The Singaporean Malay guy featured in a newspaper report some time ago is also living in BWV right? It was reported that he can enjoy fishing at his own balcony.
Yeah, saw fishing rods out from balcony, waiting for the fish...
The Singaporean Malay guy featured in a newspaper report some time ago is also living in BWV right? It was reported that he can enjoy fishing at his own balcony.
Yeah, I actually attended the launch of their showhouse back in 2008 , organized with a ppty agent in SG. Was impressive and make you want to buy. They even organized a tour of Puteri harbour and I was asking myself who on earth would want to travel that distant inward to the harbour to invest but in just 3 years many things have change and I am glad they are doing alright so far for Nusajaya. Back to developer, his smallest plot was like 9000 sqft and the largest is somewhere around 36,000 sqft but at that time my understanding was that you have to build within two years....kind of turn you off but I guess they don't , the place will soon be like LF in the past . Everyone bought the land but wait for neighbour to build first, in the end nobody build and remain vacant for a long long time. I am surprised if they managed to sell off all plots, my guess is not everyone build within two years , otherwise there should be many nice bungalows there now but I also heard to get around the two years must start building condition; you simply build a fence or wall around your land, they tell you must start but never tell you must completed by when ...Anyone here from Ledang Height ?
Hi all, to add the deodorized insecticide, main component is "Malathion"
Hey people, help me with my query please, urgent!
1) Can i drive a Singapore G-plated vehicle into MY?
2) Can i drive a MY-plated van into SG? (I have only SG licence)
Hi bro PH, I understand where you're coming from; sorry if the tone of my writing sounded harsh. I was just sharing my own views and action plans for property investment, and also some things that I learned from Milan and other local investment books that I've read. But I have to say that this is the first time I've heard of having 8 yrs of reserves. Usually most would advocate having 6 months emergency funds and insurances to cover the bank installments. I've not experienced the real effects of recession; just entered uni at the start of the 1997 Asian crisis; but I've heard of how a lot of graduates that time couldn't get jobs or were jobless for more than 6 months or were retrenched. Thanks for sharing, bro.Understand and totally agreed. Paisei, maybe i did not make it clearer. My reserves is for in case no tenants or low rental and no jobs. I just want to make sure all grounds are covered. Some of the uncles that I met went bottom up due to cashflow problem despite having mortgage insurance. I am sure you can see my point. That why I say one can be ambitious and yet down to earth...
Good points for all anyway....
Cheers,
PH
sanur sis: is it also effective against sand flies?
A friend of mine got an offer from HSBC of 90% loan back 3-4 years ago for the first property at East Ledang, 88.8% for the Impiana just recently, third property was 70%. BLR -2.2 (HSBC long time ago), -2.45 recentlyBanks like EON banks offer the flexi way but really do charge the 10 MYR monthly
90% was actually possible for foreigners but now most banks will lend only up to 80% or 85%. Most bros i know got 85-90% easily when they first came here though 80% is more the norm now. A friend of mine recently still got 85% though but he is doing pretty ok.
70% for third residential property can be circumvented in a way by using wife name solely for first batch of 2 houses and then husband for second batch of 2.
Had a few colleagues who all went into LF and LH yesterday to have a look. Now they are regulars.
Managed to get quite a few friends into the MACS program before the last day.
A learned friend was just offered 1.8m by an agent for his semi-d in The Golf, he got it for 1.2m and still
unfurnished/unrenovated. Not sure how this offer was arrived at though but he did not accept.
Seems folks are now keen on investment, even staff asked my wife if we wanted to buy more properties.
Found a WD livebook, 2TB selling at about 272 SGD. Not that bad as i bought it from "Machines" at Jusco
Tebrau city. Saw the same item at Orchard selling for 319 SGD. Decided to bite the bullet and get it for the
staff to use.
Hi bro PH, I understand where you're coming from; sorry if the tone of my writing sounded harsh. I was just sharing my own views and action plans for property investment, and also some things that I learned from Milan and other local investment books that I've read. But I have to say that this is the first time I've heard of having 8 yrs of reserves. Usually most would advocate having 6 months emergency funds and insurances to cover the bank installments. I've not experienced the real effects of recession; just entered uni at the start of the 1997 Asian crisis; but I've heard of how a lot of graduates that time couldn't get jobs or were jobless for more than 6 months or were retrenched. Thanks for sharing, bro.
Ai yah , now JB properties is seller market . Showrooms are like makeshift type beside some mudy construction site and man by security guards instead of sale executives. Gone are the days where they come to Sg to pick up customers via VIP coach , give free lunch , before sales executives personally bring you around to the showhouses . Most showroom got those golf kart that bring visitors from sale offices to shoowhouse , some more can have free bufett leh . Every weekend got free bufett party , but we are so scare to attend because sale person will pester you like as though we got millions to buy houses , haha ...
Dont know when such kind of event can happen again or not ?
You do not need such reserve if you only have 1 loan and monthly installments is 1/4 to 1/3 your basic income. But you need such reserves when your installments is 1.5times your basic income.
Hi PH,
Are you in your 20s or 30s?
I just can't imagine installments being 1.5x salary. Banks will not approve.
So I guess it's loan using paid property as equity...or something like that.
But that again, imagine 8yrs reserve for such a loan or something like 12 yrs of salary.
Wow...out of my league.