http://www.thevillageatwellard.com.au/files/Release%2010%20prices.pdf

Hi Aly,

Prices for stage 10 have just been released…I’m sure you already have them but the link is above if you don’t….

Prices have jumped a bit. We a block facing the park at $119,000. The block next to us is going for $129,000 and it’s a little smaller. That’s the…[Read more]

I had to camp out for stage 9 – apparently it’s going to be the same for stage 10.

Stage 9 went on sale sat 9am. We got there friday morning – there were people camping there from the wed night.

It all sold out within a few hours.

BTW,

This is our second purchase here in Singapore.

Back in 2000 we bought an apartment – sold it in 2003… only made about $80,000 from that – better than nothing:)

That was a government flat though – not a private condominium.

Mei

Hi IMAC,

The condo I’m in “in the hey days” used to be rented out for $5000. Down to $2000 in the slump about 3 years ago….. now back up to $3500-$4000.

Even at $2000 – more than enough to cover interest repayments on say an $800,000 place.

Have you seen the rent they are getting at “the caribbean”….. $5000-$10,000 – depending on how many…[Read more]

Hi Brady5,

We have already bought here- bought last year – on Sentosa – they have built canals there…. not ready till end of 2006 and we have already made $200,000…..

Yes I have checked and double checked – CGT was abolished a few years back….

The condo we are in – there are no vacant units here- and I know tat to be the case in alot of…[Read more]

Hi Rumin and Ausprop,

Rumin, I will email you with a breakdown.

Ausprop, it was no hassle at all – you don’t have to claim bits and pieces back from the different people/tradesmen. Everything your property manager has organised for you – they can reimburse you the GST that was charged – then the tax office reimburses them.

Hope that helps.

Mei

Thanks Ausprop,

Will keep a look out for the development.

Mei

Hi Alysha,

We bought in at Stage 9. Prices go up every release and they seem to release stages every 5-6 weeks.

Just between stage 8-9 the same size block went up $5000 and that was in a month.

I hear they are releasing 12 stages now – but the overall plan is 30 or more stages.

Has anyone else bought into this estate?

See ya, Mei

Thanks again for your replies.

Hrrrmmm never thought about the global warming/rising water level issues. Good point.

Hi Ausprop,

Canals at Coogee. Do you know who the developers are going to be etc.

Thanks, Mei

Hi guys,

Thanks for your help.

Called the City of Swan – apparently back in 1997 they were talking about canals in Viveash but they are not going ahead now.

ummm Carnarvon – a bit too far[biggrin]

Anyone else know of any other upcoming canal developments – apart from Mandurah?

Thanks, Mei

Hi Vernon,

We are with Druitt First National in Scarborough. They are excellent.

Mei

Thanks again Redwing,

We’ll wait and see what the outcome is as well.

Mei

Hi KP,

How much are those villas going for at Club 151?

I looked on the internet but couldn’t see any prices.

We were looking at bali a couple of years ago. Let me know if you find anything good.

Mei

Btw, Our accountant has had his office set up in Singapore for the last 11 years so if offsetting the loss against the gain was not right I’m sure the the ATO would have been onto them by now…

RE: the flights – you are right – we do not claim 100% – from memory it’s about 60-70%.

Mei

Hi Foundation and Ned,

If the ATO is owed a large CG cheque from us then they would be owed cheques from about 10,000 other people as our accountant has offices in Singapore, Dubai, London and all his clients are Aussie Expats who use losses to offset CGs.I don’t think he is wrong. This is what he specializes in.

Mei

Hi Ken,

Check your Private messages!

Mei

Hi Clone,

You are right – can’t get FHOG for a block of land. I’ll rephrase my question.

If you buy a block of land under $150,000 and you are a first home buyer you do not have to pay stamp duty.

So to receive the $7000 FHPG when you build – do you have to build within a specific time period? is that period 4 years?

Does anyone know?

Thanks, Mei

Hi Clone

That’s why I’m looking for that thread to read up again. Can anyone help?

Is Clone right about the FHOG not being available for a block of land?

Thanks, Mei

Hi Redwing,

Yes, in WA.

Mei

Hi don&liz,

Tax in respect of CG is minimal here but that’s because we are permanent residents. Not sure what it would be like for overseas investors.

And yes we will be keeping the profit here

Haven’t looked at properties in Malaysia. The property market here is just coming out of a slump so may be worth looking into. Don’t think it will go…[Read more]