..looks like a lot of forumers here went in ....
I also think this is more for capital appreciation, rental is just bonus. In HK, the Austin , which is located at similar location (Kowloon area ), is selling 7k SGD psf now. Such iconic project will always have buyers, once the buying restriction is removed .
Actually those tenants working in Suntec will be better off renting Dakota or concourse because CCL direct to Suntec. If stay in Duo, need to take mrt and switch line or walk very far.
Next time Duo tenants will be just right next door, Duo grade A office block or getway n parkview.
Why is rental even discussed at this point in time? It's not like you can rent out now. It's going to be completed in 2017.
Yee ha! Did I tickle your funny bone?
Heard about 50 units left
Actually talk no end one lah.
If one is looking for rental income, than he should buy 3x inflora 1 bedder at 450k each. U can rent out 2k each aka 6k for 1.35m vs 1 bedder 1.35m at Duo. Can 1 bedder at Duo rent 6k?
And do you think it is easier to sell 3 x 550k or easier to sell $1.65m for 1 bedder? Only time will tell.
How much is Duo maintenance fee? My guess is it will be very high. After deduct away high maintenance fee very low yield.
I was told 320 sgd / month for my 1 bed and 2 bedder.
Bought a 2+ s on a v v high floor... I bought not for rental returns... Im looking more at cap apprecation
Maintenance is about $385-$400 for 2bedder and 2+S.
The main attraction of Duo is in its location. Being right above the confluence of downtown line (which serves bt timah to raffles place/marina bay financial district) and east west line (bugis). Being on a mixed use development site which houses a luxury hotel, retail and commercial grade A office space. As more land parcels get sold along the Ophir Rochor corridor, there is current upside to those who went in early. Some of the units were priced extremely reasonably IMHO. 09-11, for example, was $1,524psf.
I thought the penthouse layouts were the best I've seen in a long time. 270 degree views, superb cross ventilation, no wastage of spaces, huge living areas. Too bad no $$$ to get one.
http://www.ura.gov.sg/skyline/skylin...02/text/04.htm
By the way, the agents whom I spoke with all said there is a proposed underground walkway from Duo to Gateway and Suntec that will be built. Anyone has confirmation if this is true? If so, I thought it would be great to have connectivity to the circle line (Esplanade station) and North South line (Cityhall station).
http://allnewlaunch.files.wordpress....10/image2.jpeg
Gateway is a yes.
Suntec is a challenge being around 900m away.
Yeah, or so I thought. But many agents and websites seem to be stating the same claim, so I thought there may be a chance this is true lol...
http://www.theduoresidences.com/2013...portunity.html
I think the linkway is highly possible .. look at citylink ..
linkways are also proposed for SB.