Buy house now?

[EricTan100 0]

Just sold my condo 2 weeks ago. Intend to buy a landed at 2.9m. now having covid19 pandemic... Was wondering whether to proceed or look for rent first... Anyone got any comments?

[snoozee 98]

question is whether you are buying for short term investment or for long term stay? if short term investment, then no harm wait a bit more to see where the prices are moving. if for long term stay, if you see a suitable house, then no harm getting it now.

[EricTan100 0]

Thanks

[petetherock 13]

IMO you take take a year to find something that suits you. So no harm looking .. do your finances first though and remember to budget 20% more than expected for renovations 

[mamamiasimmy 0]

Does not look like the worst is over yet for covid19 cases, would suggest that you should take a look see approach. unless there is a good deal from this economic situation.

 

[Anqi 0]

Luckily you disposed your condo fast! Right time to source for your landed!!

[Leah Lee 0]

during crisis, all the rich will be looking out for value buy or fire sale

[Tabitha Loo 1]

should hold on for a while, looks like recession coming

[Majed 1]

I think is a good time to enter the market as sellers are more willing to reduce their price because of the current situation now. 

[Elias Evph 3]

I saw some post from FB shouting for fire sales. 

[Leah Lee 0]

anyway just buy within your affordability and can hold on when price downtrend then no risk at all when you should enter market as whatever price goes down will trend up one day

[Majed 1]

Landed if FH would be nice!!! Getting lesser FH landed nowadays!! 

[Adam Ng 0]

will wait and see market trending before entering market

[Elias Evph 3]

You can just download this app call Ohmyhome, they do have new projects and resale listing. Also can check your own property valuation or the unit you like also can check, and is Free app.
I downloaded.

[snoozee 98]

all the same ppl talking among themselves. *shakes head*