Hi AgentOriginally Posted by devilplate
Hi AgentOriginally Posted by devilplate
Jus did kaypo.. Kena snook.. She got advert but use another no.. HahahaOriginally Posted by rattydrama
so far she is good..
HDB buyer every cents counts so may not work well this strategy. Tens of HDB flats for sale, quite difficult.
usually agent will just let it be and move on.
The quantum is only around 350-400k range. Agent may well go fish another deal.
Originally Posted by devilplate
Hi ratty, jus check.. The strategy u used wen selling.. Isit urs a pte or hdb?Originally Posted by rattydrama
this is for the hdbOriginally Posted by Sgysfj
Wow n d agent agreed to sell at 50k above mkt price?Originally Posted by rattydrama
to me...almost all HDB units r selling with COV...and very norm to get 20-30k COV..BUT there r many pte selling at value especialy in CCR....so which one is more competitive?Originally Posted by rattydrama
for illustration only.Originally Posted by Sgysfj
actually the price we're referring also includes in the COV price. for example the total price of HDB, 4 bed room is around 300K + COV 35k = 335K. it is very difficult for the agent to sell at 400K in HDB context cos buyers are unwilling to pay 100K cov.
Originally Posted by devilplate
Tot it's d actual figureOriginally Posted by rattydrama
Prices for lilydale remains flat..never come down..
The unit I was aiming still nt sold eventhough I was told by agent there is a buyer who came for 2nd viewing..
In any case, my flat is not moving.. Perhaps it's not fated for us to move
Originally Posted by rattydrama
Ratty, sidetrack a bit... Mind sharing how long u took to sell ur flat?
I hv been trying to sell for one month Liao.. So far gutfeel Is market is bad n response is quite bad... Perhaps not the time to sell n upgrade?
Me n wife almost giving up hope Liao..
we got the first offer in the 4th week and we decided to sell. You need to be patient. Before the cooling measure, I understand there are a lot of viewers. The agent I used predicted that the re-sale flat viewer will be lesser going by the month.
urs was sold b4 announcement?d previous time wif the previous agent,I had offer on the 1st viewing n another on the 2nd viewing.on hindsight we shld hv accepted the 2nd offer...Originally Posted by rattydrama
Need ur views on another issue.... My valuation is oredi 20k above most flats in the 4 blocks cluster... However the new agent wan to do a new valuation saying she is confident to increase the valuation... By at least 2k..is tis a good idea? I'm actuali quite satisfied wif my current valuation...
the valuation was done before the announcement and the house viewing was done after the announcement. The offer came only after 3 weeks of intensive viewings.
The asking price was high and alot of viewers like my place but could not commit during that time cos they all want to sell away their apartments prior to booking my place. Eventually one made an offer.
I think you can do a valuation - ask the agent to foot the bill lor. If the price is below what you have it now, still can use back the old valuation report right? (pls check with agent - not sure of this details)
That is good that the valuation is higher than most blocks so eventually you can ask for lower cov and still can sell the flat higher than the rest in absolute quantum - win win.
I tink the key word here is 3 weeks of intensive viewing..now can't even get anyone come for viewing... Guess we rili have to be very patient.. In any case, worst case scenario don't upgrade lorOriginally Posted by rattydrama
dun sell HDB lar...now u sell and upgrade...ended up with bigger DEBTOriginally Posted by Sgysfj
got spare cash den upgrade later on and still keep ur HDB for rental
Originally Posted by devilplate
Tot of it...but we r lagging in spare cash..hahaha
Originally Posted by rattydrama
Though my valuation is abt 20k higher thn most...since d announcement my last offer was oni 6k higher thn d highest flat sold in these 4 blocks accding to hdb resale price website...
Therefore the quantum is only slightly higher though d valuation is higher
Hi devilplate, ur suggestion of holding on the hdb n buy a pte later thn rent out the hdb was consideration I hv made.like I mention in the earlier post,we stil lagging in the cash outlay part now but I believe we can actuali do in it in a few yrs time.
I also agree on the part of hvg a bigger debt shld we upgrade.however,my tinking is tat we upgrading solely for homestay..not for investment of any sort.thus the rational of buying a real place tat we rili like.it's more like a progression for us, frm hdb to pte..
Having said tat, I wld like oso to have ur view n also others if tis is a good time to tink of tis now... All views are greatly appreciated.
Is your current home fuully paaid? No money no honey and no hanky panky.
What does this mean?Originally Posted by kingkong1984
Oh, I was replying to sgysfj or something like that. He mentioned that he need to sell his HDB before buying lilydale.Originally Posted by acewee
All things to do must have money.
No money no honey = no *** from wife if no money
No hanky panky = you use your imagination.
Alamak, like dat also can. Fully paid doesn't mean have cash on hand leh.Originally Posted by kingkong1984
The point is with the new rules...once you sell HDB, you give up the chance to have own both HDB and private at the same time...
Originally Posted by Sgysfj
what does fully paid HDB got to do with cash on hand or no cash on hand?
Originally Posted by acewee
he may refer to he can afford private apartment and use the proceeds from the HDB sales thru bridging loan for his next purchase or next 2 purchases.
I'm just commenting on the threads above.
Originally Posted by gohsoonk
Tis getting confusing... Who refering to who?Originally Posted by rattydrama
That is the case now. When u grow older, ur needs will change. Children ? Plan for retirement income ? Think a little further away into the future... Maybe it's not a bad idea to have a 2nd pty as an investment, especially the case of this hdb rules allowing u do the pte investment but not the other way round.Originally Posted by Sgysfj
Of course, that is if u can afford the investment.