seems like in a lot of the new launches...2 bedders sell out the fastest
Wonder why...
seems like in a lot of the new launches...2 bedders sell out the fastest
Wonder why...
Affordability..Affordability..Affordability..Originally Posted by radha08
oh ok...so we must aim for Location Location Location follow by Affordabil...(finger pain liao..Originally Posted by flagship74
i tot mm faster than 2bdr....
Mm is passé, today it is 2 bedder.Originally Posted by ikan bilis
sell out fastest is this
Ride at your own risk !!!
2 bedders apparently easiest to rent out...they tap into both singles and family markets
A single with more budget will go for 2 room - use one room as study and one for sleeping. Or 2 tenants who are friends. Or a family of 3-4 with a budget.
I am rich in debts...
then developers should build more 550sqft mm 2bdr....
Is a 1 + S feasible for the same reasons?Originally Posted by mantrix
Especially renting - short term arrangement.
1+s, the S is very odd shape, no door, pointless.Originally Posted by Kelonguni
Bro chestnut, ultimately it is still quantum game. If mm is priced at 6xx, two bedder priced at 8xx, which one will sell first?Originally Posted by chestnut
This will depend. Have seen those not so odd shape types. Doors can be built, depends on tenant needs.Originally Posted by leesg123
well it caters more to singles...can't really tap into family market thoughOriginally Posted by Kelonguni
I am rich in debts...
Originally Posted by mantrix
Yah 2 bedders are the most flexible for rental. Best if you could get those with the 2nd bedroom that can fit a queen sized bed.
You are right, I think. HK average living space less than us, TFR even lower, at 1.09.Originally Posted by mantrix
However, some anomalies. There are several v large families that have the smallest living space, how to account?
My relative recently rented out a room to a couple with a kid. If they can live in a single room, surely the 1+ S is comfortable for them? Again, its for short term stay, say 1-2 years.
hmm..now i know why 2br sold out so fast...
If u ask me, each really has its own market. I do not own any mm nor 2 bedder. I tried to get in on 2 bedder from developer sales but always late.Originally Posted by leesg123
mm in strategic locations make sense to me. But really, it is difficult to comment when I am not in the game. My units are 3 bedders or 4 bedders. What I can tell u is 4 bedders are more difficult to rent out vs 3 bedders.
In terms of yield, smaller units give better yield than large units. I have a 4 bedder still not rented out after 1 month but I taking my time. No rush at all.
If u ask me, I regretted not getting any mm in the early phase. My mind just could not accept such a small dwelling. If u go Aus, there are so many studios because people move out of parents dwelling and want to stay on their own.
Best combo for rental yield and capital appreciation.Originally Posted by radha08
mm good for rental but i think you have gotten much better returns from the capital appreciation of your 3&4 beds.Originally Posted by chestnut
If u bot 4 bedder in 2005 and 3 mm. The capital gain would be similar but rental yield on mm is a lot better. But in reality, very difficult to just go in and swoop 3 units of mm. So, agreeable.Originally Posted by kane
mm's bid offer is typically pretty tight but 3/4 beds you get the outside chance of a crazy bid because a rich family craves what you have to offer. 豪宅 is a term they use in HK to describe one of two things, high psf or, more traditionally, large built ins or land.Originally Posted by chestnut
Ever consider renting out your 4 bedder as rooms instead whole unit?Originally Posted by chestnut
I have seen what happened w property cycle. There was once in 2007 or something, the psf of large units were high, because it was 'rare'.Originally Posted by kane
But indeed 4 bedders which are about 2000 sq ft will be rare in the future.
Bro, when u rent out as rooms, you actually get more rental. This I am aware. You can even apply this on a 3 bedder. Instead of 4k, u can get 4.5k.Originally Posted by leesg123
But I prefer convenience and I also want a family who can take care of my unit.
how about resale of 4BR? easy to sell, fetch a good sum?
Originally Posted by chestnut
With 2 bedded, can we knock down the wall between the 2 rooms (if it is not the main "pillar") and seal up the door of 1 room (with brick) so that the other room is bigger?
I converted my 4 bedder into a 3 bedder. In fact, the developer converted it for me based n my wish.
Even for my hdb in the early days - 20 yrs ago, I bit into one of the room and knocked the wall to make a walk in cabinet. Submitted plan to hdb for approval before doing it.
Originally Posted by irisng
that's better bcoz no need to redo the flooring....Originally Posted by chestnut
I even raised the false ceiling to super high, of course developer did it. But that was in 2005/6. During that time, they were so accommodating and even allowed u to negotiate. That was the first time in my life I negotiated for price of condo from developer. Hahahaha.Originally Posted by ikan bilis
chestnut and I probably belong to an older group of investors who had never bought MMs, or even 2bds. The old idea was, the pty you bought must be good enough for yourselves to stay in. Today time has changed.