Condo rental yield dips below 4%

[chialc88]

Market value...that's why it's so low.

Love Compassion

[Temperament]

SINGAPORE — Non-landed private residential rental yield fell below 4 per cent last year, the Singapore Real Estate Exchange (SRX) said today (Jan 17).

Overall, the median gross rental yield for non-landed private residential properties dropped from 4.2 per cent to 3.9 per cent last year.
...
http://www.todayonline.com/singapore/con...ps-below-4

No worry for landlords who are prepared to let out at market rate or just, just below market rate. It's the same with everything in life. When times are good or bad, the same principle of business transaction always apply.

After say this, my wife's ex -colleague who is single now (divorcee) own 2 condos and is still working. Her properties always look spic- and-span.

what does it mean by spic-and-span?
and what is she working as?
when the news said rental yield below 4%, are they usually referring to yield over capital outlay or market value of the property?
[/quote]
She is a banker.

[Temperament]

SINGAPORE — Non-landed private residential rental yield fell below 4 per cent last year, the Singapore Real Estate Exchange (SRX) said today (Jan 17).

Overall, the median gross rental yield for non-landed private residential properties dropped from 4.2 per cent to 3.9 per cent last year.
...
http://www.todayonline.com/singapore/con...ps-below-4

No worry for landlords who are prepared to let out at market rate or just, just below market rate. It's the same with everything in life. When times are good or bad, the same principle of business transaction always apply.

After say this, my wife's ex -colleague who is single now (divorcee) own 2 condos and is still working. Her properties always look spic- and-span.

what does it mean by spic-and-span?
and what is she working as?
when the news said rental yield below 4%, are they usually referring to yield over capital outlay or market value of the property?

She is a banker.
For me i always go for absolute. i mean if i put in $xyz after minus everything, how much i get back is real return in the long term (the number of years you own the rental property). And they are a lot of things to minus. Some of them may escape your estimated calculations; like tenant accidentally damages that you can"t recoup fully.
To invest in the stock market is not easy; neither is the business of rental property.