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 JRK CONVENA (LRT MUHIBBAH TOD PROJECT), A project by JRK Group

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HeartSignal
post Mar 4 2021, 12:00 AM

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Joined: Sep 2019
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。
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1) 2) 3) 4) I agreed with you whole-heartedly.

5) I find it funny how hypocritical people can be when they say this quote, "buy property wor, you think like buy vegetable meh". The fact is, people buy property emotionally and often times forget what they truly need.
They find it hard to accept that property that suits their needs and requirements is imperfect while they can buy a property that is far from their needs and requirements but they are buying because they feel emotionally pleased just because showroom is pretty.
Yes, when you are buying, you need to make yourself happy too but you are buying hundreds of thousands. does your short term happiness worth hundreds of thousands?

No wonder, lots of people been losing money buying property that they regret after and the current gen x and y will definitely regret in the future because they have never learnt the lessons before.

 

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