Deal Diary
Every listing I screen.
Every verdict I publish.
Real numbers. No gated PDFs. Every analysis is public.
2 Listings. 1 Pass. One Suites at 4.03%.
I almost skipped One Suites. A Lorong 1 Geylang boutique branded "#1 Suites" reads like a flipper's prop — a name doing a lot of work to dress up a Lorong address. Then the comps came back 7.2% under the D14 median with URA's rent book holding at $4,000/mth, and the freehold y...
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3 Listings. 1 Pass. Mandarin Gardens at 4.19%.
I almost dismissed Mandarin Gardens outright. Built in 1986, sitting on a 99-year lease that started in 1994 — call it 67 years left — and priced 22.1% below the district's $1,667 psf median. That's usually a red flag, not a discount. But the rent checked out: $4,450/month on ...
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28 Listings. 3 BUY Signals. Mandarin Gardens at 5.02% - Read the Asterisk.
I almost binned Mandarin Gardens on sight. A 1986 leasehold tower in D15 with 99-year tenure burning down to roughly 59 years remaining is not an obvious buy at $998K. Then I looked at the floor area — 732sqft, the largest unit in today's screen — and the MRT pull: 540m to TE28 S
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28 Screened. 9 Pass. Mandarin Gardens at 4.04%.
I nearly filtered out Mandarin Gardens before I'd even run the math. A 1986-built leasehold condo — tenure decay, building age, the full checklist of red flags. Then I checked the entry price.
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