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Hi,
I am looking to buy a condo for investment. Normally the higher floor it is, the more it cost.
1. I noted 4th floor is priced higher than 14th in a new launch I visited recently. I'm little puzzled.

2. For rental purpose, should I be very concern with a lower floor?
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8 Answers

Hi,

Could there be certain attributes that allow the 4th floor unit to stand out? Slightly bigger floor size or less units on that floor or easier access to facilities?

Not necessarily, there are tenant groups who prefer lower floors as well, perhaps they have pets or have a general concern about high rise living. When getting lower floors, more important is to avoid unit facing where factors that could impact the lifestyle, such as busy road noise or rubbish disposal area.

If its convenient perhaps I could have more info so to share some of my inputs. I have assisted similar clients at this phase of purchase and went on to help them rent out after TOP. If you are looking to work with an agent long term, happy to discuss further.

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.

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Ivan Ng ERA ASAP
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Hi,

I believe it's more of the attributes (facing / size etc) that plays a huge part in optimising your tenant pool. Have you had someone to guide you through the different unit types - pros and cons / potential yield to help firm a decision? Do let me know if you need some data / sales report to help understand this situation.

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

D Kumar
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Good evening!

Could you Whatsapp me which New Launch project this was and I'll check on the price discrepancy.

As for the floor, there will be tenants who prefer low floor and those who prefer high floor. Depending on which project it is and the facing, the floor can affect rental by a bit.

Do reach out to me so I can explain to you more in detail. I look forward to assisting you!

Bhavina Kaur
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 +65 9170 8295 
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Hi Sir/Madam

Please contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a for non obligation discussion.
No agent fee from buyer for private property purchase
Thank you.

Warmest regards,

Silvia Yogisaputra (Silvia Yang)

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
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Why would you consider a new launch for investment give that rental returns will only commence in a few years? There are units with immediate rental returns for considerations too and I happen to have a relatively new condo in the east where gross rental yield is above 3% for the next 2 years.

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Regards,

Geryl LIM
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Robbie Chen Chee Howe
Hi,

There must be a reason why the level 4 unit is higher price than the 14th floor unit.

Some of the possible reasons may include (not limiting to),
- facing (west sun, blocked vs unblocked views)
- size
- layout

It would be good if you can study the MasterPlan first before jumping into a purchase.

Alternatively, if you're looking for immediate rental yield of above 3%, Freehold, in District 11, and yet priced much cheaper than many new launches in RCR districts, do contact me for further information.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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