Waterbank (D14, 99 years leasehold, UOL)

[Reporter]

Waterbank at Dakota in District 14 has a hïgh of $1,443 psf! What a good start!


Private Residential Units Sold in the Month of April 2010
Project Name ......... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Waterbank at Dakota . RCR ....... 573 ....................... 573 ........................ 1,443 ........... 1,178 ........... 885

[smallant]

wah lau ! $1443 psf !!! Is tis direct or sub sales ?? Got so high meh ??
:scared-1: :scared-1: :scared-1:

[devilplate]

wah lau ! $1443 psf !!! Is tis direct or sub sales ?? Got so high meh ??
:scared-1: :scared-1: :scared-1:

developer price....2nd phase studio prices...cud be top flr. 484sqft...so dun be so alarmed la...:D

[jasonyap]

developer price....2nd phase studio prices...cud be top flr. 484sqft...so dun be so alarmed la...:D

2nd phase is stack 16... 1.443K is really quite a big jump as I knew the 1sh phase 1+1 was 1.25K for 7th floor...

[devilplate]

2nd phase is stack 16... 1.443K is really quite a big jump as I knew the 1sh phase 1+1 was 1.25K for 7th floor...

for eg..1st phase 1+1...01-47 is 640k...den 2nd phase 02-17(also ground flr) is 690k and in fact 01-47 is a much better stack. :D

[devilplate]

WATERBANK LEFT 1 UNIT!

CHEERS!:cheers1:

[maisonjai]

for eg..1st phase 1+1...01-47 is 640k...den 2nd phase 02-17(also ground flr) is 690k and in fact 01-47 is a much better stack. :D

"47" ???:confused:

[smallant]

wah bang ! 1 unit left !! UOL is already rowing waterbank via river all the way to their bank !
sigh.... too late to buy now... wait.... :D

[devilplate]

"47" ???:confused:


cud be 27 den..hehe..i type offhand

[Komo]

WATERBANK LEFT 1 UNIT!

CHEERS!:cheers1:

which unit? I guess must be the 3 bedder with PES facing headon to the entrance at the 2nd floor. I wonder who will buy that unit.

[devilplate]

which unit? I guess must be the 3 bedder with PES facing headon to the entrance at the 2nd floor. I wonder who will buy that unit.

din ask my agt who sent me the sms. anyway, i tink UOL is closing the showflat oredi. :D

I am pleasantly surprised as I tot tat UOL may not be able to sell those units facing MSCP. mind u...its really close..some of them probably less den 10m away from the carpark...

[smallant]

I buy.. I buy...
But at price those I can afford to buy..
800 to 900 is wat I think it's worth a buy...
Higher than tat .. It's gd bye !

:D

[tkc2263]

I buy.. I buy...
But at price those I can afford to buy..
800 to 900 is wat I think it's worth a buy...
Higher than tat .. It's gd bye !

:D

Then may I say good bye to you....:cheers1:

[jasonyap]

I buy.. I buy...
But at price those I can afford to buy..
800 to 900 is wat I think it's worth a buy...
Higher than tat .. It's gd bye !

:D

My good bye to u as well...

[devilplate]

I buy.. I buy...
But at price those I can afford to buy..
800 to 900 is wat I think it's worth a buy...
Higher than tat .. It's gd bye !

:D

buy JB lor...u can easily afford...:D

[smallant]

Thxs for advice lor.. JB... Thinking lor.. Even our Hell Ministry telling us can go JB to see doc.. use medisave. So maybe can consider buying there.. half price..
Only worries is the crime rate.. Then again.. I not rich.. so maybe nothing to scare off. :sleep:

[devilplate]

Thxs for advice lor.. JB... Thinking lor.. Even our Hell Ministry telling us can go JB to see doc.. use medisave. So maybe can consider buying there.. half price..
Only worries is the crime rate.. Then again.. I not rich.. so maybe nothing to scare off. :sleep:

u may not be 'rich' in SG...but its a diff story once u cross over.:D

[jasonyap]

Thxs for advice lor.. JB... Thinking lor.. Even our Hell Ministry telling us can go JB to see doc.. use medisave. So maybe can consider buying there.. half price..
Only worries is the crime rate.. Then again.. I not rich.. so maybe nothing to scare off. :sleep:

You better act fast as foreigner will not allow to purchase property below RM500k start from July...

[smallant]

Thxs Jason .. But knowing Malaysia... laws can be rather rubbery.. etc..
Flip flops.. Will wait and see.. buying there is to stay,,, not investment.. as lots and lots of land there...
No hurry.....

[2824]

How come this project is still advertising ? Thought there is only 1 unit left?

[devilplate]

UOl still advertising meh? whr u seen it? :confused:

[Fishsee]

I saw the ad too. Yesterday's Straits Time still advertising...

[devilplate]

haha...for 1 unit...:D

[devilplate]

waterbank got one returned unit...i wud tot quite attractive ...so share wif u all

19-32, 2bedder, ard 1200psf...i pity those who bot those low flr facing carpark..this one definitely better deal

[maisonjai]

waterbank got one returned unit...i wud tot quite attractive ...so share wif u all

19-32, 2bedder, ard 1200psf...i pity those who bot those low flr facing carpark..this one definitely better deal

top floor unit, afternoon sun lover :cool:

[smallant]

So now 1+1 = 2 units !!! :)

[Lovelle]

So now 1+1 = 2 units !!! :)

Is the 2 units still avail ?

[latour]

tot it was all sold out oredi. Looks like the top 3 psf are the 624sqfts units... waw!

Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,368 624 $854k 06May-10
Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,370 624 $855k 03May-10
Dakota Crescent #2x-xx 99 Yrs From 07/12/2009 $1,379 624 $861k 29Apr-10

[Lovelle]

tot it was all sold out oredi. Looks like the top 3 psf are the 624sqfts units... waw!

Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,368 624 $854k 06May-10
Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,370 624 $855k 03May-10
Dakota Crescent #2x-xx 99 Yrs From 07/12/2009 $1,379 624 $861k 29Apr-10

how do u get the units number as well ?

[Sea]

WATERBANK @ DAKOTA



Last Unit Left !



+
$3000 worth of shopping vouchers for buyer


(Choose from Novena Square or United Square)



Blk 84 , 2 bedroom / 1087 sqft/






$1,140,000



Sms at 90686016 for appt now

[latour]

psf more then S$1,400 ($$$... :eek:... ), soon will have sub-sales of $1500 to $1600 for them to make a decent profit :confused:

70 Dakota Crescent #17-0x 99 YrsFrom 07/12/2009 $1400 484 $678k 13 May 10
78 Dakota Crescent #19-1x 99 YrsFrom 07/12/2009 $1408 624 $879k 13 May 10
70 Dakota Crescent #18-0x 99 YrsFrom 07/12/2009 $1420 484 $688k 06 May 10
70 Dakota Crescent #19-0x 99 YrsFrom 07/12/2009 $1433 484 $694k 10 May 10



tot it was all sold out oredi. Looks like the top 3 psf are the 624sqfts units... waw!

Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,368 624 $854k 06May-10
Dakota Crescent #1x-xx 99 Yrs From 07/12/2009 $1,370 624 $855k 03May-10
Dakota Crescent #2x-xx 99 Yrs From 07/12/2009 $1,379 624 $861k 29Apr-10

[Lovelle]

wonder if last unit is sold ?

[Lovelle]

psf more then S$1,400 ($$$... :eek:... ), soon will have sub-sales of $1500 to $1600 for them to make a decent profit :confused:

70 Dakota Crescent #17-0x 99 YrsFrom 07/12/2009 $1400 484 $678k 13 May 10
78 Dakota Crescent #19-1x 99 YrsFrom 07/12/2009 $1408 624 $879k 13 May 10
70 Dakota Crescent #18-0x 99 YrsFrom 07/12/2009 $1420 484 $688k 06 May 10
70 Dakota Crescent #19-0x 99 YrsFrom 07/12/2009 $1433 484 $694k 10 May 10

their quantum price is affordable....below 1 mil

[devilplate]

size is small 4xxsqft...low flr 12xxpsf up to highest flr 14xxpsf

so dun be fooled by psf figures.

76shenton even more misleading if u just based on psf

studio psf range from 16xx to 25xxpsf

16xxpsf seems cheap but 25xxpsf:scared-1: :scared-1: :scared-1: :scared-1:

[Wild Falcon]

Yah. The invasion of the MM units to keep high high PSF in city and city fringe areas :) It works - despite the super high PSF, they are the ones to sell out first. It also shows the majority of investors are not the deep pocket ones - typical middle class or upper middle class Singaporean.

[smallant]

even the quantam is big leh.. 6xxk 7xxk... for a shoe size unit..
:scared-1:
afraid wat is expensive now will be deem cheaper later ??

[devilplate]

6xx to 7xxk exp meh ??

u try do a search based on quantum at pptyguru...u will be shocked!!!

coz i jus did a search for my fren who only got budget of 600k..i ask him keep his $ in FD better:D

[Lovelle]

6xx to 7xxk exp meh ??

u try do a search based on quantum at pptyguru...u will be shocked!!!

coz i jus did a search for my fren who only got budget of 600k..i ask him keep his $ in FD better:D

so which unit did u bought are WB ?

[jlrx]

Yah. The invasion of the MM units to keep high high PSF in city and city fringe areas :) It works - despite the super high PSF, they are the ones to sell out first. It also shows the majority of investors are not the deep pocket ones - typical middle class or upper middle class Singaporean.

Mickeymousation is one of the very rare events in mankind's history where everyone can be happy.

1. Everyone in Singapore can now fulfill his aspiration of owning a private property with the ultimate target of 10 sq ft @ $10,000 psf, which can be used to store some prized possession and more importantly an important dinner conversation piece.

2. Every company in whatever business, whether wet market or book store or IT, can now become a property developer as it is a business with almost no entry barrier, and yet make tonnes of money by selling smaller and smaller units at higher and higher psf.

3. Existing land owners, including the Government, benefit from higher land valuation due to higher and higher psf transacted in land tenders.

I cannot think of anyone who does not welcome Mickeymousation. It is the God of Forture.

http://www.tisanim.com/Web/Sites/walldisney/938_.gifhttp://static.novelgames.com/flashgames/fortunegod/icon_round.1.gif

[devilplate]

so which unit did u bought are WB ?

bu nen suo the mi mi:tongue3:

[devilplate]

mickeymousation is not a bad thingy....we goto constantly keeping ourselves slim :D

[Lovelle]

last unit 2 bedder still advertising tdy...nobody wants this unit?

[devilplate]

last unit 2 bedder still advertising tdy...nobody wants this unit?

u and me also dunwan leh :D

tat returned unit sold liao? i guess wud be :D

[Lovelle]

wow, last unit is gone...

[devilplate]

finally 100% sold?:D

[jasonyap]

any resale recorded?

[Lovelle]

any resale recorded?

Should be abt 1mil for the 1 bedder with patio.

[DC33_2008]

Should be abt 1mil for the 1 bedder with patio.

What is the sq ft?

[devilplate]

Should be abt 1mil for the 1 bedder with patio.

??

1bedder patio only 581sqft...original price less den 700k wor

[tkc2263]

wow, last unit is gone...

I am curious how you know that unit has been sold, not doubting you by any means. Are you an agent?

Also how to confirm that WaterBank is 100% sold?

I wonder how much is the psf done if any for the subsales?

Thanks in advance.

[DC33_2008]

??

1bedder patio only 581sqft...original price less den 700k wor

$1700 psf ($1mil) for a 581 sqft unit with patio. Is it really so hot?

Last 3 sales lodged in June:

72 Dakota Crescent #19-09
99 Yrs From 07/12/2009
$1312
1130
$1483k
11 Jun 10
70 Dakota Crescent #01-02
99 Yrs From 07/12/2009
$1091
1087
$1186k
08 Jun 10
70 Dakota Crescent #11-05
99 Yrs From 07/12/2009
$1113
1281
$1426k
08 Jun 10

[Komo]

When they put out the sign 100% sold ?

[Lovelle]

I am curious how you know that unit has been sold, not doubting you by any means. Are you an agent?

Also how to confirm that WaterBank is 100% sold?

I wonder how much is the psf done if any for the subsales?

Thanks in advance.

just give a call to UOL to confirm. You can check transaction in URA.

The Sat advertisement for that last unit is also gone.

[Lovelle]

??

1bedder patio only 581sqft...original price less den 700k wor

Den should be the 2 bedder with patio, facing carpark.

[Lovelle]

From today BTimes

"For UOL, the preview of The Terrene follows the virtual sell-out of its Waterbank at Dakota, a 616-unit condo fronting Geylang River and next to Dakota MRT Station. The 99-year leasehold condo's launch in April was timed with the opening of the station."

[smallant]

:scared-2: laughing all the way to the Bank... For water bank owners ! Huat ah...

[jasonyap]

$1700 psf ($1mil) for a 581 sqft unit with patio. Is it really so hot?

Last 3 sales lodged in June:

72 Dakota Crescent #19-09
99 Yrs From 07/12/2009
$1312
1130
$1483k
11 Jun 10
70 Dakota Crescent #01-02
99 Yrs From 07/12/2009
$1091
1087
$1186k
08 Jun 10
70 Dakota Crescent #11-05
99 Yrs From 07/12/2009
$1113
1281
$1426k
08 Jun 10

thats reasonable... any more transac recorded?

[devilplate]

WB not fully sold yet. UOL still advertising for the last unit....:doh:

[DC33_2008]

thats reasonable... any more transac recorded?

0ne more transaction:
#13-06 $104psf 1259sqft $1313k 15 Jun 2010

Why is it reasonable with 1700psf for a MM unit?

[smallant]

ghost month coming... still got 1 "ghost" unit ??? But UOL saying in news all sold out.... who to believe ?? another mis-representation ? :doh:

[august]

Left 1 unit is as good as fully sold. Developer can forever don't sell this 1 unit also ok ~ :)

[bargain hunter]

maybe the sold unit got returned (again). LOL. :D


ghost month coming... still got 1 "ghost" unit ??? But UOL saying in news all sold out.... who to believe ?? another mis-representation ? :doh:

[Lovelle]

has anybody when to site ?

do u have any picture on how is the progress now ?

[devilplate]

has anybody when to site ?

do u have any picture on how is the progress now ?

i will go down to take a look when lawyer ask for the 1st 10%:D

[maisonjai]

has anybody when to site ?

do u have any picture on how is the progress now ?

no progress, i heard they start work early next year.

[Komo]

Seems quite a few units returned and sold again...

[maisonjai]

Seems quite a few units returned and sold again...

waa, did they panic or can't get loan? Wonder if those are small or bigger units being returned.

[tkc2263]

Did the Geylang River overflow its banks (pun intended) behind DR and WaterBank during the heavy downpour last Saturday? If it did, then at least the government has taken steps to rectify the problems.

In today's Business Times, it was reported,

"...Areas slated for upgrading soon include Geylang River and the downstream stretch of Rochor canal."

Another side note, it seems that finally the Grand Old Dame, the National Stadium, will be demolished and the new Sports Hub will be built..

So it seems that when WB gets its TOP in 2014, the area will be "done with" ;)

[devilplate]

the key lies in the kallang riverside development. once govt decide to sell the land over there, shd expect prices to hit 2000psf and will have a spillover effect for lavender/dakota condos:D

the problem is WHEN?

my seniors were telling me tat lakeside development was oredi announced in 1996/97....:scared-3: isit true?

[Lovelle]

perhaps build a shopping centre nearby.That is enough to generate some excitement in that area. The facility is quite unique, wading pool, rain water pavilion. (Something new)?

[tkc2263]

perhaps build a shopping centre nearby.That is enough to generate some excitement in that area. The facility is quite unique, wading pool, rain water pavilion. (Something new)?

Please dont quote me..I read in this forum, cant remember which thread, that someone mentioned that the former army camp along Old Airport Road was earmarked for a shopping centre or sorts....Can anyone confirm...

Even if its not gonna be a shopping centre, it would be interesting to know what the govt plans to do on this massive site...

Better still, what would you like to have/suggest if you are given the task to develop the former army camp.

I would like to vouch for a Katong Mall-like type of shopping mall, not so big scale like Parkway Parade...

[august]

Please dont quote me..I read in this forum, cant remember which thread, that someone mentioned that the former army camp along Old Airport Road was earmarked for a shopping centre or sorts....Can anyone confirm...

Even if its not gonna be a shopping centre, it would be interesting to know what the govt plans to do on this massive site...

Better still, what would you like to have/suggest if you are given the task to develop the former army camp.

I would like to vouch for a Katong Mall-like type of shopping mall, not so big scale like Parkway Parade...

a park and greenery would be nice ~

[devilplate]

Please dont quote me..I read in this forum, cant remember which thread, that someone mentioned that the former army camp along Old Airport Road was earmarked for a shopping centre or sorts....Can anyone confirm...

Even if its not gonna be a shopping centre, it would be interesting to know what the govt plans to do on this massive site...

Better still, what would you like to have/suggest if you are given the task to develop the former army camp.

I would like to vouch for a Katong Mall-like type of shopping mall, not so big scale like Parkway Parade...

got chance for a mall as the vacant army camp is just next to dakota mrt. success rate for a mall next to mrt is vy high. if comes true, HUAT ARGH!:D ...better still..with condo on top of it so tat can push up the prices higher!:D btw, tat piece of land shd be under D15 rite considering dunman rd?

there is no nid for a park over there as residents can jog along the geylang river...quite nice...i jog b4:D

[maisonjai]

Please dont quote me..I read in this forum, cant remember which thread, that someone mentioned that the former army camp along Old Airport Road was earmarked for a shopping centre or sorts....Can anyone confirm...

Even if its not gonna be a shopping centre, it would be interesting to know what the govt plans to do on this massive site...

Better still, what would you like to have/suggest if you are given the task to develop the former army camp.

I would like to vouch for a Katong Mall-like type of shopping mall, not so big scale like Parkway Parade...

sure or not, don't me gan cheong leh.:o

[maisonjai]

more likely it's Kallang old airport :(

[Lovelle]

I relook at the new Sportshub map. there is a shopping centre in between of the stadium and indoor stadium.

Hope they make the whole area more like a park so that we wb ppl can go there for a walk.

[smallant]

any developement there is great ! So long as they dun chase away the old kallang airport hawker centre.. a lot of great foods there ! :D

[Geylang OKT]

I remember there is a huge longkang fronting the dakota condos. Will there be floods or not in the not too distant future? :)

[devilplate]

I remember there is a huge longkang fronting the dakota condos. Will there be floods or not in the not too distant future? :)

god knows:D

[focus]

I remember there is a huge longkang fronting the dakota condos. Will there be floods or not in the not too distant future? :)

Answer is NO! :P

That longkang is already battle-proven during the last 2 flash floods.
It seems the flood is now occurring along old airport road instead..keke..

Take MRT when Flood!

[maisonjai]

STimes today, one of PUB's highlighted flood prone area is Mountbatten Rd.

[Lovelle]

STimes today, one of PUB's highlighted flood prone area is Mountbatten Rd.

Mountbatten road very long. Like Bkt Timah Rd...

[cher]

STimes today, one of PUB's highlighted flood prone area is Mountbatten Rd.

Prone to flood thats why it is call "Water" bank.:D

[devilplate]

i still waiting to see any firesale in orchard or the famous tessarina:D

[maisonjai]

Mountbatten road very long. Like Bkt Timah Rd...

don't know leh, they just put many red dots over the whole island.

[maisonjai]

i still waiting to see any firesale in orchard or the famous tessarina:D

http://imcms2.mediacorp.sg/CMSFileserver/documents/006/PDF/20100722/2207HNP004.pdf




While some homeowners may want out,



buyers may not want to buy, said Mr Mak.
This was on the mind of a homeowner
at the Gentle Reflections development, who
has been staying at a hotel with her family
of four since last Saturday’s flood.
Declining to be named, she said: “Who’s
going to buy now after the bad publicity?”
Yet, in the past few days, Knight Frank’s
head of business unit Daniel Leong has received
a few calls from buyers interested in
Tessarina, a development along Wilby Road
which has been hit twice by the floods, the
first in November last year.
“They’re hoping the owners would give
up and sell at rock-bottom prices,” said Mr
Leong. “But these owners are not moving.
If they have to sell, it’s because they need a
quick sale, but homeowners in Bukit Timah
are solid financially.”

u one of the callers? :D

[Geylang OKT]

I wouldn't buy a flood prone property. Who knows whether the flood waters (and over the years) have started to slowly erode the foundations :eek: :D

[devilplate]

I wouldn't buy a flood prone property. Who knows whether the flood waters (and over the years) have started to slowly erode the foundations :eek: :D

PUB highlighted many floodprone areas and i tink the list will only get longer....so how...hoot all high lying areas now?? haha

[DC33_2008]

Simulated data shows that Singapore will be hit by tropical storm in the next 30 years like what happened in Myanmar recently. You know which are will be the worst.

[devilplate]

Simulated data shows that Singapore will be hit by tropical storm in the next 30 years like what happened in Myanmar recently. You know which are will be the worst.

move to neighbour genting or cameroon safest:D

[DC33_2008]

Not that safe too as there will be landslide with the thunderstorm. A condo on the hill in Malaysia collapsed some years ago.

[devilplate]

Not that safe too as there will be landslide with the thunderstorm. A condo on the hill in Malaysia collapsed some years ago.

wah den how...migrate to MOON

[DC33_2008]

wah den how...migrate to MOON

House on stilts may become popular. HDB has been applying them (void decks) for many years. The upgraded lift will be a problem when it floods as they are on the ground level. Garment has realized this some years ago as they have raised the flood levels in the design of substation. Good luck to those condos in Bukit Timah with basements.

[devilplate]

House on stilts may become popular. HDB has been applying them (void decks) for many years. The upgraded lift will be a problem when it floods as they are on the ground level. Garment has realized this some years ago as they have raised the flood levels in the design of substation. Good luck to those condos in Bukit Timah with basements.

so landed ppty how?

[august]

so landed ppty how?
those owners have money, flood damage is small change to them... got excuse to do renovation :p

[devilplate]

those owners have money, flood damage is small change to them... got excuse to do renovation :p

but imagine 3 flash flood in a mth...haha:D

[Geylang OKT]

those owners have money, flood damage is small change to them... got excuse to do renovation :p

Even if they have money, 3 flash floods in a month means money down the drain for nothing :D

[devilplate]

Even if they have money, 3 flash floods in a month means money down the drain for nothing :D

rather spend the $ on china mei meis:D :D :D

[august]

saw dakota residences ytd, downside well protected by WB ~ :o

[focus]

saw dakota residences ytd, downside well protected by WB ~ :o

Yesterday we went down .. got chinese family looking around..
today i go down to wait for SP Services and walk around.. also another 2 chinese families.

Think china chinese is really very noticeable in showrooms and property vieiwng nowadays.. Ppty agents nowadays also got china chinese liao..

Really wonder whether all the negative thoughts of property prices being peakish is right. Last time there was no China Chinese and the number of millionaires from there to support market in 1997.. Could this time round be different?

[devilplate]

saw dakota residences ytd, downside well protected by WB ~ :o

hows the subsale/resale gg on at DR? not many caveats lodged other den dev's units...to me more like DR supporting WB launch prices now....

DR 2bedder quantum quite high now...ard 1.2mil++ for mid-high flr(last yr starbuy ard 950k only) quite gd profit to sell now...WB 3bedder ard 1.3mil during launch...but goto wait 3 long yrs

[devilplate]

Yesterday we went down .. got chinese family looking around..
today i go down to wait for SP Services and walk around.. also another 2 chinese families.

Think china chinese is really very noticeable in showrooms and property vieiwng nowadays.. Ppty agents nowadays also got china chinese liao..

Really wonder whether all the negative thoughts of property prices being peakish is right. Last time there was no China Chinese and the number of millionaires from there to support market in 1997.. Could this time round be different?

nobody can have the right answer for u....ur $...ur decision:D

[teddybear]

Just read a Feng shui book which says that "Avoid houses on stilts", bad feng shui. Even those on top of multi-storey car parks are considered to be in same category.


House on stilts may become popular. HDB has been applying them (void decks) for many years. The upgraded lift will be a problem when it floods as they are on the ground level. Garment has realized this some years ago as they have raised the flood levels in the design of substation. Good luck to those condos in Bukit Timah with basements.

[DC33_2008]

Did they say why fengshui no good?

[devilplate]

can fengshui tell me wats the next TOTO winning numbers?:D

[august]

hows the subsale/resale gg on at DR? not many caveats lodged other den dev's units...to me more like DR supporting WB launch prices now....

DR 2bedder quantum quite high now...ard 1.2mil++ for mid-high flr(last yr starbuy ard 950k only) quite gd profit to sell now...WB 3bedder ard 1.3mil during launch...but goto wait 3 long yrs

WB launched at 13xx psf right?

[focus]

nobody can have the right answer for u....ur $...ur decision:D

I know :) Just thinking out loud... It's my $ and my judgement call.

[devilplate]

WB launched at 13xx psf right?

2-3bedder from ard 1050 to 1300psf...certain not so ideal facing 3bedder from ard 950-1kpsf(not ground flr)

i tink there is some misconception tat WB having high psf as ppl using 14xxpsf which is the highest psf for top flr studios.

so right now: 2bedder DR cost ard 1.2-1.3mil which is almost the same as WB 3bedder price.

mabe total quantum puts buyers off for DR....10xxsqft for 2bedders r currently too big for market standard...850-900sqft is the market standard now

[jlrx]

Yesterday we went down .. got chinese family looking around..
today i go down to wait for SP Services and walk around.. also another 2 chinese families.

Think china chinese is really very noticeable in showrooms and property vieiwng nowadays.. Ppty agents nowadays also got china chinese liao..

Really wonder whether all the negative thoughts of property prices being peakish is right. Last time there was no China Chinese and the number of millionaires from there to support market in 1997.. Could this time round be different?

No need to depend on the Chinese. You just look at the very interesting HDB situation and you will know that the property market will continue moving up.

When buyers want to buy an HDB flat in Marine Parade, the Government offers a flat in Punggol; when buyers want a flat in Toa Payoh, the Government offers a flat in Bukit Panjang; when buyers want a flat in Clementi, the Government offers a flat in Sengkang.

Whereas private condos have new land sales and supplies coming, there is nothing for HDB other than some SERS here and there.

Hence anyone who wants a flat in a matured estate and doesn't want those outlying areas have no choice but to fork out higher and higher COV to get the old uncles and aunties to vacate their flats.

The HDB will push up the OCR and OCR will push up the RCR and the RCR will push up the CCR.

[devilplate]

The HDB will push up the OCR and OCR will push up the RCR and the RCR will push up the CCR.

top down scenerio in 2006-07....now bottom up...:D

[august]

2-3bedder from ard 1050 to 1300psf...certain not so ideal facing 3bedder from ard 950-1kpsf(not ground flr)

i tink there is some misconception tat WB having high psf as ppl using 14xxpsf which is the highest psf for top flr studios.

so right now: 2bedder DR cost ard 1.2-1.3mil which is almost the same as WB 3bedder price.

mabe total quantum puts buyers off for DR....10xxsqft for 2bedders r currently too big for market standard...850-900sqft is the market standard now
i always feel 10xx sqft sized 2-bedders is the norm, but is true nowadays they are getting smaller and smaller. It is good that most prestigious projects still retain these size e.g. Reflections and MBR have good sized 2 bedder units from 10xx to 13xx sqft.

[devilplate]

i always feel 10xx sqft sized 2-bedders is the norm, but is true nowadays they are getting smaller and smaller. It is good that most prestigious projects still retain these size e.g. Reflections and MBR have good sized 2 bedder units from 10xx to 13xx sqft.

yes...but lower rental yield....trade-off....if global economy picks up full steam, we shd expect investors snapping bigger units for better capital appreciation:D ...i am waiting patiently to offload:D

metropolitan 7xxsqft & 1000 sqft 2bedders fetching similar rental

of coz, we prefer to stay in spacious homes....can afford sure stay in bigger house:D

[august]

yes...but lower rental yield....trade-off....if global economy picks up full steam, we shd expect investors snapping bigger units for better capital appreciation:D ...i am waiting patiently to offload:D

metropolitan 7xxsqft & 1000 sqft 2bedders fetching similar rental

of coz, we prefer to stay in spacious homes....can afford sure stay in bigger house:D

for investment also.. a bigger unit (if u can afford and hold) enjoys a big capital gain (size x psf) when offload... thats why the rich gets richer hehe

[Komo]

for investment also.. a bigger unit (if u can afford and hold) enjoys a big capital gain (size x psf) when offload... thats why the rich gets richer hehe

Wondering if the floor level does really matters also.....my thoughts:
1. high floor no view or blocked - not good
2. high floor pool view - not good (view too small can't really see anything)
3. low floor pool view - good (perhaps have resort feel)
4. high floor unblocked view - good
5. high floor partly blocked view or just a small see through "gap" - no good
6. low floor unblocked view - good
7....

[august]

Wondering if the floor level does really matters also.....my thoughts:
1. high floor no view or blocked - not good
2. high floor pool view - not good (view too small can't really see anything)
3. low floor pool view - good (perhaps have resort feel)
4. high floor unblocked view - good
5. high floor partly blocked view or just a small see through "gap" - no good
6. low floor unblocked view - good
7....
nowadays due to smaller plot size, projects are getting more complicated in terms of layout etc. Unlike in the past, developers now sell at psf that can jump and swings quite widely depending on floor, facing etc.

investors bo pian really got to study the site plan, layout etc more carefully

[focus]

No need to depend on the Chinese. You just look at the very interesting HDB situation and you will know that the property market will continue moving up.

When buyers want to buy an HDB flat in Marine Parade, the Government offers a flat in Punggol; when buyers want a flat in Toa Payoh, the Government offers a flat in Bukit Panjang; when buyers want a flat in Clementi, the Government offers a flat in Sengkang.

Whereas private condos have new land sales and supplies coming, there is nothing for HDB other than some SERS here and there.

Hence anyone who wants a flat in a matured estate and doesn't want those outlying areas have no choice but to fork out higher and higher COV to get the old uncles and aunties to vacate their flats.

The HDB will push up the OCR and OCR will push up the RCR and the RCR will push up the CCR.

Walau.. you always can explain things so simply and beautiful and give people confidence of propertism rule number 1.

So , bottom up scenario is more sustainable as it is basic demand that is driving up prices and there is a floor to the base-price already built-in. In this case, I found that :-
1) HDB BTO are selling at around $250-300psf (OCR New - Sengkang/Punggol)
2) HDB DBSS are selling at around $450psf (OCR New- Toa Payoh)
3) HDB EC are selling at around $700-800psf (OCR resale - Bishan Loft) - More or less adhering to the rule of thumb of condo price being 1.5x of HDB highest pricing in that particular area. (Compare OCR to OCR).

So, theoretically, HDB EC becomes similar to Condo after 5yrs and therefore, Mass market condo OCR pricing should be slightly above the EC.

4) OCR Mass Market Condo - Around $900-1000psf (for new ones), put in a 10% premium for being near MRT or is FH.

For RCR, if we do the same comparison of RCR HDB versus RCR Condo, we should get RCR Mass Market condo of around priced at a premium again for being nearer to city, add another 10% to base price of Mass market condo - Around $1100psf - $1200psf(if near MRT)

[devilplate]

for investment also.. a bigger unit (if u can afford and hold) enjoys a big capital gain (size x psf) when offload... thats why the rich gets richer hehe

its actually about the same capital appreciation if u invest 2units of 1bedder costing 1mil each or just 1unit of 3bedder costing 2mil...however, its easier to find 4k tenant for each of ur 1bedder rather den 8k for ur 3bedder. bigger unit will face cashflow problems too if one overleverage.

moreover, during a bull run...its impossible to sell at peak....so, by owning 2 units of 1bedder....u can sell one by one....or just sell one and keep the other:D ....diff strategy lor....also, not everywhr can buy 1bedder...places like terrene or any other ppty along bukit timah....2/3bedder will be better as they r famous for gd schools:D

[devilplate]

Walau.. you always can explain things so simply and beautiful and give people confidence of propertism rule number 1.

So , bottom up scenario is more sustainable as it is basic demand that is driving up prices and there is a floor to the base-price already built-in. In this case, I found that :-
1) HDB BTO are selling at around $250-300psf (OCR New - Sengkang/Punggol)
2) HDB DBSS are selling at around $450psf (OCR New- Toa Payoh)
3) HDB EC are selling at around $700-800psf (OCR resale - Bishan Loft) - More or less adhering to the rule of thumb of condo price being 1.5x of HDB highest pricing in that particular area. (Compare OCR to OCR).

So, theoretically, HDB EC becomes similar to Condo after 5yrs and therefore, Mass market condo OCR pricing should be slightly above the EC.

4) OCR Mass Market Condo - Around $900-1000psf (for new ones), put in a 10% premium for being near MRT or is FH.

For RCR, if we do the same comparison of RCR HDB versus RCR Condo, we should get RCR Mass Market condo of around priced at a premium again for being nearer to city, add another 10% to base price of Mass market condo - Around $1100psf - $1200psf(if near MRT)

den CCR how...hehe

how to justify 3kpsf:D

it is better not to mix HDB prices with condo prices...however, if HDB prices keep rising, it enables ppl to upgrade to condo. so long the amount of proceeds after selling HDB r enuff to upgrade to condo.

moreover, income gap r widening as well...so we shd expect HDB prices and pte ppty price gap to widen too:D

[august]

its actually about the same capital appreciation if u invest 2units of 1bedder costing 1mil each or just 1unit of 3bedder costing 2mil...however, its easier to find 4k tenant for each of ur 1bedder rather den 8k for ur 3bedder. bigger unit will face cashflow problems too if one overleverage.

moreover, during a bull run...its impossible to sell at peak....so, by owning 2 units of 1bedder....u can sell one by one....or just sell one and keep the other:D ....diff strategy lor....also, not everywhr can buy 1bedder...places like terrene or any other ppty along bukit timah....2/3bedder will be better as they r famous for gd schools:D

wah lau i talking 1 unit u bring in 2 unit, like that of cos lah lol

[focus]

den CCR how...hehe

how to justify 3kpsf:D

it is better not to mix HDB prices with condo prices...however, if HDB prices keep rising, it enables ppl to upgrade to condo. so long the amount of proceeds after selling HDB r enuff to upgrade to condo.

moreover, income gap r widening as well...so we shd expect HDB prices and pte ppty price gap to widen too:D

Yup. I agreed. That's why I only stopped at RCR for comparison.
I believe home affordability is mainly based on the income level of the population and this is indirectly reflected on the demand of HDB at a particular pricing. Comparison will then be more meaningful as HDB upgraders (which form the 80% based of the housing market) will be thinking of the jump from HDB pricing to mass market condo.

For CCR which consists of mostly mid-tier and high-end, that one is not dictated by income level but rather the wealth level of the individual. So this one is hard to quantify and is mainly a judgement call on what type of foreign investors are coming to singapore. I'm figuring this one out.

[devilplate]

For CCR which consists of mostly mid-tier and high-end, that one is not dictated by income level but rather the wealth level of the individual. So this one is hard to quantify and is mainly a judgement call on what type of foreign investors are coming to singapore. I'm figuring this one out.

ppty_owner may have a better picture:spliff2:

[Lovelle]

Tdy when to view DR. Only left 3 units of the 4 bedder left.
The swimming pool chair has the hotel resort feeling. Very nice.

To my surprised, the floor is not marble but toilet wall in the 4 bedder unit is fully tiled with marble.

A 3 bedders unit owner asking for 1.6m and another said got an offer at 1400psf.

[Lovelle]

The showroom at WB has been tore down since yesteday, they are clearing the scrap tdy. It's really noisy at the construction side tdy.

Saw a few heavy duty cranes on site, hammering the ground.

along the river (longkang), there is a few of those green squarish machine, not sure what it is...

[jasonyap]

Tdy when to view DR. Only left 3 units of the 4 bedder left.
The swimming pool chair has the hotel resort feeling. Very nice.

To my surprised, the floor is not marble but toilet wall in the 4 bedder unit is fully tiled with marble.

A 3 bedders unit owner asking for 1.6m and another said got an offer at 1400psf.

Huat ar!!!!

[focus]

Tdy when to view DR. Only left 3 units of the 4 bedder left.
The swimming pool chair has the hotel resort feeling. Very nice.
.
Agreed. Daytime , the landscape looks very lousy and bare...
but nite time.. with the lighting, the place do have that resort feel.. Probably because it's dark everywhere and you will focus on the landscape.

http://lh3.ggpht.com/_mTPKPiyloeE/TEw6k0mPwDI/AAAAAAAAHFQ/lNWqxy6SeTU/s800/IMAG0343.jpg

http://lh5.ggpht.com/_mTPKPiyloeE/TEw5ub3fgwI/AAAAAAAAHEE/TeevrTcBDYQ/s800/IMAG0351.jpg

http://lh4.ggpht.com/_mTPKPiyloeE/TEw5cmNhAsI/AAAAAAAAHDo/A4hLzy7k_ew/s800/IMAG0354.jpg




http://lh3.ggpht.com/_mTPKPiyloeE/TEw5Xsz84eI/AAAAAAAAHDY/Xoi0uqTsWUQ/s800/IMAG0355.jpghttp://lh4.ggpht.com/_mTPKPiyloeE/TExGgFQrOeI/AAAAAAAAHGY/eOtfnw0at6I/Hot%20Spa.pnghttp://lh4.ggpht.com/_mTPKPiyloeE/TEw5FtMJnkI/AAAAAAAAHDA/0_21SYWjlGo/s800/IMAG0359.jpg

[sleek]

Nice pics, but wrong thread. :p


Agreed. Daytime , the landscape looks very lousy and bare...
but nite time.. with the lighting, the place do have that resort feel.. Probably because it's dark everywhere and you will focus on the landscape

[focus]

Nice pics, but wrong thread. :p

Haha.. ya.. I just realised that... Thought we were talking about Dakota Residence... Ops.

[Lovelle]

WB and DR are neighbours.

[smallant]

Ah Mah saying more HDB flats gonna be build.. :)

[devilplate]

Ah Mah saying more HDB flats gonna be build.. :)

any co-relation with DR/WB?

[august]

any co-relation with DR/WB?

surrounded by hdbs? :p

[Komo]

surrounded by hdbs? :p

not exactly....one side only, the other side long kang...:scared-2:

[tkc2263]

Finally, Sports Hub onboard!!!!

From today's Straits Times.....

Demolition of the National Stadium, which sits on the site, will begin in October, and the new facility will open its doors by April 2014.


When completed, the Sports Hub will include a 55,000-seat National Stadium with a retractable roof, a 6,000-seat indoor aquatics arena, about 41,000 square metres of business, commercial and retail space, and a sports institute.


There will also be a sports library and sports museum, as well as other amenities including a volleyball court, rock-climbing wall, hard courts, a skate park and state-of-the-art training and sports recovery facilities, among others.

Come 2014, it will be interesting and exciting times indeed...

This will definitely add sparkles and bring life to the surrounding developments in the Tanjong Rhu and the Dakota areas; Dakota Residences and WaterBank.....

[august]

not exactly....one side only, the other side long kang...:scared-2:

is a goddam river ok! :mad:








:p

[devilplate]

geylang longkang? zappy?

[jasonyap]

Finally, Sports Hub onboard!!!!

From today's Straits Times.....

Demolition of the National Stadium, which sits on the site, will begin in October, and the new facility will open its doors by April 2014.


When completed, the Sports Hub will include a 55,000-seat National Stadium with a retractable roof, a 6,000-seat indoor aquatics arena, about 41,000 square metres of business, commercial and retail space, and a sports institute.


There will also be a sports library and sports museum, as well as other amenities including a volleyball court, rock-climbing wall, hard courts, a skate park and state-of-the-art training and sports recovery facilities, among others.

Come 2014, it will be interesting and exciting times indeed...

This will definitely add sparkles and bring life to the surrounding developments in the Tanjong Rhu and the Dakota areas; Dakota Residences and WaterBank.....

I have more interest in the old army camp as stadium is a confirmed deal..

[Lovelle]

dear all

they have started to build block 28 liao. I don't have pic with me otherwise can show u all...

[devilplate]

dear all

they have started to build block 28 liao. I don't have pic with me otherwise can show u all...

foundation done for blk 28? tats fast

[tkc2263]

I have more interest in the old army camp as stadium is a confirmed deal..

I did mention in a much earlier posting, rumours abound of a shopping mall project on the old army camp site...How true that is, is anybody's guess..

Could it be another MRT/LRT station for a future Line??? :scared-1:

[devilplate]

The answer cud only b revealed in next masterplan

[Lovelle]

More progress at WB !!go see see...

[jasonyap]

More progress at WB !!go see see...

Appreciated if someone can post the progression photo...:cool::cool:

[Lovelle]

now at construction reach level 6...

[Lovelle]

now construction reach level 6...

[jasonyap]

now construction reach level 6...

So fast? All blocks?

[devilplate]

So fast? All blocks?

on selected stacks

[jasonyap]

on selected stacks

That would be real fast...

[sh]

geylang longkang? zappy?

You would be grateful that the marina bay barrage is up. It used to stink at low tide....

[sh]

That would be real fast...

No basement what... So can be really fast...

Fast fast build, fast fast collect money...

[devilplate]

No basement what... So can be really fast...

Fast fast build, fast fast collect money...

i wud rather build fast fast(but maintains quality) rather den build slow slow like some of the FEO projects! launch in 2006 till now haven TOP!:scared-1:

[Lovelle]

if can build quickly, it's worth a look at those mm in wb.

[devilplate]

if can build quickly, it's worth a look at those mm in wb.

cant bring myself to buy subsale wor especially i was there at the showflat during the very first day of preview....haha....was eyeing the ground flr studio actually 01-27...nrly bot it...lol

2nd twr launch at about 50k higher (for studios):banghead:

[tkc2263]

Can someone please explain why the latest caveats lodged so far up to June 2010 show 551, when its widely known that WB (616 units) is a near sell out project?

Even if some units are returned, wouldnt these caveats be lodged?

Is there anyway to know if there are any subsales done so far?

Any input is appreciated.

Thank you in advance..

[devilplate]

Can someone please explain why the latest caveats lodged so far up to June 2010 show 551, when its widely known that WB (616 units) is a near sell out project?

Even if some units are returned, wouldnt these caveats be lodged?

Is there anyway to know if there are any subsales done so far?

Any input is appreciated.

Thank you in advance..

not all units will be caveated if bot direct from developers as its quite safe not to lodge a caveat...unlike resale, ALWAYS make sure ur lawyer lodge caveat for u !

i bot some direct from developers, also cant find my caveat even though banks lodge a caveat for me....i wanted to noe y also...haha

fyi: left one 2bedder ground flr unit unsold...dun tink any subsale done yet

[Lovelle]

cant bring myself to buy subsale wor especially i was there at the showflat during the very first day of preview....haha....was eyeing the ground flr studio actually 01-27...nrly bot it...lol

2nd twr launch at about 50k higher (for studios):banghead:

Within 1 yr of rental u can make it most of it back lor

[maisonjai]

Taken today. Only 2 blks are up, extreme left blk 84 & blk 82 slightly lower

http://i1029.photobucket.com/albums/y358/maisonjai/Picture144a.jpg

[Lovelle]

Thanks, I also went down to see. Quite many cranes..

they have started building blocks facing river...now in 3rd or 4th level

[jasonyap]

Taken today. Only 2 blks are up, extreme left blk 84 & blk 82 slightly lower

http://i1029.photobucket.com/albums/y358/maisonjai/Picture144a.jpg

Thanks!

Hope to see more in the next 3 months..

[jasonyap]

SINGAPORE: National water agency PUB is investing S$37.8 million to make improvements to the Geylang River under the Active, Beautiful, Clean (ABC) Waters programme.

PUB said this would benefit residents in the Dunman Road and Guillemard Road areas.

The river would feature architectural and landscaping designs, in line with the theme of "delighting in simple pleasures".

PUB said the design elements would be reflective of the area's heritage, such as a Songket-inspired paving design, and shelters and trellis spotting an interpretative style of stilts-and-posts, along the river bank.

Besides incorporating ABC Waters features along the 830-metre stretch from Dunman Road to Guillemard Road, the project also includes a widening of the stretch of river as part of drainage improvement.

Another key feature of the project is a rain garden to demonstrate the connection among water, nature and people.

The works would be carried out by Koh Brothers Building & Civil Engineering Contractor, who was awarded the contract.

It's scheduled to be completed by May 2013.

[tkc2263]

To jasonyap,

Does the stretch of the Geylang River that run from behind WB past DR and all the way to Mountbatten Station included in the ABC cleanup and rejuvenation programme as you have reported?

If it is true, then it's another plus to the 2 developments and the HDB blocks too. I remember someone mention that its just a dirty longkang and hence nobody will buy and stay in DR and WB....

[Lovelle]

To jasonyap,

Does the stretch of the Geylang River that run from behind WB past DR and all the way to Mountbatten Station included in the ABC cleanup and rejuvenation programme as you have reported?

If it is true, then it's another plus to the 2 developments and the HDB blocks too. I remember someone mention that its just a dirty longkang and hence nobody will buy and stay in DR and WB....

be it true or not , both wb and DR are completely sold off due to mrt and location.

[jasonyap]

To jasonyap,

Does the stretch of the Geylang River that run from behind WB past DR and all the way to Mountbatten Station included in the ABC cleanup and rejuvenation programme as you have reported?

If it is true, then it's another plus to the 2 developments and the HDB blocks too. I remember someone mention that its just a dirty longkang and hence nobody will buy and stay in DR and WB....

The longkand is dirty black color but lucky it's not stink... No doubt it's a sold out project but is there any change of hand yet?

[Lovelle]

The longkand is dirty black color but lucky it's not stink... No doubt it's a sold out project but is there any change of hand yet?

Hi,

A,B, C (lean). I am sure they will clean it.

[fairlady04]

there have been no subsale for Waterbank which is very strange... everyone holding for bigger upside? or are they deterred by the seller's stamp duty? It was sold in April... those who bought it in April, will they be subject to 1 year or 3 years of sellers stamp duty?

[aceivan]

there have been no subsale for Waterbank which is very strange... everyone holding for bigger upside? or are they deterred by the seller's stamp duty? It was sold in April... those who bought it in April, will they be subject to 1 year or 3 years of sellers stamp duty?

I believe they r subjected to 1 yr SSD. Which I guess most of them r holding till Mar/Apr 2011.

[fairlady04]

With Lakefront at far western Singapore also selling for S$1,100psf, isnt Waterbank a much better deal => 10 mins drive/ MRT to CBD + unblocked East Coast/Marina Bay city view on high floors for most units. No wonder Dakota Residences have some big units transacting at S$1500psf already.... Just a passing thought.

[Lovelle]

With Lakefront at far western Singapore also selling for S$1,100psf, isnt Waterbank a much better deal => 10 mins drive/ MRT to CBD + unblocked East Coast/Marina Bay city view on high floors for most units. No wonder Dakota Residences have some big units transacting at S$1500psf already.... Just a passing thought.

anyone taken any pic lately ?

[focus]

anyone taken any pic lately ?

Tomorrow I take pic for you if I remember... :)

[devilplate]

Tomorrow I take pic for you if I remember... :)

tks bro....:D

[azeoprop]

The only negative thing is that this area is right under the landing flight path for paya lebar airbase. Other than that, everything is excellent. :)

[devilplate]

The only negative thing is that this area is right under the landing flight path for paya lebar airbase. Other than that, everything is excellent. :)
U r so kind... Some say near hdb, geylang n longkang...lol

[jasonyap]

Tomorrow I take pic for you if I remember... :)

Thanks ...

[sleek]

But wonder when can the river clear up, as was there on Sunday and the water was still murky brown. :cool:


U r so kind... Some say near hdb, geylang n longkang...lol

[bargain hunter]

even despite the supposed clean up at the other side for clarke quay, robertson quay all the way up to rivergate area, its still murky brown, so i doubt much can be done.


But wonder when can the river clear up, as was there on Sunday and the water was still murky brown. :cool:

[devilplate]

i haven see a canal tat is as clear as the sea....

[sleek]

Got la, those nearer to the sea like Siglap Canal. :D


i haven see a canal tat is as clear as the sea....

[devilplate]

Got la, those nearer to the sea like Siglap Canal. :D

really meh,.....nvr see b4...but telok kurau park connector tat stretch which leads to sea (parallel to the siglap)also brown brown one

[bargain hunter]

probably can't be helped with all the construction going around the island.


really meh,.....nvr see b4...but telok kurau park connector tat stretch which leads to sea (parallel to the siglap)also brown brown one

[Lovelle]

The only negative thing is that this area is right under the landing flight path for paya lebar airbase. Other than that, everything is excellent. :)

jurong west also under flight path but price there is over 1200 psf , how to afford ? JW is becoming out of many ppl reach.

So i buy this one lor

[Lovelle]

Tomorrow I take pic for you if I remember... :)


thank you, u stay next door rite


???

[devilplate]

jurong west also under flight path but price there is over 1200 psf , how to afford ? JW is becoming out of many ppl reach.

So i buy this one lor

jurong become 1200psf after waterbank launch leh:p

[Lovelle]

jurong become 1200psf after waterbank launch leh:p


yeah wor...so u think WB is undervalued now ?

[tkc2263]

U r so kind... Some say near hdb, geylang n longkang...lol

You are NOT so kind .... Most say near Flyer, Sports Hub, Old Airport Hawker Centre, Marina Bay Sands, Dakota MRT Station and Gardens By The Bay...

[focus]

Can't get a clear shot from the HDB flats. Think you need to go into the flat?



http://lh6.ggpht.com/_mTPKPiyloeE/TQDQ23-qcKI/AAAAAAAAHrw/44eZkBKbjhc/s640/IMG_20101209_123113.jpghttp://lh4.ggpht.com/_mTPKPiyloeE/TQDREQl-uNI/AAAAAAAAHsE/LXtXPOqbefc/s512/IMG_20101209_122329.jpghttp://lh3.ggpht.com/_mTPKPiyloeE/TQDQyCh-oBI/AAAAAAAAHro/eKYBvj_uB1Y/s640/IMG_20101209_122742.jpg

[devilplate]

Tq bro! Pretty fast as it was launched in april...cheers

[Lovelle]

many thanks, fren !!

:cheers6:

the tallest block seems to have abt 8 - 10th flr...

rest just started...

no carpark insight..

[tkc2263]

At this rate this is going, TOP will definitely be half a year earlier than stipulated....I personally vouch for Dec 2013 TOP.

[devilplate]

At this rate this is going, TOP will definitely be half a year earlier than stipulated....I personally vouch for Dec 2013 TOP.

yo, u aso got vested interest?

dec 2013 too conservative....

we shd aim for 1st half of 2013:D

[Lovelle]

You are NOT so kind .... Most say near Flyer, Sports Hub, Old Airport Hawker Centre, Marina Bay Sands, Dakota MRT Station and Gardens By The Bay...

next time got this refurbished canal call ABC project, where is this Gardens By the bay

[DC33_2008]

Not many subsales here? Some resales are happening in the nearby units.

[jasonyap]

Not many subsales here? Some resales are happening in the nearby units.

All are waiting for next April...

[Lovelle]

All are waiting for next April...

next door doing very well. 2 bedders going for 1.2m and 3 bedders going for 1.5m

[tkc2263]

Just read in the LianHe ZaoBao, remember the old Kallang Theatre..

Well, it has been reported that KT after having been closed for over 3 years, the site will soon be launched for tender..

Another plus factor for the general area there...

I am actually more interested on what are the development plans for the former army camp site along Old Airport Road.

Any leads???

[jasonyap]

I received letter for payment di... !!!

[devilplate]

I received letter for payment di... !!!

hit 40% payment?

[maisonjai]

huh so fast 40%, wah ur blk cheong faster than the others, haha. Last wk was my 1st deduction :o

[jasonyap]

hit 40% payment?

Piling work done only...still long way to go...

[Lovelle]

Piling work done only...still long way to go...

mine 2nd liao

[Lovelle]

Hi

can anyone tell me how to attach photos ?

[kingkong1984]

Look for white smiley :) the click on the paper clip beside it.

[Lovelle]

Latest update

[jasonyap]

Latest update

So damn fast... almost reach 14th floor...

[Lovelle]

there was one transaction done in dec 2010.
is there a way to check if this is the last unit ?

[tkc2263]

there was one transaction done in dec 2010.
is there a way to check if this is the last unit ?

Lovelle, there is one transaction done in Jan 2011;
a 1141 sq ft unit sold for $1.415m, $1240psf not bad...

Apparently, WB is a 100% sold out project, but based on URA's site, total transactions so far only shows 570. WB is a 616 unit development, anyone care to comment why the balance of 46 sales/transactions not lodged?

Thank you.

[Lovelle]

tink the last unit was the transaction in dec 2010.

yeah, think they didn't lodge all the caveat.


First subsale
80 Dakota Crescent #14-22
99 Yrs From 07/12/2009
$1161
1141
$1325k
12 May 10

90k profit - SSD (??)

[2824]

Can wait for the 100% sold out avertisment / sign by the developer at the construction site. But think developer not eager too update since they have limited landbank in S'pore.


there was one transaction done in dec 2010.
is there a way to check if this is the last unit ?

[jasonyap]

tink the last unit was the transaction in dec 2010.

yeah, think they didn't lodge all the caveat.


First subsale
80 Dakota Crescent #14-22
99 Yrs From 07/12/2009
$1161
1141
$1325k
12 May 10

90k profit - SSD (??)

Profit <$40K after SSD.

[tkc2263]

Profit <$40K after SSD.

Well, seller definitely having cold feet..

Well, then again the seller may have the last laugh.

[devilplate]

72 Dakota Crescent #07-08
99 Yrs From 07/12/2009
$1345
624
$840k
31 Jan 11

scanned thru....cant find caveat...perhaps haven take bank loan....original purchase price shd be around 76xk.....breakeven shd be ard 810-820k region....shd wait after april den sell rite? :confused: .......or getting panicky? :scared-3:

in any case, it helps to push up the valuation by ~10%

[Lovelle]

72 Dakota Crescent #07-08
99 Yrs From 07/12/2009
$1345
624
$840k
31 Jan 11

scanned thru....cant find caveat...perhaps haven take bank loan....original purchase price shd be around 76xk.....breakeven shd be ard 810-820k region....shd wait after april den sell rite? :confused: .......or getting panicky? :scared-3:

in any case, it helps to push up the valuation by ~10%

more like at $840k it's still a bargain to buyer, since seller willing to let go. Buyer moved in but seller shld wait a while to get more....

new buyer will hold abv that price liao..

[jasonyap]

more like at $840k it's still a bargain to buyer, since seller willing to let go. Buyer moved in but seller shld wait a while to get more....

new buyer will hold abv that price liao..

I smell fishy on this deal !!!

I would ask for $1.6k - $1.7k psf...

[hopeful]

I smell fishy on this deal !!!

I would ask for $1.6k - $1.7k psf...

you want to buy at $1.6k - 1.7k psf?
I am willing to sell to you :D

[kEN9170]

http://img15.imageshack.us/img15/849/waterbank.jpg

[jasonyap]

you want to buy at $1.6k - 1.7k psf?
I am willing to sell to you :D

I mean selling la... I own a unit there... Anyone planning to sell your unit di?

[hopeful]

I mean selling la... I own a unit there... Anyone planning to sell your unit di?

i dont any unit in Waterbank, but if you willing to buy one at 1600-1700. I am willing to pay 1500psf there so that i can sell to you at 1600-1700psf. Arbitrage and risk free transaction. :cheers1:

[tkc2263]

Re photos of progress at WaterBank by Ken9170, I am very impressed by
the construction progress, so much has been built near the entrance.

Correct me if I am wrong, Block 70 is on the right and the other block should be Block 76.

At the rate its being constructed, TOP should be in between late 2012 and 1st half 2013.

[phantom_opera]

The success of this project will depend on what is the quality of product delivered at TOP ... if middle end quality ok, if like mass market jialat already :scared-3: How is the quality of Dakota Residences? TOP already?

[devilplate]

The success of this project will depend on what is the quality of product delivered at TOP ... if middle end quality ok, if like mass market jialat already :scared-3: How is the quality of Dakota Residences? TOP already?
Have u seen southbank? Worse den some mass market quality but prices keep hitting new high after TOP.... whereas better quality like lumiere prices stay stagnant..... Location n view comes first.... Build quality become more impt later on

[amk]

The success of this project will depend on what is the quality of product delivered at TOP ...
I can attest to what devil said. look at One Amber, with all the complaints, the psf is still going up :cool:

[mcmlxxvi]

Have u seen southbank? Worse den some mass market quality but prices keep hitting new high after TOP.... whereas better quality like lumiere prices stay stagnant..... Location n view comes first.... Build quality become more impt later on
Bad finishing and workmanship, as long as not structural or serious, can change in future. Location and facing cannot...

[phantom_opera]

Location/view of Waterbank as good as Southbank and One Amber (freehold) meh?!

I have a nagging feeling 1.4kpsf near MRT will be the peak of this cycle. :p

Not much upside, also not much downside, that's why good quality may help

[devilplate]

Location/view of Waterbank as good as Southbank and One Amber (freehold) meh?!

I have a nagging feeling 1.4kpsf near MRT will be the peak of this cycle. :p

Not much upside, also not much downside, that's why good quality may help

u mean waterbank;s location = any other mass market location like simei/lakeside/bedok reservoir?

[phantom_opera]

u mean waterbank;s location = any other mass market location like simei/lakeside/bedok reservoir?

In terms of distance to town, it is probably comparable to Metropolitan/Ascentia Sky ... so Metropolitan resale could indicate the future price of Waterbank. Good luck ;)

[focus]

u mean waterbank;s location = any other mass market location like simei/lakeside/bedok reservoir?

I wouldn't mind buying the bigger units in Waterbank if it's on Firesale! :) as compared to those in simei/bedok.

[devilplate]

I wouldn't mind buying the bigger units in Waterbank if it's on Firesale! :) as compared to those in simei/bedok.

the penthses at WB quite nice

[focus]

the penthses at WB quite nice

Haha.. not that big.. 3/4 bedders ok. Penthouse I no money to afford.

[DC33_2008]

Resale price at Dakota residences will be a good estimate of Waterbank's sale price. Some of the units with private lots and overlooking the pool may have more demand.
In terms of distance to town, it is probably comparable to Metropolitan/Ascentia Sky ... so Metropolitan resale could indicate the future price of Waterbank. Good luck ;)

[bargain hunter]

UOL indicated 2Q2013 TOP in its presentation slides today. likely to be earlier?

[jasonyap]

http://img15.imageshack.us/img15/849/waterbank.jpg

I believe the other side of the building are higher than this ... Should be able to complete b4 2013...

[Lovelle]

still long way to go...

[phantom_opera]

looks very crammed :(

[kit]

Need help from all experts here of their view.
I am considering to buy either a 3 bedrooms unit at waterbank (resale) or a 2 bedrooms unit at D'leedon (from developer) for own stay and investment purpose. May I know which project have a better upside? And for own stay which one is better. My work place is at city area. Thanks for advise.

[devilplate]

Need help from all experts here of their view.
I am considering to buy either a 3 bedrooms unit at waterbank (resale) or a 2 bedrooms unit at D'leedon (from developer) for own stay and investment purpose. May I know which project have a better upside? And for own stay which one is better. My work place is at city area. Thanks for advise.

if based on workplc....waterbank better(MRT or drive is much faster)....but if u r more address conscious...go for Dleedon(but TOP shd be ard 2yrs later den WB)

however, one is 3bedder and one is 2bedder? u can sqeeuze in a 2bedder?

[kit]

if based on workplc....waterbank better(MRT or drive is much faster)....but if u r more address conscious...go for Dleedon(but TOP shd be ard 2yrs later den WB)

however, one is 3bedder and one is 2bedder? u can sqeeuze in a 2bedder?

I am not so address conscious, but more looking at the upside of both projects. 2 bedder is ok, just that I will not have a study room. Thanks

[devilplate]

I am not so address conscious, but more looking at the upside of both projects. 2 bedder is ok, just that I will not have a study room. Thanks

upside of Wb depends on the price u enter.....3bedder layout at WB is vy goodie....single loading and unblock/windy if facing landed....as for Dleedon...standard entry point for everybody

gd luck:D

[land118]

Interesting review below, and good profits for UOL as project sold out...

http://sgproptalk.blogspot.com/2010/04/waterbank-at-dakota-40-of-units-sold.html

[kit]

upside of Wb depends on the price u enter.....3bedder layout at WB is vy goodie....single loading and unblock/windy if facing landed....as for Dleedon...standard entry point for everybody

gd luck:D

Comparing both development, both also near mrt, both are 99 yrs.
How about which projects got better future development in their particular area? And also which project will have better rental demand?

[Lovelle]

:tongue3:
I am not so address conscious, but more looking at the upside of both projects. 2 bedder is ok, just that I will not have a study room. Thanks

kit,

compare wb and D'leedon facility. both are located near landed enclave so peace and quietness you can expect fr both development.

one with mrt another is not so near.


there are 2 types of 3 bedder layout in wb. you can compare both and evaluate based on ur criteria.

[devilplate]

Comparing both development, both also near mrt, both are 99 yrs.
How about which projects got better future development in their particular area? And also which project will have better rental demand?

at their current prices....both equally ok to me...

jus follow ur heart:cheers1:

[Lovelle]

at their current prices....both equally ok to me...

jus follow ur heart:cheers1:

he shld consider the DK unit at wb as well.

[maisonjai]

http://i1029.photobucket.com/albums/y358/maisonjai/a047.jpg

http://i1029.photobucket.com/albums/y358/maisonjai/a049.jpg

http://i1029.photobucket.com/albums/y358/maisonjai/a052.jpg

[devilplate]

progressing well cheers:cheers6: :spliff:

[smallant]

which one ? I like both ! (If got cash !)
If not.... waterbank for living.. (Close to reasonable priced eatings, amenties.. east coast etc...)
D Leedon... to impress people lor... for the address ... haha

[azeoprop]

The 1+ study was ideal for me...but no money at that time of launch haa haa... :(

[maisonjai]

progressing faster than i expected, as Pattern_Opera said look very cram lor. Agreed, 1+1 pretty good. Beginning to appreciate Interlace stacking :ashamed1: haha

[maisonjai]

The 1+ study was ideal for me...but no money at that time of launch haa haa... :(

sure anot, 20% no money WFI 40% u hoot. If u bought a unit there, can save me the trouble of snapping photos. :cheers6:

[Lovelle]

sure anot, 20% no money WFI 40% u hoot. If u bought a unit there, can save me the trouble of snapping photos. :cheers6:

buy that time, no SSD and lockin, now so many rules ...

[jasonyap]

2 beded (1087sqft) at $1,083,000 or $996.32 psf only...

see http://www.iproperty.com.sg/propertylisting/1197114/Waterbank_@_Dakota_Crescent-Condominium-ForSale

How true is that?

[devilplate]

2 beded (1087sqft) at $1,083,000 or $996.32 psf only...

see http://www.iproperty.com.sg/propertylisting/1197114/Waterbank_@_Dakota_Crescent-Condominium-ForSale

How true is that?

i tink 2bedder with patio facing MCSP....cud be the last unit we hf been toking about? apparently, was sold in Dec2010 oredi....i guess waterbank oredi fully sold?

84 Dakota Crescent #01-32
99 Yrs From 07/12/2009
$1028
1087
$1118k
27 May 10
70 Dakota Crescent #01-03
99 Yrs From 07/12/2009
$1124
1087
$1222k
04 Jun 10
70 Dakota Crescent #01-02
99 Yrs From 07/12/2009
$1091
1087
$1186k
08 Jun 10
84 Dakota Crescent #01-31
99 Yrs From 07/12/2009
$996
1087
$1083k
22 Dec 10

[paperplate888]

78 Dakota Crescent #12-18
99 Yrs From 07/12/2009
$1135
1141
$1295k
10 May 10

78 Dakota Crescent #12-18
99 Yrs From 07/12/2009
$1402
1141
$1600k
20 Jan 11