1. FOR RENT TO EXPATS
1.1 | American School's
neighbourhood housing
1.2 | Bungalows,
semi-detached, townhouses & cluster houses
1.3 | Cluster
houses
1.4 | Condos
over 2500 sq. ft
1.5 | Conservation
shophomes
1.6 | House-
Hunting Rentals
1.7 | Penthouses
& other condos
1.7a | Penthouses
Feb-Mar 2001
1.8 | Recent Rentals
1.9| Serviced
apartments
1.10 | Subdivision
Rentals (major developments of condos/houses)
1.11| Townhouses
& semi-detached (Feb 2001)
1.12 | Unique homes
1.13 | Upscale,
waterfront
condos |
HOUSE HUNTING
RESEARCH REPORTSAustralian Expat
hotel project manager
Found
http://www.asiahomes.com
via search engine "msn".
Viewing July 30, 2001
2 or 3 bedrooms
$4,000 fully furnished.
6 - 12 months' lease.
Near Bugis subway.
3.15pm
River Place 2-bedroom 900 sq. ft $4,300. Considered the upscale
waterfront condo near Clarke and Robertson Quays too expensive per sq. ft but River Place
is an upscale condo. Has a shuttle to Raffles Place and is water front.
UNITS ARE FOR SALE to foreign
investors. Contact +65 9668 6468 or judy@asiahomes.com.
3.30pm
UE Square 2-bedroom 1141 sq. ft 2nd floor, $3,500.
Dislike the kitchen being positioned between dining and living area. Dark as this
unit is on 2nd floor facing the office block. However, free shuttle bus to City Hall
subway and supermarket at door step, proximity to Clarke Quay and Mohd Sultan pubs, big
pool, big gym, tennis and squash courts, make this condo extremely popular with young
Caucasians and Japanese expats.
4pm
Sunshine Plaza 2-bedroom 764 sq. ft $2,600. Terribly small master bedroom
and even smaller 2nd bedroom. Completed in 2001 and bigger units have been rented.
Great location in Bencoolen Street area.
UNITS ARE FOR SALE to foreign
investors. Contact +65 9668 6468 or judy@asiahomes.com.
4.30pm
Burlington Square Residences 2-bedroom 936 sq. ft $3,700. 16th
floor available in August 15, 2001.
3-bedroom 1066 sq. ft $4,300. Big pool and gym. Tennis court and a 10-min walk to BUGIS
subway. Likes the spaciousness and brightness of the 3-bedroom. City views from
higher floor. Almost fully leased to expats owing to great location.
UNITS ARE FOR SALE to foreign
investors. Contact +65 9668 6468 or judy@asiahomes.com.
5pm
Tanglin View 3-bedroom 1141 sq. ft $4,000. High floor. Pool or greenery
city views. Breezy. Liked this condo very much. Big pools, gym, snooker table,
tennis courts and brand new. 5-minute walk to Redhill subway. Therefore, no need to look
for taxis or buses. Completed in 2001. The expatriate said that Thomson 800 had
better interior quality finishes and a BALCONY, although its condo facilities are
comparable to those of Tanglin View.
UNITS ARE FOR SALE to foreign
investors. Contact +65 9668 6468 or judy@asiahomes.com.
If Tanglin View has a balcony, it might be easier to close. No decisions made. Will see
more units with another realtor tomorrow morning. Condos further away from downtown
rent lower.
Conclusion. This case study illustrates the culture of Caucasian
expatriare tenants for investors of Singapore properties. Other than brand new
condition and location, a balcony and bright kitchen or rooms are very important assets
for condo investments if you are targeting at Caucasian expatriates. The UE Square
condo has space for a 2-bedroom unit but it is dark. Selling price is lower and therefore
this compensates for the inadequacy. |