Is OUG D/S house good for investment? i heard banker and agent says the valuation has gone up to 950k for basic D/S terrace house in Taman OUG. What is your opinion?
Investment THE LEGACY OUG, Luxury Living in Overseas Union Garden
Investment THE LEGACY OUG, Luxury Living in Overseas Union Garden
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Dec 10 2014, 01:12 AM
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106 posts Joined: Dec 2006 From: KL |
Is OUG D/S house good for investment? i heard banker and agent says the valuation has gone up to 950k for basic D/S terrace house in Taman OUG. What is your opinion?
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Dec 10 2014, 10:44 AM
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#2
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106 posts Joined: Dec 2006 From: KL |
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Dec 10 2014, 10:49 AM
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#3
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106 posts Joined: Dec 2006 From: KL |
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Dec 11 2014, 10:47 PM
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106 posts Joined: Dec 2006 From: KL |
QUOTE(myproblem @ Dec 10 2014, 11:31 AM) Any Double/Tripple storey houses are worth investing. Personally, i predict in very near future, maintenance fee will shoot up to 80 cents per unit. Thank you for your comment. As such it is better to invest the old landed Freehold houses around OUG area instead of looking for condo around that area for future huge capital gain.If u are staying in a condo unit say 1,000 sq feet, be prepared to pay $800/month. For bigger and older units, $1,000/month will definitely happened. 6 years ago, i still can find 10 to 15 sens/sq feet for newer condo but lately 40-50cents/sqf is very normal. After the GST, things will become very expensive and be prepared rental may not able to cover up your loan interest. Therefore, for own stayed, landed is the answer. |
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Dec 18 2014, 10:33 PM
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106 posts Joined: Dec 2006 From: KL |
QUOTE(homefinder @ Dec 15 2014, 01:39 AM) Guess buying or investing in to landed property sound good but not for those 800k & above without gated or guarded coz this category normally is most targeted by robber so left those single or those old d/s prop at outer location for us to choose only. Don't forget this category of property rental is not attractive & need a lot of repair if for own stay. Hi HomeFinder, agree but perhaps even we not possible to buy g&g free hold landed in this area with the price tag of 900k, minimum atleast 1.xxmil and above. After the WCT Development, and Pavilion 2 have been developed, Strongly believe that those OUG landed freehold D/S house will be appreciated till 2.xxmil minimum.Well after considering all this factor getting a new condo also not bad lah of course this will subject to the pricing, location & the developer for me. |
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Dec 22 2014, 01:06 PM
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#6
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Agreed. I think OUG houses mainly are buy for own stay purposes. Rental yield can't even pay the interest.
This post has been edited by weisun: Dec 22 2014, 01:07 PM |
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Jan 12 2015, 05:48 PM
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#7
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Any new updates on this project? kyan :) liked this post
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