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Thread: Terraced house in Changi bought without viewing for $2.2 mil

  1. #1
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    Default Terraced house in Changi bought without viewing for $2.2 mil

    https://www.edgeprop.sg/property-new...viewing-22-mil

    Terraced house in Changi bought without viewing for $2.2 mil

    By Timothy Tay / EdgeProp Singapore

    May 19, 2020 6:58 PM SGT


    A freehold, inter-terraced house on Dido Street in District 15 was sold for $2.2 million, or $962 psf on land area. The private-treaty sale was conducted in April by the auction department of ERA Realty.

    The house is in the two-storey, mixed-landed Opera Estate off Changi Road, and sits on a 2,286 sq ft plot.

    Due to the “circuit breaker” measures that started on April 7, the new owner, who is a local, was unable to view the property. The buyer then decided to acquire the property after only viewing pictures of the house. The deal was closed by Alison Lee, assistant vice president, auctions & sales, at ERA Realty.

    There have been 21 resale transactions at the Opera Estate over the past year, and the properties fetched an average price of $2.74 million each, or about $1,412 psf on the land. The average size of the houses was 1,941 sq ft, which is smaller than the house sold by ERA.

    The inter-terraced house was put up for auction earlier this year as a mortgagee sale, but was unable to find a buyer. At the time, the house had a guide price of about $2.6 million ($1,137 psf).

  2. #2
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil





    At this price no need view, if the buyer still wants to view confirm will be waiting for long long time. Got money does not mean can buy, got the knowledge, market data, and a helping hand more important. If you are near anyone telling you to wait, market going to crash, without giving you facts and figures please get away from the person, the person is toxic. If you are among a group of idiot you know you will become one of them sooner or later.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  3. #3
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Now is the trend buying million dollars property without physical viewing at all. Power!

  4. #4
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Without understanding the facts and the figures is like driving a car without a license.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  5. #5
    Join Date
    May 2020
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Quote Originally Posted by Majed View Post
    Now is the trend buying million dollars property without physical viewing at all. Power!
    Oh yes, virtual viewing by zoom is popular now.

  6. #6
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Rich people can buy without physical viewing!!! LOL

  7. #7
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    could it be because auctioned property usually sold at a lower price, that's why can buy without viewing

  8. #8
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    auctioned properties are projected to sell below market price like bank sale or lelong sale?!!

  9. #9
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Dream to own a landed property!!! Maybe next live!!! LOL

  10. #10
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Possible but are you ready to buy.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  11. #11
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    you never know the real need why people can buy without viewing, maybe very near to parents house or siblings etc

  12. #12
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    I still prefer to view the physical property itself!!! No matter what kind of price we are looking at!!!

  13. #13
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    Let's take this period as opportunities rather than crisis. Stay safe at home! Cheers!

  14. #14
    Join Date
    May 2020
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    Default Re: Terraced house in Changi bought without viewing for $2.2 mil

    the buyer is probably very familiar with the neighborhood and knew what he want, thus can buy without viewing

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