PropertyInvesting.com | Penpro | Activity

Penpro replied to the topic Purchase of a unit on a master title in the forum General Property

Fri, 27 Dec 2013 21:44:36 +0000

Thanks for your response.

There is one title (which is being referred as a Master Title) for the whole block.

I wanted to buy the unit and convert it to an investment property one year down the road due to its strategic location.

As the units are not strata titled, all units would have to be sold en bloc. I intend to purchase the block, strata…[Read more]

Penpro replied to the topic Help needed on sale of property in the forum Help Needed!

Wed, 19 Sep 2012 20:41:00 +0000

Thanks Mel.

I'm planning to speak to a property stylist for options.

Penpro replied to the topic Help needed on sale of property in the forum Help Needed!

Tue, 18 Sep 2012 03:14:02 +0000

Thanks for all the advices.

The property is in a block (of 90 units) and there are > 10 units up for sale at point in time. There was not one sold during the last one year.

Numerous agents and hundreds of potential buyers have plied the block. The main setback is the floor layout which presented the property with the following issues;

-…[Read more]

Penpro replied to the topic Help needed on sale of property in the forum Help Needed!

Sun, 16 Sep 2012 11:30:56 +0000

Thanks Jamie.

I'm flexible with my price.

There ain't an offer from buyer.