Is a 2-bed-2-bath or 2-bed-1-bath new-launch condo better for investment? Here's what the latest data says

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

For buyers looking at an investment property, a two-bedroom unit is a typical sweet spot — in terms of rentability and a more achievable quantum. But in recent years, the availability of a smaller two-bedroom unit in the form of a two bed one bath meant that the decision becomes more complicated. Is it better to buy the cheaper unit?...

For buyers looking at an investment property, a two-bedroom unit is a typical sweet spot — in terms of rentability and a more achievable quantum. But in recent years, the availability of a smaller two-bedroom unit in the form of a two bed one bath meant that the decision becomes more complicated.

We last did this analysis in early 2023, so here's an update to see if the situation has changed one year forward:We can see that, except for Uptown @ Farrer and Ki Residences, the extra bathroom always costs more in quantum . For Whistler Grand, this could be due to a large number of two-bedroom layouts, ranging from 503 sq ft to 700 sq ft, so the size difference beyond an added bathroom could account for the quantum difference. The same could apply to The Woodleigh, where 2B1B units are 570 sq ft, but the 2B2B units can go up to 721 sq ft.

In general, there still doesn't seem to be strong evidence that the second bathroom is going to make for better performance. But on the flipside, we can also see that the premium for a second bathroom may not be that big for certain projects; so if you need it, it's possible to get it without paying over the top.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines