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Old 01-08-2020, 11:16 PM   #68
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Join Date: May 2020
Posts: 1,390
This is where I am a little puzzled. If ppl willing to pay letís say $1600 psf for OCR, then $1800 psf for RCR is a good deal. Only around 11% more expensive. This gap is pretty small. Correct me if Iím wrong but I rmb reading that the average premium FH has over LH is around 15-25%?
Clementi imo is like a prime OCR district comparable to many RCR areas. The rental fetched there is higher than many RCR areas, including Penrose area. Thus, when rental is higher, price would definitely be higher.
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