With that budget, didnt consider getting 3 mm in the area? Each can rent 3k.Originally Posted by starrynight
ipropertyguru
With that budget, didnt consider getting 3 mm in the area? Each can rent 3k.
Newbie
Not for hanging towel meh?? Easier to dryMe too haha
Junior
depends on discipline. all my $$ from tenant will go into the loan acct. any excess there will be used to pay down the loan or next ppty. wun touch it for daily usage. so no need to worry abt lower rental or short of tenant also. the buffer built up here shld be sufficient to buffer for downturn.
Junior
bro, you staying here too? i must check out the FS!!
ipropertyguru
Take the fengshui with a big pinch of salt. A 'wang' place in general doesnt mean everyone there will be blessed and huat. It very much depend on your individual gua. E.g. Singapore in general is a piece of good fs on earth, but not everybody huat rite? As ugly as it might sound, i am sure there are residents staying there who have failed busoness, retrenched or poor health. So dont believe too much into the fs thing there. Applies to all other wang places too.
Junior
this i understand that.. but good fengshui will improve the person's luck. a person with bad bazi living in good vs bad fengshui place.. there will be some improvement in the good place. of coz, the degree of improvement really depends. and some pple with very strong "ming", even stay at cross junction everyday kenah "hit" by car will also be very successful.
and even within one devp, there will be blocks with good and bad fengshui. for eg, swimming pool in a certain direction is good, but bad for another direction.
ipropertyguru
True, i think trust own feeling is impt. If go househunting and can feel the homeliness, tat should be the rite one.
Newbie
Magazine rack.I must say I like the bathroom
Anyone knows what the glass thingy on the wall is for?
Congrats on your new place.....beautiful! I love this place too but .... Vit M not enough to buy a 3-bedder
Newbie
Congrats!
Very nice estate. Was on my radar (in 2009 no less, would you believe it?!)... but there were so much of "distractions" then ... ha ha
Junior
Very GOOD QUALITY MARBLES ! My THIRD EYE can see very clearly workmanship also very good. ( Hint: Look at how they cut the false ceiling entry cover you will know liao la )
Junior
Much thought also put into the pedestal design as one use granite and the wall use marbles. Very good I like, can match my high standards.
Junior
you are lucky, nowadays many developers will cut costs on the use of materials.
Junior
placing of the marble slates also very swee, can tell the construction workers took the time to select the pattern for you
Deepsea
Swee man, congrats & thanks for the virtual tour of ur place.
To be specific, it's a Playboy centre spread holder in case ur tenant needs a helping hand.(joking...)
Anyone knows what the glass thingy on the wall is for?
Newbie
Any idea where to get the wall mounted hair dryer and how much does it cost?
Junior
haha, this one i use my normal eye to see can leow.
but then. i must.. the bathroom really hotel standard. how i wish mine will look like this.
Junior
starrynight
did u got it at launch ? Must be real huat...
Senior
Ur toilet is really atas but I suppose it is high maintenance. I prefer ceramic tiles for toilet for ease of maintenance and higher coefficient of friction, and I have never been able to figure out how to bathe properly in the bath tub - almost slipped while climbing in and out several times.
ipropertyguru
he bought resale recently
Junior
hmm, then he must be loaded.
i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....
a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...
Last edited by Lovelle; 06-02-13 at 09:34.
Newbie
Thanks! To be fair, the common bathroom is a little less impressive, but still ok.
Luckily the magazine holder is not next to the toilet bowlSwee man, congrats & thanks for the virtual tour of ur place.
To be specific, it's a Playboy centre spread holder in case ur tenant needs a helping hand.
I'm afraid I don't know
TBH, I'm not a fan of bathtubs, and think many Singaporeans are. They double up a place to place the laundry basket in many of my friends' homes
It's a 2-bedder. Well, I do think the prices will slide somewhat in the next 2 or 3 years, but also feel that in the (very?) long term, good location will command a healthy premium. If it gets really cheap again 1 day, then I buy one more lorhmm, then he must be loaded.
i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....
a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...
Newbie
Searched Renotalk forum, and found this: http://www.renotalk.com/forum/index....1&#entry389423
Costs $85 back in 2009, so should be around $100? Looks like they also sell all the hotel-type stuff, like shaving mirrors and foldable luggage racks
Senior
no one bedders here. smallest is 2 bedder of 10xx sq ft which as u said, > 2m now.
hmm, then he must be loaded.
i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....
a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...
Senior
hmm, then he must be loaded.
i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....
a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...
dont think there are 1 bed room in this project. min 2 bed room
Newbie
Yup, smallest is 1023sq ft.
Junior
thanks for pointing my mistake
Newbie
over 2 million with rental yield only about 3+%.....cannot now lah...
Senior
yes, rental yield is now low 3%+.
Newbie
For the sake of enlightenment, what is a good rental yield?
I bought my Pasir Panjang apartment in 2007, and got a tenant paying above market rate ($3800), i.e. 5.3% yield. I know this was high, but bearing in mind current rent and current purchase price, 3.5% to 4.2% is considered respectable?
I guess what I'm trying to get at is that, one can say that prices are going to drop, but looking at the number of completions in the next 3 years, there will be many units seeking tenants as well, i.e. rent is likely to drop (generally speaking), so yields are not likely to increase significantly? If so, then it might be years before we ever see the "respectable" threshold yields which some of us are seeking?
Grateful for opinions
Senior
there are too many arguments on this.
>3% is not bad by CCR standards already.
many invested in OCR becoz the yield is > 4%
5% is probably non existent by now (based on current market prices)? (correct me if i m wrong).
For the sake of enlightenment, what is a good rental yield?
I bought my Pasir Panjang apartment in 2007, and got a tenant paying above market rate ($3800), i.e. 5.3% yield. I know this was high, but bearing in mind current rent and current purchase price, 3.5% to 4.2% is considered respectable?
I guess what I'm trying to get at is that, one can say that prices are going to drop, but looking at the number of completions in the next 3 years, there will be many units seeking tenants as well, i.e. rent is likely to drop (generally speaking), so yields are not likely to increase significantly? If so, then it might be years before we ever see the "respectable" threshold yields which some of us are seeking?
Grateful for opinions
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