My friend want buy resale flat, view a few but asking price around 500000. He said expensive and reject owners on the spot..

[Loofydralb]

Huh?he buy using full cash le

That's even dumber. At retirement his assets in hand will be half the value now. There is a better way, but I shan't be too clever for him.

 

[jurongkechil]

That's even dumber. At retirement his assets in hand will be half the value now. There is a better way, but I shan't be too clever for him.

Is it

 

[myfoot123]

Might as well top up abit buy 1 room condo right?

Nowadays private condo has not much value in terms of layout, design and locations. Their 1 room condo is shoebox, you might as well get at least a 3 room HDB for the same price.

 

[myfoot123]

We only view 4 room..

4-room 500K is a good bargain, even at the edge of Jurong West. If your friend wait for another year, price will become $700K. Sinkieland cost only goes up but never comes down.

 

[jurongkechil]

4-room 500K is a good bargain, even at the edge of Jurong West. If your friend wait for another year, price will become $700K. Sinkieland cost only goes up but never comes down.

What..

 

[jurongkechil]

4-room 500K is a good bargain, even at the edge of Jurong West. If your friend wait for another year, price will become $700K. Sinkieland cost only goes up but never comes down.

A few was in original condition.

 

[jurongkechil]

4-room 500K is a good bargain, even at the edge of Jurong West. If your friend wait for another year, price will become $700K. Sinkieland cost only goes up but never comes down.

Lease left 50 plus year only..

 

[jurongkechil]

Nowadays private condo has not much value in terms of layout, design and locations. Their 1 room condo is shoebox, you might as well get at least a 3 room HDB for the same price.

3 room too small cannot rent out bedroom to make big profit

 

[jurongkechil]

4-room 500K is a good bargain, even at the edge of Jurong West. If your friend wait for another year, price will become $700K. Sinkieland cost only goes up but never comes down.

Jurong 4 room 700k??

 

[myfoot123]

Lease left 50 plus year only..

If your friend is 35yo, he cannot buy decay lease. If he is 40 to 45 years yo he is allowed to buy and live until 100 years old. Good bargain still.

 

[jurongkechil]

If your friend is 35yo, he cannot buy decay lease. If he is 40 to 45 years yo he is allowed to buy and live until 100 years old. Good bargain still.

We 50 plus..

 

[jurongkechil]

His car also fully paid.so buy house also use full cash..

 

[myfoot123]

We 50 plus..

Liddat, buy 45 years remaining lease also can. The older your friend, the more option to choose unlike those 35yo with so many restriction.

 

[jurongkechil]

Liddat, buy 45 years remaining lease also can. The older your friend, the more option to choose unlike those 35yo with so many restriction.

He only have one issue. He need to sell current flat worth ard 750000 full cash first,before can buy next resale flat. Is this call Contra

 

[myfoot123]

He only have one issue. He need to sell current flat worth ard 750000 full cash first,before can buy next resale flat. Is this call Contra

He has six month allowance period to sell his flat after getting a new one. HDB allows for such delay payment period, Ask your agent or HDB lah. I am just guessing.

 

[Scrooball (clone)]

Renting is probably the worst option these days. The rent will increase every few years till the point where you will be better off servicing a housing loan.

 

[jurongkechil]

He has six month allowance period to sell his flat after getting a new one. HDB allows for such delay payment period, Ask your agent or HDB lah. I am just guessing.

Friend. When we view flat,we can know the interior all this. But external factor like problem neighbour, owner owe loanshark,this 2 how are we going to find out???

 

[jsctan]

Future generations will continue to service higher & higher loans when prices for public is spinning out of control.

 

[Bad New Brown]

After 55 years old can apply for 2-rooms flexi bto, short lease covering to age of 95 years old.

40 years lease will do

 

[jurongkechil]

After 55 years old can apply for 2-rooms flexi bto, short lease covering to age of 95 years old.

40 years lease will do

He only want buy 4 room. So can rent out bedroom earn profit