2010-03-25

New Home?

Still not concrete plan regarding moving to or rent out when it's ready.

We did think of selling our exisiting 1507sqft,4B-R,and move to a smaller 2+1 unit,in older,more spacious estate.

Viewed a 1281,2+1 unit at Dairy Farm Esate few weeks ago. Asking price is about $1.1m.

Typical 20yr old condo layout, walk into a spacious dining room, a few steps down is the equally spacious living room.but it has afternoon sun! The agent said over the phone " It has a bit of afternoon sun diagonally at the balcony"...how not true!

Masterbedroom is quite spacious but the 2nd bedroom is rather small for B1 n B2 to share.

The esate has a mini-mart, a cafe,a Jap restaurant and a hair salon. The "basement" car park is actually on the ground level.

We didn't view anymore after this. As we find that even if we could sell current place at $800k+, the new one we get might be smaller yet more expensive. The newer deveopment's 2BR might be $500k+-$600k+,but it's going to be less than 1000sqft!

So our new possible plan is to move to new place for only a few weeks, while renovating our current place, then rent out the new place.

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