I learnt, sometimes people who help u a lot just keep quiet. of course must see and think properly
sometimes people who help u dont actually mean to help u
sometimes it's better to keep quiet than to talk or give advice or win arguments - this point is coz recently a property agent told me to "rejuvenate my lease", to sell my current (parent's HDB) above MRT and all in my CPF + money to buy private property to rejuvenate
she talked (typed a lot in WA) a lot, seems like trying to help and advise but obviously it's all bullshit, she just wants me to all in, so that she can make money. then buy a condo from her so she can make more money.
she told me to all in and buying private properties, banks will loan u x2 compared to HDB
when we all know now interest rate for loans at recent all time high and private properties are not easily sold even for new and prime launched and rental yield is no diff or worse than HDB. economy not doing so well.
basically is tell u to show hand then u die your business
if economy gets worse, i lose my job or for whichever matter, u think she will come back to help me?
also, let's say i all in, with <1.5m can only get a mickey mouse unit in central area. unless i buy lousy places like damn far then maybe can get 2 or 3 bed rooms. if u do a search, all the prime properties with 2 rooms are all 1.5m or more. if u want those very nice and prime property i can only get 1 bedroom, means how i rent out? i sleep in balcony ah?
my colleague had a super tough time selling his condo... he only got back maybe 50k more, after minusing all the fees he practically made nothing. his condo was at balestier....... but the truth is these 10 yrs he got back the rental yield lah
but if the rental yield is roughly the same (think he told me he rented out for around 3k). my 3 room also can rent out for 3k, so what if less? this flat already fully paid........ u tell me this agent is trying to help me or not?
the last point is because i just told her, ok thanks for advice, i will think over it.
i didnt bother to argue or type out anything above i told u.
my friend told me many people say if condo is 10yrs and above will be hard to sell.
if i buy a condo say at balestier for 1m+. i need to sell current flat(that belongs to parents) and cough out money to "rejuvenate".
1. Her solution - Suppose, I rent out the condo for 3k (my that colleague had to go rent with his nice friend who didnt charge him rent only utilities and fixing of stuff). then I go rent a room (wtf?) nearby for 900-1k. then I cant get people to rent because Balestier is near central but traffic not so good.
if I lose my job, I probably need to worry about payments for new condo probably 2k+ minimum per mth?
OR
2. - My solution - I rent out current place for 3k, buy another HDB nearby with amenities. At most i use 1k from the 3k rent (HDB), still got 2k left and i get to stay at my own HDB..... can also choose to rent out 1 of the room at the new HDB during MOP for another 800 or so.
then possibly SERS or VERS in the future for either 1 or both of the flats
if i out of job, i also worry about the HDB loan for new place niah and it will be most likely HDB loan they more forgiving and payment probably 1kish per mth or less
u think my calculation correct or not? the agent trying to 帮 or 害 me?
the solution to all in buy a condo is better or my solution is better?
I feel to be in sales, u got to be 没人性
Quote from: default on Apr 14, 2024, 02:15 PMthe last point is because i just told her, ok thanks for advice, i will think over it.
i didnt bother to argue or type out anything above i told u.
my friend told me many people say if condo is 10yrs and above will be hard to sell.
if i buy a condo say at balestier for 1m+. i need to sell current flat and cough out money to "rejuvenate".
Suppose, I rent out the condo for 3k (my that colleague had to go rent with his nice friend who didnt charge him rent only utilities and fixing of stuff). then I go rent a room (wtf?) nearby for 900-1k. then I cant get people to rent because Balestier is near central but traffic not so good.
Then I rent out current place for 3k, buy another HDB nearby with amenities. At most i use 1k from the 3k rent (HDB), still got 2k left and i get to stay at my own HDB..... can also choose to rent out 1 of the room at the new HDB during MOP for another 800 or so.
then possibly SERS or VERS in the future for either 1 or both of the flats
if i out of job, i also worry about the HDB loan for new place niah
u think my calculation correct or not? the agent trying to 帮 or 害 me?
the solution to all in buy a condo is better or my solution is better?
for this solution, i can also think of owning a condo, if and when say, i get promoted or do well in biz/investments......... it's never too late to buy private. of course prices may go up, but to buy condo to 打肿脸皮充胖子 ?
then shun bian ask me all in to buy a mickey mouse car then die hard?
what do u all think of this property agent?
Pappy is full of useless jlbs..
CheerS!!!😉
Quote from: GhostZM on Apr 14, 2024, 02:41 PMPappy is full of useless jlbs..
CheerS!!!😉
talk onli no action
:frown:
Quote from: default on Apr 14, 2024, 02:15 PMI feel to be in sales, u got to be 没人性
We tnglang saying is : be a biz man for one day , can't enter loyal subjects temple alr
无商不奸
做生意人 無入忠臣廟
I 7788 concur on yr thoughts about what ur agent told u.
Didi when I was buying , e agent also kept asking me why don't get pte or condo and I told him I don't want all this unnecessary burden of mortgage for beyond X year
Good thing mostly .. men aren't as lorso and they know we can smell bs quickly
human beings more scary than ghosts
Just whack 2rm bto la.
After buying the bto for 5 years. Sell it.
And it's not too burden on pocket.
Win-win la
Don't over leverage
Quote from: luckyapple on Apr 14, 2024, 08:45 PMAfter buying the bto for 5 years. Sell it.
And it's not too burden on pocket.
Win-win la
Don't over leverage
thought i told u many times it doesnt make sense liao
1. 2 room is too small
2. 2 room is too far
3. 2 room cannot rent out another room
4. 2 room bto oversubscribed
i whr got over leverage currently hello. if i buy the 2 room must go until punggol, tengah or sembawang those type of places
if got chance quit this sinking island, jitao quit. dont look back
everybody lies
money is not as important than health
the most painful feeling is watching your love ones grow old and eventually pass on
:frown: :frown: :frown:
Quote from: default on Apr 14, 2024, 08:58 PMthought i told u many times it doesnt make sense liao
1. 2 room is too small
2. 2 room is too far
3. 2 room cannot rent out another room
4. 2 room bto oversubscribed
i whr got over leverage currently hello. if i buy the 2 room must go until punggol, tengah or sembawang those type of places
SINGAPORE – Singles will soon be able to buy two-room flexi Build-To-Order (BTO) flats in all locations directly from the Housing Board, in a move to widen public housing options for this group of individuals.
From the second half of 2024, they can apply for such flats across all types of BTO projects that will be classified as Standard, Plus and Prime under a new framework, Prime Minister Lee Hsien Loong said on Sunday.
Quote from: luckyapple on Apr 15, 2024, 07:24 AMSINGAPORE – Singles will soon be able to buy two-room flexi Build-To-Order (BTO) flats in all locations directly from the Housing Board, in a move to widen public housing options for this group of individuals.
From the second half of 2024, they can apply for such flats across all types of BTO projects that will be classified as Standard, Plus and Prime under a new framework, Prime Minister Lee Hsien Loong said on Sunday.
cheng hoo talk only la.. action slow.. left hand no talk to right hand..
can chiu wait? can wait chiu wait then buy otherwise buy leesale settle chiur issue nao
:frown:
Quote from: jim889 on Apr 15, 2024, 07:27 AMcheng hoo talk only la.. action slow.. left hand no talk to right hand..
can chiu wait? can wait chiu wait then buy otherwise buy leesale settle chiur issue nao
:frown:
I don wan resale le. Prices are spiking beyond my tolerance
Quote from: luckyapple on Apr 15, 2024, 07:38 AMI don wan resale le. Prices are spiking beyond my tolerance
rook for older estate there should be cheap one.
:frown:
Its a scam to get you I to debt, so U llst have to slog and work till you are done.
Quote from: PP the FORTUNE God on Apr 15, 2024, 07:50 AMIts a scam to get you I to debt, so U llst have to slog and work till you are done.
everybuttie need somewhere to live in
just buy what is affordable
:frown:
U 1solo single can buy bto or resale hdb meh?
Quote from: bsg on Apr 15, 2024, 10:44 AMU 1solo single can buy bto or resale hdb meh?
tiagong single above 35 can
:frown:
Quote from: PP the FORTUNE God on Apr 15, 2024, 07:50 AMIts a scam to get you I to debt, so U llst have to slog and work till you are done.
correct, only when ppl are so busy making money to pay debts den they wont question policies
Quote from: jim889 on Apr 15, 2024, 10:46 AMtiagong single above 35 can
:frown:
single above 35 can resale any kinda flats but bto only 2 rm flexi
Quote from: jim889 on Apr 15, 2024, 10:46 AMtiagong single above 35 can
:frown:
U means now can single solo buy?
I tot single is 2rm nia.
Anything else need 2 single pax
Now changes again?
Quote from: daryl76 on Apr 15, 2024, 11:06 AMsingle above 35 can resale any kinda flats but bto only 2 rm flexi
1 single can liao? Change policy ah.
I tot is need 2 singles all the while.
Tat y come out 1 single 2rm
Quote from: bsg on Apr 15, 2024, 11:36 AMU means now can single solo buy?
I tot single is 2rm nia.
Anything else need 2 single pax
Now changes again?
single above 35 can go open / leesale market buyed 3rm ..
nong tiam can do this oredi.
if chiu mean buyed new / bto from hdeebee then only 2 rm flexi as daryl gor said above
:frown:
Quote from: jim889 on Apr 15, 2024, 11:38 AMsingle above 35 can go open / leesale market buyed 3rm ..
nong tiam can do this oredi.
if chiu mean buyed new / bto from hdeebee then only 2 rm flexi as daryl gor said above
:frown:
So now policy changed le ah?
Cos last time I heard my nephew single buy resale hdb 4rm he tompang 1 more single fren then can get
Quote from: bsg on Apr 15, 2024, 10:44 AMU 1solo single can buy bto or resale hdb meh?
no la thats why i looking for landed... u got any to intro or not. budget no problem
most impt is the agent must be chio and willing to go extra mile
Quote from: default on Apr 15, 2024, 12:10 PMno la thats why i looking for landed... u got any to intro or not. budget no problem
most impt is the agent must be chio and willing to go extra mile
Landed I no lobang.
Condo have alot.
Hdb la. Best liao.
No need see new citizens if u choose the right location like me.
Quote from: default on Apr 15, 2024, 12:10 PMno la thats why i looking for landed... u got any to intro or not. budget no problem
most impt is the agent must be chio and willing to go extra mile
if chiu willing to go 99 yr lease hold kind gotch many cheap ones avail.. but left 30 yrs or something
:frown:
Quote from: bsg on Apr 15, 2024, 12:17 PMLanded I no lobang.
Condo have alot.
Hdb la. Best liao.
No need see new citizens if u choose the right location like me.
i need big big porch to display my porsches
i learned that i am a silly naive fool
Quote from: default on Apr 15, 2024, 12:30 PMi need big big porch to display my porsches
Porsche nia.
I BMW so long also no haorains
Quote from: bsg on Apr 15, 2024, 03:41 PMPorsche nia.
I BMW so long also no haorains
xiong reh
:frown:
Quote from: bsg on Apr 15, 2024, 11:37 AM1 single can liao? Change policy ah.
I tot is need 2 singles all the while.
Tat y come out 1 single 2rm
ya above 35 one person can
my wife friend bought her own place
Quote from: jim889 on Apr 15, 2024, 03:49 PMxiong reh
:frown:
Everywhere outside what. U step out from your house la can see BMW
Quote from: daryl76 on Apr 15, 2024, 03:52 PMya above 35 one person can
my wife friend bought her own place
So my nephew sway bird la. Knn need find 1 more single fren to tompang together that hdb flat.
Quote from: bsg on Apr 15, 2024, 04:01 PMEverywhere outside what. U step out from your house la can see BMW
chiur one different from outsai one mah
:frown:
Quote from: bsg on Apr 15, 2024, 04:02 PMSo my nephew sway bird la. Knn need find 1 more single fren to tompang together that hdb flat.
chiur nephew less than 35 year old?
:frown:
Quote from: jim889 on Apr 15, 2024, 04:08 PMchiur nephew less than 35 year old?
:frown:
I remember he got the flat ard 37
Quote from: jim889 on Apr 15, 2024, 04:07 PMchiur one different from outsai one mah
:frown:
Same la gahmen one. Everyone same BMW
Quote from: bsg on Apr 15, 2024, 04:13 PMI remember he got the flat ard 37
he 35 can faster go get liao..
just rike reach 30 can faster get teksi laisen
:frown:
Quote from: jim889 on Apr 15, 2024, 04:15 PMhe 35 can faster go get liao..
just rike reach 30 can faster get teksi laisen
:frown:
I think he took quite a while to convince the fren tompang.
Quote from: bsg on Apr 15, 2024, 04:17 PMI think he took quite a while to convince the fren tompang.
wasted, they can 1 person buy 1..
end leesult is 2 .. now only 1
:frown:
Quote from: bsg on Apr 15, 2024, 04:02 PMSo my nephew sway bird la. Knn need find 1 more single fren to tompang together that hdb flat.
think got some changes along the way
i have a friend above 35 bto a 2 room flexi in bukit batok
Quote from: jim889 on Apr 15, 2024, 04:24 PMwasted, they can 1 person buy 1..
end leesult is 2 .. now only 1
:frown:
If policy changes then no choices.
Just like last time u can buy private property many many and still hold onto hdb.
Then suddenly policy changes now cannot own private if u want hdb
Quote from: daryl76 on Apr 15, 2024, 05:33 PMthink got some changes along the way
i have a friend above 35 bto a 2 room flexi in bukit batok
Am pretty sure policy changes, but just sway bird la if he changes n kana that period.
Quote from: bsg on Apr 15, 2024, 05:49 PMIf policy changes then no choices.
Just like last time u can buy private property many many and still hold onto hdb.
Then suddenly policy changes now cannot own private if u want hdb
all along the sequence need to be correct
buy hdb first then buy private is can
if buy private first then cannot buy hdb.. rast time need to dispose private then can buyed liao.. but now they penalty make them wait few years after selling then can buy hdb
:frown:
Quote from: jim889 on Apr 15, 2024, 05:56 PMall along the sequence need to be correct
buy hdb first then buy private is can
if buy private first then cannot buy hdb.. rast time need to dispose private then can buyed liao.. but now they penalty make them wait few years after selling then can buy hdb
:frown:
Not sure.
Last time my ah mah ah pah I still yang chewren time buy a few landed property then 1 shophouse also we go there live cos they want do biz in shophouse. Then subsequently buyed a hdb maisonette in bedok there when it 1st came out.
Quote from: bsg on Apr 15, 2024, 05:49 PMAm pretty sure policy changes, but just sway bird la if he changes n kana that period.
wanna win votes from some certain ppl mah
if not u think they will do such things?
If got to think so much, means condo not affordable for professional in Sg.
Can only wait for economy crash. Hope election freak results & then can kope a big landed like ridout :s12:
Humans are a lot scarier than ghosts
so buy private also cannot inherit HDB right? i think so
they recently changed this ruling right?
see the fucking PAP...... make life worse for younger gen tbh. those born earlier have it good.
those pioneer gen work hardest, merdeka got help a bit but generally also coasting along, then from then on until say 1975 or 1979 quite lucky if get married or at least buy property........... can own 2 properties etc
Quote from: default on Apr 15, 2024, 11:21 PMso buy private also cannot inherit HDB right? i think so
they recently changed this ruling right?
see the fucking PAP...... make life worse for younger gen tbh. those born earlier have it good.
those pioneer gen work hardest, merdeka got help a bit but generally also coasting along, then from then on until say 1975 or 1979 quite lucky if get married or at least buy property........... can own 2 properties etc
can rah.. just will the hdeebee flat to who chiu wan..
if the person has private property, he can sell it to cash it out.
normally if willed to adult, most will have already their own hdb.. so mostly is sell and cash out.
:frown:
Quote from: Suntan on Apr 15, 2024, 08:24 PMIf got to think so much, means condo not affordable for professional in Sg.
Can only wait for economy crash. Hope election freak results & then can kope a big landed like ridout :s12:
dun think will crash anytime as long as population is increasing
ppl need somewhere to stay.
:frown:
Money isn't everything. Lol.
Quote from: default on Apr 14, 2024, 02:15 PMI feel to be in sales, u got to be 没人性
This one i agree. Worked in sales before and the product pushing is gao lat one.
Quote from: ABCDFinanceGuy on Apr 16, 2024, 07:30 PMThis one i agree. Worked in sales before and the product pushing is gao lat one.
no sales no income mah
:frown:
Quote from: ABCDFinanceGuy on Apr 16, 2024, 07:29 PMMoney isn't everything. Lol.
tot chiu finance guy.. nose marnee nose honey
:frown:
Quote from: jim889 on Apr 16, 2024, 05:47 PMdun think will crash anytime as long as population is increasing
ppl need somewhere to stay.
:frown:
Population increase is bad for us...
Quote from: bsg on Apr 15, 2024, 11:37 AM1 single can liao? Change policy ah.
I tot is need 2 singles all the while.
Tat y come out 1 single 2rm
This policy at least 20 yrs liao or longer
Quote from: bsg on Apr 15, 2024, 04:02 PMSo my nephew sway bird la. Knn need find 1 more single fren to tompang together that hdb flat.
Your nephew 90 yo ah. My cousin 55 he alr bought thru that scheme long ago. Even before that i think it was announced. I think he bought in 2008 or sth.
U around his age ur nephew older than u ah
Quote from: jim889 on Apr 16, 2024, 07:51 PMno sales no income mah
:frown:
tot chiu finance guy.. nose marnee nose honey
:frown:
I am finance guy but i am quite sick of chasing the dollar sign liao.
I chased it for years and end up with no money and depression.
Quote from: ABCDFinanceGuy on Apr 23, 2024, 03:28 PMI am finance guy but i am quite sick of chasing the dollar sign liao.
I chased it for years and end up with no money and depression.
at least need $$$ to surivive
finance guy moar $$$ savy
ordinary ppl rike us oso need marnee.. but lack the insight.
:frown: