The Clift (D1, 99 years, Far East Org)

[Lovelle]

higher floor or good facing will be 1st to be rented out

[Jonathan0503]

not exactly true..high floor units easier to rent out especially if u have stiff competition n if u need to sell it in the future,will command a much better price definitely.

But high floors would usually cost more when you buy.

Hence, naturally, low floors being cheaper, you will be able to charge a lower rent.

So which is more attractive to the tenant? And which gives better yield to the landlord?

[devilplate]

But high floors would usually cost more when you buy.

Hence, naturally, low floors being cheaper, you will be able to charge a lower rent.

So which is more attractive to the tenant? And which gives better yield to the landlord?

If high flr got nice views....den go for it...capital gain is more impt den yield

If all no views...u jus buying the location...den choose low to mid flr.....low flr smtimes quite tough to sell

[thomastansb]

Yup. Must see what is the selling factor. You can say high floor as your selling point. Or good views as selling point. Or if you buy low floor, pool view is another selling point. Unblock view also a selling point.

But if your unit has no view, low floor, no pool view, then your only selling point is low price I guess. I am also surprised how some agents can say tennis court view is good. To me, it is so noisy and bright. Pool view still okay but tennis view????? Location I exclude because all units same location anyway.

If high flr got nice views....den go for it...capital gain is more impt den yield

If all no views...u jus buying the location...den choose low to mid flr.....low flr smtimes quite tough to sell

[taggy]

I am also surprised how some agents can say tennis court view is good. To me, it is so noisy and bright. Pool view still okay but tennis view?????

if the condo management ban male from entering the court, and only allow young ladies to book the court, then yes, very good view

(just joking, dun flame me)

[Jonathan0503]

Yup. Must see what is the selling factor. You can say high floor as your selling point. Or good views as selling point. Or if you buy low floor, pool view is another selling point. Unblock view also a selling point.

But if your unit has no view, low floor, no pool view, then your only selling point is low price I guess. I am also surprised how some agents can say tennis court view is good. To me, it is so noisy and bright. Pool view still okay but tennis view????? Location I exclude because all units same location anyway.

Think also depends.

If the tenant or buyer is a hardcore tennis fan, he might enjoy tennis court view...

[fiat500]

Think also depends.

If the tenant or buyer is a hardcore tennis fan, he might enjoy tennis court view...

thats interesting! have yet to see in st classifieds units being advertised for sale or rental using tennis court view to attract potential buyers or tenants..pool view there are plenty

[hopeful]

somebody bought loft unit at 2730psf .
don't know to be happy or sad.

[august]

somebody bought loft unit at 2730psf .
don't know to be happy or sad.

from developer sale, comes fully renovated and furnished. FEO agent claims can get $7k/mth rental lol ~

[DC33_2008]

FEO is really innovative. Got sick of FEO advertisement on SQ inflight movie. Will view it again on A380 to zurich next week.

from developer sale, comes fully renovated and furnished. FEO agent claims can get $7k/mth rental lol ~

[kingkong1984]

FEO is really innovative. Got sick of FEO advertisement on SQ inflight movie. Will view it again on A380 to zurich next week.

They are sponsors. Do u know how much would that cost?

[Tay EG]

Just got feedback that all stack 02 rented out. limited supply left for stack 01.

[Jonathan0503]

Just got feedback that all stack 02 rented out. limited supply left for stack 01.

What is the average rental like for the 1 bedder?

[thomastansb]

Anything from 3.7k to 4.5k

What is the average rental like for the 1 bedder?

[Jonathan0503]

Anything from 3.7k to 4.5k

Thanks. Quite good returns.

[devilplate]

Thanks. Quite good returns.

soso lor...4% yield....but consider gd yield for CCR ppty la

[thomastansb]

Hmm.. That is high


THE CLIFT MCCALLUM STREET Apartment 1 2,115,769 775 Strata 2,730 Jun-11

[bargain hunter]

is this the very high floor loft that far east was marketing here and in indonesia, fully furnished with a promised 5% yield?

Hmm.. That is high


THE CLIFT MCCALLUM STREET Apartment 1 2,115,769 775 Strata 2,730 Jun-11

[Tay EG]

is this the very high floor loft that far east was marketing here and in indonesia, fully furnished with a promised 5% yield?

ya, shd b those loft units above 30 floor. If u look @ TP development plan, the price of condo shd b moving up in the long run.

[DC33_2008]

How is rental at Clift? FEO sold all their units?

[shauntanzs]

I heard there is a 1 bedder rented at $4800!!
Rental is hot, I open my unit for viewing n in 2 days, I received 5 very good offers. Many chose clift over 1S due to the quiet env.

[DC33_2008]

It is really strange when one look at the design of building: IS is definitely more grand than Clift and yet clift is more popular.

[shauntanzs]

U need to go up 1S and u will know the ans. A tenant came over from 1S n he offer my unit immediately. For 1S, u either face AS or face west sun or face darkness. That's what they told me. N from concierge, you need to change 2 lift before reaching ur unit. N the most destructive is the noise. Construction for at least the next 2-3 years. N you have the noisy shenton road right in front. Clift is so much more quiet with better layout. U can fetch $8+psf easily. Whereas I heard 1s only $6+psf.

Nevertheless, I still like 1s architurally.

[devilplate]

I heard there is a 1 bedder rented at $4800!!
Rental is hot, I open my unit for viewing n in 2 days, I received 5 very good offers. Many chose clift over 1S due to the quiet env.

Wats their offer? All above 4k?

Rental at clift strengthen a little now to about 3.8k to 4.2k now....at one stage drop to 3.6k

[shauntanzs]

Wats their offer? All above 4k?

Rental at clift strengthen a little now to about 3.8k to 4.2k now....at one stage drop to 3.6k

3.7k, 3.8k, 4k, 4.1k 4.2k.

[devilplate]

3.7k, 3.8k, 4k, 4.1k 4.2k.

Great. 4.2k is a gd px

[Tay EG]

2 rm rental move to 5.5k. Once 4.7k to 5k.

[gap969]

Off topic

Any Clift owners here willing to rent out their parking space?
I need 2 lots.
Email me to discuss please

[email protected]

Require from Nov 2011.

[devilplate]

Off topic

Any Clift owners here willing to rent out their parking space?
I need 2 lots.
Email me to discuss please

[email protected]

Require from Nov 2011.

Clift owners r not entitled a car lot.....

U contact feo directly for season parking

[gap969]

Clift owners r not entitled a car lot.....

U contact feo directly for season parking

Oh didn't know that, thanks for the headsup