You can ask me again in Jan 2011.Originally Posted by fooblackie
You can ask me again in Jan 2011.Originally Posted by fooblackie
there is no bench mark for renovation. Usually if owner pay 50k but when they sell they cannot really take back the 50k. You probably can nego and add another 20k for that renovation work that he has done in your own costing.
Just say that you dont like the reno and ask for better price lor.
Its a hassle to work with reno contractor and usually you end up paying more than what you have budgeted.
Originally Posted by Sgysfj
Last edited by rattydrama; 18-10-10 at 09:44.
this is an FEO old project. workmanship not so good in those period.Originally Posted by patricia
Last edited by rattydrama; 18-10-10 at 09:43.
Tats y we wana avoid major renovation if possible.fair to say tat tis particular unit needs little or no renovation at all.jus wondering if buying it @ 560psf is a
good move now... Or it's buying wif our heart , not wif our head. Hvg said tat it is for our homestay.
Duno if we r able to nego the price down further based on the owners reno.. I tink it's one of their selling point
Originally Posted by rattydrama
its about what price are you willing to pay after you do your own sum and comparison.
For example, If you dont have enough cash for downpayment n reno at the same time, you will have to get a cheaper unit which is probably a non renovated unit and do reno yourself much later if you really like lily that much.
I would say use our brain and not heart in decision making as ppty price in SG is very expensive.
If I were to buy into Malaysia property with a fraction of SG price, I will use my heart wholeheartedly.
unfortunately I hv to put on hold all the plans coz d agent tat was selling my hse suddenly say both my buyers who had put in firm offers earlier pulled out. Tis hapens aft I ask him to allow me to speak to the buyers direct to nego. Haizzzz...Originally Posted by rattydrama
Dun take anybody's word for it. Ask for that 1% cheque... but make sure it clears too.Originally Posted by Sgysfj
Talk is free. Talk Cock is laggi better.
since you engage e agent, you should let them or push them to do the necessaries. be it neg, utilise their service. Push them work harder for their comm...Also your agent may pull a fast for that..i don think the buyer back up if they are serious buyer...Originally Posted by Sgysfj
If you have signed exclusive, then let them(agent) bring in new viewers...is matter of time..
If you are unable to tie in/bridge in the new hse..a better unit later part..if it is your, it is yours.
as for me, when i put in an offer, i push the agent(represent buyer) to neg. depending the conunter offer, i will adjust..if the seller/agent too hard core..i usually back up...move on to llok for next unit..
I tink d agent trying to pull a fast one cos only yesterday tat particular buyer put in a better offer then today wen I ask d agent to let me talk n nego wif the buyer, the agent inform the buyer pull out.
Now d agent suggests to accept the other offer which is lower abt 5k and he will cut his commision to 1%.
Rili all tis stories are making me n wife tired.we duno who to trust anymore
Originally Posted by zzz1
I had viewed few unit there also...most of the unit are generally well kept. i like the wooden sliding doors leading to the kitchen...believed that developer had done a good job also...Originally Posted by Sgysfj
there will be many unit for you to choice...alot units had put for sale
look like he just want to close a deal to realise the comm..How you u had marketing your unit?Originally Posted by Sgysfj
Originally Posted by zzz1
Wat is ur general sentiment of the place? U buying it for homestay or investment?I hv viewed more than 5 units there n so far only one impressed us n we r abt to make an offer for it til a cock up happen.
Now we wnt knw if we wil ever find another one lik tat shld we miss it
in any case, do u tink the units r worth to buy now based solely on pricing alone?I'm asking cuz if compared to northoaks / woodsvale, lilydale pricing is slightly higher..
if you're not looking at new launches, really, second hand freehold better. Price not much difference.
Originally Posted by zzz1
Jus coming 3 weeks. It's our first time selling n buying. I must say it's a scary process with alot of time bombs n traps. It's not So straightforward as wat I expected it to be
Originally Posted by Komo
Rili? I tot freeholds in the north like seletaris etc are much more expensive?
Can get a 3 bedder for 750k plus minus?
In wat way are the freehold beta than leasehold?
Seletaris still offer good value. looks like transaction is heating up!
Address
Tenure
PSF
Area Sqft
Price
Contract Date
505 Sembawang Road #04-40
Freehold
$661
1345
$890k
24 Sep 10
505 Sembawang Road #04-38
Freehold
$624
1313
$820k
09 Sep 10
507 Sembawang Road #01-51
Freehold
$588
1539
$905k
09 Sep 10
511 Sembawang Road #04-76
Freehold
$639
1421
$908k
13 Aug 10
501 Sembawang Road #01-15
Freehold
$614
1604
$985k
12 Aug 10
509 Sembawang Road #03-60
Freehold
$645
1658
$1070k
10 Aug 10
505 Sembawang Road #03-36
Freehold
$597
1356
$810k
28 Jul 10
501 Sembawang Road #04-09
Freehold
$663
1636
$1085k
21 Jul 10
505 Sembawang Road #03-44
Freehold
$622
1206
$750k
28 Jun 10
i had viewed few unit, was considering tenancy out and seat on capital appreciation before the new launch. However, did not materialise the plan.Originally Posted by Sgysfj
Most of the units are well kept, higher floor can catch some seaview and the air hub is near the coner..If you are looking for home stay..it should be fine...
Last edited by zzz1; 18-10-10 at 23:09.
505 Sembawang Road #04-40 was previouslly done in Feb 10 below 600psf. that unit is facing the disposal/substation side. ...
Last heard agent told me that development checking if feasible to do a hot spring...any updates..?
CORRECTION:Originally Posted by zzz1
It was done at slightly above 600 psf and not below ....memory is getting rusty ...
For HDB, only can take 1K cash and not 1%. So unless an OTP is signed, there is nothing you can do if buyer decides not to exercise the TOP. All you have is the 1K to be shared with the agent 50/50.
Selling HDB is quite troublesome.
Originally Posted by cashrich
den dun sell lahOriginally Posted by rattydrama
This is how I did my sale and everyone is happy over it. No complaints, no ifs, no buts and no I think.
I sign an exclusive with the agent for a 2% com. I ask the agent to sell at a price way above the market price X. He wanted to earn my com so he agrees.
But actually my target price is 50K below my price given to the agent which is price Y.
The agent work demn hard cos of the 2% com. He packed all viewings at one go for 3 weekends to create buyer's interest and sms all viewers if an genuine offer came by. Every week, I sms him for update and sometimes after a weeknites ad hoc viewings (2nd viewings), I invite him to drink coffee.
After 3 weeks, he came back with an offer which is 30k below the X price.
I accepted the offer immediately because is 20K above my Y price. And I told him, because you cannot sell at X price, your commission has to be cut to compensate my lost of 30K. The agent LL and agreed with me. I put him into a situation that either he takes it or he dont have any commission at all.
I actually want to cut more but my hubby say let him earn a living. Now my agent gave me all his tips into buying and selling cos it was a fast deal. I learn a handful from him.
Originally Posted by Sgysfj
i encountered same case before - but i was the buyer. The reality is likely to be someone offered a high price for your flat, but the agent gets 1.5% comm. The other guy offered lower, BUT had a condition that he needed to sell his house first (there are already ready buyers - and guess who's the agent for that?)Originally Posted by Sgysfj
Go with the first, get 1.5% comm. Go with second, get 1% + 1.5% comm. Nuff said...
Originally Posted by mantrix
All tis is mkg me tink twice abt selling..duno who to trust
In my cAse duno if I can try tis.. But it's worth a shot...
Originally Posted by rattydrama
ur hubby is more humane....Originally Posted by rattydrama
I guess its in our DNA to ask for the cheapest. haha. Man are different. At one point I told him we might not want to sell if he cannot get the X price due to the 30 Aug ruling. He's more nervous than us.
Originally Posted by devilplate
Originally Posted by rattydrama
I rili shld have read abt ur method of dealings wif agents before we started selling. It's a great strategy I must say. Well, it's abit late now..Haizzzz
There are 3 in the area - Northwood (140 units), Sensoria (70) and Seletaris (600+?)Originally Posted by Sgysfj
Northwood is the newest (TOP last year), followed by Sensoria (3 years) and Seletaris (around 10 I think)
Prices for Seletaris is cheapest, though it's really old and in the flight path of the helicopters. Also beside 2 busy roads with nary a coffeeshop nearby...not my top choice obviously. I won't buy just cause it's cheap.
Since you are not decided on anything might as well visit more condos to open up your options. Both Northwood and Seletaris asking around 750 to 8xx psf so worth a look - within your price range I guess.
Freeholds never expire generally but leaseholds, after 15 years, will depreciate since they have a limited lease. So in future, assuming you've stayed for 10 years at the LH condo, it will be close to 20 years old. Unless it has a good location or some thomson line mrt pops up beside it, chances are prices will appreciate (if any after 10 years) slower than a FH.
i am amazed tat northwood r transacting at around 800psf!
60 Jalan Mata Ayer #03-06
Freehold
$772
1335
$1030k
08 Sep 10
60 Jalan Mata Ayer #03-08
Freehold
$802
1335
$1070k
16 Aug 10
66 Jalan Mata Ayer #03-17
Freehold
$792
1313
$1040k
26 Jul 10
if allow to build high flr..mabe the views will be fantastic....wat a waste