Property Picks

5 Singapore Condos With Positive Cash-flow

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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Ivan
Ivan
3 years ago

Meraprime is currently asking for 1.53mil on propertyguru – 30~% higher than transacted price that is indicated above here. Not sure how useful is it to use transacted price to derive positive (or negative) cash flow here.

Stacked Homes
Admin
3 years ago
Reply to  Ivan

Hey! Thanks for your question Ivan. We find that transacted prices would be more accurate since it is the actual market price. The asking on PropertyGuru is usually higher because sellers would naturally want to sell higher, but ultimately have to negotiate down to something more realistic. Hence, we relied on actual transacted prices here.

Tom
Tom
2 years ago

What is your opinion about Wing Fong mansion. Is investing in this condo worth the risk? Is rezoning to commercial/institution a boon or bane as no body would want to set up an office space in the middle of red light area. Would the red light area be moved out of Geylang eventually especially with covid in place? Id enbloc potential good for Wing Fong as the land size is substantial ?

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