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18-01-2011, 12:33 PM
(18-01-2011, 12:30 PM)tonylim Wrote: One of my friend who owns one small unit in the Sail@Marina
(opposite ORQ ), he paid it for 2 millions and he is renting it for S$5200.00 p.m. Fully furnished. He has to pay maintenance/property tax/income tax. He told me net rental is around 2.5%.
Wow 2.5%? Doesn't even beat inflation.
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