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Thread: Guillemard Edge, Lor 30 Geylang, 275 units

  1. #21
    Join Date
    Apr 2011
    Posts
    2,810

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    Pass by GE this morning at around 11am, saw quite a number of cars there. Happen to see a family came out from the car, one of them is a woman aged about 60 to 70+.

  2. #22

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    The leader for the week was Macly Group's Guillemard Edge near Dakota MRT station, which recorded more than 230 sales. Units in the 275-unit project were priced between $1,150 per sq ft (psf) and $1,250 psf.
    More than half of the units were one-bedders of around 409 sq ft with a price tag of about $500,000.

  3. #23
    Join Date
    Feb 2009
    Location
    峨眉山
    Posts
    5,458

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    Originally wanted to put just :-) but post too short...

  4. #24

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    Quote Originally Posted by bargain hunter
    The leader for the week was Macly Group's Guillemard Edge near Dakota MRT station, which recorded more than 230 sales. Units in the 275-unit project were priced between $1,150 per sq ft (psf) and $1,250 psf.
    More than half of the units were one-bedders of around 409 sq ft with a price tag of about $500,000.
    Anyone from this forum invest in GE?????

    Seems like this is one of the most popular launch this month in D14.

  5. #25

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    Quote Originally Posted by espeyap
    Anyone from this forum invest in GE?????

    Seems like this is one of the most popular launch this month in D14.
    What makes this project popular is that they are projecting a rental yield of 5-6% (abt 3,5k-4k per mth after TOP for their 1-2 bed room units (no 3 rooms apts). It's amazing how fast the units are shrinking. The 2 rm apt is about 700 sq ft only compared to the once usual size of 850-950 sq ft.

  6. #26

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    Quote Originally Posted by Daredevil
    What makes this project popular is that they are projecting a rental yield of 5-6% (abt 3,5k-4k per mth after TOP for their 1-2 bed room units (no 3 rooms apts). It's amazing how fast the units are shrinking. The 2 rm apt is about 700 sq ft only compared to the once usual size of 850-950 sq ft.
    Rental yield of 5-6%?
    3.5k for 1 bedder????
    Unbelieveable.......

    3.5k for 2 bedder still possible ya....

  7. #27

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    Quote Originally Posted by Daredevil
    What makes this project popular is that they are projecting a rental yield of 5-6% (abt 3,5k-4k per mth after TOP for their 1-2 bed room units (no 3 rooms apts). It's amazing how fast the units are shrinking. The 2 rm apt is about 700 sq ft only compared to the once usual size of 850-950 sq ft.
    Can use dakota residence as a benchmark for rental.

  8. #28

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    Quote Originally Posted by DC33_2008
    Can use dakota residence as a benchmark for rental.
    2 bedder at Dakota is much bigger as compare to MM at GE...
    Very difficult to use that as benchmark.

  9. #29

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    Quote Originally Posted by DC33_2008
    Can use dakota residence as a benchmark for rental.
    I just rented out my unit at Atrium Residences for 3.9k/mth, up by 1k from my previous tenant.

    From my experience, the agents tend to exaggerate the rental yield. But I think 3.5k possible in next 3 years for 2room. 1 rm should be closer to 2.5-3k but even so, the rental yield might be attractive

  10. #30

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    [quote=Daredevil]I just rented out my unit at Atrium Residences for 3.9k/mth, up by 1k from my previous tenant.

    From my experience, the agents tend to exaggerate the rental yield. But I think 3.5k possible in next 3 years for 2room. 1 rm should be closer to 2.5-3k but even so, the rental yield might be attractive[/quote

    3.9k for 2 bedder?

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