tag:blogger.com,1999:blog-7944902213075756335.post4679675317996750283..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Buying a property: Affordability and Value For Money.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-7944902213075756335.post-74668201123415002502018-10-30T12:54:27.008+08:002018-10-30T12:54:27.008+08:00Hi millenialsg,
With the new rule, far from becom...Hi millenialsg,<br /><br />With the new rule, far from becoming obsolete, the relative scarcity of shoebox units in future might drive prices up on a PSF basis as the absolute quantum still remains more affordable compared to larger units, all else being equal.<br /><br />Unless there is a very good reason to upgrade my home, I won't. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53981129703680721932018-10-30T09:17:32.823+08:002018-10-30T09:17:32.823+08:00I think so too...
what do you think of the recen...I think so too... <br /><br />what do you think of the recent change in URA guidelines on increasing the average size of units in a development from 70 sqm to 85 sqm? <br /><br />this will impact the supply of shoebox condos and shoebox condos may become obsolete in future... will you upgrade to a bigger unit in the future?millenialsghttps://www.blogger.com/profile/09045978027367458903noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9451834013333058892018-10-26T11:05:25.570+08:002018-10-26T11:05:25.570+08:00Hi millenialsg,
A $100K difference is still a big...Hi millenialsg,<br /><br />A $100K difference is still a big chunk of change. ;)<br /><br />If people do some comparative analysis before parting with their money, they can almost always make better financial decisions. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56694972428346126662018-10-22T21:38:41.004+08:002018-10-22T21:38:41.004+08:00re-read your article -sounds like deja vu to me
P...re-read your article -sounds like deja vu to me<br /><br />Park Colonial - 1,700 psf, 1 min walk to MRT<br />Tre Ver - 1,550 psf, 10 -15 mins walk to MRT<br /><br />10% difference or 100k difference? Not 250k as above...<br />millenialsghttps://www.blogger.com/profile/09045978027367458903noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78176662007282943112018-10-20T11:27:35.904+08:002018-10-20T11:27:35.904+08:00JLL national director of research and consultancy ...JLL national director of research and consultancy Ong Teck Hui shared her view. He said the move will result in a lower number of units being built in a residential project as well as units generally having bigger floor areas.<br /><br />"This is likely to have the effect of reducing the average (psf) selling price... With an increased floor area, the psf sale price of an apartment or AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25533726592235753042018-08-09T13:18:20.976+08:002018-08-09T13:18:20.976+08:00Ben said...
For those who own property, it's l...Ben said...<br />For those who own property, it's likely that one will have to use the CPF or cash to service the housing loan. It will be much more easier for one who is single and has no financial commitment to save more in CPF as well as cash hoard. <br /><br />AK says...<br />I am not against property purchase per se.<br /><br />I am against property purchase at any price.<br /><br />To AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20718578622458218582018-07-16T13:40:20.141+08:002018-07-16T13:40:20.141+08:00Raymond Ng says...
Roller coaster property index...Raymond Ng says... <br /><br />Roller coaster property index. <br /><br />Major correction will come if there is catastrophic event. Only unknown is when. <br /><br />Current G property curb has artificially control the uptrend. <br /><br />If G remove ABSD, TDSR etc... it would means that property is over supply and price correction is underway.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20085106875387914522018-07-16T12:29:50.572+08:002018-07-16T12:29:50.572+08:00Reader says...
I've been waiting for years to ...Reader says...<br />I've been waiting for years to buy a private property as I felt that prices had risen well above fundamentals.<br /><br />I wonder if there will come a meaningful reduction in property prices which will make it attractive to buy.<br /><br />What if that major correction never comes?<br /><br />AK says...<br />I do not know whether a meaningful correction in prices will AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56767983203946278252014-09-11T12:12:03.865+08:002014-09-11T12:12:03.865+08:00Hi EL,
My bowling, oops, crystal ball, has not be...Hi EL,<br /><br />My bowling, oops, crystal ball, has not been very diligent lately. As punishment, no spa treatment for it! ;)<br /><br />Have a good weekend. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17687952822088594632014-09-11T11:22:30.895+08:002014-09-11T11:22:30.895+08:00Thanks AK, yes i know about the Crystal ball lol, ...Thanks AK, yes i know about the Crystal ball lol, got polish or not?!! Keke i think i get your drift... thanks much n hv a good weekend!HappyInvestorhttps://www.blogger.com/profile/05000369634335765724noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22462305741087023022014-09-10T16:09:25.110+08:002014-09-10T16:09:25.110+08:00Hi EL,
I don't have a working crystal ball. M...Hi EL,<br /><br />I don't have a working crystal ball. Maybe, the agents selling the EC have one. LOL. <br /><br />What I do know is that with ECs, the government is actually giving buyers a margin of safety. Prices can be some 30% lower than surrounding condominiums. The only difference is that with ECs, first owners must wait for 10 years before they can freely resell to anyone who might AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77935261433141294522014-09-10T15:47:08.805+08:002014-09-10T15:47:08.805+08:00Hi Ak, wanna pick your brain on the EC segment - t...Hi Ak, wanna pick your brain on the EC segment - this niche market baffles me a little as I am eligible to apply for one but the one launching in JE is expected to come in at $850-900 psf - similar to prices of older condominiums in the area like Lakepoint (about 30 years old). The new launches like Lakeville is close to $1300 psf :) I am tempted to apply for one meaning I have to give up my HappyInvestorhttps://www.blogger.com/profile/05000369634335765724noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57905182052153088692014-08-22T20:33:57.426+08:002014-08-22T20:33:57.426+08:00"In 2009, when the building of Downtown Line ..."In 2009, when the building of Downtown Line stage 2 was out, optimism coupled with speculation drove the COV of HDB flats in Bukit Panjang up by 10 percent in a year’s time. TODAY interviewed property agents who claimed that the COV was up from $25,000 to $40,000, with the highest COV escalating to $120,000 for a five-room flat. Developers also launched a few condominium projects near the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21674583502901238132014-07-14T10:43:10.238+08:002014-07-14T10:43:10.238+08:00"If a property is for own stay, value could t..."If a property is for own stay, value could take second place. There will be many other reasons that will have priority.<br /><br />"It is when a property is being considered as an investment that value for money becomes very important because the motivation is to make money from the property." AK in FB.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1930010519435237462014-05-18T17:27:24.678+08:002014-05-18T17:27:24.678+08:00Hi pf,
Oh, I see. I seldom go to Raffles Place. V...Hi pf,<br /><br />Oh, I see. I seldom go to Raffles Place. Very atas. ;p <br /><br />I work in a warehousing district closer to D14. I live in the boondocks in the NW and go to work in the boondocks in the E. -.-"<br /><br />Raffles Place? Then, you could consider a flat in D2 as well. That would be perfect! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59405681818509531312014-05-18T17:22:06.093+08:002014-05-18T17:22:06.093+08:00I seldom go to Orchard. Need to get to Raffles pla...I seldom go to Orchard. Need to get to Raffles place to work. pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27377026331621948982014-05-18T17:07:31.478+08:002014-05-18T17:07:31.478+08:00Hi pf,
When you said north, I thought you meant W...Hi pf,<br /><br />When you said north, I thought you meant Woodlands. CCK is not too bad. It is more NW than N and We have bus 190. 30 minutes to Orchard Road on a good day. Not too bad, right? ;p<br /><br />Wow! You wake up at 6am to go to the gym. You are very disciplined. I am ashamed to say that I have not gone to the gym in many years. I tried to restart but the visits have been sporadic. -.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44467462394047974322014-05-18T09:53:55.611+08:002014-05-18T09:53:55.611+08:00You can choose to go to town or not. But for me, I...You can choose to go to town or not. But for me, I need to get there to work everyday.<br /><br />I go out to take a feeder bus to mrt at 6am to go to the gym at 7am b4 work to avoid the peak hr crowd. If not, I take the $4 per trip premium bus at 735am and reach office at 840am.<br /><br />The worst part is if I happen to work late until 9 or 10pm. I have to wait a long time for a taxi to be pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1171305089977807972014-05-17T10:15:54.261+08:002014-05-17T10:15:54.261+08:00Hi pf,
I moved from D3 to CCK when I sold my old ...Hi pf,<br /><br />I moved from D3 to CCK when I sold my old place. These days, I hardly bother to go to town even though I drive. The traffic on the PIE is quite terrible.<br /><br />So, I know what you mean when you say you want to make your life significantly better by moving to a better location. It is about the quality of life. :)<br /><br />45 minutes per trip means 1hr 30 minutes for a AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27812724026943720142014-05-17T09:56:17.620+08:002014-05-17T09:56:17.620+08:00Thanks. :)Thanks. :)pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39123378263120953352014-05-17T09:05:58.709+08:002014-05-17T09:05:58.709+08:00Haha...I'm of course not borrowing the max all...Haha...I'm of course not borrowing the max allowed. Even if I buy a flat which is at a poor location, its also about 450k. That doesn't allow me to quit job as and whenever I please. In the meantime, I'll try not to be in an emergency. Haha....<br /><br />Anyway, since I am buying a flat and having a huge commitment. I want it to make my life significantly better. Currently, I am pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59366069266088491782014-05-16T23:12:03.072+08:002014-05-16T23:12:03.072+08:00Hi pf,
I have little experience in this area but ...Hi pf,<br /><br />I have little experience in this area but I will say that it is a big commitment. <br /><br />A $650K commitment would scare me if I must borrow the maximum amount allowed. The monthly repayment would be quite hefty even if the loan repayment period were maxed out at 30 years.<br /><br />Having said this, I would imagine that you have been saving quite a bit of money towards AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-31155235912824912272014-05-16T22:50:39.756+08:002014-05-16T22:50:39.756+08:00I'm not sure too. But I have not thought of an...I'm not sure too. But I have not thought of anything better thus far. pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17000042656849780922014-05-16T10:18:40.074+08:002014-05-16T10:18:40.074+08:00Hi pf,
I see what you mean. :(
I have a friend w...Hi pf,<br /><br />I see what you mean. :(<br /><br />I have a friend whose dad needed dialysis. Now, my paternal grandma goes for dialysis. Quite an ordeal for the patients but financially very demanding too.<br /><br />It is good to see that you have a plan involving real estate in place although I am not sure if an approximately $650K resale 4 room flat in a good location will provide the best AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76837064117519668442014-05-16T09:27:36.246+08:002014-05-16T09:27:36.246+08:00I'll only rent out the whole unit when I need ...I'll only rent out the whole unit when I need the cash flow. Actually for medical purposes, there is some form of coverage for an operation or a 1 time treatment. The part I am worried about is continuous treatment over a prolong period of time. For example kidney dialysis, which is probably the worst. Its very cash draining. pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.com