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bakasa2002
26-03-13, 12:48
Been looking up Joo Chiat area and saw this project going at relatively lower price than surroundings then I notice it is LH .... I am wondering if any guru know the history behind this as most if not all projects in this area are FH?

Any comments are welcome. Thanks. :)
pod
26-03-13, 13:12
Been looking up Joo Chiat area and saw this project going at relatively lower price than surroundings then I notice it is LH .... I am wondering if any guru know the history behind this as most if not all projects in this area are FH?

Any comments are welcome. Thanks. :)


This project is near some popular eateries, eg. FEI FEI wanton mee etc etc.

Its entrance is somewhat sandwich at many small crossroads & popular on weekends for makan goers. (tight traffic if theres illegal parking)

The development itself is pretty sandwiched. eg. the pools are really too near for my comfort if u ask me. If u stay at the ground floor, u can seriously 'dive' out into the pool. So expect screaming kids or if theres a party going on, u better make sure ur double layed curtains are drawn.

For rental potential, believe it will be ok, cos seen alot of expats in n out of this development.

Also if u r very particular about security and 'image' wise, at nite there still some active KTV along the joo chiat side. So if u can put up with the merry makers and side walkers then u can consider this project.

Gdluck! :cheers5:
cnud
26-03-13, 14:21
There are a few FH projects in the vicinity. Mostly by Oxley and gang...

Ivory is quite nice.
DKSG
26-03-13, 15:38
Been looking up Joo Chiat area and saw this project going at relatively lower price than surroundings then I notice it is LH .... I am wondering if any guru know the history behind this as most if not all projects in this area are FH?

Any comments are welcome. Thanks. :)

Dont buy a LH amongst FH. Unless you are talking about D9,10,11.
Especially, if the LH is already more than 10 years down its lease.
Resale later will be a tough sell.

Giving a choice, pay a bit more for a FH.

DKSG
bakasa2002
26-03-13, 15:56
thks for the advice, I am just wondering what is the LH doing amg the FH ... esp considering Joo Chiat area ... That's the only LH???
radha08
26-03-13, 16:26
Drop by the surrounding area after 8pm...if u like
That kind of environment. ...then its ok otherwise
Stay away...:scared-3:

I am very familiar cos my daughter school next
Door I ever thought of buying there...but its not
For me cos too many bars around...:D
pod
27-03-13, 14:35
Drop by the surrounding area after 8pm...if u like
That kind of environment. ...then its ok otherwise
Stay away...:scared-3:

I am very familiar cos my daughter school next
Door I ever thought of buying there...but its not
For me cos too many bars around...:D

Agree with the 8pm part.. lol... nite time is very colorful...

Wunder those buyers know wat they getting into when they buy those new MM launches there:D

Even if they tenant out, some people just dun like to be 'seen' in such areas. Or maybe its just me?;)


However to each his own la, if TS wans to buy. I will say just kar kar press the price down. U never know u might get a good deal cos Owner probably also buay tahan wana sell liao...
eng81157
27-03-13, 14:53
Agree with the 8pm part.. lol... nite time is very colorful...

Wunder those buyers know wat they getting into when they buy those new MM launches there:D

Even if they tenant out, some people just dun like to be 'seen' in such areas. Or maybe its just me?;)


However to each his own la, if TS wans to buy. I will say just kar kar press the price down. U never know u might get a good deal cos Owner probably also buay tahan wana sell liao...

the unit may fetch a high price if the buyer is an OKT, on the contrary :scared-5: :scared-5:
pod
27-03-13, 15:46
the unit may fetch a high price if the buyer is an OKT, on the contrary :scared-5: :scared-5:


muahahahhahahahahahahahaha...
economist
02-04-13, 16:12
The unit layout is good, breezy and bright; Condo a bit cramp; Residence mix is quite OK; however, agree with the 8pm thing, but this really depends on individuals.
DKSG
02-04-13, 23:19
if u buying the 1,9xx sqft units ... try 725 psf.
for the 1,2xx sqft ones, try 825-850 psf.

Anything higher, walk away, buying demand here is very low one.

DKSG
economist
03-04-13, 14:36
But the October 2012 transaction was already 929 psf for a 1238 sqft unit. Actually, the yield for this project is not bad at all...


if u buying the 1,9xx sqft units ... try 725 psf.
for the 1,2xx sqft ones, try 825-850 psf.

Anything higher, walk away, buying demand here is very low one.

DKSG
DKSG
03-04-13, 23:48
But the October 2012 transaction was already 929 psf for a 1238 sqft unit. Actually, the yield for this project is not bad at all...

Once off only I think ... As buyers always gotta try the best price. With only 1 caveat lodged at 900+, seller may not have much support for 900+.

DKSG