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    Property Views

    Scheduled Pinned Locked Moved Money Matters
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    • floppyF Offline
      floppy
      last edited by

      Cloud Cloud:

      ...
      Currently I am renting out the hdb unit. Told hubby we will cash out our condo and move back to the hdb for retirement. I can’t sell the hdb coz the price really sucks. On the other hand, rental yield is great.
      HDB rental yield has been relatively stable so that's unlikely to change any time soon.

      On the other hand, HDB prices are dropping due to a number of factors, such as Singaporeans getting more aware of the expiring-lease issue, and the challenges of using CPF for HDB flats with leases less than 60 years (quite a lot facing this issue in mature estates now as well as the next few years). The good news though, for people looking to buy for stay / retirement now, quite a number of good, affordable options available 😂

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      • EstéemaE Offline
        Estéema
        last edited by

        If HDB attracts good rental, then staying in condo is viable & more desirable. After I've been used to condo living, it'll take abit more adjustment so I'll need to be mentally prepared.


        Currently, we've no wish to move back to our HDB coz still good rental yield & in demand area partly coz we've upkepg well & good furnishings (not expensive but coordinated & appealing. We noticed there were a few new tuition centres opened up & seems popular but very noisy kids when we visit on some weekends. I rmbr also those residents who burn during prayers & funerals & air very polluted & dusty.

        So, when I'm older, I'm not sure I'll be as energetic to do all those cleaning up. Maybe the kids noise 'might' delight me with desires for grandkids. 😂

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        • C Offline
          cherrygal
          last edited by

          Estéema:

          So, when I'm older, I'm not sure I'll be as energetic to do all those cleaning up. Maybe the kids noise 'might' delight me with desires for grandkids. 😂
          Haha... was actually quite interested in the news recently about Admiralty being a neighbourhood retirement centre. The seniors all raved about the nice neighbours and interesting activities. Would be nice if they had more of such centres around the island.

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          • starlight1968sgS Offline
            starlight1968sg
            last edited by

            Cashew Green

            Nearest mrt: cashew
            19 landed 999 yr 4 or 5 bedroom
            4br about 4mil.

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            • zac's mumZ Offline
              zac's mum
              last edited by

              Anybody knows which areas/districts have good rental yield? Especially now that rental market is quite bad.

              1 Reply Last reply Reply Quote 0
              • lee_ylL Offline
                lee_yl
                last edited by

                zac's mum:
                Anybody knows which areas/districts have good rental yield? Especially now that rental market is quite bad.

                https://www.squarefoot.com.sg/market-watch/rental-yield
                To me, Geyland properties always have high rental yield. Investors don’t like to buy there (we all know why) thus, prices are quite cheap. However, rental yield there is good due to its proximity to town.

                Many years ago, we went there to scout to see what investment unit to buy. But in the end, we decided to go for Balestier. Geyland lor 38 onwards not so “crowded”.

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                • MyPillowM Offline
                  MyPillow
                  last edited by

                  Leeyl , same … last time we dun have the courage to buy geylang . There are FH condo around the area .

                  Still no courage now in lorongs

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                  • ChiefKiasuC Offline
                    ChiefKiasu
                    last edited by

                    MyPillow:
                    Leeyl , same ... last time we dun have the courage to buy geylang . There are FH condo around the area .

                    Still no courage now in lorongs
                    Lol. That's why we buy lor... because people don't like the word Geylang. I stay at Lorong 40 if you are interested to visit... :rotflmao:

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                    • MrsKiasuM Offline
                      MrsKiasu
                      last edited by

                      I heard the area is rather clean now..is that right Chief? My friend teased me say if I had bought there then, I would have earned 1m. So Chief, your retirement nest is very healthy now 😂

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                      • lee_ylL Offline
                        lee_yl
                        last edited by

                        Happened to walk pass the Woodleigh Residences showflat just now. Kind of crowded.


                        Read from papers that their soft launch is from $1,873psf for the 99yr project. Wa, expensive leh.

                        This type of integrated development should have no problem getting tenants !!

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