Asked by Anonymous
Is Goldpine Industrial at Joo Seng good to invest for rental income?
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2 Answers
Hi,
Whether or not it is a good investment for rental, largely depends on your expectations and objectives.
Gold Pine Industrial Building is a Freehold industrial property, with the implied rental yield of approx 3.48%, based on Squarefoot Research.
I wouldn't say 3.48% is a good rental yield, because there are other properties that can fetch more than 6% yield in today's market. However, the fact that Gold Pine is a Freehold property attracts many investors. So ultimately, it depends on your objectives for investment.
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
Whether or not it is a good investment for rental, largely depends on your expectations and objectives.
Gold Pine Industrial Building is a Freehold industrial property, with the implied rental yield of approx 3.48%, based on Squarefoot Research.
I wouldn't say 3.48% is a good rental yield, because there are other properties that can fetch more than 6% yield in today's market. However, the fact that Gold Pine is a Freehold property attracts many investors. So ultimately, it depends on your objectives for investment.
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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