View Full Version : 2011 - OCR or CCR ?
kingkong1984
02-02-11, 22:54
I have not heard of any residential properties around Orchard being flooded. Have you or anybody know? Those at Paterson Road near Grange Road side & along Grange Road & Cairnhill totally unaffected by Orchard flooding as they can avoid completely the Scotts Road junction that got flooded.
I was referring to orchard road. The known flooding.
Oh I may be misunderstood you mean got Orchard properties flooded. Many places also flooded, as long as does not flood the residential properties mean no problem right?
I was referring to orchard road. The known flooding.
Regulators
02-02-11, 23:20
You mean like this: http://t0.gstatic.com/images?q=tbn:ANd9GcR4qVFPPSgB6-3wcrndzY5uG6EJd6lcvIV2F3uY-rtxj0ieFN3G
Hopefully you end with eyes open wide wide:eek: :eek:
Good to hear that. Finally, you agree with what I have been trying to convey marina bay properties are not investment grade. Only very rich people buy Marina Bay properties and they are all prepared to write off these properties. Forumers should remind themselves that they must also be prepared to write off the marina bay property if they prepare to buy marina bay properties.:D
Most of the lau chiaus here know that whether marina bay will rise or fall in value doesn't really matter to me, because I treat property as an expense and not an investment. I'm more concerned about standard and quality of life, and right now marina bay meets those needs perfectly.
You have too much angst in you; too much to prove; too negative and confrontational. Relax, enjoy life - Indonesia already dropped 20m in elevation; floods all across the world; nibiru coming 2012; riots in egypt - 5 years come and go swee swee happy already much less think about 30 years.
You 3 split heads snake, is ?:doh:
You mean like this: http://t0.gstatic.com/images?q=tbn:ANd9GcR4qVFPPSgB6-3wcrndzY5uG6EJd6lcvIV2F3uY-rtxj0ieFN3G
Hopefully you end with eyes open wide wide:eek: :eek:
Wish him luck. Orchard no more flooding.
I see ....:doh:
You 3 split heads snake, is ?:doh:
Regulators
07-02-11, 00:33
The above two messages were synchronised one immediately after the other. No doubt that teddy is melody and vice versa. Both are the same mongrel
Regulators
07-02-11, 00:42
Both melody and teddy joined on march 2nd 2009 with melody coming to start attacking people for no reason after not being in the scene for some time. Melody was created by teddy the mongrel to be used to defend his attacks as and when necessary. I do not think both their joining dates being the same is a coincidence. :doh: :doh:
Regulators
07-02-11, 00:46
I forgot to add one more, melodies is also the same as melody and teddy, these three mongrels are actually only one, all with same joining dates
I forgot to add one more, melodies is also the same as melody and teddy, these three mongrels are actually only one, all with same joining dates
wah, now the discussion is transforming into one of computer forensic nature.....:scared-5:
People join at same date coincidentally must be same person mah? We have 4D or TOTO same people strike a few times also. Are you going to question that how can it be such coincidence so difficult to strike also can strike a few times? Are you going to say TOTO company got under-table dealing? :scared-1:
Both melody and teddy joined on march 2nd 2009 with melody coming to start attacking people for no reason after not being in the scene for some time. Melody was created by teddy the mongrel to be used to defend his attacks as and when necessary. I do not think both their joining dates being the same is a coincidence. :doh: :doh:
Wah! He is multi-headed? In a previous post in the thread he started singing "Regent Heights quite impressive", he said he is an expert in science of radio waves and said that big big transmission towers has no health effect on his Regent Heights nearby. Now he is a computer forensic expert? He got multiple PhDs in a few areas? :beats-me-man:
wah, now the discussion is transforming into one of computer forensic nature.....:scared-5:
I forgot to add one more, melodies is also the same as melody and teddy, these three mongrels are actually only one, all with same joining dates
kingkong1984
07-02-11, 07:55
You have no character. That all I can say about you now.
He created threads
You created nicks
He shared his investment criteria
You shared your nonsense
He shared his decision making
You shared your up bringing
He called you a mongrel and liar
You countered with radio waves from PHD friends
You are a coward that hit in the dark and below the belt and duno when to stop attacking your own character.
proud owner
07-02-11, 07:58
You have no character. That all I can say about you now.
He created threads
You created nicks
He shared his investment criteria
You shared your nonsense
He shared his decision making
You shared your up bringing
He called you a mongrel and liar
You countered with radio waves from PHD friends
You are a coward that hit in the dark and below the belt and duno when to stop attacking your own character.
pls lah
can we stop all these nonsense ?
you are not helping .... but adding fuel
kingkong1984
07-02-11, 08:02
Ok. Listen to u. Stop replying to them.
Why so long-winded? I help you to summarize what you are trying to say:
Regulator - everything he do and said and investment view is correct, his no-moral behavior is perfectly "acceptable" to you because you said all "human beings are greedy" (you are saying that about our PM Lee and Ministers and all the MPs are also greedy? Ops! :doh:).
teddybear - everything he said is rubbish, nonsense, only here to attack Regulators and others. :rolleyes: Whatever he quoted from the news are also rubbish and nonsense, such as PM Lee said will ensure properties remain affordable especially HDBs, and in US those people living under transmission towers many get sick easily and get cancers and new borns mostly with birth-defects are all rubbish because they have been quoted by teddybear (not because the news are rubbish - if so I can become very rich just by sueing that US news media! :p).
You have no character. That all I can say about you now.
He created threads
You created nicks
He shared his investment criteria
You shared your nonsense
He shared his decision making
You shared your up bringing
He called you a mongrel and liar
You countered with radio waves from PHD friends
You are a coward that hit in the dark and below the belt and duno when to stop attacking your own character.
I forgot to add one more, melodies is also the same as melody and teddy, these three mongrels are actually only one, all with same joining dates
why would someone create multiple names jus to attack ppl? this is "BO LIAO"
stalingrad
07-02-11, 09:18
why would someone create multiple names jus to attack ppl? this is "BO LIAO"
You underestimate people's desire to win an argument at any cost, although sometimes it is meaningless to win the argument, as is in this case.
We should start another thread with no personal bashing..... This is just plain stupid.... I am actually finding it quite funny that just a simple forum can induce such anger lol...... What is a forum? It's to air views... Everyone can have their own views.... It is through robust debate that we all get different perspective and make informed choices.... If all listen to just one party's views then either all of us will be staying either incur or OCR lol....
Silly...... Please stop it and have some constructive debate so we can all make money......
just another wannabe trying so hard to make it seem he's doing better than the rut he's in. plebians will always be plebians
just another wannabe trying so hard to make it seem he's doing better than the rut he's in. plebians will always be plebians
Disagree with you on this. Sound discriminating ...:(
Plebeians can not be rich meh? Don't tell me rich is only avail for Roman hor?:2cents:
Disagree with you on this. Sound discriminating ...:(
Plebeians can not be rich meh? Don't tell me rich is only avail for Roman hor?:2cents:
one can be super rich but still be a plebian
one can be humble but still be a patrician
confucius, jesus, buddha - all lived humbly but are more than kings.
nothing to do with $$$, but upbringing and state of mind
one can be super rich but still be a plebian
one can be humble but still be a patrician
confucius, jesus, buddha - all lived humbly but are more than kings.
nothing to do with $$$, but upbringing and state of mind
Agreed and fair enough. Substance rules!;)
Regulators
07-02-11, 11:38
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
Why so long-winded? I help you to summarize what you are trying to say:
Regulator - everything he do and said and investment view is correct, his no-moral behavior is perfectly "acceptable" to you because you said all "human beings are greedy" (you are saying that about our PM Lee and Ministers and all the MPs are also greedy? Ops! :doh:).
teddybear - everything he said is rubbish, nonsense, only here to attack Regulators and others. :rolleyes: Whatever he quoted from the news are also rubbish and nonsense, such as PM Lee said will ensure properties remain affordable especially HDBs, and in US those people living under transmission towers many get sick easily and get cancers and new borns mostly with birth-defects are all rubbish because they have been quoted by teddybear (not because the news are rubbish - if so I can become very rich just by sueing that US news media! :p).
Just to remind you and for all forumers to see that all the facts about Regent Heights below have not changed while you keep insisting that suddenly after you bought RH all bad things disappeared! Really? :tongue3:
Ai yoh you don't know I am very free is it? *I have a lot of time to think and analyze & that is why when I make a prediction, it is after long & careful thoughts, otherwise how to get my predictions right so far? *Below is a summary of cons of Regent Heights - many of these cons are facts which cannot change, like no amenities, 20 mins walk to MRT station, or will not change overnight, like many Indians, phillipinos over there :
***
Quote:
Originally Posted by sfwoo
Some issues...next to mosque, OK if you need to pray there. Traffic jams heading towards PIE. FEO was developer, some people dun like them, quality of finish issues.99 years lease.
Quote:
Originally Posted by sfwoo
Once a week, on Fridays during lunchtime, traffic becomes chaotic, plus the whole month of Ramadan.*
Actually, got a lot of bargains in Hillview, mostly older developments, closer to Mindef. *
Quote:
Originally Posted by sfwoo
$700+K can get 3+1, but not near MRT, need to take shuttle bus service.*
Regent Height about 15-20 mins walk to MRT, need to clear a gentle slope, which is OK on a cool day, but SIONG on a hot day(recently a lot of hot days).
*
Around Glendale(near MINDEF), got a few older condos, can walk to future MRT near Dairy Farm, like Hillview Park, Hillview Heights, a few yrs ago I saw a few units in these 2 condos going very cheaply, less than $600 psf, I dunno what is the price now, but can try to look out, cos condos are old, and cannot ask for premium.
Quote:
Originally Posted by sfwoo
Wah, I did not expect run-down condos like Hillview Park and Hillview Heights to now ask for so much. I would give them a miss, too.
*
Walking from Regent Heights to MRT, I think 20 mins, unless forced march, but you will perspire like crazy upon arrival, only to find peak hour trains impossible to baord towards Jurong East, my record was 3 trains before I could squeeze up and it was body to body contact all the way to Jurong East, nice if it is a chio bu with nice perfume, terrible if you are up against somebody with BO.*
Quote:
Originally Posted by shoobie
Seen Regent Heights and Palm Garden yesterday. Outlook wise, prefer PG. But in term of floor layout, still prefer RH. Seems like PG has more local le, coz when we were there in RH there's a lot of Filipinos hanging around BBQing. But for PG, more locals bringing their kids for a swim and old folks hanging around the pool. So now is whether to settle for a good layout or good surroundings??:doh:
Quote:
Originally Posted by Regulators
Be extremely careful about buying Regent Heights. My friend just sold her regent heights 3 bedder and she had been living there for 10 years. The following are the list of problems:
*
1) the workmanship for the project is poor and she said that partition between certain walls are partition board and not even concrete.
2) the central heater is hidden and unreachable without hacking, a rather strange feature i thought (u need to confirm that)
3) The surrounding area is very poorly maintained and the lifts at the multi-storey carpark have been vandalised without being repaired for some time
4) Too many strange people walking in and out of the condo and you won't feel like you are living in a Singapore property
5) Go to every lift lobby and see the number of bicycles parked there and you will think twice about living there. The bicycles are messily strewn all over the place and many are rusty bicycles. We are not talking about a few bicycles here and there, we are talking about 30-40 bicycles at the lobbies, making the entire place look so cheapskate coz you see parapoondeks and mainlanders paddling to and from work everyday in their rusty 2 wheelers.
6) The last time I went there, the trees in the projects were not well-maintained as well. Sometimes dead leaves everywhere and not swept by the management.*
*
My conclusion for this project....:doh: :doh: :doh:
Quote:
Originally Posted by fooblackie
Cant agree more. Went to view RH a week ago. The facilities are really bad for a condo of only 10 yrs... the 1st thing that hit me was the carpark and lift. wah, make me think this is a 15 yrs hdb! The corridors are dark and narrow.**
the spaciousness of the units are undoubtly RH's greatest draw. unbelievable size of hall, rooms etc. But........ the units i saw are all quite badly maintained.. probably contributed by poor workmanship of dev. **
I fail to see much amenities around RH.*For asking price above 650 psf, i think this looks a risky buy in all aspects...
Quote:
Originally Posted by fooblackie
We have serious concerns with the RH development as a whole so we didnt consider. *The single entrance, car park, lifts, lots of people walking around the estate, lots of non-chinese folks, beside a mosque (traffic + noise issues) turn me off. *.
Quote:
Originally Posted by land118
Manage to find this article, interesting read:
*
http://lushhomemedia.com/2010/12/05/...s-for-729-psf/ (http://lushhomemedia.com/2010/12/05/regent-heights-unit-in-district-23-sells-for-729-psf/)
Regent Heights unit in District 23 sells for $729 psf
Posted by luxuryasiahome (http://lushhomemedia.com/author/luxuryasiahome/) on December 5, 2010 ·
Soaring above the Hillview and Bukit Batok estates in District 23, Regent Heights is one of the tallest condominium projects in the area. The 11-year-old development by Bukit Landmark Properties, a unit of Far East Organization, recently saw significant interest from HDB upgraders. (actually is 16 years old based on start of 99 years lease, not 11)
“The price in the area is still very affordable,” says DTZ realtor Eric Kang, who was negotiating deals for a couple of units in the 645-unit project last week. Dennis Wee Properties’ John Wong, a marketing agent who specialises in properties in western Singapore, agrees that the price is Regent Heights’ main selling point, noting that new launches are typically priced at more than $1,000 psf.
Wong, currently the agent for a three-bedroom ground-floor unit in the development, says interest in housing there typically comes from foreigners who work at the nearby International Business Park. “Many are Indian Permanent Residents [PRs] who first rent and then buy.” Wong adds that they are generally attracted by the growing Indian PR community and available amenities in the neighbourhood.
Kang says the condo facilities are “pretty good”.
Quote:
Originally Posted by Regulators
Crazy mongrel, still barking here and there, you got nothing better to do is it? Facts mentioned last time doesn't mean they are facts forever, some facts permanent sime facts change over time. When I mentioned that the condo wasnt well maintained, I got good news that they are going to maintain the condo soon. With regard to the bicycles , management can get it removed anytime so what is the issue. When I mentioned that funny people could be seen around the condo, I was referring to the dif tenants seen in the condo, which is good news for me coz I am buying for rental, so I don't see what the issue is. An idiot like you don't seem to get the point that things do change and the only constant is change. If you get stuck to your old ways of thinking all the time, you will always be living in the past. From your posts, you have shown everyone here that you are a very backward looking and very much what people call a one track mind. the rate you are barking everywhere in this forum, the only fact that remains is that you are a mongrel with multiple screws loose
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
Regulators
07-02-11, 13:49
The facts below don't change as well :D
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
Please provide proof for all that you mentioned. Otherwise you are liar and racist etc as you mentioned. I had already shown that you are the racists instead (highlight below for all to see CLEARLY). Now you are denying everything so you are the liar? :rolleyes:
Originally Posted by Regulators
Be extremely careful about buying Regent Heights. My friend just sold her regent heights 3 bedder and she had been living there for 10 years. The following are the list of problems:
*
1) the workmanship for the project is poor and she said that partition between certain walls are partition board and not even concrete.
2) the central heater is hidden and unreachable without hacking, a rather strange feature i thought (u need to confirm that)
3) The surrounding area is very poorly maintained and the lifts at the multi-storey carpark have been vandalised without being repaired for some time
4) Too many strange people walking in and out of the condo and you won't feel like you are living in a Singapore property
5) Go to every lift lobby and see the number of bicycles parked there and you will think twice about living there. The bicycles are messily strewn all over the place and many are rusty bicycles. We are not talking about a few bicycles here and there, we are talking about 30-40 bicycles at the lobbies, making the entire place look so cheapskate coz you see parapoondeks and mainlanders paddling to and from work everyday in their rusty 2 wheelers.
6) The last time I went there, the trees in the projects were not well-maintained as well. Sometimes dead leaves everywhere and not swept by the management.*
*
My conclusion for this project....:doh: :doh: :doh:
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
Regulators
07-02-11, 13:57
The proof is in your posting, go and read them yourself.
Please provide proof for all that you mentioned. Otherwise you ones in the list you mentioned. I had already shown that you are the racists instead (highlight below for all to see CLEARLY). Now you are denying everything so you are the liar? :rolleyes:
Regulators
07-02-11, 13:59
Since you like enlargement, here is one for you. :D
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
But all forumers here cannot see lah. :tongue3:
How to proof you are not the racist and liar when I attached your postings with words so big for everyone here to see that you are the racist and liar! :D
The proof is in your posting, go and read them yourself.
Ok you win. :doh:
Could fight people who doesn't talk reason. :tongue-fingers:
Since you like enlargement, here is one for you. :D
Regulators
07-02-11, 14:04
No need to type and retype the same thing lah, the forumers know teddybear aka melody/melodies, the two faced mongrel that look down on filipinas and indians, and also look down on people staying in units 1163sf and smaller.
Some Q and A:
(1) Is teddybear a liar? Yes.
(2) Is teddybear a racist? Yes.
(3) Is teddybear a CCR snob who calls people who live in units smaller than 1163sf DOGGIES? Yes.
(4) Is teddybear double faced in this forum? Yes
If saying the above is a no-moral behaviour, then not saying it would make everyone in this forum a saint.
bargain hunter
29-09-11, 12:18
recent 10 transactions average:
Park Infinia (1853.6psf) vs Carabelle (1019.4psf) (excludes 2 PES units)
Premium has narrowed to 81.8%. even if PES units included, premium still narrowed to 85.3% and considering PI has studio units while carabelle doesn't.
just for comparison purposes, the most recent 10 transactions average:
Park Infinia (1817.9psf) vs Carabelle (951.8psf)
The premium is similar at 91%.
personally, i like this measure the best, a showdown between stalin and teddy. :tongue3:
bargain hunter
29-09-11, 12:20
Recent last 6 transactions:
Duchess (1836.3psf) vs Carabelle (1042psf) (excludes 1 PES unit).
Premium narrowed to 76.2%.
3 months to go.
ok, just for stalin, amk and myself's hobbies:
Duchess last 6 transactions (apr to Sep 2010) average is 1708. Carabelle is 952. Premium is 79.4%.
bargain hunter
29-09-11, 12:21
Central region home prices peaked in May
But they are rising elsewhere, index shows; small home prices also climbing
By KALPANA RASHIWALA
(SINGAPORE) Prices of completed private apartments and condos (excluding small units) in the Central Region may well have peaked in May this year.
http://www.businesstimes.com.sg/mnt/media/image/launched/2011-09-29/krinus29.jpg (http://javascript<b></b>:openwindow('/local/picturepopup/0,4661,169268-260000,00.html?');)The latest numbers from NUS' Institute of Real Estate Studies may provide food for thought. They showed that the Singapore Residential Price Index (SRPI) for Central region (excluding small units) in August was down 2.08 per cent from its recent peak in May 2011. Compared with July, the index was down 0.7 per cent in August.
In contrast, the prices of such units in the Non-Central region continued to scale fresh peaks in August. The prices of small units islandwide also hit new highs.
The Central Region comprises Districts 1-4 (which includes the financial district and Sentosa Cove) as well as the traditional prime residential districts of 9-11.
Meanwhile, the Non-Central region, where mass-market private condos are located, saw SRPI rising 0.5 per cent in August compared to July. Small units islandwide posted a 3.1 per cent rise.
These two indices were also 29.5 per cent and 22.7 per cent higher in August compared with their respective pre-Global Financial Crisis peaks in January and February 2008. In contrast, SRPI Central (excluding small units) in August was one per cent below its December 2007 pre-Crisis peak.
So far this year, SRPI Central has risen just 3.2 per cent. In contrast, the Non-Central region has seen a bigger 10.5 per cent rise while Small units have gained 12.3 per cent.
Some believe that last month's increase in income ceilings for buyers of new HDB flats and executive condos will suck out some demand from mass-market private condos.
'A lot of those buyers straddling in the $10,000 to $12,000 monthly household income bracket will have a much wider choice,' a seasoned property consultant said.
Another consultant, Knight Frank executive director (residential) Wendy Tang, acknowledged that some buyers could have junked plans to buy mass market condos in favour of ECs and HDB flats. 'But ECs have eligibility conditions, and mass market condos will continue to draw interest from buyers because there are still those who aspire to live in private housing.'
The expansion of the MRT rail network would also make homes outside the Central region more attractive, she said.
Likewise, affordably-priced small apartments would attract the younger set who don't wish to live with their parents or rent a home, adds Ms Tang.
DTZ's South-east Asia chief operating officer Ong Choon Fah expects developers of mass-market condos may be less bullish on pricing, going ahead. 'We've started to see developers bidding for land at state tenders at lower prices than for nearby plots sold earlier, to give some room for pricing flexibility on their projects.
'If developers price mass-market projects realistically, the desire to buy is still very strong. There could be some diversion of interest to ECs and HDB flats, but generally there is still strong interest in mass-market private condos, which are mostly bought for owner occupation and longer-term use,' Mrs Ong added.
However, price performance for mass-market condos could be patchy, depending on location, she added. Agreeing, Ms Tang said: 'Developers of projects near MRT stations and amenities should be able to maintain their prices or even achieve price increases, unlike developers of projects located further away.'
IRES' release yesterday also gave revised SRPI values for July. The latest SRPI Small index, which covers completed non-landed private homes islandwide up to 506 sq ft, dipped 0.5 per cent month on month in July - against a 1.4 per cent rise for the month in the flash estimate released in late August. Associate Professor Lum Sau Kim of IRES said: 'Our July flash numbers are based on caveats data captured up to Aug 21. In the most recent data set that we obtained on Sept 21, we found transactions for the month of July that were captured after Aug 21. These later caveats showed negative price change and as such, the revised July SRPI Small unit subindex was revised downwards.'
Prof Lum also explained that SRPI Small unit subindex is not computed based on transactions of small units only. 'Rather the SRPI methodology works on an intuitive principle: that the price change of any unit in our basket is based on the price changes observed for all other units in our sample. The degree of influence of any particular transaction depends on the degree of comparability of the units along a few dimensions such as size and location... Another feature of the SRPI is that our methodology also accounts for volume and the spatial distribution of price signals.'
The revised SRPI Central (excluding small units) for July dipped 1.3 per cent month on month, while the index for Non-Central region (excluding small units) rose one per cent.
It is very obvious with so many new projects being launched in the OCR togther with the CMs.
bargain hunter
29-09-11, 14:10
OCR is leading at this point and looks like will win the 2011 race.
It is very obvious with so many new projects being launched in the OCR togther with the CMs.
rattydrama
29-09-11, 15:09
Very likely OCR will win and anyone who had bought OCR in the last one year should be happy.
I think we will also see some jumps in RCR.
stalingrad
29-09-11, 15:33
Recent last 6 transactions:
Duchess (1836.3psf) vs Carabelle (1042psf) (excludes 1 PES unit).
Premium narrowed to 76.2%.
3 months to go.
both will drop in the next 3 months. but more so for Duchess R.
Recent last 6 transactions:
Duchess (1836.3psf) vs Carabelle (1042psf) (excludes 1 PES unit).
Premium narrowed to 76.2%.
3 months to go.
How about removing carabelle small units ? DR are all 3bds I believe. And removing PI small units also. Fairer. ;)
devilplate
29-09-11, 20:31
How about removing carabelle small units ? DR are all 3bds I believe. And removing PI small units also. Fairer. ;)
Mustnt remove
We r toking abt margin....from the start oredi based on same configurafion of the units
bargain hunter
29-09-11, 20:43
not really fair also because having 2 and 3 bedders at carabelle (and most condos) is normal.
DR want to be smart and market as exclusive and sell at high psf at the same time right?
besides, DR our was just for our KPO interest, just for fun. Carabelle vs PI was what we had thought would be a fairer comparison all along.
How about removing carabelle small units ? DR are all 3bds I believe. And removing PI small units also. Fairer. ;)
Exactly because of the various configuration, such compare is statistically not a fair gauge no matter what. What I see is, all practically did not move.
In fact I found something interesting. In carabelle, the last transaction is a 1292sqft unit at 968 psf, in Jan 11 the same type 1292 also traded at 968. For PI, the last transaction is a 1130 sqft unit at 1750, in Jan 11 the same type 1130 also traded at 1750. Practically speaking, for the whole yr of 2011 so far, the price did not move at all. Very likely because of Jan CM4. and these 2 projects TOPed about the same time long ago, the initial jump is over. Pretty much reflected what resale market is now.
DR is a diff story, as it just TOP, it gets that TOP jump just like most other projects.
Just check, DR last is a 1464 at 1800. End of 2010 before TOP the same 1464 was at 1700.
For me personally I watch the trend in the same project on the same type to see the pattern. Look at the sail, the psf can be off by 500 on the same floor. So cannot just take an average one
bargain hunter
29-09-11, 22:20
i agree with you for what you said below, prices are quite unchanged. :ashamed1:
but this was just a game of averages (which actually ranges a whole year since there are not many resale transactions) which we started last year, so just stick to it for the fun of it lor.
and DR "benefit" from the TOP effect. but we can't bring in the sail here. same floor but facing is totally different. face bay or face another office building, totally different psf lor even if same floor.
Exactly because of the various configuration, such compare is statistically not a fair gauge no matter what. What I see is, all practically did not move.
In fact I found something interesting. In carabelle, the last transaction is a 1292sqft unit at 968 psf, in Jan 11 the same type 1292 also traded at 968. For PI, the last transaction is a 1130 sqft unit at 1750, in Jan 11 the same type 1130 also traded at 1750. Practically speaking, for the whole yr of 2011 so far, the price did not move at all. Very likely because of Jan CM4. and these 2 projects TOPed about the same time long ago, the initial jump is over. Pretty much reflected what resale market is now.
DR is a diff story, as it just TOP, it gets that TOP jump just like most other projects.
bargain hunter
30-09-11, 13:21
aiyoh, just as we were discussing DR yesterday, today a NEW LOW psf (2 year low) caveat has been lodged:
$4,879,875 3003 sq ft 1625psf (either #01-02 or #01-20)
Just check, DR last is a 1464 at 1800. End of 2010 before TOP the same 1464 was at 1700.
For me personally I watch the trend in the same project on the same type to see the pattern. Look at the sail, the psf can be off by 500 on the same floor. So cannot just take an average one
aiyoh, just as we were discussing DR yesterday, today a NEW LOW psf (2 year low) caveat has been lodged:
$4,879,875 3003 sq ft 1625psf (either #01-02 or #01-20)
this is the ground unit UOL managed to sell last month, not a resale. 4.8M I think like 10% less than what he sold to others in 2007
aiyoh, just as we were discussing DR yesterday, today a NEW LOW psf (2 year low) caveat has been lodged:
$4,879,875 3003 sq ft 1625psf (either #01-02 or #01-20)
This is like super big unit by today's standard. Not sure if it's fair to compare to a normal 1500sf kinda of psf.
devilplate
30-09-11, 23:15
This is like super big unit by today's standard. Not sure if it's fair to compare to a normal 1500sf kinda of psf.
Again we r toking about margin
bargain hunter
01-10-11, 00:10
oh what's new? they sold at 1680 in jan then the buyer chickened out right? now chop to 1625. then later this buyer back out, next buyer chop to 1572psf? :ashamed1:
no hor, 1625 is 10% lower than the LOWEST VVIP (dun include kelong friends of Wee) buyer in 2007 at 1800psf. i still have the old caveats. some of the same ground floor units were sold at 2000psf and above. CONFIRMED! :simmering:
this is the ground unit UOL managed to sell last month, not a resale. 4.8M I think like 10% less than what he sold to others in 2007
bargain hunter
01-10-11, 00:22
then in 2010 when i was saying its unfair not to compare size and slamming Reporter about emphasising only record psf, how come nobody stepped out to say anything about size matters? :ashamed1:
This is like super big unit by today's standard. Not sure if it's fair to compare to a normal 1500sf kinda of psf.
devilplate
01-10-11, 00:30
then in 2010 when i was saying its unfair not to compare size and slamming Reporter about emphasising only record psf, how come nobody stepped out to say anything about size matters? :ashamed1:
Bcoz now there is a competition going on rite?
Can tell who support wat liao rite? Hehe
bargain hunter
01-10-11, 00:34
aiyo just a game lah, so serious?
anyway competition is more like carabelle vs park infinia lor.
DR is just for me to poke fun at becoz till this day i m still amazed that for a 5 storey project, psf can range from 1500 to 2300psf in a matter of days. :D
Bcoz now there is a competition going on rite?
Can tell who support wat liao rite? Hehe
then in 2010 when i was saying its unfair not to compare size and slamming Reporter about emphasising only record psf, how come nobody stepped out to say anything about size matters? :ashamed1:
just a random though i have when i saw the huge huge size.sorry i missed that post. i would have support the size vs quantum issue.
aiyo just a game lah, so serious?
anyway competition is more like carabelle vs park infinia lor.
DR is just for me to poke fun at becoz till this day i m still amazed that for a 5 storey project, psf can range from 1500 to 2300psf in a matter of days. :D
Not just a game, Stalin bet $100 on the outcome. But till now dont know who his counterparty is.
bargain hunter
01-10-11, 11:27
think u haven't joined the forum yet then. ;)
indeed size is huge and i agree that a lower psf is necessary in today's market. its amazing that in in 2007 such units were sold by UOL at similar or even higher psf than the 1464 sq ft 3 bedders isn't it? :scared-4:
the best part is they market these garden mansionettes as unique and as though they were the star attraction of this project, thus, should command a premium!
just a random though i have when i saw the huge huge size.sorry i missed that post. i would have support the size vs quantum issue.
aiyo just a game lah, so serious?
anyway competition is more like carabelle vs park infinia lor.
DR is just for me to poke fun at becoz till this day i m still amazed that for a 5 storey project, psf can range from 1500 to 2300psf in a matter of days. :D
I'm guessing the ground floor unit includes a large PES, carparking lots. So the built-in area is much much smaller. Cannot compare on psf basis with units above.:tsk-tsk:
bargain hunter
02-10-11, 10:01
its not lah. the pes is not huge at all. just that absolute size of the unit is. :) like i said, in 2007, uol sold these units at or above the smallest sized 1464 sq ft 3 bedroom units. who says cannot compare on psf basis?
I'm guessing the ground floor unit includes a large PES, carparking lots. So the built-in area is much much smaller. Cannot compare on psf basis with units above.:tsk-tsk:
bargain hunter
08-10-11, 20:27
http://www.propertyguru.com.sg/listing/5000433/for-rent-duchess-residences
desperate until rent out rooms to students? if this place is turning into a hostel, how to be upmarket?
http://www.propertyguru.com.sg/listing/5000433/for-rent-duchess-residences
desperate until rent out rooms to students? if this place is turning into a hostel, how to be upmarket?
Bro don't mind me ask y rent to student very low market ? Student can afford 2500 for a room also very power leh. Some adults pay also don't have 2500 wor
devilplate
08-10-11, 22:53
Bro don't mind me ask y rent to student very low market ? Student can afford 2500 for a room also very power leh. Some adults pay also don't have 2500 wor
2.5k can rent a mm liao....y rent a room?:rolleyes:
If they bring their friends to the clubhouse for a wild party, good luck to the residents.
bargain hunter
09-10-11, 00:16
kane and devilplate's points are valid.
besides, i don't believe any student will fork out 2.5k to rent a room.
the way the ad is structured, i get the feeling that its not 1 student per room lor. ie owner does not mind if 2 or maybe more students squeeze into 1 room and owner wants to rent out 2 rooms! if the trend catches on wihtin the development, it will be bad practice.
Bro don't mind me ask y rent to student very low market ? Student can afford 2500 for a room also very power leh. Some adults pay also don't have 2500 wor
You'll soon see duchess residences on tripadvisor.com as the top service apartment in Singapore perhaps! They just need to throw in in-house spa services, by the pool or in your own room.
Bro don't mind me ask y rent to student very low market ? Student can afford 2500 for a room also very power leh. Some adults pay also don't have 2500 wor
well, the owner is offering breakfast and dinner,maybe laundry also.
i think the owner is willing to act as guardiang/sponsor for the primary school students from overseas. Like from Indonesia perhaps.
That's why he is charging 2500 per room per student.
Not any Tom, Dick, Harry overseas students from PRC.
Back in 80s, guardianship per student is like 700-800 per month in HDB.
Can even have additiona l income by giving them tuition like English if they are chinese from china. Hostel in HCI will be much cheaper.
well, the owner is offering breakfast and dinner,maybe laundry also.
i think the owner is willing to act as guardiang/sponsor for the primary school students from overseas. Like from Indonesia perhaps.
That's why he is charging 2500 per room per student.
Not any Tom, Dick, Harry overseas students from PRC.
Back in 80s, guardianship per student is like 700-800 per month in HDB.
Hey bargain hunter, u really follow this duchess residences daily do you ? ;) I thought Stalingrad is the one that really has the interest but would not want to admit ;)
2.5k can rent a mm liao....y rent a room?:rolleyes:
Niche marketing food n logding provided. I think Hwa Chong is just beside the development right? Sounds like good rental if got that kind of mkt. 2 rm 5k wor. Every day cook salmon steak for the student.
well, the owner is offering breakfast and dinner,maybe laundry also.
i think the owner is willing to act as guardiang/sponsor for the primary school students from overseas. Like from Indonesia perhaps.
That's why he is charging 2500 per room per student.
Not any Tom, Dick, Harry overseas students from PRC.
Back in 80s, guardianship per student is like 700-800 per month in HDB.
Is the owner married with family living under the same roof? Quite unusual for a owner to want to wash tenants' laundry. Sounds fishy.
bargain hunter
09-10-11, 19:23
no leh. i was bored, simply queried by lowest rental for 2011 projects completed in D9,10 and 11 on propertyguru. voila, duchess showed up. found it interesting so posted it up lor.
remember that i still find uol's very obscene price discrepancy in 2007 very disgusting? so i will take every opportunity to slam it, i will. but only duchess resi lah. dunno why. :ashamed1: i m not anti ccr, only anti duchess resi. :tongue3:
Hey bargain hunter, u really follow this duchess residences daily do you ? ;) I thought Stalingrad is the one that really has the interest but would not want to admit ;)
bargain hunter
09-10-11, 19:26
chances are its an old couple who bot it for investment in 2007 but got stuck with a huge mortgage payment? desperately need the 5k a month to cover the payment to avoid mortgagee sale?
Is the owner married with family living under the same roof? Quite unusual for a owner to want to wash tenants' laundry. Sounds fishy.
Seems like MRT effect will have big impact on rental demand and thus appreciation potential even in CCR.
Seems like MRT effect will have big impact on rental demand and thus appreciation potential even in CCR.
Whatever R, if there's a new station nearby, it'll be a boost for the prices of housing nearby.
Is the owner married with family living under the same roof? Quite unusual for a owner to want to wash tenants' laundry. Sounds fishy.This is basic requirement for some guardianship services. Also, the owner need not soil their hands to wash or iron the clothes. The domestic helper will usually do the job. Nothing fishy lah! :D
so far who is leading ah, CB or DR? 3 more months b4 2011ends.
bargain hunter
10-10-11, 08:20
as per the posts 1 week ago:
http://forums.condosingapore.com/showpost.php?p=192957&postcount=784
http://forums.condosingapore.com/showpost.php?p=192956&postcount=783
CB maintaining a lead over both DR and PI.
so far who is leading ah, CB or DR? 3 more months b4 2011ends.
i m not anti ccr, only anti duchess resi. :tongue3: no lah u r only anti Wee & Co. lah ;)
UOL projects ok what. Southbank, One Amber, Regency Suites, One North etc all make profit for the buyer. Look at One Amber, TOP time so many complaints abt finishing/quality and such. Now all owners smiling.
bargain hunter
10-10-11, 16:11
used to be. then i give u face. as u said, all those u mentioned below were priced ok. even more recent waterbank, regency @ tiong bahru or the earlier twin regency also ok. :)
BUT duchess no, so continue to be anti duchess. hahahaha
and spottiswoode resi also. buyers will also find it hard to make money. but at least the directors din buy at significant discount to VVIP buyers rite? seems like duchess was the only project that they did so leh. that's why i so anti. :ashamed1:
no lah u r only anti Wee & Co. lah ;)
UOL projects ok what. Southbank, One Amber, Regency Suites, One North etc all make profit for the buyer. Look at One Amber, TOP time so many complaints abt finishing/quality and such. Now all owners smiling.
Duchess Residences wins property*award
by luxuryasiahome October 12, 2011
UOL Group said yesterday that its high-end condominium project in Bukit Timah, Duchess Residences, has won the inaugural FIABCI Singapore Property Awards 2011 in the Residential (low rise) category organised by the International Real Estate Federation here. UOL has previously won four international FIABCI awards. The FIABCI Singapore Property Awards judges individual properties in terms of design, aesthetics, functionality, and contribution to the built environment and community.
Source : Today – 12 Oct 2011
BH interesting news
bargain hunter
12-10-11, 21:53
hee its well built i agree. just don't like the obscene 20% discout that the kelong pple got. :)
Duchess Residences wins property*award
by luxuryasiahome October 12, 2011
UOL Group said yesterday that its high-end condominium project in Bukit Timah, Duchess Residences, has won the inaugural FIABCI Singapore Property Awards 2011 in the Residential (low rise) category organised by the International Real Estate Federation here. UOL has previously won four international FIABCI awards. The FIABCI Singapore Property Awards judges individual properties in terms of design, aesthetics, functionality, and contribution to the built environment and community.
Source : Today – 12 Oct 2011
BH interesting news
award is given, just hope the owners don't turn it into a hostel.
bargain hunter
16-12-11, 19:44
as per amk's request:
recent 10 transactions average:
Park Infinia (1827.3psf) vs Carabelle (1033.8psf) (excludes 2 PES units)
Park Infinia (1827.3psf) vs Carabelle (1025.6psf) (including all PES units)
Premium narrows even further to 76.8% and 78.2% respectively! Carabelle wins hands down vs Park Infinia in 2011.
recent 10 transactions average:
Park Infinia (1853.6psf) vs Carabelle (1019.4psf) (excludes 2 PES units)
Premium has narrowed to 81.8%. even if PES units included, premium still narrowed to 85.3% and considering PI has studio units while carabelle doesn't.
bargain hunter
16-12-11, 19:54
Last 6 transactions:
Duchess Residences (1825.2psf) vs Carabelle (1051.3psf)
Premium narrows further to 73.6%!
even if take out garden mansionette for duchess residences since amk shout kelong the last time:
Duchess Residences (1854.3psf) vs Carabelle (1051.3psf)
Premium maintained at its 9 month lead of 76.4%, still lower than a year ago. Carabelle wins for 2011.
Recent last 6 transactions:
Duchess (1836.3psf) vs Carabelle (1042psf) (excludes 1 PES unit).
Premium narrowed to 76.2%.
3 months to go.
Thanks bargain hunter :)
Where is Stalingrad ? Your condo wins ha ha ha ! But still over 70% premium, your dream of buying duchess will have to wait another yr... R u still a foreigner ? ;)
Btw looks like every time when CCR starts to move, CM comes ;) last yearend CDL sold its trevose condo at 2200psf like hotcake, then immediately came CM4; this time round, must be SC Global's 6000 psf annoys KBW..
bargain hunter
16-12-11, 22:55
but SC global's 1 unit records are not significant at all.
Thanks bargain hunter :)
Where is Stalingrad ? Your condo wins ha ha ha ! But still over 70% premium, your dream of buying duchess will have to wait another yr... R u still a foreigner ? ;)
Btw looks like every time when CCR starts to move, CM comes ;) last yearend CDL sold its trevose condo at 2200psf like hotcake, then immediately came CM4; this time round, must be SC Global's 6000 psf annoys KBW..
CCR siao liao lah..
Rental market to be more active in 2012: DTZ
By CARINE LEE
The rental market in Singapore is expected to be more active in 2012, as foreigners choose renting over purchasing their home, said DTZ on Thursday.
'Foreigners who have to pay the additional buyer's stamp duty (ABSD) may now turn to the rental market instead of buying an apartment or condominium,' said Margaret Thean, DTZ's residential executive director.
At present, rental demand for suburban condominiums have seen an increase due to the increasing number of foreign professionals without the huge housing allowances previously accorded to expatriates working in Singapore.
In 2011, condominiums in the suburban areas posting the greatest increase of 8.9 per cent year-on-year, while rental growth of luxury condominiums was the slowest with a 1.3 per cent growth on a year-on-year basis.
Time to review how this thread started... :)
It's a year.... how time flies....
Now it's time to close this thread...
Which bring me this proposal:-
Let’s revisit this CCR versus OCR debate in a year’s time. Let’s use URA’s index as gauge. The current index for CCR 3rdQ 2010 is 198, for OCR 3rdQ 2010 is 174.6. Let’s see where the index stands for 4thQ 2011 (so it’s in more than 1 year’s time). Let’s see which region registers the greater percentage increment. (hopefully it’s an increment, otherwise we all cry together)
Personally, I see more upside in the CCR. That’s what I am betting on….
Game?:
Latest URA's index
CCR 3rdQ 2010 = 198. CCR 4thQ 2011 = 210.5 % increase 6.3%
OCR 3rdQ 2010 = 174.6. OCR 4thQ 2011 = 191.9 % increase 9.9%
OK.... OCR wins....:(
Time to review how this thread started... :)
It's a year.... how time flies....
Now it's time to close this thread...
Latest URA's index
CCR 3rdQ 2010 = 198. CCR 4thQ 2011 = 210.5 % increase 6.3%
OCR 3rdQ 2010 = 174.6. OCR 4thQ 2011 = 191.9 % increase 9.9%
OK.... OCR wins....:(
Will be interesting to see what happen in 2012.
Analyst is saying CCR prices will drop more than OCR....
stalingrad
28-01-12, 08:06
Time to review how this thread started... :)
It's a year.... how time flies....
Now it's time to close this thread...
Latest URA's index
CCR 3rdQ 2010 = 198. CCR 4thQ 2011 = 210.5 % increase 6.3%
OCR 3rdQ 2010 = 174.6. OCR 4thQ 2011 = 191.9 % increase 9.9%
OK.... OCR wins....:(
I believe the difference in performance is bigger than the official statistics suggest. the CCR numbers are based on very few transactions. basically, there are no buyers for CCR properties at the asking prices.
Wild Falcon
28-01-12, 11:01
OCR wins again.
It is obvious with so many new launches in OCR. and OCR is much larger than CCR.
Jonathan0503
28-01-12, 11:33
Any chances for CCR to catch up?
flagship74
28-01-12, 11:35
Any chances for CCR to catch up?
Ma..be:beats-me-man:
No issue with 999LH and FH developments in CCR. Can wait for long-term recovery.
I believe the difference in performance is bigger than the official statistics suggest. the CCR numbers are based on very few transactions. basically, there are no buyers for CCR properties at the asking prices.
Yea sure. ;)
The last px of your carabelle is 10## psf in Sep 11
The last px of your favorite D10 project duchess residence is 19## psf in Oct 11.
;)
It is obvious with so many new launches in OCR. and OCR is much larger than CCR.
It's the percentage price increase, not so much the many new launches. In fact, with so much supply in OCR compared to CCR, it goes against the grain of conventional economic theory that prices should come down. Guess demand far outstrips the supply. With HDB prices at an all time high, what can one expect?
Developers are selling new ideas that capture the mass market buyers' interest. They are paying something that will be realised in 3-4years time. Many buying hopes and hoping it will go up then. Unfortunately the percentage increase is high now but not sure in 3-4 years time.
It's the percentage price increase, not so much the many new launches. In fact, with so much supply in OCR compared to CCR, it goes against the grain of conventional economic theory that prices should come down. Guess demand far outstrips the supply. With HDB prices at an all time high, what can one expect?
Demand for OCR is predominantly from locals...
Price increase will be capped by the income of middle income white collar workers in sin....
While CCR properties have a wider catchment... Including foreign demand...
Yes it might be more volatile, but the upside is not capped as the rich Asians and to a lesser extent Europeans and americans will snap it up when the see that the market is turning bullish...
This is just my view....
stalingrad
28-01-12, 15:48
Yea sure. ;)
The last px of your carabelle is 10## psf in Sep 11
The last px of your favorite D10 project duchess residence is 19## psf in Oct 11.
;)
we are running out of units to sell. basically this project is fully occupied and no one is selling.
btw, more than 400 units are for sale at soleil.
stalingrad
28-01-12, 15:50
Demand for OCR is predominantly from locals...
Price increase will be capped by the income of middle income white collar workers in sin....
While CCR properties have a wider catchment... Including foreign demand...
Yes it might be more volatile, but the upside is not capped as the rich Asians and to a lesser extent Europeans and americans will snap it up when the see that the market is turning bullish...
This is just my view....
but the PRC people have to pay 10% more. So they have been totally turned off.
but the PRC people have to pay 10% more. So they have been totally turned off.
U do realize KBW saved ur bet, do you ? ;)
There can be 2 scenarios,
1) gov purposely stops buyings of pty by ABSD, giving it time to massively build up the supply ( to compensate the severe undersupply in the past ), once the big supply are on line, such punitive ABSD will be removed, and market will be back to its equilibrium, CCR pties will continue to be sought after by the rich, price of this segment, as another member put it, has no limit. Anything less than 2000psf will be considered cheap.
2) a seismic shift of PAP's government. Going to the left, populist. To get rich via pty investment is sinful. ABSD will not only stay, but even be strengthened. E.g. No PR allowed to buy HDB. No renting is allowed for HDB. Etc. Pty market in SG will be tightly controlled, no more upside. CAPL to be nationalized and renamed Singapore Condominum Development Board, and build BTO "condos" for all citizens. :D every one will be happy, LHL will get a landslide in next GE.
Could the OCR data been twisted with the large number of MMs with high $/sqft.:confused: Look at all of FEO's "Sohos"
There are less MMs launched in the CCR last year right?:beats-me-man:
but the PRC people have to pay 10% more. So they have been totally turned off.
I agree... But when the measures are ultimately lift ormwhen the rich foreigners get used to ABSD then they will buy again...
The key point here is that there is much bigger buying power in CCR as compared to OCR hence there is a limit to how high ocr prices can go....
I agree... But when the measures are ultimately lift ormwhen the rich foreigners get used to ABSD then they will buy again...
The key point here is that there is much bigger buying power in CCR as compared to OCR hence there is a limit to how high ocr prices can go....
But the world's well heeled can also choose to invest their money elsewhere instead of Singapore. CCR is not competing with OCR, but the likes of HK, Dubai, Tokyo, New York, London and so many other places. So, there is a limit to CCR prices too.
But the world's well heeled can also choose to invest their money elsewhere instead of Singapore. CCR is not competing with OCR, but the likes of HK, Dubai, Toyko, New York, London and so many other places. So, there is a limit to CCR prices too.
Good point, i agree
Alan Shearer
29-01-12, 10:02
I don't agree.
Inevitably there will be a very real and dire shortage of land here and it is not too far away.
CCR norm will be 10k psf +++ within ten years.:scared-1:
HK = Poor air quality
London = Pounds have devalue quite a bit. Not sure about future
Tokyo = Earthquake
Dubai = Sand Storm
New York = Debt Crisis
Singapore = ...
Jonathan0503
29-01-12, 11:04
But the world's well heeled can also choose to invest their money elsewhere instead of Singapore. CCR is not competing with OCR, but the likes of HK, Dubai, Tokyo, New York, London and so many other places. So, there is a limit to CCR prices too.
But if you compare singapore ccr prices with major cities like london, new york, hong kong, there's still quite a big gap right?
But if you compare singapore ccr prices with major cities like london, new york, hong kong, there's still quite a big gap right?
I think most of you have missed the point.
He/She is trying to point out the fact that our CCR prices are not independent of property prices in other major cities.
HK = Poor air quality
London = Pounds have devalue quite a bit. Not sure about future
Tokyo = Earthquake
Dubai = Sand Storm
New York = Debt Crisis
Singapore = ...
Singapore is very vulnerable to global economic health and also a growing resentment among the younger generations.
Yah lor, that is why need to please them with 10% ABSD for foreigners and 3% ABSD for PRs buying 2nd properties!
I suggest everybody don't buy CCR property! ZERO transaction! Then, CCR will become cheaper than OCR! :p That stalinungrad will be super happy! :hell-hath-no-fury:
The same should apply to HDB flats! People should just despice all HDB flats falling in CCR & RCR regions! Make them drop to ZERO transaction! Then, CCR & RCR HDB flats will become cheaper than OCR! :D
Singapore is very vulnerable to global economic health and also a growing resentment among the younger generations.
Two very important criteria are Singapore has a stable garment and dollar.
Singapore is very vulnerable to global economic health and also a growing resentment among the younger generations.
Two very important criteria are Singapore has a stable garment and dollar.
Our government is getting shaky.
Not that bad. I meant frequent changing of ruling party.
Our government is getting shaky.
But if you compare singapore ccr prices with major cities like london, new york, hong kong, there's still quite a big gap right?
Don't assume that Singapore is at the centre of the world. In The Economists ranking of the World's most livable cities, Singapore is not even in the top 10. In the World's most expensive cities for expatriate employees, Singapore is ranked 8, and is the 3rd most expensive in Asia Pacific after Tokyo and Osaka.
The World doesn't owe Singapore a living. Funny how some of you think Singapore is so good, stable gahmen and all, but always be the first to condemn the gahmen over MRT breakdowns, salaries etc.
Some comments:
1. If Singapore is not attractive, gov don't need to introduce 10% ABSD for foreigners liao loh! Gov believe that Singapore is too attractive to these foreigners and hence need to pre-empt? They said already see huge funds flowing into Singapore? :scared-3:
2. The line colored in red is 1 group of people, usually the well-off and the rich, they don't take public transport lah, and they set other people's salaries (as well as theirs - in this case must be high-high lah!).
3. The line colored in blue is the working class, and also those who hate the foreigners and don't understand why foreigners want to come to Singapore and make their salaries cheap, over-crowd the public transport, and others make their coveted CCR properties so expensive for them to afford that everyday they have to sing CCR drop to same or even cheaper than OCR? :doh::p
Don't assume that Singapore is at the centre of the world. In The Economists ranking of the World's most livable cities, Singapore is not even in the top 10. In the World's most expensive cities for expatriate employees, Singapore is ranked 8, and is the 3rd most expensive in Asia Pacific after Tokyo and Osaka.
The World doesn't owe Singapore a living. Funny how some of you think Singapore is so good, stable gahmen and all, but always be the first to condemn the gahmen over MRT breakdowns, salaries etc.
Some comments:
1. If Singapore is not attractive, gov don't need to introduce 10% ABSD for foreigners liao loh! Gov believe that Singapore is too attractive to these foreigners and hence need to pre-empt? They said already see huge funds flowing into Singapore? :scared-3:
2. The line colored in red is 1 group of people, usually the well-off and the rich.
3. The line colored in blue is the working class, and also those who hate the foreigners and don't understand why foreigners want to come to Singapore and make their coveted CCR properties so expensive for them to afford that everyday they have to sing CCR drop to same or even cheaper than OCR? :doh::p
Singapore Gahmen doesn't want foreigners to dabble in OCR properties and make them unaffordable to locals. The ABSD was introduced after a drastic rise in foreigners, mainly PRCs buying OCR properties. Unfortunately, it hurt CCR more than OCR.
Don't assume that Singapore is at the centre of the world. In The Economists ranking of the World's most livable cities, Singapore is not even in the top 10. In the World's most expensive cities for expatriate employees, Singapore is ranked 8, and is the 3rd most expensive in Asia Pacific after Tokyo and Osaka.
The World doesn't owe Singapore a living. Funny how some of you think Singapore is so good, stable gahmen and all, but always be the first to condemn the gahmen over MRT breakdowns, salaries etc.
True. We should be too complacent.
Singapore Gahmen doesn't want foreigners to dabble in OCR properties and make them unaffordable to locals. The ABSD was introduced after a drastic rise in foreigners, mainly PRCs buying OCR properties. Unfortunately, it hurt CCR more than OCR.
Or suggest govment set up zones? CCR no ABSD n OCR have ABSD? More targeted?
Singapore Gahmen doesn't want foreigners to dabble in OCR properties and make them unaffordable to locals. The ABSD was introduced after a drastic rise in foreigners, mainly PRCs buying OCR properties. Unfortunately, it hurt CCR more than OCR.
That why I propose...
Apply ABSD on properties prices lower than 1.5m and outside of district .... 1 -4, 9-11, 15
So if the foreigners wants to compete with singaporeans, then they will have to pay ABSD.
That why I propose...
Apply ABSD on properties prices lower than 1.5m and outside of district .... 1 -4, 9-11, 15
So if the foreigners wants to compete with singaporeans, then they will have to pay ABSD.
Haha the Republican types will accuse you of class warfare. :D
Already happening in Singapore....
all these CMs are socialism anyway... so might as well make it more targeted..
As I said before, people can say new centre in OCR etc etc, got MRT can already, very fast, faster than driving (only true from their OCR place?). Now MRT down for >10 hours, they how? They can take bus? No more direct bus service lei? Also take hours (that is why need MRT mah). :doh:
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Title : Thousands affected by NEL train disruption By :
Date : 15 March 2012 1655 hrs (SST) URL : http://www.channelnewsasia.com/stories/singaporelocalnews/view/1189179/1/.html
SINGAPORE: Thousands of commuters in Singapore woke up to another major train service disruption on Thursday, this time on the North East Line.
Services between HarbourFront and Dhoby Ghaut stations were stopped early Thursday after a maintenance check uncovered two snapped power cables.
The problem was resolved at around 1pm. However, when operator SBS Transit tried running the whole system again, it uncovered an electrical insulation problem.
Services finally resumed at 4.35pm, some 10 hours after the disruption. An estimated 90,000 commuters were affected by the breakdown.
Operator SBS Transit said it discovered at about 5am that overhead power cables just south of the Outram station had snapped.
SBS Transit started repair work immediately, but as extensive work had to be done, normal service operations at the five stations between Dhoby Ghaut and HarbourFront had to be disrupted.
It was the peak hour morning rush and there was a sense of urgency in the air.
Instead of a smooth ride to their destination, thousands found themselves disembarking at Dhoby Ghaut station.
By 9am, long snaking lines had formed, as affected commuters switched to the free shuttle buses provided.
Signs were put up around the station to guide commuters. Staff and "goodwill ambassadors" were also deployed to guide commuters to the free buses.
At any one time, there were at least five buses awaiting passengers.
It was a similar situation at HarbourFront station.
Most commuters told Channel NewsAsia that they heard about the breakdown from in-station and train announcements or from social media updates. But most of them said the best way to notify them is through SMS alerts on mobile phones.
Transport Minister Lui Tuck Yew was at the Dhoby Ghaut station to assess the situation.
Speaking to Channel NewsAsia, Mr Lui said that although SBS Transit managed to handle the situation in an orderly manner with frequent bridging bus services, commuters were not aware that they could make use of normal bus services which were also free.
In January, Mr Lui told Parliament that the Land Transport Authority (LTA) is working with transport operators SMRT and SBS Transit to allow free travel on bus services that serve MRT stations where train services are disrupted.
The arrangement applies across both operators so that affected commuters can continue their journey on either operator's bus services for free, regardless of which MRT line is disrupted.
During Thursday's disruption, commuters could travel on either SBS Transit's 124 or SMRT's 190 services for free.
But Mr Lui observed that very few commuters were aware of this.
"Not many people were rushing to board those buses at all. So we need to do a better job to make sure that people know that there are other services that are also free that will help them to get to their destinations just as quickly," he said.
Meanwhile, SBS Transit's senior vice president for Corporate Communications, Ms Tammy Tan, apologised to all affected commuters and thanked them for their patience and understanding.
The North East Line is a 20-kilometre track with 16 stations which are all underground.
The line was opened on 20 June 2003 and is the first fully-automated heavy-rail system.
Unlike other lines which are powered by a third rail, the driver-less trains of the North East Line are powered by overhead catenary, which is a system of overhead cables.
The cables supply electricity to the trains.
The last major breakdown of the North East Line was in July 2006, which lasted some seven hours.
This was due to the loss of traction power resulting from the cut of electricity supply to the trains.
- CNA/cc/ir
Things will be back to normal because government is pumping in money to restore the infrastructure into working condition (while the private operators pocket their operation profit).
The money to re-condition and upgrade the private transport infrastructure (MRT, buses etc) will come from the public, and that includes you and me.
The latest news is government will build a bus deport and "rent" the facility/land to the bus companies at a token sum...
NorthernStar
16-03-12, 07:53
As I said before, people can say new centre in OCR etc etc, got MRT can already, very fast, faster than driving (only true from their OCR place?). Now MRT down for >10 hours, they how? They can take bus? No more direct bus service lei? Also take hours (that is why need MRT mah). :doh:
Do you notice that most of the major breakdown happened in the near city area? Whoever live in either in city or suburban, will be affected if they hv to travel ard downtown area.
LTA has to find out the root-cause of this. Is it possible that there are many underground construction in these area and somehow interrupt the electric or electronic of the operation?
felicia_sg
16-03-12, 08:05
Why should tax payees' money be used to provide infrastructure to private companies for them to make more profit? If they failed to provide good service, shouldn't they be the one forced to come out with the money to improve the service? They are providing lousy service by cutting costs to make obscene profit & now we are told that we pay to improve their service? :doh:
Things will be back to normal because government is pumping in money to restore the infrastructure into working condition (while the private operators pocket their operation profit).
The money to re-condition and upgrade the private transport infrastructure (MRT, buses etc) will come from the public, and that includes you and me.
The latest news is government will build a bus deport and "rent" the facility/land to the bus companies at a token sum...
Eldenfirefly
16-03-12, 17:46
Wonder how it will be like this year for the CCR vs OCR price index. So far, demand and action all definitely on the OCR side.
phantom_opera
17-03-12, 00:18
as long as HDB resale price continues to move up slowly, OCR will be elevated automatically
CASA MERAH TANAH MERAH KECHIL AVENUE Apartment 1 1,410,000 1,249 Strata 1,129psf Mar-12
COE has breached $82k for Cat B. Still have some room for condos near MRT station to move upwards.
COE has breached $82k for Cat B. Still have some room for condos near MRT station to move upwards.
what if COE reaches 100k, what's your projection then?
what if COE reaches 100k, what's your projection then?
Upwards by probably another 5-10% in 1-2 years' time. Those frustrated by high COE prices will have to switch back to MRT/buses. Taxi charges should be going up quite soon.
Go invest in malaysian properties and apply for the M2H scheme to buy a malaysian reg car and use in Singapore.
Upwards by probably another 5-10% in 1-2 years' time. Those frustrated by high COE prices will have to switch back to MRT/buses. Taxi charges should be going up quite soon.
Upwards by probably another 5-10% in 1-2 years' time. Those frustrated by high COE prices will have to switch back to MRT/buses. Taxi charges should be going up quite soon.
i have no projections for property price but i think COE will hit 100k before the end of the year.
Go invest in malaysian properties and apply for the M2H scheme to buy a malaysian reg car and use in Singapore.
I think it is a fad to invest there. I have read many pp got burnt in e end. My malaysian colleagues wld rather stay in Singapore HDB. They know something instinctively we dont know abt.
devilplate
21-03-12, 23:30
COE has breached $82k for Cat B. Still have some room for condos near MRT station to move upwards.
Dun make any sense to me leh....ppty big quantum....move up just bcoz of 80k COE? Prolly only makes 5xxkmm near mrt inch up abit lor....Dun forget still can get 90% car loan....its negligible in terms of downpayment increase
Tt's how I read it, I might b wrong. The full impact of high COE is not felt yet as most of us r in e SGA-SJZ era of low COE. The taxi companies have not fully priced in new taxis COEs. Rem traffic congestion is getting worse. Pp will pay a higher premium for direct MRT access, esp those who stay in OCR.
i have no projections for property price but i think COE will hit 100k before the end of the year.
No need to think. Confirmed will hit $100K as I have mentioned before. COE Supply is now front loaded up to July 2012 with 1.5% growth. After July, growth cut to 0.5% which means supply will be halved.
COE go up another $20K only. Condos near MRT now already $500K difference. $500K difference can buy BMW 7 series at $100K COE with spare change somemore.
Simple back of envelope estimation:
Assuming increase of $24k COE within 1 year: $24,000/10 years /12 months = $200 per month
For 35 years loan = $200 x 12 x 35 = $84,000 premium, and this is the short term impact of COE price on 2/3 bedroom property price near MRT station.
devilplate
22-03-12, 12:10
Simple back of envelope estimation:
Assuming increase of $24k COE within 1 year: $24,000/10 years /12 months = $200 per month
For 35 years loan = $200 x 12 x 35 = $84,000 premium, and this is the short term impact of COE price on 2/3 bedroom property price near MRT station.
Dun anyhow humtam leh :p
Dun anyhow humtam leh :p
My estimates are conservative ;) I hope I'm wrong. Let's wait for COE to hit $100k next year and watch the impact.
The COE scenario is a prelude of the property in 20-30 years' time. Government is releasing a lot of land to reduce price increase. This is similar to the government releasing a lot of COEs several years ago that kept COE prices artificially low. Now it is running into physical constraint and had to reduce supplies. By then when the population booms, the government will be hard-pressed to find land to release. Any pte enbloc or SERS will be very costly. Despite our perception of crazy prices now, I think our property is still relaively cheap.
devilplate
22-03-12, 12:22
For ocr ppty, oredi cap by netizens liao.....EC pricing very limited upside....can only slowly creep up wif income.....if not u noe wat the netizens will do again
Den for ccr/rcr, capped by cm5.....
Ppty is just hopeless for now....
Come here tcss still can la....wakakaka
For ocr ppty, oredi cap by netizens liao.....EC pricing very limited upside....can only slowly creep up wif income.....if not u noe wat the netizens will do again
Den for ccr/rcr, capped by cm5.....
Ppty is just hopeless for now....
Come here tcss still can la....wakakaka
I still have some hopes for those near MRT. But I'm out of Vit M now. Okay, just TCSS here.
My estimates are conservative ;) I hope I'm wrong. Let's wait for COE to hit $100k next year and watch the impact.
The COE scenario is a prelude of the property in 20-30 years' time. Government is releasing a lot of land to reduce price increase. This is similar to the government releasing a lot of COEs several years ago that kept COE prices artificially low. Now it is running into physical constraint and had to reduce supplies. By then when the population booms, the government will be hard-pressed to find land to release. Any pte enbloc or SERS will be very costly. Despite our perception of crazy prices now, I think our property is still relaively cheap.
Intriguing view...
Simple back of envelope estimation:
Assuming increase of $24k COE within 1 year: $24,000/10 years /12 months = $200 per month
For 35 years loan = $200 x 12 x 35 = $84,000 premium, and this is the short term impact of COE price on 2/3 bedroom property price near MRT station.
u can't just pass the cost of a car to mrt leh. different feel to drive and take mrt.
Simple back of envelope estimation:
Assuming increase of $24k COE within 1 year: $24,000/10 years /12 months = $200 per month
For 35 years loan = $200 x 12 x 35 = $84,000 premium, and this is the short term impact of COE price on 2/3 bedroom property price near MRT station.
Dun understand why you use 10 years for cars and 35 years for house?:beats-me-man:
Anyway, if you cannot afford the $100K COE, you probably cannot afford a condo near MRT as well at the current prices.
My estimates are conservative ;) I hope I'm wrong. Let's wait for COE to hit $100k next year and watch the impact.
The COE scenario is a prelude of the property in 20-30 years' time. Government is releasing a lot of land to reduce price increase. This is similar to the government releasing a lot of COEs several years ago that kept COE prices artificially low. Now it is running into physical constraint and had to reduce supplies. By then when the population booms, the government will be hard-pressed to find land to release. Any pte enbloc or SERS will be very costly. Despite our perception of crazy prices now, I think our property is still relaively cheap.
MBT said Spore has lots of land. I believe him. Punggol/SengKang still got lots of land. Yishun Ave 7/Khatib, currently SAF training land slated for housing in the future if necessary, Choa Chu Kang, Kranji..lots there. Plus many SERs, collective sales for redevelopment...:)
MBT said Spore has lots of land. I believe him. Punggol/SengKang still got lots of land. Yishun Ave 7/Khatib, currently SAF training land slated for housing in the future if necessary, Choa Chu Kang, Kranji..lots there. Plus many SERs, collective sales for redevelopment...:)
Maybe Lim Chu Kang plots of cemeteries will be exhumed too?
Good one ...LOL
Anyway, if you cannot afford the $100K COE, you probably cannot afford a condo near MRT as well at the current prices.
Good one ...LOL
You forget that property can leverage 5 times but with much lower interest% than car loan.
Yes Car loan can take 90% but many expenses are involved not just the initial $100k. A primary school student can do the math for you to compute total expenses of a vehicle.
You forget that property can leverage 5 times but with much lower interest% than car loan.
Yes Car loan can take 90% but many expenses are involved not just the initial $100k. A primary school student can do the math for you to compute total expenses of a vehicle.
Hmm.. you definitely a bachelor who doesn't believe in owning cars..hehe
Hmm.. you definitely a bachelor who doesn't believe in owning cars..hehe
Heh i'm a bachelor but car gonna hit 10 years old soon
u can't just pass the cost of a car to mrt leh. different feel to drive and take mrt.
I'm estimating driving force for price increase by translating the additional premium of owning a car to staying closer a transport node. It is a significant positive number.
devilplate
23-03-12, 10:52
I'm estimating driving force for price increase by translating the additional premium of owning a car to staying closer a transport node. It is a significant positive number.
how about the intangible benefits of driving vs sardine packed and prone to breakdown MRT
u only hamtum the tangible portion.....it will make more sense and more applicable for resale HDB near MRT....but not so for PC(mabe MMs )
how about the intangible benefits of driving vs sardine packed and prone to breakdown MRT
u only hamtum the tangible portion.....it will make more sense and more applicable for resale HDB near MRT....but not so for PC(mabe MMs )
LTA is intervening the operation and maintenance of MRT. The Minister is now directly in charge. You can be assured millions of tax payers money will be pumped into the MRT infrastructure in the next few years to make it better.
I'm estimating driving force for price increase by translating the additional premium of owning a car to staying closer a transport node. It is a significant positive number.
But then hor.. you see so many expensive MRT condos oso got many car owners wat. They dun give up their cars oso. Like Devil said, the HDBs near MRT will shoot up instead. Buyers of PCs near MRT buy becos of perceived good location, hence price appreciation in future. Not really becos car price go up and then buy near MRT to take public transport.
felicia_sg
23-03-12, 12:52
Ok I say for my generation: if I live near MRT, I can save on car expenses, so can pay more for the property + benefit of better price appreciation + easier to sell in future, regardless of HDB or PC.
But then hor.. you see so many expensive MRT condos oso got many car owners wat. They dun give up their cars oso. Like Devil said, the HDBs near MRT will shoot up instead. Buyers of PCs near MRT buy becos of perceived good location, hence price appreciation in future. Not really becos car price go up and then buy near MRT to take public transport.
Ok I say for my generation: if I live near MRT, I can save on car expenses, so can pay more for the property + benefit of better price appreciation + easier to sell in future, regardless of HDB or PC.
Ok lah.. Get married, have kids, take MRT/bus for everything. Then see whether need car anot. Unless you intend to remain single or married with no kids.
Ai yah ...wife cannot walk ...stay near MRT also sure drive.
Go marketing sure complain "hand break" if have to carry bags to the cab stand.
Girlfriend more worse - cannot afford car, why I go out with you. No wheels, no honey...
Ok lah.. Get married, have kids, take MRT/bus for everything. Then see whether need car anot. Unless you intend to remain single or married with no kids.
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