Property Views

[Coolkidsrock2]

Is foundation necessary for a 2-3 storey landed? Is it included in the indicative range you provided? If No, how much more?


I have seen land on slopes with very high retaining walls. Presume got to check the condition of this very carefully.

Any other funny things that we need to look out for which may increase costs substantially?

[jetsetter]

pirated:

F/H landed $3.5m considered cheap if the land is not less than 1800 sqft, esp if there is at least two storeys on it. These days every one tends to max out on the permissible built up area, with attic as big as a 4 room HDB flat

Yes, most livable ones I viewed were around this $3-4 mil range too. But we're starting to see some \"lelongs\" at ~$2+mil for more dilapidated or early 1980s type of ppties released in the market. I think ppty prices will be falling further.

Maxing out is very common these days and many are blatantly violating BCA regulations by extending their patio, awnings to the edge of their fence, esp those backyard to backyard terraces.

[jetsetter]

Coolkidsrock2:

Is foundation necessary for a 2-3 storey landed? Is it included in the indicative range you provided? If No, how much more?


I have seen land on slopes with very high retaining walls. Presume got to check the condition of this very carefully.

Any other funny things that we need to look out for which may increase costs substantially?

Better have foundation! So many MRT and road tunnels being dug by govt.

Need to run soil tests. Structural enggr will take care of it.

I'm curious abt basement carpark costs.

[MrsKiasu]

When buy landed, should look at the selling price and land area to get the psf (of land only), not take psf x built in area to get total selling price right?


Looks like still have many other costs la

[MrsKiasu]

Coolkidsrock2:

Is foundation necessary for a 2-3 storey landed? Is it included in the indicative range you provided? If No, how much more?


I have seen land on slopes with very high retaining walls. Presume got to check the condition of this very carefully.

Any other funny things that we need to look out for which may increase costs substantially?

For slopes area, if foundation not right, can coz broken tiles on floor or walls or not..

[Coolkidsrock2]

MrsKiasu:

When buy landed, should look at the selling price and land area to get the psf (of land only), not take psf x built in area to get total selling price right?


Looks like still have many other costs la

I look at both prices if the house is brand new or new.

For those where the house is to be demolished, I look at land only. But need to include building costs in the total cost.

[jetsetter]

Coolkidsrock2:

MrsKiasu:

When buy landed, should look at the selling price and land area to get the psf (of land only), not take psf x built in area to get total selling price right?


Looks like still have many other costs la

I look at both prices if the house is brand new or new.

For those where the house is to be demolished, I look at land only. But need to include building costs in the total cost.

I look at both too. Propertyguru only puts land.

But agents these days tell buyers psf based on the built up area too, which is why new owners are furiously \"maxing out\" their permissible size by enclosing exposed ledges or balconies, filling up airwells, adding floors or extending sheltered porch or backyard.

In the past, buyers always look at the land area & agents will tell u psf based on tt only.

[pirated]

jetsetter:

Coolkidsrock2:

[quote=\"MrsKiasu\"]When buy landed, should look at the selling price and land area to get the psf (of land only), not take psf x built in area to get total selling price right?


Looks like still have many other costs la

I look at both prices if the house is brand new or new.

For those where the house is to be demolished, I look at land only. But need to include building costs in the total cost.

I look at both too. Propertyguru only puts land.

But agents these days tell buyers psf based on the built up area too, which is why new owners are furiously \"maxing out\" their permissible size by enclosing exposed ledges or balconies, filling up airwells, adding floors or extending sheltered porch or backyard.

In the past, buyers always look at the land area & agents will tell u psf based on tt only.[/quote]Max built up also must base on set back rules. Front gate to front door must be min 7.5m, back yard min 2m etc. check the URA website.

Number of floors depend on area zoning. Some three or two storeys, plus \"attic\"

[pirate]

jetsetter:

But agents these days tell buyers psf based on the built up area too, which is why new owners are furiously \"maxing out\" their permissible size by enclosing exposed ledges or balconies, filling up airwells, adding floors or extending sheltered porch or backyard.

In the past, buyers always look at the land area & agents will tell u psf based on tt only.

Also because it is easier to BS on built up area, unlike condos and strata houses where the strata area is in the title deeds. There is no precise definition of \"built up\". Even a non-covered carpark can be included in the built up area by unscrupulous agents - after all it is paved or tiled so it is \"built up\", no?

[pirated]

pirate:

jetsetter:

But agents these days tell buyers psf based on the built up area too, which is why new owners are furiously \"maxing out\" their permissible size by enclosing exposed ledges or balconies, filling up airwells, adding floors or extending sheltered porch or backyard.

In the past, buyers always look at the land area & agents will tell u psf based on tt only.

Also because it is easier to BS on built up area, unlike condos and strata houses where the strata area is in the title deeds. There is no precise definition of \"built up\". Even a non-covered carpark can be included in the built up area by unscrupulous agents - after all it is paved or tiled so it is \"built up\", no?

No. Built up for landed cannot bs also. You can request for building plan. Or get a survey done if you suspect the built up is too much bs. A survey cost less than a thousand bucks