PDA

View Full Version : MM Yields in 2012 - High or Low?


carbuncle
05-05-12, 13:52
Price 600k
Annual Value 20k
Rent 2.3k pm
Maintenance 250 pm
Agent Commission 1.2k pa
Property Tax 2k pa
Income Tax negligible
Actual Net Yield 3.6% and never the 5-6% some agents hyped up. In today context, is 3.6% good enough to beat inflation?
dtrax
05-05-12, 13:57
Price 600k
Annual Value 20k
Rent 2.3k pm
Maintenance 250 pm
Agent Commission 1.2k pa
Property Tax 2k pa
Income Tax negligible
Actual Net Yield 3.6% and never the 5-6% some agents hyped up. In today context, is 3.6% good enough to beat inflation?

I guess it is the same for all other non-MM as well. Usually for agaration, I just take 1% off the gross rental yield
carbuncle
05-05-12, 13:59
Not to forget first year need to spend on furnishing, white goods etc easily another 2 to 3k.
ekl2ekl2
05-05-12, 13:59
Price 600k
Annual Value 20k
Rent 2.3k pm
Maintenance 250 pm
Agent Commission 1.2k pa
Property Tax 2k pa
Income Tax negligible
Actual Net Yield 3.6% and never the 5-6% some agents hyped up. In today context, is 3.6% good enough to beat inflation?

around 3% considered decent at present.

Vacancy period and interest rate need to be taken into consideration
ikan bilis
05-05-12, 14:12
go re-calculate the "net geared yield" lah!!... now is in some crazy world of leverage...

if your net yield is 3.6%, assuming interest rate at 2%, 75% loan...

quick guestimation...
~= 3.6% + (3.6%-2%) + (3.6%-2%) + (3.6%-2%) = 8.4%... :D
carbuncle
05-05-12, 14:19
Oh ya. Every take loan 60%.... Then after taking out mortgage interest... Super high yield!!!!!
phantom_opera
05-05-12, 14:20
dun forget potential for capital appreciation e.g. if MRT is upcoming or announced to be near your MM
carbuncle
05-05-12, 14:42
dun forget potential for capital appreciation e.g. if MRT is upcoming or announced to be near your MM
For current MM in market at today pricing... Limited upside I reckon. Except maybe River Isle wakakaka
maisonjai
05-05-12, 16:02
Talking about AV for mm, I find it rather high compared to 2~3 bedders.
Those holding 1bedder, what's ur AV like?
carbuncle
05-05-12, 16:05
Talking about AV for mm, I find it rather high compared to 2~3 bedders.
Those holding 1bedder, what's ur AV like?
As I put in my case study, average 20k for mine....
maisonjai
05-05-12, 16:43
Mine was 29k D9, while D3 2bed is 28k. wtf..ish
price
05-05-12, 18:57
Not to forget first year need to spend on furnishing, white goods etc easily another 2 to 3k.
white goods?
carbuncle
05-05-12, 20:34
white goods?
Woops goes to show my age. Commonly refers to fridge, washer, cooker hob, oven etc electronic household goods typically in white color....
price
06-05-12, 01:39
Woops goes to show my age. Commonly refers to fridge, washer, cooker hob, oven etc electronic household goods typically in white color....
ah huh.. thanks! these days they come in all sorts of colours! mainly steel or black:beats-me-man:

Black goods sounds better :D :cheers6:
hyenergix
06-05-12, 07:18
Our MM seem to have reached the Hong Kong MM psf levels, overhead from my friend's maid from Hong Kong... Is she correct?
Laguna
06-05-12, 11:24
Our MM seem to have reached the Hong Kong MM psf levels, overhead from my friend's maid from Hong Kong... Is she correct?


No, depends on the location
in general, HK is far more expensive
DC33_2008
06-05-12, 11:25
Spore MM is their norm housing. :scared-4:
No, depends on the location
in general, HK is far more expensive
hyenergix
06-05-12, 11:29
Yeah, she said Singapore was still cheap n e best!
carbuncle
06-05-12, 12:15
ah huh.. thanks! these days they come in all sorts of colours! mainly steel or black:beats-me-man:

Black goods sounds better :D :cheers6:
Black market goods?? No good, boy....
richwang
19-06-12, 20:44
I sense the rental peak for MM has passed.

Let's see what that means for price ...

Thanks,
Richard
TheOnlyGayInTheVillage
19-06-12, 21:19
I sense the rental peak for MM has passed.

Let's see what that means for price ...

Thanks,
Richard

Just rent out one at 7% yield, and its OCR. Thx
AK47
21-06-12, 18:01
My MM investment in CBD has brought me $100,000 in net rent over a period of 5 years.

After deducting tax, fees, comm, int etc.

Over the same period, capital value has increase by $300,000.
TheOnlyGayInTheVillage
21-06-12, 20:30
MM, like the $10 10-minute haircut, will never be out of fashion.
yjcai
21-06-12, 21:36
My MM investment in CBD has brought me $100,000 in net rent over a period of 5 years.

After deducting tax, fees, comm, int etc.

Over the same period, capital value has increase by $300,000.

which development ehem?
AK47
22-06-12, 12:44
Icon Studio. Was bought with a 20% down. With lower interest rates, reduced principle and higher rent. Expecting 120-150k net rent for the next 5 yrs.
graveyard
22-06-12, 18:12
Icon Studio. Was bought with a 20% down. With lower interest rates, reduced principle and higher rent. Expecting 120-150k net rent for the next 5 yrs.

GOD-FATHER !!!!!!!:D :D
dtrax
22-06-12, 22:35
GOD-FATHER !!!!!!!:D :D


I SCREAM ICE-CREAM!