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Is it a good time to buy a landed property to stay now?


Milgram
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Will talk to them first bro...very sian...don't know who to listen to...don't if the agents are sianing us or not.... [crazy]

 

It's a game of Poker always.

The only way to "win" is not to bluff but to make sure that you can afford to lose.

 

All I can tell you, having surveyed the market at its peak (Jun 07 to Jan 08)

is that the price is not right.

 

Stand your ground.

Dont forget you still need to pay stamp duties.

That is not the only house in Singapore.

PLenty to go around...hoho..

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Neutral Newbie
How does the manhole inside or outside the house impact on the purchaser? I intend to buy a house in OZ, and I would appreciate it if you could enlighten me about what to look out for when buying a house, other than looking at the roof.

 

Manhole in house is very bad feng shui. Very "Ying" (doorway to the other side) and very bad for your finance(sure go broke). It's a feng shui taboo, just like stove cannot face sink like that.

 

btw, which part of OZ you intend to buy?

 

Probably in Blue Mountain or somewhere in the North-West of Sydney. Return from Tassie recently, and I like the environment there too.... quiet and peaceful and plenty of fresh air. Another possibly.

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Neutral Newbie

Few months back its was those above lorong 32 able to get loans from commercial bank. Now private pty mkt dead quiet, banks more lax liao. smile.gif

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Neutral Newbie

The higher odd no lorongs... even no lorongs buay sai liao, flooded with you-know-what. laugh.gif And towards the end of it are apartments liao.

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Neutral Newbie

 

The agent say got people offer lah...ask me hurry also...haiz..

 

Agent always say so one lah. You tell him if people offer higher price then good for him/her cos got more commission lor. I usually tell these people to fark off. They treat you like a fool so you do the same to them

 

this i beg to diff... an smart agent wont do it this way, u see, if the price were to 980K, agent commission say 2%, that's $19600, if the agent close the deal at 940K, the commission will be $18800 the difference is only $800, i dont think the agent will be stoooopig enough to forgo $18800 juz becos of $800. what if he get less than 2%? the different is even smaller... perhaps in this case, the agent do have an offer but is lower than 940K, so after much persuation, they can reach say 960K and then close the deal.

 

Then again, given the current mkt any offer sup liao. Where will wait for higher offer since the comm only diff by $800.

 

What i see is bro Milgram is a direct buyer to the agent while the earlier offer that the seller agent got was a cobroke case so comm is split 1/2. This agent sure will call Milgram and test water. laugh.gif

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Neutral Newbie
To be exact, it shd be min 15070 sq ft.. but from what I know there's some criteria to fulfill but don't need special permission leh..

 

Yah, min standby 2mil cash in bank for a entry level gcb downpayment. laugh.gif

 

buy gcb land w/o built up lagi jialak, bank loan amt capped at 8mil max and only 70% loan base on valuation. sweatdrop.gif

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quote:

 

What i see is bro Milgram is a direct buyer to the agent while the earlier offer that the seller agent got was a cobroke case so comm is split 1/2. This agent sure will call Milgram and test water

 

--------------------------------------------------------------

 

You are spot on Phochem.

I have seen more car accidents than housing agents with high integrity.

 

Milgram, $900k or nothing, dude!

$900k already is not cheap for that location and that size.

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errr..... the bigger lorong number is safer... i think

 

 

Not really.. seems like the red light is moving downwards.. in fact, it's everywhere near that area..

 

so if it's for home stay near to city, why not.. but for investment, I think putting the money elsewhere is better.

 

but then, got people buy and rent to chicken farmer.. [laugh]

 

P.S. think our inhouse farmer is still based in Lim Chu Kang

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well, the GCB in S'pore is very limited.. so even if one can lay their hand on one, they can jolly well keep it and sell off in a few years time..

 

price have moved quite a lot early last year... it will go up further.. hardly down in the long run

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Turbocharged

I spotted one nice little plot (not GCB status) at Cable Road. Eyeing that one. Its on top the slope (highest point) and at the end of the road (dead end). Very very nice! Now the question is who is gonna be my $$$ mummy [:p]

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Turbocharged
this i beg to diff... an smart agent wont do it this way, u see, if the price were to 980K, agent commission say 2%, that's $19600, if the agent close the deal at 940K, the commission will be $18800 the difference is only $800, i dont think the agent will be stoooopig enough to forgo $18800 juz becos of $800. what if he get less than 2%? the different is even smaller... perhaps in this case, the agent do have an offer but is lower than 940K, so after much persuation, they can reach say 960K and then close the deal.

 

Yeah lah... you the best mah. So hampsump and professional. Thats why I willing to pork you when you asked me to [:p][:p][:p]

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