Valuation For Pte Property

[Chunky Monkey 2]

AR is not what is left. AR looks at what is being serviced by you. That's why the lower the better.

Yes, any earned income should go to the denominator.

Net salary + monthly contribution to CPF-OA + other monthly income.

[HugZ 0]

AR is not what is left. AR looks at what is being serviced by you. That's why the lower the better.

I did a rough calculation, and after factoring in my new installment loan amt. My AR should be about 0.375.

Maybe I might not buy the property afterall, anyway, no hurry for me as I still have a place to stay.

Sellers seem to be asking for ridiculous pricing, perhaps testing the mkt. I'm looking at a suburban area only. I do not think that suburban area is so "hot" as what the agents try to paint, and whether it will really pick up as fast as prime areas is still a questionmark. I seriously doubt the middle-class got such buying power to sustain or push the suburban mkt.

Any views? Would love to hear some opinions.

[Chunky Monkey 2]

Hugz, I have my views but I won't post it on a public forum with agents lurking around who can't wait to talk up the market. I will PM you instead.

[HugZ 0]

Ok.. Chunky Monkey, I've replied your PM. Thanks!!

[ARCHer 0]

AR is not what is left. AR looks at what is being serviced by you. That's why the lower the better.

Yes, any earned income should go to the denominator.

Net salary + monthly contribution to CPF-OA + other monthly income.

Sorry. You are right. I was actually referring to 1 - AR rather than AR i.e. the amount you have left (rather than the amount you would pay).