Asked by Clueless
Dear Gurus, why is it that hdb yield is so much better as compared to condo? For example, a $700k 2 bed room condo in Clementi can fetch a rental of about $2500 to $3000. A comparable 3 room hdb flat in Clementi can fetch about 1.8k to 2k. Is it because only the locals and PRs are eligible to buy hdb, and hence it some how make the yields more attractive? Having said that, wouldn't hdb flats proved a better rental returns on investments (for locals and PRs) except the fact that there is little room for capital appreciation?
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