0909Singapore real estate, housing, condo apartment "You got
Tenant" ad by AsiaHomes
Properties shown in this report are for sale to foreigners.
Pictures of Wing On Life Gardens
Foreigners can buy.
Jewel of Balmoral.
Image of the master bedroom of The Jewel of Balmoral maisonette penthouse with panoramic
city and greenery views. Selling $3.1 million. Contact: firstname.lastname@example.org or tel: +65 9668 6468.
Wing On Life Garden, 335 Bukit Timah Road, 18 years old, freehold 81 unit
condo. Premises and facilities upgraded in 1997. Some individual units have had
been renovated and are very spacious.
4-bedroom 301 - 359 sq. m
Penthouse 643, 655, 707 sq. m
Impressive visitor's atrium flanked by water features.
Swimming pool with a large area to entertain guests,
children's pool, tennis court, 24-hour security, BBQ area, covered car park, gym
of good size, squash court and in-house management. Big playground.
Units facing the main road may get traffic noise but overall, the floor spaces are
spacious and this is a low density one-block condo with excellent views of
greenery on higher floors.
A 5-10 minute drive to Orchard Road or Suntec City/Raffles Place.
WING ON LIFE GARDEN, above 20 floors. Dining area in background, kitchen on left,
bedrooms on right.
"You are damn crazy! Your ang mo (Singaporean term for Caucasian) is serious or
not? You shaved off half a million dollars from the selling price and you want me to
give this offer to the Owner? I am in a depressed state."
Realtor Valerie's disgust over the mobile phone was palpable on this hot and humid
"There were only 2 sales transacted for District 10, freehold Wing On Life Garden in
2000. $2.9 million and $2.65 million for the approximately 301-307 sq. m apartment
on January and April 2000." I said.
As it takes 3 months for caveats to be lodged, any transaction done from June 2000 would
not be available in September yet. Unfortunately, the valuers tend to undervalue
when there are only 2 transactions. and for loan purposes, the valuation price is
Of course, acting as a
Buyer's broker, I try to get him the best lowest possible price.
It was a miracle that I could find the magic words to get him to offer $3 million
when he had just been in Singapore for 48 hours.
He wanted to wait till Saturday and Sunday had passed and to decide on Monday. That
meant a danger period for me as he would be checking out with other realtors and finding
"The transacted units may be unrenovated and on low floors. This unit is
on a very high floor (Wing On Garden has 28 levels and this unit is above 20 floors) and
had undergone $400,000 renovations with no expenses spared."
Clear unblocked greenery from the large balconies all round. Specially imported pale
yellow bamboo wood were crafted into the floor of the bedrooms. Greyish green slate
tiles in the dining area.
The light yellow marble tiles in the living area makes it look bigger and the view from
here is just lush green trees and some buildings in the horizon. No traffic noise.
A tropical tranquility of blackness and some building lights when viewed at night.
Light yellow sandstone tiles for the bathroom walls stand out in contrast against the
pitch black granite tiles. The kitchen has the modern metallic hob with an
extractor fan for the hood and a metallic wall above the kitchen counter. A
built in wine cooler with lots of chocolate too.
The balcony of the kitchen is walled off from the dining area and the views of
Shangri-la Hotel and city views were beautiful at night.
The stainless steel metallic sinks in the bathroom add a touch of class, although surgeons
will have seen them in operating rooms.
There was also the unique beige type of cereal "wall paper". It is not
your typical type of wall paper as it felt like many cotton fibres weaved in pattern and
glued onto the wall. You will not find it in ordinary apartments.
The brown louvered sliding doors behind the glass sliding doors to provide privacy
(actually redundant in this very high floor) and to let the breezes into the living area
balcony were much appreciated by the American prospective buyer. It seems to be the
in-thing seen in the upscale Nassim Jade and the Glencaird Residence and in Europe
"Is the selling price non-negotiable?"
I asked Valerie.
"In negotiations, is there such thing as a counter offer if both parties are bona
She had earlier told the American that the condo was "not on the market".
But don't expect him to believe that. He is in the Asia Pacific sales and marketing
Reluctantly Valerie decided to make the long distance call to the Owner.
It was a relief to me as some realtors seem to take low offers as a waste of time and
curse me. See:
Can you read the mind
of the Owner, exasperated rental realtor?
Life in a quiet residential sales market is extremely difficult and it is likely that you
will not be the exclusive marketing agent for the Owner.
As a buyer's broker, I have my own
competitors. Just to get a prospective buyer to offer is not easy for me as there
are so many choices for him and so many realtors willing to show him anything.
In this case, I have had somehow just found the right words to make the ang mo give an
offer at the door-step of his serviced apartment. I had done my part just to get him
to make an offer. No matter how ridiculously low it is to you, it starts a dialogue
going with the Seller.
Now it is up to you.
An offer is just the beginning of a long process. There should be counter offers.
Give the Owner any genuine offer. If you have a good case of comparative market analysis
and can write a good report, you may be able to sell at a counter offer.
Your income depends on closure. Try not to have negative thoughts overwhelm your
Go deep sea fishing or take a break if you reach that stage when an offer is not
appreciated. Or get out of the business.
Surfers renting out units:
You got tenant?
If not, place an affordable targeted asiahomes.com
internet ad for $13.50 for 90 days, not just one day as in the newspaper. Asiahomes
Internet's focus on Singapore housing attract many rental realtors.
Many realtors are disgusted with low offers and just give up. Do remember: An offer
is better than no offer. This case was closed within the next 24 hours. This is an
educational article for first-time realtor of Asia USA Realty supported by AsiaHomes Internet