Posted on May 11, 2008 by lushhomeonline
Leftover units offer immediate occupation, but buyers should take note of some things
With property developers holding back major launches as they wait out the gloomy market sentiment, eager buyers have had to turn to other avenues for a home.
Some with urgent housing needs are looking at older ‘brand-new’ condominiums - developments that have been completed [...]
Filed under: Buying, General | Tagged: Chelsea Gardens, Developer Sales, Dunman View, Gardenvista, Hillview Regency, Le Crescendo, Property Buying Guides, Property Defects, Rafflesia, River Place, Tanglin View, The Lakeshore | No Comments »
Posted on February 17, 2008 by lushhomeonline
They include executive condos as well as older private apartments in suburban locations
THE property market has quietened considerably this year, but prices have yet to fall.
Nevertheless, if you have a modest budget of about $600,000 for a home, your choices are not just confined to HDB flats.
Some fairly new executive condominiums as well as older [...]
Filed under: Buying, General, Property Investment | Tagged: Executive Condos, Old Apartments, Property Buying, Property Investment, Suburban Condos | No Comments »
Posted on December 31, 2007 by lushhomeonline
“A growing number of people in the real estate market are looking to buy a condo rather than to purchase a home or to rent an apartment. But, why are condos so hot in the real estate world? Here are the top five reasons why so many are looking to buy condos rather than other [...]
Filed under: Buying, General, Property Investment | Tagged: Condominium, Property Investment | No Comments »
Posted on November 18, 2007 by lushhomeonline
HOME ownership may be the ultimate dream for some or a given for others.
As far as aspirations go, it certainly ranks highly in Singapore, but unless you have wads of cash lying idle, the question of whether to buy a home, as opposed to renting one, should still be carefully deliberated.
There are financial [...]
Filed under: Buying, General, Renting | Tagged: Buy or Rent | No Comments »
Posted on June 11, 2007 by lushhome
It’s easy to assume that negotiating is adversarial. You, the buyer, are on one side — the side that wants to buy a property for the lowest price possible. The opposition on the other side is the seller who wants to sell for the highest price possible. You’re locked in a tug of war to [...]
Filed under: Buying | No Comments »
Posted on June 4, 2007 by lushhome
Q If I buy a property with an existing tenancy, what are the legal implications, given all of the following circumstances:
1. The option specifies that the property is sold with an existing tenancy.
2. However, the existing tenancy agreement between tenant and property owner does not incorporate an explicit clause to allow the owner to transfer [...]
Filed under: Buying | No Comments »
Posted on May 31, 2007 by lushhome
DEAL NO DEAL DEAL NO DEAL (Property sellers keep changing minds as they hold out for more cash)
He was all set to rent a unit in a condominium in the east.
And had already agreed on the rental amount set by the owner.
Then the owner changed his mind and wanted to sell it instead.
IT consultant Ryan [...]
Filed under: Buying, Real Estate Facts & Figures, Renting, Selling | No Comments »
Posted on May 31, 2007 by lushhome
In 2001, property agent Daniel Chua, 48, was offered $1.13 million for his 1,700 sq ft terrace house in Bedok.
It was a good price, he reckoned, considering that he paid $970,000 for the place in 1998.
A similar-sized unit near his place was sold for $750,000 in 2000.
Mr Chua thought he would never be able to [...]
Filed under: Buying, Real Estate Facts & Figures, Selling | No Comments »
Posted on May 31, 2007 by lushhome
What can a buyer do when he is given the roundabout by the seller?
He can’t do anything, property agents said.
So long as the seller has not received the buyer’s cheque (with the 1 per cent option fee) and signed the option to purchase agreement, the deal is not on.
This agreement usually provides buyers with an [...]
Filed under: Buying, Real Estate Facts & Figures, Selling | No Comments »
Posted on May 14, 2007 by lushhome
Q Please advise on a checklist of important details to look out for when buying property.
A The purchase of property involves a substantial amount of money and can involve long-term financial commitment.
Thus, the most important thing is to ensure you can comfortably afford the property you’re purchasing.
Basic checklist
Affordability
A general guide is to ensure your total [...]
Filed under: Buying | No Comments »
