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tristesse

Mansionette Owner

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Hi tristesse,

I thk shd be fine with constructing the roof cos i see my neighbors do tat too. My EM is under reno now...

:bangwall:

I am also considering building a roof on top of the balcony but my ideal is to have a flat base over head such that I can extend some storage place from the master bed room. Any body do that before?

Can sombody please advises is this feasible? :dunno:

 

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I think COV really depends on where is your location. Yours must be somewhere q central?

I tend to be v spectical of what agent tell me. Dont forget that their aim is to see as high as possible so that their comm can be as much as possible.

If we do some calculation base on the HDB re-sale transaction site. For example Toa Payoh EM,

The EM is Toa Payoh transaction price is $435,000. With the COV is 20,000 then the total is unit price is $455,000.

This does make sense with the latest release from HDB. On average of a Executive unit in Central is $453,800 with COV is 20,000.

So if you want to know if you had pay too much or not, can go to the site and select your location and view the transaction price of it. Just a suggestion for making judgement :unsure:

 

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:(

we just bought EM last week and saw the news last night abt the HDB transacted prices and COV thingy.

:unsure:

beginning to feel that we were smoked by agent and ended up offering a much higher COV than our initial budget.

is 45k COV on the high side? :)

I think COV really depends on where is your location. Yours must be somewhere q central?

I tend to be v spectical of what agent tell me. Dont forget that their aim is to see as high as possible so that their comm can be as much as possible.

 

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The hdb press release gave an average for each sector - north, north-east, west, central, etc, which may not be so accurate for your particular block and location. E.g. Prices of execs in my area Serangoon vary significantly - $50k depending on where they are located. As long as your price is within the bell curve of transacted prices i.e. not the highest or one of the highest, I think you can derive some comfort in that.

 

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:unsure:

the last transaction was in Jun, 2k less than my purchase price, but it was on a higher floor.

i asked another independent agent, and the reply was a 'fair' purchase price.

really freaked when i saw the news and tis morning's article ... :) and the fact remains that i paid 45k COV, which compromised on my renovation budget.

 

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:)

we just bought EM last week and saw the news last night abt the HDB transacted prices and COV thingy.

:)

beginning to feel that we were smoked by agent and ended up offering a much higher COV than our initial budget.

is 45k COV on the high side? :P

 
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A big hello to all fellow EM owners!

I hope this thread is still active...

If you're all still reading this, could you let me know if any one has constructured a roof at your balcony area? Am unsure of HDB regulations on this even though I have seen some EMs in my vicinity with tiled roofs.

My fiance and I would like to extend our living area and construct a polycarbonate roof at the balcony for an al fresco dining area.

Your invaluable advice would be very much appreciated! :dunno:

Hi tristesse,

I thk shd be fine with constructing the roof cos i see my neighbors do tat too. My EM is under reno now...

8|

 
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A big hello to all fellow EM owners!

I hope this thread is still active...

If you're all still reading this, could you let me know if any one has constructured a roof at your balcony area? Am unsure of HDB regulations on this even though I have seen some EMs in my vicinity with tiled roofs.

My fiance and I would like to extend our living area and construct a polycarbonate roof at the balcony for an al fresco dining area.

Your invaluable advice would be very much appreciated! :D

 
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