Good Day Mr. Lee,
Thank you very much for your detailed query and requirements, they certainly allow us to better assist and shortlist more suitable units for your consideration.
I would highly recommend this rarely available 3BR + 2 Baths 829sf Belysa (EC) for the following reasons:
1. It is located short walking distance away from Pasir Ris MRT, White Sands Mall and Elias Mall with various amenities convenient for you and your tenants
2. Belysa newly reached 5-years from TOP with owners’ MOP fulfilled, hence unit is well taken care, feel almost new with affordable asking price of $850k within your price range yet negotiable.
*This property is eligible for Singapore Citizen and PRs only. It requires another 5-years to be fully privatized for foreigners to be eligible and may enjoy another round of capital appreciation then.
3. There are extra 2 spacious bedrooms that fit queen bed for you to rent out instead of 1 if it was a 2-Bedroom unit and allow you to fetch higher rent monthly
4. Huge tenant pool including airline crew and staff working in Changi Airport, white collar executives from Changi Business Park and many more including those working in neighbouring Tampines.
There are certainly various choices out there for your consideration but this is a better one available in the market at the moment in terms of higher rental returns with the extra spacious bedroom and good tenant pool. I gladly arrange viewing for a few other similar units for your comparison. Ultimately, the final decision will be yours.
For your quick reference, $850k private property would require the following cash flow if you are Singapore Citizen below 35 yo, and more if you are PR and older:
Total Cash/CPF $232,600 of which 5% or $42,500 must be un cash, remaining a combination of Cash and/or CPF
Est. Minimum Monthly Salary to qualify for 75% home loan without outstanding debt: $4,800
Est. Monthly Mortgage Payment at 2.5% Interest pa: $2,600
Est. Monthly Mortgage Payment at 3.5% Interest pa: $2,900
I hope you would allow me to assist you in this journey to find your ideal home for own stay and investment As we do not get prompted when you respond here, kindly contact me directly @ 82250212 should you require a more detailed no obligation assessment and consultation.
Look forward to hearing from you soon. Thank you and have a pleasant week ahead.
Karrien N. Chan
CEA Reg. No.: R052532H
Call/SMS/WhatsApp @ +65 82250212
PropNex Realty Pte Ltd
Service You Trust
CEA Licence No.: L3008022J
Project In-Charge for following New Condo Launches
D20 JadeScape | D18 The Tapestry | D17 The Jovell
Past Involvement as Developer Appointed Marketing Team for following Fully Sold Projects:
D19 The Vales | D19 The Amore | D18 Sea Horizon
D19 High Park Residences | D18 The Santorini | D15 70 St. Patrick's | D15 Flamingo Valley | D14 Sims Urban Oasis | D9 Sophia Hills