AskGuru Q&A Community

Hi Kenneth

There are 2 points you mentioned here;
A. 1BR condo
B. Capital Gain

Capital Gain depends largely on economic outlook, government policies, location, and future developments nearby.
So its true what you mentioned about gains depending on surrounding real estate.

1BR Condo is, though waning, still the preference of investors. However, due to changing sentiments/conditions, 2BR are gaining priority interests.

Let's meet up for a drink and chat more.

Gary
 81883186 
gcwc@outlook.com Read More

Hi Kenneth,

Allow me to share with you some examples and you decide for yourself if there's capital gain for 1-bedroom condo/apt.

1) City Square Residences #09-XX
Bought in Mar 2010 for $779K, sold in Jan 2013 for $1.07M, annualised gain of approx 11.8% excluding rental yield.

2) Caspian #04-XX
Bought in Mar 2009 for $356K, sold in May 2012 for $612K, annualised gain of approx 18% excluding rental yield.

Similarly, there are 3-bedroom condo/apt that posted negative capital gain such as:

3) The Oceanfront #05-XX
Bought in Jul 2007 for $3.42M, sold in Jul 2013 for $2.72M. Even if we include the rental yield, it would unlikely be able to defray the capital loss of $700K.

In short, pick the right project and any type can also make money.

Feel free to contact me for a discussion on the potential upside and risk assessment of any investment property you have in mind.

Best regards,
Jeron Lee
 90015060  Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
8 2 7 9 8 3 2 7

Questions Like .. Review ...
Recommended
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Blessed , Regards

Koh Z H - Agt
hp- 8 2 7 9 8 3 2 7
Cea Reg - R 0 5 7 8 1 0 C
Orangetee - L3009250K
AAG Team Agent

***Recruitment Agt Welcome

My propertyguru Commercialguru Site

Welcome owner/Landlord to list through us

Residential , Commercial , Industrial
Room Rental Welcomed too Read More