Chitchat So i just bought a condo

[cocobobo]

I followed the crowd and bought a new condo in clwmenti for investment. The size is a joke (75sqm). The price is a joke (near 900k). From a happy debt-free life i must now fork out 3k month for life and hope the market don't tank. Come in and laugh at me.

 

[frenchbriefs]

how are u going to make money off this?u expecting the prices to rise?how much can u hope to rent it out for?2k plus max?

 

[Leongsam]

I followed the crowd and bought a new condo in clwmenti for investment. The size is a joke (75sqm). The price is a joke (near 900k). From a happy debt-free life i must now fork out 3k month for life and hope the market don't tank. Come in and laugh at me.

Why did you do that?

 

[Reddog]

I followed the crowd and bought a new condo in clwmenti for investment. The size is a joke (75sqm). The price is a joke (near 900k). From a happy debt-free life i must now fork out 3k month for life and hope the market don't tank. Come in and laugh at me.

As a pip trader, I should STFU but aren't you "catching a falling knife"?

 

[frenchbriefs]

As a pip trader, I should STFU but aren't you "catching a falling knife"?

u can do anything u want as long as u have a exit strategy.just curious what is TS's exit strategy.

 

[cocobobo]

Why did you do that?

Something in the bottled water they gave me at the launch. Also because i want to be a true burmese landlord. My burmese brethren will be proud

 

[cocobobo]

u can do anything u want as long as u have a exit strategy.just curious what is TS's exit strategy.

Sell for 1.8mil in 2030

 

[Ash007]

Cheap lah, here they asking for $1.2-$1.3Mil for a 2 bedder.

http://www.realestate.com.au/property-apartment-nsw-chatswood-124540578

 

[cknk2017]

How much rental can Get per month?

 

[red amoeba]

clementi ? you r in luck. many ft students there. 20 cram in your unit at 200 per head. you will be rolling in cash.

 

[uvwxyz]

I followed the crowd and bought a new condo in clwmenti for investment. The size is a joke (75sqm). The price is a joke (near 900k). From a happy debt-free life i must now fork out 3k month for life and hope the market don't tank. Come in and laugh at me.

Its not the best deal in the world but if you have the holding power I don't see you losing money on this one. The rental will go some way to help with the mortgage and once the market runs up again then you should be able to realise some profit because of the good location.

 

[frenchbriefs]

whats the interest rate on ur million dollar mortgage?i think the interest will kill any rental u get.

congrats u just became a slave to fuel our property bubble.

 

[chootchiew]

I followed the crowd and bought a new condo in clwmenti for investment. The size is a joke (75sqm). The price is a joke (near 900k). From a happy debt-free life i must now fork out 3k month for life and hope the market don't tank. Come in and laugh at me.

I always hear in Singapore everything cannot buy except property. So you should be safe as long as you can service it.

 

[Leongsam]

I always hear in Singapore everything cannot buy except property. So you should be safe as long as you can service it.

Who did you hear that from?

 

[chootchiew]

Who did you hear that from?

I don't know those people. They are the voices of Singapore.

 

[rocket]

Who did you hear that from?

Sbf loh .where else?

 

[Bonut]

Don't worry about rental. You can create a niche for yourself by discriminating non-Indians. Advertise as "Indians only" and very soon your unit will be the most famous condo in Singapore after Melville and Mandarin.

 

[cknk2017]

If rent to dirty tenants then later have to spend big bucks to renovate and clean the house. Very sianz

 

[rocket]

Don't worry about rental. You can create a niche for yourself by discriminating non-Indians. Advertise as "Indians only" and very soon your unit will be the most famous condo in Singapore after Melville and Mandarin.

Whahawhahahaha whahawhahahaha

 

[rocket]

If rent to dirty tenants then later have to spend big bucks to renovate and clean the house. Very sianz

PRC n Indian sure destroy your unit.
Rental delayed.
Management fees not paid for 6months