Quick Advice on COV Value
Hey guys,
What do you think of a $140k COV for a jumbo flat in AMK? Valuation at $660K, selling at $800k... Seems like COV are very high still... :( Regards, Steven |
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willing buyer, willing seller bro.
Alot of crazy seller just jack up in-order to "negotiate" down to a reasonable selling price. |
ang mo kio where??? block?
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Depends on the interior? Is it newly renovated without the need for you to do any more reno...$140k is really on the super-duper high side though :o
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140k can get you a BNIB A3 Sportsback liao.
http://www.sgcarmart.com/new_cars/ne...?CarCode=10772 Or an used evo http://www.sgcarmart.com/used_cars/i...182423&DL=2275 or even a lotus esprit http://www.sgcarmart.com/used_cars/i...182205&DL=1000 with lots of spare change. :p |
More information
I am a newbie, this would be my second flat if I buy. I need to upgrade because I stay in a 3rm flat. The family is growing.
I cannot move out of blk 416 - 420 (AMK Ave 10) as I need my in-law's help with the kids. This flat's reno is so-so. But at least it looks like "ONE" flat instead of two units of 3rm flat. Would need reno still I guess. I will have to sell of my 3rm flat to buy that and I will probably have to find another $50k hard cash. :( Restart my HDB loan again, but our CPF portion is espected to cover the monthly repayments. I know it is all about feeling but no harm asking about it for your general advice. I do not think I can stay in a car though. |
How's the sales and transacted price of neighbouring jumbo units over these 2 yrs? You might like to use that to mark a guage and ngeotiate the COV.
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Do take note of the CPF withdrawl limits if using for loan repayments.
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how big is a Jumbo flat?
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