You have ~1mio budget for property investment/own stay, what will your choice be?
- 1 bdrm FH in CCR
- 1 bdrm PH in OCR
- 2/3 bdrm LH
- 2 bdrm FH
2 MM is not in the option.
Thanks in advance
Newbie
You have ~1mio budget for property investment/own stay, what will your choice be?
- 1 bdrm FH in CCR
- 1 bdrm PH in OCR
- 2/3 bdrm LH
- 2 bdrm FH
2 MM is not in the option.
Thanks in advance
Junior
have to narrow your scope a little for any meaning discussion.Originally Posted by Estella83
own stay - how many members in the family? upgrading or downgrading in terms of space? desired quality of life?
investment - for passive income? capital appreciation? current state of gearing?
Divine
agreed with eng's comments above. Adding on to his, u failed to give us more details. i.e. if LH 99 does it comes with near MRT/mall etc?
Ideally if u have 1mil and I don't know why u said no option for 2 MM (Maybe will hit ABSD?) then buy a 1 bedder with highest potential rental yield lar? Anything that brings the most profit from an investment POV.
IF for own stay then i will choose whichever that brings most utility (An economic term referring to the total satisfaction received from consuming a good or service)
Newbie
Buy for fun?
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Nt a srious thrd... Dun wst u tme
Newbie
Sorry if I have made u think that
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Bros here so kind to offer advice yet u say buy for fun.!!!!
Newbie
Haha... Cos can don't buy mah.
At the moment will be for myself only, but not sure 5 years down the road....
Will rent out if....
it's not near not mrt/bus stop cos I don't drive, or
Too far from my workplace, or
I don't like the neighbor, or
Overcrowded, or
Run down, or
Need renovation, or
Noisy, or
Financial liability etc
Will stay if....
Good location, good fengshui layout, good view, first floor/ top floor, good/ no neighbor, no commitment etc...
I do not mind staying in the master bdrm n rent out the other rooms to generate a few hundred bucks income.
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Interestingly you mention first flr. Why ah
Newbie
Childish lah..Buy for fun?
Junior
can jump into the pool in super fast time? or secretly bath at the pool's bath facilities anytime?
Newbie
Can see hunkscan jump into the pool in super fast time? or secretly bath at the pool's bath facilities anytime?
tweet @condoexchange
can pat time as lifeguard. just sit there in your house and look out the balcony can liao. ez job ez moneycan jump into the pool in super fast time? or secretly bath at the pool's bath facilities anytime?
Divine
then u answered ur own question!
Newbie
But my question was, what will your choice be if u have ~1mio budget for property....
Newbie
Buy a 4 bedder in OCR, rent out 1 bed to bangala, another bed to Prc, another bed to pinoy, last but not least last bed to Indian .. U sleep in utility room..
Newbie
i ever rent out rooms to Indonesia Chinese, Malaysia Chinese, Myanmar and stayed in master bedroom. Don't think i'm comfortable with other nationality except for Taiwanese....
Newbie
You rent to man or woman?
Newbie
Ladies only. So far, all accountants n one purchaser.
Senior
Are u a Taiwanese yourself therefore only comfortable with Taiwanese?
Newbie
My bad. Didn't phrase my sentence correctly. I'm comfortable with a few nationality only, that include Taiwanese.
Senior
My requirement is location... must be near MRT or at most 400m away from MRT station. I'll prefer OCR though coz CCR is too expensive for me. If for investment, FH and LH same same so location is king. If for own stay, FH is preferred coz staying long long... if not sure purpose of purchase, then sort that out first then decide where to buy....
Newbie
I also think so. For own stay preferably FH. Rental , doesn't matter. Sigh.... Maybe should just hoot one n see how. HahaMy requirement is location... must be near MRT or at most 400m away from MRT station. I'll prefer OCR though coz CCR is too expensive for me. If for investment, FH and LH same same so location is king. If for own stay, FH is preferred coz staying long long... if not sure purpose of purchase, then sort that out first then decide where to buy....
Property Newbie
me choose 2br FH
more option than 1br FH
can rent out to family too.
or use for own family
I took the road less traveled by, and that has made all the difference.” - Robert Frost quotes (American poet, 1874-1963)
Newbie
i m waiting for dr doom's prophecy to come true.....then for 500k i can buy St Regis
Perennial
Since you don't mind renting out the spare rooms, best would be to buy a place near MRT with 3 bedrooms. Collect rent. Save for down-payment to buy next property or for retirement.
Newbie
1 bed FH CCR if 2nd property before it is out of reach for 1 mil.
Junior
Buy for fun? Ferrari, Lamborghini also canBuy for fun?
Senior
\
do you mean you have $1m in cash for down payment, or do you mean only can afford to buy a $1m apartment?
Senior
$1m for CCR property will be very very tiny. 3-400sqft?
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