low ballers around...fishing for bigger fishes..
these projects are a bet for the clean up of vice around these areas... if correct, jackpot.
Anyway low quantum, lower risk as holding power is higher. Just hold until the next wave come!
low ballers around...fishing for bigger fishes..
these projects are a bet for the clean up of vice around these areas... if correct, jackpot.
Anyway low quantum, lower risk as holding power is higher. Just hold until the next wave come!
I guess the question is which are those banks that actually lend to such Geylang new launches? Any of the major?
All major bank got my loan form uobOriginally Posted by mcmlxxvi
Should read today's Sunday Times "taking the mickey out of home buyers"
i like that part bout what was said bout buying MM units in suburban areas. there was a fierce debate in the Estuary thread bout this issue and one buyer of a MM unit there didnt believe when i mentioned rental will be a big issue there for such units.
Originally Posted by Geylang OKT
ic...i tink still can find renters....just a matter of how much rental....Originally Posted by Regulators
how much u tink a 1bedder in estuary can fetch based on current rental market? 3rm flat in yishun can fetch 1.4k or abit more? if so...a 1bedder shd be able to fetch 1.4k or abit more?
maybe 1.5k coz with inflation, it won't be much in 5 years time.
Originally Posted by devilplate
based on their average purchase price of 500k...1.5k can fetch them gross rental yield of 3.6%....hopefully they buy not bcoz agts told them can fetch 2k rental...Originally Posted by Regulators
1bedder of ard 500sqft at residences at somme can fetch 2.5k...dun have a small pool somemore...but of coz, estuary is far north and this is city fringe
1 Bedder in estuary? haha... its going to be restuary.. rest in peace... waiting for that fool to wake up.Originally Posted by Regulators
in terms of rental yield..3.6% is not the worseOriginally Posted by cashrich
i hf seen some less den 2%
Ya Somme is high yield due to extreme proximity to big mall and mrt. I leased and flipped a unit there so I can support bro devil statement...Originally Posted by devilplate
Ow! Ow! Ow! Pain Pain
this project will try for 1200psf upwards?
Ya agent told me will be above $1200 mark, anyway $500xxxx divided by smallest unit of 377 was like $1300....Originally Posted by devilplate
however the real price only be known on Preview day...
heard preview was on national day. nobody update? all sold out already?
Originally Posted by rc_ue
Centra SuiteOriginally Posted by bargain hunter
I was passing by there ard 12pm+.. saw 58 units were sold with balloting... left only 4 units on 2nd floor; those unsold units are all 700sqf+ but only 1-beded with big terrace (ard 900psf+)... the design doesnt make sense at all!! Otherwise, I guess will be 100% SOLD OUT during VVIP.
Centra Studio
This project was 100% sold out during VVIP last month...all 51 units sold with balloting!! no funny design!!!
do u noe the psf for the std 1bedder? 1200psf?Originally Posted by centra
yes, all std 1bed sold >1200psf (freehold)!!! The suites really near to Aljuinied mrt... 2-3 min walk only... for investment purpose, I think its a good buy!!Originally Posted by devilplate
I think u sound more like a fool to me. That development is near mrt and facing reservoir and quantum is low. Definitely have some potential in it.Originally Posted by cashrich
Not everyone likes to stay in geylang area, at least not to me. Imagine my kids came home need to pass by those sleazy places. No parent will feel secure.
Yes if 1 bedded is sold more than 1200psf at this kinda area, think water bank and estuary is cheap and more worth itOriginally Posted by centra
CENTRA STUDIOS
25 Lorong 25 Geylang #08-06
1
39
Strata
710,000
18205
1691
10-MAR-2011
Apartment
Freehold
Uncompleted
Sub Sale
HDB
14
38
388302
Central Region
Geylang
The owner earn more than 200k
older apts selling for 7xxpsf in geylang and MM selling 1700psf
http://www.propertyguru.com.sg/listi...camellia-lodge
different la, that one no facilities...Originally Posted by devilplate
haiz where to trace the agents that done the transaction so high, i want to ask them to help me sell high high..maybe above 2000psf?
got 1.6kpsf surely let go liao lor....dun b greedy....the px disparity between MM vs older apts simply too huge to swallowOriginally Posted by kaizhe
u can sms all the agts found in pptyguru tat advertise their MM units in geylang....
haha ur atrium still dun wan let go then?Originally Posted by devilplate
Wow
1690psf geylang lor 25 u/c new record...
Oh just realised kaizhe orady posted few days back...
hahaOriginally Posted by mcmlxxvi
kelong deal ....la fleur only around 1100psf...lolOriginally Posted by mcmlxxvi
hmm...palmera east 135xpsf