Any landed to recommend?

[Scg8866t]

Hi I am new here. I am thinking of buying a landed. Price range around 1.5-2.5 mil. Can anyone recommend me?

[samuelk]

Hi I am new here. I am thinking of buying a landed. Price range around 1.5-2.5 mil. Can anyone recommend me?

the usual suspect is property guru.

You should be asking which type of property for landed to avoid.

[Ringo33]

Proper- t don't waste time talking about condo lah this poor fellow s waitin for your advise on landed

[proper-t]

Proper- t don't waste time talking about condo lah this poor fellow s waitin for your advise on landed

This chap has gone bonkers. We were discussing in another thread and suddenly he starts posting here. Need I say more about the stability of this person.

Perhaps the fact that someone is actually looking to buy a landed has sent him over the edge along with his deep disappointment/trauma suffered in the past


I was hoping for some sammyboy type of information. so disappointed.

[orange]

Hi I am new here. I am thinking of buying a landed. Price range around 1.5-2.5 mil. Can anyone recommend me?

Your budget S$2.5m?

The only type of landed you can get for that price in Singapore is those small old terrace houses in crap areas like Joo Chiat. And S$2.5m is just barely scraping it - the bottom of the barrel.

Most probably a tiny terrace about 40 years old and only one storey.

So you have to set aside about an additional S$1.5m to rebuild, to maximise your built-up space.

[princess_morbucks]

TS, you go read today's straits times.

For $2m, you can get a freehold landed home
But look out for hidden issues such as parking, cost of restoration: Analysts

[Rysk]

TS, you go read today's straits times.

For $2m, you can get a freehold landed home
But look out for hidden issues such as parking, cost of restoration: Analysts

For 400k, you can get a brand new (decent size) freehold terrace
Easily park 2 cars, wide frontage, no need to spend on restoration, just renovate & move in, nice golf course environment.. :D
http://www.propertyguru.com.my/property-listing/horizon-hills-2-storey-superlink-house-the-hills-f-2242766

[DC33_2008]

Are u sure so much? What is your $psf construction?
Your budget S$2.5m?

The only type of landed you can get for that price in Singapore is those small old terrace houses in crap areas like Joo Chiat. And S$2.5m is just barely scraping it - the bottom of the barrel.

Most probably a tiny terrace about 40 years old and only one storey.

So you have to set aside about an additional S$1.5m to rebuild, to maximise your built-up space.

[DC33_2008]

These are historical price. Now it has a gone from $1400psf to $1975psf. :scared-4:
TS, you go read today's straits times.

For $2m, you can get a freehold landed home
But look out for hidden issues such as parking, cost of restoration: Analysts

[MLP]

Proper- t don't waste time talking about condo lah this poor fellow s waitin for your advise on landed

Can you please don't paste your infamous chart in this thread? Every time you come in and you will start posting your favourite charts again and again. Because everybody will run away from this thread...And nobody is interested in your theory here! Please cooperate...Thanks...:scared-3:

[Ringo33]

Can you please don't paste your infamous chart in this thread? Every time you come in and you will start posting your favourite charts again and again. Because everybody will run away from this thread...And nobody is interested in your theory here! Please cooperate...Thanks...:scared-3:

You might have just make a big mistake by reminding me about the chart. Actually I will not post the old chart anymore because the new chart for Q113 is coming out soon.

Honestly what is the point of kidding yourself with all that fallacy about landed property when we all know that landed property prices is in for a major price correction. Even Apple stock can drop by 40%, you think landed property will be invincible?

And please loh, if you dont study charts what do you use? reading cut and paste numbers posted in this forum? gut feel?

And if you dislike the chart, why not ask URA to stop posting them?

[proper-t]

Can you please don't paste your infamous chart in this thread? Every time you come in and you will start posting your favourite charts again and again. Because everybody will run away from this thread...And nobody is interested in your theory here! Please cooperate...Thanks...:scared-3:


Don't bother about him. He can't even interpret his own charts. He thinks that landed corrected the most in 2000/2008 when in fact it was apartments/condos that fell the most. He has contradicted himself and fumbled so many times that I doubt anyone takes him seriously. Its purely for entertainment purpose.


And IIRC, the interest rate for during 2000 and 2008 were pretty stable, however we did see a massive price correction of landed property during both period, which I believe DSR for landed owners were clearly <50%.

[Scg8866t]

Thanks for the replies so far. Im currently looking at landed that doesnt require maintenance fee. Been looking at a few. Villa Verde, Westville, Westwood, Yunnan Gardens...and also a few units at Thomson..Anyone here know of any rare gems that I have missed?

[proper-t]

By no maintenance, you mean brand new or non-cluster housing? New launches by big developers for conventional landed are not many. There are a few houses which have been re-developed by independent owners turned developer which you can also look at but be sure to check quality.

Are you looking for any district or location in particular? What type of landed are you looking for, terrace, semi-d or detached.

Usually, once you nail down the locale you like, the best is to take a a drive around and look out for 'For Sale' signs.

Another method is to ask some agents who specialise in landed to hunt for you. Just give them your criteria and let them do the work.

And lastly, there's the usual propertyguru website.

[Ringo33]

obviously my recommendation to you is DONT TOUCH landed property at the moment. Dont be the sucker to buy landed property at the tail end of the property cycle, especially at the time when the wise one are exiting the market.

You will be better of buying 2 or 3 condo and use the rental income to rent landed property. let the landlord do all the dirty work, because many of them are desperate for tenant.

[proper-t]

Sure, you can certainly 'trust' the advice from someone who shamelessly promotes a development in which he owns a unit and even goes as far as alluding that a 3rd IR will be built in the proximity.



Ringo - You own a unit at Botannia right? You can expect more expats flowing to the west with the JLD and new international school.



The best place to invest in D5 now is Monterey Park and Botannia...



If there is ever going to be another IR, it will have to be at JLD and no where else.

OR someone who advises another not to buy Malaysian property in one thread and then, sings the praises of owning a malaysian property in another thread.





I said to buy a Msian property to live in using income from renting out a PC in Sg.....if rental is SGD4K this will be $10K RM..... enough to pay off $2M + RM loan.....of course you do not neck get a RM$2M + property, RM$1M can get you a decent Demi-D Cluster....over 3500Sqft built-up.



To buy a Malaysia property, you will need to put in sizable down payment as interest rate in MY is a lot higher than in Singapore. So it will not be worth while if one need to take up 70% loan for a Malaysia property.

I believe that rental market for Malaysia property is pretty lousy bad, so it might make more sense to actually park your money in another Singapore property and then use your rental to pay for your rent in Malaysia.

Advantage is that you are mobile and you can choose to return to Singapore anytime you want without having to worry about mortgage payment for your Malaysia property.



come 2020, I believe 20% of Singaporeans will own a FH landed property in Malaysia. Not many people will be bother about tiny overvalue terraces in Singapore.

In future I believe most people in Singapore will choose to live in compact apartments, and then own a weekend home in Malaysia.

Living landed property in Singapore (especially those with tiny land) will be deem as wasting money unless you belong to the elite group where money is secondary.