QUOTE(WahBiang @ Jul 12 2020, 01:05 PM)
Noted just wonder why a dumb wrote 1.38mil in earlier commentInvestment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel
Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel
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Jul 12 2020, 01:24 PM
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#1324
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Senior Member
2,566 posts Joined: Oct 2017 |
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Jul 12 2020, 01:35 PM
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#1325
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Senior Member
2,566 posts Joined: Oct 2017 |
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: Thanks for translating the salient points. Those are valid.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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Jul 12 2020, 02:44 PM
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#1326
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Junior Member
86 posts Joined: Nov 2006 |
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Jul 12 2020, 03:35 PM
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#1327
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Junior Member
445 posts Joined: Aug 2018 |
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Jul 13 2020, 12:55 AM
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#1328
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Probation
1 posts Joined: Jul 2020 |
Pm pls
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Jul 13 2020, 11:02 AM
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Junior Member
97 posts Joined: May 2020 |
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: 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.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. SongChiang liked this post
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Jul 13 2020, 11:57 AM
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Junior Member
428 posts Joined: Aug 2018 |
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. some developer like masteron even aesthetic also can't be trusted |
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Jul 13 2020, 01:42 PM
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Junior Member
516 posts Joined: Jul 2011 From: Selangor |
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. 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. |
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Jul 15 2020, 12:41 AM
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Junior Member
91 posts Joined: Jul 2007 |
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Jul 22 2020, 11:35 PM
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Newbie
1 posts Joined: May 2011 |
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Jul 23 2020, 08:39 PM
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#1334
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Probation
1 posts Joined: Jul 2020 |
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Jul 23 2020, 09:54 PM
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All Stars
11,954 posts Joined: May 2007 |
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Jul 23 2020, 10:06 PM
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#1336
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Junior Member
91 posts Joined: Jul 2007 |
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Jul 23 2020, 10:23 PM
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Junior Member
516 posts Joined: Jul 2011 From: Selangor |
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Jul 23 2020, 10:44 PM
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Senior Member
2,566 posts Joined: Oct 2017 |
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Jul 25 2020, 09:22 AM
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Junior Member
8 posts Joined: Jul 2012 |
PM pls i am interested
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Jul 26 2020, 04:35 PM
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Junior Member
90 posts Joined: Jan 2003 From: Seremban |
Interested on to buy on type 5.
pm me for group buy offer or referral rebate or any type of discount. |
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Jul 26 2020, 07:19 PM
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#1341
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Probation
2 posts Joined: Jul 2020 |
pm
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Jul 26 2020, 07:39 PM
Show posts by this member only | IPv6 | Post
#1342
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Probation
2 posts Joined: Jul 2020 |
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Jul 29 2020, 11:07 AM
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#1343
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Probation
25 posts Joined: Jun 2020 |
PM pls
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