[GLGT]3,629 cheques were collected or 4.3 times oversubscribed for Emerald of Katong condo with prices starting fr $1.2m

[formula]

Lol……

Gxgx. It's a good investment.

 

[dubliner1407]

Gxgx. It's a good investment.

Hopefully!

 

[snowblaze]

i cannot afford condo. is this project that good?

 

[airman88]

i cannot afford condo. is this project that good?

I live near EOK and cannot understand the hype of this project

I suspect FOMO is the order of the day

 

[airman88]

Hopefully!

Can make how much after 3 years?

 

[Newtype_com]

No wonder everyone all go become property agents

Huat ahhhh

 

[Ronin881]

Something odd in this article.

Propery sales are supposed to first-come-first-served.

It is not supposed to be over-subscribed at all.

The over-collection of cheques is also strange.

Let's suppose that they really collected the cheques, does it become a lottery to decide who gets the condo.

Then it attracts many questions: Is the company authorised to conduct a lottery?

 

[superjellybelly]

You must be flushed with cash to buy under your MIL’s name as I reckon she may be too old to get bank loan

Probably added wife’s or own name as co-borrower

 

[superjellybelly]

Something odd in this article.

Propery sales are supposed to first-come-first-served.

It is not supposed to be over-subscribed at all.

The over-collection of cheques is also strange.

Let's suppose that they really collected the cheques, does it become a lottery to decide who gets the condo.

Then it attracts many questions: Is the company authorised to conduct a lottery?

Balloting has been the chosen method since a long time ago.

 

[Kwein]

Something odd in this article.
Propery sales are supposed to first-come-first-served.
It is not supposed to be over-subscribed at all.
The over-collection of cheques is also strange.
Let's suppose that they really collected the cheques, does it become a lottery to decide who gets the condo.
Then it attracts many questions: Is the company authorised to conduct a lottery?

u never buy property before?

balloting is the norm and
some will giveup if cannot get good unit


Read HWZ Forum Rules!

 

[dubliner1407]

Can make how much after 3 years?

Who knows

 

[Johnpierpontmorgan]

What! Over 2.8k psf still need to snatch and consider lucky to hoot 1. Simkie is really rich. I think i am not sinkie

Yes u r not. This is normal numbers in private housing. So lucky taxpayer like me subsidising these people

 

[thenewguy]

all the"SG" buying we know is new citizens la..govt shld show the reality

 

[PAP4ever]

And edmwers making $20k/m said they need to work till death to pay off their $400,000 BTO??? Something is not right?

they extend the hdb to 25yrs loan for the fun of it but behind, they have like 2 condos fully paid.

 

[coyote]

they extend the hdb to 25yrs loan for the fun of it but behind, they have like 2 condos fully paid.

Unlikely. Firstly due to absd for 2nd and 3rd home. Secondly, clearing your first loan for the HDB will give you full 75% loan for your next property. So, the scenario you mentioned unlikely to happen.

 

[PAP4ever]

Unlikely. Firstly due to absd for 2nd and 3rd home. Secondly, clearing your first loan for the HDB will give you full 75% loan for your next property. So, the scenario you mentioned unlikely to happen.

absd only became ridiculous recently. ppl were abusing this like crazy yrs back.
Those ppl all huat while the new ppl kena priced out.

 

[magna_strike]

Well, proves that people here are filthy rich despite wat they say..

 

[coyote]

absd only became ridiculous recently. ppl were abusing this like crazy yrs back.
Those ppl all huat while the new ppl kena priced out.

That may be true but HDB is cheap and must be your first property. If you have 2 private property fully paid. No reason to keep the HDB loan which is too little to matter.

 

[beano]

A lot of these sales bought up by agents and VIPs.. god knows who..

 

[coyote]

Yes u r not. This is normal numbers in private housing. So lucky taxpayer like me subsidising these people

How are you subsidizing others?