Asked by Felice
Hi,
We were planning to buy a 1/2-BR unit in the Lumiere when it was launched in early 2006. But, we were short on funds then. I understand it's TOP-ed or going to TOP. We're thinking of taking a 2nd look at it again for investment.
Questions we have are:
a) Is it a worthwhile investment over the next 18-24 months or should we wait for prices to drop before we get in?
b) Have units been successfully tenanted out in Lumiere if TOP has been issued? If so, what are the rental yields and the type of crowd renting out these SOHO-style apartments?
c) I understand rentals in Marina Bay Res are not too good. How will Lumiere, Clift & One Shenton do in comparison?
Cheers, Felice
We were planning to buy a 1/2-BR unit in the Lumiere when it was launched in early 2006. But, we were short on funds then. I understand it's TOP-ed or going to TOP. We're thinking of taking a 2nd look at it again for investment.
Questions we have are:
a) Is it a worthwhile investment over the next 18-24 months or should we wait for prices to drop before we get in?
b) Have units been successfully tenanted out in Lumiere if TOP has been issued? If so, what are the rental yields and the type of crowd renting out these SOHO-style apartments?
c) I understand rentals in Marina Bay Res are not too good. How will Lumiere, Clift & One Shenton do in comparison?
Cheers, Felice
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