Waterfront Waves (D16, 99 year LH, Frasers Centrepoint / Far East Organization)

[noblebaby]

Property Research

Weekly Show Flat Visit - DMG

Let's take a look at the price comparison btw WFK and WFW in the report...

[WF Constructor]

We will do the best we can!


Hi WF Constructor,

Are you the construction main contractor of WF?

Appreciate if your workers could put in the best workmanship for WFW.

If u are the developer, don't mind add in the slide to the swiming pool.

If u are the landscape designer, let us know if you need our inputs.

Many thanks.:o

[noblebaby]

Just realized that the T.O.P for WFW stated in this report is 2011... :beats-me-man:

But if construction is progressing well... think we can move in by 2H 2011...


Property Research

Weekly Show Flat Visit - DMG

Let's take a look at the price comparison btw WFK and WFW in the report...

[noblebaby]

Anyone know about the brand of the air-conditioning used in WFW?

Any inverter technology for the air-con unit? :beats-me-man:

[jitkiat]

Anyone know about the brand of the air-conditioning used in WFW?

Any inverter technology for the air-con unit? :beats-me-man:

OMG .. I am more worried about whether S&P500 can close positive tonight :scared-3:

:sleep:

[noblebaby]

haha... good to see you here... i'm not worried, just curious abt the unit provided...


OMG .. I am more worried about whether S&P500 can close positive tonight :scared-3:

:sleep:

[jitkiat]

haha... good to see you here... i'm not worried, just curious abt the unit provided...

Aiya, you have no choice whether they give u Daikin or give you LG. You do have a choice to sell your unit if you don't like it :p If developer does not make enough $$, expect lousy stuff loh ... like WFK & 8@W, developers make $$$ so they are giving marble ... at least they have some 良心

[noblebaby]

How to sell? sell to who? sell at what market? Never try air-con trading before la... :doh:


Aiya, you have no choice whether they give u Daikin or give you LG. You do have a choice to sell your unit if you don't like it :p

[kEN9170]

Anyone know about the brand of the air-conditioning used in WFW?

Any inverter technology for the air-con unit? :beats-me-man:

shld be using inverter type.
cant recall the brand WFK is giving.

[jc]

haha... afraid of too many report, you guys have no time to read it all... :p

I try to read them all. Tks for your contribution :)

[kEN9170]

Anyone know about the brand of the air-conditioning used in WFW?

Any inverter technology for the air-con unit? :beats-me-man:

WFK is using Mitsubishi brand (Inverter).
I guess Waves will most likely using the same brand.

[noblebaby]

ken, thanks for the info. Its good as long as its energy saving


WFK is using Mitsubishi brand (Inverter).
I guess Waves will most likely using the same brand.

[DC33_2008]

WFK is using Mitsubishi brand (Inverter).
I guess Waves will most likely using the same brand.

The power consumption of an inverter air-conditioner at standby mode can be 100W depending on the brands. This is equivalent to about 10 compact fluorescent lamps. May have to switch off the main to the airconditioner at isolator or Minature Circuit Breaker.

[kEN9170]

The power consumption of an inverter air-conditioner at standby mode can be 100W depending on the brands. This is equivalent to about 10 compact fluorescent lamps. May have to switch off the main to the airconditioner at isolator or Minature Circuit Breaker.

Thanks for the info.:)

[noblebaby]

Yup, your are right... TV also consume quite high energy in standby mode. better turn it off completely...


The power consumption of an inverter air-conditioner at standby mode can be 100W depending on the brands. This is equivalent to about 10 compact fluorescent lamps. May have to switch off the main to the airconditioner at isolator or Minature Circuit Breaker.

[driftwave]

Anyone with picture update of the site?

[noblebaby]

Ken will update us twice a month... we will see it end of next week... :)


Anyone with picture update of the site?

[kEN9170]

Ken will update us twice a month... we will see it end of next week... :)

Yes next update coming soon...................:D

[driftwave]

Tats great! Thks!


Ken will update us twice a month... we will see it end of next week... :)

[driftwave]

Thks a bunch! your beers on me when we have BBQ!
:cheers4:
quote=kEN9170]Yes next update coming soon...................:D[/quote]

[noblebaby]

What is the final color scheme for WFW? White color as displayed?


Yes next update coming soon...................:D

[noblebaby]

Cheerssssssssss!!! :cheers2:


Thks a bunch! your beers on me when we have BBQ!
:cheers4:
quote=kEN9170]Yes next update coming soon...................:D[/quote]

[kEN9170]

Thks a bunch! your beers on me when we have BBQ!
:cheers4:
quote=kEN9170]Yes next update coming soon...................:D[/quote]

Thank you in advance! :cheers6:

[kEN9170]

kgchong, come and join our crazy family....

[noblebaby]

where is he? long time didn't see him post here.... hello, hello...


kgchong, come and join our crazy family....

[Water Lover]

One of my good friend is suggesting to me to invest in one of the lakeview unit at WFK with another couple. All of us know each other. Total 3 couples share. Anyone has experience on this? Is it troublesome when doing the legal aspect?:confused:

[kgchong]

has been flying for a long time.... 3 wks out of a month... my wife killing me soon... :gun3:

I went to waterfront key... like the WFW better... haha... do you know what other units still avail...


where is he? long time didn't see him post here.... hello, hello...

[driftwave]

Wow...sounds like a trianglar relationship.....frankly speaking....I go against such arrangement...u neber noe wat will happen in future....in the event of dispute, no more friendship.....wat is the profit? $100K, $200K? wat is the value of friendship?....(priceless)......you can easily figure it out if its worth it......


One of my good friend is suggesting to me to invest in one of the lakeview unit at WFK with another couple. All of us know each other. Total 3 couples share. Anyone has experience on this? Is it troublesome when doing the legal aspect?:confused:

[driftwave]

Yah man! cheers.........:cheers5:


Cheerssssssssss!!! :cheers2:

[/quote]

[kEN9170]

White is nice!:)



What is the final color scheme for WFW? White color as displayed?

[kEN9170]

hi kgchong,

Below are the stacks available last Sat.

Stack 07 - 7 units sold
Stack 08 - Not release
Stack 11 - 2 units sold
Stack 12 - 5 units sold
Stack 13 - 3 units sold
Stack 14 - 5 units sold
Stack 17 - Not release
Stack 18 - 8 units sold

you can check out the pics in my earlier post for units/level available.:)


has been flying for a long time.... 3 wks out of a month... my wife killing me soon... :gun3:

I went to waterfront key... like the WFW better... haha... do you know what other units still avail...

[noblebaby]

Prefer white with many classes... Looks modern



White is nice!:)

[noblebaby]

Ken, from your previous photo update, just realized that there is a soil investigator at the park (circled in red)... :scared-4:

http://img33.imageshack.us/img33/8081/soill.jpg

[kEN9170]

Yes....hope they will stick to WHITE...
If you look at Carabelle, the colour in http://www.simlian.com.sg/ is different from the actual colour. Website looks nicer.


Prefer white with many classes... Looks modern

[kEN9170]

hihi noblebaby, you really good man!
Actually i have seen quite a few times when i was there taking pics.
Chances quite high there will be a station in the Park!



Ken, from your previous photo update, just realized that there is a soil investigator at the park (circled in red)... :scared-4:

http://img33.imageshack.us/img33/8081/soill.jpg

[LawrenceGan]

Interested to get a WFW, 3 bedroom (at least 10th floor). What stack still available? The price has been adjusted upward since June?? Checked from URA website, it was below 700 psf. But now seems all above 700 psf.

Regards,
Law

[driftwave]

Nice...if its really there....MRT at our backyard direct to Marina Bay! Any idea wat is the distance between our backyard and Temasek Poly? Just seeing wat is the probability....keeping fingers cross....


hihi noblebaby, you really good man!
Actually i have seen quite a few times when i was there taking pics.
Chances quite high there will be a station in the Park!

[hovivi]

how u know the soil investigator is not working on a sewage project instead of mrt?

[EJEJ]

erm..just wondering. If we do get a station there, whats gonna happen to the park area in front of WFW?



Nice...if its really there....MRT at our backyard direct to Marina Bay! Any idea wat is the distance between our backyard and Temasek Poly? Just seeing wat is the probability....keeping fingers cross....

[kEN9170]

Hi Lawrence, hope to see you in WFW.

For 3 bedroom, stack 7, 8, 14 and 18, high floor units are still available as of last week. All are pool facing except stack 14 lake facing.




Interested to get a WFW, 3 bedroom (at least 10th floor). What stack still available? The price has been adjusted upward since June?? Checked from URA website, it was below 700 psf. But now seems all above 700 psf.

Regards,
Law

[Water Lover]

Wow...sounds like a trianglar relationship.....frankly speaking....I go against such arrangement...u neber noe wat will happen in future....in the event of dispute, no more friendship.....wat is the profit? $100K, $200K? wat is the value of friendship?....(priceless)......you can easily figure it out if its worth it......

Thanks for the pointer. Quite true. Anyway they are loaded so no problem buying on their own. Just that they are also not sure whether this market is for real...:p Everyday analysis sing different tunes. Read the STI brokerage analysis and radio also want to laugh... down profit taking.. up green shoot... down again brown don't no what...new terms keep popping up..:doh:

[kEN9170]

Extracted from Straits Times

Parks and gardens have been built. Park connectors will link them and this year, $40 million will be spent constructing 42km of these connectors. Rivers and reservoirs have also been opened up for water activities. For instance, $23 million was slated for upgrading Bedok and MacRitchie reservoirs and a stretch of Kallang River in Kolam Ayer. In addition, more sports complexes are sited in housing estates.

[noblebaby]

Ken, do you know how and what they have spent from the $23mil?


Extracted from Straits Times

Parks and gardens have been built. Park connectors will link them and this year, $40 million will be spent constructing 42km of these connectors. Rivers and reservoirs have also been opened up for water activities. For instance, $23 million was slated for upgrading Bedok and MacRitchie reservoirs and a stretch of Kallang River in Kolam Ayer. In addition, more sports complexes are sited in housing estates.

[burgerking]

Thank you guys/gals for posting all those wonderful pictures of the WFW progression on this forum. :)

[kEN9170]

Hi burgerking, you have a unit in WFW?


Thank you guys/gals for posting all those wonderful pictures of the WFW progression on this forum. :)

[noblebaby]

Which stack of WFW you bought?


how u know the soil investigator is not working on a sewage project instead of mrt?

[burgerking]

Yes. I have a unit in stack 15. Was wondering whether this unit view of the park will be block by stack 22 & 21.


Hi burgerking, you have a unit in WFW?

[noblebaby]

best is to go down to showroom to check before all the good + cheap unit sold out.


Interested to get a WFW, 3 bedroom (at least 10th floor). What stack still available? The price has been adjusted upward since June?? Checked from URA website, it was below 700 psf. But now seems all above 700 psf.

Regards,
Law

[noblebaby]

Burgerking, how you found us??? There is a big WFW family here... :)


Thank you guys/gals for posting all those wonderful pictures of the WFW progression on this forum. :)

[noblebaby]

you may not able to see the park...


Yes. I have a unit in stack 15. Was wondering whether this unit view of the park will be block by stack 22 & 21.

[noblebaby]

Welcome Burgerking!!! :)

WFW Crazy Club Member as of 27 July 09

1kcirdenk - 16
Burgerking - 15
Cheahsg - 25
Cyl - 3
Driftwave - 16
EJEJ - 26
Forte - 19
Hippopo - 26
Icy - 20
Ken - 3
Lyrix - 26
momoliu - 24
Noblebaby - 25
Pang - 23
princessmum - 25
Rozis - 26
seowhazel - 7
Sunny - 19
Water Lover - 21
Young Investor - 20

[noblebaby]

I think the MRT station is best to put nearer to the PIE to serve more residents and schools there...

and without destroy the nature of the reservoir....


erm..just wondering. If we do get a station there, whats gonna happen to the park area in front of WFW?

[burgerking]

Found you all via the link in facebook.


Burgerking, how you found us??? There is a big WFW family here... :)

[burgerking]

Agent told me able to see partial HDB (on the right) and partial park (on the left) from the balcony leh... :banghead: when get the key, cannot see, will call her up...


you may not able to see the park...

[noblebaby]

Burgerking, did you check the site physically before commiting stack 15?!?!

I think stack 15 is facing HDB on your left and right... and most of your view will be facing the HDB car park from the balcony...

Who is the agent? i think she misleaded you.... :beats-me-man:


Agent told me able to see partial HDB (on the right) and partial park (on the left) from the balcony leh... :banghead: when get the key, cannot see, will call her up...

[noblebaby]

Oooo... by the way, which park did she mention? Bedok town park or the small playground with a tree near to the HDB carpark???


Agent told me able to see partial HDB (on the right) and partial park (on the left) from the balcony leh... :banghead: when get the key, cannot see, will call her up...

[kEN9170]

Hi burgerking, welcome! welcome!
If u look at my photo no 5 in post #1462, i think you shld be able to see partial town park view from your balcony and rooms.


Agent told me able to see partial HDB (on the right) and partial park (on the left) from the balcony leh... :banghead: when get the key, cannot see, will call her up...

[burgerking]

Hi Ken9170 and noblebaby. Yeap. That is what the agent told me. Because stack 15, 21 & 22 balcony are all in one straight line, so the view will be partial town park view. Did check out actual site before commiting. Stack 15 will be in between the two HDB blocks where the open car park and the playground is. I'm looking forward to the gathering/bbq. Keep me update. Thanks.


Hi burgerking, welcome! welcome!
If u look at my photo no 5 in post #1462, i think you shld be able to see partial town park view from your balcony and rooms.

[noblebaby]

sure, pls. visit more often here to chit-chat.


Hi Ken9170 and noblebaby. Yeap. That is what the agent told me. Because stack 15, 21 & 22 balcony are all in one straight line, so the view will be partial town park view. Did check out actual site before commiting. Stack 15 will be in between the two HDB blocks where the open car park and the playground is. I'm looking forward to the gathering/bbq. Keep me update. Thanks.

[kEN9170]

Hi burgerking, please visit here more often. I will be posting the fortnightly construction progress real soon.

I'm looking at the siteplan now, think u shld be able to get partial town park view.



sure, pls. visit more often here to chit-chat.

[Water Lover]

Yes. I have a unit in stack 15. Was wondering whether this unit view of the park will be block by stack 22 & 21.

Burgerking,

Welcome, welcome.. welcome the rest also who I have not greeted.:o

[seowhazel]

http://www.streetsine.com/main.html

Use this website to track prices of property accurately as all the caveats are captured there…. With unit no… :tongue3:

[seowhazel]

http://docs.lawsociety.org.sg/deposit/waterfront1.jpg

[noblebaby]

Singapore Property Sector - Credit Suisse

:sleep: :sleep: :sleep: :sleep: :sleep:

[driftwave]

wow...the data is very accurate....data also reinforce that those who made the purchase between mar-may 09 bought at the lowest price point....:cheers4:


http://docs.lawsociety.org.sg/deposit/waterfront1.jpg

[young_investor]

http://www.streetsine.com/main.html

Use this website to track prices of property accurately as all the caveats are captured there…. With unit no… :tongue3:

I wonder how they managed to get to the specific unit number for each transaction..URA website does not even specify which block..

[noblebaby]

You can get a more details info from URA than this... just that you need to pay some $$$ :D

no free lunch...


I wonder how they managed to get to the specific unit number for each transaction..URA website does not even specify which block..

[cheerful]

You can get a more details info from URA than this... just that you need to pay some $$$ :D

no free lunch...

Good thing that I chanced upon this one ... how much more details at the official site huh? This one not bad leh .. useful ;)

[kEN9170]

As promised....


No 760 (Stack 01,02,05,06,09,10,13,14)
http://img24.imageshack.us/img24/8677/wfw1.jpg


No 760 (Stack 01,02)
http://img23.imageshack.us/img23/3895/wfw2.jpg


No 760 (Stack 03,04,07,08) No 762 (Stack 15,16,17,18)
http://img24.imageshack.us/img24/6153/wfw3.jpg



No 760 (Stack 11,12) No 762 (Stack 15,16,17,18)
http://img22.imageshack.us/img22/5788/wfw4.jpg


No 766 (Stack 19,20,21,22)

http://img22.imageshack.us/img22/646/wfw5.jpg



No 766 (Stack 24,25) No 768 (Stack 26,27,28,29)
http://img24.imageshack.us/img24/2702/wfw6.jpg

[seowhazel]

:cheers1: :cheers1: Thank you so much Ken... so much changes from the last posting and hope that the constructions will go faster and faster!!!! then our crazy club gathering date will be getting nearer and nearer

[noblebaby]

Ken, thanks for the updates!!! Look like construction is progressing well... :)

[kEN9170]

haha..no problem....i'm tasked to provide fortnightly construction update.
I have posted Waterfront Key construction site photo too.
Look like the construction is going to start soon.

Hopefully Waterfront Key can TOP earlier and we dont have to put up with the noise & dust. :D




Ken, thanks for the updates!!! Look like construction is progressing well... :)



:cheers1: :cheers1: Thank you so much Ken... so much changes from the last posting and hope that the constructions will go faster and faster!!!! then our crazy club gathering date will be getting nearer and nearer

[burgerking]

Thanks for the updates Ken. :)

[kEN9170]

Thanks for the updates Ken. :)

No problem. You unit is captured in the photo. :D

[DC33_2008]

haha..no problem....i'm tasked to provide fortnightly construction update.
I have posted Waterfront Key construction site photo too.
Look like the construction is going to start soon.

Hopefully Waterfront Key can TOP earlier and we dont have to put up with the noise & dust. :D

I am not so concerned about the dust noise from construction. I am worried about the noise from the expressway. It is not far looking at your photos. It may be masked by the construction noise now.

[kEN9170]

These photos were taken from the blocks nearby during lunch hour (no construction work going on) and i can say the noise is not so bad like some people are saying.

I'm currently stayiing about 500 - 600m away from MRT track. The noise coming from the MRT every 2-3 mins is more irritating than continuous noise from the expressway. :D


I am not so concerned about the dust noise from construction. I am worried about the noise from the expressway. It is not far looking at your photos. It may be masked by the construction noise now.

[noblebaby]

do u hav any unit? Why u concern on d noise?


I am not so concerned about the dust noise from construction. I am worried about the noise from the expressway. It is not far looking at your photos. It may be masked by the construction noise now.

[noblebaby]

Singapore Property - Too Soon to Sell - DMG

:sleep:

[princessmum]

Hi all
Visited showflat today.
WFW > 80% SOLD :D

[kEN9170]

Great! When are they re-launching the remaining stacks?



Hi all
Visited showflat today.
WFW > 80% SOLD :D

[noblebaby]

The noise level is ok for me, therefore I pick stack 25... no regret... :)


These photos were taken from the blocks nearby during lunch hour (no construction work going on) and i can say the noise is not so bad like some people are saying.

I'm currently stayiing about 500 - 600m away from MRT track. The noise coming from the MRT every 2-3 mins is more irritating than continuous noise from the expressway. :D

[noblebaby]

Let me bring forward...


As promised....


No 760 (Stack 01,02,05,06,09,10,13,14)
http://img24.imageshack.us/img24/8677/wfw1.jpg


No 760 (Stack 01,02)
http://img23.imageshack.us/img23/3895/wfw2.jpg


No 760 (Stack 03,04,07,08) No 762 (Stack 15,16,17,18)
http://img24.imageshack.us/img24/6153/wfw3.jpg



No 760 (Stack 11,12) No 762 (Stack 15,16,17,18)
http://img22.imageshack.us/img22/5788/wfw4.jpg


No 766 (Stack 19,20,21,22)

http://img22.imageshack.us/img22/646/wfw5.jpg



No 766 (Stack 24,25) No 768 (Stack 26,27,28,29)
http://img24.imageshack.us/img24/2702/wfw6.jpg

[noblebaby]

developer launch all stack for sales???


Hi all
Visited showflat today.
WFW > 80% SOLD :D

[princessmum]

Great! When are they re-launching the remaining stacks?

Heh, didn't really check out
Was busy discussing with agent and my relatives on the units they are keen on:o ...

[noblebaby]

Are they keen on WFW??? Good!!!

Waiting to see 90%, think can be hit before 4Q09... :D


Heh, didn't really check out
Was busy discussing with agent and my relatives on the units they are keen on:o ...

[kEN9170]

Yes, I cant wait to move in & meet all our Crazy members and not to forget our WFW Crazy BBQ Party!:cheers5:


The noise level is ok for me, therefore I pick stack 25... no regret... :)

[cheahsg]

Yes... i also chose stack 25, high floor as well. Expressway noise is nothing compared to the Paya Lebar airbase with the jet flying off... sometime storties can be as late as 11pm...


The noise level is ok for me, therefore I pick stack 25... no regret... :)

[gohsoonk]

Let me bring forward...

Good camera...

[Water Lover]

Hi Ken,

Thanks for the nice picture. It seems that stack 21 is facing directly the big tree. Gana blocked all the way. Don't know when can overtake the tree. Anyway at least not face the wall of the HDB block and can hear bird singing every morning.

I think stack 766 is the most difficult to take. You must have climbed up the playground slide. :o

[noblebaby]

Huh... how Far East know the future DTL3 station is there?!?! :beats-me-man:

Copied from WFK website...
http://img43.imageshack.us/img43/403/42666723.jpg

[kEN9170]

Hi Water Lover, yes you are right! No.766 (stack 22,21) was taken from the playground slide. I have to tip toe & stretched both my arms all the way and kept snapping in order to capture the best shot!:D

For No.766 (stack 25) & No 768, there were taken from 15th floor of Blk 725. This is the only level that can captured these stacks. Again, due to the design of this block, i have to stretch my arm fully and keep snapping away.

For the rest, there are a lot more easier, just take from 10th floor of Blk 723 without the need of any stretching "exercise". :p


Hi Ken,

Thanks for the nice picture. It seems that stack 21 is facing directly the big tree. Gana blocked all the way. Don't know when can overtake the tree. Anyway at least not face the wall of the HDB block and can hear bird singing every morning.

I think stack 766 is the most difficult to take. You must have climbed up the playground slide. :o

[noblebaby]

how come no update for your Livia?


Good camera...

[cyl]

Hey all, how are you guys doing? I just came back from the showflat and spoke to the FEO person regarding the shuttle service from Keys and Waves. Like mentioned, keys will go tampines and waves will go bedok. However, residents from either side cannot just jump over as and when they like cos the shuttle services are under different management committe.

So how? Is there anything that we can do? :doh:

[jitkiat]

Hey all, how are you guys doing? I just came back from the showflat and spoke to the FEO person regarding the shuttle service from Keys and Waves. Like mentioned, keys will go tampines and waves will go bedok. However, residents from either side cannot just jump over as and when they like cos the shuttle services are under different management committe.

So how? Is there anything that we can do? :doh:

All of you don't drive?!

[icy]

All of you don't drive?!
Yes, everyone drives.. Ah Gong, Ah Ma, dads and mums, even young teenagers too. All of them have their own cars. Wonder what is the shuttle bus for... :banghead:

[cyl]

Yes, everyone drives.. Ah Gong, Ah Ma, dads and mums, even young teenagers too. All of them have their own cars. Wonder what is the shuttle bus for... :banghead:

hahaha!!!!

[skeptikos]

That doesn't make sense at all to have only one shuttle bus service for each condo and going to different direction for that matter...

Shuttle bus providers to both Bedok and Tampines can easily double the demand (and $) by serving two condos instead of one!



Hey all, how are you guys doing? I just came back from the showflat and spoke to the FEO person regarding the shuttle service from Keys and Waves. Like mentioned, keys will go tampines and waves will go bedok. However, residents from either side cannot just jump over as and when they like cos the shuttle services are under different management committe.

So how? Is there anything that we can do? :doh:

[cyl]

All of you don't drive?!

Does it concern you? Its not as if you are living here at waterfront waves.

[Water Lover]

Yes, everyone drives.. Ah Gong, Ah Ma, dads and mums, even young teenagers too. All of them have their own cars. Wonder what is the shuttle bus for... :banghead:

Hi ICY,

You have to pardon some forumer here.

There are people who are so well to do that
have not taken a bus in their life. Maybe working from home or retired-
everday job is to fetch wife, children to work and school. Most of the time shake leg.

I hope I would not have chance to meet a neighbour who one day come up to me and shockingly ask " you mean u stay in WFW and does not own a car":eek:

[noblebaby]

I don't drive, my ah-mad drive. :tongue3:


All of you don't drive?!

[noblebaby]

Skeptikos, you own a unit at WFW?

Hmnn... i think we have no choice, coz WFW and WFK have their own management team.... they just need to follow the rules... no way to change... yeah, kind of dump... :D


That doesn't make sense at all to have only one shuttle bus service for each condo and going to different direction for that matter...

Shuttle bus providers to both Bedok and Tampines can easily double the demand (and $) by serving two condos instead of one!

[noblebaby]

he is just jeolous of us... look at us, we have a big family here... and our construction is progressing well... with frequent updates... :p


Does it concern you? Its not as if you are living here at waterfront waves.

[seowhazel]

hey noblebaby if u noticed there's only 1 road between WFW & WFK, so next time this road will be jam as both condos' residents' cars will be rushing in and out using the same route:beats-me-man:

[noblebaby]

noticed that... yeah, it maybe jam during peak hour if the developer didn't plan the condo entrance properly...


hey noblebaby if u noticed there's only 1 road between WFW & WFK, so next time this road will be jam as both condos' residents' cars will be rushing in and out using the same route:beats-me-man:

[noblebaby]

Singapore Real Estate

Property Sector to Benefit from Growing Appetite for Casino Proxies - Goldman Sachs

:sleep:

[forte]

Hey,

Just out of curiosity, all carparks are underground right? So vistor carparks/ drop off also at the basement? I dont seems to see any visitor carparks at the 1st level.

I don't mind our shuttle is going Bedok at least nearer to town where i work :)

[forte]

Hi Water Lover, yes you are right! No.766 (stack 22,21) was taken from the playground slide. I have to tip toe & stretched both my arms all the way and kept snapping in order to capture the best shot!:D

For No.766 (stack 25) & No 768, there were taken from 15th floor of Blk 725. This is the only level that can captured these stacks. Again, due to the design of this block, i have to stretch my arm fully and keep snapping away.

For the rest, there are a lot more easier, just take from 10th floor of Blk 723 without the need of any stretching "exercise". :p

Ken, thanks for the photos once again. You really saved me the trouble of travelling down to check on the progress...:cheers6:

Its definitely not easy to take photos for some of the stack....the position of the HDB is not directly facing the condo

[cyl]

he is just jeolous of us... look at us, we have a big family here... and our construction is progressing well... with frequent updates... :p

Yes indeed! We are one big crazy family. :p

[kEN9170]

Hi forte, yes BASEMENT carpark for all (residents + visitors). :D

I personally feel that all decent condos should have a basement carpark.
More expensive to build.

For some projects (eg DBR, A.Sky, etc) developers save money to throw in a Multistorey carpark which are strictly for HDBs and stair-climbing enthusiasts. Dont flame me please....:tongue3:

Shuttle service to Bedok is more convenient for people working in town. Btw, there is an upcoming Bedok Mall (by Fraser Centrepoint) too.




Hey,

Just out of curiosity, all carparks are underground right? So vistor carparks/ drop off also at the basement? I dont seems to see any visitor carparks at the 1st level.

I don't mind our shuttle is going Bedok at least nearer to town where i work :)

[driftwave]

I think once everything is more of settled down....the resident can vote rite? if over 80% of the folks work in downtown...then does not make sense to have shuttle to Tampines already.....unless everyone drives....

anyway, either side is not too far away.....either directions r just some 8-10mins by SBS bus....


Hey all, how are you guys doing? I just came back from the showflat and spoke to the FEO person regarding the shuttle service from Keys and Waves. Like mentioned, keys will go tampines and waves will go bedok. However, residents from either side cannot just jump over as and when they like cos the shuttle services are under different management committe.

So how? Is there anything that we can do? :doh:

[driftwave]

Great Job!....I think everyone from the WFW Crazy Family owe u a beer...hum...maybe we should all combine and buy u a barrel....wahahahaha......


Hi Water Lover, yes you are right! No.766 (stack 22,21) was taken from the playground slide. I have to tip toe & stretched both my arms all the way and kept snapping in order to capture the best shot!:D

For No.766 (stack 25) & No 768, there were taken from 15th floor of Blk 725. This is the only level that can captured these stacks. Again, due to the design of this block, i have to stretch my arm fully and keep snapping away.

For the rest, there are a lot more easier, just take from 10th floor of Blk 723 without the need of any stretching "exercise". :p

[driftwave]

we do drive but there are times when u just dun feel like driving rite? I stay in Punggol, I also take free shuttle to Punggol Plaza....save the earth and save my time looking for parking lots....


All of you don't drive?!

[kEN9170]

Thank you thank you.:D
Wow...looks like most of the crazy members still awake.
Hello everyone!!


Great Job!....I think everyone from the WFW Crazy Family owe u a beer...hum...maybe we should all combine and buy u a barrel....wahahahaha......

[driftwave]

Steady...can I hitch a ride? :banana:


I don't drive, my ah-mad drive. :tongue3:

[driftwave]

I think he is plain bored....wahahaha....looking for distance neighbours.....



he is just jeolous of us... look at us, we have a big family here... and our construction is progressing well... with frequent updates... :p

[driftwave]

i concur....underground carpark is one of my criterior as well...i always like the idea of private lift access from basement carpark up to unit....but since I can't have the private lift access, at least get a basement carpark....hehehe.....

In Punggol area, there are already quite a few HDB developments with underground carpark...so for condo...its a must must for me....

one other thing....MSCP is bad in condo design, to make things worst is, when there are no covered shelter linking from MSCP to all the blocks....pay more $ to get drench? All new HDB set this as defecto.....



Hi forte, yes BASEMENT carpark for all (residents + visitors). :D

I personally feel that all decent condos should have a basement carpark.
More expensive to build.

For some projects (eg DBR, A.Sky, etc) developers save money to throw in a Multistorey carpark which are strictly for HDBs and stair-climbing enthusiasts. Dont flame me please....:tongue3:

Shuttle service to Bedok is more convenient for people working in town. Btw, there is an upcoming Bedok Mall (by Fraser Centrepoint) too.

[BB]

The selling point for WW is the Bedok reservoir view. There will be many new condo launching soon at this place offering the same Bedok reservoir view plus the many existing condo also offering the same good view. Supply will be very much more than demand. Will this cause the future price to drop? Let's hope that the new mrt will raise up the price.

[noblebaby]

Ken, any update on the Bedok mall and indoor bus interchange???


Hi forte, yes BASEMENT carpark for all (residents + visitors). :D

I personally feel that all decent condos should have a basement carpark.
More expensive to build.

For some projects (eg DBR, A.Sky, etc) developers save money to throw in a Multistorey carpark which are strictly for HDBs and stair-climbing enthusiasts. Dont flame me please....:tongue3:

Shuttle service to Bedok is more convenient for people working in town. Btw, there is an upcoming Bedok Mall (by Fraser Centrepoint) too.

[noblebaby]

We are not so concern on the supply-demand around bedok reservoir area... For most of the owners here, WFW is a place for own stay... If really want to make $$$ from property investment, CCR is the better bet... Don't forget, Singaporean is rich, what ever built, they will Q to grab it. My major concern is the external factor such as stability of global economy...


The selling point for WW is the Bedok reservoir view. There will be many new condo launching soon at this place offering the same Bedok reservoir view plus the many existing condo also offering the same good view. Supply will be very much more than demand. Will this cause the future price to drop? Let's hope that the new mrt will raise up the price.

[Cookieclam]

Hi WFW members, I've been reading this thread for quite a while. You people are very enthu, with all the photos and updates. Solid stuff...the most replies in this forum.

i'm also bought a unit at stack 23 around feb period and would like to thank you people for the updates. it is through this forum that i found out I can opt for a dry kitchen.

Keep going, people!!

[noblebaby]

Welcome Cookieclam!!! :) By the way, how did you find us?????


WFW Crazy Club Member as of 1st August 09

1kcirdenk - 16
Burgerking - 15
Cheahsg - 25
Cookieclam - 23
Cyl - 3
Driftwave - 16
EJEJ - 26
Forte - 19
Hippopo - 26
Icy - 20
Ken - 3
Lyrix - 26
momoliu - 24
Noblebaby - 25
Pang - 23
princessmum - 25
Rozis - 26
seowhazel - 7
Sunny - 19
Water Lover - 21
Young Investor - 20

[kEN9170]

Hi BB, do you have a unit in WFW? :)



The selling point for WW is the Bedok reservoir view. There will be many new condo launching soon at this place offering the same Bedok reservoir view plus the many existing condo also offering the same good view. Supply will be very much more than demand. Will this cause the future price to drop? Let's hope that the new mrt will raise up the price.

[noblebaby]

:cheers1: :cheers1: :cheers1: :cheers1: :cheers1: :cheers1: :cheers1: :cheers1:

[noblebaby]

BEDOK MALL - FCL

FCL acquired Bedok Theatre and Changi Theatre at Bedok TownCentre for S$40.8m in Nov 06. Both properties are located close to BedokMRT station and Bedok bus interchange. The site area of 33,084sf, together with adjoining state land, will be amalgamated and redeveloped into a suburban retail mall with NLA of 80,000sf. Bedok Mall is expected to complete and injected into FCT in 2010.

http://www.myhometown.sg/Portals/0/NTForums_Attach/15315892354.jpg

[kEN9170]

Welcome Cookieclam to our Crazy family!

Our Crazy Club started with less than 10 members. Look at it now.....21 Crazy members! :cheers6:



Welcome Cookieclam!!! :) By the way, how did you find us???

WFW Crazy Club Member as of 1st August 09

1kcirdenk - 16
Burgerking - 15
Cheahsg - 25
Cookieclam - 23
Cyl - 3
Driftwave - 16
EJEJ - 26
Forte - 19
Hippopo - 26
Icy - 20
Ken - 3
Lyrix - 26
momoliu - 24
Noblebaby - 25
Pang - 23
princessmum - 25
Rozis - 26
seowhazel - 7
Sunny - 19
Water Lover - 21
Young Investor - 20

[noblebaby]

from ZERO to HERO?!?! :cheers1:


Welcome Cookieclam to our Crazy family!

Our Crazy Club started with less than 10 members. Look at it now.....21 Crazy members! :cheers6:

[kEN9170]

Hi noblebaby, Bedok Mall construction is progressing well. Think at L4 now.
Maybe i should provide construction progress photo of the mall too. :D

Indoor bus interchange is coming in near future. Will keep you posted on the timeline. :)


Ken, any update on the Bedok mall and indoor bus interchange???

[noblebaby]

Yeah, it will be good with photo update, thanks bro! :cheers1:


Hi noblebaby, Bedok Mall construction is progressing well. Think at L4 now.
Maybe i should provide construction progress photo of the mall too. :D

Indoor bus interchange is coming in near future. Will keep you posted on the timeline. :)

[forte]

Hi forte, yes BASEMENT carpark for all (residents + visitors). :D

I personally feel that all decent condos should have a basement carpark.
More expensive to build.

For some projects (eg DBR, A.Sky, etc) developers save money to throw in a Multistorey carpark which are strictly for HDBs and stair-climbing enthusiasts. Dont flame me please....:tongue3:

Shuttle service to Bedok is more convenient for people working in town. Btw, there is an upcoming Bedok Mall (by Fraser Centrepoint) too.

Thats great! Some condos insist visitors cannot park at basement and i remember almost getting drench during 1 of my visit to a friend's condo as need to park at open car park.....

Basement carpark is definitely a big plus....imagine lugging heavy groceries and need to walk to your block which may not be near the carpark.......

[Water Lover]

The selling point for WW is the Bedok reservoir view. There will be many new condo launching soon at this place offering the same Bedok reservoir view plus the many existing condo also offering the same good view. Supply will be very much more than demand. Will this cause the future price to drop? Let's hope that the new mrt will raise up the price.

If I am not wrong the waterfront collection by FCH & FEO left 2 more developments fronting the reservoir. No more land unless they tear down the HDB. Possible if gov can earn more. Near to tropica side there is one small plot which attracted only one bit and was rejected. It is near to busy road and no facilties. Other than that I am not aware of any new condo launching that u mentioned.

The fact that as you say more condo here speaks volume of the attractiveness of this place. Developer will not buy a land so ulu that nobody want to stay.

There are many isolated condoumium all over singapore, some at the east, dont want to mention name. Freehold somemore. Supply is definitely limited but nobody interested.

Agree with Noblebaby, if want to make good money must buy CCR.
If I have the cash, I will sure buy one at the sail or sentosa cove and will be at different forum. Do you want to buy and stay in an area where u wake up everynight worrying whether can pay the instalment and when will the price go up. No problem for those not taking loan.

However if ask me to choose between high class condo at orchard facing busy road with full glass see through and Bedok Reservoir View for staying, I will choose the later.

Condo with reservoir is limited. If you calculate the no. of condos in singapore (2000 to 3000) within metres away from a reservoir the % maybe not more than 0.5%. If you see in this light you will not feel oversupply.

Anyway life is short, this bunch of crazy people;) :o ;) :p is more interested in BBQ by the reservoir first than make $$$ :2cents: out of WFW I guess. Anyway I feel that WFW area has good potential in the long run.

[forte]

The selling point for WW is the Bedok reservoir view. There will be many new condo launching soon at this place offering the same Bedok reservoir view plus the many existing condo also offering the same good view. Supply will be very much more than demand. Will this cause the future price to drop? Let's hope that the new mrt will raise up the price.

Reason why FEO wanted to enbloc the whole area is definitely becos they see potential in this area...there are not many condos in Singapore with such direct waterfront access....If the other Waterfront series are launched 2-3 years later, believe economy would have recovered and definitely will be at much higher price...especially if MRT station is announced at nearby...you can see the current WFK prices is already 5-8% much higher than WFW.....

[kEN9170]

http://img363.imageshack.us/img363/4462/bm1.jpg


http://img375.imageshack.us/img375/6938/bm2.jpg

[Water Lover]

Wah Lao! So fast & efficient.

Ken , Are you working in a line something like Reporter or Wan Bao photographer......:scared-4: If not u must be owning a satellite station:spliff:

The last time I ran round Bedok Reservoir was about almost 45 mins.
I guess yours must be 15 mins.:scared-1:

[Cookieclam]

Welcome Cookieclam!!! :) By the way, how did you find us?????


WFW Crazy Club Member as of 1st August 09

1kcirdenk - 16
Burgerking - 15
Cheahsg - 25
Cookieclam - 23
Cyl - 3
Driftwave - 16
EJEJ - 26
Forte - 19
Hippopo - 26
Icy - 20
Ken - 3
Lyrix - 26
momoliu - 24
Noblebaby - 25
Pang - 23
princessmum - 25
Rozis - 26
seowhazel - 7
Sunny - 19
Water Lover - 21
Young Investor - 20

Can't remember how i find this site.... through surfing I guess. Anyway, I bookmark in my comp

[Cookieclam]

Anyone planning to built grilles in their balcony. i know it will spoil the look but no choice cos I have two young kids. My salesperson told me that first year cannot built but second year can... is this true?

[kEN9170]

hihi, these photos were taken from my living hall. As i stayed on a high floor and totally unblock view, I can see the Mall and also the east coast park and marine parade.:)




Wah Lao! So fast & efficient.

Ken , Are you working in a line something like Reporter or Wan Bao photographer......:scared-4: If not u must be owning a satellite station:spliff:

The last time I ran round Bedok Reservoir was about almost 45 mins.
I guess yours must be 15 mins.:scared-1:

[noblebaby]

Ken, thanks for the update...:D

Wow, your house got sea view?!? :p


hihi, these photos were taken from my living hall. As i stayed on a high floor and totally unblock view, I can see the Mall and also the east coast park and marine parade.:)

[kEN9170]

Yes sea-view. :o



Ken, thanks for the update...:D

Wow, your house got sea view?!? :p

[driftwave]

I used to stay near you as well...whahaha.....to be exact, I used to stay in the point blk opp the library....yes......even my side, half the block above 14 floor will have sea view....and its damn breezy.....mine is facing the other side...can see the former waterfront view hudc....:)
Bedok is a good place to live in....




hihi, these photos were taken from my living hall. As i stayed on a high floor and totally unblock view, I can see the Mall and also the east coast park and marine parade.:)

[driftwave]

Welcome Welcome!


Can't remember how i find this site.... through surfing I guess. Anyway, I bookmark in my comp

[driftwave]

I'm not too sure for WFW/WFK but I saw plenty of Aquaris resident have grille on their Balcony and windows....


Anyone planning to built grilles in their balcony. i know it will spoil the look but no choice cos I have two young kids. My salesperson told me that first year cannot built but second year can... is this true?

[driftwave]

I think very soon we can start our own community forum and organize group buy.....kekekeke........


Welcome Cookieclam to our Crazy family!

Our Crazy Club started with less than 10 members. Look at it now.....21 Crazy members! :cheers6:

[princessmum]

Wah Lao! So fast & efficient.

Ken , Are you working in a line something like Reporter or Wan Bao photographer......:scared-4: If not u must be owning a satellite station:spliff:

The last time I ran round Bedok Reservoir was about almost 45 mins.
I guess yours must be 15 mins.:scared-1:


Ha ha
Ken, I have the same thinking.
Always wondering what u're working as cos u can go WFW site to take pictures at 4pm in the afternoon while I am slogging in the office...

[Water Lover]

Anyone planning to built grilles in their balcony. i know it will spoil the look but no choice cos I have two young kids. My salesperson told me that first year cannot built but second year can... is this true?

The agent told me unlike HDB Balcony which is half wall height which children need to climb up to view outside, Condo which is either grille or glass will not have such problem. Once the child can see outside they will not climb. Logical.

But to be 100% save it is up to you. The one year period could be because the condo is still under warranty. Based on my understanding it depends on the condo management which is the MCST formed by residents whether they agree or not otherwise many other things will appear if free for all. MCST will probably take over the management of the condo after abt a year or so.

[princessmum]

I'm not too sure for WFW/WFK but I saw plenty of Aquaris resident have grille on their Balcony and windows....

Think we're not allowed to have grilles for the balcony, but windows is OK.
I have this concern too.
It's a headache, but no choice. Cannot compromise safety for beauty:(
Have to put some grilles at the sliding door I guess.
Anyway, hope there's some brilliant design ideas in the next yr or so that can meet our needs.

[noblebaby]

WFW using glass for the balcony right?!?


The agent told me unlike HDB Balcony which is half wall height which children need to climb up to view outside, Condo which is either grille or glass will not have such problem. Once the child can see outside they will not climb. Logical.

But to be 100% save it is up to you. The one year period could be because the condo is still under warranty. Based on my understanding it depends on the condo management which is the MCST formed by residents whether they agree or not otherwise many other things will appear if free for all. MCST will probably take over the management of the condo after abt a year or so.

[driftwave]

Absolutely correct....the remaining 3 plots of land is the 2 beside WFW/WFK and the one next to Tropica....however based on URA masterplan...I saw another plot of land next to the bus interchange that is slated for residency....I would not consider the pricing for that plot of land....it cud b another Centro in the making....

as for demand....as far as i know, there are lots of nearby residents sold their 8yrs old Bedok Reservoir HDB and move into Aquaris....it already speaks a lot for demand....self sustain within the township....

One more thing for consideration is, parents will be spoilt for choices for Primary Schools to Secondary Schools in Bedok and Tampines area......eventually there will be JC/Poly and 4th Uni for consideration....
I know of people who stay in the so call upper class condo close to Bukit Timah area with no choice of primary school to begin with....falling into the last phase of Primary School selection. For my case, I did not move to Bedok for the sake of schooling for my kids....as my current location already offer me a good choice of schools....so the school part is an added bonus/pull factor for me to move back to Bedok...:)



If I am not wrong the waterfront collection by FCH & FEO left 2 more developments fronting the reservoir. No more land unless they tear down the HDB. Possible if gov can earn more. Near to tropica side there is one small plot which attracted only one bit and was rejected. It is near to busy road and no facilties. Other than that I am not aware of any new condo launching that u mentioned.

The fact that as you say more condo here speaks volume of the attractiveness of this place. Developer will not buy a land so ulu that nobody want to stay.

There are many isolated condoumium all over singapore, some at the east, dont want to mention name. Freehold somemore. Supply is definitely limited but nobody interested.

Agree with Noblebaby, if want to make good money must buy CCR.
If I have the cash, I will sure buy one at the sail or sentosa cove and will be at different forum. Do you want to buy and stay in an area where u wake up everynight worrying whether can pay the instalment and when will the price go up. No problem for those not taking loan.

However if ask me to choose between high class condo at orchard facing busy road with full glass see through and Bedok Reservoir View for staying, I will choose the later.

Condo with reservoir is limited. If you calculate the no. of condos in singapore (2000 to 3000) within metres away from a reservoir the % maybe not more than 0.5%. If you see in this light you will not feel oversupply.

Anyway life is short, this bunch of crazy people;) :o ;) :p is more interested in BBQ by the reservoir first than make $$$ :2cents: out of WFW I guess. Anyway I feel that WFW area has good potential in the long run.

[Water Lover]

WFW using glass for the balcony right?!?

Yes, not to worry. WFW is glass.. think more classy & nicer than grille.
But more headache 4 those who want to install grille. Imagine half glass and half grille. So far never see one b4.:scared-4:

[Douk]

Anyone planning to built grilles in their balcony. i know it will spoil the look but no choice cos I have two young kids. My salesperson told me that first year cannot built but second year can... is this true?

Condo has strict rules on grilles. dont think you can make grilles in the balcony.
Perhaps, you can arrange pots of plant/flower along the glass panel so that children dont go near to it.
or you can try convincing the condo management to allow invisible grille.
see website : http://www.legate.com.sg/, they have a showroom at geylang Lor21.

[driftwave]

Hahaha.....probably we all have to think of something by next year....frankly speaking, I'm more concern with the windows rather than Balcony as glass panel, the children are able to see thru they won't climb out of curiosity....my current flat is all glass panel in the living room....even i have grille installed, my son basically hv not tried to climb up to see what is happening downstairs...




Think we're not allowed to have grilles for the balcony, but windows is OK.
I have this concern too.
It's a headache, but no choice. Cannot compromise safety for beauty:(
Have to put some grilles at the sliding door I guess.
Anyway, hope there's some brilliant design ideas in the next yr or so that can meet our needs.

[princessmum]

Hahaha.....probably we all have to think of something by next year....frankly speaking, I'm more concern with the windows rather than Balcony as glass panel, the children are able to see thru they won't climb out of curiosity....my current flat is all glass panel in the living room....even i have grille installed, my son basically hv not tried to climb up to see what is happening downstairs...

My fren who stayed in HDB had a curved protruding grille installed at her balcony. The last time I visited, her son was up on top of the grille doing tarzan. It looks scary cos the middle portion of the grille is actually protruding outside :eek:

I like the idea of the invisible grille (if it is really so invisible!) and the mgt allows...

[momoliu]

Ken, nice job...thanks for the update!

I don't think they've officially re-launched the remaining stacks (as of wednesday) but they are currently selling units in these stacks to buyers. For instance, level 5-10 of stack 17 were sold (where stack 17 is "officially" unreleased). 04-17 commands a price of $973,710, while 11-17 will cost $1.032 mil. This current strong demand is indeed a sharp contrast to those of us who bought in Mar-May (where a buyer was easily outnumbered by the number of agents at the showflat).

In any case, our WFW crazy club rocks! Welcome to all newbies :)


Great! When are they re-launching the remaining stacks?

[kEN9170]

Hi WFW Crazy members, I have good news to announce.
Just got a confirmation from the soil investigators at the Town Park that they were doing soil testing for future MRT line. They told me the underground train tunnel will run through the town park and there will be 2 stations in the park. One of them even take out the soil samples they collected in various little containers and showed to me. I double confirmed with them and they said YES!!! :cheers6: :cheers6: :cheers6:

[Cookieclam]

Condo has strict rules on grilles. dont think you can make grilles in the balcony.
Perhaps, you can arrange pots of plant/flower along the glass panel so that children dont go near to it.
or you can try convincing the condo management to allow invisible grille.
see website : http://www.legate.com.sg/, they have a showroom at geylang Lor21.

Yup... I'm also thinking of flower/plants along the glass panel along the balcony as one alternative. any other suggestion?

[Water Lover]

Hi WFW Crazy members, I have good news to announce.
Just got a confirmation from the soil investigators at the Town Park that they were doing soil testing for future MRT line. They told me the underground train tunnel will run through the town park and there will be 2 stations in the park. One of them even take out the soil samples they collected in various little containers and showed to me. I double confirmed with them and they said YES!!! :cheers6: :cheers6: :cheers6:

Watch out! WFW/WFK agents will be coming after you...

Developer has kicked them out and engage you...as their promoter instead...hehehe:D :D :D You can display the soil at showroom liao..

[driftwave]

Tats Great News! MRT at our backyard?.....so is that the exact location where you last taken the picture? So we can say its 30sec or 1min for slow walker to MRT? whahahaa......:cheers6:



Hi WFW Crazy members, I have good news to announce.
Just got a confirmation from the soil investigators at the Town Park that they were doing soil testing for future MRT line. They told me the underground train tunnel will run through the town park and there will be 2 stations in the park. One of them even take out the soil samples they collected in various little containers and showed to me. I double confirmed with them and they said YES!!! :cheers6: :cheers6: :cheers6:

[driftwave]

just want to b sure...its not some banga worker u spoke to rite? U spoke to some engineer? U r definately creating a WAVE out at Waterfront! whahahaa........;)




Hi WFW Crazy members, I have good news to announce.
Just got a confirmation from the soil investigators at the Town Park that they were doing soil testing for future MRT line. They told me the underground train tunnel will run through the town park and there will be 2 stations in the park. One of them even take out the soil samples they collected in various little containers and showed to me. I double confirmed with them and they said YES!!! :cheers6: :cheers6: :cheers6:

[kEN9170]

Yes Yes Yes...i was supposed to go Reservoir Park for my routine jog but there were some activities there so i went to Bedok Town Park instead. Just happened to see a group of workers there so i approached them to check out what they were doing. I was overjoyed when i heard abt "MRT"!!! This is the BEST News i received today.:D



Tats Great News! MRT at our backyard?.....so is that the exact location where you last taken the picture? So we can say its 30sec or 1min for slow walker to MRT? whahahaa......:cheers6:

[kEN9170]

just want to b sure...its not some banga worker u spoke to rite? U spoke to some engineer? U r definately creating a WAVE out at Waterfront! whahahaa........;)

one of the engineer was there....they even described how the tunnels will run underground.:D

[noblebaby]

YES, super good news man!!! YES, YES and YES!!!

Agents will look for you for more info... or manybe they are busy talking to the soil investigators at the park now, wahahaha...!!!

By the way, at which location you met and talked to the engineer?


Yes Yes Yes...i was supposed to go Reservoir Park for my routine jog but there were some activities there so i went to Bedok Town Park instead. Just happened to see a group of workers there so i approached them to check out what they were doing. I was overjoyed when i heard abt "MRT"!!! This is the BEST News i received today.:D

[noblebaby]

Hope it'll be look like this... Station at the park, how about that?!?! :spliff:

http://img31.imageshack.us/img31/1985/promenade.jpg

Estimated location of T27 and T28... Distance between A & B is about 1.5km... One of the stations must be in the park.

http://img40.imageshack.us/img40/586/stationmap.jpg

[noblebaby]

The length of the town park is about 1.5KM, if the 2 stations are seperated by a distance of 1KM, then one of the stations will be quite near to us, maybe 200m away... that is quite a good distance, not so far and yet not so near... :D


Tats Great News! MRT at our backyard?.....so is that the exact location where you last taken the picture? So we can say its 30sec or 1min for slow walker to MRT? whahahaa......:cheers6:

[noblebaby]

Normally it is very quiet here during weekend... but today is a bit different... lots of chit-chat and good news... cheerssss!!! :cheers1:

[kEN9170]

Near Blk 708.



YES, super good news man!!! YES, YES and YES!!!

Agents will look for you for more info... or manybe they are busy talking to the soil investigators at the park now, wahahaha...!!!

By the way, at which location you met and talked to the engineer?

[Water Lover]

The length of the town park is about 1.5KM, if the 2 stations are seperated by a distance of 1KM, then one of the stations will be quite near to us, maybe 200m away... that is quite a good distance, not so far and yet not so near... :D

I doubt so.

I think it will be just a stone throw away from WFW.:cool:

[noblebaby]

WOW, blk 708 is the location of T27 :D


Near Blk 708.

[kEN9170]

:cheers1: :cheers1: :cheers1: :cheers1: :cheers1:



WOW, blk 708 is the location of T27 :D

[noblebaby]

If T27 is near blk 708, then 1.1KM away will be near to the Damai Secondary (T28) which is less than 50m away from WFW....

From T28 to T29 (Temasek Poly) will be about 2KM. :D


http://img131.imageshack.us/img131/5360/station.jpg

[seowhazel]

Hi all Crazy club members... today I went down to the showflat, i feel so glad we all have bought wfw. cos this key very poor thing.. walldrobe not full height still got lobang, no oven cos developer replace with marble flooring.. kaoz i wonder why WFK 2 bedroom can sold out so fast!:tsk-tsk:

[kEN9170]

Really no oven? Tot it was displayed in the showflat?



Hi all Crazy club members... today I went down to the showflat, i feel so glad we all have bought wfw. cos this key very poor thing.. walldrobe not full height still got lobang, no oven cos developer replace with marble flooring.. kaoz i wonder why WFK 2 bedroom can sold out so fast!:tsk-tsk:

[seowhazel]

Really no oven? Tot it was displayed in the showflat?

yeah, i ask the agent he said the showflat oven is for display, developer will use place that slot as a cabinet. then the washing machine is slot into that a small corner unlike wfw. worse thing is he said for those at ground floor can jump into the pool. then I ask so the ground unit balacony got no barrier? he said NO...:beats-me-man:

[kgchong]

great news on the MRT station... sure the price going up...:banghead:

[noblebaby]

washing machine slot into small corner for all the unit? I don't like this concept, as the dust will gather on top of the machine and it is very difficult to clean... especially near the kitchen, make things worst...

I feel like WFK is very "Mi-casa" feel... even WFK official website feel like "Mi-casa"... maybe this is the stype of FEO...


yeah, i ask the agent he said the showflat oven is for display, developer will use place that slot as a cabinet. then the washing machine is slot into that a small corner unlike wfw. worse thing is he said for those at ground floor can jump into the pool. then I ask so the ground unit balacony got no barrier? he said NO...:beats-me-man:

[noblebaby]

kgchong, still not make a move it... property is getting hotter... price is edging back up slowly... :banghead:


great news on the MRT station... sure the price going up...:banghead:

[burgerking]

Glad the MRT is somewhere near. It will be easier for our family members and friends to visit us.

Yeap. There is no oven given in WFK. Floor space is smaller than WFW also. Though they claimed WFK is given better quality stuff like the marble floor. But my friend, who is working in the commercial property, and is now staying in rented condo having marble floor said that his wife needs to mop the floor at least 3 times a day. Cos marble floor gets sticky easily than normal titles.

So maintenance versus quality... you choose what you want...

[burgerking]

My feel is that the majority of the 2 bedroom are all bought by the investors who knew it can fetch them profit when the economy turns better. The investors will either flip them or rent them out.


.. kaoz i wonder why WFK 2 bedroom can sold out so fast!:tsk-tsk:

[burgerking]

I drove passed the place every sunday morning and yet I can miss it (shopping mall construction). Tomorrow morning, I will keep a look out for it. Thanks Ken for the shopping mall construction photos. :D


hihi, these photos were taken from my living hall. As i stayed on a high floor and totally unblock view, I can see the Mall and also the east coast park and marine parade.:)

[forte]

Wow, our thread is so hot today...was out for NDP preview so miss out all the activity ....just manage to catch up on all the postings...

Great to hear abt the MRT going to be so nearby.... definitely will push up the prices for our condo:cheers1:

[noblebaby]

Very happening here this weekend... :cheers3:

Think the location for the MRT stations should be out by 1Q2010 the latest...


Wow, our thread is so hot today...was out for NDP preview so miss out all the activity ....just manage to catch up on all the postings...

Great to hear abt the MRT going to be so nearby.... definitely will push up the prices for our condo:cheers1:

[driftwave]

interesting...so ppl can swim close to the balcony and use it as a sun shade...hahaha......i think this is quite common as most of the new condo are design in such a way....


yeah, i ask the agent he said the showflat oven is for display, developer will use place that slot as a cabinet. then the washing machine is slot into that a small corner unlike wfw. worse thing is he said for those at ground floor can jump into the pool. then I ask so the ground unit balacony got no barrier? he said NO...:beats-me-man:

[driftwave]

not only our condo....when it is official, the nearby HDB and condos with direct access will bound to go up by at least 3%-5% in value......:cheers6:


Wow, our thread is so hot today...was out for NDP preview so miss out all the activity ....just manage to catch up on all the postings...

Great to hear abt the MRT going to be so nearby.... definitely will push up the prices for our condo:cheers1:

[driftwave]

wow, so garang ah?.....as for the invisible grille, have to really chk with Mgmt b4 installing, else later receive lawyer letter to hv it remove.....today ST have a column on all the Condo dos and don'ts...quite interesting to know some of the cannot do....:beats-me-man:


My fren who stayed in HDB had a curved protruding grille installed at her balcony. The last time I visited, her son was up on top of the grille doing tarzan. It looks scary cos the middle portion of the grille is actually protruding outside :eek:

I like the idea of the invisible grille (if it is really so invisible!) and the mgt allows...

[noblebaby]

DTL2

Actual location for DTL2 stations unveiled in July 2008, and civil tender calling started in the same month based on the following time table.

http://img269.imageshack.us/img269/7761/dtl2timeline.jpg
DTL3

Based on the following schedule for DTL3, civil tender calling will begin in October... therefore, the actual location for DTL3 stations may be announced to the public by October '09, let's wait and see :D

http://img37.imageshack.us/img37/9213/dtl3timeline.jpg

[driftwave]

wow....did u manage to have a sneak peep at the blueprint? so chances r it will be on the extreme opposite end of the park....so in this case LTA would have blanket most of the residential areas in the area....i.e. Bedok Reservoir Blk 600+, Blk 750+, Bedok North Blk 520+ and Yu Neng Primary school area all are covered.....

meaning the MRT should be directly behind Baywater/Waterfront Key area?.....




one of the engineer was there....they even described how the tunnels will run underground.:D

[driftwave]

from the analysis, chances r it will be behind Baywater area....:)



The length of the town park is about 1.5KM, if the 2 stations are seperated by a distance of 1KM, then one of the stations will be quite near to us, maybe 200m away... that is quite a good distance, not so far and yet not so near... :D

[driftwave]

the concept is similar to Mi Casa but they get sliding door wardrobe whereas WFW uses door type....even Mi Casa dun get oven....this is consistent with FEO development....;)


Hi all Crazy club members... today I went down to the showflat, i feel so glad we all have bought wfw. cos this key very poor thing.. walldrobe not full height still got lobang, no oven cos developer replace with marble flooring.. kaoz i wonder why WFK 2 bedroom can sold out so fast!:tsk-tsk:

[noblebaby]

Revised location for station T27, T28 & T29, based on Ken's input... There will be several exits for each station at both sides of the PIE...


http://img35.imageshack.us/img35/9038/wfwd.jpg

[driftwave]

Yes, its a direct cut and paste....even the brochures print are similar.....
the only diff is Mi Casa gets the Mediterranean styled buliding....other than tat you can say its Mi Casa of the east.....hahaha.....only thing WFK is much more expensive and comes with Marble Flooring....


washing machine slot into small corner for all the unit? I don't like this concept, as the dust will gather on top of the machine and it is very difficult to clean... especially near the kitchen, make things worst...

I feel like WFK is very "Mi-casa" feel... even WFK official website feel like "Mi-casa"... maybe this is the stype of FEO...

[driftwave]

interesting....tat wud b behind blk 722/723....:cool:


Revised location for station T27, T28 & T29, based on Ken's input... There will be several exits for each station at both sides of the PIE...


http://img35.imageshack.us/img35/9038/wfwd.jpg

[noblebaby]

It can be behind WFK/Baywater too... +/- 100 meter :D


interesting....tat wud b behind blk 722/723....:cool:

[driftwave]

interestingly....it will still be under 5min of walk to MRT....whahaha...:p


It can be behind WFK/Baywater too... +/- 100 meter :D

[kEN9170]

My feel is behind WFK/Baywater. Remember the photo you pointed out the soil investigator?



It can be behind WFK/Baywater too... +/- 100 meter :D

[noblebaby]

yaya, actually I don't want the station to be too near to WFW... I prefer to see more greens... :p within 100-150 meter walk is good... :D


interestingly....it will still be under 5min of walk to MRT....whahaha...:p

[noblebaby]

how come so lousy?!?! selling at $640psf up but no oven provided???

Swing door is better than sliding...


the concept is similar to Mi Casa but they get sliding door wardrobe whereas WFW uses door type....even Mi Casa dun get oven....this is consistent with FEO development....;)

[noblebaby]

Momoliu, how many unit left during your last visit? Any info?


Ken, nice job...thanks for the update!

I don't think they've officially re-launched the remaining stacks (as of wednesday) but they are currently selling units in these stacks to buyers. For instance, level 5-10 of stack 17 were sold (where stack 17 is "officially" unreleased). 04-17 commands a price of $973,710, while 11-17 will cost $1.032 mil. This current strong demand is indeed a sharp contrast to those of us who bought in Mar-May (where a buyer was easily outnumbered by the number of agents at the showflat).

In any case, our WFW crazy club rocks! Welcome to all newbies :)

[noblebaby]

Seowhazel, any info on the unit left for WFW?


Hi all Crazy club members... today I went down to the showflat, i feel so glad we all have bought wfw. cos this key very poor thing.. walldrobe not full height still got lobang, no oven cos developer replace with marble flooring.. kaoz i wonder why WFK 2 bedroom can sold out so fast!:tsk-tsk:

[kEN9170]

WFK is using the pole system wardrobe which is commonly found in walk-in wardrobe. Heard pole system is more expensive.



how come so lousy?!?! selling at $640psf up but no oven provided???

Swing door is better than sliding...

[eddiehu]

The MRT maybe building north of reservoir instead of south. Any confirmation of the name of station? So we can predict more accurately.

[noblebaby]

i think we did sufficient research n analysis for the prediction of future mrt station... If you want to get better assurance, you can walk down to the park n talk to those soil investigators... Or mayb ppl from LTA if you hav insiders...

If there is NO mrt station in the park at all during the official announcement, we are still happy with in... The main thing for us is the beautiful reservoir n its nature surrounding... This is the main selling point of WFW/WFK



The MRT maybe building north of reservoir instead of south. Any confirmation of the name of station? So we can predict more accurately.

[noblebaby]

mind to update us the sales of WFW & WFK? Thanks


The MRT maybe building north of reservoir instead of south. Any confirmation of the name of station? So we can predict more accurately.

[momoliu]

Other than the sold-out of stack 20 and these 6 units in stack 17, I think it should be more or less the same as the last sale figures mentioned in this forum (eg., stack 11 has only 2 units sold)....FEO and FCL are pushing WFK into the limelight (I mean WFW showflat was not well-lit when we visited a few days ago) ...but buyers have the luxury to walk over to WFW showflat (only the 4 bedder showflat is retained) if they don't like WKF (2 and 3 bedder showflats).


Momoliu, how many unit left during your last visit? Any info?

[linchong84]

Hi,

My girlfriend and I visited waterfront wave showflat and we really like what we saw and are interested in buying. Will like to seek the help of experts here for 2 questions:

(1) When applying for a home loan for a private condo, do banks consider both me and my girlfriend's combined earning power or only mine? (we are only planning to get married/ROM only 2 years later, so at the time of applying for the loan, our status will still be single)

(2) I calculated roughly a $700k loan for a condo will mean around loan payment of $2,800/mth. Can my girlfriend's and my CPF be utilised to pay this monthly loan amount or we can only use cash to pay the bank? If can use cpf, how much is the max we can use per month?

Advance thanks for your kind advices!

Alan

[driftwave]

Developer should noe better......to put it nicely....nowadays ppl use convectional microwave oven....no one use the traditional type....to put it bluntly....is to save cost....

Both Swing door and sliding door have advantage and disadvantage...for sliding type...its better to get ones that comes with carcass vs the type without...most of the new condo comes without the carcass...making it a bit flimsy....

for swing door...the wardrobe is very sturdy but if the room is small, then the swing door will take up slightly more space as you will need to cater enouf space for the door to open....



how come so lousy?!?! selling at $640psf up but no oven provided???

Swing door is better than sliding...

[noblebaby]

Hi Limchong:

1. If the unit is purchased under both of you and your gf's name (yes, you can purchase WFW together even both of you are still not married), then you can apply for the bank loan using both names, and the bank will take into account the combined income.

2. Yes, you can use CPF to pay for the monthly installment even you guys are still not married... You can also use the CPF to pay for the 15% downpayment but the first 5% must be paid by cash. You can also use CPF to pay for the stamp duty.

So, which unit are you looking at? and at what price?



Hi,

My girlfriend and I visited waterfront wave showflat and we really like what we saw and are interested in buying. Will like to seek the help of experts here for 2 questions:

(1) When applying for a home loan for a private condo, do banks consider both me and my girlfriend's combined earning power or only mine? (we are only planning to get married/ROM only 2 years later, so at the time of applying for the loan, our status will still be single)

(2) I calculated roughly a $700k loan for a condo will mean around loan payment of $2,800/mth. Can my girlfriend's and my CPF be utilised to pay this monthly loan amount or we can only use cash to pay the bank? If can use cpf, how much is the max we can use per month?

Advance thanks for your kind advices!

Alan

[Douk]

(1) When applying for a home loan for a private condo, do banks consider both me and my girlfriend's combined earning power or only mine? (we are only planning to get married/ROM only 2 years later, so at the time of applying for the loan, our status will still be single)

If both of you will be the joint owner of the property, then both income will be considered.

(2) I calculated roughly a $700k loan for a condo will mean around loan payment of $2,800/mth. Can my girlfriend's and my CPF be utilised to pay this monthly loan amount or we can only use cash to pay the bank? If can use cpf, how much is the max we can use per month?

max contribution in your ordinary CPF account. you can pay more through cpf if you have enough saving in the ordinary account until use up. but may want to consider keeping min sum in ordinary account instead of using it for instalment (meaning not using more than monthly contribution).




Hi,

My girlfriend and I visited waterfront wave showflat and we really like what we saw and are interested in buying. Will like to seek the help of experts here for 2 questions:

(1) When applying for a home loan for a private condo, do banks consider both me and my girlfriend's combined earning power or only mine? (we are only planning to get married/ROM only 2 years later, so at the time of applying for the loan, our status will still be single)

(2) I calculated roughly a $700k loan for a condo will mean around loan payment of $2,800/mth. Can my girlfriend's and my CPF be utilised to pay this monthly loan amount or we can only use cash to pay the bank? If can use cpf, how much is the max we can use per month?

Advance thanks for your kind advices!

Alan

[driftwave]

It will be good if they are able to blend in MRT entrance with the surrounding greens.....


yaya, actually I don't want the station to be too near to WFW... I prefer to see more greens... :p within 100-150 meter walk is good... :D

[noblebaby]

Actually i like the wardrobe displayed in the 3-bedder showflat... the developer knocked down the wall and the wardrobe eats into the space of the study room next door... and make the master bedroom looks bigger... quite like the idea, but think not cheap to do that... :banghead:


Developer should noe better......to put it nicely....nowadays ppl use convectional microwave oven....no one use the traditional type....to put it bluntly....is to save cost....

Both Swing door and sliding door have advantage and disadvantage...for sliding type...its better to get ones that comes with carcass vs the type without...most of the new condo comes without the carcass...making it a bit flimsy....

for swing door...the wardrobe is very sturdy but if the room is small, then the swing door will take up slightly more space as you will need to cater enouf space for the door to open....

[noblebaby]

The exit of the MRT will not take up alot of space... think no issue to blend it into the greens... ;)


It will be good if they are able to blend in MRT entrance with the surrounding greens.....

[linchong84]

Hi noblebaby and Douk,

Thanks for your advices. For the 2nd question, I know the 15% can pay using cpf. How about the monthly loan payment ($2800) to the bank? My gf and my cpf contribution per month is around 2800 also. Can all of it be channeled to pay the monthly loan?

[jitkiat]

Hi noblebaby and Douk,

Thanks for your advices. For the 2nd question, I know the 15% can pay using cpf. How about the monthly loan payment ($2800) to the bank? My gf and my cpf contribution per month is around 2800 also. Can all of it be channeled to pay the monthly loan?

You and gf CPF (total or OA) is 2.8k ?! After a certain income level (is it 4.5k), your CPF OA contribution will be max about 1,000$ only right? So if you n gf income is 4.5k each, you can only pay up to 2k per month from your CPF OA. Correct me if I am wrong. May b u and gf all have 6m bonus per year :cheers1:

[noblebaby]

As long as yours ordinary accounts have enough fund to cover the monthly installment, then it shouldn't be an issue... if it's not sufficient, then you need to use cash to top-up.

By the way, the maximum contribution into ordinary account is only about $1000+ per month... the $2800 is including the contribution from company...


Hi noblebaby and Douk,

Thanks for your advices. For the 2nd question, I know the 15% can pay using cpf. How about the monthly loan payment ($2800) to the bank? My gf and my cpf contribution per month is around 2800 also. Can all of it be channeled to pay the monthly loan?

[Douk]

Hi noblebaby and Douk,

Thanks for your advices. For the 2nd question, I know the 15% can pay using cpf. How about the monthly loan payment ($2800) to the bank? My gf and my cpf contribution per month is around 2800 also. Can all of it be channeled to pay the monthly loan?

only the ordinary account. not medisave and special account. and there is a cap on CPF contribution at 4500 (i think), so you probably have about 900 each for CPF instalment.

I am not so sure whether the cap is going towards 4000 in few years time or remain at 4500. need to check cpf website.

[linchong84]

Sorry man i'm a noob at this. It's the total contribution (inclusive of OA, SA and the medisave one). only OA can pay monthly housing loan isit? So meaning, we can pay around 2k using cpf and 800 using cash?

[burgerking]

I know employee contribution to OA is max at 900 after certian level of income. This is excluding employer contribution to the OA. I will check with my banker and update you tomorrow Alan. Hope tomorrow will not be too late for you.


You and gf CPF (total or OA) is 2.8k ?! After a certain income level (is it 4.5k), your CPF OA contribution will be max about 1,000$ only right? So if you n gf income is 4.5k each, you can only pay up to 2k per month from your CPF OA. Correct me if I am wrong. May b u and gf all have 6m bonus per year :cheers1:

[driftwave]

actually both pole and std carcass type cost are quite on par currently....it depends on what are being offered on the pole system....if its just a very simple configuration, it will b much cheaper than normal wardrobe...normally why the pole system are much more expensive, for ppl who do up their HDB wardrobe and need it to be customized to according to their needs and lifestyle then definately it will be more expensive....for std wardrobe, both are comparable.



WFK is using the pole system wardrobe which is commonly found in walk-in wardrobe. Heard pole system is more expensive.

[noblebaby]

If you spend all your fund in the Ordinary Account for the downpayment... then the maximum combined amount that you can withdraw from both of the Ordinary Account every month is only $20xx... assuming you and your gf monthly income is above $4.5k each.


Hi noblebaby and Douk,

Thanks for your advices. For the 2nd question, I know the 15% can pay using cpf. How about the monthly loan payment ($2800) to the bank? My gf and my cpf contribution per month is around 2800 also. Can all of it be channeled to pay the monthly loan?

[venus]

Hi friends of WFW, like to ask if u guys know which bank has the best offers right now. TIA?

[noblebaby]

Yes, 2k CPF + 800 cash...

By the way, if you want to loan $700k, then i think your combined income must be above $8k... and I don't think the monthly installment is $2.8k, should be more than that... unless the tenure is 30 years...

which unit are you looking at?


Sorry man i'm a noob at this. It's the total contribution (inclusive of OA, SA and the medisave one). only OA can pay monthly housing loan isit? So meaning, we can pay around 2k using cpf and 800 using cash?

[linchong84]

Yup thanks for the help. I'm now calculating whether i really can afford it. I'm actually looking at the 3+S at around 900k.

I read from somewhere that banks will grant a monthly loan of 40% of our gross combined salary. After that minus car loan and any other regular monthly liability. That's also true right?

So assuming we have to pay 400 cash each per month, any other big condo expense we have to take note of? maintenance and property tax =360/mth something like that right? Any other costs that I miss out?

[linchong84]

Yes, 2k CPF + 800 cash...

By the way, if you want to loan $700k, then i think your combined income must be above $8k... and I don't think the monthly installment is $2.8k, should be more than that... unless the tenure is 30 years...

which unit are you looking at?


I'm actually looking at 30 years. cos 20 years will be too taxing on us. 400/mth cash seems still ok... cos i having car loan also...

Is there any big issue with 30 years tenure? will bank grant us bank loan of 700k if our income is around 10k combined?

[driftwave]

Yes, that one is nice...tat one comes with a carcass....my wife initially tot its tat one till the FEO sales person corrected her...wahahaha....
I'm actually considering opting out the masterbed room wardrobe as currently I have a 8 panel walk in wardrobe in my bedroom...thus to use the 4 panel wardrobe tat comes with the condo is a bit of a squeeze for us....

for that wardrobe, my auntie resale HDB also uses this idea....the in between wall between the 2 room was hacked down....in turn, a huge wardrobe was put in tat is shared by the 2 rooms....only a half inch ply wood sits in between...quite cool in term of space usage....cost? I will have to ask her...



Actually i like the wardrobe displayed in the 3-bedder showflat... the developer knocked down the wall and the wardrobe eats into the space of the study room next door... and make the master bedroom looks bigger... quite like the idea, but think not cheap to do that... :banghead:

[noblebaby]

Some time you don't want to stretch yourself to the limit... $900k is a big amount...

I think monthly maintenance is already $280 for the 3+S, and property tax is around 2.5-3.5k or more per year.


Yup thanks for the help. I'm now calculating whether i really can afford it. I'm actually looking at the 3+S at around 900k.

I read from somewhere that banks will grant a monthly loan of 40% of our gross combined salary. After that minus car loan and any other regular monthly liability. That's also true right?

So assuming we have to pay 400 cash each per month, any other big condo expense we have to take note of? maintenance and property tax =360/mth something like that right? Any other costs that I miss out?

[noblebaby]

no problem for 30 years, just that you need to pay more interest...

yes, 700k shouldn't be a problem if combined income more than $10k...

rule of thumb, spend no more than 30% of monthly income for house.



I'm actually looking at 30 years. cos 20 years will be too taxing on us. 400/mth cash seems still ok... cos i having car loan also...

Is there any big issue with 30 years tenure? will bank grant us bank loan of 700k if our income is around 10k combined?

[burgerking]

There is this Affordability calculator in CPF website that can help you. I recommend you use this calculator.


Yup thanks for the help. I'm now calculating whether i really can afford it. I'm actually looking at the 3+S at around 900k.

I read from somewhere that banks will grant a monthly loan of 40% of our gross combined salary. After that minus car loan and any other regular monthly liability. That's also true right?

So assuming we have to pay 400 cash each per month, any other big condo expense we have to take note of? maintenance and property tax =360/mth something like that right? Any other costs that I miss out?

[driftwave]

tat is correct for fixed salary personnel....for commission based workers, it can go beyond tat every month, it a separate cap....its the same for VB payout. It has a much higher cap....


You and gf CPF (total or OA) is 2.8k ?! After a certain income level (is it 4.5k), your CPF OA contribution will be max about 1,000$ only right? So if you n gf income is 4.5k each, you can only pay up to 2k per month from your CPF OA. Correct me if I am wrong. May b u and gf all have 6m bonus per year :cheers1:

[noblebaby]

can opt-out the wardrobe???

yeah, pls ask her about the cost, i may consider to do that... i dont mind a smaller study room...

by the way, can we hack down the wall during the first year? :beats-me-man:


Yes, that one is nice...tat one comes with a carcass....my wife initially tot its tat one till the FEO sales person corrected her...wahahaha....
I'm actually considering opting out the masterbed room wardrobe as currently I have a 8 panel walk in wardrobe in my bedroom...thus to use the 4 panel wardrobe tat comes with the condo is a bit of a squeeze for us....

for that wardrobe, my auntie resale HDB also uses this idea....the in between wall between the 2 room was hacked down....in turn, a huge wardrobe was put in tat is shared by the 2 rooms....only a half inch ply wood sits in between...quite cool in term of space usage....cost? I will have to ask her...

[driftwave]

tat is more of less correct....they will do a credit check to see if you have other liability...e.g. other loans with other banks, personal line of credits taken, car loans, etc.....one other thing, for those who frequently dun pay or rollover the credit card bill, it will be much harder to get a loan....


Yup thanks for the help. I'm now calculating whether i really can afford it. I'm actually looking at the 3+S at around 900k.

I read from somewhere that banks will grant a monthly loan of 40% of our gross combined salary. After that minus car loan and any other regular monthly liability. That's also true right?

So assuming we have to pay 400 cash each per month, any other big condo expense we have to take note of? maintenance and property tax =360/mth something like that right? Any other costs that I miss out?

[driftwave]

the only issue is with the total interest paid to the bank. for 700K loan of 30yrs, it can easily come up to $300K....and you have to think about the time when the interest will go up when the economy picks up. This will b a added burden on ur monthly installment as well. Meaning you may need to pay up to $500-$600 in cash, depending on how much the interest goes up. Do your maths right as it will be a long term commitment and you definately want to sleep peacefully every night.




I'm actually looking at 30 years. cos 20 years will be too taxing on us. 400/mth cash seems still ok... cos i having car loan also...

Is there any big issue with 30 years tenure? will bank grant us bank loan of 700k if our income is around 10k combined?

[linchong84]

for the loan, max they will grant is 80% of the property price right?

interest rates wise, say during good and bad economy time respectively, monthly i/r is how much one huh?

[driftwave]

yes....watever thing you don't want to install, u just need to inform you lawyer to write in. tats wat we are paying them for....however. don't expect any discount/reduction of amt from your home sale price. Btw, if u opt for full white kitchen cabinet instead of default half white and half brown, you will have to inform ur lawyer to write for the change....

for me, opting out at least won't damage the flooring around those area when i have to take them out again later....I'm still half hearted....

I believe its possible to hack down certain wall as long as there is no damage to the structural beam....oh...u r having a 3+1 unit?

I also hacked down one of my exisiting bedroom in my current home....to fit my huge walk in wardrobe....my hse currently look like a 2+1 bedroom home....with the arrival of my 2nd kid last year, tats why I need to move out....to undo my misdeed.....:banghead:


can opt-out the wardrobe???

yeah, pls ask her about the cost, i may consider to do that... i dont mind a smaller study room...

by the way, can we hack down the wall during the first year? :beats-me-man:

[driftwave]

if u r credit worthy, Banks nowadays allows up to 90% again....there was one point in time where last year during the economy downturn, all banks suspend the 90% loan scheme....till about 3mths back, they loosen up again...as long as u r credit worthy however, interest rate will start from about 3% onwards to about 4.5%....
this is also subject to new property.....

for interest rate....the lowest I saw recently is 1.3% for 1st year and up slightly for year 2 and then up again to year 3....usually at best u can forecast up to 3yrs for interest rates....moving beyond tat it can go either way...but since we are already at the bottom....we should be able to see interest rate moving up in the next few years....probably between 2.5%-3.5% is achievable in the next 2years time....this is unlike 1st timer HDB loan at 2.6% interest flat for the entire loan period.


for the loan, max they will grant is 80% of the property price right?

interest rates wise, say during good and bad economy time respectively, monthly i/r is how much one huh?

[ngloong]

On the subject of i/r, should I use 3% i/r as a rule of thumb for affordability and computing the tenure ?

[driftwave]

based on the previous few years, 3% is still ok..it will be good to predict up to 4%..understand what is the diff on 1% increase.....if u r comfortable at 4%, then i would say u are definately quite safe already....


On the subject of i/r, should I use 3% i/r as a rule of thumb for affordability and computing the tenure ?

[noblebaby]

Right, should always have a sensitivity calculation, always assume the worst-case, not the best-case... don't let the bank loan drag you down for the rest of your life... :scared-2:


based on the previous few years, 3% is still ok..it will be good to predict up to 4%..understand what is the diff on 1% increase.....if u r comfortable at 4%, then i would say u are definately quite safe already....

[WolleyDragon]

Yup thanks for the help. I'm now calculating whether i really can afford it. I'm actually looking at the 3+S at around 900k.

I read from somewhere that banks will grant a monthly loan of 40% of our gross combined salary. After that minus car loan and any other regular monthly liability. That's also true right?

So assuming we have to pay 400 cash each per month, any other big condo expense we have to take note of? maintenance and property tax =360/mth something like that right? Any other costs that I miss out?

work out your cashflow;
Monthly home related outlay
add'l cash over loan - $800
Property Tax - $80
Condo maintenance - $250
Mortgage Insurance (advisable) - $180
Singapore Cable Vision - $80
Utilities - $150
Total monthly payout - $1,540

Also, your assumption of monthly loan instalment of $2,800 is not really correct. best is if you can sit down with a banker and work out the dollars & cents.. bank loans might look cheap at current levels (SOR plus, SIBOR plus etc, where the current sibor rate is dirt low) but when the economy picks up.. the overall loan interest rate will definately go up.. and that's where people who have a tight budget will be hit hard.. you can safeguard by going with a fixed rate loan.. but the rate will be slightly higher than those pegged rates.

End of day, buying a condo is good if you can afford it. But if finances are a bit tight, better save or enter into HDB first..

I know of some people, who after buying condo, can't really enjoy life.. cashflow so tight cannot go out and enjoy.. put it negatively, they were nigger rich (got car & condo, but wallet only got a few dollars only).

[linchong84]

Yup thanks for the advices..

Considering condo unit cos already busted the hdb income ceiling (no chance for appeal) and dun like resale..

Indeed buying condo will mean quite a heavy monthly expenses. But considering the prices of hdb nowadays, I think wfw's prices are quite reasonable. And once the mrt is up, the price should be a different story again in future.

[noblebaby]

Can consider to buy a smaller unit, like the 3-bedder... then not so "siong" on the monthly installment... extra cash can invest in other things...

3-bedder unit still available at WFW right?


Yup thanks for the advices..

Considering condo unit cos already busted the hdb income ceiling (no chance for appeal) and dun like resale..

Indeed buying condo will mean quite a heavy monthly expenses. But considering the prices of hdb nowadays, I think wfw's prices are quite reasonable. And once the mrt is up, the price should be a different story again in future.

[forte]

can opt-out the wardrobe???

yeah, pls ask her about the cost, i may consider to do that... i dont mind a smaller study room...

by the way, can we hack down the wall during the first year? :beats-me-man:

Yes I think we can request if we do not want the wall..remember the 3BR showflat there is a transparent glass panel that separates the 1st bedroom & the living hall...i was very interested in this design as it makes the living looks bright and bigger....agent said can write in to request so developer won't built the wall for you....will save cost & less damage to your flooring instead of hacking it down later......i am still thinking about it....

[forte]

for the loan, max they will grant is 80% of the property price right?

interest rates wise, say during good and bad economy time respectively, monthly i/r is how much one huh?

i think nowadays banks not very willing to lend up to 90%...especially after the subprime thing they are quite conservative...its better to work on 80% max also u do not want to incur too much interest....

i remember during good times interest rate can go as high as 4-5%.....you can work out to see if you able to have excess cash to make a lump sum repayment after 3years (usually loan package is fixed for 3yrs)...if interest is high then lump sum repayment can reduce your interest substantially......

[kEN9170]

It's better to write in early before they start to build your unit.:D
For my previous apt, my neighbour requested the developer to convert the kitchen WC into a wet kitchen without additional cost. By the time we sent in our request, our level already built up and to re-configure the kitchen, we need to top up additional cash.


Yes I think we can request if we do not want the wall..remember the 3BR showflat there is a transparent glass panel that separates the 1st bedroom & the living hall...i was very interested in this design as it makes the living looks bright and bigger....agent said can write in to request so developer won't built the wall for you....will save cost & less damage to your flooring instead of hacking it down later......i am still thinking about it....

[lyrix]

Is it true that only when the total amount in all CPF account is more than 100k can the owners pay the monthly installment by CPF?

[kEN9170]

Not that i know of. Maybe you would like to check with CPF directly.



Is it true that only when the total amount in all CPF account is more than 100k can the owners pay the monthly installment by CPF?

[forte]

Is it true that only when the total amount in all CPF account is more than 100k can the owners pay the monthly installment by CPF?

For the 1st property there is no such limit you can use all the amount in your CPF. However for 2nd property purchase you need to maintain a minimum sum of $52K (OA+SA) then you can use the balance for installment....

[venus]

think they might hv increased the min sum to $58k already if i'm not wrong. double chk wif cpf...

[sleek]

Can check CPF online here (http://www.cpf.gov.sg/cpf_info/calculator/vl/vl_input.asp?prof=). :cool:

[noblebaby]

will think about it... Realize the master bedroom is abit small... If build the wardrobe same as the showroom, then d door for the study room need to shift also... There is no door for the study room in d showroom...


It's better to write in early before they start to build your unit.:D
For my previous apt, my neighbour requested the developer to convert the kitchen WC into a wet kitchen without additional cost. By the time we sent in our request, our level already built up and to re-configure the kitchen, we need to top up additional cash.

[noblebaby]

Only for second property... The excess amount above $60k can be used to pay for installment for the second property...


Is it true that only when the total amount in all CPF account is more than 100k can the owners pay the monthly installment by CPF?

[forte]

Only for second property... The excess amount above $60k can be used to pay for installment for the second property...
oh has it increased??? better check with agent or banker to confirm then

[noblebaby]

yes, for those who hold more than 1 property... In order to use the CPF OA to pay for the second property, minimum sum in the OA must b $60k... Even the first property has been fully paid... Second property is always treated as investment....

you also need a minimum sum in the OA if you want to use the fund to invest in stock or unit trust....


oh has it increased??? better check with agent or banker to confirm then

[sleek]

yes, for those who hold more than 1 property... In order to use the CPF OA to pay for the second property, minimum sum in the OA must b $60k... Even the first property has been fully paid... Second property is always treated as investment....

you also need a minimum sum in the OA if you want to use the fund to invest in stock or unit trust....

Thought that part of the $60K can be pledged by your 1st property that paid through CPF? :beats-me-man: