CondoAre Dual Key Condos Profitable? Here Are The Results From All 193 Transactions So Far

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  • April 25, 2020
  • 10 min read
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Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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shi hui
shi hui

heyy great read. shocking to see the dual key units lost more than regular. but like you mentioned at the end , maybe investors didn’t mind selling lower because of the rental income they’ve made. but why sell lower though? would this mean naturally dual key units have a lower PSF than others?

Stacked Homes
Stacked Homes

Hey Shi Hui, investors who primarily focus on rental yields are more willing to let go of a property. It could just be that they have found a better deal elsewhere to better deploy capital. There are also not as many dual-key units available out there, so as a result of lower transactions, the ability to command an average (or higher) PSF is not there too due to a smaller pool of buyers being aware of such a unit.

Retrofit Insulation Auckland
Retrofit Insulation Auckland

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