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dh
28-01-11, 19:05
Just passby the condo site beside Yishun sapphire / emerald along Canberra dr. The signage is out, Check this out.

Www.8courtyards.com

azeoprop
28-01-11, 19:55
Thanks for the info! Hopefully the price will be right for me. :)

sh
28-01-11, 19:57
Thanks for the info! Hopefully the price will be right for me. :)

It's by FEO.... you think?:scared-2:

dh
28-01-11, 20:18
U r most welcome, staying nearby thus keeping close watch on development in this vicinity.

kingkong1984
28-01-11, 21:29
Haha, name already tell u it's 8xx Psf and above

kane
28-01-11, 21:40
the company name is always the giveaway. lol.

Wee Boon
28-01-11, 22:29
Thanks for the info! Hopefully the price will be right for me. :)

Yup thanks for the info.
Should be high floor project, more units possible price alittle lower ??? good luck ;)

mantrix
29-01-11, 06:51
Sounds like Courtyard by Marriott - budget hotel...

But I guess is more exclusive and unique than Yishun Topaz / Ruby / Onyx :D

hyenergix
29-01-11, 08:08
Lousy location and price. The EC Canopy is way better if you are eligible.

http://www.propertyguru.com.sg/listing/3061573/for-sale-8-courtyards

kingkong1984
29-01-11, 08:25
Must look at site plan, should have 8 court yards. Appealing to PRC market.
Bamboo theme, got koi pond and Chinese garden. My guess.
http://www.booking.com/hotel/cn/courtyard7.en.html?aid=311088;label=courtyard7-LDiwg589eGN8lPpBVPvEIwS3385535853;ws=&gclid=CNC90Nqg3qYCFYd66wodej5y6g

Wee Boon
29-01-11, 10:01
Must look at site plan, should have 8 court yards. Appealing to PRC market.
Bamboo theme, got koi pond and Chinese garden. My guess.
http://www.booking.com/hotel/cn/courtyard7.en.html?aid=311088;label=courtyard7-LDiwg589eGN8lPpBVPvEIwS3385535853;ws=&gclid=CNC90Nqg3qYCFYd66wodej5y6g

May be got some sort of 8 trigrams design to boost good feng shui ??? Huat ah!!!! :p

rattydrama
29-01-11, 15:45
Just passby the condo site beside Yishun sapphire / emerald along Canberra dr. The signage is out, Check this out.

Www.8courtyards.com

the link dont have anything to see leh??:cool: quite like the name. sounds exclusive. But dont like the location. Or "Imperial lodge"?

dh
08-03-11, 07:59
Just received the brochure along the driveway from DWG. Check this out.

dh
08-03-11, 08:34
Indicative price range mentioned: 800 - 900 range

mantrix
08-03-11, 08:38
Indicative price range mentioned: 800 - 900 range

If there are 1 bedders this may be first development in far north to breach the 1K psf mark...

dh
08-03-11, 08:51
Here's the breakdown:

Type Unit Sqft
1 br - 30x 448-681
2 br - 161x 754-1125
3 br compact - 121x 959-1393
3 br - 270x 1083-1470
3 br dual key - 14x 1216-1553
4 br - 42x 1341-1775
4 br dual key - 14x 1561-2032
4 br ph - 2x 1900
shop - 2x tbc

mantrix
08-03-11, 11:25
Here's the breakdown:

Type Unit Sqft
1 br - 30x 448-681
2 br - 161x 754-1125
3 br compact - 121x 959-1393
3 br - 270x 1083-1470
3 br dual key - 14x 1216-1553
4 br - 42x 1341-1775
4 br dual key - 14x 1561-2032
4 br ph - 2x 1900
shop - 2x tbc

i really think high floor good facing 1 bedders will breach the 1K psf and make history!! :scared-4::scared-4::scared-4:

devilplate
08-03-11, 11:49
i really think high floor good facing 1 bedders will breach the 1K psf and make history!! :scared-4::scared-4::scared-4:

nothing great to shout about even if it break 1kpsf? unless 3bedder hit 1kpsf....den really :scared-1:

1bedder only 448sqft....easily break 1kpsf ....confirm one la.....:sleep:

shd be 10xx to 11xxpsf for the 1bedders....cud be more....LOL

mcmlxxvi
08-03-11, 12:23
nothing great to shout about even if it break 1kpsf? unless 3bedder hit 1kpsf....den really :scared-1:

1bedder only 448sqft....easily break 1kpsf ....confirm one la.....:sleep:

shd be 10xx to 11xxpsf for the 1bedders....cud be more....LOL

But agents advertising the 1BR for around 380k only leh...

devilplate
08-03-11, 12:51
But agents advertising the 1BR for around 380k only leh...

haha...dun fight over my unit den? i wana buy one for my doggy:D

mcmlxxvi
08-03-11, 12:53
haha...dun fight over my unit den? i wana buy one for my doggy:D

Me oso want 2 for my kitties...

azeoprop
23-03-11, 11:59
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_648250.html

Grave found in Yishun.... :scared-3:

bargain hunter
23-03-11, 13:01
year 71, blk 711...so many 71. :scared-4:


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_648250.html

Grave found in Yishun.... :scared-3:

gunner
25-03-11, 09:10
Got this email from them. Wah... 800 to 850psf... last time when i 1st get the email, they say its 750 to 850 psf! After cooling measures they increase!!! But such a price and location, think people rather go buy CR loh! No thanks man... Anyone know got coffee shop near it? Last time i go that area, cant find any near at all! Have to travel super long to buy food ah?
We are targeting 13th April 2011 as the day of preview, which I am personally inviting you.Total 654 units,full condo facilities.
Latest estimated psf at $800 -$850.Below are the unit size (sf)
1 bedroom (448-681)
2 bedroom (754-1125)
3 Compact (959-1393)
3 bedroom (1083-1470)
3 dual key(1216-1553)
4 bedroom (1341-1775)
4 bedroom dual key(1561-2032)
4 bedroom Penthouse (1900)

devilplate
25-03-11, 09:57
Got this email from them. Wah... 800 to 850psf... last time when i 1st get the email, they say its 750 to 850 psf! After cooling measures they increase!!! But such a price and location, think people rather go buy CR loh! No thanks man... Anyone know got coffee shop near it? Last time i go that area, cant find any near at all! Have to travel super long to buy food ah?
We are targeting 13th April 2011 as the day of preview, which I am personally inviting you.Total 654 units,full condo facilities.
Latest estimated psf at $800 -$850.Below are the unit size (sf)
1 bedroom (448-681)
2 bedroom (754-1125)
3 Compact (959-1393)
3 bedroom (1083-1470)
3 dual key(1216-1553)
4 bedroom (1341-1775)
4 bedroom dual key(1561-2032)
4 bedroom Penthouse (1900)

at least they r getting transparent? instead of quoting u low low px to collect chq? hehe

they see H20 can sell 150units at 920psf on ave wor....so up the px lor

dh
25-03-11, 10:24
I received the e-mail too, but it says preview is coming sunday. Wonder is it wrong date posted by agent, i thot the showroom id is not done yet.

Coffee shop and zhi char "Taste of thailand" is across yishun ave 2 (along mrt track), meaning opp side gate of yishun sapphire / emerald.

Across Junction Yishun ave 7 / canberra drive, there's minimart, small shop and coffee shop.

But most pple go northpt or chong pang or khatib one lah.

dh
25-03-11, 14:21
Just got clarification from agent. It's actually off site preview at Orchid country club.

Will post more infor then if i visit.


I received the e-mail too, but it says preview is coming sunday. Wonder is it wrong date posted by agent, i thot the showroom id is not done yet.

Coffee shop and zhi char "Taste of thailand" is across yishun ave 2 (along mrt track), meaning opp side gate of yishun sapphire / emerald.

Across Junction Yishun ave 7 / canberra drive, there's minimart, small shop and coffee shop.

But most pple go northpt or chong pang or khatib one lah.

azeoprop
29-03-11, 22:46
Received SMS from developer:

1 bedroom 600k
2 bedroom 700-800k
3 bedroom 850-950k
4 bedroom 1100-1200k

preview in mid april. :scared-3:

kingkong1984
29-03-11, 22:52
Some agent said preview at SSC.... Sembawang Shopping Center. Preview in JB have?

azeoprop
29-03-11, 23:11
Sianz...missed the boat...should have bought the estuary...:(

devilplate
29-03-11, 23:16
Received SMS from developer:

1 bedroom 600k
2 bedroom 700-800k
3 bedroom 850-950k
4 bedroom 1100-1200k

preview in mid april. :scared-3:

So ex ar? Tot 1 bedder 448sqft nia?

yyly1327
30-03-11, 12:05
wow, if 8Courtyards are so ex, will the other 2 older condos be more attractive to purchase??

mantrix
30-03-11, 14:19
wow, if 8Courtyards are so ex, will the other 2 older condos be more attractive to purchase??

Dun think so...sapphire and emerald selling ard 600+psf thereabouts - already including future upside liao

Unless something happens in the region that causes 8courtyard to be fully sold out within days then they might creep up to 700+ or even close to 800psf...

rattydrama
30-03-11, 23:52
Dun think so...sapphire and emerald selling ard 600+psf thereabouts - already including future upside liao

Unless something happens in the region that causes 8courtyard to be fully sold out within days then they might creep up to 700+ or even close to 800psf...
The location cmi. Tuf.

mantrix
31-03-11, 06:54
The location cmi. Tuf.

Not many condos can boast of having an industrial park directly opposite hor :)

Komo
31-03-11, 21:55
Sianz...missed the boat...should have bought the estuary...:(
Perhaps estuary is a better buy than Minton...?

mantrix
01-04-11, 09:58
Perhaps estuary is a better buy than Minton...?
different strokes loh...estuary got view and mrt track, minton got plenty of facilities and amenties

rattydrama
02-04-11, 00:25
Not many condos can boast of having an industrial park directly opposite hor :)

what so good to be near industrial park? so many malaysian motor brikes and foreign workers frequent yr estate and the kopi thiam.

when u think those empty land next to woodlands mrt will launch?
I neck is getting long.

mantrix
02-04-11, 13:56
what so good to be near industrial park? so many malaysian motor brikes and foreign workers frequent yr estate and the kopi thiam.

when u think those empty land next to woodlands mrt will launch?
I neck is getting long.

I was being sarcastic lah...:)

I think that area is not under GLS leh...could be zoned to expand Causeway Point instead.

If really build condo there, start looking at 1200psf liao...

zzz1
02-04-11, 21:53
I was being sarcastic lah...:)

I think that area is not under GLS leh...could be zoned to expand Causeway Point instead.

If really build condo there, start looking at 1200psf liao...

that site seem like a designated pasar malam plot

kingkong1984
03-04-11, 00:41
that site seem like a designated pasar malam plot

The next white site lah. Link to new MRT line.

Xan
03-04-11, 16:50
When's the preview? Location sux but quantum affordable

yaozong7
06-04-11, 15:26
Hi guys, 1st post here. A typical 1st time newie buyer with poor cash but ok CPF...

The preview is on 15 April'11 I think. Inclusive of 3-5% furniture vouchers upon TOP, I believe the asking price should be around 775 to 825 per sq ft..

Total got around 650 units there! Just wondering how come FEO do such a big project for a location that sucks?

Is there anything FEO know and I don't regarding further developments around the area? I certainly don't think the Thomson Line or NS12 is going to be anywhere near.....

devilplate
06-04-11, 15:31
Hi guys, 1st post here. A typical 1st time newie buyer with poor cash but ok CPF...

The preview is on 15 April'11 I think. Inclusive of 3-5% furniture vouchers upon TOP, I believe the asking price should be around 775 to 825 per sq ft..

Total got around 650 units there! Just wondering how come FEO do such a big project for a location that sucks?

Is there anything FEO know and I don't regarding further developments around the area? I certainly don't think the Thomson Line or NS12 is going to be anywhere near.....

i believe FEO jus try their hands on every GLS and bid at a level which they tink they can make $$$.....FEO came to pasir ris too.....some say a plc tat bird dun lay eggs

Xan
06-04-11, 16:20
Hi guys, 1st post here. A typical 1st time newie buyer with poor cash but ok CPF...

The preview is on 15 April'11 I think. Inclusive of 3-5% furniture vouchers upon TOP, I believe the asking price should be around 775 to 825 per sq ft..

Total got around 650 units there! Just wondering how come FEO do such a big project for a location that sucks?

Is there anything FEO know and I don't regarding further developments around the area? I certainly don't think the Thomson Line or NS12 is going to be anywhere near.....

You reminds me of a friend staying at woodlands:)

Xan
06-04-11, 16:40
Hi guys, 1st post here. A typical 1st time newie buyer with poor cash but ok CPF...

The preview is on 15 April'11 I think. Inclusive of 3-5% furniture vouchers upon TOP, I believe the asking price should be around 775 to 825 per sq ft..

Total got around 650 units there! Just wondering how come FEO do such a big project for a location that sucks?

Is there anything FEO know and I don't regarding further developments around the area? I certainly don't think the Thomson Line or NS12 is going to be anywhere near.....

I'm not sure how much FEO bid the land but my gut feel tells me it should be at low price. They should know that with that kinda of area, there is no investment potential at all. Probably becoz of the low bidding price, it still allows them to have some profit margin. They will b targeting mainly hdb
upgraders. The success of the sales will very much dependent on how they price 8courtyard. If they price very low and very affordable, there's a high chance it will still be a sell out project.

yaozong7
06-04-11, 17:29
Thanks Xan for the clarification. Yup, I am really staying at Woodlands now, parents flat. Haha.... I don't think $800 is a fair price, based on its current potential. Of course, if the missing "NS12" station comes into play, then it's a different story.

Even then, looking at Google map, I think "NS12" is likely to be developed along Canberra Link and not near 8courtyards, though God know when..... Maybe when SG population reaches 6.5m?

Will go to the launch, but better dont tikam with my little cash on hand.... If 15-20 years later then build NS12 & surrounding amenities, die ah......

yaozong7
06-04-11, 17:35
I think the coming GE may have a sig impact on property prices. If PAP wins handsomely, SG population may well increase to 6.5m, inevitably creating upwards pressure on property prices.

If PAP stumbles, we could see the SG population stagnating at 5m plus, with subsequent downwards pressure on property prices, esp when interest rates increase. My 2 cents worth..... Haha

azeoprop
06-04-11, 20:02
Found some pics and site plan here:
http://www.97934259.com/43

Looks quite cramp... :beats-me-man:

devilplate
06-04-11, 20:12
Found some pics and site plan here:
http://www.97934259.com/43

Looks quite cramp... :beats-me-man:
The 1bedder looks vy spacious though..... No balcony n no big ac ledge spotted
But crazy to buy at 1100psf....:beats-me-man:

kingkong1984
06-04-11, 21:09
Feo and probably first mm in OCR...

rattydrama
06-04-11, 23:53
I was being sarcastic lah...:)

I think that area is not under GLS leh...could be zoned to expand Causeway Point instead.

If really build condo there, start looking at 1200psf liao...

About 15 years ago the master plan was to have commercial buildings surroudning causeway point. But now dont seems to have any plans yet.

Maybe for the train station connecting to old check point? I think there is huge potential to be realised - not sure when.

But underneath are granite stone (rumours) so potential future developer must cost in extra for the foundation works.

rattydrama
06-04-11, 23:58
Found some pics and site plan here:
http://www.97934259.com/43

Looks quite cramp... :beats-me-man:

seems to me that layout similiar to Warren which I viewed before - very cramp. Even HDB is more spacious within their surrounding areas.

Xan
07-04-11, 12:03
The 1bedder looks vy spacious though..... No balcony n no big ac ledge spotted
But crazy to buy at 1100psf....:beats-me-man:

Wats the price range of 1 bedder?

kaizhe
07-04-11, 15:19
Wats the price range of 1 bedder?

according to agent, more than 600k for 4xx sqft....

erm estuary huat liao :scared-4:

kingkong1984
07-04-11, 21:19
according to agent, more than 600k for 4xx sqft....

erm estuary huat liao :scared-4:

only if the sales are good for this one.

Komo
07-04-11, 21:44
no need lah...as it is buyers of estuary is probably already sitting on paper profit of about $100 psf...

kingkong1984
08-04-11, 00:48
no need lah...as it is buyers of estuary is probably already sitting on paper profit of about $100 psf...

oh yes... that is so true... must wait till top to reap the fruits. Put some bricks and cement together, plus a train station and a big pool of water. :D

Xan
08-04-11, 13:03
according to agent, more than 600k for 4xx sqft....

erm estuary huat liao :scared-4:

How come in the guru, the agent are advertising at ard 380 to 430k? How true is your info?

pupboy
09-04-11, 09:38
Does anyone know when is the launch date on 8 Courtyard ?

Thanks

devilplate
09-04-11, 10:29
How come in the guru, the agent are advertising at ard 380 to 430k? How true is your info?

dun fight for my choice units....380k i will buy one for my doggy:D

kingkong1984
09-04-11, 11:32
dun fight for my choice units....380k i will buy one for my doggy:D buy and sell to hdb up graders later. Always a step ahead will result in $$

devilplate
09-04-11, 11:37
buy and sell to hdb up graders later. Always a step ahead will result in $$

380k is an instant giveaway man....regardless how ulu the location is.....jus rent out $1300 a mth can achieve 4% yield....haha

Komo
09-04-11, 11:47
When is the launch? Show room seems done already ....

Xan
09-04-11, 14:38
380k is an instant giveaway man....regardless how ulu the location is.....jus rent out $1300 a mth can achieve 4% yield....haha

Like wat u had said. Who who pay 1300 to rent such ulu place

kaizhe
09-04-11, 16:16
How come in the guru, the agent are advertising at ard 380 to 430k? How true is your info?

i dun think it is reliable. where got condo nowadays below 400k? and the size is 400 sumthing not 300 sumthing..make sense?

mantrix
09-04-11, 16:37
i dun think it is reliable. where got condo nowadays below 400k? and the size is 400 sumthing not 300 sumthing..make sense?

I read somewhere (h88) that one bedders start from 300k? Let's see
Estuary owners will huat, all yishun sembawangs condo huat if this is a sell-out project :)

kingkong1984
09-04-11, 17:40
Like wat u had said. Who who pay 1300 to rent such ulu place

Got lah. HDB master bed room market rate $750 liao. Want condo facilities, add $500. Better than going to the HOTELS.

Singaporean will not find it attractive, but poor foreign talents will.

http://www.rentinsingapore.com/current_rental_market_rates

on, can squeeze 2 or 3 pax also. Double deck. No living room plus Sofa bed.

devilplate
09-04-11, 23:45
I read somewhere (h88) that one bedders start from 300k? Let's see
Estuary owners will huat, all yishun sembawangs condo huat if this is a sell-out project :)

i tink shd be from 1kpsf....450k++.......399k den i on:D

kingkong1984
10-04-11, 08:19
8 grave yards?

Xan
10-04-11, 10:20
Yap, saw some agent advertising 1 bedder at around 4xxk which means ard 1xxxpsf. Low quantum but poor location, well, pple will still suck in.

devilplate
10-04-11, 10:43
Yap, saw some agent advertising 1 bedder at around 4xxk which means ard 1xxxpsf. Low quantum but poor location, well, pple will still suck in.

below 500k will do the trick actually....

if u search for condos beloiw 500k....mostly geylang MMs appear....LOL

8court/hedge 1bedder high chance below 500k....but definitely not gona be below 400k....fat hope...hehe

mcmlxxvi
10-04-11, 10:59
below 500k will do the trick actually....

if u search for condos beloiw 500k....mostly geylang MMs appear....LOL

8court/hedge 1bedder high chance below 500k....but definitely not gona be below 400k....fat hope...hehe
Below 400 bro missed the KG boat liao la... Maybe wait for next OCR GLS 99LH MM...

azeoprop
10-04-11, 12:16
380k is an instant giveaway man....regardless how ulu the location is.....jus rent out $1300 a mth can achieve 4% yield....haha

8@woodleigh stack 10 studios were selling below 400k last time during launch. No wonder nobody want to sell now... all want rental yield.

azeoprop
10-04-11, 12:37
dun fight for my choice units....380k i will buy one for my doggy:D

If 380k I also snatch...:rolleyes:

Xan
10-04-11, 15:35
If 380k I also snatch...:rolleyes:

Dun fight with me, I go queue there set tentage and stay overnight. Then I sell u subsale 450k

mantrix
10-04-11, 15:42
Dun fight with me, I go queue there set tentage and stay overnight. Then I sell u subsale 450k

You will still loogi...because of SSD....

Lovelle
10-04-11, 16:08
there will be many 380k launch in geylang...surely rentable.

Xan
10-04-11, 16:45
there will be many 380k launch in geylang...surely rentable.

Hehe nv like geylang, always feel very sleazy....

devilplate
10-04-11, 16:59
there will be many 380k launch in geylang...surely rentable.

geylang 380k? which project? tot cheapest around 480k now:confused:

azeoprop
13-04-11, 16:07
got another sms say "from 730psf" and 5% early bird discount... :beats-me-man:

2824
13-04-11, 18:05
Far East Website say from $800 psf :(

http://www.fareast.com.sg/FEOCorp.Web/index.aspx?page=home-prop-info&prop=297&utm_source=buyer&utm_medium=edm&utm_content=website&utm_campaign=8CY_11Apr




got another sms say "from 730psf" and 5% early bird discount... :beats-me-man:

mantrix
13-04-11, 19:57
got another sms say "from 730psf" and 5% early bird discount... :beats-me-man:

Should be for ground floor unit and 730psf is already after 5% discount...my suspicion of yet another gimmick...

azeoprop
13-04-11, 19:59
Yah loh, they will never price it below canberra residences... :tsk-tsk:

mantrix
13-04-11, 20:28
Yah loh, they will never price it below canberra residences... :tsk-tsk:

Or maybe for inferior-facing 4 BR with big PES?

kingkong1984
13-04-11, 20:43
Preview Friday.....

Prices from 8xx onwards before discount... My guess.

Cheapest unit facing mrt tracks must be...

mantrix
13-04-11, 21:53
Preview Friday.....

Prices from 8xx onwards before discount... My guess.

Cheapest unit facing mrt tracks must be...

I guess I'll see u thr...will this be ur first condo purchase or u are looking elsewhere? Prices still ok wor :D

kingkong1984
14-04-11, 00:05
r u kidding.. not virgin lah.

look see look see only... totally not interested at all...

opps... must appear keen so that people will not get the wrong message.

BEST PROJECT in the north to be :)

azeoprop
14-04-11, 17:34
If you are a homeowner^* of Frasers Centrepoint and Far East, you will
enjoy a loyalty discount of 1% of the purchase price*. This is in
addition to the 5% early bird discount* and multiple purchase discount
of 1% of the purchase price* which you will enjoy if you purchase 2 or
more units on the same day from us.

You are now cordially invited to the preview of Eight Courtyards,
along Canberra Drive on 16th April 2011 (Saturday).
Date : Saturday, 16th April 2011
Venue : Sales Suite along Canberra Drive via Yishun Avenue 7
(Location map appended below)
Time : 10 a.m. to 7 p.m.

yyly1327
14-04-11, 17:43
I got that sms too. Its states from $730psf.. so I called FEO and they claim that is for the ground floor unit with private garden. 2 bdrm starts from $800-$850.:(

mantrix
14-04-11, 17:48
I got that sms too. Its states from $730psf.. so I called FEO and they claim that is for the ground floor unit with private garden. 2 bdrm starts from $800-$850.:(

So I was right...again :D

azeoprop
14-04-11, 23:06
The website is up!
http://www.8courtyards.com/introduction.html

phantom_opera
14-04-11, 23:12
I have to admit that the artist impression is really superb :cool:

But the pool view units actually has sharp edge facing each other :doh:

azeoprop
14-04-11, 23:19
The floor plans are available for download. The 452sqft studio is the most efficient studio layout I've ever seen! And it comes with full timber flooring! :cheers1:

The dual key layout is good as well. But the rest of the floor plan all odd shaped one... :(

dh
15-04-11, 09:14
If you are a homeowner^* of Frasers Centrepoint and Far East, you will
enjoy a loyalty discount of 1% of the purchase price*. This is in
addition to the 5% early bird discount* and multiple purchase discount
of 1% of the purchase price* which you will enjoy if you purchase 2 or
more units on the same day from us.

You are now cordially invited to the preview of Eight Courtyards,
along Canberra Drive on 16th April 2011 (Saturday).
Date : Saturday, 16th April 2011
Venue : Sales Suite along Canberra Drive via Yishun Avenue 7
(Location map appended below)
Time : 10 a.m. to 7 p.m.

As above. A further 1% proximity discount of purchase price will be given to northen home owner develop ny Fraser Centrepoint / Far East. Namely Yishun sapphire/emerald, seletaris, euphony, sensoria,lilydale,orchid park and spring hill.

The preview for this group is today 15Apr11, evening.

azeoprop
15-04-11, 10:05
As above. A further 1% proximity discount of purchase price will be given to northen home owner develop ny Fraser Centrepoint / Far East. Namely Yishun sapphire/emerald, seletaris, euphony, sensoria,lilydale,orchid park and spring hill.

The preview for this group is today 15Apr11, evening.


Eee....what about owners of other feo/fraser properties? No max discounts no buy... :mad:

devilplate
15-04-11, 10:08
Eee....what about owners of other feo/fraser properties? No max discounts no buy... :mad:

u wana buy the smallest 1bedder?
from 450k?

facing yishun ave 7 ...busy road anot ar

facing inside one better but i tink another 60-80k more

azeoprop
15-04-11, 10:10
u wana buy the smallest 1bedder?
from 450k?

facing yishun ave 7 ...busy road anot ar

facing inside one better but i tink another 60-80k more

See see look look only, no money haa haa. :rolleyes:

mantrix
15-04-11, 11:13
Incredible marketing...

You would never have guessed this is a development facing industrial parks in an ulu place 1KM from Northpoint... :expert:

chiaberry
15-04-11, 11:37
The herds are heading northwards this weekend to look for greener pastures. Spurred on by the Govt to go in that direction too. Venture forth into the Industrial zones.

dh
15-04-11, 11:38
facing yishun ave 7 ...busy road anot ar


Not really for now. But may get busier depends on NSE and previously proposed link from Yishun Ave 7 to CTE/TPE.

mantrix
15-04-11, 11:47
New benchmark going to be set for Yishun condos soon...

dh
15-04-11, 23:06
Ave 7 facing 1 bed start 411k. Inner facing 1 bed start 475k. 1313sqft 3 bed + utility + balcony at 860k.

Some of the few I asked. Price after discount. Some pretty nice concept, can go look see.

kaizhe
15-04-11, 23:45
Ave 7 facing 1 bed start 411k. Inner facing 1 bed start 475k. 1313sqft 3 bed + utility + balcony at 860k.

Some of the few I asked. Price after discount. Some pretty nice concept, can go look see.

wow 411k, buy or not buy? :scared-1:

devilplate
15-04-11, 23:50
wow....dun fight for my doggy!!

linchong84
15-04-11, 23:53
Ave 7 facing 1 bed start 411k. Inner facing 1 bed start 475k. 1313sqft 3 bed + utility + balcony at 860k.

Some of the few I asked. Price after discount. Some pretty nice concept, can go look see.


How can 1313sqft be 860k.. I saw in the price list (before discount) 10++sqft already cross 1mil.. If 1313sqft is 860k, that means 654psf.. 654 psf is the price of canopy (EC) haha.. If really at this price, must go and buy all units, mai tu liao..

devilplate
15-04-11, 23:58
How can 1313sqft be 860k.. I saw in the price list (before discount) 10++sqft already cross 1mil.. If 1313sqft is 860k, that means 654psf.. 654 psf is the price of canopy (EC) haha.. If really at this price, must go and buy all units, mai tu liao..

ya lor...shd be sold out by now!! any units left for my doggy?!?!

411k....keep 4yrs sell 500k....still better den putting $ in the bank? LOL

dtrax
16-04-11, 00:03
muz go muz go.. gd buy best buy all muz buy!!!

kaizhe
16-04-11, 00:21
ya lor...shd be sold out by now!! any units left for my doggy?!?!

411k....keep 4yrs sell 500k....still better den putting $ in the bank? LOL

I will dump ur doggy into the swimming pool! :simmering:

propnexlaunches
16-04-11, 01:40
Please visit the following website for more details!!!
propnexlaunches.com/newlaunches/8courtyards/

8 COURTYARDS @ YISHUN VVIP PREVIEW on 16th APRIL 2011 (SAT)

PRICES RANGE FROM $750PSF ONWARDS AFTER 15% DISCOUNT!
WHILE STOCKS LAST!

CALL ADRIAN @ 91518251 for appointment now!

kingkong1984
16-04-11, 05:29
ah.....

15% again...

got 1% loyalty discount right?

got furniture vouchers of 3%?

ah....

kingkong1984
16-04-11, 05:47
How can 1313sqft be 860k.. I saw in the price list (before discount) 10++sqft already cross 1mil.. If 1313sqft is 860k, that means 654psf.. 654 psf is the price of canopy (EC) haha.. If really at this price, must go and buy all units, mai tu liao..

Right... developer not stupid to price their units at EC prices in the same town. They will price it much higher than EC by 10% to 30% usually.

Maybe this is ground floor unit, works out to be about $750 psf after adjusting for PES.

15% + 1% + 3%? maybe $730psf after discount is indeed true.

List price $800 psf x 1313 = $1,050,400
Discounted by 15% = $893k, $680 psf
Discounted by 19% = $851k, $650 psf.

If they really price at EC prices.. tell tale sign that they are offloading quickly.

Xan
16-04-11, 07:55
Any takers here for this kinda price?

chiaberry
16-04-11, 08:47
Remember the location is next to an Industrial estate. The price reflect the location.

mantrix
16-04-11, 09:54
Remember the location is next to an Industrial estate. The price reflect the location.

It is less than 15min walk to Northpoint though...

KC76
16-04-11, 13:07
It is less than 15min walk to Northpoint though...
Bro, hws life? U getting?

kurby
16-04-11, 13:19
Rosewood suite to causeway point is nearer than this to northpoint...this is 2 traffic light awy....

mantrix
16-04-11, 13:28
Bro, hws life? U getting?

Life is good bro. Not getting as am out of bullets and not very optimistic about the market though i am predicting this to have a big turnout due to launch price of 750 psf (where to find nowadays??) :blueball:

Komo
16-04-11, 14:29
any sales update? is the estuary effect happening here?

Xan
16-04-11, 15:55
any sales update? is the estuary effect happening here?

Latest estuary transact : 1528sqft at 1.34mil. Around 300 k profit

mantrix
16-04-11, 16:31
Heard the response at 8courtyards v happening! This is the biggest crowd that area has ever seen :)

dtrax
16-04-11, 16:33
off to 8courtyards now.. will try to post crowd pics

Wild Falcon
16-04-11, 16:41
Very nice project from the brochures - at least FEO has put in some thought into the concept and design. I realise nowadays most suburban projects put the CCR projects (can't be bothered and assume just MM shoeboxes and laminate floor with no concept will sell).

devilplate
16-04-11, 17:16
Was told all 1 bedder gone!!!! Left only 1 bedder ground flr....

Agt reccomend me to get cheapest 2 bedder stack 18.... After discount ard 760psf....

devilplate
16-04-11, 17:35
The 452sqft 1 bedder layout resembles clift 1 bedder less bomb shelter... Hmm

Was told average 440k for this n was snapped up.... No mrt n yet so hot argh!!! 440k not exactly cheap leh.... Close to 1k psf wor:beats-me-man:

Lovelle
16-04-11, 17:38
consider average price at current market. those in better location are like marketed at 5XXk

dtrax
16-04-11, 18:17
02-09 2bedder 730psf after discount for 861sqft
Was told left 1bedder top flr on lvl 15.

mantrix
16-04-11, 18:53
02-09 2bedder 730psf after discount for 861sqft
Was told left 1bedder top flr on lvl 15.

Hmm all aiming for one bedders means mainly considering this for investment. Problem is, where's the potential? Maybe 10 years down the road (simpang)?

mantrix
16-04-11, 19:09
With 730psf at the going good luck to those who bot the neighbouring condos at 700++psf...

Wild Falcon
16-04-11, 19:13
I think only 30 units of one-bedder and mainly large units (3 bedders and above)? That's why one-bedder sellout first lor. Just imagine a single person below 35, cannot buy HDB, then just buy a one bedder at 400k lor. Still seems affordable. And there are no one-bedders in this location.

730psf seems ok pricing for no MRT and very far from town. I'm surprised the pricing is not more aggressive esp when its FEO who price 1200psf for Bt Panjang.


Hmm all aiming for one bedders means mainly considering this for investment. Problem is, where's the potential? Maybe 10 years down the road (simpang)?

dh
16-04-11, 19:13
Ops correction it's not 1313 but 1141sqft. Level 2 tower h2, c8. 13xx sqft is the gnd flr with pes.

Komo
16-04-11, 19:42
so FEO's strategy is price low first to create initial interest and increase price later? afterall there are many units to sell?

dtrax
16-04-11, 20:10
Usually if it is just a FEO project the psf will be high. This one is a tie up with Fraser, so pricing wise, it has to be more reasonable

mantrix
16-04-11, 20:29
Just KPO back fr showroom. Nt a bad project and almost sold out for first launch except for those units facing chong pang camp - those have special 'shades" constructed outside to shield their views of the camp - a ruling by DSTA 2 weeks before the launch...

kaizhe
16-04-11, 20:36
02-09 2bedder 730psf after discount for 861sqft
Was told left 1bedder top flr on lvl 15.

I got 650k can buy 2 bedder on which floor?

dtrax
16-04-11, 21:09
I got 650k can buy 2 bedder on which floor?

maybe gone by now? I heard only left 2 2bed available. These 2 lowest floor blocked view by the clubhse

kingkong1984
16-04-11, 21:35
1 bedder all sold out, units selling fast. I was told.

Very crowded there today.

linchong84
16-04-11, 21:43
1 bedder all sold out, units selling fast. I was told.

Very crowded there today.


So is the price really very cheap? 730psf for 2 bedder is quite a rare thing for new development nowadays.. How about larger units such as 3, 4 bedders? Even lower psf?

mantrix
16-04-11, 21:44
1 bedder all sold out, units selling fast. I was told.

Very crowded there today.

You should have gone yesterday, got buffet :D

Today only packet drinks...

dtrax
16-04-11, 21:46
haha it is cheap. Even h20 residences close to 50% sold last month at 9xx psf. So how many forumers here have bought?

mantrix
16-04-11, 21:47
So is the price really very cheap? 730psf for 2 bedder is quite a rare thing for new development nowadays.. How about larger units such as 3, 4 bedders? Even lower psf?

The price went up as the floors get higher but overall price averaged around 730 to 760psf...

Good layout and no bath-tubs. If you are not so traditional their layout actually made the whole unit appear bigger than it is...

This is probably the only chance for upgraders in the far north to get their dream homes at this price...I think 80% sold by today easily...

kingkong1984
16-04-11, 21:52
You should have gone yesterday, got buffet :D

Today only packet drinks...

Was invited but busy.

Prices cheap? If u think 800 psf after discount is...

I must say it is quite attractive to people who lives nearby.

Agents working very hard there. Good work.

mantrix
16-04-11, 22:09
Was invited but busy.

Prices cheap? If u think 800 psf after discount is...

I must say it is quite attractive to people who lives nearby.

Agents working very hard there. Good work.

When you have the combined marketing prowess of FEO and Fraser's, you have a sure-seller. Just look at the way the showflat is done up with the surrounding signage - you'll be forgiven if you thought this was a CCR launch...

Wild Falcon
16-04-11, 23:18
Looks like FEO not "hot" on far north prices leh. Like that its difficult for the surrounding condos prices to be pushed up.



The price went up as the floors get higher but overall price averaged around 730 to 760psf...

Good layout and no bath-tubs. If you are not so traditional their layout actually made the whole unit appear bigger than it is...

This is probably the only chance for upgraders in the far north to get their dream homes at this price...I think 80% sold by today easily...

Xan
16-04-11, 23:22
Wats the price range for 2 bedders?

dtrax
16-04-11, 23:32
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash4/207827_10150163867377568_568502567_6903608_619456_n.jpg

devilplate
16-04-11, 23:40
Looks like FEO not "hot" on far north prices leh. Like that its difficult for the surrounding condos prices to be pushed up.

i believe this pricing oredi factored in the 5% furniture vouchers they r giving for their other projects

they launched half of the total units for sale....priced to sell....nice concept....other den tat, no other selling point oredi....no view, MRT track, not much amenities, not near MRT...if momentum continues, maybe increase their pricing slowly later

pricing is cool at 750psf....its EC pricing:spliff:

linchong84
17-04-11, 00:01
i believe this pricing oredi factored in the 5% furniture vouchers they r giving for their other projects

they launched half of the total units for sale....priced to sell....nice concept....other den tat, no other selling point oredi....no view, MRT track, not much amenities, not near MRT...if momentum continues, maybe increase their pricing slowly later

pricing is cool at 750psf....its EC pricing:spliff:


yah.. if a mid floor avg facing unit is selling at 750psf, this is indeed good pricing.. all of you expected it to sell at 800++ onwards isn't it.. wonder whether canberra residences buyers will feel heartpain or not..

moomooteo
17-04-11, 00:12
layout alot more to be desired. Alot of odd shape and corners.

yaozong7
17-04-11, 01:34
The 750 psf ones are all odd-shaped ones leh. Hard to arrange living room furniture and waste space. The square shaped ones with pool views are from 800 psf onwards I think.

The better blocks havent been launched but overall pricing is still ok considering it's FEO. I feel more agents than customers today leh.....ha

Xan
17-04-11, 02:03
The 750 psf ones are all odd-shaped ones leh. Hard to arrange living room furniture and waste space. The square shaped ones with pool views are from 800 psf onwards I think.

The better blocks havent been launched but overall pricing is still ok considering it's FEO. I feel more agents than customers today leh.....ha

U thinking of getting a unit? I recee the place many time, still feel the location cmi. I just cannot figure out what investment value it has, esp those who bought the 1 bedder at 900+psf. But from the response reported here, I'm really puzzled.

Fleur
17-04-11, 02:12
U thinking of getting a unit? I recee the place many time, still feel the location cmi. I just cannot figure out what investment value it has, esp those who bought the 1 bedder at 900+psf. But from the response reported here, I'm really puzzled.

Could be singles below 35 years old, currently staying and working in the north. One thing I noticed is sungaporeans tend to buy their next property near to where they currently stay.

yaozong7
17-04-11, 02:18
Dunno leh. Still thinking... Yah the location quite cmi. The 1 bedroom units mostly sold out on fri I think. Maybe they think it should be easy to rent out since MBT said more industrial developments in North area?

Besides the industrial park opp 8 courtyard, there's 1 huge plot of land reserved for industrial use I think..... For own self stay should be ok in long term as long as population reaches 6.5m, but for investment purpose, have to consider if the pricing & timing is right... haha

kingkong1984
17-04-11, 05:49
This location really CMI.

But if priced at EC pricing.. still got upside of at least 10% to 20% upon TOP if not more.

EC buyers will think they overpaid for Canopy or Lilydale already. Both also CMI.

Expect price drop there or no more upside.

At this kind of pricing, its a sign! get the que and dun anyhow aim and misque.

The shape looks like saw's aiming at each other. Perhaps anti sound measures.

Took at look at Agora Green 5 room at 6xxk earlier. That one is a better buy anytime though minus the swiming pool. Solution, Safra Pool.

How come no shuttle bus service mentioned?

mantrix
17-04-11, 06:40
This location really CMI.

But if priced at EC pricing.. still got upside of at least 10% to 20% upon TOP if not more.

EC buyers will think they overpaid for Canopy or Lilydale already. Both also CMI.

Expect price drop there or no more upside.

At this kind of pricing, its a sign! get the que and dun anyhow aim and misque.

The shape looks like saw's aiming at each other. Perhaps anti sound measures.

Took at look at Agora Green 5 room at 6xxk earlier. That one is a better buy anytime though minus the swiming pool. Solution, Safra Pool.

How come no shuttle bus service mentioned?

Haven't slept yet? So excited ar? :D
Canopy and Lilydale still ok, right next to shops, supermart, kopitiams.
Canberra makes sense to pay 50psf more cos 800m to MRT, 200 to shopping mall.
I agree - this location is the CMIest of the CMI - unless you are a huge park fan (there is one opposite)
Else no other amenities in sight.

layout of site is good - no neighbours will see each other directly so there is privacy. Again I must say their selling point is in their condo concept, which is quite well done (but dun expect anything like those pics in the brochure)...

kingkong1984
17-04-11, 07:54
No lah, early day...

Xan
17-04-11, 09:22
Dunno leh. Still thinking... Yah the location quite cmi. The 1 bedroom units mostly sold out on fri I think. Maybe they think it should be easy to rent out since MBT said more industrial developments in North area?

Besides the industrial park opp 8 courtyard, there's 1 huge plot of land reserved for industrial use I think..... For own self stay should be ok in long term as long as population reaches 6.5m, but for investment purpose, have to consider if the pricing & timing is right... haha

Haha better act fast else all sold out. Basically my observation is, as long it is cheap, Singaporean usually Bo chup the location and grab. They keep thinking buying cheap and can sell higher. It is not totally wrong but at that kind of location, I really don't know what's the incentive of buying. If I were to buy, I will not get the 1 bedder at 900+ psf. I will go for bigger units.

linchong84
17-04-11, 09:31
This location really CMI.

But if priced at EC pricing.. still got upside of at least 10% to 20% upon TOP if not more.

EC buyers will think they overpaid for Canopy or Lilydale already. Both also CMI.

Expect price drop there or no more upside.

At this kind of pricing, its a sign! get the que and dun anyhow aim and misque.

The shape looks like saw's aiming at each other. Perhaps anti sound measures.

Took at look at Agora Green 5 room at 6xxk earlier. That one is a better buy anytime though minus the swiming pool. Solution, Safra Pool.

How come no shuttle bus service mentioned?


i presume Canopy's buyers are mainly 1st timers and buyers of ECs mainly buy for staying and not investing, esp people in yishun.. So they won't regret cos they bought it at avg 650psf.. if you add in the 30k grant, the psf maybe 620-630psf.. so low for a new condo development how to regret..

lilydale, yishun sapphire and yishun emerald are selling at around 600-650psf now.. emerald and sapphire might still feel slightly happier as courtyard is selling at 750-800psf, so they got still a very slight bit of upward potential.. for lilydale, to buy it at 620-650psf now really makes little sense unless the buyers are eager to move..

Adora green 5 room is around 500psf, people might regret as it is only a HDB in yishun which is not near mrt yet it is selling at premium prices.. no matter how marketed the dbss is, it is still just a hdb with no facilities and stuck with MOP.. the only difference of it from BTO is it comes with installed kitchen cabinet, bathroom fittings, wardrobes and aircon.. But these things shouldn't cost 250k.. in fact they might not even cost 50k.. so why should the dbss cost 250k more than the bto..

dh
17-04-11, 10:03
Shuttle covered by developer for first 2 years.


This location really CMI.

But if priced at EC pricing.. still got upside of at least 10% to 20% upon TOP if not more.

EC buyers will think they overpaid for Canopy or Lilydale already. Both also CMI.

Expect price drop there or no more upside.

At this kind of pricing, its a sign! get the que and dun anyhow aim and misque.

The shape looks like saw's aiming at each other. Perhaps anti sound measures.

Took at look at Agora Green 5 room at 6xxk earlier. That one is a better buy anytime though minus the swiming pool. Solution, Safra Pool.

How come no shuttle bus service mentioned?

devilplate
17-04-11, 10:03
humans r funny rite....

most ppl expecting ave 850psf....den ended up 750psf....den start to say CMI location...tats y cheap....

humans just love expensive stuff....hehe

if its near to MRT(within 300-400m)...prolly launch at 950psf....
so 750psf....3 bus stop away lor...hehe

for me, lucky for yishun upgradders.....FEO launch at reasonable px:cheers6:

treehouse launched last yr....not near MRT also....equally ulu if u were to ask me....px at 8xxpsf....

lets see how much forestkill gona launch

linchong84
17-04-11, 10:12
humans r funny rite....

most ppl expecting ave 850psf....den ended up 750psf....den start to say CMI location...tats y cheap....

humans just love expensive stuff....hehe

if its near to MRT(within 300-400m)...prolly launch at 950psf....
so 750psf....3 bus stop away lor...hehe

for me, lucky for yishun upgradders.....FEO launch at reasonable px:cheers6:

treehouse launched last yr....not near MRT also....equally ulu if u were to ask me....px at 8xxpsf....

lets see how much forestkill gona launch


yah.. when things are expensive, they complain that it is too ex.. when things turn out cheaper, they start to wonder how come it is so cheap, maybe something wrong with it (ie location) so actually it is not good also.. people are really hard to satisfy and please.. it is just like facing your wife or girlfriend, so matter what a guy do also wrong one.. there is no right or ideal situation..

DaytonaSS
17-04-11, 10:33
humans r funny rite....

most ppl expecting ave 850psf....den ended up 750psf....den start to say CMI location...tats y cheap....

humans just love expensive stuff....hehe

if its near to MRT(within 300-400m)...prolly launch at 950psf....
so 750psf....3 bus stop away lor...hehe

for me, lucky for yishun upgradders.....FEO launch at reasonable px:cheers6:

treehouse launched last yr....not near MRT also....equally ulu if u were to ask me....px at 8xxpsf....

lets see how much forestkill gona launch

"siao ping bu siao chang"

devilplate
17-04-11, 10:38
"siao ping bu siao chang"

.......:confused: :beats-me-man: :ashamed1: :o

Komo
17-04-11, 10:42
I think yishun is too big without LRT. Perhaps there is one in the plan to linkup all the condos:D

linchong84
17-04-11, 10:49
I think yishun is too big without LRT. Perhaps there is one in the plan to linkup all the condos:D

Hard.. there are LRT in sengkang, punggol and bukit panjang becos HDB needs to sell the BTOs there due to the vast undeveloped empty land at that time.. If HDB dun throw in the LRT carrot, not many will want to bite..

For yishun, it is already a matured estate, mature until a bit chao sng already.. not much land to launch BTOs anyway, so govt might hesitate to throw in the LRT carrot.. otherwise amk, bishan, toa payoh, woodlands, etc, etc etc will all be crying for one..

devilplate
17-04-11, 10:55
Haha better act fast else all sold out. Basically my observation is, as long it is cheap, Singaporean usually Bo chup the location and grab. They keep thinking buying cheap and can sell higher. It is not totally wrong but at that kind of location, I really don't know what's the incentive of buying. If I were to buy, I will not get the 1 bedder at 900+ psf. I will go for bigger units.

1 bedder...45xsqft still ok buy if u ask me....but not the bigger sized 54xsqft one...both about the same Psf....

45xsqft about 430k....54xsqft about 520k.....low budget buyer can opt for 430k....ignore the psf....but dun understand y those bot 54xsqft 1bedder wor....might as well top up 130k get a 86xsqft 2bedder at 650k?

mabe really budget constraint:beats-me-man:

bargain hunter
17-04-11, 11:49
so how many have been sold? with hedges park and 8 courtyards so hot this weekend, should be expecting a nice report on straits times or BT on monday or tuesday. :D

kingkong1984
17-04-11, 11:50
i presume Canopy's buyers are mainly 1st timers and buyers of ECs mainly buy for staying and not investing, esp people in yishun.. So they won't regret cos they bought it at avg 650psf.. if you add in the 30k grant, the psf maybe 620-630psf.. so low for a new condo development n 50k..

Why go for EC when u can buy condo at similar psf without restrictions. Even if cheaper, must be cheap enough. Otherwise, price appreciation limited.

kingkong1984
17-04-11, 11:53
1 bedder...45xsqft still ok buy if u ask me....but not the bigger sized 54xsqft one...both about the same Psf....

45xsqft about 430k....54xsqft about 520k.....low budget buyer can opt for 430k....ignore the psf....but dun understand y those bot 54xsqft 1bedder wor....might as well top up 130k get a 86xsqft 2bedder at 650k?

mabe really budget constraint:beats-me-man:
1 bedder very wise choice. Go for smallest unit. Like country club plus rental gain. All sold rite?

Xan
17-04-11, 12:03
1 bedder...45xsqft still ok buy if u ask me....but not the bigger sized 54xsqft one...both about the same Psf....

45xsqft about 430k....54xsqft about 520k.....low budget buyer can opt for 430k....ignore the psf....but dun understand y those bot 54xsqft 1bedder wor....might as well top up 130k get a 86xsqft 2bedder at 650k?

mabe really budget constraint:beats-me-man:

Yap agree and make more sense to go for smallest 1 bedder else might as well buy 2 bedder at 650k. Now I feel estuary 1 bedder 603sqft at 4xxk looks like a steal :banghead:

Xan
17-04-11, 12:06
so how many have been sold? with hedges park and 8 courtyards so hot this weekend, should be expecting a nice report on straits times or BT on monday or tuesday. :D

Had a feeling next round of cooling measure will come after election. They might attack the buyer this time.

kingkong1984
17-04-11, 12:06
humans r funny rite....

most ppl expecting ave 850psf....den ended up 750psf....den start to say CMI location...tats y cheap....

humans just love expensive stuff....hehe

treehouse launched last yr....not near MRT also....equally ulu if u were to ask me....px at 8xxpsf....

lets see how much forestkill gona launch
expansive means got face.
Not really 7xx psf leh.
Forest kills monkeys looking for peanuts in monkey cage.

amk
17-04-11, 12:08
Wow, wake up a lazy sunday morning and discover this... Is this the latest hot project now ?;)

How much again ? 800 :scared-5: ? I thought Sengkang 900 was shocking...

Is it next to the yishun sapphire / emerald thing ? How come it's not called yishun diamond ? ;)

Xan
17-04-11, 12:12
Any websites to see the layout of units? Too lazy to go show flat hehe.

Komo
17-04-11, 12:54
...very bad to fengshui is to have the corner of the building pointing directly at you like a knife. worse with multiple of these. puzzling why have such design...just to create small courtyards? looks like rather have outward facing units.

mantrix
17-04-11, 12:55
Yap agree and make more sense to go for smallest 1 bedder else might as well buy 2 bedder at 650k. Now I feel estuary 1 bedder 603sqft at 4xxk looks like a steal :banghead:

This project makes Estuary look like a bargain. However it does little to push up prices for nearby Seletaris or Euphony or the 2 jewels...

mantrix
17-04-11, 13:00
...very bad to fengshui is to have the corner of the building pointing directly at you like a knife. worse with multiple of these. puzzling why have such design...just to create small courtyards? looks like rather have outward facing units.

It doesn't look good from the site plan but if you stay there you'll appreciate it. You won't wake up to the sight of your neighbours' parents in their undies :D

Xan
17-04-11, 14:03
Would there be a possibility the missing mrt is next to 8 courtyard?

azeoprop
17-04-11, 14:08
Floor plans specs and details here:

http://www.8courtyards.com/

chiaberry
17-04-11, 14:10
Adora green 5 room is around 500psf, people might regret as it is only a HDB in yishun which is not near mrt yet it is selling at premium prices.. no matter how marketed the dbss is, it is still just a hdb with no facilities and stuck with MOP.. the only difference of it from BTO is it comes with installed kitchen cabinet, bathroom fittings, wardrobes and aircon.. But these things shouldn't cost 250k.. in fact they might not even cost 50k.. so why should the dbss cost 250k more than the bto..

For sure those things don't cost anywhere NEAR 250K. 50K is closer than 250K. For sure can get them at 50K if not going for top of the range quality.

kaizhe
17-04-11, 14:19
Wow, wake up a lazy sunday morning and discover this... Is this the latest hot project now ?;)

How much again ? 800 :scared-5: ? I thought Sengkang 900 was shocking...

Is it next to the yishun sapphire / emerald thing ? How come it's not called yishun diamond ? ;)

I think the one really huat is sapphire and emerald lor...previously they can only sell at 650psf but now able to increase to 750psf and still ppl will buy it bcos is TOPed and just beside the courtyards... :ashamed1:

mantrix
17-04-11, 14:31
I think the one really huat is sapphire and emerald lor...previously they can only sell at 650psf but now able to increase to 750psf and still ppl will buy it bcos is TOPed and just beside the courtyards... :ashamed1:

? I beg to differ - I don't think anyone would do that...

Xan
17-04-11, 14:38
I think the one really huat is sapphire and emerald lor...previously they can only sell at 650psf but now able to increase to 750psf and still ppl will buy it bcos is TOPed and just beside the courtyards... :ashamed1:

I beg to differ too. 8courtyard selling price is currently low. Think emerald and sapphire jia lat Liao. Even if 8courtyard try to sell at 800+ to 900 psf during subsale, think no one or less pple will buy. This also mean the two rubies would be even worst. The buyer who bought the unit at the two rubies transact at 780 psf will cry now after knowing 8courtyard's launch price. Unless that side got mrt, then it's a diff story.

kaizhe
17-04-11, 14:49
I beg to differ too. 8courtyard selling price is currently low. Think emerald and sapphire jia lat Liao. Even if 8courtyard try to sell at 800+ to 900 psf during subsale, think no one or less pple will buy. This also mean the two rubies would be even worst. The buyer who bought the unit at the two rubies transact at 780 psf will cry now after knowing 8courtyard's launch price. Unless that side got mrt, then it's a diff story.

for me, i rather buy these 2 rubies... agree with wat u said, if mrt comes in then different story le. But the competition of these 3 condos will be strong after courtyard TOP and it wont be easy to rent out also...However I still prefer the estuary :tongue3:

mantrix
17-04-11, 14:50
I beg to differ too. 8courtyard selling price is currently low. Think emerald and sapphire jia lat Liao. Even if 8courtyard try to sell at 800+ to 900 psf during subsale, think no one or less pple will buy. This also mean the two rubies would be even worst. The buyer who bought the unit at the two rubies transact at 780 psf will cry now after knowing 8courtyard's launch price. Unless that side got mrt, then it's a diff story.

Yes - the selling point of 8courtyard is that it's new, and has a good condo concept. The location is not to die for. Why would I pay same psf for neighbouring 2 much older condos in same location with dated condo facilities?

kingkong1984
17-04-11, 14:51
I beg to differ too. 8courtyard selling price is low. Think emerald and sapphire jia lat Liao. Even 8courtyard try to sell at 800+ psf during subsale, think no one or less pple will buy. Unless that side got mrt.

Yishun Emerald and Sapphire has always been Jialat.. lousy capital gain plus too near to MRT tracks with no amenties in sight except that coffeeshop across the street serving industrial tenants.

This project is Emerald and Sapphire killer. Maybe should call Yishun Diamond better. 8 courtyard sounds not to good.

Anyway, price will attract price sensitive buyers.

The 2 bedders with attached tiolets seems to be the best stacks. May try to combo the two with developer approval and it will be a neat 4 bedder. Much better than that Dual Key 4 Bedders.

Good luck to the buyers looking for 8...

mantrix
17-04-11, 14:58
8courtyards sounds better than Yishun Diamond or Ruby anytime lah...

chiaberry
17-04-11, 14:59
for me, i rather buy these 2 rubies... agree with wat u said, if mrt comes in then different story le. But the competition of these 3 condos will be strong after courtyard TOP and it wont be easy to rent out also...However I still prefer the estuary :tongue3:

Agreed. At least some units in the estuary can have reservoir views. and not near the industrial park somemore.

kingkong1984
17-04-11, 15:06
8courtyards sounds better than Yishun Diamond or Ruby anytime lah...

ok... hmm... must be that special 8.

mantrix
17-04-11, 15:09
Agreed. At least some units in the estuary can have reservoir views. and not near the industrial park somemore.

Even non-reservoir viewing units also good cos location is comparatively superior to 8courtyards...

Still, I hope 8courtyards will huat! Cos me vested in North anyways :D

mantrix
17-04-11, 15:11
ok... hmm... must be that special 8.

Yishun Diamond sounds like Yee Soon Die Man (one smooth die man)

At least 8courtyards got 8 what...alwyas a winner. Like Cube8 or Draycott 8...

DC33_2008
17-04-11, 15:14
WoW! Not Mrt station but got mrt track noise to some units. The estuary will be much better in terms of pricing and ambience.

mantrix
17-04-11, 15:19
WoW! Not Mrt station but got mrt track noise to some units. The estuary will be much better in terms of pricing and ambience.

Now most asking above 900psf...some even more than 1K psf...

DC33_2008
17-04-11, 15:25
You mean estuary. Good News!
Now most asking above 900psf...some even more than 1K psf...

mantrix
17-04-11, 15:31
You mean estuary. Good News!

U vested? Congratz!! :D

Lovelle
17-04-11, 15:31
the last 2 units of 1 bedder were sold this morning. one is a ground level unit. was quoted #12-18 a 2 beddder at 660k workout to be 733psf after discount.

unit facing the mrt track, come with sound of music...

3 bedder units come with CMI layout, thin hall, triangular shape hall which can be purchased below 1mil.

we all know all the CMI features of this place....but i like the courtyards, it has 8 types of courtyard.

units on ground level facing the beautiful courtyards. Children sure like to play around the area....these are units with good facing in my opinion..

developer also not generous with the interior with homo tiles all over the place....kitchen wall look like hdb tiles (bigger slab)...

linchong84
17-04-11, 15:40
Why go for EC when u can buy condo at similar psf without restrictions. Even if cheaper, must be cheap enough. Otherwise, price appreciation limited.

Like i say, people who choose to buy EC most likely buy it as their first property and intend to stay there.. So the 5 year MOP to them is not a big concern.. And to receive 30k free money from govt is always good.. canopy after grant is 620psf, courtyard is 750-800psf.. if someone is first timer and intend to stay, why would he go for courtyard.. the 100-150 psf is significant enough.. some people exceed 10k income ceiling so suck thumb only.. i still dun believe many people will buy courtyard for investment reason except for those 1 bedder units, the location too cui liao, not much upward potential..

DC33_2008
17-04-11, 16:01
No. Not in my investment portfolio.
U vested? Congratz!! :D

Lovelle
17-04-11, 16:15
i noticed all the launch this year so far is quite CMI in location....

kingkong1984
17-04-11, 16:48
Yishun Diamond sounds like Yee Soon Die Man (one smooth die man)

At least 8courtyards got 8 what...alwyas a winner. Like Cube8 or Draycott 8...
Good point, but if poor sales and become '8 koh yak' ? How.... ? Egg rotten Liao.

kingkong1984
17-04-11, 16:53
Like i say, people who choose to buy EC most likely buy it as their first property and intend to stay there.. So the 5 year MOP to them is not a big concern.. And to receive 30k free money from govt is always good.. canopy after grant is 620psf, courtyard is 750-800psf.. if someone is first timer and intend to stay, why would he go for courtyard.. the 100-150 psf is significant enough.. some people exceed 10k income ceiling so suck thumb only.. i still dun believe many people will buy courtyard for investment reason except for those 1 bedder units, the location too cui liao, not much upward potential..
But 5 year cannot fry pte ppty leh. Some more EC comes with restrictions. They can buy more than 1 unit there and also the whole family clan can move in. Can EC accommodate that? Both got it's pros and cons and dun write off either one.

mantrix
17-04-11, 16:58
Good point, but if poor sales and become '8 koh yak' ? How.... ? Egg rotten Liao.

Judging from response that is a long way from happening...

kingkong1984
17-04-11, 16:59
Judging from response that is a long way from happening...
Haha ok ok, egg go song... :) 8 go strong

Xan
17-04-11, 17:05
Yes - the selling point of 8courtyard is that it's new, and has a good condo concept. The location is not to die for. Why would I pay same psf for neighbouring 2 much older condos in same location with dated condo facilities?

The launch of 8 courtyard at low price has a few implications:
1) both the two rubies would be dead. 8 courtyard set a low benchmark. The price of two rubies can never exceed 700psf, given 8courtyard is new and comes with thematic concept and is launching now between 700+ psf.
2) developer aims to clear as fast and as many units as possible, thus result in good response from public and will be a sold out project.
3) from investment point of view, it should take more than 4 years for 8courtyard subsale to take place due to 4yrs SSD. Because the profit margin will be very little given that location and will not be able to cover the SSD, not even the 4th yr SSD. If for own stay, then no issue.
4) it will only make logical sense for 2 rubies to transact 100psf lesser than 8courtyard. If 8courtyard subsale lousy, then the 2 rubies can eat grass already. Which means while waiting for 8 courtyard subsale to take place after 4yrs, the transact price of the two rubies will be kept around 600+psf for four years.
To summarize, the launch of 8courtyard at that location with that kinda low price has inevitably restricted the price of the two rubies. If I'm the resident of either one ruby, I will be very worried. 8courtyard had sabo the two rubies. Unless the missing mrt is built there, then it's a diff game. Just my :2cents: :ashamed1:

kingkong1984
17-04-11, 17:11
Excellent point, I agree.

Emerald and ruby out of fashion Liao, pawn shop also dun want just like diamonds.

Buyers for 8 kayyak will also be like ruby or emerald, when yishun gets new developments nearer to mrt.

Ever wonder why the shelters in e yards are like bird cages? Fengshui reason?

tboonk
17-04-11, 18:11
sorry for posting a unrelated question here, but I believe many frequent forumers do look at this thread since this is one of the most recent launches this month...

Question: I noted recently that streetsine stopped providing the detailed unit transaction info. Does anyone know of any other FOC website that provides such info?

kingkong1984
17-04-11, 18:53
sorry for posting a unrelated question here, but I believe many frequent forumers do look at this thread since this is one of the most recent launches this month...

Question: I noted recently that streetsine stopped providing the detailed unit transaction info. Does anyone know of any other FOC website that provides such info?
U go to ura, info there but no unit number. I believe if u r a paying member for street sine, u can still get unit number.

Good sales for 8 courtyard is good news for everyone with vested interest.

Xan
17-04-11, 19:23
U go to ura, info there but no unit number. I believe if u r a paying member for street sine, u can still get unit number.

Good sales for 8 courtyard is good news for everyone with vested interest.

Haa, prob I'm the more pessimistic kind and worried with good sales along the way, there are more cooling measures.

Yap recently can't assess streetsine. I've posted this a few weeks back. Need some sub fee to view details. Thanks

mantrix
17-04-11, 19:54
Today developer increased list prices by 4% (!)
15% discount still applies but everything is 4% higher - translates to around 31k on average for 3 bedder. A new stack is released (non premium) but already 80% sold I think...

devilplate
17-04-11, 20:07
Today developer increased list prices by 4% (!)
15% discount still applies but everything is 4% higher - translates to around 31k on average for 3 bedder. A new stack is released (non premium) but already 80% sold I think...
I tink only applies to new released stack

Xan
17-04-11, 20:14
Today developer increased list prices by 4% (!)
15% discount still applies but everything is 4% higher - translates to around 31k on average for 3 bedder. A new stack is released (non premium) but already 80% sold I think...

Sigh.... Typical FEO

kingkong1984
17-04-11, 20:19
I tink only applies to new released stack


Phase 1 cheapest

Phase 2 not cheaper than cheapest

Phase 3 cheap

Phase 4 no longer cheap

Phase 5 most ex there. Keep the best for last.

mantrix
17-04-11, 22:11
Sigh.... Typical FEO

What is non-typical is that they took away the buffet on the 2nd day! :(

Xan
17-04-11, 22:18
What is non-typical is that they took away the buffet on the 2nd day! :(

Hmm, the selling price too low until the profit margin can't cover the buffet cost for whole weekend?

Wild Falcon
17-04-11, 22:26
No lah. Wont have more cooling measures. In any case, the pricing is quite reasonable. Most of the upgraders in Yishun who bought their Yishun HDB flat cheap and fully paid will have no problem upgrading.


Haa, prob I'm the more pessimistic kind and worried with good sales along the way, there are more cooling measures.

Yap recently can't assess streetsine. I've posted this a few weeks back. Need some sub fee to view details. Thanks

kaizhe
18-04-11, 02:52
The launch of 8 courtyard at low price has a few implications:
1) both the two rubies would be dead. 8 courtyard set a low benchmark. The price of two rubies can never exceed 700psf, given 8courtyard is new and comes with thematic concept and is launching now between 700+ psf.
2) developer aims to clear as fast and as many units as possible, thus result in good response from public and will be a sold out project.
3) from investment point of view, it should take more than 4 years for 8courtyard subsale to take place due to 4yrs SSD. Because the profit margin will be very little given that location and will not be able to cover the SSD, not even the 4th yr SSD. If for own stay, then no issue.
4) it will only make logical sense for 2 rubies to transact 100psf lesser than 8courtyard. If 8courtyard subsale lousy, then the 2 rubies can eat grass already. Which means while waiting for 8 courtyard subsale to take place after 4yrs, the transact price of the two rubies will be kept around 600+psf for four years.
To summarize, the launch of 8courtyard at that location with that kinda low price has inevitably restricted the price of the two rubies. If I'm the resident of either one ruby, I will be very worried. 8courtyard had sabo the two rubies. Unless the missing mrt is built there, then it's a diff game. Just my :2cents: :ashamed1:

u got a point here, but do u think that with 2 rubies attack the courtyard and courtyard counter-attack, the price will stuck at ard 700,800 psf, unable to move up? For example, rubies sell at ard 600psf, courtyard wan to sell at 900-1000psf, how the market will react? will the market use rubies to bargain the psf of courtyard?

kaizhe
18-04-11, 02:53
sorry for posting a unrelated question here, but I believe many frequent forumers do look at this thread since this is one of the most recent launches this month...

Question: I noted recently that streetsine stopped providing the detailed unit transaction info. Does anyone know of any other FOC website that provides such info?

I have the access to realis, pm me if anyone needs the transaction details :)

kingkong1984
18-04-11, 03:34
u got a point here, but do u think that with 2 rubies attack the courtyard and courtyard counter-attack, the price will stuck at ard 700,800 psf, unable to move up? For example, rubies sell at ard 600psf, courtyard wan to sell at 900-1000psf, how the market will react? will the market use rubies to bargain the psf of courtyard?

The description is wrong. Both rubies are friendly to 8. It is 8 who is not friendly to rubies. Rubies got along very well with one another and the design is almost similar to one another (off the same plan?). It is the new kid on the block that placed a cap. Spoilt market.

If 8 sells at 9xx psf, rubie will always be cheaper than it, got chance to hit 8xx psf.

If 8 sells at 8xx psf, rubies will always be cheaper than it, got chance to hit 7xx psf.

so if 8 sells for 7xx psf, rubies will continue to be cheaper than it. Only got chance to sell at 6xx psf.

if 8 sells for 6xxpsf, rubies no more.

azeoprop
18-04-11, 07:55
:doh: could have bought a 2 bedder here for almost the same price as my waterfront isle 1 bedroom!

Xan
18-04-11, 08:18
:doh: could have bought a 2 bedder here for almost the same price as my waterfront isle 1 bedroom!

Most pple might think that way but i beg to differ. The location are completely different. One comes with reservoir and mrt while 8 comes with nothing. It's like I bought 1 bedder the sail and I post my regret saying I could hv bought a penthouse instead in a suburb area. Both are same price.

Xan
18-04-11, 08:40
u got a point here, but do u think that with 2 rubies attack the courtyard and courtyard counter-attack, the price will stuck at ard 700,800 psf, unable to move up? For example, rubies sell at ard 600psf, courtyard wan to sell at 900-1000psf, how the market will react? will the market use rubies to bargain the psf of courtyard?

Whether 8 courtyard can sell how much down the road I will not know. But certainly it is not a location to die for and I feel 700+psf to at most 800psf is still acceptable right now. The 2 rubies are not in control in the game, they hv to follow the price of 8courtyard. But 8 courtyard's potential is limited by it's location and it makes no sense to go up to 900psf in short term. Or maybe in short, I would hv thought 8courtyard price is controlled by both CR and estuary which r in better location. If CR and estuary cannot hit 1k psf, 8courtyard would stuck behind them forever.

In premier league context, @ yishun

Both Estuary and CR are division 1 team

8courtyard at division 2. (just becoz it is newest right now, but might relegate anytime when it is older due to poor location)

Orchid park condo at division 3 (better location but too old)

2 rubies are basically not in the league right now.

Xan
18-04-11, 08:44
No lah. Wont have more cooling measures. In any case, the pricing is quite reasonable. Most of the upgraders in Yishun who bought their Yishun HDB flat cheap and fully paid will have no problem upgrading.

Yap, u got a point when in cases the price are reasonable. If not, if garment can't attack seller effectively, they will turn to target buyer. Simply by increasing the stamp duty.

devilplate
18-04-11, 08:44
Most pple might think that way but i beg to differ. The location are completely different. One comes with reservoir and mrt while 8 comes with nothing. It's like I bought 1 bedder the sail and I post my regret saying I could hv bought a penthouse instead in a suburb area. Both are same price.
Isle take how long to walk to future mrt? Somehow not convince to hit under 10mins.....nxt time, tenants wud prefer key, den wave.... Den gold/isle if they dun drive.....

mantrix
18-04-11, 10:06
The description is wrong. Both rubies are friendly to 8. It is 8 who is not friendly to rubies. Rubies got along very well with one another and the design is almost similar to one another (off the same plan?). It is the new kid on the block that placed a cap. Spoilt market.

If 8 sells at 9xx psf, rubie will always be cheaper than it, got chance to hit 8xx psf.

If 8 sells at 8xx psf, rubies will always be cheaper than it, got chance to hit 7xx psf.

so if 8 sells for 7xx psf, rubies will continue to be cheaper than it. Only got chance to sell at 6xx psf.

if 8 sells for 6xxpsf, rubies no more.

you are all wrong. Ruby is another type of semi-precious stone. Sapphire, Emerald, belong to that category too.

I was thinking 8Courtyards might be called Yishun Ruby cos they already have sapphire (blue), emerald (green) so they need ruby (red) - then blue green red which forms the basic components of color for your TV.

You should refer to Yishun Sapphire and Yishun Emerald as the other jewels instead :D :cool-punk-headbange

yyly1327
18-04-11, 10:16
Althong the rubies are not in demand now, but the size of the development is just nice around 400+ units. 8CY with 654 units you can anticipate alot of complains kings and queens living in it.

Went to see 8CY on Saturday...very tempted to buy, those who bought Canopy must to banging the walls now.:banghead:

yyly1327
18-04-11, 10:24
just got sms from the agent... 15% discount reduced to 14%...:doh:

mantrix
18-04-11, 10:32
Althong the rubies are not in demand now, but the size of the development is just nice around 400+ units. 8CY with 654 units you can anticipate alot of complains kings and queens living in it.

Went to see 8CY on Saturday...very tempted to buy, those who bought Canopy must to banging the walls now.:banghead:

Huh? Canopy owners enjoy government rebate + launch price was relatively cheap (less than 700psf)
If you compare location to location I dare say Canopy is better since amenities are next door.

If you compare the fact that Canopy owners need MOP of 5 years then 8CY also around the same...4 years of SSD anyways so can't flip...:2cents:

chiaberry
18-04-11, 10:36
Marketing strategy. Launch low, many ppl buy, raise prices, ppl rush to buy again thinking that next launch will raise prices even more. haha seems to work every time. :doh:

devilplate
18-04-11, 10:45
Huh? Canopy owners enjoy government rebate + launch price was relatively cheap (less than 700psf)
If you compare location to location I dare say Canopy is better since amenities are next door.

If you compare the fact that Canopy owners need MOP of 5 years then 8CY also around the same...4 years of SSD anyways so can't flip...:2cents:
Mop starts from TOP .... Whr got same.....3yrs waiting for TOP+5yrs MOP....8yrs cannot invest in another ppty!!!

devilplate
18-04-11, 10:46
Marketing strategy. Launch low, many ppl buy, raise prices, ppl rush to buy again thinking that next launch will raise prices even more. haha seems to work every time. :doh:
Far east project 1st phase buyer usually a winner....

dh
18-04-11, 11:29
Hi Everyone,

I have one query in mind. When i was talking to the banker at the 8courtyard launch, i was enquiring on loan amt eligibility.

Since i still serving existing loan, i be taking 60% loan for the new purchase.

Immed she told me its a 60% loan, thus no need to review my income ....

Err, is this the norm? applicable to most banks? Should I check again before commiting to any property purchase?

Thanks.

casperwestie
18-04-11, 11:38
Hi Everyone,

I have one query in mind. When i was talking to the banker at the 8courtyard launch, i was enquiring on loan amt eligibility.

Since i still serving existing loan, i be taking 60% loan for the new purchase.

Immed she told me its a 60% loan, thus no need to review my income ....

Err, is this the norm? applicable to most banks? Should I check again before commiting to any property purchase?

Thanks.

For a 2nd property, max loan is 60%. The bank's risk is substantially lesser if compared to someone taking a 80% loan. If you are still working and young, and taking max repayment period, the bank's requirement for min annual income is quite low (compared to a 80% loan). That is why you may have the impression like they don't need to review your income. Still it is best to have the bank officer assess based on your proof of income etc.

Xan
18-04-11, 12:06
Althong the rubies are not in demand now, but the size of the development is just nice around 400+ units. 8CY with 654 units you can anticipate alot of complains kings and queens living in it.

Went to see 8CY on Saturday...very tempted to buy, those who bought Canopy must to banging the walls now.:banghead:

Yap, the quantum is low and frankly speaking If I got the $$ I will also be
tempted to buy even though location jia lat, better than put money in the banks for 4 years. Too bad $$ still stuck in some loans in some properties. Cannot afford to pay 40% upfront.
No matter what, u can't compare canopy and 8CY. One is EC and one is private. 8CY with this kinda price still beat canopy.

bargain hunter
18-04-11, 12:15
when u pay 40% upfront, there is no need to review income because the risk to the bank is very low. Before the cooling measures, if someone elects to put 40% downpayment, also means no need to review income so it is not new and it is common.


Hi Everyone,

I have one query in mind. When i was talking to the banker at the 8courtyard launch, i was enquiring on loan amt eligibility.

Since i still serving existing loan, i be taking 60% loan for the new purchase.

Immed she told me its a 60% loan, thus no need to review my income ....

Err, is this the norm? applicable to most banks? Should I check again before commiting to any property purchase?

Thanks.

linchong84
18-04-11, 12:15
Althong the rubies are not in demand now, but the size of the development is just nice around 400+ units. 8CY with 654 units you can anticipate alot of complains kings and queens living in it.

Went to see 8CY on Saturday...very tempted to buy, those who bought Canopy must to banging the walls now.:banghead:



EC buyers are people who earn less than 10k a mth.. majority are first timers ie they are young and don't have much cpf or cash.. So they buy to stay there for at least 5-10 years.. since canopy is cheaper by 100-150psf, and they dun intend to sell it soon, the MOP shouldn't be a concern to them.. and given their profile, high chance they empty their cpf and a lot of savings to buy canopy, so they are unlikely to be able to afford to buy another property within the next 10 years, so they wun regret buying EC which is significantly cheaper but offering the same deal.. the constraints with EC dun really affect the majority of them..

Xan
18-04-11, 12:30
EC buyers are people who earn less than 10k a mth.. majority are first timers ie they are young and don't have much cpf or cash.. So they buy to stay there for at least 5-10 years.. since canopy is cheaper by 100-150psf, and they dun intend to sell it soon, the MOP shouldn't be a concern to them.. and given their profile, high chance they empty their cpf and a lot of savings to buy canopy, so they are unlikely to be able to afford to buy another property within the next 10 years, so they wun regret buying EC which is significantly cheaper but offering the same deal.. the constraints with EC dun really affect the majority of them..

Hmm, not really true. A person with household income of 9k can still afford 8CY and hold it for 4 years after which he can sell it off with some profit. Canopy buyers need to wait for total of at least 8 to 9 years before they can sell it off. Why I know because I belong to those group with income less than 10k but bought my first property and stayed awhile and sell it off with some profit. The 5 years MOP matters to me a lot.

mantrix
18-04-11, 12:44
U did the right thing...

linchong84
18-04-11, 13:03
Hmm, not really true. A person with household income of 9k can still afford 8CY and hold it for 4 years after which he can sell it off with some profit. Canopy buyers need to wait for total of at least 8 to 9 years before they can sell it off. Why I know because I belong to those group with income less than 10k but bought my first property and stayed awhile and sell it off with some profit. The 5 years MOP matters to me a lot.


Yah 9k sure can afford condo.. What i meant is canopy buyers are mostly people who dun buy it for investment reasons.. so they wun regret as they dun really care abt the MOP.. they just want a condo environment in yishun to stay.. so since it's cheaper, why should they regret..

Even for people who want to make appreciation gains after 4-5 years, i feel courtyard definitely rank among the last.. property is all abt location, if location cui, the appreciation is really slow and limited.. if like you say buy and sell after SSD is over for gains, might as well buy the bedok waterfront projects or other projects that are beside future mrt station.. those are the ones that will shoot up more when the station is opened..

i still believe majority of people who bought 2 bedder and above in courtyard and canopy buy to stay and not to flip.. if it is to stay, i really dun see why courtyard is better.. maybe people buy becos their income exceed 10k so suck thumb.. if it is to flip, choose courtyard is really :beats-me-man: ... if it is for rental, perfectly good cos their 1 bedder 400+k only..

amk
18-04-11, 13:42
April is going to be a record month.
Look at all the new projects. Just saw another major one in hougang.
all the GLS sites sold last yr are coming on line now. This 8 thing is not even from the GLS!

dtrax
18-04-11, 13:57
Hi Everyone,

I have one query in mind. When i was talking to the banker at the 8courtyard launch, i was enquiring on loan amt eligibility.

Since i still serving existing loan, i be taking 60% loan for the new purchase.

Immed she told me its a 60% loan, thus no need to review my income ....

Err, is this the norm? applicable to most banks? Should I check again before commiting to any property purchase?

Thanks.

This is called asset-based loan. yes mostly 60% LTV no need review income but did the banker tell you they need to review to see if you have assets to pay off the loan? For example, they need to make sure you have the means to pay $X amount of loan u r taking for the next 24months at a 3.8% (upper range) which can be in terms of your bank statements, other assets n stuff

rattydrama
18-04-11, 13:58
nort ppty has been driving so much interest these days.

if price stablised and move up, the rest of the regions will also move.....

yyly1327
18-04-11, 14:11
there is one more new project at Miltonia close next to Orchid country club. showflat almost completed. dun know what is the selling $$:confused:

fclim
18-04-11, 14:12
I think everybody buys property for investment in the believe that prices will go up in the long term. It is only a matter of when you liquidate those investments. Certainly, if ECs and Pte Condos are exactly the same price, I am sure most people will go for Pte Condos instead of ECs due to the restrictions.

mantrix
18-04-11, 14:13
there is one more new project at Miltonia close next to Orchid country club. showflat almost completed. dun know what is the selling $$:confused:

really? That will be a good place for investment and should have some pretty good views...800psf i take :D

dh
18-04-11, 14:49
Thanks the infor and advice with regards to the 60% loan. Shall be getting the banker to review and commit loan amount prior purchase, better be safe thank sorry. else not so nice to come up to forum and ask for loan :scared-4:

Dtrax, mmmm....assets base lending, this must be how pple purchase multiple properties by using existing one as collateral?

dh
18-04-11, 14:59
quiet with lush greenery. low rise reservior view.

amenities at vista spring bto across the road. hv shop, minimart, coffee shop.

further down, at occ, jap restuarant, peach garden and ntuc.

any unit around 500k, i take.


really? That will be a good place for investment and should have some pretty good views...800psf i take :D

moomooteo
18-04-11, 16:00
Thanks the infor and advice with regards to the 60% loan. Shall be getting the banker to review and commit loan amount prior purchase, better be safe thank sorry. else not so nice to come up to forum and ask for loan :scared-4:

Dtrax, mmmm....assets base lending, this must be how pple purchase multiple properties by using existing one as collateral?

In this type of asset based loan, you have to come out the upfront payment.

Meaning say if bank grant you 60% loan for a 1mil property. U have to come out with the front 40% using combination of cash and cpf. The loan will only disburse after u have paid the full 40%. Meaning, for a new property, the first 5%, the 15%,the next 10% and 10%. After that the loan will disburse for the subsequent drawdown from developer.

dh
18-04-11, 16:33
Hey, got it. Was told the same by the banker. Thanks.



In this type of asset based loan, you have to come out the upfront payment.

Meaning say if bank grant you 60% loan for a 1mil property. U have to come out with the front 40% using combination of cash and cpf. The loan will only disburse after u have paid the full 40%. Meaning, for a new property, the first 5%, the 15%,the next 10% and 10%. After that the loan will disburse for the subsequent drawdown from developer.

phantom_opera
18-04-11, 16:51
Isle take how long to walk to future mrt? Somehow not convince to hit under 10mins.....nxt time, tenants wud prefer key, den wave.... Den gold/isle if they dun drive.....

It is quite close from side gate about 400m assuming MRT behind Baywater, I have tried.

This low pricing of 8courtsyard sabo Canberra / Estuary subsales also :doh:

How come FEO can sell Seletar > 1kpsf but this one just firesales ?!

dtrax
18-04-11, 16:59
Thanks the infor and advice with regards to the 60% loan. Shall be getting the banker to review and commit loan amount prior purchase, better be safe thank sorry. else not so nice to come up to forum and ask for loan :scared-4:

Dtrax, mmmm....assets base lending, this must be how pple purchase multiple properties by using existing one as collateral?

Depends, my usual margin for all my properties all 60% LTV which is based on asset-based loans. Check with the banker for more details but I am pretty sure he/she is referring to asset-based loan since income statements not required