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Hi Liz, I have a 2 bedroom new launch project which is expected to yield over 4.5% in rental yield. It also has a low maintenance cost of only $200. The tenure is 999year.

The size is 603sqft and the price is only $630,000. The potential capital appreciation for this area is expected to rise over the next few years.

The property prices are high currently, but similarly there were also people saying in the low of 2008 that property prices were high.

The important consideration is not whether property prices are high in general, but rather it is the price of the property YOU ARE BUYING. If you manage to get a property at a good market-beating price, it does not matter whether the property market is high.

Therefore Liz, I would advise you to search around and do comparisons, so that you can decide for yourself and convince yourself that the particular property is right for your investment needs.

Upon confirmation of purchasing a NEW LAUNCH unit, you will have to pay 5% in cash, 15% in cash/cpf (8 weeks later), and the rest of the 80% will be the bank loan.

Upon confirmation of purchasing a RESALE unit, you will have to pay 1% in cash, then 4% in cash (2weeks later), 15% in cash/cpf (8 weeks later), and the rest of the 80% will be the bank loan.

Thanks!

Regards,
Richard Wan
Black Diamond Real Estate
richardwan@live.com
 94363793  Read More