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West and North West
District 22: Boon Lay, Jurong, Tuas
District 23: Upper Bukit Timah, Hillview, Bukit Batok, Choa Chu Kang
District 24: Kranji, Sungei Gedong, Tengah, Lim Chu Kang
New 6 digit postal code in District 22 : 60****, 61****, 62****, 63****, 64****
New 6 digit postal code in District 23 : 65****, 66****, 67****, 68****
New 6 digit postal code in District 24 : 69****, 70****, 71****

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  #313  
Old 18th May 2011
proud owner proud owner is offline
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Quote:
Originally Posted by devilplate
ok so tats ur definition

den if ppl now cant afford big units.....in future largi worse rite? so wats the advantage of buying big units now?
thats where our strategies differ ...

many go for 2-3 units of mm ...and wait for TOP ...move in to one ..rent out the rest etc etc ..

i go for 1-2 BIG older units ..spend a bit on reno .. move it straight away ..enjoy the space .. rent out one ..

i believe someone mentioned before ..
a 3 bedder 800 sqft new project ..asking 4-5k rental
a 3 bedder 1281 sqft old project ..renovated .. 5-6k rental

an expat couple ..or an expat couple with 1 kid ..
will have housing allowance of about 5-7k .. which would he take ?

it may take the older bigger 3bedder 2mths to find a tenant ..
but i am pretty sure it will take longer for the new small 3 bedder

every 1 mth lost is ave 5 k loss ...
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  #314  
Old 18th May 2011
devilplate devilplate is offline
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Quote:
Originally Posted by proud owner
thats where our strategies differ ...

many go for 2-3 units of mm ...and wait for TOP ...move in to one ..rent out the rest etc etc ..

i go for 1-2 BIG older units ..spend a bit on reno .. move it straight away ..enjoy the space .. rent out one ..

i believe someone mentioned before ..
a 3 bedder 800 sqft new project ..asking 4-5k rental
a 3 bedder 1281 sqft old project ..renovated .. 5-6k rental

an expat couple ..or an expat couple with 1 kid ..
will have housing allowance of about 5-7k .. which would he take ?

it may take the older bigger 3bedder 2mths to find a tenant ..
but i am pretty sure it will take longer for the new small 3 bedder

every 1 mth lost is ave 5 k loss ...
ur stats highly flawed...

big units at current pricing now....their yield r much lesser

and u havent asnwer me: u say ppl cant afford big units now....den u nxt time sell to who?
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  #315  
Old 18th May 2011
devilplate devilplate is offline
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those who got deep pockets and dun depend on rental to sustain....can afford to leave it vacant for few yrs....pls buy big big FH units.....can wait for enbloc....

those who nid rental income to sustain....pls ask proudowner how to do it for big units
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  #316  
Old 18th May 2011
proud owner proud owner is offline
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Quote:
Originally Posted by devilplate
ur stats highly flawed...

big units at current pricing now....their yield r much lesser

and u havent asnwer me: u say ppl cant afford big units now....den u nxt time sell to who?

hhmm how is it flawed ..

i am comparing 3 bedroom agst 3 bedroom

yes becos the purchased price is higher due to the unit being bigger .. but becos its an older project .. the psf is lower than the new , mm 3 bedder ..

but it can be rented faster between the 2



next time sell to who ?
sell to all those who bought mm now ..to those who bought a 3 bedroom 800 sqft now ...to UPGRADE to a 1281 sqft 3 bedder ...when their family size grows ..they will need the space ..

and by which time ... your the 3 bedroom due to its 'gigantic size' will be really rare ...
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  #317  
Old 18th May 2011
proud owner proud owner is offline
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Quote:
Originally Posted by devilplate
those who got deep pockets and dun depend on rental to sustain....can afford to leave it vacant for few yrs....pls buy big big FH units.....can wait for enbloc....

those who nid rental income to sustain....pls ask proudowner how to do it for big units
thats why i said our strategies differs


you can go for 2-3 unit of mm units

while i go for 1-2 units of big units ..and old projects ..
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  #318  
Old 18th May 2011
devilplate devilplate is offline
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Quote:
Originally Posted by proud owner
hhmm how is it flawed ..

i am comparing 3 bedroom agst 3 bedroom

yes becos the purchased price is higher due to the unit being bigger .. but becos its an older project .. the psf is lower than the new , mm 3 bedder ..

but it can be rented faster between the 2



next time sell to who ?
sell to all those who bought mm now ..to those who bought a 3 bedroom 800 sqft now ...to UPGRADE to a 1281 sqft 3 bedder ...when their family size grows ..they will need the space ..

and by which time ... your the 3 bedroom due to its 'gigantic size' will be really rare ...
mabe u pick a project n example and we work out the yield? how abt tat?

ur figures merely pluck from air

ur big units will appreciate too....if they cant afford to buy it now....how to afford to upgrade n buy from u nxt time? unless their mm units appreciate and ur big units stays stagnant?
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