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Hi,
I currently own a 4-rm fully paid and have bought a condo at Dnest. I am thinking of selling my 4-rm hdb and take the lump sum to buy another pte condo at ard the same selling price of ard 450k. The second condo will be for rental. Any advise where can I get a studio or 1-bedder that can earn rental more than the 4-rm hdb after deducting expenses(ie condo monthly maintenance fees)?
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4 Answers

Ivan Ng
Replied
Hi Mr. Lim,

To find a condo around the price of 450K in current market, the chances are slim. Actually, the rental yields for HDB units are usually good for buyers who bought many years back, I am not sure why are you looking to proceed to get another condo. Furthermore, it is fully paid. I would say you are in a comfortable position. Is there an issue with renting out the HDB? Perhaps I can assist further as I'm active in the east side?

Thanks and hope to discuss further and value-add to your housing plans.

Warm Regards,
Ivan Ng
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Email: Ivanng10@gmail.com
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Lynn Ong
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Hi,

I am having the same plans as you but I would recommend for you to keep your HDB and rent out your HDB instead of getting a studio.

I am planning to buy a unit at Coco Palms after my MOP and staying in Coco Palms while renting out the HDB. As mentioned by Ivan, HDB rental yield will be better than Studio / 1BR.

And.. It will be challenging to get a Studio / 1BR at 450k.

Do contact me at 90034385  or lynn.lovelyhomes@gmail.com if you would like to take the conversation further.

Thanks!

Yours Sincerely,
Lynn ONG | BSc. Real Estate
National University of Singapore Read More
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Mike Lim
Replied
Evening John,

Rental yield for studio may not be as attractive as your HDB unit. Do consider the necessary factors upon purchase of your second private property.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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GAN ENG JOO ONASSIS
Replied
Hi Mr Lim,

Re: Studio Property

Studio property fetch around 2K monthly rental, 4RM HDB fetch better yields based on present market.

Look forward your call at 92222389  to discuss further.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
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