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View Full Version : Bedok Semi-D, 3315sqft S$600k ONLY!!!


leesg123
10-12-12, 12:21
LOL, left with 22 years, S$33k/yr straight line depreciation to S$0 :scared-1:

Contract
Date Project Name District Planning Area Tenure Property
Type Area
(sq ft) Price
($psf) Price
($)
2012-11-26 N.A. 16 Bedok 70 Yrs FROM 1964Semi-Detached House 3,315 181 600,000
indomie
10-12-12, 12:50
LOL, left with 22 years, S$33k/yr straight line depreciation to S$0 :scared-1:

Contract
Date Project Name District Planning Area Tenure Property
Type Area
(sq ft) Price
($psf) Price
($)
2012-11-26 N.A. 16 Bedok 70 Yrs FROM 1964Semi-Detached House 3,315 181 600,000
Convert into 6 bedroom suite and charge $850 per month = $5.100 per month. Annual gross = $61.200
In 22 years = $1.346.400
If location strategic rent the room to tourist $150 per night lagi better
leesg123
10-12-12, 13:05
Convert into 6 bedroom suite and charge $850 per month = $5.100 per month. Annual gross = $61.200
In 22 years = $1.346.400
If location strategic rent the room to tourist $150 per night lagi betteryeah, i guess thats why still got people buy.
buttercarp
10-12-12, 13:06
yeah, i guess thats why still got people buy.

Good for those who need a place to house their workers?
moneytalk
10-12-12, 13:10
Good for those who need a place to house their workers?

Excellent for smrt bus drivers! Juz kidding.
Most of the houses there are very rundown and at one stage, that area was full of foreign workers.
radha08
10-12-12, 21:15
:D
Convert into 6 bedroom suite and charge $850 per month = $5.100 per month. Annual gross = $61.200
In 22 years = $1.346.400
If location strategic rent the room to tourist $150 per night lagi better

just pray roof doesnt drop...:D
Reuben
11-12-12, 06:19
Just curious. What will happen after 22 years? The owner get zero $ or at least something after that?
proper-t
11-12-12, 08:03
Just curious. What will happen after 22 years? The owner get zero $ or at least something after that?

Yah lor...just like when any lease is over, you have to move out without any compensation. What's worse is that 'Landlord' can ask you to reinstate land back to original condition which means you may have to pay for demolition/clearing cost :banghead: . However, this has not been proven yet as no leasehold property has come of age yet.
lajia
11-12-12, 17:34
Scrape rebate....what happen when your COE expire...:D
Just curious. What will happen after 22 years? The owner get zero $ or at least something after that?
hovivi
11-12-12, 18:30
Just curious. What will happen after 22 years? The owner get zero $ or at least something after that?

Reason why shouldn't touch leasehold landed

But understand if the land is of certain large size, there is option to top up lease.