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wow this thread is now 220 pages long... has anybody stopped to think why?
it's simply because the 'record' pricing of WT is so polarizing, that it sets off debate. The sentiments and opposing views here almost exactly mirror those in 98/99, and at that point for PC the hot 'record' areas was hillview, and for HDB it was punggol with the PG21 story. property for own stay is a function of affordability, as own-stay properties are an expense. but property for investment should be examined like every other investment - you buy low, and sell high.
would you invest a record price of over 50% premium in a penny stock company, in an unproven sub-sector, facing almost unlimited competition and new companies springing up every other week, against a backdrop of global economic uncertainty, where the government has warned against, and where the larger sector is already facing a slowdown? just because the penny stock company held an excellent roadshow, made queues of people lining up, pricing it up 70% above par and giving a 20% 'discount'?
it is one thing rationalizing one's purchase. it's a totally different thing when people sit on the fence and are swayed by PMs. Let them read the debates and make their own decisions. people's savings are on the line here.
do not forget the lessons of the past. investments should be rational, and not swept up by emotion or 'michael jackson concert' showflats with lots of lights and smoke.
every person i talk to - middle class, upper middle, hnwi - all uses wt as a benchmark of the craziness of the mass market property prices. it's used as the butt of jokes now. let's hope that they are wrong.
A very well written and seemingly flawless analysis that comes from bro gfoo, and I must credit you are indeed a very rational person.
Lets do a quick head count here, who are those who against buying WT (due to its crazy price, economy uncertainty, high int rate in future etc)
My list includes: bro amk, testtest, minority, rosy, devil, teddybear, fclim, solsys and probably bro gfoo himself. Did I miss out any?
Lets see who are vested in WT.
My list includes bro paranex77, molotov, pineapple and myself.
I shall not list those who did not participate in this forum and shall take it as they are neutral.
Lets compare: 9 against vs 4 vested.
Hmm, I wonder who falls in the herd mentality? The against or the vested?
While I must agree michael jackson concert really creates a lot light & smoke and you probably tries to associate FEO's marketing strategy to it, but I guess the real smoke/light may came from the media. The impact of media is incredibly powerful and thats why alot of bros/sis here kiah dio (scare).
While every person you talk to - middle class, upper middle - all uses wt as the butt of jokes, I shall remain neutral and would rather suggest you to reserve your jokes and laughter till WT TOP and we shall see and review.
Like what I always say, talk is cheap. :)
I would thought savvy investors will look for gems in the resale market rather than following the herd to the swanky showflats?
How did you know those who buy WT, they did not look at resale market before they buy WT? So you are saying that those who buy resale are the smart people and those cheong new sales are less smart? :)
i dare not touch property with all the cooling measures. satisfied with what i have and collecting rental.
i am not against buying WT. however i am not encouraging either.
i always go for freehold property as i hardly sell any and would just keep it for passive income with no worries about decaying lease.
How did you know those who buy WT, they did not look at resale market before they buy WT? So you are saying that those who buy resale are the smart people and those cheong new sales are less smart? :)
maybe i should make some changes.
savvy investors with bigger budget should look at resale gems.
limited budget have no choice but to look at 5xxk new launches.
maybe i should make some changes.
savvy investors with bigger quantum should look at resale gems.
limited budget have no choice but to look at 5xxk new launches.
How did you know prior to those who bought WT, they never invest in resale big quantum before?
Are you stereotyping?
FYI, my 2nd prop is a resale 4 bedder. :)
How did you know prior to those who bought WT, they never invest in resale big quantum before?
Are you stereotyping?
FYI, my 2nd prop is a resale 4 bedder. :)
you like to make accusations.
you like to make accusations.
Sorry if I make you so perturbed.
I'm merely asking questions. :)
Because I really dont understand your logic behind.
Sorry if I make you so perturbed.
I'm merely asking questions. :)
i do not wish to get personal.
i do not wish to get personal.
Neither do I :)
How did you know prior to those who bought WT, they never invest in resale big quantum before?
Are you stereotyping?
FYI, my 2nd prop is a resale 4 bedder. :)
This is getting personal. You do not have to throw such questions at me.
This is getting personal. You do not have to throw such questions at me.
You get offended because you cant justify what you say.
I did not make it personal. :)
Anyway, U can just ignore me.
Kudos to FEO, build anything also can sell, maybe the Developer of the Year..:D
Let's wait 3 mth see how many exercise options n how many forfit. That would b a more true measurement .
Their silversea takes ages to sell.
Coz no mall n mrt!!! Hah hah hah!
I already made my point.
shall not recommend any projects here. People in this forum like to make unneccessary accusations.
You obviously know of good deals since you said got gems. If you are willing to share which development, the forummers here would be appreciative. Why would they accuse you? Of course, the gem must be real gem la.
You obviously know of good deals since you said got gems. If you are willing to share which development, the forummers here would be appreciative. Why would they accuse you? Of course, the gem must be real gem la.
Will be labelled as agent, vested interest etc.
So many d9,10 properties selling for 1500psf thereabouts.
I am not encouraging anyone here to invest now as i am not buying myself.
maybe i should make some changes.
savvy investors with bigger budget should look at resale gems.
limited budget have no choice but to look at 5xxk new launches.
Frankly limited budget must spend wisely .
How did you know prior to those who bought WT, they never invest in resale big quantum before?
Are you stereotyping?
FYI, my 2nd prop is a resale 4 bedder. :)
4 bedder these days can be 1000sqf too... ;)
Kenshinto80
20-02-12, 20:25
Will be labelled as agent, vested interest etc.
So many d9,10 properties selling for 1500psf thereabouts.
I am not encouraging anyone here to invest now as i am not buying myself.
But you are not agent what...share a bit bah. Be generous. :)
But you are not agent what...share a bit bah. Be generous. :)
I did not do any viewing lately as i am not buying now.
Any d9,10 decent size fh property at around 1500psf is worth looking at. However not many have 1-2 mil to spare.
I did not do any viewing lately as i am not buying now.
Any d9,10 decent size fh property at around 1500psf is worth looking at. However not many have 1-2 mil to spare.
Any 1500 for MP?? Given some recent accident in the development.
Any 1500 for MP?? Given some recent accident in the development.
Marine parade?
Coz no mall n mrt!!! Hah hah hah!
U might be just right...for once!
I did not do any viewing lately as i am not buying now.
Any d9,10 decent size fh property at around 1500psf is worth looking at. However not many have 1-2 mil to spare.
Assuming we hv 1-2 million to spare, can u list us the gem dela gem? Please? We can learn a thing or 2 from u. Please..
Perhaps i had offended some of you by mentioning 'following the herd to swanky showflats'?
Perhaps i had offended some of you by mentioning 'following the herd to swanky showflats'?
But which showroom is not swanky may I ask?
I would thought savvy investors will look for gems in the resale market rather than following the herd to the swanky showflats?
This had created a stir among those who had invested in recent new launches.
My apologies.
This had created a stir among those who had invested in recent new launches.
My apologies.
Likewise the unexpected sales of WT has created a stir amongst those not lapping up recent launches. That's why this thread is so entertainingly long.
Marine parade?
Martin Pxxxx at d9
U might be just right...for once!
Well when in rome need to speak Greek....
Assuming we hv 1-2 million to spare, can u list us the gem dela gem? Please? We can learn a thing or 2 from u. Please..
Yeah, beg....do some homework lah...haha
Well when in rome need to speak Greek....
Huh? I thot it's Athens?
Huh? I thot it's Athens?
Or Latin for Rome....:o
Or Latin for Rome....:o
Yeah. In Rome, speak Greek means u are Spartan, Roman's No. 1 enemy. Whahaha...
Yeah. In Rome, speak Greek means u are Spartan, Roman's No. 1 enemy. Whahaha...
Yeah that's why have debate ! ;)
http://2.bp.blogspot.com/_h0SQqY8ocp4/TGGzCSel3eI/AAAAAAAARoM/oSLOZrYIHMs/s400/GREATEST+07.jpg
Quite sad to see a once powerful civilization degrading to a beggar state.
http://en.wikipedia.org/wiki/Ancient_Greece .
I'm not sure how long the prosperity in Singapore can last - three generations? 1st: 1970s, 2nd: 2000s, 3rd: 2030s...
as the name define itself, CMs are meant to cool the market, not to cause prices to fall dramatically
Then I wonder why analysts/reports are saying prices will drop up to 30% after the latest CM, they should be saying the prices will moderate and remain stable....
Well, the govt will of course not call their measures as "Deflation Measures".
Then I wonder why analysts/reports are saying prices will drop up to 30% after the latest CM, they should be saying the prices will moderate and remain stable....
Well, the govt will of course not call their measures as "Deflation Measures".
Analysts aint always right. Or they will be better off as investors. Besides, that was just 1 bank whose analysis predicted a 30% fall. most of the rest were predicting a 5-15% drop. Which some of the projects like Minton are already giving a 5% discount.
Analysts aint always right. Or they will be better off as investors. Besides, that was just 1 bank whose analysis predicted a 30% fall. most of the rest were predicting a 5-15% drop. Which some of the projects like Minton are already giving a 5% discount.
The upper end of 5-15% drop is significant to me and definitely a result of "Deflation Measure" rather than "Cooling Measure".
A 10% drop for a 20% LTV on a $1m property would mean $100k wiped off from your invested equity. A margin call to top up will require $80k...
A 15% drop would of course mean almost/all your invested equity is wiped off, and that's definitely (imho) amount to a significant correction.
The upper end of 5-15% drop is significant to me and definitely a result of "Deflation Measure" rather than "Cooling Measure".
A 10% drop for a 20% LTV on a $1m property would mean $100k wiped off from your invested equity. A margin call to top up will require $80k...
A 15% drop would of course mean almost/all your invested equity is wiped off, and that's definitely (imho) amount to a significant correction.
Still have to wait n c. If it would happen the drop could be supported by the inflation we are seeing. With the government increasing cost overall in reaction of GE. We might not see much of a drop.
Just no growth.
Still have to wait n c. If it would happen the drop could be supported by the inflation we are seeing. With the government increasing cost overall in reaction of GE. We might not see much of a drop.
Just no growth.
Btw, after seeing that you are against the WT project in view of the "high" psf being reported, can you share what is the "fair" psf that you value the WT project for a decent 3-bedder?
Looking at Parc Rosewood sales reported in ST today, they are reporting average $1000 psf, which means probably about a decent 3 bedder there is about $1000psf... that would make WT command a premium of another $200psf?
Latest transacted prices by URA caveat lodged, showing 20 records on WT :
Highest priced unit 1,216sf @ $1,356 = $1.649M
http://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/transaction/submitSearch.do
Latest transacted prices by URA caveat lodged, showing 20 records on WT :
Highest priced unit 1,216sf @ $1,356 = $1.649M
http://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/transaction/submitSearch.do
hah hah hah.... this one is a Carrot... ah.
dont flame me..
:) :) :) :) :) :D :D :D :D :D
hah hah hah.... this one is a Carrot... ah.
dont flame me..
:) :) :) :) :) :D :D :D :D :D
Last 5 transactions:
WATERTOWN 73 Punggol Central #04-69 1 52 Strata 672,793 12938 1202 08-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828756 North East Region Punggol
WATERTOWN 61 Punggol Central #09-02 1 105 Strata 1,409,383 13423 1247 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828840 North East Region Punggol
WATERTOWN 69 Punggol Central #03-19 1 49 Strata 547,810 11180 1039 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828754 North East Region Punggol
WATERTOWN 63 Punggol Central #11-06 1 85 Strata 1,071,395 12605 1171 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828841 North East Region Punggol
WATERTOWN 81 Punggol Central #05-88 1 113 Strata 1,649,701 14599 1356 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale Private 19 82 828760 North East Region Punggo
Btw, after seeing that you are against the WT project in view of the "high" psf being reported, can you share what is the "fair" psf that you value the WT project for a decent 3-bedder?
Looking at Parc Rosewood sales reported in ST today, they are reporting average $1000 psf, which means probably about a decent 3 bedder there is about $1000psf... that would make WT command a premium of another $200psf?
This is a very personal preference. if you ask me I give u a no. some pple here would like and I will get flamed.
I am not interested in this area. but at the current psf is not what I would pay. some early bird got a reasonable price but like I say the rental on such size units in these areas are not tested.
So for me even at those psf I am not going to invest. If i am to look at the area I will look at props that are near WT instead and buy b4 WT launch.
If i am to look at the area I will look at props that are near WT instead and buy b4 WT launch.
That would mean ATT only.
That would mean ATT only.
In the vinicity. But now the price push up so much now very feasible unless got seller don't want to hold
Last 5 transactions:
WATERTOWN 73 Punggol Central #04-69 1 52 Strata 672,793 12938 1202 08-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828756 North East Region Punggol
WATERTOWN 61 Punggol Central #09-02 1 105 Strata 1,409,383 13423 1247 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828840 North East Region Punggol
WATERTOWN 69 Punggol Central #03-19 1 49 Strata 547,810 11180 1039 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828754 North East Region Punggol
WATERTOWN 63 Punggol Central #11-06 1 85 Strata 1,071,395 12605 1171 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale HDB 19 82 828841 North East Region Punggol
WATERTOWN 81 Punggol Central #05-88 1 113 Strata 1,649,701 14599 1356 07-FEB-2012 Apartment 99 Yrs From 18/05/2011 Uncompleted New Sale Private 19 82 828760 North East Region Punggo
Dont mind to share how to obtain these transactions which provide address and unit number as well, cant see this in URA website. Thanks dtrax.:)
not via ura public site.. its a paid subscription through realis
Dont mind to share how to obtain these transactions which provide address and unit number as well, cant see this in URA website. Thanks dtrax.:)
Streetsine.com, need subscription.
Streetsine.com, need subscription.
How much is the sub?
How much is the sub?
$39............
Not Hermes bag floating to punggol but real leather crocs seen in sengkang river...:scared-1:
Not Hermes bag floating to punggol but real leather crocs seen in sengkang river...:scared-1:
Crocodile? Or Lactose?
Crocodile? Or Lactose?
It is Lacoste.... Lactose is something like milk sugar.
It is Lacoste.... Lactose is something like milk sugar.
haaa. So should producer of lactose sue lacoste for trademark infringement like how crocodide sued lacoste?:)
a link from propertyguru saying rent dropped 20% http://www.propertyguru.com.sg/property-management-news/2012/2/32377/rental-prices-down-20-in-singapore?cmp=topc&src=fp (http://www.propertyguru.com.sg/property-management-news/2012/2/32377/rental-prices-down-20-in-singapore?cmp=topc&src=fp)
i kinda agree with the commentor of this report - just one example of owner lowering rent from 24k to 19k and the headline is rent dropped 20% in Singapore.
i almost fell off my chair when i read this headline .. very misleading. Anyway guess the exp estate gets the brunt .. 24K for a mth? prob a bungalow
... all uses wt as the butt of jokes, I shall remain neutral and would rather suggest you to reserve your jokes and laughter till WT TOP and we shall see and review.
You know, sometimes money is made where you see opportunities and others don't. So I respect your courage and "think-out-of-the-box" analysis.
You dun need to feel offended when some one says this investment is bad. The various negative view points presented here help others to make informed decision. It may even help you to see some areas you may overlook. (for example, which FEO mall is as successful as CAPL's malls ?) In this thread, apart from a few emotional outbursts, most of the posts are rational and objective. We all can read and conclude in our own way. There is no need to accuse this and that. Most members in this forum are mature enough to be able to engage in a meaningful discussion, unlike some other forums.
After all investment is a very personal affair. You have the risk appetite, and you are fully responsible for whatever outcome it brings. This is already far better than some newly joined members who blame everything on the government and expect the gov to do this and that to fulfill their condo dream
This is already far better than some newly joined members who blame everything on the government and expect the gov to do this and that to fulfill their condo dream
Whether it is to fulfill their "dream" to get a condo or their first flat (HDB included), it is proven that there is a general unhappiness on the ground blaming the govt during the last GE, not only in this forum.
haaa. So should producer of lactose sue lacoste for trademark infringement like how crocodide sued lacoste?:)
lactose is a not a trademark (yet), can't sue. and in any case, the spelling is obviously different.
a link from propertyguru saying rent dropped 20% http://www.propertyguru.com.sg/property-management-news/2012/2/32377/rental-prices-down-20-in-singapore?cmp=topc&src=fp (http://www.propertyguru.com.sg/property-management-news/2012/2/32377/rental-prices-down-20-in-singapore?cmp=topc&src=fp)
i kinda agree with the commentor of this report - just one example of owner lowering rent from 24k to 19k and the headline is rent dropped 20% in Singapore.
i almost fell off my chair when i read this headline .. very misleading. Anyway guess the exp estate gets the brunt .. 24K for a mth? prob a bungalow
Again i believe the media is singing the same song as the analysts to talk down the market, they are on a mission to do that... creates doubts and uncertainty in buyers' mind so that the buying slows, whereas the ppty agents continues (to send me their views and internal reports) saying the ppty market will continue to grow.
FEO is expert on developing residentials only not retails therefore they roped in Fraser Centrepoint, who has good track record on shopping malls. WT is under the ownership of 3 developers, jointly named as Emerald Star Pte Ltd.
Mall will be known as Waterpoint, probably managed by Frasers Centrepoint, whereas FEO will managed the residential units.:2cents:
From Business Times, 28 February 2012:
"To date, 917 of Watertown's 992 units have been taken up since sales began in January."
917 out of 992 units = 92.4% sold.
From Business Times, 28 February 2012:
"To date, 917 of Watertown's 992 units have been taken up since sales began in January."
917 out of 992 units = 92.4% sold.Really impressive... Now FEO will push for 100% or will they take their own sweet time to finish the remaining units?
Really impressive... Now FEO will push for 100% or will they take their own sweet time to finish the remaining units?
think theres article ..FEO saying will not lower price. flushed with $$$ - will take own sweet time
think theres article ..FEO saying will not lower price. flushed with $$$ - will take own sweet time
FEO style is keep some n rent out.
FEO style is keep some n rent out.
Ah i see. slack capacity. Smart
Eldenfirefly
01-03-12, 17:00
Erm, may I ask why so many attracted to WT? Its mostly 1 bedder right (I heard 500 units of 1 bedder). Was it the relatively low quantum? Should be mostly for investment right?
Question is, who are the people that will be renting at WT next time? Honestly, if you are an expat, you would rent somewhere closer to city. If you are short on budget, then you will rent a HDB. So, who are the type of people that would rent at WT?
WT not really aimed at HDB upgrader (given the huge number of 1 bedder), yet, it seems like only Singaporeans who stay in Singapore would be more comfortable with staying at Pungol. Have never known Pungol to have a large expat community.
So, in that case, what's the rationale for getting a 1 bedder there for investment property? I dun understand.
devilplate
01-03-12, 17:37
actually wif 4yrs ssd and foreigner oredi out of the game.....dun make any sense to buy ppty for investment now....wana buy aso buy ready ones to rent out asap to earn the low int rate
Erm, may I ask why so many attracted to WT? Its mostly 1 bedder right (I heard 500 units of 1 bedder). Was it the relatively low quantum? Should be mostly for investment right?
Question is, who are the people that will be renting at WT next time? Honestly, if you are an expat, you would rent somewhere closer to city. If you are short on budget, then you will rent a HDB. So, who are the type of people that would rent at WT?
WT not really aimed at HDB upgrader (given the huge number of 1 bedder), yet, it seems like only Singaporeans who stay in Singapore would be more comfortable with staying at Pungol. Have never known Pungol to have a large expat community.
So, in that case, what's the rationale for getting a 1 bedder there for investment property? I dun understand.
Pls read the pass posting. been debated/argued passionately/flamed to death. :D
Buyers got reason coz got mrt , got shopping , got water.
Non Buyers got no idea who will want such place so far away and rather go buy something nearby to cash in on the hype. Scream have better deals.
So goes figures. Each have Lee You. So depends wat u like to see.
But Those who rush in early have it better than those late comers but still might but be good deals in some of the folks eyes. ;)
So depends wat u see as value. Got MRT , Shopping n Water is good deal?
Erm, may I ask why so many attracted to WT? Its mostly 1 bedder right (I heard 500 units of 1 bedder). Was it the relatively low quantum? Should be mostly for investment right?
Question is, who are the people that will be renting at WT next time? Honestly, if you are an expat, you would rent somewhere closer to city. If you are short on budget, then you will rent a HDB. So, who are the type of people that would rent at WT?
WT not really aimed at HDB upgrader (given the huge number of 1 bedder), yet, it seems like only Singaporeans who stay in Singapore would be more comfortable with staying at Pungol. Have never known Pungol to have a large expat community.
So, in that case, what's the rationale for getting a 1 bedder there for investment property? I dun understand.
Noticed you have been singing the same tune in other property sites too.
It's basically diff perceptions between bears and bulls.
Anyway, minority is right. We argued until no day no light, who is right who is wrong in 5 yrs time we will know.
Convenience like mall, mrt, recreation cannot run away. The buyers not the least worry it can't rent or sell at cap gain.
You should post this comment at Parc rosewood site.
Their mm selling at 1k psf and yet there's so many pple jump in, given at that kinda location. But I cannot say their decision is wrong.
Who knows they might be right?
Erm, may I ask why so many attracted to WT? Its mostly 1 bedder right (I heard 500 units of 1 bedder). Was it the relatively low quantum? Should be mostly for investment right?
Question is, who are the people that will be renting at WT next time? Honestly, if you are an expat, you would rent somewhere closer to city. If you are short on budget, then you will rent a HDB. So, who are the type of people that would rent at WT?
WT not really aimed at HDB upgrader (given the huge number of 1 bedder), yet, it seems like only Singaporeans who stay in Singapore would be more comfortable with staying at Pungol. Have never known Pungol to have a large expat community.
So, in that case, what's the rationale for getting a 1 bedder there for investment property? I dun understand.
Noticed you have been singing the same tune in other property sites too.
It's basically diff perceptions between bears and bulls.
Anyway, minority is right. We already argued until no day no night, I even want to hum dum him. :D (just joking)
who is right who is wrong in 5 yrs time we will know.
Convenience like mall, cinema, mrt, recreation cannot run away. The buyers not the least worry it can't rent or sell at cap gain, esp those buy at near 1kpsf.
You should post your qns at Parc rosewood site.
Their mm selling at 1k psf and yet there's so many still jump in, given at that kinda location. But I cannot say their decision is wrong, and I'm sure they hv their reasons.
Who knows they might be right?
actually wif 4yrs ssd and foreigner oredi out of the game.....dun make any sense to buy ppty for investment now....wana buy aso buy ready ones to rent out asap to earn the low int rate
Dbr mm, 5xxsqft transact at 680k.
I buy WT similar size 120k plus cheaper.
No need waste time hoping there's fire sale for ready ones, cos I beo those ready ones very long ago already. Most owners got holding power.
DP has his point. Rental yield for those recently launched development will be rather low when TOP 4 years later. Imagine the investor who wants to buy from them will have even lower yield if the existing buyer still want to sell with a capital appreciation.
Dbr mm, 5xxsqft transact at 680k.
I buy WT similar size 120k plus cheaper.
No need waste time hoping there's fire sale for ready ones, cos I beo those ready ones very long ago already. Most owners got holding power.
DP has his point. Rental yield for those recently launched development will be rather low when TOP 4 years later. Imagine the investor who wants to buy from them will have even lower yield if the existing buyer still want to sell with a capital appreciation.
The more you should look for units that priced reasonably, by making comparisons with other projects.
If WT 1 bedder purchased at 530k to 580k, I can still see upsides.
If WT 1 bedder now priced at 680k like dbr, then the upsides for WT would be tough as future WT possible buyers needs to buy from WT owners at higher price which leads to lower rental yield. Then in this case, I rather buy dbr now.
So the moral of story is, must compare carefully.
As investor my next question is about rental demand. DBR might have more demand given his proximity from Changi Biz Park, etc.
The more you should look for units that priced reasonably.
If WT 1 bedder purchased at 530k to 580k, I can still see upsides.
If WT mm now priced at 680k like dbr, then the upsides for WT would be tough as future WT possible buyers needs to buy from WT owners at higher price which leads to lower rental yield. Then in this case, I rather buy dbr now.
Must compare carefully.
As investor my next question is about rental demand. DBR might have more demand given his proximity from Changi Biz Park, etc.
Too early to say now as punggol still developing.
Try cycling one round from Watertown to punggol promenade, punggol marina that side. Aerospace hub pretty accessible too.
Diff people see potential in diff areas.
Some even sees upsides in the north like yishun, woodland etc bro pro888.
Each has their reasons.
Dbr is well located, but WT has its great amenities and attributes which can't be denied.
WATERTOWN PUNGGOL CENTRAL Apartment 1 749,548 560 Strata 1,339 Feb-12
what upside are we talking here? :doh:
It is about risk. But Aerospace hub is closer to seletar? Investors who bought condos are also eyeing at the aerospace hub. There are lots of choices for them.
Too early to say now as punggol still developing.
Try cycling one round from Watertown to punggol promenade, punggol marina that side. Aerospace hub pretty accessible too.
Diff people see potential in diff areas.
Some even sees upsides in the north like yishun, woodland etc bro pro888.
Each has their reasons.
Dbr is well located, but WT has its great amenities and attributes which can't be denied.
WATERTOWN PUNGGOL CENTRAL Apartment 1 749,548 560 Strata 1,339 Feb-12
what upside are we talking here? :doh:
You don't have to quote the most expensive unit, FEO style is u buy late, you pay higher. You know FEO style but u still choose to be bias.
Some forumers here bought at only 530k to 580k.
Anyway, Greenwich 1 bedder 600sqft already transact at 850k To 900k plus.
That Greenwich site very good meh?
U got crystal ball to predict things? :doh:
Developer usually start selling with the less favourable units. Is it the same at Watertown?
You don't have to quote the most expensive unit, FEO style is u buy late, you pay higher. You know FEO style but u still choose to be bias.
Some forumers here bought at only 530k to 580k.
Anyway, Greenwich 1 bedder 600sqft already transact at 850k To 900k plus.
That Greenwich site very good meh?
U got crystal ball to predict things? :doh:
It is about risk. But Aerospace hub is closer to seletar? Investors who bought condos are also eyeing at the aerospace hub. There are lots of choices for them.
Likewise there are also many condos A to H around flora road near upper changi there. Simei got simei green, changi rise, sun heaven, savannah.....blah blah blah.
Talk about competition.... Hehe
You don't have to quote the most expensive unit, FEO style is u buy late, you pay higher. You know FEO style but u still choose to be bias.
Some forumers here bought at only 530k to 580k.
Anyway, Greenwich 1 bedder 600sqft already transact at 850k To 900k plus.
That Greenwich site very good meh?
U got crystal ball to predict things? :doh:
is this your standard answer?...no need to explain your WT lah, everyone knows how good it is :doh:
Developer usually start selling with the less favourable units. Is it the same at Watertown?
Hmm, usually most projects place the smaller quantum at less favorable facing.
I like the fact almost all WT units faces pool, but I dislike the maintenance fee is also quite high.
is this your standard answer?...no need to explain your WT lah, everyone knows how good it is :doh:
Likewise for u, no need find fault with WT lah, we all know u are bias,
What's new :sleep:
Enjoy your hunt for your "perfect" condo. :doh:
Hmm, usually most projects place the smaller quantum at less favorable facing.
I like the fact almost all WT units faces pool, but I dislike the maintenance fee is also quite high.
Probably because they need to maintain several pipes and pump system given that there are many pools.
Probably because they need to maintain several pipes and pump system given that there are many pools.
Ya, true. The high maintenance fee in WT is a turn off no doubt coz too many pools.
Could be due to external lighting or landscaping just like reflection.
Ya, true. The high maintenance fee in WT is a turn off no doubt coz too many pools.
Likewise for u, no need find fault with WT lah, we all know u are bias,
What's new :sleep:
Enjoy your hunt for your "perfect" condo. :doh:
well, what should we called you for calling people staying in MM as pets??? :doh:
Likewise there are also many condos A to H around flora road near upper changi there. Simei got simei green, changi rise, sun heaven, savannah.....blah blah blah.
Talk about competition.... Hehe
Speaking of competition, with ATT coming on line nearby, what do u expect the rental for ur unit to be 4yrs later ? 3k?
well, what should we called you for calling people staying in MM as pets??? :doh:
I really find that u are pathetic. Haha:doh:
Speaking of competition, with ATT coming on line nearby, what do u expect the rental for ur unit to be 4yrs later ? 3k?
Good qns, u want to trap me to say 3k then after that follow by a :doh: ? Haha
Just kidding.
Well I'm not a guru and I cannot predict. Anything can happen in the next five years. Right now I buy because I had made many comparison, those subs ales and other new launches.
I feel there's still some upside based on the price I pay lah, well u can disagree. It's simply my gut feel. Even a guru cannot predict what's gonna happen in 5 yrs time.
Anyway shall see.
I really find that u are pathetic. Haha:doh:
no wonder so many people bashed you...haha
no wonder so many people bashed you...haha
But one thing I know is they say and ask constructive things.
Unlike u.
U probably good in finding fault for the sake of doing.
Pardon my frankness. :)
But one thing I know is they say and ask constructive things.
Unlike u.
U probably good in finding fault for the sake doing.
Pardon my frankness. :)
the only i can say about you are bashing everyone who is against WT regardless of constructive ideas to contribute or not....pardon my frankness too
Good qns, u want to trap me to say 3k then after that follow by a :doh: ? Haha
Just kidding.
I already said I respect your decision so no need to explain to me.
I just want to have a feel of the rental expectation of current investors.
Are you willing to take just 3%, or you are expecting it to be at least 6% ?
I already said I respect your decision so no need to explain to me.
I just want to have a feel of the rental expectation of current investors.
Are you willing to take just 3%, or you are expecting it to be at least 6% ?
Need to wait till it TOPed and evaluate between cap gain vs rental yield.
Even harbour the thought of using it as weekend stay. Lol
Too early to say now as punggol still developing.
Try cycling one round from Watertown to punggol promenade, punggol marina that side. Aerospace hub pretty accessible too.
Diff people see potential in diff areas.
Some even sees upsides in the north like yishun, woodland etc bro pro888.
Each has their reasons.
Dbr is well located, but WT has its great amenities and attributes which can't be denied.
especially properties along yishun ave 1....prices had creeped up very fast north :D
devilplate
01-03-12, 21:20
2k shd be ok bah.....sengkang punggol 4rm flat rental about 2.2-2.5k now
If wt 1bdr can fetch 3k....i will be happy for them too....d1 mm shd fetch 5k den ....hehehehe
Parc rosewood mm prolly 1.5-1.8k lor
especially properties along yishun ave 1....prices had creeped up very fast north :D
North got potential because it's a mature estate and it is price lower than other region, naturally got upsides.
Actually I quite gian the nautical and yishun hub. But yishun hub took quite long.
the only i can say about you are bashing everyone who is against WT regardless of constructive ideas to contribute or not....pardon my frankness too
U really think u r the winner if someone criticize my opinion?
Then u really childish and pathetic.
U lack security? :D
2k shd be ok bah.....sengkang punggol 4rm flat rental about 2.2-2.5k now
If wt 1bdr can fetch 3k....i will be happy for them too....d1 mm shd fetch 5k den ....hehehehe
Parc rosewood mm prolly 1.5-1.8k lor
Quite a safe and logical prediction.
Let's hope for miracles. :)
Eldenfirefly
01-03-12, 21:27
Doesn't answer my question leh. It near MRT, plus the water, plus some shopping means it will be attractive, I can understand, if its from a Singaporean point of view who want to stay in it.
But like I said, it seems that WT has a lot of one bedders (500). So, it seems to be catering to a lot of the investor crowd. If you buy WT as investment property, then you want to be able to rent it out right?
So, what's the appeal of WT to a person looking to rent? An expat will want to stay much nearer town centre. Why would expat want to stay in Pungol?
Maybe they will transform Pungol into a nice nice place to live in over the next 5 years. Its certainly possible. But it will then still be attractive more so to Singaporeans rather than to expats even then.
If renting it out is going to be a big problem, then its attractiveness as an investment property goes down. So, again my question is, what's the attractiveness of WT as investment property?
Doesn't answer my question leh. It near MRT, plus the water, plus some shopping means it will be attractive, I can understand, if its from a Singaporean point of view who want to stay in it.
But like I said, it seems that WT has a lot of one bedders (500). So, it seems to be catering to a lot of the investor crowd. If you buy WT as investment property, then you want to be able to rent it out right?
So, what's the appeal of WT to a person looking to rent? An expat will want to stay much nearer town centre. Why would expat want to stay in Pungol?
Maybe they will transform Pungol into a nice nice place to live in over the next 5 years. Its certainly possible. But it will then still be attractive more so to Singaporeans rather than to expats even then.
If renting it out is going to be a big problem, then its attractiveness as an investment property goes down. So, again my question is, what's the attractiveness of WT as investment property?
Try staying in siglap jalan tua kong there and try time yourself how long u need to walk out to reach a bus stop. Not all near city are convenient.
The mm I just off loaded is bought by a PRC couple who bought for self stay.
Not all investors lah
devilplate
01-03-12, 21:35
Try staying in siglap jalan tua kong there and try time yourself how long u need to walk out to reach a bus stop. Not all near city are convenient.
The mm I just off loaded is bought by a PRC couple who bought for self stay.
Yes i also notice more buyer looking mm for own stay....i guess ppty had risen too fast too furious liao
2k shd be ok bah.....sengkang punggol 4rm flat rental about 2.2-2.5k now
If wt 1bdr can fetch 3k....i will be happy for them too....d1 mm shd fetch 5k den ....hehehehe
Parc rosewood mm prolly 1.5-1.8k lor
4 rm flat can get 2k plus because 3 FT share. 1bd just one FT need to pay 2k, hmm not sure. I think 1.5k also. Imagine low end FT pay only 3-4k only, 2k goes to rent ?
Actually 1bd at outskirts is an untested market. how is centris 1bd doing ? Jurong has more FTs staying.
devilplate
01-03-12, 21:37
4 rm flat can get 2k plus because 3 FT share. 1bd just one FT need to pay 2k, hmm not sure. I think 1.5k also. Imagine low end FT pay only 3-4k only, 2k goes to rent ?
Actually 1bd at outskirts is an untested market. how is centris 1bd doing ? Jurong has more FTs staying.
Centris dun hf 1bdr....2bdr can fetch 3-3.5k.....lakeshore 2bdr aso about the same rental......2bdr can fetch about 4psf hor...tats y u see they selling 1kpsf....power
Perhaps 1bdr , 1 couple or 2gers lor...
Btw, i noe 4rm flat usually 4-6 worker sharing lor....wakakaka
Doesn't answer my question leh. It near MRT, plus the water, plus some shopping means it will be attractive, I can understand, if its from a Singaporean point of view who want to stay in it.
But like I said, it seems that WT has a lot of one bedders (500). So, it seems to be catering to a lot of the investor crowd. If you buy WT as investment property, then you want to be able to rent it out right?
So, what's the appeal of WT to a person looking to rent? An expat will want to stay much nearer town centre. Why would expat want to stay in Pungol?
Maybe they will transform Pungol into a nice nice place to live in over the next 5 years. Its certainly possible. But it will then still be attractive more so to Singaporeans rather than to expats even then.
If renting it out is going to be a big problem, then its attractiveness as an investment property goes down. So, again my question is, what's the attractiveness of WT as investment property?
Too lazy to repeat the attractiveness of WT. you can read from previous posts.
Wait people say I defensive...lol...ok good night.
Eldenfirefly
01-03-12, 21:41
Expats who are staying in Jurong work at Jurong or Tuas. Stay in Pungol, not really very close to any major industiral or CBD area leh. Its not even close to Changi airport...
I dunno. Maybe Singapore property really becoming so ex that people are willing to stay in a one bedder. But even then, once you have children, one bedder is out of the question already. Even for those who want home stay, a one bedder caters to a very limited crowd leh. Strictly singles or couples with no children...
Yes i also notice more buyer looking mm for own stay....i guess ppty had risen too fast too furious liao
Because ppty price getting higher and higher, those can't afford high quantum will turn to buying mm for self stay. This trend is getting more and more common nowadays.
Expats who are staying in Jurong work at Jurong or Tuas. Stay in Pungol, not really very close to any major industiral or CBD area leh. Its not even close to Changi airport...
I dunno. Maybe Singapore property really becoming so ex that people are willing to stay in a one bedder. But even then, once you have children, one bedder is out of the question already. Even for those who want home stay, a one bedder caters to a very limited crowd leh. Strictly singles or couples with no children...
That's explains why Singapore birth rate so low.
I got a friend married for 10 yrs still preaching no kids theory.
Centris dun hf 1bdr....2bdr can fetch 3-3.5k.....lakeshore 2bdr aso about the same rental
Perhaps 1bdr , 1 couple or 2gers lor...
Btw, i noe 4rm flat usually 4-6 worker sharing lor....wakakaka
That's the peculiar thing about 1bd, it has to be one person or a couple. Majority are shared FTs. They can pay 3k collectively, but on his own 2k is costly.
Now the lowest EP1 salary is 7k, at this level, they should get a housing allowance of at least 3k already, so they will look for units that cost about 3k plus. This rules out the 1bd at outskirts as they can afford better. Ur Clift will be just nice, top up a bit.
So who's left to rent 1bd alone ? WP holders sure will find it too expensive.
devilplate
01-03-12, 21:52
That's the peculiar thing about 1bd, it has to be one person or a couple. Majority are shared FTs. They can pay 3k collectively, but on his own 2k is costly.
Now the lowest EP1 salary is 7k, at this level, they should get a housing allowance of at least 3k already, so they will look for units that cost about 3k plus. This rules out the 1bd at outskirts as they can afford better. Ur Clift will be just nice, top up a bit.
So who's left to rent 1bd alone ? WP holders sure will find it too expensive.
Clift surely no prob....many corporate lease providing 4k allowance now :D
As for wt.....i will avoid 1bdr too.....2bdr will be ideal and less competition too!
1bdr must at least within city fringe imo......single expats love to stay in the town....happening mah....punggol...hmmmm...no comments....lol
Clift surely no prob....many corporate lease providing 4k allowance now :D
As for wt.....i will avoid 1bdr too.....2bdr will be ideal and less competition too!
1bdr must at least within city fringe imo......single expats love to stay in the town....happening mah....punggol...hmmmm...no comments....lol
Wt 2 bedder got more competitions, esp those ATT 2 bedders.
You bought Clift at new launch or sub sale?
Eldenfirefly
01-03-12, 21:58
Yeah. If near town I can understand. But even so, 1 bedders will still find it a challenge. My wife got expat friend who is ideal MM candidate. He is single person staying here in Singapore, earn good pay, and he likes condo facilities.
But in the end, he still rent a 2 bedder. He says to cater to occasions if he have friends who want to visit him in Singapore. And the 2 bedder he rented was near town also...
U really think u r the winner if someone criticize my opinion?
Then u really childish and pathetic.
U lack security? :D
i winner for what...4D seow u!!!
ikan bilis
01-03-12, 22:04
questions....
for wt, what would be the difference in rent for 1bdr and 2bdr??... let's say if it is already top-ed today....
:rolleyes:
i winner for what...4D seow u!!!
Ok ok, u win.
I go sleep Liao.
Buay tahan already.
Bruises all over, Kenna bashed left right centre.
Good night.
Haha :D
Eldenfirefly
01-03-12, 22:06
Nobody knows. :) But I think will have more demand for 2 bedders, so rent commanded should be higher. But I am guessing only. In the end, location is important to people who are renting. And Pungol isn't exactly big on the radar of people who rent ...
devilplate
01-03-12, 22:09
Wt 2 bedder got more competitions, esp those ATT 2 bedders.
You bought Clift at new launch or sub sale?
Wt 2bdr preview abt 950-1kpsf rite? I tink better buy den att 2bdr which is also around 950psf and poorer furnishing
Xan very chiam. Spend few hundred k le come her tio left right centre.....
But i think its ok, cos he place his bet on where he believes. personally i believe CCR is a better buy now that price have converge so much. i m sure punggol have its charm also, proven by so many launches in punggol area all snaped up.
Of course my fav is D10, n nobody is going to talk me out of it.hhahaha
Punggol and sengkang is HUGE. Next time children grow up liao all want to stay near parents will have very strong demand.
wah suddenly here so active all converge here again.....
NorthernStar
01-03-12, 22:20
Expats who are staying in Jurong work at Jurong or Tuas. Stay in Pungol, not really very close to any major industiral or CBD area leh. Its not even close to Changi airport...
I dunno. Maybe Singapore property really becoming so ex that people are willing to stay in a one bedder. But even then, once you have children, one bedder is out of the question already. Even for those who want home stay, a one bedder caters to a very limited crowd leh. Strictly singles or couples with no children...
ore Singaporeans are staying single
By Claire Huang | Posted: 22 June 2010 1645 hrs
Photos 1 of 1
Street scene in Singapore
inShare
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SINGAPORE: Singapore's resident Total Fertility Rate (TFR) fell to its lowest at 1.22 in 2009. This is in line with the general trend of higher singlehood rates and later marriages.
The "Population in Brief 2010" publication also noted that marriages between citizens and non-citizens have gone up.
Singaporeans are having fewer children. The National Population Secretariat said this might have to do with the global recession in late 2008.
It added that the impact was smaller compared to previous economic downturns.
This perhaps explains the lowest TFR of 1.22 last year.
The Chinese continued to have the lowest TFR followed by Indians and Malays.
The rate for Malays showed the most significant decline over the past decade.
The median age of citizen mothers at first birth increased from 28.6 years in 1999 to 29.6 years in 2009.
The decline was more pronounced among the younger cohorts aged 30-39 years.
Based on current trends, the National Population Secretariat said this group is less likely to achieve an average of two children by the time they reach 40-49 years old.
Overall, the fertility rates for the prime childbearing age of 20-34 years declined between 1999 and 2009.
The peak childbearing age group also shifted from 25-29 to 30-34 years.
The low TFR may also be due to more Singaporeans staying single.
Last year, of those aged 30 to 34, 42 per cent of men remained single, up from 33 percent ten years ago.
Likewise, 30 percent of women remained single compared to 22 percent in 1999.
Singlehood rates were the highest among males with below secondary educational qualifications and among females with university qualifications.
The secretariat added that those who marry are doing so later.
More are also marrying foreigners from around Asia.
The general marriage rate for male citizens dropped from 53 per 1,000 unmarried males in 1999 to 42 per 1,000 unmarried males in 2009.
Similarly, marriage rates for female citizens also fell from 56.0 to 38.2 over the same period.
The NPS said between 1999 and 2009, the median age of citizens at first marriage increased by one and a half years from 28.4 to 29.9 years for males, and from 25.9 to 27.4 years for females.
Proportionately, more Singaporeans are marrying non-citizens.
Such marriages increased by 10 per cent over the past decade from 31 per cent in 1999 to 41 per cent in 2009.
In particular, close to 80 per cent of such marriages were between Singapore men and foreign brides.
The majority of non-citizen spouses came from Asia, although non-citizen grooms came from more diverse regions. - CNA/vm
Yeah. If near town I can understand. But even so, 1 bedders will still find it a challenge. My wife got expat friend who is ideal MM candidate. He is single person staying here in Singapore, earn good pay, and he likes condo facilities.
But in the end, he still rent a 2 bedder. He says to cater to occasions if he have friends who want to visit him in Singapore. And the 2 bedder he rented was near town also...
Which expat wants to rent a 1 or even 2 br in wt, and take 30mins mrt and enjoy BO to work in CBD everyday? If drive, likely get stuck during peak hrs, no way for angmor. Only possibility is those working near there, but there is nothing much around. for investment it has to be location x3
these are sad times where developers have fooled all buyers by raising psf and reducing home sizes that is really a pity - earlier days people's aspirations were to move on from 1 room flat to a larger 3 or 4 bedder but these days all are running for MMs - reverse aspirations or....
these are sad times where developers have fooled all buyers by raising psf and reducing home sizes that is really a pity - earlier days people's aspirations were to move on from 1 room flat to a larger 3 or 4 bedder but these days all are running for MMs - reverse aspirations or....
their aspirations are now private pool and private "jaga" (guard).
Which expat wants to rent a 1 or even 2 br in wt, and take 30mins mrt and enjoy BO to work in CBD everyday? If drive, likely get stuck during peak hrs, no way for angmor. Only possibility is those working near there, but there is nothing much around. for investment it has to be location x3
Your assumption is everyone works in CBD, seriously naive and stereotyping statement. As far as most of the people I know (degree/masters holders) is concerned, they worked in outskirt region, including myself.
Thank you for shouting location x 3.
WT definitely has all the convenience. :D
Your assumption is everyone works in CBD, seriously naive and stereotyping statement. As far as most of the people I know (degree/masters holders) is concerned, they worked in outskirt region, including myself.
Thank you for shouting location x 3.
WT definitely has all the convenience. :D
Sometimes we just need assurance and the others' agreement on decisions made to feel at peace.
Lets just congratulate Xan's purchase and wish him the best :D :D :D
Sometimes we just need assurance and the others' agreement on decisions made to feel at peace.
Lets just congratulate Xan's purchase and wish him the best :D :D :D
Bro testx2 definitely need more assurance from others to support his stereotyping statement. Like what he always said, I every time kenna bash mah. Haha... Maybe I too thick skin. Lol
their aspirations are now private pool and private "jaga" (guard).
private jaga no used lah...i've seen many :sleep:....haha
Wt 2bdr preview abt 950-1kpsf rite? I tink better buy den att 2bdr which is also around 950psf and poorer furnishing
Hmm good point, then why all these dudes keep shouting buy WT carrot head, even buy at preview? Haha. Im puzzled.
these are sad times where developers have fooled all buyers by raising psf and reducing home sizes that is really a pity - earlier days people's aspirations were to move on from 1 room flat to a larger 3 or 4 bedder but these days all are running for MMs - reverse aspirations or....
indeed....i heard of people literally cry when they actually see their MM unit as what they had in mind when they see it in the nice showflat.
indeed....i heard of people literally cry when they actually see their MM unit as what they had in mind when they see it in the nice showflat.
Hahahahaha..... That's interesting.
Thanks for sharing :D
Hmm good point, then why all these dudes keep shouting buy WT carrot head, even buy at preview? Haha. Im puzzled.
Actually whichever projects you buy, the best price is always during preview/vvip launch
indeed....i heard of people literally cry when they actually see their MM unit as what they had in mind when they see it in the nice showflat.
Apart from the missing walls, smaller beds and ID done by the developers, what other misrepresentation should potential buyers look out for?
Hahahahaha..... :D
Good to see you smile again. :) I have seen you kena bombarded so often until i sim tiah for you. Now i see you recovered liao, so no need for me to console you liao right? heehee.
Forum attracts a diverse mix of people from different background. Some rich, some sibeh rich. Some poor act rich, some sibeh poor but got strong backing. Some act high class, speak good English (i still remember that KNN critised me. He etched a deep cut on me. Couldn't sleep for days and nights). People like me no education but humble. So don't worry what you buy, how much you buy, stay or not stay... doesn't matter. So long as you can manage the mortagage then you are fine.
Honestly, i wished you gotten a bigger unit. Maybe you can buy another unit next door? :D
Good to see you smile again. :) I have seen you kena bombarded so often until i sim tiah for you. Now i see you recovered liao, so no need for me to console you liao right? heehee.
Forum attracts a diverse mix of people from different background. Some rich, some sibeh rich. Some poor act rich, some sibeh poor but got strong backing. Some act high class, speak good English (i still remember that KNN critised me. He etched a deep cut on me. Couldn't sleep for days and nights). People like me no education but humble. So don't worry what you buy, how much you buy, stay or not stay... doesn't matter. So long as you can manage the mortagage then you are fine.
Honestly, i wished you gotten a bigger unit. Maybe you can buy another unit next door? :D
All sold out liao how he buy :tongue3:
Your assumption is everyone works in CBD, seriously naive and stereotyping statement. As far as most of the people I know (degree/masters holders) is concerned, they worked in outskirt region, including myself.
Thank you for shouting location x 3.
WT definitely has all the convenience. :D
Your eyes got problem? I said expat, angmor....did I say most of the people? Read carefully.
Good to see you smile again. :) I have seen you kena bombarded so often until i sim tiah for you. Now i see you recovered liao, so no need for me to console you liao right? heehee.
Forum attracts a diverse mix of people from different background. Some rich, some sibeh rich. Some poor act rich, some sibeh poor but got strong backing. Some act high class, speak good English (i still remember that KNN critised me. He etched a deep cut on me. Couldn't sleep for days and nights). People like me no education but humble. So don't worry what you buy, how much you buy, stay or not stay... doesn't matter. So long as you can manage the mortagage then you are fine.
Honestly, i wished you gotten a bigger unit. Maybe you can buy another unit next door? :D
Hey, long time no see. Yea, still enjoying myself here.
Kinda attached to here already. hahaha.
Alamak, why let those forumers affect your mood? U sibeh funny.
Honestly, like what you said, diff people come with diff background. Some act smart, some talk good english but no substance and malicious. Also got nice dude like azeoprop, everytime see him contribute photos and launch price. haha...
U feel inferior for what? U no education? Think U too humble already lah.
Take the comments here with pinch of salt lah. If I take all remarks so seriously, I wouldnt have offloaded some of my prop including my OCR mm so fast with cap gain and bought WT. Last time buy OCR mm also kenna bash left, right, centre and somemore dio backside. Some guru even said OCR mm not tested, stupid buy, who will rent? etc. Sigh..Listen till sian already. If I listen to them I would have eat grass long ago liao. Probably my $$ still rotting in the bank. (sorry dont ask me play stock huh, not my cup of tea)
The rule is very simple, U rich, u play big, u not very rich u play small.
My uncle he big fly, he play the sail, the clift. tanjong rhu waterplace.
Bro devil, bullman maybe sama sama....all big fly.
Small fly like me play OCR lor, what to do? dont born rich what.
Same theory applies, do more homework, study sentiments and make comparisons, can hold and dont over leverage, dont see what will go wrong. CMs is to cool price not to crash price. Always remember this. Go read the newspaper, sentosa bungalow transact at 39mil record price bought by a foreigner. ABSD 13% already cost him about 5 mil. What is stopping him from buying? Nothing is absolute lah.
Yes, got think of buying WT 2 bedder (residence not SOHO) initially but I scare over leverage, because I small fly mah. Must buy within my comfort range and keep substantial amt of spare cash with me for rainy days. My philosophy.
Your eyes got problem? I said expat, angmor....did I say most of the people? Read carefully.
Ya lor, only expat and angmo dominate the whole rental market.
U sibeh smart lah. :doh: simply naive. haha
Ya lor, only expat and angmo dominate the whole rental market.
U sibeh smart lah. :doh: simply naive. haha
Where did I mentioned expat rules the rental market????
When u lose a agreement, u twist other people words and start attacking at the strawman....and also u tend to use the standard reply "u smart, or u win"....:tsk-tsk: :tsk-tsk: :tsk-tsk:
Where did I mentioned expat rules the rental market????
When u lose a agreement, u twist other people words and start attacking at the strawman....and also u tend to use the standard reply "u smart, or u win"....:tsk-tsk: :tsk-tsk: :tsk-tsk:
Talking about words twisting, Im no where near your standard.
I salute you...master of word twister. :D
Ah, and I almost forgot, you master of cut and paste as well. lol
Where did I mentioned expat rules the rental market????
When u lose a agreement, u twist other people words and start attacking at the strawman....and also u tend to use the standard reply "u smart, or u win"....:tsk-tsk: :tsk-tsk: :tsk-tsk:
testtest, why do you even bother to come into suburban 'northeast' forum? Go to your 'city' forum. Think your preference is there isn't it? :sleep:
testtest, why do you even bother to come into suburban 'northeast' forum? Go to your 'city' forum. Think your preference is there isn't it? :sleep:
All he knows is cut and paste the highest psf transact price of WT, and come here attack WT buyers saying they pay premium price.
He got agenda and is definitely bias.
Seriously, I dont know what he wants to prove.
Talking about words twisting, Im no where near your standard.
I salute you...master of word twister. :D
Ah, and I almost forgot, you master of cut and paste as well. lol
Just answer this simple question
Where did I mentioned expat rules the rental market?
Simple question, right? U can twist your answer or don't answer....your call
testtest, why do you even bother to come into suburban 'northeast' forum? Go to your 'city' forum. Think your preference is there isn't it? :sleep:
Why do u come to this forum? We all have preferences but this is an open forum, right?
Just answer this simple question
Where did I mentioned expat rules the rental market?
Simple question, right? U can twist your answer or don't answer....your call
If you agree expat and ang mo dont dominate the entire rental market, then why must particularly mention WT? U had bad blood against WT or WT site leaves u a bad memory in your childhood?
U are just being bias and people like you will never admit.
No problem for me. Whats new... hahaha
Like what bro toufu had mentioned, if you dont like the comments here, you can choose to go back to your CBD forum. :doh:
Why make yourself so miserable? :D
devilplate
02-03-12, 23:31
Both of u bey song each other la....not bcoz of WT lor....wakakaka
If you agree expat and ang mo dont dominate the entire rental market, then why must particularly mention WT? U had bad blood against WT or WT site leaves u a bad memory in your childhood?
U are just being bias and people like you will never admit.
No problem for me. Whats new... hahaha
Like what bro toufu had mentioned, if you dont like the comments here, you can choose to go back to your CBD forum. :doh:
Why make yourself so miserable? :D
Again if u had read carefully, u would have realized that I was responding to a previous post where someone was talking about expat pov of rental.
This will be my last repond to you on this matter as not to hijack this thred into baseless argument.
Both of u bey song each other la....not bcoz of WT lor....wakakaka
Yes, u hit the nail.
He buay song me thats why he attack WT lor.
But he wont admit.
:doh:
He still twist here twist there. Talk to him I wanna fall :sleep:
almost bought a SOHO here today.... but hand not fast enough....
you eyeing #13-50?:D :D
yeap, sold today.....
yeap, sold today.....
I was about to write my cheque too...:(
yeap, sold today.....
How much was the unit going for?
You both were there at the same time...
i actually took my kids there for cycling.... then took a look....
liked the SOHO design, probably rentable around 3k?
sold at 830k before 3% and 2% FV discount...
i actually took my kids there for cycling.... then took a look....
liked the SOHO design, probably rentable around 3k?
sold at 830k before 3% and 2% FV discount...
What's the sqft?
i actually took my kids there for cycling.... then took a look....
liked the SOHO design, probably rentable around 3k?
sold at 830k before 3% and 2% FV discount...
That would mean 790k after discount.
I am impressed by Singaporean's pocket depth.
Btw, how big is the unit?
i think it was 591sqft with 3.4m ceiling height.
somehow lofty units do feel more spacious and i guess with a good ID, you can play around with the design
2% more disc if u are FEO loyal customer.
i think it was 591sqft with 3.4m ceiling height.
somehow lofty units do feel more spacious and i guess with a good ID, you can play around with the design
2% more disc if u are FEO loyal customer.
Are you still insist of getting one WT unit then?
Btw, does anyone get around with the loyalty 2% FEO scheme?
devilplate
04-03-12, 22:35
U guys serious?
Die die must only buy ground flr soho wif 5m ceiling ht....3.8m dun make any sense for loft
Jus wait for another soho concept by feo lor.....make sure u submit chq fast for ground flr soho
I thought ps100 has 5m floor to ceiling?
I thought ps100 has 5m floor to ceiling?
yup and their psf is also as high as the ceiling :) :)
yup and their psf is also as high as the ceiling :) :)
Haha. Good one.
i think it was 591sqft with 3.4m ceiling height.
somehow lofty units do feel more spacious and i guess with a good ID, you can play around with the design
2% more disc if u are FEO loyal customer.
it should be 581 sqft based on here:
http://www.fareast.com.sg/FEOCorp.Upload/CMS/Pdf/WatertownPriceList(01Mar2012).pdf
11th floor units soho also sold ?
Are you still insist of getting one WT unit then?
Btw, does anyone get around with the loyalty 2% FEO scheme?
Get an existing FEO customer to do referral and pass some commission back to buyer. If interested, can PM me about it.
Get an existing FEO customer to do referral and pass some commission back to buyer. If interested, can PM me about it.
Once u enjoy the vincinity discount, you cant enjoy the referral discount.
Once u enjoy the vincinity discount, you cant enjoy the referral discount.
Yes, can be entitled for both discounts @ 1% each.
Yes, can be entitled for both discounts @ 1% each.
wah you charge 1%. i will give more to whoever wants to use my name as FEO referral. Just let me have a little $ as kind gesture. ;)
wah you charge 1%. i will give more to whoever wants to use my name as FEO referral. Just let me have a little $ as kind gesture. ;)
Correction, I dont charge. It's the developer (FEO) who gives 1% for referral + 1% for vicinity discounts to eligible buyers. Then it's up to the buyer to negotiate with his referral to get some refund. Suppose name of referral can only be use once, not for several transactions.
Yes, can be entitled for both discounts @ 1% each.
I try to ask for it by making my friend as the referral as he is holding FEO projects. But the FEO agent says once i enjoy the vincinity discount, I cannot get the referral as well.
How did u got it btw? Are u vested in WT?
ya.. i do remember its either Vincinity or Referral 1% for WT .. as discount is max at 18% (unless its returning FEO customer). But other FEO projects may differ.
I myself is referred by a friend.. and my friend is passing me back part of his commission that he acrued.. so effective discount will be more than 18% (exclude BSD + FV rebates), going by this route.
ya.. i do remember its either Vincinity or Referral 1% for WT .. as discount is max at 18% (unless its returning FEO customer). But other FEO projects may differ.
I myself is referred by a friend.. and my friend is passing me back part of his commission that he acrued.. so effective discount will be more than 18% (exclude BSD + FV rebates), going by this route.
Hmm, so while u enjoy the referral discount, did u also enjoy the vincinity discount? I dont think so right? Cos FEO agent says for this WT project, u cant have both discount.
Referral and vicinity are different components that can be negotiated. Some can be 1%, some can be 3%.
Anyone interested to buy any FEO project and wants my name as referral, pls send me PM.
Hmm, so while u enjoy the referral discount, did u also enjoy the vincinity discount? I dont think so right? Cos FEO agent says for this WT project, u cant have both discount.
ya. i cant enjoy the vincinity discount.. basically i think they r playing around with the discounts so that it will max out at 18%..
I try to ask for it by making my friend as the referral as he is holding FEO projects. But the FEO agent says once i enjoy the vincinity discount, I cannot get the referral as well.
How did u got it btw? Are u vested in WT?
Referral has to be a buyer of any FEO projects. Better deal if purchased direct from FEO cos they got the upper hand to decide how much and what discounts to give, agent can give basic discounts. Got a 4-bedded at the VVIP.
ya. i cant enjoy the vincinity discount.. basically i think they r playing around with the discounts so that it will max out at 18%..
have you factor in your stamp duty reimbursement and furniture vouchers? That would give you a cool 22% discount, not bad.
have you factor in your stamp duty reimbursement and furniture vouchers? That would give you a cool 22% discount, not bad.
not yet.. excluding the BSD and 2% FV.
not yet.. excluding the BSD and 2% FV.
I only manage to get 10%+5%+2%(HDB address, hehe by using someone's name cos I no HDB) + 1%(vicinity) = 18%. Some even manage to get the additional 2% due to FEO loyalty which makes up 20% discount which I think it's the max and best u can get. In this case, I don't think u can get another 1% referral if u had used the vicinity discount.
All the above exclude stamp duty rebate and FV rebate.
If add stamp duty discount and FV, total discount is 18%+3%+2%=23%.
wont chase... if its not yours, its not yours...
now wait for another SOHO, or pick up something in London...
Wow! Like that also can ah! :beats-me-man:
I only manage to get 10%+5%+2%(HDB address, hehe by using someone's name cos I no HDB) + 1%(vicinity) = 18%. Some even manage to get the additional 2% due to FEO loyalty which makes up 20% discount which I think it's the max and best u can get. In this case, I don't think u can get another 1% referral if u had used the vicinity discount.
All the above exclude stamp duty rebate and FV rebate.
If add stamp duty discount and FV, total discount is 18%+3%+2%=23%.
Lots of HDB upgraders in this project. based on the data from the Singaporeedge site.
WATERTOWN Apartment 99 years February 8, 2012 1,259 $1,392,026 $1,105 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 8, 2012 560 $672,793 $1,202 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 915 $1,071,395 $1,171 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,216 $1,649,701 $1,356 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 7, 2012 527 $547,810 $1,039 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,130 $1,409,383 $1,247 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 1,216 $1,167,680 $960 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 527 $549,657 $1,042 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 904 $1,012,675 $1,120 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 6, 2012 1,356 $1,457,425 $1,075 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 2, 2012 527 $587,741 $1,114 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 1, 2012 570 $652,521 $1,144 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 570 $641,868 $1,125 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 527 $600,748 $1,139 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 1,119 $1,152,496 $1,030 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 807 $1,037,870 $1,286 Uncompleted New Sale Private
WATERTOWN Apartment 99 years January 31, 2012 1,130 $1,201,200 $1,063 Uncompleted New Sale HDB
Lots of HDB upgraders in this project. based on the data from the Singaporeedge site.
WATERTOWN Apartment 99 years February 8, 2012 1,259 $1,392,026 $1,105 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 8, 2012 560 $672,793 $1,202 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 915 $1,071,395 $1,171 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,216 $1,649,701 $1,356 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 7, 2012 527 $547,810 $1,039 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,130 $1,409,383 $1,247 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 1,216 $1,167,680 $960 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 527 $549,657 $1,042 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 904 $1,012,675 $1,120 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 6, 2012 1,356 $1,457,425 $1,075 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 2, 2012 527 $587,741 $1,114 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 1, 2012 570 $652,521 $1,144 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 570 $641,868 $1,125 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 527 $600,748 $1,139 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 1,119 $1,152,496 $1,030 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 807 $1,037,870 $1,286 Uncompleted New Sale Private
WATERTOWN Apartment 99 years January 31, 2012 1,130 $1,201,200 $1,063 Uncompleted New Sale HDB
I wont be surprised these are Punggol, Sengkang hdb addresses. Seems like only those already staying there can appreciate the longkang thingy.
I wont be surprised these are Punggol, Sengkang hdb addresses. Seems like only those already staying there can appreciate the longkang thingy.Not all who stay in SK and Punggol can appreciate that... some people who are so tired with city living may want a total change of pace and lifestyle so may buy into this area too... :cheers3:
I wont be surprised these are Punggol, Sengkang hdb addresses. Seems like only those already staying there can appreciate the longkang thingy.
Your assumption and subsequent conclusion is quite fascinating
Your assumption and subsequent conclusion is quite fascinating
Mine is obvious a coloured statement. I never like the area nor how the recent launches pricing run up to insane levels. Btw, ATT is a very good value buy in contrast. :-)
Are these prices nett after the (up to) 23% discounted mentioned earlier? Ie the real prices paid by the buyers. If so we can more or less guess who has got the higher discount %, for eg same stack higher floor with lower psf than the unit below means buyer got a better discount %?
Lots of HDB upgraders in this project. based on the data from the Singaporeedge site.
WATERTOWN Apartment 99 years February 8, 2012 1,259 $1,392,026 $1,105 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 8, 2012 560 $672,793 $1,202 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 915 $1,071,395 $1,171 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,216 $1,649,701 $1,356 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 7, 2012 527 $547,810 $1,039 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 7, 2012 1,130 $1,409,383 $1,247 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 1,216 $1,167,680 $960 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 527 $549,657 $1,042 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 6, 2012 904 $1,012,675 $1,120 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 6, 2012 1,356 $1,457,425 $1,075 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 2, 2012 527 $587,741 $1,114 Uncompleted New Sale Private
WATERTOWN Apartment 99 years February 1, 2012 570 $652,521 $1,144 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 570 $641,868 $1,125 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 527 $600,748 $1,139 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 1,119 $1,152,496 $1,030 Uncompleted New Sale HDB
WATERTOWN Apartment 99 years February 1, 2012 807 $1,037,870 $1,286 Uncompleted New Sale Private
WATERTOWN Apartment 99 years January 31, 2012 1,130 $1,201,200 $1,063 Uncompleted New Sale HDB
Are these prices nett after the (up to) 23% discounted mentioned earlier? Ie the real prices paid by the buyers. If so we can more or less guess who has got the higher discount %, for eg same stack higher floor with lower psf than the unit below means buyer got a better discount %?
These prices are after the basic 18% discounts offered by FEO to all buyers which stamp duty fee will be based on.
Stamp duty of 2.6%, furniture voucher and other discounts like referral fee not factored in yet.
These prices are after the basic 18% discounts offered by FEO to all buyers which stamp duty fee will be based on.
Stamp duty of 2.6%, furniture voucher and other discounts like referral fee not factored in yet.
So some actually paid up to 5% below these published transaction prices.....URA data not transparent?
So some actually paid up to 5% below these published transaction prices.....URA data not transparent?
Nothing to do with URA but rather the developer's way of pricing, resulting in more stamp duty benefiting the govt. Anyway FEO is absorbing the SD.
So some actually paid up to 5% below these published transaction prices.....URA data not transparent?
We should sent URA more feedback on the accuracy of their e-service.
http://www.ura.gov.sg/contactus/contactus_feedback.jsp
Customer Name : Mr
ID Number :
Email Address :
Contact Numbers :
Feedback Received Date : 24/10/2007
Dear Mr
Thank you for your feedback. We have investigated and confirmed that the caveat of this unit at Southbank was lodged after the sub-purchaser signed fresh agreement with the developer. However, in lodging the caveat, the sub-purchaser quoted the price paid by the original purchaser instead of the sub-sale price. We have therefore removed the record since it does not reflect the actual transaction price. We apologise for any inconvenience caused.
Regards
Customer Support, Property Research Section
tel: +65 6329-3357 / +65 6321-8015
fax: +65 6321-6596
Sent a email to URA ask them check whether the transacted price is correct. The last time I sent a email to them they told me the buyer chose to declare a lower price.
http://www.ura.gov.sg/realEstateWeb/...s/misc/T&C.jsp
Terms and Conditions:
By using these eServices, I understand and agree that -
a) URA does not warrant the completeness, correctness or accuracy of any information provided on the eServices;
b) information on the eServices is provided for general information only and is not intended to be used or relied on by anyone for any purpose (whether commercial or otherwise), including any decision to enter into any transaction for sale or purchase of any property;
Latest update:
Suites, Residences and SOHOs FULLY SOLD. Over 935 units sold (if all S&P options exercised).
New release of 3 bdrm & 4 bdrm Sky Patio units.
935 out of 992 units = 94.3% sold
The 57 units left should be sold v soon... So what's the next potential project? Sky H where sky's the limit? :D
The 57 units left should be sold v soon... So what's the next potential project? Sky H where sky's the limit? :D
lol :cheers1: if they price at 1.2-1.4 maybe!
WT can sell so well to hit 94% in less than 3 months, doubt they will lower their prices. They got nothing to lose by keeping it on hold and let go nearer to TOP, which may fetch higher prices.
My friend bought one of the last 6 SOHO units 2 days ago and FEO gave maximum 16% discount (includes 1% loyalty discount) & he was so happy already. He didnt know that early buyers got a maximum of 18% without factoring the discounts for SD & Furniture vouchers. He paid $1.09M for 807sf @ $1,350psf for his future retirement home. He wasnt interested in WT at all until his friend asked him to see the show flat. He was impressed by the location, environment of the waterway, SOHO show flat & quality finishes.
WT can sell so well to hit 94% in less than 3 months, doubt they will lower their prices. They got nothing to lose by keeping it on hold and let go nearer to TOP, which may fetch higher prices.
My friend bought one of the last 6 SOHO units 2 days ago and FEO gave maximum 16% discount (includes 1% loyalty discount) & he was so happy already. He didnt know that early buyers got a maximum of 18% without factoring the discounts for SD & Furniture vouchers. He paid $1.09M for 807sf @ $1,350psf for his future retirement home. He wasnt interested in WT at all until his friend asked him to see the show flat. He was impressed by the location, SOHO show flat & quality finishes.
Thks for the info but this is expensive in my view. Now everyone should be waiting eagerly to see how well the Wee Hur project will sell.
devilplate
13-03-12, 10:00
He paid $1.09M for 807sf @ $1,350psf for his future retirement home. He wasnt interested in WT at all until his friend asked him to see the show flat. He was impressed by the location, environment of the waterway, SOHO show flat & quality finishes.
wah piang.....1350psf.....if lots of $$$ to spare ok lor...if not like tio sabo by his fren.....wakakaka
Thks for the info but this is expensive in my view. Now everyone should be waiting eagerly to see how well the Wee Hur project will sell.
Wee Hur is a rather new developer and their finishing is not as good. their UR sales been pretty poor too.
wah piang.....1350psf.....if lots of $$$ to spare ok lor...if not like tio sabo by his fren.....wakakaka
$1350 for LH 99 :scared-1: maybe the waterway will look like Venice
Wee Hur is a rather new developer and their finishing is not as good. their UR sales been pretty poor too.
Actually, finishing is not so important to me. Maybe it will add $20-30k in renovation value only. It is the location and amenities around the project that I interested in. I remember Clover is not by any top-class developer (but by sim lian) but is doing extremely well in appreciation... and no one (at least me) really pay too much attention in the furnishing when looking at resales/2nd hand units.
Actually, finishing is not so important to me. Maybe it will add $20-30k in renovation value only. It is the location and amenities around the project that I interested in. I remember Clover is not by any top-class developer (but by sim lian) but is doing extremely well in appreciation... and no one (at least me) really pay too much attention in the furnishing when looking at resales/2nd hand units.
If your strongly looking at location then perhaps there are many other sites rather than punggol? Anyway it's just my personal opinion :D u can spend 20-30k for internal renovation but the entire outlook of the project is important when ur gonna sell. Look at those newly TOP projects, some already look more than 5 years old.
If your strongly looking at location then perhaps there are many other sites rather than punggol? Anyway it's just my personal opinion :D u can spend 20-30k for internal renovation but the entire outlook of the project is important when ur gonna sell. Look at those newly TOP projects, some already look more than 5 years old.
problem is that many HDB upgraders are rushing to have a bite at private property so they only look at quantum rather than psf. when the economy turn sour, these are the people who are going to get hit hardest.
problem is that many HDB upgraders are rushing to have a bite at private property so they only look at quantum rather than psf. when the economy turn sour, these are the people who are going to get hit hardest.
Yep agreed. though i'm one of those who bought into real high PSF haha! But i chose to stay away from punggol for now. But i must say the plans for punggol are impressive :D perhaps these buyers really think that theres potential for 500k 1 bedders to turn into a million dollars in time to come
Wah.. so many Ehhhhh.........
If your strongly looking at location then perhaps there are many other sites rather than punggol? Anyway it's just my personal opinion :D u can spend 20-30k for internal renovation but the entire outlook of the project is important when ur gonna sell. Look at those newly TOP projects, some already look more than 5 years old.
Ya, too many locations to look at, too little time... imho, punggol has that "X" factor, or rather "unknown" factor in comparison to other more mature locations. Every now and then, punggol is in the news, just like in today straits times - prawn fishing can get headline. Hence, people wish to take a bet into this area.
I liken this to buying stocks - genting - a casino stock, was an unknown, price did fell below ipo price 35cents, and now it is a jewel stock making $1b just on one simple development in a single location.
problem is that many HDB upgraders are rushing to have a bite at private property so they only look at quantum rather than psf. when the economy turn sour, these are the people who are going to get hit hardest.
They may have saved up substantially during the good years between 2003-2007...with big bonuses, in stocks etc, and ready for the next big-ticket investment/divestment.
wah piang.....1350psf.....if lots of $$$ to spare ok lor...if not like tio sabo by his fren.....wakakaka
This guy has good foresight and invests in properties only and had a recent windfall. He owns many properties and makes alot of money, not a businessman but just an ordinary wage earner.
Another colleaque only age 33 buys and sells condos, he was like living with a luggage bag moving after making profit. Now he own a landed property and very contented.
Well not all has this type of guts to roll money so easily, very heavy commitment with good holding power and not just sell at a loss due to bad economy, with stocks and shares you can but not with big capitals. Also not on borrowed money i.e. within means.
Ya, too many locations to look at, too little time... imho, punggol has that "X" factor, or rather "unknown" factor in comparison to other more mature locations. Every now and then, punggol is in the news, just like in today straits times - prawn fishing can get headline. Hence, people wish to take a bet into this area.
I liken this to buying stocks - genting - a casino stock, was an unknown, price did fell below ipo price 35cents, and now it is a jewel stock making $1b just on one simple development in a single location.
Many other areas have the unknown factor too.
This guy has good foresight and invests in properties only and had a recent windfall. He owns many properties and makes alot of money, not a businessman but just an ordinary wage earner.
Another colleaque only age 33 buys and sells condos, he was like living with a luggage bag moving after making profit. Now he own a landed property and very contented.
Well not all has this type of guts to roll money so easily, very heavy commitment with good holding power and not just sell at a loss due to bad economy, with stocks and shares you can but not with big capitals. Also not on borrowed money i.e. within means.Your other colleague must be a single man lah... if he has a family of 4 or 5 with young kids, he'll be subjecting whole family to all the stresses, etc.. :tsk-tsk:
Your other colleague must be a single man lah... if he has a family of 4 or 5 with young kids, he'll be subjecting whole family to all the stresses, etc.. :tsk-tsk:
No, he is married with a kid but he invested jointly with his mum-in-law, who shared the capital.
They may have saved up substantially during the good years between 2003-2007...with big bonuses, in stocks etc, and ready for the next big-ticket investment/divestment.
substantial is relative.
No, he is married with a kid but he invested jointly with his mum-in-law, who shared the capital.
Looks like they con their MIL into this..
substantial is relative.
Yup... substantial enough to have 20/40% to put into ppty.
No, he is married with a kid but he invested jointly with his mum-in-law, who shared the capital.
It is good to have wealthy in-laws.. :D
No, he is married with a kid but he invested jointly with his mum-in-law, who shared the capital.
.... no offense .. but I really do not share your apparent appreciation for him... one should NEVER take advantage of his parents' position. He's practically using their cash for his own gamble. :tsk-tsk:
ikan bilis
13-03-12, 16:02
if the next feo project priced like this hor... watertown looks cheap cheap.... :beats-me-man:
http://www.propertyguru.com.sg/listing/9043076/for-sale-hillsta-new-launch
http://www.propertyguru.com.sg/listing/9043535/for-sale-new-launch-hillsta-cck-1-bedrm-from-605k
1Bedroom (580sqft - 640sqft) from $600k onwards
2Bedroom (880sqft - 1030sqft)from $900k onwards
3Bedroom (1125sqft- 1230sqft)from $1.2m onwards
1Bedroom Soho (544sqft) from $600k onwards
2Bedroom Soho (650sqft) from $750k onwards
3Bedroom Soho (775sqft) from $850k onwards
.... no offense .. but I really do not share your apparent appreciation for him... one should NEVER take advantage of his parents' position. He's practically using their cash for his own gamble. :tsk-tsk:
They are one happy family staying under one roof sharing the property on equal standing. His mum-in-law wants to chip in and she is not a rich woman but they want to stay together cos she is not a Singaporean.
.... no offense .. but I really do not share your apparent appreciation for him... one should NEVER take advantage of his parents' position. He's practically using their cash for his own gamble. :tsk-tsk:
it is very common these days. i even heard of young couple asking their parents to rent out their place and live with them. On the surface, it sounds good, but the underlying season is to use the rental to pay for their mortgage.
Join investment with MIL? that sound pretty desperate to me.
.... no offense .. but I really do not share your apparent appreciation for him... one should NEVER take advantage of his parents' position. He's practically using their cash for his own gamble. :tsk-tsk:Maybe its the MIL who is taking advantage of his cash for her gamble... :rolleyes:
it is very common these days. i even heard of young couple asking their parents to rent out their place and live with them. On the surface, it sounds good, but the underlying season is to use the rental to pay for their mortgage.
Join investment with MIL? that sound pretty desperate to me.Whether its move in with in laws or ask in laws to move in w them, just ensure that every family member is enjoying the stay... harmony is v important. No pt staying together unhappy in return for money... relationship is more important... :cheers1:
They are one happy family staying under one roof sharing the property on equal standing. His mum-in-law wants to chip in and she is not a rich woman but they want to stay together cos she is not a Singaporean.
No, the underlying season is that your friend doesnt have enough money and so they end up convincing his MIL to take out her saving (from a not so rich women) to put into an expensive MM property which will not generate any income for the next 3 to 4 years and she will not get to live in because it is not big enough for the family.
And I am also guessing that the MIL will be putting her daughter's name instead due to her love for the "family".
So eventually when the old lady becomes a liability to the family, she will be broke (as her saving is in the house), she will be fighting with the SIL to sell the property and everything will end up in a mess.
hope I am wrong.
Whether its move in with in laws or ask in laws to move in w them, just ensure that every family member is enjoying the stay... harmony is v important. No pt staying together unhappy in return for money... relationship is more important... :cheers1:
If there is a like button, I will click it to your comment..yes, relationship is more important. No point making anyone (be it parents or in laws) felt that they have been made use of...:beats-me-man:
No, the underlying season is that your friend doesnt have enough money and so they end up convincing his MIL to take out her saving (from a not so rich women) to put into an expensive MM property which will not generate any income for the next 3 to 4 years and she will not get to live in because it is not big enough for the family.
And I am also guessing that the MIL will be putting her daughter's name instead due to her love for the "family".
So eventually when the old lady becomes a liability to the family, she will be broke (as her saving is in the house), she will be fighting with the SIL to sell the property and everything will end up in a mess.
hope I am wrong.
I would not speculate on the reasons. Your version is too far-stretched imho.
Whether its move in with in laws or ask in laws to move in w them, just ensure that every family member is enjoying the stay... harmony is v important. No pt staying together unhappy in return for money... relationship is more important... :cheers1:
when money is falling from the sky, everyone will sure be loving and happy. When money dries up, stop growing, and old get sick, that is where unhappiness will start.
Honestly, if one cant afford to invest in pvt property, then work harder and save up, dont dig into your parents savings and reserves for investment.
I would not speculate on the reasons. Your version is too far-stretched imho.
which part of what i said is too far-stretched?
What is the problem with parents helping their kids? Is your experience is such that your parents won't help you so you so much of sour grapes and talking of the worst scenario about others? :doh:
I wish they live happily ever after + makes lots of money together! Only when families are united and pull resources together then they can make more money even if each individual is not rich. :cheers1:
when money is falling from the sky, everyone will sure be loving and happy. When money dries up, stop growing, and old get sick, that is where unhappiness will start.
Honestly, if one cant afford to invest in pvt property, then work harder and save up, dont dig into your parents savings and reserves for investment.
Oh my, what is there "desperate" about? Your MIL would never do that is it? I would do for all my kids. :cheers1:
it is very common these days. i even heard of young couple asking their parents to rent out their place and live with them. On the surface, it sounds good, but the underlying season is to use the rental to pay for their mortgage.
Join investment with MIL? that sound pretty desperate to me.
No, the underlying season is that your friend doesnt have enough money and so they end up convincing his MIL to take out her saving (from a not so rich women) to put into an expensive MM property which will not generate any income for the next 3 to 4 years and she will not get to live in because it is not big enough for the family.
And I am also guessing that the MIL will be putting her daughter's name instead due to her love for the "family".
So eventually when the old lady becomes a liability to the family, she will be broke (as her saving is in the house), she will be fighting with the SIL to sell the property and everything will end up in a mess.
hope I am wrong.
Hello Mr pent-up! U speaking from experience or u took this out of a movie scene ah? :beats-me-man:
What is the problem with parents helping their kids? Is your experience is such that your parents won't help you so you so much of sour grapes and talking of the worst scenario about others? :doh:
I wish they live happily ever after + makes lots of money together! Only when families are united and pull resources together then they can make more money even if each individual is not rich. :cheers1:
I have nothing against parents helping children with their matrimonial home as we are Asian. But to dig money out from a poor old lady to chip in to buy a MM apartment, I think that is wrong.
One should only invest when you have money, not borrow money to invest.
In your case teddy, I wont be surprise if all your so-called investment properties are pass on by your ah gong and ah pa.
Oh my, what is there "desperate" about? Your MIL would never do that is it? I would do for all my kids. :cheers1:
Do you cook, wash dishes and do laundry for your mother in law?
Ya, too many locations to look at, too little time... imho, punggol has that "X" factor, or rather "unknown" factor in comparison to other more mature locations. Every now and then, punggol is in the news, just like in today straits times - prawn fishing can get headline. Hence, people wish to take a bet into this area.
I liken this to buying stocks - genting - a casino stock, was an unknown, price did fell below ipo price 35cents, and now it is a jewel stock making $1b just on one simple development in a single location.
Heh ok I give u a big
X
How do you know they dig? Probably the old lady willingly chip in? :tsk-tsk:
Based on what you said, all listed companies all need to delist and close shop, because all borrow money to expand their business, just a matter or more or less. Noble should be the first to close shop, so much debt! Oh, Temasek stable of companies all also need to close shop! Ask them don't borrow money! :banghead:
Wow! I hope I was so lucky to be borned with a "golden spoon" like Richard Li! :o
I have nothing against parents helping children with their matrimonial home as we are Asian. But to dig money out from a poor old lady to chip in to buy a MM apartment, I think that is wrong.
One should only invest when you have money, not borrow money to invest.
In your case teddy, I wont be surprise if all your so-called investment properties are pass on by your ah gong and ah pa.
Ha ha ha! What for? Get a few maids lah! Their time are better used to earn more money as long as their income is much much greater than maids! :beats-me-man:
Do you cook, wash dishes and do laundry for your mother in law?
How do you know they dig? Probably the old lady willingly chip in? :tsk-tsk:
Based on what you said, all listed companies all need to delist and close shop, because all borrow money to expand their business, just a matter or more or less. Noble should be the first to close shop, so much debt! Oh, Temasek stable of companies all also need to close shop! Ask them don't borrow money! :banghead:
Wow! I hope I was so lucky to be borned with a "golden spoon" like Richard Li! :o
stop acting all cute and gay with these colorful words. it only makes me wanna puke..
Heh ok I give u a big
X
Sometimes I really like big X, the bigger the better, seriously... of course preferably skewed towards the positive side.
I am totally new to Punggol, can I know which is the most sort after location at Punggol at the moment?
You have cognitive problem is it? You can't even answer simple questions directed at your statements? The colours are referencing each other. Ok, now put as numbers to refer each other as below due to your mental and cognitive problems :
[1] How do you know they dig? Probably the old lady willingly chip in? :tsk-tsk:
[2] Why one cannot borrow to invest? If cannot you are telling all listed companies and even Temasek stable of companies to close shop since all of them borrow extra money to invest?
stop acting all cute and gay with these colorful words. it only makes me wanna puke..
How do you know they dig? Probably the old lady willingly chip in? :tsk-tsk:
Based on what you said, all listed companies all need to delist and close shop, because all borrow money to expand their business, just a matter or more or less. Noble should be the first to close shop, so much debt! Oh, Temasek stable of companies all also need to close shop! Ask them don't borrow money! :banghead:
Wow! I hope I was so lucky to be borned with a "golden spoon" like Richard Li! :o
[1] I have nothing against parents helping children with their matrimonial home as we are Asian. But to dig money out from a poor old lady to chip in to buy a MM apartment, I think that is wrong.
[2] One should only invest when you have money, not borrow money to invest.
[3] In your case teddy, I wont be surprise if all your so-called investment properties are pass on by your ah gong and ah pa.
I am keen to buy one in punggol, as mentioned by other - where and which project is worthy to look and consider now?
Thanks in advance.
I am keen to buy one in punggol, as mentioned by other - where and which project is worthy to look and consider now?
Thanks in advance.
I think there is only one decent upcoming condo project now... by Wee Hur opp the mrt and bus interchange (and rumoured new hawker centre site). The earlier two by sim lian and FEO are already >90% sold.
I think there is only one decent upcoming condo project now... by Wee Hur opp the mrt and bus interchange (and rumoured new hawker centre site). The earlier two by sim lian and FEO are already >90% sold.
What is the project name? When will it be launch? I like to take a look.
What is the project name? When will it be launch? I like to take a look.
Name not given yet. There were reports saying launch likely in Q2.
_______________________
Punggol Central site gets top bid of $206.2m from Wee Hur
Posted: 15 December 2011 2140 hrs
SINGAPORE : A Government Land Sales site in Punggol has received a top bid of $206.2 million.
The public tender closed on Thursday with 13 bids received.
Wee Hur Development is the top bidder for the Punggol Central site.
Opal Star put in a bid of $200.88 million and Lum Chang Building Contractors, $198.42 million.
This is the first condominium site tender to close since the latest property cooling measures were announced on 7th December.
Nicholas Mak of SLP International Property Consultants notes that Wee Hur's bid is 13.2 percent lower than a nearby sold in 2010.
He says the bid reflects an increased level of caution, mainly due to the perception of higher risk in 2012.
- CNA/ch
Name not given yet. There were reports saying launch likely in Q2.
_______________________
Punggol Central site gets top bid of $206.2m from Wee Hur
Posted: 15 December 2011 2140 hrs
SINGAPORE : A Government Land Sales site in Punggol has received a top bid of $206.2 million.
The public tender closed on Thursday with 13 bids received.
Wee Hur Development is the top bidder for the Punggol Central site.
Opal Star put in a bid of $200.88 million and Lum Chang Building Contractors, $198.42 million.
This is the first condominium site tender to close since the latest property cooling measures were announced on 7th December.
Nicholas Mak of SLP International Property Consultants notes that Wee Hur's bid is 13.2 percent lower than a nearby sold in 2010.
He says the bid reflects an increased level of caution, mainly due to the perception of higher risk in 2012.
- CNA/ch
Thanks for the information, I hope the price will be more attractive and affordable than Watertown etc.
Thanks for the information, I hope the price will be more attractive and affordable than Watertown etc.
It has to be cheaper than Watertown. Watertown is definitely recognised as the No. 1 ppty in Punggol at this moment.
You have cognitive problem is it? You can't even answer simple questions directed at your statements? The colours are referencing each other. Ok, now put as numbers to refer each other as below due to your mental and cognitive problems :
[1] How do you know they dig? Probably the old lady willingly chip in? :tsk-tsk:
[2] Why one cannot borrow to invest? If cannot you are telling all listed companies and even Temasek stable of companies to close shop since all of them borrow extra money to invest?
[i]
You are CCR man, you dont belongs here. get lost.
Thanks for the information, I hope the price will be more attractive and affordable than Watertown etc.
It should launch in Q2 of he year.
The price should be similar to ATT.
Already got a few friends eyeing for this.
Should be quite competitive.
It has to be cheaper than Watertown. Watertown is definitely recognised as the No. 1 ppty in Punggol at this moment.
It really depends. I think wee hur might just ride on WT success and match the pricing model. With the lower than expect bid price, they should be laughing to the bank on this one.
btw is there any project that is sea facing with unblock view?
It really depends. I think wee hur might just ride on WT success and match the pricing model. With the lower than expect bid price, they should be laughing to the bank on this one.
btw is there any project that is sea facing with unblock view?
imo, I doubt wee hur will price it higher than watertown.
u mean facing the waterway? all those facing the waterway are hdb (dun remember any private condo site), they have a lot of BTO projects along that waterway on both banks and the scale-up models are being displayed at toa payoh hdb hub. the models/landscaping really look nice, so i always see a lot of new/young couples "admiring" the models at the hdb hub.
imo, I doubt wee hur will price it higher than watertown.
u mean facing the waterway? all those facing the waterway are hdb (dun remember any private condo site), they have a lot of BTO projects along that waterway on both banks and the scale-up models are being displayed at toa payoh hdb hub. the models/landscaping really look nice, so i always see a lot of new/young couples "admiring" the models at the hdb hub.
government is doing the right thing to have BTO along the waterway instead of private condo. those BTO will be a keeper. Sure can command high rental in future.
is there any public sports facilities, like swimming pool, football field etc
imo, I doubt wee hur will price it higher than watertown.
u mean facing the waterway? all those facing the waterway are hdb (dun remember any private condo site), they have a lot of BTO projects along that waterway on both banks and the scale-up models are being displayed at toa payoh hdb hub. the models/landscaping really look nice, so i always see a lot of new/young couples "admiring" the models at the hdb hub.
I really doubt WH's project will be very much lower in price than WT/ATT. Probably around ATT level but not significantly lower. There's no need to compete for price now since both projects are almost sold out.
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