Wednesday, 18 February 2015

No more rental income

In Dec 2014 and Jan 2015, my property agent only manage to bring three potential tenants to look at my apartment. Sadly, none of them was interested after viewing the place.

Eventually, I decided to use the apartment myself. My parents' HDB flat would be undergoing upgrading soon, and I thought that having this apartment for temporary use would bring some convenience for us. As a result, I was busy with buying furniture, fixing them up, stocking up on household necessities, cleaning the apartment, and other related issues such as applying for the owner-occupier property tax rate.

Shall see how the situation is after my parents' HDB flat has completed the upgrading works. Perhaps it would be easier to rent out a fully furnished apartment.

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