I think it's a good price for own stay. However, current rental price won't be sufficient to cover the monthly instalment amount as you will most likely need a significant upfront cost (plus the winning bidding price). Basically, negative monthly cashflow. I think the most scary part is the auction price for most of the properties (not only Fennel) are actually trending lower and lower.

Are you planning for own stay or investment?


And you can see some bidding frenzy until only 5%-10% difference from subsale price... with all the risks and potential troubles, wonder if it really worth it...

Congrats to you too @tashleng. Do share with us later during your unboxing day and about the general condition of The Fennel. I am interested in this condo too.