Good afternoon Sir/ Mdm,
are you looking for an investment property? Care to share why did you narrow down to waterfront isle?
Rental yield is pegged to the purchase price you enter at. (1) Same rental but higher purchase price or (2) reduced rental but stagnant purchase price, your rental yield will decline. So which do you think its current market condition is at right now?
Buying a second hand unit means that you might or should have purchased an unit at a higher quantum than most of the owners (some bought during launch mah, what to do right?). Your rental yield confirm pale in comparison to theirs if they are investors. How about capital appreciation?
You wont have a fair ground as most of residents could or should have bought lower than you.
Perhaps we can work out the stats or numbers to see which resale or new project fits your budget the best.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
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Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
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