If u wana take a look, tml i will be down for viewing with my buyer @ 430pm on site. U can drop by as well if u are in the area. My hp : 81835132. Can drop me a call if ur coming down. Cheers
If u wana take a look, tml i will be down for viewing with my buyer @ 430pm on site. U can drop by as well if u are in the area. My hp : 81835132. Can drop me a call if ur coming down. Cheers
saw in the classified ads and internet, 2 bedders of less than 1,000sqft asking for average of more than $7k per month rental! Is tat real ? Has it TOP ? Anyway knows what are recent transacted rent for the development if it has indeed TOP...
a spokesman for the developer, in a bid to talk up the project, once mentioned in an interview in "The Edge" a few weeks back that he believes it can fetch $9psf in rental. Nobody really knows how much rental it can exactly fetch yet. The project has TOP already but I am not sure how many keys have been collected. A differentiating point for the higher rental could be that the units can be converted to offices. Maybe some kind agent can update us on some REAL rental transactions?
Originally Posted by coolview
raining drop falling on my head
5 MAY 2014 2 MISTRI ROAD #XX-XX 678sqft 1,670psf 14 JUL 2010 1,730psf -40,680 1,391 -0.9
Ride at your own risk !!!
678sqft@10th floor sold at 1,401psf, Jun-16. SRX valuation shows current price at 2009 level. Even 2 bedrooms 900+ sqft rental nowadays < 4000.
The selling price for 1 bedroom/studio at icon or skysuites@anson usually based on 4% gross rental yield, which is make sense because it's a rental apartment.
With Lumiere rental rate falling below 3000 for 1 bedroom, investor will only find it interesting if buying at around 900K!
That's true, though it might due to low floor or bad facing, check for yourself at ura or propguru historical transactions. I guess that's the reason SRX valuation down to 900K for 624-sqft and 506-sqft units.
Skysuites stuido rental can still maintain 4+% gross yield, but need to count the high maintenance fee of around 350/month.
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Just saw the Sep 16 rental contract on Lumiere and observed anomaly of few contracts with abnormal sky-rocket rental rate.
There were six 1-bedroom units with rental rate around 4600-4800, one 2-bedrooms unit with rental rate of 6200.
There's no such high rate happening in the past 2 years so wondering what happened here. Maybe someone starting serviced apartment business recently which usually command much higher rental rate, or maybe some owners trying to bump up the selling price valuation by bumping up URA rental rate.
any reason for the constant drop in price of this condo? past 2 transactions abt 1.4k psf for 678 sq ft units
should due to difficulty to find tenant. The unit might be larger than others around, but the facility and constant noise from port and highway are a turn-off.