What can you get for a budget of $800-$950K? And with a respectable rental yield?
Is that possible? Of course!
Here's an analysis for you!
Catchment Area - Dover Rise
1 km from Buona Vista and Dover MRT station, and future One North MRT
1 km from Singapore Polytechnic (Highest First time applicant for 2010)
United World College (SEA)
Anglo Chinese Independent
Anglo Chinese JC
1.5 km from NUS and NUH (Across AYE)
1 km from One North Park, Fusionopolis
Dover Parkview - Dover Rise (D5) 99yr (TOP 1998)
2 bedrm 936sqft (Mid/high flr) from $820K (tenanted at $3.1K to $3.5K)
Heritage View - Dover Rise (D5) 99yr (TOP 2000)
2+1 bedrm 969sqft (Mid flr) from $900K
URA Last transacted (Feb 2010) :
Doverpark view -
2 bedrm 969sqft $815K
2 bedrm 936sqft $823K
Heritage View -
2 bedrm 969 sqft $835k and $840K
What $850K can buy for now in various Districts?
Rivervale Crest - Rivervale Crescent (District 19) 99yr 3+1 bedrm 1206sqft from $720K
One North Residences - One North Gateway (District 5) 99 yr studio 592sqft from $770K (tenanted $2.6K til Sep210)
One Amber - Amber Road (D16) FH Studio 570sqft from $820K (TOP soon, estimated yield 4 to 5 %)
Venezio - Upper East Coast (D16) FH 2 bedrm 936sqft from $888K (TOP 2006)
The Mezzo - Balestier (D12) FH 2 bedrm 840sqft from $840K (TOP 2004)
Riviera Residences - Riviera Drive (D16) FH 2 bedrm 786sqft from $853K (TOP 2008)
Waterfront Key - Bedok reservoir (D16) 99yr 2 bedrm 904sqft from $780K (TOP 2015)
