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I understand Sophia hills has a leasable area of 20,000 sq feet owned by MCST and rental income goes towards sinking fund.

Does the current maintenance fee account for the rental income and how much value ($ or $psf) can I put on this since sophia hills ownership is indirectly owning (via MCST) this retail space?
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4 Answers

Hi Mr. Tan,

To my best understanding, the current maintenance fee is still a best guess estimate based on the share value and after factoring in their estimated rental income from the 3rd party lessees. The lessees have not been confirmed and it will only be so closer to TOP (expected early next year). I would think the maintenance fees amount quoted won't be too far from actual. May I know which unit type you are looking at?

Its difficult to ascertain a "psf value" this way for these component and how it affects your purchased price as its after all benefitting the entire development and its owners. I have transacted at Sophia Hills and will be glad to share more on the attributes of this project and why its an awesome buy in district 9. Latest availability and star buys availability on request :)

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
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Hi Mr Tan, this project called Sophia Hill happen to be one of my company projects and I be most glad to assist you further should you have more question regarding it.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi Mr Tan,

In my opinion, even though it's good to have rental income from the lease to support the sinking fund, you should not based your decision on this alone.

In terms of psf value, it is really subjective. The developer will probably have it in mind when they price the property for sale.

May I ask if you're buying this for your own stay? Or is it for investment purpose?

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi
for property matters
Please whatsapp 8 2 7 9 - 8 3 2 7 to disccuess further

Koh zhen hon
R057810C / L3009250K
ORANGETEE & TIE PTE LTD Read More
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