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Shoebox owners suffering losses.....
An honorable member of the Coffee Shop Has Just Posted the Following:
For six months, Ms Hanna Sim was trying in vain to rent out her 1-bedroom apartment at private condominium Kingsford Hillview Peak. Her tenant search ended after her property agent lowered the monthly asking rent from an initial S$2,000 to S$1,750. With a lower rental income, the 30-year-old is making a loss out of her 52 sq m shoebox apartment in Hillview. To break even, she would need a tenant who would be willing to pay a monthly rent of about S$2,200. Ms Grace Seow, who had owned a... Shoebox owners suffering losses..... Click here to view the whole thread at www.sammyboy.com. |
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