Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Condo / Apartment, where is a nice location now?

views
     
zenix
post Feb 23 2009, 01:36 AM

Pirate Captain
*******
Senior Member
6,249 posts

Joined: Jul 2006
QUOTE(Pai @ May 12 2008, 02:17 PM)
Depends on one's perspective. Your r right to point out that there's much, much bigger pool market for 3 bedrooms condo. However, bare in mind that there's much, much, much bigger supply for 3 bedrooms condo as well.

In fact, its easier to dispose studio's due to the following reason :

1. Cheaper entry cost as its smaller comparatively to a 3bedroom unit. Plus TS wanted to use it for their weekend getaway or rent it out, so I think studio fits the bill.

2. Higher rental yield. Using Amcorp and Casa Mutiara as an example, a studio unit (cost 160k) can be rented out for up to 2k, but the 2 bedroom (cost 310k) current rental rate is at 2.8k. Capital gains for studios has generally outperform the 2b or 3b within the same development.

3. Lastly, high rental demand but limited supply. U wont believe how fast I cant rent out my studio's and the returns im getting.
*
but only for prime area's right? unsure.gif
Pai
post Feb 23 2009, 08:30 AM

~ Billionaire in training ~
*******
Senior Member
3,318 posts

Joined: Dec 2004
From: 1Malaysia



QUOTE(zenix @ Feb 23 2009, 01:36 AM)
but only for prime area's right?  unsure.gif
*
Yes it is prime area, but the main criteria here is "connectivity" wink.gif

3 Pages < 1 2 3Top
 

Change to:
| Lo-Fi Version
0.0158sec    0.71    5 queries    GZIP Disabled
Time is now: 18th December 2025 - 07:41 AM