Property Views
-
Zeng:
[/quote]Decoupling as a way to avoid the ABSD?With all the additional stamp duties etc
I am familiar with District 11 as I have been following the prices for years. Won't be selling my matrimonial home, so my plan is to buy 1-2 properties in District 11 hoping my children can stay near me when they grow up. Even if they are not keen, to stay near me, I will continue to rent these units out to provide income streams during my retirement.
Is it still worth buying?
What is considered a reasonable price for a 2 roomer in newton/novena area?lee_yl:
[quote=\"sleepy\"]I'm looking at D9, 10, 11. Prices still super high
There are still some decent buys depending on your budget and the floor size you are looking at.
Across the road is District 12. Used to own one investment unit there. Last time dirt cheap but now, prices there have gone up a lot, and I don't think it's worth buying considering the neighbourhood. I rather top up more for a unit in District 11.
As long as the cooling measures are still in place, it is not the best time to buy. However if you go house hunting regularly, unless you chance upon a distress sale then you may want to seriously consider buying.
When new 99yr condos in suburbs are selling at around $1400 psf, while a resale freehold apartment, albeit with limited facilities, in D11 going for around $1500-1600 psf, why not top up a bit more to get a freehold one? In a downturn, Dist 11 prices still hold up well and easy to find tenants. My thinking only, not everyone thinks like me. -
how to identify distress sale?
-
For sub-sale or resale private properties, I heard deposit cheque will be issued directly to seller/ owner’s name?
Safe or not? What other precautions or checks that potential buyer should keep in mind before giving the cheque?
Is it better to make the offer through buyer’s lawyer?
Buyer does not have to pay agent’s fees right?
If the agent is not specially engaged by buyer to help source for properties
Under what circumstances would a buyer need to pay agent’s fees? -
sleepy:
yes, the chq is issued to owner's name - Pls buy thru a registered property agent . The agent will show u some print out from URA the real owner;s name - this is first step to show ur interest in the apartment. After this is source bank loan etc then a legal advisor will be assigned by the bank . Need to do a valuation of property ( bank will do to assess loan quantum)For sub-sale or resale private properties, I heard deposit cheque will be issued directly to seller/ owner's name?
Safe or not? What other precautions or checks that potential buyer should keep in mind before giving the cheque?
Is it better to make the offer through buyer's lawyer?
Buyer does not have to pay agent's fees right?
If the agent is not specially engaged by buyer to help source for properties
Under what circumstances would a buyer need to pay agent's fees?
unlikely for buyer to pay agent fees - so far i know .
Maybe if the agent can get a huge under table discount for u, then u give agent kopi money - illegal or not, I amnot sure - dun play play nowadays.... better check n ask properly. -
Wow looks like there is good news Sleepy :rahrah:
-
What u said makes sense
But some 5-10 year old FH D11 condos still asking 1800-2000pfs
[/quote]
Decoupling as a way to avoid the ABSD?
As long as the cooling measures are still in place, it is not the best time to buy. However if you go house hunting regularly, unless you chance upon a distress sale then you may want to seriously consider buying.
When new 99yr condos in suburbs are selling at around $1400 psf, while a resale freehold apartment, albeit with limited facilities, in D11 going for around $1500-1600 psf, why not top up a bit more to get a freehold one? In a downturn, Dist 11 prices still hold up well and easy to find tenants. My thinking only, not everyone thinks like me.[/quote] -
What u said makes sense
But some 5-10 year old FH D11 condos still asking 1800-2000pfs
[/quote]
Decoupling as a way to avoid the ABSD?
As long as the cooling measures are still in place, it is not the best time to buy. However if you go house hunting regularly, unless you chance upon a distress sale then you may want to seriously consider buying.
When new 99yr condos in suburbs are selling at around $1400 psf, while a resale freehold apartment, albeit with limited facilities, in D11 going for around $1500-1600 psf, why not top up a bit more to get a freehold one? In a downturn, Dist 11 prices still hold up well and easy to find tenants. My thinking only, not everyone thinks like me.[/quote] -
Any new ppty coming up? Always enjoy visiting the showflats
-
Have you visited Queens Peak near Queenstown MRT and Parc Riviera at West Coast?
Have seen flyers on these 2 projects recently -
Have you visited Queens Peak near Queenstown MRT and Parc Riviera at West Coast?
Have seen flyers on these 2 projects recently
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login