Jump to content

  • Search this thread
  • Reply to this topic
384 replies to this topic | 2,004 praises

#1

Posted 01 December 2014 - 10:47 PM

Teatreeoil
  • THREAD STARTER
  • Premium member
    Teatreeoil
    Clutched
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    48
      Joined: 05 March 2014
      Posts: 59
     
Dear bros,

I have a question here that needs some inputs..

Currently I have a 3 room bto that is waiting to be completed. Around 2017. Thinking of getting private condo which is of bigger size which is also completing around same time.

Which one will be a better choice in the future? Any opinions or comments?

#2

Posted 01 December 2014 - 10:55 PM

Bacteria83
  • Premium member
    Bacteria83
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    15,601
      Joined: 28 February 2012
      Posts: 1,810
     

No need to think so much as ur BTO flat will only be ready around 2017, plus the 5yrs mop the earliest u can buy private will be 2022.


Kangadrool and Jamesc praised this

#3

Posted 01 December 2014 - 11:04 PM

Teatreeoil
  • THREAD STARTER
  • Premium member
    Teatreeoil
    Clutched
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    48
      Joined: 05 March 2014
      Posts: 59
     

No need to think so much as ur BTO flat will only be ready around 2017, plus the 5yrs mop the earliest u can buy private will be 2022.

Hmmm.. But now private condo offering discounts and 2015 we may see more of these.. Wondering if condo can be affordable in 2022?

We looking at 3 bedder condos which has one more room than the 3 room bto.. Bto location near mrt but condo location is near future mrt...

Edited by Teatreeoil, 01 December 2014 - 11:07 PM.


#4

Posted 01 December 2014 - 11:06 PM

ShepherdPie
  • ShepherdPie
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,272
      Joined: 24 September 2012
      Posts: 1,750
     

Dear bros,

I have a question here that needs some inputs..

Currently I have a 3 room bto that is waiting to be completed. Around 2017. Thinking of getting private condo which is of bigger size which is also completing around same time.

Which one will be a better choice in the future? Any opinions or comments?


hmm.. price diff btw bto and pte shld be quite significant. .. If you qualify for 3 rms bto , I assume you are probably cash rich , else annual income may not have qualify for a bto.

The condo you look at may not give you the space that u desire.. so if I were you.. bto is better.. also do take a quick check on your loan amt if you going for condo..dun want give up and then got surprises...

In any case , hdb price fluctuations will be limited in the years to come because the sg ownership rules.. pte may have unexpected ups and down if there is chg of levy or immigration rules. If it's a roof over the head.. hdb may be safer..

Edited by ShepherdPie, 01 December 2014 - 11:07 PM.


#5

Posted 01 December 2014 - 11:10 PM

Teatreeoil
  • THREAD STARTER
  • Premium member
    Teatreeoil
    Clutched
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    48
      Joined: 05 March 2014
      Posts: 59
     

hmm.. price diff btw bto and pte shld be quite significant. .. If you qualify for 3 rms bto , I assume you are probably cash rich , else annual income may not have qualify for a bto.

The condo you look at may not give you the space that u desire.. so if I were you.. bto is better.. also do take a quick check on your loan amt if you going for condo..dun want give up and then got surprises...

In any case , hdb price fluctuations will be limited in the years to come because the sg ownership rules.. pte may have unexpected ups and down if there is chg of levy or immigration rules. If it's a roof over the head.. hdb may be safer..


Thanks for the inputs.. Thinking hard cos hdb lifestyle and condo lifestyle very different. The condo is also for home stay not so much for speculation. Pretty worried 2022 condo prices may be way out for average people since new launches always prices higher

#6

Posted 01 December 2014 - 11:15 PM

ShepherdPie
  • ShepherdPie
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,272
      Joined: 24 September 2012
      Posts: 1,750
     

Thanks for the inputs.. Thinking hard cos hdb lifestyle and condo lifestyle very different. The condo is also for home stay not so much for speculation. Pretty worried 2022 condo prices may be way out for average people since new launches always prices higher


not really true... interlace is selling cheaper now then first launch.. its all about demand.. years back. .not enuff housing. ..buyer buys and could get instant good rental yield.. thus , completed project better price than new launch..

In the coming yr, shld be the other way round.. until chg in policy... wait a while before jumping in... :) there shld still be 5-10% drop if the current trend continues..:)

#7

Posted 01 December 2014 - 11:20 PM

Teatreeoil
  • THREAD STARTER
  • Premium member
    Teatreeoil
    Clutched
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    48
      Joined: 05 March 2014
      Posts: 59
     

not really true... interlace is selling cheaper now then first launch.. its all about demand.. years back. .not enuff housing. ..buyer buys and could get instant good rental yield.. thus , completed project better price than new launch..

In the coming yr, shld be the other way round.. until chg in policy... wait a while before jumping in... :) there shld still be 5-10% drop if the current trend continues..:)


I do agree with u to wait a while in 2015 before getting an unit. If the condo relaunch with lower prices, the question is, is it a better choice to let go the bto and get the launch condo? Is it worth it as compared to giving up the bto?

In your opinion, there may be a chance the completed project may priced lower than the new launch price? Maybe cannot get the unit u want?
Spring praised this

#8

Posted 01 December 2014 - 11:20 PM

Kangadrool
  • Premium member
    Kangadrool
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    42,495
      Joined: 03 July 2008
      Posts: 14,448
     

HDB for the keep and own living (if you qualify in the first place). Private for speculation. Simple rule.

 

If you need to sell HDB flat to buy private ppty, better don't buy pte ppty to begin with.

 

If you have excess money to park, buy pte ppty for "investment", but keep the HDB flat. 


Edited by Kangadrool, 01 December 2014 - 11:22 PM.

Bacteria83 and 2BDriver praised this

#9

Posted 01 December 2014 - 11:24 PM

ShepherdPie
  • ShepherdPie
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,272
      Joined: 24 September 2012
      Posts: 1,750
     

I do agree with u to wait a while in 2015 before getting an unit. If the condo relaunch with lower prices, the question is, is it a better choice to let go the bto and get the launch condo? Is it worth it as compared to giving up the bto?

In your opinion, there may be a chance the completed project may priced lower than the new launch price? Maybe cannot get the unit u want?

in the same project, maybe I agree , u can't get the choice units even when it's a lot lower. But recently , u notice that nearby project are launching at a lower price than prev launch.. so I am not so concern abt choice units .its more abt the right price ;)

if you really want a condo lifestyle.. buy a older resale... now the new condo... open space lesser , rooms also super small.. :(

personal choice , I opted for a old resale. FH for price preservation and good location for livability. :)

Edited by ShepherdPie, 01 December 2014 - 11:29 PM.

Bacteria83, Qpik and Mrmilktooth praised this

#10

Posted 01 December 2014 - 11:32 PM

Teatreeoil
  • THREAD STARTER
  • Premium member
    Teatreeoil
    Clutched
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    48
      Joined: 05 March 2014
      Posts: 59
     

HDB for the keep and own living (if you qualify in the first place). Private for speculation. Simple rule.
 
If you need to sell HDB flat to buy private ppty, better don't buy pte ppty to begin with.
 
If you have excess money to park, buy pte ppty for "investment", but keep the HDB flat. 


Sad to say with the cpf min sum rule, the possibility of getting private after the Hdb chances are pretty low. We even thought of renting out the Hdb and staying in the private. The absd is a lot of money

#11

Posted 01 December 2014 - 11:48 PM

Icedbs
  • Icedbs
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    15,576
      Joined: 27 May 2010
      Posts: 6,138
     

not really true... interlace is selling cheaper now then first launch.. its all about demand.. years back. .not enuff housing. ..buyer buys and could get instant good rental yield.. thus , completed project better price than new launch..

In the coming yr, shld be the other way round.. until chg in policy... wait a while before jumping in... :) there shld still be 5-10% drop if the current trend continues..:)

 

most Chinese  folks would not want to consider that project. I think that's the problem.

 

 

 

 


Edited by Icedbs, 01 December 2014 - 11:48 PM.

Tonydeath and 1 Anonymous member praised this

#12

Posted 01 December 2014 - 11:53 PM

Icedbs
  • Icedbs
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    15,576
      Joined: 27 May 2010
      Posts: 6,138
     

HDB for the keep and own living (if you qualify in the first place). Private for speculation. Simple rule.

 

If you need to sell HDB flat to buy private ppty, better don't buy pte ppty to begin with.

 

If you have excess money to park, buy pte ppty for "investment", but keep the HDB flat. 

 

I have lived in HDB and condo.

 

I will live in a condo anytime.

 

IMO, if one can afford a condo, go for that and don't look back. You cannot buy back the time loss in better quality living.



#13

Posted 02 December 2014 - 05:31 AM

Owner-driver
  • Owner-driver
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,029
      Joined: 08 September 2014
      Posts: 2,222
     

 

I have lived in HDB and condo.

 

I will live in a condo anytime.

 

IMO, if one can afford a condo, go for that and don't look back. You cannot buy back the time loss in better quality living.

Agree. HDB very difficult to avoid smoking the regular air pollution. [lipsrsealed] I am also looking at avoiding it. Its seeems TC/HDB promoting it with stainless burners.


Edited by Owner-driver, 02 December 2014 - 05:31 AM.


#14

Posted 02 December 2014 - 09:06 AM

Mockngbrd
  • Mockngbrd
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    60,043
      Joined: 07 June 2007
      Posts: 21,837
     
Dunch understand ts. Means you want to give up your bto before its finish building and go buy a condo instead? Can qualify for bto just take la. many buy condo is because cannot qualify lo.
F355, Mnns, Mercs and Albeniz praised this
Garage36.com

#15

Posted 02 December 2014 - 09:10 AM

Evillusion
  • Premium member
    Evillusion
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    50,581
      Joined: 18 December 2009
      Posts: 23,314
     

HDB for the keep and own living (if you qualify in the first place). Private for speculation. Simple rule.
 
If you need to sell HDB flat to buy private ppty, better don't buy pte ppty to begin with.
 
If you have excess money to park, buy pte ppty for "investment", but keep the HDB flat. 

can mei? i thought you are supposed to sell hdb when buying private!
Together We stand Alone

#16

Posted 02 December 2014 - 09:15 AM

Kangadrool
  • Premium member
    Kangadrool
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    42,495
      Joined: 03 July 2008
      Posts: 14,448
     

New rule?

 

As long as you meet the min occupation period, can keep HDB when upgrading to pte.

 

Many of my collicks do that; die die keep HDB as "insurance" purpose. Just rent out HDB to get passive income.

 

One of them got a rude shock in his life when he saw his pte property tax.  [laugh] KNN, live in big pte house, still need to see MP to appeal.  [laugh]

 

If you have loads of $$$ to burn, pte can lah. If tan jiak kia, very tough...

 

can mei? i thought you are supposed to sell hdb when buying private!

 


Edited by Kangadrool, 02 December 2014 - 09:16 AM.

Mustank praised this

#17

Posted 02 December 2014 - 09:18 AM

Little_prince
  • Premium member
    Little_prince
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    49,123
      Joined: 20 January 2009
      Posts: 19,542
     

 

most Chinese  folks would not want to consider that project. I think that's the problem.

 

 

 

 

looks too funky leh.

 

machiam on a staying in a jenga block. anytime will topple. lol


Lala81 praised this
"Everybody is a genius. But, if you judge a fish by its ability to climb a tree, it'll spend it's whole life believing that it is stupid." - Albert Einstein

HungryPaPa - https://instagram.com/hungrypapa/

#18

Posted 02 December 2014 - 09:19 AM

Little_prince
  • Premium member
    Little_prince
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    49,123
      Joined: 20 January 2009
      Posts: 19,542
     

New rule?

 

As long as you meet the min occupation period, can keep HDB when upgrading to pte.

 

Many of my collicks do that; die die keep HDB as "insurance" purpose. Just rent out HDB to get passive income.

 

One of them got a rude shock in his life when he saw his pte property tax.  [laugh] KNN, live in big pte house, still need to see MP to appeal.  [laugh]

 

If you have loads of $$$ to burn, pte can lah. If tan jiak kia, very tough...

 

 

by right cannot.

 

if own 2 property i.e HDB and condo.

 

have to die die stay in the HDB and rent out condo.

 

cannot stay condo and rent out hdb.


"Everybody is a genius. But, if you judge a fish by its ability to climb a tree, it'll spend it's whole life believing that it is stupid." - Albert Einstein

HungryPaPa - https://instagram.com/hungrypapa/

#19

Posted 02 December 2014 - 09:24 AM

Enye
  • Enye
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    66,177
      Joined: 23 June 2002
      Posts: 13,124
     

i thought 3 room bto has an income cap?

 

how come a supposedly "low income" couple who qualify for 3 room hdb can afford a private condo?

 

tio toto, ASK or got some loophole to close?

 

[confused]


Lala81, Axela72 and Albeniz praised this

#20

Posted 02 December 2014 - 09:26 AM

Evillusion
  • Premium member
    Evillusion
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    50,581
      Joined: 18 December 2009
      Posts: 23,314
     

New rule?
 
As long as you meet the min occupation period, can keep HDB when upgrading to pte.
 
Many of my collicks do that; die die keep HDB as "insurance" purpose. Just rent out HDB to get passive income.
 
One of them got a rude shock in his life when he saw his pte property tax.  [laugh] KNN, live in big pte house, still need to see MP to appeal.  [laugh]
 
If you have loads of $$$ to burn, pte can lah. If tan jiak kia, very tough...
 
 

dont know lei........maybe its my own thinking and the ruling about pr having another property overseas has confused me!
Together We stand Alone


Back to Property Buzz  ·  Non-Car Related Top Reply to this topic



Quick Reply



Tags: bto, private, condo

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users