4.6% Rental Yield Freehold Condo Walk To Mountbatten Or Aljunied MRT
Prime Residence Freehold Development
Prime Residence,Experience elegant living beyond compare. Where your dream lifestyle comes alive.Prime Residence is a city living with abundant doses of chic and sophistication thrown in. For the discerning individual with a taste for the good life.
Geylang River will also be redeveloped and integrated with the future developments at
Paya Lebar Commercial Hub, featuring an exciting quayside with dining, entertainment and
shopping. Therefore, expect potential increase in rentals and prices of properties when the
Paya Lebar Commercial Hub is developed.
Convenient public transport that connects to most part of the island – Walking distance to
Mountbatten MRT (6 mins), which is just 3 MRT stops to Suntec City, and Aljunied MRT (7
mins), which is just 4-5 MRT stops away from Cityhall & Raffles Place.
Geylang has high capital appreciation as
1) It's at City Fringe
2) Its Freehold
3) height restrictions will be removed after Paya Lebar Airbase relocated.
Project Details :
Project Name : Prime Residence
Description : 8 Storey Residential Development With Swimming Pool , Gym and Mechanized Carpark
Location : 7 Mins Walk to Mountbatten MRT (Yellow Mrt circle Line) or Aljunied Mrt (Green Line)
Size : 538sf
Price : $730K up
Rent : $2800 till 1/4/2023
Rental yield : 4.6%
(Can terminate by giving 2 months notice if buyer buy for own stay)
Maint : $230/Mth
Prop tax annual value $13,800
$115/mth (10% of annual value if for investment )
$46/mth (4% of annual value if for own stay )
Very easy to get tenant, so far no vacancy period
Location : 41 Lorong 22 Geylang S(3986977)
District : D14
Site Area : 7077 sqft
Tenure : Freehold
T O P : Dec 2014
Facilities : Swimming Pool , Gym , Hydro Therapy Jacuzzi
Call Vivien 9062XXXX Now for more details
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