OCR Increase rental renewal
OCR Decrease rental renewal
RCR Increase rental renewal
RCR Decarese rental renewal
CCR Increase rental renewal
CCR Decrese rental renewal
Cannot get renewal within 6 months
Junior
If you are a multiple property owner and rents out your property, do poll to indicate if you had an increment in your rental yield. i m curious as a lot of pple are shouting crash, but my friends units are all geting higher rental.....
Do share so we can all have a better feel of rental market
Senior
wat abt no change in rental?
Newbie
Going to rent out one of my props very soon, so will participate your poll when it gets rented.
My agent informed me rental expectations; which was actually about 10% higher than before, so thats good... but of cos, this is 'expectations', waiting to see and report 'reality'!
Junior
hahah i forgot to add in. Never mind, if not change just add a post, i do manual adding.Originally Posted by minority
Exalted
Redundant poll
U can check out ura rental
Senior
What about HDB rent?
Junior
For now pls include condo first as hdb is currently greatly undersupply for the next 4-5 years as new supply takes time to build.
Valued Contributor
I am renting out my studio (CCR) at 4.7k now. Previously was at 3.9k which was like pretty high at that time.
Senior
Renew one 6 months ago with an increase of 25% in rental. Another one is willing to renew with an increase of also 25% increase in two months time as it is very convenient to workplace. They are very good tenants who arrange for weekly part-time domestic helper and pays on time via GIRO. Glad to have them.Looking forward to seeing further appreciation of rental in the next one year. I believe it boils down to location and mrt stn.
Last edited by DC33_2008; 26-09-11 at 09:52.
Exalted
i believe rental been flattish for the past 3-6mths
we only renew our rental every 1/2yrs....so definitely got some rental increase
Senior
I heard from some friends that rental in some areas are affected by new developments.
Exalted
yes, den goto spend some $$ to upkeep our older units lor
i just redo one of my unit's kitchen and toilet...
Newbie
I agree on both points.
Increments we got from a 6 months ago fix might be different from todays or even 3 months from today.
I reckon if you have a good product with attributes like MRT/Malls/expat community, you can get a decent rental.
But on the whole - flattish - just check the URA information and these are broad >10 txs per development figures.
Senior
One advantage of older development is that the place will be larger at the same rent as compared to the new development. The other is that it is a hassle to move unless the are significant advantages to move. Lastly, some tenants just want to save money on agents' commission as some agents have already left this industry.
Exalted
yes...tat unit i reno, my tenants stayed for 4yrs liao(renew twice actually)....but den decide to move to brand new apt lor...wat to do....
whahaha
Senior
These costs can be considered in the computation of nett income from rental when reporting to IRAS. Pay less tax and increase the value of the unit.
Exalted
yes and must keep all the receipts for 5yrsThese costs can be considered in the computation of nett income from rental when reporting to IRAS. Pay less tax and increase the value of the unit.
Senior
Have been doing that diligently in different folders. How is the rental at Citylights? Should have gone up too?yes and must keep all the receipts for 5yrs
Exalted
Abt the same as 07-08 rates
Senior
Rental at SB has gone up since TOP in May/June 2010. Renewal due only next July. Hope rental can sustained till next year.
Exalted
Market hit a resistance liaoRental at SB has gone up since TOP in May/June 2010. Renewal due only next July. Hope rental can sustained till next year.
No matter how prime ur ppty is, seems like 1bdr peak at 4-4.5kk, 2bdr 5-5.5k
Junior
did u participate in the poll? anyway your figure u quote i assume is prime location just TOP units? 2 bedder 5.5k quiet good right?
Exalted
I oredi said, its a redundant poll
Exalted
Anyway i m trying to say rental hit a cap....let say a 2bdr in heart of orchard of 1000sqft and cost 3000psf which work out to be 3mil quantum, ur rental wud b capped at 5.5k
Exalted
Just saw a 2bdr at the paterson asking 1950psf....ccr prices dropping liao?
Junior
cannot support n click meh? ura infor so long ago one....I oredi said, its a redundant poll
Exalted
Ura every qtrly rite? But ur poll? Renewal which is 1-2yrs ago!
Vy easy to see whether rental dropping or increase....i always look at projects like the sail and icon
Senior
at this point of time in my life this thread very meaningful to me....
i am renting out my 4rm hdb flat in d16 to ft for 2.2k mth....
i just signed ta to rent a landed semi d house in d15 for 3.5k mth....
dunno about sentiment but i am happy familys happy my dogs are happy....
Junior
my fren rented icon 2 bedder 5.5k recently. no one ask for sale market quiet.
Senior
at this point of time in my life this thread very meaningful to me....
i am renting out my 4rm hdb flat in d16 to ft for 2.2k mth....
i just signed ta to rent a landed semi d house in d15 for 3.5k mth....
dunno about sentiment but i am happy familys happy my dogs are happy....
good job
my friend rents out his corner terrace at 7k .. and rented a bigger (land and house size) semi D for 4.8k .. 2 streets away
like you ... his family and dogs are happy
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