Downgrading to upgrade
What started as just some coffee talk turned into reality within the space of 2 weeks. On and off, we have been talking about moving to a bigger house so that each of the kid and Mum can have 1 room each. Beside, the current place was falling apart with leakages; faulty air con worn furniture. Also, the local neighbours have mostly moved out with more and more foreigners replacing them and the estate was getting a little too boisterous for comfort. So 2 weeks ago, while shopping for a new set of sofa, was talking with M about looking for a new place when got a sms from a friend who had recently became a property agent. One thing lead to another and soon we were viewing flats. We were horrified at the type of prices people are asking for HDB apartments especially the cash over valuation (COV) which was like $30,000 to $50,000.00. We told ourselves no hurry look see look see will do. But by a quirk of fate? there we were this afternoon looking at 2 units and both were not suitable. About...


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