QUOTE(KL Low @ Mar 3 2021, 11:52 AM)
I have read all the comments and views on rosewoodz and convena. 真系公有理婆又有理。i bought my first property in 1983 and the latest in 2017 for my son. My own personal advices to the Gen X and Y which are not exhaustive and may not be acceptable by many are as follows:
1) The location of the property of the property is of utmost importance.
2) Tandem parking is totally unacceptable.
3) Do not be overly disturbed by freehold and leasehold projects. If a property which is leasehold in a good location can provide you with all the conveniences in terms of shopping, banking , medical facilities within walking distances or a few minutes of driving and provide you with a consistant rental income over a long period and capital appreciation in line with inflation rate, why bother whether it is freehold or leasehold. Of course if the above benefits accompanied by freehold status, it is an added advantage.
4) IF you are worried about the cementary, noise created by lrt, high tension wire, squatters and old flats , drop your plan to buy and look for another area.
5) The views of the so called professional agents are for reference only. You have to do a bit of homework yourself before committing. Views from the old time investorscan be of great help. Many times i realise people are entice to buy base on the impressive show room unit.
House prices definitely rise in the long term due to inflation, scarcity of land and escalating building materials. It is important for first time buyers using hard earned money to exercise caution in buying your dream home.
Lastly, i quote Lee Kah Seng of Hong Kong. 宁愿买贵, 万万别买错。
since when Lee Kah Seng quoted it? lol1) The location of the property of the property is of utmost importance.
2) Tandem parking is totally unacceptable.
3) Do not be overly disturbed by freehold and leasehold projects. If a property which is leasehold in a good location can provide you with all the conveniences in terms of shopping, banking , medical facilities within walking distances or a few minutes of driving and provide you with a consistant rental income over a long period and capital appreciation in line with inflation rate, why bother whether it is freehold or leasehold. Of course if the above benefits accompanied by freehold status, it is an added advantage.
4) IF you are worried about the cementary, noise created by lrt, high tension wire, squatters and old flats , drop your plan to buy and look for another area.
5) The views of the so called professional agents are for reference only. You have to do a bit of homework yourself before committing. Views from the old time investorscan be of great help. Many times i realise people are entice to buy base on the impressive show room unit.
House prices definitely rise in the long term due to inflation, scarcity of land and escalating building materials. It is important for first time buyers using hard earned money to exercise caution in buying your dream home.
Lastly, i quote Lee Kah Seng of Hong Kong. 宁愿买贵, 万万别买错。
Unker you have a few points there. I personally think location is the prime consideration of buying a house. Tandem is unacceptable but unavoidable due to the space issues. Freehold and leasehold condo has no big issue but when in landed must avoid buying leasehold, it is not guarantee renewable, and they can takeaway without compensate landlord, rent a house if is looking for conveniences.
Lastly, I quote Tun M of Malaysia. Beli rumah bukan beli sayur.
Mar 4 2021, 11:58 PM

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