Give unrealistic sellers the ‘shock treatment’

How to move an overpriced listing

How to move an overpriced listing (via inman.com)

By Bernice Ross (via inman.com)

There’s an old saying that it’s best to be the first born, second spouse and the third listing agent. So whose fault is it when a property doesn’t sell?

There are thousands of reasons that cause listings to expire. An agent may do everything possible and the property still doesn’t sell due to lack of activity in that price range or location. Other times, the listing agent didn’t market the property adequately, or conditions under the seller’s control prevented the sale. In almost every case, however, the reason most properties do not sell is the price.

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For Sale – 212 Serangoon Avenue 4 (HDB 5Rm)

CAN YOU IMAGINE LIVING IN THIS HOUSE?

Is it an empty house or a home full of possibilities? This 5room HDB flat is spacious, accessible, and ready to move in. All it needs is you for the finishing touches.

The 212 Serangoon Avenue 4. Welcome to your new home.

What’s Nearby:

  • Serangoon MRT (NE12 / CC13); Serangoon Bus Interchange;
  • Zhonghua Pri & Sec Sch; Peicai Sec Sch; Nanyang Junior College; St Gabriel’s Sec School; Yangzheng Pri Sch;
  • NEX Shopping Mall; ICB Shopping Centre;
  • Serangoon Stadium; Serangoon Swimming Complex; Serangoon Community Park;

For viewing, please call +65 81804135 / +65 81804136.

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BTO v Resale flat: What adds up for first-timers?

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By Rachel Au-Yong (via straitstimes.com)

The grant boost may not be enough for some, but sends a strong signal of family foundation

Young home-buyers have cheered Monday’s Budget which announced generous increases in grants for resale flats.

The enhanced Central Provident Fund Housing Grant, previously capped at $30,000, has been raised to $50,000 for first-timers who turn to the resale market for four-room and smaller flats. And it has risen from $30,000 to $40,000 for five-room and larger flats.

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Higher CPF Housing Grant: No big increase in resale market prices, say analysts

SINGAPORE: Final-year university student Belle Low has been looking to settle down with her boyfriend of four years.

So far, her search for a first home has been concentrated largely on Build-to-Order (BTO) flats. But she said the increase in the CPF Housing Grant has opened up an additional option for them: the resale market.

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