Cheng038

Just my view. The interest rate seems to be lower but the interest amount is substantial to eat up all your profits. Let's do some very simple calculations (for discussion sake, and don't include inflation, compounded rate, reducing principles, etc). Say, if you buy a unit at $350K only, and your loan is 2% every year. Your total interest over 30 years of tenure is $210000. Let's say property price went up and you sell it at $450K 5 years later. Your interest for that 5 years should be $35K. Plus the reno costs and whatever fees you need to pay in relation to the sale, you don't earn anything. But note, this is a simplistic scenario. In reality, your loan interest is not 2% forever. So, my view is, service the loan quickly up to a substantial amount so that you have little principal to pay off in the subsequent tenure period.

Hi Linda, would appreciate that you give me YMH Builders' contact. Thanks a lot. Email is cheng038@gmail.com

Hi, I need to do some a&a to my house too. Would greatly appreciate that u give me the contact details of your builder and architect, as well as provide me the contact info for purchasing the$3psf Italian marble. What else do u source yourself, can u also provide me the contact details? Thanks a lot! My email is cheng038@gmail.com.

Hi Lily, I just Bought an old house and needs to re-roof. Would greatly appreciate it if u could email d contact of your roofing contractor. My email is cheng038@gmail.com. Thanks very much!

I have been renting my condo for a no. of yrs and recently my hdb flat.Give yourself enough time to choose your tenant and hand over the keys the next day u move out. 2 mths is gd. Try to pick thosewho are a young married couple, no kids, or if with kid, at most one and old enough not to damage things. If they have a maid, better still as they will upkeep the house.

Hi Simon, I have 3 rooms which are on parquet for ten yrs. Does total resanding and recoating with a waterbased coat really make d parquet look as gd as new? I also wish to lay parquet on some areas joining these 3 rooms. Will the new parquet n recoated parquet look d same or d new parquet will stand out prominently ? I am contemplating changing the whole flooring of all rooms to new parquet but thought it is such a waste of d old parquet. Afterall they are good wood that should last a good 20-30 yrs, aren't they?----

Hi, how old was the parquet? Does it really look as gd as new after the sanding n varnishing? I am shifting to another place n 3 rooms have 10-yr old parquet. Was wondering whether to sand it n varnish, or change the flooring. Thx!

Btw, I am shifting to another place and 3 rooms already have parquet flooring which had been there for 10 yrs. Was told that with sanding n fillers n revarnishing, it will be as good as new. Anyone tried this before? Thks!

I had nyatoh strips for my 2 platforms.Was finished with lacquer. 13 yrs already. Should say that still look good. Very happy with it