For good rental income, it is important to find one near MRT station, or good schools, or vast amount of amenities. 1-bedder and 2-bedders are usually the easiest to rent out.
I have one unit at the Alexis (at Alexandra). 5 mins walk to Q'town MRT. Freehold. 409 sqft, 1 bedroom. Opposite Ikea and Anchorpoint. Less than 10 mins drive to Orchard.
Asking price is now $695k ($1699 psf). Last transacted prices for a 1-bedder in Alexis had hit $1762 psf in July. The other 1-bedder units are between $1720+ psf to $1750+ psf in Aug and July. So my unit is below market price, for now.
Collecting keys in December so prices might go up again.
Call me for a discussion. No obligations to buy anything. :)
Jonathan Pan
CBRE
96882200
jonathan.pan-sp@cbre.com.sg
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