Property Investment Thread

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GoldenBargain

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NewInvestor said:
That is still sibeh hoh!
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It's gonna be a bit of work. For that yield, we are renting it as a holiday house rental. So posting in Airbnb etc. wear and tear will need to be factored in too. No pain no gain. But the yield is good. That is just factoring it is rented 15 days a month. On low season rental price.
 
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mummy1234

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spiritGate said:
I saw got one condo at geylang the #1 geylang or something good or not ar

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You can check out how much it is rented out for actually. There is a URA website where all transactions rental or sale info is available for all condo and private housing. My hubby attended the Property Agent course and learnt about it.

If you wanna buy private property, can also find out how much similar neighbouring units are sold for....wish we knew about it before we bought our private property...
 
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spiritGate

spiritGate

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mummy1234 said:
You can check out how much it is rented out for actually. There is a URA website where all transactions rental or sale info is available for all condo and private housing. My hubby attended the Property Agent course and learnt about it.

If you wanna buy private property, can also find out how much similar neighbouring units are sold for....wish we knew about it before we bought our private property...
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Thanks for the tips. I saw this property on property guru, 2 bedroom less than 600k and is freehold. But is at geylang, got brothel amd such de dun think my wife will like it

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mummy1234

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spiritGate said:
Thanks for the tips. I saw this property on property guru, 2 bedroom less than 600k and is freehold. But is at geylang, got brothel amd such de dun think my wife will like it

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Mine also at Geylang area but with a more respectable Sims Ave as the address. 2 bedder at less than 600k is a good deal...it is easy to find tenants in Geylang...
 
Genosis

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GoldenBargain said:
It's gonna be a bit of work. For that yield, we are renting it as a holiday house rental. So posting in Airbnb etc. wear and tear will need to be factored in too. No pain no gain. But the yield is good. That is just factoring it is rented 15 days a month. On low season rental price.
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This is a viable business idea. :s12:
 
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mummy1234

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spiritGate said:
Nope for now, after i buy my first property then will have to pay. Just to check if this condo is good cause too cheap leh

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Saw the PropertyGuru ads...they are all loft units with only 1 proper bedroom...560sq ft only, too small for 2 bedder. Around S$600k. I think is too small as it has 2 storeys ie loft, prob not selling well..
 
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