sugar 0 Report post Posted August 15, 2011 which would you choose?a) location central, low cov, unit age around 25 years and need to redo entire house, more amenities.b) location in far north, higher cov, unit age less than 15 years, minimal reno needed, near industrial area.both are low floor, valuation difference about 50k Share this post Link to post Share on other sites
whisper 0 Report post Posted August 16, 2011 First of all you didn't mention which price is higher. Based on the condition you listed out, I assume budget (COV+reno+valuation) is not a major consideration factor here. Assuming you like both of them and put aside other factors like budget, distance to workplace, any good school nearby for kids and etc. If I were you I will choose A. When I consider whether a flat is a good buy, at the same time I will think whether it is saleable in future. Some ppl just don't like low floor. From our flat hunting experience, low floor tends to offer lower COV so I am a bit surprise when you say B required higher COV. I guess your far north refer to B.Batok?? Other than that, low floor unit also take longer time to close deal. Nowadays resale unit can be grab away on the day or next of the open house. But we often see low floor unit appear on ads again for more than a month. Since both are low floor unit, then my major consideration will be the location. So to me A is the winner. Share this post Link to post Share on other sites
therat 18 Report post Posted August 16, 2011 I go for a)Due to1) location central,2) low cov, 3) more amenities.Not a concern to me1) unit age around 25 years and 2) need to redo entire house, Share this post Link to post Share on other sites
kryeo 1 Report post Posted August 25, 2011 I will choose (A)why..?1) location centralit's convenient to go anywhere2) low covit's pretty hard to find low COV now3) unit age around 25 yearsi prefer more mature estates (sqm bigger...??)4) need to redo entire houseas u mentioned both are low floor & valuation difference about 50kif u have that extra for higher COVwhy dun use the difference between the "higher COV & lower COV" to simple reno the flat...??5) more amenities.everything (shops/mrt/food centre i assume) will be nearer and more accessible. Share this post Link to post Share on other sites