Anyone looking at Landed?
- Thread starter drkcynic
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holasingapura
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Terrace plenty at 3+m. Semi-d, look harder at the outskirts or very old ones at better locations.
yoongf
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Thanks, aiming the Kovan area. Many still below 3m. Going for some viewings.
Near Simon/Flower? or further down??
below 3 at kovan area usually u need A&A
You need many roooms (multi gen)
With lift?
All these will narrow your search quite a far bit
If you need at least 5 rooms, many of the below 3m FH dont really have that much unless, like i said earlier, you A&A
With lift?
All these will narrow your search quite a far bit
If you need at least 5 rooms, many of the below 3m FH dont really have that much unless, like i said earlier, you A&A
Pure investment. 10 years horizon.
I don't mind if it is slightly dilapidated but structurely solid. Fresh paint, some touch-ups and it's good to go for rental.
Aiming for land yield.
For A&A i estimate buy price of at most 2 to make it worthwhile. But at that price not alot of options (in decent areas).
Longer termed investment, safe to hold since it's your land forever (for FH)
Don't think it'll ever make sense for rental yield though(that area 2.x-3mil property should fetch around 4-5k+/month)
Think Kovan's appreciation's slightly slower than Serangoon Gardens, but then again as long as you can find a unit to nego for a good price then anywhere also good
Longer termed investment, safe to hold since it's your land forever (for FH)
Don't think it'll ever make sense for rental yield though(that area 2.x-3mil property should fetch around 4-5k+/month)
Think Kovan's appreciation's slightly slower than Serangoon Gardens, but then again as long as you can find a unit to nego for a good price then anywhere also good
Thanks for the input. The thing is I am not sure what is a "good" price. There isn't alot of historical data for landed, or maybe there is but I haven't come across.
As for rental returns I am happy to get around 2%, afterall it's not much lower than condo rental these days and the quantum (2-3m) is bigger.
The agent is telling me current tenant is renting at 5.5k and wishes to continue. I also read of certain agents throwing out phantom renters and amounts to sell places so shall be mindful of that.
No problem, all the best bro. Here's a rough chart of the area
Data obtained on PSFs and Transaction Volume, 999/FH Terrace, 1km radius around Lowland Terrace(blue) and Serangoon Gardens Estate(orange), over the past 10 years
The data's really general as there isn't much info to work with(exact location/condition/built up area etc) but I hope it helps
For phantom rentals, believe you should be able to ask for the tenancy agreement before signing
Data obtained on PSFs and Transaction Volume, 999/FH Terrace, 1km radius around Lowland Terrace(blue) and Serangoon Gardens Estate(orange), over the past 10 years
The data's really general as there isn't much info to work with(exact location/condition/built up area etc) but I hope it helps
For phantom rentals, believe you should be able to ask for the tenancy agreement before signing
Serangoon Gardens is more outskirts and “ulu” .. also no mrt..Longer termed investment, safe to hold since it's your land forever (for FH)
Don't think it'll ever make sense for rental yield though(that area 2.x-3mil property should fetch around 4-5k+/month)
Think Kovan's appreciation's slightly slower than Serangoon Gardens, but then again as long as you can find a unit to nego for a good price then anywhere also good
Limited parking spaces along the road
holasingapura
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Exclusive estates no mrt does not matter.
Most at SG are semi-d and d, enough space to park 2/3 cars. No need so cheapskate park along road. That said, there is still enough parking along the small drives, at least for the area I frequent.
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Isn't that place filled with small lanes where you find the turning radius tight?
Hard to come out of your own home..
holasingapura
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Well most houses' gates around singapore open to small lanes. I don't think the lanes at SG are noticeably narrower.
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