580k for this unit..what u all think?

[xtreme_46]

http://www.propertyguru.com.sg/listi...ntbatten-lodge

u all think this unit worth the price?

[eng81157]

http://www.propertyguru.com.sg/listi...ntbatten-lodge

u all think this unit worth the price?

i advise you to have a look at the place. for own stay, i will never touch it.

1. small
2. lousy building design - check out the dungeon units
3. there are better ones at telok kurau
4. check out the condition of its facade

[mcmlxxvi]

I bought the neighbouring unit in 2006 and it made me 100k one year later.

So i have fond memories of the place. And the caretaker is one of a kind, in a nice way of course.

[Lovelle]

no comment as it does not fit 3M concept.

[electron]

i advise you to have a look at the place. for own stay, i will never touch it.

1. small
2. lousy building design - check out the dungeon units
3. there are better ones at telok kurau
4. check out the condition of its facade

Hmm are you referring to Mountbatten Suites? I don't remember this development (Mountbatten Lodge) having basement units.

[eng81157]

Hmm are you referring to Mountbatten Suites? I don't remember this development (Mountbatten Lodge) having basement units.

oh, isn't this mountbatten suites?

[xtreme_46]

oh, isn't this mountbatten suites?

this is mountbatten lodge..is a big house then partition into smaller unit

[xtreme_46]

I bought the neighbouring unit in 2006 and it made me 100k one year later.

So i have fond memories of the place. And the caretaker is one of a kind, in a nice way of course.

u referring to mountbatten lodge or suites?

[eng81157]

oops, my bad. thought it was mountbatten suites

[Pikachu1245]

http://www.propertyguru.com.sg/listi...ntbatten-lodge

u all think this unit worth the price?

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

[evolutionx]

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

[star]

not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

If rent out should have profit a tidy sum even though they bought in 1996/1997.

[indomie]

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

I believe its worth it too. Still well under 2000 dollar psqrft and freehold. The demographic also support for MM living. With monthly repayment around 1K a month its light on the pocket too

[star]

Rental for mountbatten lodge is not high. 320sqft unit is about $2000 to $2350 from squarefeet website. Check the maintenance fee u need to pay monthly and whether the unit leaking badly.

[xtreme_46]

Rental for mountbatten lodge is not high. 320sqft unit is about $2000 to $2350 from squarefeet website. Check the maintenance fee u need to pay monthly and whether the unit leaking badly.

i see this unit available for rental sine last year..still no taker until now

[DC33_2008]

MP Lee BW bought a apt around here?

[star]

Mountbatten lodge


CONTRACT
MONTH Unit size. No of bedrm Monthly rental
($)
2012-12 600 TO 700 2 2,700
2012-11 300 TO 400 1 2,350
2012-09 300 TO 400 1 2,000
2012-08 500 TO 600 1 2,200
2012-08 400 TO 500 1 2,500
2012-08 300 TO 400 1 1,900
2012-07 300 TO 400 1 2,000
2012-01 300 TO 400 1 2,000

[eng81157]

for just a bit more and better location

http://www.propertyguru.com.sg/listi...ley-residences
http://www.propertyguru.com.sg/listi...-suites-newton
http://www.propertyguru.com.sg/listi...-mutiara-crest
http://www.propertyguru.com.sg/listi...r-sale-rv-edge
http://www.propertyguru.com.sg/listi...-suites-katong

[xtreme_46]

MP Lee BW bought a apt around here?

91 Marshall

http://news.asiaone.com/News/Latest%...12-345525.html

[star]

91 Marshall

http://news.asiaone.com/News/Latest%...12-345525.html

MP is buying, huat ah.

[radha08]

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

i also say

[mcmlxxvi]

u referring to mountbatten lodge or suites?

Lodge. Maint was 175 then.

[leesg123]

This place can forget about enbloc as is a conservation building i think.

[Pikachu1245]

not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

Long term means 10 years or more for me. You must factor in cost of rental generated or opportunity cost if for own stay. That's why garmen provide 90% home ownership (99 LH) and all eligible residents grap the rare opportunities that may not be available in some other countries .....

[radha08]

MP is buying, huat ah.

mp also sc wat

[Sam88]

not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

which unit hasn't gone recovered??? i cannot think of any.

[samuelk]

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

wow .. 320 sqft.. the prices are still holding quite well..

[DKSG]

From Office Boy little experience, this place is a NO NO NO NO NO buy.

And the 1,7xx asking is a joke!

Wont bother with this ... Move on ...

DKSG

[mcmlxxvi]

yes. in 2006 prices were 300k

[doubleben]

1700 pfs for such an old unit...I wouldn't bother.

At this price and the current market you may not even profit much if there is an en-bloc sale sometimes in the future. Furthermore with this age, the en-bloc could be a done deal within the next four years, which means that you will have to pay SSD.