cause Koi and Gong Cha is better

got chatime in SG....novena square!!

now you remind me ...i forgot to press out

ya hor...good idea ...better than keep in bank

dunno leh ...seldom go sg kai kai

congrats for u bro

then dont go lor .....may the force be with you.

amk also got

but then cannot buy any property in malaysia


dun understand what u trying to say, and what is the connection between the job and the force.

Simei? The newly launched condo beside Simei mrt? Where to find $200k?

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Added on July 13, 2012, 9:56 amHaha.. Just dont let your neighbour know. SG Gomen hardly can find out. lol

This post has been edited by shanelai: Jul 13 2012, 09:56 AM

seantang is the #1 elite in this thread lah, he where will buy $200k hdb?? he was just saying that the rest of us peons need to target $200k flats that are 10 mrt stops and 10 bus stops away from town

I think too late to enter the bubble tea scene, too saturated. 4 years ago, I also started my bubble tea shop at KL, Wisma Cosway, but close after 6 months cause dispute with my insane partner. An *******. Then I have wanted to open one in Sg but then didnt get the approved license to operate in a friend's palce. Fire hazard issue.



However, looking at the competition now, we have Gong Cha, Cup Walker, Koi Cafe, Sweet Talk and many more other small players.. My colleague told me, the trend is in again, back in her school days, there were a lot more brands of bubble tea around. Then slowly one by one close down. Reason? Rental is the number one killer and also the operating overhead cost. You need volume, substantial volumne

So, invest in property la, every retail business needs space. So be the landlord. Infact I am looking for ppl to JV with in my next commercial purchase in Sg. Not now, but perhaps next year after I accummulate my bullet.

yah most probably by cash summore, no financing
pity us here still stress on the 20% downpayment

Singapore’s top mall restrooms

http://sg.entertainment.yahoo.com/photos/s...1341989442.html



This post has been edited by ivanswk: Jul 13 2012, 10:29 AM

Thanks. Expected the market to sink after Lehman Bros but... Got tired if waiting and paying rental.

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Added on July 13, 2012, 10:31 amHDB... If I could, I would. But I can't.

Simei IS 10 stops from town leh. It's all the way in the East, physically right next to Expo.


This post has been edited by seantang: Jul 13 2012, 10:31 AM

Yup, properties are good investments if you have huge substantial funds. However, I think F&B is still a killer business in SG.

Ever wonder you can get rich very fast by just opening a mix-rice stall in factory places like Tuas, Penjuru or Jurong Island despite the dishes sucks.

Who wanna start-up or share business ideas can PM me so that we can meet-up.

No leh. Took maximum loan, maximum tenure. CIMB has a pretty unique reducing interest rate loan and my company pays half the interest on employee home loans anyway. And found a place that fits my definition of location, location, location which should offset any issues with increased supply coming online in 2013/2014.

Time was right I guess.

Well done!

A wise choice in the long run and will go some way in further ensuring a nice and comfortable retirement for you in Ipoh when the time comes.

at least u have tried to hone your entreneupperuniship skills
unliek the most of us ...or just me ..
hahah.

Every business also can make money, of course I know retail business is way to go, thats why I tried but didnt succeed cause not willing to forgo my corporate ladder.

Good luck in your business venture!

Yeah, 10 mrt stops from town is OK. I live in Bedok, 8 mins walk from MRT, just need 30mins to town, 35-40 to Orchard, which IMO is "close enough."

But 200k HDB's ... you'd need to stay 10 mrt stops plus 10 bus stops away, no? that would lengthen the journey considerably.

Haha... Why you can't? Bcoz you got no spouse? It's better to get condo than you buy a hdb i think... Not so much restrictions/regulation to comply. Mind to share how much you bought and the spec?

I found Simei is a good place to stay eventhough everyday got to travel to city to work.

This post has been edited by shanelai: Jul 13 2012, 10:53 AM

It's also double the price for similar square feet

i am googling on this
http://www.mymanhattanresidences.com/
the way they price it from 1.5mil "only", sounded like a small figure like that

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Added on July 13, 2012, 11:05 amwow the pool is nice

This post has been edited by ivanswk: Jul 13 2012, 11:05 AM

Thanks.

Is OTP = TOP? I have been seeing TOP in all new condo launches and wondering what it means. I was looking at those condos pricing and you were right, the newer and yet within reach ones are launched in Flora Drive. Simple screening is obvious enough that it is too far from the existing MRT. Infact, the downtown line is still not within walking distance from Flora.

Then I was looking at Tampines, Punggol and Sengkang HDBs. Tampines is obviously overpriced. 30 year old property is selling at the same price as Sengkang (10 y.o) and Punggol (5.0). In terms of proximity to CBD, they are relatively the same. But obviously, Tampines is a matured town, and I am surprise so much premium are priced into a property in a crowded place. This simple scenario is enough to intrigue any inexperienced buyers. How does this 99yrs leasing works? The price seems to be in anti-gravity mode.

Technically, how is this 20% down payment being phased out for HDB and condo purchase in resale market? What about new launches?