Real Estate

jetta SG

I was buoyed by today’s headline, that days of double digit growth are over for my area. Since we got here, we’ve been in two minds about staying put or moving. When prices started softening, we were lucky and managed to get a foot in the door. I hear so much about the US market, I’m curious about real estate in other countries. What are prices like where you are?

littlestream SG

No sign of softening even with interest rates hike. Alberta has the highest increase. Prices soar by 55%.

Ah, wait ah, jetta. I just returned from a birthday lunch. Very hot leh. Let me get myself organized first okay? Wink But on top of my head, are the above info lah. Wink

jetta SG

You must be equity rich. *envy* What kind of architecture's popular there? I kinda like the spanish hacienda look but they come at a price.

Fatum SG

I still cannot get over the fact that most houses in north america's built of wood .... Laughing

Meia Gisborn SG

I was wondering about that when I first moved here... and subsequently discovered that there were a number of practical considerations to go with wood construction in residential structures:

1. Lumber is a readily-available raw material in the North American continent and is obtainable in a wide selection of grades to suit various construction applications (e.g., hardwoods for structural framing, softer woods for interior trim).

2. It is significantly more expensive and time-consuming to frame a residential structure out of concrete (though concrete is often used in the foundation of the structure).

3. Wood is lighter and less expensive to transport. Major structural components can be assembed off-site and then transported piecemeal to the construction site.

4. The interior portions of the North American continent experience wide temperature swings during the year, and concrete has significantly poorer insulation properties vis-a-vis wood.

jetta SG

What I can't get used to is the lack of sound insulation. Mad Mad Mad