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v2offer
31-07-08, 14:39
URBAN LOFT@ RANGOON RD





Prime District 08






FREEHOLD






46 Apartments & 4 Shops


1 Bedroom from 420sqft - 635sqft @ $450K UP!!!






2 Bedrooms from 646sqft – 818sqft @


$640k UP!!!


1 Bedroom Penthouse from 667sqft - 786sqft @ $650k UP!!






2+1 Bedroom Penthouse 1195sqft @


$980K UP!!




3 Bedrooms Penthouse 1367sqft @


$1.14M UP!!!





Only ONE Min to Farrer MRT

One of the *ATTRACTIVE* new launch in Rangoon area
Near Orchard Shopping Belt






Integrated Resort – 2 Casinos



High Rental Yield (more than 5%)

Low investment quantum just like Wilkie80 & Mt Sophia Suites, yet even more attractive pricing

Great Potential for Capital Appreciation

Payment Scheme:







5%+15% + NO Installment till TOP + Interest absorbed till TOP



(Just like deferred payment..yet even more attractive!!!)





VIEWING BY APPOINTMENT







Please Call Norman @ 92718723 for showflat viewing tomorrow 12pm.

Bitch
31-07-08, 15:25
URBAN LOFT@ RANGOON RD





Prime District 08






FREEHOLD






46 Apartments & 4 Shops


1 Bedroom from 420sqft - 635sqft @ $450K UP!!!






2 Bedrooms from 646sqft – 818sqft @


$640k UP!!!


1 Bedroom Penthouse from 667sqft - 786sqft @ $650k UP!!






2+1 Bedroom Penthouse 1195sqft @


$980K UP!!




3 Bedrooms Penthouse 1367sqft @


$1.14M UP!!!





Only ONE Min to Farrer MRT

One of the *ATTRACTIVE* new launch in Rangoon area
Near Orchard Shopping Belt






Integrated Resort – 2 Casinos



High Rental Yield (more than 5%)

Low investment quantum just like Wilkie80 & Mt Sophia Suites, yet even more attractive pricing

Great Potential for Capital Appreciation

Payment Scheme:







5%+15% + NO Installment till TOP + Interest absorbed till TOP



(Just like deferred payment..yet even more attractive!!!)





VIEWING BY APPOINTMENT







Please Call Norman @ 92718723 for showflat viewing tomorrow 12pm.



I wonder if this project is able to sell at this kind of prices. Considering the current economic situation with all the bad news about property prices dropping, they are still launching at such prices of >$1000psf. Good luck to the developer.

v2offer
31-07-08, 15:30
There are still many ppl for foresight and put their money in property to fight against inflation...

Bitch
31-07-08, 15:34
Wait till the property prices tumble in the next 2 quarters. Then people with "Foresight" will become short sighted...

v2offer
31-07-08, 15:40
It will only have small drops... It will not have big drops..... With construction cost, inflation going up, money becomes smaller n smaller....

Bitch
31-07-08, 15:40
Singapore's unemployment rate rises to 2.3% in Q2
Posted: 31 July 2008 1154 hrs



SINGAPORE: Singapore's unemployment rate rose to 2.3 per cent in the second quarter after seasonal adjustments amid economic uncertainties, according to estimates from the Ministry of Manpower.

For the second consecutive quarter, the overall jobless rate climbed from a seasonally adjusted 1.7 per cent in December to 2.0 per cent in March and further to 2.3 per cent in June.

An estimate of 60,900 residents were unemployed in the second quater of this year.

There were also fewer jobs in the period from April to June.

Employment grew by 70,600 in the second quarter, slightly lower than the increase of 73,200 in the preceding quarter but higher than the 64,400 from the same period a year ago.

The rise on-year was driven by robust expansion in building activities, and employment in the construction sector grew up a record 22,100 in the April to June period.

Services added 37,600 workers in the same period, down from gains of 46,500 from the previous quarter but higher on year.

The manufacturing sector posted gains of 10,200, down from the increase of 11,800 in the first quarter.

Retrenchment has eased to the same level as a year ago at estimates of 1,900 workers, after rising for two consecutive quarters.

More information is available at http://www.mom.gov.sg/mrsd/publication

- CNA/yb

v2offer
31-07-08, 16:04
They will get employed pretty soon......

EBD
31-07-08, 19:19
"Integrated Resort – 2 Casinos"

wow, it has an integrated resort & 2 casinos! amazing. :doh:

Does it also have a flyer and F1 race.

I would have thought that a new "unrelated to property" marketing gimmick would have been invented since the long "stand off" happened.
Seems I was wrong, same old dead horse.......

v2offer
01-08-08, 08:01
Alamak... Is near there.... Maybe my wordings are too far apart that u think is 1 sentence. It is actually read from previous sentence onwards....

mr funny
02-08-08, 18:50
http://www.myhomeshub.com/project/urbanlofts/urbanlofts.jpg

Address: 89 Rangoon Road

Type of Development: Apartment

Tenure: Freehold

District: 08

No. of Units: 46 Residential 4 Shop units

TOP: Estimated End 2011

Shop Unit sizes: 463 / 474 / 657 sq ft

Residential Unit sizes:

1 bedrooms : 420 to 635 sq ft
2 bedrooms : 646 / 786 / 818 sq ft
1 bedrooms + 1 PH : 388 sq ft
1 bedrooms PH : 667 to 797 sq ft
2 bedrooms + study PH : 1195 sq ft
3 bedrooms PH : 1367 sq ft

Urban Lofts is a freehold low density apartment block and Shop unit situated along Race Course Road, near Serangoon Road.

Urban Lofts is one minute walk to Farrer Park MRT. Amenities are aplenty around Farrer Park, City Square Mall, Farrer Park Medical/Hotel/Retailshops, food centres, markets, Serangoon Plaza, Mustafa malls are all within short walking distance.


Facilities at Urban Lofts

* Pool
* Jacuzzi
* Gymnasium
* BBQ area

Interested
02-08-08, 19:24
Any elevators? Too bad no security...



Alamak... Is near there.... Maybe my wordings are too far apart that u think is 1 sentence. It is actually read from previous sentence onwards....

big daddy
02-08-08, 19:39
looks like shit, bro!



http://www.myhomeshub.com/project/urbanlofts/urbanlofts.jpg

Address: 89 Rangoon Road

Type of Development: Apartment

Tenure: Freehold

District: 08

No. of Units: 46 Residential 4 Shop units

TOP: Estimated End 2011

Shop Unit sizes: 463 / 474 / 657 sq ft

Residential Unit sizes:

1 bedrooms : 420 to 635 sq ft
2 bedrooms : 646 / 786 / 818 sq ft
1 bedrooms + 1 PH : 388 sq ft
1 bedrooms PH : 667 to 797 sq ft
2 bedrooms + study PH : 1195 sq ft
3 bedrooms PH : 1367 sq ft

Urban Lofts is a freehold low density apartment block and Shop unit situated along Race Course Road, near Serangoon Road.

Urban Lofts is one minute walk to Farrer Park MRT. Amenities are aplenty around Farrer Park, City Square Mall, Farrer Park Medical/Hotel/Retailshops, food centres, markets, Serangoon Plaza, Mustafa malls are all within short walking distance.


Facilities at Urban Lofts

* Pool
* Jacuzzi
* Gymnasium
* BBQ area

v2offer
03-08-08, 11:20
looks like shit, bro!

U go n design lor... Since u say this design is like shit....

frontosa
04-08-08, 10:03
I think the price seems all right considered the fact that it is so near MRT. If one observe, not many residential near the station are freehold, furthermore the land near the MRT is very limited. If one has read the news, investors are looking at houses at Marine Parade where they expect the station to be. This is just my 2 cent worth.

v2offer
04-08-08, 11:35
I think the price seems all right considered the fact that it is so near MRT. If one observe, not many residential near the station are freehold, furthermore the land near the MRT is very limited. If one has read the news, investors are looking at houses at Marine Parade where they expect the station to be. This is just my 2 cent worth.

U r right..... Wise man think far.....

frontosa
04-08-08, 16:12
This is just my observations. Those bearish on the property market will think otherwise. Of coz, this is a discussion forum so everyone will have their own opinions.

SHITHOLE INSPECTOR
05-08-08, 04:20
IT SURE LOOKS LIKE SHIT, I AGREE. PAYING CONDO PRICE BUT LIVING IN A PRIVATE SHOPHOUSE TYPE APARTMENT. NO FACILITIES TO BOAST OF AND SMELLING THE FILTHY ROAD AND 'AH NEH' 365 DAYS A YEAR. AGENTS GO ON ALL DAY BRAGGING ABOUT PROXIMITY TO TOWN, BUT WHO THE HELL WANTS TO GO TO ORCHARD OR TOWN EVERYDAY IF THEY HAVE A CHOICE? THE MOST EXPENSIVE HOUSES IN SINGAPORE ARE NOT THAT CLOSE TO TOWN FOR FEAR OF POLLUTION. IT HAS TO BE A COMFORTABLE DISTANCE FROM TOWN BUT AT THE SAME TIME OFFERING THAT QUALITY OF LIFE. URBAN LOFT IS DEFINITELY NOT THE SORT OF PLACE THAT OFFERS THAT KIND OF QUALITY OF LIFE.


U go n design lor... Since u say this design is like shit....

UnregisteredYYY
05-08-08, 04:22
YEAH, WISE MEN THINK BEYOND THEIR GRAVE SO U GOT RELIGION...


U r right..... Wise man think far.....

v2offer
05-08-08, 12:26
Anyway, Urban Loft is 100% sold.....

v2offer
05-08-08, 12:29
IT SURE LOOKS LIKE SHIT, I AGREE. PAYING CONDO PRICE BUT LIVING IN A PRIVATE SHOPHOUSE TYPE APARTMENT. NO FACILITIES TO BOAST OF AND SMELLING THE FILTHY ROAD AND 'AH NEH' 365 DAYS A YEAR. AGENTS GO ON ALL DAY BRAGGING ABOUT PROXIMITY TO TOWN, BUT WHO THE HELL WANTS TO GO TO ORCHARD OR TOWN EVERYDAY IF THEY HAVE A CHOICE? THE MOST EXPENSIVE HOUSES IN SINGAPORE ARE NOT THAT CLOSE TO TOWN FOR FEAR OF POLLUTION. IT HAS TO BE A COMFORTABLE DISTANCE FROM TOWN BUT AT THE SAME TIME OFFERING THAT QUALITY OF LIFE. URBAN LOFT IS DEFINITELY NOT THE SORT OF PLACE THAT OFFERS THAT KIND OF QUALITY OF LIFE.

Only Little India and Serangoon road are filled ith ah nei... If u walk thru Rangoon Rd, u see more chinese than indian.....

shithole inspector
05-08-08, 12:33
SO WHAT IF IT IS 100% SOLD? WITH ONLY 40 ODD UNITS, IT IS NOT DIFFICULT TO FIND 40 ODD IDIOTS TO FILL UP ALL THE UNITS. TRY FILLING UP A 600 UNIT CONDO WITHIN A WEEK...IT IS IMPOSSIBLE.


Anyway, Urban Loft is 100% sold.....

v2offer
05-08-08, 13:03
SO WHAT IF IT IS 100% SOLD? WITH ONLY 40 ODD UNITS, IT IS NOT DIFFICULT TO FIND 40 ODD IDIOTS TO FILL UP ALL THE UNITS. TRY FILLING UP A 600 UNIT CONDO WITHIN A WEEK...IT IS IMPOSSIBLE.

It still shows there are many buyers out there.... Wise investors dun follow majority of ppl... Majority of ppl just follow the flow....

1234567890
05-08-08, 13:11
WISE PEOPLE DON'T SPEND CONDO MONEY ON SMALL MICKEY MOUSE APARTMENTS. WISE PEOPLE WON'T WANT THEIR LIVING AREA TO BE SURROUNDED BY FILTH. WISE PEOPLE FOCUS ON QUALITY OF LIFE, NOT JUST PROXIMITY TO TOWN...


It still shows there are many buyers out there.... Wise investors dun follow majority of ppl... Majority of ppl just follow the flow....

v2offer
05-08-08, 13:15
WISE PEOPLE DON'T SPEND CONDO MONEY ON SMALL MICKEY MOUSE APARTMENTS. WISE PEOPLE WON'T WANT THEIR LIVING AREA TO BE SURROUNDED BY FILTH. WISE PEOPLE FOCUS ON QUALITY OF LIFE, NOT JUST PROXIMITY TO TOWN...

Ok. I got Aristo in Amber Road... U want?? FH also.. Near beach... Away from City. Surround by many rich ppl... Good Quality style of living...

1234567890
05-08-08, 13:17
ARISTO GROSSLY MARKED UP. NO POINT IN THIS MKT


Ok. I got Aristo in Amber Road... U want?? FH also.. Near beach... Away from City. Surround by many rich ppl... Good Quality style of living...

1234567890
05-08-08, 13:18
HAVING READ SOME THREADS, BEACON HEIGHTS APPEAR TO BE THE BEST BUY NOW...


Ok. I got Aristo in Amber Road... U want?? FH also.. Near beach... Away from City. Surround by many rich ppl... Good Quality style of living...

v2offer
05-08-08, 13:19
ARISTO GROSSLY MARKED UP. NO POINT IN THIS MKT

haha.. Ai pe ai chee ai near mrt.... tkk lor....

1234567890
05-08-08, 13:22
AI PE AI CHEE AI NEAR MRT SO BEACON HEIGHTS IS GOOD OPTION, RIGHT?


haha.. Ai pe ai chee ai near mrt.... tkk lor....

v2offer
05-08-08, 13:25
AI PE AI CHEE AI NEAR MRT SO BEACON HEIGHTS IS GOOD OPTION, RIGHT?

Yes.... 10mins to Boon Keng MRT.. Free shuttle bus also... If u want, i also got info. Sat I will be there... Call me @ 92718723 if u interested... Price about $900psf for 999yrs project... City View too...

frontosa
05-08-08, 14:14
Anyway, Urban Loft is 100% sold.....

Not surprised, not many units and also near the MRT.

v2offer
05-08-08, 14:34
Not surprised, not many units and also near the MRT.

Shows still got interested buyers around if the price and location is good....

456
05-08-08, 16:17
AI PE AI CHEE AI NEAR MRT SO BEACON HEIGHTS IS GOOD OPTION, RIGHT?
beacon heights is not that near to MRT lor

beacon hao siao lah
05-08-08, 16:36
AI PE AI CHEE AI NEAR MRT SO BEACON HEIGHTS IS GOOD OPTION, RIGHT?


Beacon heights also not pee leh.

Not so chee also.

MRT? Where got?

v2offer
05-08-08, 17:36
beacon heights is not that near to MRT lor

Oredi say 10min from MRT liao... But got free shuttle bus

frontosa
05-08-08, 17:37
Beacon Heights is in the middle of Potong Pasir and Boon Keng. The selling point is that it is a freehold. I dun exactly know the location, if one wants to buy this, can use the surrounding condo as a gauge esp there are quite a few around.

v2offer
05-08-08, 17:39
Beacon heights also not pee leh.

Not so chee also.

MRT? Where got?

Compare to other 999yrs project, Beacon Heights consider pee liao... Near city, 999yrs, new project, full condo facilities, under $1000psf.... Dakota 99yrs oredi hit $1000psf.... Woodville28 99yrs oredi around $880psf....

i have seen the light
05-08-08, 17:45
Beacon Heights is in the middle of Potong Pasir and Boon Keng.

AKA "no man's land".

True, supporters of Beacon Heights may say, oh this is the new upcoming area with potential, price will rise, etc etc.

Well, one can say the same for West Coast, Jurong East, Kallang, Tanah Merah, whatever.

So I pose this question to you guys: If Singapore has so many "up and coming areas" everywhere then what is the advantage one has over another? Will price really rise? Will it make such a good investment? My answer is NO because Singapore has so many new up and coming areas that the effect of "up and coming" cancels itself out! It ceases to be attractive attractive anymore because another one can easily be had in another location.

It is not like in the past where up and coming referred to Novena and Tiong Bahru. At that time, those locations were unique in the sense that there was nowhere else in Singapore with this kind of Govt promotion and money pumping in. But today, this kind of Govt promotion and investment is everywhere from Jurong to Changi.

Hnece, no more unique. Up and coming area is just a marketing ploy now.

v2offer
05-08-08, 17:54
Beacon Heights is in the middle of Potong Pasir and Boon Keng. The selling point is that it is a freehold. I dun exactly know the location, if one wants to buy this, can use the surrounding condo as a gauge esp there are quite a few around.

Hi Frontosa,
Is 999yrs, not Freehold.... It is located at St. Michael's Road....

v2offer
05-08-08, 17:58
AKA "no man's land".

True, supporters of Beacon Heights may say, oh this is the new upcoming area with potential, price will rise, etc etc.

Well, one can say the same for West Coast, Jurong East, Kallang, Tanah Merah, whatever.

So I pose this question to you guys: If Singapore has so many "up and coming areas" everywhere then what is the advantage one has over another? Will price really rise? Will it make such a good investment? My answer is NO because Singapore has so many new up and coming areas that the effect of "up and coming" cancels itself out! It ceases to be attractive attractive anymore because another one can easily be had in another location.

It is not like in the past where up and coming referred to Novena and Tiong Bahru. At that time, those locations were unique in the sense that there was nowhere else in Singapore with this kind of Govt promotion and money pumping in. But today, this kind of Govt promotion and investment is everywhere from Jurong to Changi.

Hnece, no more unique. Up and coming area is just a marketing ploy now.

Up and coming means new developments coming up around that area. Like Jurong Lake District, Payer Lebar District... Therefore, everywhere in Singapore with new developments are up n coming areas....

the light
05-08-08, 18:00
Up and coming means new developments coming up around that area. Like Jurong Lake District, Payer Lebar District... Therefore, everywhere in Singapore with new developments are up n coming areas....

... which is, everywhere in Singapore.

I rest my case.

v2offer
05-08-08, 18:03
... which is, everywhere in Singapore.

I rest my case.

As of now, new up n coming is only Jurong Lake n Payer Lebar. For those ppl like those areas, can consider there... .. After that then will move to other places.... Next in line is Dawson Estate... coming up in 2014.... Somemore govt still haven annouced.....

MRT so what
05-08-08, 18:08
It is just like how "near MRT" used to be a big deal for condos.

Now? Aiyah, everywhere also near MRT.

Future, say 20-30 years from now? Lagi better.

No need to pay a premium for near MRT lah. The way the SMRT/SBS manage the trains and the passenger volume flow, I'd rather take the bus.

Aiyah don't talk about how they manage MRT lah.... say already can vomit blood.

1234567890
06-08-08, 00:39
go and look at the map lah... anywhere in singapore less than 1km to mrt is considered near. go and take a drive down to beacon heights and you will like the area for its peacefulness. vetro and beacon heights are the 2 most expensive condos in st michael road now for a reason, as they offer the best quality living in the area. imagine yourself driving into st michael and the tallest condo awaits your entry. you cannot compare all the other cheapo apartments along st michael road to these 2 condos as they are in a totally different league. It is like comparing St Regis with one of those old apartments nearby along tanglin road. you get my point?


beacon heights is not that near to MRT lor

v2offer
06-08-08, 09:10
go and look at the map lah... anywhere in singapore less than 1km to mrt is considered near. go and take a drive down to beacon heights and you will like the area for its peacefulness. vetro and beacon heights are the 2 most expensive condos in st michael road now for a reason, as they offer the best quality living in the area. imagine yourself driving into st michael and the tallest condo awaits your entry. you cannot compare all the other cheapo apartments along st michael road to these 2 condos as they are in a totally different league. It is like comparing St Regis with one of those old apartments nearby along tanglin road. you get my point?

Yes u r right.... Have u bought the unit in Beacon yet????

mr funny
06-08-08, 10:33
http://www.todayonline.com/articles/269055.asp

Wednesday, August 6, 2008

Little India condo sold within 2 hrs

Loh Chee Kong

[email protected]


REAL estate agents claim a new five-story condominium in Little India has been “100 per cent sold within two hours of balloting”.

The brisk sales for Urban Lofts has caught property analysts offguard, especially coming during the Hungry Ghost month, when superstitious buyers are traditionally scared away.

It was also surprising given the current economic uncertainty, when sentiments for high-end property are expected to be weak.

Huttons Real Estate Group claimed on its website yesterday that all 50 units in the freehold condo in Rangoon Road had been snapped up. They had been marketed at around $912 per square foot.

However, Chesterton International research director Colin Tan pointed out that actual transaction prices might be lower than the listed guide price and this could have attracted speculators in for a quick profit.

If so, said Mr Tan: “I’m not surprised that there is still unsatisfied demand out there. There is demand but at what price?”

Noting that the development had previously not generated much media publicity, Knight Frank research director Nicholas Mak added: “Either this product is very good and underpriced or there was a lot of pre-marketing efforts. But which developer right now would not sell its product at a higher price if they can?”

“For example, they could tell their agents to go and source for potential customers. With the cheques all lined up, within the two hours they just do the administrative work.”

Huttons could not be reached for comment.

According to online advertisements, the development is made up of one single block comprising 46 Soho homes and four commerical units.

Construction is expected to begin by year-end of the year ready for completion by end-September 2011.

1234567890
06-08-08, 10:44
in the process of doing so coz i have searchd n cannot find any decent cndo near town at gd price. I put my money where my mouth is nt just empty talk
Yes u r right.... Have u bought the unit in Beacon yet????

v2offer
06-08-08, 10:52
in the process of doing so coz i have searchd n cannot find any decent cndo near town at gd price. I put my money where my mouth is nt just empty talk

Any agents helping u now?? If no, maybe I can help u.. U can call me @ 92718723. Thanks...

007
06-08-08, 12:26
It is just like how "near MRT" used to be a big deal for condos.

Now? Aiyah, everywhere also near MRT.

Future, say 20-30 years from now? Lagi better.

No need to pay a premium for near MRT lah. The way the SMRT/SBS manage the trains and the passenger volume flow, I'd rather take the bus.

Aiyah don't talk about how they manage MRT lah.... say already can vomit blood.
sour grape

Newbie Homebuyer
06-08-08, 12:36
i think the postive sales has a lot to do with pricing. cheap and below $800-900k, which i understand from agents, is like some kind of mental resistance level for locals..

frontosa
06-08-08, 17:05
sour grape

Agree, where got everywhere near MRT one? Investment in properties is all about location, this is something that one must know. Why would a store near the station command high rental?

frontosa
06-08-08, 17:06
i think the postive sales has a lot to do with pricing. cheap and below $800-900k, which i understand from agents, is like some kind of mental resistance level for locals..

The size as well, they are small units.

CITYFRINGE INVESTOR
06-08-08, 23:28
SINGAPOREANS OF ONE KIND. WHEN THE PROPERTY PRICE SHOOT UP, THEY LAMENT WHY THEY DID NOT BUY IT WHEN IT WAS DOWN. WHEN IT IS TOO HIGH, THEY KEEP CONSOLING THEMSELVES THAT WHAT GOES UP WILL COME DOWN. THAT IS WHY MOST AVERAGE SINGAPOREANS WILL NEVER GO FAR IN LIFE AND WILL NEVER GET TO SEE THE POT OF GOLD THAT FARSIGHTED PEOPLE SEE. IF ANYONE HAS FORESIGHT, I WILL ADVISE YOU TO LOOK AT THE CITYFRINGE. IF YOU READ THE PAPERS, I DO NOT HAVE TO ELABORATE MUCH....


The size as well, they are small units.

frontosa
07-08-08, 00:03
SINGAPOREANS OF ONE KIND. WHEN THE PROPERTY PRICE SHOOT UP, THEY LAMENT WHY THEY DID NOT BUY IT WHEN IT WAS DOWN. WHEN IT IS TOO HIGH, THEY KEEP CONSOLING THEMSELVES THAT WHAT GOES UP WILL COME DOWN. THAT IS WHY MOST AVERAGE SINGAPOREANS WILL NEVER GO FAR IN LIFE AND WILL NEVER GET TO SEE THE POT OF GOLD THAT FARSIGHTED PEOPLE SEE. IF ANYONE HAS FORESIGHT, I WILL ADVISE YOU TO LOOK AT THE CITYFRINGE. IF YOU READ THE PAPERS, I DO NOT HAVE TO ELABORATE MUCH....

Agree. Opportunity dun knock twice. City fringe has a lot of potential, especially there is a mediplex there.

CITYFRINGE INVESTOR
07-08-08, 13:48
A LOT OF PEOPLE IN THIS FORUM ARE JUST HALF PAST SIX ABOUT PROPERTY INVESTMENT. THEY SING PRAISES ALL DAY ABOUT DEVELOPED PRIME DISTRICTS THAT HAVE ALREADY BEEN FULLY VALUED AND OVERLY PRICED TO DATE, NEGLECTING CITYFRINGE PROPERTIES IN ST MICHAEL, BOON KENG OR BELESTIAR. IF YOU INVEST IN AN AREA, YOU NEVER WANT TO BUY A PLACE WHEN IT IS FULLY DEVELOPED AS OWNERS WILL SELL YOU AT A PREMIUM. MY ADVICE TO YOU GUYS WILL ALWAYS BE TO BUY PLACES NEAR TOWN WITH AN UPSIDE POTENTIAL. PRICE RANGE FOR BETWEEN $800PSF TO $900PSF IS A STEAL FOR CITY FRINGE PROJECTS OFFERING FULL CONDO FACILITIES, SO DON'T MISS THE BOAT.

KINDLY REFRAIN FROM ATTACKING ME IN THE FORUM AS I AM JUST OFFERING A PIECE OF ADVICE TO POTENTIAL INVESTORS OUT THERE...


Agree. Opportunity dun knock twice. City fringe has a lot of potential, especially there is a mediplex there.

Unregistered99
07-08-08, 17:51
i;m not attacking you. but why use all CAPS and SHOUT TO MAKE YR POINT? we all understand. thks.

Just_my_point
07-08-08, 18:18
I think CITYFRINGE INVESTOR are just half past six about net attitude, don't realise the implication about using caps. To me, different people have different opinion and risk appetite, whether the location is good for now or in the future. More importantly, It all depends if you have deep pocket to hold the property, so when during the downturn, still able to sustain it. In the long run, a good property, in a good location, esp freehold, is a good bet and even better if it provide good renting opportunity.
Anyway, why do they want it to use Little India condo, when it is just besides Rangoon, and if I am not wrong, it it is nearer to Farrer Park MRT. I wonder why?

frontosa
07-08-08, 18:40
Maybe i am wrong, they use Little India cause it may within the vicinity of Little India. I think this is fine as the distance is quite minimal if you walked between these 2 stations.

Do you know that some part of Serangoon is called Marine Parade because they are under the Marine Parade GRC? This is absurd compared to this.

CITYFRINGE INVESTOR
07-08-08, 23:18
Sorry for using caps earlier... Singapore is a multiracial society and each race has its distinctive area (indians in little india, chinese in chinatown, malays in geylang serai, white people in holland area etc). although the demarcation is insignificant today, but it is only natural for different races to find an area they can call their own. Just my 2 cents worth anyway...


Maybe i am wrong, they use Little India cause it may within the vicinity of Little India. I think this is fine as the distance is quite minimal if you walked between these 2 stations.

Do you know that some part of Serangoon is called Marine Parade because they are under the Marine Parade GRC? This is absurd compared to this.

Petmail
19-08-08, 00:29
make love not make war. let's be pretty neutral about the whole issue. there are many concerns by many people. but i do agree most super rich are mainly really wise people who do not follow the majority public when it comes to investment either stock or property. They know when its the right time to go in and majority of them have already started moving in while the rest of the public are still very dependent on the paper to feed them mostly outdated information that eventually motivate or demotivate them. in fact of of the them those who comment good and bad news about the economy are the people who actually taken action before they start to conclude and comment publicly. they would be billionaires already if they are really so accurate! most often, their comment are usual quite the opposite. the said US dollar will fall beyond $1.30 but its started to rebound, say investors are not keen to buy but there are still so many new cars and in fact mostly super cars and expensive cars being registered and bought by Singaporean. Ferraris, Porsche, Lamborgini, Audi R8, Nissan Skyline, Mercedes Benz S or C class, BMW 7 or 6 series, etc. These are all the kinda cars that is running with mostly new plate number and most with bidded numbers. Why would they be so crazy to spend half the amount of what is regarded to the rest of the public the amount to buy a private property when most are telling themselves bad economy, bad times etc. As for urban loft, it was really sold out the same day within the first 2 hrs of price list release and not on a first come first served basis but on a ballotting basis instead. there are a mixture of both investors and HDB upgraders as well. some of the investors are in fact our client who lost out on the ballotting during the last few ballotted project like suites123, mackenzie88 etc. Beacon Height currently the best buy in the market and definitely one looking at the kinda price, location, finishing, views, etc. We should be considering not just the development but also the most important factor that will determine if property markets are still going to be strong in many years to come; Social factor within Singapore at least for the last 10 years and next 10 years. Why was Singapore quoted as one of the world richest land in the world other than switzerland? why would most investors prefers to invest into Singapore? Why do you realise most of the recent investor and numbers still increasing are nationalities like China Chinese, India Indian, Indonesian (the long time supporters, Hong Kong People, European and even those super rich malaysian and thais are current major buyers into Singapore properties. Why did URA announced and promise more residential site within near distance from the city even areas near tanjong rhu as well? All for one simple factor: We are Simply Economically STABLE with extremely GOOD SECURITIES FREE FROM CORRUPTION & we definitely gonna see our property soar in time to come!!! Now ask yourself this question: "Do you wanna be one of the average beings in Singapore who may have to continue slogging till you retire or would you rather be one of those in the top earnings thru wise and sharp property investment?" One simple property investment might just be the turning point in your life!

Just my humble two cents without any prejudices.

:)
Pet

silentsoul
22-08-08, 22:43
I think its a matter of personal investment choice - no point to time the market. That aside - its also dependent on the development. For Urban Loft, I think it stands apart from the rest of the development with its unique and upmarket design (jacuzzi and penthouse swimming pool). Might not be a few hundered unit development but sited quite strategically near MRT (across the road) and away from the crowds. The area is also more Chinese being at the north of Farrer park MRT.

Petmail
23-08-08, 01:55
I think this web site is getting kinda abusive & racist already... Haiz.. shouldn't the moderator be doing something here???

:(
Pet

silentsoul
23-08-08, 08:21
Dont worry abt the childish banter, Petmail. You can just ignore them. In any case - racism is caught under the Singapore penal code and much like people on-line here doesnt realise - these are constantly being monitored.

frontosa
23-08-08, 13:09
make love not make war. let's be pretty neutral about the whole issue. there are many concerns by many people. but i do agree most super rich are mainly really wise people who do not follow the majority public when it comes to investment either stock or property. They know when its the right time to go in and majority of them have already started moving in while the rest of the public are still very dependent on the paper to feed them mostly outdated information that eventually motivate or demotivate them. in fact of of the them those who comment good and bad news about the economy are the people who actually taken action before they start to conclude and comment publicly. they would be billionaires already if they are really so accurate! most often, their comment are usual quite the opposite. the said US dollar will fall beyond $1.30 but its started to rebound, say investors are not keen to buy but there are still so many new cars and in fact mostly super cars and expensive cars being registered and bought by Singaporean. Ferraris, Porsche, Lamborgini, Audi R8, Nissan Skyline, Mercedes Benz S or C class, BMW 7 or 6 series, etc. These are all the kinda cars that is running with mostly new plate number and most with bidded numbers. Why would they be so crazy to spend half the amount of what is regarded to the rest of the public the amount to buy a private property when most are telling themselves bad economy, bad times etc. As for urban loft, it was really sold out the same day within the first 2 hrs of price list release and not on a first come first served basis but on a ballotting basis instead. there are a mixture of both investors and HDB upgraders as well. some of the investors are in fact our client who lost out on the ballotting during the last few ballotted project like suites123, mackenzie88 etc. Beacon Height currently the best buy in the market and definitely one looking at the kinda price, location, finishing, views, etc. We should be considering not just the development but also the most important factor that will determine if property markets are still going to be strong in many years to come; Social factor within Singapore at least for the last 10 years and next 10 years. Why was Singapore quoted as one of the world richest land in the world other than switzerland? why would most investors prefers to invest into Singapore? Why do you realise most of the recent investor and numbers still increasing are nationalities like China Chinese, India Indian, Indonesian (the long time supporters, Hong Kong People, European and even those super rich malaysian and thais are current major buyers into Singapore properties. Why did URA announced and promise more residential site within near distance from the city even areas near tanjong rhu as well? All for one simple factor: We are Simply Economically STABLE with extremely GOOD SECURITIES FREE FROM CORRUPTION & we definitely gonna see our property soar in time to come!!! Now ask yourself this question: "Do you wanna be one of the average beings in Singapore who may have to continue slogging till you retire or would you rather be one of those in the top earnings thru wise and sharp property investment?" One simple property investment might just be the turning point in your life!

Just my humble two cents without any prejudices.

:)
Pet

Well said, you have a point there.

withdraw
28-08-08, 11:54
Apparently, 3 units have been given up by buyer who got it in the first ballot. These 3 units are open for sale again. Wonder why they are giving up their unit..

8:::::::::::o
28-08-08, 12:22
becoz these wise people realise they are paying condo money for only mickey mouse apartments so not worth their time. Urban loft is near town but the area offers low quality living
Apparently, 3 units have been given up by buyer who got it in the first ballot. These 3 units are open for sale again. Wonder why they are giving up their unit..

question mark
28-08-08, 14:47
what is so racist bout any of the postings? are there any insults hurled at a particular racial group whch i see none? Don't anyhow play the race card coz it is dangerous
Dont worry abt the childish banter, Petmail. You can just ignore them. In any case - racism is caught under the Singapore penal code and much like people on-line here doesnt realise - these are constantly being monitored.

frontosa
28-08-08, 15:04
Apparently, 3 units have been given up by buyer who got it in the first ballot. These 3 units are open for sale again. Wonder why they are giving up their unit..

By one buyer? Something is fishy. Any idea what are the units?

withdraw
28-08-08, 15:12
By one buyer? Something is fishy. Any idea what are the units?

I think it's different buyers. #02-08, #02-06 and #04-06.

Sold or not
29-08-08, 11:18
I think it's different buyers. #02-08, #02-06 and #04-06.

Any idea if the withdrawn units have been sold? Heard they had a fresh round of ballot again yesterday.

frontosa
29-08-08, 11:31
If there is balloting meaning that they are interested parties. There are always people pulling off the sales due to many reasons. If the property is attractive, there will be peple grabbing it.

v2offer
29-08-08, 12:18
If there is balloting meaning that they are interested parties. There are always people pulling off the sales due to many reasons. If the property is attractive, there will be peple grabbing it.

Balloting start already....

Unregistered999
29-08-08, 12:21
I think its a matter of personal investment choice - no point to time the market. That aside - its also dependent on the development. For Urban Loft, I think it stands apart from the rest of the development with its unique and upmarket design (jacuzzi and penthouse swimming pool). Might not be a few hundered unit development but sited quite strategically near MRT (across the road) and away from the crowds. The area is also more Chinese being at the north of Farrer park MRT.

Urban lofts have shop units below. It is far from condo like with limited features and yet buyers are paying more for it than City Square? I am just baffled. Can somone explain why City Square is cheaper???

BV
29-08-08, 14:39
Urban lofts have shop units below. It is far from condo like with limited features and yet buyers are paying more for it than City Square? I am just baffled. Can somone explain why City Square is cheaper???

Because many people prefer to buy straight from developers (and getting ripped off by them), rather than allow earlier buyers to make a profit by buying a subsale unit. It's psychological..

Stupid mentality which defies rationality, but it's true. Smarter buyers will know clearly which provides better value :)

James Bonds
29-08-08, 16:24
Urban lofts have shop units below. It is far from condo like with limited features and yet buyers are paying more for it than City Square? I am just baffled. Can somone explain why City Square is cheaper???

City Square is a different product. Surrounded by red lights. And its wall is not concrete.

frontosa
29-08-08, 18:27
City Square is a different product. Surrounded by red lights. And its wall is not concrete.

Then what is the wall made of?

Condo
29-08-08, 21:39
Actually its a valid qn. Anyone know why the units at Rangoon road side is more expensive than Citysquare? PSF diff is abt SGD 100.

Serious discussion.
Mornonic or racist answers - please keep away.:scared-2:

Just me again
31-08-08, 00:27
If there is balloting meaning that they are interested parties. There are always people pulling off the sales due to many reasons. If the property is attractive, there will be peple grabbing it.

There is a re-ballot on Friday 1 pm for the 3 units, and all taken up also. I heard 1 unit was given up, as the buyer thought he/she csn use the unit as SOHO kind of business, and wanted it to be written black and white. Hw can that be, SOHO, in a private luxury condo. Looks like the interest in this property is still there, juding from the reballot, and the many interests still coming in to query about the availability. For me, I think this property have huge potential for investment, rental, as I am sure, many professional and doctors working in the vicinity will like a place to stay in near to their office.
Also one that is so near to central town, many good food places, MRT etc. Ths place around it, is booming, judging by the amount of activities and construction, coming up.

no big deal
31-08-08, 03:50
the development is so small what is the big deal in a sellout? Only people with mickey mouse brains would pay condo money to buy mickey mouse apartments with no facilities. Location also sucks as surrounded by black sea.
There is a re-ballot on Friday 1 pm for the 3 units, and all taken up also. I heard 1 unit was given up, as the buyer thought he/she csn use the unit as SOHO kind of business, and wanted it to be written black and white. Hw can that be, SOHO, in a private luxury condo. Looks like the interest in this property is still there, juding from the reballot, and the many interests still coming in to query about the availability. For me, I think this property have huge potential for investment, rental, as I am sure, many professional and doctors working in the vicinity will like a place to stay in near to their office.
Also one that is so near to central town, many good food places, MRT etc. Ths place around it, is booming, judging by the amount of activities and construction, coming up.

Urban lofts
31-08-08, 14:49
Yes, I heard abt the balloting and the so-called lucky ones got it at launch prices..all under $500k.
No guarantee that the 1-rm apartment will be taken up by the tenants
since its too tiny..most probably foreigners..
But at least they will be comforted to know that SARS, bird-flu etc.. did not come from the black sea.

watcher
31-08-08, 21:08
Let's wait and see if this project does well when it it ready..No one now knows for SURE if anyone will want to rent that place..

Yellow Sea
31-08-08, 22:50
Yes, I heard abt the balloting and the so-called lucky ones got it at launch prices..all under $500k.
No guarantee that the 1-rm apartment will be taken up by the tenants
since its too tiny..most probably foreigners..
But at least they will be comforted to know that SARS, bird-flu etc.. did not come from the black sea.


Yes SARs did originate from the YELLOW sea. LOL

geography teacher
01-09-08, 02:41
got black sea but where got yellow sea?
Yes SARs did originate from the YELLOW sea. LOL

Mother of Geog Teachers
01-09-08, 09:31
got black sea but where got yellow sea?
Yellow sea is next to China and where the Yellow river flows to. How come you don't know? Go and read your Geography book again.

SOHO
01-09-08, 11:12
Let's wait and see if this project does well when it it ready..No one now knows for SURE if anyone will want to rent that place..

Some other completed projects at the Farrer Park MRT have been fully taken up. Young profeesionals (even mediacorp artists) who work in the city areas and don't want to drive are mainly the tenants. It's a new living alternative that highly in demand now a day.

no yellow sea here
01-09-08, 12:15
sorry lah...no yellow sea in singapore, only black sea. D8 polluted by black sea. Air pollution ("Ba Woo") and a total eye sore to many...


Yellow sea is next to China and where the Yellow river flows to. How come you don't know? Go and read your Geography book again.

Unregistered_A
01-09-08, 13:38
Some other completed projects at the Farrer Park MRT have been fully taken up. Young profeesionals (even mediacorp artists) who work in the city areas and don't want to drive are mainly the tenants. It's a new living alternative that highly in demand now a day.


The units that are north of Farrer Park MRT at Rangoon road side seemed to be in more demand. I dont think that units the size of 400-500 sqf would be desirable -but any studio >600 sqf (which is almost a 3room flat) would be quite interesting.

frontosa
01-09-08, 14:28
Some other completed projects at the Farrer Park MRT have been fully taken up. Young profeesionals (even mediacorp artists) who work in the city areas and don't want to drive are mainly the tenants. It's a new living alternative that highly in demand now a day.

I find this area cater for this group of people, a mixture of city and heartland. A location with rich heritage and a bit of city like, this place is unqiue of its kind.

rich ah neh heritage
01-09-08, 14:41
yeah, the place has rich ah neh heritage. The heritage comes at a price, the neighbourhood is dirty and smelly and everyday mingling with the prata and mutton curry crowd. The smell of black sea population is so overwhelming that my grandmother almost fainted walking around the area.....


I find this area cater for this group of people, a mixture of city and heartland. A location with rich heritage and a bit of city like, this place is unqiue of its kind.

bhowner
01-09-08, 14:45
yeah, the place has rich ah neh heritage. The heritage comes at a price, the neighbourhood is dirty and smelly and everyday mingling with the prata and mutton curry crowd. The smell of black sea population is so overwhelming that my grandmother almost fainted walking around the area.....

Why are these people not arrested??? Thought the singapore police is very good at tracking down people who post racist remark on forums?? Someone should make a police report to get rid of all these jokers.

U care to explain?
01-09-08, 17:00
how are the remarks racist? Care to explain? Dont play the race card at ur whim. World wars happen becoz of people like u. Many people calling for jihad coz they have personal vendetta nt becoz anyone has insultd muslims. U better wake up ur idea
Why are these people not arrested??? Thought the singapore police is very good at tracking down people who post racist remark on forums?? Someone should make a police report to get rid of all these jokers.

Unregistered111
02-09-08, 09:09
Did you guys read today's paper on City Square Mall being turned into a food haven. 3 foodcourts with one specialising in Japanese food, 50 restaurants and 25% of the space being allocated to Food. What s smart marketing strategy, Chinese would go anypart of Singapore as long as there is good food. That is why you find all the popular coffeeshops in Geyland crowded with families even though the prostitutes are plying their trade 5 feet away.
So City Square will now be a confirmed success since with so many people going there for food, the whole mall will benefit and be flooded with Chinese instead of Indians as feared by many who hesitated buying City Square thinking how can City Cquare Mall ever succeed.
So smart buyers should seize this oppurtunity and grab a unit at Cist Square before prices shoot up once the mall opens.

frontosa
02-09-08, 09:29
Ya, saw the news. Below are the tenants.

They are Metro, NTUC FairPrice, Best Denki, Kopitiam, MindChamps PreSchool, Amore Fitness & Boutique Spa, home furnishings company V.Hive, Popular bookstore, and halal food court operator Banquet.

Unregistered111
02-09-08, 09:54
CITY Development Limited’s (CDL)new eco-friendly City Square Mallin Little India has won accoladesfrom government agencies, architectsand ordinary Singaporeansalike. But it also means that itsanchor tenants, which were unveiledyesterday, have a tough actto follow.With the rest hard at work tocomeupwithgreenpractices beforethe $250-million mall’s openingat the end of next year, one ofthem,NTUC FairPrice, has alreadythrown down the gauntlet.Apart from pledging dedicatedcheckout lanes for shoppers withreusable bags — a first in Singapore— it will have a section solely fororganic products. The 26,000-sq-ftFairPrice outlet will also installmotion-sensor lighting in its officeand storeroom, whichmeansthey only light up when someoneis inside. It will also have energyefficientLED lights in its chillersand freezers.Said FairPrice’s managing directorSeah Kian Peng: “All the tenantswill want to make sure that we blendin with the theme, that we can alsodo our part to reinforce the growingawareness of going green.”
According to CDL, 70 percent of its shop space havebeen taken up, with basicrentals ranging between$8 to $15 per square foot amonth. The completed mall,located at the junction ofKitchener Road andSerangoonRoad, will boast morethan 250 shops, with 25 percent made up of food andbeverage outlets.Other than FairPrice,City Square Mall will featureeight other anchor tenants,including Metro, Best Denki,Popular and Kopitiam. Whilethese are household nameswith Singaporean shoppers,they will each offer a new retailexperience by going green.Their landlord will be “encouraging and facilitating” such measures,said Mr Chia Ngiang Hong,CDL’s group general manager.City Square Mall’s eco-friendlyfeatures — including urinals thatdo not use water and sensors thatmonitor carbon monoxide levelsin the air — saw CDL becoming thefirst private developer to clinch theBuilding and Construction Authority’sGreen Mark Platinum awardlast year.It also won the Cityscape AsiaReal Estate Award for Best Developer
this year.Directly connected to the FarrerPark MRT station, the 11-storeyshopping centre would feature an
adjacent 47,000-sq-ft park.Targeted at the heartland population, Mr Chia said the mallwould capture the crowds fromresidential estates along the NorthEast Line, where “there seems to be
shortage of good shopping areas”,according to a survey by propertyresearch firm DTZ.CDL expects to attract 1.3 millionpeople to the mall each month.While consumer sentiments appearto be weakening due to the economicslowdown, Mr Chia pointedout that the “buying sentimentsof the heartland population will
always be there”.Ms Corinne Yap, CDL’s deputygeneral manager of marketing andleasing, believes the mall can alsocash in on the fact that Little Indiaranks as one of Singapore’s topthree tourist destinations.
“We hope that tourists will useour mall as a meeting place ... walkaround Little India and come back
for lunch later on,” said Ms Yap

pls use ur brains
02-09-08, 12:00
kindly use ur brains. If u read the posting which u said was racist, where is the racist remark? The criticism was directed at a 'neighbourhood' and one can faint at the smell of a thousand and one things going on in the neighbourhood (eg curry and spices as some people dont like them). As for 'black sea', the only racist connotation could only come from the twisted mind of a racist himself (ie you) as it does nt refer to any racial group. In case u r too stupid to know, black is a non-derogative term used to refer to Afro Americans, thus in the context of the post, it could never be a racist term. Moreover, 'black sea' could signify the many things that the poster does not like about the activities of a group (whch is still unknown) so where is the racist element? U have failed to justify anything racist and i think u might be the one having racist ideas.
Well, let's see how long you can laugh. Regardless of what race you are, even if it is the same race as the people you are insulting, you are still spouting a racist remark as long as your insults are race related. It is very clear that your insults are race related. So i rest my case. Just wait for your punishment which will happen very soon.

bhowner
02-09-08, 12:03
kindly use ur brains. If u read the posting which u said was racist, where is the racist remark? The criticism was directed at a 'neighbourhood' and one can faint at the smell of a thousand and one things going on in the neighbourhood (eg curry and spices as some people dont like them). As for 'black sea', the only racist connotation could only come from the twisted mind of a racist himself (ie you) as it does nt refer to any racial group. In case u r too stupid to know, black is a non-derogative term used to refer to Afro Americans, thus in the context of the post, it could never be a racist term. Moreover, 'black sea' could signify the many things that the poster does not like about the activities of a group (whch is still unknown) so where is the racist element? U have failed to justify anything racist and i think u might be the one having racist ideas.

Let's see who has the last laugh. All i can tell you is be prepared...

hahaha
02-09-08, 12:10
is that all u can say? Hahaha....that is the state about our education, to produce people like u who slander others for being racist and can't back up where libelous remarks. I could perhaps take up a case against u for inciting racial conflict and libel (2 cases against u) and u can also be prepared
Let's see who has the last laugh. All i can tell you is be prepared...

Unregistered1111
02-09-08, 13:13
kindly use ur brains. If u read the posting which u said was racist, where is the racist remark? The criticism was directed at a 'neighbourhood' and one can faint at the smell of a thousand and one things going on in the neighbourhood (eg curry and spices as some people dont like them). As for 'black sea', the only racist connotation could only come from the twisted mind of a racist himself (ie you) as it does nt refer to any racial group. In case u r too stupid to know, black is a non-derogative term used to refer to Afro Americans, thus in the context of the post, it could never be a racist term. Moreover, 'black sea' could signify the many things that the poster does not like about the activities of a group (whch is still unknown) so where is the racist element? U have failed to justify anything racist and i think u might be the one having racist ideas.

Every neighbourhood will have its smell including Chinatown. If you are immune to the smell in Chinatown and so concerned about the smell in Little India, siggest you just stay put in your pigeon hole in Keong Siak St and look at the prostitutes there,.

hahaha
02-09-08, 13:28
be careful coz registered bhowner might call u a racist for saying Chinatown has prostitutes...LoL
Every neighbourhood will have its smell including Chinatown. If you are immune to the smell in Chinatown and so concerned about the smell in Little India, siggest you just stay put in your pigeon hole in Keong Siak St and look at the prostitutes there,.

1234567890
06-09-08, 10:17
Interesting development.
Once the Medi Suites are up - there would be quite a fair bit of activity in the place. If both the working and shopping crowds are driven thru to the Farrer Park MRT - then there is quite alot of potential in this place




CITY Development Limited’s (CDL)new eco-friendly City Square Mallin Little India has won accoladesfrom government agencies, architectsand ordinary Singaporeansalike. But it also means that itsanchor tenants, which were unveiledyesterday, have a tough actto follow.With the rest hard at work tocomeupwithgreenpractices beforethe $250-million mall’s openingat the end of next year, one ofthem,NTUC FairPrice, has alreadythrown down the gauntlet.Apart from pledging dedicatedcheckout lanes for shoppers withreusable bags — a first in Singapore— it will have a section solely fororganic products. The 26,000-sq-ftFairPrice outlet will also installmotion-sensor lighting in its officeand storeroom, whichmeansthey only light up when someoneis inside. It will also have energyefficientLED lights in its chillersand freezers.Said FairPrice’s managing directorSeah Kian Peng: “All the tenantswill want to make sure that we blendin with the theme, that we can alsodo our part to reinforce the growingawareness of going green.”
According to CDL, 70 percent of its shop space havebeen taken up, with basicrentals ranging between$8 to $15 per square foot amonth. The completed mall,located at the junction ofKitchener Road andSerangoonRoad, will boast morethan 250 shops, with 25 percent made up of food andbeverage outlets.Other than FairPrice,City Square Mall will featureeight other anchor tenants,including Metro, Best Denki,Popular and Kopitiam. Whilethese are household nameswith Singaporean shoppers,they will each offer a new retailexperience by going green.Their landlord will be “encouraging and facilitating” such measures,said Mr Chia Ngiang Hong,CDL’s group general manager.City Square Mall’s eco-friendlyfeatures — including urinals thatdo not use water and sensors thatmonitor carbon monoxide levelsin the air — saw CDL becoming thefirst private developer to clinch theBuilding and Construction Authority’sGreen Mark Platinum awardlast year.It also won the Cityscape AsiaReal Estate Award for Best Developer
this year.Directly connected to the FarrerPark MRT station, the 11-storeyshopping centre would feature an
adjacent 47,000-sq-ft park.Targeted at the heartland population, Mr Chia said the mallwould capture the crowds fromresidential estates along the NorthEast Line, where “there seems to be
shortage of good shopping areas”,according to a survey by propertyresearch firm DTZ.CDL expects to attract 1.3 millionpeople to the mall each month.While consumer sentiments appearto be weakening due to the economicslowdown, Mr Chia pointedout that the “buying sentimentsof the heartland population will
always be there”.Ms Corinne Yap, CDL’s deputygeneral manager of marketing andleasing, believes the mall can alsocash in on the fact that Little Indiaranks as one of Singapore’s topthree tourist destinations.
“We hope that tourists will useour mall as a meeting place ... walkaround Little India and come back
for lunch later on,” said Ms Yap

cleanup team
07-09-08, 21:13
area full of dirt and grime. When u drive hme, u might kill smeone on the road without noticing.

cleanup team
07-09-08, 22:18
my family was killed when driving thru there


area full of dirt and grime. When u drive hme, u might kill smeone on the road without noticing.

judge
08-09-08, 09:50
my family was killed when driving thru there

Family was killed, don't anyhow say, please. Your talking may be free, but it may just happen, then you will know. I think, this thread are full of people who have prejudice and bias against the Indian community, or I suspected that these are people who have failed in the ballot to buy this attractive and potential property, or too late to even know about this property launch, as they are ill informed. Sour grapes are very prominent in the voice of some of them.

8::::::::::o
08-09-08, 15:08
R u biased against Indians? nobody mentioned anything about Indians and you have to be the first to bring it up. It is scumbags like you that create racial disharmony in the world and you deserve to get shot by a firing squad. Who would envious over people living in Urban Loft? The development is crap and people who buy it, I can only say that they have brains the size of a walnet....http://www.freesmileys.org/smileys/finger009.gif (http://www.freesmileys.org)http://www.freesmileys.org/smileys/laughing013.gif (http://www.freesmileys.org)



Family was killed, don't anyhow say, please. Your talking may be free, but it may just happen, then you will know. I think, this thread are full of people who have prejudice and bias against the Indian community, or I suspected that these are people who have failed in the ballot to buy this attractive and potential property, or too late to even know about this property launch, as they are ill informed. Sour grapes are very prominent in the voice of some of them.

Judge
08-09-08, 17:41
R u biased against Indians? nobody mentioned anything about Indians and you have to be the first to bring it up. It is scumbags like you that create racial disharmony in the world and you deserve to get shot by a firing squad. Who would envious over people living in Urban Loft? The development is crap and people who buy it, I can only say that they have brains the size of a walnet....http://www.freesmileys.org/smileys/finger009.gif (http://www.freesmileys.org)http://www.freesmileys.org/smileys/laughing013.gif (http://www.freesmileys.org)

Don't think you are such a smart Alec, never mention about race, indians etc. you and I, and the rest of the bro and sis here know what you are referring. If you dare, can you cross your heart and "sompah" that you are not referring such agenda. You have use different names to input into this forum, but from the way it is crafted, I know which are belonged to you. Nobody may know who you are, I think nobody will ever want to find out, but you yourself, will know who you are and what kind of person you are. I am sure many who is following this thread, have the same feeling as me. This is a forum for sharing information about property, not to vent your anger and dissatisfaction of your life to forum like this.

Sensible
08-09-08, 21:52
haha..the person who keep writing negative points abt little india / farrer park keeps visiting this page regularly..without realising, he can't get his mind off the area..maybe he wasn't successful in the balloting for urban lofts and is venting his frustration here...sour grapes?

For me i will never buy a property in the west like Boon Lay cos its too far from town, and i can't be bothered going to read the forum in the west section..and I don't see why i shd waste my time 'attacking' that area..

Unregistered111222
11-09-08, 17:43
haha..the person who keep writing negative points abt little india / farrer park keeps visiting this page regularly..without realising, he can't get his mind off the area..maybe he wasn't successful in the balloting for urban lofts and is venting his frustration here...sour grapes?

For me i will never buy a property in the west like Boon Lay cos its too far from town, and i can't be bothered going to read the forum in the west section..and I don't see why i shd waste my time 'attacking' that area..

Let alone the private condo, this person cannot even afford the 3rm HDB flat above Tekka Mall. Maybe it is his dream to stay in that area so all this racist stuff is just a plyt to drive investors away hoping he would finally be able to fulfull his dream of a 3 rm HDB pigeon hole. Once his dream is achieved, Little India will start smelling very good to him. Looks like the same person attacking City Square in the condo.com.sg forum

dont make me puke
11-09-08, 23:33
rangoon rd n little india will never be an upmkt estate coz of its filth. It will always be a shithole unless govt clean up the place. Easy to knock into people u cant see at nite so another hazard
Let alone the private condo, this person cannot even afford the 3rm HDB flat above Tekka Mall. Maybe it is his dream to stay in that area so all this racist stuff is just a plyt to drive investors away hoping he would finally be able to fulfull his dream of a 3 rm HDB pigeon hole. Once his dream is achieved, Little India will start smelling very good to him. Looks like the same person attacking City Square in the condo.com.sg forum

Petmail
12-09-08, 16:30
Its two different development we are talking. Citysquare Residences were previously launched at a lower price with a lower cost. selling price of citysquare is also determined by how motivated the owner is willing to sell. nearer to TOP while owners needs to take up loan, capacity to hold on to the unit, profit made from the sale, etc. Urban Loft on the other hand is a new project priced by developer whom had a very professional team of people who does nothing but only analysis and research before arriving with the right price tag.

Just my two cents worth!

Cheers!
:)
Pet

Pam
12-09-08, 23:02
Which is a better development?



Its two different development we are talking. Citysquare Residences were previously launched at a lower price with a lower cost. selling price of citysquare is also determined by how motivated the owner is willing to sell. nearer to TOP while owners needs to take up loan, capacity to hold on to the unit, profit made from the sale, etc. Urban Loft on the other hand is a new project priced by developer whom had a very professional team of people who does nothing but only analysis and research before arriving with the right price tag.

Just my two cents worth!

Cheers!
:)
Pet

BV
12-09-08, 23:16
Which is a better development?

In my view, definitely City Sq Residences, and by quite a margin too.... And on top of that, it's cheaper in PSF!! Go figure..

Janusk
13-09-08, 09:05
I have checked out the UL development when it came on.
Nice little development esp the Penthouse units with swimming pools. That area has basically lowrise condos (6-7 floors) and there could be some positives coming off the mediplex completion. Not too sure abt City Sq Residences as the 900+ families seemed abit over whelming. Of cos the pricing couldnt be compared as City Sq came out in 2006 when the prices were not that high.



In my view, definitely City Sq Residences, and by quite a margin too.... And on top of that, it's cheaper in PSF!! Go figure..

ULBuyer
13-09-08, 10:17
Isn't city square leasehold? Or am I wrong?

janusx
13-09-08, 10:56
I think its a Freehold.
Did you manage to get a UL unit? I heard its all sold out.
Which unit did you manage to get? PSF price?


Isn't city square leasehold? Or am I wrong?

ULBuyer
14-09-08, 08:19
I think its a Freehold.
Did you manage to get a UL unit? I heard its all sold out.
Which unit did you manage to get? PSF price?

ok ya did a bit of searching and it is indeed a freehold. If only I had the cash back in 2006.. had to settle for a 2BR UL unit, paid about 920+psf.

Janusk
14-09-08, 09:00
I went with a fren to see the UL showroom, and he got also an unit over there. But I think its a 1 bedroom PH unit at one of the 5th floor. The location is good because its super near MRT, and there is talk of a medisuite just across the street. Area seemed to be quiet and dotted with low rise apartments. Not too sure if UL will be as nice as the artist rendition - cos I think the surrounding could do with a bit of sprucing up -esp the older shop houses.




ok ya did a bit of searching and it is indeed a freehold. If only I had the cash back in 2006.. had to settle for a 2BR UL unit, paid about 920+psf.

Petmail
14-09-08, 14:54
if anyone is still keen in getting a penthouse unit with exclusively personal swimming pool like those in Urban Loft can drop me a line @ 82818888 so I may share with you more.

Chow
14-09-08, 20:06
Whats the catch with the Penthouse unit with swimming pool?
Thot its pretty common, no? i.e. any selling pt for this UL development?


if anyone is still keen in getting a penthouse unit with exclusively personal swimming pool like those in Urban Loft can drop me a line @ 82818888 so I may share with you more.

frontosa
15-09-08, 11:57
I went with a fren to see the UL showroom, and he got also an unit over there. But I think its a 1 bedroom PH unit at one of the 5th floor. The location is good because its super near MRT, and there is talk of a medisuite just across the street. Area seemed to be quiet and dotted with low rise apartments. Not too sure if UL will be as nice as the artist rendition - cos I think the surrounding could do with a bit of sprucing up -esp the older shop houses.

I think the mediplex is confirmed already. The design of the building can be shown below.

http://www.herwartharchitekten.de/farrer_singapore_en.php

frontosa
15-09-08, 12:00
ok ya did a bit of searching and it is indeed a freehold. If only I had the cash back in 2006.. had to settle for a 2BR UL unit, paid about 920+psf.

Which floor did you get? I went to the showflat and find the layout a bit weird. The location is indeed good, really minutes away frm the station.

iridrium
15-09-08, 14:07
At the time where people are complaining about foreign workers in their neighbourhood, there are people flocking to make their neighbourhood in an area full the the foregin workers.

I don't understand the logic at all.

King
17-09-08, 22:44
Like the design of this development.
Not as humongous as Citi residence.
Area is secluded with low rise developments


I think the mediplex is confirmed already. The design of the building can be shown below.

http://www.herwartharchitekten.de/farrer_singapore_en.php

BLACK SEA
18-09-08, 14:54
UL situated in the black sea. Smelly, dirty, filthy environment. A big no no to any potential buyer thinking of buying in the subsale market for UL.....

frontosa
18-09-08, 15:41
Like the design of this development.
Not as humongous as Citi residence.
Area is secluded with low rise developments

Agree that there is a diversity of housings there, at least it doesnt look like an urban jungle there.

Jason_lim
20-09-08, 23:59
ok ya did a bit of searching and it is indeed a freehold. If only I had the cash back in 2006.. had to settle for a 2BR UL unit, paid about 920+psf.


920psf is good price for a nice development like this in a good location.

Do you mind revealing the monthly maintainence fee?

I was looking at the prospectus previously and was surprised that a small development like UL has so many swimming pools, especially the private sky pools for the penthouses. So I was thinking about high maintainence... is that true?

Petmail
21-09-08, 01:48
Hi guys.. Urban Loft is already sold out.. if you would like to take a good look at our other new project, Mulberry Tree D11 & East Bay D15... East Bay has got exclusive swimming pool for most penthouse units too.

:)
Pet

Unregisteread
21-09-08, 02:10
east bay is in the middle of nowhere n also too expensive at mre than 1k psf
Hi guys.. Urban Loft is already sold out.. if you would like to take a good look at our other new project, Mulberry Tree D11 & East Bay D15... East Bay has got exclusive swimming pool for most penthouse units too.

:)
Pet

Peter2see
21-09-08, 10:40
Went down to the showroom. Maintenance for those PH units are $195 pm. All PH units have exclusive access to the skypool.



920psf is good price for a nice development like this in a good location.

Do you mind revealing the monthly maintainence fee?

I was looking at the prospectus previously and was surprised that a small development like UL has so many swimming pools, especially the private sky pools for the penthouses. So I was thinking about high maintainence... is that true?

Jason_lim
21-09-08, 14:23
Went down to the showroom. Maintenance for those PH units are $195 pm. All PH units have exclusive access to the skypool.


Thanks for replying. Wow, I am really surprised! $195pm for the penthouse with semi-private pool access? Its unbelievabily cheap.

Well done to the owners. If the PH units are paying just $195pm, I suspect the rest of the non-Ph owners are subsidizing the maintainence of the PH private pools... Otherwise... who's paying?

Petmail
21-09-08, 18:00
Thanks for replying. Wow, I am really surprised! $195pm for the penthouse with semi-private pool access? Its unbelievabily cheap.

Well done to the owners. If the PH units are paying just $195pm, I suspect the rest of the non-Ph owners are subsidizing the maintainence of the PH private pools... Otherwise... who's paying?


The 3bdrm penthouses are paying an estimated maintenance of $230-$260/mth.

:)
Pet

Peter2see
21-09-08, 19:20
I think for those - they have their own dedicated skypool for each unit. So the maintenance is not that high if you ask me.


The 3bdrm penthouses are paying an estimated maintenance of $230-$260/mth.

:)
Pet

Simon
24-09-08, 22:14
Nice development esp for the Penthouse units. Attractive considering the upcoming developments and the MRT just across the road.
Any subsale to date?



The 3bdrm penthouses are paying an estimated maintenance of $230-$260/mth.

:)
Pet

Petmail
27-09-08, 07:38
Nice development esp for the Penthouse units. Attractive considering the upcoming developments and the MRT just across the road.
Any subsale to date?


so far nope.. would you consider some other projects of ours?

Simon
27-09-08, 10:14
Thanks Petmail.
Reason I am looking at the area is because I believed with the Mediplex and the Citimall -the diversity and the vibrancy of the area would be very much enhanced. Mediplex besides catering to the wealthy, is also a hotel by itself. For people who fears the overwhelming crowd of Indians - the mass of hotel stayers, doctors, specialists, shoppers should turn the area around. This is particulary so for the the Rangoon area esp since at the moment, its already inhibited more by Chinese than Indians. That coupled with the fact that UL is across the street and next to MRT -makes it a good investment choice in the longer term. The pricing is fair at abt 950-1050 psf. Of cos Novena or Dolby Gauht (which is like 5mins away) is a desired district location - but its already built on realised facilities. At 1400-1600 psf, I am not too sure if it will represent more attractive returns.
Let me know if you think this is fair.


so far nope.. would you consider some other projects of ours?

Petmail
27-09-08, 15:33
Thanks Petmail.
Reason I am looking at the area is because I believed with the Mediplex and the Citimall -the diversity and the vibrancy of the area would be very much enhanced. Mediplex besides catering to the wealthy, is also a hotel by itself. For people who fears the overwhelming crowd of Indians - the mass of hotel stayers, doctors, specialists, shoppers should turn the area around. This is particulary so for the the Rangoon area esp since at the moment, its already inhibited more by Chinese than Indians. That coupled with the fact that UL is across the street and next to MRT -makes it a good investment choice in the longer term. The pricing is fair at abt 950-1050 psf. Of cos Novena or Dolby Gauht (which is like 5mins away) is a desired district location - but its already built on realised facilities. At 1400-1600 psf, I am not too sure if it will represent more attractive returns.
Let me know if you think this is fair.


Dear Simon,

I think you are already very familiar and aware of the market good enough for you to know where to put your money in for some good return in time to come. I do have a developer's studio unit which is under-value near the area but within D9 should you be keen to explore. Do drop me a call if you would like to know more.

Thanks!
:)
Pet

frontosa
28-09-08, 16:48
Thanks Petmail.
Reason I am looking at the area is because I believed with the Mediplex and the Citimall -the diversity and the vibrancy of the area would be very much enhanced. Mediplex besides catering to the wealthy, is also a hotel by itself. For people who fears the overwhelming crowd of Indians - the mass of hotel stayers, doctors, specialists, shoppers should turn the area around. This is particulary so for the the Rangoon area esp since at the moment, its already inhibited more by Chinese than Indians. That coupled with the fact that UL is across the street and next to MRT -makes it a good investment choice in the longer term. The pricing is fair at abt 950-1050 psf. Of cos Novena or Dolby Gauht (which is like 5mins away) is a desired district location - but its already built on realised facilities. At 1400-1600 psf, I am not too sure if it will represent more attractive returns.
Let me know if you think this is fair.

Agree that this area has great potential. A different set of pricing will set in once the Mediplex and Citimall have been completed. It is totally not fair to compare this area to Novena and Dolby Gault as the latter have already established their facilities. Once the housing at 9, 10, 11 get too saturated, this area will probably be the next on the watchlist. Just my thought!

Petmail
29-09-08, 04:20
Agree that this area has great potential. A different set of pricing will set in once the Mediplex and Citimall have been completed. It is totally not fair to compare this area to Novena and Dolby Gault as the latter have already established their facilities. Once the housing at 9, 10, 11 get too saturated, this area will probably be the next on the watchlist. Just my thought!

I believe the next after d8 you guys should really look at those under-development area in d12 too.

:)
Pet

recession.
30-09-08, 00:45
Told everyone already, we are going into a recession.

Question
30-09-08, 17:49
Told everyone already, we are going into a recession.
Negative growth? Where?

so?
01-10-08, 00:24
so what? if you are financially secured, nothing to worry, right?


Told everyone already, we are going into a recession.

HongE
04-10-08, 14:06
Anyone know when the construction will start for Urban Loft?

UL waste of time
05-10-08, 08:28
i passed rangoon road that day and the place was like old bombay. so many ke leng kias standing along the streets, orgling at everyone walking past and gives the sense of insecurity when walking on the streets there. i would avoid the place at all cost. moreover, UL is nothing fantastic, small and lack facilities, just apartment status but paying condo money....waste of time!

Unregistered123
05-10-08, 10:11
Dakota - big long-gang waste of time. Beacon Heights -massive jam -waste of time. Novena -hospital hub, waste of time. D9-D10, prices already at peak, waste of time. People like you - who like to blab but cannot afford anything , complete waste of time as well. (Btw - dont tell me you already own 20 condos and can afford a 240K salary, cos talk is cheap!)



i passed rangoon road that day and the place was like old bombay. so many ke leng kias standing along the streets, orgling at everyone walking past and gives the sense of insecurity when walking on the streets there. i would avoid the place at all cost. moreover, UL is nothing fantastic, small and lack facilities, just apartment status but paying condo money....waste of time!

Unregisteredkdk
05-10-08, 14:16
and ur mother giving birth to u is a waste of time n u being in this world is a waste of time.
Dakota - big long-gang waste of time. Beacon Heights -massive jam -waste of time. Novena -hospital hub, waste of time. D9-D10, prices already at peak, waste of time. People like you - who like to blab but cannot afford anything , complete waste of time as well. (Btw - dont tell me you already own 20 condos and can afford a 240K salary, cos talk is cheap!)

Unregistered123
05-10-08, 14:56
Same to you and family. Cheers!


and ur mother giving birth to u is a waste of time n u being in this world is a waste of time.

Unregisteredkdk
05-10-08, 19:17
by saying "same to you", u have admitted ur existence is a waste of time, but sorry, i am not the same as you... Hahaha
Same to you and family. Cheers!

Unregistered123
05-10-08, 21:16
Haa. really dumbass ;)


by saying "same to you", u have admitted ur existence is a waste of time, but sorry, i am not the same as you... Hahaha

KT_Lim
05-10-08, 21:25
Cant agree more! Not only Dumb and loud but also crass and stoopid. I think this is the same racist who is populating this and other threads.


Haa. really dumbass ;)

TKTan
05-10-08, 22:32
no, i think it is the same guy calling everyone a Novena dumbass.
Cant agree more! Not only Dumb and loud but also crass and stoopid. I think this is the same racist who is populating this and other threads.

URA
17-10-08, 23:41
Private Residential Units Sold in the Month of August 2008

Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Urban Lofts ...... RCR ........ 46 ............................. 1,211 ............. 1,033 ............ 870

Reporter
17-11-08, 13:54
Private Residential Units Sold in the Month of August 2008

Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Urban Lofts ...... RCR ........ 46 ............................. 1,211 ............. 1,033 ............ 870
So all sold already?

silentsoul
19-11-08, 20:56
All sold.
Are you interested in this development?


So all sold already?

moonk123
19-11-08, 21:32
Project Name-Urban Lofts
Developer-ASCENDER CAPITAL PTE LTD(Ascend Group)
Property Type-Unknown
Tenure - Freehold
Total Units - 46
Completion Date - est 30 sep 2011

http://www.virtualhomes.sg/FileUpload/Project/2815/Images/site.jpg[/IMG

[IMG]http://www.virtualhomes.sg/FileUpload/Project/2815/Images/floor_typeA.jpg

more from
http://www.virtualhomes.sg/urbanlofts

KT_Lim
18-12-08, 22:03
Looks like a good development.
Whats the PSF in the current market?



Project Name-Urban Lofts
Developer-ASCENDER CAPITAL PTE LTD(Ascend Group)
Property Type-Unknown
Tenure - Freehold
Total Units - 46
Completion Date - est 30 sep 2011

http://www.virtualhomes.sg/FileUpload/Project/2815/Images/site.jpg[/IMG

[IMG]http://www.virtualhomes.sg/FileUpload/Project/2815/Images/floor_typeA.jpg

more from
http://www.virtualhomes.sg/urbanlofts

Petmail
18-12-08, 23:28
Looks like a good development.
Whats the PSF in the current market?


Dear KT,

this project is currently fully sold. there are some units up in the subsale market if you would like to explore. alternatively, you may like to consider one of our hot selling d9 fh project like newton edge which is 80% sold. do drop me a line @ 82818888 should you like to explore more about our projects available.

Thank you!
:)
Pet

KT_Lim
21-12-08, 21:11
Thanks.
Can you let me know indicatively, the PSF for Urban Loft vs the D9 Project? I want to have a feel of the mkt levels right now.





Dear KT,

this project is currently fully sold. there are some units up in the subsale market if you would like to explore. alternatively, you may like to consider one of our hot selling d9 fh project like newton edge which is 80% sold. do drop me a line @ 82818888 should you like to explore more about our projects available.

Thank you!
:)
Pet

Petmail
22-12-08, 01:35
Thanks.
Can you let me know indicatively, the PSF for Urban Loft vs the D9 Project? I want to have a feel of the mkt levels right now.

Hi there KT,

Urban Loft was fully sold on average of 1050psf. D11 projects around Novena are currently maintaining an average of 1400-1600psf, D10 average 1500-1700psf while D9 projects are averagely around 1500psf onwards.

Looking at the above, it certainly makes our project in Newton looks totally outstanding and that was the reason why it was launched approx. 3 weeks yet yet already more than 80% sold with an average price between 1100-1300psf.

Should you need any further clarifications, please d0o not hesitate to drop me a line.

:)
Pet

KT_Lim
22-12-08, 21:43
Agree that the pricing looks attractive.

But not too sure at 1050psf for a D8 and 1100-1300psf for Newton,
what are the downside - with a brooding economy? Should we defer till mid next year for pricing to slide further.




Hi there KT,

Urban Loft was fully sold on average of 1050psf. D11 projects around Novena are currently maintaining an average of 1400-1600psf, D10 average 1500-1700psf while D9 projects are averagely around 1500psf onwards.

Looking at the above, it certainly makes our project in Newton looks totally outstanding and that was the reason why it was launched approx. 3 weeks yet yet already more than 80% sold with an average price between 1100-1300psf.

Should you need any further clarifications, please d0o not hesitate to drop me a line.

:)
Pet

Petmail
22-12-08, 22:46
Agree that the pricing looks attractive.

But not too sure at 1050psf for a D8 and 1100-1300psf for Newton,
what are the downside - with a brooding economy? Should we defer till mid next year for pricing to slide further.


Dear KT,

If you ask most successful investors, they would have told you that no matter what kinda economical situation, as long as you buy in the right location, you will never go wrong! It doesn't matter whether how much you expect it to drop but rather if you are sure you will be able to catch it in time when it reaches the bottom since nobody will know or anticipate what would be the lowest it will go. But one thing for sure, whenever you tries to catch it, you realise you will never be able to strike in time to catch it and you ended up not buying and losing! Even those investors who bought their properties in the right locations during high time, in today's market, they are still making if they chooses to sell though most of them chooses to hold to sell them in order to reap better profits when the economical situation brightens up in the near future. As Donald Trump said, in properties investment in the right location, the longer you hold on to it, the more you make! This is in fact against and the opposite of the general public comments or even the paper reports of the longer you hold the more you lose.

Properties invesment unlike stocks & share which are purely built on the basis of demand & supply; do not just depends on the demand & supply factor but greatly affected by the growing inflation indices which can eventually gives you one ultimate outcome: Properties & Capital Appreciation.

Bad economical times will mainly affect panicked sellers as they might choose to cash out their properties even though they knew in the first place that they should have held on. Seller asking unrealistic prices in the initial stage end up selling much lower or even at a lost after listing their properties in the market for prolonged period of time. Price adjustment may also happens to certain projects which were literally 'over-priced' given price launched during different & difficult timing where unfortunate events take place.

With that, do you think there will be more upside or downside instead?

Cheers!
:)
Pet

mcmlxxvi
23-03-10, 20:09
Address Tenure PSF Area Sqft Price Contract Date
89 Rangoon Road #02-03 Freehold $1239 420 $520k 11 Nov 09

http://i2.propertyguru.com.sg/images/thumb/0/d/4/8/0d48ca1446569_1_V550.jpg

Rysk
27-03-10, 23:11
Wait till the property prices tumble in the next 2 quarters. Then people with "Foresight" will become short sighted...

Your last July "wait till prices tumbles next 2Q".. now ardy 3Q liao leh bro.. u got go MIA or not.. :rolleyes:

Sleepyhead
20-12-12, 23:29
Viewed a unit at Urban Lofts recently.

Absolutely unimpressed with the quality of the build and the management of the building. The 4 shops downstairs are nothing to shout about, in fact, one of them is a dodgy massage place - looks like those that offer extra services. The management should really do something about that! How can they rent out to such tenants? Really that desperate?

Constant water dripping down the front of the building (the part facing Rangoon Road).... what is that? Swimming pool overflowing? Or worse... leaking??!!

Rangood Road itself is sad.... a couple of old coffeeshops, some even older trader selling no idea what.... and some boarded up / locked up shophouses which have definitely seen better days. It's hard to believe this is city fringe prime area! Such a neglected part of town, so easily rejuvenated and revived. Why doesn't the government do something?

I guess the only redeeming point about the development is the location, a stone's throw from the MRT station. That's all I can say.

No idea why it's so popular, both in the selling and rental market!

Needless to say, I did not pursue the unit any further.