View Full Version : Would you buy Pinnacle@Duxton at 800k
phantom_opera
04-10-12, 10:24
Read paper, one 5r HDB at P@D selling at 800k 203 applicants
Would u buy?
Wonder what is the reason why still got balance units, force take over? Divorce? racial quota :beats-me-man:
buttercarp
04-10-12, 10:35
Yes, if I qualify and if it is above 10 storeys.
Read paper, one 5r HDB at P@D selling at 800k 203 applicants
Would u buy?
Wonder what is the reason why still got balance units, force take over? Divorce? racial quota :beats-me-man:
If you compare this to a 3 rm 40+ yr landed at Jln Bahagia, yes, it's a good buy.
bakasa2002
04-10-12, 10:40
Yes, if I qualify and if it is above 10 storeys.
Sis, you will qualify if it's resale, just have to sell off your pte ppty. :)
Read paper, one 5r HDB at P@D selling at 800k 203 applicants
Would u buy?
Wonder what is the reason why still got balance units, force take over? Divorce? racial quota :beats-me-man:
i think got 1 unit was force take over a few months back. The owner tenant out.
buttercarp
04-10-12, 10:43
Sis, you will qualify if it's resale, just have to sell off your pte ppty. :)
Oh, then no way.
bakasa2002
04-10-12, 10:47
Yes, I would pay 800k for a unit at Pinnacle w good view. :)
phantom_opera
04-10-12, 11:14
I must clap my hand if it is due to illegal sublet ... serve them right :p
sour grapes :D
If true. The owner really damn stupid. Penny wise pound foolish.
Yes I will buy ... then can qualify to say "No SGD 3 million ... No Sell !!!" :D:D:D
at 800k purchase, no 5 mil no sell!
i think got 1 unit was force take over a few months back. The owner tenant out.
Walau.. sublet rooms and locked masterroom also will get caught nowadays?? ... Looks like i'll have to stay in the masteroom of my EC and rent out the other rooms.
buttercarp
04-10-12, 12:01
Walau.. sublet rooms and locked masterroom also will get caught nowadays?? ... Looks like i'll have to stay in the masteroom of my EC and rent out the other rooms.
Has your EC met the MOP?
If not then better don't take the risk.
Curious.... u mentioned u live near Katong.
Katong got EC :confused: ?
lurking... lurking.... ....
I don't think I'll buy, with this amt of money, I would rather buy private ppty.:p
i wouldnt. prefer marine parade or queenstown hdb.
Allthepies
04-10-12, 14:26
this is a good unit, 40+ floor, face east, city view, unblocked, worth at least 1mil after 5years MOP, within 1km,..ha if i qualify sure buy
sure buy... after mop, not scare of no tenants :D
phantom_opera
04-10-12, 14:49
Wow everybody so bullish, if this question posted in 2005, none will buy :tsk-tsk:
M3 has more than doubled since 2005, no wonder :banghead:
2005 Aug 221,005 m
2012 Aug 472,405 m
buttercarp
04-10-12, 14:51
Wow everybody so bullish, if this question posted in 2005, none will buy :tsk-tsk:
M3 has doubled since 2005, no wonder :banghead:
But price at that time would be lower mah.
Maybe half of it?
Wow everybody so bullish, if this question posted in 2005, none will buy :tsk-tsk:
M3 has doubled since 2005, no wonder :banghead:
bullish after seeing your statue of liberty pic (http://forums.condosingapore.com/showthread.php?t=15104) :D
phantom_opera
04-10-12, 14:54
But price at that time would be lower mah.
Maybe half of it?
The Pinnacle@Duxton is a 50-storey public housing project that was first launched in May 2004. Some of the remaining flats were re-launched in September 2008 and 111 five-room units were put up for sale at around $545,000 to $645,800.
When it was first introduced in 2004, four-room units were worth $289,200 while most of the five-room units were offered for about $439,400.
=> so in 2004 was 4xxk, then in 2008 was 6xxk, now is close to 800k :eek:
phantom_opera
04-10-12, 14:56
Guess who said this:
“From the 1980s, we moved towards a market-based system. By liberalising the resale market and allowing HDB prices to move in tandem with the economy, we unlocked the value of HDB flats to allow citizens to share in the fruits of the nation's growth. Home ownership of a HDB flat is a store of value that can be monetised when need be.”
buttercarp
04-10-12, 15:09
Guess who said this:
“From the 1980s, we moved towards a market-based system. By liberalising the resale market and allowing HDB prices to move in tandem with the economy, we unlocked the value of HDB flats to allow citizens to share in the fruits of the nation's growth. Home ownership of a HDB flat is a store of value that can be monetised when need be.”
http://webcache.googleusercontent.com/search?q=cache:LLN364S-pRYJ:www.news.gov.sg/public/sgpc/en/media_releases/agencies/mica/speech/S-20091213-1.print.html%3FAuthKey%3D+From+the+1980s,+we+moved+towards+a+market-based+system.+By+liberalising+the+resale+market+and+allowing+HDB+prices+to+move+in+tandem+with+the+economy,+we+unlocked+the+value+of+HDB+flats+to+allow+citizens+to+share+in+the+fruits+of+the+nation's+growth.+Home+ownership+of+a+HDB+flat+is+a+store+of+value+that+can+be+monetised+when+need+be&cd=3&hl=en&ct=clnk&gl=sg
Read paper, one 5r HDB at P@D selling at 800k 203 applicants
Would u buy?
Wonder what is the reason why still got balance units, force take over? Divorce? racial quota :beats-me-man:
203 applicants after 1 unit. 0.49% chance of getting it. IPO also not so hot! Like striking lottery..... you wan also don't have....
Sis, you will qualify if it's resale, just have to sell off your pte ppty. :)
ya but u got to compete with 200 other people who applying...easier to buy 4d..:D
Yes, if I qualify and if it is above 10 storeys.
then we can see u posing like this wahahaha...:D
http://www.tnp.sg/sites/default/files/3m.jpg
auroraborealis
04-10-12, 16:58
Yesss... If Queenstown old old hdb can sell $1mio
Just imagine Duxton's potential :47:
just curious what will happen when this project is around 30 to 40 years old?
If goes under SERS where do you think HDB will relocate them?
phantom_opera
04-10-12, 17:23
just curious what will happen when this project is around 30 to 40 years old?
If goes under SERS where do you think HDB will relocate them?
Pulao Tekong :scared-3:
ikan bilis
04-10-12, 17:35
Pulao Tekong :scared-3:
why you crying ??... 30-40yrs later Pulau Tekong will be the next sentosa cove... disneyland beside.... :rolleyes:
don;t believe me ??... try keep this thread alive for 30-40yrs... :D
don;t believe me ??... try keep this thread alive for 30-40yrs... :D
by then ikan bilis also grow until become shark liao :D
why you crying ??... 30-40yrs later Pulau Tekong will be the next sentosa cove... disneyland beside.... :rolleyes:
don;t believe me ??... try keep this thread alive for 30-40yrs... :D
no lah, a new casino and disneyland will be at JLD :)
I think a more logical site will be the land currently occupied by PSA.
phantom_opera
04-10-12, 17:44
Next Macao or Vegas ?
Next Macao or Vegas ?
Singapore will be better than macao, vegas and monaco. There is no question about it.
speculator
04-10-12, 18:24
Units there are worth $1mil at least. Minister already predicted.
I would grab if I can qualify
Tony Blair
04-10-12, 18:43
I will pay $1m to get deal.
the last i check the leftover units were all for the Malay and Indian race. Chinese quota long hit liao.
I wonder if it was an open market auction where people can pay COV above the V of $800k to be the eventual buyer, where will the final price end up...
If the units can fetch 1 million and above in the resale market, it will cause a ripple effect to all the hdb flats in Singapore. Soon, a 3rm in tampines will be asking for 500k, 4 room 650k, 5 room 800k and exec 1million?
I pity those young couples looking for the first flat.
Singapore will be better than macao, vegas and monaco. There is no question about it.
Already higher turnover than Vegas liow.... No 2 worldwide after Macau. :D
Vegas and Monaco lose already :doh:
Not sure if its something to be proud of:confused:
If the units can fetch 1 million and above in the resale market, it will cause a ripple effect to all the hdb flats in Singapore. Soon, a 3rm in tampines will be asking for 500k, 4 room 650k, 5 room 800k and exec 1million?
I pity those young couples looking for the first flat.
what to do seems like now no one cares...just build up your warchest...full of properties....:D
Monopoly(tm) is the name of the game
auroraborealis
05-10-12, 16:22
still have BTO costing 300k +/-
If the units can fetch 1 million and above in the resale market, it will cause a ripple effect to all the hdb flats in Singapore. Soon, a 3rm in tampines will be asking for 500k, 4 room 650k, 5 room 800k and exec 1million?
I pity those young couples looking for the first flat.
still have BTO costing 300k +/-
govt has to keep majority happy and provide affordable housing so nobody can point finger at them that they dont care...:cheers1:...
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