2.5k to 2.8k for 1 bedder???? Based on average rental around there, I think more to 1.2k. Simsville only $3 psf rental. $3 x 12 / 1,400 = 2.5% yield??
And rental is expected to go down in a few years time, coinciding with the TOP.
Oppps.. The truth hurts
dun tink so low at $3 psf for small format n brandnew MMs....probably $4-5psf.....but den, 2.5-2.8k is really unrealistic aso lah.....probably 1.5-2kOriginally Posted by thomastansb
I remember during the downturn, even Icon (Tg Pagar) studio 2.5k also jiak.
Originally Posted by devilplate
When the sail just top, 2.5k for the 1bdr...heheOriginally Posted by thomastansb
Downturn, geylang mm probably 3psf lor....but current pricing based on current rental rite?