Originally Posted by
Eyeo
Seven years ago we stubbornly kept within our budget. Chose Tanjong Rhu over The Astons at Kay Poh road (for a mere savings of $100,00!) and bought a small high floor sea view unit that suited just the 2 of us.
Fastforward to day: God blessed us with a son but we were spilling out of the apt. So we sold our place in November and started our hunt. Comparing prices, our place increase by about 40% whereas Aston prices increased by almost 75%. (hope I got my Math right)
Although we are looking for a home, we hope to buy into somewhere with potential capital appreciation. Learning from our mistake, we included River Valley area (where schools and rationality lead us) while looking around Meyer/Tg Rhu (where the heart is).
We viewed from Residences at Evelyn to Park Infinia to Aspen Heights, Riveria Gardens and some. Realised our budget of $2m can only get relatively new mid floor 2 bedders or old 3 bedders.
At the east, we viewed Meyer Residences, Belvedere , Seafront and some others. Liked the layout of the latter. Offered almost $1750psf for a v high floor 2 bedder, (no sea view tho) but got played out by the agent. (Maybe it was a blessing in disguise cos now that the euphoria has died down, we realized it was probably overpriced)
We are supposed to move out by end of February. Have resigned to the fact that we will be moving twice, once to a rental before to our home.
Here's the dilemma:
At almost the same price, which should we bite?
- Good layout, brand new but overpriced Seafront
- 4 year old Urbana(?) with better potential but needs creative imagination to fit our piano into the living room
Sorry for the long post but the stress from this hunt has resulted in quite a lot of tension between me and hubs. I hope to seek advice from the seasoned property players here to shed some light and hopefully make this journey smoother.
Many thanks and God bless,
eyeo