Property Stories A Tale Of 2 Couples: A Good View Or $866k* Profit?

  • January 15, 2020
  • 8 min read
Join our Telegram group for instant notifications
Join Now

Ryan

Ryan is an all about numbers property guy. 1 part property consultant, 1 part writer, 2 parts numbers geek, and 3 parts Thai.

avatar
Max
Max

Thanks for sharing, but the reality is that most people can’t make that jump to condo anyway, especially if they have a family and are looking to have more children. All these costs add up. Of course, appreciation is nice, but the goodviews also couldn’t take that risk since their budget was initially set to purchase an HDB. There are many risk factors I am sure the goodviews have considered. Perhaps they should be called the conservatives instead!

Ting
Ting

I’m skeptical on the valuation of the penthouse unit at Suites @ Orchard. Because I’m guessing that it probably doesn’t take into account that this is a penthouse unit with substantial wasted space (roof terrace). Generally, the psf of a penthouse/ground floor with patio is much lower than a regular unit.

TimC
TimC

Exactly, this is not a good example at all, extremely misleading

trackback
10 Cognitive Biases That Are Affecting Your Property Purchases! - Property Blog Singapore - Stacked Homes

[…] In Ryan’s case study on two house-hunting couples, he famously referred to one of the couples as the […]

caseyaff
caseyaff

So, what’s the conclusion after all the diarrhea of words? Oh, you mean, “sometimes it works, sometimes it doesn’t, but no worries, everyone’s happy” ? Alright. Cool.

Stacked Homes
Stacked Homes

Hi there! In our article, we highlighted 2 case studies to show that there is no right and wrong – what matters is your priorities. No one, whether it’s an agent, a friend, a family member or us can tell you whether to buy for capital appreciation or buy based on your personal preferences – it’s really up to you. People can provide their opinion and options, but that’s all they are – just options. The key takeaway here is to set your priorities first – you’ll be amazed to see how many people let others decide their priorities for… Read more »

Latest Posts

international plaza bungalow
Property Picks 6 Most Interesting Homes In Singapore And Where To Find Them
October 3, 2022
Alkaff Oasis 172 entrance top view
Commentary “I’m Essentially Homeless For 15 Months Now”: New Cooling Measures Leaving Some Homeowners In A Difficult Situation
October 1, 2022
Resale condo or landed home 1
Advice We Are In Our 50s With $5m Assets & Earn $480k Per Year. Should We Keep Our Condo And Decouple Or Sell It To Purchase A Landed Home?
September 30, 2022
choa chu kang crescent 1
Commentary NEW Cooling Measures Announced: An Attempt To Cool The Hot Property Market And How It May Affect You
September 30, 2022
new launch regrets
Buying My Biggest Regrets After Buying A New Launch Condo: We Share 5 Most Common Regrets Homebuyers Have
September 29, 2022
5 Unique Freehold Walk Up Apartments Near An MRT Station
Units Of The Week 5 Unique Freehold Walk-Up Apartments Near An MRT Station
September 29, 2022
Evertonenclave 69
Interior Tour An Old 1980 Everton Park Transformation: How A Couple Achieved A Monochrome Look With A $110k Reno Budget
September 28, 2022
SkyTerrace @ Dawson Architecture 1
Commentary Why Is A Million-Dollar Flat Reasonable To Some Homeowners In 2022?
September 28, 2022
coronation road landed home skylight
Interior Inside A Coronation Road Landed Home In Singapore With An Incredible 7m High Family Hangout Space
September 27, 2022
City View @ Boon Keng DBSS
HDB Reviews City View @ Boon Keng DBSS Review: Million Dollar City Fringe Living With Great Views And Convenience
September 27, 2022
lentor modern land 2
Commentary Property Prices May Get Even More Expensive In 2023: Why New Land Betterment Charge Rates Will Affect Prices
September 26, 2022
kopiandmilktea 8
Interior A $13k Condo Renovation Breakdown: How This Creative Homeowner Self-Designed & Decorated Their 732 Sqft Home
September 24, 2022
chuan park condo
En Bloc Chuan Park En Bloc Saga: 4 Key Lessons To Learn For Future En Bloc Hopefuls
September 23, 2022
clover by the park
Advice We Make $350k Per Year And Are Both 30. Which Of These 3 Condos Is Best With Primary Schools In Mind?
September 23, 2022
HDB Executive Apartment Jan Sep 2022 Map
Resale HDB An Updated List Of 22 Executive Apartments In 2022: How Much Have Prices Increased & Where To Find Them
September 22, 2022
avoid absd legally
Investment 7 Ways To Avoid ABSD Legally In Singapore (Updated For 2022)
September 22, 2022