Reader says...

A lot of people like to buy property for investment only.

I don understand.

To get 4% yield is hard on properties

AK says…

I dun understand also. πŸ˜›

4% is a dream… 3% (gross yield) is already very good. πŸ˜‰

And if cannot rent out, it is not 0% but negative because still must maintain. (Vacancy rate is so high now) πŸ˜›

Ask these people to buy Martin Modern by Guocoland, OK? πŸ˜›

http://www.martinmoderncondo.sg/

(Yes, I know. Bad AK! Bad AK!)


Reader says...
My mom 5 years ago bought a condo on impulse.

The rental from initial $2,750 drop to current $2,200.

Still must pay maintenance, property tax, tax on the rental income etc.

Negative return …