Watertown : Punggol Waterfront Living

[Xan]

Could you share with me - how old are you and your spouse now?

Not yet but reaching mid thirties

[devilplate]

upside controlled by govt liao.....

now buy stuck wif 4yrs ssd....even prices inch up aso cant flip.....

those who buying now r betting tat ppty market will continue to rise for at least next 4 yrs.....i am the one who betting against it

wud rather keep the money and enter when there is a px correction......

[Xan]

i am vy doubtful abt the rental prospect for a 1bdr at punggol.......somemore like 500units are 1bdr.....so scary......upon TOP so many fighting for limited tenants.....

if wana buy into punggol....tat time shd bot at least a 2bdr at ATT liao mah rite.....tat time news oredi out tat WT gona haf mall etc....

a 2bdr still can flip to those hdb upgraders staying nrby lor.....

Hey uncle, my finance not as strong as you lah.
2 bedder ATT 700k over leh.
I small fly only
Actually its good ATT no 1 bedder. So lesser competition.

[yowetan]

Not yet but reaching mid thirties

Oh, you have started to invest in property in your late twenties. Are you born in 77-78s?

I am marvel by your saving discipline.

[devilplate]

Hey uncle, my finance not as strong as you lah.
2 bedder ATT 700k over leh.
I small fly only
Actually its good ATT no 1 bedder. So lesser competition.

if finance not as strong, can choose not to buy now and build up more capital to hoot later rite? u only mid 30s.....time is on ur side mah

[Xan]

upside controlled by govt liao.....

now buy stuck wif 4yrs ssd....even prices inch up aso cant flip.....

those who buying now r betting tat ppty market will continue to rise for at least next 4 yrs.....i am the one who betting against it

wud rather keep the money and enter when there is a px correction......

I bought unit trust and stuck in bank for 5 years. Bought abundance fund also stuck another 5 years. In the end not much profit margin. So in the end pek chek and decided to go into prop. To each his own lah. You bear, I bull....can agree to disagree one.

[Xan]

if finance not as strong, can choose not to buy now and build up more capital to hoot later rite? u only mid 30s.....time is on ur side mah

No lah, anything above 30s near 40s, your health starts to fail.
Must hit the iron while it is still hot.
I factor in the waiting time as well.
Life simply too short to wait lah - my own philosophy

[devilplate]

firstly i agreed WT 1bdr is the best 55xk u can buy currently....

but y must we buy now? ask urself whether u believe ppty market can rise for another 4yrs until ur SSD period is over anot?

ok la...goto stop liao.....

HAPPY DRAGON YEAR! ALL THE BEST!!! HUAT ARGH!!!

ps: into stock market now....BJ's NOL huat oredi......in the profit oredi.....HUAT ARGH!!!!!!!!!!!

[Xan]

firstly i agreed WT 1bdr is the best 55xk u can buy currently....

but y must we buy now? ask urself whether u believe ppty market can rise for another 4yrs until ur SSD period is over anot?

ok la...goto stop liao.....

HAPPY DRAGON YEAR! ALL THE BEST!!! HUAT ARGH!!!

ps: into stock market now....BJ's NOL huat oredi......in the profit oredi.....HUAT ARGH!!!!!!!!!!!

Wishing you huat in all your investment as well. Be it in prop or stocks.

[kane]

The 2 bedder at watertown could also be an option. It wasn't ridiculously price at 1300psf and higher. Unless those were the lousy stacks they showed me.

[Xan]

Oh, you have started to invest in property in your late twenties. Are you born in 77-78s?

I am marvel by your saving discipline.

That time property very cheap and no SSD and lower upfront cash payment. So can leverage on my first profit lor.
That time I enter into prop and all my friend also say I xiao. (crazy)

I never save much $$$ but:
Rule no. 1: Dont buy too expensive car lah, no use one. I drive an hyundai.

[KC76]

Speaking of integrated concept, anyone knows why harbourlights opp vivo city isnt attracting good rental income? $3k+ rental for 2 bedder with outlay of about $1.1m+.

would u guys consider its enbloc potential since rental income is pathetic?

[price]

No lah, anything above 30s near 40s, your health starts to fail.
Must hit the iron while it is still hot.
I factor in the waiting time as well.
Life simply too short to wait lah - my own philosophy

Xan, totally agree with you!

I'm 25 this year but have saved up quite a sum. Decided to invest now rather than wait.

[phantom_opera]

Dun worry hdb 700k at punggol 4y later so enough carrot heads later

[yowetan]

Xan, totally agree with you!

I'm 25 this year but have saved up quite a sum. Decided to invest now rather than wait.

How could you saved 200k by the age of 25?

[DC33_2008]

Sorry! Change topic for a while: Worth to invest in Bartley Residences next to bartley mrt stn and maris stella school at 1200-1300psf?

i tot u buy WT for investment???? can clarify?

y invest based on ur NEEDS and WANTS?

i nvr buy ppty for investment based on my own needs.....i nid at least 3bdr for my own stay but i bot 1/2bdr for investment hor.....

i stay far far pasir ris hor....but bot 8wood for investment hor....

[price]

How could you saved 200k by the age of 25?

I didnt save that much. I saved 100+

[yowetan]

I didnt save that much. I saved 100+

This is already a lot.

[price]

This is already a lot.

Discipline and guts i guess. I'm actually 24 turning 25 this year.

[phantom_opera]

How it is possible to save 100k if not working? Pocket money from parents so much ah?

[Xan]

Xan, totally agree with you!

I'm 25 this year but have saved up quite a sum. Decided to invest now rather than wait.

Must do your homework first before you do that hor. Else very dangerous.
Last time the property settings are easier for us to invest, but definitely not now. (I 100% agree with Devilplate on that.)

A lot of the people here are leveraging on the profits they had made in the past before they invest in today's setting.

But I don't expect a huge px correction or removal of CMs. If you dont believe, we can wait and see. Anyway, I might be wrong and if I'm wrong, I just hold on to it lor.

If you are not in a hurry to buy for self stay or investment, u can start see see look look first. I buy because some proj are hard to come by and they are within my budget.

[Xan]

How it is possible to save 100k if not working? Pocket money from parents so much ah?

For the first three years u started work, dont eat outside.
Eat what your mum cook.
Stay with your parents etc.
Like that shld be possible.

[price]

How it is possible to save 100k if not working? Pocket money from parents so much ah?

I do not depend on my parents for $ at all. In fact, they borrow money from me for their biz. I'm salary paid now but before this, I flipped my savings many times by buying and selling various stuff. Merely 6 years ago during my polytechnic days, I only had $10k+.

[Rosy]

I do not depend on my parents for $ at all. In fact, they borrow money from me for their biz. I'm salary paid now but before this, I flipped my savings many times by buying and selling various stuff. Merely 6 years ago during my polytechnic days, I only had $10k+.

that's great and promising young chap.

You should look into expanding your trade and forte

[price]

that's great and promising young chap.

You should look into expanding your trade and forte

Thanks! Too bad 2 years of NS made me stop what I was doing. Now i'm back to the normal track like everyone else, drawing a monthly salary.

[Rosy]

Thanks! Too bad 2 years of NS made me stop what I was doing. Now i'm back to the normal track like everyone else, drawing a monthly salary.

ic.

Why not take a plunge and start your own business again. You are young and got the capital now. Most importantly, you have got nothing much to lose since you are still single i suppose.

[price]

Must do your homework first before you do that hor. Else very dangerous.
Last time the property settings are easier for us to invest, but definitely not now. (I 100% agree with Devilplate on that.)

A lot of the people here are leveraging on the profits they had made in the past before they invest in today's setting.

But I don't expect a huge px correction or removal of CMs. If you dont believe, we can wait and see. Anyway, I might be wrong and if I'm wrong, I just hold on to it lor.

If you are not in a hurry to buy for self stay or investment, u can start see see look look first. I buy because some proj are hard to come by and they are within my budget.

Yes, some projects are hard to come by. And i got to face the fact that I only have a 5xxk budget with my 100+k cash.

[Rosy]

Yes, some projects are hard to come by. And i got to face the fact that I only have a 5xxk budget with my 100+k cash.

my advice to you is not to commit private property now since you only have 100k+. whereas i am confident you can flip your 100k into many folds via other avenues.

[price]

ic.

Why not take a plunge and start your own business again. You are young and got the capital now. Most importantly, you have got nothing much to lose since you are still single i suppose.

I was lucky and blessed to be in a good Firm now. Prospect and progression is good.

[DC33_2008]

Should have a stable income first and look for opportunities. Winners are people who swim against the tide and made a difference. Not follow the herd.