. I did invest a unit at District 11. 10 shelford apt. This is for my son.
I will be back at D15. Just hopefully, can get the best view.
rdgs,
Victor