I'm thinking of buying a 1 room apartment for rental investment. Recently, I viewed Mackenzie and Parc Sophia.
I'm quite impressed by the location but I'm worried that a 1 room apartment might be difficult to sell in future. Are my worries unfounded?
Posted by Chris Lau on Aug 18, 2008 in Investing in Singapore | 2095 Views
Latest Answers by Real Estate Professionals (3 Answers)
Answer Posted on Aug 20, 2008
Hi Chris,
no worries on selling the 1 bedroom unit in the future. As long as your unit is located ideally, there is no way any buyer will resist the temptation to buy your unit, unless u priced it sky high.
If you wishes to purchase a unit at Mackenzie 88, I have a 1+study unit for sale. Do visit my listings for more info.
Regards,
Vanz ERA
no worries on selling the 1 bedroom unit in the future. As long as your unit is located ideally, there is no way any buyer will resist the temptation to buy your unit, unless u priced it sky high.
If you wishes to purchase a unit at Mackenzie 88, I have a 1+study unit for sale. Do visit my listings for more info.
Regards,
Vanz ERA
Answer Posted on Aug 28, 2008
Hi...east coast area is a good location for good investment,..here i would like to take this opportunity to invite to this lovely unit that i have...more and more expats now have been touching down to singapore..and guess what,they need a place to rent which is more closer to the location of their work..almost all of them are working in the cbd area.a unit in Bayshore might be just perfect for them especially for those beach lovers..a newly renovated unit,high floor with a pool and city view wlll be just the right ingredients after a hard day of work.just a perfect ambience in a nice and cosy 2 bedroom apartment...this unit i mention is closing soon,..not to be missed for a viewing to make the right decision,u might one to consider for a 2 bedroom which i believe more couples or maybe more than a person can pay a better rental...do give me a call..thanks
sani propnex
90680464
sani propnex
90680464
Answer Posted on Aug 19, 2008
Hi Chris,
NO need to worry about studio/1 bdrm units are difficult to sell. In fact, its the other way! Nowadays for new projects, they are selling very well compare to the other types. Studio/1bdrm units in district 9/10/11 commands quite high rental yield nowadays.
Just let me know should u need more info/rental yields.
Tks,
Kelvin
81891589
kel_0505@hotmail.com
http://www.kelvin.myweb.sg
NO need to worry about studio/1 bdrm units are difficult to sell. In fact, its the other way! Nowadays for new projects, they are selling very well compare to the other types. Studio/1bdrm units in district 9/10/11 commands quite high rental yield nowadays.
Just let me know should u need more info/rental yields.
Tks,
Kelvin
81891589
kel_0505@hotmail.com
http://www.kelvin.myweb.sg
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Hi Kelvin, thanks for your reply. But as years go by, do my property, which is a 1 rm apartment able to command a higher resale value than what i'm paying for it now?