Asked by Anonymous
Hi
I have about 300K cash and 200K CPF. Looking to buy a 1 bedroom or studio at city fringe around Balestier to collect rents. Budget up to 800K. The rental should be around 1600-1800 monthly to cover the mortgage. I do not wish to top up from my salary to pay the mortgage or just top up very little monthly. Many projects nowadays are of low yield and need to top up close to 1k monthly to cover the mortgage. No geylang projects preferred. Please recommend me high rental yield projects in Balestier near to amenities.
I have about 300K cash and 200K CPF. Looking to buy a 1 bedroom or studio at city fringe around Balestier to collect rents. Budget up to 800K. The rental should be around 1600-1800 monthly to cover the mortgage. I do not wish to top up from my salary to pay the mortgage or just top up very little monthly. Many projects nowadays are of low yield and need to top up close to 1k monthly to cover the mortgage. No geylang projects preferred. Please recommend me high rental yield projects in Balestier near to amenities.
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