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How Much Cov Have You Paid?

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What's your Val? U bought new house?

Val at $450k

Bought a resale at CCK

Meetup for Kopi someday k :yamseng:

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  • conclusion : singaporeans are cash-rich ..they can afford COV , and drivers can afford COE. Leave your contact number here so i can borrow from your folks ...lol

  • from west to east..and finally we bought one in bishan

  • 6th floor, Val: 435, 1 busstop away from MRT. Is 45 COV too much?

I paid $28k COV for:

- EA corner unit @ Teck Whye

- No west sun

- 8th storey

- 3 mins walk to LRT

It was sometime in August/September. Hopes that helps.

Ermm I sold my 3rm at boon keng area with an offer of 37k COV in Jun.. Bot a 5rm at Punggol with 35k COV last mth.. E Cov are rising partly bcos of e million dollar EM loh.. Our agent fren warned us abt rise of COV to happen 1-2wks after we OTP.. Recently checked Punggol's 5rm flats n e Val plus COV rising non stop -.-"

Hi Jo'en, great to know that u hav finally decided on a 5 rm. I now recall u looking for an EM before this in HG or Serangoon area..... I believe u have given much thought n made this impt decision.... Wish u well in ur reno :)

  • Author

After 2 days of nego, finally we managed to clinch d deal of COV of 30k , 5A(133sqft) Jurong West n d valuation of 435k :) I really thankful to my agent for d sucess deal cos i heard they recvd another offer too.

Your 5A is really big! Lucky u !

Hi Jo'en, great to know that u hav finally decided on a 5 rm. I now recall u looking for an EM before this in HG or Serangoon area..... I believe u have given much thought n made this impt decision.... Wish u well in ur reno :)

Hahah.. Yes leh.. It's me.. Haaha you've got gd memory neh! We wanted to get hougang ave 10's EM but almost fainted when we saw e listings.. Alot asking like 100-100+k cov n Val I tink is alr 600k.. Few mths baq their price was 580-650k so it jumped too much.. Overall hougang n Ser increased quite alot in juz 4mths when my MOP was up.. Sooooo no choice Had to forgo n buy a smaller place.. Haa..

I paid 20k for a 3s unit with utility room at upper alijunied lane.

Val at 265k.

7 floor with unblock view at the back.

Bought in end july.

Edited by Feniz

I paid 20k for a 3s unit with utility room at upper alijunied lane.

Val at 265k.

7 floor with unblock view at the back.

Bought in end july.

I didn't realise 3S unit also need to pay so much for COV........

I didn't realise 3S unit also need to pay so much for COV........

I view ard 3 unit of 2rm flat at commonwealth area n they were asking 20k to 30k cov ard june. I offer 15k they all reject.

Crazy man. In the end i heard 1 of the 2rm flat was sold at 22k cov.

So i think 20k for a 3s is still better then 2rm. Cheapest i found was 10k for 3i n 3s super original condition. But i think for a day n when i call back it was sold within the first day of viewing. REGRET!!

The rest of the viewing for 3rm was all 18k to 30k after tat. So i settle for this 20k cov unit where i like the location n view becos IM really tire to go viewing anymore. LOL

Anyway after the 1mil unit sold at mei ling. My Agent friend told me almost all the seller went koo koo n was asking at crazy high COV. :dunno: Spill over effect?

Your 5A is really big! Lucky u !

Oh yah!! Its very spacious with a big balcolny n a L shape kitchen. Now waiting for 1st appointment in early december.

But got a lot of hacking to do.

  • Author

It's really true..thanks to the media coverage on EM..I have met many sellers who are asking for sky high COV in non prime areas that drove us looking at Bishan instead. Tired of viewing and moreover we just sold our 5rm ..so we decided to look at Bishan and paid a really high cov for the unit we really like.

It's really true..thanks to the media coverage on EM..I have met many sellers who are asking for sky high COV in non prime areas that drove us looking at Bishan instead. Tired of viewing and moreover we just sold our 5rm ..so we decided to look at Bishan and paid a really high cov for the unit we really like.

Which part of Bishan is ur EM? Which level?

The high COV in Bishan was enough to drive us away to seek other places.

  • Author

Which part of Bishan is ur EM? Which level?

The high COV in Bishan was enough to drive us away to seek other places.

st 22..mid level corner unit with small recess area.

the whole EM hunting was a roller coaster experience for us..from West areas (near my parents) to east (near in laws and future office)..the sky high asking cov from non-prime areas really a turn-off that we wouldn't want to pay that sum of money in these areas.Our offers were rejected few times (we actually offered quite reasonable abv average cov for those areas).

Feeling disappointed and tired of viewing, we then decided to look at Bishan (near hubby's office). Our agent thinks we are mad to look all over Singapore except North & Queenstown.

22k COV (thats about 5% of Valuation) for a mid-high level 5 rm flat at admiralty. Isit too high?

Sold my 5rm sengkang wif 33k cov last year. Just purchased a 4A in sin ming at 10k cov. ;)

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