Are you an investor looking for a rental property with high yield and good growth potential?
This fully functional 2 bed 2 bath unit is currently rented out at 4.2% yield at its asking price! Lease lasts till April 2025
With interest rate at around 3%, the rent can fully cover the monthly installment for a 30 year mortgage.
Your tenant will enjoy a quiet, pool facing view. (Non mrt/main road facing)
There will be growth potential when Sceneca obtains TOP (Sceneca 2 bed 2 bath units were sold for 1.6x M). Get a boost in value when the last plot of land in Tanah Merah gets sold. The development of Changi Airport Terminal 5 and Changi Business Business District will also positively affect the Tanah Merah precinct.
New launch 2bed 2bath units are upwards of 1.4m in OCR already.
SRX estimates the market price of this unit at $XXXXXX
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Disclaimer:
X-Value is provided for general reference and does not constitute a valuation by a licensed appraiser. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the X-Value. Use of X-Value is subject to SRX's Terms of Use and Privacy Policy