Property
5 Singapore Condos With Positive Cash-flow
By Stacked Homes  •  January 12, 2021
Investing in a rental property could be a tough call right now, due to Covid-19; but what if the condo generates enough rent to cover its loan repayments, plus more? These days, it’s true that most condos generate just enough rental income to offset the interest and maintenance; as for more than cover the entire loan repayment, some landlords will tell you that’s a daydream. But as we’re fond of saying, exceptions always exist in Singapore’s private property market. A search of rental transactions over the past year, compared to unit costs, revealed some condo units that are quite likely to be seeing positive cash-flow: How did we pick the following condos? The following is based on URA rental data over the past 12 months (for the given unit size). We’ve compared the rental rates of the units to the estimated monthly loan repayment. (The home loan is assumed to have an interest rate of 1.3 per cent per annum, with a loan tenure of 30 years)....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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