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29-10-2018, 01:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
For six months, Ms Hanna Sim was trying in vain to rent out her 1-bedroom apartment at private condominium Kingsford Hillview Peak. Her tenant search ended after her property agent lowered the monthly asking rent from an initial S$2,000 to S$1,750.
With a lower rental income, the 30-year-old is making a loss out of her 52 sq m shoebox apartment in Hillview. To break even, she would need a tenant who would be willing to pay a monthly rent of about S$2,200.
Ms Grace Seow, who had owned a...
Shoebox owners suffering losses..... (https://www.sammyboy.com/threads/shoebox-owners-suffering-losses.260612/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/shoebox-owners-suffering-losses.260612/).
For six months, Ms Hanna Sim was trying in vain to rent out her 1-bedroom apartment at private condominium Kingsford Hillview Peak. Her tenant search ended after her property agent lowered the monthly asking rent from an initial S$2,000 to S$1,750.
With a lower rental income, the 30-year-old is making a loss out of her 52 sq m shoebox apartment in Hillview. To break even, she would need a tenant who would be willing to pay a monthly rent of about S$2,200.
Ms Grace Seow, who had owned a...
Shoebox owners suffering losses..... (https://www.sammyboy.com/threads/shoebox-owners-suffering-losses.260612/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/shoebox-owners-suffering-losses.260612/).