analysis of toa payoh new launch
TRANSCRIPT
A member of
ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
+200% over 14yrs
RIGHT ENTRY PRICE
Bishan Loft
A member of
ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
+100% over 18yrs
RIGHT ENTRY PRICE
Trellis
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
CASE STUDY:
How to determine
RIGHT ENTRY PRICE?
Toa Payoh
THE SITE
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
1-2br new launch prices in vicinity estates
(Below 800sqft)
TPY Indicative
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
Compare to vicinity projects (2br)Old – Trevista (4yrs)
New Launch – Sky Vue
Old – Trellis (15yrs)
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
Compare to vicinity projects (2br)
Trellis (15yrs)
Trevista(4yrs)
Sky Vue(BUC)
Toa Payoh(Assume Est
$1,600)
Transacted/Indicative Price
$1,035,000 $1,200,000 $1,208,000 $1,006,400
Savings of approx. $28,600
Savings of approx. $221,600
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
3rm HDB vs 2br condo Rental
(HDB)
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
Trellis (15yrs)
Trevista(4yrs)
Sky Vue(BUC)
Toa Payoh(Assume Est
$1,600)
Transacted/Indicative Price
$1,035,000 $1,200,000 $1,208,000 $1,006,400
Rental @ 3.5% yield
$3,018 $3,500 $3,533 $2,934
Compare to vicinity projects
Lower rental
& newer
(save $7,000/yr)
Easier to rent
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
More
challenging for
high mortgage
loan approval
A member of
ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
Trellis (15yrs)
Trevista(4yrs)
Sky Vue(BUC)
Toa Payoh(Assume Est
$1,600)
Transacted/Indicative Price
$1,035,000 $1,200,000 $1,208,000 $1,006,400
3% price increased
$1,066,050 $1,236,000 $1,244.240 $1,036,592
Compare to vicinity projects – 5yrs later
Lower & newer
resale price
Easier to sell
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
Loan Tenure 30yrs 25yrs 20yrs
Instalment for 80% loan (1.7%)
$2,856 $3,296 $3,950
CPF OAcontribution
$1,150 $1,150 $1,150
Rental $3,000 $3,000 $3,000
Cashflow/mth $1,294 $854 $230
Cash Flow
Toa Payoh 2br – $1,006,400
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ALICE YEO | 9747 7349 | [email protected] Reg No.: R003733A
So, What is
RIGHT ENTRY PRICE
Low Risk
• Low commitment
• Easy to rent out
• Easy to sell in open market
• Good cashflow