Renting for 3 Bedroom in East Coast

[richwang]

My French friend with 2 boys looking to rent a 3 bedroom condo in East Coast. He has a car, so no need to be very close to MRT. He used to stay in Bayshore Park, but the rental there is too expensive now (asking S$4.5K for 3 bedroom). His children will be in a childcare center around Dakota, so projects in that area will be nice.
Looking for low cost solution (S$2k-S$3k, the lower the better), open for small project without swimming pool.
Any recommendations?

Thanks,
Richard

[kings]

My French friend with 2 boys looking to rent a 3 bedroom condo in East Coast. He has a car, so no need to be very close to MRT. He used to stay in Bayshore Park, but the rental there is too expensive now (asking S$4.5K for 3 bedroom). His children will be in a childcare center around Dakota, so projects in that area will be nice.
Looking for low cost solution (S$2k-S$3k, the lower the better), open for small project without swimming pool.
Any recommendations?

Thanks,
Richard

Atrium residences at geylang. Walking distance to Dakota.

[richwang]

Nice new project. If the owner is advertising S$3.5 on property guru, what is the likely outcome? S$3K? Can I push for S$2.5K based the reputation of that area?

http://www.propertyguru.com.sg/project-listings/atrium-residences-56/rent/1

Thanks,
Richard

[buttercarp]

Geylang not so good for his young boys.
Try this at Siglap Centre?

http://www.propertyzone.sg/singapore-property/for-rent/siglap-centre-condo-3-1-for-rent-l1714524.html



Posted: Nov 24,2011 17:11 | Updated: Nov 24,2011 17:11
Headline:
Siglap Centre Condo 3+1 For Rent
Type:
Condo
Building/Project Name:
Siglap Center
Listing for:
Rent
Price:
S$ 3,150
Rent time frame:
Per month
Bedrooms:
3
Bathrooms:
2
Square Feet:
1695

Seller Comments:
Fully Furnished, Fully Aircon
Available Early December.

Carpark: $160 Exclude GST

[hopeful]

Geylang not so good for his young boys.
Try this at Siglap Centre?
......

The boys are French you know. Hearsay there is a lot of local girls having Pinkerton Syndrome. Especially the French reputation for the World Greatest Lover (or was not Italians). So Geylang should be safe for the 2 boys.

[devilplate]

2-3k very low budget

economy so bad now ar?!?!?!?!?!?!

frankly, 2-3k can only rent a 4/5 rm HDB flat

if choose those lousy and old old apt without facilities, might as well open up options to better located HDB flats as well

even those geylang older apts without facilities r calling above 2.5k for 3bdr

geylang OKT shd noe best! hehe

[Laguna]

My French friend with 2 boys looking to rent a 3 bedroom condo in East Coast. He has a car, so no need to be very close to MRT. He used to stay in Bayshore Park, but the rental there is too expensive now (asking S$4.5K for 3 bedroom). His children will be in a childcare center around Dakota, so projects in that area will be nice.
Looking for low cost solution (S$2k-S$3k, the lower the better), open for small project without swimming pool.
Any recommendations?

Thanks,
Richard

Now, a high number of expats are on local terms.....
gone were the days..when angmo were with good fat budget..

[richwang]

The space is huge: 1695 sq. ft.

Thanks buttercarp! You really have good taste for land!

Richard

[devilplate]

Now, a high number of expats are on local terms.....
gone were the days..when angmo were with good fat budget..
no wonder getting more expats renting MMs....they dunwan to be seen staying in HDBs

[richwang]

Well, he is holding cash > S$1M, just doesn't want to waste it on rental.
He is yet to decide to buy a farm in France or 2 condos in Singapore (2 years later.)

Thanks,
Richard

[devilplate]

Well, he is holding cash > S$1M, just doesn't want to waste it on rental.
He is yet to decide to buy a farm in France or 2 condos in Singapore (2 years later.)

Thanks,
Richard
just curious....which means he is on local terms?

from wat i noe, expats given housing allowance of let say 5k will not pocket 2k if they only spend 3k on rental

i was told tat housing allowance will be terminated once expats bot a ppty in SG

[mimi301]

How about waterina?

[Komo]

is rental coming dow?:scared-4:

Geylang not so good for his young boys.
Try this at Siglap Centre?

http://www.propertyzone.sg/singapore-property/for-rent/siglap-centre-condo-3-1-for-rent-l1714524.html



Posted: Nov 24,2011 17:11 | Updated: Nov 24,2011 17:11
Headline:
Siglap Centre Condo 3+1 For Rent
Type:
Condo
Building/Project Name:
Siglap Center
Listing for:
Rent
Price:
S$ 3,150
Rent time frame:
Per month
Bedrooms:
3
Bathrooms:
2
Square Feet:
1695

Seller Comments:
Fully Furnished, Fully Aircon
Available Early December.

Carpark: $160 Exclude GST

[irisng]

just curious....which means he is on local terms?

from wat i noe, expats given housing allowance of let say 5k will not pocket 2k if they only spend 3k on rental

i was told tat housing allowance will be terminated once expats bot a ppty in SG

I heard that there is an expats, bought SG ppty and yet still collect allowance from his company for his rental. In other words, he is using this rental amt to pay for his ppty. When he is due to go back to his country, he sold out his ppty at a profit.:jump-for-joy:

[DC33_2008]

My tenant, a French, SVP in a bank is doing that.
I heard that there is an expats, bought SG ppty and yet still collect allowance from his company for his rental. In other words, he is using this rental amt to pay for his ppty. When he is due to go back to his country, he sold out his ppty at a profit.:jump-for-joy:

[richwang]

waterina is beautiful. But the asking of S$4k is a little bit high.

http://www.propertyguru.com.sg/project-listings/the-waterina-221/rent/1

My friend is on local term. No housing allowance, but possibly is paid slightly higher than locals - at least he speaks fluent French, and our product development center is in France. So there is some justification for the higher pay (plus he has worked on the product for 20 years, very experienced and very smart guy.).

Thanks,
Richard

[devilplate]

Our bro rented a landed in frankel estate for 3k+ recently.....

So far i tink tat siglap ctr quite a gd deal....recently renovated too

[richwang]

Thanks a lot. I've never thought of landed, but the rental is amazingly low:

http://www.propertyguru.com.sg/listing/8130494/for-rent-frankel-estate

1800 sqft asking S$3.8k

Thanks,
Richard

[teddybear]

HDB 4rm flat already can rent out $2400 pm. Like that how to buy landed with that super low yield? $2.11 psf pm means something like <2% gross yield? :doh:


Thanks a lot. I never thought of landed, but the rental is amazingly low:

http://www.propertyguru.com.sg/listing/8130494/for-rent-frankel-estate

1800 sqft asking S$3.8k

Thanks,
Richard

[richwang]

Those who have bought landed are not for rental yield. They are for own stay or capital gains. I hope most will have enough paid up equities in their houses.
HDB rental at bad time can be S$1k for 4 RM flat. Anyway, I still think the old policy of NOT allowing to rent out whole HDB unit is a better policy.

Thanks,
Richard

[hyenergix]

Those who have bought landed are not for rental yield. They are for own stay or capital gains. I hope most will have enough paid up equities in their houses.
HDB rental at bad time can be S$1k for 4 RM flat. Anyway, I still think the old policy of NOT allowing to rent out whole HDB unit is a better policy.

Thanks,
Richard

More precisely: allowing PRs to rent out their whole HDB is a bad policy.

[teddybear]

Capital gain for sure will be very limited going forward! reasons very obvious:
1) foreigners cannot buy
2) PRs need special approval
3) PR approval very strict now! all foreigners I know got their PR application rejected! Mind you, they are super high calibre post-graduate degree type, not the typical bachelor degree only! :beats-me-man:


Those who have bought landed are not for rental yield. They are for own stay or capital gains. I hope most will have enough paid up equities in their houses.
HDB rental at bad time can be S$1k for 4 RM flat. Anyway, I still think the old policy of NOT allowing to rent out whole HDB unit is a better policy.

Thanks,
Richard

[mcmlxxvi]

Our bro rented a landed in frankel estate for 3k+ recently.....

So far i tink tat siglap ctr quite a gd deal....recently renovated too
And McDonalds right downstairs! Also Cold Storage. If they adventurous to try local can check out famous Yong Tau Foo across the longkang. May be noisy later though as they are demolishing the Hdb blocks opposite across the street...

[devilplate]

And McDonalds right downstairs! Also Cold Storage. If they adventurous to try local can check out famous Yong Tau Foo across the longkang. May be noisy later though as they are demolishing the Hdb blocks opposite across the street...
Oredi got siglap v to contribute to the noise tgt wif traffic and birdies

[richwang]

Any 3 bedroom in MM project in East Coast? Maybe some bargains there?

Thanks, Richard

[devilplate]

Any 3 bedroom in MM project in East Coast? Maybe some bargains there?

Thanks, Richard
Look thru TK.....i noe sm1 rented a 3bdr for 3k

[DC33_2008]

Rental so low over there. News said landed price will drop over there due to new URA ruling.
Look thru TK.....i noe sm1 rented a 3bdr for 3k

[mcmlxxvi]

Rental so low over there. News said landed price will drop over there due to new URA ruling.
If landed rental drops, people will rather rent landed than 2bedders/3bedders apartments. By weeding out MMs the the large apartment landlords are inadvertently hit! Another collateral damage.

[DC33_2008]

Beware of a single mother with 3 children who will be looking for rental. They were kicked out of landed property by the landlord a few days ago because they have not been paying rental for the last one year. Landlord even went to the court to force them to leave.

[richwang]

Thanks, Devilplate! I am not familiar with East Coast. Could you help to decode "i noe sm1"? Any further hint?

Thanks, Richard

[devilplate]

Thanks, Devilplate! I am not familiar with East Coast. Could you help to decode "i noe sm1"? Any further hint?

Thanks, Richard
I jus did a quick search and i can find many apts of min 3bdr in d15 within 3.5k...

Haig grove sounds goodie gd

[mcmlxxvi]

Beware of a single mother with 3 children who will be looking for rental. They were kicked out of landed property by the landlord a few days ago because they have not been paying rental for the last one year. Landlord even went to the court to force them to leave.
The landlord allowed arrears up to a year???

[DC33_2008]

She is too nice. I am sure there are tenants like this out there. Especially bad times. That terrace house only rented for $2600 at Selegie.
The landlord allowed arrears up to a year???

[devilplate]

She is too nice. I am sure there are tenants like this out there. Especially bad times. That terrace house only rented for $2600 at Selegie.
Single mom plus 3kids....r they local?

[DC33_2008]

Eldest one is a 16 year old boy. Looks like local. Landlord got vulgar msg each time when ask to pay rent via sms. Last resort to go to court to file for Writ of Possession.
Single mom plus 3kids....r they local?

[irisng]

She is too nice. I am sure there are tenants like this out there. Especially bad times. That terrace house only rented for $2600 at Selegie.

I think the landlord pity the tenant (single mother with 3 children). This tenant still do not how to appreciate, message vulgar words.:doh:

[richwang]

http://www.propertyguru.com.sg/listing/5298849/for-rent-koon-seng-road

No kidding, S$2600 for 3 bedder landed. I also want to rent it and rent out my HDB.

Any catch?

Thanks, Richard

[DC33_2008]

That is why landed is for own stay and lease out condos.
http://www.propertyguru.com.sg/listing/5298849/for-rent-koon-seng-road

No kidding, S$2600 for 3 bedder landed. I also want to rent it and rent out my HDB.

Any catch?

Thanks, Richard

[buttercarp]

http://www.propertyguru.com.sg/listing/5298849/for-rent-koon-seng-road

No kidding, S$2600 for 3 bedder landed. I also want to rent it and rent out my HDB.

Any catch?

Thanks, Richard

Yes unbelieveable, is it the whole house without the landlord?

[richwang]

http://www.propertyguru.com.sg/listing/8181659/for-rent-onan-road

It is not isolated case, this one S$2500. Listed on Nov 22.

I guess it is the new norm now!

Thanks, Richard

[DaytonaSS]

no transport nodes plus near all the joo chiat pubs. maybe rent out to many many chicks not bad...

[richwang]

May I know what is transport nodes? I don't drive, so I am not familiar with those terms? Do you mean parking spaces?
My friend has a car, so he should look for somewhere NOT near MRT or public transport.
By the way, is joo chiat also official red light area? I only know Geylang.

And this one, S$3k only. Very beautiful, I mean if u are tired at the photos on the left, try the photo on the right.

http://www.propertyguru.com.sg/listing/8181659/for-rent-onan-road

Thanks,
Richard

[reuters]

Heard that property prices and rentals are coming down fast and furious. Maybe if your friend can wait a few months, he may get a 2000sqft condo at river valley for only $2k a month? Everyone seems certain of that.

[Douk]

My French friend with 2 boys looking to rent a 3 bedroom condo in East Coast. He has a car, so no need to be very close to MRT. He used to stay in Bayshore Park, but the rental there is too expensive now (asking S$4.5K for 3 bedroom). His children will be in a childcare center around Dakota, so projects in that area will be nice.
Looking for low cost solution (S$2k-S$3k, the lower the better), open for small project without swimming pool.
Any recommendations?

Thanks,
Richard


Try Neptune court, siglap court.

[devilplate]

http://www.propertyguru.com.sg/listing/8181659/for-rent-onan-road

It is not isolated case, this one S$2500. Listed on Nov 22.

I guess it is the new norm now!

Thanks, Richard
Better chk out the surrounding during wkend nites.....may hf teh ni ni tio....happening.....hehehe

[devilplate]

Heard that property prices and rentals are coming down fast and furious. Maybe if your friend can wait a few months, he may get a 2000sqft condo at river valley for only $2k a month? Everyone seems certain of that.
2k possible....master bedrm nia.....hehehe

[richwang]

Neptune has the HDB look. Was it HUDC?

http://www.propertyguru.com.sg/listing/8217944/for-rent-neptune-court

Thanks, Richard

[richwang]

http://www.propertyguru.com.sg/listing/8181020/for-rent-siglap-court

very nice environment, but no 3 bedders advertised.

Thanks,
Richard

[teddybear]

Might as well wait for 30 years and can rent MarQ@Paterson 4000 sqft at $2k a month? :p


Heard that property prices and rentals are coming down fast and furious. Maybe if your friend can wait a few months, he may get a 2000sqft condo at river valley for only $2k a month? Everyone seems certain of that.

[richwang]

He needs to hand over key for his current project on Jan 15, 2012. So will need to settle the rent in Dec. Maybe he should try a one year lease.

Thanks, Richard

[Douk]

Neptune has the HDB look. Was it HUDC?

http://www.propertyguru.com.sg/listing/8217944/for-rent-neptune-court

Thanks, Richard

It is privatized hudc, many high floor units has nice sea view. but no covered car park.

[Jonathan0503]

Might as well wait for 30 years and can rent MarQ@Paterson 4000 sqft at $2k a month? :p

Aiyoh, not possible lah.

Maybe the other way round. Inflation will result in rental of HDB to be $10K per month in 30 years time....

[richwang]

My friend has rejected the idea of landed because it is troublesome to maintain. He couldn't get any Bayshore Park with reasonable rental price due to lack of supply. He is now renting The Bayshare at 4k per month for 3 bed room with 1 year contract.

Thanks a lot for all your help.
Richard