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Neighbour sold BTO unit, value doubled. Shd i? Buy what then?

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Old 23-12-2018, 05:01 AM   #16
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The annual loan interest adds to your cost of the flat. Effectively, the longer u hold, your cost goes up.
If sell n replace with a loan free property. This interest will not be an issue.
As one ages, the peace of mind of being debt free is priceless.
Odd ball high psf buyers are hard to come by. If can hook one, i will go for it.

But as usual, own stay home has sentimental value, so priorities may be different
I agree with your point about being sentimental due to it being our first matrimonial home.

Ur point of wanting to be debt-free is also noted.

Personally I will sell and buy a new 1, just to refresh a house with longer tenor.
A new and cheaper (which means smaller) unit i guess u r implying.

Ts ur place is where?
Duxton ah???
Punggol. Not a prime location like Tg Pagar/AMK/TPY/Bishan.

You hougang massionette issit. How come can sell so high 880k?
Coz its a unique unit. Only 2 per building.

Is this EA/EM in NE Hougang/SK/Punggol? $880k is rather unheard of in the NE. Is this reliable news?
Its a 5-rm loft unit. I have no time for #fakenews like Trump la bro.

Thank you all.
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Old 23-12-2018, 09:10 AM   #17
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Blk 305B Punggol Road.

147sqm.
Premium Apartment Loft.

Lease from 2012.

High floor unit.

Transacted in November 2018
$870k.

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Another similar unit
Blk 306D
Transacted at 800k.

Don't believe can do your own checks.

Pls click : HDB resale price
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Last edited by vinz; 23-12-2018 at 10:06 AM..
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Old 23-12-2018, 09:56 AM   #18
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Loft units esp one of that size are pretty rare AFAIK. Personally, unless i really need the $ i rather live in it & enjoy. Its quite near punggol mrt & waterwaypoint too.
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Old 23-12-2018, 12:52 PM   #19
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wah jealous lei.. HDB loft unit... TS queue number single digit ah?

Last edited by quailmaster; 23-12-2018 at 12:59 PM..
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Old 23-12-2018, 12:56 PM   #20
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Sell and buy the unit below/nearby, then you will get the same unblocked view with extra $$$
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Old 23-12-2018, 02:47 PM   #21
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Dont sell now lah, this one is million dollar view. Next time old liao cannot climb stairs then sell haha.
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Old 23-12-2018, 11:45 PM   #22
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Loft units esp one of that size are pretty rare AFAIK. Personally, unless i really need the $ i rather live in it & enjoy. Its quite near punggol mrt & waterwaypoint too.
Yeah, walking distance to MRT (and Waterway Point).

wah jealous lei.. HDB loft unit... TS queue number single digit ah?
My number was the first double digit number haha!

Sell and buy the unit below/nearby, then you will get the same unblocked view with extra $$$
One of my option too.

Dont sell now lah, this one is million dollar view. Next time old liao cannot climb stairs then sell haha.
Hahaha old time by then accrued interest alot liao.
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Old 24-12-2018, 01:15 PM   #23
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Yeah, walking distance to MRT (and Waterway Point).

My number was the first double digit number haha!

One of my option too.

Hahaha old time by then accrued interest alot liao.
Treelodge? I don't think it will climb higher than 900k. So this is probably near the peak.
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Old 24-12-2018, 06:26 PM   #24
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I would just sell and get a more central location.

mid 30s still can bia and service a mortgage of a doable loan duration.

Last edited by RyanJosie; 24-12-2018 at 06:34 PM..
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Old 25-12-2018, 09:05 AM   #25
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I will prob sell, can def pia another unit. Ur flat prob rental yield not high else is pia pte condo
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Old 25-12-2018, 10:44 AM   #26
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I would just sell and get a more central location.

mid 30s still can bia and service a mortgage of a doable loan duration.
Agree. At at age of 30 plus, still far from thinking of relaxing.
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Old 25-12-2018, 11:55 AM   #27
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If no intention to have kids, I would cash out and stay in a fully paid place. Debt-free is certainly way to go even though you may be young. Why take on another mortgage when that sum can easily help you retire earlier.
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Old 25-12-2018, 12:05 PM   #28
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If no intention to have kids, I would cash out and stay in a fully paid place. Debt-free is certainly way to go even though you may be young. Why take on another mortgage when that sum can easily help you retire earlier.
Being debt free might not be help you retire earlier. Of course being in debt also doesn't mean you can retire early. But what I meant is that, fully paying a mortgage loan allow u to be more stress free, but not retire early.
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Old 25-12-2018, 10:19 PM   #29
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Treelodge? I don't think it will climb higher than 900k. So this is probably near the peak.
We are kinda on the same page.

I would just sell and get a more central location.

mid 30s still can bia and service a mortgage of a doable loan duration.
Thing is, i am not keen in central as my fam members are all in the east and i dont work in central too.

I will prob sell, can def pia another unit. Ur flat prob rental yield not high else is pia pte condo
At the same time, loan for PC would be higher too.. doesnt it even out at the end of the day?

Agree. At at age of 30 plus, still far from thinking of relaxing.
Agree!

If no intention to have kids, I would cash out and stay in a fully paid place. Debt-free is certainly way to go even though you may be young. Why take on another mortgage when that sum can easily help you retire earlier.
Thanks bro... good words!
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Old 26-12-2018, 11:59 AM   #30
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We are kinda on the same page.

Thing is, i am not keen in central as my fam members are all in the east and i dont work in central too.

At the same time, loan for PC would be higher too.. doesnt it even out at the end of the day?

Agree!

Thanks bro... good words!
Why do you think it will be harder to go above 900k? I mean I said that too but would like to see others' opinion too.
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