Eyke Supercharged March 21, 2012 Share March 21, 2012 (edited) thanks for confirming. I think the original member who used the term of sub prime was refering to the phenomenon where devaluation of the asset occurs resulting in an outstanding difference between the static value of the loan quantum which may subsequently trigger a margin call in very drastic scenarios. I think he may have misused the term. yeah, the correct term is "negative equity": outstanding loan > current asset market value the size of the 3bedder is ridiculously smaller than a squash court, and that is inclusive of non-livable spaces like the 2 balconies and A/C ledge... Edited March 21, 2012 by Eyke ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 21, 2012 Share March 21, 2012 wah lao, my toilet is 2.5m X 4m. (not a haolian joke) Link to post Share on other sites More sharing options...
Sabian Turbocharged March 21, 2012 Share March 21, 2012 Nowadays smartwindow is popular to cover up the balcony. DBSS buyer mostly like the idea of all in one loan+reno w/o facilities, now the reported buyer wanna back off! Seriously, does these buyers really do their home work before committed to purcahse a 650psf DBSS? Living area can be smaller as stated, with such high price it doesn't justify with the location as it is not very near to MRT. This high price was driven up by eg. Punggol EC/PC as Clementi which is nearer to city can't priced lower. BTO is still a better choice but not for 2nd timer. If used in condos, will MC object? Link to post Share on other sites More sharing options...
Alim 1st Gear March 21, 2012 Share March 21, 2012 actually if it were possible, i rather choose to buy resale flats with simplistic, clean exteriors as compared to the supposedly "aesthetically pleasing" exterior-wise, newer flats. The way they design the aircon ledges, bamboo ledges and whatever kotek ledges makes the unit seem like a shrivelled date. And not to mention the dirty tactic of including such unliveable areas into the GFA for computation of $psf which artificially deflates the 4psf. If you do actual site measurements, it is always smaller than the claimed GFA. Every unit eat a bit, they already make a lot liao. That is on top of the unliveable areas that you mentioned. Link to post Share on other sites More sharing options...
Jp66 5th Gear March 21, 2012 Share March 21, 2012 wah lao, my toilet is 2.5m X 4m. (not a haolian joke) can convert to a 'micky' ensuite bedroom and rent out Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear March 21, 2012 Share March 21, 2012 whats wrong with hdb surrounding a DBSS? Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 21, 2012 Share March 21, 2012 whats wrong with hdb surrounding a DBSS? Maybe they just realise that DBSS is the same as HDB Link to post Share on other sites More sharing options...
Alim 1st Gear March 21, 2012 Share March 21, 2012 (edited) whats wrong with hdb surrounding a DBSS? Good question! It is HDB vs HDB with better fittings + ripped off by Pte Developer Edited March 21, 2012 by Alim Link to post Share on other sites More sharing options...
Jj5599 1st Gear March 21, 2012 Share March 21, 2012 balcony bigger than bedrooms? Link to post Share on other sites More sharing options...
Mockngbrd Supersonic March 21, 2012 Share March 21, 2012 whats wrong with hdb surrounding a DBSS? ask the ppl who bought DBSS lo Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 21, 2012 Share March 21, 2012 Good question! It is HDB vs HDB with better fittings + ripped off by Pte Developer actually my friend recently got his key for his Dawson house. he tried to see how much the cost will be if he do it everything that is inside a DBSS. guess what?? the total price will be almost the same as getting a DBSS Link to post Share on other sites More sharing options...
Alim 1st Gear March 21, 2012 Share March 21, 2012 (edited) actually my friend recently got his key for his Dawson house. he tried to see how much the cost will be if he do it everything that is inside a DBSS. guess what?? the total price will be almost the same as getting a DBSS It is like Prata with Seng Choon 55g egg with Vitamin E & you paid $2 for it. Later, then you discover that your friend paid $1.50 for Prata with Brand X 40g egg. Both taste the same but you paid more. Then you go KNNBCCB! Edited March 21, 2012 by Alim Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear March 21, 2012 Share March 21, 2012 Maybe they just realise that DBSS is the same as HDB too late! anyways, which dbss is not surrounded by hdb? Link to post Share on other sites More sharing options...
Relacklabrudder 1st Gear March 21, 2012 Share March 21, 2012 actually my friend recently got his key for his Dawson house. he tried to see how much the cost will be if he do it everything that is inside a DBSS. guess what?? the total price will be almost the same as getting a DBSS cannot be. if he gets a BTO which shoould be say 100-150k cheaper than DBSS, at most reno cost 60k for very gd reno Link to post Share on other sites More sharing options...
Happily1986 5th Gear March 21, 2012 Share March 21, 2012 actually my friend recently got his key for his Dawson house. he tried to see how much the cost will be if he do it everything that is inside a DBSS. guess what?? the total price will be almost the same as getting a DBSS looks wise maybe the same, quality wise? if you engage your own ID and QC frequently, won't you have at least functionally sound fittings? At least from the horror stories i heard from DBSS units that had basic problems which cannot be overlooked e.g. doors that are not aligned properly in their wooden door frames among other brauhaha issues. Also, the fittings used by the private developer contractor, are they necessarily of good quality in first place? I used to give tuition to a fella who resides in an unit at Tampines Premiere and i dislike the internal window ledge alot. Jiak alot of space man. As if there was alot to play around in the first place. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic March 21, 2012 Share March 21, 2012 seriously what did the DBSS buyers expect to be surrounded by???????? Swimming pool ar? Link to post Share on other sites More sharing options...
Mllcg 3rd Gear March 21, 2012 Share March 21, 2012 wonder y DBSS developers love big balconies..almost a room size or bigger. trying to copy condo. condo got big balcony Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 21, 2012 Share March 21, 2012 cannot be. if he gets a BTO which shoould be say 100-150k cheaper than DBSS, at most reno cost 60k for very gd reno he was comparing to DBSS during the time he bought his BTO which was like years back?? not the current price. ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
First Time Car Buyer Insurance
First Time Car Buyer Insurance
Agents channelling a chunk of commissions to buyers
Agents channelling a chunk of commissions to buyers
China's 'Greater Bay' threatens Singapore's finance and tech
China's 'Greater Bay' threatens Singapore's finance and tech
All About Freebies (In-House + Offered by SEs)
All About Freebies (In-House + Offered by SEs)
Selling to direct buyer and buying from dealer
Selling to direct buyer and buying from dealer
Acting direct buyer from dealer to manipulate used car price
Acting direct buyer from dealer to manipulate used car price
Think twice before u roadrage a Toyota Altis......
Think twice before u roadrage a Toyota Altis......
A Flat Buyer Seeking Advice
A Flat Buyer Seeking Advice