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carbuncle
22-11-12, 12:01
Since there is a thread for the big boyz i reckon support the underdogs a bit also to balance it out.

eg boutique (small) developers

SCGlobal
TEE holdings
Fragrance/WCL
Macly
Oxley
Roxy
(no theres no Oxy yet)
Pinnacle
Fission

Discussion is now OPEN.
carbuncle
22-11-12, 12:03
I start.

One reason: Usually projects are small. So less crowding and wear and tear of common facilities/areas.
Shanhz
22-11-12, 13:39
I start.

One reason: Usually projects are small. So less crowding and wear and tear of common facilities/areas.

maintenance fee is the downside. too high.
virzone
22-11-12, 14:07
maintenance fee is the downside. too high.

usually they have freehold status.
cnud
22-11-12, 14:08
maintenance fee is the downside. too high.

Agree. Maintenance fee is the main consideration.

Another is the lack of facilities in boutique developments.

Volume is not there for comparison when selling.
leftfield
22-11-12, 14:27
Location. If u are looking at areas like Siglap or Telok Kurau, it's almost impossible to find anything there new by the the big boys.

Only the small developers are interested in the small plots of land that comes out every now and then to build small small estates.
bakasa2002
22-11-12, 14:41
Location. If u are looking at areas like Siglap or Telok Kurau, it's almost impossible to find anything there new by the the big boys.

Only the small developers are interested in the small plots of land that comes out every now and then to build small small estates.

Flamingo Valley is the only new one in that area ...
leftfield
22-11-12, 14:48
Flamingo Valley is the only new one in that area ...

Got lah, Siglap V just to name one.
nalimakk
22-11-12, 15:08
yess i do agree they have free hold status..!1
nav14
22-11-12, 15:17
Why I will not buy boutique developments:

a) mostly built by 3rd class developers so quality highly suspect.
b) maintenance will be high
c) unless it is very classy, most tenants will prefer medium sized developments with decent facilties, pool sizes.
radha08
22-11-12, 15:22
same reason why people go boutique buy clothes...:D
sherlock
22-11-12, 17:02
same reason why people go boutique buy clothes...:D
Wah lao eh! :banghead:
Pikachu1245
22-11-12, 18:58
Why I will not buy boutique developments:

a) mostly built by 3rd class developers so quality highly suspect.
b) maintenance will be high
c) unless it is very classy, most tenants will prefer medium sized developments with decent facilties, pool sizes.

Nontheless, some buyers are attracted by the FH status and affordable quantum.

Moreover, these units have been selling rather well in recent years?
Kanarazu
22-11-12, 20:06
I start.

One reason: Usually projects are small. So less crowding and wear and tear of common facilities/areas.

Yep. Dictionary definition of boutique means small and exclusive.
Shoeboxsupporter
22-11-12, 21:02
Since there is a thread for the big boyz i reckon support the underdogs a bit also to balance it out.

eg boutique (small) developers

SCGlobal
TEE holdings
Fragrance/WCL
Macly
Oxley
Roxy
(no theres no Oxy yet)
Pinnacle
Fission

Discussion is now OPEN.


Boutique Developers produce Most of the MM........I like MM.......:D :D :D :cheers4:
bakasa2002
22-11-12, 23:44
Got lah, Siglap V just to name one.

I meant by the big boys... Perhaps can add seawind, the sound to the list. Grand duchess...
price
23-11-12, 01:15
Many boutique developments have low maintenance. it's a misconception.
Ringo33
23-11-12, 02:00
Why I will not buy boutique developments:

a) mostly built by 3rd class developers so quality highly suspect.
b) maintenance will be high
c) unless it is very classy, most tenants will prefer medium sized developments with decent facilties, pool sizes.

* lack of parking space,
* when development is old, the place will be run down as residents are not willing to pay for repairs
* no feeder service to MRT station

I think most people buy such development is because they want to stay close to their kampung but couldnt afford landed property.
chestnut
23-11-12, 05:16
Wah lao eh! :banghead:

Bro, don't know whether Radha joking or not, but I feel it is true... I stay in boutique condo... Fewer than 100 units...

Maintenance is a lot higher
There are a lot less people fighting to use facilities
U bump into less people

But for me, shiok... I don't get to hear kids screaming at the swimming pool... It is so serene and quiet... Just like the little stretch of Pasir Panjang.... All low rise... So quaint.... Diff strokes for diff people... If not, no one will stay in Pasir Panjang.. Hahahahaha:D

Buy only if u can afford to pay the monthly maintenance.... It is like buying an SUV, buy if u can afford the gas...hahahaha
chestnut
23-11-12, 05:19
Nontheless, some buyers are attracted by the FH status and affordable quantum.

Moreover, these units have been selling rather well in recent years?

Bro, where got cheap?? Can name me 2 boutique condo which is cheap??

Look at the village?? Where got cheap??

I bot my boutique condo cheap because at that time, market was bad... If u compare with other development, not cheap leh?? And it was built by reputable developer...

Cheers....:cheers5:
chestnut
23-11-12, 05:23
Many boutique developments have low maintenance. it's a misconception.

Huh? If maintenance low, please be careful.... Because sinking funk small.... So in event of major upgrade, etc... All units have to folk out a lot of cash... We just went thru 1 round last year... Hahahahaha
aunhyunty
23-11-12, 06:49
High rise look like hdb, no private feel. Low rise near landed feel more exclusive. Also feel more like holiday resort. Peaceful....quiet... agree with high maintenance fee is the killer.
auroraborealis
23-11-12, 09:36
haven't seen a 10-yr old small boutique development that's well maintained; most degenerate v.quickly after the 1st years :doh:
carbuncle
23-11-12, 10:04
u havent looked hard enough.

http://condo.singaporeexpats.com/condo/358/CHELSEA-LODGE

very well kept
sherlock
23-11-12, 10:28
u havent looked hard enough.

http://condo.singaporeexpats.com/condo/358/CHELSEA-LODGE

very well kept
Bro this one no facilities one...
Ringo33
23-11-12, 10:37
haven't seen a 10-yr old small boutique development that's well maintained; most degenerate v.quickly after the 1st years :doh:

Always the case. For example if the pools or playground needs repair, those who dont use it will not want to pay, so AGM sure got argument.
Ringo33
23-11-12, 10:40
Bro this one no facilities one...

if no facilities, might as well live in HDB.
Trigger
23-11-12, 11:12
To diversify your portfolio? For those who have a portfolio in the first place :old-chinese-guy:
Ringo33
23-11-12, 11:48
Does anyone know hows the rental yield of these small development?
price
23-11-12, 11:50
Huh? If maintenance low, please be careful.... Because sinking funk small.... So in event of major upgrade, etc... All units have to folk out a lot of cash... We just went thru 1 round last year... Hahahahaha

I'd have flipped it before that
price
23-11-12, 11:55
Does anyone know hows the rental yield of these small development?

try URA.com?
carbuncle
23-11-12, 12:00
since when become .com lol
samuelk
23-11-12, 12:48
maintenance fee is the downside. too high.
how much more expensive? The usual is 260 per month for s normal condo.
Ringo33
23-11-12, 12:50
try URA.com?

how to tell which one is boutique development?