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21-06-2011, 01:00 PM | #1 |
Guest
Posts: n/a
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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 |
21-06-2011, 01:09 PM | #2 |
Dragon
Join Date: Nov 2006
Posts: 2,223
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wow!!! it is ex, but as compared to the dbss @ tampiness, ur is still consider cheap coz ur is a jumbo flat....
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21-06-2011, 01:21 PM | #3 |
Dragon
Join Date: Jan 2008
Posts: 504
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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. |
21-06-2011, 01:47 PM | #4 |
Arofanatic
Join Date: Jul 2005
Posts: 432
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ang mo kio where??? block?
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21-06-2011, 01:52 PM | #5 |
Endangered Dragon
Join Date: Feb 2006
Posts: 7,560
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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
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21-06-2011, 01:54 PM | #6 |
Banned
Join Date: Aug 2006
Posts: 1,147
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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. |
21-06-2011, 02:16 PM | #7 |
Guest
Posts: n/a
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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. |
21-06-2011, 02:29 PM | #8 |
Arofanatic
Join Date: Jul 2005
Posts: 339
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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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21-06-2011, 05:40 PM | #9 |
Dragon
Join Date: Jan 2007
Posts: 714
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Do take note of the CPF withdrawl limits if using for loan repayments.
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21-06-2011, 06:28 PM | #10 |
Dragon
Join Date: Jan 2001
Posts: 2,020
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how big is a Jumbo flat?
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