A few CCR transactions sold at a loss (reported in The Edge)

**cartman** · 29-03-16, 13:58

Originally Posted by wannabe

But Bro Cart, with a 3M budget how about landed property?
U seem to be very into BIG spaces.

i am not into big spaces at all...those D9 condos we shortlisted were mainly 3br 1300-1400 sq ft only.

my wife likes landed actually but those landed that were within our budget appears to have a problem with parking...the roads are rather narrow and lots of folks park their cars along the roads. also, i am the lazy type and feel landed might be too much work for a couple with no maid haha

**wannabe** · 29-03-16, 14:02

Originally Posted by cartman

i am not into big spaces at all...those D9 condos we shortlisted were mainly 3br 1300-1400 sq ft only.

my wife likes landed actually but those landed that were within our budget appears to have a problem with parking...the roads are rather narrow and lots of folks park their cars along the roads. also, i am the lazy type and feel landed might be too much work for a couple with no maid haha

How about i tell u there is a small landed with parking, quiet, Prime D15 that will suit your budget?
Catch is you will need to spend $800k-$1m of your budget to build your own dream house?

**bargain hunter** · 29-03-16, 14:04

Originally Posted by wannabe

How about i tell u there is a small landed with parking, quiet, Prime D15 that will suit your budget?
Catch is you will need to spend $800k-$1m of your budget to build your own dream house?

that means buy the land at 2m and rebuild to 3m?

**wannabe** · 29-03-16, 14:10

Originally Posted by bargain hunter

that means buy the land at 2m and rebuild to 3m?

Yup Bro, i think there is a good plot of small land on the market now.
It cost around $2.05m (the house on the land is not really livable)
But its not common for such a small plot to be available in that area.

**bargain hunter** · 29-03-16, 14:13

Originally Posted by wannabe

Yup Bro, i think there is a good plot of small land on the market now.
It cost around $2.05m (the house on the land is not really livable)
But its not common for such a small plot to be available in that area.

found it. *wink*. better not tell more here and PM bro cartman if he's interested haha

**wannabe** · 29-03-16, 14:18

Originally Posted by bargain hunter

found it. *wink*. better not tell more here and PM bro cartman if he's interested haha

Ya you are scary Bro...
I really dont know how u find out stuff so quickly...
I remember getting a shock 4 years ago when you PM me my address.... LOL

Anyway i have not seen the place yet so i dont know whether its by the Playground.
It has some West Sun though.
Not sure Hse number auspicious a not.
But its quite rare for such a small plot to be available in that area. (Trust me i know)
My family waited for 1 year for something like that, in the end gave up, bought in TK instead.
LOL

**bargain hunter** · 29-03-16, 14:19

16........................ok. enough said. lol.

**bargain hunter** · 29-03-16, 14:23

Originally Posted by wannabe

Ya you are scary Bro...
I really dont know how u find out stuff so quickly...
I remember getting a shock 4 years ago when you PM me my address.... LOL

Anyway i have not seen the place yet so i dont know whether its by the Playground.
It has some West Sun though.
Not sure Hse number auspicious a not.
But its quite rare for such a small plot to be available in that area. (Trust me i know)
My family waited for 1 year for something like that, in the end gave up, bought in TK instead.
LOL

its quite far from greenfield drive P/G if that's what u r referring to.

**wannabe** · 29-03-16, 14:28

Originally Posted by bargain hunter

its quite far from greenfield drive P/G if that's what u r referring to.

Wah win already Bro.
I dont even know the number.
How come you always know whats on my mind?
LOL

**bargain hunter** · 29-03-16, 14:43

Originally Posted by wannabe

Wah win already Bro.
I dont even know the number.
How come you always know whats on my mind?
LOL

what did i do? scan the multiple agent adverts, look for clues on which road its on (if no road given, "drive around the area on google maps"). next, look on onemap and make a guess using the land size and imagine house looks like from the top. 3) match the pictures while "driving on google maps streetview", find the house.

**cartman** · 29-03-16, 15:03

lol you guys are professionals

**wannabe** · 29-03-16, 15:04

Originally Posted by bargain hunter

what did i do? scan the multiple agent adverts, look for clues on which road its on (if no road given, "drive around the area on google maps"). next, look on onemap and make a guess using the land size and imagine house looks like from the top. 3) match the pictures while "driving on google maps streetview", find the house.

LOL Bro can pm me the address to save me the trouble?

**wannabe** · 29-03-16, 15:06

Originally Posted by cartman

lol you guys are professionals

Bro bargain hunter is the Pro not me.
But seriously with a $3M budget... a nice landed is doable.

**cartman** · 29-03-16, 15:15

Originally Posted by wannabe

Bro bargain hunter is the Pro not me.
But seriously with a $3M budget... a nice landed is doable.

those few landed we looked at all seemed to have parking problems with parked cars taking up 1 lane on a 2 lane 2 way road.

plus we are lazy folks, just want to buy a wysiwyg condo so we can just move in without major renovation haha

**proud owner** · 29-03-16, 15:20

Originally Posted by cartman

those few landed we looked at all seemed to have parking problems with parked cars taking up 1 lane on a 2 lane 2 way road.

plus we are lazy folks, just want to buy a wysiwyg condo so we can just move in without major renovation haha

for landed ... yes the road must be wide ... and inner road preferred .. not main rd type ...

my wife and i, 2 persons , used to live in our landed ... no maid ... 3600 sqft ...

there were spots / rooms that we didnt even go to for days ...

**wannabe** · 29-03-16, 15:32

Originally Posted by wannabe

LOL Bro can pm me the address to save me the trouble?

Thanks Bro bargain hunter.
Got the address.

Let me correct myself after getting the actual address from Bro Bargain Hunter.
The ad on propertyguru was misleading with the naming of the landed property.
Not worth the $ for that price.
Think Bro Cart better stick to CCR 3 Bedders instead.

**wannabe** · 29-03-16, 15:34

Originally Posted by proud owner

for landed ... yes the road must be wide ... and inner road preferred .. not main rd type ...

my wife and i, 2 persons , used to live in our landed ... no maid ... 3600 sqft ...

there were spots / rooms that we didnt even go to for days ...

Agree on the wide road and inner road.

http://www.propertyguru.com.sg/prope...ired-for-18-8m

I believe the bungalow is on the main road hence the cheap price.

**bargain hunter** · 29-03-16, 15:51

Originally Posted by wannabe

Agree on the wide road and inner road.

http://www.propertyguru.com.sg/prope...ired-for-18-8m

I believe the bungalow is on the main road hence the cheap price.

amara is buying it to build condo rite?

**proud owner** · 29-03-16, 16:10

Originally Posted by bargain hunter

amara is buying it to build condo rite?

chances are yes ...

they alerady own the neighbouring unit ...

combine the 2 plot .... can build Telok Kurau style condo

Just like MP Lily Neo ... acquired the Leedon GCB plots ... over time .... she finally owned all 4 in a row ... combined 8x,000 sqft land ....

**smellyfish** · 29-03-16, 17:16

was tracking this property some time back for rental - quite shock when I saw this psf

8 @ MOUNT SOPHIA MOUNT SOPHIA Condominium 09 CCR 103 yrs lease commencing from 2002 Resale 1 1,788,000 - 1,550 Strata 01 to 05 1,154 Feb-16

**bargain hunter** · 29-03-16, 17:23

Originally Posted by smellyfish

was tracking this property some time back for rental - quite shock when I saw this psf

8 @ MOUNT SOPHIA MOUNT SOPHIA Condominium 09 CCR 103 yrs lease commencing from 2002 Resale 1 1,788,000 - 1,550 Strata 01 to 05 1,154 Feb-16

the unit is blk 10a #03-09. blk 10a starts from #03 so it has a pes?

**wannabe** · 29-03-16, 17:37

Originally Posted by bargain hunter

amara is buying it to build condo rite?

Confirm build condo...less and less landed properties every year.

**august** · 29-03-16, 19:47

Originally Posted by cartman

those few landed we looked at all seemed to have parking problems with parked cars taking up 1 lane on a 2 lane 2 way road.

plus we are lazy folks, just want to buy a wysiwyg condo so we can just move in without major renovation haha

how about Leedon residences?

**Werther** · 29-03-16, 20:58

Originally Posted by bargain hunter

the unit is blk 10a #03-09. blk 10a starts from #03 so it has a pes?

My friend stayed there. He said is #03-19.. Got big pes..

This unit is cheap..

**cartman** · 29-03-16, 21:51

Originally Posted by august

how about Leedon residences?

LR 2 br is all i can afford and for that quantum, i thought getting a place in cairnhill with a lower psf might be a better buy.

**AdoLee** · 30-03-16, 03:57

Well the property price has also dipped a lot, so if he has sold his property I think he is still in profit

**Werther** · 30-03-16, 15:46

I saw a robertson blu at transacted only $12xx psf.. Bought at $19xx psf. so cheap.

Decoupling maybe?

**bargain hunter** · 30-03-16, 15:47

Originally Posted by Werther

I saw a robertson blu at transacted only $12xx psf.. Bought at $19xx psf. so cheap.

Decoupling maybe?

yup, i mooted that possibility amidst a mess of posts 2 days back, think u missed it haha.

**Kelonguni** · 30-03-16, 16:01

Decoupling needs to lodge caveat?

How do we distinguish between firesale and decoupling?

**bargain hunter** · 30-03-16, 16:04

Originally Posted by Kelonguni

Decoupling needs to lodge caveat?

How do we distinguish between firesale and decoupling?

hard to distinguish. but this one looks way off. if we r fast enough, some of the true firesales may still leave some clues such as their advert at propertyguru which i have reposted if i managed to find it.

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