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Hi Rachel, yes your strategy works too and rental yield at East Coast area is between 3 to 4%. And for the selling price of 1.8m about 5 years later, that would also depend much on the valuation of the property too which no one can predict. Seaside Residence happen to be one of my company projects and pls feel free to let me know if you need any price list or floorplan. Have a good weekend.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Rachel,

I presume you are looking at 3 bedroom units at Seaside?
Based on comparable sized rental contracts done at Fernwood Towers and Mandarin Gardens, it seems like 2.7k-3k should be attainable given Seaside will be the newest project in the locality and D15 is quite popular with expat tenants. Gross yields should yield around 2% +/- as what you intended. I believe we all agree that capital appreciation is not a given. However, being the newest project in the locality helps and with the upcoming Siglap station of TEL, the chances are better. You are only looking specifically at this district/locality, and this is purely for investment and not own stay?

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi Rachel,

The time horizon on your investment plan seems feasible and realistic, barring any government intervention on the market as well as major economical crisis coming along to disrupt the market.

Nevertheless, I am just curious why are you looking into Seaside Residences? Any other projects also falling into considerations?

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Regards,

Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
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Hi Rachel, do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Hi Rachel,

Thank you for your for query!
You have truly thought this through and with ur projection, your timeline may very well be realistic. However ,for investment purposes , we always need to chart out financial calculations and price analysis of projects to validate. Seaside is being marketed by my company and I have a complete inventory of available units with pricing / facing / elevation.

For investment , of course location plays a huge part in consideration. But above and beyond we cannot negate the other factors - the amenities (distance to amenities), accessibility (how well connected the development is to town/ MRT etc), rentability (depending on development and unit itself) etc. The real returns of your investment solely depends on the quantum you're investing and your investment objectives (projection in mind).

To be able to guide you , I would require more details on your end , to understand your investment objectives ( capital appreciation and rental yield in mind) as well as churn out a financial report after some calculations. Based on this, I would narrow down what exactly you could focus.At the end of the day your objective is to make money and we are here to advise. Furthermore , I have a complete reel of data that is able to show complete price transaction caveats of each and every development in Singapore as well as projected returns and capital appreciation and this has helped many of my clients in managing and growing their portfolio .

Let's discuss further so that I can propose not just projects but also exact unit layouts which will be highly sought after by investors and tenants likewise. That will be a triumphant to your investment. Furthermore, I will take the opportunity to chart out the sales report & projected returns, offering market insights for your consideration.

Visit my website for my recent accolades and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
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Hi Rachel

Thanks for your question.
I keep this short here.

I see you are looking for investment home for passive income + good capital gains in near term.

Need to point out quickly:
1) 2% rental yield isn't attractive
2) capital gain is closely linked to location location location - have you heard of a clear winner property with psf below the nearby enbloc ppr?
3) do you know there are TIME SENSITIVE factors right now that would favour buyers to act quickly?

Pls do call me at 87782000  , time is precious, and other than rental and capital gains, there are quite a few other factors why you should move in fast.

Regards
Esther
 87782000  Read More

Hi Rachel,

On paper it looks realistic.

Seaside Residences will not TOP before 2020.
Meaning, your purchase will not yield any income between NOW and Then. in Fact, it will be a NEGATIVE YIELD.

Assuming you make the purchase upon TOP (say in year 2020), so that you can lease it out immediately (if you are lucky enough to find a tenant).
Will you still be able to buy one at 1.6mil?
By which time, which is 2 years from now, and you need to hold for 3 yrs to avoid paying SSD, all in all, 5 years.

Are you 100 pct certain that this Up trend will continue into 2023 and beyond?

Due to the fact that the project you have in mind is still under construction, your scheme can be very risky.

Perhaps you should consider another project, one that has already TOP, or completed projects.

Do get in touch with me so that i can share more with you.

Steven Wang
ORANGETEE & TIE
khim.wang28@gmail.com
 91695023  (WHATSAPP for quicker response) Read More

Hi Rachel,

1. 2% yield is a conservative estimation as District 15 appeals to a lot of expat tenants as they love staying near the beach. Therefore, I think 2% is definitely attainable as the project when completed will be the newest project with the most beautiful facilities.

2. Your target of 1.8 mil to 2 mil is a realistic target as the nearby bayshore district is developing and very soon the land parcels there will be put on sale. Looking at the price trend of the Government Land Sales program, prices will continue to go up especially prime land parcels which are sea facing. Older nearby projects such as Mandarin Gardens are also attempting enbloc. If the enbloc is successful, the new development that is going to be launched will defintely be at a much higher price as compared to seaside residence.

Please feel free to contact me so that I can understand your objectives better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

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Hi Ms Rachel

Please contact me at 96608508  or Silviayang8@gmail.com for non obligation disussion
Thank you.

Warmest regards,

Silvia Yang
Propnex Realty Pte Ltd
 (65) 96608508  Read More

We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Read More