IT IS VERY OBVIOUS THAT

[blackjack21trader]

after changing my avatar photo, many here realised I am a Kungfu Master and hence all keep quiet and dun dare to reply to my posts.

[blackjack21trader]

Indeed, landed has crashed:

http://www.propertyguru.com.sg/listing/14943998/for-sale-jalan-chempaka-kuning

S$840,000 for a semi-D , I can buy 10 of them :doh:

[proud owner]

Indeed, landed has crashed:

http://www.propertyguru.com.sg/listing/14943998/for-sale-jalan-chempaka-kuning

S$840,000 for a semi-D , I can buy 10 of them :doh:

not a good example lah ...

21 years remaining ....

[blackjack21trader]

not a good example lah ...

21 years remaining ....

Do you have to spill the beans ? You keep quiet no one will say you quiet!

[blackjack21trader]

Landed will crash. Below is a little calculation of my GCB bought less than 3 years ago.


Selling Price: $18,000,000
agent comm: 2% = $360,000
lawyer's fee: $3500


Seller's stamp duty (SSD 12% ) =$ 2,160,000

Wait a sec, is that 2 as in 2 millions ?:doh:

[blackjack21trader]

Landed will crash. Below is a little calculation of my GCB bought less than 3 years ago.


Selling Price: $18,000,000
agent comm: 2% = $360,000
lawyer's fee: $3500


Seller's stamp duty (SSD 12% ) =$ 2,160,000

Wait a sec, is that 2 as in 2 millions ?:doh:

That is more expensive than a chempaka kuning semi-d arh !

[pod]

Indeed, landed has crashed:

http://www.propertyguru.com.sg/listing/14943998/for-sale-jalan-chempaka-kuning

S$840,000 for a semi-D , I can buy 10 of them :doh:

I wunder wat happens after 21 yrs? Will ura let owner extend a fresh lease of 99yrs for say $30k per year. so $30k x 99 =$2,97 million? lol

[moneytalk]

I wunder wat happens after 21 yrs? Will ura let owner extend a fresh lease of 99yrs for say $30k per year. so $30k x 99 =$2,97 million? lol

This area belongs to the estate of Koh Sek Lim.
Try asking his grandson, Daniel Koh at this url:

http://goodmorningyesterday.blogspot.sg/2008/06/balek-kampong-to-bedok-corner-part-2.html

I quote Mr.Daniel Koh from the webbie:

Daniel Koh said...
Hi Icemoon - No, Soo Bee is not related to me. Koh Sek Lim's estate comprises of Gulegah Road (now renamed as Xi Lin Avenue...Hanyu Pinyin for "Sek Lim") and Jalan Chempaka Kuning estate near Bedok Shopping Complex. The whole area of the current Singapore Expo once belonged to my grandfather too. If you know Koh Sek Lim kampong well, you'll remember there was a big disused sand pit quarry that later became a scenic lake where many drownings occurred. I remember seeing bodies being recovered by the then British Royal Navy divers. Coconut plantations were plentiful too. All these were forcibly acquired by the government in the name of progress and the owner was paid peanuts.

If any of you kampong fellas out there once lived in those areas, do drop me a line. It is certainly nice to reminisce over those good old days when catching spiders, playing bola hantam, chap-teh, catching guppies at dirty longkangs, etc were part of our daily activities. No, we were the rugged types. There were no such things as infections or catching a cold back then. My mates would probably be in their 50s or early 60s by now.

12 December, 2009

[blackjack21trader]

I wunder wat happens after 21 yrs? Will ura let owner extend a fresh lease of 99yrs for say $30k per year. so $30k x 99 =$2,97 million? lol

I doubt any extension would be allowed.

[blackjack21trader]

can't believe this kinda thread also got views!