Can I get 10% net rental yield in Singapore?
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Looking around for sometime but cannot find commercial properties with 10% net rental yield. All property agents and landlords, any lo bung?
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I think u will be lucky if manage to find a tenant that pays 3-5% thats the market average.
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I can throw a dart at property classified to get average yield property. This is not what a property investor usually do. I have a friend that own a few commercial properties, all averaging 8% to 11% return. I wonder how he do it.
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I think dats possible only if ur fren had purchased the commercial properties at all-time low, maybe in 1998 or smthg. Besides, i think the commercial properties should be in prime district in order to garner that kind of returns, which is above the norm of 3-5 % like someone mentioned.
Anyway,10% return per annum is not THAT impressive, u can get better returns from the stock market. Just ask shade343!
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I know a relative bought a prime commercial shop unit property somewhere in town in the 80's for quarter of million, during those years it was very bad recession with a lot of people kanna retrench and mass migrating and all that, they didn't have the money so they took a loan. All the other relatives said they were crazy and a few times they nearly defaulted becus business env was very bad in those years but they believed in their investments 100%
Today they own the property 100%, all loans paid and get a rental of abt 9k/mth dats 40%+ yield per annum.
The moral of the story is in every cloud or crisis there's a silver lining, during good times you must make $$$ and keep it for bad times so that you can have the "means" to grab those opportunities. -
I know a relative bought a prime commercial shop unit property somewhere in town in the 80's for quarter of million, during those years it was very bad recession with a lot of people kanna retrench and mass migrating and all that, they didn't have the money so they took a loan. All the other relatives said they were crazy and a few times they nearly defaulted becus business env was very bad in those years but they believed in their investments 100%
100% agree with what you wrote. I try to invest 50% of my money and keep the other 50% for opportunities. I have to be discipline but break the rule occasionally.
Today they own the property 100%, all loans paid and get a rental of abt 9k/mth dats 40%+ yield per annum.
The moral of the story is in every cloud or crisis there's a silver lining, during good times you must make $$$ and keep it for bad times so that you can have the "means" to grab those opportunities. -
Its not possible anymore. Period. I suggest you onvest in something with higher yields like companies with small market capitalisation or REITs and Funds that gives a 5-6% annualised yield.Originally posted by exkiwi:Looking around for sometime but cannot find commercial properties with 10% net rental yield. All property agents and landlords, any lo bung? -
That reminds me....I bought my globalvoice at 5cents. But I lost my cool when the stock hit 12 cents. I quickly dumped and regretted it badly afterwards.Originally posted by KumSioJui:I know a relative bought a prime commercial shop unit property somewhere in town in the 80's for quarter of million, during those years it was very bad recession with a lot of people kanna retrench and mass migrating and all that, they didn't have the money so they took a loan. All the other relatives said they were crazy and a few times they nearly defaulted becus business env was very bad in those years but they believed in their investments 100%
Today they own the property 100%, all loans paid and get a rental of abt 9k/mth dats 40%+ yield per annum.
The moral of the story is in every cloud or crisis there's a silver lining, during good times you must make $$$ and keep it for bad times so that you can have the "means" to grab those opportunities.
Globalvoice last done was 15 cents.
Moral of the story: Do not lose your cool when a stock surges suddenly. Think thrice before making and prejudicial decisions. -
YAH LA!!!...That time i bought stamford tyres at 0.475 cents..i was holding it for 3 months plus liao. Then when the price was about 0.51 cents, my mother get sooo excited and sell off without telling me. THE NEXT DAY, the price go up to 0.55!!!..KNN man....
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Siao la.. 10% yield! Thats only possible for big time property development companies la. You will be lucky to get 5% -
Average S-reits yield around 5.5%.Originally posted by DriftingGuy:Siao la.. 10% yield! Thats only possible for big time property development companies la. You will be lucky to get 5% -
If you buy 3 rm HDB in city district and rent out, more than 10% yield. I am talking about inside CBD.
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wah 150% bu shao leh, actually u din do badly wat, important is you make money, and not becoming greedy for the last penny of gainOriginally posted by shade343:That reminds me....I bought my globalvoice at 5cents. But I lost my cool when the stock hit 12 cents. I quickly dumped and regretted it badly afterwards.
Globalvoice last done was 15 cents.
Moral of the story: Do not lose your cool when a stock surges suddenly. Think thrice before making and prejudicial decisions.
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What you should worry about is becoming a gambling addict. Life cycle of a problem gambler:Originally posted by KumSioJui:wah 150% bu shao leh, actually u din do badly wat, important is you make money, and not becoming greedy for the last penny of gain
Winning, Losing, Desperation, Hopelessness and 20% of problem gamblers attempt suicide.
If you find yourself part of the cycle, please seek help. Even if you are in the first phase, the winning phase. -
But I originally intended to be a long term investor of that company because of the nature of its business.Originally posted by KumSioJui:wah 150% bu shao leh, actually u din do badly wat, important is you make money, and not becoming greedy for the last penny of gain Then dunno who was telling me to take profit first incase the price drop. -
I think places like BBC or Queenstreet behind the old ST josephs Inst is quite good buy but I doubt it will be cheap those who own hse in these places knows the convienience and ammenities the location brings hence will know the value it can fetch, be prepare to pay at least 20-30% ontop of valuation, unless you got good lobang like u know a couple in midst of divorce in the area so selling hse or yur old relative owned it or someone desperate for $$$ but this kind of lobang are rare and happen ony once in a while.Originally posted by casino_king:If you buy 3 rm HDB in city district and rent out, more than 10% yield. I am talking about inside CBD. -
Again let me say, Investing and Gambling is 2 different things.Originally posted by casino_king:What you should worry about is becoming a gambling addict. Life cycle of a problem gambler:
Winning, Losing, Desperation, Hopelessness and 20% of problem gamblers attempt suicide.
If you find yourself part of the cycle, please seek help. Even if you are in the first phase, the winning phase. -
I wonder about the balestier or toa payoh area....considered good location.Originally posted by KumSioJui:I think places like BBC or Queenstreet behind the old ST josephs Inst is quite good buy but I doubt it will be cheap those who own hse in these places knows the convienience the location brings hence will know the value it can fetch, be prepare to pay at least 20-30% ontop of valuation, unless you got good lobang like u know a couple in midst of divorce in the area so selling hse or yur old relative owned it or someone desperate for $$$ but this kind of lobang are rare and happen ony once in a while. -
Personally I prefer bbc as is right smack in town area, you have at least 2 MRT stations to take from(Bugis and City Hall), between here there is the gateway office building and shenton/chinatown area if you working in those areas, also BBC is just next door to the new National Library, opposite BCC is walking distance to all the pubs, famous lao zao pai eateries along purvis street, so many nearby banks, SMU, lassale arts, movie cinema selection you have bugis and shaw and maybe Golden if you feeling horny for (RA) movieOriginally posted by shade343:I wonder about the balestier or toa payoh area....considered good location.
Then still got sim lim leh and the now under construction new lassale university?
and oh ya' pool, this area is pool heaven for me, there's now pool junction at IOI building, pool fusion at beach rd and bldg opp lassale arts, then you have klassic pool at jalan sultan, mechmaster at parardiz, at least 6-8 places to play pool -
Very very thin line that most people cross without knowing it.Originally posted by shade343:Again let me say, Investing and Gambling is 2 different things.
If you know it, that is actually less dangerous. The danger lies in ignorance and self delusion. Just look at the number of Religions and religious people and yuo will see that mankind is given to self delusions. -
It is not a thin line. These 2 activities are very different in nature.Originally posted by casino_king:Very very thin line that most people cross without knowing it.
If you know it, that is actually less dangerous. The danger lies in ignorance and self delusion. Just look at the number of Religions and religious people and yuo will see that mankind is given to self delusions.
Check this thread out: http://www.sgforums.com/?action=thread_display&thread_id=171003