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phantom_opera
05-09-12, 11:35
http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/750A170DFEE9BDF148257A6F00218A4E?OpenDocument

Only 3 bids, winning bid 313psf so sell around 750-800psf

next to TPE, far from MRT

EC is dead

who in the right mind, earning 10-12k will be inspired by such location :doh:
bakasa2002
05-09-12, 11:45
It seems like the oversupply in Punggol is showing and QJ might really end up with too many plots in that area. :)
radha08
05-09-12, 11:48
parc centros...:cheers5:

the REST...:tsk-tsk:
buttercarp
05-09-12, 11:49
I am surprised that they are building an EC in such a location!
Expressway and major road junction there.
azeoprop
05-09-12, 12:25
The land is more expensive than Riversail's land cost of 291psf ppr!

:D
fclim
05-09-12, 12:39
http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/750A170DFEE9BDF148257A6F00218A4E?OpenDocument

Only 3 bids, winning bid 313psf so sell around 750-800psf

next to TPE, far from MRT

EC is dead

who in the right mind, earning 10-12k will be inspired by such location :doh:

But next door twin waterfalls 98% sold wat. Average $700 psf selling price.
phantom_opera
05-09-12, 12:54
But next door twin waterfalls 98% sold wat. Average $700 psf selling price.

Sorry to say that, Punggol residents are young, kiasu but naive :p
samuelk
05-09-12, 13:05
http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/750A170DFEE9BDF148257A6F00218A4E?OpenDocument

Only 3 bids, winning bid 313psf so sell around 750-800psf

next to TPE, far from MRT

EC is dead

who in the right mind, earning 10-12k will be inspired by such location :doh:
then again there are people who paid premium for water town. So anything can happdn
bakasa2002
05-09-12, 13:20
Sorry to say that, Punggol residents are young, kiasu but naive :p

Not young and dangerous? :tongue3:
phantom_opera
05-09-12, 13:21
Not young and dangerous? :tongue3:
if they overleverage yes lol
carbuncle
05-09-12, 13:41
Dangerous to themselves only. Let them spontaneously combust.
Allthepies
05-09-12, 16:18
the first batch of punggol/sengkang HDB takes 10 to 15 years before the owners see any light. history is going to repeat itself.location,location,location.
bakasa2002
05-09-12, 17:33
if they overleverage yes lol

Unlikely lah ... EC in Punggol for 3br is less than <750k normally, so after 20% DP, it is 600k loan max. For a young couple with 10-12k income shd be ok to service that amount monthly. :)
bakasa2002
05-09-12, 17:34
the first batch of punggol/sengkang HDB takes 10 to 15 years before the owners see any light. history is going to repeat itself.location,location,location.

Well, they will say the Punggol waterway is completed, Watertown is going to be up in running in 3 years and coney island works is underway. Punggol is going to be Venice of the North-east! :)
Allthepies
05-09-12, 17:59
Well, they will say the Punggol waterway is completed, Watertown is going to be up in running in 3 years and coney island works is underway. Punggol is going to be Venice of the North-east! :)

wow ok, what I see is row and row of BTO/EC/Condos. Is 2000psf coming for Punggol/Sengkang then ? :scared-4: