Originally posted by sohguanh:
[b]The 7k will allows u to live comfortably in the condo +
own a car to bring you ard.
Unlike the condos built in the 70's or 80's nowadays condo are
built very near to public transport like MRT or bus interchanges.
Gone are the days where condos are supposedly to be built far away
from bus stops or MRT. So when you say you live in condo you MUST
have a car else how are you going to move to and fro between where
you live to where you work or study?
It seem that notion or idea are outdated. Condos are built more
closer to public transport and for some they even provide free
shuttle bus service to the nearest shopping mall and bus
interchanges.
However to get a condo and not to feed a car is quite wasteful cuz
a parking lot will be allocated to all units so if you dun have a
car may wanna consider sell it to other residents who own > 1
car
Am I rite in the above assumption? 
Btw I live in HDB if you are curious to know.[/b]
Condo mgt would not allow selling of parking lot from one
resident to another. Any other arrangement would be strictly
between residents.
From an economic point of view, condos in the outskirts are so
inexpensive that I would suggest that those of you who are
considering buying 5 rm HDb or executive apt or Mansionette to go
for condos. The price is so close!
For those who cannot afford a condo, go for resale exec condo which
comes with full condo facilities as well but much cheaper.
My advice is not to go for HDB flats just because its cheaper.
Always look at location and amenities. Is it convenient for you? A
old unit after renovation (which is so much cheaper than buy a
flat) would look as brand new.
Never take the HDB grant of $30K/$40K, unless you have already
planned NOT to get a 2nd new HDB flat any more. The resale levy
would kill off the benefits of taking the grant. Sugg: leave the
grant for you to get a smaller flat when you retire. Buying a
smaller flat with the fixed grant is more worth it than getting it
to buy a large flat.
Amt to pay for monthly HDB carpark is almost similar to paying for
monthly maintenance of a condo. Would be even better if you own 2
cars. Plus you get to have other facilities, e.g. swimming pool,
tennis court, gym, BBQ pits at yr doorstep.
