Newbie
Hi all experts in this forum, happen to drop by in this forum by accident and feel that this forum is interesting and very informative in property related issues.
Would like to seek your opinion on how to rent out a west facing property. Anyone encounter this issue before?
half beast half freak
actually not all buyers/tenants mind west sun, personally I dun mind.Originally Posted by MM Lovers
try looking for tenants in months when there is north west wind? at least it is hot & windy
Junior
Brilliant.......actually not all buyers/tenants mind west sun, personally I dun mind.
try looking for tenants in months when there is north west wind? at least it is hot & windy
Newbie
Thanks for the advice.
So far the potential tenants that view the unit were local. Try to arrange viewing in the morning but most cannot make it. The sun will shine directly into the unit when around 3 pm.
Seems like the rental market has slowed down. The offer was low too.
Newbie
By the way, which month has north west wind?
Junior
possible to share location ?
half beast half freak
cos my room has direct west sun
u can save yr efforts in coaxing ppl to view in morning/nite time cos Im sure many ppl r like me, who specifically arrange to view ard 3-5pm
since u cannot prevent west sun busters from exposing yr weakness, wat u can do is try to arrange it at say 2-3pm. the intensity of the heat is not so bad as compared to say 4-5pm.
its more windy around nov-feb lor ...
Newbie
sorry to hijack your thread..My uncle looking to rent out his studio unit in Telok Kurau..but so far offer all on the low $2k side...D15 studio is it all around this range?
half beast half freak
if not near mrt, quite hard to fetch a gd price. I wun be surprised if a near mrt unit in ocr fetched a better price than yrs.
Junior
yield low if price bought too high? TA can be renewed is equivalent to not constant rental u are getting...restriction inflow of foreigners and so many release of new condo and TOP...rental not very good for those location not so convenient as would be expected..if interest rate goes up, bought at high price would have problem getting enough rental to serve outgoing loan....or in the first place can it be rented if demand remains constant or down while supply up? Deep pockets can hold while leave units empty...those cannot tahan will sell...expect to sell higher and earn a good profit at that time? anyone guess....
Newbie
Mine is a 1 bedroom type just TOP. 4 bus stops away from Nex Shopping center. However walking distance to Bartley MRT Station, about 10 mins walk.
half beast half freak
how much was the offer?
Senior
Along Upper Paya Lebar Road? Is it The Vue?
Newbie
I heard from the agent that 1 unit accepted $2,200 partial furnished.
Mine no offer yet.
Newbie
Yes, you are right. Do you own any unit there?
half beast half freak
the 1 unit accepted got west sun?I heard from the agent that 1 unit accepted $2,200 partial furnished.
Mine no offer yet.
rental rates in this serangoon area not high, I noticed.
2.2k seems quite low for a 1 bedder condo. Mostly I heard is at least a $2.5k.
Newbie
Yes, agreed. I expected at least $2.4K for partial furnished. That unit spoil market liao.
Not sure which facing, agent didn't reveal.
Senior
No. I went to view it at the VVIP launch about 2 years back
$2.2k is quite decent for that area. Try engaging more agents to market your unit.
half beast half freak
mayb the owner urgently nid to rent it out tats y willing to accept a lower than market rate.
juz now I checked other agents advertising for $2.7k. as long as the remaining owners dun spoil the market, I believe u shd not hv a prob getting 2.4k-2.5k.
juz be patient
Junior
New Virgin unit for $2.2k is very low. When someone offer low u no need to follow them.
half beast half freak
precisely.
my fwen rented out his 1 bedder at west coast. very far fm mrt (at least 15mins) but is getting $3.5k under corporate lease.
regardless how bad facing/location a unit is, a condo is still a condo; there is a minimum amt as long as owners r not desperate
东方
To TS, try not to wait too long. 见好就收。
Why? Your competitor Suites @ Paya Lebar topping soon.
click: 🏢shoeboxmickeymousehouse 🏢
Senior
How big is your unit in sq ft?I heard from the agent that 1 unit accepted $2,200 partial furnished.
Mine no offer yet.
Newbie
420 Sqft. 1 proper bedroom.
Senior
If u had paid $600k or below, u hv made a safe buy. Gross yield for purchase px of $600k n rental of $2500 (assuming) is 5%. Nett yield minus outgoings is 4+%.
Newbie
Maybe you can share some pics on your rental properties?
I am sure some tenants are ok with west facing
Mercedes Lover
Not too long ago I was showing this angmoh lady my unit, telling her I have a NS facing with no west sun. She told me she loves sun tanning and prefers west facing unit
Having west sun also means you have sunset view .... 夕阳无限好，只是近黄昏
Newbie
Feel encouraged by your sharing. Will continue to press on.Not too long ago I was showing this angmoh lady my unit, telling her I have a NS facing with no west sun. She told me she loves sun tanning and prefers west facing unit
Having west sun also means you have sunset view .... 夕阳无限好，只是近黄昏
Newbie
Don't worry too much. Just draw the curtains and turn on the air-con when viewing. I've seen your condo floorplan. It's quite nice and livable.
Not sure whether the news from your agent about the 2.2K rent reliable or not.
Newbie
Yes, already doing that. Intend to install sunshade to assure the tenant that the sun issue can be solved.
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