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price
30-03-12, 23:44
Ok wat....integrated project .....mall, manmade longkang, mrt.....3in1 supermax....hehehe.....decent layout....full marbles and cost 5xxk.....

Better den those boutique mm apts wif limited facilities and 1400psf rite?

1400 FH maybe i still can understand in D15 or prime areas. but how come KG also 1500 upon TOP liao? hahahaha buyers dun care LH or FH anymore?

devilplate
30-03-12, 23:44
Ok back to ripple bay.. I think the condo layout looks quite nice.

It's also a fact that waterfront properties still has an x factor to it compared to non waterfront property.

Good point on the park BBQ smoke.. At least stg to consider for potential buyers.

Anyone knows whether the spa pool is hot water or cold water? I have an affinity for condo projects with warm water pool.. Haha
Goto changi beach lor.....but be careful of sissy b when u go in the evening....wakakakaka

devilplate
30-03-12, 23:49
Which part I said are baseless? That I said Ripple Bay is selling at 100% premium to Oasis@Elias is baseless? :tsk-tsk:
And what I said about Ripple Bay situated at a lousier and more inconvenient location compared to Oasis@Elias is also baseless? :doh:
I needn't need to go further, only need to summarize 1 sentence: Ripple Bay can sell only because of govt rules & developers hooking with banks to assign obscene valuations (vs resale) making it favorable to buy new launch at obscene prices! :scared-2:
i oredi mentioned a few ready projects along jlb....pls go ura website and check out their recent transacted px....

I am waiting for u to prove me ur 100% premium base on usable space....if not, it only shows u r now desperately trying to let go ur unit at OE :p

devilplate
30-03-12, 23:53
1400 FH maybe i still can understand in D15 or prime areas. but how come KG also 1500 upon TOP liao? hahahaha buyers dun care LH or FH anymore?
Ask our expert teddybear la.....

Apparently KG had proven his theory wrong.....lol

price
31-03-12, 00:05
i oredi mentioned a few ready projects along jlb....pls go ura website and check out their recent transacted px....

I am waiting for u to prove me ur 100% premium base on usable space....if not, it only shows u r now desperately trying to let go ur unit at OE :p
i think u hit the nail hahaa

price
31-03-12, 00:07
Ask our expert teddybear la.....

Apparently KG had proven his theory wrong.....lol
Aiya, i think its all about quantum now. ppl dont mind paying 6xxk for a brand new MM if they can get it immediately.

teddybear
31-03-12, 00:33
Hit what on the nail Aaron? :banghead:


i think u hit the nail hahaa


i oredi mentioned a few ready projects along jlb....pls go ura website and check out their recent transacted px....

I am waiting for u to prove me ur 100% premium base on usable space....if not, it only shows u r now desperately trying to let go ur unit at OE :p

devilplate
31-03-12, 00:34
Aiya, i think its all about quantum now. ppl dont mind paying 6xxk for a brand new MM if they can get it immediately.
Tats similar to my answer i provided last time leh :p

buy to stay and save on rental....those wun buy new launch bcoz cannot wait liao

teddybear
31-03-12, 00:36
Hit what on the nail aaron? :rolleyes:
You don't know that devil is a new launch property "specialist" (if you like him so much, or "con-man" if you don't like?) :p


i think u hit the nail hahaa


i oredi mentioned a few ready projects along jlb....pls go ura website and check out their recent transacted px....

I am waiting for u to prove me ur 100% premium base on usable space....if not, it only shows u r now desperately trying to let go ur unit at OE :p

price
31-03-12, 00:36
Hit what on the nail Aaron? :banghead:



[/I]
[/I]
huh? i dont understand u

teddybear
31-03-12, 00:39
You don't understand never mind, I understand can already. By the way, be careful of your words.... :cheers5:



huh? i dont understand u



Hit what on the nail Aaron? :banghead:

price
31-03-12, 00:42
You don't understand never mind, I understand can already. By the way, be careful of your words.... :cheers5:

You are taking everything too personal my friend. :eek: When did my words offended u? :beats-me-man: After reading ur previous post a few times, are u trying to name me? lol pathetic

devilplate
31-03-12, 00:42
Hit what on the nail aaron? :rolleyes:
You don't know that devil is a new launch property "specialist" (if you like him so much, or "con-man" if you don't like?) :p
Typical losers...

start on accusations when losing a battle....lol

I am a new launch specialist and yet i tell ppl here dun buy any ppty at the same time since 14jan 2011....lol

Ppl also accuse me of selling off my ppty and waiting to buy tats y i tell ppl not to buy.....wakakaka

Anymore stories? Wakakakakaka

teddybear
31-03-12, 00:44
It is ok, everybody here knows you will start to twist and turn when you loose an argument and start to point elsewhere to deflect the argument... :rolleyes:


Typical losers...

start on accusations when losing a battle....lol

I am a new launch specialist and yet i tell ppl here dun buy any ppty at the same time since 14jan 2011....lol

Ppl also accuse me for selling off my ppty and waiting to buy tats y i tell ppl not to buy.....wakakaka

Anymore stories? Wakakakakaka

price
31-03-12, 00:46
Hit what on the nail aaron? :rolleyes:
You don't know that devil is a new launch property "specialist" (if you like him so much, or "con-man" if you don't like?) :p
Aaron? What does (if you like him so much, or "con-man" if you don't like) suppose to mean? im really confused. Anyways u 2 can fight it out. Not gonna get personal with u. waste of time.

devilplate
31-03-12, 00:50
It is ok, everybody here knows you will start to twist and turn when you loose an argument and start to point elsewhere to deflect the argument... :rolleyes:
wakakaka

Ok la teddybear.....jus admit u r not familiar wif d18.... Oasis@elias is a recent TOP project located at elias mall.....no way better usable space den ripplebay

Elias green is the one next to tpe and going for 600psf.....due to age tats y cheap cheap

i feel sorry for u actually....orchard is very dead without foreign buyers.....cm5 too harsh on u......govt cannot please everyone and u r one of their collateral damage/victim

latour
31-03-12, 00:59
Relax lar bro, it's already the weekend... Gearing up for going to kaypoh at showrooms.. Haha.

devilplate
31-03-12, 01:10
Relax lar bro, it's already the weekend... Gearing up for going to kaypoh at showrooms.. Haha.
wakaka.....tmr which showflat u gg? :p

Ricade
31-03-12, 10:26
If anyone visit ripple bay showflat.. Ask abt the spa pool.. Warm water or cold water?
Ahha maybe later go down myself.

azeoprop
31-03-12, 10:28
Go down and grab your choice unit now! :D

Panerex77
31-03-12, 11:00
wakaka.....tmr which showflat u gg? :p

I m gng for ripple bay showflat.

Not sure if palm isle showflat is up already since they are in the same vicinity.

devilplate
31-03-12, 11:26
If anyone visit ripple bay showflat.. Ask abt the spa pool.. Warm water or cold water?
Ahha maybe later go down myself.
u so cute....

so u will buy if there is a hot spa pool? LOL

devilplate
31-03-12, 11:27
I m gng for ripple bay showflat.

Not sure if palm isle showflat is up already since they are in the same vicinity.
shd be up bah.....today 2 full page for palm.....but nvr see ripplebay ad leh....????

3C
31-03-12, 12:31
Went down on Thurs. Whoa pian, could not even find a place to sit. Small & sea view units were snapping up like hot cakes.

Impressed by the beautiful landscape. Was surprised that 1 bedders have a balcony with full beautiful pool view. Quite tempting, 900+ psf compared to Palette 1 bedder abt 1200 psf with little pond view:scared-5:

3C
31-03-12, 12:31
Went down on Thurs. Whoa pian, could not even find a place to sit. Small & sea view units were snapping up like hot cakes.

Impressed by the beautiful landscape. Was surprised that 1 bedders have a balcony with full beautiful pool view. Quite tempting, 900+ psf compared to Palette 1 bedder abt 1200 psf with little pond view:scared-5:

Ricade
31-03-12, 12:34
Not so fast lah normally when I buy property I always visIt the showflat / unit at least 5 times before committing.. Wahaha need to asses whether is really love or impulse

Ricade
31-03-12, 12:36
u so cute....

so u will buy if there is a hot spa pool? LOL

Maybe why not.. Know any other cOndo with hot pools ard?

Ricade
31-03-12, 16:03
Just came back from the showflat.. Haha agent couldn't answer whether spa pool is warm water or not.. Haizzzzz why developer cannot specify.. Been having this small peeve regarding unspecified warm/cold pool issue in new launches. Maybe condo developers Shd take note..

Anyways some feedback.. The 4BR doesn't look appealing to me. 2 BR is normal but common toilet is enclosed, no window. 1BR looks like it's the best bet. it's going for ard low 500k after discount

Anyone knows what is standard rental rate for this area 1BR - new development? Agent quotes me 2.5k - that is an impressive yield if going by $500k as quantum. 6% gross yield and mthly installment is 1.1k based on 1.5% ir, and 40 years loan.

Quite interesting.. Still makes pretty decent returns based On agent's projection

Xan
31-03-12, 17:01
Just came back from the showflat.. Haha agent couldn't answer whether spa pool is warm water or not.. Haizzzzz why developer cannot specify.. Been having this small peeve regarding unspecified warm/cold pool issue in new launches. Maybe condo developers Shd take note..

Anyways some feedback.. The 4BR doesn't look appealing to me. 2 BR is normal but common toilet is enclosed, no window. 1BR looks like it's the best bet. it's going for ard low 500k after discount

Anyone knows what is standard rental rate for this area 1BR - new development? Agent quotes me 2.5k - that is an impressive yield if going by $500k as quantum. 6% gross yield and mthly installment is 1.1k based on 1.5% ir, and 40 years loan.

Quite interesting.. Still makes pretty decent returns based On agent's
projection

Thot some people says 1 bedder is around 4xx k? Why now become 5xx k?
Price increase?

kane
31-03-12, 17:26
How much is a 2 bedder?

Noexit
31-03-12, 17:45
Around 650k
How much is a 2 bedder?

Ricade
01-04-12, 01:10
Thot some people says 1 bedder is around 4xx k? Why now become 5xx k?
Price increase?

Taking average of the price range

heutistmeintag
01-04-12, 10:19
... Agent quotes me 2.5k - that is an impressive yield if going by $500k as quantum. 6% gross yield and mthly installment is 1.1k based on 1.5% ir, and 40 years loan.

Quite interesting.. Still makes pretty decent returns based On agent's projection

I am not a property expert but have this question.

There are many recent launches and realistically, the availability of 1-2 bdr and MM will increase significantly in a few years time. Is the quote of 2.5k based on current market or the projected rental in a few years time?

amk
01-04-12, 11:42
2.5k rent is the bullshit projection agents made, pretty much the same way as insurance agents telling you your whole life policy has an expected return of 7% pa over the next 20yrs :cool:

Btw devilplate bro, sometimes I dun understand your posts. You yourself said many times there is no way you will buy anything for investment after CM4 (not even 5), and yet your other posts seem to suggest (at least) some of the new launches are good buys. Look at the style of most new launches , most are selling ppl the dream of an investment pty, the abundance of tiny 1 2 bedders. The median size of units sold in th least quarter is something like 6-700 sqft. It's clear who are in the market now. WB one bedder 600k someone says cheap; then it's better'ed by PR 480 to 500k laggi better deal; now RB even better 4xxk plus only, bestest ?? Can't you see ppl are drawing into this cult feverishly ? ( and seriously why u like to poke teddybear... All thanks to the CMs the above is happening. This is not healthy for this market.)

phantom_opera
01-04-12, 11:49
2.5k 1br near bedok with mrt is possible as 3r hdb asking above 2k, pasir ris less than 2k if far from mrt

ppty
01-04-12, 12:04
just wait n watch - a few years later the demand will be back for larger units and those having 3 and 4 bedder will have the last laugh

MM holders will just have to carry that tiny baby....

dtrax
01-04-12, 12:07
I am not a property expert but have this question.

There are many recent launches and realistically, the availability of 1-2 bdr and MM will increase significantly in a few years time. Is the quote of 2.5k based on current market or the projected rental in a few years time?

To play safe, always give yourself a lower buffer by any figures the agent quoted to you so that you are not in for a surprise. Use HDB based line and 1rm studio rental in the market as a guage. I would say probably in the range of 1.7-2k

ppty
01-04-12, 12:42
read today's Sunday Times on MM rental - prospects of rental values more about assumptions .....

Arcachon
01-04-12, 13:14
I am not a property expert but have this question.

There are many recent launches and realistically, the availability of 1-2 bdr and MM will increase significantly in a few years time. Is the quote of 2.5k based on current market or the projected rental in a few years time?

Fiat money, a few years time it will be 3.5k.

http://www.youtube.com/watch?v=8Xt5US8FUpw&feature=related

http://www.youtube.com/watch?v=7zvNV-vkEzc

melodies
01-04-12, 13:22
By after 2018, we will get back to yester-years where 5-rm HDB flats can only rent for <$1500 pm again. Massive HDB supply hitting market!


2.5k 1br near bedok with mrt is possible as 3r hdb asking above 2k, pasir ris less than 2k if far from mrt

Arcachon
01-04-12, 13:28
Money don't grow on tree, they just print it.

http://1.bp.blogspot.com/-ifZ-l7BWhRQ/Tv2-imNjXqI/AAAAAAAAAPU/dS-cj9nDNBE/s1600/Singapore+M2+Money+Supply.png

Ricade
01-04-12, 13:31
I agree guys, 2.5k is quite a high amt for 1BR MM..
But what is mkt doing now for pasir ris area ? Anyone familiar with mkt care to share?

Can't find similar comparison for this project.. Tried looking ard and only found Oasis@Elias which jus TOP recently. But even then the smallest units there are 2BR.

Really hoping someone can share a light on this.. Tks guys

phantom_opera
01-04-12, 13:39
Money don't grow on tree, they just print it.

http://1.bp.blogspot.com/-ifZ-l7BWhRQ/Tv2-imNjXqI/AAAAAAAAAPU/dS-cj9nDNBE/s1600/Singapore+M2+Money+Supply.png

you need to account for GDP growth as more money is needed to grow ..

last check Feb 2012 M3 @ 453,465 ... double from Jan 2006 (in 6y), far exceeding GDP growth .. it is also faster than 1992-1998 6y high growth period, basically the only conclusion is that inflation rate is now higher than 1992-1998, but not much more

phantom_opera
01-04-12, 13:43
I agree guys, 2.5k is quite a high amt for 1BR MM..
But what is mkt doing now for pasir ris area ? Anyone familiar with mkt care to share?

Can't find similar comparison for this project.. Tried looking ard and only found Oasis@Elias which jus TOP recently. But even then the smallest units there are 2BR.

Really hoping someone can share a light on this.. Tks guys

You can use A-G condos 1br to judge the rental potential ;)

Arcachon
01-04-12, 13:44
In 2006 I buy my 2 Bedroom Southbank for 535K. I rent my 5 room for 1.2k per month.
In 2011, 2 Bedroom @ Southbank cost 1.5 million rent for 4.1K and my 5 room rent for 2.4k per month.

"By after 2018, we will get back to yester-years where 5-rm HDB flats can only rent for <$1500 pm again. Massive HDB supply hitting market! "

In order for 5 room rent to reduce to < $1500.

1. US need to get QE1, QE2 money back
2. Europe need to recover Euro 1 trillion or more.
3. Singapore population need to reduce 1 million.

Money Printing Outlook for 2012

Based on today's action lets pencil in Euro 1 trillion more of QE for Europe, $600 billion of QE for the US and say £150 billion of QE for the UK, then that's a potentially inflationary boost to the western economies of $2 trillion during 2012 which as a consequence of the fractional reserve banking will be leveraged up to at LEAST a factor of X10 or $20 trillion. Many can argue that the money is not being lent out but rather hoarded and used to pay down debt, which is true to some extent but there will be such a potential of leveragable liquidity sloshing around by the end of 2012, that it could eventually result in inflation rates soaring to levels that we cannot even imagine today,

http://www.marketoracle.co.uk/Article32265.html

phantom_opera
01-04-12, 13:46
Ripple Bay 1br at high 4xxk ... comparable to Parc Rosewood right :tongue3:
Sure can rent out one lah ... depends on how high is your expectation ... rent to Bangla .. squeeze 10 persons into one condo unit sure can hit 2.5k :D But after 1y be prepared to redo your house ... and risk complaints from others

And you can probably check out One Amber 5XXsqft rental :2cents:

Ricade
01-04-12, 13:50
Per owner at OE thread, 2br at the area yields 3.2 rent

So is the 2.5k rent for 1BR unrealistic?

phantom_opera
01-04-12, 13:56
Frankly speaking .. I think bro devilplate is right ... 850psf 1br @ Ripple Bay is quite cheap leh..

THE ESTUARY YISHUN AVENUE 1 Condominium 1 600,000 592 Strata 1,013psf Mar-12

this one in the north, equally far from MRT / amenities, west sun +++

and @ half the price of One Amber ... give HDB ppl a chance lah to own the dream condo

ONE AMBER AMBER GARDENS Condominium 1 950,000 570 Strata 1,665psf Dec-11

kane
01-04-12, 14:06
I think the 2500 per month for a 1 bed is overly bullish. The slew of 1 and 2 bed coming online in the next few years could push rentals back even after factoring in money printing. Rentals have ran ahead of M3.

Ricade
01-04-12, 14:16
Regardless guys, if already have property in Portfolio, maybe hold and don't over leverage in light of possible downturn or IR increase.

If no property in portfolio yet, RB pricing still males sense hence can consider but have to take a risk of development time, and possible downturn / IR increase.

OE owners collecting keys right now, Congrats coz current rentals seems to be quite lucrative. Save more so that can tide over bad period if economy worsens or ir increase (hyper inflation).

ikan bilis
01-04-12, 14:39
searched propertyguru... for 2.5K/month, 2bdr, min 500ft size , you can get lots of 2bdr apartments islandwide....

http://www.propertyguru.com.sg/singapore-property-listing?listing_type=rent&search_type=district&property_type=N&school=&mrt=&address=&property_id=&distance=0.5&latitude=&longitude=&interest=&hdb_type_group=&minprice=2500&maxprice=&minbed=2&maxbed=&minsize=500&maxsize=&minsize_land=&maxsize_land=&freetext=&minpsf=&maxpsf=&listing_posted=&mintop=&maxtop=&sort=price&order=asc&min_latitude=&max_latitude=&min_longitude=&max_longitude=&submit=

and those hillview FH condos provide the most of these ~2.5K cheap rental...


got 1 casa pasir ris 1076ft 2bdr asking 2.8K....

http://www.propertyguru.com.sg/listing/2096719/for-rent-casa-pasir-ris

kane
01-04-12, 15:04
I would cater for a 20-30% drop in rentals just in case. If you can accepts rental at that lower level, that you should be fine. I don't doubt rentals will eventually go up from here but the smaller units will likely have some consolidation before heading higher.

phantom_opera
01-04-12, 15:32
Check out Taipei and China ... high prices low rental ... so anything is possible going forward ... we cannot predict the market at all

Property market in SG is unlikely to correct in big way unless prime property market in HK, TW & China also correcting the same way

kane
01-04-12, 15:41
Check out Taipei and China ... high prices low rental ... so anything is possible going forward ... we cannot predict the market at all

Property market in SG is unlikely to correct in big way unless prime property market in HK, TW & China also correcting the same way

How much are properties in taipei? I like that city.

Akira Fudou
01-04-12, 15:55
just wait n watch - a few years later the demand will be back for larger units and those having 3 and 4 bedder will have the last laugh

MM holders will just have to carry that tiny baby....

Do you know the real reason behind the low demand for bigger unit? You think pple buy smaller units because they like it small? Its all about the price quantum isnt it?

If the property market continue to prosper, smaller units will always be in higher demand.

bigger units getting more demand than smaller units? Market crash loh... price down so much that pple rather go for bigger units. You can always increase the demand now by pricing down your big units loh.

Im no expert, this is just my own personal view based on my limited logical thinking. correct me if im wrong. thank you

Ricade
01-04-12, 16:29
The interesting thing abt sigapore is.. Our land size is limited. And no matter what we do, no more land means no more land.

Check out Taipei, HK, China.. They actually still have lots of space at the city fringe.. So no matter what owning a property in SG is good. But please make sure your financials are in good order.. Don't overleverage.

devilplate
01-04-12, 16:45
2.5k rent is the bullshit projection agents made, pretty much the same way as insurance agents telling you your whole life policy has an expected return of 7% pa over the next 20yrs :cool:

Btw devilplate bro, sometimes I dun understand your posts. You yourself said many times there is no way you will buy anything for investment after CM4 (not even 5), and yet your other posts seem to suggest (at least) some of the new launches are good buys. Look at the style of most new launches , most are selling ppl the dream of an investment pty, the abundance of tiny 1 2 bedders. The median size of units sold in th least quarter is something like 6-700 sqft. It's clear who are in the market now. WB one bedder 600k someone says cheap; then it's better'ed by PR 480 to 500k laggi better deal; now RB even better 4xxk plus only, bestest ?? Can't you see ppl are drawing into this cult feverishly ? ( and seriously why u like to poke teddybear... All thanks to the CMs the above is happening. This is not healthy for this market.)

i pick ripplybay as an example to show tat new launches r not 30% higher den resale px nearby ....in fact ripplebay is ripping the resale market by selling lower.....chk out bluwaters 1,2, coastal view, coastal breeze and eastvale etc.....

And yes i am recommending buyers to go for ripplebay if they r looking to buy now as there is no better resale alternative in the vicinity....unless buyers die die only want 999lh ppty....den of coz go for resale but prepared to pay for 9xxpsf.

i myself is not buying since cm4.....i hf accumulated enuff sg ppty and dun hf to buy ppty tat comes wif cm4,5.

Buying ppty is a very personalized affair....many reasons y ppl r buying now.

waterbank studio at 1400psf very gd deal....i dun recommend prw....

devilplate
01-04-12, 16:48
Do you know the real reason behind the low demand for bigger unit? You think pple buy smaller units because they like it small? Its all about the price quantum isnt it?

If the property market continue to prosper, smaller units will always be in higher demand.

bigger units getting more demand than smaller units? Market crash loh... price down so much that pple rather go for bigger units. You can always increase the demand now by pricing down your big units loh.

Im no expert, this is just my own personal view based on my limited logical thinking. correct me if im wrong. thank you
Exactly....i hf been telling ppl the same thing....

big units only will get popular again when prices suffers a big correction....

2bdr at 500k....who still want a 500k mm?

devilplate
01-04-12, 16:55
searched propertyguru... for 2.5K/month, 2bdr, min 500ft size , you can get lots of 2bdr apartments islandwide....

http://www.propertyguru.com.sg/singapore-property-listing?listing_type=rent&search_type=district&property_type=N&school=&mrt=&address=&property_id=&distance=0.5&latitude=&longitude=&interest=&hdb_type_group=&minprice=2500&maxprice=&minbed=2&maxbed=&minsize=500&maxsize=&minsize_land=&maxsize_land=&freetext=&minpsf=&maxpsf=&listing_posted=&mintop=&maxtop=&sort=price&order=asc&min_latitude=&max_latitude=&min_longitude=&max_longitude=&submit=

and those hillview FH condos provide the most of these ~2.5K cheap rental...


got 1 casa pasir ris 1076ft 2bdr asking 2.8K....

http://www.propertyguru.com.sg/listing/2096719/for-rent-casa-pasir-ris


But u cant find any just TOP or fairly new 2bdr gg for 2.5k rite?

bluwaters 1,2 command 3k for their 2bdrs. ripplebay upon TOP with full condo facilities cud be seeing 3-3.2k f/f for their 2bdrs if economic condition remains the same.....1bdr shd be about 2.2-2.5k

There is no brandnew 1bdr or studio below 2k in the whole SG at the moment....4yrs later....its everyone guess.....;)

Ricade
01-04-12, 16:59
Well said.. :)

Lovelle
01-04-12, 17:01
why pasir ris is so hot nowadays ?

devilplate
01-04-12, 17:05
Frankly speaking .. I think bro devilplate is right ... 850psf 1br @ Ripple Bay is quite cheap leh..

THE ESTUARY YISHUN AVENUE 1 Condominium 1 600,000 592 Strata 1,013psf Mar-12

this one in the north, equally far from MRT / amenities, west sun +++

and @ half the price of One Amber ... give HDB ppl a chance lah to own the dream condo

ONE AMBER AMBER GARDENS Condominium 1 950,000 570 Strata 1,665psf Dec-11
ripplebay underpriced their 1bdrs....8xxpsf 1bdr dun exist before in d18 in the recent yrs.....i wud say mm price has oredi corrected based on this.

if u compare ripplebay with nv and palette.....u wud notice tat tat their 2bdr all quite similar at 8xx-900psf.....but den nv and palette 1bdr about 1200psf.....whereas ripple abt 900psf.....and quantum wise is about 100k cheaper....

i believe there is always pockets of opportunity even at todays market.

ikan bilis
01-04-12, 17:11
But u cant find any just TOP or fairly new 2bdr gg for 2.5k rite?

bluwaters 1,2 command 3k for their 2bdrs. ripplebay upon TOP with full condo facilities cud be seeing 3-3.2k f/f for their 2bdrs if economic condition remains the same.....1bdr shd be about 2.2-2.5k

There is no brandnew 1bdr or studio below 2k in the whole SG at the moment....4yrs later....its everyone guess.....;)
... at corner corner loyang no near mrt there 1bdr 2.2-2.5k... so parc rosewood 1bdr also will be 2.2-2.5k... and watertown mrt+mall 1bdr 3k??... :cool:

Ricade
01-04-12, 17:12
why pasir ris is so hot nowadays ?

Spillover demand from uber popular tampines area.. Plus decent prices for the
New launches at current mkt condition

Lovelle
01-04-12, 17:15
... at corner corner loyang no near mrt there 1bdr 2.2-2.5k... so parc rosewood 1bdr also will be 2.2-2.5k... and watertown mrt+mall 1bdr 3k??... :cool:

at 2.2k , i think owner got to top up.

devilplate
01-04-12, 17:16
... at corner corner loyang no near mrt there 1bdr 2.2-2.5k... so parc rosewood 1bdr also will be 2.2-2.5k... and watertown mrt+mall 1bdr 3k??... :cool:
i m staying in d18 so i am familiar wif the rental there....3k for 2bdr....so m i wrong to assume 2.2-2.5k for 1bdr? its based on newly TOP or less den 3yo projects.....not older projects

along telok kurau....i noe of ppl rented 3bdr of about 1100sqft at 3k.....whereas newly TOP naturalis 1bdr rented for 2.8k.....dun believe? U go check out those selling wif tenancy

kovan grandeur studio 366sqft 2.2k ok......boutique apts limited facilities and not near to mrt either

Ricade
01-04-12, 17:16
Ok so based on current mkt.. It's still fairly possible for 1 BR newly top project to rent out at 2.5k lah.. Conservatively at 2k, and quantum $500k, actually stil gives 4.8% gross yield which is again.. Still not too bad man.

Ripple Bay is not bad at all folks..

Ah but I do recall, the maintenance fee for 1 BR is relatively on the high side.. Expected to be ard $240/mth. So buyers pls remember to factor this in.

As comparison the Clift at D1 maintainence is only $180 for the 1BR (paiseh use Clift as comparison coz more familiar with this project recently).

Adva181
01-04-12, 17:18
why pasir ris is so hot nowadays ?

U duno pasir ris has the most % of HDB household income >8k in SG?
I rem I read it somewhere it's about 35% or so.
Please correct me if I am wrong.

devilplate
01-04-12, 17:19
Ok so based on current mkt.. It's still fairly possible for 1 BR newly top project to rent out at 2.5k lah.. Conservatively at 2k, and quantum $500k, actually stil gives 4.8% gross yield which is again.. Still not too bad man.

Ripple Bay is not bad at all folks..

Ah but I do recall, the maintenance fee for 1 BR is relatively on the high side.. Expected to be ard $240/mth. So buyers pls remember to factor this in.

As comparison the Clift at D1 maintainence is only $180 for the 1BR (paiseh use Clift as comparison coz more familiar with this project recently).
clift 1bdr maint fee at 215/mth but dun hf car lot

Ripplebay 1bdr is 35x5 share.....

Lovelle
01-04-12, 17:21
U duno pasir ris has the most % of HDB household income >8k in SG?
I rem I read it somewhere it's about 35% or so.
Please correct me if I am wrong.

tot they mentioned punggol / sengkang

looks all the folks in the west like kana stored in the fridge.

devilplate
01-04-12, 17:21
at 2.2k , i think owner got to top up.
Dun say like dat leh....430k 2.2k rental.....vs clift 1.1mil, 4k rental....my clift more jialat ok....lol

devilplate
01-04-12, 17:22
tot they mentioned punggol / sengkang

looks all the folks in the west like kana stored in the fridge.
Pasir ris rank just after punggol sengkang

Anyway pasir ris is not hot at all....contrary, damn cool until developer goto underpriced their units......zzzzz......sabo resale units there....

U see hillview area.....older FH 8xx-900psf and hillvista 1200psf.....

Pasir ris jlb area resale 9xxpsf and ripplebay 8xxpsf.....dammit

ikan bilis
01-04-12, 17:22
i m staying in d18 so i am familiar wif the rental there....3k for 2bdr....so m i wrong to assume 2.2-2.5k for 1bdr? its based on newly TOP or less den 3yo projects.....not older projects

along telok kurau....i noe of ppl rented 3bdr of about 1100sqft at 3k.....whereas newly TOP naturalis 1bdr rented for 2.8k.....dun believe? U go check out those selling wif tenancy

kovan grandeur studio 366sqft 2.2k ok......boutique apts limited facilities and not near to mrt either

ok..ok... change my question a little bit...

"... at corner corner loyang no near mrt there 1bdr 2.2-2.5k... so watertown mrt+mall 1bdr 3k ??..." :rolleyes:

Lovelle
01-04-12, 17:24
Dun say like dat leh....430k 2.2k rental.....vs clift 1.1mil, 4k rental....my clift more jialat ok....lol

skali 2.2k is asking, then haggle left right end up 1.8k. How ?

devilplate
01-04-12, 17:25
ok..ok... change my question a little bit...

"... at corner corner loyang no near mrt there 1bdr 2.2-2.5k... so watertown mrt+mall 1bdr 3k ??..." :rolleyes:
east side got more rental demand den northeast imo.....so i dun tink watertown can fetch 3k.....2.5k shd be fine though.....

devilplate
01-04-12, 17:27
skali 2.2k is asking, then haggle left right end up 1.8k. How ?
4yrs later den we noe the answer....u better pray it dun happen....it only means rental market in sg as a whole dropped!

Lovelle
01-04-12, 17:29
4yrs later den we noe the answer....u better pray it dun happen....it only means rental market in sg as a whole dropped!

2.2k X 12 = roughly $28k

Can make $28k from share market ?

devilplate
01-04-12, 17:31
2.2k X 12 = roughly $28k

Can make $28k from share market ?
Wat u trying to say?

can make 28k from selling backside? :p

ikan bilis
01-04-12, 17:31
east side got more rental demand den northeast imo.....so i dun tink watertown can fetch 3k.....2.5k shd be fine though.....

ok... ok... got your estimation liow... thank you...

corner corner loyang no near mrt about 2.35K (~2.2-2.5K)...
watertown next to mrt and above mall about 2.5K...

difference of $150... :scared-4:

Lovelle
01-04-12, 17:32
Wat u trying to say?

can make 28k from selling backside? :p

if can make $28k from share market then don't buy RB la

devilplate
01-04-12, 17:32
ok... ok... got your estimation liow... thank you...

corner corner loyang no near mrt about 2.35K (~2.2-2.5K)...
watertown next to mrt and above mall about 2.5K...

difference of $150... :scared-4:
who is the potential tenant for watertown?

anyway tell u smthing....mm rental is quite tricky....d8 city fringe mm only 2.5-2.7k hor

Last time i predict kovan grandeur mm fetch at most 1.8k....but i was proven wrong by the market.....

devilplate
01-04-12, 17:35
if can make $28k from share market then don't buy RB la
i oredi said...

PLS STOP BUYING PPTY AS AN INVESTMENT SINCE 14th JAN 2011

devilplate
01-04-12, 17:38
U guys very funny....like to make accusations.....i say ripplebay priced reasonably at todays market means i bought one? Lol

i am not buying means i must say all projects r exp? Lol

Adva181
01-04-12, 17:42
Pasir ris rank just after punggol sengkang

Anyway pasir ris is not hot at all....contrary, damn cool until developer goto underpriced their units......zzzzz......sabo resale units there....

U see hillview area.....older FH 8xx-900psf and hillvista 1200psf.....

Pasir ris jlb area resale 9xxpsf and ripplebay 8xxpsf.....dammit

A new study shows that about 30% of HDB households in Punggol have a monthly income of $9,000 or more.

This is four percentage points higher than the national average compared with other HDB estates.

And property developers believe this shows Punggol has potential for private residential development.

Pasir Ris has the highest number with 35% of HDB households with monthly incomes above $9,000.

Looks like I got better memory...

devilplate
01-04-12, 17:44
A new study shows that about 30% of HDB households in Punggol have a monthly income of $9,000 or more.

This is four percentage points higher than the national average compared with other HDB estates.

And property developers believe this shows Punggol has potential for private residential development.

Pasir Ris has the highest number with 35% of HDB households with monthly incomes above $9,000.

Looks like I got better memory...
Ok tats great!

Btw check out coastal view residences....got a PH sold for 1050psf, 2.25mil! Pasir ris folks r rich! Wakakakaka

Ricade
01-04-12, 17:47
Clift is D1 lah, these kind of property u jus hold, never sell and keep rented out.. Somemore the devil bought it at lower price.. Haha

Ricade
01-04-12, 17:48
i oredi said...

PLS STOP BUYING PPTY AS AN INVESTMENT SINCE 14th JAN 2011

Can't be helped lah, ppl are always looking for better yields.. Especially at 0.1% ir on savings

kane
01-04-12, 23:09
i oredi said...

PLS STOP BUYING PPTY AS AN INVESTMENT SINCE 14th JAN 2011

Actually, assuming those chaps are not savvy stock investors, what would you recommend to invest for that group?

devilplate
01-04-12, 23:20
Actually, assuming those chaps are not savvy stock investors, what would you recommend to invest for that group?
I am actually looking for the answer

Wakakaka

Duno wat to invest rite? Follow me : HIBERNATION

kane
01-04-12, 23:39
I am actually looking for the answer

Wakakaka

Duno wat to invest rite? Follow me : HIBERNATION

Some hibernate a while only get itchy finger syndrome, must click a mouse, call a broker or sign some option papers.

insigina
01-04-12, 23:43
Actually, assuming those chaps are not savvy stock investors, what would you recommend to invest for that group?

I'm no money guru but I think foreign currency fixed deposit like AUD and NZD gives good yield about 5 to 6% a year. If you are in it for the long haul, you'll quite quickly see the power of compound. But patience is the key

kane
01-04-12, 23:48
I'm no money guru but I think foreign currency fixed deposit like AUD and NZD gives good yield about 5 to 6% a year. If you are in it for the long haul, you'll quite quickly see the power of compound. But patience is the key
Aud and nzd are at pretty lofty levels. The depreciation of principal could wipe out the yields.

cornycow
02-04-12, 00:04
so whats the latest sales update at RB? all the 1 bedders sold out?

whats their average price for 1 bedder btw

insigina
02-04-12, 00:16
Aud and nzd are at pretty lofty levels. The depreciation of principal could wipe out the yields.

Agree there is some risk. I'm vested in NZD for about 8 to 9 years. There have been fluctuations but the last few months have been quite steady. Before the 2009 financial crisis, they were paying 8.8% p.a. Now is just under 5%. Still quite decent by most measures.

devilplate
02-04-12, 00:22
Agree there is some risk. I'm vested in NZD for about 8 to 9 years. There have been fluctuations but the last few months have been quite steady. Before the 2009 financial crisis, they were paying 8.8% p.a. Now is just under 5%. Still quite decent by most measures.
i once holding some nzd too and yes....8% ++++ power :D

price
02-04-12, 00:32
Ripple Bay 1br at high 4xxk ... comparable to Parc Rosewood right :tongue3:
Sure can rent out one lah ... depends on how high is your expectation ... rent to Bangla .. squeeze 10 persons into one condo unit sure can hit 2.5k :D But after 1y be prepared to redo your house ... and risk complaints from others

And you can probably check out One Amber 5XXsqft rental :2cents:

Ripple Bay high 4xxk? Today i was there still got 43xk units leh?

price
02-04-12, 00:33
I am actually looking for the answer

Wakakaka

Duno wat to invest rite? Follow me : HIBERNATION
look for best FD rates lor? :D :cheers5:

price
02-04-12, 00:35
This project around 60+% sold :D :cheers1: :cheers2: :cheers3: :cheers4: :cheers5: :cheers6:

price
02-04-12, 00:35
This project around 60+% sold :D :cheers1: :cheers2: :cheers3: :cheers4: :cheers5: :cheers6:

dtrax
02-04-12, 00:35
60% of total sold?

devilplate
02-04-12, 00:35
Ripple Bay high 4xxk? Today i was there still got 43xk units leh?
Got high high ones....stk 12-24 49xk.....

Den those 538sqft ones high flr above 500k

devilplate
02-04-12, 00:37
60% of total sold?
i only noe all stacks r released.....

Btw 1bdr range from 41xk to about 53xk.....comprise of 484sqft and 538sqft

price
02-04-12, 00:39
Got high high ones....stk 12-24 49xk.....

Den those 538sqft ones high flr above 500k

Orh i know, of course higher floor higher $ but our bro was talking about PRW vs Ripple ma.

anyways, yes 60% of the entire project is sold. Or maybe more? 60% was when im there in the afternoon lol :D :cheers5:

price
02-04-12, 00:41
i only noe all stacks r released.....

Btw 1bdr range from 41xk to about 53xk.....comprise of 484sqft and 538sqft
Ur right, other than the 1 bedder the rest didnt look appealing. Love the beach volley ball court :cool:

heutistmeintag
02-04-12, 02:43
Do you think it's a good idea to sell a FH ~1.4m 4 bdr with poolview to get a LH 3-4 bdr with seaview at RB? :)

Ricade
02-04-12, 07:49
Do you think it's a good idea to sell a FH ~1.4m 4 bdr with poolview to get a LH 3-4 bdr with seaview at RB? :)

Where is ur FH 4BR located? Can sharerhe project name?
Need to consider if completed uncompleted for better assessment also

Ricade
02-04-12, 07:50
But frankly speaking RB 4BR layout does not appeal to me.

kane
02-04-12, 08:27
Do you think it's a good idea to sell a FH ~1.4m 4 bdr with poolview to get a LH 3-4 bdr with seaview at RB? :)

No. I wouldn't.

Komo
02-04-12, 10:08
fh is more for own stay, long term and to pass down to kids:D :D

Ricade
02-04-12, 10:14
But I think u can consider their Single level PH..
Ahha

heutistmeintag
02-04-12, 14:05
Where is ur FH 4BR located? Can sharerhe project name?
Need to consider if completed uncompleted for better assessment also

Ferraria Park and we are staying in it now. Just getting itchy because I like seaview. "Like" but not crazy ... :)

amk
02-04-12, 20:06
U guys very funny....like to make accusations.....i say ripplebay priced reasonably at todays market means i bought one? Lol

i am not buying means i must say all projects r exp? Lol

Accuse is such a big word, dun use it like that lah...

These new launches are not expensive, but they are not worth buying. It's like, a lousy handbag has a price tag of $10, cheap cheap, but this does not make it a good buy. The 1bd in RB is exactly the case here.

... Btw I dun get your point why Livia case not applicable. Why 8-900 psf Livia now is not better than same psf RB ? Can move in now, or rent out now, tis not better ? More importantly , it is practically brand new, and you can see exactly what you are getting.

price
03-04-12, 08:44
How's the sales? Fully sold yet?:D :cheers5:

kane
03-04-12, 08:46
Accuse is such a big word, dun use it like that lah...

These new launches are not expensive, but they are not worth buying. It's like, a lousy handbag has a price tag of $10, cheap cheap, but this does not make it a good buy. The 1bd in RB is exactly the case here.

... Btw I dun get your point why Livia case not applicable. Why 8-900 psf Livia now is not better than same psf RB ? Can move in now, or rent out now, tis not better ? More importantly , it is practically brand new, and you can see exactly what you are getting.

At the same psf, I would rather go for Livia, not that I'm vested in either. But you can collect rental from day 1 and it's brand new just like you mentioned. Plus you get to see the final product.

latour
03-04-12, 10:03
How's the sales? Fully sold yet?:D :cheers5:

not sure, but was told about 90%... anyone can confirm?
with long weekend, sure 99% to full sold soon.

coolchoc
03-04-12, 10:35
not sure, but was told about 90%... anyone can confirm?
with long weekend, sure 99% to full sold soon.

wah.... if rb sells so well, hoi hup can get ready to launch very soon. hit while iron still hot.... wonder their building plans approved....?

latour
03-04-12, 12:46
wah.... if rb sells so well, hoi hup can get ready to launch very soon. hit while iron still hot.... wonder their building plans approved....?

Is the Hoi Hup one call 'Sea Esta' ?

Ricade
05-04-12, 02:38
Ferraria Park and we are staying in it now. Just getting itchy because I like seaview. "Like" but not crazy ... :)

Ferraria park is good lah just hold the property.. Don't get itchy!
Save up more $ then go buy another one. Don't trade it for 99 leasehold

Hehe

carbuncle
06-04-12, 11:54
Any likelihood some of the 1 bedder stack have unblocked / greenery / even sea view at an angle?

See below:

http://www.newripplebaycondo.com/wp-content/uploads/2012/03/ripple-bay-geographical-site-map.png

http://ripplebay.org/wp-content/uploads/Ripplebay2.jpg

For instance, stack 27...

carbuncle
06-04-12, 12:12
And this video shows the surrounding view...

http://www.h88.com.sg/article/Ripple+Bay+and+Seastrand+at+Pasir+Ris+video+recce/

price
06-04-12, 12:45
Any likelihood some of the 1 bedder stack have unblocked / greenery / even sea view at an angle?

See below:

http://www.newripplebaycondo.com/wp-content/uploads/2012/03/ripple-bay-geographical-site-map.png

http://ripplebay.org/wp-content/uploads/Ripplebay2.jpg

For instance, stack 27...

Nope, no 1 bedders with sea view. perhaps slight sea view at the "sky function room" (which all other residents can book) many have awesome pool view though.

jeffchan23
06-04-12, 12:52
Wah lan the distance from MRT is like so far sia. No wonder the price of 1 bedder so attractive.

price
06-04-12, 13:01
Wah lan the distance from MRT is like so far sia. No wonder the price of 1 bedder so attractive.

That's why PRW is the best comparison. Low Quantum(398k)+ >10mins walk to MRT.

at least at ripple bay u get a movie cinema, beach, shopping mall with supermarket etc., amusement park, a new larger water theme park, restaurants and food places all within 5mins walk.

yowetan
06-04-12, 13:11
What's the price for ripple bay now?

jeffchan23
06-04-12, 14:50
That's why PRW is the best comparison. Low Quantum(398k)+ >10mins walk to MRT.

at least at ripple bay u get a movie cinema, beach, shopping mall with supermarket etc., amusement park, a new larger water theme park, restaurants and food places all within 5mins walk.

True , both will definitely have it's pros n cons.

Chester
06-04-12, 16:57
That's why PRW is the best comparison. Low Quantum(398k)+ >10mins walk to MRT.

at least at ripple bay u get a movie cinema, beach, shopping mall with supermarket etc., amusement park, a new larger water theme park, restaurants and food places all within 5mins walk.

There's a bus stop right in front of RB with a bus that goes to Pasir Ris MRT station.

Komo
06-04-12, 20:20
from top view the water features around the blocks look somewhat like ripples...landscaping is pretty nice :D

lky123
06-04-12, 23:01
does anyone know the location of this site?

“Lots 2659P-PT, 1243T-PT MK
29 at Pasir Ris Drive 3”

this is site for a new international school

sotidy
06-04-12, 23:45
does anyone know the location of this site?

“Lots 2659P-PT, 1243T-PT MK
29 at Pasir Ris Drive 3”

this is site for a new international school

MK29-02659P is FROM opposite Block 716 at Pasir Ris Drive 3 (Right beside the "Block 1" of the industrial building), all the way TO the former Oasis@Elias Showflat area.

MK29-1243T is near house 71 along Pasir Ris Heights.

So the location is like to be at the former Oasis@Elias showflat area.

lky123
07-04-12, 17:26
MK29-02659P is FROM opposite Block 716 at Pasir Ris Drive 3 (Right beside the "Block 1" of the industrial building), all the way TO the former Oasis@Elias Showflat area.

MK29-1243T is near house 71 along Pasir Ris Heights.

So the location is like to be at the former Oasis@Elias showflat area.

Thanks, pasir ris getting more crowded...

gav108
07-04-12, 22:09
just visited show flat. according to agent currently over 60% sold, so still many to choose from. competitive price. a 2 bedder ard 775 sq ft pool view north-south facing lower floors will set you back around 670k.

can smell fresh sea air, and really nice to have park and downtown east nearby. that's a ++ to me.

but...omg the finishing is just awful! :doh: ceramic tiles and low-grade looking materials, design and carpentry work, n no options (colour, material etc.) at all. before this i went to palm isles to have a look, and its finishing is already so-so, but this one is worse. the quality reminds me of dbss. the bath fixture is hansgrohe if i remember correctly, but i have never seen hansgrohe look so cheap before!?!

if i were to buy this for own stay, i would probably request the developer not to put in most of the finishing so i can do my own, even if it costs $$$

the contractor has not been announced yet. i hope that in order to sell at such competitive price the developer does not cut too much corners in terms of build quality, but the finishing already suggests otherwise.

all seaview units gone. is it worth the extra 130k++ for a view of the sea? if i have loose cash lying maybe i will pay. only the buyer can decide lar...

phantom_opera
07-04-12, 22:32
Expect a Chinese constructor .. and pray that it will not collapse in 20y :D

carbuncle
07-04-12, 23:32
Just look out to the sea and dont set your eyes on your interior finishing...

Chester
10-04-12, 07:58
Just look out to the sea and dont set your eyes on your interior finishing...

Exactly. How many beachfront, seaview, quiet private enclave condos can you find in Singapore; with no noisy expressway running across below; other than the super ex Sentosa? ! This project is sitting on a gold mine. Never mind about the finishing which can be easily changed to your own liking.

coolchoc
10-04-12, 08:04
Exactly. How many beachfront, seaview, quiet private enclave condos can you find in Singapore; with no noisy expressway running across below; other than the super ex Sentosa? ! This project is sitting on a gold mine. Never mind about the finishing which can be easily changed to your own liking.


personally, i see this as more of pulau ubin view than of sea view... :o

price
10-04-12, 08:35
personally, i see this as more of pulau ubin view than of sea view... :o

isnt that nice too?:tongue3:

kane
10-04-12, 08:40
Those face st john island also worth a lot no? Lol.

Chester
10-04-12, 09:42
personally, i see this as more of pulau ubin view than of sea view... :o

On my last visit there, I saw people water ski, a couple of sail boats and also a huge tanker ship sailed past that portion of sea in front of RB. Is that not sufficient sea or what?!! The greenery of Palau Ubin is a bonus.

C&K
10-04-12, 09:43
As to whether those seaview units and having the beach nearby is a good buy or not, it is subjective depending on the buyer's age and reasons for purchasing it.

Back in the 60's and early 70's, one could hunt wild birds, flying foxes and wild boars with shotguns or air rifles in ubin. In fact, you just need a licence to keep these guns at home. These are all fond memories of ubin's past history for some.:gun2:

That is why some people say "the money spent was worth it" on what they really like.
While others may not buy at such high prices, and these are those with the investing mindset.

End of the day, one needs to decide the lifestyle they wish for wisely.

eng81157
10-04-12, 09:51
On my last visit there, I saw people water ski, a couple of sail boats and also a huge tanker ship sailed past that portion of sea in front of RB. Is that not sufficient sea or what?!! The greenery of Palau Ubin is a bonus.

on a side note, the waters off pasir ris beach ain't too sanitary in recent years. sewage discharge flowing down from punggol and dead fish that pops up at the river. just note that there can be adverse effects from having a seaview too

august
10-04-12, 10:08
on a side note, the waters off pasir ris beach ain't too sanitary in recent years. sewage discharge flowing down from punggol and dead fish that pops up at the river. just note that there can be adverse effects from having a seaview too

i was told some of these are waste discharge from chemical industries at opposite malaysia pasir gudang side...

amazon777
10-04-12, 10:30
On my last visit there, I saw people water ski, a couple of sail boats and also a huge tanker ship sailed past that portion of sea in front of RB. Is that not sufficient sea or what?!! The greenery of Palau Ubin is a bonus.

That's the reason why I took up a 2 bedder high floor sea facing unit. I have seen all the seaviews from the whole stretch of Pasir Ris St 21 all the way to St 72. The seaview really aren't that bad. I actually waited for the RB to be launched as I only wanted a seaview unit. Had been to SeaStand launch and the agents quoted that RB land was bought at a premium from GLS and will be launch at higher psf, I'm glad that I waited and to see RB average PSF is even cheaper than Seastrand.

Almost bought a resale Oasis@Elias high floor 2 bedder unit more than 1 year back but the sea view at that stretch may not be as near as Ripple Bay. Was also looking at the Whitewater EC seaview also like half past six. My thoughts was those pool view/greenery view condos can be bought everywhere in Singapore.

During the pre-launch, I was told the 2 bedder seaview units in the 2 others blocks which was not launched earlier with buyers paying extra $20K in order to secure the seaview units.

Chester
10-04-12, 10:52
I love the sea/beach park/kelong/Pulau Ubin view; as well as the fact that I can walk down to the beach park to jog and cycle whenever I like (fresh beach air); or walk a short distance to Downtown East where there're cinemas and a huge supermart plus shops, eateries and food court. I'm very happy with my purchase of a high floor seaview unit for homestay and looking forward to enjoying the fabulous view and fresh sea air from my living room and bedroom balconies. The high quantum is worthwhile for such a dream home.

amazon777
10-04-12, 11:15
I'm very happy with my purchase of a high floor seaview unit for homestay and looking forward to enjoying the fabulous view and fresh sea air from my living room and bedroom balconies. The high quantum is worthwhile for such a dream home.

Seaview from bedroom balconies? I guess you bought the 3/4 bedders unit. So we are going to be neighbors soon in 3 yrs time and I'm currently staying put in the north now.

Chester
10-04-12, 11:18
With so many high-end condos/EC being built at that location; as well as the revamped Costa Sands Resort and redeveloped Pulau Ubin; we're confident that the Govt will spruce up the beach area and sea water. It is a very promising area in a few years' time when Ripple Bay, Seastrand, Sea Esta, EC, revamped Water Park and Costa Sands Resort are standing up, gleaming under the glorious sun :)

amazon777
10-04-12, 11:22
Actually, wanted to wait for Hoi Hup Sea Esta since they bought the land at 360psf, 10% cheaper than RB, but my family decided, better to grab RB fast as we do not know what's Sea Esta configuration like, it could be only the big units facing the sea and it will be $m quantum.

Really surprised that RB has 6 stacks of 2 bedders sea facing with lower quantum and I'm glad I bought $20K cheaper for release stacks than the rest who bought the other 4 stacks that was not launched. There's even rumour of new MRT line near to St21/loyang area and the EC condo name is "Watercolors". What an exotic name!

Frankly, I'm glad it's facing Pulau Ubin and not JB and Ubin island is pretty huge.

Chester
10-04-12, 11:30
Actually, wanted to wait for Hoi Hup Sea Esta since they bought the land at 360psf, 10% cheaper than RB, but my family decided, better to grab RB fast as we do not know what's Sea Esta configuration like, it could be only the big units facing the sea and it will be $m quantum.

Really surprised that RB has 6 stacks of 2 bedders sea facing with lower quantum and I'm glad I bought $20K cheaper for release stacks than the rest who bought the other 4 stacks that was not launch. There's even rumour of new MRT line near to St21/loyang area

Don't count on Sea Esta; their prices (esp. seaview units) won't be low since RB is selling so well. Their land plot is also much smaller (approx. half of RB with only 300+ units to be built - also mean lesser facilities??). Grab what you can get your hands on first rather than wait for something unknown. I think Sea Esta being much closer to Costa Sands and Water Park will not be as 'quiet' as RB.

Chester
10-04-12, 12:42
Seaview from bedroom balconies? I guess you bought the 3/4 bedders unit. So we are going to be neighbors soon in 3 yrs time and I'm currently staying put in the north now.

Haha, I'll be 'migrating' from the West to the East in 3 yrs time; imagine how much we love this new place to make such a big move.

teddybear
10-04-12, 13:59
As I mentioned before, what you see in showflat is not what you will get in the finished TOP product. You better check whether they really write in black-and-white that they will give you Hansgrohe as shown in the showflat..... :rolleyes:
Better check the appliances and their brands shown in show-room also because very often most will not be included in TOP product or what is given is not what is shown in showflat. :doh:

How to expect developers to price cheap and give you quality finishing and workmanship? :beats-me-man:


just visited show flat. according to agent currently over 60% sold, so still many to choose from. competitive price. a 2 bedder ard 775 sq ft pool view north-south facing lower floors will set you back around 670k.

can smell fresh sea air, and really nice to have park and downtown east nearby. that's a ++ to me.

but...omg the finishing is just awful! :doh: ceramic tiles and low-grade looking materials, design and carpentry work, n no options (colour, material etc.) at all. before this i went to palm isles to have a look, and its finishing is already so-so, but this one is worse. the quality reminds me of dbss. the bath fixture is hansgrohe if i remember correctly, but i have never seen hansgrohe look so cheap before!?!

if i were to buy this for own stay, i would probably request the developer not to put in most of the finishing so i can do my own, even if it costs $$$

the contractor has not been announced yet. i hope that in order to sell at such competitive price the developer does not cut too much corners in terms of build quality, but the finishing already suggests otherwise.

all seaview units gone. is it worth the extra 130k++ for a view of the sea? if i have loose cash lying maybe i will pay. only the buyer can decide lar...

insigina
10-04-12, 14:30
As I mentioned before, what you see in showflat is not what you will get in the finished TOP product. You better check whether they really write in black-and-white that they will give you Hansgrohe as shown in the showflat..... :rolleyes:
Better check the appliances and their brands shown in show-room also because very often most will not be included in TOP product or what is given is not what is shown in showflat. :doh:

How to expect developers to price cheap and give you quality finishing and workmanship? :beats-me-man:

Ah Teddy...ever heard of the word "or similar"? So even if they cannot give you items displayed in showroom, they have cover backside clauses to protect themselves.

price
10-04-12, 14:33
Ah Teddy...ever heard of the word "or similar"? So even if they cannot give you items displayed in showroom, they have cover backside clauses to protect themselves.
haha so what if u dont get the exact same thing? :beats-me-man: the 10-100k saved from buying this and not neighboring projects would have still made ur purchase worthwhile.

better than u pay top $ and end up still not getting what the project was supposed to offer right? So now u pay less and go through the same risks as mentioned by teddy

insigina
10-04-12, 14:52
haha so what if u dont get the exact same thing? :beats-me-man: the 10-100k saved from buying this and not neighboring projects would have still made ur purchase worthwhile.

better than u pay top $ and end up still not getting what the project was supposed to offer right? So now u pay less and go through the same risks as mentioned by teddy

True to an extent...but if you are still paying the same dollar but not getting what you see in the showflat but something poorer, then there's a case to kao peh.

price
10-04-12, 15:38
True to an extent...but if you are still paying the same dollar but not getting what you see in the showflat but something poorer, then there's a case to kao peh.

Ya lor, so Ripple is good wat, "safer"

amazon777
10-04-12, 15:58
Haha, I'll be 'migrating' from the West to the East in 3 yrs time; imagine how much we love this new place to make such a big move.

I had stayed in Pasir Ris since 1992 so not new to me coz I'm back every week to visit my parents. Have briefly stayed in an Pasir Ris EA in 2003 and sold it off at 2005 before "migrating' to the North, think time to sink my roots back to Pasir Ris now, and my family is convincing my in-laws to abandon their northern abode and move to a resale HDB near to RB in 3 yrs time. Think they miss out on the studio HDB that is now being built in PR drive 4.

Chester
10-04-12, 16:52
I had stayed in Pasir Ris since 1992 so not new to me coz I'm back every week to visit my parents. Have briefly stayed in an Pasir Ris EA in 2003 and sold it off at 2005 before "migrating' to the North, think time to sink my roots back to Pasir Ris now, and my family is convincing my in-laws to abandon their northern abode and move to a resale HDB near to RB in 3 yrs time. Think they miss out on the studio HDB that is now being built in PR drive 4.

You must be a sea/beach park lover like me.

latour
10-04-12, 17:50
What is the sales like for RBay now? are all units launch yet?

Chester
10-04-12, 19:29
What is the sales like for RBay now? are all units launch yet?

Already fully launched, sold 60-70%. All sea-view units from 7th floor up all sold out.

amazon777
11-04-12, 09:24
You must be a sea/beach park lover like me.

Yes, I am. I almost bought a 14 floor seaview PR HDB in 2003 but was beaten by others in the game.

I do bring my family dog to the beach in front of RB every other week previously until I have a child. Frankly, I do prefer the East Coast beach, but really pricey $ Silversea, Costal Del Sol, Cote D'Azur due to bigger floor size. Even enbloc hype old developments such as Laguna, Lagoon & Neptune court also not cheap. Now with the 700+ sq ft 2 bedder, I think my spouse and I are ok to sacrifice space for view. Imagine those HDB high floor views in Bishan can command $900K. Seaview units will have sustained value even if market trend downwards.

amazon777
11-04-12, 09:26
Already fully launched, sold 60-70%. All sea-view units from 7th floor up all sold out.

Strongly believe Sea Esta next door seaview units wil be sold out in no time even before pre-launch.

Shoeboxsupporter
11-04-12, 10:22
Sea Easter by Hoi Hup Sunway is EC or Condo ?

Chester
11-04-12, 10:52
Yes, I am. I almost bought a 14 floor seaview PR HDB in 2003 but was beaten by others in the game.

I do bring my family dog to the beach in front of RB every other week previously until I have a child. Frankly, I do prefer the East Coast beach, but really pricey $ Silversea, Costal Del Sol, Cote D'Azur due to bigger floor size. Even enbloc hype old developments such as Laguna, Lagoon & Neptune court also not cheap. Now with the 700+ sq ft 2 bedder, I think my spouse and I are ok to sacrifice space for view. Imagine those HDB high floor views in Bishan can command $900K. Seaview units will have sustained value even if market trend downwards.

Those at East Coast not as near to the beach as RB (and no Downtown East or MRT nearby); most of them also have the noisy Expressway running across between them and the beach. Seaview units are really rare entities; I may not let go even if someone else offers to buy over at a huge profit :tsk-tsk:

Chester
11-04-12, 10:53
Sea Easter by Hoi Hup Sunway is EC or Condo ?

Condo, the one behind Sea Esta is EC - Watercolours (with no seaview).

amazon777
11-04-12, 11:30
Condo, the one behind Sea Esta is EC - Watercolours (with no seaview).

Those Watercolors EC may have partial sea view at an angle for those units facing the new road leading from Pasir Ris main road leading to the JLB, the new road will run by the side of Watercpolors EC and Sea Esta towards the Govt holiday bungalows direction via JLB

iwantgizmos
11-04-12, 11:35
wow... with many concurrent launches, this area will get overcrowded...

latour
11-04-12, 11:49
wow... with many concurrent launches, this area will get overcrowded...

hmmm... which area is Not over-Crowded now?

carbuncle
11-04-12, 11:56
hmmm... which area is Not over-Crowded now?
Mount Vernon

Chester
11-04-12, 12:23
wow... with many concurrent launches, this area will get overcrowded...

Ripple Bay will be surrounded by all condos and landed properties only. Hopefully when all are up, Govt will consider extending MRT to this area.

Shoeboxsupporter
11-04-12, 13:47
Ripple Bay will be surrounded by all condos and landed properties only. Hopefully when all are up, Govt will consider extending MRT to this area.

Google it find 376 unit for Sea Esta (Residential). Not sure the developer indicative price if compare to Ripple Bay. There are no sea view available for Ripple Bay. So, this is the last chance !

price
11-04-12, 14:00
Google it find 376 unit for Sea Esta (Residential). Not sure the developer indicative price if compare to Ripple Bay. There are no sea view available for Ripple Bay. So, this is the last chance !

Heart there will be stacks of 1 bedders facing the sea for this! :scared-1:

eng81157
11-04-12, 14:15
why don't u consider the older developments that have sea view? e.g. blu waters I & II?

price
11-04-12, 14:35
Heart there will be stacks of 1 bedders facing the sea for this! :scared-1:

i meant heard*

Chester
11-04-12, 14:38
why don't u consider the older developments that have sea view? e.g. blu waters I & II?

These are up to 5th or 6th floors only. Low low not shiok, see only trees mostly??

eng81157
11-04-12, 14:44
These are up to 5th or 6th floors only. Low low not shiok, see only trees mostly??

the older developments are occupying the stretch of land infront of RB and hence, nearer to the beach. hence, 5th or 6th floor also got seaview (assuming that the facing is right)

3C
11-04-12, 15:11
Hi Guys,

Nice to meet all of u here.
Bought a studio unit with pool & sea view.;)
Blk 6, balcony with beautiful pool view and when like to
just take a lift up to my rooftop (sky park lounge) have coffee & view the sea FOC.:D

amazon777
11-04-12, 15:20
why don't u consider the older developments that have sea view? e.g. blu waters I & II?

Have went to see Bluwater II in Jan 2010 where there is a 840sq 999LH unit asking $680K. The seaview at 4th floor 2 bedder is really a partial seaview, can see just a little and have to stick your head out. Those PH at the highest floor is costly. The high floor seaviews in RB and SeaEsta will have a grander 180 degree view

Prior GLS launched, I thought the land where RB, SeaEsta, Seastrand and Watercolors EC is currently located will be having plot ratio of only 1.4, hence when I know that GLS is selling with height limit up to 90m to100m. I knew that it will be a high rise and not a five storey developments. I'm glad with the wait and secure my very high floor seaview unit

Chester
11-04-12, 15:28
Have went to see Bluwater II in Jan 2010 where there is a 840sq 999LH unit asking $680K. The seaview at 4th floor 2 bedder is really a partial seaview, can see just a little and have to stick your head out. Those PH at the highest floor is costly. The high floor seaviews in RB and SeaEsta will be defintely look much better.

Prior GLS launched, I thought the land where RB, SeaEsta, Seastrand and Watercolors EC is currently located will be having plot ratio of only 1.4, hence when I know that GLS is selling with height limit up to 90m to100m. I knew that it will be a high rise and not a five storey developments. I'm glad with the wait and secure my very high floor seaview unit

RB and Sea Esta etc are sitting on a slope; the plot of land in front/below of RB is of ratio 1:2 - so even if they redevelop that area in the far future, they can't build anything beyond 6th/7th floor, so those of us 7th floor and above at RB - no worry at all - seaview guaranteed !!

There's now a new thread on Sea Esta in this Forum; if what is stated is correct; ie. only 1 - 3 bedders, then heng for me; I bought a 4-bedder at RB; :cheers5:

amazon777
11-04-12, 15:31
Hi Guys,

Nice to meet all of u here.
Bought a studio unit with pool & sea view.;)
Blk 6, balcony with beautiful pool view and when like to
just take a lift up to my rooftop (sky park lounge) have coffee & view the sea FOC.:D

Sky lounge is opened to all 697 units. Think will be fully booked every week. Indeed, good design from developer perspective for those non seaview units. Btw, the Sky lounge incline to the right of ubin island is facing a shipyard, but don't think it will be that bad. The better view is towards the left open sea. To me I prefer to wake up from bed looking and facing the sea horizon

phantom_opera
11-04-12, 15:31
RB developers damn smart ... strategy top notch :cheers5:

Sky lounge need booking ?? Got sky terrace that does not need booking?

3C
11-04-12, 15:44
Sky lounge is opened to all 697 units. Think will be fully booked every week. Indeed, good design from developer perspective for those non seaview units. Btw, the Sky lounge incline to the right of ubin island is facing a shipyard, but don't think it will be that bad. The better view is towards the left open sea. To me I prefer to wake up from bed looking facing the horizon.

Agreed with you. Wanted to buy sea view unit but cannot afford anymore.
Pocket already got big hole.

Anyway doing exercise in the gymp & roam around the sky park with some sea view is good enough for me or tenant. No need to book right if not using the sky lounge?:D

amazon777
11-04-12, 15:48
Agreed with you. Wanted to buy sea view unit but cannot afford anymore.
Pocket already got big hole.

Anyway doing exercise in the gymp & roam around the sky park with some sea view is good enough for me or tenant. No need to book right if not using the sky lounge?:D

I squeeze out last juice to d/p 40%, lucky is stagger payment, only 1st 20% need to pay within 8 weeks. Think have to sell my 2nd car later when balance 20% due in 1 to 2 years time. But the gym threadmill looking at the sea will be hot, I think I will go there every other day to run to keep fit, may be off-peak hrs no need to book

Chester
11-04-12, 15:49
RB developers damn smart ... strategy top notch :cheers5:

Sky lounge need booking ?? Got sky terrace that does not need booking?

Sea 'Stranded' damn smart to launch before RB; Sea Esta damn smart to launch after RB. Strategies strategies strategies....

Chester
11-04-12, 15:52
I squeeze out last juice to d/p 40%, lucky is stagger payment, only 1st 20% need to pay within 8 weeks. Think have to sell car later when balance 20% due in 1 to 2years. But the gym threadmill looing at the sea will be hot, I think I will go there every other day to run to keep fit, may be off-peak hrs no need to book

I plan to jog along the beach park, then go up to the gym to pump iron; we'll all probably meet up in the gym in 3 - 4 yrs time :cheers4:

phantom_opera
11-04-12, 15:57
Looks like April sales is going to be fantastic

RB, Katong Regency, Sky Habitat, Fulcrum, Sea Esta, Hillsta and lots of MMs will keep the excitement alive


With their strategic location next to MRT stations, CapitaLand’s Sky Habitat and UOL’s Katong Regency are expected to attract relatively strong interest from buyers during their respective launches.

According to DBS, pre-marketing for both developments showed that “indicative interest is relatively decent.”

3C
11-04-12, 15:57
Sea 'Stranded' damn smart to launch before RB; Sea Esta damn smart to launch after RB. Strategies strategies strategies....

= u damn smart to choose RB among the 3?:mad: :D :mad:

price
11-04-12, 15:58
RB and Sea Esta etc are sitting on a slope; the plot of land in front/below of RB is of ratio 1:2 - so even if they redevelop that area in the far future, they can't build anything beyond 6th/7th floor, so those of us 7th floor and above at RB - no worry at all - seaview guaranteed !!

There's now a new thread on Sea Esta in this Forum; if what is stated is correct; ie. only 1 - 3 bedders, then heng for me; I bought a 4-bedder at RB; :cheers5:

Sea Esta got 1 bedders facing the sea though! :banghead:

phantom_opera
11-04-12, 16:03
QE3 is coming dun worry .... it is better to keep cash under pillow like Mr Basic


Fed Needs a Sympathy Sell-Off To Implement QE3

I wouldn't want to be in his shoes but if I were in his shoes I would wait for the markets to sell-off to get some sympathy for implementing QE3. It's politically not very easy to implement QE3 now. - in Yahoo Finance

:cheers6:

hopeful
11-04-12, 16:38
I squeeze out last juice to d/p 40%, lucky is stagger payment, only 1st 20% need to pay within 8 weeks. Think have to sell my 2nd car later when balance 20% due in 1 to 2 years time. But the gym threadmill looking at the sea will be hot, I think I will go there every other day to run to keep fit, may be off-peak hrs no need to book

finally, Teddybear's theory have one data point to back him up.
His theory on why new launch is so popular and resale dead.

phantom_opera
11-04-12, 16:42
Another reason is developers will claim that they absord the 3.5% ABSD for SPRs/SCs (to them they probably squeeze everybody including agent, constructor, use lousy material, cut down on marketing, showflat etc) ... if you buy resale ... it is probably difficult to ask sellers/agents to swallow that 3.5%

amazon777
11-04-12, 16:48
Sea Esta got 1 bedders facing the sea though! :banghead:

I have no regrets, the only regret is not enough juice for a 3 bedder seaview unit at close to $1.2m If buy 1 bedder, think got to let my kid sleep on living room sofa. Wonder how high psf can the 1 bedder sea facing units achieve in Sea Esta? Don't think will reach high of WT psf?

teddybear
11-04-12, 17:41
Yo Hopeful, my nose was itchy and hearing someone calling my name. Where have you been? dissapeared for so long!

Don't forget there are many goodies from developer to buy new sales and more buyer will be sucked in. Believed that there are many borderline cases la.:rolleyes:



finally, Teddybear's theory have one data point to back him up.
His theory on why new launch is so popular and resale dead.

price
11-04-12, 17:44
I have no regrets, the only regret is not enough juice for a 3 bedder seaview unit at close to $1.2m If buy 1 bedder, think got to let my kid sleep on living room sofa. Wonder how high psf can the 1 bedder sea facing units achieve in Sea Esta? Don't think will reach high of WT psf?

of course not lar, no mrt no mall

price
11-04-12, 17:45
Another reason is developers will claim that they absord the 3.5% ABSD for SPRs/SCs (to them they probably squeeze everybody including agent, constructor, use lousy material, cut down on marketing, showflat etc) ... if you buy resale ... it is probably difficult to ask sellers/agents to swallow that 3.5%

can. why not? use the same technique lor. price quoted by developers already factored in the rebates

Shoeboxsupporter
11-04-12, 18:07
Sea Esta got 1 bedders facing the sea though! :banghead:

heard 1200 per sqft, work out 600K for 500 sqft ShoeBox .......
But with seaview.....

Shoeboxsupporter
11-04-12, 18:13
heard 1200 per sqft, work out 600K for 500 sqft ShoeBox .......
But with seaview.....

Not sure how true is it, anyone contact agent and share the per squre feet price for Sea Esta ? With and without seaview ?

phantom_opera
11-04-12, 18:18
Pasir Ris Boleh .. Pasir Ris record land psf has arrived:

472psf for a piece of land opposite Elias Mall!!! Sure all Super MMs

Elitist Development Pte Ltd
$165,888,333
$5,080.68

cornycow
12-04-12, 03:34
there's pasir ris link (a new road) separating sea esta/ripple bay and watercolours/seastrand. but theres nothing separating sea esta from ripple bay and watercolours from seastrand?

teddybear
12-04-12, 07:17
You are dangerous ! :hell-hath-no-fury: Developer can do does not mean that you can do. You do this cash back is considered trying to cheat the bank to give out more loan to buyer..there was one case before with inflated HDB price to get cash back before.:sleep:


can. why not? use the same technique lor. price quoted by developers already factored in the rebates

kane
12-04-12, 08:34
Pasir Ris Boleh .. Pasir Ris record land psf has arrived:

472psf for a piece of land opposite Elias Mall!!! Sure all Super MMs

Elitist Development Pte Ltd
$165,888,333
$5,080.68

Then 770psf is their breakeven? Really boleh...

price
12-04-12, 08:37
You are dangerous ! :hell-hath-no-fury: Developer can do does not mean that you can do. You do this cash back is considered trying to cheat the bank to give out more loan to buyer..there was one case before with inflated HDB price to get cash back before.:sleep:

:doh: do u know it's wrong not to report all ur cash rebates to the bank when taking up a loan for newly launched PCs as well? :doh: :doh: Read my post carefully i said factor in the rebates right?

amazon777
12-04-12, 09:31
of course not lar, no mrt no mall

Not near MRT no issues for me, believe there's condo bus service to MRT. Frankly, I went to WT to take a look, the man made river really "huge". There always other mode of transport such as driving own personalized car. Selling my 2nd car soon to finance this 2nd condo purchase, anyway my current condo going to charge 2nd car season parking soon finally after bought my unit there in 2005, time to move on in 3 yrs times.

amazon777
12-04-12, 09:45
Pasir Ris Boleh .. Pasir Ris record land psf has arrived:

472psf for a piece of land opposite Elias Mall!!! Sure all Super MMs

Elitist Development Pte Ltd
$165,888,333
$5,080.68

I think there will be an international school just opposite in the near future where the Oasis@Elias showflat use to be

graveyard
12-04-12, 09:52
Not near MRT no issues for me, believe there's condo bus service to MRT. Frankly, I went to WT to take a look, the man made river really "huge". There always other mode of transport such as driving own personalized car. Selling my 2nd car soon to finance this 2nd condo purchase, anyway my current condo going to charge 2nd car season parking soon finally after bought my unit there in 2005, time to move on in 3 yrs times.

Since the river is "huge", another mdoe of transportation could be kayak or raft for WT owners

carbuncle
12-04-12, 13:57
Since the river is "huge", another mdoe of transportation could be kayak or raft for WT owners
pls... dun add on to num of casualties ...lol

minority
12-04-12, 14:00
I like the simplex penthouse.. for psf can't complain of the location. I think the park is nice. good for retirement location.

Shoeboxsupporter
12-04-12, 18:46
Just back from showhouse.....still have few units 1 bedder for stack 14 !

rockinsg
12-04-12, 18:55
Just back from showhouse.....still have few units 1 bedder for stack 14 !

Seems like Hoi Hup will have to price even lower then Ripple to have any sales :doh::banghead:


Resale already performing so bad.. Wonder why people not buying resale..
Finding tenants already starting to become an issue..somemore policy change means no more influx.

I wonder whats the motivation of buyers :scared-5:

Watercolours EC, some more to depress any future price rise..
Buyers wait for 10Y to see any significant gains? :scared-3:

teddybear
12-04-12, 20:27
You still missed the point! :doh:Already mentioned many times! :sleep:Developer can do does not mean you can do! Firstly, developer's new launch got blessing from bank and Banks approve loan for sky-highed prices for new lauch. Then, they can have cashback/rebates!! For resales, banks can't even match valuation of resale nearby that is >20% cheaper. How to use the same strategy to increase the price for resales for cashback/rebates! Unless, you are referring to something dangerous ....which is illegal!:hell-hath-no-fury:




:doh: do u know it's wrong not to report all ur cash rebates to the bank when taking up a loan for newly launched PCs as well? :doh: :doh: Read my post carefully i said factor in the rebates right?

Shoeboxsupporter
12-04-12, 21:25
The Housing and Development Board (HDB) tender for a land parcel at Elias Road/Pasir Ris Drive 3 has attracted nine bids at the close. The top bid of S$165.9 million came from Elitist Development Pte Ltd. This works out to S$472 per square foot per plot ratio.

Still got developer today willing to pay for the price higher than MCL 's 402 per square feet last year May for Ripple Bay.

hyenergix
12-04-12, 21:38
The Housing and Development Board (HDB) tender for a land parcel at Elias Road/Pasir Ris Drive 3 has attracted nine bids at the close. The top bid of S$165.9 million came from Elitist Development Pte Ltd. This works out to S$472 per square foot per plot ratio.

Still got developer today willing to pay for the price higher than MCL 's 402 per square feet last year May for Ripple Bay.

Does the developer know something that we don't?

rockinsg
12-04-12, 21:45
Does the developer know something that we don't?

Question is not if developer know something extra.
when they pay 20% more than previous bid what you have to wonder is does developer knows anything? :scared-5:

Who is this developer anyway? Bunch of chinese with there illegal money to hide?

hyenergix
12-04-12, 21:51
Question is not if developer know something extra.
when they pay 20% more than previous bid what you have to wonder is does developer knows anything? :scared-5:

Who is this developer anyway? Bunch of chinese with there illegal money to hide?

Dun play play, it is an elite developer. It will unveil the truth during VVIP launch.

Shoeboxsupporter
13-04-12, 08:14
This company is building industrial factory rite ?

Anyway, given the market current situation, Pasir Ris still can draw 9 bids with the top bidding price much higher than what MCL paid for........believe this area still got Potential to appreciate.......

price
13-04-12, 08:38
You still missed the point! :doh:Already mentioned many times! :sleep:Developer can do does not mean you can do! Firstly, developer's new launch got blessing from bank and Banks approve loan for sky-highed prices for new lauch. Then, they can have cashback/rebates!! For resales, banks can't even match valuation of resale nearby that is >20% cheaper. How to use the same strategy to increase the price for resales for cashback/rebates! Unless, you are referring to something dangerous ....which is illegal!:hell-hath-no-fury:

It's ok i dont wanna explain further. :47:

Shoeboxsupporter
13-04-12, 09:20
For those who bought Ripple Bay, I am wandering you have take up the scheme with stamp duty rebates or with stamp duty rebates, which one is more worth it ?

Shoeboxsupporter
13-04-12, 09:21
Sorry, with stamp duty rebates or without stamp duty rebates ! Understand there 2 prices are different.......

teddybear
14-04-12, 22:37
U can explain more n don't sound like u don't want to explain! :D
Don't run away the question like your master.

I challenged u to explain. :tongue3:


It's ok i dont wanna explain further. :47:

C&K
15-04-12, 10:57
Looking at the comments on cash back/rebates for BUC there is no chance to hide any of these when getting loans from the banks.
From what I know there is no "cash back" but the terms "rebate" will be used instead. So far they call it "stamp duty reimburshment" as you see this in the newspapers.
You pay the stamp duty first and the developer will reimbursh you the amount once you submit your stamp duty "paid" receipt.

The rebates[but not discounts] are indicated in the developer's documents which will need to be submitted to the bank and the bank will verify this with the developer in order to calculate the actual loan to be offered on the net purchase price and not the developer offered purchase price [before the rebates].

Discounts from developers are already factored in the purchase/offer price.
List price is before any discount or rebates are deducted.

Correct me if my understanding of the above is wrong.

However, I do not know what happens in the resale market.

bargain hunter
16-04-12, 09:31
MCL Land too sold about 20 units at Ripple Bay condo, which is a short walk from Pasir Ris Park and Beach, last week, taking total sales to 430 units in the 679-unit project.
The average price is now $870 psf after discounts and other incentives, up from around $850 psf when sales began in late March, said MCL's CEO Koh Teck Chuan.

Shoeboxsupporter
16-04-12, 12:20
63% of Ripple Bay was sold, wandering left over units are all none-pool views and non-sea views or level below 6th floors.......

Chester
16-04-12, 12:46
MCL Land too sold about 20 units at Ripple Bay condo, which is a short walk from Pasir Ris Park and Beach, last week, taking total sales to 430 units in the 679-unit project.
The average price is now $870 psf after discounts and other incentives, up from around $850 psf when sales began in late March, said MCL's CEO Koh Teck Chuan.

Wonder why for RB the larger the unit, the higher the psf; thought normally it's the other way round?

babyworm
16-04-12, 15:20
When I was at the Palm Isles showsuites, the Propnex agent stressed to me that prices quoted are nett and includes all VIP, early bird and stamp duty discounts. What this means is you still have to pay stamp duty, as the developer has already factored the stamp duty discount into the nett selling price. Haha... what clever marketing! :tsk-tsk:

bargain hunter
16-04-12, 16:28
coz even larger unit, the layout is efficient and quantum still low.

"normally" or for e.g. sky habitat's case, 12xx sq ft for 3 bedder suddenly jumped to 17xx sq ft for 4 bedder and for 1600psf, of course the psf has to be lower for 4 bedder.


Wonder why for RB the larger the unit, the higher the psf; thought normally it's the other way round?

price
16-04-12, 17:07
coz even larger unit, the layout is efficient and quantum still low.

"normally" or for e.g. sky habitat's case, 12xx sq ft for 3 bedder suddenly jumped to 17xx sq ft for 4 bedder and for 1600psf, of course the psf has to be lower for 4 bedder.

yes, it's all about quantum these days. ripple is doing well! 1 bedders 4xxk, 2 bedders 6xxk, 3 bedders from high 7xxk (now probably left with 8xxk) and so on.

price
16-04-12, 17:08
When I was at the Palm Isles showsuites, the Propnex agent stressed to me that prices quoted are nett and includes all VIP, early bird and stamp duty discounts. What this means is you still have to pay stamp duty, as the developer has already factored the stamp duty discount into the nett selling price. Haha... what clever marketing! :tsk-tsk:

i rather take this package than getting them to reimburse me with the SD later. at least u can loan more with this. :2cents:

Reimbursement is not always good. Unless you're paying in cash anyways.

Chester
16-04-12, 17:10
yes, it's all about quantum these days. ripple is doing well! 1 bedders 4xxk, 2 bedders 6xxk, 3 bedders from high 7xxk (now probably left with 8xxk) and so on.

....And 4-bedder high floor seaview from 1.3xxm up!!

price
16-04-12, 17:17
....And 4-bedder high floor seaview from 1.3xxm up!!
yea but all sold out liao. wait for hoihup lor :D:cheers5:

RP111
16-04-12, 19:45
yea but all sold out liao. wait for hoihup lor :D:cheers5:

How soon can subsales at RP happen?

Chester
17-04-12, 10:52
How soon can subsales at RP happen?

Are you trying to sell or trying to buy?
If sell within first year of purchase; have to pay hefty 16% seller stamp duty and this progressively decreases over the next few years; zero after the 4th year I think.

Chester
19-04-12, 13:39
For those who bought Ripple Bay, I am wandering you have take up the scheme with stamp duty rebates or with stamp duty rebates, which one is more worth it ?

If the stamp duty rebate had already been factored into the purchase price; you won't be able to get CPF reimbursement for your total stamp duty paid.

3C
22-04-12, 22:50
Very quiet. Dont know whether this afternoon Tay Peng Hui & Michelle Chong make any impact on the sale. Who knows Sky Habitat will see Chow Yuen Fatt appearing soon..:D

graveyard
23-04-12, 00:59
Very quiet. Dont know whether this afternoon Tay Peng Hui & Michelle Chong make any impact on the sale. Who knows Sky Habitat will see Chow Yuen Fatt appearing soon..:D

Sweet Rebecca Lim make me wan rush to east village showroom! :D

Shoeboxsupporter
23-04-12, 16:39
Why Ripple Bay keep advertise in TV ?

carbuncle
23-04-12, 17:00
Why Ripple Bay keep advertise in TV ?
Maybe because Sea Esta vvvvvip preview next week?

babyworm
23-04-12, 17:10
If the stamp duty rebate had already been factored into the purchase price; you won't be able to get CPF reimbursement for your total stamp duty paid.

I don't think this matters? You only need 5% in cash. You can pay the remainder 15% and your stamp duty from CPF.

Shoeboxsupporter
23-04-12, 22:31
Maybe because Sea Esta vvvvvip preview next week?


So MCL expected the price from Hoi Hup will be much lower than Ripple Bay, Keep advertise to attract buyers............but think most buyer prefer to wait Sea Esta lauch to compare..........

Chester
24-04-12, 17:28
So MCL expected the price from Hoi Hup will be much lower than Ripple Bay, Keep advertise to attract buyers............but think most buyer prefer to wait Sea Esta lauch to compare..........

For the non-seaview units maybe. Hoi Hup will be foolish to launch their seaview units at a lower price than RB; since RB seaview units were a sell-out even before the launch. All seaview lovers will cheong to grab whatever are available at Sea Esta.

bargain hunter
03-05-12, 08:47
Pasir Ris' Ripple Bay sold 505 units out of 679 units, as of Tuesday. Its apartments were sold at an average of $870 psf.

blackapple
03-05-12, 08:55
Pasir Ris' Ripple Bay sold 505 units out of 679 units, as of Tuesday. Its apartments were sold at an average of $870 psf.

The problem with MCL is that they will be running out of land to build pc soon..:doh: :doh: Think they expect the price to drop..

Shoeboxsupporter
03-05-12, 09:27
Pasir Ris' Ripple Bay sold 505 units out of 679 units, as of Tuesday. Its apartments were sold at an average of $870 psf.

RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12

RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12
RIPPLE BAY PASIR RIS LINKCondominium1718,2601,055Strata681Apr-12RIPPLE BAY PASIR RIS LINK Condominium 1 722,053 1,055 Strata 684 Apr-12
RIPPLE BAY PASIR RIS LINK Condominium 1 718,260 1,055 Strata 681 Apr-12

Why got unit sold as 681 or 684 per square feet which I not aware when in Showroom ?

bargain hunter
03-05-12, 11:30
could these be units on the ground floor with a PES area?


RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12

RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12
RIPPLE BAY PASIR RIS LINKCondominium1718,2601,055Strata681Apr-12RIPPLE BAY PASIR RIS LINK Condominium 1 722,053 1,055 Strata 684 Apr-12
RIPPLE BAY PASIR RIS LINK Condominium 1 718,260 1,055 Strata 681 Apr-12

Why got unit sold as 681 or 684 per square feet which I not aware when in Showroom ?

price
03-05-12, 13:52
RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12

RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12RIPPLE BAY PASIR RIS LINKCondominium1722,0531,055Strata684Apr-12
RIPPLE BAY PASIR RIS LINKCondominium1718,2601,055Strata681Apr-12RIPPLE BAY PASIR RIS LINK Condominium 1 722,053 1,055 Strata 684 Apr-12
RIPPLE BAY PASIR RIS LINK Condominium 1 718,260 1,055 Strata 681 Apr-12

Why got unit sold as 681 or 684 per square feet which I not aware when in Showroom ?

VVIP launch lor

Chester
03-05-12, 14:19
VVIP launch lor

I bought my unit at VVIP launch also; but still had to pay slightly more than $1K psf :beats-me-man: . What to do... only want sea view - limited units; so must pay premium price.

Shoeboxsupporter
03-05-12, 16:26
VVIP launch lor

I also in VVIP launch, don think I ever see such low price.....even ground floor......

bargain hunter
03-05-12, 16:55
MCL related cronies then hahaha



I also in VVIP launch, don think I ever see such low price.....even ground floor......

Shoeboxsupporter
03-05-12, 22:55
MCL related cronies then hahaha

600 plus per square feet is EC price not CONDO price

price
04-05-12, 00:18
I also in VVIP launch, don think I ever see such low price.....even ground floor......
did u buy their worst PH facing unit? think those maybe near that kind of psf

simple
04-05-12, 00:23
I also in VVIP launch, don think I ever see such low price.....even ground floor......

I think penthouse units, some unusable spaces ...

Eastboy
04-05-12, 11:24
is ripple bay or palette a better investment?

price
04-05-12, 11:47
is ripple bay or palette a better investment?

I'll choose ripple

carbuncle
04-05-12, 11:52
is ripple bay or palette a better investment?
Sea Esta best lol.