Hi Fellow Gurus,
Given the large number of MM completion in Geylang in the next few years, my questions are:-
i) Will there be a significant drop in price of MMs when landlords decided to sell them when they're unable to rent them out for a profit?
ii) Understand that currently a 2-bedder MM could fetch a rather decent monthly rent of about $2300 to $3200. However with the increase of MMs, what would be the impact to the rental yield?
Thanks in advance.