incubator
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Everything posted by incubator
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Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Must bargain then jialat already. So far we only made an offer at the asking price and guess what, the owner said raise up to another $5K and then before we could make a decision, the owner decided not to sell anymore. CAN DIE. Am going to try to make an offer anyway, the next time I see an unit that I can imagine myself living in. Sidetrack abit, how do we find out if the previous owner owed loansharks or someone died in the flat before etc? Will neighbours be truthful enough? -
Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Congrats! =) Was the COV already this amount or you had to bargain it down? You see, my hubby and I are the straightforward type. We see an unit, told the price, if we can afford we consider, if cannot, we walk away. So far, the COVs have been rather ridiculous, I must add. -
Wow! I really enjoy reading this thread. I hope you don't mind if I copy some of your recipes I really like cooking and baking too. Now I will have to remember to take pictures and then post them here.
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Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Thanks Bepgof Your reply is definitely food for thought. Honestly, I have not decided yet. Apt not sold yet and we are hoping to find a flat first. If the apt is sold (hopefully soon as there were many viewers but no takers. Everyone is playing safe I guess) before we found a suitable flat then no choice but to rent short term (max 6 mths) as renovation will take a while plus already too crowded over at in-laws. -
Where Is The Haunted List?
incubator replied to sugar's topic in HDB New/Resale Flats, Executive Condominiums
Seriously? Wa, then someone pls faster post the link here. Thank you! -
Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Wow, you are amazing and still kept cool among all that! Ok ok, I must practice drawing on sand to attain zen.........*Oomph* -
Looking really good, potatoes! How long do you think will be needed to do up an EM like yours? (Hee, I am planning when my turn's here)
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Hi Bluesummerayz, Just dropping by! I love your new home and your sense of humour. And of course for your sheer hard work....how to scrub door handle from bronze to silver?!
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Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Really appreciate your reply, Bluesummerayz! I was thinking of that too but everyone else around me seem to disagree, quoting about the rental $ (which could go into paying for COV) and how the little ones will need to move and move again. But I think I typed wrongly, I meant to say I've been viewing resales since Dec'10 not '09 but seriously, the COVs are so high that I felt that I was just wasting my time especially when these days, 5-6 co-broke agents would arrange groups of buyers to view the flats altogether. Felt like I was at the market buying fish. -
Pay >$100K Cov Or Rent & Wait Out?
incubator replied to incubator's topic in HDB New/Resale Flats, Executive Condominiums
Hi Plastic3, We are looking at Hougang (Lor Ah Soo)/Serangoon area. Will likely to redo everything so very original (or "lok") condition is ideal. The only requirement is that it has to be mid-high floor. So far the cheapest one asked for $50K COV but before you could even discuss and think about it, it was gone. My concern is when we manage to sell this apt off and still unable to find a suitable EM, should we rent a flat (hoping that COV will drop in the next quarter) or by paying ridiculously high COV. I heard there will be cooling measures for the COVs but looks like they are going up instead of coming down. -
Hi everyone, Just a little intro abt myself: I am an educator turned housewife to spend more time with my 2 young children. For practical reasons like educational funds for the little ones, we decided to sell our current 2 bedder apt to buy a bigger flat with the hope of me teaching from home. Since Dec'09, Dh & I have been looking for suitable EM/EA/5A (in that order with EM being our top choice) in an area near in-laws/ kids' future school. The ones we looked at ranged from 20-28 year-old flats but most were asking for high COV ($80K-$120K!). I hope to gather some genuine advises on whether I should rent a flat for a while to wait out for a suitable unit (with a suitable COV). Some say the rental incurred is more than enough to cover the high COV but I am not sure, to be honest, those we saw with sky high COV were not exactly "The One" if you understand what I am saying. Thanks in advance!
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Congrats potatoes! I actually viewed this unit too. All the best in the transformation into a beautiful home for your family.