Buying Condo to stay is not an asset, it is a liability.
It will only become an asset when you sell and made gain after all the deduction.
Did you get all the cherry, if not go and get another?
Case study: Family buy condo during the AFC in 1997 after selling HDB (first Cherry).
During Lehman Brothers crisis the man of the house thinks he can do another cheap buying sell Condo buy resale HDB to wait for the crash.
Lost Cash in Casino, cannot buy BTO because the first cherry refuses to pay the levy.
Now CPF all use for resale HDB, monthly salary low, children going university no money.
Last edited by Arcachon; 10-06-17 at 13:09.
No one knows which will appreciate more la. But freehold retain value better. PARC location also closer a bit to town area . and number of units is less. If same price BTW the two I think parc is safer. And that location has a more atas feel compare to trilinq. 10 years to me is long term . at the end of the day no amount of analysis can give u a definite answer . however I believe you alrd decided what u want hence buy the one u like.
If anybody can know for sure which will gain more, no beggar liao.
There is no one can share their opinion as to which should appreciate in the short run.
There is no more quick and good money to be made in property market in the short run.
Even it is appreciated, can you sell? sell high, buy high for a place to stay
If it is not appreciated, would you sell?
I am rather disturbed by this guy keeps on asking which one would appreciate more in 10 years and now become short run.
which one would appreciate more is not only the property location, but also your unit, facing, height, layout etc....
Almost all the seasoned forumers have given their opinion and he is still keep on asking...the same question again and again...
what is there to be disturbed. If you read all the forum replies, there are more advices to tell me to watch my finance la, holding value, ccr investments should appreciate. Which, does not answer my question at all. My question is very simple. Among the two, I am not looking at holding value, but rather which property should appreciate better in the short run. Just a simple opinion. And please if you are going to tell me it depends on a property's location, freehold holds value better, these are not what I am looking for.
He is 33 years old with HDB and a child going primary school.
He wants to upgrade and enjoy a better lifestyle and at the same time make money.
He most likely will move to be near the child Secondary school within walking distance.
He will not move out of Clementi because this is where he like to live.
I wish him all the best and hope he open his eye to see further, the world is much bigger than Clementi.
Of course, I just want to hear anyone's opinion. An example maybe, property x is situated at the cross road between mrt and expressway. The convenience is there, but the noise is a turn off. As compared to property y, which is further away but still within walking distance to the central. Given a balance of development in the west, I think x may be better because of demand from etc etc.
I was like you when I was 43.
Know nothing about investment property or money only know pay in full doesn't loan.
The property must be near hawker center, MRT, near parents and in law place, near wife workplace, near son school.
I miss my chance to buy landed property, get more property and a lot of others.
He just need someone to reassure his thinking
Hot darn! I think you're right. Trilinq for sure! I seeeeeen the light now, baby!
What about the distance to clementi central? Considering it the Fh vs LH tradeoff between the 2. Will
The parc with its additional 5-8 mins walking distance result in a slightly lesser appreciation in this case? Because from what I am hearing here, FH certainly holds value, but in terms of appreciation wise, will it offset the distance from central and hence appreciate together with the trilinq? Then in that case, both won't make a difference?
Tread starter seem like yowetan (mount sinai guy) reincarnation. Lol
Maybe he need to say hello to my leetle friend!!
The thread starter sounds like an indecisive person.I think no one can convince him on the better choice of property other than himself. Something tells me he already has an answer himself and just needs an assurance like someone has mentioned. I certainly hope he didn’t ask the internet when he wanted to marry the wife. Both come with great rewards (appreciation) but also great responsibilities (risks). No one can fault you as long as you do your own DD to convince yourself.
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I have two ladies in mind.
One is in her twenties, well dressed and youthful, but is sometimes immature.
The other is in her thirties, still good looking, very mature and has saved up a fair bit more than the other.
Who should I marry to be certain of having a better wife (better appreciated one) ten years later?
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
I have two kids. First one older is hardworking but a bit less academically inclined
Younger one is smarter but seem to be a bit lazy and take thing for granted.
Given the balance of factors, regardless of my financial situation, Which kid will be a better invedtment in long term of 10 years ie Which one should I kick out of the house.
Last edited by tonymontana; 12-06-17 at 14:57.