Ding ding ding part two – we can haz home!!!

After months of waiting, I’m proud to announce that we are proud home owners!!!

The journey started many moons ago, first with the several unsuccessful tries at getting a new flat…  Then we went to a show flat at redhill…  Only to get even more depressed at the fact that we had been unsuccessful at getting ridiculously small flats…  I believe Jet’s first remarks were “where are we going to put the pool table?!”  I was just too shocked at the size of the place (my bedroom is bigger than the master bedroom and let’s not even get started on what they are trying to pass for a kitchen) to say anything.

After the initial shocked had passed, we decided to look at resale flats, as they had better locations, bigger floor areas and way better amenities compared to the barren lands of sengkang and punggol where most of the new estates were located… We had a really good real estate agent (give me a buzz if you want his contact! He’s a fantastic agent who gives good advice on what to look out for in a flat), and unfortunately we also learnt a new acronym – COV, also known as cash over valuation.  This was basically what the home owners wanted over and above what the house was valued at.  In the two estates we were looking at, one was completely out of our range (the range was between 80k to 100k COV), even our agent was like don’t bother… The other place was averaging between 30k to 50k, however, many of the flats were too old to be worth that much… After a few months of being unsuccessful again, we were back looking a new but small flats…

At this point we were balloting for any of the new estates regardless of location… Yes, that’s how desperate we were.. And then one day, we got an email from the housing board saying that our queue number was 233 which were really good odds… The day finally came in jan 2008 for is to go down to pick our flat and today we collected our keys!!

We still have the final leg of the journey to go… Probably the toughest bit but it’s also the most exciting bit… Renovation works, furnishing and decorating our home…


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