View Full Version : The Linear (D23, 999 yrs, Amara Holdings)
... willing seller, willing buyer... who is right?
You will notice that current projects with high asking prices are mainly near MRT projects... not something Linear has or will have... no offence. Tenure is something you don't live long enough to experience. Location matters more than anything... i.e. The Sail... no FH but is very much sought after even at the current pricing. I would say Linear would be very much sought after if placed beside The Sail. Enjoy the Tenure. It really makes no difference to me.
Linear is not next to The Sail and its selling price is a fraction of what The Sail is going for... which is a fair reflection for the "intrinsic value" of the two projects. It's really a heaven and earth type of comparison. Still The Linear is also sought after in its own right. After all, not everyone wants to stay in heaven or have the means to do so..... :spliff:
And who's to say right or wrong? As you put it, "willing buyer, willing seller".... :D
bro, at the end of the day if you drive ur wrx, anywhere in singapore is near lah... why pay 2000psf for a property in orchard when you can simply drive there from linear in 15 min in ur wrx? Linear might be a good choice for you, but too bad i do not like short condos.....
If I have money to burn, paying 2000psf for a place in orchard may not be an issue if i really like the place. Heck... I might just pay 4000psf just to lock-in the deal to make sure I get a choice unit.
But too bad, I am just driving a wreck..... :ashamed1:
Wolverine77
30-07-09, 15:52
Ya lor ya lor, very "DUMD" leh
Buy Lakeshore even "DUMDER" leh
LH 99 at ULU ZOO LONG still dare to sell 700PSF, wah lau FEO boleh lah
Not near good school
so many bangla
AYE jam always
WTF will buy them
DUMD ppl with money flowing out of their ass cracks
Bangla? you mean those crowding in jurong point centris? wake up dumb ass!
Lakeshore you know where or not? Dunno say dunno.
River Valley High good or not?
Fuhua Sec
Rulang Pri
These are Good schools...if you dumb ass dunno.
yes it is 99, so what? stay at Linear you can live beyond 999? my foot!
Aye jam there is pie, you got what expressway? KJE which link to pie...jammed badly lor. MRT? wait lor 2020.
View? ZERO, not even a pond but got big wide "long kang".
FYI punny brain. Rich people buy lor...those cannot afford buy long kang condo comes with 999 years.
Bangla? you mean those crowding in jurong point centris? wake up dumb ass!
Lakeshore you know where or not? Dunno say dunno.
River Valley High good or not?
Fuhua Sec
Rulang Pri
These are Good schools...if you dumb ass dunno.
yes it is 99, so what? stay at Linear you can live beyond 999? my foot!
Aye jam there is pie, you got what expressway? KJE which link to pie...jammed badly lor. MRT? wait lor 2020.
View? ZERO, not even a pond but got big wide "long kang".
FYI punny brain. Rich people buy lor...those cannot afford buy long kang condo comes with 999 years.
aiyoh why so work up? You can flame I cannot flame meh? I hit upon a sore point liao issit?
FYI I have nothing against Lakeshore, just YOU. Looking thru your previous post and you have been flaming other projects via other sub forum. If Lakeshore REALLY SO GOOD why you need to go around and defend it?
Relax and just enjoy your RICH MAN CONDO, dun get a CVA ok? chill...
But take note that the clock is ticking, when your LH 99 exceed 10yrs liao, see your 700PSF nose dive to how much lor....
Good Luck...
aiyoh why so work up? You can flame I cannot flame meh? I hit upon a sore point liao issit?
FYI I have nothing against Lakeshore, just YOU. Looking thru your previous post and you have been flaming other projects via other sub forum. If Lakeshore REALLY SO GOOD why you need to go around and defend it?
Relax and just enjoy your RICH MAN CONDO, dun get a CVA ok? chill...
But take note that the clock is ticking, when your LH 99 exceed 10yrs liao, see your 700PSF nose dive to how much lor....
Good Luck...
Hi, I will like to find out what happens in terms of value for LH99 after it exceeds 10 yrs. Will price definitely nose dive even if location is good ? e.g. Northvale at CCK , 11 yrs old, current price seems to be on the high side (may be due to mi casa) , palm gardens at cck (not central cck, however, asking price now is 5++ psf) and it is also coming to 10 yrs .. If one were to buy a resale value now, does it mean that given another few more years, prices sure nosedive compared to a FH at hillview ?
Hi, I will like to find out what happens in terms of value for LH99 after it exceeds 10 yrs. Will price definitely nose dive even if location is good ? e.g. Northvale at CCK , 11 yrs old, current price seems to be on the high side (may be due to mi casa) , palm gardens at cck (not central cck, however, asking price now is 5++ psf) and it is also coming to 10 yrs .. If one were to buy a resale value now, does it mean that given another few more years, prices sure nosedive compared to a FH at hillview ?
Hi, I am no guru, just giving my $0.02 worth. Any bros here can correct me if I am wrong.
The main issue regarding LH99 property is the ability of your future buyer to secure a loan. As your property age fast approaches 30yrs, banks may not be that willing to loan the required amount, and that of course will impact the resailabilty and value of old LH99 properties.
So if your main aim is own stay forever, the LH99/FH will not make any difference.
The caveat is of course location. If you get somewhere hot like the sail etc etc, the above will not hold true lor.
But CCK, Woodlands and the other suburban areas are not considered "HOT" areas, and pricing can fluctuates wildly. I have heard stories of people buying LH99 properties at inflated prices in 96/97 and the property values has drop way below the purchasing price till now. Thats why I am skeptical when property developers starts to sell suburban LH99 condos at 1kpsf, people who enter at these pricing really must open their eyes big big, if not 5-10 yrs later they will be :banghead:
Like I say, my $0.02 worth. The other bros here can feel free to correct me, afterall we are all here to learn. Cheers!
Thanks. Yes, I have heard the same about securing the loan for an old LH99 property.
The agents selling Mi Casa at cck were telling me ( and even showing me what other ppl's purchase papers details ) that at 650 psf , one can still earn if used for investment. How so ? He said the price one pay for is the price it is in 2 yrs time .. I just wonder (correct me if i am wrong for I have no experience in this ) - if buy at 650psf, i sell at 700 psf, for that 50 psf difference for a 3 bedder, assuming I earn 60k, minus off the stamp duty that one paid for, and btw, how much is the agents' fee if one is selling ? x % .. the profit is very marginal isn't it ?
Even if one buys a resale 99 yr(suburb area at a low price, say 700k for a 4 bedder, given the age of a property, can one even earn from it ? perhaps through rentals ..
Hi, I am no guru, just giving my $0.02 worth. Any bros here can correct me if I am wrong.
The main issue regarding LH99 property is the ability of your future buyer to secure a loan. As your property age fast approaches 30yrs, banks may not be that willing to loan the required amount, and that of course will impact the resailabilty and value of old LH99 properties.
So if your main aim is own stay forever, the LH99/FH will not make any difference.
The caveat is of course location. If you get somewhere hot like the sail etc etc, the above will not hold true lor.
But CCK, Woodlands and the other suburban areas are not considered "HOT" areas, and pricing can fluctuates wildly. I have heard stories of people buying LH99 properties at inflated prices in 96/97 and the property values has drop way below the purchasing price till now. Thats why I am skeptical when property developers starts to sell suburban LH99 condos at 1kpsf, people who enter at these pricing really must open their eyes big big, if not 5-10 yrs later they will be :banghead:
Like I say, my $0.02 worth. The other bros here can feel free to correct me, afterall we are all here to learn. Cheers!
Thanks. Yes, I have heard the same about securing the loan for an old LH99 property.
The agents selling Mi Casa at cck were telling me ( and even showing me what other ppl's purchase papers details ) that at 650 psf , one can still earn if used for investment. How so ? He said the price one pay for is the price it is in 2 yrs time .. I just wonder (correct me if i am wrong for I have no experience in this ) - if buy at 650psf, i sell at 700 psf, for that 50 psf difference for a 3 bedder, assuming I earn 60k, minus off the stamp duty that one paid for, and btw, how much is the agents' fee if one is selling ? x % .. the profit is very marginal isn't it ?
Even if one buys a resale 99 yr(suburb area at a low price, say 700k for a 4 bedder, given the age of a property, can one even earn from it ? perhaps through rentals ..
You should not hold the view that L99 projects are hopeless... You will be surprised... my parents bought a old apartment in Jurong more than 20 years ago... it is an apartment costing at about $160k at time of purchase 1986... went through the 97 peak at above $400k.... then back down to $250k around till 2001.... now closing at about $500k and above... after all these years... 30 years liao?
Not big windfalls to speak off but hey... it's just $160k to start with... since it has been fully paid, been the source of income for my mother at about $2k rent per month for years. Nothing to worry about for the rest of her life.. she never had to work.
Incidently.... she is able to afford a 3 room HDB flat at Chinatown sometime in 98/99... bought at $220k and now prices are at least $300k and going up... no big profits to boast about... but hey... it is still going up and it should be more than 30 years? Blk 4 Sago Lane... go check out the prices there...
Only fools would think that only FH can make money... and fools that write off 99 projects. Let history be your proof.
4 Sago Lane 01 to 05 67.00 Improved 1974 $293,000.00 Apr 2009
4 Sago Lane 16 to 20 67.00 Improved 1974 $310,000.00 Mar 2009
4 Sago Lane 16 to 20 67.00 Improved 1974 $330,000.00 Jan 2009
4 Sago Lane 06 to 10 57.00 Improved 1974 $266,000.00 Jan 2009
Just to prove a point... it's 35 years old projects... using HDB as an example here.
Even if one buys a resale 99 yr(suburb area at a low price, say 700k for a 4 bedder, given the age of a property, can one even earn from it ? perhaps through rentals ..
It is really is down to location and especially if there are good schools in that area, there will always be a demand regardless of the age.
It is really is down to location and especially if there are good schools in that area, there will always be a demand regardless of the age.
I guess so .. prob garden vista is one of them then .. but high oaks did not appreciate much in price though near good school
Just buy anywhere lah... Surely make money one... It is only making more or making less...If HDB prices never go down, then I don't see any reasons why private property will go down.... HDB is the support level for private properties....
Just buy anywhere lah... Surely make money one... It is only making more or making less...If HDB prices never go down, then I don't see any reasons why private property will go down.... HDB is the support level for private properties....
100% agreed.
and to buy within your means... no point to be too greedy... and too ambitious... a good deal is a bad deal the very moment you default on your mortgage.
Just buy anywhere lah... Surely make money one... It is only making more or making less...If HDB prices never go down, then I don't see any reasons why private property will go down.... HDB is the support level for private properties....
Not all HDBs make money, esp if one buy the resale hdb during the hey days.
Not all HDBs make money, esp if one buy the resale hdb during the hey days.
How true.... it's all about timing and a understanding of the property cycles.
Ride the wave and never take a dive when it is at the top of the wave. Some waves do get higher and higher but like all waves... there will be a low from time to time.
Not all HDBs make money, esp if one buy the resale hdb during the hey days.
Ya... those pre-97 cheongsters that paid like 600K~700k for HDB are still bleeding & licking their wounds.....
Similarly, not all condos will make money either.... so don't let the Eff-Yee-Oh agents hoodwink u.... :2cents:
How true.... it's all about timing and a understanding of the property cycles.
Ride the wave and never take a dive when it is at the top of the wave. Some waves do get higher and higher but like all waves... there will be a low from time to time.
agreed. Just take a look at all the headline news on property recently. people diving headlong into bottomless pits, paying scary PSF prices seemingly without pausing to think for a sec... I mean c'mon! AMK for $1100PSF?! Upper pierce for 850+PSF?! HDB selling 600K upwards?! I fear for my infant son if that's the price trend of singapore property; we will soon be seeing suburban condo transacting at 1500PSF in 20-30yrs if this keep up, and my son would probably have to stay with me forever! :)
agreed. Just take a look at all the headline news on property recently. people diving headlong into bottomless pits, paying scary PSF prices seemingly without pausing to think for a sec... I mean c'mon! AMK for $1100PSF?! Upper pierce for 850+PSF?! HDB selling 600K upwards?! I fear for my infant son if that's the price trend of singapore property; we will soon be seeing suburban condo transacting at 1500PSF in 20-30yrs if this keep up, and my son would probably have to stay with me forever! :)
Suburban codos transacting at 1500psf.... whoah... I can't wait for the day to come!! :cheers6:
Suburban codos transacting at 1500psf.... whoah... I can't wait for the day to come!! :cheers6:
Come to think of it... maybe Linear is a good choice... especially when it is a low rise development. In future... when land cost more and less land is available, the plot ratio is likely to be revised upwards.. FH + increased plot ratio = good chance of enblock. But maybe have to wait at least 5 to 50 years or more... who knows. Glad that you like your purchase.
Come to think of it... maybe Linear is a good choice... especially when it is a low rise development. In future... when land cost more and less land is available, the plot ratio is likely to be revised upwards.. FH + increased plot ratio = good chance of enblock. But maybe have to wait at least 5 to 50 years or more... who knows. Glad that you like your purchase.
Arigato!
But i really doubt the plot ratio will increase unless Mindef relocate. And in event is Mindef does shift, immediately a huge piece of land will be made available in that area, unless the govt still retain the piece the land for some other "non-sensitive" purposes. Anyway que sera sera lah.... :cheers6:
Arigato!
But i really doubt the plot ratio will increase unless Mindef relocate. And in event is Mindef does shift, immediately a huge piece of land will be made available in that area, unless the govt still retain the piece the land for some other "non-sensitive" purposes. Anyway que sera sera lah.... :cheers6:
Linear has one of the best layout and quality I must say ! :)
I didn't buy though cos I didn't like the facing of the school nor the main road, that said, after viewing so many showflats, I feel that Linear's layout is good, no wastage of space or weird angles, and the master bathroom is of good size !
agreed. Just take a look at all the headline news on property recently. people diving headlong into bottomless pits, paying scary PSF prices seemingly without pausing to think for a sec... I mean c'mon! AMK for $1100PSF?! Upper pierce for 850+PSF?! HDB selling 600K upwards?! I fear for my infant son if that's the price trend of singapore property; we will soon be seeing suburban condo transacting at 1500PSF in 20-30yrs if this keep up, and my son would probably have to stay with me forever! :)
Did ppl really buy the new launch at AMK for that price ?!
No lah, probably you will see AMK $1200psf still there 5 years later. As for 20-30 years later, won't be surprise if prices go up >$2500psf (because of inflation and cheapening of paper money mah).
agreed. Just take a look at all the headline news on property recently. people diving headlong into bottomless pits, paying scary PSF prices seemingly without pausing to think for a sec... I mean c'mon! AMK for $1100PSF?! Upper pierce for 850+PSF?! HDB selling 600K upwards?! I fear for my infant son if that's the price trend of singapore property; we will soon be seeing suburban condo transacting at 1500PSF in 20-30yrs if this keep up, and my son would probably have to stay with me forever! :)
Wolverine77
05-08-09, 23:27
aiyoh why so work up? You can flame I cannot flame meh? I hit upon a sore point liao issit?
FYI I have nothing against Lakeshore, just YOU. Looking thru your previous post and you have been flaming other projects via other sub forum. If Lakeshore REALLY SO GOOD why you need to go around and defend it?
Relax and just enjoy your RICH MAN CONDO, dun get a CVA ok? chill...
But take note that the clock is ticking, when your LH 99 exceed 10yrs liao, see your 700PSF nose dive to how much lor....
Good Luck...
dumbass,
worked up? i was having fun. Anyway not sure which forums you see me flaming but very sure ppl like you are really good flamer. Saying things without brain. I m rich that's for sure. Need not worry at all for me...but keep that to yourself. Go live in your HDB!
Wolverine77
05-08-09, 23:29
Come to think of it... maybe Linear is a good choice... especially when it is a low rise development. In future... when land cost more and less land is available, the plot ratio is likely to be revised upwards.. FH + increased plot ratio = good chance of enblock. But maybe have to wait at least 5 to 50 years or more... who knows. Glad that you like your purchase.
use google map you will notice tonnes of land around bukit panjang. further more mindef HQ is there and dont think value will go up unless they clear all this buggers away.
Wolverine77
05-08-09, 23:53
No lah, probably you will see AMK $1200psf still there 5 years later. As for 20-30 years later, won't be surprise if prices go up >$2500psf (because of inflation and cheapening of paper money mah).
dumbass still live in the eighties and nineties...welcome to the new Singapore. Where prices goes all the way up and come down some bit only even if it is a recession. i dont even think AMK Centro is overly expensive and in the next 5 years a new 99 yr condo near MRT suburban (chua chu kang, yishu, simei, jurong etc) can cost easily 1000 psf minimum. Many foreigners are buying up properties in Singapore because it is a safe haven for them. Tax evaders, swindlers, rich indo businessman, superstars, foreign talents, Hgkers (escape from air pollution) and civil servant retirees from china comes here. Singapore offers excellent security, health and practically no earthquakes and disasters. Rich man afraid their fortune can be lost through disasters and frequent unrest. Choose Singapore. Of course they are selective of what they buy and in fact they are more picky than Singaporeans.
Regulators
06-08-09, 00:33
if want to buy linear, take a drive to Senja Grand and go any of the blocks from 626 to 631 and take a lift up to the 30th floor. The view wud take ur breath away (can even see to malaysia) and u wud be thinking why the hell u wud be paying condo dollars to face an ugly rd when a short distance away u have hdb point blocks that wud blow linear away anytime in terms of design, view and px.
dumbass still live in the eighties and nineties...welcome to the new Singapore. Where prices goes all the way up and come down some bit only even if it is a recession. i dont even think AMK Centro is overly expensive and in the next 5 years a new 99 yr condo near MRT suburban (chua chu kang, yishu, simei, jurong etc) can cost easily 1000 psf minimum. Many foreigners are buying up properties in Singapore because it is a safe haven for them. Tax evaders, swindlers, rich indo businessman, superstars, foreign talents, Hgkers (escape from air pollution) and civil servant retirees from china comes here. Singapore offers excellent security, health and practically no earthquakes and disasters. Rich man afraid their fortune can be lost through disasters and frequent unrest. Choose Singapore. Of course they are selective of what they buy and in fact they are more picky than Singaporeans.
Wah Wolverine, long time no see wor, welcome back. Busy showing your clients around at the show flats issit, for sue u talk like a property agent, probably from eff ee ohh? No wonder Centro Residence at 1100PSF still "not overly expensive" to you lor, the higher the more comission rite? :)
But thanks for your vote of confidence for suburban condo leh, 6 years later when BTL opens and MRT station appears near to linear, i sure blangjah you kopi-o if I can sell my place for 1000PSF hor...cos by your reasoning MRT station is like magic potion, can cause property price to shoot up high high. Sorry, i poor man so only can blangjah kopi hor....
So in the meantime I will just squat in my "lousy" condo, spending quality time with my son, without to worry about the massive loan I have taken due to greedy property developers.
use google map you will notice tonnes of land around bukit panjang. further more mindef HQ is there and dont think value will go up unless they clear all this buggers away.
anything is possible dude... just give it more time.. what makes you so S.U.R.E? Singapore river was a dirty place... look at it now? So what if there are lots of land around it.... There used to be lots of land around in Singapore which is unoccupied also... things had changed through the years.. and will continue to change, just when.
if want to buy linear, take a drive to Senja Grand and go any of the blocks from 626 to 631 and take a lift up to the 30th floor. The view wud take ur breath away (can even see to malaysia) and u wud be thinking why the hell u wud be paying condo dollars to face an ugly rd when a short distance away u have hdb point blocks that wud blow linear away anytime in terms of design, view and px.
Be gracious.... not everyone is rich and not everyone can afford a bigger and better fish... a small fish is still a fish... no need to criticise until like that. I'm sure the buyers would have thought through it carefully and buy after accepting all the pro and cons. Give a little face will ya?
anything is possible dude... just give it more time.. what makes you so S.U.R.E? Singapore river was a dirty place... look at it now? So what if there are lots of land around it.... There used to be lots of land around in Singapore which is unoccupied also... things had changed through the years.. and will continue to change, just when.
Agree ! who knows, some schools may move to the empty plots of land too .. look at CHIJ BT, it moves from Jln Jurong Kechil to Bt Panjang. I believe every place will always have its demands for diff reasons, be it work , school or other personal reasons. De La Salle at CCK too. Nan Chiau at SK too ..
Agree ! who knows, some schools may move to the empty plots of land too .. look at CHIJ BT, it moves from Jln Jurong Kechil to Bt Panjang. I believe every place will always have its demands for diff reasons, be it work , school or other personal reasons. De La Salle at CCK too. Nan Chiau at SK too ..
Btw, I read somehwhere that De La Salle wil be moving over to Teck Whye on a temporary basis (around 2~3yrs) while they refurbish their existing CCK premises...
Be gracious.... not everyone is rich and not everyone can afford a bigger and better fish... a small fish is still a fish... no need to criticise until like that. I'm sure the buyers would have thought through it carefully and buy after accepting all the pro and cons. Give a little face will ya?
Thanks for helping to speak up! :cheers1:
Regulators
06-08-09, 15:21
i am suggesting a better option for these people to buy hdb in Senja Grand which will help them to save more money and have a better lifestyle. Read my post carefully...
Be gracious.... not everyone is rich and not everyone can afford a bigger and better fish... a small fish is still a fish... no need to criticise until like that. I'm sure the buyers would have thought through it carefully and buy after accepting all the pro and cons. Give a little face will ya?
i am suggesting a better option for these people to buy hdb in Senja Grand which will help them to save more money and have a better lifestyle. Read my post carefully...
Ok, got you... :) Excuse my wrong interpretation. Sometimes the eye and the mind don't see eye to eye.
For all condo owners wanna be... recommend to buy a HDB first and then move up to private. The exception is that you have too much money or will not consider HDB for whatever reasons. As always, work your sums right. A wrong move and you are history.
Wow liao..$1000 psf by 2015? That's near impossible! If can hit $800psf ose who bought at $5xx++ will be laughing all the way to the bank liao. But where to stay then? Profit made will not be enough for down payment! Better passed on to the next few generations until Mindef moves out one fine day.
Wah Wolverine, long time no see wor, welcome back. Busy showing your clients around at the show flats issit, for sue u talk like a property agent, probably from eff ee ohh? No wonder Centro Residence at 1100PSF still "not overly expensive" to you lor, the higher the more comission rite? :)
But thanks for your vote of confidence for suburban condo leh, 6 years later when BTL opens and MRT station appears near to linear, i sure blangjah you kopi-o if I can sell my place for 1000PSF hor...cos by your reasoning MRT station is like magic potion, can cause property price to shoot up high high. Sorry, i poor man so only can blangjah kopi hor....
So in the meantime I will just squat in my "lousy" condo, spending quality time with my son, without to worry about the massive loan I have taken due to greedy property developers.
Wow liao..$1000 psf by 2015? That's near impossible! If can hit $800psf ose who bought at $5xx++ will be laughing all the way to the bank liao. But where to stay then? Profit made will not be enough for down payment! Better passed on to the next few generations until Mindef moves out one fine day.
Not too far away..... the last remaining unit (which is the sales office) is priced at $760psf... but I doubt anyone will bite.
Seen a lot of agent activity around the place today as well..... heard one seller is asking for $690psf... It will be interesting to see if it moves. :rolleyes:
Not too far away..... the last remaining unit (which is the sales office) is priced at $760psf... but I doubt anyone will bite.
Seen a lot of agent activity around the place today as well..... heard one seller is asking for $690psf... It will be interesting to see if it moves. :rolleyes:
I heard that Linear is all East West Facing, is that true ?
I heard that Linear is all East West Facing, is that true ?
Yupe. And the road is really noisy. Been to the showroom facing the road. Even with the doors closed and aircon on. Still can hear the trucks zooming pass. The canal facing side will be noise from the school :(
Not too far away..... the last remaining unit (which is the sales office) is priced at $760psf... but I doubt anyone will bite.
Seen a lot of agent activity around the place today as well..... heard one seller is asking for $690psf... It will be interesting to see if it moves. :rolleyes:
wow..... $760 psf for the ground floor sales office?? Then those who bought other units at $5xx psf earlier really got a good deal... :D
Yupe. And the road is really noisy. Been to the showroom facing the road. Even with the doors closed and aircon on. Still can hear the trucks zooming pass. The canal facing side will be noise from the school :(
Can't speak for the units facing the roads but noise from school is hardly any bother.... :sleep:
wow..... $760 psf for the ground floor sales office?? Then those who bought other units at $5xx psf earlier really got a good deal... :D
This one is la-la land pricing whereby the developer is simply trying their luck in the crazy market.
Hope it went through as it will set the bench mark. The last time I heard from the sales office was that the developer requesting on-hold till one for its foreign customer viewing.
This one is la-la land pricing whereby the developer is simply trying their luck in the crazy market.
Hope it went through as it will set the bench mark. The last time I heard from the sales office was that the developer requesting on-hold till one for its foreign customer viewing.
If it ever goes through, I would think this is more a one-off rather than the benchmark....
pretty quiet...
asking prices shown in the listings has gone up.
Any updates on the deal mentioned above?
pretty quiet...
asking prices shown in the listings has gone up.
Any updates on the deal mentioned above?
I would suggest that you forget about this condo, either side you get free sun.
Yes, thanks for your honesty...
Been looking at this project for years but never find any good enough reason for us to commit.... But well... beauty in the eyes of beholder. What is important is that they like what they paid for.
I would suggest that you forget about this condo, either side you get free sun.
if buy linear, might as well consider mayspring, although it is 99 years...I have been to open house ....not bad with alot of open space and the guard is very strict...a plus point...
Just went to Mayspring yestersday. Got a lot of open space but a very small pool. My friend stayed in Blk 6, and the environment is ok. Heard Blk 2 is very noisy. From my friend's home, saw that Linear had a lot of empty rooms at the drain side, and the noise from the roads are pretty obvious. My friend mentioned that the sun is very bright on this side. When I went home passing by Linear from the road side, similarly got a lot of vacant units.
I remembered accompanying my colleague to view Linear during launch, and we all agreed that it is too near to the road.
Just went to Mayspring yestersday. Got a lot of open space but a very small pool. My friend stayed in Blk 6, and the environment is ok. Heard Blk 2 is very noisy. From my friend's home, saw that Linear had a lot of empty rooms at the drain side, and the noise from the roads are pretty obvious. My friend mentioned that the sun is very bright on this side. When I went home passing by Linear from the road side, similarly got a lot of vacant units.
I remembered accompanying my colleague to view Linear during launch, and we all agreed that it is too near to the road.
Just fyi, these vacant units are all sold... even though they are facing the main road and are so-called "noisy" and "dusty". The one and only unit that is still held by the developer is the sales office unit. Other than that anyone else that wants to buy any other unit will have to source from the secondary market. But even that, there are not that many listings either and for those that are listed, the asking price is :doh: considering what the price that the developer were offering just a few months back...
Whatever it is, I just sit back and :cheers6: :cheers6:
if buy linear, might as well consider mayspring, although it is 99 years...I have been to open house ....not bad with alot of open space and the guard is very strict...a plus point...
Unfortunately the unit interior layout of Mayspring has a lot of weird angles, otherwise it is actually quite a good development.
Unfortunately the unit interior layout of Mayspring has a lot of weird angles, otherwise it is actually quite a good development.
Depend on which block i think, the unit I have seen is 16th floor and has a living room which is a size of rectangle and unblocked, and outside the window can see linear directly on the right side, the agent was using linear to advertise how good may spring is....he told me this unit is facing pool but the pool is from linear ...haha
ipspassion
09-09-09, 10:05
Passed by The Linear over the weekend. As I read through the past replies, there are really interesting points. Just some opinions, the building really looks very nice from the outside. Location, not so perfect as it is facing the road and if remember correctly, it is beside a gas station. Nevertheless, eveyone of us has their preference in our living style, so some like it, some do not. If the building management try to plant more trees surrounding the building, this will be a very cosy place. It helps to reduce the heat and noise from the road. Since this is a private condo, it should be more exclusive. Looks very open. have more greens may really help.
....he told me this unit is facing pool but the pool is from linear ...haha
Like that also can be considered "pool facing unit"... :doh:
Unfortunately the unit interior layout of Mayspring has a lot of weird angles, otherwise it is actually quite a good development.
hmm maysprings have wide open spaces, but i find that the way the blocks have been designed, from outside it looks small, squeezy and extremely mass market??? doesn't feel exclusive enough... just sharing my sentiments.
hmm maysprings have wide open spaces, but i find that the way the blocks have been designed, from outside it looks small, squeezy and extremely mass market??? doesn't feel exclusive enough... just sharing my sentiments.
The facade does look a little bland, even when compared to Hazel Park or Cashew Heights. Or course Linear's facade is the most distinctive.... But whether nice or not is really down to individual's preference. :D
melvinjoanne
15-09-09, 11:34
:scared-3:
Just fyi, these vacant units are all sold... even though they are facing the main road and are so-called "noisy" and "dusty". The one and only unit that is still held by the developer is the sales office unit. Other than that anyone else that wants to buy any other unit will have to source from the secondary market. But even that, there are not that many listings either and for those that are listed, the asking price is :doh: considering what the price that the developer were offering just a few months back...
Whatever it is, I just sit back and :cheers6: :cheers6:
Just curious, how much is the asking price of the sales office unit?
Regulators
15-09-09, 11:39
dont bother bout linear coz you pay condo money to face the road and see passing lorries everyday....buy a high floor unit in Senja Grand (HDB) and you get french window, condo layout and seaview, really very nice, i am not joking.....
:scared-3:
Just curious, how much is the asking price of the sales office unit?
moneymatters
16-09-09, 06:51
Just fyi, these vacant units are all sold... even though they are facing the main road and are so-called "noisy" and "dusty". The one and only unit that is still held by the developer is the sales office unit. Other than that anyone else that wants to buy any other unit will have to source from the secondary market. But even that, there are not that many listings either and for those that are listed, the asking price is :doh: considering what the price that the developer were offering just a few months back...
Whatever it is, I just sit back and :cheers6: :cheers6:
dont worry about supply. There will be plenty of units put on the market when tunelling work starts. The noise and air pollution will be unbearable. watch out for cracks and leaks in the basement car park :doh:
dont worry about supply. There will be plenty of units put on the market when tunelling work starts. The noise and air pollution will be unbearable. watch out for cracks and leaks in the basement car park :doh:
What tunneling? MRT?
moneymatters
16-09-09, 08:13
What tunneling? MRT?
yes, downtownline 2 tunnelling.
yes, downtownline 2 tunnelling.
Hope Linear can help to buffer some noise and air pollution for Maysprings.:spliff:
dont worry about supply. There will be plenty of units put on the market when tunelling work starts. The noise and air pollution will be unbearable. watch out for cracks and leaks in the basement car park :doh:
I'm sure the authority will work to keep noise/sound pollution to a minimal, if not, imagine the amount of complains from people staying in district 10, which the main bulk of the Bukit Timah Line runs through. And judging from the big woo hah generated by the foreign worker dormitory issues by residents at serangoon gardens estate, it's clear that the richer you are, the louder the voice you'll have....
Even if there is some noise and dust, it will be transient. What is permanant is the benefit the residents here will reap from the convenience of MRT service linking to town at their doorstep.
I'm sure most of the people holding on to units at the Linear will be waiting for the MRT line completion before deciding to off load their units, it'll make more economic sense than otherwise, but that's just my 2 cents.
:scared-3:
Just curious, how much is the asking price of the sales office unit?
Not really sure but at one point in time, I think they were looking at 700+psf... which is really asking for the sky considering how much I paid for my unit only a few months ago....
Anyway the sales office also closed shop liao and all the sales rep also disappeared..... so my guess is it got sold off. I just hope the new owner bargained hard for it. :D
dont worry about supply. There will be plenty of units put on the market when tunelling work starts. The noise and air pollution will be unbearable. watch out for cracks and leaks in the basement car park :doh:
Actually there has been indeed quite a lot of agent activity over the past few weekends as people are already trying to offload their units.....
fredowcondo
20-09-09, 04:08
Big hi to the residents of the linear,
I am happy to be one of the residents staying at the linear, bought a back-facing unit.
After scouting ard condo showrooms for a year, I have finally settled my home nest. Before i actually viewed the linear, i heard so many negative comments abt the place tat delays me frm viewing. sigh.... missed the developer's price as many of the ideal units are snapped up. But when my family drove past the area, we decided to take a look. Outward appearance, the project is linearly-unique and like the glassy outlook. Inside the apartment, the layout is great - rectangular shape, spacious, maximised every corners and can put queen size bed in every room.
I have just obtained the key last week, and am gearing up for the furnishing part.
hope to see more fellow residents in the forum to share abt the project.
cheers!:cheers4:
Congrats, a whole lot of difference it makes...
What we say here are valid points. However, always go ahead and take a look irregardless of what others say.
If you like what you see, then buy it without regrets. Cause we all have different criterias and the criteria's may not be the best to others but to ourselves only.
Sometimes it takes a while for people to change their mind or give up on a project. When that time comes, you will know the value of the condo/apartment.
Big hi to the residents of the linear,
I am happy to be one of the residents staying at the linear, bought a back-facing unit.
After scouting ard condo showrooms for a year, I have finally settled my home nest. Before i actually viewed the linear, i heard so many negative comments abt the place tat delays me frm viewing. sigh.... missed the developer's price as many of the ideal units are snapped up. But when my family drove past the area, we decided to take a look. Outward appearance, the project is linearly-unique and like the glassy outlook. Inside the apartment, the layout is great - rectangular shape, spacious, maximised every corners and can put queen size bed in every room.
I have just obtained the key last week, and am gearing up for the furnishing part.
hope to see more fellow residents in the forum to share abt the project.
cheers!:cheers4:
I guess yours is East facing, the West facing units with so much glass is a different beast altogether.
Big hi to the residents of the linear,
I am happy to be one of the residents staying at the linear, bought a back-facing unit.
After scouting ard condo showrooms for a year, I have finally settled my home nest. Before i actually viewed the linear, i heard so many negative comments abt the place tat delays me frm viewing. sigh.... missed the developer's price as many of the ideal units are snapped up. But when my family drove past the area, we decided to take a look. Outward appearance, the project is linearly-unique and like the glassy outlook. Inside the apartment, the layout is great - rectangular shape, spacious, maximised every corners and can put queen size bed in every room.
I have just obtained the key last week, and am gearing up for the furnishing part.
hope to see more fellow residents in the forum to share abt the project.
cheers!:cheers4:
Welcome! Welcome! :cheers6:
Development is getting more crowded now that all but one unit are sold and many owners are shifting in after the 7th month.
Hi Linear Guys:
Did you have problems with the air con when bought over from developer? I got leakage problems in living room and tenant now complaining...:beats-me-man: Dun know whether the tenant got regular maintenance or not....now jialat...have to get my air con contractor to fix problem and may have to change the piping which being concealed in partition. Will cost a lot man...!
Hi Linear Guys:
Did you have problems with the air con when bought over from developer? I got leakage problems in living room and tenant now complaining...:beats-me-man: Dun know whether the tenant got regular maintenance or not....now jialat...have to get my air con contractor to fix problem and may have to change the piping which being concealed in partition. Will cost a lot man...!
yo bro,
Just shifted in 3 months, bought direct from developer.
No problem with aircon, just one thorough maintanece from air con guy before shifting in i.e change gas, washing pipes, so far so good, no leakage.
Just that common toilet choked 1st time we used it. Called in the plumber, was told the people building the house poured cement into the toilet, causing the chokage.
Otherwise have been a pleasant place to live in for me, my wife and my baby boy.
cheers!
Hi Linear Guys:
Did you have problems with the air con when bought over from developer? I got leakage problems in living room and tenant now complaining...:beats-me-man: Dun know whether the tenant got regular maintenance or not....now jialat...have to get my air con contractor to fix problem and may have to change the piping which being concealed in partition. Will cost a lot man...!
I had that problem. First night i slept with the air-con on, the next morning my walkway was flooded. Initially I thought my doggie pee-ed and when I was about to scold me doggie, I felt water dripping on me from the ceiling. That was when i realised my air-con was leaking.
Hopefully the extent of your leak isn't too bad. I was lucky coz it was only the MBR so I just need to open a small section of the false ceiling (directly outside the MBR) to get the problem fixed.
Good luck!
yo bro,
Just shifted in 3 months, bought direct from developer.
No problem with aircon, just one thorough maintanece from air con guy before shifting in i.e change gas, washing pipes, so far so good, no leakage.
Just that common toilet choked 1st time we used it. Called in the plumber, was told the people building the house poured cement into the toilet, causing the chokage.
You are lucky coz I called the MA when my air-con was leaking and apparentlty this is quite common problem.
I verified this with the air-con guy as well. Good thing was that after having rectified the problem for so many units, he immediately knew what the issue was and how to resolve it when I called him. This was why he only needed to open a small section of my false ceiling to get to the problem spot.
I also noticed that the plmubing for the shower stall in the common toilet to be quite poor. It doesn't bother me now coz I hardly use it. But I suspect it might be due to the cement problem that your plumber mentioned... Maybe I should get someone in to fix it as well...
You are lucky coz I called the MA when my air-con was leaking and apparentlty this is quite common problem.
I verified this with the air-con guy as well. Good thing was that after having rectified the problem for so many units, he immediately knew what the issue was and how to resolve it when I called him. This was why he only needed to open a small section of my false ceiling to get to the problem spot.
I also noticed that the plmubing for the shower stall in the common toilet to be quite poor. It doesn't bother me now coz I hardly use it. But I suspect it might be due to the cement problem that your plumber mentioned... Maybe I should get someone in to fix it as well...
I also experienced both problems when I was about to move in. Luckily for me, I managed to settle them pretty easy without spending a bomb... So rule of thumb is to check everything thoroughly before you move in. :o Best of luck!!
I also experienced both problems when I was about to move in. Luckily for me, I managed to settle them pretty easy without spending a bomb... So rule of thumb is to check everything thoroughly before you move in. :o Best of luck!!
so looks like this plumbing issue with the common toilet is a common problem ya? Good to know you got it all sorted out already.
I am not too bothered by it at the moment since I hardly use this toilet. :D
fredowcondo
06-10-09, 23:41
We are about to start the reno and my ID notice that there are watermark along the aircon pipe on the fase ceiling ( about 4-5 ). We suspect is the joint part of the water pipe. We are getting our Aircon's guy to check. If we need to change the pipes, that would cost about $2500/- for conceal.
My unit had been empty since TOP 2006, don't know why still have problem even the unit is new for Aircon??? I also face other issues like cupboard, and wall's surface not even (need plastering). Is our unit still under warranty from developer ? Anybody can advise ? We do not know how the previous owner do deflect checking.:mad:
By the way, did anyone do chemical wash ? My Aircon guy quote $180/- per FCU bcos ours is Mitsubishi inverter which is more complicated.
My unit had been empty since TOP 2006, don't know why still have problem even the unit is new for Aircon??? I also face other issues like cupboard, and wall's surface not even (need plastering). Is our unit still under warranty from developer ? Anybody can advise ? We do not know how the previous owner do deflect checking.:mad:
The project is no longer under warranty from developer as it has been handed over to the management commitee since late last year.
You are lucky coz I called the MA when my air-con was leaking and apparentlty this is quite common problem.
I verified this with the air-con guy as well. Good thing was that after having rectified the problem for so many units, he immediately knew what the issue was and how to resolve it when I called him. This was why he only needed to open a small section of my false ceiling to get to the problem spot.
I also noticed that the plmubing for the shower stall in the common toilet to be quite poor. It doesn't bother me now coz I hardly use it. But I suspect it might be due to the cement problem that your plumber mentioned... Maybe I should get someone in to fix it as well...
Hi guys:
Thks for the feedback; can recommend the air con guy to me? Are they the contractor who install the air con for the project?
Do you guys know where the drainage pipe for the living hall air con blower leads to? Got a copy of the floor plan and it seems it link to the flow trap of the kitchen...Do share your tips if you know.
Thanks.
William Ng
05-02-10, 08:46
I also experienced both problems when I was about to move in. Luckily for me, I managed to settle them pretty easy without spending a bomb... So rule of thumb is to check everything thoroughly before you move in. :o Best of luck!!
Hi Mezzy,
How do you settle your problems easily? Pls share...
There're sellers asking for $730+ PSF now....unrealistic?
There're sellers asking for $730+ PSF now....unrealistic?
its your choice.. as sellers... always try our luck to see if someone can make our day...
if you find the price too ex, don't bite..
Last Year April when We were at the show flats, the 1249sqft was asking at $650/pfsq with tenant approx 2 yrs .
its your choice.. as sellers... always try our luck to see if someone can make our day...
if you find the price too ex, don't bite..
yep, going to view 2 - 3 units n counter offer.
Last Year April when We were at the show flats, the 1249sqft was asking at $650/pfsq with tenant approx 2 yrs .
recent transacted price was around 670+. perhaps e price is rising.
Not sure if this is good news or bad news to the owners here.
Business Times - 24 Feb 2010
Ten Mile Junction site draws robust bids
By EMILYN YAP (SINGAPORE) The first government land sale tender to close after measures were announced last Friday to cool the property market managed to draw some solid bids.
A 99-year leasehold residential site at the junction of Choa Chu Kang and Woodlands roads - which houses Ten Mile Junction - drew a top bid of $164 million or $437 per sq ft per plot ratio (psf ppr).
Far East Organization unit Dollar Land Singapore topped seven rivals with this bid.
Chip Eng Seng's CEL Development put in the second-highest bid of $148.3 million or $395 psf ppr.
The top two bids are not too far from market predictions in early January, even though the government has just introduced anti-speculation measures - a seller's stamp duty on residential property bought after Feb 19 and sold within a year, as well as a lower loan-to-value limit of 80 per cent for all private housing loans.
The response to the latest government land tender 'suggests that some developers think the measures will not have a significant impact in the longer term', said Knight Frank chairman Tan Tiong Cheng.
Going by the tender results, Colliers International research and advisory director Tay Huey Ying said some developers are 'realistically bullish' and there is still confidence in the mass-market sector.
Still, consultants point out that competition for land seems to have eased from a few months back. Ms Tay noted that bids for sites in the second half of last year were usually much higher than expected.
Jones Lang LaSalle South-east Asia research head Chua Yang Liang noted that there was just a 10 per cent gap between the top and second bids this time around. The gap can be as large as 20-30 per cent when the market is hot, he said.
Other participants in the tender that closed yesterday included Sim Lian Group and a tie-up between Frasers Centrepoint and NTUC FairPrice Co-operative. The lowest bid came from Soilbuild Group, at $71.2 million or $190 psf ppr.
The 1.56-hectare site is occupied by the three-storey Ten Mile Junction. The first two levels comprise commercial space with a gross floor area (GFA) of 121,191 sq ft, while the third houses an LRT station.
The winning developer will gain control of the commercial component. It can also build a residential development with a GFA of 254,394 sq ft on top of Ten Mile Junction. The residential project could yield some 200 apartments.
Going by consultants' estimates, the average selling price of the residential units could range from $700-$850 psf.
At the 99-year leasehold Mi Casa nearby, launched last year, three caveats were lodged for transactions at $658-$731 psf in January and February.
Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.
Ok, tat's going to encourage an increase in the asking price....anyway, viewed quite a no. of units. Only units facing inside are worth considering. Price is not right, so will just move on.
Hi Mezzy,
How do you settle your problems easily? Pls share...
I got to know one retired plumber who was able to solve the leaking problem pretty easily. Hope you have solved your problems by now. Best of luck! ;)
William Ng
01-03-10, 17:31
I got to know one retired plumber who was able to solve the leaking problem pretty easily. Hope you have solved your problems by now. Best of luck! ;)
Hi Mezzy,
I mean how do you resolve the toilet choked problem? Any idea how yours was resolved?
Have not resolved mine as currently hardly use common toilet. but tot of get it resolved if it is easy and not too expensive. thanks.:)
ipspassion
02-03-10, 20:24
This seems to be a popular tread. So I thought to add to it too. :)
The place is really impressive. If the price is lower, lower now like few months ago, all the PCN factors can be worked on. Afterall, I love the design of the building. Just facing the wrong direction.
I'm interested in buying one unit in Linear.
Anyone interested to sell to me ? You can waive off agent fee.
email me at
[email protected]
If you are not a fan of recreational facilities then it's OK as the apartments are reasonably sized.
But if you want condo facilities then they fall short - the swimming pool is super congested and really small.
Any Linear owner here?
wreckwrx and others.
Any Linear owner here?
Wow... This thread is still alive. But it's been ages since I logged on.
Yupz, I m a Linear Owner and I received your PM. But nope, I m not looking to sell. Maybe I can help u ask my neighbors and see if anyone is intending to let go.
Hi Mezzy,
I mean how do you resolve the toilet choked problem? Any idea how yours was resolved?
Have not resolved mine as currently hardly use common toilet. but tot of get it resolved if it is easy and not too expensive. thanks.:)
same here..... Too lazy to sort out the common toilet as I hardly use it too... But at some point I should get it resloved in case I have guests staying over.
This seems to be a popular tread. So I thought to add to it too. :)
The place is really impressive. If the price is lower, lower now like few months ago, all the PCN factors can be worked on. Afterall, I love the design of the building. Just facing the wrong direction.
The entire place is like a war zone now due to the DTL2 construction but I have to say the developer did a great job at sound proofing (nice thick walls I guess) coz I could hardly hear the construction work going on when I m in my unit.
Wow... This thread is still alive. But it's been ages since I logged on.
Yupz, I m a Linear Owner and I received your PM. But nope, I m not looking to sell. Maybe I can help u ask my neighbors and see if anyone is intending to let go.
Yup, welcome back.
Steve... these are current agents doing the marketing. Call them up one by one and get the leads you need.
S.H. FONG 90015683
Toh Cheng Soon 96918465
ALAN SIM 90295555
MARC 97358412
JOEY LIM 91187140
Lisa Kam 90273537
ROYSTON ANG 90701624
WIKY KONG 94384000
JORGE LAU 90909299
BEE GEORGE 91785806
Asking prices in the range of above $700 psf... but never try never know, got it?
Hi Condorich,
Thank you for your help.
Actually... I prefer to deal with owner personally...
Well personal preference :)
Hi wreckwrx,
Thanks for asking around for me.
I chose "the Linear" cos I'm interested to enroll my child in
PJ Pri School. and Linear is within 1Km of the school
Hi Steve,
Got ur PM too, sorry, but not thinking of selling at the moment.
Greetings fellow, er...., Linear-ites(?) :) Any idea whether the MRT tunnel will be go through directly under our building, or under the main road? Reason why I am asking is the I was at AMK hub once, can actually feel tremors whenever the MRT train come into the station! :scared-4:
Any idea if there will be a MRT exit next to the Esso station? Once DTL2 gets up and running, I will seriously consider giving up my ride, cos it's one straight ride to my workplace! Can even catch up on my zzzz on the train, a luxury lost since started driving!
Wreckwrx: tot I saw u once or twice around the estate near the long kang, u have a Ginormous dog that's almost the size of a pony? :)
Good luck to you house hunting Steve, it's a nice cozy place to live here, and will be better with the DTL2 completion. Cheers!
PS: Toilet choked problem cost me $200 for plumber, but he did a fantastic job. You should see the size of the cement blocks/pebbles he dig out from the commode, all thanks to the %&$&^ worker during construction...
Hi
Being ages since I last logged in. If I remembered correctly, the plumber removed something and told me %%% about the workmanship... Other than that, Linear is an excellant place to stay, especially if you got a unit facing the quiet side. Cannot bear to sell my unit too.. :)
Hi Owners staying in:
Had not drove pass for quite some time and last week by chance got to pass by and saw major civil works outside the mainroad and hardly see the main entrance. Are you guys affected by the constuctions...? Must be very noisy:beats-me-man: and a lot of disruption..dusty..??
Hope that it can complete most major work by Oct when my family moves in... see u guys around:)
moneymatters
09-06-10, 09:28
Hi Owners staying in:
Had not drove pass for quite some time and last week by chance got to pass by and saw major civil works outside the mainroad and hardly see the main entrance. Are you guys affected by the constuctions...? Must be very noisy:beats-me-man: and a lot of disruption..dusty..??
Hope that it can complete most major work by Oct when my family moves in... see u guys around:)
You can't be serious when you talked about major work being completed by Oct 2010. Attended a recent briefing by LTA/Lum Chang. Civil work expected to last till 2013 before some normalcy returns to stretch of Upper Bukit Timah road fronting The Linear.
I went to my friend's place quite often. His is ones of those facing
the main road.
My observations:
1. Car park is narrow where the pillar is close to the wall making right
turn a little tricky.
2. Lift landing outside his unit Is extremely warm. It is like standing in the middle of a furnace.
3. Unit has alot of unused balcony.
4. Extreme road noise from trucks, motorcycles, Malaysian vehicles. Now with the construction is even worse.
5. My friend sold his unit because the noise level was too extreme even at night. The construction eventually made him decided to move out.
6. The sliding glass doors have to be shut all the time to mute the noise polution but noise is still loud.
7. Without construction, his place is covered with dirt and dust everyday. With construction, it becomes a lot worse.
8. The units facing the main road has direct sun. It feel like a furnace inside his house (even when aircon is turned on).
Only those units facing the school will have peace and quiet. Only hope the
rain will not flood the long kang. Stench is common.
Please do not blast me. This is only my honest opinion.;)
Just thinking out loud: Any insights to why The Linear (Bukit Panjang) is so cheap? at 800+psf for 999 yr leasehold, sounds too good to be true!
Too far away and too ulu?
Besides LRT track, too noisy and no privacy with lots of people passing by and peeping into your house?
Heavy trucks and lorries passing by everyday 24 hours a day?
Bad fengshui?
What else?
Just thinking out loud: Any insights to why The Linear (Bukit Panjang) is so cheap? at 800+psf for 999 yr leasehold, sounds too good to be true!
Another classic one from Teddybear: after 999 years the value will drop to zero!
Too far away and too ulu?
Besides LRT track, too noisy and no privacy with lots of people passing by and peeping into your house?
Heavy trucks and lorries passing by everyday 24 hours a day?
Bad fengshui?
What else?
proud owner
01-11-16, 23:05
i very nice design ... wrong location ...
MBS is a huge replica of Linear .... dont you think so ?
Fengshui or not.. i duno.. but it is 5 mins away from Bukit Panjang DT line.. cant be so bad.. or not?
Just look at the strip of land that the linear sits on and you understand why this project is so cheap. The land is ridiculously narrow and just in front of it is a longkang. If you live in a block without a gym, you need to take a lift to the ground floor, walk along a narrow path to another block and take the lift to the 4th level where the gym is. The pool is also super tiny, I would call it a dipping pool.
Only 99 years leasehold property owners will have to worry about their property value dropping to ZERO for now (and hence have to convince others to buy such worthless properties so that they can flip their old "babies" to them).......
People buying Freehold have NO such worry about their "babies" becoming old.........
Not even for 999 years leasehold as many of them still have >900 years lease left (and their depreciation would be like 0.1% per year as compared to 99 years leasehold having depreciation of 1% per year)...........
Another classic one from Teddybear: after 999 years the value will drop to zero!
For me, 99 years are for own stay till enbloc if ever. If not, stay till die, no hassle.
FH for me is for transactional purposes.
Only 99 years leasehold property owners will have to worry about their property value dropping to ZERO for now (and hence have to convince others to buy such worthless properties so that they can flip their old "babies" to them).......
People buying Freehold have NO such worry about their "babies" becoming old.........
Not even for 999 years leasehold as many of them still have >900 years lease left (and their depreciation would be like 0.1% per year as compared to 99 years leasehold having depreciation of 1% per year)...........
Don't understand your distorted and weird reasoning that doesn't make any cow sense.......
Almost every one knows that people who buy 99-years leasehold properties want to hold only a short-term and always hoping to "flip" them to somebody else to hold their aging "babies" (before the property is >20 years old), if this is not "for transactional purposes", then how can FH where most people is willing to to hold forever be "transactional"?
For me, 99 years are for own stay till enbloc if ever. If not, stay till die, no hassle.
FH for me is for transactional purposes.
Even if some hold short term, some others will hold them till enbloc right?
Don't understand your distorted and weird reasoning that doesn't make any cow sense.......
Almost every one knows that people who buy 99-years leasehold properties want to hold only a short-term and always hoping to "flip" them to somebody else to hold their aging "babies" (before the property is >20 years old), if this is not "for transactional purposes", then how can FH where most people is willing to to hold forever be "transactional"?
Even if some hold short term, some others will hold them till enbloc right?
bearbear should troll on chinese ppty forum coz he will troll at them that all of them will see their houses depreciate to zero after 50 or 70 years (if he even knows that in the first place before googling).
proud owner
02-11-16, 19:21
Even if some hold short term, some others will hold them till enbloc right?
If the 99 LH project is sold by FEO ( while the land could be FH) .... NO CHANCE OF ENBLOC ...
If the 99 LH project is sold by FEO ( while the land could be FH) .... NO CHANCE OF ENBLOC ...
Then we should be discerning which projects we go for.
I personally do not bother with FH or LH.
Historical data will show both can be extremely profitable if hold for right period.
For enbloc, just see how recent shunfu and raintree both are LH. And many other old towers, regardless LH or FH, have redevelopment potential.
Just be practical and selective, and sometimes must accept people just be lucky :).
All else including price being equal or close, Freehold definitely is a better lobang.
But usually they will be too unequal to compare.
Insisting FH is definitely better than LH, is saying that its better to buy a tortoise for the race than to buy a hare. If the race is for decades, the tortoise should ultimately win (after the hare's life ends), but in the foreseeable short term on land where it matters most, the hare consistently outruns the tortoise (except for occasional slips). And when it goes underwater, the tortoise should do better than the hare.
So much will depend on the condition and situation. There is no absolute answer.
When the population do not grow much (like now because foreigners' intake has been tightened and because more and more old people will die than number of new-borns), there will be less and less demand for LH (because people know it will be very difficult to flip to next goondu to hold their "babies" before their properties reach 20 years old and their LH property value will start to drop more steeply)..........
When property demand is low, people can stop dreaming about ENBLOC! They can only hold their properties until their lease runs out at 99 years old............
I personally do not bother with FH or LH.
Historical data will show both can be extremely profitable if hold for right period.
For enbloc, just see how recent shunfu and raintree both are LH. And many other old towers, regardless LH or FH, have redevelopment potential.
Just be practical and selective, and sometimes must accept people just be lucky :).
If let's say you are right, and there is really a population freeze.
Which type of development has the leeway to lower rent and still match or close to match monthly mortgage payment without out of pocket payment, supposing the properties are all with 80% loan?
But we have seen is there is no freeze - the population growth is just slow enough that it is not so noticeable or offensive.
When the population do not grow much (like now because foreigners' intake has been tightened and because more and more old people will die than number of new-borns), there will be less and less demand for LH (because people know it will be very difficult to flip to next goondu to hold their "babies" before their properties reach 20 years old and their LH property value will start to drop more steeply)..........
When property demand is low, people can stop dreaming about ENBLOC! They can only hold their properties until their lease runs out at 99 years old............
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