HDB exec flat to but or not to buy?
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Don't buy low flr flats cos
1) U will have pest problems (cockroaches) cos of the rubbish chute.
2) noise pollution- many Malay weddings/ funerals held at void deck
3) No view- pple more willing to pay
4) Very hot cos u get blocked.
Don't think u can make much unless it is first flat & u get subsidy.
Anyway if u make from the resale, u still have to pay high price for your next flat.
It is ok to buy exec HDB if u intend to have a big family, then save u the hassle of upgrading.
Buying a flat u shd look at location- proximity to MRT, mkt, schs.
Also check the facing- don't have afternoon sun cos very hot.
If possible don't get too near mosque, church, sch. cos congestion -
thanks gerry & everyone who has contributed..
should ot act in a moment of rashness. think will wait & see...for next round -
i am chinese here...
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Maybe consider resale?
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For 261k, it's damn cheap. I was offered one excecutive flat in Punggol 21. Cost us 400 over k and we had waited for about 10 years.... we gave up when we saw the interior of the flat although it was brand new and on the eight floor. .. but you need to consider that it is on second floor and not many people like second floor. I got a friend who live in Bishan 23 floor and when he bought the next one on the second floor, his comment was " last time use one mortien for so many years, now is two weeks one bottles. Leave it to your imagination ... all the best.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.. -
looked at all options...wan to be prudent & wise .not going for big house.just a 4 room will do..just tat hdb never advertise..resale is ex..we r not able to afford..
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Like you, my wife and I thought that we start a small family and we took a three room flat. Decorated it and we were happy. I got two children then and realised that as they grow we need more space and we moved to a four rooms flat. Then my parent agreed to move in with us if we get a bigger flat and so we applied for a Executive flat. The new flat is small and can hardly accomodate us so we look for resale. Now living in a five room flat where the floor area is just slightly smaller than the Exec flat. I paid 350k of the five rooms still more ex than what is offered to you....Originally posted by tomhunk:looked at all options...wan to be prudent & wise .not going for big house.just a 4 room will do..just tat hdb never advertise..resale is ex..we r not able to afford..
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now not like our parents' time...buy and sell HDB property to make profit...I suggest U buy the house if U want to stay there on a permanent basis...if U plan on selling after 5 years...dont waste ur time.Originally posted by tomhunk: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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Sembawang...eee....damn far....haha, perhaps I'm too used to the east..
2nd floor...double eee...like what the rest have mentioned...pest problems...and maybe stray cats as well? Also, I think the lower floors tend to have bad ventilations?
My bro got a resale 4rm at Pasir Ris for 380K about 4yrs ago..pretty ex... -
U die die must get flats in north-west area?Originally posted by tomhunk:looked at all options...wan to be prudent & wise .not going for big house.just a 4 room will do..just tat hdb never advertise..resale is ex..we r not able to afford.. -
thanks origamist & x cert..noted..
i checked the status at hdb today..still no takers for the unit, it has been weeks..a re-purchased flat...
hmmm......& forgot to say this this unit is near to the common rubbish chute..only seperated by a wall say abt 2 metres away...
did recee the surrounding block for sale..that this premium exec a little bit inside selling 313k but on the 5th floor.. -
near to my wife & my workplace.. they offer bt panjang ,seng kang, woodlands( all exec) sigh...
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normally people dont like repurchased flats...like last time the HDB had walk-in for Jurong West Extension...I went to look look see see at some of the executives and 5-rms...not that bad but not ideal either....1 5rm I saw even had a beam in the middle of the living room...and jets were flying above it...so...U want repurchased flats...U need to be able to stand its "bad" points...Originally posted by tomhunk:thanks origamist & x cert..noted..
i checked the status at hdb today..still no takers for the unit, it has been weeks..a re-purchased flat...
hmmm......& forgot to say this this unit is near to the common rubbish chute..only seperated by a wall say abt 2 metres away...
did recee the surrounding block for sale..that this premium exec a little bit inside selling 313k but on the 5th floor.. -
If U dun want to wait...then see if U want the 313K flat...Originally posted by tomhunk:near to my wife & my workplace.. they offer bt panjang ,seng kang, woodlands( all exec) sigh...
sometimes buying house is all about timing....I let go of the Jurong West Walk-in...another opportunity came along...so... -
The thing about flats... they all have their pros and cons and you can analyse till the cows come home...
But if you're trying too hard to convince yourself that you should take the flat... don't !!
Never hurry or force yourself to take a flat cos there are always other units coming on the market; you just gotta give it some time.Originally posted by tomhunk:near to my wife & my workplace.. they offer bt panjang ,seng kang, woodlands( all exec) sigh... -
Ok now THAT IS a very useful and smart advise. I'll remember this, because I believe this advise is going to be useful forever.Originally posted by choco B:But if you're trying too hard to convince yourself that you should take the flat... don't !!
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yea never rush into buying..
hey that exec unit in sembawang still no taker.... -
I think it is not worth to buy the e flat at 350k to 500k. Paying a leashold property is not worth as years go by. TRY to save more money to buy private property as it is very low now.The low trend will continue maybe for the next five to ten years which depends on the world economy.
