[CONSOLIDATED] gaul_ads full of questions megathread

[gaul_ads]

After including interest etc etc..

Because condo buyer only more interested in new condo..

Existing or old condo, no one want to buy..

That why many condo owner try to rent out hoping to recoup as much as possible..

 

[lifeafter41]

Those buying at 2600 or 2700 psf looking to sell with prices at least 3000psf just to break even, factoring interest, stamp duty, etc…….

 

[gaul_ads]

Those buying at 2600 or 2700 psf looking to sell with prices at least 3000psf just to break even, factoring interest, stamp duty, etc…….

But heard many can't sell off..

Alot of condo hanging around in market..

Even selling at 3k psf i doubt can cover back..

 

[artncraft]

No issue if selling below the market price.

The price index has moved up a lot since 2008.

 

[toolbox03]

Those buying at 2600 or 2700 psf looking to sell with prices at least 3000psf just to break even, factoring interest, stamp duty, etc…….

If you count interest, stamp duty, it will be neverending

see it as stepping stone to a bigger house

 

[gaul_ads]

No issue if selling below the market price.

The price index has moved up a lot since 2008.

Sell below is lost money..

Buy at $2500psf
Sell at $2300psf kym??

Condo buyer are richer buyer or investors.. where will they interested in old property??

 

[Racking2322]

After including interest etc etc..

Because condo buyer only more interested in new condo..

Existing or old condo, no one want to buy..

That why many condo owner try to rent out hoping to recoup as much as possible..

can sell. those 5 years or younger. so most buy new must flip.

 

[gaul_ads]

If you count interest, stamp duty will be neverending

see it as stepping stone to a bigger house

Buy hdb can earn $$..

Condo got earn??

More like a living experience..

Even if want cash out 1 day.. also dont know got buyer or not..

 

[drkcynic]

Tell that to the owners of Penrose, Sterling residences, Jadescape to name a few...

They will laugh at you.

 

[artncraft]

Sell below is lost money..

Buy at $2500psf
Sell at $2300psf kym??

Condo buyer are richer buyer or investors.. where will they interested in old property??

If they bought a few years ago, there is a 99% chance they will make money even with interest, tax and maintenance factored in.

 

[gaul_ads]

can sell. those 5 years or younger. so most buy new must flip.

Condo buyer more interested in buying new house. Same like car buyer.. prefer new car over 2nd hand..

Those buy 2nd hand car owner are those that need the car for work propose or family which need to travel ..

Real car owner only buy new

 

[nachtsid.er]

Went the tide recedes
Those who go in blindly to invest in property w/o doing their homework will be the ones found swimming naked

 

[gaul_ads]

Tell that to the owners of Penrose, Sterling residences, Jadescape to name a few...

They will laugh at you.

Got friend buy woodland, tampines, bedok area condo..

All losing money when sell off

 

[ballastic90]

Depends on location

 

[gaul_ads]

Tell that to the owners of Penrose, Sterling residences, Jadescape to name a few...

They will laugh at you.

Why laugh at me??

 

[drkcynic]

Got friend buy woodland, tampines, bedok area condo..

All losing money when sell off

Anything bought before covid is consperms make money.

It takes a huge suay kia to lose money seriously.

 

[artncraft]

Got friend buy woodland, tampines, bedok area condo..

All losing money when sell off

That's why buy 999 LH or FH only if want to hold for the long term.

 

[Racking2322]

Condo buyer more interested in buying new house. Same like car buyer.. prefer new car over 2nd hand..

Those buy 2nd hand car owner are those that need the car for work propose or family which need to travel ..

Real car owner only buy new

true but i think the quite new ones still got potential buyers, cos maybe better location, more attractive psf etc. but for 99LH, those more than 10 years face some challenge.

 

[gaul_ads]

That's why buy 999 FH or FH only if want to hold for the long term.

Those landed buyers also buy land only..

Tear down whole house and rebuild..

Not sure abt 999 and FH condo. I think maybe these are more valuable

 

[Kaylin]

buy 1.2m sell 1.25m lor