2035 Singapore Real Estate, Rental Houses, Apartments, Condos, Singapore Classifieds, Internet Property Advertisements published by: Asiahomes Internet.

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Last updated: 17 Apr 2000

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As at April 17, 2000, small 2-bedroom condos of less than 750 sq. ft are not in demand by most Caucasian expats no matter how new.  Exception may be those in the Orchard Road and River Valley Road locations.   

The rental price below $1,800 may attract 2 career ladies such as the Japanese or the other Asians who will be upgrading  from renting an HDB room for $600 to sharing a 2-bedroom at $750 per person per month. 

The expat lecturers or researchers will like to live near the University or Science Park and their housing allowance is also very low. 

It is best not to invest in small 2-bedroom condos outside the Orchard Road area if one expects high rental returns of over $2,500 per month, fully furnished. 

 

Subject: URGENT DECISION NEEDED: Trellis tower

Date: Mon, 17 Apr 2000 08:08:23 +0800
From: David Sing <drsing@pacific.net.sg>
Organization: http://www.asiahomes.com. 
Free house-hunting services for expats.
     (65) 9668 6468.
To: ....
Hi

1. I received message that curtains are installed.
2. Feedback. Unit is very small and not near Orchard Road.
3. I have 3 proposals:
3.1  Please advertise yourself. Put "OWNER" in Straits Times Advert. 
You will get calls to view places from agents and you will schedule appointments.
3.2. My agency will advertise as "OWNER" if you agree to pay the full agency
commission of one month's rent for 2 year lease and pay my agency $300 for making
the labour and time in appointments for next 60 days (day and night).  In effect,
we are the OWNER'S REPRESENTATIVE but to the other agents, 
they are happy since
the Owner still pays the full agency commission and that is what counts if they
do have clientele.
Straits Times ad payable by you.  Estimated $30/advert or 2 ad per week. This
will be good if you have no time to go and open the door to all agents and
prospects.
3.  I continue my advert in co-broking as I have the key and can be available
anytime.  You do your own advert and appointments.  If I get the tenant, I get
the commission. Other agents get you the tenant, they receive full commission.
In this way, you don't lose out but you need to put in the time and effort to be
available. .
Please decide fast, in your interest.  The "rentability" of the 710 sq. ft 2
bedroom Trellis Tower at $2,300 is NOT that good as comparable 
properties in not so good location, like Harbourlights Condo (opposite 
the World Trade Centre) rent less than $2000 nowadays and there are 
many older but bigger condos near Newton
and Novena subway being preferred as "close to Orchard Road" location.

 


For more Information on FREE house-hunting for expats relocating to Singapore, email Judy Quek, tel: +65 9668 6468.

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