Resale Or DBSS

The Peak At Toa Payoh (DBSS)

The pricing for Toa Payoh DBSS is out.
Compare the prices betwen Bishan DBSS 4 rooms, the prices have
drop by 20k - 25k.

3 Rooms will be from 355K - 398K (70 Square Metre)

Indeed, DBSS flats are more expensive but looking at the bright side
everything is done and no renovation is needed unless there are certain
designs that I am fussy with :-) The price comparison between a DBSS
3 rooms and a 3 room resale flats is about 40K-50k more.

But the down side is that we got to wait till 2012 to get our flat and by
then I will be 30 years old. Not forgeting that we got to pay the 5%
in cash upon selecting the flats.

For example if the flat cost $380000; I have to pay in cash $19000

I am still considering whether to get resale flats near my parents
place at Ang Mo Kio or near dear's place at West Coast/Clementi

The Woodlands BTO results will be release by end of this month,
April. The ballot for the Woodlands flats was over demand against
the supply and I doubt we will be that lucky.

We might end up getting resale flat after much thoughts but I have
yet to speak to Gwern (The Boss and My Boss) about it. Since the
economy is down this year, this is the best time to get the property,
once the economy starts picking up, prices will start to move.

For resale flats, we get to move in early and do our renovation
and yet we got the flexibility to choose the location we want.

So as of current now, I really don know whether to get the DBSS
(it still voice down if we can get the flats after balloting) or Resale.

As what dear was telling me we go see see first for the DBSS.



© 2008 AngelineBubbles