Singapore Property Scene Discussion

[Victor68]

2 hours ago, inlinesix said:

I am not sure whether govt breakeven

Poor thing. Please increase our tax. 

[Windwaver]

https://www.asiaone.com/singapore/woman-finds-out-someone-died-her-600k-potong-pasir-flat-she-has-more-pressing-concerns

Woman finds out someone died in her $600k Potong Pasir flat but she has more pressing concerns

When buying a resale flat, it might be a good idea to check in with the real estate agent or even neighbours about its previous owner, lest you be in for a surprise.

That's what happened to one woman, who purchased a HDB flat at Blk 139 Potong Pasir Ave 3 — only to find out that the former owner had died in the unit. 

The woman, surnamed Chen, told Shin Min Daily News that she purchased this particular unit for $600,000 in August 2022.

After spending several thousand dollars on renovations, Chen moved into the flat with her two sons, her father-in-law and her brother's family some three weeks ago. 

"The flooring and the walls had to be renovated, and we also replaced the squat toilet with a toilet bowl," recounted the 31-year-old.

Chen told the Chinese daily that she didn't think too much about the unit's origins as she had just sold her old flat and needed to find a new home in under three months. 

As her real estate agent only gave her two possible options, Chen said she settled for this unit as it was near her son's school. 

All was fine until Chen found that her kitchen's ceiling was leaking, which prompted her to call a contractor to fix the problem. 

When the contractor went to the unit, he told Chen that the problem had actually persisted for more than a decade. 

"He said he couldn't paint over the water stains on the ceiling and asked me to contact the authorities. He then casually asked me if I knew about the unit's history." 

Remains of old man found 

After speaking to the contractor, Chen found out that the remains of the previous owner were found in the kitchen by the National Environment Agency (NEA) in July 2020 while conducting dengue inspections.  

It was reported then that a locksmith had to be engaged to open the door after several unsuccessful attempts by NEA to contact him. The man's remains were then found in the unit.

According to Lianhe Wanbao, a calendar in the flat was still turned to the month of June 2011, suggesting that his body had laid undiscovered for nine years.  

The deceased was born in 1948 and he had reportedly been living alone in the flat. 

After learning the truth, Chen remarked that the real estate agent should have told her about the incident beforehand, and hoped that there would be more transparency in the future. 

Since she is unable to do anything about it now, Chen told Shin Min that her top priority now is to deal with the water leakage, as she has children and elderly living in the flat. 

Not obliged to share information about previous owner 

According to Nelson Lim, Director of Altitude Real Estate, real estate agents are not obliged to share information about a property's former owner, Shin Min reported. 

However, Lim added that buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. 

In the event that an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action. 

[Throttle2]

20 minutes ago, Windwaver said:

https://www.asiaone.com/singapore/woman-finds-out-someone-died-her-600k-potong-pasir-flat-she-has-more-pressing-concerns

Woman finds out someone died in her $600k Potong Pasir flat but she has more pressing concerns

When buying a resale flat, it might be a good idea to check in with the real estate agent or even neighbours about its previous owner, lest you be in for a surprise.

That's what happened to one woman, who purchased a HDB flat at Blk 139 Potong Pasir Ave 3 — only to find out that the former owner had died in the unit. 

The woman, surnamed Chen, told Shin Min Daily News that she purchased this particular unit for $600,000 in August 2022.

After spending several thousand dollars on renovations, Chen moved into the flat with her two sons, her father-in-law and her brother's family some three weeks ago. 

"The flooring and the walls had to be renovated, and we also replaced the squat toilet with a toilet bowl," recounted the 31-year-old.

Chen told the Chinese daily that she didn't think too much about the unit's origins as she had just sold her old flat and needed to find a new home in under three months. 

As her real estate agent only gave her two possible options, Chen said she settled for this unit as it was near her son's school. 

All was fine until Chen found that her kitchen's ceiling was leaking, which prompted her to call a contractor to fix the problem. 

When the contractor went to the unit, he told Chen that the problem had actually persisted for more than a decade. 

"He said he couldn't paint over the water stains on the ceiling and asked me to contact the authorities. He then casually asked me if I knew about the unit's history." 

Remains of old man found 

After speaking to the contractor, Chen found out that the remains of the previous owner were found in the kitchen by the National Environment Agency (NEA) in July 2020 while conducting dengue inspections.  

It was reported then that a locksmith had to be engaged to open the door after several unsuccessful attempts by NEA to contact him. The man's remains were then found in the unit.

According to Lianhe Wanbao, a calendar in the flat was still turned to the month of June 2011, suggesting that his body had laid undiscovered for nine years.  

The deceased was born in 1948 and he had reportedly been living alone in the flat. 

After learning the truth, Chen remarked that the real estate agent should have told her about the incident beforehand, and hoped that there would be more transparency in the future. 

Since she is unable to do anything about it now, Chen told Shin Min that her top priority now is to deal with the water leakage, as she has children and elderly living in the flat. 

Not obliged to share information about previous owner 

According to Nelson Lim, Director of Altitude Real Estate, real estate agents are not obliged to share information about a property's former owner, Shin Min reported. 

However, Lim added that buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. 

In the event that an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action. 

cone on, which property agent will do that?  Think property agents are agngels and truly looking out for your interest? 
muayhahahahahahahahahahahahahahahaha laugh until pengz 200 times.

property agents? Reveal such details to prospective buyers?   Muayhahahahahahah

If buyer didnt ask, too bad lor, not obliged….. so its a play of technicalities…..oh i see.   What a regulated industry / profession, cool!

 

😄😂😁😅🤣😆😎

[13177]

37 minutes ago, Windwaver said:

https://www.asiaone.com/singapore/woman-finds-out-someone-died-her-600k-potong-pasir-flat-she-has-more-pressing-concerns

Woman finds out someone died in her $600k Potong Pasir flat but she has more pressing concerns

When buying a resale flat, it might be a good idea to check in with the real estate agent or even neighbours about its previous owner, lest you be in for a surprise.

That's what happened to one woman, who purchased a HDB flat at Blk 139 Potong Pasir Ave 3 — only to find out that the former owner had died in the unit. 

The woman, surnamed Chen, told Shin Min Daily News that she purchased this particular unit for $600,000 in August 2022.

After spending several thousand dollars on renovations, Chen moved into the flat with her two sons, her father-in-law and her brother's family some three weeks ago. 

"The flooring and the walls had to be renovated, and we also replaced the squat toilet with a toilet bowl," recounted the 31-year-old.

Chen told the Chinese daily that she didn't think too much about the unit's origins as she had just sold her old flat and needed to find a new home in under three months. 

As her real estate agent only gave her two possible options, Chen said she settled for this unit as it was near her son's school. 

All was fine until Chen found that her kitchen's ceiling was leaking, which prompted her to call a contractor to fix the problem. 

When the contractor went to the unit, he told Chen that the problem had actually persisted for more than a decade. 

"He said he couldn't paint over the water stains on the ceiling and asked me to contact the authorities. He then casually asked me if I knew about the unit's history." 

Remains of old man found 

After speaking to the contractor, Chen found out that the remains of the previous owner were found in the kitchen by the National Environment Agency (NEA) in July 2020 while conducting dengue inspections.  

It was reported then that a locksmith had to be engaged to open the door after several unsuccessful attempts by NEA to contact him. The man's remains were then found in the unit.

According to Lianhe Wanbao, a calendar in the flat was still turned to the month of June 2011, suggesting that his body had laid undiscovered for nine years.  

The deceased was born in 1948 and he had reportedly been living alone in the flat. 

After learning the truth, Chen remarked that the real estate agent should have told her about the incident beforehand, and hoped that there would be more transparency in the future. 

Since she is unable to do anything about it now, Chen told Shin Min that her top priority now is to deal with the water leakage, as she has children and elderly living in the flat. 

Not obliged to share information about previous owner 

According to Nelson Lim, Director of Altitude Real Estate, real estate agents are not obliged to share information about a property's former owner, Shin Min reported. 

However, Lim added that buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. 

In the event that an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action. 

I read about this news before, thought the unit is still empty as of today. So someone has bought this unit. The article says that real estate agents are not obliged to share information about a property's former owner but buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. If an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action.

So next time when buy resale flat, must ask agent on the history of the flat. Cause most agent would not reveal if buyer never ask.

Anyway, the owner should not buy this unit if she sees carefully on the ceiling condition of the flat. Not about if someone dies in the unit lo. Ceiling water leakage issue not easy to resolve. However, people passed on in the unit, other than got murder, should be common. Such thing would not report in the news or the owner might not even reveal to the agent. Esp those family who has elderly staying together in the flat. Also if buy those old flat like 40 years or more, so many owners stay in that unit, how to track the history? Lol.

Edited January 5, 2023 by 13177

[Throttle2]

59 minutes ago, 13177 said:

I read about this news before, thought the unit is still empty as of today. So someone has bought this unit. The article says that real estate agents are not obliged to share information about a property's former owner but buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. If an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action.

So next time when buy resale flat, must ask agent on the history of the flat. Cause most agent would not reveal if buyer never ask.

Anyway, the owner should not buy this unit if she sees carefully on the ceiling condition of the flat. Not about if someone dies in the unit lo. Ceiling water leakage issue not easy to resolve. However, people passed on in the unit, other than got murder, should be common. Such thing would not report in the news or the owner might not even reveal to the agent. Esp those family who has elderly staying together in the flat. Also if buy those old flat like 40 years or more, so many owners stay in that unit, how to track the history? Lol.

Best is kena those “ah long” flat.  So many cases, new owner kena hounded by ah long for previous owner debts

[therock]

There was a landed place in Thomson hills where a couple of elderly died and was found later

their home was auctioned and I recall it was way over the starting price 

way overpaid was my opinion then ..

[Mrmilktooth]

2 hours ago, Windwaver said:

https://www.asiaone.com/singapore/woman-finds-out-someone-died-her-600k-potong-pasir-flat-she-has-more-pressing-concerns

Woman finds out someone died in her $600k Potong Pasir flat but she has more pressing concerns

When buying a resale flat, it might be a good idea to check in with the real estate agent or even neighbours about its previous owner, lest you be in for a surprise.

That's what happened to one woman, who purchased a HDB flat at Blk 139 Potong Pasir Ave 3 — only to find out that the former owner had died in the unit. 

The woman, surnamed Chen, told Shin Min Daily News that she purchased this particular unit for $600,000 in August 2022.

After spending several thousand dollars on renovations, Chen moved into the flat with her two sons, her father-in-law and her brother's family some three weeks ago. 

"The flooring and the walls had to be renovated, and we also replaced the squat toilet with a toilet bowl," recounted the 31-year-old.

Chen told the Chinese daily that she didn't think too much about the unit's origins as she had just sold her old flat and needed to find a new home in under three months. 

As her real estate agent only gave her two possible options, Chen said she settled for this unit as it was near her son's school. 

All was fine until Chen found that her kitchen's ceiling was leaking, which prompted her to call a contractor to fix the problem. 

When the contractor went to the unit, he told Chen that the problem had actually persisted for more than a decade. 

"He said he couldn't paint over the water stains on the ceiling and asked me to contact the authorities. He then casually asked me if I knew about the unit's history." 

Remains of old man found 

After speaking to the contractor, Chen found out that the remains of the previous owner were found in the kitchen by the National Environment Agency (NEA) in July 2020 while conducting dengue inspections.  

It was reported then that a locksmith had to be engaged to open the door after several unsuccessful attempts by NEA to contact him. The man's remains were then found in the unit.

According to Lianhe Wanbao, a calendar in the flat was still turned to the month of June 2011, suggesting that his body had laid undiscovered for nine years.  

The deceased was born in 1948 and he had reportedly been living alone in the flat. 

After learning the truth, Chen remarked that the real estate agent should have told her about the incident beforehand, and hoped that there would be more transparency in the future. 

Since she is unable to do anything about it now, Chen told Shin Min that her top priority now is to deal with the water leakage, as she has children and elderly living in the flat. 

Not obliged to share information about previous owner 

According to Nelson Lim, Director of Altitude Real Estate, real estate agents are not obliged to share information about a property's former owner, Shin Min reported. 

However, Lim added that buyers are allowed to ask real estate agents these questions. In these cases, agents are then obliged to tell the truth. 

In the event that an agent does not comply, buyers can revoke the transaction, and the agent may face disciplinary action. 

To pay 600k for old flat with moldy looking ceiling ?.. she must be quite urgent …. 

[Volvobrick]

1 hour ago, therock said:

There was a landed place in Thomson hills where a couple of elderly died and was found later

their home was auctioned and I recall it was way over the starting price 

way overpaid was my opinion then ..

I remember it was a pair of sisters. 

[Hubwee]

2 hours ago, therock said:

There was a landed place in Thomson hills where a couple of elderly died and was found later

their home was auctioned and I recall it was way over the starting price 

way overpaid was my opinion then ..

Think their house is just next to Low Thia Kiang ex house ... which someone had rebuilt into a 4 or 5 level detached with 10k plus sqft built in lo..

Dun think the buyer will feel its overpriced now ...  

[13177]

2 hours ago, Mrmilktooth said:

To pay 600k for old flat with moldy looking ceiling ?.. she must be quite urgent …. 

The price for resale flat, whether it is old flat or new flat, pricing already become crazy high for the past 1 year plus liao. So i guess even the flat got moldy ceiling, water leakage problem, people died there or murder there also can fetch high price now. Lol.

Anyway, this unit should be not far from MRT, plus the age of the flat is 38 year old when the buyer bought it. So can say not consider very old flat yet, as compared to those 40 year old plus or even 50 year old plus flat. 

Edited January 5, 2023 by 13177

[therock]

28 minutes ago, Hubwee said:

Think their house is just next to Low Thia Kiang ex house ... which someone had rebuilt into a 4 or 5 level detached with 10k plus sqft built in lo..

Dun think the buyer will feel its overpriced now ...  

most landed will appreciate if it’s freehold or 999

but at that time you could get a lot better ..

not near any MRT and it’s facing the main road if IIRC

near a nice kway chap though 🤤 

[Windwaver]

4 hours ago, 13177 said:

The price for resale flat, whether it is old flat or new flat, pricing already become crazy high for the past 1 year plus liao. So i guess even the flat got moldy ceiling, water leakage problem, people died there or murder there also can fetch high price now. Lol.

Anyway, this unit should be not far from MRT, plus the age of the flat is 38 year old when the buyer bought it. So can say not consider very old flat yet, as compared to those 40 year old plus or even 50 year old plus flat. 

Just look at the prices of EC 

[Victor68]

No big deal lah. I wonder what happen to the Adrian Lim flat in Toa Payoh then? The leak probably is more important and should be resolve. The flat has 99 years lease and will continue to be there till the government decide to enbloc lah

[13177]

1 hour ago, Victor68 said:

No big deal lah. I wonder what happen to the Adrian Lim flat in Toa Payoh then? The leak probably is more important and should be resolve. The flat has 99 years lease and will continue to be there till the government decide to enbloc lah

Adrian Lim flat still occupied. But dont know if the people staying in that flat now is rent or buy.

Actually for this potong pasir flat, even the owner died in the flat but think he did not got murder, so still not so big deal.

[Windwaver]

Interesting

 

[Wt_know]

the problem now is every single one has a "mentality" of windfall

want to keep the cake and eat it too ...

Edited January 11, 2023 by Wt_know

[inlinesix]

Co-Living 

 

[therock]

ECs are hot:

https://www.straitstimes.com/business/executive-condos-gain-cachet-as-resale-units-snag-windfall-profits