07 June 2008

Ups and Downs


The last few days have been busy days for me. A lot of enquiries for the 3room HDB flat at Toa Payoh for Sale. I had an enquiry from a Malay family who wanted to sell their 3 room flat in Hougang and buy this one in Toa Payoh. They wanted to buy together with their daughter who is 34 years old and single. I have advised them to wait till she is 35 when she would be able to buy by herself and get a single grant of $11,000 and a top up grant of about $20,000 because her parents will stay with her. If she buys now, she has to take a loan from the bank because they are not upgrading to a 4room flat.

While we are on topic of HDB flats, valuation prices have inreased and the cash over valuation has actually come down. Which is good news for buyers!

No comments: