An agent called me there was a transaction on Chimes at $820K. Already sold. It's 24x75 but not sure if intermediate or what.

wow.. gross profit about 150k ?

Seems to be on the high side (if intermediate) compared to the offers out there...

Then whack a chime intermediate at 680k now still flipable?

Depends on you investment duration and expected profit I guess

a transaction of 820k ald sold and u still expecting u can get 680k?

after deduction of lawyer fees and so on .. i dont think profit > 50k

820k only shout by agent, we never know there's a transaction or not.

lol... if i m an agent that want to spread rumors, i would not spread only 820k...

you will try spread 900k when there are offers way below that currently in the market?

seemed quite consistent though. Confirmed by another agent company. But maybe they pakat, we won't know. Oh well.

Its possible if there is a buyer desperate to buy one and he is rich enough
Plus... since i m already making story... y not i made a story that mark up the price of the house and i can get more commission ?

so.. i dont believe its a make up story..

Desperate? There are cheaper offers in market.

Rich? Just cause they are rich doesnt mean they are stupid.

Making stories? The greatest lies need to have a tinge of truth in it, not blatant lies.

Very easy to test.

See all those "for sale" offers of chimes in the market?

Call up one agent, tell them u can pay 750k, see what they say.

what else can they say? they will call up owner and hopping that someone will release at 750k

buying at the price higher than market value doesnt mean they stupid, Jusco selling groceries more expensive than other local hypermarket, but there are still alot of people buying groceries there... is that mean all of them are stupid?

Huh? Wait for them to get back to u then u know the market price lor.

Like I was eyeing a Semi D in KK, listed ~2.05, I countered 1.75, they came down to 2.0, I went 1.8, they finally came 1.93 all these in the span of 3 days.

So now I know that's the price seller willing to go down to, maybe a tad more if I improve my bid.

Its more accurate then listening to rumours and LYN

I dont believe you just compared a house purchase with groceries in Jusco

haha.. what i actually want to express is..
there are people out there that willing to pay more that its value as long as they are happy and affordable for them

vice versa, there are people that will sell the property at price lower than market value due to logistic reason..