View Full Version : Viva Vista (D5, Freehold, Oxley)
kenna sweet talk againAiya, actually i wanted say some things but doesn't achieve anything la.
Whatever you decide, make sure it's the best decision you can make with the information that you have, then just believe in it and don't stress too much.
Don't just flip when people here say something, and flop when agent says something else. Get info, get advice, decide and stick with it.
all the gurus advice lose to 1 agent? :confused: :confused:
"but hor now is a gamble on my agent's judgement" win or lose $$$, better to base on ur own judgement & not hers. At least u learn from ppty investment rather than learning from 'betting' on an agent.
now u gambling on 2 things, 1)upside 2)whether agent will mia. :beats-me-man:
do sincerely hope luck with u & agent will stick to her words ;).
The ruling still applies. If you sell your private, you still need to wait 3 years before you can buy a subsidised HDB (direct from HDB).
Come that time... HDB flats may be much cheaper than what is selling now... when new ones are of comparable price and the waiting time is short... no one will buy an older and outdated HDB flat if they can help it.
Comes that time.. the gap for private and MM may be futher widened and you find yourself in a bigger "negative equity" than before..
Don't lose ur HDB lah... hard to get it back with the new measures introduced. Do you know that previously if you sold your private, you HAVE TO WAIT 3 years before you can buy a HDB? But I think now they would allow you to sell and buy almost immediately (but raise the MOP from 3 years to 5 years)...
Life is a gamble anyway.. do you own betting... win or loose happily.
So what's the biggest negative to your agent if her advice is wrong? You can't sue her at most cry over it. Even if you make money from this doesn't neccessarily mean you'll buy from her again.
And if she is so sure about investments she won't be an agent liao
stalingrad
03-09-10, 16:14
You guys are all fooled by her. It's not that she is fooled by her agent. She understands that the agent has no credibility.
the true reason that she is keeping the MM unit is that she doesn't want to lose that $8,000. that is a lot to her. get it?
You guys are all fooled by her. It's not that she is fooled by her agent. She understands that the agent has no credibility.
the true reason that she is keeping the MM unit is that she doesn't want to lose that $8,000. that is a lot to her. get it?
Fear of losing 8K may lead to actual loss of 80K...anyway I wish her the best.
I am not scare of losing the 8k and I might be wrong in judgement of people. But I try to believe that there are still nice people who are genuinely sincere in helping others. The thought of giving up vv is because I find it too small for own stay. Other than that, that unit is a choice unit facing south buona vista road, no west sun. If I had gone down earlier that day to the vvip and get a 1+1, I will not think of giving up at all.
Fear of losing 8K may lead to actual loss of 80K...anyway I wish her the best.
During a peak/bullish period, she's paying $500psf over and above an average $1000psf for the area (i'm being generous too). So on paper, the premium she's paying during peakish times is about $200k.
In lacklustre periods, it is not inconceivable that the market decides that the average PSF of the area is $1000psf.
In bubble bursting periods, average PSFs of the area might even reach $700-$800psf or less. VV sellers will have to contend with owners of parc imperial and others along the stretch who will lose nothing buy selling at breakeven or small profit at those levels.
That would extend her paper losses from a $200k, to $350k on paper. Simply because it was overpriced to begin with.
I am not scare of losing the 8k and I might be wrong in judgement of people. But I try to believe that there are still nice people who are genuinely sincere in helping others. The thought of giving up vv is because I find it too small for own stay. Other than that, that unit is a choice unit facing south buona vista road, no west sun. If I had gone down earlier that day to the vvip and get a 1+1, I will not think of giving up at all.
You are doing the right decision. Buy when you have the cassssssssssh!
Don't worry, just buy. If it don't work out? Just call you agent and make her pay for it. Taxi uncle make alot of money betting on horses right? Give the agents a chance! Lorong got street walkers also but 40 plus too old. Maybe can charge $40 only.
ask her whether she is willing to put down in black and white?
otherwise dun talk about trust lol ~
The agent is damn smart. By making the advices above, she will make three times commission from her instead of none if she is successful....first for this unit, second for selling later and third for selling her another 2bdrm unit....
Worse case scenario...she still earn at least one time commission without taking any risk...:scared-4:
If she has the holding power to hold long long for this freehold property then shouldnt lead to loss right?? Assuming she is a firm believer of jlrx's propertism? Unless she cannot hold then hard to say.. short term nobody knows..
Fear of losing 8K may lead to actual loss of 80K...anyway I wish her the best.
i am in the wrong trade. work for hours, put together justification prezos, present to boards of directors just to close contracts. this agent sweet talk here and there can liao. at least i don't harm livelihoods just for commissions.....
Honest agents maybe can make it during good times.
Once they go throught one complete cycle (up and down times) - they see how the 'aggressive' agents earn more through their 'sales techniques' with virtually no risk!
I much prefer investing in equity market (kelong but liquid and undifferentiated). But property is sentimental esp to us Asians - got to have it.
i am in the wrong trade. work for hours, put together justification prezos, present to boards of directors just to close contracts. this agent sweet talk here and there can liao. at least i don't harm livelihoods just for commissions.....
If she has the holding power to hold long long for this freehold property then shouldnt lead to loss right?? Assuming she is a firm believer of jlrx's propertism? Unless she cannot hold then hard to say.. short term nobody knows..
Young Girl... its very clear in Short Term. Its not so clear in the Long Term.
If can hold forever.. practically no loss unless acquire by Govt. Even if property is $100k only, she is alright as long as she don't sell.
If no money to pay mortgage, and the market has turn sour... fall of 30% from her purchase price and the property has to be put up for auction. What do u think will happen to her 20% down. Not enough right?
devilplate
03-09-10, 18:59
During a peak/bullish period, she's paying $500psf over and above an average $1000psf for the area (i'm being generous too). So on paper, the premium she's paying during peakish times is about $200k.
In lacklustre periods, it is not inconceivable that the market decides that the average PSF of the area is $1000psf.
In bubble bursting periods, average PSFs of the area might even reach $700-$800psf or less. VV sellers will have to contend with owners of parc imperial and others along the stretch who will lose nothing buy selling at breakeven or small profit at those levels.
That would extend her paper losses from a $200k, to $350k on paper. Simply because it was overpriced to begin with.
parc imperial first launch at 1.2-1.3kpsf....so i guess VV downside risk ard there...most imptly for MM units is whether the layout is livable and rentable anot....mabe she can post the layout she bot? or pm me?
devilplate
03-09-10, 19:02
Why is this area so hot?
anywhr tat is low quantum and near MRT will be hot....previously, leicester suites, topaz all sold out....even MM in geylang
BUT i dun find VV near enuff to MRT....probably 10mins walk...i prefer within 5mins walk for MM
That's why overpaying to such a large extent (50%) of current peak avg prices for a locality is just begging for a loan topup during bad times.
Prices falling fr $1200psf to $1000psf is one thing, but at least the buyer is safe as it's within the 20% deposit threshold. Imagine the whole area falls to $1000psf but one bought at $1550psf. That's a 47% fall. That's a bank topup of $100k just to reach back to 80% LTV
applelemon
03-09-10, 19:05
Checked the distance. Mrt is abt 500 m away. 7 mins walk. I walked myself to verify distance
parc imperial first launch at 1.2-1.3kpsf....so i guess VV downside risk ard there...most imptly for MM units is whether the layout is livable and rentable anot....mabe she can post the layout she bot? or pm me?
oops, ok then her premium is 25% over mean
That's why overpaying to such a large extent (50%) of current peak avg prices for a locality is just begging for a loan topup during bad times.
Prices falling fr $1200psf to $1000psf is one thing, but at least the buyer is safe as it's within the 20% deposit threshold. Imagine the whole area falls to $1000psf but one bought at $1550psf. That's a 47% fall. That's a bank topup of $100k just to reach back to 80% LTV
Sensible post.
Didn' you guys know that PM announced 3 new MRT lines during the national rally? Go watch it if you don't know. Govt has all the lines pre planned already. They are holding back because 6.5 mil popoluation is not here to support the line ridership yet.
Eventually, most parts of the island will have access to MRT. It will not be that great anymore. People will start looking for unblocked views, near to reserviour or park view etc. This is especially so when they can afford to drive and kids are either grown up to be able to take buses not no kids.
Landed folks never fancy MRT stations. If have its a plus.. sometimes it takes away their privacy. If dun have also alright.
devilplate
03-09-10, 19:12
Checked the distance. Mrt is abt 500 m away. 7 mins walk. I walked myself to verify distance
ok...i wasnt so sure...tats y i say probably take 10min
just a question for u since u bot a unit at VV....how come u dunwan to choose Parc Imperial which is ready and much nearer to MRT? can collect rental or move in in 3mths time rather den wait for 3yrs....both about the same PSF rite...:)
ok...i wasnt so sure...tats y i say probably take 10min
just a question for u since u bot a unit at VV....how come u dunwan to choose Parc Imperial which is ready and much nearer to MRT? can collect rental or move in in 3mths time rather den wait for 3yrs....both about the same PSF rite...:)
Yes, fully agree... that would make better sense.
Cheaper, ready and can see and touch.
Some taxi couple are in for a ride. Woo Hoo~
devilplate
03-09-10, 19:16
Sensible post.
Didn' you guys know that PM announced 3 new MRT lines during the national rally? Go watch it if you don't know. Govt has all the lines pre planned already. They are holding back because 6.5 mil popoluation is not here to support the line ridership yet.
Eventually, most parts of the island will have access to MRT. It will not be that great anymore. People will start looking for unblocked views, near to reserviour or park view etc. This is especially so when they can afford to drive and kids are either grown up to be able to take buses not no kids.
Landed folks never fancy MRT stations. If have its a plus.. sometimes it takes away their privacy. If dun have also alright.
landed different category
for mass-mid market condos, MRT will become a MUST in future....so in order to make it attractive to future buyers, u will nid special attributes like views, shopping mall etc etc
however, if not near MRT at all....den will be very tough to sell or rent when all other lines r up.....simply too many choices to choose from
SO, MRT will be a MUST and not a BONUS anymore in future:2cents:
ok lah, you win :)
I prefer to drive. MRT is too slow and extremely packed. It's for the working class and the smell of sweat can hang in the air for a long time. Sometimes the body odour and sweat from parabooneks will stunk u
I can afford to buy landed only $300k but left only 10 yr lease.
You can also check out those around rail way mall.
Purely for self stay. Retirement village.
Which $300k but left 10 year lease area are u looking at?
devilplate
03-09-10, 19:30
ok lah, you win :)
I prefer to drive. MRT is too slow and extremely packed. It's for the working class and the smell of sweat can hang in the air for a long time. Sometimes the body odour and sweat from parabooneks will stunk u
er...ever since i drive...i nvr like to take MRT again:D
i m just saying as an investment point of view.....personal preference is too subjective:cheers1:
devilplate
03-09-10, 19:34
You can also check out those around rail way mall.
Purely for self stay. Retirement village.
Which $300k but left 10 year lease area are u looking at?
i read smwhr b4....places like tanah merah and geylang....lease r running very low....
er...ever since i drive...i nvr like to take MRT again:D
i m just saying as an investment point of view.....personal preference is too subjective:cheers1:
No need soley with MRT. Invest in Sentosa Condo/landed also good. No MRT there right? Missed the boat? Pulau Ubin, St John Island etc also good.. just not for sale.
i read smwhr b4....places like tanah merah and geylang....lease r running very low....
Changi etc.. those area...
These info must get from real property guru's.
devilplate
03-09-10, 19:47
No need soley with MRT. Invest in Sentosa Condo/landed also good. No MRT there right? Missed the boat? Pulau Ubin, St John Island etc also good.. just not for sale.
yes...missed the boat of no return for sentosa cover condos.....when sentosa cove firesales appear.....i dun haf enuff funds.....no fated:(
wat i missed is LANDED.....nvr exercise my privileges so far....no HDB nor landed:mad:
applelemon
03-09-10, 19:48
in fact parc imperial is more ex than vv.
ok...i wasnt so sure...tats y i say probably take 10min
just a question for u since u bot a unit at VV....how come u dunwan to choose Parc Imperial which is ready and much nearer to MRT? can collect rental or move in in 3mths time rather den wait for 3yrs....both about the same PSF rite...:)
devilplate
03-09-10, 19:49
in fact parc imperial is more ex than vv.
PSF wise similar...but yes...quantum wise higher
Try looking beyond the coastline from VV.
Wow...after I told you guys and gals, I'm keeping the unit... a few were offended or perhap upset, I don't know...and had posted nasty, mean and insulting remarks...
Thank you again for sharing, but please be kind in your words......
You are doing the right decision. Buy when you have the cassssssssssh!
Don't worry, just buy. If it don't work out? Just call you agent and make her pay for it. Taxi uncle make alot of money betting on horses right? Give the agents a chance! Lorong got street walkers also but 40 plus too old. Maybe can charge $40 only.
Ok.. its me, don't take it to heart. I have nothing to gain or lose when you buy or sell. I am just having some fun to kill my boredom. I would like to see your angry replies, which never come. Good!
Wow...after I told you guys and gals, I'm keeping the unit... a few were offended or perhap upset, I don't know...and had posted nasty, mean and insulting remarks...
Thank you again for sharing, but please be kind in your words......Aiya cuz ppl think u waste the forum's time mah. Not only that, ignore advice from several sources that's about as objective as it can get, but believe someone who most likely has their own self interests above yours.
People sure will get fed up, expected la.
applelemon
03-09-10, 21:29
parc imperial latest caveat lodge is $1583 psf for 398 psf. Vv is only 1460.
PSF wise similar...but yes...quantum wise higher
Expect TOP in 2015 only, I'm thinking to let go the 8k and wait for better opportunity and bargain. Cos currently market at it's Peak, thinking 5 years down the road, with the new measurement there will be more supply and lesser demand, and buyer/tenant will have more choices, price might not go up, then my money will be stuck for 5 years or even longer.
The power of sweet talking by agents.
One day say don't want to exercise
Another day said want to exercise
Thereafter said dun want to exercise
Another day said want to exercise
What are you trying to do? Loose weight?
The power of sweet talking by agents.
One day say don't want to exercise
Another day said want to exercise
Thereafter said dun want to exercise
Another day said want to exercise
What are you trying to do? Loose weight?
Green horn to private property -> http://forums.condosingapore.com/showthread.php?p=107583#post107583
Very smart, market at peak, money stuck for 5 years or more
http://forums.condosingapore.com/showpost.php?p=107629&postcount=87
No spare cash to buy another for own stay
http://forums.condosingapore.com/showpost.php?p=107660&postcount=90
Still considering
http://forums.condosingapore.com/showpost.php?p=107717&postcount=95
Bought on impulse, learnt my lesson now, first investment in property
http://forums.condosingapore.com/showpost.php?p=107830&postcount=100
Also bang the wall
http://forums.condosingapore.com/showpost.php?p=107856&postcount=105
Agent disuade me, if hold on, have to wait long
http://forums.condosingapore.com/showpost.php?p=107979&postcount=118
Very smart, wiser now
http://forums.condosingapore.com/showpost.php?p=108001&postcount=120
Break the news to agent
http://forums.condosingapore.com/showpost.php?p=108001&postcount=121
Agent disuade me 2
http://forums.condosingapore.com/showpost.php?p=108001&postcount=130
Seen a real life MM unit, realised its to small (actually hers is also going to be almost the same!!!!)
http://forums.condosingapore.com/showpost.php?p=108001&postcount=131
Ask for help!
http://forums.condosingapore.com/showpost.php?p=108001&postcount=132
Actually looking elsewhere if not for agent (seems a much much beter choice as for self stay)
http://forums.condosingapore.com/showpost.php?p=108001&postcount=133
Vote count says return
http://forums.condosingapore.com/showpost.php?p=108001&postcount=138
Try to make some fun out of this
http://forums.condosingapore.com/showpost.php?p=108001&postcount=141
Clever plan
http://forums.condosingapore.com/showpost.php?p=108001&postcount=142
Clever plan 2
http://forums.condosingapore.com/showpost.php?p=108001&postcount=147
Thanking for her good luck and government
http://forums.condosingapore.com/showpost.php?p=108001&postcount=151
Self awareness 388 really cannot
http://forums.condosingapore.com/showpost.php?p=108001&postcount=153
Doing her sums for returning the unit
http://forums.condosingapore.com/showpost.php?p=108001&postcount=154
Agent disuade me 3 - very sincere and made her commit even though it differs from her original plan
http://forums.condosingapore.com/showpost.php?p=108001&postcount=156
Must be at least 600 sqf size
http://forums.condosingapore.com/showpost.php?p=108001&postcount=159
Willing to stay in new HDB, shares more liquid and flexible
if hdbs allow me to buy new 3rm flat, I will not buy condo liao, keep the money, buy shares more liquid and flexible..
http://forums.condosingapore.com/showpost.php?p=108202&postcount=160
Will not sell away HDB even if MM lose money - die die some more
http://forums.condosingapore.com/showpost.php?p=108202&postcount=165
Agent disuade me 4, I very soft ear one.. stopid is a better word?
http://forums.condosingapore.com/showpost.php?p=108202&postcount=168
Can do better analysis than I thought.. cannot use stopid on her
http://forums.condosingapore.com/showpost.php?p=108202&postcount=183
Looking at best $20k gain, GOD knows its actually at least 20% lost coming.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=191
Still looking at $20k..Agent disuade me 5. PM earlier by devilplate for part time maid. She's really talking to the devil. Don't even know it.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=193
Agent Disuade me 6. As a friend and not agent. Do you sue a friend or agent for wrong advice. I know friends part when one gets into trouble. They are call fair weather friends. Agent can be friends meh? Agents are money driven with no conscience. The better and more ethical ones do exist but are very rare.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=196
Still pondering if the risk is worth it
http://forums.condosingapore.com/showpost.php?p=108202&postcount=199
to be continued
:) :banghead: :simmering: :) :banghead: :simmering:
:) :banghead: :simmering: :) :banghead: :simmering:
Confirmed letting OTP lapse
http://forums.condosingapore.com/showpost.php?p=108202&postcount=217
PM by applelemon? God Knows what's in it. (Sour deal is hinted, Looks like apple, but when you eat the apple, it taste like lemon)
http://forums.condosingapore.com/showpost.php?p=108202&postcount=220
Still thinking about orginal plan of 2 or 2+1 for self stay
http://forums.condosingapore.com/showpost.php?p=108202&postcount=228
Confirmed Letter OTP lapse 2
http://forums.condosingapore.com/showpost.php?p=108202&postcount=233
Thank us guys - you guys are great
http://forums.condosingapore.com/showpost.php?p=108202&postcount=237
Kanna sweet talk by agent, agent disuade me 8?? Getting lost in counting~~~ seek blessings from us to wish her luck. Of course she needs luck, she needs lot of it. It may be the biggest mistake of her life. Luck cannot save her.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=244
Needs more luck
http://forums.condosingapore.com/showpost.php?p=108202&postcount=247
Have faith in people. Choose to believe agent (after her money) and not anyone else in the forum
http://forums.condosingapore.com/showpost.php?p=108202&postcount=257
She may be stuck with it for a long long time and cannot buy her dream home.
:doh: said enough and a lesson for others.
The power of sweet talking by agents.
One day say don't want to exercise
Another day said want to exercise
Thereafter said dun want to exercise
Another day said want to exercise
What are you trying to do? Loose weight?
haaaaaaaa!! :jump-for-joy: last sentence funni
Regulators
03-09-10, 23:32
the reason is simple. for the little bit of time you put into the job and some luck, you get huge returns. Imagine if you got kang tao and know some rich China man or Indonesia businessman who wants to buy a 10 million penthouse in singapore, you have struck gold. Close one deal and u r richer by 100k. This to me is damn easy money, better than working in office for a measly pay packet imo.
Why is this area so hot?
Wah Cashrich, after your summary, even I, a bystander, am a little irritated with Hetongshi's yo-yo-ing. I know hindsight is 20/20, but I knew she will not sell...
Confirmed letting OTP lapse
http://forums.condosingapore.com/showpost.php?p=108202&postcount=217
PM by applelemon? God Knows what's in it. (Sour deal is hinted, Looks like apple, but when you eat the apple, it taste like lemon)
http://forums.condosingapore.com/showpost.php?p=108202&postcount=220
Still thinking about orginal plan of 2 or 2+1 for self stay
http://forums.condosingapore.com/showpost.php?p=108202&postcount=228
Confirmed Letter OTP lapse 2
http://forums.condosingapore.com/showpost.php?p=108202&postcount=233
Thank us guys - you guys are great
http://forums.condosingapore.com/showpost.php?p=108202&postcount=237
Kanna sweet talk by agent, agent disuade me 8?? Getting lost in counting~~~ seek blessings from us to wish her luck. Of course she needs luck, she needs lot of it. It may be the biggest mistake of her life. Luck cannot save her.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=244
Needs more luck
http://forums.condosingapore.com/showpost.php?p=108202&postcount=247
Have faith in people. Choose to believe agent (after her money) and not anyone else in the forum
http://forums.condosingapore.com/showpost.php?p=108202&postcount=257
She may be stuck with it for a long long time and cannot buy her dream home.
:doh: said enough and a lesson for others.
devilplate
04-09-10, 00:08
parc imperial latest caveat lodge is $1583 psf for 398 psf. Vv is only 1460.
wow...u r right! 1632psf liao lor!!! The Power of MM!
1460psfX1.1=1606psf...hmmm....looks like 10% gain is possible wor
253C Pasir Panjang Road #05-24
Freehold
$1632
398
$650k
20 Aug 10
253A Pasir Panjang Road #05-12
Freehold
$1632
398
$650k
19 Aug 10
devilplate
04-09-10, 00:41
but seriously, i cannot find much freehold/999 proper sized 2bedder below 700k at the moment
devilplate
04-09-10, 00:43
bibiddy bobiddy boo
errr....i remember seeing a nice essay jus now:p
Wah Cashrich, after your summary, even I, a bystander, am a little irritated with Hetongshi's yo-yo-ing. I know hindsight is 20/20, but I knew she will not sell...
Thanks. At least I know who are agents and who are not.
errr....i remember seeing a nice essay jus now:p
no point lah, if i start on this one then it will never end, and no point driving the stake deeper.
and just the other day foreign visitors were asking me why there was such a large class difference in singapore.
My answer: Kiasuism
wow...u r right! 1632psf liao lor!!! The Power of MM!
1460psfX1.1=1606psf...hmmm....looks like 10% gain is possible wor
253C Pasir Panjang Road #05-24
Freehold
$1632
398
$650k
20 Aug 10
253A Pasir Panjang Road #05-12
Freehold
$1632
398
$650k
19 Aug 10
In dream land? That WAS before the annoucement. The new annocements "Cooling Measures" impacts will be felt 3 to 6 months later. If you have patience, wait a while and you can see that real impact. You are too expert to know it and yet post it.
Misleading others? What drives you?
WTS Brand New iPhone 4 16GB for $1688, no box, no accessories, deliver in 5 years time. if interested, call 6253 0030
WTS Brand New iPhone 4 16GB for $1688, no box, no accessories, deliver in 5 years time. if interested, call 6253 0030
Nice one...who would want to buy them in 5 years when its iPhone 5 6 7,8 or 9 then.
Is that your number to call?
parc imperial latest caveat lodge is $1583 psf for 398 psf. Vv is only 1460.
That's the price 3 months ago. You come back 3 months later and see the difference.
parc imperial latest caveat lodge $1200 t $1400 psf.
Vv is only $1300 to $1500 psf ?
Not exact on the range there but just to give you an idea..it will drop
I don't know why anyone would rush to go to hell? The hell gates has just closed but people are still running into it... strange people.
proud owner
04-09-10, 02:46
That's the price 3 months ago. You come back 3 months later and see the difference.
parc imperial latest caveat lodge $1200 t $1400 psf.
Vv is only $1300 to $1500 psf ?
Not exact on the range there but just to give you an idea..it will drop
I don't know why anyone would rush to go to hell? The hell gates has just closed but people are still running into it... strange people.
remember i saw an advert in Singapore sometime ago ..
a chicken flagging to his fellow chicken ...and they happily walk into some machine and come out as packed fresh cut chicken on a conveyor belt
remember i saw an advert in Singapore sometime ago ..
a chicken flagging to his fellow chicken ...and they happily walk into some machine and come out as packed fresh cut chicken on a conveyor belt
hahah I like this one.
Old Ah Beng Chicken
http://www.youtube.com/watch?v=p_2_EJogf2A
applelemon
04-09-10, 06:53
cashrich, don't jump into any conclusion. I just ask her what is her unit no? Can't i?
Confirmed letting OTP lapse
http://forums.condosingapore.com/showpost.php?p=108202&postcount=217
PM by applelemon? God Knows what's in it. (Sour deal is hinted, Looks like apple, but when you eat the apple, it taste like lemon)
http://forums.condosingapore.com/showpost.php?p=108202&postcount=220
Still thinking about orginal plan of 2 or 2+1 for self stay
http://forums.condosingapore.com/showpost.php?p=108202&postcount=228
Confirmed Letter OTP lapse 2
http://forums.condosingapore.com/showpost.php?p=108202&postcount=233
Thank us guys - you guys are great
http://forums.condosingapore.com/showpost.php?p=108202&postcount=237
Kanna sweet talk by agent, agent disuade me 8?? Getting lost in counting~~~ seek blessings from us to wish her luck. Of course she needs luck, she needs lot of it. It may be the biggest mistake of her life. Luck cannot save her.
http://forums.condosingapore.com/showpost.php?p=108202&postcount=244
Needs more luck
http://forums.condosingapore.com/showpost.php?p=108202&postcount=247
Have faith in people. Choose to believe agent (after her money) and not anyone else in the forum
http://forums.condosingapore.com/showpost.php?p=108202&postcount=257
She may be stuck with it for a long long time and cannot buy her dream home.
:doh: said enough and a lesson for others.
applelemon
04-09-10, 07:02
Ok ok. Let u win. Your prediction will come true. All property owners who bought the new launches eg scala, Dorsett, vv, nv, waterfront, rangoon mm will suffer great losses. I hope u will remember to pick them up at great bargains. Congrats!
That's the price 3 months ago. You come back 3 months later and see the difference.
parc imperial latest caveat lodge $1200 t $1400 psf.
Vv is only $1300 to $1500 psf ?
Not exact on the range there but just to give you an idea..it will drop
I don't know why anyone would rush to go to hell? The hell gates has just closed but people are still running into it... strange people.
applelemon
04-09-10, 07:09
Din mean to exclude W residences. I know u are cash rich. Good luck in your hunts.
Ok ok. Let u win. Your prediction will come true. All property owners who bought the new launches eg scala, Dorsett, vv, nv, waterfront, rangoon mm will suffer great losses. I hope u will remember to pick them up at great bargains. Congrats!
I am not scare of losing the 8k and I might be wrong in judgement of people. But I try to believe that there are still nice people who are genuinely sincere in helping others. The thought of giving up vv is because I find it too small for own stay. Other than that, that unit is a choice unit facing south buona vista road, no west sun. If I had gone down earlier that day to the vvip and get a 1+1, I will not think of giving up at all.
Been buying flipping since 2008. Dispose all at 2nd quarter just wanna sit back ,relax and see the market movement. Why wrry if u got the money to buy and the time to wait? I had long given up seeing all the spiked up price. I rather not get stucked for the next few yrs wf zero growth,if property not the game anymre. And wf so many owners having hdb to rent out to cover the condo mortgages. Hdb vs condo rental prices might be attractive to the Entry level FTs..
devilplate
04-09-10, 12:27
In dream land? That WAS before the annoucement. The new annocements "Cooling Measures" impacts will be felt 3 to 6 months later. If you have patience, wait a while and you can see that real impact. You are too expert to know it and yet post it.
Misleading others? What drives you?
dun like dat la....i am not GOD....i dun predict the future and i am just a trend follower.
i just cut and paste FACTS. applemon says PI more exp more....supported with facts mah:p
most imptly, at tat point of purchase, VV buyers cannot find any units at PI selling below or same psf as VV.
devilplate
04-09-10, 12:35
That's the price 3 months ago. You come back 3 months later and see the difference.
parc imperial latest caveat lodge $1200 t $1400 psf.
Vv is only $1300 to $1500 psf ?
Not exact on the range there but just to give you an idea..it will drop
I don't know why anyone would rush to go to hell? The hell gates has just closed but people are still running into it... strange people.
compare prices with similar sized units ....dun compare a banana with an apple ok...hehe
leme post this story again:
Ah Gong A used his 30k to buy a HDB last time
Ah Gong B put his 30k in FD instead and rent a HDB unit at $30/mth
Today, HDB worth 400k while a room rental cost $500/mth
BUT, there is another Ah Gong C who spend away his 30k on cars etc. Ah Gong B can laugh at Ah Gong C:D
The choice is urs:D
compare prices with similar sized units ....dun compare a banana with an apple ok...hehe
leme post this story again:
Ah Gong A used his 30k to buy a HDB last time
Ah Gong B put his 30k in FD instead and rent a HDB unit at $30/mth
Today, HDB worth 400k while a room rental cost $500/mth
BUT, there is another Ah Gong C who spend away his 30k on cars etc. Ah Gong B can laugh at Ah Gong C:D
The choice is urs:D
lol..... for me it's C first, then A. Life is short, carpe diem!
Then of course there is Ah Gong D who spent on 4D, Toto, IR... :doh:
He Tong Shi (Very Know"ledgeable" Things) gone exercising.
I think after a while, its He Tio Shit (He Kanna stuck with shit)
Yes, fully agree... that would make better sense.
Cheaper, ready and can see and touch.
Some taxi couple are in for a ride. Woo Hoo~
This I agreed. Its an arbitrarge. Take the difference of a few years rental income if buy parc imperial over vv.
Been buying flipping since 2008. Dispose all at 2nd quarter just wanna sit back ,relax and see the market movement. Why wrry if u got the money to buy and the time to wait? I had long given up seeing all the spiked up price. I rather not get stucked for the next few yrs wf zero growth,if property not the game anymre. And wf so many owners having hdb to rent out to cover the condo mortgages. Hdb vs condo rental prices might be attractive to the Entry level FTs..
smart.. that was what I was preaching in Apr 2010.. After the g's annoucement. I saw it all coming.
devilplate
05-09-10, 18:11
smart.. that was what I was preaching in Apr 2010.. After the g's annoucement. I saw it all coming.
sell all? sell half? 1hdb+1condo how? sell all got chance tio taxman kopi session too:hell-hath-no-fury:
dear hetongshi, really, how in the world did this agent manage to "plant" (aka "Inception") the idea of a "20k profit" into you ....? :scared-5:
what "risk" ?
you risk yourself a 500k loss now ! instead of a 8k lesson.
Wise words indeed from Jason Lai.
Checked the distance. Mrt is abt 500 m away. 7 mins walk. I walked myself to verify distance
I often take that walk, the duck rice near the corner is very nice.
The beatiful houses along the walk makes me forget I am in busy Singapore. Even it is a raining day, the road is not bad. For a shinning day, the trees take good shade.
Thanks,
Richard
My view is that with the new ruling, it is in fact good news for private property with low quantum, e.g. mass market condos...
Reasoning being
Those HDB "X generations" who were buying and upgrading to mass/mid market condos are already staying well beyond their HDB's MOP...so this segment is not really affected at all.
They are not bound by the new ruling,
and continue to be ready pool of buyers for mass market condos...
Also, a segment of private property owners were buying into HDB resales as well for "investment/rental",
but with the new ruling, they can't buy resale HDB anymore...
they will have to instead start turning into buying private property for investment instead - especially those with lower quantum...
thus this renewed segment providing more support for mass market private property...
For those stay in HDB and want to buy Private, they need to pay 30% or fully pay thier HDB, so less money to buy Private.
For those in Private, if what they want is return, they have other choices: bonds, stocks or REITs.
Thanks,
Richard
kenna sweet talk again.. my agent says she'll help to sub-sale my unit 3mths or 1 yr later, quoting Dorsett Residences and told me not to worry lah...dun waste the 8k.....then help me find 2bd again to align to my original plan...ask me only buy in 9-12mths time...dun buy now...
Asked her I can trust her or not, wat she mia after I exercise...she says to trust her...long term relationship...she wouldn't want to see her client lose money too..
Think she will not bluff me lah...since she knows I want to buy another unit...can earn from me again...if anything goes wrong...she knows she lose another opportunitiy to earn comm...cos I will not trust and buy from her again...
Actually I'm ok to lose the 8k...but hor now is a gamble on my agent's judgement...
Wish me luck!
If the buyer decides not to proceed to exercise the option, the agent will not get the commission from Developer, am I right? (You all know I am not an agent.) So there is a conflict of interests here: agent has incentive to close the deal.
Anyway, MM is not good for own stay. I have made my mistake. It is far too small compared with my HDB! So I have to rent it out ... and start to hunt (or wait) for at least a 2 bed room for own stay.
Thanks,
Richard
amazing, and after all the advice given as well
Now I know the power of face to face communication. It reminds me on how people loss money when stock brokers sweet talk, or insurance agents sweet talk.
Maybe this forum will need to have face to face meeting from time to time. But we are all busy ...
How about when VV is TOP, and let's have a drink there? I really want to meet with some of you guys face to face: gfoo, PropertyHunter, Bargin Hunter, Pround Owner, cashrich, depresed, HouseWife and the dear owner.
Thanks,
Richard
Wow...after I told you guys and gals, I'm keeping the unit... a few were offended or perhap upset, I don't know...and had posted nasty, mean and insulting remarks...
Thank you again for sharing, but please be kind in your words......
I hope you are still reading this forum. Since we are not professioinal property players, we won't be able to time the market. My friend bought a 3 bedder at East Coast for 1.1M in 2007, it then dropped to 0.8M. But now it is 1.3M. So if you intend to hold for ever, it is ok to buy at any time. In particular, if you have no kids, it is a good idea to have income property. VV should give you S$1K - S$2.5K rental depending on the market, good suplement income to survive.
Now you need to work out your finance to make sure you can hold it for ever.
First, secure your loan from a bank. Use the same lawyer for your purchase. It will save cost. (Bank will normally absorb the lawyer fee, but you have to use the lawyer recommended by the bank). Try to get the max loan and the longest loan period.
Second, put aside at least S$100K hard cash just for this property. In case the price drops to S$1000 psf, when you enter into negative equity, the bank may ask you to pay a lum sum to bring up the equity. Your future rental income might be less than monthly morgage payment for some periods, your S$100K will be the buffer. Suggest you open a joint bank account just for this property, so you will not tap it for stocks.
Third, hold HDB tightly. Do not pay down the $50K. When you use it to buy your 2nd private property, it will be very useful for your down payment. Together with the money you borrow from the bank, you can have S$166K more to buy your 2nd property ($50K / 0.3 = S166K). S$166K is a lot - good enough for you to say good bye to MM.
Fourth, you need to save and wait. When the next financial crisis comes (who knows, it might be in Year 2017 or 2019), you can buy your 2nd property. A good indicator is COE price drops to less than $5K (1997 and 2008). Consider 99LH if you have no kids. My other friend who has no kids are holding 3 properies - all 99LH. The rental yield is higher. If you don't mind a nice retirement place in outer city, it can be half the psf price compared with Pasir Panjang.
In the mean time, you need to study the Web site of URA, IRAS, not just HDB and CPF.
Enjoy the fun of being an owner.
Thanks,
Richard
PS. Change your agent. You need to have control, don't let her to control you.
Wow...after I told you guys and gals, I'm keeping the unit... a few were offended or perhap upset, I don't know...and had posted nasty, mean and insulting remarks...
Thank you again for sharing, but please be kind in your words......
I am learning Behavial Finance over the weekend. One interesting topic is risk averse vs loss averse. Risk averse means people will try to minize their risk. For example to avoid a possible huge amount down. Loss averse is people don't like sure loss. So when people are facing a sure immediate loss (8K in this case) compared with a potential loss ($60K in this case), most of people will indeed prefer to avoid the sure loss. So she is just behaving very normally.
Me, for example, knowing the potential of property drop is high, but will try to avoid a sure loss of paying seller stamp duty, agent fees, lawer fees, etc. So I am still holding on to my property. We are just human - living on hopes, not reality.
Thanks,
Richard
Anyone knows how is the shop selling. I heard residential are all sold out?
Thanks,
Richard
phantom_opera
10-03-11, 09:25
This must be the king of MM, TOP soon to fight with Parc Imperial
http://i2.propertyguru.com.sg/images/thumb/c/a/a/8/caa8aa5733601_1_V550.jpg
devilplate
10-03-11, 09:28
haha....not only the occupiers will become thinner and shorter.....they might hf problems to see straight and to walk straight....:D
phantom_opera
10-03-11, 09:45
haha....not only the occupiers will become thinner and shorter.....they might hf problems to see straight and to walk straight....:D
If you really mount the TV on the wall and position your sofa according to the developer layout. You need a new way to watch TV when sitting on your sofa :doh:
devilplate
10-03-11, 09:49
If you really mount the TV on the wall and position your sofa according to the developer layout. You need a new way to watch TV when sitting on your sofa :doh:
nid to buy sofa with rollers as well....if not remove the HS door....LOL
thomastansb
10-03-11, 10:17
I thought the suite @ guillemard is the undisputed king? 258 sq ft.
This must be the king of MM, TOP soon to fight with Parc Imperial
http://i2.propertyguru.com.sg/images/thumb/c/a/a/8/caa8aa5733601_1_V550.jpg
This must be the king of MM, TOP soon to fight with Parc Imperial
http://i2.propertyguru.com.sg/images/thumb/c/a/a/8/caa8aa5733601_1_V550.jpg
Hi phantom_opera,
Sure it is going to be TOP? :scared-5: I thought around 2013 or 2014?
This must be the king of MM, TOP soon to fight with Parc Imperial
http://i2.propertyguru.com.sg/images/thumb/c/a/a/8/caa8aa5733601_1_V550.jpg
The SOFA is blocking the door of the Home Shelter (HS)! Unless the developer is thinking of a barn door like this...
http://1.bp.blogspot.com/_c1YjZFSxHgQ/Sxczgs4xVOI/AAAAAAAADYU/CjPRo2Esc64/s400/Barn+%26+New+Kitten+12-01-09+017.jpg
rattydrama
14-03-11, 06:35
Most of the units facing west sun. Not an ideal floor plan. Anyway difficult to plan. The plot is too small and narrow .
http://instagr.am/p/R89vv2smpo/
http://instagr.am/p/R89vv2smpo/
stormycobra?
who?? oh that the poster nick
http://instagr.am/p/R89vv2smpo/
Is there a bus-stop right next to it?
dont recall spotting any. bus stop should be bside the former PP Village frontage along PP rd.
dont recall spotting any. bus stop should be bside the former PP Village frontage along PP rd.
Passed by the other day, and I thot the building was right next to the road with a bus stop!
Btw my brother bought a MM unit there... wonder how it'll be like :scared-4:
388 sq ft
facing out? do they have facing in ones?
the area is well tested for rental la no worry
facing out? do they have facing in ones?
the area is well tested for rental la no worry
boss, oxley no good right?
why oxley no good leh? i mtb their parc somme dui dui dui
why oxley no good leh? i mtb their parc somme dui dui dui
oh i tot u told me their quality no good!?
David Wong
26-06-13, 17:16
Last transacted price was in March 2013 at $1886 psf for the 388sq ft unit....
Waiting anxiously for TOP ....... :D
also waiting for top: my client got one bedder asking me to rent out once top
David Wong
02-09-13, 13:33
My client cannot wait liau..... wants to sell..... so sayang... I asked her to wait till TOP but she needs to sell......
http://www.propertyguru.com.sg/listing/15020427/for-sale-viva-vista
Anyone keen?
Co-broke welcomed.....
how is it?
the shop spaces are pathetic small....i wonder if the owners will have issue renting them out.
very slow in renting out the shops.
so far i can see two shops inside rented out: a nail spa and a name card printing shop. the asking rental is as low as S$1900 per month.
When all the F&B shops (about 30?) are rented out, this area can come back to life again.
So many months have passed, the shops are still empty. I can see a cloth modification shop, the business owner is complaining about no crowd.
Another interesting thing is that the two shop units facing main road are merging into one.
I miss the old good days of Cold Storage, Thai food ...
maybe micky is a strategic mistake ...
even if not mickey unit...i doubt anyone will open business there...so deep inside.
proud owner
12-03-15, 22:41
So many months have passed, the shops are still empty. I can see a cloth modification shop, the business owner is complaining about no crowd.
Another interesting thing is that the two shop units facing main road are merging into one.
I miss the old good days of Cold Storage, Thai food ...
maybe micky is a strategic mistake ...
each shop unit is about 240 sqft. too small to do anything ...
the front units are owned by just 2 or 3 owners ... who bought several units side by side ... hence they are renting out in pairs or 4 units altogether ...
also they are asking too high a rent ...
The location is already quite bad and with so many small shops there is no anchor tenant there to draw the crowds. I was there at the open house and was very turned off by the Huttons IC incharge which was a fat and rude woman with no manners shouting at the customers.
i like the coffee / sandwich shop at the basement.
Still so many empty shops. Some are asking for less than 1k!
And no takers ...
proud owner
24-07-16, 22:53
Still so many empty shops. Some are asking for less than 1k!
And no takers ...
like i said before ... the units are way too small to do anything ...
even if you combine to neighbouring units, you cant hack the walls ... so still LPPL ...
across the road ... where the ex DUCK rice was ... there are 2 units , each of about 1600 sqft .. also vacant for very long .... owned by some company ... asking TOO high rent ..
Icon @ Pasir panjang ... apart from the ground floor .... the rest are also vacant ... at least they are bigger than Viva vista
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