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Thread: Which are some of the better buy in Geylang area?

  1. #11

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    Quote Originally Posted by rontan_83 View Post
    Buy #1 loft at 1 Lorong 24 , rental 2400 per month, bank loan 1900 per month positive cash flow of 500 per month
    1 Bedder? Price quantum? How many years of loan?

    Quote Originally Posted by Tomutomi View Post
    2017' ura rental record for #1 Loft is around 1700 - 1900.
    Yeah, tough rental market at the moment still, despite the rebound in (new launch) sales market.

  2. #12

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    Quote Originally Posted by Tomutomi View Post
    2017' ura rental record for #1 Loft is around 1700 - 1900.
    Other ppl rented to two tenant .. cus got 2 toilet , rental becomes 2400

  3. #13

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    This is one good factor for choosing #1 loft/suite, can easily rent it out as 2 master rooms. If adding doors can even fetch higher due to better privacy (so only share the kitchen).

    Personally i feel reluctant to these 2 projects since only get bank loan from Maybank, Hong Leong and Bank of Singapore, i believe they give higher interest rate.
    Beside there's a lot of unusable space due to the layout (around main door and stairs), which may explain why rental rate for entire unit is low.

    Quote Originally Posted by rontan_83 View Post
    Other ppl rented to two tenant .. cus got 2 toilet , rental becomes 2400

  4. #14

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    Quote Originally Posted by Tomutomi View Post
    This is one good factor for choosing #1 loft/suite, can easily rent it out as 2 master rooms. If adding doors can even fetch higher due to better privacy (so only share the kitchen).

    Personally i feel reluctant to these 2 projects since only get bank loan from Maybank, Hong Leong and Bank of Singapore, i believe they give higher interest rate.
    Beside there's a lot of unusable space due to the layout (around main door and stairs), which may explain why rental rate for entire unit is low.
    Got Floor Plan pic?

  5. #15

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    99.co got floor plans for both

    Quote Originally Posted by anythingwhatever View Post
    Got Floor Plan pic?

  6. #16

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    Quote Originally Posted by Tomutomi View Post
    99.co got floor plans for both
    Can't find though... Haha.
    https://www.99.co/property/Kddx5dnQ8WKt8YcrYgJbk9

  7. #17

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    it's located on the project info, not individual ads.

    https://www.99.co/singapore/condos-apartments/1-loft


    Quote Originally Posted by anythingwhatever View Post

  8. #18

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    Quote Originally Posted by Tomutomi View Post
    it's located on the project info, not individual ads.

    https://www.99.co/singapore/condos-apartments/1-loft
    Nice!! They always build one more bath than bedroom... :-)

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