Would anybody want to buy a D15 FH small devt with 3.5% yield?

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09-02-11, 23:56
limfc

Would anybody want to buy a D15 FH small devt with 3.5% yield?

Would anybody want to buy a D15 FH small devt with 3.5% yield? :beats-me-man:
Would you buy in this kind of market? :rolleyes:
10-02-11, 00:06
jwong71

sure.. 3.5% yield in this time,,
when interest rates up.. yield 2%.? 1%.? or 0%.?
10-02-11, 00:11
reuters

Quote:

Originally Posted by limfc

Would anybody want to buy a D15 FH small devt with 3.5% yield? :beats-me-man:
Would you buy in this kind of market? :rolleyes:

Hard to say. D15 is quite big. Look around the area where this devt is and consider several factors - any further development potential? Any possible condo launches nearby? Any Far East interests w.r.t. collective sales nearby? Any large vacant plot of land that can be better used (like MRT)?

Singapore's next phase of development may be announced by elections time. Are you in a position to wait or risk the possibility of more information being released this year about the developments? There was already a leak that D15 will have MRT in 10 years. Property price spike when such plans are confirmed and another spike will happen near the completion of these infrastructure (ie. in 10 years). Can you afford to wait?
10-02-11, 08:40
thomastansb

Yield is independent of interest rate, isn't it? 3.5% is 3.5% regardless how interest moves.

Quote:

Originally Posted by jwong71

sure.. 3.5% yield in this time,,
when interest rates up.. yield 2%.? 1%.? or 0%.?
10-02-11, 08:41
thomastansb

How small? We have different definition of small. Aristo or Esta size? I mean, you can't look at yield alone. View, facing, location?

Quote:

Originally Posted by limfc

Would anybody want to buy a D15 FH small devt with 3.5% yield? :beats-me-man:
Would you buy in this kind of market? :rolleyes:
11-02-11, 16:27
Blue

Depends on how you calculate yield. Don't talk about D15, even in Orchard Road or CBD where people buy >$2000 psf for a unit. Do you think the yield is good?
11-02-11, 16:47
mcmlxxvi

Quote:

Originally Posted by limfc

Would anybody want to buy a D15 FH small devt with 3.5% yield? :beats-me-man:
Would you buy in this kind of market? :rolleyes:

No... coz mine in D15 giving me 5.7% gross yield.
11-02-11, 17:07
latour

Quote:

Originally Posted by mcmlxxvi

No... coz mine in D15 giving me 5.7% gross yield.

Nice, but how you count yield and gross yield, any difference?
11-02-11, 18:49
sh

Quote:

Originally Posted by mcmlxxvi

No... coz mine in D15 giving me 5.7% gross yield.

Where? MM right?
20-02-11, 17:06
Blue

MM gives best rental yield cos you pay less than $800K for a studio or 1 bedder, but minimum can rent out $3.5K.
20-02-11, 19:27
mcmlxxvi

Quote:

Originally Posted by sh

Where? MM right?

Ya. In Tk.
20-02-11, 20:04
hyenergix

Quote:

Originally Posted by Blue

MM gives best rental yield cos you pay less than $800K for a studio or 1 bedder, but minimum can rent out $3.5K.

Many 1-bedder for rental in propertyguru are listed for less than $3k/mth. Significantly less than what you quoted but still can make $ currently.
20-02-11, 21:13
Geylang OKT

In Geylang your rental yields are always easily around 6 - 9 % :D :D :D

Quote:

Originally Posted by limfc

Would anybody want to buy a D15 FH small devt with 3.5% yield? :beats-me-man:
Would you buy in this kind of market? :rolleyes:
11-03-11, 14:15
Blue

Quote:

Originally Posted by hyenergix

Many 1-bedder for rental in propertyguru are listed for less than $3k/mth. Significantly less than what you quoted but still can make $ currently.

Think those are very old developments? The old developments bought at much cheaper price mah, so rental yield for them is good.

Any new development would command at least a $3K rental.

Looking at this trend, I foresee rental market would go up. Cos you can imagine those prime districts will start charging higher rental due to higher psf the owners purchased for. And those tenants who refused to pay higher rent will spill over to the RCR.