HDB exec flat to but or not to buy?
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in a dilema..hope the brothers here can advise..
no jokes please..
HDB offers a unit at sembawang, executive flat, 2nd storey.. selling at 261 k...near to sembawang mrt & sun plaza...130 square metres.,place is quite nice...though my fiancee and I can afford..what is holding us back are these questions:
1) next time when want to sell, will we make a lost ?
also considering fact that is is 2nd floor..
2) 2nd floor any disadvantage like dripping water from laundry...?? smell from rubbish chute even though the unit is not directly under the main chute?
3) in the afternoon sun is shining at the block but not too bad block by trees.. -
ok .... i have been a pty agent for 5 years...and my suggestion to u is dont buy e-flat!!!
Bigger size hses always DIFFICULT to sell in the mkt! -
1) Considering the new rules they are having, I don't think you can make when you sell it as a resale in the future unless you're lucky. Then again the market is still low now so maybe.Originally posted by tomhunk:in a dilema..hope the brothers here can advise..
no jokes please..
HDB offers a unit at sembawang, executive flat, 2nd storey.. selling at 261 k...near to sembawang mrt & sun plaza...130 square metres.,place is quite nice...though my fiancee and I can afford..what is holding us back are these questions:
1) next time when want to sell, will we make a lost ?
also considering fact that is is 2nd floor..
2) 2nd floor any disadvantage like dripping water from laundry...?? smell from rubbish chute even though the unit is not directly under the main chute?
3) in the afternoon sun is shining at the block but not too bad block by trees..
2) If you have inconsiderate neighbours, you will suffer from dripping laundry no matter what level you are staying at except on the highest floor. As for the rubbish chute, you might want to consider the distance from the main chute. 1 m away is also not directly under.
3) Well if it is blocked by trees than it ain't too bad
4) Low Floor - You might have problems finding buyers because most people don't like low floors with a few exceptions. Personally, anything below 6th floor, I won't buy. Then again, I'm fussy
5) Not sure about prices in Sembawang but if you buy it, your executive is cheaper then my 4-room flat
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Oh great u r here at the right time, i'm given a choice to buy an old point block flat, its 20 yrs old, very big n spacious, 5 rm, 23 floor. Is it advisable to buy the flat for the long run?? Or buy the small squezzy new flat??Originally posted by activator:ok .... i have been a pty agent for 5 years...and my suggestion to u is dont buy e-flat!!!
Bigger size hses always DIFFICULT to sell in the mkt! -
now hot is 3rm/4rm....5rm and executive are not so hot, very hard to sell later on.
I got a sis, she got executive flat, although she has to wait a few years then can sell, but most likely she'll make a loss if she do sell....
Executive flats are not so popular now.... -
BUt thing is not popular now doesn't mean it won't be popular when the economy picks up down the road also
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In my opinion, I don't foresee the economy back to pre-Asian financial crisis period.....too many factors nowdays against us.Originally posted by elindra:BUt thing is not popular now doesn't mean it won't be popular when the economy picks up down the road also
It's just my opinion, don't take my word for it.
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thanks for all the advice bros....
i just found out that this unit is a repurchased flat....previous owners signed but never take possession...hmmm..strange? -
i)they got advice and back out of dealOriginally posted by tomhunk:thanks for all the advice bros....
i just found out that this unit is a repurchased flat....previous owners signed but never take possession...hmmm..strange?
ii)they don't like location
iii)they went in and feel something's there....
iv)who cares? -
at first i was really tempted to buy.261k for an exec..sounds too good to be true...but think of selling it may not be able to sell...
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elindra..wat new rule care to share?
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just one more question, though it is an exec, if i sell it...wouldn't people wan to buy cos it is just 5 min walk to sembawang mrt & sun plaza..????
if i buy from hdb at 261k & 5 years later if if if economy picks up, perhaps I can price it at 350 K??? or maybe i m too wishful.. or dreaming....or considering itt is only 2nd floor..nah i dun think i can make a profit..wat u guys think? -
The one for the upfront payment. Resale flats tend to be more ex so most likely not alot of ppl can afford. Go HDB there read la.Originally posted by tomhunk:elindra..wat new rule care to share?
Lazy to type out.
I guess depends on how much ppl like Sembawang by then. But for me even if 5 mins walk I wun take a flat on low floor. But that is for me only la. -
Not strange laOriginally posted by tomhunk:thanks for all the advice bros....
i just found out that this unit is a repurchased flat....previous owners signed but never take possession...hmmm..strange?
My friend did that too but coz another area which they wanted real bad came up. So they didn't take possession of the 1st flat they signed up for. -
o thanks.. tat means your friend forfeited his $2000?
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Yup yupOriginally posted by tomhunk:o thanks.. tat means your friend forfeited his $2000? -
Sun plaza? Yucks. Sembawang mrt? Double yucks.
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hai the problem is it is so hard to get choice location unles u get reslae..in the recent toa payoh ballot 2000 people apply for 63 vacancies(mixture of 4/5 room)..needless to say, i got booted out
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actually you better stay there one whole day to take note of noise lvls you never know....
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so now i subscribe to e news from hdb..got new opening straight away go down apply..hdb is horrible..this season all advertise exec flats.. think they r trying to get rid of them...bt panjang,seng kang,sembawang.. all advertise exec..where r all the 4/5 rooms?
well perhaps next season.. -
toa payoh is good... nearby amenities..next time sell surely can sell one..
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Originally posted by tomhunk:in a dilema..no jokes please..
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I see you want spoon-feeding...Originally posted by tomhunk:elindra..wat new rule care to share?
Do you also want a nanny?? 
GO AND FIND YOURSELF LAH!!! YOU LAZY BUM!!!
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Good! Let him find himself!~!Originally posted by elindra:Go HDB there read la.
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First few things before u decide...Originally posted by tomhunk:in a dilema..hope the brothers here can advise..
no jokes please..
HDB offers a unit at sembawang, executive flat, 2nd storey.. selling at 261 k...near to sembawang mrt & sun plaza...130 square metres.,place is quite nice...though my fiancee and I can afford..what is holding us back are these questions:
1) next time when want to sell, will we make a lost ?
also considering fact that is is 2nd floor..
2) 2nd floor any disadvantage like dripping water from laundry...?? smell from rubbish chute even though the unit is not directly under the main chute?
3) in the afternoon sun is shining at the block but not too bad block by trees..
1) Are you intending to stay or sell in future?
2) For some 2nd floor is good cos in case of emergency...very fast can walk down
3) Some people actually like LOW floor....
4) Do check the resale value of the place.
If you are chinese, u might have a hard time selling the place in future. As low floors, most of the time (not racist hor) other races prefer. Not sure why but it seems so.....
And market value for low floor is normally cheaper. Bigger floor area might be harder to sell in future.
**From HDB website, I know HDB has not release anymore flats for Walk-in for Chinese. Are you another race?