House viewing (5)

Last tuesday, viewed 1 unit at Toa Payoh. Level 22, owner selling because they are migrating. After viewing so many units, this unit is the only 5-room point block unit that I liked the most. However, the owner wanted $430K and they had not done their valuation.

We had seen another unit on the 13th level few days back and that unit's valuation was $365K. So my agent and us felt that this unit's valuation should be slightly higher because of the higer floor. However, even if the valuation was say $380K we still had to fork out $50K in cash and renovation cost of another $30K to $50K. EXPENSIVE CAN.................Take into consideration 'discount' from the owner of maybe $10K...STILL VERY EXPENSIVE LOR...

Sigh shall wait for the outcome of the balloting of Punggol and Sengkang on 21st Dec.

Another bad news, found out that ALL the available 5 room units in Punggol were repurchased units. And HDB would not allow us to view the flats before purchase. I knew this rule existed long ago but being a consumer now, I felt the impact. So, I called up and asked why there were such a rule; hoping that I could get some logical and intelligent answers to let my heart and mind RIP. But guess what??!! The customer service officer said 'Oh! it would not be possible for us logistically to cater manpower for house viewing.' Hello!! I was like, buy vegetable also can choose buy house cannot choose, and because of such a lame reason? Not enough manpower? Should that not be the HDB's problem? HELLO?!

Anyway I had written in to HDB to voice my displeasure and asked them if they could give a better explaination on this ruling. I am eagerly waiting for their reply man...

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