In today mkt...1mil property how much to offer

**land118** · 05-10-11, 07:15

Originally Posted by Geylang OKT

Do not pay more than $550k for your terrace house. Especially if its located at Macpherson Gardens Estate.

How about this at Geylang Lor 3, Even better, DO NOT pay more than $200k for this terrace:

http://www.propertyguru.com.sg/listi...ang-kallang-bo

**ysyap** · 05-10-11, 07:46

Originally Posted by land118

How about this at Geylang Lor 3, Even better, DO NOT pay more than $200k for this terrace:

http://www.propertyguru.com.sg/listi...ang-kallang-bo

With 9 years left, you need to rent at $2500/mth just to break even. Must rent way above $2500/mth just to make it a sensible investment purchase. How possible?

**Allthepies** · 05-10-11, 07:59

Originally Posted by radha08

every month top up about 1.2k thats why i dare to rent for 3.5k anyway rental only for a year within that period hope can get good buy otherwise go back hdb and live happily ever after....

bro, good house for staying usually dont appear during downturn but good buy for investing do appear. btw hdb climbed up again;

**radha08** · 05-10-11, 08:12

Originally Posted by kane

That's definitely not worth more than $2mio, even for the corners.

but the name sounds like its BIG time ha ha...

**radha08** · 05-10-11, 08:14

Originally Posted by howgozit

Be careful when feeding wild dogs, they may bite you one day.

ha ha thats why u must feed them PREMIUM quality dog food not chicken bones i got 2 real dogs thats why i know....

**radha08** · 05-10-11, 08:16

Originally Posted by Geylang OKT

Do not pay more than $550k for your terrace house. Especially if its located at Macpherson Gardens Estate.

that one literally can buy for your children below 10 years old after that must sell cos too small...

**devilplate** · 05-10-11, 08:30

Originally Posted by radha08

ha ha thats why u must feed them PREMIUM quality dog food not chicken bones i got 2 real dogs thats why i know....

Feed doggy with homecooked premium salmon meat bestest! Gd for their skin

**blackjack21trader** · 05-10-11, 09:46

You guys should make use of this opportunity to park into D9,D10,D11 or D15 properties. Do not any-o-how invest just because it appears cheap.

Golden Era of the Mega Lions ( 2012 -2015 )

The characteristic of this Era:

1) Death of the old western capitalist system.

2) Bridge formed for the middle class to the wealthy class.

3) Arbitrage opportunity as demise of the old western capitalist system usher in the new eastern financial system.

4) High inflation in asset class.

5) Zero growth in the west but global growth continues in the east.

6) Continual birth of the new eastern millionaires.

7) Lion City under the radar screen of major funds around the world as the gateways to the eastern growth is identified in 2012.

8) Final realisation that indeed decoupling has happened.

9) The ground work is laid for Mega Super Lion Boom in 2014.

Good Luck.

关云神龙股侠。

**East Lover** · 05-10-11, 09:51

Originally Posted by blackjack21trader

You guys should make use of this opportunity to park into D9,D10,D11 or D15 properties. Do not any-o-how invest just because it appears cheap.

Golden Era of the Mega Lions ( 2012 -2015 )

The characteristic of this Era:

1) Death of the old western capitalist system.

2) Bridge formed for the middle class to the wealthy class.

3) Arbitrage opportunity as demise of the old western capitalist system usher in the new eastern financial system.

4) High inflation in asset class.

5) Zero growth in the west but global growth continues in the east.

6) Continual birth of the new eastern millionaires.

7) Lion City under the radar screen of major funds around the world as the gateways to the eastern growth is identified in 2012.

8) Final realisation that indeed decoupling has happened.

9) The ground work is laid for Mega Super Lion Boom in 2014.

Good Luck.

关云神龙股侠。

can list down some good buy? within reasonable price? say <1.3mil???

**smallant** · 05-10-11, 09:58

I seeing a lot of liquidity around... Couples hunting for hse to rent ! All waiting for property prices to collapse...
But after 3 govt measures.... SSD,,, LTV etc... those holding... can still tahan I guess short of a complete collapse in the world order..
So guess advice is if you see a nice durian dropping.. better hop it fast...

**jwong71** · 05-10-11, 10:00

Originally Posted by land118

How about this at Geylang Lor 3, Even better, DO NOT pay more than $200k for this terrace:

http://www.propertyguru.com.sg/listi...ang-kallang-bo

months ago, its was only for 170k.
check with the agent, and told me 140-150k owner may sell.

280k, no loan allowed. might as well try ur luck at stocks with 280k.
better luck, faster returns

**Laguna** · 05-10-11, 10:04

Originally Posted by jwong71

months ago, its was only for 170k.
check with the agent, and told me 140-150k owner may sell.

280k, no loan allowed. might as well try ur luck at stocks with 280k.
better luck, faster returns

9 more years of lease

**land118** · 05-10-11, 10:37

Originally Posted by ysyap

With 9 years left, you need to rent at $2500/mth just to break even. Must rent way above $2500/mth just to make it a sensible investment purchase. How possible?

Yup, this one is not firesales, just to highlight in terms of quantum still can find low in Geylang. Wonder what happens when lease run out..., have to vacate or can top up lease..

mayb need to check URA Master Plan ...

**East Lover** · 05-10-11, 11:53

Originally Posted by smallant

I seeing a lot of liquidity around... Couples hunting for hse to rent ! All waiting for property prices to collapse...
But after 3 govt measures.... SSD,,, LTV etc... those holding... can still tahan I guess short of a complete collapse in the world order..
So guess advice is if you see a nice durian dropping.. better hop it fast...

if so many durian drops, better chose a good one. so there is any potential good durian in D9/10/15 with OCR price?

**ysyap** · 05-10-11, 13:45

Originally Posted by East Lover

if so many durian drops, better chose a good one. so there is any potential good durian in D9/10/15 with OCR price?

By then OCR prices also drop to EC prices... everybody rushing to buy liao. Cannot afford Mao Shan Wan, just go for D24. LOL!

**buttercarp** · 05-10-11, 14:57

Originally Posted by kane

Yes $2mio buys a lousy terrace house. So a high income earner only can afford a lousy terrace??

Tell me about it!
Pathetic, right?

After i committed to buying an inter terrace for about that amount, I realized that it is like living in a 3 room hdb flat on a ground floor cos I will be sandwiched by neighbours.

If want corner terrace have to pay $200k more which IMHO is not worth it.
All my life I have not stayed in a place sandwiched by neighbours..... dunno what's it is gonna be like.

What to do.....my other half wants a freehold land, so being his other half, in order to make him happy, since i can't buy it for him, i agree to buy it with him.

**Geylang OKT** · 05-10-11, 15:18

Originally Posted by land118

How about this at Geylang Lor 3, Even better, DO NOT pay more than $200k for this terrace:

http://www.propertyguru.com.sg/listi...ang-kallang-bo

This Lor 3 pay only $50k-$70k. The lease is running out soon!

**land118** · 05-10-11, 17:32

Originally Posted by Geylang OKT

This Lor 3 pay only $50k-$70k. The lease is running out soon!

Sure, if can get that price, turn it into short-time lodging..., maybe half year can recoup ?

**buttercarp** · 05-10-11, 18:40

Originally Posted by jwong71

months ago, its was only for 170k.
check with the agent, and told me 140-150k owner may sell.

280k, no loan allowed. might as well try ur luck at stocks with 280k.
better luck, faster returns

From ura website

LANDED HOUSING DEVELOPMENT LORONG 3 GEYLANGTerrace House
$174,000 853 sq ft Aug-11
LANDED HOUSING DEVELOPMENT LORONG 3 GEYLANGTerrace House
$172,000 853 sq ft Jul-11
LANDED HOUSING DEVELOPMENT LORONG 3 GEYLANGTerrace House
$100,000 853 sq ft Jul-11

**kane** · 05-10-11, 20:12

Originally Posted by buttercarp

Tell me about it!
Pathetic, right?

After i committed to buying an inter terrace for about that amount, I realized that it is like living in a 3 room hdb flat on a ground floor cos I will be sandwiched by neighbours.

If want corner terrace have to pay $200k more which IMHO is not worth it.
All my life I have not stayed in a place sandwiched by neighbours..... dunno what's it is gonna be like.

What to do.....my other half wants a freehold land, so being his other half, in order to make him happy, since i can't buy it for him, i agree to buy it with him.

Yes, I'm prone to mosquito bites, so it would be unwise of me to buy a terrace to be a feast for the mosquito colony.

sh · 05-10-11, 20:14

wow... 5 pages in less than 24 hours. Things are hotting up again.....

**kane** · 05-10-11, 20:18

Originally Posted by sh

wow... 5 pages in less than 24 hours. Things are hotting up again.....

Hotting up with bidders trying their success with a low bid.

sh · 05-10-11, 20:21

5 pages of vultures circling above wounded prey, waiting for it to drop....

question is, whether there is more vultures than prey.....

**cl0ver** · 05-10-11, 20:24

more like ahpeks look see look see only.

**kane** · 05-10-11, 20:35

Originally Posted by sh

5 pages of vultures circling above wounded prey, waiting for it to drop....

question is, whether there is more vultures than prey.....

All circling around hoping for the prey to get more skinny and weak.

**sfwoo** · 05-10-11, 21:06

Originally Posted by kane

All circling around hoping for the prey to get more skinny and weak.

HAHAHA!
Like that property prices how to drop?
So many people looking to buy.

**kane** · 05-10-11, 21:12

Originally Posted by sfwoo

HAHAHA!
Like that property prices how to drop?
So many people looking to buy.

can, the vulture with the fastest finger wins, in the meantime, due to a lack of nourishment, there's a chance that the prey may go weak. that's hope.

**art10626** · 05-10-11, 21:15

dun say, i think only certain sectors of the society are bearish... seems that all the stock crashes have really little impact on the larger public here...

Had a call from agent... explaining sentiment doesn't matter to property market... price surely rise further due to strong demand, see population still increasing in Singapore! Asking price high high never mind, grab now before miss the train again!

**howgozit** · 05-10-11, 21:20

Originally Posted by art10626

dun say, i think only certain sectors of the society are bearish... seems that all the stock crashes have really little impact on the larger public here...

Had a call from agent... explaining sentiment doesn't matter to property market... price surely rise further due to strong demand, see population still increasing in Singapore! Asking price high high never mind, grab now before miss the train again!

Agent again.....

**kane** · 05-10-11, 21:26

sentiment counts for everything, it's the reason why markets can be overbought and oversold.

Menu

Thread: In today mkt...1mil property how much to offer

Thread Tools

Search Thread

Similar Threads

What Will Happen To Your HDB Flat Or Private Property If You Die Today?

Went property hunting today

What will you do if you have 1mil on hand?

D15 1+1 < 1mil

No. of non-MM Resale pvt property you can get today for S$600K and below? 0

Posting Permissions