27 Feb '13, 2am

NAV of 5-room HDB flat only $12000? - Page 2

The NAV from IRAS should be correct as it is an average for easier management. Also, don't forget, the NAV does not include furniture, fittings, renovations, maintenance costs, repairs & maintenance required etc etc. That $2500 pm you mention that tenant will pay come with inclusive of fittings, furniture, after renovation, repairs & maintenance due to wear & tear, maintenance costs included, electricity & water bills included (many do) etc etc from the owners' pocket lah! Quote: Originally Posted by DC33_2008 We could see rental of a 5-room HDB flat of $2500 or more depending on locations. How can the NAV be $12000 if NAV is defined as follow? NAV defination extracted from IRAS website: Net Annual Value (NAV) NAV is the annual value (as shown in your property tax bill) of your property in Singapore less allowable expenses. Annual value is the gross amount at which the pro...

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