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Intrepid Explorer 2.0
30-08-06, 19:49
RiverGate renderings:

http://img108.imageshack.us/img108/862/rivergatelogose7.gif (http://imageshack.us)

http://img108.imageshack.us/img108/4966/rivergaterenderol9.gif (http://imageshack.us)

http://img168.imageshack.us/img168/4089/rivergateskyzc9.gif (http://imageshack.us)

http://img53.imageshack.us/img53/7082/rivergategardenac3.gif (http://imageshack.us)

http://img53.imageshack.us/img53/8461/rivergatelocationrl3.th.gif (http://img53.imageshack.us/my.php?image=rivergatelocationrl3.gif)

yulishu
30-01-07, 11:52
personally, i think this project is not bad, though external architecture cld have been improved more. in terms of the unit internal layout, there's good space for family. location also very good, 5-10mins' walking distance to somerset mrt, easy access to business district and chinatown. near the nite spot, yet serene in a high-end residential community, with river view and city view. the potential is there if water activities are properly developed there.

recommend a buy.. currently @ around $1,500psf, roughly $2m investment ... definitely better than orchard or bukit timah areas which are going at a higher rate with less to offer ... or even its peers in the region...

yktan
30-01-07, 20:52
To me, River gate looks like a giant ugly HDB flat if they don't plant all those greenery. So to all owners of River gate, please ask your MC to spare no expense to plant sky gardens and maintain them. Otherwise will really look like premium HDB flats. :o

mr funny
08-05-09, 13:24
http://www.businesstimes.com.sg/sub/companies/story/0,4574,331983,00.html?

Published May 8, 2009

Payment collected for 98% of sold RiverGate units


PAYMENT has been collected for 98 per cent of the 542 condo units sold at CapitaLand's RiverGate project since Temporary Occupation Permit (TOP) was obtained in March, the developer said yesterday.

http://www.businesstimes.com.sg/mnt/media/image/launched/2009-05-08/BT_IMAGES_KRRIVER8.jpg
The three towers: Payment collection for 11 units, all sold separately to individual buyers under DPS, is ongoing

Payment collection for the remaining 2 per cent, or 11 sold units, is ongoing, and the buyers have been served notice to pay up. The 11 units were 'all sold separately to individual buyers under the deferred payment scheme (DPS)', a CapitaLand spokeswoman said.

More than 90 per cent of the 542 RiverGate units sold were under DPS, she added. CapitaLand developed the 545-unit freehold condo in the Robertson Quay area through a 50:50 joint venture with Hwa Hong Corporation.

Asked what CapitaLand will do regarding the 11 buyers that have not paid up, the spokeswoman said: 'For genuine homebuyers who may face difficulties meeting the payment obligations, we will address these on a case-by-case basis. We will see how we can lend our assistance within the constraints of the obligations under the securitisation structure.'

The progress payments and deferred payment receivables for sold units were securitised through special purpose vehicle Okeanos Investment Corporation, which in January 2007 issued US$477 million ($731 million) of floating rate notes due 2011.

With the proceeds collected for RiverGate so far, the US$477 million of notes are expected to be fully redeemed by the expected maturity date in June 2009, CapitaLand said in a statement yesterday.

RiverGate buyers who opted for DPS paid 20 per cent of the apartments' price when booking them. Upon obtaining TOP, a further 65 per cent of the price is payable, with the balance of 15 per cent to be paid once the development obtains a Certificate of Statutory Completion and legal completion status from the authorities.

The 43-storey freehold project was launched in phases, with the initial phase in 2005 priced at $1,080 per square foot on average, and the final phase in 2006 priced at $1,600 psf on average. Units in the project have recently changed hands at about $1,200-1,380 psf.

Among those who bought RiverGate units from the developers is property fund manager Ferrell, which acquired 100 units in two tranches - 80 around Chinese New Year in 2005 and 20 later that year.

RiverGate is the first residential project in Singapore to be accorded landmark status by the Urban Redevelopment Authority in recognition of its strategic location and cutting-edge architectural design, CapitaLand pointed out yesterday.

'At 43 storeys, the development towers above the predominantly 10-storey buildings in the vicinity,' it said. 'Against this urban landscape, the majority of RiverGate's apartments enjoy views of the river and the business district city-scape.'

mr funny
08-05-09, 13:35
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/427636/1/.html

CapitaLand collects payment for 98% of sold RiverGate apartments

By Wong Siew Ying, Channel NewsAsia | Posted: 07 May 2009 2040 hrs


SINGAPORE : Property developer CapitaLand has collected payment for 98 per cent of the 542 units of RiverGate apartments which have been sold since it obtained the Temporary Occupation Permit in March 2009.

CapitaLand said the progress payments and deferred payment receivables for the sold units were securitised through special purpose vehicle Okeanos Investment Corporation.

Okeanos issued US$477 million (S$731 million) of floating rate notes in January 2007.

The notes are due in 2011 and CapitaLand expects to fully redeem them by the maturity date in June 2009 with the proceeds collected for RiverGate to date.

RiverGate is a joint venture project by CapitaLand and Hwa Hong Corporation.

The development comprises 545 freehold residential units and is located in Singapore's Robertson Quay area. - CNA /ls

stalingrad
08-05-09, 15:44
Really surprised to read in the paper that the last batch of RG units were sold in 2006 at 1600 psf, and transactions today for all RG units occur at the 1300 psf level.

That means those bought units at RV in 2006 have lost a lot of money. It has been generally believed that those bought any condos in 2006 are still above water. That is not true for RG buyers.

jitkiat
08-05-09, 15:49
Really surprised to read in the paper that the last batch of RG units were sold in 2006 at 1600 psf, and transactions today for all RG units occur at the 1300 psf level.

That means those bought units at RV in 2006 have lost a lot of money. It has been generally believed that those bought any condos in 2006 are still above water. That is not true for RG buyers.

But those bought mass market condo in 2006 will still make $$ today. This has something to do with the oversuppy situations of highend condos and the fall of rental. If you check the list of condos TOP in 2009/2010, most of them are highend condos. The real surprise to me is that 98% had paid up ... Singaporeans really rich, paper loss only loh.

stalingrad
08-05-09, 15:55
But those bought mass market condo in 2006 will still make $$ today. This has something to do with the oversuppy situations of highend condos and the fall of rental. If you check the list of condos TOP in 2009/2010, most of them are highend condos. The real surprise to me is that 98% had paid up ... Singaporeans really rich, paper loss only loh.

but the high pay-up rate is for this high end condo only. I am sure that high-end condos launched in 2007 would have a hard time getting a high pay-up rate. the loss suffered by RG buyers is about only 20 plus percent. For other high end buyers, the loss can be 40% or more. many of the buyers, especially if they are foreign, will walk away.

NoodyGirl
08-05-09, 20:40
c'mon u omitted the part that most paid 1080 for earlier launches
at current prices all made money

mr funny
11-05-09, 13:06
http://www.straitstimes.com/Life%2521/Life%2BNews/Story/STIStory_374138.html

May 9, 2009

home & garden

Gardens in the sky

High-rise greenery is sprouting in condos and HDB blocks

By tay suan chiang

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top1.jpghttp://www.straitstimes.com/STI/STIMEDIA/image/20090508/top2.jpg
High-rise havens at Newton Suites (left) and HDB carpark in Toa Payoh. -- ST PHOTOS: JOYCE FANG, SHAHRIYA YAHAYA

Garden terraces on high-rise buildings are a growing idea.

More condominiums, Housing Board carparks and office towers are sprouting plants and trees amid the concrete, helping Singapore bloom as a 'garden city'.

Everyone is happy: Developers like adding high-rise greens because they say they help keep buildings cool and beautify the urban jungle. Residents like them because they help them keep close to nature, despite being above the ground.

The idea gets the (green) thumbs-up from housewife Mei Wong, who lives in one of Singapore's oldest housing estates, Toa Payoh, which boasts the first sky garden to connect five HDB blocks. It has landscaped footpaths, sheltered seating areas and a trellis where creepers grow.

Ms Wong, 40, who goes there often with her two children, says: 'There's no need for me to grow plants at home. I just come here.

'The plants keep the sky garden cool, and it is pleasant to look out onto it from my 20th-storey window.'

The HDB and the National Parks Board first started a pilot project to green the roof of a multi-storey carpark in Punggol in 2003. At some multi-storey carparks in new HDB projects, there are also roof gardens which the public can access.

The idea is also taking root in the private sector (see separate stories). Last month, the Urban Redevelopment Authority (URA) launched a new programme called Landscaping for Urban Spaces and High Rises - or appropriately, Lush in short - to promote more skyrise greenery.

Its initiatives include making landscaping, such as to shape rooftop gardens or sky terraces, a must for new developments in Raffles Place, Shenton Way, Marina Centre, along Kallang River and Jurong Gateway, the upcoming commercial hub in the west.

Already, since 1997, the URA has encouraged developers to incorporate sky terraces in residential projects by allowing a higher building height if they are provided. Covered sky terraces are also exempt from gross floor area computation, which means a developer has more room to build more apartment units.

Under Lush, these guidelines were revised to require that sky terraces are lushly landscaped and that the greenery is visible externally, to ensure a more attractive communal space.

New condos are showing they are taking the sky garden concept to new heights. At year-old Icon in Tanjong Pagar, residents are living a luxe lush life.

The sky terrace on the 31st storey of the mixed-use development makes for one superb venue for residents' private parties. It is filled with shade-loving plants such as frangipani trees, and small pockets of areas have been created to give some privacy.

Mr Chng Kiong Huat, director of development and planning for the condo's developer, Far East Organization, says the sky terrace was created so residents can 'live, work and play within the compound'.

Property developer Capitaland has also introduced high-rise greenery at two recent residential projects, Citylights near Lavender and RiverGate near River Valley Road. At Citylights, there is a sky terrace on the 24th storey with fitness facilities, plus reading and yoga corners, amid the lush greenery.

Over at RiverGate, its sky gardens are made up of a series of public and private gardens and balconies which give the development a green and ecologically harmonious appearance on Singapore's skyline, says Capitaland.

At Fusionopolis, the science and research centre in Buona Vista, there are 13 sky gardens which the public can visit.

Developer JTC Corporation says the sky gardens provide visual relief and serve as green lungs and social pockets.

Mr Eric Van Steen, 38, senior manager of Accenture, a consulting firm, goes to the gardens about twice a week.

'The greens, with the breeze and the great views, make it a pleasant space to step out of the office to clear the mind,' he says.

Newton Suites, developed by UOL Group, also has a 100m wall of vertical greenery on the 36-storey tower.

Architect Chan Ee Mun from award-winning firm Woha, which designed the Newton Road condo, says 'elevated gardens bring nature closer to the residents and afford the luxury of greenery that was previously reserved only for landed living'.

The greenery absorbs sunlight and carbon dioxide emissions and helps create oxygen. Mr Chan adds that by planting vertically, 'we are also populating our dense urban centres with gardens and greenery that encourage a thriving biodiversity'.

Newton Suites resident, financial consultant Mona Honegger, 43, lives on the ninth storey but regularly goes up to the lush sky terrace on the 31st storey to revel in the unblocked views of the city.

The Swiss expat, who enjoys a drink and relaxes there before bedtime, says: 'Being here among the green gives me a feeling of being close to nature.'

[email protected]


The high life

Icon

A sky terrace on the 31st storey provides private seating areas, with hot tubs from which users can enjoy unblocked views of the city and the sea and floating birdcage swings.

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top3.jpg

Lush greenery to block out prying eyes creates pockets of private space.

On the seventh storey is a pool deck featuring green 'islands'. The use of trees and plants gives the deck a tropical resort feel.

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top4.jpg
-- PHOTOS: ASHLEIGH SIM, JOYCE FANG, SHAHRIYA YAHAYA, CAPITALAND, JTC CORPORATION


RiverGate

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top5.jpg

This 545-unit condomnium near River Valley Road offers residents 45 sky gardens with views of the city, Singapore River and the South China Sea. The sky gardens are made up of a series of public and private gardens and balconies. There are trellises on which creepers grow so residents can feel close to nature.


Newton Suites

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top6.jpg

This award-winning condominium boasts sky terraces surrounded by lush greenery, giving residents a garden-in-the-sky feel. There is also a 100m-tall green wall along the 36-storey block.


HDB roof gardens

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top7.jpg

Some lucky HDB flat dwellers are also enjoying skyrise greenery. In 2003, the Housing Board and National Parks Board started a pilot project to green the roof of a multi-storey carpark in Punggol.

These rooftop gardens not only keep the surround- ings cool but are also pleasing to look at for neighbouring residents.

The one on the left is at Toa Payoh Lorong 2. Other rooftop gardens on carparks can be found in new housing estates such as Punggol, Sengkang and Sembawang.


Fusionopolis

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top8.jpg

This science and technology centre, developed by JTC Corporation, boasts 13 sky gardens which are open to the public. The sky gardens have water features amid the lush greenery, with clear views of the surroundings.


Citylights

http://www.straitstimes.com/STI/STIMEDIA/image/20090508/top9.jpg

Taking a leisurely stroll is an elevating experience at this 600-unit condo near Lavender MRT station. Residents have a lush high-rise pool deck and a sky terrace on the 24th floor that has fitness facilities and a jacuzzi plus reading and yoga corners.

proud owner
11-05-09, 13:11
sky garden is good .. i like it ...

buy will the ants follow the plants all the way from ground floor to the PH ??? or even into the units ?

or will the unit just below the garden risk having 'mouldy' ceiling ?

Acer
11-05-09, 14:17
sky garden is good .. i like it ...

buy will the ants follow the plants all the way from ground floor to the PH ??? or even into the units ?

or will the unit just below the garden risk having 'mouldy' ceiling ?

u forget bee and butterfly

home-run
20-05-09, 21:21
**RIVERGATE UNITS BY L**** !!! (SUPPOSED HUSH SALE!!!)

**OVER 80+ BEST FACING UNITS !!! 3/4BR & PENTHOUSES!!!
~~~HURRY~~~

**CALL ME FOR PRICING AND ENQUIRIES NW!!!
**VIEWING BY APPT ONLY!!
MOBILE : 81680241:scared-1:

mr funny
23-05-09, 15:41
http://www.businesstimes.com.sg/sub/news/story/0,4574,334341,00.html?

Published May 23, 2009

Ferrell puts 80 RiverGate units back on market

30 to 40 apartments have since been sold at private preview

By EMILYN YAP


FERRELL Asset Management, which counts Indonesia's Lippo Group as one of its investors, has put around 80 apartments at the RiverGate back on the market for sale, BT understands.

http://www.businesstimes.com.sg/mnt/media/image/launched/2009-05-23/BT_IMAGES_EYRIVER23.jpg
SELLING POINT
The 545-unit freehold condominium in the Robertson Quay area received Temporary Occupation Permit in March

According to agents, a private preview began a few days ago and around 30 to 40 units have been taken up. The 545-unit freehold condominium in the Robertson Quay area received Temporary Occupation Permit in March, and was a joint development between CapitaLand and Hwa Hong Corporation.

The apartments on sale are spread over several floors and comprise three-bedders, four-bedders and penthouses. They are selling at $1,450 - $1,550 psf, one source said. Prices of lower-level units may even start from $1,380 psf.

According to Urban Redevelopment Authority data on caveats lodged, recent transactions of RiverGate units took place between $1,150 - $1,470 psf.

The seller of the apartments is believed to be fund manager Ferrell Asset Management. One of its funds, the Ferrell Premier Real Estate Investment Fund, had paid over $180 million for 100 units in 2005, bought in two separate tranches of 80 and 20 units.

Previous reports did not mention the per-square-foot price of the fund's units. When RiverGate was first launched in 2005, units were priced at $1,080 psf on average. That subsequently rose to $1,600 psf in the final phase of release in 2006.

Ferrell Premier Real Estate Investment Fund's website states that the fund invests in the 'high-yielding sector' of Singapore's property market.

'The objective of this sub-fund is to achieve returns of 10 - 15 per cent per annum through investments in properties with medium to long-term capital appreciation potential.'

BT understands that associates of Knight Frank and DTZ are marketing the units. Savills could also be marketing the units.

DKSG
08-06-09, 19:33
Are these Ferrell units all sold ?

YFG

bargain hunter
08-06-09, 21:09
you may want to call one of those agents who advertised (knight frank or savills) to check. the last time i heard from them, there were 4 units and 1 penthouse out of the 80+ units left.





Are these Ferrell units all sold ?

YFG

proud owner
27-07-09, 10:21
hello owners of Rivergate

so now that you have moved in .. what the honest opinion of the project .. ?

and owners who have rented out their units.. whats the true rental yield ??


would appreciate honest replies .. as i believe there are still people out there keen to buy RG

danke schon

qus
27-07-09, 21:53
4.50 psf for rental. is that good?

bargain hunter
28-07-09, 01:10
based on current price of 1500 to 1600psf, 4.50psf means net yield is 3+%? i guess not attractive enough for prices to go beyond 1600 currently?




4.50 psf for rental. is that good?

proud owner
28-07-09, 01:15
based on current price of 1500 to 1600psf, 4.50psf means net yield is 3+%? i guess not attractive enough for prices to go beyond 1600 currently?

seems spore is similar to NY ..prices fell 20 pct but rental fell 40 pct

just heard from my landlord .. 2 yrs ago, the unit i renting now (5k usd), he rented it out at 11k usd

will spore be the same in 2012/13 will majority of prop TOP ??

proud owner
28-07-09, 01:20
seems spore is similar to NY ..prices fell 20 pct but rental fell 40 pct

just heard from my landlord .. 2 yrs ago, the unit i renting now (5k usd), he rented it out at 11k usd

will spore be the same in 2012/13 will majority of prop TOP ??

i feel is that spore could be worst off..

prices UP rental down ..

yield will fall even more .. as it is now i believe some owners are renting out their units at par return, some at negative return ... hoping for capital appreciation ..

by the time it reaches the target , where will rental be ? if rental doesnt pick up .. who is going to be buying ?

with so many buyers now .. i just feel soon bank loan will also go up ..

teddybear
28-07-09, 08:43
If purchase price is $1500psf, then $4.50psf equates to 3.6% yield, not high but not low either, considering FD paying about 1% and loan interest rate only at 1.6% - Still have net gain after factoring in interest payment.


based on current price of 1500 to 1600psf, 4.50psf means net yield is 3+%? i guess not attractive enough for prices to go beyond 1600 currently?

Property_Owner
28-07-09, 09:30
i feel is that spore could be worst off..

prices UP rental down ..

yield will fall even more .. as it is now i believe some owners are renting out their units at par return, some at negative return ... hoping for capital appreciation ..

by the time it reaches the target , where will rental be ? if rental doesnt pick up .. who is going to be buying ?

with so many buyers now .. i just feel soon bank loan will also go up ..

Banks will soon be bz sending out letters to inform increase in interests rate. :doh:

bargain hunter
28-07-09, 09:56
hee, everyone buying now assumes economy recovered by then and can absorb this oversupply with lots of expats coming in but our own MM Lee had said it would take 5 years, maybe this theory of global consolidation of economies going sideways till 2013 is possible. that makes 2013 a great time to buy. :) i guess rentals already down 20% from peak so maybe "just" another 20% down when the TOP craze comes in 2013?





seems spore is similar to NY ..prices fell 20 pct but rental fell 40 pct

just heard from my landlord .. 2 yrs ago, the unit i renting now (5k usd), he rented it out at 11k usd

will spore be the same in 2012/13 will majority of prop TOP ??

bargain hunter
28-07-09, 10:07
you need to nett off maintenece, ppty and income taxes, did i leave out anything? after that becomes low 3% (what if bought at 1600psf as that is the current asking price) and when banks demand more margin on interest rate and/or SIBOR inches up the spread is even thinner. if sibor goes up a lot, siao liao...


If purchase price is $1500psf, then $4.50psf equates to 3.6% yield, not high but not low either, considering FD paying about 1% and loan interest rate only at 1.6% - Still have net gain after factoring in interest payment.

teddybear
28-07-09, 10:19
As rule of thumb, I usually take net yield to be 1% less than gross yield. Net yield of 2.6% vs bank interest of 1.6% still not bad at the moment. Regarding interest rate, advice is to lock-in to this low rate for the first year at least.


you need to nett off maintenece, ppty and income taxes, did i leave out anything? after that becomes low 3% (what if bought at 1600psf as that is the current asking price) and when banks demand more margin on interest rate and/or SIBOR inches up the spread is even thinner. if sibor goes up a lot, siao liao...

sumo22
28-07-09, 10:28
Hi Proud Owner,

Are you currently renting a unit at Rivergate? If so, may I know how much per mth? I heard from a friend that a landlord offered rent at S$5k for a 29th floor unit last weekend.. If this is true, wouldn't it be negative (poor) yield?

bargain hunter
28-07-09, 11:31
wow only 2.6% nett? i know that only first year can lock in at 1.6% right? by this comparison the risk is too high i feel, on average rates will easily be above 2% and with only 2.6% nett yield, i wouldn't go for it, stock market better :)


As rule of thumb, I usually take net yield to be 1% less than gross yield. Net yield of 2.6% vs bank interest of 1.6% still not bad at the moment. Regarding interest rate, advice is to lock-in to this low rate for the first year at least.

blackswan
28-07-09, 11:42
Believe that our bro here is using the Maybank package which is the lowest for the first year.

Its very dangerous to assume just for the first year.....very very dangerous for such investment on leverage.

teddybear
28-07-09, 12:37
You can go for the 1.99% fixed rate package being offered by DBS (not sure whether still on offer or not). If you can lock in for 3 years paying 1.99% while earning 2.6% nett (this is just a rule of thumb, could be higher depending on your income), you are not only earning now in terms of rent and also wait for capital appreciation. I would say it is good deal since 3 years down the road I expect prices to be higher than now when the economy growing robustly again with significant contributions from all existing sectors and also the additional gain from the 2 IRs, the cruise hub, the F1 etc. Don't forget we are now still in recession. It is only reasonable to expect that property prices when economy is roaring would definitely be higher than during recession. The only risk is deflation but deflation can be controlled by policies in Singapore due to the small size and tight fist of the govt (which is an advantage actually).


wow only 2.6% nett? i know that only first year can lock in at 1.6% right? by this comparison the risk is too high i feel, on average rates will easily be above 2% and with only 2.6% nett yield, i wouldn't go for it, stock market better :)

august
28-07-09, 13:41
wow only 2.6% nett? i know that only first year can lock in at 1.6% right? by this comparison the risk is too high i feel, on average rates will easily be above 2% and with only 2.6% nett yield, i wouldn't go for it, stock market better :)

all the banks average out is around 1.9 to 2%pa interests now for 3 yrs.. some 1st yr higher 2nd and 3rd yr lower and vice versa

Allthepies
30-07-09, 08:52
all the banks average out is around 1.9 to 2%pa interests now for 3 yrs.. some 1st yr higher 2nd and 3rd yr lower and vice versa

i was wondering if there'a a property bubble burst, will the bank interest goes up or down?

august
01-08-09, 20:49
i was wondering if there'a a property bubble burst, will the bank interest goes up or down?
pty bubble pooped could be due to many reasons but raising interest rates may kill any recovery ~






saw latest caveat hit 1.6k psf liao ~ :eek:

bargain hunter
01-08-09, 22:47
1600psf are actually done by units sold by capitaland (from the repossesed 10 over units). Now left one unit #05-04 and they have jacked up the price of that low floor unit to 1660psf! the usual phenomenon that buyers are willing to buy from developer at 1600 and above but the same result is much harder to achieve by individual sellers is still happening. puzzling but i guess a singaporean mentality. :)



pty bubble pooped could be due to many reasons but raising interest rates may kill any recovery ~






saw latest caveat hit 1.6k psf liao ~ :eek:

teddybear
01-08-09, 23:00
Not really true lah. It really depends on the particular condo. Received calls offering quite good price based on current market (above previous transacted price seen In URA) for my property but I am not selling.


1600psf are actually done by units sold by capitaland (from the repossesed 10 over units). Now left one unit #05-04 and they have jacked up the price of that low floor unit to 1660psf! the usual phenomenon that buyers are willing to buy from developer at 1600 and above but the same result is much harder to achieve by individual sellers is still happening. puzzling but i guess a singaporean mentality. :)

proud owner
10-08-09, 21:11
Not really true lah. It really depends on the particular condo. Received calls offering quite good price based on current market (above previous transacted price seen In URA) for my property but I am not selling.


i asked sometime ago ...if there was any Rivergate owners here, who have rented out their units..to give us an insight to its rental yield

sadly .. i/ we heard nothing ... either there isnt any owners here Or
they are too ashame to tell us what kind of price they paid, and what rental they collect

teddybear
10-08-09, 21:22
I would be very interested to know as well. (I am not owner of Rivergate).


i asked sometime ago ...if there was any Rivergate owners here, who have rented out their units..to give us an insight to its rental yield

sadly .. i/ we heard nothing ... either there isnt any owners here Or
they are too ashame to tell us what kind of price they paid, and what rental they collect

qus
10-08-09, 21:47
Didnt I say 4.50 psf? in the other thread?

qus
23-08-09, 00:26
hello owners of Rivergate

so now that you have moved in .. what the honest opinion of the project .. ?

and owners who have rented out their units.. whats the true rental yield ??


would appreciate honest replies .. as i believe there are still people out there keen to buy RG

danke schon

The car park is getting more cars as owners/tenants start moving in. honestlly I did not expect that fast. Did a rough count one of the nights and 120+ cars, incl 2 with diplomatic plates.

Generally very windy and i like my large size balcony. Good size to entertain friends over a bottle of wine at night or a cuppa at breakfast.

The mentioned low pressure of showers is actually not due to low pressure but because the proj is awarded the green mark gold plus award, all fittings are with water saving feature. All you need to do is to replace say the shower head and u r back to the flow you are used to.

rectification works has been done promptly and without fuss.

all in no regrets. the bigger dilema actually is what to do with the offers to buy. Not keen to sell. Just received an offer for a price that is above the july caveat prices (ignore the outliers)

proud owner
23-08-09, 01:41
The car park is getting more cars as owners/tenants start moving in. honestlly I did not expect that fast. Did a rough count one of the nights and 120+ cars, incl 2 with diplomatic plates.

Generally very windy and i like my large size balcony. Good size to entertain friends over a bottle of wine at night or a cuppa at breakfast.

The mentioned low pressure of showers is actually not due to low pressure but because the proj is awarded the green mark gold plus award, all fittings are with water saving feature. All you need to do is to replace say the shower head and u r back to the flow you are used to.

rectification works has been done promptly and without fuss.

all in no regrets. the bigger dilema actually is what to do with the offers to buy. Not keen to sell. Just received an offer for a price that is above the july caveat prices (ignore the outliers)


thats good to know as a home owner ..

any idea what those units thats tenanted... whats the general rental returns? cos i recall seeing 1500 sqft going at 6.5k ..which based on its purchased psf say 1100-1200 psf its not very attractive at all, for a nice project like RG

qus
23-08-09, 10:28
Really depends on the orientation of the units. And how desperate was the owner to lease out the units. I guess when you consider 545 units at TOP in March when there was not much visibility of economic recovery, the tendancy was to get it lease out asap and compete on price.

If you now see listings on property guru, there has been a dramatic drop in avail units for lease compared to say March.

Premium block like 97, 3Br is between 7500 - 8000 pm. And if you get stack 9 very high floor, rental can be good as very good views. 4Br is between 9500 - 10000 pm.

For block 99, the better 3Brs are in stack 12 and 11 (in that order) as they are facing the pool with river view. These 3Brs are between 7000 - 7500 pm.

For block 93, the lower yielding 3Brs are the ones that face Martin road. For that you need to get high floor units. The 4Brs that are facing the pool and river are also popular.

I guess if you were to get a good unit (either low to mid floor for pool/river view or very high floor for skyline views) spend a bit to dress up the unit, bid your time to get a corporate lease, you can get above average rental compared to other units, esp once there are less competing available units.

Hope that helps.

richardsng_era
07-10-09, 21:00
Dear all,

My clients from overseas are coming to Singapore on Mid October to invest in private residential properties. Rivergate is one of their choice condo.

Their requirements are as follows:

1) 2 bedrooms or smaller;
2) Regular shaped interior;
3) Attractive pricing;
4) Floor Plan required;
5) Interior photos provided will be wonderful

Call me at +65-92993342 or email property details including floor plan & interior pictures to [email protected] before Thursday, 8 Oct 2009 3pm.

Reporter
08-12-09, 13:29
Just curious.
Is stack 12 the "hotter" stack?

Rivergate
Address ................................. psf ................. Area ........... Price ............ Contract Date
99 Robertson Quay #22-15 ... $1,616 psf ..... 1,496 sqft ... $2,418,000 ...... 18 Nov 09
99 Robertson Quay #24-12 ... $1,709 psf ..... 1,539 sqft ... $2,630,000 ...... 10 Nov 09
97 Robertson Quay #30-06 ... $1,733 psf ..... 2,077 sqft ... $3,600,000 ..... 29 Oct 09
99 Robertson Quay #16-12.... $1,748 psf ..... 1,539 sqft ... $2,690,000 ....... 14 Oct 09
93 Robertson Quay #14-05.... $1,548 psf ..... 1,550 sqft ... $2,400,000 ....... 12 Oct 09
97 Robertson Quay #34-08 ... $1,901 psf 2,077 sqft ... $3,950,000 ....... 7 Oct 09
99 Robertson Quay #06-12 ... $1,700 psf ..... 1,539 sqft ... $2,616,000 ......... 7 Oct 09
99 Robertson Quay #21-16 ... $1,700 psf ..... 1,044 sqft ... $1,774,000 ...... 28 Sep 09
97 Robertson Quay #33-10 ... $1,800 psf .... 1,970 sqft ... $3,546,000 ...... 16 Sep 09
99 Robertson Quay #23-14 ... $1,711 psf ..... 1,023 sqft ... $1,750,000 ...... 14 Sep 09
99 Robertson Quay #14-13 ... $1,649 psf ..... 1,055 sqft ... $1,740,000 ........ 9 Sep 09
97 Robertson Quay #38-09 ... $1,800 psf .... 3,843 sqft ... $6,917,000 ..4 Sep 09

qus
08-12-09, 17:28
What about compared with Stack 2 and Stack 7?

All are the better inward pool & river facing stacks.

natsu
04-01-10, 11:05
Hi all,
Rivergate unit for sale.
High floor/Partial River View/Asking $2.56m (1650 psf)(neg)/1550 sqft/Tenanted till May 2011 at $5300 mthly.
Few mins drive to CBD and Orchard road.within walking distance to the nightlife of Mohamed Sultan, Riverside Point, Clark Quay and Boat Quay.
Somerset and expressways are located nearby which makes transportation convenient.

Please call 97288886(Binny) to view.

EBD
04-01-10, 18:22
Hi all,
Rivergate unit for sale.
High floor/Partial River View/Asking $2.56m (1650 psf)(neg)/1550 sqft/Tenanted till May 2011 at $5300 mthly.
Few mins drive to CBD and Orchard road.within walking distance to the nightlife of Mohamed Sultan, Riverside Point, Clark Quay and Boat Quay.
Somerset and expressways are located nearby which makes transportation convenient.

Please call 97288886(Binny) to view.

2.4% yield prior to property tax + management / sinking fund.
Real yield likely under 2%.

proud owner
04-01-10, 23:30
2.4% yield prior to property tax + management / sinking fund.
Real yield likely under 2%.


exactly ...

selling at 1650 psf ( $2.56 mio) with tenancy till May 2011 at ONLY $5300 a month ??

ahhaha

owner cannot tahan the negative carry ...

even if its a gain on paper for the current only .. who would want to buy with tenancy of only 5.3k a mth ?

owner would have to hold (stuck) till May 2011 before he can sell ... meanwhile take monthly loss lor ...

many similar cases in Rivergate and WaterMak ...

Reporter
12-01-10, 00:24
might be old facts, but i received a 1700 psf offer.
Are you letting go at that price?

qus
12-01-10, 19:11
No. Still very much enjoying the space, layout and location.

Reporter
12-01-10, 19:34
No. Still very much enjoying the space, layout and location.
Propertism ... that's the way!

Property_Owner
12-01-10, 19:45
Propertism ... that's the way!


i guess he will sell come one day, so i dun see Propertism in him

qus
12-01-10, 20:57
Sure, every property has an exit price. If it hits, it will be hard to resist.

jlrx
12-01-10, 21:50
Sure, every property has an exit price. If it hits, it will be hard to resist.

Then what are you going to do with all the cash if you sell a property?

I can't think of anything to buy with all the cash, other than another property.

proud owner
12-01-10, 21:56
Then what are you going to do with all the cash if you sell a property?

I can't think of anything to buy with all the cash, other than another property.

if i am retired .. then i might donate part of the money to charity ..

qus
13-01-10, 22:47
if i am retired .. then i might donate part of the money to charity ..

Donation to charity is admirable and good.

If I have more than my kids need, I dream of buying a plot of land and turning it into a public sculpture park for all to enjoy.

jlrx
13-01-10, 23:31
if i am retired .. then i might donate part of the money to charity ..

There you see! :p

That is another very good reason why we should believe in Propertism, and hold on to our properties, if our objective is to preserve rather than disburse wealth.

I've also thought before about what I would do with all the cash if I were to sell my properties, and concluded that I may end up spending them on wasteful things like these:


http://i305.photobucket.com/albums/nn211/jlrx_bucket/LamborghiniMurcielago.jpghttp://wapmaza.com/wallpapers/Concept%20Lamborghini.jpg
http://4.bp.blogspot.com/_IveFNaXc6Mo/SKLbtqbR9xI/AAAAAAAAC1g/eGFxW4DPkuY/s400/Lazzara-LSX-92-luxury-yacht.jpg

These are the only items I could think of, which need me to liquidate my properties.

Otherwise, even though I hold very little cash (like Mr. Jean-Marc Jacot), I definitely don't need to sell my properties in order to buy (as someone here suggested) instant noodles. :scared-4: :doh:


What are you talking abt ? This is basic of modern economics of value of money.. Money as a medium of exchange. This is not barter trade. if value is only = "properties" , can you buy a packet of noodles with your it.

How many packets of instant noodles can I buy if I liquidate one of my properties into cash? :confused:

http://img.alibaba.com/photo/104313001/Paldo_Instant_Noodle_Soups.jpg

proud owner
13-01-10, 23:40
Donation to charity is admirable and good.

If I have more than my kids need, I dream of buying a plot of land and turning it into a public sculpture park for all to enjoy.

i like that too ..


My friend's grand dad donated his land to build temple many moons ago.... today its still standing there ... at Lim Tai See

Reporter
16-01-10, 19:24
Just curious.
Is stack 12 the "hotter" stack?


Rivergate
Address ........................... psf ............... Area .......... Price .............. Contract Date
99 Robertson Quay #22-15 ... $1,616 psf ..... 1,496 sqft ... $2,418,000 ...... 18 Nov 09
99 Robertson Quay #24-12 ... $1,709 psf ..... 1,539 sqft ... $2,630,000 ...... 10 Nov 09
97 Robertson Quay #30-06 ... $1,733 psf ..... 2,077 sqft ... $3,600,000 ..... 29 Oct 09
99 Robertson Quay #16-12.... $1,748 psf ..... 1,539 sqft ... $2,690,000 ....... 14 Oct 09
93 Robertson Quay #14-05.... $1,548 psf ..... 1,550 sqft ... $2,400,000 ....... 12 Oct 09
97 Robertson Quay #34-08 ... $1,901 psf . 2,077 sqft .. $3,950,000 ....... 7 Oct 09
99 Robertson Quay #06-12 ... $1,700 psf ..... 1,539 sqft .. $2,616,000 ......... 7 Oct 09
99 Robertson Quay #21-16 ... $1,700 psf ..... 1,044 sqft ... $1,774,000 ...... 28 Sep 09
97 Robertson Quay #33-10 ... $1,800 psf .... 1,970 sqft ... $3,546,000 ...... 16 Sep 09
99 Robertson Quay #23-14 ... $1,711 psf ..... 1,023 sqft ... $1,750,000 ...... 14 Sep 09
99 Robertson Quay #14-13 ... $1,649 psf ..... 1,055 sqft ... $1,740,000 ........ 9 Sep 09
97 Robertson Quay #38-09 ... $1,800 psf .... 3,843 sqft .. $6,917,000 ... 4 Sep 09
Err ... $1,901 psf is so yersterday. It's now $1,909 psf.


Rivergate
Address ........................... psf ............... Area .......... Price .............. Contract Date
97 Robertson Quay #28-09 ... $1,909 psf .... 1,711 sqft .... $3,268,000 ...... 23 Dec 09

Reporter
05-03-10, 17:44
Err ... $1,901 psf is so yersterday. It's now $1,909 psf.

..........
..........Hey! $1,909 psf is also so yesterday. It's now $1,911 psf.


Rivergate
Address ........................... psf ............... Area .......... Price .............. Contract Date
93 Robertson Quay #34-01 ... $1,911 psf .... 1,798 sqft .... $3,436,000 ...... 17 Feb 10

Reporter
13-04-10, 23:00
1 month later, Rivergate's figure is now $1,968 psf.


Rivergate
Address ........................... psf ............... Area .......... Price .............. Contract Date
97 Robertson Quay #39-08 ... $1,968 psf .... 2,077 sqft .... $4,088,000 ...... 30 Mar 10

dormer
26-07-10, 10:54
I have a interest to purchase a 2 bedders at Rivergate which is either stack 13, 14 or 16. Anybody here know which stack is better?

Komo
26-07-10, 23:28
if i am retired .. then i might donate part of the money to charity ..

...many unfortunate children need helps....

dormer
27-07-10, 18:51
I asked opinion for 2 bedders in RG in my previous post & somebody here brought out other thing like "many unfortunate children need helps":doh: Is district 9 thread really so quiet? Can I invest in district 9 now?:scared-1:

teddybear
27-07-10, 20:04
Why choose RG? What is so good about RG? So many units like mass market condo, quality so-so. Location wise also not that good (except going to pub - but security at the shops side may be an issue), so far from MRT station.


I asked opinion for 2 bedders in RG in my previous post & somebody here brought out other thing like "many unfortunate children need helps":doh: Is district 9 thread really so quiet? Can I invest in district 9 now?:scared-1:

dormer
27-07-10, 20:42
Why choose RG? What is so good about RG? So many units like mass market condo, quality so-so. Location wise also not that good (except going to pub - but security at the shops side may be an issue), so far from MRT station.
RG is very closed to my workplace n I can walk to work everyday. The other reason is the biggest land size n tallest condo in that area that I liked about RG.

teddybear
27-07-10, 20:53
Big land size but also 1 of the biggest number of units in any condo estate. Well, if close to your workplace then suitable for you, but what about your spouse, your kids? Have to walk so far to their work/school just to take MRT?


RG is very closed to my workplace n I can walk to work everyday. The other reason is the biggest land size n tallest condo in that area that I liked about RG.

dormer
27-07-10, 21:31
Big land size but also 1 of the biggest number of units in any condo estate. Well, if close to your workplace then suitable for you, but what about your spouse, your kids? Have to walk so far to their work/school just to take MRT?
Yes, I know but I like big project. No need for my wife n child to take MRT so no concern.

qwertyuiop
28-07-10, 08:13
For own stay or investment?


I have a interest to purchase a 2 bedders at Rivergate which is either stack 13, 14 or 16. Anybody here know which stack is better?

devilplate
28-07-10, 10:33
looks like its for own stay....he work nearby mah....overall nice project...visited once when they just TOP...i rmb high flr 2bedder asking ard 1700psf at tat time...considered quite high at tat time (might as well buy smthing nearer to somerset)

the prices in RG breached 2000psf!!!! even hit 2150psf for 24th flr!!:scared-1:

99 Robertson Quay #24-13
Freehold
$2150
1044
$2244k
09 Jul 10
99 Robertson Quay #34-14
Freehold
$2101
1023
$2148k
09 Jul 10
99 Robertson Quay #29-14
Freehold
$2151
1023
$2199k
09 Jul 10

devilplate
28-07-10, 10:43
my advice to u is to look at those projects nearer to somerset since u got such a high budget

The metz, suites @ central or even subsale one devonshire....2bedder ard 2-2.5kpsf +-...got NTUC nearby...5mins hit centrepoint and much more to offer.:D :D :D (haizzz, making me regret not to get a unit at suites@central last yr....super firesale:( )

definitely better value den RG currently....happy hunting

amk
28-07-10, 12:34
... making me regret not to get a unit at suites@central last yr....super firesale:(..

... making me regret not to get a unit in RG last year, when that Lippo fund offload 100 units at $1300/$1400ish. I still have that list of units with prices on my desk!

teddybear
28-07-10, 12:44
Lippo must have regreted selling at that time! The list I saw mostly $1400+ to 1700+ psf. $1300+ psf for low floor poorer facing units? Anyway, given a choice, I would pay more to get those around Ochard MRT and Somerset MRT area which is near to happening places and with lots more amenities than RG considering the high price of it now (unless the person is one of those special case who can walk to work from RG and spouse and kids don't need to take public transport and don't go shopping/ other activities...). :D


... making me regret not to get a unit in RG last year, when that Lippo fund offload 100 units at $1300/$1400ish. I still have that list of units with prices on my desk!

qwertyuiop
28-07-10, 13:09
For own stay, it really depends on your priorities. Public transport may be a problem now till the thomson mrt line is up. But the space is nice, which the surrounding dev can't offer.

Stack 13,14: River view, Sentosa IR (or port view) for high floors (you can view the fireworks while watching tv)

Stack 16: City view, S'pore flyer (for high floors).

Best layout: Stack 14

My 2cents

devilplate
28-07-10, 13:21
For own stay, it really depends on your priorities. Public transport may be a problem now till the thomson mrt line is up. But the space is nice, which the surrounding dev can't offer.

Stack 13,14: River view, Sentosa IR (or port view) for high floors (you can view the fireworks while watching tv)

Stack 16: City view, S'pore flyer (for high floors).

Best layout: Stack 14

My 2cents

u got ur point too

those i mentioned nearer to somerset do not have much views even for the high flrs...except the metz(tats y the metz command the highest psf)

but seriously, i still believe ppty is all about location location location den followed by other stuff like view, space etc:D

cashrich
28-07-10, 13:24
Lippo must have regreted selling at that time! The list I saw mostly $1400+ to 1700+ psf. $1300+ psf for low floor poorer facing units? Anyway, given a choice, I would pay more to get those around Ochard MRT and Somerset MRT area which is near to happening places and with lots more amenities than RG considering the high price of it now (unless the person is one of those special case who can walk to work from RG and spouse and kids don't need to take public transport and don't go shopping/ other activities...). :D

haha... he might as well get a studio for his own use.

House his family at a better location lah.

qwertyuiop
28-07-10, 13:38
Agree with the locationx3. :)


u got ur point too

those i mentioned nearer to somerset do not have much views even for the high flrs...except the metz(tats y the metz command the highest psf)

but seriously, i still believe ppty is all about location location location den followed by other stuff like view, space etc:D

dormer
28-07-10, 18:44
Wow! Suddenly this thread become active. TQ very much for all your input.:)

Some here think that RG location is not ideal comparing to project around devonshire. However, I still set my mind in RG becos it is uniquely located along river, resort feels, spacious, tall.

Neh! Not devonshire projects for me. They are too close to each other with no view & land size is too small although closer to MRT.

1 forumer here think that I don't like shopping & RG is not accessable to public transport & shopping centre which I find it strange since Greatworld city shopping centre & bus stop is just a stone throw away.

The other unique point is that I can take the rivertaxi from Grand Copthorne Hotel to access different spot along Singapore river.

In regards to the best layout of 2 bedders in RG, I think as long as the balcony is at the living hall not at the bedroom should be the best. For Facing wise, I still prefer river facing unit like stack 13 or 14.

devilplate
28-07-10, 18:52
since u oredi make up ur mind....y bother to ask for 2nd opinion in the first place:beats-me-man:

dormer
28-07-10, 19:41
since u oredi make up ur mind....y bother to ask for 2nd opinion in the first place:beats-me-man:
Please check my first posting about RG that I actually only asking opinion about best stack of 2 bedders in RG.

Then this thread suddenly become active n drifting away from my questions. Of course, I am very happy to take in other opinions from all forumer here. TQ very much again. Anything wrong with that?

fiat500
28-07-10, 19:55
Please check my first posting about RG that I actually only asking opinion about best stack of 2 bedders in RG.

Then this thread suddenly become active n drifting away from my questions. Of course, I am very happy to take in other opinions from all forumer here. TQ very much again. Anything wrong with that?
if u cant find a good unit @ rivergate,u might wana consider newton suites. its a beautiful project located just beside goldhill square n mrt is just across the road. price range is around 1800psf+-.
amenities wise,rivergate cant be compared to newton suites...:spliff:

lancelot
28-07-10, 20:47
Rivergate is a nice project. If you are bent on the river facing units, do bear in mind that you may get the occasional stench from the river. I think someone mentioned earlier that he got a whiff when he visited a friend. His unit was fairly high up and so he found that surprising. I agree that some of the responses were really off the mark. Like for example why hawk Newton Suites when it's already clear the buyer likes Rivergate as its near enough for him to walk to work? Are you trying to say both developments are in the same neighbourhood?

teddybear
28-07-10, 21:02
I saw a unit on the 30+ storey and still can smell very strong stench (not just a a whiff) from the river! Terrible! Location wise not as good as others in the same price range.


Rivergate is a nice project. If you are bent on the river facing units, do bear in mind that you may get the occasional stench from the river. I think someone mentioned earlier that he got a whiff when he visited a friend. His unit was fairly high up and so he found that surprising. I agree that some of the responses were really off the mark. Like for example why hawk Newton Suites when it's already clear the buyer likes Rivergate as its near enough for him to walk to work? Are you trying to say both developments are in the same neighbourhood?

qwertyuiop
28-07-10, 21:04
You may want to take a look at the living and dining rooms layout for the stacks 13 (same as stack 16) and 14. Stack 14 has semi/full length windows (river-facing) for both living and dining rooms whereas stack 13 has windows in the living room only and none in the dining room, making stack 14s much brighter units.

Best is to view both stacks to see the difference. :)


Wow! Suddenly this thread become active. TQ very much for all your input.:)

Some here think that RG location is not ideal comparing to project around devonshire. However, I still set my mind in RG becos it is uniquely located along river, resort feels, spacious, tall.

Neh! Not devonshire projects for me. They are too close to each other with no view & land size is too small although closer to MRT.

1 forumer here think that I don't like shopping & RG is not accessable to public transport & shopping centre which I find it strange since Greatworld city shopping centre & bus stop is just a stone throw away.

The other unique point is that I can take the rivertaxi from Grand Copthorne Hotel to access different spot along Singapore river.

In regards to the best layout of 2 bedders in RG, I think as long as the balcony is at the living hall not at the bedroom should be the best. For Facing wise, I still prefer river facing unit like stack 13 or 14.

qwertyuiop
28-07-10, 21:11
So far, I have not smelt any river stench from my unit (river facing, >30 floor) but the river does look unsightly (muddy) after every rain. :)


I saw a unit on the 30+ storey and still can smell very strong stench (not just a a whiff) from the river! Terrible! Location wise not as good as others in the same price range.

dormer
28-07-10, 21:25
You may want to take a look at the living and dining rooms layout for the stacks 13 (same as stack 16) and 14. Stack 14 has semi/full length windows (river-facing) for both living and dining rooms whereas stack 13 has windows in the living room only and none in the dining room, making stack 14s much brighter units.

Best is to view both stacks to see the difference. :)
Thank you very much for yr useful tips. I will see both stack to compare.

qwertyuiop
28-07-10, 21:33
You will get west sun for stacks 13/14 though.

teddybear
28-07-10, 21:34
Either you on air-con all day or you are out most of the time? I just go there to view only once and already experience that. Imagine if I am going to live there all day long? :doh:


So far, I have not smelt any river stench from my unit (river facing, >30 floor) but the river does look unsightly (muddy) after every rain. :)

qwertyuiop
28-07-10, 21:43
I don't on the aircon most of the time and I'm back by 6pm. I love to open the windows to enjoy the breeze once i'm back. I don't experience the stench, seriously, not even when I jog along the river. :)


Either you on air-con all day or you are out most of the time? I just go there to view only once and already experience that. Imagine if I am going to live there all day long? :doh:

dormer
28-07-10, 22:42
I don't on the aircon most of the time and I'm back by 6pm. I love to open the windows to enjoy the breeze once i'm back. I don't experience the stench, seriously, not even when I jog along the river. :)
Hi qwertyuiop! Since u r a residence there, I believe that u r the right person here to provide good informations.

I will make appointment this weekends to view some 2 bedders units in RG. Who know that we might be neighbour?:)

fiat500
29-07-10, 03:40
Rivergate is a nice project. If you are bent on the river facing units, do bear in mind that you may get the occasional stench from the river. I think someone mentioned earlier that he got a whiff when he visited a friend. His unit was fairly high up and so he found that surprising. I agree that some of the responses were really off the mark. Like for example why hawk Newton Suites when it's already clear the buyer likes Rivergate as its near enough for him to walk to work? Are you trying to say both developments are in the same neighbourhood?
take it easy bro! just suggesting an alternative for him,not promotong or hawking any condos here..
its up to me what i wish to say:spliff:

teddybear
29-07-10, 07:50
Probably you are used to it. People can slowly get used to things around them, just like the rubbish dump workers won't feel the stench in the rubbish dump and don't need to cover their nose. (Sorry for being frank). :o


I don't on the aircon most of the time and I'm back by 6pm. I love to open the windows to enjoy the breeze once i'm back. I don't experience the stench, seriously, not even when I jog along the river. :)

qwertyuiop
29-07-10, 08:00
Cheers mate! If you need any info, feel free to pm me. I'm more than happy to share my honest opininons (pros and cons). I'm not sure if other(s) have hidden agenda? Truth prevails :)


Hi qwertyuiop! Since u r a residence there, I believe that u r the right person here to provide good informations.

I will make appointment this weekends to view some 2 bedders units in RG. Who know that we might be neighbour?:)

eleong
29-07-10, 12:01
I saw a unit on the 30+ storey and still can smell very strong stench (not just a a whiff) from the river! Terrible! Location wise not as good as others in the same price range.

You sure it's not a smell coming from within the unit? If you've walked along the river at robertson quay or clarke quay, I'm sure there's no stench other then the stench of food and booze.

By the way, in about a year or 2, the water from the "river" will be our drinking water, so I really hope you're wrong about the stench.

teddybear
29-07-10, 21:43
The unit I viewed was vacant, newly TOPed.
Well, the stench is there now for sure. You can only hope that they clean up the river and hopefully the stench will disappear.


You sure it's not a smell coming from within the unit? If you've walked along the river at robertson quay or clarke quay, I'm sure there's no stench other then the stench of food and booze.

By the way, in about a year or 2, the water from the "river" will be our drinking water, so I really hope you're wrong about the stench.

dormer
29-07-10, 22:20
The unit I viewed was vacant, newly TOPed.
Well, the stench is there now for sure. You can only hope that they clean up the river and hopefully the stench will disappear.
"the stench is there now for sure"?

What make u so sure? Did u go there to check the stench frequently? Even the RG resident who posted earlier did not experience it from his unit n jogging along the river.

Anyway I will check it out this weekends during viewing.

land118
29-07-10, 23:59
"the stench is there now for sure"?

What make u so sure? Did u go there to check the stench frequently? Even the RG resident who posted earlier did not experience it from his unit n jogging along the river.

Anyway I will check it out this weekends during viewing.

Am new to this post, but quite interesting about the stench. Was interested in this project during launch, but din buy, regret miss the boat.

Was involved in Singapore river dredging some 20 yrs ago. Maybe check the tides timing. Go during low tide. Wind also play a factor. If still have stench, complaint Government, maybe ENV, perhaps Garment can relook into riverbed or re-dredging again.

That place so prime, am sure if have stench, not only u will notice...

Just some thoughts

qwertyuiop
30-07-10, 08:16
Well, lets give him the benefit of doubt as everyone has differing olfactory threshold. But apparently, this 'stench', whether it exists or not, does not deter the countless joggers and patrons for the string of eateries along the robertson quay and waterfront hotels.

RG is certainly the largest, spacious and tallest development that is by the S'pore river. Some may not like it? You may want to view the neighbouring apartments as well eg watermark, robertson blue if you really like river view but prefer smaller and cosier ones. The maintenance fee does differ quite a lot for similar size units though.

Happy hse hunting! :)



"the stench is there now for sure"?

What make u so sure? Did u go there to check the stench frequently? Even the RG resident who posted earlier did not experience it from his unit n jogging along the river.

Anyway I will check it out this weekends during viewing.

cashrich
30-07-10, 08:30
Well, lets give him the benefit of doubt as everyone has differing olfactory threshold. But apparently, this 'stench', whether it exists or not, does not deter the countless joggers and patrons for the string of eateries along the robertson quay and waterfront hotels.

RG is certainly the largest, spacious and tallest development that is by the S'pore river. Some may not like it? You may want to view the neighbouring apartments as well eg watermark, robertson blue if you really like river view but prefer smaller and cosier ones. The maintenance fee does differ quite a lot for similar size units though.

Happy hse hunting! :)

hahah the smell.... go to jurong lake and you can smell...

the river is not that bad lah... cleared up ages ago and at most blast air con lor...

if river bad... then Dakota area Geyland River and all those kanna...

common... say something more meaningful

devilplate
30-07-10, 10:26
if really got serious river stench...prices will not up from 1600psf to 2100psf....

teddybear
30-07-10, 11:48
Reasons:
1) Many buyers don't buy to stay but to rent out or to flip (can't be bothered, may not even see the unit themselves, all transaction sealed by agents)
2) If you on air-con 24 hours a day then also no problem with the stench. (I prefer natural air).
3) Low tide then have strong stench, high tide minimal stench.


if really got serious river stench...prices will not up from 1600psf to 2100psf....

devilplate
30-07-10, 11:58
Reasons:
1) Many buyers don't buy to stay but to rent out or to flip (can't be bothered, may not even see the unit themselves, all transaction sealed by agents)
2) If you on air-con 24 hours a day then also no problem with the stench. (I prefer natural air).
3) Low tide then have strong stench, high tide minimal stench.

no leh!! b4 i bot WB...i recce many times (i am like camping myself there)...during raining...sunny..high tide and low tide...only high tide can smell abit of funny stuff....low tide smells damn goodie

anyway, do actual groundwork urself BEST...i dun trust hearsay especially agts!(not refering to u)

teddybear
30-07-10, 13:59
Why I just visited 1 unit and smell the bad stench?
If I just visited once got smell, sure must have smell (Heaven is with me! :)).
Probably you got the wrong timing? :D
Imagine when I want to sell and the deep pocket buyer smells the bad stench (just like me)? Like that can sell mah? (not to mention good price?).


no leh!! b4 i bot WB...i recce many times (i am like camping myself there)...during raining...sunny..high tide and low tide...only high tide can smell abit of funny stuff....low tide smells damn goodie

anyway, do actual groundwork urself BEST...i dun trust hearsay especially agts!(not refering to u)

wongkeong
30-07-10, 15:27
singapore river no more affect by tidal with the installation of marina barrage.

devilplate
30-07-10, 17:08
Why I just visited 1 unit and smell the bad stench?
If I just visited once got smell, sure must have smell (Heaven is with me! :)).
Probably you got the wrong timing? :D
Imagine when I want to sell and the deep pocket buyer smells the bad stench (just like me)? Like that can sell mah? (not to mention good price?).

u refering to waterbank? i nvr camp at RG...been there few times..walk along the river...nvr smell anything unusual...abit of saltwater...mud water smell...not pang sai smell or pang jioo smell definitely:D

for WB...mabe heaven's will...i camp there few days to test out all different conditions...only high tide got the mud water smell...BUT low tide definitely no smell at all unless u can say my nose got problem....or rather ur nose got problem:D

devilplate
30-07-10, 17:10
anyway...no point arguing got smell or no smell...so many other ppty...dun like facing water/river/sea/longkang....buy elsewhr deeper inland

END OF STORY:cheers6:

cashrich
30-07-10, 17:22
haha.... some inland near incinerators also got smell.. pandan area

centris laggi better... got chocolate smell....

in little india also got smell

how?

singapore river not that bad lah.. scared of smell... stay high high up in the sky... sure no smell but got wind!

lancelot
30-07-10, 17:57
take it easy bro! just suggesting an alternative for him,not promotong or hawking any condos here..
its up to me what i wish to say:spliff:

Yes, but an alternative has to be similar to what the buyer wants, ie, distance to his office. Someone said Robertson 100. That's a viable alternative. But Newton?? Reminds me of Tanumy who is fond of saying. Why buy here? Buy DBR is the best :doh:

dormer
30-07-10, 20:36
Why I just visited 1 unit and smell the bad stench?
If I just visited once got smell, sure must have smell (Heaven is with me! :)).
Probably you got the wrong timing? :D
Imagine when I want to sell and the deep pocket buyer smells the bad stench (just like me)? Like that can sell mah? (not to mention good price?).
Wah Lao! Still at the stench topic.

That mean when I view RG this weekends, can ask seller for discount if got stench and cannot ask if don't have?

Don't deviate more n more leh. This thread become busy again just becos I want to know only opinion about 2 bedders in RG. :D

teddybear
30-07-10, 23:30
Your asking reminds me of the terrible stench at RG >30 storey mah. You didn't ask I would have forgotten already. :p


Wah Lao! Still at the stench topic.

That mean when I view RG this weekends, can ask seller for discount if got stench and cannot ask if don't have?

Don't deviate more n more leh. This thread become busy again just becos I want to know only opinion about 2 bedders in RG. :D

fiat500
01-08-10, 01:55
Yes, but an alternative has to be similar to what the buyer wants, ie, distance to his office. Someone said Robertson 100. That's a viable alternative. But Newton?? Reminds me of Tanumy who is fond of saying. Why buy here? Buy DBR is the best :doh:
ok ok,u win bro..happy? :p
will let u have the last say. :cheers6:

qus
03-08-10, 00:02
I stay at RG, with river view, no smell, even with the recent heavy downpours.

devilplate
03-08-10, 00:47
den perhaps bear more sensitive to smell:beats-me-man:

proud owner
03-08-10, 01:03
den perhaps bear more sensitive to smell:beats-me-man:

maybe it came from somewhere else and not the river

devilplate
03-08-10, 01:17
yo proud,

just realised stoxx50 up nrly 3%!!!

market so damn bullish ar? or another dead cat bounce rally?:scared-5:

proud owner
03-08-10, 02:10
yo proud,

just realised stoxx50 up nrly 3%!!!

market so damn bullish ar? or another dead cat bounce rally?:scared-5:

prolonged low usd interest rates ..

oil up

blackjack21trader
21-08-10, 09:37
Recent satellite images in July and August shown a surge in trucking around the world.

In the US, there is a huge shortage in trucking drivers during August. Their pay have been increasing many folds since July.


I hope u guys haven't sold ur properties yet.

:tsk-tsk:


神龙股侠。

blackjack21trader
21-08-10, 10:31
http://i155.photobucket.com/albums/s297/blackjack21trader/Public/21-8-201010-24-24AM.png

http://i155.photobucket.com/albums/s297/blackjack21trader/Public/21-8-201010-21-21AM.png


http://i155.photobucket.com/albums/s297/blackjack21trader/Public/21-8-201010-18-16AM.png


http://i155.photobucket.com/albums/s297/blackjack21trader/Public/21-8-201010-14-53AM.png




神龙股侠。


Disclaimers: Use my opinions at your own risks, Do ur own DD.

cashrich
21-08-10, 22:04
off topic dude...

what has trucking so far away anything to do with Rivergate?

Might as well say end of the world is near as north/south korea going to have a nuclear war soon due to increase in radioactivity... WTF!

blackjack21trader
22-08-10, 07:53
off topic dude...

what has trucking so far away anything to do with Rivergate?

Might as well say end of the world is near as north/south korea going to have a nuclear war soon due to increase in radioactivity... WTF!

No it is NOT off topic. If you sold RiverGate now, you will regret next year. Because trucking shown a pickup in economy....,dude.

sleek
22-08-10, 11:01
Anyone works overlooking the PSA Ports? That's also another indicators of the economy if you see more cranes down than up. :D

cashrich
03-09-10, 16:54
Anyone works overlooking the PSA Ports? That's also another indicators of the economy if you see more cranes down than up. :D

Don look at ships... no no no..

Look at people coming to Singapore by AEROPLANE and losing money at Casino here. More people lose money means economy is better. This is because they have the money to lose.

wongkeong
03-09-10, 17:15
if rivergate crash 20%..will buy. was regretted to miss the boat last time.

Condorich
03-09-10, 18:14
if rivergate crash 20%..will buy. was regretted to miss the boat last time.

Don't really think it will.. But firesales may come up once in a while.

Komo
04-09-10, 02:06
anything with "gate" sure suay one...bet there will be firesales here...:D

Teana
17-06-11, 22:49
Record $2,262 psf resale in June.

kingkong1984
18-06-11, 03:25
Record $2,262 psf resale in June.
Highest record maybe... Look for those done after elections.

DaytonaSS
18-06-11, 09:36
anything with "gate" sure suay one...bet there will be firesales here...:D

The boat left Liao!!!! Wait for it to come back lor

Latio
22-04-12, 16:37
I notice tis is a big FH project in central town wi lots of space. Even their B2 carpark is luxurious... Is tis project good? Fengshui good or bad since it has a 'Gate' n next to Singapore River ??

DaytonaSS
22-04-12, 22:15
I notice tis is a big FH project in central town wi lots of space. Even their B2 carpark is luxurious... Is tis project good? Fengshui good or bad since it has a 'Gate' n next to Singapore River ??

yo dont u call a agent n do some viewing then share your view?

propertychap
23-04-12, 17:12
seems like Capitaland builds all iconic projects in Singapore. So buy their projects at the right time sure make money?

starrynight
24-04-12, 10:53
I love this project! I've seen quite a few developments in D9 and D10, and still like this the most.

Ample parking space. Blk 99 does not have access to the underground car park though


I notice tis is a big FH project in central town wi lots of space. Even their B2 carpark is luxurious... Is tis project good? Fengshui good or bad since it has a 'Gate' n next to Singapore River ??

panamera
24-04-12, 22:29
I love this project! I've seen quite a few developments in D9 and D10, and still like this the most.

Ample parking space. Blk 99 does not have access to the underground car park though

All the 3 blocks have access to the B1 car park. Yes, more than enough space and most park with no car besides them.

Easy to rent out given demand from expats with families.

starrynight
04-02-13, 19:15
Finally bit the bullet and bought a unit the weekend after CM7 was announced.

Adding some photos for reference, since I don't see any recent photos.

http://farm9.staticflickr.com/8081/8443564463_80372e8596_b.jpg


http://farm9.staticflickr.com/8220/8444655316_38f972149a_b.jpg

http://farm9.staticflickr.com/8080/8443565401_f017214cc3_b.jpg

starrynight
04-02-13, 19:16
Common area:

http://farm9.staticflickr.com/8075/8443575869_623455c56a_c.jpg

http://farm9.staticflickr.com/8077/8443576369_14002d6173_c.jpg

sherlock
04-02-13, 19:19
Congrats!!

This is one devt I regretted most :banghead: I was offered a unit on the 8th flr back in 2009... for $1200 psf to close. :beats-me-man:

starrynight
04-02-13, 19:19
Typical sky garden (not roof garden)
http://farm9.staticflickr.com/8365/8443576939_52d30fec38_c.jpg

Rooftop garden on 41st floor
http://farm9.staticflickr.com/8359/8444659002_68f8b8fe2b_c.jpg

Sky gym on 34th floor of Blk 99
http://farm9.staticflickr.com/8045/8444667500_b04bf3a8e5_c.jpg

starrynight
04-02-13, 19:20
Thanks! I hope I made the right decision :)

Yes, $1200 psf would have been a super slam dunk! :D


Congrats!!

This is one devt I regretted most :banghead: I was offered a unit on the 8th flr back in 2009... for $1200 psf to close. :beats-me-man:

sherlock
04-02-13, 19:23
Thanks! I hope I made the right decision :)

Yes, $1200 psf would have been a super slam dunk! :D

Life is such right? You win some you lose some.

Its a good devt anyway so ENJOY!!

starrynight
04-02-13, 19:24
NEE view from my unit
http://farm9.staticflickr.com/8372/8444664196_087250bcaa_c.jpg

Close-up
http://farm9.staticflickr.com/8225/8443566623_a98a37eac9_b.jpg

South view from 42th floor (not my unit :p)
http://farm9.staticflickr.com/8215/8443566259_fa815a2f75_b.jpg

starrynight
04-02-13, 19:27
I must say I like the bathroom
http://farm9.staticflickr.com/8500/8444664906_6618df54e0_z.jpg

Anyone knows what the glass thingy on the wall is for? :)
http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

ekl2ekl2
04-02-13, 19:28
Congrats. Nice photos. Your unit facing looks the best.
Good development. However, somehow not impressed with the river view though.

Puzzled why you bought after CM7 and not wait a while.
Own stay should be OK

starrynight
04-02-13, 19:29
Kitchen is a bit under-whelming
http://farm9.staticflickr.com/8329/8443575429_04dffc28cd_z.jpg

http://farm9.staticflickr.com/8470/8444665566_aeff0e2a3c_z.jpg

http://farm9.staticflickr.com/8370/8444665340_f6cca17e18_z.jpg

starrynight
04-02-13, 19:30
Living room - I realised some units have white marble floor tiles, but no one has been able to tell me why. Did the original buyers pay extra for this? The seller's agent said that the original buyers could choose, but I don't see why any buyer would choose homogeneous tiles over marble.
http://farm9.staticflickr.com/8377/8443577479_5dee285757_b.jpg

Smaller bedroom
http://farm9.staticflickr.com/8196/8444665148_5facbeaea2_b.jpg

starrynight
04-02-13, 19:35
Thanks. Yes, I think this is the best view for the 2-bedders. The views from Stack 5 (3 bedders) would even better.

Re CM7: well, I saw this unit and really really liked it. 1 of the top floors for 2 bedders, with the sky gym and sky garden on the same floor, so my heart overruled my head :)


Congrats. Nice photos. Your unit facing looks the best.
Good development. However, somehow not impressed with the river view though.

Puzzled why you bought after CM7 and not wait a while.
Own stay should be OK

starrynight
04-02-13, 19:38
If anyone wants more photos, lemme know and I'll try to see if I have them. Might make another trip there this weekend.

leesg123
04-02-13, 19:45
Congrats! U are really loaded man!

starrynight
04-02-13, 19:51
No lah, I sold my earlier property in 2012, and thus have the full benefits of (re)buying a first property. Also, am moving overseas for 2 or 3 years, so thought I'd take the risk of earning rent versus possible / likely further drop in prices.


Congrats! U are really loaded man!

toiletsiao
04-02-13, 19:57
congrats congrats starry... lol

swee swee :cheers1:

august
04-02-13, 20:00
haha i remember in '09 some of us were talking in this forum waiting for the price to drop to 1,000 psf. :o

kane
04-02-13, 20:03
Nice buy. Hope you got a decent price for it.

starrynight
04-02-13, 20:09
Thanks all. Who knows where the prices will go? As my old man said, at the most, take a $500k hit at some point, but should recover and more than make back in a 20 year time horizon...

If it does drop to $1200psf, I'll buy 1 more and stay in it myself :D

kane
04-02-13, 20:12
Freehold, town area and good size compound. It's a good buy.

starrynight
04-02-13, 20:16
Freehold, town area and good size compound. It's a good buy.

Thanks Kane. More stray photos which "escaped" the first time round :)

http://farm9.staticflickr.com/8074/8443704021_03b2124bf4_z.jpg

http://farm9.staticflickr.com/8096/8443702829_8802356a15_z.jpg

http://farm9.staticflickr.com/8091/8444792884_bf583ab0df_z.jpg

flxcat
04-02-13, 20:18
Starrynight,

Congrats this is one of the project I love too but Pocket not deep enough :D

Very lovely view from your unit. Cheers!

starrynight
04-02-13, 20:23
Thanks! All the best for your ppty investments :)


Starrynight,

Congrats this is one of the project I love too but Pocket not deep enough :D

Very lovely view from your unit. Cheers!

Laguna
04-02-13, 21:20
BIG CONGRATS

This is on my buy list
my gal visited her friend at the penthouse, and eyeing at it for so long.

I will pay a visit

ekl2ekl2
04-02-13, 21:26
Thanks. Yes, I think this is the best view for the 2-bedders. The views from Stack 5 (3 bedders) would even better.

Re CM7: well, I saw this unit and really really liked it. 1 of the top floors for 2 bedders, with the sky gym and sky garden on the same floor, so my heart overruled my head :)


Rental for 2 bedder high floor easily >6k

Yield at current prices around 3% only though.

Keep for 20 years for something you like and have the means for in a wonderful devpt, won't go wrong.

puffer_fish
04-02-13, 21:27
Thanks all. Who knows where the prices will go? As my old man said, at the most, take a $500k hit at some point, but should recover and more than make back in a 20 year time horizon...

If it does drop to $1200psf, I'll buy 1 more and stay in it myself :D


congrats man:D ......wanted to buy one unit too but decided an estate down the road.... again surperb choice, my favourite too:cheers5:

ekl2ekl2
04-02-13, 21:29
If anyone wants more photos, lemme know and I'll try to see if I have them. Might make another trip there this weekend.

Keep the photos coming, the landscape, common areas and another 360 vie from the sky garden.

starrynight
04-02-13, 21:45
BIG CONGRATS

This is on my buy list
my gal visited her friend at the penthouse, and eyeing at it for so long.

I will pay a visit

Thanks! I hope we can be neighbours in the near future :D


Rental for 2 bedder high floor easily >6k

Yield at current prices around 3% only though.

Keep for 20 years for something you like and have the means for in a wonderful devpt, won't go wrong.

I agree too - it forces me to be more thrifty and responsible. It's hard to feel grown-up and responsible when one is still single... heh...

Currently tenanted at $6,000. Up for renewal in June and I'm hoping for $6,800 (a few units done at this price in the past 6 months).


congrats man:D ......wanted to buy one unit too but decided an estate down the road.... again surperb choice, my favourite too:cheers5:

Thanks too! Mind saying which you bought?

bargain hunter
04-02-13, 21:53
the glass thinghy is to prevent water from splashing out when u use it as a shower (i think).


I must say I like the bathroom
http://farm9.staticflickr.com/8500/8444664906_6618df54e0_z.jpg

Anyone knows what the glass thingy on the wall is for? :)
http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

electron
04-02-13, 21:55
Haha I think the question is about the glass thingie in the 2nd pic.. Can't figure what it's for too..

kane
04-02-13, 21:56
You won't feel any weight on your shoulders when it is tenanted. End up you may still splurge. Heh. Plus you have extra pocket money from your tenant.

starrynight
04-02-13, 21:56
Bargain Hunter, I mean this glass thingy next to the hair dryer :) Please enlighten me

http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

kane
04-02-13, 21:57
Haha I think the question is about the glass thingie in the 2nd pic.. Can't figure what it's for too..

Maybe for you to write your grocery list whilst your mind is fresh in the morning. Scribble something as you brush your teeth. Lol.

kane
04-02-13, 21:59
You can hang your face towel there I think...

electron
04-02-13, 22:02
To hang hangers on and not get them splashed when you use the basin :D

starrynight
04-02-13, 22:12
I resolve to be more financially responsible so that I can buy no. 2 if and when the mkt troughs :) Plan B is to pay the loan off in 12 years.


You won't feel any weight on your shoulders when it is tenanted. End up you may still splurge. Heh. Plus you have extra pocket money from your tenant.

yowetan
04-02-13, 22:17
Hi...can I visit your home? It is a very nice place.

azeoprop
04-02-13, 22:21
Congrats! Very beautiful project! :cheers4:

kane
04-02-13, 22:22
I resolve to be more financially responsible so that I can buy no. 2 if and when the mkt troughs :) Plan B is to pay the loan off in 12 years.
Good for you!

DKSG
04-02-13, 22:29
Bargain Hunter, I mean this glass thingy next to the hair dryer :) Please enlighten me

http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

Wah! Thought why people sneak into Office Boy's humble home to take photos !!!

The glass thing is a magazine holder la ... haha! Took me 1-2 months to realised then put in a magazine to pretend to be atas. hahaa!!!

Welcome to the estate my neighbour. Rental is $6.8K a mth +- 100-200.

Whats more important about our place is the Feng Shui. Get someone to check it out for you, you will be WOW-ed! by it.

DKSG

kane
04-02-13, 22:32
Lol. I am one suaku tortoise.

electron
04-02-13, 22:35
Lol. I am one suaku tortoise.
Me too haha :ashamed1:

starrynight
04-02-13, 22:47
Wah! Thought why people sneak into Office Boy's humble home to take photos !!!

The glass thing is a magazine holder la ... haha! Took me 1-2 months to realised then put in a magazine to pretend to be atas. hahaa!!!

Welcome to the estate my neighbour. Rental is $6.8K a mth +- 100-200.

Whats more important about our place is the Feng Shui. Get someone to check it out for you, you will be WOW-ed! by it.

DKSG

hahaha... we learn new things every day! Though I need to remember not to borrow your magazines if they have been perused in the bathroom... haha. And thanks for the ringing endorsement of Rivergate!

Congrats! Very beautiful project! :cheers4:

Thanks!


Hi...can I visit your home? It is a very nice place.

The unit is tenanted and the tenant wishes to stay on, so visit not likely now. But perhaps in future when I finally get to live in it! :)

panamera
04-02-13, 23:14
Well done and congrats on your buy. Is yours on L33 or 34? A 2 bedder on L33 sold for 2298 psf recently.

Your bathroom wall tile colour is different from mine tho.

Welcome to the neighbourhood..

yowetan
04-02-13, 23:19
The unit is tenanted and the tenant wishes to stay on, so visit not likely now. But perhaps in future when I finally get to live in it! :)

Hi...Thanks, and you are very humble. Nice knowing you here.

Learner
04-02-13, 23:25
Very nice place.... thanks for sharing the nice pics

Khng8
04-02-13, 23:25
I believe the units have different finishing? Some just tiles & others marble?
Capitaland did this for The Wharf project.
I would say the bathroom is nice but the kitchen is just utilitarian.

starrynight
04-02-13, 23:31
I believe the units have different finishing? Some just tiles & others marble?
Capitaland did this for The Wharf project.
I would say the bathroom is nice but the kitchen is just utilitarian.
Yes, most units seem to have the homogeneous living room tiles; I only came across 2 units with marble tiles. And yes, the kitchen looks bleah :)

Do you know if the "better" finishing was (i) an option for the buyer and (ii) cost more?


Well done and congrats on your buy. Is yours on L33 or 34? A 2 bedder on L33 sold for 2298 psf recently.

Your bathroom wall tile colour is different from mine tho.

Welcome to the neighbourhood..

PM-ed you :D


Very nice place.... thanks for sharing the nice pics

Thanks!

leesg123
04-02-13, 23:54
No lah, I sold my earlier property in 2012, and thus have the full benefits of (re)buying a first property. Also, am moving overseas for 2 or 3 years, so thought I'd take the risk of earning rent versus possible / likely further drop in prices.
With that budget, didnt consider getting 3 mm in the area? Each can rent 3k.

Stevie
05-02-13, 00:13
Me too haha :ashamed1:

Not for hanging towel meh?? Easier to dry :D

Shanhz
05-02-13, 07:24
You won't feel any weight on your shoulders when it is tenanted. End up you may still splurge. Heh. Plus you have extra pocket money from your tenant.

depends on discipline. all my $$ from tenant will go into the loan acct. any excess there will be used to pay down the loan or next ppty. wun touch it for daily usage. so no need to worry abt lower rental or short of tenant also. the buffer built up here shld be sufficient to buffer for downturn.

Shanhz
05-02-13, 07:27
Wah! Thought why people sneak into Office Boy's humble home to take photos !!!

The glass thing is a magazine holder la ... haha! Took me 1-2 months to realised then put in a magazine to pretend to be atas. hahaa!!!

Welcome to the estate my neighbour. Rental is $6.8K a mth +- 100-200.

Whats more important about our place is the Feng Shui. Get someone to check it out for you, you will be WOW-ed! by it.

DKSG

bro, you staying here too? i must check out the FS!!

leesg123
05-02-13, 07:39
bro, you staying here too? i must check out the FS!!
Take the fengshui with a big pinch of salt. A 'wang' place in general doesnt mean everyone there will be blessed and huat. It very much depend on your individual gua. E.g. Singapore in general is a piece of good fs on earth, but not everybody huat rite? As ugly as it might sound, i am sure there are residents staying there who have failed busoness, retrenched or poor health. So dont believe too much into the fs thing there. Applies to all other wang places too.

Shanhz
05-02-13, 07:52
Take the fengshui with a big pinch of salt. A 'wang' place in general doesnt mean everyone there will be blessed and huat. It very much depend on your individual gua. E.g. Singapore in general is a piece of good fs on earth, but not everybody huat rite? As ugly as it might sound, i am sure there are residents staying there who have failed busoness, retrenched or poor health. So dont believe too much into the fs thing there. Applies to all other wang places too.

this i understand that.. but good fengshui will improve the person's luck. a person with bad bazi living in good vs bad fengshui place.. there will be some improvement in the good place. of coz, the degree of improvement really depends. and some pple with very strong "ming", even stay at cross junction everyday kenah "hit" by car will also be very successful.

and even within one devp, there will be blocks with good and bad fengshui. for eg, swimming pool in a certain direction is good, but bad for another direction.

leesg123
05-02-13, 07:56
this i understand that.. but good fengshui will improve the person's luck. a person with bad bazi living in good vs bad fengshui place.. there will be some improvement in the good place. of coz, the degree of improvement really depends. and some pple with very strong "ming", even stay at cross junction everyday kenah "hit" by car will also be very successful.

and even within one devp, there will be blocks with good and bad fengshui. for eg, swimming pool in a certain direction is good, but bad for another direction.
True, i think trust own feeling is impt. If go househunting and can feel the homeliness, tat should be the rite one.

Jaykj
05-02-13, 10:32
I must say I like the bathroom
http://farm9.staticflickr.com/8500/8444664906_6618df54e0_z.jpg

Anyone knows what the glass thingy on the wall is for? :)
http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

Magazine rack.

Congrats on your new place.....beautiful! I love this place too but .... Vit M not enough to buy a 3-bedder :)

valkri
05-02-13, 17:17
Congrats! :cheers5:

Very nice estate. Was on my radar (in 2009 no less, would you believe it?! :banghead: )... but there were so much of "distractions" then ... ha ha :ashamed1:

blackjack21trader
05-02-13, 17:19
Very GOOD QUALITY MARBLES ! My THIRD EYE can see very clearly workmanship also very good. ( Hint: Look at how they cut the false ceiling entry cover you will know liao la )

blackjack21trader
05-02-13, 17:21
Very GOOD QUALITY MARBLES ! My THIRD EYE can see very clearly workmanship also very good. ( Hint: Look at how they cut the false ceiling entry cover you will know liao la )

Much thought also put into the pedestal design as one use granite and the wall use marbles. Very good I like, can match my high standards.

blackjack21trader
05-02-13, 17:25
Much thought also put into the pedestal design as one use granite and the wall use marbles. Very good I like, can match my high standards.

you are lucky, nowadays many developers will cut costs on the use of materials.

blackjack21trader
05-02-13, 17:27
you are lucky, nowadays many developers will cut costs on the use of materials.

placing of the marble slates also very swee, can tell the construction workers took the time to select the pattern for you :)

maisonjai
05-02-13, 17:31
Swee man, congrats & thanks for the virtual tour of ur place.

To be specific, it's a Playboy centre spread holder in case ur tenant needs a helping hand. :p (joking...)



Anyone knows what the glass thingy on the wall is for? :)
http://farm9.staticflickr.com/8233/8444664618_3fbea0f456_z.jpg

Jonathan0503
05-02-13, 20:30
Wah! Thought why people sneak into Office Boy's humble home to take photos !!!

The glass thing is a magazine holder la ... haha! Took me 1-2 months to realised then put in a magazine to pretend to be atas. hahaa!!!

Welcome to the estate my neighbour. Rental is $6.8K a mth +- 100-200.

Whats more important about our place is the Feng Shui. Get someone to check it out for you, you will be WOW-ed! by it.

DKSG

Any idea where to get the wall mounted hair dryer and how much does it cost?

Shanhz
06-02-13, 07:31
Very GOOD QUALITY MARBLES ! My THIRD EYE can see very clearly workmanship also very good. ( Hint: Look at how they cut the false ceiling entry cover you will know liao la )

haha, this one i use my normal eye to see can leow. :doh: :doh: :doh:

but then. i must.. the bathroom really hotel standard. how i wish mine will look like this.

Lovelle
06-02-13, 08:19
starrynight

did u got it at launch ? Must be real huat...

hyenergix
06-02-13, 08:25
Ur toilet is really atas but I suppose it is high maintenance. I prefer ceramic tiles for toilet for ease of maintenance and higher coefficient of friction, and I have never been able to figure out how to bathe properly in the bath tub - almost slipped while climbing in and out several times.

leesg123
06-02-13, 08:35
starrynight

did u got it at launch ? Must be real huat...he bought resale recently

Lovelle
06-02-13, 09:28
hmm, then he must be loaded.

i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....:simmering:

a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...

starrynight
06-02-13, 09:44
Much thought also put into the pedestal design as one use granite and the wall use marbles. Very good I like, can match my high standards.
Thanks! To be fair, the common bathroom is a little less impressive, but still ok.


Swee man, congrats & thanks for the virtual tour of ur place.

To be specific, it's a Playboy centre spread holder in case ur tenant needs a helping hand. :p (joking...)

Luckily the magazine holder is not next to the toilet bowl :D


Any idea where to get the wall mounted hair dryer and how much does it cost?

I'm afraid I don't know


Ur toilet is really atas but I suppose it is high maintenance. I prefer ceramic tiles for toilet for ease of maintenance and higher coefficient of friction, and I have never been able to figure out how to bathe properly in the bath tub - almost slipped while climbing in and out several times.

TBH, I'm not a fan of bathtubs, and think many Singaporeans are. They double up a place to place the laundry basket in many of my friends' homes :p


hmm, then he must be loaded.

i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....:simmering:

a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...

It's a 2-bedder. Well, I do think the prices will slide somewhat in the next 2 or 3 years, but also feel that in the (very?) long term, good location will command a healthy premium. If it gets really cheap again 1 day, then I buy one more lor :)

starrynight
06-02-13, 09:48
Searched Renotalk forum, and found this: http://www.renotalk.com/forum/index.php?showtopic=19767&st=0&p=389423&hl=+hotel%20+hair%20+dryer&fromsearch=1&#entry389423

Costs $85 back in 2009, so should be around $100? Looks like they also sell all the hotel-type stuff, like shaving mirrors and foldable luggage racks :)


Any idea where to get the wall mounted hair dryer and how much does it cost?

bargain hunter
06-02-13, 09:51
no one bedders here. smallest is 2 bedder of 10xx sq ft which as u said, > 2m now.


hmm, then he must be loaded.

i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....:simmering:

a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...

minority
06-02-13, 09:53
hmm, then he must be loaded.

i was there in 2009 staring at 3 bedrm for less then 2mil. No bullet ....:simmering:

a one bd rm cost abv $2mil now. For similar amount , you can get 3 bdrm elsewhere. really can't swallow.. different league of players...


dont think there are 1 bed room in this project. min 2 bed room

starrynight
06-02-13, 09:55
Yup, smallest is 1023sq ft.


no one bedders here. smallest is 2 bedder of 10xx sq ft which as u said, > 2m now.

Lovelle
06-02-13, 09:55
no one bedders here. smallest is 2 bedder of 10xx sq ft which as u said, > 2m now.


thanks for pointing my mistake

luzman
06-02-13, 10:32
no one bedders here. smallest is 2 bedder of 10xx sq ft which as u said, > 2m now.
over 2 million with rental yield only about 3+%.....cannot now lah...

bargain hunter
06-02-13, 12:02
yes, rental yield is now low 3%+.


over 2 million with rental yield only about 3+%.....cannot now lah...

starrynight
06-02-13, 12:54
For the sake of enlightenment, what is a good rental yield?

I bought my Pasir Panjang apartment in 2007, and got a tenant paying above market rate ($3800), i.e. 5.3% yield. I know this was high, but bearing in mind current rent and current purchase price, 3.5% to 4.2% is considered respectable?

I guess what I'm trying to get at is that, one can say that prices are going to drop, but looking at the number of completions in the next 3 years, there will be many units seeking tenants as well, i.e. rent is likely to drop (generally speaking), so yields are not likely to increase significantly? If so, then it might be years before we ever see the "respectable" threshold yields which some of us are seeking?

Grateful for opinions :)


yes, rental yield is now low 3%+.

bargain hunter
06-02-13, 13:14
there are too many arguments on this.

>3% is not bad by CCR standards already.

many invested in OCR becoz the yield is > 4%

5% is probably non existent by now (based on current market prices)? (correct me if i m wrong).




For the sake of enlightenment, what is a good rental yield?

I bought my Pasir Panjang apartment in 2007, and got a tenant paying above market rate ($3800), i.e. 5.3% yield. I know this was high, but bearing in mind current rent and current purchase price, 3.5% to 4.2% is considered respectable?

I guess what I'm trying to get at is that, one can say that prices are going to drop, but looking at the number of completions in the next 3 years, there will be many units seeking tenants as well, i.e. rent is likely to drop (generally speaking), so yields are not likely to increase significantly? If so, then it might be years before we ever see the "respectable" threshold yields which some of us are seeking?

Grateful for opinions :)

starrynight
06-02-13, 13:21
Roger, thanks! I better not start a war because of this :)

I guess the only ppty where >5% is possible is HDB (but there is that problem of MOP.. ooops)

Again, for enlightenment, what's the crappiest yield people have gotten in the past?

I heard that there were times in the 80s when average yield was 3.x / 4% but the loan interest was like 5 / 6%?


there are too many arguments on this.

>3% is not bad by CCR standards already.

many invested in OCR becoz the yield is > 4%

5% is probably non existent by now (based on current market prices)? (correct me if i m wrong).

bargain hunter
06-02-13, 13:59
i think i will start a war if i answer it. lol.

a qn which nobody knows the answer is how high interest rates can go after 2015. there are arguments that if interest rates shoot up in 2015, that means economy is improving and rental yield should also go up.


Roger, thanks! I better not start a war because of this :)

I guess the only ppty where >5% is possible is HDB (but there is that problem of MOP.. ooops)

Again, for enlightenment, what's the crappiest yield people have gotten in the past?

I heard that there were times in the 80s when average yield was 3.x / 4% but the loan interest was like 5 / 6%?

sunny88
06-02-13, 14:01
Brother StarryNight,

Congrats on your purchase and the lovely pixs.

Rivergate is my dream condo...

I was also one of the viewers of the 2 bedders there #24-16, but the facing is nowhere as lovely as your unit. Otherwise I would have been sorely tempted. I read in another thread that you also viewed that unit. But end of the day, I think you got yourself one with the best facing. Care to share which is the stack number? appreciate if you can pm me.

I am still checking out 2 bedders in the region...but Rivergate is above my budget now...

Shanhz
06-02-13, 14:11
Roger, thanks! I better not start a war because of this :)

I guess the only ppty where >5% is possible is HDB (but there is that problem of MOP.. ooops)

Again, for enlightenment, what's the crappiest yield people have gotten in the past?

I heard that there were times in the 80s when average yield was 3.x / 4% but the loan interest was like 5 / 6%?

my HDB yield is 8.5% if buy at today's price.

based on my cost price, it is 15%pa.

starrynight
06-02-13, 14:22
my HDB yield is 8.5% if buy at today's price.

based on my cost price, it is 15%pa.

Cool! Can say a bit more? E.g. 5-room flat in Toa Payoh Central, etc?


i think i will start a war if i answer it. lol.

a qn which nobody knows the answer is how high interest rates can go after 2015. there are arguments that if interest rates shoot up in 2015, that means economy is improving and rental yield should also go up.

hahaha... ok, but not discuss it openly then :D


Brother StarryNight,

Congrats on your purchase and the lovely pixs.

Rivergate is my dream condo...

I was also one of the viewers of the 2 bedders there #24-16, but the facing is nowhere as lovely as your unit. Otherwise I would have been sorely tempted. I read in another thread that you also viewed that unit. But end of the day, I think you got yourself one with the best facing. Care to share which is the stack number? appreciate if you can pm me.

I am still checking out 2 bedders in the region...but Rivergate is above my budget now...

Will PM you now :)

blackjack21trader
06-02-13, 14:27
Ur toilet is really atas but I suppose it is high maintenance. I prefer ceramic tiles for toilet for ease of maintenance and higher coefficient of friction, and I have never been able to figure out how to bathe properly in the bath tub - almost slipped while climbing in and out several times.

very easy,try this.


1) Remove every piece of garment on your body.

2) From outside the bathtub, place your first foot into the empty bathtub first.

3) Then slowly bring your naked self into the tub by lifting your second foot into the bath tub, both time holding on to any good support like a metal handle or place a hand on the wall.

4) By now, you should be standing firmly inside the tub.

5) Next, turn around to face the faucets and lower your whole body by squatting down gently.

6) Once in this position, place your two bottoms gently onto the cold bathtub floor to achieve a sitting position. Put the water stopper onto the drainage hole or turn the knob or level on some newer system.

7) Then, reach out to the faucets and turn the water on. Make sure the water is just luke warm and not too hot to scald the vital parts of your body.

8) Lay back and stretch your legs.

9) Wait for the water level to fill up to your chest level in this position. Once the level is reached, turn off the tap(s) .

10) Now you can relax and start eating or reading in the nice bath.


PS: Getting out of the tub is the reverse of the above steps. Except you have to make sure you empty the tub and dry yourself within the tub first before attempting to get out of the tub.

Good Luck :scared-5:

leesg123
06-02-13, 14:29
Roger, thanks! I better not start a war because of this :)

I guess the only ppty where >5% is possible is HDB (but there is that problem of MOP.. ooops)

Again, for enlightenment, what's the crappiest yield people have gotten in the past?

I heard that there were times in the 80s when average yield was 3.x / 4% but the loan interest was like 5 / 6%?RV Suites based on NOW price yield 4%
Power of MM

leesg123
06-02-13, 14:30
Seriously bro :cheers5:
very easy,try this.


1) Remove every piece of garment on your body.

2) From outside the bathtub, place your first foot into the empty bathtub first.

3) Then slowly bring your naked self into the tub by lifting your second foot into the bath tub, both time holding on to any good support like a metal handle or place a hand on the wall.

4) By now, you should be standing firmly inside the tub.

5) Next, turn around to face the faucets and lower your whole body by squatting down gently.

6) Once in this position, place your two bottoms gently onto the cold bathtub floor to achieve a sitting position. Put the water stopper onto the drainage hole or turn the knob or level on some newer system.

7) Then, reach out to the faucets and turn the water on. Make sure the water is just luke warm and not too hot to scald the vital parts of your body.

8) Lay back and stretch your legs.

9) Wait for the water level to fill up to your chest level in this position. Once the level is reached, turn off the tap(s) .

10) Now you can relax and start eating or reading in the nice bath.


PS: Getting out of the tub is the reverse of the above steps.

Good Luck :scared-5:

blackjack21trader
06-02-13, 14:34
Seriously bro :cheers5:

Thanks, good brother leesg123 :)

you will be amazed many good brothers or sisters dunno how to use a tub OR USE THE WRONG METHOD. This includes my wife when she first marry me.:D

In the movies, they also taught you the wrong method. That is, getting in and out of a filled tub, which is SLIPPERY AND dangerous !

taggy
06-02-13, 15:02
very easy,try this.


1) Remove every piece of garment on your body.

2) From outside the bathtub, place your first foot into the empty bathtub first.

3) Then slowly bring your naked self into the tub by lifting your second foot into the bath tub, both time holding on to any good support like a metal handle or place a hand on the wall.

4) By now, you should be standing firmly inside the tub.

5) Next, turn around to face the faucets and lower your whole body by squatting down gently.

6) Once in this position, place your two bottoms gently onto the cold bathtub floor to achieve a sitting position. Put the water stopper onto the drainage hole or turn the knob or level on some newer system.

7) Then, reach out to the faucets and turn the water on. Make sure the water is just luke warm and not too hot to scald the vital parts of your body.

8) Lay back and stretch your legs.

9) Wait for the water level to fill up to your chest level in this position. Once the level is reached, turn off the tap(s) .

10) Now you can relax and start eating or reading in the nice bath.


PS: Getting out of the tub is the reverse of the above steps. Except you have to make sure you empty the tub and dry yourself within the tub first before attempting to get out of the tub.

Good Luck :scared-5:

visual instruction will be more helpful.... can u make a video ? :D

Shanhz
06-02-13, 15:04
Cool! Can say a bit more? E.g. 5-room flat in Toa Payoh Central, etc?



4 rm flat in ulu part of singapore with 7-8min walk to nearest MRT.

if take my parents' former 3 rm flat.. even better. cost price $8k, rental now is i dunno... $2,500 a month? 3 min walk to MRT.

sunny88
06-02-13, 15:10
visual instruction will be more helpful.... can u make a video ? :D

Brother BJ, I think you missed out certain steps.

Here is visual presentation:

http://www.youtube.com/watch?gl=SG&hl=en-GB&v=o7zJUuNTA-o

:cheers5:

hyenergix
06-02-13, 15:10
very easy,try this.


1) Remove every piece of garment on your body.

2) From outside the bathtub, place your first foot into the empty bathtub first.

3) Then slowly bring your naked self into the tub by lifting your second foot into the bath tub, both time holding on to any good support like a metal handle or place a hand on the wall.

4) By now, you should be standing firmly inside the tub.

5) Next, turn around to face the faucets and lower your whole body by squatting down gently.

6) Once in this position, place your two bottoms gently onto the cold bathtub floor to achieve a sitting position. Put the water stopper onto the drainage hole or turn the knob or level on some newer system.

7) Then, reach out to the faucets and turn the water on. Make sure the water is just luke warm and not too hot to scald the vital parts of your body.

8) Lay back and stretch your legs.

9) Wait for the water level to fill up to your chest level in this position. Once the level is reached, turn off the tap(s) .

10) Now you can relax and start eating or reading in the nice bath.


PS: Getting out of the tub is the reverse of the above steps. Except you have to make sure you empty the tub and dry yourself within the tub first before attempting to get out of the tub.

Good Luck :scared-5:

Thanks, I can never relax with water over my chest as it makes me feel like drowning. Usually I end up standing in the hotel bath tub to bathe, which is quite dangerous if there is any soap. But it is the fastest way to bathe.

blackjack21trader
06-02-13, 15:17
Thanks, I can never relax with water over my chest as it makes me feel like drowning. Usually I end up standing in the hotel bath tub to bathe, which is quite dangerous if there is any soap. But it is the fastest way to bathe.

Yes, dun do it brother ! This is dangerous. Make sure you dry yourself thoroughly before getting out. You can dry your feet first by placing the towel on the floor of the empty tub.

One of my beautiful colleagues has to get one stitch on her forehead because she did not dry herself first before moving out of the tub. How I wish I was there physically with her before the little mishap happened !:D

blackjack21trader
06-02-13, 15:20
Yes, dun do it brother ! This is dangerous. Make sure you dry yourself thoroughly before getting out. You can dry your feet first by placing the towel on the floor of the empty tub.

One of my beautiful colleagues has to get one stitch on her forehead because she did not dry herself first before moving out of the tub. How I wish I was there physically with her before the little mishap happened !:D

Hope my wife miss this post !

:tongue3:

starrynight
06-02-13, 16:18
Yup, 1 relative has a really crappy (the kitchen cabinet fell apart, and was never ever even replaced, etc.) 3-room HDB flat in Pandan and still it rents out for $1,900 a month!


4 rm flat in ulu part of singapore with 7-8min walk to nearest MRT.

if take my parents' former 3 rm flat.. even better. cost price $8k, rental now is i dunno... $2,500 a month? 3 min walk to MRT.

Jonathan0503
06-02-13, 17:12
Searched Renotalk forum, and found this: http://www.renotalk.com/forum/index.php?showtopic=19767&st=0&p=389423&hl=+hotel%20+hair%20+dryer&fromsearch=1&#entry389423

Costs $85 back in 2009, so should be around $100? Looks like they also sell all the hotel-type stuff, like shaving mirrors and foldable luggage racks :)

Thanks a lot for the info :)

starrynight
06-02-13, 19:04
Forgive me if I seem like I'm trying to promote the condo, but I'm just excited with this buy, and wanted to have a place to "store" the info I find.

Below are some photos of what Robertson Quay looked like in the old days:

1974:
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19980002875-8263-3201-0879/img0015.jpg

http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19980002873-8263-3201-0877/img0110.jpg

Rodyk Street - guess this is the space between what is today 8 Rodyk and Watermark
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007097-0004-3012-2141/img031.jpg

And this should be the view across the river from what Rivergate is today. Photo from 1987
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007091-0004-3012-0369/img090.jpg

starrynight
06-02-13, 19:37
And the site of Rivergate used to be a Chinese Kampung!

http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007096-0004-3012-2152/img039.jpg

DKSG
06-02-13, 20:34
And the site of Rivergate used to be a Chinese Kampung!

http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007096-0004-3012-2152/img039.jpg


Thank you !!!

Buy you kopi next time !

DKSG

ecimbew
06-02-13, 21:30
Thanks. Yes, I think this is the best view for the 2-bedders. The views from Stack 5 (3 bedders) would even better.

Re CM7: well, I saw this unit and really really liked it. 1 of the top floors for 2 bedders, with the sky gym and sky garden on the same floor, so my heart overruled my head :)

Can you upload photos of the sky gym and sky garden plus the corridor/walkway towards these two facilities? Thank you.

minority
06-02-13, 23:48
Forgive me if I seem like I'm trying to promote the condo, but I'm just excited with this buy, and wanted to have a place to "store" the info I find.

Below are some photos of what Robertson Quay looked like in the old days:

1974:
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19980002875-8263-3201-0879/img0015.jpg

http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19980002873-8263-3201-0877/img0110.jpg

Rodyk Street - guess this is the space between what is today 8 Rodyk and Watermark
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007097-0004-3012-2141/img031.jpg

And this should be the view across the river from what Rivergate is today. Photo from 1987
http://drm.a2o.nas.sg/DJVUServer/getImage.jsp?file=/picas_data/tn_pcd/19990007091-0004-3012-0369/img090.jpg


Can See how much improvement Singapore has transformed.

star
07-02-13, 00:17
Can See how much improvement Singapore has transformed.

Sadly nowadays people is rather closed culture mindset(singaporean only), what will happen to singapore in 10 to 20years time:
http://sg.news.yahoo.com/singapore-plans-rare-protest-population-debate-rages-124703195--sector.html

Funny thing is people complain about high property price but everywhere in the world is the same, after 2009 crisis every where in the world property price went up. Sg property didn't go up much also from 2009, maybe only 30% to 40% on average. So which country did property price not went up?

minority
07-02-13, 00:30
Sadly nowadays people is rather closed culture mindset(singaporean only), what will happen to singapore in 10 to 20years time:
http://sg.news.yahoo.com/singapore-plans-rare-protest-population-debate-rages-124703195--sector.html

Funny thing is people complain about high property price but everywhere in the world is the same, after 2009 crisis every where in the world property price went up. Sg property didn't go up much also from 2009, maybe only 30% to 40% on average. So which country did property price not went up?


well we never know if we F up. then we just have to eat the humble pie.

starrynight
07-02-13, 09:41
Sky garden: http://farm9.staticflickr.com/8365/8443576939_52d30fec38_c.jpg

Roof garden: http://farm9.staticflickr.com/8359/8444659002_68f8b8fe2b_c.jpg

Sky gym, albeit not a very good photo: http://farm9.staticflickr.com/8045/8444667500_b04bf3a8e5_c.jpg

Corridor towards sky gym: no photo - looks like a regular walkway. Gym is at end of the floor.


Can you upload photos of the sky gym and sky garden plus the corridor/walkway towards these two facilities? Thank you.

yowetan
07-02-13, 10:14
Sky garden: http://farm9.staticflickr.com/8365/8443576939_52d30fec38_c.jpg

Roof garden: http://farm9.staticflickr.com/8359/8444659002_68f8b8fe2b_c.jpg

Sky gym, albeit not a very good photo: http://farm9.staticflickr.com/8045/8444667500_b04bf3a8e5_c.jpg

Corridor towards sky gym: no photo - looks like a regular walkway. Gym is at end of the floor.

Hi...Could you share with me how much is the monthly/quarterly maintenance fund?

minority
07-02-13, 10:43
Sky garden: http://farm9.staticflickr.com/8365/8443576939_52d30fec38_c.jpg

Roof garden: http://farm9.staticflickr.com/8359/8444659002_68f8b8fe2b_c.jpg

Sky gym, albeit not a very good photo: http://farm9.staticflickr.com/8045/8444667500_b04bf3a8e5_c.jpg

Corridor towards sky gym: no photo - looks like a regular walkway. Gym is at end of the floor.


nice!!!!!!!!!!

starrynight
07-02-13, 11:23
It's $319 per month for 2 bedder.


Hi...Could you share with me how much is the monthly/quarterly maintenance fund?

Rosy
07-02-13, 11:24
It's $319 per month for 2 bedder.
Already include sinking fund?

yowetan
07-02-13, 13:00
It's $319 per month for 2 bedder.

Hi..thanks for the information. It is reasonable amount.

ecimbew
07-02-13, 20:00
Sky garden: http://farm9.staticflickr.com/8365/8443576939_52d30fec38_c.jpg

Roof garden: http://farm9.staticflickr.com/8359/8444659002_68f8b8fe2b_c.jpg

Sky gym, albeit not a very good photo: http://farm9.staticflickr.com/8045/8444667500_b04bf3a8e5_c.jpg

Corridor towards sky gym: no photo - looks like a regular walkway. Gym is at end of the floor.

Thank you so much! Now I know why you bought it.

starrynight
07-02-13, 23:03
Some night photos.. sorry for poor quality, but best I could manage without a tripod:

http://farm9.staticflickr.com/8518/8453735312_c18d94d05a_z.jpg

http://farm9.staticflickr.com/8508/8452642795_a323e2509e_z.jpg

http://farm9.staticflickr.com/8507/8452640733_bc1064f1f0_z.jpg

http://farm9.staticflickr.com/8231/8453730484_bb37222d04_z.jpg

Looks like HDB point blocks :p
http://farm9.staticflickr.com/8380/8452636635_8389c5c8dc_z.jpg

Learner
08-02-13, 00:50
awesome view! :)

starrynight
17-02-13, 12:31
Some more photos from my visit today:

Sky gardens by day, from Blk 93:
http://farm9.staticflickr.com/8391/8480218779_1e463c9483_z.jpg

http://farm9.staticflickr.com/8249/8481311972_9af6cde70f_z.jpg

http://farm9.staticflickr.com/8390/8481313266_14a1784211_z.jpg

Pool:
http://farm9.staticflickr.com/8089/8480217835_d862a95350_z.jpg

starrynight
17-02-13, 12:34
Water bus stop is just outside. They are in the process of building shelters (that's the thing surrounded by the zinc sheets) along the water bus route. Other stops include Clarke Quay, Boat Quay, Fullerton Hotel, Merlion, Marina Bay Sands, Singapore Flyer and Esplanade.

As I understand it, there are 2 service providers, and 1 of them has a monthly pass for SGD160 for the folks who work in Raffles Place, etc.

For now, the system looks quite primitive - there is an Indian guest worker who sits under a tree at the Rivergate stop with a walkie-talkie to coordinate sailings :p

http://farm9.staticflickr.com/8520/8480223025_791d97dd82_z.jpg

This is the water bus:
http://farm9.staticflickr.com/8506/8480223403_71078c4ecb_z.jpg

"crazy kwai lo" kayaking in the River:
http://farm9.staticflickr.com/8383/8481310356_cd713cc26e_z.jpg

I like this shot:
http://farm9.staticflickr.com/8375/8480219857_aaff466732_z.jpg

starrynight
17-02-13, 12:43
And some photos which don't really fit anywhere:

Looks-wise, in the vicinity, I think the nicest condos are Trillium, Cosmopolitan, Somerset Skypark, Robertson Blue (the side fronting the river; not so keen on the back) and 8 Rodyk

http://farm9.staticflickr.com/8528/8481348378_314d5ef361_z.jpg

http://farm9.staticflickr.com/8524/8480256495_97abaa2223_z.jpg

http://farm9.staticflickr.com/8509/8480255913_4a1c649f99_z.jpg

http://farm9.staticflickr.com/8236/8480255049_e910877bd5_z.jpg

kane
17-02-13, 15:32
The night view is very pretty.

starrynight
09-03-13, 11:42
Some people definitely have too much money: the seller of the Rivergate unit I bought finally cashed the 1% option cheque yesterday, after 7 weeks!

The only other explanation I can think of is that the agent hung on to the cheque to make sure that the seller (foreigner) will honor her commission.

puffer_fish
10-03-13, 15:08
nice pic, your unit is above 15 or below:D

starrynight
10-03-13, 15:22
Mine's 30+. But some of the photos are from all over various floors :)


nice pic, your unit is above 15 or below:D