Asked by Joshy Paul
Hi,
I have seen an executive apartment which I really liked. Very near to MRT and Schools. House looks very nice..but not an a expensive renovation and it is quite old also including the air cons. But the house looks great and has got fantastic views from all the rooms. Lots of buyers are visiting this house and i think the cash over valuvation is going to shoot up. My question is even if I can afford and willing to give a 40K plus I want to get a rational advise on if it is really worth to pay such high COV if you have liked the house. My alternative options are 5 rooms in toapayoh which costs a lot more (520K plus).
My second question is it worth buying a 5 room,10 years old at 520 - 550 range near to toapayoh mrt. Do you think I will be able to downgrade in 15 or 20 years time with a good money in my pocket?
I have seen an executive apartment which I really liked. Very near to MRT and Schools. House looks very nice..but not an a expensive renovation and it is quite old also including the air cons. But the house looks great and has got fantastic views from all the rooms. Lots of buyers are visiting this house and i think the cash over valuvation is going to shoot up. My question is even if I can afford and willing to give a 40K plus I want to get a rational advise on if it is really worth to pay such high COV if you have liked the house. My alternative options are 5 rooms in toapayoh which costs a lot more (520K plus).
My second question is it worth buying a 5 room,10 years old at 520 - 550 range near to toapayoh mrt. Do you think I will be able to downgrade in 15 or 20 years time with a good money in my pocket?
1205 views
