View Full Version : JURONG GATEWAY CONDO LAUNCHING!!
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I heard from my feng shui master that Singapore have 5 dragons, located in Central, East, North, South, and West. However, the Western dragon was dead because of the persistent toxic air and smokes, and super deep underground drilling for the deep underground caverns, which had killed the Western dragon. :beats-me-man:
How about other dragons? Will they be injured by non stop tunneling of new mrt lines.... :rolleyes:
yiguang2001
26-06-13, 01:57
Placed a cheque with my agent for the J Gateway. Still not sure if I should go ahead. Was thinking of buying the larger units, but after studying the conditions, I am getting cool feet.
Cons
- view not good ( Lake view not that great, went to nearby HDB to see and I am not impress. Must buy high levels also)
- expensive (Appreciation limited, and condo selling at future pricing)
- Interest rate going up within the next few years
- supply of completed properties will limit rental within the next few years
- By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
- rental will also have to be higher than nearby competitors due to higher loan amount, tenants have cheaper alternatives.
- traffic conditions is horrible.
- noise level from MRT( Too near the tracks.)
- Jurong developement need roughly 10 years to come into full swing.
- Tenant profile is also a concern. Who will pay high rent in the West in the near term?
- Property cycle seems to be peaking also.
- Need to hold property for more than ten years to unlock full value.
I don't think I need to write the pros. Too many property agents are doing that already. In the end, it all comes down to pricing. If the price is insane, I think I will back down.
Placed a cheque with my agent for the J Gateway. Still not sure if I should go ahead. Was thinking of buying the larger units, but after studying the conditions, I am getting cool feet.
Cons
- view not good ( Lake view not that great, went to nearby HDB to see and I am not impress. Must buy high levels also)
- expensive (Appreciation limited, and condo selling at future pricing)
- Interest rate going up within the next few years
- supply of completed properties will limit rental within the next few years
- By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
- rental will also have to be higher than nearby competitors due to higher loan amount, tenants have cheaper alternatives.
- traffic conditions is horrible.
- noise level from MRT( Too near the tracks.)
- Jurong developement need roughly 10 years to come into full swing.
- Tenant profile is also a concern. Who will pay high rent in the West in the near term?
- Property cycle seems to be peaking also.
- Need to hold property for more than ten years to unlock full value.
I don't think I need to write the pros. Too many property agents are doing that already. In the end, it all comes down to pricing. If the price is insane, I think I will back down.
Well done. I, too, gave a blank check and short-listed two units on the #33 and #38. Both are some of the largest units and their indicative PSF is around $1600. I only have one additional concern: the price is way higher than surrounding HDBs, ECs and PCs. This makes selling or renting in future quite abit harder. I will also give up if PSF is too high.
I also almost place a cheque but in the end didn't.
I try to ask myself, would my future buyer be willing to buy from me at least from 2k psf in jurong if I'm going to pay 1800psf (including stamp) now. Not forgetting I hv not factor in the possibilty of increase interest rate.
With this kinda psf, I can easily get a unit at east coast or city fringe.
If you are doubtful, then better reconsider again. It's better to miss the boat than have sleepless nights.
Did you get cold feet because you cant afford it?
Placed a cheque with my agent for the J Gateway. Still not sure if I should go ahead. Was thinking of buying the larger units, but after studying the conditions, I am getting cool feet.
Cons
- view not good ( Lake view not that great, went to nearby HDB to see and I am not impress. Must buy high levels also)
What would you consider as a good view?
- expensive (Appreciation limited, and condo selling at future pricing)
All new condo are selling at future price
- Interest rate going up within the next few years
Affect property everywhere not just limited to J Gateway, then again, this has been said for the past 3 years already.
- supply of completed properties will limit rental within the next few years
So far this is the only residential site at Jurong Gateway, and only new condo that will TOP before J gateway in the JLD area is Lakefront Residents at Lakeside MRT. If that is a cause of concern, then everywhere else in Singapore will be worst.
- By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
What sort of humbling quantum and rental are you talking here?
- rental will also have to be higher than nearby competitors due to higher loan amount, tenants have cheaper alternatives.
This apply to every corner of Singapore, not just J Gateway. But then again, in JLD, which competing condo are you referring to?
- traffic conditions is horrible.
- noise level from MRT( Too near the tracks.)
- Jurong developement need roughly 10 years to come into full swing.
When J Gateway TOP, 1100 bed hospital, Westgate, Jem, Sim Lian office, Genting hotel, Big Box will all be ready. And Capitaland, MND, AVA, BCA and many new companies will be operating from Jurong gateway.
What else are you expecting?
- Tenant profile is also a concern. Who will pay high rent in the West in the near term?
high is relative? how high?
- Property cycle seems to be peaking also.
property price peaking in JLD? I doubt so.
- Need to hold property for more than ten years to unlock full value.
There is no such thing as full value because property prices will get higher when you hold longer.
I don't think I need to write the pros. Too many property agents are doing that already. In the end, it all comes down to pricing. If the price is insane, I think I will back down.
Regulators
26-06-13, 04:21
No need city fringe , can buy district 9
I also almost place a cheque but in the end didn't.
I try to ask myself, would my future buyer be willing to buy from me at least from 2k psf in jurong if I'm going to pay 1800psf (including stamp) now. Not forgetting I hv not factor in the possibilty of increase interest rate.
With this kinda psf, I can easily get a unit at east coast or city fringe.
If you are doubtful, then better reconsider again. It's better to miss the boat than have sleepless nights.
This show the power of ads... With the correct ads and marketing... Jurong can sell more expensive then city fring.. Just like eating fish ball noodle in resturant instead of paying only $2/- in hawker centre.. Anything have it own market... I am sure they are still a lot of people willing to buy J-Gateway even at unbelieveable price... This is the market...
This show the power of ads... With the correct ads and marketing... Jurong can sell more expensive then city fring.. Just like eating fish ball noodle in resturant instead of paying only $2/- in hawker centre.. Anything have it own market... I am sure they are still a lot of people willing to buy J-Gateway even at unbelieveable price... This is the market...
A proxy for e wealth of e area is e number of banks there.
http://www.uobgroup.com/assets/pdfs/News_Release-UOBJEM_opening_final.pdf
Did you get cold feet because you cant afford it?
He is just being realistic!
CharlieAng
26-06-13, 07:46
Placed a cheque with my agent for the J Gateway. Still not sure if I should go ahead. Was thinking of buying the larger units, but after studying the conditions, I am getting cool feet.
Cons
- view not good ( Lake view not that great, went to nearby HDB to see and I am not impress. Must buy high levels also)
- expensive (Appreciation limited, and condo selling at future pricing)
- Interest rate going up within the next few years
- supply of completed properties will limit rental within the next few years
- By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
- rental will also have to be higher than nearby competitors due to higher loan amount, tenants have cheaper alternatives.
- traffic conditions is horrible.
- noise level from MRT( Too near the tracks.)
- Jurong developement need roughly 10 years to come into full swing.
- Tenant profile is also a concern. Who will pay high rent in the West in the near term?
- Property cycle seems to be peaking also.
- Need to hold property for more than ten years to unlock full value.
I don't think I need to write the pros. Too many property agents are doing that already. In the end, it all comes down to pricing. If the price is insane, I think I will back down.
Same concerns here. I don't mind to hold the unit for 10 years, but at the indicative price, how high can rental yield be? If interest rate goes higher, will my unit becomes charity work? (Interest>rental?). Any potential for the price to go higher? Tough decision because the location is indeed very good and there will be lots development in JLD.
yiguang2001
26-06-13, 07:52
Did you get cold feet because you cant afford it?
Haha! Actually, it is exactly because I can afford it that I put in so much effort to do a risk analysis. If I am not seriously thinking of buying, I will not put in so much time. Researched on rental commanded in the area, growth potential, interest rate, tenant profile, and gathered expert opinions. There are high risk involved with this property. Don't go in blind. Must do your own calculation, I know I did.
I guess the issue of concern is the mindset of old jurong.. How about if jurong is on the way to create a premium price bracket of its own just like those prime district.
Same concerns here. I don't mind to hold the unit for 10 years, but at the indicative price, how high can rental yield be? If interest rate goes higher, will my unit becomes charity work? (Interest>rental?). Any potential for the price to go higher? Tough decision because the location is indeed very good and there will be lots development in JLD.
Rentability vs. Rental yield. In my opinion rentability is more important. Rental yield is always ups and downs, but rentability must be superior in comparison to other condo that u consider in investing.
Rentability vs. Rental yield. In my opinion rentability is more important. Rental yield is always ups and downs, but rentability must be superior in comparison to other condo that u consider in investing.
Rental yield is a promise, whereas rentability is a fact. You can make an educated guess for rentability.
Haha! Actually, it is exactly because I can afford it that I put in so much effort to do a risk analysis. If I am not seriously thinking of buying, I will not put in so much time. Researched on rental commanded in the area, growth potential, interest rate, tenant profile, and gathered expert opinions. There are high risk involved with this property. Don't go in blind. Must do your own calculation, I know I did.
Could you show us the numbers to the below calculation?
By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
What sort of humbling quantum and rental are you talking here?
I guess the issue of concern is the mindset of old jurong.. How about if jurong is on the way to create a premium price bracket of its own just like those prime district.
do u see jurong east rising and on par with those prime district in the next 10-15 yrs?
i doubt.
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-prn1/1017217_10151689884842040_1902589104_n.jpg
Autumnwinds
26-06-13, 10:28
Well done. I, too, gave a blank check and short-listed two units on the #33 and #38. Both are some of the largest units and their indicative PSF is around $1600. I only have one additional concern: the price is way higher than surrounding HDBs, ECs and PCs. This makes selling or renting in future quite abit harder. I will also give up if PSF is too high.
I too submitted a blank cheque. Before this project was launched, I was very keen on it. Was looking for a 4bedder for my family. Overall my family approves of the area. But after looking at the floor plan and area of the 4bedder, I was immediately turned off. 11XX for a 4 bedroom? I can make do living in my 13XX 3bedroom. Since the unit size is so so compact, I guess the quantum won't be kept very high.
I've given up, so with one less me in the queue, hopefully you guys can get your preferred choice unit :D
Guess thats the compact concept of CBD lifestyle with the quality furnishing given.
do u see jurong east rising and on par with those prime district in the next 10-15 yrs?
i doubt.if you foresee JE having a sg flyer, casino, parliament house then is possible.
Casino not possible, too near HDB, Kopichino house and bar may be many many along the lakeside street...another CQ @ Jurong
More than 200,000 sq ft has been pre-leased at the much-anticipated Westgate shopping mall in the Jurong Gateway, well ahead of its scheduled opening in December 2013.The upcoming mall, with a total of 416,000 sq ft in net lettable area, is targeted mainly at middle-income families, professionals, students and commuters. Westgate is part of the Jurong Gateway integrated development, a joint venture between CapitaMalls Asia (CMA) Limited, CapitaMall Trust (CMT) and CapitaLand Limited.The office component of the project, Westgate Tower, has also secured 50% pre-commitment from CapitaLand.Among the tenants that have pre-committed to space at Westgate are Paul Bakery and Japanese supermarket chain Isetan. Lim Tien Chun, Managing Director at Isetan (Singapore) said that the supermarket is “looking forward to the opening of our store at Westgate – our sixth in Singapore. It will be our first store in the west of Singapore and also our first Japanese-style supermarket outside Orchard Road.”Other tenants also include Food Republic, Paradise Dynasty, Café Crema and Steak & Seafood Robatayaki Buffet. Yamaha will also open a music school at Westgate.“Westgate will be the catalyst for the transformation of the Jurong Lake District into a key regional hub, the largest outside the Central Business District. We are excited to bring retailers such as Paul Bakery and Isetan Supermarket to Singapore’s West with their first stores outside Singapore’s downtown core,” commented Wee Su Lin, General Manager of Westgate.*
It will be a seven story retail mall that's more than half the size of ION Orchard and it will be located at Jurong Gateway. It will offer international and high street fashion, dining options as well as office space. It will cost approximately S$1.5 billion.*It is jointly developed by CapitaMalls Asia, CapitaMall Trust and CapitaLand, the project is slated to open by end-2014 and it's expected to serve some one million people living and working in the area.*The one-hectare hotel site at the Jurong Town Hall Road is expected to yield over 500 rooms and have 3,150 square metres of commercial space.*Design firm Benoy and RSP Architects Planners & Engineers - both consultants for ION Orchard and Jcube - were tapped to work on the development on the 594,000 sq ft mall.*Westgate will have direct connection to the MRT and bus interchanges.
I too submitted a blank cheque. Before this project was launched, I was very keen on it. Was looking for a 4bedder for my family. Overall my family approves of the area. But after looking at the floor plan and area of the 4bedder, I was immediately turned off. 11XX for a 4 bedroom? I can make do living in my 13XX 3bedroom. Since the unit size is so so compact, I guess the quantum won't be kept very high.
I've given up, so with one less me in the queue, hopefully you guys can get your preferred choice unit :D
how come u submitted a chq for this when u hv alrdy purchased a 4 bedder in BR?
do u see jurong east rising and on par with those prime district in the next 10-15 yrs?
i doubt.
depends what you are comparing, peak to peak price no chance for OCR to be on par because we are going to see $4 to 5Kpsf for 1 bedder in CCR pretty soon.
However I would say that in terms of psf, there will be overlap because for project like J Gateway that is located next to transport and commercial hub, sure it will command higher psf as compared to some ulu and old CCR properties without any lifestyle component.
how come u submitted a chq for this when u hv alrdy purchased a 4 bedder in BR?
talk is free what.
Someone mentioned that the one bedder for J Gateway does not come with the usual fridge and washing machine.
would any marketing agents like to clarify?
Autumnwinds
26-06-13, 11:50
how come u submitted a chq for this when u hv alrdy purchased a 4 bedder in BR?
One must always keep his options open lei.:D
Casino not possible, too near HDB, Kopichino house and bar may be many many along the lakeside street...another CQ @ Jurong
I am guessing a theme park to be build at the former tang dynasty site and it will most likely be funded by one of the casino player in Singapore. perhaps Genting.
And this will eventually transform the entire Lakeside district into a popular tourist attractions. Over at lakeside village, sure it will be like another CQ, with seafood restaurants, bars etc.
talk is free what.
no mah, one wun go round every showroom n put a cheque if not keen in the 1st place rite? :doh:
One must always keep his options open lei.:D
but I tot by purchasing BR liao, yr option was alrdy closed? :tongue3:
or u mean if J Gateway is suitable, u intends to hoot 2 condo at 1 go?!?! :scared-1:
no mah, one wun go round every showroom n put a cheque if not keen in the 1st place rite? :doh:
submitting blanket cheque at this stage doesnt mean anything. If you dont turn up for balloting, agent also LL.
Also how can you be sure he submitted a cheque? I could say I submitted 10 cheque and then change my mind.
The people who are really buying will not post in the forum until they have got the unit.
Regulators
26-06-13, 12:05
i thought CEA already scrap the blank cheque submission nonsense? didnt know it is still going on :doh:
Autumnwinds
26-06-13, 12:07
but I tot by purchasing BR liao, yr option was alrdy closed? :tongue3:
or u mean if J Gateway is suitable, u intends to hoot 2 condo at 1 go?!?! :scared-1:
Of course if the actual pricing is below the indicative and what i expect it to be I would hoot. But J gateway definitely not for own stay la. :D
Placed a cheque with my agent for the J Gateway. Still not sure if I should go ahead. Was thinking of buying the larger units, but after studying the conditions, I am getting cool feet.
Cons
- Jurong developement need roughly 10 years to come into full swing.
.
actually why is it a bad thing to buy a project that you know will have 10 years of development plan ahead?
Autumnwinds
26-06-13, 12:09
submitting blanket cheque at this stage doesnt mean anything. If you dont turn up for balloting, agent also LL.
Also how can you be sure he submitted a cheque? I could say I submitted 10 cheque and then change my mind.
The people who are really buying will not post in the forum until they have got the unit.
Did you submit 10 cheques?
They received 1300+ cheques lei. How can it be everyone so eager to buy a unit. Submit first, if on the day itself is to my liking, then wont lose out ma
[quote=Ringo33]I am guessing a theme park to be build at the former tang dynasty site and it will most likely be funded by one of the casino player in Singapore. perhaps Genting.
And this will eventually transform the entire Lakeside district into a popular tourist attractions. Over at lakeside village, sure it will be like another CQ, with seafood restaurants, bars etc.[/quot
Yah, I agreed, sure happen, but casino I dun think so.... Sure Kana complain chia lar chia lar because Former Tang Dyns very near to Commenwealth and Jurung sec school.
Of course if the actual pricing is below the indicative and what i expect it to be I would hoot. But J gateway definitely not for own stay la. :D
but got ppl buy 4 bedder to invest meh? den absd leh ... :tsk-tsk:
Autumnwinds
26-06-13, 12:23
but got ppl buy 4 bedder to invest meh? den absd leh ... :tsk-tsk:
Aiyo, I expressed interest for 4bedder but if on the day itself I decide to buy something else will they turn me down?
ABSD will always be there la, I dont foresee it to removed/decrease anytime soon.
Regulators
26-06-13, 13:41
J gateway is 99yr, not freehold, that it why.
actually why is it a bad thing to buy a project that you know will have 10 years of development plan ahead?
J gateway is 99yr, not freehold, that it why.
I would rather take a LH project in an area like JLD than some FH property in some ulu place without any future development plan. Actually if you look at the older project around JE, almost all of them are now selling at record price due to the development in JLD.
Thats a fact, you can go look up URA database.
Regulators
26-06-13, 14:34
the whole country has gone up, not just jurong. now u can buy a district 9 freehold property at the same price, u should seize the opportunity, this is my sincere advice to you as i do not like to see people getting into trouble with their investment.
can still back out as it is still not too late. A project like mackenzie 88 is a better investment proposition for you in terms of budget if that is ur concern. can u imagine what the price of that apartment will shoot up to when j gateway sells out? J gateway is the green light for prime district to soar in price again n u do not need to wait 4 years for j gateway to complete for that to happen. you will be in a very safe position to buy a prime district property at the same price rather than threading on future uncertainty about whether j gateway price can hold.
I would rather take a LH project in an area like JLD than some FH property in some ulu place without any future development plan. Actually if you look at the older project around JE, almost all of them are now selling at record price due to the development in JLD.
Thats a fact, you can go look up URA database.
the whole country has gone up, not just jurong. now u can buy a district 9 freehold property at the same price, u should seize the opportunity, this is my sincere advice to you as i do not like to see people getting into trouble with their investment.
can still back out as it is still not too late. A project like mackenzie 88 is a better investment proposition for you in terms of budget if that is ur concern. can u imagine what the price of that apartment will shoot up to when j gateway sells out? J gateway is the green light for prime district to soar in price again n u do not need to wait 4 years for j gateway to complete for that to happen. you will be in a very safe position to buy a prime district property at the same price rather than threading on future uncertainty about whether j gateway price can hold.
up yes, only question is by how much. The waterford residences which you quoted, is 999, District 9, but the capital appreciation has only been 2.3% for the past 4 years or so, compare to say Jurong condo, which has appreciate by at least 5% or more over the last 5 years.
Instead of always thinking the CCR price is under value, perhaps you should start thinking that OCR property is getting more valuable because of decentralization effort by our government.
With the many up and coming projects at JLD, there are are less reason for the people living in the west to waste time and money going all the way to city for shopping and dining. At least an JLD, you can get to do real ice skating.
Regulators
26-06-13, 14:55
just to give you an illustration. landed properties have been stagnant for a long time and when it was time for them to move, they move up fast and fiercely and many who aspire to live in landed are now priced out. same for prime districts, when it is time for prices to move, it will move at such a pace that you will not be able to catch up. Would you rather secure a prime district property now or wait a couple of years and think back why hadnt you invested in it. Although i do not particularly like mackenzie 88, i can buy at this price and sleep with a soft pillow knowing i have j gateway to back my valuation. j gateway buyers are not just acting as support for prime pty owners, they are also a springboard for prime district owners to sell higher. I am the only one in this forum that would share this with you, many who own prime districts in this forum are just sitting at the sidelines waiting for j gateway buyers to take the plunge. You get my point now?
up yes, only question is by how much. The waterford residences which you quoted, is 999, District 9, but the capital appreciation has only been 2.3% for the past 4 years or so, compare to say Jurong condo, which has appreciate by at least 5% or more over the last 5 years.
Instead of always thinking the CCR price is under value, perhaps you should start thinking that OCR property is getting more valuable because of decentralization effort by our government.
With the many up and coming projects at JLD, there are are less reason for the people living in the west to waste time and money going all the way to city for shopping and dining. At least an JLD, you can get to do real ice skating.
Instead of always thinking the CCR price is under value, perhaps you should start thinking that OCR property is getting more valuable because of decentralization effort by our government.
I agree with u, OCR is getting valuable due to efforts of govt. one gd eg will be tampines.
over/under priced is very relative & is conclusive at a particular point in time only.
3 mths ago, I purchased a RCR unit at $13xx psf n tat was expensive. Now after I compare with J gateway pricing I found tat I hv gotten a gd deal.
When OCR value increases so much tat the gap between OCR & CCR is very narrow, CCR will seems relatively cheap/underpriced. So ppl will chiong for prime districts cos CCR will always be CCR.
just to give you an illustration. landed properties have been stagnant for a long time and when it was time for them to move, they move up fast and fiercely and many who aspire to live in landed are now priced out. same for prime districts, when it is time for prices to move, it will move at such a pace that you will not be able to catch up. Would you rather secure a prime district property now or wait a couple of years and think back why hadnt you invested in it. Although i do not particularly like mackenzie 88, i can buy at this price and sleep with a soft pillow knowing i have j gateway to back my valuation. j gateway buyers are not just acting as support for prime pty owners, they are also a springboard for prime district owners to sell higher. I am the only one in this forum that would share this with you, many who own prime districts in this forum are just sitting at the sidelines waiting for j gateway buyers to take the plunge. You get my point now?
I think you are over stretching yourself by linking this discussion to landed property.
dont need to justify what you say. Lets just revisit this discussion 3 to 4 years from now and then we can say if your theory is right.
CCR prices seems to be losing out steam..
CCR prices seems to be losing out steam..
not losing steam, its just there are lack of new launches.
out of sight out of mine.
yiguang2001
26-06-13, 20:18
I guess the issue of concern is the mindset of old jurong.. How about if jurong is on the way to create a premium price bracket of its own just like those prime district.
Well, in near term Jurong is still technically "old" Jurong. MNCs and developments don't appear overnight. This is why property consultants gave the ten year mark. You need to hold the property for roughly ten years till operations and business activity are up and running. I have worked in MNC built-up operations before. The first phase of the built up tend to be made up of local stuff with a very few foreign executives. This is how they save cost. When the built up phase is done, the MNCs start firing workers in Europe or US and move their valued foreign talents here.
Can you survive rental earnings being lower than your loan? This is how I got my 2.6% interest rate. If interest rate climbs to 2.6%, my loan will break even with the rental commanded from this current existing "old" tenant pools.The tenant pools is technically still "old" Jurong tenant pool in the near term. NTU foreign students, tuas executives,....
Rental = loan+ condo conservancy charges + property tax
(By the way, everybody's variables are different, so please do your own calculation. No point using my calculations.)
If the plan is to get some high powered MNC executive as tenant at around 2016, I have my doubts. If I get this property, I will set aside six months worth of liquidity to buffer shocks.
Who will buy my unit for 1700-2000psf is also a very good question?
It all comes down to your own risk appetite.
Those petroleum employee in west side very the rich one:D
yiguang2001
26-06-13, 20:42
Those petroleum employee in west side very the rich one:D
My friend working there. Mostly Singaporean or cheaper labour. MNC want to save cost. Paid is good that's true, but Singaporean seldom rent. My friend is a Singaporean, his managers are also Singaporeans. Good for Singapore. Not so good for high priced condos.
My friend working there. Mostly Singaporean or cheaper labour. MNC want to save cost. Paid is good that's true, but Singaporean seldom rent. My friend is a Singaporean, his managers are also Singaporeans. Good for Singapore. Not so good for high priced condos.
Rent to house their B2:D
Allthepies
26-06-13, 20:54
Ha ha go buy east la, a lot of people want to rent there.
But seriously i have no problems finding tenants, all high rent paying ones... Ha ha let me share share: my tenants ang mo from petroleum company in jurong island, Korean scientists from bio-polis...
Of course no fight for CBD la... But many jobs in the west
There seems to be alot of discussion on the $1600 psf, but hasn't it become a quantum game for some time now? For investors, rental yield of > 4% seems decent.
Autumnwinds
26-06-13, 21:46
Those petroleum employee in west side very the rich one:D
My friend working in shell(chem engineer) guaranteed bonus 4months lei.
Well, in near term Jurong is still technically "old" Jurong. MNCs and developments don't appear overnight. This is why property consultants gave the ten year mark. You need to hold the property for roughly ten years till operations and business activity are up and running. I have worked in MNC built-up operations before. The first phase of the built up tend to be made up of local stuff with a very few foreign executives. This is how they save cost. When the built up phase is done, the MNCs start firing workers in Europe or US and move their valued foreign talents here.
Can you survive rental earnings being lower than your loan? This is how I got my 2.6% interest rate. If interest rate climbs to 2.6%, my loan will break even with the rental commanded from this current existing "old" tenant pools.The tenant pools is technically still "old" Jurong tenant pool in the near term. NTU foreign students, tuas executives,....
Rental = loan+ condo conservancy charges + property tax
(By the way, everybody's variables are different, so please do your own calculation. No point using my calculations.)
If the plan is to get some high powered MNC executive as tenant at around 2016, I have my doubts. If I get this property, I will set aside six months worth of liquidity to buffer shocks.
Who will buy my unit for 1700-2000psf is also a very good question?
It all comes down to your own risk appetite.
Do you really need to wait for 10 years? I dont think so. Just look at how much the property and rental prices in Jurong has climbed since the announcement of JLD masterplan in 2008.
As for MNC, there are already many MNCs in jurong area, for example in IBP, they have Acer, Sony, M+W Zander, Mobile One, Creative tech, german center, JTC etc.
And the first major tenant moving into the new Jurong Gateway will be Capitaland, so there is no need to wait 10 years, because they are consolidating their offices around Singapore into Westgate; all under one roof. Then they will follow by Ministry of National Development, BCA and AVA and then the 1100 bed Jurong community and NTF hospital, and then the 4 star hotel from Genting.
My friend working there. Mostly Singaporean or cheaper labour. MNC want to save cost. Paid is good that's true, but Singaporean seldom rent. My friend is a Singaporean, his managers are also Singaporeans. Good for Singapore. Not so good for high priced condos.
Can you share with use your number in your calculation?
By my own humble calculation, if interest rate hit higher than 2.6%, I will have to chip in after rental. If I have rental!
My feng shui master said West dragon is a shallow-lying dragon, while central and south dragons are deep-lying dragons, so unless super deep tunnelling is done, central and south dragons not affected by MRT tunnelling yet (as compared to West dragon).
How about other dragons? Will they be injured by non stop tunneling of new mrt lines.... :rolleyes:
Originally Posted by teddybear
I heard from my feng shui master that Singapore have 5 dragons, located in Central, East, North, South, and West. However, the Western dragon was dead because of the persistent toxic air and smokes, and super deep underground drilling for the deep underground caverns, which had killed the Western dragon. :beats-me-man:
How is your Crapbelle doing nowsday?
Do you really need to wait for 10 years? I dont think so. Just look at how much the property and rental prices in Jurong has climbed since the announcement of JLD masterplan in 2008.
As for MNC, there are already many MNCs in jurong area, for example in IBP, they have Acer, Sony, M+W Zander, Mobile One, Creative tech, german center, JTC etc.
And the first major tenant moving into the new Jurong Gateway will be Capitaland, so there is no need to wait 10 years, because they are consolidating their offices around Singapore into Westgate; all under one roof. Then they will follow by Ministry of National Development, BCA and AVA and then the 1100 bed Jurong community and NTF hospital, and then the 4 star hotel from Genting.
How is your Crapbelle doing nowsday?
I think you must have mistaken me for someone else. I live in HDB flat lah.
My feng shui master said West dragon is a shallow-lying dragon, while central and south dragons are deep-lying dragons, so unless super deep tunnelling is done, central and south dragons not affected by MRT tunnelling yet (as compared to West dragon).
Originally Posted by teddybear
I heard from my feng shui master that Singapore have 5 dragons, located in Central, East, North, South, and West. However, the Western dragon was dead because of the persistent toxic air and smokes, and super deep underground drilling for the deep underground caverns, which had killed the Western dragon. :beats-me-man:
Dragons are meant to soar above the sky, not deep beneath the earth. Else people might mistaken it as earth worms rather than dragons.
Autumnwinds
27-06-13, 00:09
My feng shui master said West dragon is a shallow-lying dragon, while central and south dragons are deep-lying dragons, so unless super deep tunnelling is done, central and south dragons not affected by MRT tunnelling yet (as compared to West dragon).
Originally Posted by teddybear
I heard from my feng shui master that Singapore have 5 dragons, located in Central, East, North, South, and West. However, the Western dragon was dead because of the persistent toxic air and smokes, and super deep underground drilling for the deep underground caverns, which had killed the Western dragon. :beats-me-man:
Is the west dragon responsible for all the sink holes that have been appearing?? Eg clementi :D
phantom_opera
27-06-13, 09:07
This project very suay ... prelaunch kena shit from Bernanke and PBOC but lower quantum compared to SH will at least ensure a better initial sales
This project very suay ... prelaunch kena shit from Bernanke and PBOC but lower quantum compared to SH will at least ensure a better initial sales
I think it will be a sell out if it maintains the indicative psf.
This project very suay ... prelaunch kena shit from Bernanke and PBOC but lower quantum compared to SH will at least ensure a better initial sales
If this market still can sell, wat does it mean?!! Hahaha, Y tan next life then can buy,
Official launch tomorrow?
Issit still crowded today? Last week went jCube, saw many agents having makan there.
does anyone know the number of car park lots for this development? maintenance fees?
Where come to the future.
http://img545.imageshack.us/img545/775/ovc2.jpg
http://img29.imageshack.us/img29/4604/n6xb.jpg
does anyone know the number of car park lots for this development? maintenance fees?
Per http://jgatewaycondo.sg/specifications/,
Carpark Lots: 595 & 5 Handicapped out of 738 units
Per http://jgatewaycondo.sg/specifications/,
Carpark Lots: 595 & 5 Handicapped out of 738 units
1 bedder no parking lot?
1 bedder no parking lot?
Potential buyers tmr pls ask hard question on how the lots are allocated if
the specification is true.
why do you need a car park when it is so near the mrt, moreover this is a VILLAGE. people dont travel out of the VILLAGE.
Still not comfortable with the MRT viaducts and the interchange...
Noise level will be high too
http://i1220.photobucket.com/albums/dd458/ecimbew/jem.jpg
why do you need a car park when it is so near the mrt, moreover this is a VILLAGE. people dont travel out of the VILLAGE.
er... why do people drive when they can take public transport?
- prestige
- convenience
- lazy
- work-related reasons
many shoppers felt lazy to walk to jcube, after JEM they take the train home.
why do you need a car park when it is so near the mrt, moreover this is a VILLAGE. people dont travel out of the VILLAGE.
The place you are travelling to may not be near mrt?
the time you are travelling during may not be within mrt operating hours?
and so forth...
:doh:
1 bedder no parking lot?
Is this a guess?
Has allocation been done on this basis in any other developments?
Still not comfortable with the MRT viaducts and the interchange...
Noise level will be high too
this is a SIX platform interchange. who wants to stay there?
The place you are travelling to may not be near mrt?
the time you are travelling during may not be within mrt operating hours?
and so forth...
:doh:
JLD has EVERYTHING, so they say. why do you need to travel out of the VILLAGE?
this is a SIX platform interchange. who wants to stay there?
there will be another 2 more platform underground when JRL is completed. So there will be future demand from NTU students and lecturer as well.
The Estuary, located at a 6 lane road junction. those facing main road already KPKB. this one more fire power!
Regulators
27-06-13, 17:14
Wife to Ringo33 on 10th wedding anniversary: 'Let's go MBS for our candlelight dinner and take a nice stroll along the Esplanade after that, shall we?'
Ringo to wife: 'What for? We have everything in jurong n we can go for a walk in Chinese garden after candlelight meal at JEM.'
Wife to Ringo with a red face: 'You can have dinner yourself!!!'
:doh: :doh:
JLD has EVERYTHING, so they say. why do you need to travel out of the VILLAGE?
Why do you even need MRT in village since you can just walk within village?
why do you need a car park when it is so near the mrt, moreover this is a VILLAGE. people dont travel out of the VILLAGE.
Wife to Ringo33 on 10th wedding anniversary: 'Let's go MBS for our candlelight dinner and take a nice stroll along the Esplanade after that, shall we?'
Ringo to wife: 'What for? We have everything in jurong n we can go for a walk in Chinese garden after candlelight meal at JEM.'
Wife to Ringo with a red face: 'You can have dinner yourself!!!'
:doh: :doh:
thanks for the suggestion. In fact, when Genting hotel and Lakeside village is ready, I will go there for my anniversary.
MBS? me and wife goes there for corporate function all the time, what so special about the place? Take photos so that you can show off on facebook huh?
Here's more from Maybank:
Jurong’s big enough for all. With the recent grand opening of Lend Lease’s JemTM mall in Jurong Gateway, we visited CMT’s JCube and IMM over the weekend to see how they are faring in the face of new competition. We came away encouraged that footfalls at CMT’s malls remain healthy, and we believe that the population catchment in Jurong is large enough to sustain yet another mall in the neighbourhood in the form of CMT’s upcoming Westgate Mall. Reiterate BUY, Street-high target price maintained at SGD2.45.
Mild impact on IMM and JCube. Lend Lease’s JemTM opened on 15 Jun with much fanfare. We saw throngs of shoppers during our visit over the past weekend. On the same day at IMM, we noted that shopper traffic remained healthy. Despite its ample parking space of 1,290 lots, it still took us ~20 mins to enter the garage and find a parking space. IMM’s recent adjustment of tenant mix to include more factory outlets appears to be paying off as it offers something different from the run-of-the-mill malls. Over at JCube, its main crowd-puller – the Olympic-sized ice-skating rink, remained a popular attraction.
Westgate Mall unlikely to be one mall too many. Westgate Mall is already >60% pre-committed ahead of its completion at the end of this year, adding another 420,000 sq ft of retail NLA to meet the demands of the region’s population catchment of ~1m people. In addition, visitors to the upcoming 700-bed Ng Teng Fong Hospital and the office workers at the office towers of Westgate and JemTM will provide additional shopper traffic for the four malls. As the Jurong Lake District grows in importance as a regional commercial hub, we are confident the four malls can co-exist symbiotically to serve the large population. We expect CMT’s three malls in Jurong to contribute to ~19% of the portfolio’s NPI on a stabilized basis.
Limited impact from potentially higher rates. We reviewed the potential impact of borrowing costs on CMT’s DPU and found the impact to be minimal. 93% of CMT’s borrowings are on fixed rates with a fairly long average term to maturity of four years. Hence, our sensitivity analysis shows that for every 50 bps increase in the SIBOR, CMT’s FY14F DPU will only be impacted marginally by -0.3%.
With the noise around jurong gateway, is it a worth to buy a 1 orb2 bedder? Tom is the launch? Are the banks confirm coming to jurong? Standard chartered or DBS who knows?
With the noise around jurong gateway, is it a worth to buy a 1 orb2 bedder? Tom is the launch? Are the banks confirm coming to jurong? Standard chartered or DBS who knows?
Standard Chartered maybe, DBS should be confirmed there as usual together with the OCBC and UOB
Regulators
27-06-13, 22:27
Go for a better district
With the noise around jurong gateway, is it a worth to buy a 1 orb2 bedder? Tom is the launch? Are the banks confirm coming to jurong? Standard chartered or DBS who knows?
Who wanna guess the sales figure for JGateway for this wk? I think around 30%. This is one every decade launch in Jurong east, confirm got many angry buyers. Why angry buyers? those pple staying in humble HDB in jurong east save 20yrs never hoot anything.. money keep piling up in banks earning 0 interest n eaten by inflation. Worse still if they never play stocks, imagine how angry they are at their money eroding. Then suddenly one new condo in every decade suddenly launch and unleash all their anger n helplessness because if dun hoot now, wait till old no chance riaox. It is not they dun wanna hoot other areas but probably they just wanna buy somewhere near parents or upgrade to condo status (after seeing other pple huating and buy n selling during the gd yrs while they still save and save) but still wanna within the same vicinity
Go for a better district
bukit batok??
bukit batok??
Sounds gd. Afterall got 400 years Internation Schl with 2500 students opening at BB next yr. Int. schl waiting list long long.. sure got ang mohs many many come BB
At least S$1600 psf for 1 bedder &/or 2 bedders?
Who wanna guess the sales figure for JGateway for this wk? I think around 30%. This is one every decade launch in Jurong east, confirm got many angry buyers. Why angry buyers? those pple staying in humble HDB in jurong east save 20yrs never hoot anything.. money keep piling up in banks earning 0 interest n eaten by inflation. Worse still if they never play stocks, imagine how angry they are at their money eroding. Then suddenly one new condo in every decade suddenly launch and unleash all their anger n helplessness because if dun hoot now, wait till old no chance riaox. It is not they dun wanna hoot other areas but probably they just wanna buy somewhere near parents or upgrade to condo status (after seeing other pple huating and buy n selling during the gd yrs while they still save and save) but still wanna within the same vicinity
Compare the situation for JCondo with City Square.Then it was selling before official launch 500psf now 1bedder more than a mill. Then, many said the place was over crowded, the mall will never pickup. However fwd now, those who bought then have a higher quantum leap. So it's wise to grow your property together with the development. However, this is of course if this is for pure investment.
Regulators
27-06-13, 23:45
City square is a freehold condo next to mrt, very rare. 99yr condos next to mrt is aplenty
Compare the situation for JCondo with City Square.Then it was selling before official launch 500psf now 1bedder more than a mill. Then, many said the place was over crowded, the mall will never pickup. However fwd now, those who bought then have a higher quantum leap. So it's wise to grow your property together with the development. However, this is of course if this is for pure investment.
Autumnwinds
28-06-13, 00:30
Compare the situation for JCondo with City Square.Then it was selling before official launch 500psf now 1bedder more than a mill. Then, many said the place was over crowded, the mall will never pickup. However fwd now, those who bought then have a higher quantum leap. So it's wise to grow your property together with the development. However, this is of course if this is for pure investment.
Pity that citylights is selling at a higher psf than city square despite the 99LH vs freehold.
Sounds gd. Afterall got 400 years Internation Schl with 2500 students opening at BB next yr. Int. schl waiting list long long.. sure got ang mohs many many come BB
The location of the int school at BB West is around 1.3km away from Chinese Garden MRT station and there should be MRT station in BB west that connects to Jurong East MRT station via Jurong Region Line. I am sure this will help elevate JLD as an attractive location for MNCs.
Who wanna guess the sales figure for JGateway for this wk? I think around 30%. This is one every decade launch in Jurong east, confirm got many angry buyers. Why angry buyers? those pple staying in humble HDB in jurong east save 20yrs never hoot anything.. money keep piling up in banks earning 0 interest n eaten by inflation. Worse still if they never play stocks, imagine how angry they are at their money eroding. Then suddenly one new condo in every decade suddenly launch and unleash all their anger n helplessness because if dun hoot now, wait till old no chance riaox. It is not they dun wanna hoot other areas but probably they just wanna buy somewhere near parents or upgrade to condo status (after seeing other pple huating and buy n selling during the gd yrs while they still save and save) but still wanna within the same vicinity
property investors who are being marginalized by the CMs and especially loan limit and tenure, are now focusing their attention on compact size apartment with smaller quantum. Hence psf is no longer a deterrent factor in today's market, even for OCR property.
Eg. the recent transaction of a 1 bedder at Echelon hit a record price of $2474psf and it was bought by HDB addressee, so is a 1 bedder unit at The Clift which was sold at $2424psf.
So a for a unique project like J gateway, it will be very hard for these group of investors to ignore. The market is a little confuse at the moment as many find it hard to stomach $1600psf for Jurong property, but very soon, they will get used to it.
Just a word of caution to REAL buyers
Read these conversations with a pinch of salt.
Be aware of who are giving agent-talks
Form your own opinion
http://emob736.photobucket.com/albums/xx6/Frozenith/Everywhere%20MEME/EverywhereMEME-Agents.gif
Who wanna guess the sales figure for JGateway for this wk? I think around 30%. This is one every decade launch in Jurong east, confirm got many angry buyers. Why angry buyers? those pple staying in humble HDB in jurong east save 20yrs never hoot anything.. money keep piling up in banks earning 0 interest n eaten by inflation. Worse still if they never play stocks, imagine how angry they are at their money eroding. Then suddenly one new condo in every decade suddenly launch and unleash all their anger n helplessness because if dun hoot now, wait till old no chance riaox. It is not they dun wanna hoot other areas but probably they just wanna buy somewhere near parents or upgrade to condo status (after seeing other pple huating and buy n selling during the gd yrs while they still save and save) but still wanna within the same vicinity
My guess on first day of VVIP:
90-100% for 1-bedders
70-80% for 2-bedders
50-70% for 3-bedders
30-50% for 4-bedders
At least S$1600 psf for 1 bedder &/or 2 bedders?
$1650 psf is the minimum. I think around $1800 psf on average for 1-bedder.
Allthepies
28-06-13, 07:31
50% chance of winning. it would have been higher if not for the current peakish market situation. but if horizon is 10-15years than prob of winning increase to 80%.
Allthepies
28-06-13, 07:42
the reason for 80% is that in a well managed growth driven economy, property price surges in the long run. the 20% chance tat u lose money is that singapore may choose a less growth driven or there is serious mismangement or both. there a chance tat the current party fails or another super party change the focus of economy growth.
$1650 psf is the minimum. I think around $1800 psf on average for 1-bedder.
Abit on high side..
Assuming investor buying with absd plus 4% annual appreciation in psf for 5 years: it would be close to 2200psf!!! 2200 for JLD?
Compare the situation for JCondo with City Square.Then it was selling before official launch 500psf now 1bedder more than a mill. Then, many said the place was over crowded, the mall will never pickup. However fwd now, those who bought then have a higher quantum leap. So it's wise to grow your property together with the development. However, this is of course if this is for pure investment.
You know where is City Square and where is JCondo?
Not all districts are identified as growth area and under masterplan. This sets them apart.
Just a word of caution to REAL buyers
Read these conversations with a pinch of salt.
Be aware of who are giving agent-talks
Form your own opinion
http://emob736.photobucket.com/albums/xx6/Frozenith/Everywhere%20MEME/EverywhereMEME-Agents.gif
wah! 一言惊醒睡梦人 :up-yours:
tink one shd buy only if they feel tat the price is right, not becos everyone else is buying.
I suppose many potential buyers have the same 矛盾 feeling here. on one hand feel tat J Gateway is way overpriced; on the other hand feel that if so many developers can be fighting and be so confident of it, scared will 走宝 if did not buy.
Whichever way it goes this weekend... 1bedder OCR price expectation benchmark sure will be refreshed with new record. The whole market will be beyond distortion and new paradigm wrt relevance of CCR RCR and OCR definition will arrive.
Regulators
28-06-13, 10:37
You think the people living in nassim, coronation, grange rd n river valley really give two hoots about growth in their area? I think they would rather have their areas left alone
Not all districts are identified as growth area and under masterplan. This sets them apart.
This is the project that will ride on the potential upside of JLD masterplan.
anyone back fm the vvip? how's the selling price like?
You think the people living in nassim, coronation, grange rd n river valley really give two hoots about growth in their area? I think they would rather have their areas left alone
actually this is quite true. ppl love the peace.
in HK most of the luxury mansions are far far away from MTR , for a reason
So true. May be not say far far away (could be say at least 500m away), but luxury properties definitely won't be directly on top or beside MRT station (the latter are more "convenient" rather than luxurious as such location tends to be too crowded and too noisy and too cramp for living comfort).
actually this is quite true. ppl love the peace.
in HK most of the luxury mansions are far far away from MTR , for a reason
Originally Posted by Regulators
You think the people living in nassim, coronation, grange rd n river valley really give two hoots about growth in their area? I think they would rather have their areas left alone
Allthepies
28-06-13, 13:04
ha ha people now comparing mass market condo with luxury condo. mass market people like me prefer near mrt, market,shopping centre,coffeeshop,fast food. Luxury people prefer secluded area, cos they have maids to serivce them,got cars to move around...
just got a call from a friend, #6-X, 2br, 603sf, $1424psf. This price would be a sold out.
just got a call from a friend, #6-X, 2br, 603sf, $1424psf. This price would be a sold out.
Oh...this price is discounted?
Well...I believe MCL probably awares Crashing is coming. MCL wants to cash in advance of a crash.
no lah, I'm not comparing, just echoing some sentiments expressed by a member.
every area has its investment value. I watched this project with keen interest. I personally will not buy it, but I am curious to see if ppl bite. Squeezed between a MRT track and noisy road, in far far away industrial town traditionally even worse than Punggol, without the JLD story no one would even think about this. Now just as another member said, u have this wonderful grand plan which seems real, plus ppl are looking at bite size projects and are hungry for yields. More over all the HDB upgraders in Jurong can finally see something within reach after a decade. And developer capitalizing on this and deliver a design fitting such purpose exactly. All signs point to a successful launch if I would guess.
They are thinking to sell at 1650 and hoping still have sucker in the market to buy it.. but maybe after the feedback from the agents that there are not more such sucker.. so have to reduce price or else they fail to sell a good number in the starting days of the launch, this launch will be a flop...
ha ha people now comparing mass market condo with luxury condo. mass market people like me prefer near mrt, market,shopping centre,coffeeshop,fast food. Luxury people prefer secluded area, cos they have maids to serivce them,got cars to move around...
one is life, the other is lifestyle.
Autumnwinds
28-06-13, 13:23
Oh...this price is discounted?
Well...I believe MCL probably awares Crashing is coming. MCL wants to cash in advance of a crash.
Probably DIRECT facing of the mrt track. 6 floor is roughly the height of it
They are thinking to sell at 1650 and hoping still have sucker in the market to buy it.. but maybe after the feedback from the agents that there are not more such sucker.. so have to reduce price or else they fail to sell a good number in the starting days of the launch, this launch will be a flop...
Hi...with the imminent raising interest rates. The J Gateway will be the gateway to people's downfall.
You think the people living in nassim, coronation, grange rd n river valley really give two hoots about growth in their area? I think they would rather have their areas left alone
please dont over stretch yourself by comparing J Gateway to landed property, because its make no sense and its pointless.
just got a call from a friend, #6-X, 2br, 603sf, $1424psf. This price would be a sold out.
tat means the 1 bedder shd be around $1500psf lor. nvr expect the discount to be so attractive!
Probably DIRECT facing of the mrt track. 6 floor is roughly the height of it
Sorry, forgot to mention. It is facing the opposite of MRT, the HDB, IMM and road side. I am not sure. Just heard he mentioned all of them.
Probably DIRECT facing of the mrt track. 6 floor is roughly the height of it
alamak! :doh: how come u sounded so sour grapes? u mean u nvr turn up at the showflat today after throwing in a blank chq ar?! :tongue3:
Hi...with the imminent raising interest rates. The J Gateway will be the gateway to people's downfall.
so, $1400psf you will not buy either?
Probably DIRECT facing of the mrt track. 6 floor is roughly the height of it
Hi...thanks for sharing insight; the risk of raising interest does carry some negative signals to the market. As one forummer points out - stock market is a reflection of consumer's thought and trending. In short, property market will be lagging for approximately 06 months.
Recent correction is no mere concidental but merely engineered to signal all speculators that crashing is nearing.
Good news!
Autumnwinds
28-06-13, 13:29
alamak! :doh: how come u sounded so sour grapes? u mean u nvr turn up at the showflat today after throwing in a blank chq ar?! :tongue3:
My number 1k+ lei.
so, $1400psf you will not buy either?
I am looking at Mt Sinai.
I do not have maid, but I am aiming for quality lifestyle.
Probably DIRECT facing of the mrt track. 6 floor is roughly the height of it
Estimate by next door HDB?
My number 1k+ lei.
means wat? u r still waiting for the balloting?
I am looking at Mt Sinai.
I do not have maid, but I am aiming for quality lifestyle.
Continuing talking about it, its free and recession proof.
Autumnwinds
28-06-13, 13:34
means wat? u r still waiting for the balloting?
Wait for agent to call la, I'm not gan-chiong to buy
Two bedroom all sold out
Wow. That's impressive compared to Hill View Peak.
One is Gateway to Jail.
One is Hill view to PEAK (in pricing).
Many will fall in Q3 and Q4 of the year.
Autumnwinds
28-06-13, 13:43
Two bedroom all sold out
Compact, suites and SOHO? :eek:
Wow. That's impressive compared to Hill View Peak.
One is Gateway to Jail.
One is Hill view to PEAK (in pricing).
Many will fall in Q3 and Q4 of the year.
I think you must be very feduppppp...., crying in tears!!! why like tat..... hiding your fustrations, using words like Jail and Peak, hahhahaaa:tongue3: :tongue3: :tongue3: :tongue3:
Interestingly, the q number only gives u priority for ballot lucky draw.
Interestingly, the q number only gives u priority for ballot lucky draw.
so you are there? what is the psf then?
Wait for agent to call la, I'm not gan-chiong to buy
if u r getting a big unit, high chance u will still get yr desired choice. usually vvip less den 50% sold n mostly sold out de r 1 & 2 bedder wor ...
Looking forward to 1 day sellout of typical units.. high chance now.. thk more than 60% sold as of now and the tentage is still full of waiting crowd
Allthepies
28-06-13, 13:55
Two bedroom all sold out
all? that good news for jurong people !!!! :D:D:D
700++ units and queue numbers over 2000, meaning 3 times oversubscribed.
Was at the showflat today, didn't even have a bludy seat, barely squeezed myself through the door of the tent and had to stand for nearly two hours, near the door. Damn fed up, so I told the pple there forget it, gimme back my cheque, and merrily tore it away. Am not the sort who'll queue for Hello Kitty :tongue3:
Allthepies
28-06-13, 14:00
Looking forward to 1 day sellout of typical units.. high chance now.. thk more than 60% sold as of now and the tentage is still full of waiting crowd
are all stacks and units released? 60% sold refer to all stacks and units? thanks
700++ units and queue numbers over 2000, meaning 3 times oversubscribed.
Was at the showflat today, didn't even have a bludy seat, barely squeezed myself through the door of the tent and had to stand for nearly two hours, near the door. Damn fed up, so I told the pple there forget it, gimme back my cheque, and merrily tore it away. Am not the sort who'll queue for Hello Kitty :tongue3:
your school holiday past time?
I already mentioned this before the launch today.. there area many ANGRY buyers and this is what is happening on the street. Angry n helpless and emotionally drain and standing under the hot sun just make things worse...
Now most pple there just cant wait to chop chop settle, submit check sign otp and kin get out of warzone and return back home after hooting 1x unit to calm their anger accumulated over the years
Anyone want to guess what is tomorrow's headline on Straits Time?
anger pours into the private... this is amazing...
I have always wondered if there are really so many people in need of a basic roof over their heads. I guess it's more for investment and perhaps for their children who could not afford. Singapore is getting interesting.
Anyone want to guess what is tomorrow's headline on Straits Time?
haha... no need to guess la. Editor will need to seek approval in view of public panic.
congrats to all the buyers!
another great buy from mcl after ripple bay
Keywords: Anger, panic, units flying off the shelf...
Anyone want to guess what is tomorrow's headline on Straits Time?
STRAITS TIME
Haze does not turn angry buyers away from J Gateway VVIP launch :D
haha... no need to guess la. Editor will need to seek approval in view of public panic.
ST has been whoring for developers and property agents ever since they launch the ST property website. Sure they will do them good.
700++ units and queue numbers over 2000, meaning 3 times oversubscribed.
Was at the showflat today, didn't even have a bludy seat, barely squeezed myself through the door of the tent and had to stand for nearly two hours, near the door. Damn fed up, so I told the pple there forget it, gimme back my cheque, and merrily tore it away. Am not the sort who'll queue for Hello Kitty :tongue3:
This Hello Kitty has a hidden diamond inside.
I din expect demand to be so strong. It could be the next Caspian effect.
princess_morbucks
28-06-13, 14:40
http://www.stproperty.sg/articles-property/singapore-property-news/strong-demand-ahead-of-j-gateway-condo-launch/a/125260
MCL Land's J Gateway condominium in Jurong East will be launched for sale to the public only tomorrow, but already, prospective buyers have showed up at its two-week-old showflat and plonked down 1,400 blank cheques to signal their interest.
These are for the 738 units in the development.
Property cooling measures or no, the clamour for this first condominium to be launched near Jurong East MRT station in 10 years is loud and clear.
And it is not as if the units in the 99-year leasehold project will go cheap; prices are expected to hit a record high for the area.
When contacted, MCL Land, a subsidiary of Hong Kong Land, declined comment.
But marketing agent Huttons has previously said that the average prices of homes in the development can be expected to range from as high as $1,650 per square foot (psf) for a 474 sq ft one-bedder to $1,450 psf for a 1,163 sq ft four- bedder.
The $1,650 psf price tag will be a record for the Jurong East area.
A source said the developer's directors were allowed to purchase units yesterday.
A one-bedroom, 474 sq ft unit on the 18th floor went for $1,617 psf; another one-bedder of this size on the 13th floor was sold at $1,477 psf.
Two-bedroom units went at between $1,453 psf for a 678 sq ft unit on the eighth floor and $1,685 psf for a 28th-storey unit of the same size.
Another source said he was told prices could hit $1,800 psf when the project opens for preview tomorrow. Balloting will start tomorrow for those who have submitted cheques for registration.
Referring to the $1,650 psf indicative price tag for some units, he said that although it will be a record, "it is not that high if you think about how some units at Keppel Land's The Lakefront Residences have changed hands at over $1,400 psf".
The Lakefront Residences, a 99-year leasehold project near Lakeside MRT station, is to obtain its temporary occupation permit (TOP) in 2015.
Some units at the recently launched 99-year leasehold The Trilinq were sold for $1,500 psf. Its website claims it is a 10-minute walk to Clementi MRT station.
BT understands that the most popular units at J Gateway are the two-bedders, said to be over five times over-subscribed.
J Gateway, located beside shopping malls JCube and Jem, has 259 one-bedders, 245 two-bedders, 181 three-bedders, 47 four-bedders and six penthouses.
It will be completed in 2016.
Felda Chay posted on 28 June.
She wrote:
A source said the developer's directors were allowed to purchase units yesterday.
[[Means it 26 June was the VVIP purchase]]
Another source said he was told prices could hit $1,800 psf when the project opens for preview tomorrow. Balloting will start tomorrow for those who have submitted cheques for registration.
[[Means she wrote the article on 27 June]]
http://www.stproperty.sg/articles-property/singapore-property-news/strong-demand-ahead-of-j-gateway-condo-launch/a/125260
MCL Land's J Gateway condominium in Jurong East will be launched for sale to the public only tomorrow, but already, prospective buyers have showed up at its two-week-old showflat and plonked down 1,400 blank cheques to signal their interest.
These are for the 738 units in the development.
Property cooling measures or no, the clamour for this first condominium to be launched near Jurong East MRT station in 10 years is loud and clear.
And it is not as if the units in the 99-year leasehold project will go cheap; prices are expected to hit a record high for the area.
When contacted, MCL Land, a subsidiary of Hong Kong Land, declined comment.
But marketing agent Huttons has previously said that the average prices of homes in the development can be expected to range from as high as $1,650 per square foot (psf) for a 474 sq ft one-bedder to $1,450 psf for a 1,163 sq ft four- bedder.
The $1,650 psf price tag will be a record for the Jurong East area.
A source said the developer's directors were allowed to purchase units yesterday.
A one-bedroom, 474 sq ft unit on the 18th floor went for $1,617 psf; another one-bedder of this size on the 13th floor was sold at $1,477 psf.
Two-bedroom units went at between $1,453 psf for a 678 sq ft unit on the eighth floor and $1,685 psf for a 28th-storey unit of the same size.
Another source said he was told prices could hit $1,800 psf when the project opens for preview tomorrow. Balloting will start tomorrow for those who have submitted cheques for registration.
Referring to the $1,650 psf indicative price tag for some units, he said that although it will be a record, "it is not that high if you think about how some units at Keppel Land's The Lakefront Residences have changed hands at over $1,400 psf".
The Lakefront Residences, a 99-year leasehold project near Lakeside MRT station, is to obtain its temporary occupation permit (TOP) in 2015.
Some units at the recently launched 99-year leasehold The Trilinq were sold for $1,500 psf. Its website claims it is a 10-minute walk to Clementi MRT station.
BT understands that the most popular units at J Gateway are the two-bedders, said to be over five times over-subscribed.
J Gateway, located beside shopping malls JCube and Jem, has 259 one-bedders, 245 two-bedders, 181 three-bedders, 47 four-bedders and six penthouses.
It will be completed in 2016.
yiguang2001
28-06-13, 14:47
Overheard some agent complaining. He said it is so unfair, one buyer bought 10% of the units.
Yah! Guess today will sold out. The 3 bedrooms are cheaper than expected though.
I already mentioned this before the launch today.. there area many ANGRY buyers and this is what is happening on the street. Angry n helpless and emotionally drain and standing under the hot sun just make things worse...
Really? Angry buyers? It was raining in the morning. Yeah, I understand, you know, after being made to stand for hours, they didn't get balloted and missed the chance.
Do not get agitated with the missing opportunities. You should feel happy as you miss the chance of crashing.
I am happy to see more people buying. More firesales available in Q3 and Q4.
You will be spoilt for choice(s).
Overheard some agent complaining. He said it is so unfair, one buyer bought 10% of the units.
Yah! Guess today will sold out. The 3 bedrooms are cheaper than expected though.
Common for hot projects, multiple-units buyer gets priority.
Overheard some agent complaining. He said it is so unfair, one buyer bought 10% of the units.
Yah! Guess today will sold out. The 3 bedrooms are cheaper than expected though.
Saw one couple from China who were in the express queue (for multiple units and penthouses). They were proceeding to make payment when I arrived - maybe they bought the 10 units. :D
yiguang2001
28-06-13, 14:54
The buyers at the balloting tent don't look angry lah. They have the bored look though. Word has spread that most of the units are gone. They are still waiting to try their luck.
I suddenly realised there r so many 1 & 2 bedders in tis project.
Saw one couple from China who were in the express queue (for multiple units and penthouses). They were proceeding to make payment when I arrived - maybe they bought the 10 units. :D
but wat's the rationale of buying so many units in a particular location when the $ is not even cheap? :beats-me-man:
yiguang2001
28-06-13, 14:58
Many are here for the two bedrooms. I was the fourth wave to enter at around 12 plus. Was told two rooms all sold when we entered. Left 1 br and 3 br.
Many are here for the two bedrooms. I was the fourth wave to enter at around 12 plus. Was told two rooms all sold when we entered. Left 1 br and 3 br.
3br how much?
yiguang2001
28-06-13, 15:04
For the 3 br facing the hospital, you can get level 19 at around 1.25 million. 873 sq ft.
For the 3 br facing j cube, 1.25 million is around level 10. 947sq ft.
Not that bad!
Do not get agitated with the missing opportunities. You should feel happy as you miss the chance of crashing.
I am happy to see more people buying. More firesales available in Q3 and Q4.
You will be spoilt for choice(s).
:tsk-tsk: :tsk-tsk: :tsk-tsk: MTB let wait n see :rolleyes: !
Btw, your prediction is always..:banghead: :banghead: :banghead: !
yiguang2001
28-06-13, 15:08
5k deduction per level.
For the 3 br facing the hospital, you can get level 19 at around 1.25 million. 873 sq ft.
For the 3 br facing j cube, 1.25 million is around level 10. 947sq ft.
Not that bad!
$1320 to 1430psf will be the norm for Jurong condo.
For the 3 br facing the hospital, you can get level 19 at around 1.25 million. 873 sq ft.
For the 3 br facing j cube, 1.25 million is around level 10. 947sq ft.
Not that bad!
how can 873sqft be 3 bedroom ? nowadays , really rip off
$1320 to 1430psf will be the norm for Jurong condo.
$1400 psf for 3 bedders is not as expensive as I thought. No wonder so many people went ahead to buy.
Many are here for the two bedrooms. I was the fourth wave to enter at around 12 plus. Was told two rooms all sold when we entered. Left 1 br and 3 br.
You bought?
yiguang2001
28-06-13, 15:16
$1320 to 1430psf will be the norm for Jurong condo.
That is only for 3 br. 2 br quantum will be high. SOHO units are around 1500psf.
how can 873sqft be 3 bedroom ? nowadays , really rip off
It's ridiculously small after excl the balcony and a/c. No place to walk in bedroom after putting the bed.
yiguang2001
28-06-13, 15:20
You bought?
Hehe, what do you think?
That is only for 3 br. 2 br quantum will be high. SOHO units are around 1500psf.
2br psf will be higher lah not quantum.
1350psf should be the base price for this project. What do you think will be the record price? 1900psf ??
Regulators
28-06-13, 15:21
the size is not a rip off, it is the psf pricing that is a rip off.
how can 873sqft be 3 bedroom ? nowadays , really rip off
the size is not a rip off, it is the psf pricing that is a rip off.
You mean this 831sqft was a norm nowadays ? Ok i am out of date again...
the size is not a rip off, it is the psf pricing that is a rip off.
its only rip off if you cant see the value and its potential. Perhaps this could also due to your lack of understanding about the JLD and jurong district
I guess all your negative review on Propertyguru has gone down the drain.
Regulators
28-06-13, 15:27
maximising size is good for the buyer i mean. they reduce the size to maximise on profits, ie. charging higher psf, so in a sense good and bad for the buyer.
You mean this 831sqft was a norm nowadays ? Ok i am out of date again...
yiguang2001
28-06-13, 15:29
Seems like this is going to be cheaper than Triliq.
maximising size is good for the buyer i mean. they reduce the size to maximise on profits, ie. charging higher psf, so in a sense good and bad for the buyer.
i know what you mean but we are consumer here...:spliff:
Hehe, what do you think?
Errrr, I thInk yes. Congrats.
Just a personal preference
This is the unit that has most potential.
Can fit the following:
(a) mother and father in-law
(b) mother and father
(c) wife
(d) 2 children
(e) uncle
How?
(a) Master bedroom (top) - wife and y
(b) Master bedroom (bottom) - 2 children
(c) bedroom 2 - mother and father in-law
(d) study room - mother and father
(e) living - uncle
http://jgatewaycondo.sg/wp-content/gallery/floor-plans/j-gateway-sb4.jpg
Just a personal preference
This is the unit that has most potential.
How?
(a) Master bedroom (top) - wife and y
(b) Master bedroom (bottom) - 2 children
yr plan of fitting a couple wif 2 children in the same room has limited market wor, cos oni suitable if the couple hv got deaf & or blind kids .... :sleep:
Just a personal preference
This is the unit that has most potential.
Can fit the following:
(a) mother and father in-law
(b) mother and father
(c) wife
(d) 2 children
(e) uncle
How?
(a) Master bedroom (top) - wife and y
(b) Master bedroom (bottom) - 2 children
(c) bedroom 2 - mother and father in-law
(d) study room - mother and father
(e) living - uncle
own parents in study, jagar toilet, in laws in bedroom?
Just a personal preference
This is the unit that has most potential.
Can fit the following:
(a) mother and father in-law
(b) mother and father
(c) wife
(d) 2 children
(e) uncle
How?
(a) Master bedroom (top) - wife and y
(b) Master bedroom (bottom) - 2 children
(c) bedroom 2 - mother and father in-law
(d) study room - mother and father
(e) living - uncle
http://jgatewaycondo.sg/wp-content/gallery/floor-plans/j-gateway-sb4.jpg
Yes. I must agree this is feasible. Mt Sinai 2 bedder is more than this, and it affirms the idea of housing our family members under a roof.
If J-gateway can do it, Mt Sinai is piece of cake.
Yes. I must agree this is feasible. Mt Sinai 2 bedder is more than this, and it affirms the idea of housing our family members under a roof.
If J-gateway can do it, Mt Sinai is piece of cake.
WAHAHAHAHAHAHAHA :ashamed1:
Seems like this is going to be cheaper than Triliq.
how to compare? different location, different furnishing, different facing and different facilities provided by the development.
Yes. I must agree this is feasible. Mt Sinai 2 bedder is more than this, and it affirms the idea of housing our family members under a roof.
If J-gateway can do it, Mt Sinai is piece of cake.
remember to use the AC ledge as well.
remember to use the AC ledge as well.
AC ledge is to house the dog and park the items.
With the strong demand shown.Majority buyers do recognised the value of this project.
1 unit of PH and about 80 units of 1bedroom left. The rest fully sold
1 unit of PH and about 80 units of 1bedroom left. The rest fully sold
is the 700+ units fully launched or not?
actually Im quite surprised there will be leftovers for 1 bedder. most of the time 1 bedder will be fully sold.
issit becos the psf is too high?
1 unit of PH and about 80 units of 1bedroom left. The rest fully sold
I suspect its because the price difference btw the 1 bedder and 2 bedders is less than $100,000 - so most pple thought , heck! might as well get the 2 bedder.
1 unit of PH and about 80 units of 1bedroom left. The rest fully sold
81 units left!!!!! 700+ units sold in 1 day!!!! record breaking
The market has spoken. J Gateway is fully sold at this hour, including ALL the penthouses! So many disappointed faces leaving the showflat...
The market has spoken. J Gateway is fully sold at this hour, including ALL the penthouses! So many disappointed faces leaving the showflat...
You mean all units or all launched units sold?
is the 700+ units fully launched or not?
actually Im quite surprised there will be leftovers for 1 bedder. most of the time 1 bedder will be fully sold.
issit becos the psf is too high?
All fully released for sale. Anyway last PH sold
Its a mixture of 1 & 1+S left.. lazy to count the difference but should be fully sold by the time rest of the people are balloted in.. which is more than enough to buy the remaining units
All fully released for sale. Anyway last PH sold
Its a mixture of 1 & 1+S left.. lazy to count the difference but should be fully sold by the time rest of the people are balloted in.. which is more than enough to buy the remaining units
HUAT AH!!!
I SCREAM ICE CREAM! !!!!!!!!!!!!!!!!!!!!!!!!!!
approved
we need another project to excite us
does anyone know what was the highest psf price recorded today?
approved
we need another project to excite us
There is another smaller residential site next to J Gateway. I think KBW will need to release it liao.
All fully released for sale. Anyway last PH sold
Its a mixture of 1 & 1+S left.. lazy to count the difference but should be fully sold by the time rest of the people are balloted in.. which is more than enough to buy the remaining units
wow. all over in just one day?! well done.
The market has spoken. J Gateway is fully sold at this hour, including ALL the penthouses! So many disappointed faces leaving the showflat...
:eek: Wowwwww! Front page of Straits Times tmr.
confirm fully sold at vvip?!?!?! :eek:
the recording breaking fact is not so much of the high psf but rather the strong demand!
perhaps this will leave the developers wondering they hv underpriced this proj :beats-me-man:
There is another smaller residential site next to J Gateway. I think KBW will need to release it liao.
I tink KBW will nid to rack his brain to release cooling measure instead :axekiller:
confirm fully sold at vvip?!?!?! :eek:
the recording breaking fact is not so much of the high psf but rather the strong demand!
perhaps this will leave the developers wondering they hv underpriced this proj :beats-me-man:
2 ways to look at it. Making the headlines is good, but for MCL board, they might also think they have under price the project.
rymccondo77
28-06-13, 17:09
2 ways to look at it. Making the headlines is good, but for MCL board, they might also think they have under price the project.
Or that MCL priced it just right :)
2 ways to look at it. Making the headlines is good, but for MCL board, they might also think they have under price the project.
where got underpriced? they hv alrdy break OCR pricing record leh! :scared-1:
Or that MCL priced it just right :)
I would say so. Consider the similar price to Sky Habitat, this will make Capitaland look very bad and mad. When Capitaland move into their Westgate office, the sight of J Gateway will likely to piss them off.
where got underpriced? they hv alrdy break OCR pricing record leh! :scared-1:
Does anyone know what is the highest psf price achieved for this project?
Congratulations to MCL for the record launch.
Congratulations also to All the property owners
in Jurong and West Coast Area :cheers6: :cheers6:
more than $100 millions transacted in few hours!!! :scared-4:
rymccondo77
28-06-13, 17:19
I would say so. Consider the similar price to Sky Habitat, this will make Capitaland look very bad and mad. When Capitaland move into their Westgate office, the sight of J Gateway will likely to piss them off.
Ha ha - a reminder to Capitaland - no need to get celebrity architect for a project !!!
Ah Tan, my friend.
Did you check out The Sierra?
This place is old la. But it is very affordable. Better than those who bought this Jurong piece of expensive unit.
http://condo.singaporeexpats.com/condo/2030/THE-SIERRA
I would say so. Consider the similar price to Sky Habitat, this will make Capitaland look very bad and mad. When Capitaland move into their Westgate office, the sight of J Gateway will likely to piss them off.
Sky Habitat cannot compare lah, Bishan no future potential, nice neighbourhood but otherwise not an exciting place, apart from couple of good schools.
Sky Habitat cannot compare lah, Bishan no future potential, nice neighbourhood but otherwise not an exciting place, apart from couple of good schools.
we could include Interlace as well
Sky Habitat cannot compare lah, Bishan no future potential, nice neighbourhood but otherwise not an exciting place, apart from couple of good schools.
U hit the bull eye.
Sky Habitat cannot compare lah, Bishan no future potential, nice neighbourhood but otherwise not an exciting place, apart from couple of good schools.
this is like saying nassim has no future potential based on your reasons given. :D
There is another smaller residential site next to J Gateway. I think KBW will need to release it liao.
不要不要 Tolong Tolong
Maybe next time bah...
By the way, this is the JLD concept by URA. For those who have bought this piece of Jem.
http://www.ura.gov.sg/sales/JEast-St13/JLD-brochure.pdf
Oh I think I have pointed this before. J Gateway's entrance will face the bus interchange. But it's an integrated bus interchange... meaning it is likely to be incorporated by either a commercial or/and residential.
http://www.ura.gov.sg/sales/BoonLayJG/tenderdocs/BLay-LPnCP.pdf
不要不要 Tolong Tolong
Maybe next time bah...
By the way, this is the JLD concept by URA. For those who have bought this piece of Jem.
http://www.ura.gov.sg/sales/JEast-St13/JLD-brochure.pdf
Oh I think I have pointed this before. J Gateway's entrance will face the bus interchange. But it's an integrated bus interchange... meaning it is likely to be incorporated by either a commercial or/and residential.
http://www.ura.gov.sg/sales/BoonLayJG/tenderdocs/BLay-LPnCP.pdf
From URA JLD video, it shows integrated transport hub with garden roof top. Which mean, it will be fully aircon, indoor, and connects to the Jurong East MRT. The entrance of the bus interchange will not share the same road as J Gateway and Westgate.
According to JLD plan, Jurong Gateway will have 1000 residential units. J Gateway has got 700+, so the remaining 200-300 units will be the reserve site.
From URA JLD video, it shows integrated transport hub with garden roof top. Which mean, it will be fully aircon, indoor, and connects to the Jurong East MRT. The entrance of the bus interchange will not share the same road as J Gateway and Westgate.
Yes, definitely fully air-conditioned for the comfort of passengers just like Toa Payoh, Sengkang, and Ang Mo Kio bus interchanges.
My agent smsed me that left with 1 bedder and 1+S for both Soho/suites only...:scared-1: !
Properties price at Jurong will sure chiong chiong........chiong :D !
My agent smsed me that left with 1 bedder and 1+S for both Soho/suites only...:scared-1: !
high floor or low floor?
Yes, definitely fully air-conditioned for the comfort of passengers just like Toa Payoh, Sengkang, and Ang Mo Kio bus interchanges.
there will another mix commercial on the other site of the mrt platform which I think will be launch once the integrated transport hub is ready. They could possibly integrate the new Jurong Region Line into the mall as well.
heard the project is all fully sold le...
Or that MCL priced it just right :)
*Like*. .
heard the project is all fully sold le...
Pineapple is more informed than CondoWe.
Yes... it is FULLY SOLD!
All 700+++ units ...
Ok la ... maybe left last 7 units ...
Watch out for the news tonight or tomorrow ...
Office Boy think this maybe the beginning of anoher round of cheongster style ...
When Jurong is $1,600-$1,800 psf ... everything else on this island looks real cheap now ... right ?
U can imagine right ? $1,800 for Clementi now looks CHEAP.
$2,200 for Queenstown 99LH now looks CHEAP!
$2,500 for Redhill now 99LH looks CHEAP!
$2,800 for Jervios FH looks CHEAP!
$3,200 for River Valley FH looks CHEAP!
... ... ...
DKSG
Ha ha - a reminder to Capitaland - no need to get celebrity architect for a project !!!
*Super Like. *
this is like saying nassim has no future potential based on your reasons given. :D
I guess riverfish is comparing mass market to mass market...
Looking at the overall psf, this project still got alot room to chiong..
*Like*. .
so wat is the psf like for the 1 room, 2 room and 3 room??
Pineapple is more informed than CondoWe.
Yes... it is FULLY SOLD!
All 700+++ units ...
Ok la ... maybe left last 7 units ...
Watch out for the news tonight or tomorrow ...
Office Boy think this maybe the beginning of anoher round of cheongster style ...
When Jurong is $1,600-$1,800 psf ... everything else on this island looks real cheap now ... right ?
U can imagine right ? $1,800 for Clementi now looks CHEAP.
$2,200 for Queenstown 99LH now looks CHEAP!
$2,500 for Redhill now 99LH looks CHEAP!
$2,800 for Jervios FH looks CHEAP!
$3,200 for River Valley FH looks CHEAP!
... ... ...
DKSG
this is why allowing developers to build shoebox units is distorting the market.
Pineapple is more informed than CondoWe.
Yes... it is FULLY SOLD!
All 700+++ units ...
Ok la ... maybe left last 7 units ...
Watch out for the news tonight or tomorrow ...
Office Boy think this maybe the beginning of anoher round of cheongster style ...
When Jurong is $1,600-$1,800 psf ... everything else on this island looks real cheap now ... right ?
U can imagine right ? $1,800 for Clementi now looks CHEAP.
$2,200 for Queenstown 99LH now looks CHEAP!
$2,500 for Redhill now 99LH looks CHEAP!
$2,800 for Jervios FH looks CHEAP!
$3,200 for River Valley FH looks CHEAP!
... ... ...
DKSG
Even 1 left is not considered fully sold la...bro :tongue3: !
this is why allowing developers to build shoebox units is distorting the market.
Actually the hot seller for this project is not MM, they are the 2 bedders.
Actually the hot seller for this project is not MM, they are the 2 bedders.
your definition of MM is only confined to 1 bedder?
your definition of MM is only confined to 1 bedder?
MM or shoebox definition is 500sqft and below.
Pineapple is more informed than CondoWe.
Yes... it is FULLY SOLD!
All 700+++ units ...
Ok la ... maybe left last 7 units ...
Watch out for the news tonight or tomorrow ...
Office Boy think this maybe the beginning of anoher round of cheongster style ...
When Jurong is $1,600-$1,800 psf ... everything else on this island looks real cheap now ... right ?
U can imagine right ? $1,800 for Clementi now looks CHEAP.
$2,200 for Queenstown 99LH now looks CHEAP!
$2,500 for Redhill now 99LH looks CHEAP!
$2,800 for Jervios FH looks CHEAP!
$3,200 for River Valley FH looks CHEAP!
... ... ...
DKSG
One balmoral is launching. Let's wait and see....
phantom_opera
28-06-13, 18:43
Would there be spillover from this to Sky Habitat??
The bull is charging at F1 speed :scared-4:
MADNESS I HEARD!!!
left a couple units ?!!!
Its going on the news again
As of now...1 bedder suite left 1 #34
Will fully sold soon...:rolleyes:
As of now...1 bedder suite left 1 #34
Will fully sold soon...:rolleyes:
super high floor. What is the psf?
I think a very different profile of buyers for these projects...Maybe more foreign investors for this J Gateway, but spillover effect should have but don't think significant...
Would there be spillover from this to Sky Habitat??
The bull is charging at F1 speed :scared-4:
I was there around 10am today. Very chaotic and tentage full of people. Multiple units/Penthouse gt priority to purchase at 9am. Balloting started close to 11am. Lucky my number was called around 12pm and very lucky(or so i think) to get my preferred units stack 08 (3 bedders) at high floor. Think balloting continued all the way til 1700hours though 2 bedders were sold out around 1pm. Next to be sold out were the 3 bedders. Only around 1900hours then get to sign the Form 3. I got it at around 1460psf.
Hottest ppty in Sg is not FH, 999 but a 99 in OCR with mall, MRT and big development plan by govt for the surround area.
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