How it began

A few people had came to me before and told me of their “magical” experience with childbirth. They claimed that the minute they saw their bundles of creamy joy being put on their chest, they forgot all the excruciating pain and bla bla bla… dah dah dah…

I will not hesitate to tell the truth about my birthing experience too. That it was a horrific one.

I had woken up bleeding in the ungodly hours of the night and alone because D-man was away serving the army. I showered and packed my bag before hailing a cab to the hospital. Upon admitting myself, I was told that I needed an emergency c-section right away due to a complication with my placenta. As the doctor goes on to explain the procedure, I had already zoomed out and was in my mind counting the number of hours I had wasted on researching the benefits of drug-free childbirth, the time and dollars spent on pre-natal yoga, consultations with a doula etc, all just to gear up for the much raved about natural labour.

It would be pure hypocrisy to say I was not disappointed with the method of delivery. It certainly doesn’t help that everyone around you are committed advocates of natural childbirth. But did it made me any less of a mother? Hell no, and my sentiments are shared by all my loved ones.

What I am really saying is…if you kicked the kerb & tripped into the same emotional manhole of blaming yourself for a less than perfect birth experience (whatever that is), it’s ok. Just get up, swear, brush the dirt off yourself and move on. The roses and rainbow are right ahead, and will be personally delivered to you by your very own cherub

A tale of 2 properties

With all the buzz about property measures these days, where does that leave us in terms of property investment? Auntie Scroogey shall partly answer that question by telling you a tale (it’s a true story by the way) about 2 properties.

I’m sure you must have heard before, from older folks or otherwise, that when it comes to buying property, it’s all about location, location, location. Indeed, at any given point in time in the property cycle, the single largest determinant of property price is its location.

In the 1970s, there were 2 brothers who each bought a property. The older brother bought one in Nassim area, while the younger brother bought one in District 15 East Coast area. Both have roughly about same size living area, both are freehold properties, both were brand new properties at that time and both were bought at around $100,000 (which was rather substantial back then). Fast forward it to 4th quarter in 2010, the Nassim piece is worth circa $6-7 million while the East Coast property is valued at $2.5 million.

Why the drastic difference? That’s because the Nassim area is closer to town (almost in town itself). In land scarce Singapore, a good, strategic spot is almost as valuable as striking gold. In addition, the area has grown much in importance as the country progresses.

In case you’re thinking that the nearer to town it is, the higher the property price, well…… think again. A quick check with records of resale HDB transactions indicate that in 4Q2010, a 3-room HDB flat in Jalan Besar / Veerasamy Road (about 10 mins walk to Bugis MRT) transacts for low $4xx psf while over at Holland Close/Drive, the same size unit transacts at least $5xx psf during the same period, with the higher floors registering $6xx psf. Both HDB units have 2 bedrooms and 2 bathrooms.

What accounts for the difference in this case is the appeal of the location. No doubt the former is located closer to town area, it is the latter’s proximity to the upmarket, exclusive Holland estate that allows it to command a higher premium.

So if you were to invest in a property, which area would you choose considering capital gains potential, rental yield and your budget?

Sweet Pea

I absolutely not want to be one of those annoying parents who has 10 Facebook albums of their baby despite the kid being only 2 weeks old. And don’t get me talking about those mums who start and end all their conversations with “my baby..”.

But I realize it’s pretty damn hard not to share pictures as adorable as these…

What are you hiding in your cheeks sweetheart?

I’ll totally understand though if you decide never to come to this site again.

Love,
Addict

Alive, and kicking hard

It’s been quite a while. The fact that I still remember how to turn on the computer and type this is a miracle by itself.  Do forgive me though, for you see, I’ve been involved in the mega project of colossal scale.

Meet the latest member of the Peonies family!!!

In between endless feedings and diaper changes, I will try to update my beloved blog but if I don’t, you know why (especially all the mommies out there. Btw here’s a long overdue salute!).