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    Property Views

    Scheduled Pinned Locked Moved Money Matters
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    • MyPillowM Offline
      MyPillow
      last edited by

      starlight1968sg:
      Visited Mont Botanik by Tuan Seng


      The selling point is freehold.
      Price is min 1.8k psf
      new FH is so expensive , how about the resale ones? so long well maintained ... usually fh is not big development too

      1 Reply Last reply Reply Quote 0
      • starlight1968sgS Offline
        starlight1968sg
        last edited by

        Nebbermind:
        starlight1968sg:

        Visited Mont Botanik by Tuan Seng


        The selling point is freehold.
        Price is min 1.8k psf

        Was this previously some factory/warehouse?

        Maybe, near Lam Soon building if you are familiar with Hillview.

        1 Reply Last reply Reply Quote 0
        • starlight1968sgS Offline
          starlight1968sg
          last edited by

          MyPillow:
          starlight1968sg:

          Visited Mont Botanik by Tuan Seng


          The selling point is freehold.
          Price is min 1.8k psf

          new FH is so expensive , how about the resale ones? so long well maintained ... usually fh is not big development too

          MP
          I wish I can print $$.

          I am keen on a FH small unit (ie 1 bedder or max 2) and small development near MRT.

          1 Reply Last reply Reply Quote 0
          • W Offline
            What The
            last edited by

            starlight1968sg:
            MyPillow:

            [quote=\"starlight1968sg\"]Visited Mont Botanik by Tuan Seng


            The selling point is freehold.
            Price is min 1.8k psf

            new FH is so expensive , how about the resale ones? so long well maintained ... usually fh is not big development too

            MP
            I wish I can print $$.

            I am keen on a FH small unit (ie 1 bedder or max 2) and small development near MRT.[/quote]I wish too 🙂

            1 Reply Last reply Reply Quote 0
            • J Offline
              janet88
              last edited by

              with leasehold properties depreciating to zero value, buyers should think carefully before buying now.

              condos are so expensive…money has become so small that millions is like thousands. prices of freehold now will also shoot up.
              I wish I have a money tree which I can shake and give me cash.

              1 Reply Last reply Reply Quote 0
              • C Offline
                Cloud Cloud
                last edited by

                The price of the leasehold property which I bought in 2015 has increased by 30 per cent. Although the location is quite ulu. When I bought it, everyone was telling me prices were high and that I should not buy.

                1 Reply Last reply Reply Quote 0
                • EstéemaE Offline
                  Estéema
                  last edited by

                  Cloud Cloud:
                  The price of the leasehold property which I bought in 2015 has increased by 30 per cent. Although the location is quite ulu. When I bought it, everyone was telling me prices were high and that I should not buy.

                  Cloud,

                  You've shared a ver honest observation & it's true.

                  It's OK to buy if Mkt price dictates & for own stay. But to invest, then hv to weigh affordability & buffer in case for some reason can't finance mortgage loan. Those can buy fully paid then go ahead. Property will raise but risks are there.

                  Some young ppl over-commit thinking jobs always there to support mortgage loan & prizes will reap them a windfall. These days such windfall ard rare unless we've a economic crisis. There - risks.

                  1 Reply Last reply Reply Quote 0
                  • lee_ylL Offline
                    lee_yl
                    last edited by

                    Previously I attended one property seminar where the speaker shared his analysis that for some areas, 99yr leasehold properties prices appreciated faster than FH properties. However, he did not go on to share what would happen to LH properties after 20 years. So DH suspected that it would be easier to make money out of LH properties only for the first 20yrs of the lease??


                    The next seminar I have signed up for is, Ways to transfer your private properties to someone else (example, your children) by trust/gift/will etc

                    1 Reply Last reply Reply Quote 0
                    • starlight1968sgS Offline
                      starlight1968sg
                      last edited by

                      I see lesser visitors to Mont Botanik and wonder how is the sale.

                      1 Reply Last reply Reply Quote 0
                      • EstéemaE Offline
                        Estéema
                        last edited by

                        lee_yl:
                        Previously I attended one property seminar where the speaker shared his analysis that for some areas, 99yr leasehold properties prices appreciated faster than FH properties. However, he did not go on to share what would happen to LH properties after 20 years. So DH suspected that it would be easier to make money out of LH properties only for the first 20yrs of the lease??


                        The next seminar I have signed up for is, Ways to transfer your private properties to someone else (example, your children) by trust/gift/will etc
                        We hv similar thots that LH value climb with price increases in same disyricts。 One of the reason why value decline, is when buyers cannot secure loan esp those >30 years & beyond. But valyevtowards the end depends on developer paying to extend land lease. If they hv difficulty or authorities made it known in their masterplan other plans & lease will not likely be extended, either no developer interested to touch or will not acquire with generous price for all owners. Mkt sentiments for both LH ofpte & public housing similar. Just silly the way HDB term owners.in essence same same ownership by law

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