BTO or Resale

[cookieemonsterr]

Im in a dilemma. Should I wait 1 year to get resale flat (bigger, better location) or should I snap up a cheaper BTO now?

Kind of lost to be honest.

 

[tk]

if u can afford to wait go for BTO lor..

 

[lampano]

Another no head no tail question

 

[cookieemonsterr]

Sorry not bto.

I applied for a SBF. I have a queue number, appointment is next week. Tampines.

At the back of my mind, I am thinking I should wait it out to see how the market settles (end of QE and stuff) leading to possibly lower resale prices.

The attraction of resale is there, able to choose location, and bigger sized flats.

If I happen to reject this SBF chance, I would temporarily lose my first timer status. The tampines flats that I really wanted (central areas) have already been taken up.

So I am wondering if I should grab the other remaining SBF in Tampines (around 350k), or should I wait for prices of resale flats to come down abit more. With 40k grant, I can get an only slightly more expensive resale in a possibly more ideal location and a bigger unit.

That begs the question. Why dont older flats with bigger sizes command higher prices than new BTO flats (smaller) that enter the resale market?
The lease start date? Does that really matter?

 

[derrickgoh]

Personally I like the design of older flats in that the clothes dry a lot faster. Newer flats the design CMI as far as drying clothes is concerned.

I like the convenience of an old flat's rubbish chute inside each flat. I don't like the long common corridors found in most older estates.

I like that in newer estates there are flats that don't have windows facing the corridor. For older estates usually only the 2 corner units don't have windows facing corridor.

I like that older estates the blocks are further apart so less noisy and less claustrophobic.

I could go on. Ultimately its up to you. Both old and new estates have their pros and cons. I personally think old estates have more advantages but like I said, its personal.

 

[noel13]

Sorry not bto.

I applied for a SBF. I have a queue number, appointment is next week. Tampines.

At the back of my mind, I am thinking I should wait it out to see how the market settles (end of QE and stuff) leading to possibly lower resale prices.

The attraction of resale is there, able to choose location, and bigger sized flats.

If I happen to reject this SBF chance, I would temporarily lose my first timer status. The tampines flats that I really wanted (central areas) have already been taken up.

So I am wondering if I should grab the other remaining SBF in Tampines (around 350k), or should I wait for prices of resale flats to come down abit more. With 40k grant, I can get an only slightly more expensive resale in a possibly more ideal location and a bigger unit.

That begs the question. Why dont older flats with bigger sizes command higher prices than new BTO flats (smaller) that enter the resale market?
The lease start date? Does that really matter?

That is also one of the measure you can look into it. And the BTO might be just near a lot of amenities .

 

[Sambuca78]

Sorry not bto.

I applied for a SBF. I have a queue number, appointment is next week. Tampines.

At the back of my mind, I am thinking I should wait it out to see how the market settles (end of QE and stuff) leading to possibly lower resale prices.

The attraction of resale is there, able to choose location, and bigger sized flats.

If I happen to reject this SBF chance, I would temporarily lose my first timer status. The tampines flats that I really wanted (central areas) have already been taken up.

So I am wondering if I should grab the other remaining SBF in Tampines (around 350k), or should I wait for prices of resale flats to come down abit more. With 40k grant, I can get an only slightly more expensive resale in a possibly more ideal location and a bigger unit.

That begs the question. Why dont older flats with bigger sizes command higher prices than new BTO flats (smaller) that enter the resale market?
The lease start date? Does that really matter?

Actually how to apply the SBF for after 35 years old? And know what are the grants available? Me very noob on all this...

 

[Ronaldo88]

Nw resale prices dropping while bto prices maintain..gap narrower as time goes..gap may jus go down till 50k..

 

[cloverpark]

Personally I like the design of older flats in that the clothes dry a lot faster. Newer flats the design CMI as far as drying clothes is concerned.

I like the convenience of an old flat's rubbish chute inside each flat. I don't like the long common corridors found in most older estates.

This 2 points applies to condos as well. It's still possible to choose high floor and east/west facing service yards.

Personally I think privacy is most important.

 

[haato89]

One reason I prefer new flats is cos the rubbish chute outside of Flat leh. Now seems like alot of ppl avoid living near the rubbish chute area....

 

[cloverpark]

One reason I prefer new flats is cos the rubbish chute outside of Flat leh. Now seems like alot of ppl avoid living near the rubbish chute area....

I remembered fengshui article says door cannot directly face rubbish chute.

 

[etiqa81]

I personally feels that is all depends on what you want at the end of the day.

That's always both sides to a coin, use a coin and flip it.
Head - BTO
Tail - Resale ( Bigger & Better Location )

When the coin lands and shows you a Head, your hearts tells you to flip again then would strongly suggest that u should wait and go for resale instead. 2 cents worth hope it helps .

LoanOwl - Singapore Best Loans Comparison Sites

 

[Ronaldo88]

Thk i will forfeit the option n wait for nxt yr go resale..

 

[markopolo]

I personally feels that is all depends on what you want at the end of the day.

That's always both sides to a coin, use a coin and flip it.
Head - BTO
Tail - Resale ( Bigger & Better Location )

When the coin lands and shows you a Head, your hearts tells you to flip again then would strongly suggest that u should wait and go for resale instead. 2 cents worth hope it helps .

LoanOwl - Singapore Best Loans Comparison Sites

Why this loan owl never put POSB

 

[haato89]

I remembered fengshui article says door cannot directly face rubbish chute.

Ya so I don't understand why ppl will want it right in their house--isn't that worse?

 

[Hidetoshi]

Another no head no tail question

Kaopeh la.. Learn some manners