anyone buy those factory office before for 800k? worth it?

[Muskgirlfriend]

if got a bit cash

 

[Muskgirlfriend]

 

[Architeck]

Those B1 and B2 industrial?

Last time many people bought. Some of the buildings look and function like condos or commercial offices.

Got swimming pool, balconies, furnished with plants, artificial grass turf, etc.

Lifts and lobbies all furnished with nice tiles, chrome and glass, macam CBD building.

 

[Architeck]

My friend's office in Ubi area. Quite new building. His unit itself is about 1,200 sqft nia, he put carpet, plants, glass partitions etc swee swee. His own private office room inside is like his private bedroom, all blacked out glass, often bring girlfriend back to ahem ahem

 

[TimsTom]

My friend's office in Ubi area. Quite new building. His unit itself is about 1,200 sqft nia, he put carpet, plants, glass partitions etc swee swee. His own private office room inside is like his private bedroom, all blacked out glass, often bring girlfriend back to ahem ahem

How muchie? Freehold or short lease(tspace is like 60years lease iirc)

 

[Architeck]

How muchie? Freehold or short lease(tspace is like 60years lease iirc)

Should be leasehold one. Yes 60 years LH. Last time he bought from developer, cheap.

 

[busfreaks]

800k better buy B1 factory

B2 factory if only 800k budget can't get u too suitable size unit

 

[Bunknifer]

Unless u biz owner else waste money one … rental not enough to cover de

 

[Architeck]

800k better buy B1 factory

B2 factory if only 800k budget can't get u too suitable size unit

B1 is light industry, warehousing, showroom, etc.

B2 is medium to heavy industry, got car workshop, metal workshop, wood and furniture manufacturer, etc. May have more pollution.

 

[Jonlovefood]

30 years lease nia... now alot empty spaces.. top up abit buy commercial office better

 

[Architeck]

Unless u biz owner else waste money one … rental not enough to cover de

Actually many units got workers sleeping inside....

Last time I know one Sinkie guy rented one as a startup for his import export IT biz. He jitao moved out from his parents house and stay inside his office. At night his GF come and visit him.

Every unit has a full functioning bathroom and toilet, so no worries.

 

[Architeck]

30 years lease nia... now alot empty spaces.. top up abit buy commercial office better

Commercial office the psf is triple or quadruple, bro. Have you looked at prices? Go commercial guru and see.

 

[Architeck]

30 years lease nia... now alot empty spaces.. top up abit buy commercial office better

Some 30 years, some 60 years. Got a few are even freehold. Like the AZ building in Paya Lebar

 

[HustlerKing]

Not worth it la. Rental roi damn cui

 

[Muskgirlfriend]

Not worth it la. Rental roi damn cui

they say 800k 2500 per month

1 year 30k

you provide 500k and 300k loan (2%) and you pay 6k and become like 24k. 24k/500k is about 4% and got capital appreciation

 

[Jonlovefood]

Some 30 years, some 60 years. Got a few are even freehold. Like the AZ building in Paya Lebar

u got yr own biz? from what i see industrial alot vacant these days. my floor almost half is vacant, if got own biz can double up as office

 

[Architeck]

they say 800k 2500 per month

1 year 30k

you provide 500k and 300k loan (2%) and you pay 6k and become like 24k. 24k/500k is about 4% and got capital appreciation

Sounds good on paper.

But recently many SME closed down and many offices left empty bro.

 

[Architeck]

u got yr own biz? from what i see industrial alot vacant these days. my floor almost half is vacant, if got own biz can double up as office

No lah I employee nia.

Yes many are empty now.... Economy no good for SME

 

[Muskgirlfriend]

Sounds good on paper.

But recently many SME closed down and many offices left empty bro.

that why i come to ask edmw. thanks for the head up

 

[Jonlovefood]

No lah I employee nia.

Yes many are empty now.... Economy no good for SME

if buy for investment can go youtube eric chiew. he share tips for free