SINGAPORE (Mar 26): A three-bedroom-plus-study unit of 1,679 sq ft at the 99-year leasehold Quinterra on Holland Road is up for sale, with an asking price of $2 million ($1,191 psf). “The Singaporean owners are selling the unit with vacant possession, as they have upgraded to a larger property,” says Fanny Goh, associate group director at Orange Tee & Tie, who is handling the sale.

Located on the second floor, the unit has an en suite master bedroom. The study in the master bedroom has been converted into a walk-in wardrobe, says Goh. The unit also has a north-facing main door and an east-facing balcony.

Similar three-bedroom units of 1,600 to 1,700 sq ft at Quinterra fetched monthly rents of between $4,300 and $6,500 from 2016 to 2017. This works out to a potential rental yield of 2.6% to 3.9%, based on the asking price of $2 million.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook