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Estimated Starting Sale Price of $1,300 per Square Foot for Units at Bukit Batok West Avenue 5 Lumina Grand CDL

Estimated Starting Sale Price of $1,300 per Square Foot for Units at Bukit Batok West Avenue 5 Lumina Grand CDL

Developed by Lumina Grand CDL, the freehold residential condo overlooking Bukit Batok West Avenue 5 was formerly called Westville. Featuring high-end design and offering excellent facilities, the residence has something to suit all lifestyles. Several restaurants, cafes, supermarkets and other amenities are located near the condo, making it an ideal place to live.The units range from studio apartments to five bedroom units and include a selection of amenities including a swimming pool, gym, outdoor spas, BBQ pits and more. Lumina Grand CDL also stated that the residences are designed with an emphasis on natural lighting, ventilation and an inspiring view of the city skyline.The luxury condominium is expected to be completed in 2023 and is located near Bukit Gombak MRT station, The Hillside, The Grandstand, and Bukit Batok Nature Park.

In regard to financials, the estimated beginning sale price for units at the Bukit Batok West Avenue 5 locale …

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Identifying Competitive Rental Rates for Condos: Strategies for Consulting Neighbors, Real Estate Agents, and Community Boards

Homeowners looking to lease their condo should also consider variable rental rates depending on the season. This can be beneficial to increase their profit margins while maintaining competitive prices. Above all, landlords should be prepared to be flexible should an opportunity arise to make more money while keeping tenant satisfaction in mind.

Online rental platforms and local real estate agents can be great resources to gauge the average rental rates for condos in the same area. Consulting with neighbors and community boards may also be beneficial in providing useful insight and aiding in establishing a competitive and attractive rental rate.
It should also include the landlord’s and tenant’s responsibilities, such as who is responsible for maintaining the rental property, carrying the appropriate insurance, and paying certain taxes and utilities.

Creating a thorough and well-defined lease agreement is an important part of the rental process. Working with a legal professional to …

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