49 Normanton Park

Property Details (SGD): - Type: Condominium - Bedrooms: 2 - Bathrooms: 1 - Floor Area: 581 sqft - Price per sqft: S$ 1,979

Agent: Lester T. Phone: +6591068896

Freshly Tenanted at $4200 which covers installment plus mcst fee!

Assuming 30yr loan at 1.4% mortgage rate: Installment: $3013 /mth Mcst: $280 /mth Total Monthly Cost: $3.29k /mth

Monthly Cashflow: $4200 - 3300 = $900 /mth (Even higher cash out if using CPF to pay installment)

Effective ROE : Whopping 17% annual return !!! (Return over equity, ie downpayment in)

Best for those who borderline-fail TDSR as some banks will take this rental income to offset your TDSR!

Rare 1+Study at Normanton Park – Full Pool View, Biggest Layout, Under-Valued!

Looking for space, convenience and long-term upside? This 1+Study (581 sqft) is the largest layout of its type at Normanton Park — and it’s going for below $1.3M, well under recent transacted prices!

Key Highlights: • Spacious 581 sqft – largest 1+Study layout in the project • Study area can potentially be enclosed – ideal for home office, nursery or guest room • Direct pool view, quiet facing with no traffic noise • Newly TOP mega project with full condo facilities – pools, tennis courts, gym, BBQ pits & a supermarket downstairs • Within 2km of Fairfield Methodist School & New Town Primary • Direct Bus 97 to VivoCity, Raffles Place & Tanjong Pagar • Near Kent Ridge MRT, NUS, NUH & Science Park • High rental yield potential (above 3.5%)

Not fire-sale but definitely a good price! Serious seller!

Normanton Park is near to Kent Ridge Hill Residences, Terra Hill, The Interlace, The Anchorage, Stirling Residences, Queens and Margaret Ville.

Normanton Park is popular with buyers who like Treasure at Tampines, Parc Esta, The Florence Residences, Reflections at Keppel Bay, Affinity At Serangoon, JadeScape, Parc Clematis, Penrose and Riverfront Residences.