The answer is simple - it was priced very close to LH prices. The yield (most common calculation) is 3.5-3.8%.
I only taunted TB about when I can fully pay up lah. But I also said its fastest 5 years later from today and not 5 years from 5 years ago. Right now, tenant is paying everything inclusive of maintenance and taxes - most probably leave it alone.
Originally Posted by
hopeful
in another thread, you mentioned that your second purchase was a FH.
care to share the reasoning for getting that FH when you are aware that
1) you pay ~20% more
2) as a result, yield is lesser
3) enbloc price is LH99 + 4% max
that FH will be fully paid up in 2017-18,so i guess it means that it has been kept for a long time, like 15+ years ?
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
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