lol how can it be lots of competition and low demand yet when you want to buy all sold out?

Clearly you have not visited enough properties.

It sounds like your current flat can be rented out easily? Rental paid by religious organization? If rent is secure but so hard to sell why bother?

If both flats can give 750 each, that’s 1500 already. With a dual key and renting the studio out for 1000. You’re already covered, so why bother selling the flats? Makes no sense to me.

IMO for own stay, subsale always better because you would be able to see who are your neighbors, feel the vibe of the place, and experience the actual living conditions. These are especially important for families.

Edit: and these days where got ppl buy property pay deposit one. New ones all 0 money down. Subsale.. Walao need to teach? Ask the agent la they will tell you. Just tell them don’t want pay deposit want full loan.

This post has been edited by Jason: Dec 30 2024, 03:14 AM

Then I would suggest looking for apartments with lift but minimum facilities. I doubt your parents want to go gym or swim.

These apartments can be had <400k and because facilities is minimum the maintenance fees will be low. Just FYI most condos maintenance fees had only went up after the pandemic due to increase in manpower costs. Around 15 to 20 years old — desapark is almost 20 years old now.. just in case you feel it’s “old”. The benefit of old condos? You can see how well it’s maintained, and can see the sinking fund and cash flow of the MO, which gives you an idea of the maintenance fees down the line.

I would not look at new condos at all if I were you because it seems that you need to make sure the house is suitable for own stay, so stuff like your neighbors matter to you.

Buy is easy, living with it can be a pain.