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Thread: 91 Marshall

  1. #21
    Divine price's Avatar
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    Even MPs are buying now, either they see potential in shoeboxes (yes i know it's 570sqft but this is for 2 bedder!) or she knows govt aint gonna do much to correct prices

  2. #22
    必ず
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    Quote Originally Posted by carbuncle
    If you wonder which unit... Just look up in this thread. Wakakakaka
    Only 2 possibilities.

  3. #23
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    Quote Originally Posted by price
    Even MPs are buying now, either they see potential in shoeboxes (yes i know it's 570sqft but this is for 2 bedder!) or she knows govt aint gonna do much to correct prices
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.

  4. #24
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    Quote Originally Posted by Leeds
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.
    In other words, we should all put our spare cash in MMs and not FDs just like our beloved MP

  5. #25
    tweet @condoexchange carbuncle's Avatar
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    Quote Originally Posted by Leeds
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.
    Were you the advisor she insulted before she committed? Woops I mean consulted. Having said that I think this is not really cheap. But layout is good. Small balcony and all toilets have natural ventilation. Hard to find these days. Can safely say beats Fragrance 2bedder of exact same size hands down. Well done. Good choice Ms Lee! Now we know who is the real MM Guru....

  6. #26
    tweet @condoexchange carbuncle's Avatar
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    Quote Originally Posted by Kanarazu
    Only 2 possibilities.
    Normal purchase dont need SGX filing. Go figure.

  7. #27
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    Layout attached.

  8. #28
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    Quote Originally Posted by CondoInterested
    Layout attached.
    Very good layout...
    Good thing is it comes with 2 toilets.

  9. #29
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    Quote Originally Posted by price
    In other words, we should all put our spare cash in MMs and not FDs just like our beloved MP
    If this is your only million dollar, should not buy now. She obviously has more and this is just part of her investment diversification strategy. I bet she probably already heavily invested in equities, bonds and FD for sure.

  10. #30
    Bricks & Mortar
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    Almost 2 months, this thread has been quiet. Now MP buy, damn good 4 marketing. People start to notice this project...

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