Duo Residences,99LH, M+S Pte Ltd [Ophir-Rochor]

[CCR]

Seem like a mixed bag of names... some blue chips, some never heard off...

Lets see if Duo with its large floor plate can change that...

Duo floor plate is huge! 26,000 to 31,500sq ft!

Lets see which clients will they attract

[smellyfish]

they should try and entice Cargill out of the concourse...

[smartboy2]

How high is your very high?
On 28th floor already 2300psf.

above 35 stories. I got it less than 2200 psf

[kellogs]

above 35 stories. I got it less than 2200 psf

wow which stack bro?

[minority]

will be interesting to see how this project fair when it TOP. competition from near by city lights and south bank.

but I am sure city lights and south banks are happy with Duo coming up help push up their value.

[thomastansb]

Of course

But very different. One is with shopping centers and MRT. One is only MRT but still, a few stops away from CBD.

I will be very worried about the rental, given the high price. The 1 bedder is like a studio in Southbank.

If own stay, it will be very nice.

will be interesting to see how this project fair when it TOP. competition from near by city lights and south bank.

but I am sure city lights and south banks are happy with Duo coming up help push up their value.

[CCR]

will be interesting to see how this project fair when it TOP. competition from near by city lights and south bank.

but I am sure city lights and south banks are happy with Duo coming up help push up their value.

with due respect to city lights and south bank, they are good properties, but Duo is on a different level, definitely position much higher than these two projects, u just need to look at the cladding of the development to know the difference, plus it's a mixed development and grade a office and It's in bugis central itself

Just like south beach positioning will be of a different class from duo, although concept the same

[Tony Blair]

will be interesting to see how this project fair when it TOP. competition from near by city lights and south bank.

but I am sure city lights and south banks are happy with Duo coming up help push up their value.

Try walking to Bugis from Citylights Southbank with high heels.Nearby ?OMG your topo very solid ya!
The have nots always like to look over the fence and say their feathers are similiar.

[DC33_2008]

We really need to know the composition of tenants in the future. Competition can be stiffer at the higher end as compared to the next level. Duo cannot compete with Southbeach, MBR, etc. on exclusivity.

with due respect to city lights and south bank, they are good properties, but Duo is on a different level, definitely position much higher than these two projects, u just need to look at the cladding of the development to know the difference, plus it's a mixed development and grade a office and It's in bugis central itself

Just like south beach positioning will be of a different class from duo, although concept the same

[minority]

Well I m looking from investment yield n rental pesoective. How much mote can duo command over city lights n south bank.

So base on the currebt Psf on duo a rental of 4500 for a studio generates less than 2% yield. For southbank 4500 is a happy yield.

So if I m a south bank owner I m a happy camper.

[minority]

Try walking to Bugis from Citylights Southbank with high heels.Nearby ?OMG your topo very solid ya!
The have nots always like to look over the fence and say their feathers are similiar.

Why must walk in high heels from south bank to duo? Take a cab! Or just walk with normal shoes lor.

Must well ask me leopard crawl from south bank n duo n say I m solid right? They are near n the price gap puts pressure on duo rental yield potential.

[CCR]

We really need to know the composition of tenants in the future. Competition can be stiffer at the higher end as compared to the next level. Duo cannot compete with Southbeach, MBR, etc. on exclusivity.

Agree.. The two project will e better, but I think duo will be rated higher when built, architecturally it brilliant, much better than marina one, clermont and mbr

[DuaNehNehChioBu]

South bank + Citylight = Both are BORING SHIT CONDO....Another Lousy Design.

Enough said.

[thomastansb]

Don't say my condo until like this la. It is giving me > 6% yield a year.

South bank + Citylight = Both are BORING SHIT CONDO....Another Lousy Design.

Enough said.

[thomastansb]

I am predicting a similar rental for studio vs Duo's 1 bedder. Probably around 3.8 to 4k for the 1 bedder. For Duo's studio, maybe 3 to 3.5k rental because the studio layout really CMI.

Well I m looking from investment yield n rental pesoective. How much mote can duo command over city lights n south bank.

So base on the currebt Psf on duo a rental of 4500 for a studio generates less than 2% yield. For southbank 4500 is a happy yield.

So if I m a south bank owner I m a happy camper.

[newbie11]

I think many bros here r comparing duo with what u purchased in the past?

[thomastansb]

There is no comparison. Duo location is superior to Southbank or Citylights. It is definitely nicer, more facilities and newer.

But when it comes to rental, it is usually comparable to nearby properties. And Duo studio layout is bad. So we should compare Duo 1 bedder with Southbank or Citylights studio.

I think many bros here r comparing duo with what u purchased in the past?

[DuaNehNehChioBu]

Don't say my condo until like this la. It is giving me > 6% yield a year.

Your condo ? You own the WHOLE CONDO ?

Why i cannot say ? who cares your 6% yield

[newbie11]

There is no comparison. Duo location is superior to Southbank or Citylights. It is definitely nicer, more facilities and newer.

But when it comes to rental, it is usually comparable to nearby properties. And Duo studio layout is bad. So we should compare Duo 1 bedder with Southbank or Citylights studio.

If u r in the mkt today, I m wondering would u buy duo studio or SB 1 br if u r buying the first investment property? Duo, SB or none?

[kellogs]

If u r in the mkt today, I m wondering would u buy duo studio or SB 1 br if u r buying the first investment property? Duo, SB or none?

I just bought my so called "first investment properties" and i have chosen to buy 2 units at DUO

1 x 1 bedder
1 x 2 bedder.

[august]

If u r in the mkt today, I m wondering would u buy duo studio or SB 1 br if u r buying the first investment property? Duo, SB or none?

buy Duo. SB although one mrt station away is in a different league.

[august]

I just bought my so called "first investment properties" and i have chosen to buy 2 units at DUO

1 x 1 bedder
1 x 2 bedder.

congrats.
in your situation do u get to pick one of the two ppty to subject it to ABSD and lower LTV?

[kellogs]

I already owned a property prior to this purchase thus I am subjected to the absd and tdsr.

[august]

I already owned a property prior to this purchase thus I am subjected to the absd and tdsr.

so one Duo unit is subjected to 7% absd and the second one 10%? or both at 7%?

[kellogs]

I did a decoupling so the 2nd unit is under my wife name hehe

[henryhk]

what is decoupling??

[LiveYoung]

what is decoupling??

buy under one's name only lor, meaning both of them are earning high salary

[newbie11]

buy Duo. SB although one mrt station away is in a different league.

I will choose duo too. Wonder how many will choose SB.

[thomastansb]

Jealous ???

Your condo ? You own the WHOLE CONDO ?

Why i cannot say ? who cares your 6% yield

[thomastansb]

Depends on the price la. Anything more than 1.1M for a studio is risky IMO. 30 years loan (higher monthly installment), rental dropping and interest rate is at rock bottom now (only way is up). Even today's high rental and low interest environment is just enough for a 1.1M purchase.

If u r in the mkt today, I m wondering would u buy duo studio or SB 1 br if u r buying the first investment property? Duo, SB or none?