Rare Freehold 2 bedder dual key for sale in the whole Singapore market!



Potentially collecting 2 units of 1 bedder rentals (2k +2k) = $4k



Pay maintainence fee of $306



So literally its a low fee of $153 for a 1 bedder



One Investment, enjoy 2 streams of rental income,



Pay 1 stamp duty, no additional buyer stamp duty for the 2nd 1 bedder unit. Its like owning a 2 proper one bedder units with a total size of 850sqft so its like 400 plus sqft each side.



Within 1 km to Kong Hwa School renowned primary school!



Near to dakota n aljunied mrt!



A short drive away to kallang leisure Park, paya lebar square n sing post, Kinex Mall, 112 katong n parkway parade. 



Many local eateries around the area, walk to old airport market. Near to NTUC n sheng siong market!



have reasonable size pool n gym on the 2nd level



Sufficient surface parking lots



good mix of tenants in this building, many expats! European singles and couples. 



Do not miss this one of a kind dual key unit, especially if you are looking for rental yield. This is freehold, you can rent forever and pass down this ideal rental yield property to the next generation! You hardly can find any condos that can get 3 + to 4 % yield nowadays and based on $1.25mil, You can cover the mortgage bank loan ($3608) (Assuming 2.3% interest, 30 years tenure, 75 % Bank loan) + maintainence ($306), Total adds up to $3914, with the rental of $4k, you can offset the bank loan n maintainence fees without topping up extra cash. 



Selling price n rental comparison with same lorong freehold new launch -



33 residences - Sold out! Total 27 units transacting at 2 bedder 700sqft highest psf - $1695psf, $1.186mil, lowest psf transacted is $1498 for the only 3 bedder 1033sqft, $1,548 mil.



Average psf - $1600 



Future rental prices -

2 bedder - $2.5- $2.8k

3 bedder - $3k - $3.3k



Suites 28 - $4k rental S1470psf $1.25mil



I think it makes sense to buy a healthy cash flow dual key unit in Suites 28.



Contact Lucas Chen 91051360 to view now!

Rare Freehold 2 bedder dual key for sale in the whole Singapore market!



Potentially collecting 2 units of 1 bedder rentals (2k +2k) = $4k



Pay maintainence fee of $306



So literally its a low fee of $153 for a 1 bedder



One Investment, enjoy 2 streams of rental income,



Pay 1 stamp duty, no additional buyer stamp duty for the 2nd 1 bedder unit. Its like owning a 2 proper one bedder units with a total size of 850sqft so its like 400 plus sqft each side.



Within 1 km to Kong Hwa School renowned primary school!



Near to dakota n aljunied mrt!



A short drive away to kallang leisure Park, paya lebar square n sing post, Kinex Mall, 112 katong n parkway parade. 



Many local eateries around the area, walk to old airport market. Near to NTUC n sheng siong market!



have reasonable size pool n gym on the 2nd level



Sufficient surface parking lots



good mix of tenants in this building, many expats! European singles and couples. 



Do not miss this one of a kind dual key unit, especially if you are looking for rental yield. This is freehold, you can rent forever and pass down this ideal rental yield property to the next generation! You hardly can find any condos that can get 3 + to 4 % yield nowadays and based on $1.25mil, You can cover the mortgage bank loan ($3608) (Assuming 2.3% interest, 30 years tenure, 75 % Bank loan) + maintainence ($306), Total adds up to $3914, with the rental of $4k, you can offset the bank loan n maintainence fees without topping up extra cash. 



Selling price n rental comparison with same lorong freehold new launch -



33 residences - Sold out! Total 27 units transacting at 2 bedder 700sqft highest psf - $1695psf, $1.186mil, lowest psf transacted is $1498 for the only 3 bedder 1033sqft, $1,548 mil.



Average psf - $1600 



Future rental prices -

2 bedder - $2.5- $2.8k

3 bedder - $3k - $3.3k



Suites 28 - $4k rental S1470psf $1.25mil



I think it makes sense to buy a healthy cash flow dual key unit in Suites 28.



Contact Lucas Chen 91051360 to view now!