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    To sell or not to sell our pty

    Scheduled Pinned Locked Moved Money Matters
    162 Posts 45 Posters 53.6k Views 1 Watching
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    • M Offline
      mummy of 2
      last edited by

      Well ils are quite willing to help her out but they may not be fully aware that they are doing themselves a disservice. They think they have enough money to live on but who knows if it will really last them till the end. We are not hoping that they will leave us an inheritance just that they have no money worries. Seems like sil has no such wish. All she wants is to rip them off. If she needs the money for something critical like medical emergency I can still understand. But no the money is just to make her own life easier.


      Btw think I’m getting OT. Better stop before moderator comes after me.

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      • C Offline
        ccgoh
        last edited by

        auntieM:
        Years ago I stayed in a townhouse in the east. The pool is a good size but security became an issue after several units got rented out. Some even convert their place to a 'student hostel'. Those units with front gates facing the road kept getting their gates damaged and forced open.. Heng we decided to move out by then..

        I heard about some townhouse units being full of people as they rent out the rooms to different people. Now deciding between a condo with not much facilities but very few units so more peaceful and one that has about 200 plus units but better facilities.

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        • V Offline
          verykiasu2010
          last edited by

          By Esther Teo


          New private home sales surged 21 per cent with 1,631 homes finding buyers last month.

          This is more than the 1,351 units sold in August.

          Including executive condos, the number swells further to 2,064 units. Top selling projects include A Treasure Trove near Punggol MRT Station, which saw a whopping 683 units sold at a median price of $915 per sq ft (psf).

          Euhabitat was second place with 138 units sold at a median price of $1,191 psf, followed by The Meyerise with 108 units sold at $1,789 psf.

          http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_724243.html

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          • L Offline
            LOLMum
            last edited by

            i am really really tempted to buy a 99 yr leasehold apt which is more than 20 years old.

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            • H Offline
              HAPPIEZ
              last edited by

              hang on to buying new property… now is seller’s market and also heard that in yr 2014, property supply will be > demand… by that time then buy…

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              • C Offline
                cherrygal
                last edited by

                Must wait till 2014? I cannot wait leh. Need to buy a place near my targeted school by Sep 2013 for PV application leh. Feel like just buying a small second property but that 60-40 loan thingy is too limiting.


                Really unfair that HDB dwellers can buy private properties but not the other way round. Should have bought that HDB flat before Mr Mah introduced that stupid policy.

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                • D Offline
                  dicky
                  last edited by

                  Rent Loh... 🦆

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                  • V Offline
                    verykiasu2010
                    last edited by

                    The Straits Times

                    http://www.straitstimes.com
                    Published on Oct 17, 2011

                    HDB upgraders setting pace in private property market


                    New private home sales surged 21 per cent with 1,631 homes finding buyers last month. This is more than the 1,351 units sold in August. Including executive condominium units, the number swelled to 2,064 units.

                    Mr Li Hiaw Ho, executive director of CBRE Research, said the high September volume was mainly supported by mass-market and upgrader-type projects, with a total of 433 executive condominium (EC) units sold in September, compared to 290 in August.

                    'It is likely that the latest Government move to raise the household income ceiling for EC buyers from $10,000 to $12,000 per month has given a boost to the sales momentum,' he added.

                    Arc At Tampines, the first EC project launched after the announcement, registered 233 units sold at a median price of $734 per sq ft (psf). RiverParc Residence in Punggol sold another 90 units ($685 psf) in addition to the 393 already sold, while Blossom Residences in Bukit Panjang sold 52 units at $706 psf on top of the 361 units sold earlier.
                    Copyright © 2011 Singapore Press Holdings. All rights reserved.

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                    • P Offline
                      peapot
                      last edited by

                      It’s true alot of people I know is selling now and renting till prices drop. When I m old, I will buy a HDB to stay. As of now, I find my Hse too big for my family. I have 5 bedrooms, 5 toilets, 1 roof terrace, 1 dry kitchen, 1 wet kitchen and only 3 of us in the Hse. When my husband is overseas, worst! I will be alone.

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                      • V Offline
                        verykiasu2010
                        last edited by

                        peapot:
                        It's true alot of people I know is selling now and renting till prices drop. When I m old, I will buy a HDB to stay. As of now, I find my Hse too big for my family. I have 5 bedrooms, 5 toilets, 1 roof terrace, 1 dry kitchen, 1 wet kitchen and only 3 of us in the Hse. When my husband is overseas, worst! I will be alone.

                        when your husband is overseas he brings the kid along ?

                        if i were you, i would rent out the house and rent a condo to stay, the rental difference would be extra income to pay for living expenses

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