Hi,
The data for the freehold at Flora are such:
(1) The Gale: rental yield is 3.1%, indicative rental is $1.7~3.1 psf/month
(2) Edelweiss Park Condo: rental yield is 3.3%, indicative rental is $1.2~3.2 psf/month
The data for the leasehold at Flora are such:
(1) Palm Isles: rental yield is 3.2%, indicative rental is $2.0~3.5 psf/month
(2) Hedges Park Condo: rental yield is 3.5%, indicative rental is $1.9~4.1 psf/month
The data for the leasehold at Pasir Ris are such:
(1) Coco Palms: Uncompleted
(2) D'Nest: rental yield is 3.5%, indicative rental is $2.3~4.3 psf/month
Above are the available data for your consideration.
As you may already deduce there aren't any siginificant differences between leasehold & freehold in investment potential.
Their ROI also shows a heathly returns, above 3%.
As for location wise, Pasir Ris do has advantages of amenities and public transportation such as Whitesand Mall, Bus interchange and MRT station are all within walking distance.
If purly talking on rental return, Pasir Ris project will has a better return compare to Flora drive project.
There are also other considering factors before making purchase decision:
(1) own stay, it is the environment that makes the difference.
(2) Budget, which project pricing is within the comfort zone.
(3) What is the duration of your planning, 5/10/15/20yrs is the time to ripe the capital appreciation.
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
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