If I die at 80, I got 25 years to go.
so few left. Not sure why it is said 17000 unsold in the newspaper?
seriously, why you so scared lease expire to 0 value?
for 60 year lease property 400k in jurong kechil there, rental is 2k p.m, after deduct everything let's say collect 8 months per year only, 16k * 30 years already make back the 400k outlay. And the property still got remainder 30 years. What's the [problem?
So don't worry even if leasehold, as long as can rent out, let it be.
btw, no need to fire up your excel spreadsheet, do a full 30 year cash flow with all sorts of deductions etc, i just giving you a quick gist and example. hope you get the drift.
You are only in trouble if (1) you paid WAY too high for the property (2) you can't hold it when value drops (3) you can't rent out the property.
Otherwise OCR property is just fine, although best is still your CCR D9,10 condo lah - except it's prohibitively expensive (maybe not to you, but for others). You're one lucky man to have such good FH condo.
Last edited by tonymontana; 17-11-17 at 18:32.
Might become true soon.
https://youtu.be/MjdpR-TY6QU
785 private + 148 EC = 933 units sold in Nov
CCR
Sophia Hills 22
Martin Modern 15
Marina One 6
Wallich 5
Asana 4
V on Shenton 3
Chancery Villas (strata landed) 1
Victoria Park Villas (landed) 1
Total 57 units
Last edited by bargain hunter; 15-12-17 at 12:17.
RCR
Queens Peak 71
Sims Urban Oasis 35
Gem Resi 34
Highline Resi 21
City Suites 12
Rezi 35 12
Artra 11
Sturdee Resi 9
Principal Garden 7
Tre Resi 5
Kismis Resi (landed) 4
Bijou 3
Spottiswoode Suites 3
The Creek 3
Poiz Resi 3
Alex Resi 2
Forte Suites 2
Thomson Impressions 2
VA Resi 2
24 One Resi 1
Carpmael Thirty-Eight 1
Tranquilia @ Kismis (strata-landed) 1
Total 244 units
EC
INZ Resi 29
Criterion 27
Northwave 26
Signature at Yishun 26
Parc Life 22
Visionaire 7
Sol Acres 5
Brownstone 4
Vales 1
Westwood Resi 1
Total 148 units
OCR Strata Landed
Belgravia Villas 4
Watercove 4
Place-8 3
Kaleido 1
Total 12 units
OCR
Parc Botannia 253
Kingsford Waterbay 38
Parc Riviera 28
Alps Resi 21
Stars of Kovan 21
Lake Grande 15
Grandeur Park Resi 13
North Park Resi 13
Clement Canopy 12
Seaside Resi 10
Symphony Suites 9
Trilinq 8
Forestwoods 4
The Brooks 4
Hillion 4
Adana @ Thomson 4
Trilive 3
Santorini 3
Mayfair Resi 3
Le Quest 2
Navian 2
Kandis Resi 1
Coco Palms 1
Total Units 472