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Thread: Foresque Residences

  1. Default

    Quote Originally Posted by devilplate
    ok so tats ur definition

    den if ppl now cant afford big units.....in future largi worse rite? so wats the advantage of buying big units now?
    thats where our strategies differ ...

    many go for 2-3 units of mm ...and wait for TOP ...move in to one ..rent out the rest etc etc ..

    i go for 1-2 BIG older units ..spend a bit on reno .. move it straight away ..enjoy the space .. rent out one ..

    i believe someone mentioned before ..
    a 3 bedder 800 sqft new project ..asking 4-5k rental
    a 3 bedder 1281 sqft old project ..renovated .. 5-6k rental

    an expat couple ..or an expat couple with 1 kid ..
    will have housing allowance of about 5-7k .. which would he take ?

    it may take the older bigger 3bedder 2mths to find a tenant ..
    but i am pretty sure it will take longer for the new small 3 bedder

    every 1 mth lost is ave 5 k loss ...

  2. Default

    Quote Originally Posted by proud owner
    thats where our strategies differ ...

    many go for 2-3 units of mm ...and wait for TOP ...move in to one ..rent out the rest etc etc ..

    i go for 1-2 BIG older units ..spend a bit on reno .. move it straight away ..enjoy the space .. rent out one ..

    i believe someone mentioned before ..
    a 3 bedder 800 sqft new project ..asking 4-5k rental
    a 3 bedder 1281 sqft old project ..renovated .. 5-6k rental

    an expat couple ..or an expat couple with 1 kid ..
    will have housing allowance of about 5-7k .. which would he take ?

    it may take the older bigger 3bedder 2mths to find a tenant ..
    but i am pretty sure it will take longer for the new small 3 bedder

    every 1 mth lost is ave 5 k loss ...
    ur stats highly flawed...

    big units at current pricing now....their yield r much lesser

    and u havent asnwer me: u say ppl cant afford big units now....den u nxt time sell to who?

  3. Default

    those who got deep pockets and dun depend on rental to sustain....can afford to leave it vacant for few yrs....pls buy big big FH units.....can wait for enbloc....

    those who nid rental income to sustain....pls ask proudowner how to do it for big units

  4. Default

    Quote Originally Posted by devilplate
    ur stats highly flawed...

    big units at current pricing now....their yield r much lesser

    and u havent asnwer me: u say ppl cant afford big units now....den u nxt time sell to who?

    hhmm how is it flawed ..

    i am comparing 3 bedroom agst 3 bedroom

    yes becos the purchased price is higher due to the unit being bigger .. but becos its an older project .. the psf is lower than the new , mm 3 bedder ..

    but it can be rented faster between the 2



    next time sell to who ?
    sell to all those who bought mm now ..to those who bought a 3 bedroom 800 sqft now ...to UPGRADE to a 1281 sqft 3 bedder ...when their family size grows ..they will need the space ..

    and by which time ... your the 3 bedroom due to its 'gigantic size' will be really rare ...

  5. Default

    Quote Originally Posted by devilplate
    those who got deep pockets and dun depend on rental to sustain....can afford to leave it vacant for few yrs....pls buy big big FH units.....can wait for enbloc....

    those who nid rental income to sustain....pls ask proudowner how to do it for big units
    thats why i said our strategies differs


    you can go for 2-3 unit of mm units

    while i go for 1-2 units of big units ..and old projects ..

  6. Default

    Quote Originally Posted by proud owner
    hhmm how is it flawed ..

    i am comparing 3 bedroom agst 3 bedroom

    yes becos the purchased price is higher due to the unit being bigger .. but becos its an older project .. the psf is lower than the new , mm 3 bedder ..

    but it can be rented faster between the 2



    next time sell to who ?
    sell to all those who bought mm now ..to those who bought a 3 bedroom 800 sqft now ...to UPGRADE to a 1281 sqft 3 bedder ...when their family size grows ..they will need the space ..

    and by which time ... your the 3 bedroom due to its 'gigantic size' will be really rare ...
    mabe u pick a project n example and we work out the yield? how abt tat?

    ur figures merely pluck from air

    ur big units will appreciate too....if they cant afford to buy it now....how to afford to upgrade n buy from u nxt time? unless their mm units appreciate and ur big units stays stagnant?

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