For Sale  -  Riversound Residence (D19)

S$ 1,500,000  View to Offer   |  S$ 1055.59 psf   |  1,421 sqft (132.01 sqm)    |  4 Beds   |  4 baths

What are Dual Key Units?

A dual key property is simply one where two homes share a main door and foyer, but then have separate living areas. Some dual key units also share a lounge or kitchen. The idea was originally brought in to cater for multi-generational living, meaning that a married couple could have more privacy, or grandparents could have – for all intents and purposes, their own home, while still being under the shared family roof.


The Advantage of Dual Key Units

Dual key apartments are extremely versatile, and offer so much more than the aforementioned additional privacy eg ,in multi generation living arrangements.
Many of the newer units either come as standalone apartments, or can modified as such with the removal of a wardrobe for example, to be replaced by a kitchenette. This then offers the owner the ability to rent out the second part of the unit, thus offsetting their own monthly instalments.
They also mean that if a landlord is renting the whole unit out, then they will be able to receive two rental incomes instead of one.
That plus the fact that dual key units effectively bypass the government’s ABSD(Additional Buyer’s Stamp Duty), means that they are an extremely attractive proposition for investors.

Currently this unit is tenanted till end of this year, to two individual tenants @ 4k in total.

Call Linda @98001925
www.asklindaproperty.com
www.propertyprogression.com

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    Property Information

    Development Name:
    Riversound Residence
    Property Type:Condominium
    Developer:Qingjian Realty (Sengkang) Pte Ltd
    Tenure:99-year Leasehold
    Completion Year:2015

    Special Features:

    • Swimming Pool View
    • High Floor

    Features:

    • Air conditioning
    • Intercom
    • Water Heater

    Amenities

    BBQ pits Clubhouse Lounge Pool Deck
    Wading pool

    Location

    7, Sengkang East Avenue
    Singapore 544741
    Nearest MRT Station
    • NE15 Buangkok MRT Station (1.12 km)
    • NE16 Sengkang MRT Station (1.39 km)
    • NE14 Hougang MRT Station (1.61 km)

    Nearest Schools
    • North Vista Secondary School (0.47 km)
    • North Spring Primary School (0.64 km)
    • Serangoon Secondary School (0.68 km)

    Contact Agent about This Listing

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    Tan Linda
    Marketing Director
    PROPNEX REALTY PTE LTD
    mypretty51@yahoo.com.sg
    CEA Licence No.:
    L3008022J / R026102I
    +(65) 9800 1925