Yishun: Orchid Park Condo

 

Details

Type: Condominium

District: 27

Built: 1994

Tenure: 99-years (from 1991)

Developer: Goodview Properties (FEO)

Total Units: 615

Unit Sizes: Estimated 980sqft, 1200sqft, 1600sqft

Blocks: 9 (81, 83, 85, 87, 89, 91, 93, 95, 97)

Storeys: 11

Facilities:

• BBQ pits
• Billiards room
• Covered car park
• Clubhouse
• Fitness corner
• Game room
• Gymnasium room
• Playground
• Putting Green
• Sauna
• 24 hours security
• Squash court
• Swimming pool
• Tennis courts
• Wading pool

Distance to Khatib MRT: 0.55KM

Within 1KM:

NTUC Fairprice

Shop N Save

Naval Base Primary School

Peiying Primary School

Yishun Stadium

Lower Seletar Reservoir Park

 

Investment Potential

Current Purchase Price: $639 psf

Current Rental Price: $2.37 psf

Current Gross Yield: 4.45%

[27th Feb 2011]

 

Rental Yields: Projects that can fetch above $5-PSF [Part II] Feb 2011

 

District 9

Parc Emily:

Tenure: Freehold

Rental price – $5.04 psf

Purchase price – $1643 psf

Gross yield – 3.68%

 

Rivergate:

Tenure: Freehold

Rental price – $5.33 psf

Purchase price – $2028 psf

Gross yield – 3.15%

 

Robertson 100:

Tenure: Freehold

Rental price – $5.57 psf

Purchase price – $1601 psf

Gross yield – 4.17%

 

Paterson Residences:

Tenure: Freehold

Rental price – $5.9 psf

Purchase price – $2200 psf

Gross yield – 3.22%

 

The Cosmopolitan:

Tenure: Freehold

Rental price – $5.06 psf

Purchase price – $1984 psf

Gross yield – 3.06%

 

The Imperial:

Tenure: Freehold

Rental price – $5.3 psf

Purchase price – $1885 psf

Gross yield – 3.37%

 

The Pier @ Robertson:

Tenure: Freehold

Rental price – $6.56 psf

Purchase price – $1854 psf

Gross yield – 4.25%

 

Tribeca:

Tenure: Freehold

Rental price – $5.03 psf

Purchase price – $1830 psf

Gross yield – 3.3%

 

Urbana:

Tenure: Freehold

Rental price – $5.59 psf

Purchase price – $1653 psf

Gross yield – 4.06%

 

Vida:

Tenure: Freehold

Rental price – $6.82 psf

Purchase price – $2339 psf

Gross yield – 3.5%

 

Visioncrest:

Tenure: Freehold

Rental price – $6.11 psf

Purchase price – $2061 psf

Gross yield – 3.56%

 

Watermark Robertson Quay:

Tenure: Freehold

Rental price – $5.16 psf

Purchase price – $1606 psf

Gross yield – 3.86%

 

8 @ Mount Sophia:

Tenure: 103-years

Rental price – $5.02 psf

Purchase price – $1576 psf

Gross yield – 3.82%

 

District 10

 

Four Seasons Park:

Tenure: Freehold

Rental price – $5.09 psf

Purchase price – $2823 psf

Gross yield – 2.16%

 

Grange Residences:

Tenure: Freehold

Rental price – $5.86 psf

Purchase price – $2564 psf

Gross yield – 2.74%

 

Ardmore Park:

Tenure: Freehold

Rental price – $5.78 psf

Purchase price – $3094 psf

Gross yield – 2.24%

 

Mill Point:

Tenure: 999-years

Rental price – $5.44 psf

Purchase price – $1533 psf

Gross yield – 4.26%

 

St Regis Residences:

Tenure: 999-years

Rental price – $5.83 psf

Purchase price – $2704 psf

Gross yield – 2.59%

 

District 11

 

Strata:

Tenure: Freehold

Rental price – $5.7 psf

Purchase price – $1533 psf

Gross yield – 4.46%

 

Contact me to find the best investment property for your money:

marklimyumu@dwg.com.sg

 

 

Note:

Prices are estimated, please use as reference only

Rental Prices in Singapore are volatile and closely related to economic performance

Investors are advised to do their own research on the properties before purchase

Real Estate investments are large Financial commitments…proceed with caution and prosper

Yishun: Lilydale Condo

 

Details

 

Type: Executive Condominium

District: 27

Built: 2003

Tenure: 99-years

Developer: CPL Land

Total Units: 318

Unit Sizes: Estimated 1200sqft, 2500sqft

Blocks: 5 (550, 552, 556, 558, 560)

Storeys: 13

Theme: Country-style living

Facilities:

• BBQ pits
• Gymnasium room
• Jacuzzi
• Mini-Mart
• Multi-purpose hall
• Playground
• Swimming Pool/Wading Pool
• Tennis Court
• 24-hour Security
• Lounge

Distance to Yishun MRT: 1.67KM

 

Within 1KM:

NTUC Fairprice

Northview Primary School

Huamin Promary School

Zhenghua Park

Yishun Park

SAFRA Yishun

 

Website:

http://www.lilydale.com.sg

 

Investment Potential

Current Purchase Price: $612 psf

Current Rental Price: $2.51 psf

Current Gross Yield: 4.92%

[27th Feb 2011]

 

 

Rental Yields: Projects that can fetch above $5-PSF [Part I] Feb 2011

District 1

 

The Sail @ Marina Bay:

Tenure: 99-years

Rental price – $5.7 psf

Purchase price – $2202 psf

Gross yield – 3.11%

 

Marina Bay Residences:

Tenure: 99-years

Rental price – $5.42 psf

Purchase price – $2885 psf

Gross yield – 2.25%

 

District 2

 

Icon:

Tenure: 99-years

Rental price – $6.5 psf

Purchase price – $1767 psf

Gross yield – 4.41%

 

District 4

 

Caribbean @ Keppel Bay:

Tenure: 99-years

Rental price – $5.2 psf

Purchase price – $1394 psf

Gross yield – 4.48%

 

District 5

 

Parc Imperial:

Tenure: Freehold

Rental price – $5.96 psf

Purchase price – $1604 psf

Gross yield – 4.46%

 

District 8

 

Citylights:

Tenure: 99-years

Rental price – $5.31 psf

Purchase price – $1401 psf

Gross yield – 4.55%

 

Contact me to find the best investment property for your money:

 

marklimyumu@dwg.com.sg

 

 

Note:

Prices are estimated, please use as reference only

Rental Prices in Singapore are volatile and closely related to economic performance

Investors are advised to do their own research on the properties before purchase

Real Estate investments are large Financial commitments…proceed with caution and prosper

Rental Yields: Projects TOP-ed in 2010 [Part 2]

Follow-up on my post on Projects that TOP-ed in 2010:

 

Of the 10 projects in the table below:

Marina Bay Residences commanded the highest average launch price of $1900-PSF in 2006, for the people with the foresight and financial strength to buy around the launch price, they would have made about $1100-PSF if they’re to sell today!

In contrast, people who bought The Waterford Residences at an average launch price of $1350-PSF in 2007, will still be waiting to breakeven.

The 2 best projects for rental income are Southbank & Clementiwoods, both are still giving reasonable rental returns if a buyer is to buy now although considerably lower compared to the yields they receive if they had bought at launch.

 

NOTE:

Rental Yields above are projected Net Yields NOT Gross

Prices are estimated, please use as reference only

Rental Yields: Projects TOP-ed in 2010 [Part 1]

I have just worked out the projected Net Rental Yields for selected projects that TOP-ed in 2010.

Purchase & Rental prices are using today’s prices, the projected Net Rental Yield is what you are likely to receive if you were to buy today, 15th November 2010.

 

Quick Summary:

 

District 1 prices have shot up too much over the year, it is a fantastic location for own stay but not a worthwhile investment if looking at rental yields alone.

There are not many Freehold projects in District 3, I feel The Regency At Tiong Bahru is worth a look, rental yield are reasonable though nothing to shout about.

Quite a number of projects TOP in District 5 this year, I was marketing a few units at The Parc Condo which is the nearest to Clementi MRT (0.72km) out of the three projects I’ve listed below. The rental yield is lower only because the prices at The Parc Condo had increased and the average resale prices broke the $1000PSF mark in the last 3-months. When I started marketing them, they were only asking $900-$950PSF.

District 7 is one of my favorite districts in terms of rental returns, most of the projects I’ve researched are able to give at least above 2.5% Net Rental Yield.

 

 

District 1

 

MARINA BAY RESIDENCES (18 MARINA BOULEVARD)

 

Tenure: 99-years Leasehold

Projected Net Rental Yield: 1.51%

(Figures used in computation:

Purchase Price $3000PSF

Rental Price $5.46PSF)

 

District 3

 

THE REGENCY AT TIONG BAHRU (36, 38 CHAY YAN STREET)

 

Tenure: Freehold

Projected Net Rental Yield: 2.4%

(Figures used in computation:

Purchase Price $1250PSF

Rental Price $3.89PSF)

 

District 5

 

BOTANNIA (27 – 33A WEST COAST PARK)

Tenure: 956-years Leasehold

Projected Net Rental Yield: 2.55%

(Figures used in computation:

Purchase Price $980PSF

Rental Price $3.31PSF)

CLEMENTIWOODS CONDO (78 – 90 WEST COAST ROAD)

 

Tenure: 99-years Leasehold

Projected Net Rental Yield: 2.79%

(Figures used in computation:

Purchase Price $980PSF

Rental Price $3.6PSF)

THE PARC CONDO (1 – 15 WEST COAST WALK)

 

Tenure: Freehold

Projected Net Rental Yield: 2.37%

(Figures used in computation:

Purchase Price $1050PSF

Rental Price $3.3PSF)

 

District 7

 

SOUTHBANK (881, 883 NORTH BRIDGE ROAD)

 

Tenure: 99-years Leasehold

Projected Net Rental Yield: 2.63%

(Figures used in computation:

Purchase Price $1400PSF

Rental Price $4.7PSF)

 

District 9

 

TRIBECA BY THE WATERFRONT (60 KIM SENG ROAD)

 

Tenure: Freehold

Projected Net Rental Yield: 2.28%

(Figures used in computation:

Purchase Price $1920PSF

Rental Price $5.44PSF)

WATERFORD RESIDENCE (21, 23 KIM YAM ROAD)

 

Tenure: 999-years Leasehold

Projected Net Rental Yield: 2.67%

(Figures used in computation:

Purchase Price $1250PSF

Rental Price $4.3PSF)

 

District 14

DAKOTA RESIDENCES (34 – 42 DAKOTA CRESCENT)

 

Tenure: 99-years Leasehold

Projected Net Rental Yield: 2.25%

(Figures used in computation:

Purchase Price $1250PSF

Rental Price $3.64PSF)

 

District 15

 

GRAND DUCHESS AT ST PATRICK (126 – 136 SAINT PATRICK’S ROAD)

 

Tenure: Freehold

Projected Net Rental Yield: 2.3%

(Figures used in computation:

Purchase Price $1200PSF

Rental Price $3.58PSF)

Rental Yields: District 16 – Upper East Coast (Bayshore, Bedok, Chai Chee)

 

This guide is purely looking at the Net Rental Yields of the selected projects in the area based on prices dated: 11th Nov 2010

[Factors taken into account when computing Net Rental Yield:

Maintenance Cost, Vacant Cost, Furnishings, Legal Cost, Stamp Duty, Renovation, Property Tax, Insurance, Agent Fee]

 

GOOD

 

 

AQUARIUS BY THE PARK (1 – 21 Bedok Reservoir View)

 

Built: 2000

Tenure: 99-years Leasehold

Number of Units: 720

Sizes: Roughly 890sf-2100sf

MRT: 1.75km to Tanah Merah MRT

Projected Net Rental Yield: 2.82%

(Figures used in computation:

Purchase Price $730PSF

Rental Price $2.83PSF)

 

TANAMERA CREST (6- 12 Pari Dedap Walk)

 

Built: 2004

Tenure: 99-years Leasehold

Number of Units: 288

Sizes: Roughly 860sf-2000sf

MRT: 0.73km to Tanah Merah MRT

Projected Net Rental Yield: 2.81%

(Figures used in computation:

Purchase Price $700PSF

Rental Price $2.72PSF)

 

 

Worth A Look

 

EAST MEADOWS (30 – 34 Tanah Merah Kechil Road)

 

Built: 2002

Tenure: 99-years Leasehold

Number of Units: 482

Sizes: Roughly 860sf-1400sf

MRT: 0.32km to Tanah Merah MRT

Projected Net Rental Yield: 2.77%

(Figures used in computation:

Purchase Price $780PSF

Rental Price $2.94PSF)

 

Note:

Rental Prices in Singapore is volatile and closely related to economic performance

Investors are advised to do their own research on the properties before purchase

Real Estate investments are large Financial commitments, proceed with caution and prosper

Rental Yields: District 11 – Central (Chancery, Bukit Timah, Dunearn Road, Newton)

 

This guide is purely looking at the Net Rental Yields of the selected projects in the selected area based on prices dated: 2th Nov 2010

 

[Factors taken into account when computing Net Rental Yield:

Maintenance Cost, Vacant Cost, Furnishings, Legal Cost, Stamp Duty, Renovation, Property Tax, Insurance, Agent Fee]

 

 

GOOD

 

 

THE STRATA (1 Essex Road)

 

Built: 2006

Tenure: Freehold

Number of Units: 100

Sizes: Roughly 500sf-1200sf

MRT: 0.37km to Novena MRT

Projected Net Rental Yield: 3%

 

Worth A Look

 

AMARYLLIS VILLE (20 – 22 Newton Road)

 

Built: 2004

Tenure: 99-year Leasehold

Number of Units: 311

Sizes: Roughly 650sf-2600sf

MRT: 0.53km to Newton MRT

Projected Net Rental Yield: 2.5%

 

D’EVELYN (18 Evelyn Road)

 

Built: 2008

Tenure: Freehold

Number of Units: 24

Sizes: Roughly 600sf-2400sf

MRT: 0.51km to Newton MRT

Projected Net Rental Yield: 2.5%

 

PARK INFINIA @ WEE NAM (2 – 6A LINCOLN ROAD)

 

Built: 2008

Tenure: Freehold

Number of Units: 486

Sizes: Roughly 570sf-3500sf

MRT: 0.68km to Novena MRT

Projected Net Rental Yield: 2.5%

 

RESIDENCES @ EVELYN (15, 17 EVELYN ROAD)

 

Built: 2007

Tenure: Freehold

Number of Units: 208

Sizes: Roughly 1000sf-2200sf

MRT: 0.44km to Newton MRT

Projected Net Rental Yield: 2.6%

 

NOVELIS (75 SINARAN DRIVE)

 

Built: 2008

Tenure: Freehold

Number of Units: 24

Sizes: Roughly 520sf-1200sf

MRT: 0.36km to Novena MRT

Projected Net Rental Yield: 2.6%

 

Not Worth It

 

NOVENA SUITES (200 MOULMEIN ROAD)

 

Built: 2004

Tenure: Freehold

Number of Units: 92

Sizes: Roughly 660sf-940sf

MRT: 0.23km to Novena MRT

Projected Net Rental Yield: 1.7%

 

THE HUNTINGTON (190 MOULMEIN ROAD)

 

Built: 2000

Tenure: Freehold

Number of Units: 42

Sizes: Roughly 960sf-1400sf

MRT: 0.29km to Novena MRT

Projected Net Rental Yield: 1.9%

 

Note:

Rental Prices in Singapore is volatile and closely related to economic performance

Investors are advised to do their own research on the properties before purchase

Real Estate investments are large Financial commitments, proceed with caution and prosper