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    Property Views

    Scheduled Pinned Locked Moved Money Matters
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    • 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
          • janet88J 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.

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            • 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
              • EstĂ©emaE 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.

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                • 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
                    • EstĂ©emaE 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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                      • lee_ylL Offline
                        lee_yl
                        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

                        Star, you are prepared to pay ABSD for 3rd property?

                        Actually I agree w MP, you should take a look at the resale FHs. For $1800psf, you may even find some nice buys in D9-D11. My investment unit has a newly built underpass leading to Novena MRT right at its doorstep, and doesn’t cost anything close to $1800psf !!

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