Monday, January 4, 2010
here are some vicinity rental price guide i found. hope this is useful.
price is based on Sept 09. anyway market demand changes and price range varies but it cannot be too big a difference apart. but looking at the nearby Universal Studio & IR coming to be completed very soon, prices may not be the same again i reckon.
good luck to residents who wish to rent out their units. i believe P@D is going to be very hot... heheee
the median monthly rental for:
The Beacon (1109sf) $4155
Icon (657sf) $3827
Sportiswoode (1270sf) $2350
5rm in Cantonment Close (1184sf) $2350
5rm in Kim Tian Rd (1184sf) $2350
i checked URA and came across Icon median psf is 5.67 which is typical for that area which is also close to P@D. if here can fetch $3 - $5 psf, that's a very very good return. (but i feel for $4 - $5 psf can wait long long.... for that kinda price). cross our fingers. of cos we have to be realistic and also must know what type of property we're living in. its better not to anyhow quote prices 1st for now. people can perhaps observe the vicinity rental and do some calculations
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