Mummy jacyn

[ChiefKiasu]

s00s_dad:

...Hey chief, all the names sound expensive ley

The 2nd tier ones are really not that costly for the value they provide, even if you compare them with the 3rd tiers (eg. NTUC, YMCA, etc).

[jedamum]

jedamum:

let us welcome you officially over there.

hi jacyn,
welcome to KSP
do share your house hunting tips ok? it's a first for me. :oops:

[RRMummy]

hi jacyn, :welcome: to KSP.


Like jedamum, I'm house-hunting too.. share away.. I'm all ears

[jacyn]

hi hi, thanks all for the warm welcome


Chiefkiasu, ya, i did some homework and realised all the 'branded' pre-school are there. shortlisted brighton. it's near a bus stop so my mother-in-law can help fetch my kid.

looking to get a condo in the area, but so far sellers still asking for rather high prices. property market doesn't seem to have really went down, or it's just my luck :roll:

RRMummy & jedamum, r u house hunting in the same area too?

[jedamum]

jacyn:

RRMummy & jedamum, r u house hunting in the same area too?

jacyn,
have you heard about 'Repurchased Flats'??

[ChiefKiasu]

jedamum:

jacyn:

RRMummy & jedamum, r u house hunting in the same area too?

jacyn,
have you heard about 'Repurchased Flats'??

Sounds like \"pre-loved\" flats :lol:

[jedamum]

ChiefKiasu:

Sounds like \"pre-loved\" flats :lol:

wonder if it is more economical to get repurchased flats (ie cheaper cos get direct from HDB, but need renovation as we don't know the condition of the flat) or resale flats (need minor renovation if move-in condition and also can choose location and unit type).

pretty newbie in the househunting field.

[MLR]

jedamum:

wonder if it is more economical to get repurchased flats (ie cheaper cos get direct from HDB, but need renovation as we don't know the condition of the flat) or resale flats (need minor renovation if move-in condition and also can choose location and unit type).


pretty newbie in the househunting field.

Hiya jedamum,

In order to get repurchased flat, u need to check for eligibility, not everyone can apply for them. Most of them will be relatively bare with minimum or no fixtures. Walls are normally whitewashed, any damages will mostly be fixed by hdb. U can't view it b4 selection though, can only look at layout from hdb website.

In my opinion, you can go for resale flat if you are going for bigger flats like 5 rooms or executive, cos in the current situation the cash above valuation amount is still pretty low, so worth it as it covers some of the basic renovations done. Pros is that you can shop for as many as u can to decide, very very tiring process and u may not find one u like and in our case, the more u look the more confused u get.

If going for 4 rooms can try repurchased flat, cos cash above valuation for this size is pretty high in the resale market, averaging 15-40k depending on location and renovations done. Repurchased are very popular though, cos most of them are in developed areas. So u also hv to depend on your luck during application and pray that your Q no is small and you don't hv much choice, cos theres only like a couple of units in the areas that you like.

Just my personal views. Happened to went thru a hell of a time in 2007 trying to get a roof over our heads. We moved like 4 times from Aug 07 to Jun 08. So went thru all possible options b4 was lucky to catch the Jul 07 ballot for Jurong area and managed to get a 5 room flat to call home.

[jedamum]

MLR:

was lucky to catch the Jul 07 ballot for Jurong area

MLR,
thanks for sharing.

So...you got a repurchased flat too huh?
I am looking for 4 room...will be participating in the current HDB Sales exercise....8000+ applicants vying for 400+ units :P...am only looking at units in matured estate.

[MLR]

Hiya jedamum,


No, we managed to get the new flats, but these untis were built in 2000 for en-bloc of some older flats in the area, just that at that time price was very high and most residents went for the 4 rooms instead, so about 99% of 5 rooms were unoccupied. Back in Jul 07, it was released with those near Pioneer MRT and in Jln Bahar.

Back in Jul 07 it was also 8000+ applicants for 1000+ units and my Q was 500+, so really lucky. Also, bcos 1st time applicant get prioty, and if you are near to parents even higher prioty.

Good Luck.