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View Full Version : Wah Sky Habitat Re-launched at Lower Prices!



sunboy77
16-04-14, 00:07
Lai! Lai! Those sitting on the fence for very long can start to take some actions liao!

Sky Habitat new prices:

1+S $975k to $1.1m (from $1372 psf nia)
2+S $1.3m to $1.5m (from $1330 psf nia)
3BR $1.5m to $1.7m (from $1267 psf nia)

Balloting on 19 Apr. Can submit cheques to agents now.

sunboy77
16-04-14, 00:10
Seems cheaper than Thomson Three?? :scared-5:

Historical high price was $1893 psf. Even the last 6 months average was $1554 psf...

CondoInterested
16-04-14, 00:25
You sound like selling orange, apple, etc fruits, lai ya, lai ya, pi buey ya, lai ya, lai ya.

But seriously, what will be the effect of this have on other yet to be sold off and also new developments?

Are the developers know something that we don't know or are they panic?

CondoInterested
16-04-14, 00:45
Found the Floor Plans after googling.

Blk 7 (https://dl.dropboxusercontent.com/u/23005883/SkyHabitat_BLK7_ebrochure.pdf)

Blk 9 (https://dl.dropboxusercontent.com/u/23005883/SkyHabitat_BLK%209%20ebrochure.pdf)

Noexit
16-04-14, 00:53
Lai! Lai! Those sitting on the fence for very long can start to take some actions liao!

Sky Habitat new prices:

1+S $975k to $1.1m (from $1372 psf nia)
2+S $1.3m to $1.5m (from $1330 psf nia)
3BR $1.5m to $1.7m (from $1267 psf nia)

Balloting on 19 Apr. Can submit cheques to agents now.

U sure this price or not ?

sunboy77
16-04-14, 01:17
Haha yes sure.

But take note of the word "from".

sunboy77
16-04-14, 01:18
You sound like selling orange, apple, etc fruits, lai ya, lai ya, pi buey ya, lai ya, lai ya.

But seriously, what will be the effect of this have on other yet to be sold off and also new developments?

Are the developers know something that we don't know or are they panic?

I'm sure there is some panic to a certain extent.

I am wondering if the previous buyers are getting sleepless nights or not...

dtrax
16-04-14, 03:28
3rm seriously for those first timer mai hoot really MTB.
1216sqft, 3rm, 1.54mil bishan WHERE TO FIND THESE DAYS?
lol

dtrax
16-04-14, 03:36
Found the Floor Plans after googling.

Blk 7 (https://dl.dropboxusercontent.com/u/23005883/SkyHabitat_BLK7_ebrochure.pdf)

Blk 9 (https://dl.dropboxusercontent.com/u/23005883/SkyHabitat_BLK%209%20ebrochure.pdf)

3rm should be type C3, 113sqm for the 1.54mil price tag.. seems like a decent layout

teddybear
16-04-14, 08:33
Property price crashing in RCR?????????????? :scared-3:


I'm sure there is some panic to a certain extent.

I am wondering if the previous buyers are getting sleepless nights or not...

DC33_2008
16-04-14, 09:15
Good news for those chasing after new development ! :D

latour
16-04-14, 09:34
Property price crashing in RCR?????????????? :scared-3:

Its timing, and its now.. or still waiting for a further 'crash'?

bargain hunter
16-04-14, 11:16
seriously, this is similar to the d'leedon firesale last jan. could start the market going assuming everyone else also cut prices by a similar margin.

matrix0405
16-04-14, 12:21
Wah Bishan $1200psf. Punggol and Changi cannot be higher than $1200psf.

sunboy77
16-04-14, 12:49
seriously, this is similar to the d'leedon firesale last jan. could start the market going assuming everyone else also cut prices by a similar margin.

Hahaha developed by the same Lelong King developer. Already warned my clients last time.

Sky Vue lelong might also come very soon. :D

el loco
16-04-14, 13:16
Wah Bishan $1200psf. Punggol and Changi cannot be higher than $1200psf.

The Glades and Lakeville condo seem overpriced now

teddybear
16-04-14, 13:23
OCR property prices crashing!!!!!!!! :doh:


The Glades and Lakeville condo seem overpriced now

dtrax
16-04-14, 17:10
Got such good deal in life? Bishan Loft EC, 10yrs old, more chui location sell 1.2k psf as well?

http://www.propertyguru.com.sg/project/bishan-loft-1356

amk
16-04-14, 17:25
12## psf in Bishan starting to look reasonable. this boat can catch.

sunboy77
16-04-14, 20:45
Wahlao regret having bought my Potong Pasir property....

henryhk
16-04-14, 21:52
Only the fittest and smartest survive and thrive! I wait until next year to act!

kane
16-04-14, 21:55
Lai! Lai! Those sitting on the fence for very long can start to take some actions liao!

Sky Habitat new prices:

1+S $975k to $1.1m (from $1372 psf nia)
2+S $1.3m to $1.5m (from $1330 psf nia)
3BR $1.5m to $1.7m (from $1267 psf nia)

Balloting on 19 Apr. Can submit cheques to agents now.

Sunboy, which 3Bed unit is going for $1.7mio?

clemdale24
16-04-14, 23:04
Wahlao regret having bought my Potong Pasir property....

which one did u buy and for how much psf?

Singleton
16-04-14, 23:20
12## psf in Bishan starting to look reasonable. this boat can catch.

agree that pfs looking good compared to OCR prices

but quantum is still an impt consideration in today's climate

mantrix
16-04-14, 23:27
i dun mind paying 10% more to get this

azeoprop
17-04-14, 00:38
This developer is really lelong king. :doh: Interlace, d'leedon and now sky habitat. :rolleyes:

mummy
17-04-14, 00:44
Looks like it is the start of a down cycle....my house valuation also dropped by 5%....good for those cashrich people to wait and catch good deals...

pmet
17-04-14, 01:24
Looks like it is the start of a down cycle....my house valuation also dropped by 5%....good for those cashrich people to wait and catch good deals...

Yup! But trust me when I said 5% drop is peanut to cash rich ppl. Cash rich ppl only buy in a recession and sell at times like this. Those who chiong and buy now are just flock or flock followers (commoners, middle class, cash-poor).

azeoprop
17-04-14, 09:32
One major design flaw for the 2+1 and smaller units is that there is only 1 bathroom. The other is just a powder room. :beats-me-man:

taggy
17-04-14, 09:39
One major design flaw for the 2+1 and smaller units is that there is only 1 bathroom. The other is just a powder room. :beats-me-man:

I wonder what is the idea proposed to make the 1+1 become 2bedroom?
i visited the showflat before, i remember the size of the study room can't even fit one normal single bed... custom make single bed with shorter length? or put bed in balcony :D:D

bakasa2002
17-04-14, 09:49
anyone visited the new showflat?

greggywong
17-04-14, 10:31
i visited the showflat before, i remember the size of the study room can't even fit one normal single bed... custom make single bed with shorter length? or put bed in balcony :D:D

Use a roll up tatami mat :sleep:

solsys
17-04-14, 10:41
Use a roll up tatami mat :sleep:

Studying in a small room restricts creativity, I cannot imagine studying in a small room....

Even an office cubicle is bigger than the study room these days....

They should just call it a walk-in library or sound room with hifi stuff...

Just an opinion....

august
17-04-14, 11:03
Studying in a small room restricts creativity, I cannot imagine studying in a small room....

Even an office cubicle is bigger than the study room these days....

They should just call it a walk-in library or sound room with hifi stuff...

Just an opinion....

bishan library very near, no problem.

matrix0405
17-04-14, 16:38
Got such good deal in life? Bishan Loft EC, 10yrs old, more chui location sell 1.2k psf as well?

http://www.propertyguru.com.sg/project/bishan-loft-1356

AMK Centro $1700psf. Wu kelong bo?

Noexit
17-04-14, 16:41
AMK Centro $1700psf. Wu kelong bo?

MAYBE 10 unit for leh long the rest price remain . from mah

dtrax
17-04-14, 16:49
AMK Centro $1700psf. Wu kelong bo?

I SCREAM ICE-CREAMMM!

DC33_2008
17-04-14, 16:49
Anyone going for the ballot tomorrow. :p

aceivan
17-04-14, 20:00
Anyone going for the ballot tomorrow. :p

I thought ballot is on Saturday?

piggy43
17-04-14, 20:06
Yup! But trust me when I said 5% drop is peanut to cash rich ppl. Cash rich ppl only buy in a recession and sell at times like this. Those who chiong and buy now are just flock or flock followers (commoners, middle class, cash-poor).


Just like stock market, once the peak has reached , price corrects 10% (just analogy here), first wave of bargain hunters come in thinking is a good buy. Then the second wave or correction sets in the future, market drop another 15%. Is it a good buy now? Better have good holding power caveat emptor.

Allthepies
17-04-14, 20:41
The stock market has suddenly turned positive! Those still waiting may have to wait longer....good luck!

dleedoner
19-04-14, 14:02
Super super packed at showroom!

Cyberknight
19-04-14, 14:17
Super super packed at showroom!

My agt just msg....80 units sold....

kane
19-04-14, 15:12
Saw a long queue of cars parked outside earlier.

80 units is about 15% of total development size.

DC33_2008
19-04-14, 15:22
Value products still have buyers. ;)

kane
19-04-14, 15:34
it's probably now fair valued. before that, it was over valued. heh.

august
19-04-14, 15:40
good location will always have takers.

yowetan
19-04-14, 15:42
Hi.....how much is the price?

CondoInterested
19-04-14, 16:05
From 12xx psf.

But remember you say before West better than Bishan, why asking?

dleedoner
19-04-14, 17:09
I recall seeing a post about Bishan Loft EC transacted at 1200+ psf... think it is way too ex... considering Sky Habitat's price now... I think 1400psf thereabt is a steal.

hyenergix
19-04-14, 17:34
Good time to look around for properties now if you are planning to buy for own use. I think the steep discounts will last for another 2 quarters at most.

Royston8H
19-04-14, 21:56
It is a good sign that developers are shaking now.....but may continue to drop until 2016.....when bulk units are tops. supply vs demand.

dleedoner
20-04-14, 07:49
last heard... >100 units sold.

hyenergix
20-04-14, 08:09
last heard... >100 units sold.

GLS is decreasing. Once the overhanging batch of units are sold, prices should stabilise or climb again (probably by end of this year).

dleedoner
20-04-14, 08:32
That's certain.

I think once pple are used to the 40% downpayment for second property.. it would be the norm. The same for cars...50% downpayment.. COE prices still firm.

yowetan
20-04-14, 08:55
That's certain.

I think once pple are used to the 40% downpayment for second property.. it would be the norm. The same for cars...50% downpayment.. COE prices still firm.

I thought today's standard is 50% down payment.

Sandiwara
20-04-14, 08:59
For PR. If we include Additional Stamp Duty then the total will be around 62%. If the buyer have holding power then they will only sell it at minimum 112% of buying price for break even.

dleedoner
20-04-14, 09:08
I thought today's standard is 50% down payment.

It's 40% by regulation. some banks require even lower LTV say 50%.

johnlee
20-04-14, 09:52
I was astounded when people bought this project at launch at 1600-1700 psf. There are so many more better buys IN TOWN - although they would be older apartments. Freehold as well.

SkyHabitat structure is up so the plus is that its actually looking quite iconic for the area. But the CTE into town in the morning is not an easy commute, although that depends on the time you leave

CapitaLand is quite bent on reducing inventory. The price drop here is indicative of how they sell - they don't protect their first round buyers (like SC Global and others who hold out for their original prices or give very small discounts). Remember what CapitaLand did for D'Leedon - also large price cuts when they could not move inventory. So those buying early bear the brunt.

dleedoner
20-04-14, 10:20
I was astounded when people bought this project at launch at 1600-1700 psf. There are so many more better buys IN TOWN - although they would be older apartments. Freehold as well.

SkyHabitat structure is up so the plus is that its actually looking quite iconic for the area. But the CTE into town in the morning is not an easy commute, although that depends on the time you leave

CapitaLand is quite bent on reducing inventory. The price drop here is indicative of how they sell - they don't protect their first round buyers (like SC Global and others who hold out for their original prices or give very small discounts). Remember what CapitaLand did for D'Leedon - also large price cuts when they could not move inventory. So those buying early bear the brunt.

I should say when they first launch... prices are above market... 1600-1700 psf...for big sq ft... they price for designer design... current prices are more acceptable. However, not sure if the "low" prices meant not so good facing or height.

triproton
20-04-14, 10:31
It's 40% by regulation. some banks require even lower LTV say 50%.


I think it is 50% down payment under the latest MAS regulations for second purchase of property, if there is an outstanding housing loan. If it is a third property purchase, then it is 60% down payment.


http://www.mas.gov.sg/news-and-publications/press-releases/2013/additional-measures-to-ensure-a-stable-and-sustainable-property-market.aspx

triproton
20-04-14, 10:33
I should say when they first launch... prices are above market... 1600-1700 psf...for big sq ft... they price for designer design... current prices are more acceptable. However, not sure if the "low" prices meant not so good facing or height.


So, am I right to say that CapitaLand has reduced prices by approx 20% compared to first launch? If so, the first buyers would have suffered a big loss. It would affect their LTV. I wonder whether they will be suffering negative equity?

RCT
20-04-14, 11:07
This is only the start... So many launch will poor sales... Nowaday new launch can get 30% sold is good already....

Cyberknight
20-04-14, 11:16
So, am I right to say that CapitaLand has reduced prices by approx 20% compared to first launch? If so, the first buyers would have suffered a big loss. It would affect their LTV. I wonder whether they will be suffering negative equity?

Abt 5 to 10% depends on facing n level

princess_morbucks
23-04-14, 18:03
Saw this website :

http://skyhabitatbishan.wordpress.com/



Sky Habitat @ Bishan Update

April 20, 2014

💥 Sky Habitat 💥

148 Sky Habitat Star Buys units!!! 80 units sold in 1 day!!

Unbelievable offer starts from S$975K for a 1 bedroom + Study approx 710 sq ft to a S$1267 PSF for a typical 3 bedroom

lufu
20-05-14, 22:40
GLS is decreasing. Once the overhanging batch of units are sold, prices should stabilise or climb again (probably by end of this year).

a small window of opportunity for people who are risk taker.

hutsutau
05-06-14, 01:04
Wah Bishan $1200psf. Punggol and Changi cannot be higher than $1200psf.

So jurong 1800?

2824
23-10-14, 10:20
looking impressive