Originally Posted by
teddybear
Don't think very budget people who want cheap in OCR will rent shoebox at high rental right? So, end up shoebox in OCR may have to rent damned cheap to compete with EC and HDB and family size private condos?
The most amazing thing is some of these OCR shoebox rents can indeed match or compare with HDB of similar sizes at similar locations. Still viable for many owners to price at those levels.
Unless it's OCR plus far from MRT plus far from any business hubs plus very high prices. Even for such HDBs, there is still some demand. Hope nobody's fall into such categories!
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.