Mature estate or 'birds-dun-lay-eggs-places'?
it is like the topic of the week for me.
the discussion & comparison of buying a unit in mature estate, or buying a unit in those "birds-dun-lay-eggs-places" a.k.a Punggol / Sengkang.
I asked many, and of cos, it generates many opinions, concerns and debates.
my objective here is not to prove who is right or who is wrong,
rather, to see how the 'market' really view this issue.
the hdb is selling the houses in mature estates in such sky-high prices.
there are pple who love it, and pple who hate it.
the interest for the housing loan, can be as high as 90k++ for a loan amt of 140k and for a 30yrs repayment period.
putting together the interest, the cost of the hse, the renovation, ....what is then the selling price the owners are looking at after 5 yrs or so?
and im talking abt a unit that would cost at an avg of 270k. And what abt those units bought at a price higher then this?
one fren told me, we only have 24hours a day in our lives, it is not worth it, if he has to spend like 3hrs on the road travelling to work and home.
So, these are the pple who tell me all is worth it.
yet on the other hand, pple like me and livingstone, who got a shelter in those ''birds-dun-lay-eggs-places" might think otherwise.
staying out of the town area might be a better choice for us.
like i always complain that i avoid going to town during weekends.
i prefer looking for a dining area that is out of town, secluded, and not so crowded.
i enjoy going for some retail therapy outside orchard.
the amount we paid for the hse is pretty low. at 176k for a 4-rm unit.
for a loan repayment period of 15 yrs, we shall target to redeem the hse in 10 yrs time.
we do not want to be a slave to our house.
many pple wants to travel to other countries where the living pace is slower.
even retire there.
at times, when we drove into the birds-dun-lay-eggs-places, I immediately felt a slower pace of living compared to my current estate, (which happens to be a mature mature and mature estate), maybe that means that will be a good place to retire? hmm....? we'll see....
well....like i say, there are many ways to look at certain things.
im a libra.
and i typically like to look at things in all ways i can covered.
therefore, i like to ask and listen to different pple, giving me different opinions.
judgment of this topic is subjective.
may i repeat, 'u either love it or hate it'
....just don hate me.
of cos, i will have to move in to buangkok to appreciate it even more.
afterall, i made a decision to love that place alrd.
hee......
the discussion & comparison of buying a unit in mature estate, or buying a unit in those "birds-dun-lay-eggs-places" a.k.a Punggol / Sengkang.
I asked many, and of cos, it generates many opinions, concerns and debates.
my objective here is not to prove who is right or who is wrong,
rather, to see how the 'market' really view this issue.
the hdb is selling the houses in mature estates in such sky-high prices.
there are pple who love it, and pple who hate it.
the interest for the housing loan, can be as high as 90k++ for a loan amt of 140k and for a 30yrs repayment period.
putting together the interest, the cost of the hse, the renovation, ....what is then the selling price the owners are looking at after 5 yrs or so?
and im talking abt a unit that would cost at an avg of 270k. And what abt those units bought at a price higher then this?
one fren told me, we only have 24hours a day in our lives, it is not worth it, if he has to spend like 3hrs on the road travelling to work and home.
So, these are the pple who tell me all is worth it.
yet on the other hand, pple like me and livingstone, who got a shelter in those ''birds-dun-lay-eggs-places" might think otherwise.
staying out of the town area might be a better choice for us.
like i always complain that i avoid going to town during weekends.
i prefer looking for a dining area that is out of town, secluded, and not so crowded.
i enjoy going for some retail therapy outside orchard.
the amount we paid for the hse is pretty low. at 176k for a 4-rm unit.
for a loan repayment period of 15 yrs, we shall target to redeem the hse in 10 yrs time.
we do not want to be a slave to our house.
many pple wants to travel to other countries where the living pace is slower.
even retire there.
at times, when we drove into the birds-dun-lay-eggs-places, I immediately felt a slower pace of living compared to my current estate, (which happens to be a mature mature and mature estate), maybe that means that will be a good place to retire? hmm....? we'll see....
well....like i say, there are many ways to look at certain things.
im a libra.
and i typically like to look at things in all ways i can covered.
therefore, i like to ask and listen to different pple, giving me different opinions.
judgment of this topic is subjective.
may i repeat, 'u either love it or hate it'
....just don hate me.
of cos, i will have to move in to buangkok to appreciate it even more.
afterall, i made a decision to love that place alrd.
hee......
