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View Full Version : 580k for this unit..what u all think?



xtreme_46
26-04-13, 12:31
http://www.propertyguru.com.sg/listing/13611150/for-sale-mountbatten-lodge

u all think this unit worth the price?

eng81157
26-04-13, 12:47
http://www.propertyguru.com.sg/listing/13611150/for-sale-mountbatten-lodge

u all think this unit worth the price?

i advise you to have a look at the place. for own stay, i will never touch it.

1. small
2. lousy building design - check out the dungeon units
3. there are better ones at telok kurau
4. check out the condition of its facade

mcmlxxvi
26-04-13, 12:56
I bought the neighbouring unit in 2006 and it made me 100k one year later.

So i have fond memories of the place. And the caretaker is one of a kind, in a nice way of course.

Lovelle
26-04-13, 13:01
no comment as it does not fit 3M concept.

electron
26-04-13, 13:10
i advise you to have a look at the place. for own stay, i will never touch it.

1. small
2. lousy building design - check out the dungeon units
3. there are better ones at telok kurau
4. check out the condition of its facade

Hmm are you referring to Mountbatten Suites? I don't remember this development (Mountbatten Lodge) having basement units.

eng81157
26-04-13, 13:23
Hmm are you referring to Mountbatten Suites? I don't remember this development (Mountbatten Lodge) having basement units.

oh, isn't this mountbatten suites?

xtreme_46
26-04-13, 13:43
oh, isn't this mountbatten suites?


this is mountbatten lodge..is a big house then partition into smaller unit

xtreme_46
26-04-13, 13:46
I bought the neighbouring unit in 2006 and it made me 100k one year later.

So i have fond memories of the place. And the caretaker is one of a kind, in a nice way of course.

u referring to mountbatten lodge or suites?

eng81157
26-04-13, 13:47
oops, my bad. thought it was mountbatten suites

Pikachu1245
26-04-13, 13:59
http://www.propertyguru.com.sg/listing/13611150/for-sale-mountbatten-lodge

u all think this unit worth the price?

I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

evolutionx
26-04-13, 14:06
I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

star
26-04-13, 14:10
not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

If rent out should have profit a tidy sum even though they bought in 1996/1997.

indomie
26-04-13, 14:11
I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............
I believe its worth it too. Still well under 2000 dollar psqrft and freehold. The demographic also support for MM living. With monthly repayment around 1K a month its light on the pocket too

star
26-04-13, 14:19
Rental for mountbatten lodge is not high. 320sqft unit is about $2000 to $2350 from squarefeet website. Check the maintenance fee u need to pay monthly and whether the unit leaking badly.

xtreme_46
26-04-13, 14:26
Rental for mountbatten lodge is not high. 320sqft unit is about $2000 to $2350 from squarefeet website. Check the maintenance fee u need to pay monthly and whether the unit leaking badly.

i see this unit available for rental sine last year..still no taker until now

DC33_2008
26-04-13, 14:33
MP Lee BW bought a apt around here?

star
26-04-13, 14:35
Mountbatten lodge


CONTRACT
MONTH Unit size. No of bedrm Monthly rental
($)
2012-12 600 TO 700 2 2,700
2012-11 300 TO 400 1 2,350
2012-09 300 TO 400 1 2,000
2012-08 500 TO 600 1 2,200
2012-08 400 TO 500 1 2,500
2012-08 300 TO 400 1 1,900
2012-07 300 TO 400 1 2,000
2012-01 300 TO 400 1 2,000

eng81157
26-04-13, 14:36
for just a bit more and better location

http://www.propertyguru.com.sg/listing/13780567/for-sale-buckley-residences
http://www.propertyguru.com.sg/listing/13929252/for-sale-suites-newton
http://www.propertyguru.com.sg/listing/13763019/for-sale-mutiara-crest
http://www.propertyguru.com.sg/listing/14107803/for-sale-rv-edge
http://www.propertyguru.com.sg/listing/13621650/for-sale-suites-katong

xtreme_46
26-04-13, 14:42
MP Lee BW bought a apt around here?

91 Marshall

http://news.asiaone.com/News/Latest%2BNews/Singapore/Story/A1Story20120512-345525.html

star
26-04-13, 14:45
91 Marshall

http://news.asiaone.com/News/Latest%2BNews/Singapore/Story/A1Story20120512-345525.html

MP is buying, huat ah.

radha08
26-04-13, 16:55
I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

:spliff:i also say

mcmlxxvi
26-04-13, 17:47
u referring to mountbatten lodge or suites?

Lodge. Maint was 175 then.

leesg123
26-04-13, 20:30
This place can forget about enbloc as is a conservation building i think.

Pikachu1245
27-04-13, 01:32
not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

Long term means 10 years or more for me. You must factor in cost of rental generated or opportunity cost if for own stay. That's why garmen provide 90% home ownership (99 LH) and all eligible residents grap the rare opportunities that may not be available in some other countries .....:2cents:

radha08
27-04-13, 02:31
MP is buying, huat ah.

mp also sc wat:D

Sam88
27-04-13, 06:03
not true. i know some people who bought in 1996/97 till now the property haven't touched their cost.

which unit hasn't gone recovered??? i cannot think of any.

samuelk
27-04-13, 07:15
I believe it is worth if you have the holding power, be it for own stay or investment. Any property in Singapore tend to appreciate in value over long term in line with inflation and other factors..............

wow .. 320 sqft.. the prices are still holding quite well..:cool:

DKSG
27-04-13, 18:40
From Office Boy little experience, this place is a NO NO NO NO NO buy.

And the 1,7xx asking is a joke!

Wont bother with this ... Move on ...

DKSG

mcmlxxvi
27-04-13, 18:45
yes. in 2006 prices were 300k

doubleben
30-04-13, 12:34
1700 pfs for such an old unit...I wouldn't bother.

At this price and the current market you may not even profit much if there is an en-bloc sale sometimes in the future. Furthermore with this age, the en-bloc could be a done deal within the next four years, which means that you will have to pay SSD. :o

electron
30-04-13, 13:30
1700 pfs for such an old unit...I wouldn't bother.

At this price and the current market you may not even profit much if there is an en-bloc sale sometimes in the future. Furthermore with this age, the en-bloc could be a done deal within the next four years, which means that you will have to pay SSD. :o

I would say that an en bloc is highly unlikely. The project is a subdivided conservation bungalow that cannot be torn down as it is in the Mountbatten conservation strip. Furthermore, plot ratio 1.4 and zoned for 2-story detached (IIRC).

doubleben
30-04-13, 14:13
I would say that an en bloc is highly unlikely. The project is a subdivided conservation bungalow that cannot be torn down as it is in the Mountbatten conservation strip. Furthermore, plot ratio 1.4 and zoned for 2-story detached (IIRC).

Oh wasn't aware. Then this is an even clearer :tsk-tsk:

radha08
01-05-13, 20:17
i think its BETTER than paying $740k for this...

http://www.propertyguru.com.sg/listing/13713364/for-sale-nv-residences

leesg123
01-05-13, 20:19
I would say that an en bloc is highly unlikely. The project is a subdivided conservation bungalow that cannot be torn down as it is in the Mountbatten conservation strip. Furthermore, plot ratio 1.4 and zoned for 2-story detached (IIRC).I always wonder, if such conservation development 'catch fire' and burnt down, can enbloc?

eng81157
02-05-13, 09:29
I always wonder, if such conservation development 'catch fire' and burnt down, can enbloc?

i hope you aren't plotting arson....:scared-5: :scared-5: :scared-5: :scared-5:

doubleben
02-05-13, 09:46
I always wonder, if such conservation development 'catch fire' and burnt down, can enbloc?

I doubt it. You will most likely be required to restore the facade to its former glory. :banghead: