+HSBC, grd floor, 2units.

How much psf??? It seems like increased a lot!!!

Shaftsbury Square shophouses r ready. Anyone interested to rent a unit? Pls pm me for details.

Tq

Sori boss, studio hav to go to dev. Tis shop unit is my own investment. Sori tat I can sell u any studio cos I'm not an agent.

But if u r interested in this shop unit, kindly pm me.

Thanks

Heard fr dev should get vp by sept. Dunno how true. Beta refer to SPA date.

Boss, thanks for inviting

Started as contractor. Had many portfolio in cj. Now turned dev.

Oh I din realize of tis. Gd fb page. At least they r doin sthg to promote.

Boss, I'm not any sifu here. I like blow water nia. Dun take my words serious ya.

1. Yes I ll buy a -ve cash flow prop. In fact just gotten a subsale last yr with -ve of 10%. I bot bcos I like it. And I ll keep for very long b4 I decide whether to sell. Btw I usually take up MOF 80%.

2. Yes, not onli old shop. In fact I did buy a factory which aged 30yrs but it gav me +ve cash flow and appreciated 3x the ori price. Still keeping it and now tenanted to 1 of the biggest xxxxx supplier which has connection to AK.

3. Yes. Most of the time I ll spare half the loan amount in a tin milo. So my waiting time is not a big concern. And shaftsbury waited 14 mths b4 signing off TA. With free rental of 2 mths and a mth agent fee, all together 17 mths.

4. No. Not at all. LH props has gd choices too. Refer to No. 1, the prop bot is LH.

5. Usually at 20-25yrs at BLR-2.2. My latest signed LO is 30 yrs at BLR-2.4. The Prop I bot last yr gotten 20 yrs at BLR-2.45.

6. Dare not advise. Just sharing. Buy within ur capability. Buy props tat onli fit into ur desired portfolio. Dun follow ur daddy mommy sisters brothers frens or any guru or agents. Just buy wat u think its rite. Of cos do some survey la. Kenot hit blindly. Otherwise vely jailat if really got stuck.

U should try commi if u r really interested. Dun listen to me onli. As I said, I blow water nia. Go drive around and monitor places u r targeting. Observe the biz activities b4 deciding. No need to b hurry in making decision. However, when u find 1, with the gd pricing, and u think its the rite 1, then no need to wait. Life is short. U ll nvr fail urself if u plan well.

Gd luck dude.

Pls do share if u get 1. Tq

I think both oso commercial term. Dev doesnt hav any wrong doin here.

Some grd rented out at 8k 1st 4k. Those prices was a yr ago. Not sure wat rental now.

Boss I'm not in town. And I din get the notice. But I ll send in appeal too even without docs. Pls assist to provide me the email or fax number. I ll do it b4 31.12.13. Thanks

Got it boss. Thanks

1.3ksf shop Onli rented at 5k. Maintenance fee 700+. Beta use the shop to convert to small room n rent out with beta roi.

Boss I Tok kok nia. More kok fr me now.

My above suggestion to convert shop unit of 1.3+ksf I to 400+ sf can onli maybe get 3 units. One must not forget the cost to convert. Simple partitions and fitting might cost bout 80k for all 3. No toilet tim. Another 20k should b enuf hor for 3 toilets provided dev permitted it.

A 1.3+ksf shop bot at ori price 1m, bout there la for upper flr unit, grd more expensive, with the additional cost 'll b 1.1m. If can rent out 2k x 3 units the roi easily beats the current rental for shop or some call it retail unit.

One thg I dunno is how much is a 400+sf of those studio cost har??? If cost onli 200-300k ori price then the return is awesome liao. Anw kenot compare wan la. As usual my kok theory self kantoi liao.

Honestly speaking, shaftsbury footfalls r not matured yet. Many commi owners stil suffering. Not all but many. Some even encountered slow rental payment fr tenants reason being biz not so gd. Hearsay nia. No data ya.

And pls dun trust me. I repeat, I Tok kok nia. No hard feeling ya to shaftsbury owners. Fyi I'm an owner too.

This post has been edited by ManutdGiggs: Feb 2 2015, 11:55 PM

Boss I'm close to the boss and I know he Onli hold few la. 90% sold To his comrades. Those unsold ones r not gd units. Not bcos he wanna keep.

Heard the demand of studio is strong here

Not sure boss. They offered me but din listen cos not interested

Errrrrrrr SQ oledi vped few yrs wo 😅😅😅

Still tok bout loan rejection???