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Thread: Landed homes the way to go

  1. #61
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    Quote Originally Posted by mantrix
    thanks all for your advice.

    I guess it boils down to budget again.

    I like landed for the space it gives and condos for their facilities. Cluster seems like a good choice though you are all correct on the limitations. A terrace would cost 1.2M onwards in OCR and on top of that you must be prepared to fork out a lot more for reno. Still, you own it both physically and emotionally.

    However, with a budget of only 1.6M and no cash for reno i thought i may choose cluster to save the trouble of searching for a landed bargain. If I do buy i'll treat it as a condo with bigger space loh...
    Saw a banner ad that a corner terrace along Koon Seng Rd (land 2400 sqft, built in 2000 sqft) going at $1.89M. It would be a good buy if the condition is not too old, i.e. minor A&A to make it look brand new again.

  2. #62
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    Quote Originally Posted by Blue
    Saw a banner ad that a corner terrace along Koon Seng Rd (land 2400 sqft, built in 2000 sqft) going at $1.89M. It would be a good buy if the condition is not too old, i.e. minor A&A to make it look brand new again.
    hey Blue .. i believe you are a D15 person

    i am not so familair most part of D15 as it is too big .. Koon seng, Joo chiat area .. is it true that most landed there , esp those along the main Joo chiat and Koon seng roads DO NOT HAVE FRONTAGE ?

    as in .. the main door are really close to the road ? and most park their car outside their house ? and not within the gated area ?

    are there any Conservation houses there ?

    any idea how much would one cost ? original condition

  3. #63
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    Quote Originally Posted by proud owner
    hey Blue .. i believe you are a D15 person

    i am not so familair most part of D15 as it is too big .. Koon seng, Joo chiat area .. is it true that most landed there , esp those along the main Joo chiat and Koon seng roads DO NOT HAVE FRONTAGE ?

    as in .. the main door are really close to the road ? and most park their car outside their house ? and not within the gated area ?

    are there any Conservation houses there ?

    any idea how much would one cost ? original condition
    Only the conservation houses have no frontage, i.e. no car porch. But in another way, their internal built in / covered area (living hall) is lengthened / bigger. For these conservation houses, the owners have to either park in designated parallel roadside lots or open air car parks nearby. There are a couple of conservation houses along Koon Seng Road, and I often see tourists and photographers hitting there to take pictures. There is also a stretch of newly revamped conservation houses called The Heritage 9 sold at $2.6M for 1900 sqft land.

    For the normal landed, they should all have frontage. And it is a requirement by URA too in order to get Building Plans approved.

    Koon Seng road is a relatively major road which links drivers from Still Road / Telok Kurau towards Ceylon Lane / Old Airport Road / Meyer Rd / Nicoll Highway, and therefore it tends to be a bit more noiser than other smaller roads.

    I would say the land psf for this corner terrace is very reasonable @ $790 psf. If you have the cash of another $900K, you can rebuild it to a nice modern house with 3000 sqft built in.
    Last edited by Blue; 14-05-10 at 12:21.

  4. #64
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    Yes, stopped by that area for food and have seen some of the conservation houses there and they can be quite quaint. A few are nicely renovated too.

  5. #65
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    Quote Originally Posted by Blue
    Only the conservation houses have no frontage, i.e. no car porch. But in another way, their internal built in / covered area (living hall) is lengthened / bigger. For these conservation houses, the owners have to either park in designated parallel roadside lots or open air car parks nearby. There are a couple of conservation houses along Koon Seng Road, and I often see tourists and photographers hitting there to take pictures. There is also a stretch of newly revamped conservation houses called The Heritage 9 sold at $2.6M for 1900 sqft land.

    For the normal landed, they should all have frontage. And it is a requirement by URA too in order to get Building Plans approved.

    Koon Seng road is a relatively major road which links drivers from Still Road / Telok Kurau towards Ceylon Lane / Old Airport Road / Meyer Rd / Nicoll Highway, and therefore it tends to be a bit more noiser than other smaller roads.

    I would say the land psf for this corner terrace is very reasonable @ $790 psf. If you have the cash of another $900K, you can rebuild it to a nice modern house with 3000 sqft built in.
    a friend's friend bought a super old conservation around there a yr ago ..but dunno why refused to disclose how much he paid for it .. i also dun want to push ...

    but i believe he paid 1.5-1.7 mio for it .. heard very old ...and he renovated it ...

    i kind of like the old look .. except i dun like the flight of steps in front .. whereas those along Neil rd they are level with the road

  6. #66
    xebay11 is offline New Launch Project Specialist
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    Check out www.isabelredrup.com to see the potential of these old beauties.

  7. #67
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    Quote Originally Posted by xebay11
    Check out www.isabelredrup.com to see the potential of these old beauties.

    ahahah

    i dont have a good impression of her ..

    in 2006 i called her to view a semi in sunset way ..
    she couldnt be bothered to return my call

    i waited for a week and call again only to be told its been sold and she forgot to remove the listing


    and her captions damn cha cha .. cant take it

  8. #68
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    i dun see her expensive, refurbished conservation terraces closing leh, months and months and months see the same adverts.

    Quote Originally Posted by proud owner
    ahahah

    i dont have a good impression of her ..

    in 2006 i called her to view a semi in sunset way ..
    she couldnt be bothered to return my call

    i waited for a week and call again only to be told its been sold and she forgot to remove the listing


    and her captions damn cha cha .. cant take it

  9. #69
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    Quote Originally Posted by bargain hunter
    i dun see her expensive, refurbished conservation terraces closing leh, months and months and months see the same adverts.
    yep

    either they are sold and she never remove them from her website .. or not sold at all ..

    then again .. i dun see any caveat either

    i think she lives in Clementi Park ..

  10. #70
    xebay11 is offline New Launch Project Specialist
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    Quote Originally Posted by proud owner
    yep

    either they are sold and she never remove them from her website .. or not sold at all ..

    then again .. i dun see any caveat either

    i think she lives in Clementi Park ..
    From her website, she is very atas type. Entertain "principals" only. LOL!

  11. #71
    xebay11 is offline New Launch Project Specialist
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    Quote Originally Posted by proud owner
    ahahah

    i dont have a good impression of her ..

    in 2006 i called her to view a semi in sunset way ..
    she couldnt be bothered to return my call

    i waited for a week and call again only to be told its been sold and she forgot to remove the listing


    and her captions damn cha cha .. cant take it
    Fishing la, probably dummy ad. Shhhh.......

  12. #72
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    Quote Originally Posted by proud owner
    a friend's friend bought a super old conservation around there a yr ago ..but dunno why refused to disclose how much he paid for it .. i also dun want to push ...

    but i believe he paid 1.5-1.7 mio for it .. heard very old ...and he renovated it ...

    i kind of like the old look .. except i dun like the flight of steps in front .. whereas those along Neil rd they are level with the road
    i recently found out that a friend of mine sold his 3500 sq ft semi-d last June 2009 for less than 1.8mio (district is 2x). he stayed there for about 1.5 year after extensive A&A.

    i was shocked at why he sold it for so cheap and would have bought it from him if I knew he was selling, though I never visited his house before.

    he told me that he would never sell it to me simply because the place is not "peaceful" and at that moment I could feed goose pimple all over me. and this was in the middle of a hot sunday morning golf game.

    after that, another friend of ours told us that the whole family experience some strange things around the house.

    btw, this friend of mine is a staunch christian and he is in his early 50s.

    my question is : if you happend to be in this situation. what do you do if you are a buddhist, christian, hinduism, toaist, muslim or a free thinker?

    for myself, i would most likely move out as my kids are still so young.

  13. #73
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    Quote Originally Posted by stl67
    i recently found out that a friend of mine sold his 3500 sq ft semi-d last June 2009 for less than 1.8mio (district is 2x). he stayed there for about 1.5 year after extensive A&A.

    i was shocked at why he sold it for so cheap and would have bought it from him if I knew he was selling, though I never visited his house before.

    he told me that he would never sell it to me simply because the place is not "peaceful" and at that moment I could feed goose pimple all over me. and this was in the middle of a hot sunday morning golf game.

    after that, another friend of ours told us that the whole family experience some strange things around the house.

    btw, this friend of mine is a staunch christian and he is in his early 50s.

    my question is : if you happend to be in this situation. what do you do if you are a buddhist, christian, hinduism, toaist, muslim or a free thinker?

    for myself, i would most likely move out as my kids are still so young.

    i heard similar stories before ... and i heard the 'remedy' is to bring young children along for viewing ... cos they are more 'sensitive' to such stuff ...

    and if they children behave happy in the property ..then it means its 'clean'

  14. #74
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    Quote Originally Posted by proud owner
    i heard similar stories before ... and i heard the 'remedy' is to bring young children along for viewing ... cos they are more 'sensitive' to such stuff ...

    and if they children behave happy in the property ..then it means its 'clean'
    Now that you said this, I rememberd one incident around 2007 before the mkt starts to get real hot. We were viewing at 1 unit in Saraca. The owner spends a lot of money renovating the whole place and everything still looks good. Price was 900K. The only problem is that it is 99 years old and also my 1 year old daughters cried continuously during the view. We were not very comfortable about this.

  15. #75
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    Quote Originally Posted by proud owner
    i heard similar stories before ... and i heard the 'remedy' is to bring young children along for viewing ... cos they are more 'sensitive' to such stuff ...

    and if they children behave happy in the property ..then it means its 'clean'
    If you have no kids, bring a pet dog... provided that it's not a muslim house and the owner permits it. I carried my dog when I was viewing my current place.

  16. #76
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    Quote Originally Posted by stl67
    i recently found out that a friend of mine sold his 3500 sq ft semi-d last June 2009 for less than 1.8mio (district is 2x). he stayed there for about 1.5 year after extensive A&A.

    i was shocked at why he sold it for so cheap and would have bought it from him if I knew he was selling, though I never visited his house before.

    he told me that he would never sell it to me simply because the place is not "peaceful" and at that moment I could feed goose pimple all over me. and this was in the middle of a hot sunday morning golf game.

    after that, another friend of ours told us that the whole family experience some strange things around the house.

    btw, this friend of mine is a staunch christian and he is in his early 50s.

    my question is : if you happend to be in this situation. what do you do if you are a buddhist, christian, hinduism, toaist, muslim or a free thinker?

    for myself, i would most likely move out as my kids are still so young.
    Your friend is quite stupid.

    How would the buyers know whether the house is "peaceful" or not?

    Just ask the agent to turn the air-con to maximum during viewing so if anyone feels cold can blame the air-con.



    Or maybe during the A&A he forgot to remove an old wardrobe which looks like a coffin?

    Quote Originally Posted by Property_Owner
    Quote Originally Posted by jlrx
    Looks quite OK to me.

    At least it's better than the wardrobes that come with most of the properties I buy, which look something like this ...

    omg, tat look like a coffin more then wardrobes....

  17. #77
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    bro, the ghost pic gives me the creeps....

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    Quote Originally Posted by Regulators
    bro, the ghost pic gives me the creeps....

    indeed


    the hair part looks like shes facing away from you


    but the hands reveal that shes facing you

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    Quote Originally Posted by proud owner
    indeed


    the hair part looks like shes facing away from you


    but the hands reveal that shes facing you
    I wake up in the middle of the night and I see that pic on my phone...

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    xebay11 is offline New Launch Project Specialist
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    Quote Originally Posted by proud owner
    indeed


    the hair part looks like shes facing away from you


    but the hands reveal that shes facing you
    So is the neck twisted 180 deg or is she facing you with her hair covering her face?

  21. #81
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    Quote Originally Posted by Regulators
    bro, the ghost pic gives me the creeps....
    It's not the ghost pic but your air-con.

  22. #82
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    Yah, when I view houses, sometimes I get this chill up my spine too. I am usually more comfortable if the house looks lived in and the family has stayed there for quite some time.

    My friend used to kaypoh and check with the neighbours to find out if there are any 'disturbing' occurences.

    Another method my friend told me if you really don't want to sell is to rent it out cheap to 'ang mohs'. The 'local presence' seems to shy away from the tenants and after the rental expires, the house seems to be ok. Don't know whether it works or not.

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    a relative of mine just committed suicide a couple of weeks back. i went to the morgue and her face was beyond recognition and partly covered (u probably know how she died). Those who saw her face in full just after the incident said that it is better not to see. i am still deep traumatised by the incident, not joking here.


    Quote Originally Posted by proper-t
    Yah, when I view houses, sometimes I get this chill up my spine too. I am usually more comfortable if the house looks lived in and the family has stayed there for quite some time.

    My friend used to kaypoh and check with the neighbours to find out if there are any 'disturbing' occurences.

    Another method my friend told me if you really don't want to sell is to rent it out cheap to 'ang mohs'. The 'local presence' seems to shy away from the tenants and after the rental expires, the house seems to be ok. Don't know whether it works or not.

  24. #84
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    Anyway, enough of all this talk...some latest Q1 stats on the number of landed ppty in SG. Only about 70K landed in SG. This constitutes less than 30% of total private ppties.


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    Project NameStreet NameTypeNo. of UnitsPrice
    ($)Area (Sqft)1
    Type of Area2
    Unit Price ($psf)3
    Date of Option Exercised / Sales Agreement SignedLANDED HOUSING DEVELOPMENT JALAN AMPANGDetached House16,700,0004,386Land1,527May-10
    Detached bungalow in Jalan Ampang has hit S$1,527 psf in May 2010!!!!!!!!!!!!!!

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    [quote=moneyspinner]Project NameStreet NameTypeNo. of UnitsPrice
    ($)Area (Sqft)1
    Type of Area2
    Unit Price ($psf)3
    Date of Option Exercised / Sales Agreement SignedLANDED HOUSING DEVELOPMENT JALAN AMPANGDetached House16,700,0004,386Land1,527May-10
    Detached bungalow in Jalan Ampang has hit S$1,527 psf in May 2010!!!!!!!!!!!!!![/quote

    Is this the price just for land or is there a decent house. 1500 psf for D10 is no big deal. You can see detached at Berrima D11 transacted for 2000 psf recently.

  27. #87
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    Having said that Jalan Ampang is not the best of locations. It is D10 but then again it is not the same as Berrima, D10 D11 are only planning guidelines, at the end you must see the actual vicinity. Do you get the feeling of serenity while still being in a prime location. I wouldnt get that feeling at Jln Ampang. Berrima yes.

  28. #88
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    [quote=Localite]
    Quote Originally Posted by moneyspinner
    Project NameStreet NameTypeNo. of UnitsPrice
    ($)Area (Sqft)1
    Type of Area2
    Unit Price ($psf)3
    Date of Option Exercised / Sales Agreement SignedLANDED HOUSING DEVELOPMENT JALAN AMPANGDetached House16,700,0004,386Land1,527May-10
    Detached bungalow in Jalan Ampang has hit S$1,527 psf in May 2010!!!!!!!!!!!!!![/quote

    Is this the price just for land or is there a decent house. 1500 psf for D10 is no big deal. You can see detached at Berrima D11 transacted for 2000 psf recently.
    it's not a brand new house. doesn't look fantastic either. nonetheless, its a 3 storey detached with s/pool. Freehold, 7+1 bedrooms.

  29. #89
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    Landed home purchases by foreigners surge
    But acquisitions of private apartments and condos slip 7.4 per cent in Q2.

    Tue, Aug 10, 2010
    The Business Times
    By Kalpana Rashiwala
    Foreigners including permanent residents bought 81 landed homes in Singapore in the second quarter of this year, up from 69 in Q1. And the Q2 figure is the strongest quarterly showing since Q2 2007, according to Knight Frank's analysis of URA Realis caveats information up to July 30.

    District 15, which includes Katong, Telok Kurau and East Coast Road, overtook District 4 - where transactions are predominantly at Sentosa Cove - as the most popular district among foreign buyers of landed property. In Q1, District 4 was most highly sought after by such foreigners.
    While foreigners picked up more landed homes in Q2 than Q1, they bought fewer private apartments and condos. The number slipped 7.4 per cent, from 2,261 units in Q1 to 2,093 in Q2, according to Knight Frank.
    But Singaporeans bought more non-landed private homes in Q2 - 5,732, versus 5,315 in Q1.
    Knight Frank chairman Tan Tiong Cheng said foreigners' strong interest in landed homes reflects their growing recognition of such assets as a prized commodity in land-scarce Singapore.
    'The increased interest is not surprising as landed housing offers many foreigners a lifestyle closer to what they are used to in their home country,' he said. 'The added attraction is that Singapore is a very safe place, so landed housing is as secure as, say, a gated community.'
    William Wong, managing director of RealStar Premier Property which specialises in selling landed homes in east and central Singapore, said permanent residents (PRs), after living in Singapore for a few years, tend to realise it's worthwhile investing in landed property.

    'Bungalow prices (on per square foot of land basis) are still lower than apartment and condo prices on psf of strata area in the same location,' he said.
    'On top of that, the supply of landed homes is more limited than that of condos and apartments.
    Landed homes also tend to maintain their value better, as the main component of, say, a bungalow's value would be the land it sits on, whereas apartment and condo values may depreciate faster as the property ages.'
    PRs who choose landed property can easily get access to the facilities they would enjoy in a condo - such as a big swimming pool and gym - by joining a club, he noted.
    Mr Wong said landed property transactions started to pick up in June-July, after a slow period in March-May. 'In District 15, bungalows in the Mountbatten and Meyer road areas can easily sell for about $1,000-1,100 psf of land today, compared with around $900 psf towards the end of 2009,' he said.
    'In District 10, say in Coronation Road or Namly Avenue, a bungalow may cost about $1,200-$1,300 psf-plus today, up from $1,000-1,100 psf late last year.'

    Besides an increase in the number of landed homes bought by foreigners in Q2, Knight Frank's report shows their share of total landed home purchases here rose from 6.3 per cent in January-March to almost 7 per cent in April-June.
    The latter figure is a tad below an 8 per cent share in Q1 2007 and Q2 2008.
    The 150 landed properties bought by foreigners in the first half of this year accounted for about 6.6 per cent of landed home deals in the period. On an annual basis, the share has ranged from 3 per cent in 1996 to 9 per cent in 1995 and 1997.
    Knight Frank's analysis also shows PRs acquired 132 of the 150 landed homes bought by foreigners in the first half of this year.
    The other 18 were bought by non-PR foreigners. This is not surprising as on mainland Singapore, being a PR is one of the major criteria a foreigner has to fulfil before being allowed to buy a landed home.
    Sentosa Cove is the only place in Singapore where non-PR foreigners are allowed to buy landed homes, but this is still subject to approval by the Land Dealings (Approval) Unit, among other conditions.

  30. #90
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    y foreigners can buy landed so easily!!!!!!!!!!

    no wonder landed prices rise so fast and furious!!!

    foreigner took my only priviledge away!

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