rich vs. poor - high ses vs. low ses housing

[Bad New Brown]

Compensation cannot match market rates. New condo you buy is going to be leasehold...

True la, then we can only accept a leasehold condominium like Park Colonial at Potong Pasir

 

[AhMeng]

True la, then we can only accept a leasehold condominium like Park Colonial at Potong Pasir

That Park Colonial is opposite the MRT or the type near but not so near far but not so far LPPL type location?

 

[AhMeng]

I mean in this type of hot and humid sinkieland climate, 100m walk without underground air-conditioning tunnel is a killer for all these LPPL properties...

 

[Bad New Brown]

That Park Colonial is opposite the MRT or the type near but not so near far but not so far LPPL type location?

Near Woodleigh MRT also quite close to Bidadari new HDB estate.

 

[AhMeng]

Forrest Woods location is one such LPPL property. It's a LPPL walk to Serangoon station and yet gong sinkies all rush to buy. Hehehe...

 

[Bad New Brown]

I mean in this type of hot and humid sinkieland climate, 100m walk without underground air-conditioning tunnel is a killer for all these LPPL properties...

I understand that

 

[Bad New Brown]

Forrest Woods location is one such LPPL property. It's a LPPL walk to Serangoon station and yet gong sinkies all rush to buy. Hehehe...

People want brand new condominium now no longer want to buy resales one.

I am thinking whether should I go those bank auctions, about $700,000 plus get to buy an old 2-bedrooms apartment.

 

[AhMeng]

People want brand new condominium now no longer want to buy resales one.

I am thinking whether should I go those bank auctions, about $700,000 plus get buy a 2-bedrooms apartment.

That's OK price. Cheaper than public HDB .. hahaha

 

[Bad New Brown]

That's OK price. Cheaper than public HDB .. hahaha

My intention is for rental purposes. Park Colonial also selling 1-bedroom 44 sqm at $700,000 plus.

Riverfront Residences is the LPPL type you mentioned, damn long walk to Hougang MRT.

 

[AhMeng]

My intention is for rental purposes. Park Colonial also selling 1-bedroom 44 sqm at $700,000 plus.

Riverfront Residences is the LPPL type you mentioned, damn long walk to Hougang MRT.

Pay cash or mortgage? If mortgage, can recover?

 

[Bad New Brown]

Pay cash or mortgage? If mortgage, can recover?

Get a bank loan and pay monthly mortgages.

Yes it’s can recovered. Buying one underpriced resale’s condo from bank auctions is the cheapest