Bachie Boo: singapore landed

The Great Depression Ahead??

Posted by Another Boo Boo by Bachie , Monday, June 29, 2009 at Monday, June 29, 2009, in Labels: property, singapore landed

The weekend before I flew to Hong Kong, I was desperate and worried,

No, B is not having an affair.

Neither am I worried that I'll be pregnant :p

I was/am desperate because we can't seem to find a house THAT IS NOT SELLING AT 100k - 200k ABOVE BANK VALUATION.

I was/am worried because it seems THAT THE BOAT IS SAILING OFF SOON.

I hate this feeling.

I really hate it.

I wish times were more stable.

Like in 2005 when B & I got our first home.

Back then, we were desperate and worried too.

But it was a different type of stress.

We were desperate to find a home THAT WE LIKE.

We were worried THAT WE WOULD BE HOMELESS (B sold his flat then).

Now that I just returned from Hong Kong. I felt slightly relieved.

No I didn't meet any guru.

I guess having time away from all the house-hunting shit does make a difference.

I bought a book about the Great Depression Ahead by Harry Dent.

It's in Chinese so it'll take me quite a while to finish it.

Basically the writer predicts that 2009 will be a calm year and between 2010 and 2011, the economic crisis will get worse.

I'm not going to believe everything that he wrote.

I'll just read the book with a pinch of salt.

I do wish that his prediction is spot on although quite a number of readers on Amazon posted negative comments about his previous forecasts.

Buy the book if you manage to lay your hand on it.

Let me know what you think.

My Dream House

Posted by Another Boo Boo by Bachie , Saturday, May 2, 2009 at Saturday, May 02, 2009, in Labels: decor, property, singapore landed

Contrary to B's intention, I had been wanting to sell our penthouse apartment, our first matrimonial home for the longest time. Although it's a nice apartment overall, I prefer one that doesn't face the sun directly, freehold or at least 999 yrs leasehold and has a bigger living / dinning area. B and I had very little time and budget to look for a better alternative. At the time when we bought the apartment, it was our dream home indeed.

Our private roof terrace

The development

I count myself blessed that I made the right decision to sell my penthouse. The house was sold in July 2008, just before the economy went spiraling downwards. After we signed on the dotted line, we only had 4 months to find a new abode, our dream landed house. It was a really stressful period. Once again, we couldn't find any dream house within our budget. The property prices were really sky high.

In the midst of our search, we were elated on hearing the news of bad economy. This meant that the prices of properties will ease slightly or even drop massively. It kinda changed our plans.

Through God's grace, we found a lovely 3 room HDB unit at Toa Payoh and made it our temporary abode while we take own sweet time searching for our true dream house.

It's been 5 months since we last moved here. I love this apartment to bits but I know I can't stay here forever - not in the prime of my life. For now, I want to at least own our very first landed property.

We are still searching for our dream house. Until we really see one, I can only visualise it from the pictures of other dream houses. Here's how my dream house will look like...

Front view