Converting it into two apartments
Only the ground floor units in Tiong Bahru have the double height ceilings and a front door and a back door.
This is key because my 1700 sq ft house has been split into two separate apartments – my side comprises of a 2 bed-2 bath (1,000 sq ft+) and the Annex comprises of a 650 sq ft fully integrated open concept alcove apartment with its own separate entrance and exit. The two apartments connect via my indoor garden.
It’s a simple concept of arbitrage – by splitting it into two, one side pays for the mortgage and the house becomes self-sustaining. Plus I save on the higher stamp duty and property taxes that come with owning a “second” property.
Putting the Annex on AirBNB was a simple decision. I get higher yields by putting it on AirBNB without having to lock it up for 2 years under a standard residential lease. This leaves me the flexibility to keep the space free for friends visiting from overseas. I now get to share the oasis in which I have grown to call home with the rest of the world. The annex is already on AirBnB and my guests have come from the UK, Thailand, Denmark, US, Russia!
You could be the next ones!
Plus you get to enjoy the lovely Tiong Bahru! Bookmark this page as I will be adding more pictures and all my favourite restaurants and spots
To make a reservation, please click on the photo below or on the following link http://deb.bi/AirBnb-73EngWattt