19 nassim condo
From the above, it is very apparent that investment in the HDBs and Condos result in very substantial ROIs.
Taking a condominium building as an example, we will accept that the above figures are correct and we will assume several things.
First, that a condo has 200 rooms
Second, the condominium 19 nassim condo structure cost SG$50 million to build
3rd, the average monthly rental rate is SG$20,000 per month from units of different dimensions and qualities
4th, the condo structure is good for 40 years.
It would take only 1 year for the investor/owner to realize earnings of S$4 million, SG$20 million in 5 years, SG$40 million in 10 years and only 2.5 years to earn the remaining SG$10 million.
This represents a sum total of only 12 years to clear the original investment of S$50 million with the remaining 28 years looked upon as a profitable return on investment.
Taking a condominium building as an example, we will accept that the above figures are correct and we will assume several things.
First, that a condo has 200 rooms
Second, the condominium 19 nassim condo structure cost SG$50 million to build
3rd, the average monthly rental rate is SG$20,000 per month from units of different dimensions and qualities
4th, the condo structure is good for 40 years.
It would take only 1 year for the investor/owner to realize earnings of S$4 million, SG$20 million in 5 years, SG$40 million in 10 years and only 2.5 years to earn the remaining SG$10 million.
This represents a sum total of only 12 years to clear the original investment of S$50 million with the remaining 28 years looked upon as a profitable return on investment.
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