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I bought a studio apartment in Geylang area with flr area 410sqf and will TOP in 1 yrs time, would like to know the estimated rental return? and any agent could help me to rent out?

If in future I would like to invest in another private properties, wht is the best option in term of rental yield for 1 bedder, 2 bedder or 3 bedder?
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4 Answers

Sheryn Tan
Replied
Hi Ms Lee,
I can assist you to rent it out, firstly I will do an analysis of rental in nearby project and establish current market condition for this area, then of course depending on whether it is fully furnished, facilities and amenities, we get the rental price.
Do call me at 91859011  for a further discussion
Sheryn Read More
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  • LT
    Replied
    Thanks. Will keep in touch with you when TOP.
Catherine PANG
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Geryl Lim
Replied
Hi Lee,

Current market conditions, you should be able to command $2500 pretty easily.

As for future investments, I have always favoured a 2 bedroom unit with an utility or study. Just about the right size to suit most families with 1-2 kids.

Regards,
Geryl LIM
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Radhika Prakash
Replied
Mr Lee,

As the TOP is next year, the rentals would certainly be different from the current rentals. The yield is around 4% and above in Geylang as the Principal is low ( as compared to other areas).

In the current scenario for my Investor Clients who are looking at good rental yield i am picking up units with 4% gross yield. In a worse scenario this can atleast remain anywhere between 3.5 to 4%

Yes there are other locations too where we can source good units.

Regards,

Radhika Prakash - Global Realtor
DTZ Debenham Tie Leung
 93380071  Read More
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  • LT
    Replied
    hi Radhika,
    Do you have latest info for the rental transaction for studio unit in Geylang? I am following up since your last email. Thanks.

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