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sleek
26-01-12, 19:05
Sim Lian Group launches new executive condo in Tampines (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1179224/1/.html)
Posted: 26 January 2012 1829 hrs

SINGAPORE: Mainboard-listed developer Sim Lian Group has launched a new executive condominium project in Tampines Central 7.

The Tampines Trilliant will open for application from Friday till next Tuesday (January 27 to 31). The booking date is on February 4.

Sim Lian said prices for the 670-unit development start from S$682,000 for a three-bedroom unit, and from S$971,000 for a four-bedroom unit.

The project, which comprises 12 blocks, is expected to receive its Temporary Occupation Permit in March 2015.

-CNA/ac

azeoprop
26-01-12, 19:24
No more shocking prices from sim lian now? :rolleyes:

sleek
26-01-12, 19:39
3-BR from $682K means from about $700psf.

Montaigne
26-01-12, 19:40
CHEEEAAAP!!!!!

mantrix
26-01-12, 20:09
3-BR from $682K means from about $700psf.

yup assuming their 3 bedders are the new compact micey kind around less than 1000 sq ft

sleek
26-01-12, 20:14
Yup, that's the market trend! :D


yup assuming their 3 bedders are the new compact micey kind around less than 1000 sq ft

testtest
26-01-12, 21:08
http://www.trilliant.com.sg/

3 BR = 872sqft :doh:

yjcai
26-01-12, 21:12
Yup, that's the market trend! :D



Nope 682 000 compact 3 BR confirm la, so near to MRT, cannot be doing charity right.

Assuming 3 BR 900 sq ft, works out to be 757 psf. If 3 BR smaller, psf is higher. 4 BR 1200 sq ft starts from 971000 works out to be around 800 psf. Are you kidding me. Ya cheap if considered near MRT and 3 malls. This kind of price you can get palette

latour
26-01-12, 21:32
Nope 682 000 compact 3 BR confirm la, so near to MRT, cannot be doing charity right.

Assuming 3 BR 900 sq ft, works out to be 757 psf. If 3 BR smaller, psf is higher. 4 BR 1200 sq ft starts from 971000 works out to be around 800 psf. Are you kidding me. Ya cheap if considered near MRT and 3 malls. This kind of price you can get palette

Fantastical... Nicely priced and it's an EC. For this location, sure sell-out Veri fast.

yjcai
26-01-12, 21:42
Fantastical... Nicely priced and it's an EC. For this location, sure sell-out Veri fast.

Ya lo. People see watertown. This one got 3 malls and 2 cinemas already, confirm shout cheap and chiong. Walk 10 meters got harrys bar, walk 20 meters you get MRT and bus interchange.

flagship74
26-01-12, 22:09
i am talking 25yrs later...cheap lah!!:D

TMATT
27-01-12, 10:54
ah ............ how come look like A Treasure Trove condo????
Really, pls compare and take a look! (just that got less pool)

872sqft is a 3Bed? so each room only can put in Super Single or only Single bed?? i recall their last project@Punggol a 2bedroom already 915sqft. so big!

but it is EC, cannot ask for more, it alway 2nd class.
Happy purchase.




http://www.trilliant.com.sg/

3 BR = 872sqft :doh:

zico
27-01-12, 18:53
1. Pricing looks alright considering its quite near to the mrt. Yet

2. Anyone familiar w this area know how long is the walk to mrt.?

3. Anyone hear visited the showflat Yet?

mantrix
27-01-12, 19:38
Yup, that's the market trend! :D

this is considered a big 3 bedder liao...

in future all 3 bedders will look like this

http://www.newlaunchsingapore.com/di...pe-telok-kurau

:D:D:D

yjcai
27-01-12, 20:03
ah ............ how come look like A Treasure Trove condo????
Really, pls compare and take a look! (just that got less pool)

872sqft is a 3Bed? so each room only can put in Super Single or only Single bed?? i recall their last project@Punggol a 2bedroom already 915sqft. so big!

but it is EC, cannot ask for more, it alway 2nd class.
Happy purchase.

Oh is it. Even the name also try to imitate the Trillium at Rivervalley. If next time you take cab you tell uncle Trilliant. Will he bring you to D9 at Kim Seng Road.

mantrix
27-01-12, 20:44
http://www.newlaunchsingapore.com/district-15-to-16/treescape-telok-kurau#FloorPlanshttp://www.newlaunchsingapore.com/district-15-to-16/treescape-telok-kurau

land118
27-01-12, 21:45
http://www.newlaunchsingapore.com/district-15-to-16/treescape-telok-kurau#FloorPlanshttp://www.newlaunchsingapore.com/district-15-to-16/treescape-telok-kurau
Ya,sooner or later, more 3 bedder will shrink to 600+sqft like Treescape..., only master bedroom can put queen size bed, other 2 bedroom, just a single bed..:doh:

kane
27-01-12, 21:57
so it's 782psf. but this 682k figure is before the 30k grant?

ikan bilis
27-01-12, 21:58
this Treescape is already so much better than d'weave and central imperial... :D

TMATT
27-01-12, 23:05
Yup, take a look -
http://www.trilliant.com.sg/?page_id=54
http://www.orangetee.com/Visitor_Lounge/NewLaunches/A%20Treasure%20Trove/SitePlan.asp

Treasure Trove BLK colour just single colour, almost 80% similiar. :doh:


Oh is it. Even the name also try to imitate the Trillium at Rivervalley. If next time you take cab you tell uncle Trilliant. Will he bring you to D9 at Kim Seng Road.

TMATT
27-01-12, 23:09
Think smaller then single bed...
that time visit The Luxuire at SengKang showroom.
saw a the specific made bed that try to fix into the showroom...
but it only give visitor the feeling you only can come in to sleep when you buy that unit, and cannot do anything, turning around also got problem.

Is that going to be the Life of Singaporean who upgrade? sad sad ...


Ya,sooner or later, more 3 bedder will shrink to 600+sqft like Treescape..., only master bedroom can put queen size bed, other 2 bedroom, just a single bed..:doh:

easteast
28-01-12, 01:12
reasonable price for this kind of gd location...got potential...

yjcai
28-01-12, 07:18
At least 5 minutes walk to MRT. It is not stone throw away. Don't be deceived by the brochure. Distance is comparable to rainforest from Choa Chu Kang MRT. 3 Malls and 2 MRTs around the corner yes. Pinevale is selling around 650 -700 psf around the corner. Then why so expensive because Sim Lian go and bid too high for this plot of land at 39x psf ppr and call it 'Tampines Central EC' but in fact not Central. There is no condo near to this development to benchmark, so there is a chance you might be overpaying for this development for current demand.

zico
28-01-12, 07:24
Only 5 minutes walk from Trilliant to EW line MRT?

A friend told me it is probably 15 minutes... true?

yjcai
28-01-12, 07:28
Only 5 minutes walk from Trilliant to EW line MRT?

A friend told me it is probably 15 minutes... true?

Subjective. I use onemap to draw, 500m to walk from Trilliant to EW MRT

flagship74
28-01-12, 09:47
Only 5 minutes walk from Trilliant to EW line MRT?

A friend told me it is probably 15 minutes... true?
you frz could be crawling to mrt maybe?:doh:

Eastboy
28-01-12, 09:49
Subjective. I use onemap to draw, 500m to walk from Trilliant to EW MRT

you measuring straight-line map distance or actual walkable distance?

hyenergix
28-01-12, 10:08
you frz could be crawling to mrt maybe?:doh:

At least 10 min to hit e MRT. No shelter. I walked around that area b4. Hot.

Montaigne
28-01-12, 10:10
Am pondering.. Should I whack this or wait for price to crash to get freehold? :doh:

Eastboy
28-01-12, 10:12
Am pondering.. Should I whack this or wait for price to crash to get freehold? :doh:

mr B says properties will lao sai > 50%, you wait lor. last time he said wait 3 mths, then 6mths, now 18mths....up to you la....:cheers1:

Montaigne
28-01-12, 10:17
mr B says properties will lao sai > 50%, you wait lor. last time he said wait 3 mths, then 6mths, now 18mths....up to you la....:cheers1:

No need 50%, 20% can go in liao. Don't think will hit 50%, if not margin call till siao. I have faith in our govt to protect so many recent home buyers from 2010 to 2012.

Owned Hdb before but sold in 2010. So m considered 2nd time buyer to ballot for EC? If so then chances of getting EC of my choice units damn low liao.

Eastboy
28-01-12, 10:20
No need 50%, 20% can go in liao. Don't think will hit 50%, if not margin call till siao. I have faith in our govt to protect so many recent home buyers from 2010 to 2012.

Owned Hdb before but sold in 2010. So m considered 2nd time buyer to ballot for EC? If so then chances of getting EC of my choice units damn low liao.

hmm...if u have cash and don't feel the pain just buy la! to me i believe in paying what i can afford, not looking at how cheap i can get! that's my philosophy. but don't listen to me hor later mr B's prediction come true how?

Adva181
28-01-12, 10:28
Subjective. I use onemap to draw, 500m to walk from Trilliant to EW MRT

5mins to DTL3 and 10mins to EWL.
My parent stay 5mins away from Trilliant.
And they are linking EWL n DTL together

yjcai
28-01-12, 12:34
5mins to DTL3 and 10mins to EWL.
My parent stay 5mins away from Trilliant.
And they are linking EWL n DTL together

Hmm no wonder Sim Lian dare to give stunts. 4 BR double balconies 4 toilet priced higher psf than 3 bedders?

yjcai
28-01-12, 12:37
you measuring straight-line map distance or actual walkable distance?

Straight line. 500m to EW MRT which is about the same as rainforest to CCK mrt. Even walkable distance come out from Tamp Central 7 also 460m. Actual walkable should not differ much from straight line as you just walk through buildings to the MRT. 10 - 15 minutes walking time possible, because you need to navigate through buildings. If walk from Tampines Ave 7, maybe also 450m+. Not stone throw away.

Allthepies
28-01-12, 15:19
Am pondering.. Should I whack this or wait for price to crash to get freehold? :doh:
buy for stay ok, buy for investmet good luck.

TMATT
28-01-12, 15:50
EC not for investment...3yrs to build ,5yrs cannot sell.
Total opportunity cost-8yrs...

But if like Bishan EC raise 100% is ok!

You buy this project at $800K while 2020 near by HDB also $800K,worth it to buy this project now.
as u may only pay 20% + about $300k by then but u EC May already worth $1.2m. Profit about $600k
(future no one know,but EC should raise higher then HDB)

Still cannot understand why ppl again assets enhamcent scheme

buy for stay ok, buy for investmet good luck.

flagship74
28-01-12, 18:24
Straight line. 500m to EW MRT which is about the same as rainforest to CCK mrt. Even walkable distance come out from Tamp Central 7 also 460m. Actual walkable should not differ much from straight line as you just walk through buildings to the MRT. 10 - 15 minutes walking time possible, because you need to navigate through buildings. If walk from Tampines Ave 7, maybe also 450m+. Not stone throw away.

Stone throw away very subjective leh...some can throw far and others can throw at the mrt captain's head..:D

vinc1281
28-01-12, 20:03
Just got an invitation from my ERA agent to preview TWIN WATERFALLS EC @ Punggol. Can compare with Trilliant and see how.

Montaigne
28-01-12, 21:29
From investment point of view and based on past history, EC make the most money. Moreover location of this EC is superb. Problem is difficult to fight units with first timers. Lucky for those first timers.

kane
28-01-12, 22:55
Just got an invitation from my ERA agent to preview TWIN WATERFALLS EC @ Punggol. Can compare with Trilliant and see how.

where's the exact site?

Pro888
29-01-12, 18:55
Saw the news the other day, not many ppl in the showflat. Seem very quite for this project.

hyenergix
29-01-12, 18:58
If you have seen one or two of Sim Lian's project, you have seen the rest.

vinc1281
29-01-12, 19:22
Saw the news the other day, not many ppl in the showflat. Seem very quite for this project.

Yes. Extremely quiet for a project with relatively good location. The fact I can find parking on a Sunday afternoon at the show flat shows how quiet it is.

Anyone care to shed some light on the less than expected response?!

kane
29-01-12, 21:01
with the kind of floor area, i don't think they can afford to have a yard behind like treasure trove.

Tripp
29-01-12, 21:46
Site Plan & Floor Plans

http://www.h88.com.sg/article/Tampines+Trilliant+looking+brilliant/

http://www.h88.com.sg/images/content/2012-01-27/trilliant-location.jpg

http://www.h88.com.sg/images/content/2012-01-27/trilliant-sitelayout.jpg

testtest
29-01-12, 21:53
What's the distance between the blocks? Looks very near!

Tripp
29-01-12, 21:58
Indicative Pricing

3BR
$682k - 749k

3BR + Utility
$778k - $925k

4BR
$971k - $1.052m

PH
$1.112m - $1.389m

Pro888
29-01-12, 23:22
Yes. Extremely quiet for a project with relatively good location. The fact I can find parking on a Sunday afternoon at the show flat shows how quiet it is.

Anyone care to shed some light on the less than expected response?!

When i first saw the layout, the swimming pool, machaim don't want to give. Like push to one side and it looks so small with so many blks around.

Pro888
29-01-12, 23:27
What's the distance between the blocks? Looks very near!

Agree. It is very near.

If only 5 storey high, near still ok, but more than 10, then :tsk-tsk:

OT
30-01-12, 00:27
What's the distance between the blocks? Looks very near!

Distance between blocks is generally 22m and above except for block 17 and 21 tip to tip 16m

e-application ends on tuesday 31 Jan if anyone interested can contact me at 9625 9911

cornycow
30-01-12, 01:21
location seems pretty good for this condo

kane
30-01-12, 07:58
Distance between blocks is generally 22m and above except for block 17 and 21 tip to tip 16m

e-application ends on tuesday 31 Jan if anyone interested can contact me at 9625 9911

Have to find those more than 22m apart ones. As that distance is pretty close.

testtest
30-01-12, 08:11
Distance between blocks is generally 22m and above except for block 17 and 21 tip to tip 16m

e-application ends on tuesday 31 Jan if anyone interested can contact me at 9625 9911

I was staying in HDB where the distance between blocks is 30m and I feel that is the minimum for comfortable living with some privacy....cannot imagine 16m!!!

vinc1281
30-01-12, 13:43
Distance between blocks is generally 22m and above except for block 17 and 21 tip to tip 16m

e-application ends on tuesday 31 Jan if anyone interested can contact me at 9625 9911

Any news on how many applications at this point in time?

Was at the show flat the last ballot number was about 649.

zico
30-01-12, 21:05
Went to see earlier at noon.

The PH is a let down, the open terrace add together is almost as big as the live in area. For the 670 units condo, the pool is small, 50m by 15m.

Price is alright since its an EC... if this is pte, prices will clearly be > 20% higher.

yjcai
30-01-12, 23:09
If got 20% discount indeed 800 psf is cheap. But I differ because it may not be within 500 metres walkable to the MRT or 5 minutes breeze walk once BTO and Centrale8 is up, straight distance wise yes. It makes palette look like a super steal (450m walkable).

GSLJ
01-02-12, 22:08
http://www.channelnewsasia.com/compo....php?id=480708 (http://www.channelnewsasia.com/compo....php?id=480708)

SINGAPORE : Applications for recently-launched Executive Condominium, Tampines Trilliant, hit about 1,000 at the close of its first launch on Tuesday.

The 670-unit condo, developed by Sim Lian Group, saw large crowds turn up at its launch last Friday, but whether this translates to actual buyers taking up the units is still unclear.

Bookings for the apartments close this weekend.

Analysts said the performance of Tampines Trilliant over the opening weekend is considered below expectations, possibly because it is priced higher than other similar developments.

Prices for the project range from S$682,000 for a three-room unit to S$971,000 for a four-room unit.

Eugene Lim, executive officer at ERA Realty, said: "The EC, BTO (Build-To-Order) market is likely to continue to be active going forward in 2012 because at the end of the day, there is still a lot of demand. But consumers are aware that there is a lot of choice so they are likely to be more discerning, and will compare what is being offered versus what they have to pay for it."

- CNA/ms

kane
01-02-12, 22:13
800psf for a EC? what about PC at 800-900psf? why don't buy those who no MOP restrictions?

pineapple
01-02-12, 22:24
800psf for a EC? what about PC at 800-900psf? why don't buy those who no MOP restrictions?

if its a PC at that location. im sure its easily over 1kpsf le..

kane
01-02-12, 23:01
if its a PC at that location. im sure its easily over 1kpsf le..

From the map it doesn't look like a stone's throw away from tampines central ah?

pineapple
02-02-12, 16:56
From the map it doesn't look like a stone's throw away from tampines central ah?

the new DT line is quite near though.. like 4-5mins walk.. and walk another 4-5 mins.. u hit central. pretty good location if you asked me.

howgozit
02-02-12, 17:02
the new DT line is quite near though.. like 4-5mins walk.. and walk another 4-5 mins.. u hit central. pretty good location if you asked me.

So (4-5mins) + (4-5mins) = 8-10mins to central correct?

pineapple
02-02-12, 18:14
So (4-5mins) + (4-5mins) = 8-10mins to central correct?

that about right.

yjcai
02-02-12, 22:27
Stack nearest to Tamp Central 7 side more worth the price
the rest 780 psf - 850 psf think again. Pool so small, floorplan so much unused space, surrounded by many flats. Think again.

kane
02-02-12, 23:06
oh ok, didn't see the DT stations in the location maps on the agents' websites.

Eastboy
04-02-12, 11:40
Wah just drove past trilliant the car park was so full and overspilled to the roads, until cars all park double yellow line, and LTA was there handing out summons it was a funny sight wanted to take photo but I was driving

jwong71
04-02-12, 12:42
Wah just drove past trilliant the car park was so full and overspilled to the roads, until cars all park double yellow line, and LTA was there handing out summons it was a funny sight wanted to take photo but I was driving

developers can handout summons disct, instead of furniture disct.:D

kane
04-02-12, 13:51
They hand out summons during Chinese new year??

sotidy
04-02-12, 21:03
So (4-5mins) + (4-5mins) = 8-10mins to central correct?

From the nearest side gate of Trilliant, walking along the future road, its about 460m to DTL3's station and its 770m to EW line station by foot (assuming u walk along the main road).

ysyap
04-02-12, 21:11
EC's the way to go in uncertain times such as now... :spliff:

ysyap
04-02-12, 21:23
Property developer Sim Lian’s latest executive condo (EC), The Tampines Trilliant (http://www.propertyguru.com.sg/property-management-news/2012/2/32233/the-tampines-trilliant-oversubscribed), has seen strong interest with approximately 1,000 applications received for its 670 units when the application period closed on 31 January.

The news has come as a surprise to some, considering that prices for its four-bedder units start at a high price of S$971,000 each for 1,302 sq ft of living space; the price works out to around S$745 psf.

While the project’s location at Tampines Central (http://www.propertyguru.com.sg/singapore-property-listing/hdb/tampines) is attractive, some potential upgraders have their reservations. 48-year-old personal assistant Diana Khoo, said, “It’s overpriced…I’d rather buy in the private market as there are fewer restrictions. The location is good but that doesn’t justify its pricing. Besides, Tampines is so crowded and congested – more so than some of the more mature estates.”

Business manager Jonathan Yap, 33, feels such a unit might be worth the price if it were the best accommodation one could find and if his workplace were in the area, more so if one could buy it for rental purposes. He said, “(As a) rule of thumb, monthly rental rate should cover outlay in 20 years. If an owner is considering (a unit costing) S$1 million, he needs to charge a S$4,200 monthly rent. If he can charge higher, it’s worth it.”

Still, the application rate indicates that a good number of buyers, whether or not they feel the price is justified, have decided to fork out cash for units at The Tampines Trilliant. PropertyGuru’s real estate analyst Tejaswi Chunduri said, “The demand for The Tampines Trilliant is expected to be strong due to the location.”

“Also, with the income ceiling for new ECs being reviewed, first-timers and other genuine home buyers who would otherwise go for mass market condominiums will now come back to public housing and ECs specifically which provide condominium-like facilities.”

“Moreover, ECs perfectly fit buyers who are ineligible to buy HDB flats due to the income ceiling but find private property too expensive. Generally, ECs are around 20 percent cheaper than mass market condominiums.”

howgozit
04-02-12, 21:24
EC's the way to go in uncertain times such as now... :spliff:

Agree,

With 4yrs SSD on private property, the 5yrs MOP for EC is hardly anything.

kane
04-02-12, 21:56
Agree,

With 4yrs SSD on private property, the 5yrs MOP for EC is hardly anything.


there is however a slight difference. assuming they take three year to complete. the 4 year SSD will end after 1 year of occupation i.e. 4 years from time of purchase.

but the 5 years MOP clock starts at TOP and would end only 8 years from the time of purchase.

for me 4 and 8 years is a very long time difference and the 5 years MOP from TOP is a big factor i think people should consider seriously.

forte
05-02-12, 09:55
there is however a slight difference. assuming they take three year to complete. the 4 year SSD will end after 1 year of occupation i.e. 4 years from time of purchase.

but the 5 years MOP clock starts at TOP and would end only 8 years from the time of purchase.

for me 4 and 8 years is a very long time difference and the 5 years MOP from TOP is a big factor i think people should consider seriously.

EC is mainly for own stay and not for investment purpose (at least not on short run basis). Definitely for those who committing should be prepared to stay min 5 yrs since its just a higher class of HDB....

Eastboy
06-02-12, 23:09
EC is mainly for own stay and not for investment purpose (at least not on short run basis). Definitely for those who committing should be prepared to stay min 5 yrs since its just a higher class of HDB....

IMO ECs shld have a MOP of 10 yrs!

bargain hunter
07-02-12, 00:33
according to sim lian's press release, 149 sold so far.

but they divert attention to say 2/3 of penthouses sold. :D

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_31D4F720E777D8104825799C00384BC9/$file/120206-Update.Release-The.Tampines.Trilliant.pdf?openelement

ysyap
07-02-12, 05:07
IMO ECs shld have a MOP of 10 yrs!Yes... EC is definitely going to be privatized while privatization for HDB is remote. Buyers of ECs have that guarantee that their properties can be easily sold to foreigners and that brings about an additional tier of price appreciation as compared with BTO projects. Maybe 8 years MOP? :cheers2:

ysyap
07-02-12, 05:09
according to sim lian's press release, 149 sold so far.

but they divert attention to say 2/3 of penthouses sold. :D

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_31D4F720E777D8104825799C00384BC9/$file/120206-Update.Release-The.Tampines.Trilliant.pdf?openelementSo those 2000+ applicants only joined the queue for hello kitty? I suspect many are 2nd timers with spare cash from impending sales of their HDB but coz of quota kanna balloted out? My colleague failed in his ballot coz he's 2nd timer! :(

Montaigne
07-02-12, 06:03
So those 2000+ applicants only joined the queue for hello kitty? I suspect many are 2nd timers with spare cash from impending sales of their HDB but coz of quota kanna balloted out? My colleague failed in his ballot coz he's 2nd timer! :(
Confirm second timer.same case as rain forest, my friend first timer bot one unit told me more than half of the crowd cleared when announce quota hit. 2nd timer has deep pockets.

jonathann80
07-02-12, 18:52
its about 1000 appkicants. ard 60% are 2nd timer it seems.

gpang77
08-02-12, 17:32
Friends or future neighbours who have just bought a unit at The Tampines Trillliant.

Please feel free to join the FB group: Residents of the Tampines Trilliant
We will discuss the various matters related to the project itself.At the moment the group is not fully populated, but I am sure it will be soon.

See you there!

jonathann80
08-02-12, 22:39
buyer of Trilliant. please share what is the best loan package being offered to you. thanks.

birdies
06-03-12, 22:19
Just went there this afternoon, only few cars and I believe we are one of the two families looking..

OMG! All the PH are sold..at $1.1M to $1.4M and with household income maxing out at $12K, I think Singaporean are going to slog their life off paying off the mortgages.. :doh:

dtrax
06-03-12, 22:22
Just went there this afternoon, only few cars and I believe we are one of the two families looking..

OMG! All the PH are sold..at $1.1M to $1.4M and with household income maxing out at $12K, I think Singaporean are going to slog their life off paying off the mortgages.. :doh:


No need worry for them, I join the Trilliant facebook group to kaypoh.. its sup sup water for them. In one of the group chat, I overheard one of them casually saying, ah yah top up 200k more only can upgrade PH liao. Pple so guailan 200k no sweat, why need to care they slogging or not?

price
06-03-12, 22:45
No need worry for them, I join the Trilliant facebook group to kaypoh.. its sup sup water for them. In one of the group chat, I overheard one of them casually saying, ah yah top up 200k more only can upgrade PH liao. Pple so guailan 200k no sweat, why need to care they slogging or not?

Aiya mostly use parent's $$ 1 lar. I got so many young couple friends Parents easily take out 200k for their down payment.

rymccondo77
07-03-12, 00:42
Think one of the reasons the Tampines Trilliant Penthouses were sold out is that the layout of the penthouses of this EC is different from the other ECs (and some other PCs too) - there are bedrooms on the upper floor, unlike other penthouses (ECs in particular) where the upper floor is just the roof terrace.

You can see the penthouse floor plans here:

http://www.facebook.com/media/set/?set=a.147315812047371.26329.147285612050391&type=3

Wonder how many of these were bought by 2nd timers - they would be more able to afford the penthouses assuming that they can sell off their HDB flats at a good price.

birdies
08-03-12, 22:24
Down payment is one factor but interest rate? It is low now but who can tell in 2-3 years time?

1% interest on 1 million is $10K. Imagine 3-4% interest on 1 million can easily be $30-40K. I cannot imagine having monthly income not more than $12K and paying mortgage interest of $30-40K a year. OMG! Shivers...:scared-1:

If I am not wrong, the peak in interest rate is 8% easily!! Wow, then we will see a lot of force sell..!! :cheers6:


Aiya mostly use parent's $$ 1 lar. I got so many young couple friends Parents easily take out 200k for their down payment.

latour
09-03-12, 08:53
Down payment is one factor but interest rate? It is low now but who can tell in 2-3 years time?

1% interest on 1 million is $10K. Imagine 3-4% interest on 1 million can easily be $30-40K. I cannot imagine having monthly income not more than $12K and paying mortgage interest of $30-40K a year. OMG! Shivers...:scared-1:

If I am not wrong, the peak in interest rate is 8% easily!! Wow, then we will see a lot of force sell..!! :cheers6:

if interest rate goes up to so high 2 things will happen - either S'pore economy is doing exceptionally veri well and all assets appreciate like mad, or garment and the banks are in deep deep trouble.

devilplate
09-03-12, 09:05
Down payment is one factor but interest rate? It is low now but who can tell in 2-3 years time?

1% interest on 1 million is $10K. Imagine 3-4% interest on 1 million can easily be $30-40K. I cannot imagine having monthly income not more than $12K and paying mortgage interest of $30-40K a year. OMG! Shivers...:scared-1:

If I am not wrong, the peak in interest rate is 8% easily!! Wow, then we will see a lot of force sell..!! :cheers6:
so wat? either buy in full cash or continue to rent like sissy B?

birdies
09-03-12, 11:36
if interest rate goes up to so high 2 things will happen - either S'pore economy is doing exceptionally veri well and all assets appreciate like mad, or garment and the banks are in deep deep trouble.

I ain't an expert but just take a look at countries at Japan..Who would expects the Japanese's economy to be :scared-3: ..And their mortgage loan interest ain't that low either..

birdies
09-03-12, 11:37
so wat? either buy in full cash or continue to rent like sissy B?

Patience is virtue in this market sentiments..Some might disagree but I am ok. :2cents:

price
09-03-12, 12:23
Down payment is one factor but interest rate? It is low now but who can tell in 2-3 years time?

1% interest on 1 million is $10K. Imagine 3-4% interest on 1 million can easily be $30-40K. I cannot imagine having monthly income not more than $12K and paying mortgage interest of $30-40K a year. OMG! Shivers...:scared-1:

If I am not wrong, the peak in interest rate is 8% easily!! Wow, then we will see a lot of force sell..!! :cheers6:

Errr? Then when to buy? Low interest rate scared become high 1 day. High interest rate wait for low?

devilplate
09-03-12, 12:29
Errr? Then when to buy? Low interest rate scared become high 1 day. High interest rate wait for low?
exactly my point....

tats y i ask him how lor....

so scare den goto pay in full...but den $$ not enuff how? just keep renting like sissy B?

price
09-03-12, 12:51
exactly my point....

tats y i ask him how lor....

so scare den goto pay in full...but den $$ not enuff how? just keep renting like sissy B?

lol sissy B rents a place?

devilplate
09-03-12, 13:03
lol sissy B rents a place?
he himself say one


tons in strait times classified & propertyguru....go & ask for it, you will get, 10-20%...
I sold what I need to...only fools still keep now....in next 1-2 yrs, you will know....:)

price
09-03-12, 13:35
he himself say one

Actually i know a family of 5, sold their condo, moved into a relative's HDB hoping for price to drop. Now BTH liao cause everyday their kids kpkb. Grandma squeezing with 2 kids in 1 room.

But the sad thing is that now they can only afford a 2+1 bedder at a BUC condo. (previously sold a 4 bedder)

latour
09-03-12, 14:50
Actually i know a family of 5, sold their condo, moved into a relative's HDB hoping for price to drop. Now BTH liao cause everyday their kids kpkb. Grandma squeezing with 2 kids in 1 room.

But the sad thing is that now they can only afford a 2+1 bedder at a BUC condo. (previously sold a 4 bedder)

I know of a few (some are fren's fren/relatives etc.) in same boat. I do know of one whom sold his 4rm HDB 2 year ago (cash out, and happy then) and wanting to buy back a 3rm flat (wait for price to drop. At about same area, downgrade etc.) but until now still have not buy becos 3rm resale price kept going up and now about the same price as what he sold his 4rm HDB 2 years ago.

In the meantime, he stay with his relative and was suppose to be for 6months only initially. This is sad...

birdies
13-03-12, 15:12
Errr? Then when to buy? Low interest rate scared become high 1 day. High interest rate wait for low?

Hi there, I think you get me wrong. In property market, it is easier to predict when is the lower trend to buy as compared to stock market which is why I am waiting..Patience is virtue..

However, the significant difference between stock and property is the cycles of ups and downs. The property market cycle is for sure longer than stock market and what I am saying is if we catch it now in the property market (likelyhood is we are at high), the bigger possibility is that when it dips, people with little holding power will be forced out of the market. The rich is of course ok..

Stock on the other hand is different. The cycle is shorter and likely for the cycle to goes up is much faster. That is to say if we catch it at a wrong timing, the bail out is faster..

I am also for one looking for one but now i am a little wary..

The biggest mistake for people who are in property now is the "greater fool theory"..:doh:

http://en.wikipedia.org/wiki/Greater_fool_theory

Guys, I am not an expert in property market but just like to share my thoughts. For sure, I am a little bit too conservative but I think it pays off long run..

Do not shoot me hor..

price
13-03-12, 15:37
Hi there, I think you get me wrong. In property market, it is easier to predict when is the lower trend to buy as compared to stock market which is why I am waiting..Patience is virtue..

However, the significant difference between stock and property is the cycles of ups and downs. The property market cycle is for sure longer than stock market and what I am saying is if we catch it now in the property market (likelyhood is we are at high), the bigger possibility is that when it dips, people with little holding power will be forced out of the market. The rich is of course ok..

Stock on the other hand is different. The cycle is shorter and likely for the cycle to goes up is much faster. That is to say if we catch it at a wrong timing, the bail out is faster..

I am also for one looking for one but now i am a little wary..

The biggest mistake for people who are in property now is the "greater fool theory"..:doh:

http://en.wikipedia.org/wiki/Greater_fool_theory

Guys, I am not an expert in property market but just like to share my thoughts. For sure, I am a little bit too conservative but I think it pays off long run..

Do not shoot me hor..

Yup, i'm sure everyone here understands this. But one thing no one knows is whether at this high, property prices will continue to rise. No one knows when will it fall. So your right, patience is virtue. Just don't miss the boat when its here!

Ilikeu
13-03-12, 15:38
Hi there, I think you get me wrong. In property market, it is easier to predict when is the lower trend to buy as compared to stock market which is why I am waiting..Patience is virtue..

However, the significant difference between stock and property is the cycles of ups and downs. The property market cycle is for sure longer than stock market and what I am saying is if we catch it now in the property market (likelyhood is we are at high), the bigger possibility is that when it dips, people with little holding power will be forced out of the market. The rich is of course ok..

Stock on the other hand is different. The cycle is shorter and likely for the cycle to goes up is much faster. That is to say if we catch it at a wrong timing, the bail out is faster..

I am also for one looking for one but now i am a little wary..

The biggest mistake for people who are in property now is the "greater fool theory"..:doh:

http://en.wikipedia.org/wiki/Greater_fool_theory

Guys, I am not an expert in property market but just like to share my thoughts. For sure, I am a little bit too conservative but I think it pays off long run..

Do not shoot me hor..

The stock market, say the STI, can correct 50% very sharply - but your overall portfolio (if you have penny stocks for eg.) can crash 70%. Hard to believe (at this moment) ppty will follow that kind of correction. I still hold the view stock market has to crash before ppty prices follows any significant correction...

price
13-03-12, 15:41
The stock market, say the STI, can correct 50% very sharply - but your overall portfolio (if you have penny stocks for eg.) can crash 70%. Hard to believe (at this moment) ppty will follow that kind of correction. I still hold the view stock market has to crash before ppty prices follows any significant correction...
Yes, stock market gotta crash significantly and people have to start losing their jobs before the property market will fall drastically:please-die:

birdies
13-03-12, 15:54
Yup, i'm sure everyone here understands this. But one thing no one knows is whether at this high, property prices will continue to rise. No one knows when will it fall. So your right, patience is virtue. Just don't miss the boat when its here!

Hello, I agreed that everyone understand this of course. No doubts about that..But the bigger issue is like I said in a post: it just strikes me now that there are a lot of great or FIRM believers in the greater fool theory in the property market..

It does not take long for one to realise that now the property market is at a record high..so the chances for it to come down is greater than going up..given what the sg. gov is trying to achieve..

birdies
13-03-12, 16:02
The stock market, say the STI, can correct 50% very sharply - but your overall portfolio (if you have penny stocks for eg.) can crash 70%. Hard to believe (at this moment) ppty will follow that kind of correction. I still hold the view stock market has to crash before ppty prices follows any significant correction...

Hello, sorry I may have confused some. What I am saying is the cycles of stock market is shorter than property. It takes a longer holding period in property market than in stock market. Especially now with the 4 years additional stamp duty for seller.

Tentency for people (who are getting into the property market now in a high trend) is they lose out in the longer term should the property market corrects itself. The 4 year holding period is crucial.. buy now, you also cannot sell within 4 years unless your nett profit after selling exceeds 16% in the first year, and subsequent to the relative % in the following years.

price
13-03-12, 16:09
Hello, I agreed that everyone understand this of course. No doubts about that..But the bigger issue is like I said in a post: it just strikes me now that there are a lot of great or FIRM believers in the greater fool theory in the property market..

It does not take long for one to realise that now the property market is at a record high..so the chances for it to come down is greater than going up..given what the sg. gov is trying to achieve..
I doubt that they are trying to bring it down. Maybe more of maintaining it. But yes i do agree that prices are all time high now. Perhaps today's high will be tomorrow's low. :2cents:

Ilikeu
13-03-12, 16:13
Hello, sorry I may have confused some. What I am saying is the cycles of stock market is shorter than property. It takes a longer holding period in property market than in stock market. Especially now with the 4 years additional stamp duty for seller.

Tentency for people (who are getting into the property market now in a high trend) is they lose out in the longer term should the property market corrects itself. The 4 year holding period is crucial.. buy now, you also cannot sell within 4 years unless your nett profit after selling exceeds 16% in the first year, and subsequent to the relative % in the following years.

As i hold the view that stock market has to crash before ppty prices will correct significantly, hence if the stock market did indeed crash, i will go into the stock market to pick up the blue chips instead of waiting for the ppty prices to fall. Hence if one choose to wait, he has the option to go into stock as well if both stock and ppty correct significantly.

birdies
13-03-12, 16:20
I doubt that they are trying to bring it down. Maybe more of maintaining it. But yes i do agree that prices are all time high now. Perhaps today's high will be tomorrow's low. :2cents:

Yes, agreed that sg. gov is trying to maintain it but there are also a lot of external factors now that are worth considering..

I also want to point out ONE important factor. Affordabilty

I really wonder (apart from leveraging the current low interest rate), how are Singaporeans affording the current property prices? I could be wrong but doubts a lot of them are really in that "elite" force..:doh:

Of course, FTs are ok lah..but I am a true blue singaporean..

price
13-03-12, 16:25
Yes, agreed that sg. gov is trying to maintain it but there are also a lot of external factors now that are worth considering..

I also want to point out ONE important factor. Affordabilty

I really wonder (apart from leveraging the current low interest rate), how are Singaporeans affording the current property prices? I could be wrong but doubts a lot of them are really in that "elite" force..:doh:

Of course, FTs are ok lah..but I am a true blue singaporean..
SG's middle income grp is huge. You'll be surprised by the amount of SGeans having spare cash in hundreds of thousands

Ilikeu
13-03-12, 16:27
Yes, agreed that sg. gov is trying to maintain it but there are also a lot of external factors now that are worth considering..

I also want to point out ONE important factor. Affordabilty

I really wonder (apart from leveraging the current low interest rate), how are Singaporeans affording the current property prices? I could be wrong but doubts a lot of them are really in that "elite" force..:doh:

Of course, FTs are ok lah..but I am a true blue singaporean..

Most probably they have one hdb fully paid... and with 5-10 years of savings, it should not be a problem to pay down 20% to upgrade to a condo.

Ilikeu
13-03-12, 16:29
You'll be surprised by the amount of SGeans having spare cash in hundreds of thousands

Not me, i am not surprised. :spliff:

price
13-03-12, 16:39
Not me, i am not surprised. :spliff:
Yea me neither. I know of aunties and uncles who buys property with just a couple of years loan. They actually have more than enough to pay in cash if they want.

Ilikeu
13-03-12, 16:45
Yea me neither. I know of aunties and uncles who buys property with just a couple of years loan. They actually have more than enough to pay in cash if they want.

I know of many people who can easily save cash $5k a month (=$300k in 5 years excluding bonus), and enough for the downpayment to buy a condo every 5 years (or less) or so.

birdies
13-03-12, 16:47
SG's middle income grp is huge. You'll be surprised by the amount of SGeans having spare cash in hundreds of thousands

Actually I am not surprised..maybe they are "peanuts"..

price
13-03-12, 16:57
Actually I am not surprised..maybe they are "peanuts"..
Precisely my point.

bargain hunter
16-04-12, 14:48
EC with most balance units.

153 sold in mar at 798psf median. 332 units to go.

benpunggol
21-06-13, 10:07
Construction progress as of today for Tampines Trilliant.

Good house
21-06-13, 10:32
EC with most balance units.

153 sold in mar at 798psf median. 332 units to go.


Anymore balance unit?

benpunggol
21-06-13, 10:49
Anymore balance unit?

Don't think so there's any more balance units. Unless there's 1 or 2 units not approve by HDB or some loan matters else it's fully sold.

09-10-13, 16:25
Any news of updated TOP date?

benpunggol
10-10-13, 11:13
Any news of updated TOP date?

The official TOP date remain as 31 March 2015. From what i notice at the Trilliant construction site, the TOP date might be earlier.