View Full Version : Duxton 5r HDB rented out at 4.5k per month
phantom_opera
19-09-12, 09:00
A few units according to news
after 1m HDB, 1.28m HUDC .. now 4,500 monthly rental for 1023sqft HDB :doh:
Duxton Star will be ready to attack next year after 5y MOP
http://images2.wikia.nocookie.net/__cb20090309234128/starwars/images/e/ee/DeathStar2.jpg
Annualised that, I guess you would be lookong at $1m easily.
phantom_opera
19-09-12, 09:04
Annualised that, I guess you would be lookong at $1m easily.
yes, 1 million for 1000sqft, translating to 1000psf :eek:
Duxton Star will always be remembered in the history of its deadly power
buttercarp
19-09-12, 09:04
Wonder who is the tenant?
Must be an FT or expat?
How come haven't MOP yet can rent out?
Landlord must have been posted overseas by company?
At 1mio, yield is 5.4%. Super yield still.
phantom_opera
19-09-12, 09:07
At 1mio, yield is 5.4%. Super yield still.
most lkk HDBs will be able to command that yield that if near MRT .. it is the capital appreciation potential that will drive ppl to buy prime location HDB
A few units according to news
after 1m HDB, 1.28m HUDC .. now 4,500 monthly rental for 1023sqft HDB :doh:
Duxton Star will be ready to attack next year after 5y MOP
http://images2.wikia.nocookie.net/__cb20090309234128/starwars/images/e/ee/DeathStar2.jpg
"help me obi-wan kenobi. You're my only hope." quote from Star Wars
Wonder if the condo, Arris, will be good due to the high rental at Duxton.
Allthepies
19-09-12, 09:16
Wonder who is the tenant?
Must be an FT or expat?
How come haven't MOP yet can rent out?
Landlord must have been posted overseas by company?
a number of duxton buyers buy for investment with no intention of staying there. they "plan" their posting out long ago.
I am sure HDB is monitoring this place. This should be genuine case where the family is abroad due to overseas assignment. Not bad with such monthly income. HDB in cityfringe will be hotter now.
buttercarp
19-09-12, 09:23
a number of duxton buyers buy for investment with no intention of staying there. they "plan" their posting out long ago.
I heard that they have to be posted by employers overseas then can rent it out during the MOP.
Cannot suka suka go overseas to work and rent it out.
I know cos my bro go overseas to work on his own accord and cannot let out his new HDB flat.
phantom_opera
19-09-12, 09:24
I dun think Duxton can sell much more than 1000psf simply because garmen already ban private property owners from co-own HDB
The only demand will come from downgraders i.e. those who sell off their own private roof .. which is small in number
1000psf is out of reach of HDB upgraders
Yes, it will be > 1m but volume will be very low
Enbloc owners will have the money or young adults with rich parents. Good investment. Sure win as this is the one and only iconic flat in the city to commemorate the achievement of vision set by older Lee during MBT's time in URA. :D
I dun think Duxton can sell much more than 1000psf simply because garmen already ban private property owners from co-own HDB
The only demand will come from downgraders i.e. those who sell off their own private roof .. which is small in number
1000psf is out of reach of HDB upgraders
Yes, it will be > 1m but volume will be very low
phantom_opera
19-09-12, 09:36
Enbloc owners will have the money or young adults with rich parents. Good investment. Sure win as this is the one and only iconic flat in the city to commemorate the achievement of vision set by older Lee during MBT's time in URA. :D
Young adults with rich parents aspires HDB living?! ... if I have rich dads, I am staying put in Paterson Road :p
I remember also got Duxton Star kind of HDBs in Queenstown ... akan datang the 2nd Death Star :eek:
This is the second 川 from Marina Bay direction, the first 川 being MBS... from the South inwards into inland align with the Flyer with the correct rotation and colours in the nite.
the original is Lor Chuan.
Ex-colleague of mine paid $400K+ for a 5 room unit, waited a long time for it and finally moved in 3 yrs ago .... unit on #48 , fantastic view, my opinion above $1mio not a problem :D
I dun think Duxton can sell much more than 1000psf simply because garmen already ban private property owners from co-own HDB
The only demand will come from downgraders i.e. those who sell off their own private roof .. which is small in number
1000psf is out of reach of HDB upgraders
Yes, it will be > 1m but volume will be very low
*Note: please sing to the tune of a widely-known national day song
there was a time when people said $one million hard to breach, but we did
there was a time when prices seem too much for us to take, but we did
we buy HDBs, affordable and cheap
reaching out together, and huat with more monies
this is my HDB, it is my gold
it is my future, it is my life
waiting for carrot heads, to pay COVs
i am sing-ga-pore, sin-ga-pore-an
A few units according to news
after 1m HDB, 1.28m HUDC .. now 4,500 monthly rental for 1023sqft HDB :doh:
Duxton Star will be ready to attack next year after 5y MOP
http://images2.wikia.nocookie.net/__cb20090309234128/starwars/images/e/ee/DeathStar2.jpg
call HDB complain.. and take back the unit sell to us!!!! not 5yr MOP yet
when u rent out during the MOP period with the approval of HDB, the MOP will be extended accordingly
Wonder who is the tenant?
Must be an FT or expat?
How come haven't MOP yet can rent out?
Landlord must have been posted overseas by company?
maybe husband and wife loved each other SO much they cannot stay under same roof...action action seperated...then with HDB approval rented out and collect 4.5k rental and staying with in laws...SOUND familiar...:cool:...use money to go holiday in soutj of france....singapore is such a wonderful country play ur game right....your RICH..:cheers5:
Powered by vBulletin® Version 4.2.2 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.