Page 2 of 5 FirstFirst 12345 LastLast
Results 11 to 20 of 41

Thread: First investment need advice!!

  1. #11
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    8,036

    Default

    Die Die must buy Private.

    This is what I will do.

    1. Look for resale freehold, new private condo you are paying for the future price so not much appreciation.
    2. Look for HUDC and wait for en bloc.
    3. Look for freehold walk-up apartment and wait for en bloc.

  2. #12
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    8,036

    Default

    Quote Originally Posted by Pynchmail View Post
    Is the above referring to Seller Stamp Duty (SSD)? SSD is based on selling price of the property and not the original purchase price.
    Nope, SSD is on the original purchase price or the market value whichever is higher.

    e.g. buy 1,000,000 than sell 800,000 within first year. SSD is 16% of 1,000,000 about 160,000 only.

    https://www.iras.gov.sg/irashome/Oth...tial-Property/

  3. #13

    Default

    What is the difference bet resale FH and new private condo?
    Isnt future pricing also factored in for resale FH also?

    For old resale FH, would upside also be limited since the runup of prices the last few years also pushed their prices high high

    if a new higher priced LH condo has higher yield than old resale FH, would not both even out in 5-8 years?


    Quote Originally Posted by Arcachon View Post
    Die Die must buy Private.

    This is what I will do.

    1. Look for resale freehold, new private condo you are paying for the future price so not much appreciation.
    2. Look for HUDC and wait for en bloc.
    3. Look for freehold walk-up apartment and wait for en bloc.

  4. #14

    Default

    Quote Originally Posted by Newbie1 View Post
    What is the difference bet resale FH and new private condo?
    Isnt future pricing also factored in for resale FH also?

    For old resale FH, would upside also be limited since the runup of prices the last few years also pushed their prices high high

    if a new higher priced LH condo has higher yield than old resale FH, would not both even out in 5-8 years?


    Take for example

    Farrer Road

    1 side FH
    Sommerville park
    Spanish villa

    the other side LH
    new D Leedon

    both same psf ... if not higher psf for D Leedon


    which is a better bet in the long run ?

  5. #15
    Join Date
    Oct 2012
    Posts
    1,160

    Default

    Quote Originally Posted by Red Dot2 View Post
    Hi great masters & experts!

    I would like to invest in a private property & would be grateful for any sound advice on which development I should consider. The property including stamp duty should be within $1.1mi & this will be my first property purchase.

    My plan is to cash out within 5-8ys & then buy a hdb resale flat to retire in as I am already 42 yrs old. Meantime I am living with my parents.

    Location doesn't matter as it's for investment so capital appreciation & rentability is most important.

    I Am considering Trilinq 2 bedder costing about $1.05million but psf is about $1500 which seems to be steep. If I look at CCR, I can only get a 1 bedder with my Budget. Which would have better potential?

    Appreciate any advice on where's the best potential bet to place. Thanks!!
    I am no expert. So do not blame me if price did not go the way u want. But i find woodlands condo great value for money. Future regional centre, alot of B1 offices to be built and future thomson line. However their price and rentals r rather low now. $900k can get u a large 3 bedder in rosewood or casablanca.
    Jurong and serangoon regional centres price already hype up alot now left woodlands. Not much condo near woodlands central as of now.

    Went to see new launch forest woods at serangoon. 1 bedroom + 1 study room already start from $680k. Face pool units likely $700k above. I find it expensive...

  6. #16

    Default

    Quote Originally Posted by star View Post
    I am no expert. So do not blame me if price did not go the way u want. But i find woodlands condo great value for money. Future regional centre, alot of B1 offices to be built and future thomson line. However their price and rentals r rather low now. $900k can get u a large 3 bedder in rosewood or casablanca.
    Jurong and serangoon regional centres price already hype up alot now left woodlands. Not much condo near woodlands central as of now.

    Went to see new launch forest woods at serangoon. 1 bedroom + 1 study room already start from $680k. Face pool units likely $700k above. I find it expensive...
    Woodlands condo price Low for a reason, far from from city....Forest wood price for a reason... I am no agent, but I have tried both areas...conclusion nver buy Woodlands, I got better yield and rental nearer town

  7. #17
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    8,036

    Default

    Quote Originally Posted by Newbie1 View Post
    What is the difference bet resale FH and new private condo?
    Isnt future pricing also factored in for resale FH also?

    For old resale FH, would upside also be limited since the runup of prices the last few years also pushed their prices high high

    if a new higher priced LH condo has higher yield than old resale FH, would not both even out in 5-8 years?
    Depend on Market, location and timing you will than decide which is the best option. Current market better go for FH because it going to be a long time before another bull run. Being through two bull run don't know can see another before I leave this world. One in 1996 another 2006

  8. #18
    Join Date
    May 2012
    Posts
    3,952

    Default

    Quote Originally Posted by Arcachon View Post
    Depend on Market, location and timing you will than decide which is the best option. Current market better go for FH because it going to be a long time before another bull run. Being through two bull run don't know can see another before I leave this world. One in 1996 another 2006
    Actually my reading is a bit different. TDSR will continue to shackle the amounts that people can set aside for properties.

    In the case that all properties are limited in price growth, the leasehold property may experience a reduction in interest payments unless priced identically to the Freehold property.

    My take is for smaller units where plot ratio is not optimised and quantum is friendly, set aside solely for investment, FH is better. For larger units with the intention to be housed (probably forever), leasehold may be more appropriate to minimise risk of not being able to finance loan at some juncture.

    Location is still more important in the current market. And because TDSR limits the bullets one has, it pays to consider carefully.

    Being relatively new is still helpful for own stay and rental as well for modern generation. Unless one treats it as buying land that is not very meaningful for living purposes.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  9. #19
    Join Date
    Oct 2012
    Posts
    1,160

    Default

    Quote Originally Posted by henryhk View Post
    Woodlands condo price Low for a reason, far from from city....Forest wood price for a reason... I am no agent, but I have tried both areas...conclusion nver buy Woodlands, I got better yield and rental nearer town
    Yes indeed. No one will know the future. Last time people say punggol no good, jurong no good but what happen? Both r extremely far from city too. I remember someone bought sky habitat at $1700psf and reflection at keppel bay during launch and those freehold ccr few years ago say very good sure make money.
    Last edited by star; 26th September 2016 at 01:17 PM.

  10. #20

    Default

    Quote Originally Posted by star View Post
    Yes indeed. No one will know the future. Last time people say punggol no good, jurong no good but what happen? Both r extremely far from city too. I remember someone bought sky habitat at $1700psf and reflection at keppel bay during launch and those freehold ccr few years ago say very good sure make money.
    Punggol really no good, but Jurong v good....also made good money on Tis...and rental is easier...but pls don't buy $1700 psf Jurong gateway la........

Page 2 of 5 FirstFirst 12345 LastLast

Posting Permissions