Seriously, whether or not $375k is worthwhile to pay will definitely includes your intangible values you get to benefit from purchasing the unit. Since it is a well renovated unit, and if you have no intentions to renovate further, you may perhaps find out how much does it typically cost for renovating a 3NG unit and work backwards from that figure against the transacted numbers within the precinct. Most importantly the price range should be within affordability for you instead of requiring to stretch financially. Your immediate risk is at most $1500 for the deposit you pay to the owner and various administrative costs to get the valuation done. If valuation turns out much lower than the transacted price (high COV applicable in such scenario), you simply abort the transaction and lose the deposit.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Claim your free home report today at http://bit.ly/ClaimFreeReport.
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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