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Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel

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propertyowner
post Jul 12 2020, 01:24 PM

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QUOTE(WahBiang @ Jul 12 2020, 01:05 PM)
Nice, not bad, then if 138mil /1.38k = ?
Again, do read comments in full...
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Noted just wonder why a dumb wrote 1.38mil in earlier comment
propertyowner
post Jul 12 2020, 01:35 PM

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QUOTE(BoonieTan @ Jul 11 2020, 02:21 PM)
For benefits of non-mandarin speakers, the key points by Tony Guru about bulk purchase are as follows:

1. Make sure the bulk purchase deal you entering is in line with or lower than market value of surrounding properties.

2. Perform your diligence on the developer reputation and their track record.

3. Check the profile of your fellow bulk purchasers profile - avoid speculators who won't hesitate to go highly gearing entering such deals - this may lead to future foreclosures and causing a sharp drop in your property value

4. Measure your own head before buying your cap. Don't buy properties which you cannot afford the monthly installment and maintenance.

And lastly, caveat emptors - if the developers offering reasonable deals to the market in the first place, why do they have to resort to bulk purchase to clear their inventories?

Not sure if I agree with all his points (as he darn sure has his own vested interests making such claims - if not mistaken, he's a leader of property agency himself) but some are best kept for own's consideration before going into bulk purchase deal.
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Thanks for translating the salient points. Those are valid.
toiletking2006
post Jul 12 2020, 02:44 PM

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QUOTE(lulu89 @ Jul 11 2020, 11:16 AM)
Insider deals PM-ed smile.gif
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Interested. Pm me
SUSLiamness
post Jul 12 2020, 03:35 PM

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QUOTE(toiletking2006 @ Jul 12 2020, 02:44 PM)
Interested. Pm me
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Me too..
Michael p90 P
post Jul 13 2020, 12:55 AM

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Pm pls
stephdreamcloud
post Jul 13 2020, 11:02 AM

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QUOTE(BoonieTan @ Jul 11 2020, 02:21 PM)
For benefits of non-mandarin speakers, the key points by Tony Guru about bulk purchase are as follows:

1. Make sure the bulk purchase deal you entering is in line with or lower than market value of surrounding properties.

2. Perform your diligence on the developer reputation and their track record.

3. Check the profile of your fellow bulk purchasers profile - avoid speculators who won't hesitate to go highly gearing entering such deals - this may lead to future foreclosures and causing a sharp drop in your property value

4. Measure your own head before buying your cap. Don't buy properties which you cannot afford the monthly installment and maintenance.

And lastly, caveat emptors - if the developers offering reasonable deals to the market in the first place, why do they have to resort to bulk purchase to clear their inventories?

Not sure if I agree with all his points (as he darn sure has his own vested interests making such claims - if not mistaken, he's a leader of property agency himself) but some are best kept for own's consideration before going into bulk purchase deal.
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thanks for sharing. i totally agree with these points. even being given a good deal on hand, i would think through this also and really look at the benefits of the project if i were to buy into it, instead of looking at "how nice" the project is.... i came across quite some not very good/relevant questions when it comes to investors approaching me before deciding to buy a property - mostly too focused on aesthetic instead of the strength , developer reputation and track record, the package (discount vs rebate ) , potential returns, growth triggers in the area ( the more the better, this is important especially when comparing between projects ) , supply and demand, and of course loan eligibility.
SongChiang
post Jul 13 2020, 11:57 AM

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QUOTE(stephdreamcloud @ Jul 13 2020, 11:02 AM)
thanks for sharing. i totally agree with these points. even being given a good deal on hand, i would think through this also and really look at the benefits of the project if i were to buy into it, instead of looking at "how nice" the project is.... i came across quite some not very good/relevant questions when it comes to investors approaching me before deciding to buy a property - mostly too focused on aesthetic instead of the strength , developer reputation and track record, the package (discount vs rebate ) , potential returns, growth triggers in the area ( the more the better, this is important especially when comparing between projects ) , supply and demand, and of course loan eligibility.
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some developer like masteron even aesthetic also can't be trusted
BoonieTan
post Jul 13 2020, 01:42 PM

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QUOTE(stephdreamcloud @ Jul 13 2020, 11:02 AM)
thanks for sharing. i totally agree with these points. even being given a good deal on hand, i would think through this also and really look at the benefits of the project if i were to buy into it, instead of looking at "how nice" the project is.... i came across quite some not very good/relevant questions when it comes to investors approaching me before deciding to buy a property - mostly too focused on aesthetic instead of the strength , developer reputation and track record, the package (discount vs rebate ) , potential returns, growth triggers in the area ( the more the better, this is important especially when comparing between projects ) , supply and demand, and of course loan eligibility.
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Agreed with what you say here. Investors really need to look at what's at stake when comes to bulk purchase deal. Value should precede aesthetic.

At the end of the day what's important is what's the rate of return and not you getting the most beautiful unit in the block. Well at least if you have to pick between aesthetic and value.
lulu89
post Jul 15 2020, 12:41 AM

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QUOTE(Civic3880 @ Jul 14 2020, 11:54 PM)
Pm me pls for the deal...
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Check your mailbox ya smile.gif
fluke1
post Jul 22 2020, 11:35 PM

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QUOTE(lulu89 @ Jul 15 2020, 12:41 AM)
Check your mailbox ya smile.gif
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pm me too
DK63 P
post Jul 23 2020, 08:39 PM

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QUOTE(lulu89 @ Jul 11 2020, 11:16 AM)
Insider deals PM-ed smile.gif
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PM for Insider deals icon_rolleyes.gif biggrin.gif
SUSMNet
post Jul 23 2020, 09:54 PM

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QUOTE(lulu89 @ Jul 15 2020, 12:41 AM)
Check your mailbox ya smile.gif
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WHy can't u post it here and so let interested party contact u?
lulu89
post Jul 23 2020, 10:06 PM

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QUOTE(MNet @ Jul 23 2020, 09:54 PM)
WHy can't u post it here and so let interested party contact u?
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Hey bro, bear in mind we can't explore insider deal in public as it might effect EF of the project. If you wish to know more, we can discuss further privately smile.gif
BoonieTan
post Jul 23 2020, 10:23 PM

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QUOTE(lulu89 @ Jul 23 2020, 10:06 PM)
Hey bro, bear in mind we can't explore insider deal in public as it might effect EF of the project. If you wish to know more, we can discuss further privately smile.gif
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Sorry what's EF?
propertyowner
post Jul 23 2020, 10:44 PM

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QUOTE(BoonieTan @ Jul 23 2020, 10:23 PM)
Sorry what's EF?
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End financiers i.e. banks who provide you loan facilities
Alexzis
post Jul 25 2020, 09:22 AM

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PM pls i am interested
bernardyap
post Jul 26 2020, 04:35 PM

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Interested on to buy on type 5.
pm me for group buy offer or referral rebate or any type of discount.
kooshyong P
post Jul 26 2020, 07:19 PM

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pm
kooshyong P
post Jul 26 2020, 07:39 PM

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QUOTE(adhoc @ Jul 12 2020, 01:30 AM)
Hi, I’m interested please pm me
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I am interested ,pm
Max_khoo P
post Jul 29 2020, 11:07 AM

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PM pls

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