3 Answers

Aaron Chong
Hi Jane

You do have to wait further as it has already happened. Some prime districts are asking for cov less than 50k. I brought a buyer to a unit at Marine Terrace and the cov asking is only 20k, where most of the past units in that area are transacted with cov of between 60 to 100k.

Pls feel free to let me know if you need any assistance.

Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More

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Jason Nai
Hi Jane
Buying a resale HDB is very different from buying a resale condo as the condition can vary greatly between the units. The estates that you have mentioned are matured estates in good locations. These are deemed as hot properties. It is highly unlikely that they will be selling below valuation. Look for value rather than look for price when considering a unit. I have seen buyers pay $120k COV for a unit which has $200k in renovation.
There are buyers who paid $50 COV for a unit which they need to spend another $80k in renovation. If you need an experience real estate agent to assist you in finding your dream home. Feel free to call me at 9382-8484. Warm Regards Jason Nai - Assistant Division Director - ERA Read More

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Geryl Lim
Hi Jane, It is interesting to note that prices have indeed dropped, however how far will this phenomenon go is anybody's guess. Purchasing a HDB in my opinion should not be treated as any form of investment but due to your own housing needs. Serious sellers are also adjusting their prices with the news release such that they are able to find the right buyer and move on to their next plan, therefore it is advisable to put in your best price to offer for a unit that is suitable for you and of right value in your opinion. It still takes a willing seller and willing buyer for a transaction to happen. If you do not have the need to purchase now, perhaps you may wish to wait for further movement to the price, however, just be prepared that it may rebound at any point of time. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. I would like to thank more than 120 of you who have took out your precious time in attending the original Landed Homes Sales Exhibition on 7 & 8 September. 1 unit was sold with 4 units reserved over this 2 day event. Do look forward to our next edition. Register with me if you are keen. Read More

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