09-02-2013, 08:38 PM
(09-02-2013, 07:53 PM)Temperament Wrote:(09-02-2013, 05:44 PM)lavue Wrote: The yields depends on property types. Shoebox apartments can command higher yields, at about 4.5-5%, but it is only because these assets are more risky. Typical suburban condominiums within walking distance of MRT can fetch yields of about 3.5-4%, but these assets can be considered to less risky, especially if your tenant is an expat with a rooted family here (i.e. wife working part time in ngo, kids attending international schools).
Hi lavue,
i am going to own a shoebox soon for the 1st time. Can you elaborate a little why Shoebox is more risky therefore higher rental yield? And it's within walking distance to MRT. The worst case i may sell it. It's in the money now though my original purpose is for rental income as we are retirees.
Thanks.
How small is the size?
