View Full Version : Waterbank (D14, 99 years leasehold, UOL)
Impressed.....you are indeed an on the the ball agent...
I take it that you went up to the 14th floor of the HDB block and shone the laser across...??
:cool:
yup, went up with some of my buyers before.
And confirmed that that the levels are exactly the same..
seems that the higher ceiling height does not help. :(
but the occasional whiff or stench from the canal can kill (not in a figurative sense)......
paying alot to smell longkang leh......:scared-5:
Confirmed no smell..
The longkang is filled with seawater every day to the brim... i've never seen it dry like other long kangs.
hi focus
got time to snap a couple of photos to put up ? thanks
hi focus
got time to snap a couple of photos to put up ? thanks
some pics taken updated 24/06/12
4330
4331
phantom_opera
24-06-12, 21:18
The MSCP really make the place looks congested ... but I like the dark windows
some pics taken updated 24/06/12
thanks, you are quick.
thanks, you are quick.
Lest you forget, he is an agent and brings clients on site to view the units.
Good photos indeed...
Lest you forget, he is an agent and brings clients on site to view the units.
Good photos indeed...
lol.. ya, so its easy to take photos since i go there so often. :)
lol.. ya, so its easy to take photos since i go there so often. :)
since you are on the ground. How is the sentiment ?
got potential breaking 1.7mi?
since you are on the ground. How is the sentiment ?
got potential breaking 1.7mi?
Yes.
Because I already got a cheaque of 1.68M.
very close.
Yes.
Because I already got a cheaque of 1.68M.
very close.
Great....how much do you think 3 bedder owner ssould be asking?
Yes.
Because I already got a cheaque of 1.68M.
very close.
Get some photos of the inside ? :)
The penthouse looks delicious but too rich for my picking.. is it those 4m high ceilings?
https://lh6.googleusercontent.com/-qNHXelnsowk/T-qhCAKfSLI/AAAAAAAAJDE/XX8uh4r3_V4/s512/20120619_140137.jpg
https://lh3.googleusercontent.com/-nlVPVoXrsZw/T-qhHwGNorI/AAAAAAAAJDM/RuUnSsnN4uI/s640/20120619_140243.jpg
Get some photos of the inside ? :)
The penthouse looks delicious but too rich for my picking.. is it those 4m high ceilings?
https://lh6.googleusercontent.com/-qNHXelnsowk/T-qhCAKfSLI/AAAAAAAAJDE/XX8uh4r3_V4/s512/20120619_140137.jpg
https://lh3.googleusercontent.com/-nlVPVoXrsZw/T-qhHwGNorI/AAAAAAAAJDM/RuUnSsnN4uI/s640/20120619_140243.jpg
Awesome pics, thanks bro!
Great....how much do you think 3 bedder owner ssould be asking?
On average, buyers are giving offers of 1.6M - 1.65
So I would say that would be a price that owners can look out for.
But of course, for units above 15 with dual views, the owners all asking for $1500 psf.
I got units that are on the high floor (above 15) facin the river but no dual views but can close at $1.6M @ 13XXpsf. But some buyers prefer stack 11/15/18 due to the dual views it can get (one of the selling points)
Base on these, why dont you tell me what a 3 bedder should be looking for?
Awesome pics, thanks bro!
Night city view is nice.. but I can't seem to capture good night shots ..
I'm real lousy with photo taking..
Focus-San .. Nice photos ... :-)
I back to this area to hunt ...
[quote=KTKW]
"....But some buyers prefer stack 11/15/18 due to the dual views it can get (one of the selling points)"
If I am a buyer now, I would consider buying stacks 12, 17 and 20.
From what I can see from the plan, these mentioned stacks "protrude" out and I am inclined to believe from where you stand at those balconies, you may have a glimpse of MBS and city view, on top of the dual views.
Am I right to say that, KTKW?:cheers1:
[quote=KTKW]
"....But some buyers prefer stack 11/15/18 due to the dual views it can get (one of the selling points)"
If I am a buyer now, I would consider buying stacks 12, 17 and 20.
From what I can see from the plan, these mentioned stacks "protrude" out and I am inclined to believe from where you stand at those balconies, you may have a glimpse of MBS and city view, on top of the dual views.
Am I right to say that, KTKW?:cheers1:
Yes you are right, sort of, but 17/20 are 4 bedrooms
and no one wants to sell stack 12 in my knowledge.. :(
Even the 4 bedrooms i cannot find a seller above #15 for my buyer.
Anyway, what i actually meant was the feel when you are sitting in your living room/dining room.
Imagine watching TV.. you turn your head to the right, unblock. Turn your head to the left, unblock... and you get a "single loading" sort of feel. And wind flows in from the dining room window right out the balcony.. gonna be very windy as well..
[quote=KTKW][quote=tkc2263]
Yes you are right, sort of, but 17/20 are 4 bedrooms
and no one wants to sell stack 12 in my knowledge.. :(
Do you want to know why stack 12 is the best stack?
Do you also want to know why there are no sellers for stack 12?
Let me fill you in.
Please go to pg 16 and post #155 by noblebaby of this thread and you know why.
[quote=KTKW][quote=tkc2263]
Yes you are right, sort of, but 17/20 are 4 bedrooms
and no one wants to sell stack 12 in my knowledge.. :(
Do you want to know why stack 12 is the best stack?
Do you also want to know why there are no sellers for stack 12?
Let me fill you in.
Please go to pg 16 and post #155 by noblebaby of this thread and you know why.
Lol, thanks for the info.
[quote=tkc2263][quote=KTKW]
Lol, thanks for the info.
I contribute whenever I can and I have learnt a great deal
from contributors from this thread and this forum as well.
:cool: :cheers4: :cheers1: :D :) :spliff: :not-worthy: :rocking-the-decks: :santana:
Seems price holding on very strong for this..
My call wrong .. Congrats to those 616 units holders !
Huat ah ..
Seems price holding on very strong for this..
My call wrong .. Congrats to those 616 units holders !
Huat ah ..
What was your call back then? Care to refresh...
Prices are indeed holding well, agents have been contacting me to sell...
DR's rental yield quite solid...
phantom_opera
27-07-12, 14:20
THE WATERINA LORONG 40 GEYLANG Apartment 1 875,000 667 Strata 1,311psf Jul-12
THE WATERINA LORONG 40 GEYLANG Apartment 1 875,000 667 Strata 1,311psf Jul-12
amazing...perhaps with renovation?
phantom_opera
27-07-12, 16:33
amazing...perhaps with renovation?
another one
635 sqft #05-XX
2002-06-03 685psf
2012-05-23 1,307psf
profit $394,970
about 6.5% pa, if rented out at 4% pa, total return 10.5% pa
another one
635 sqft #05-XX
2002-06-03 685psf
2012-05-23 1,307psf
profit $394,970
about 6.5% pa, if rented out at 4% pa, total return 10.5% pa
all i can say is... :money-faced1::money-faced1::money-faced1::im-so-happy:
My neighbour's 4 bedroom at DR beside ours have been on the market for rental for the past 1.5mths. There is still no takers.
another one
635 sqft #05-XX
2002-06-03 685psf
2012-05-23 1,307psf
profit $394,970
about 6.5% pa, if rented out at 4% pa, total return 10.5% pa
wow.. thanks for the info.. something that i would like to check out.. :)
phantom_opera
03-08-12, 17:23
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 936,000 624 Strata 1,499psf Jul-12
New record psf for Waterbank, Congrats ... where is DP hah?
Those .....bank projects by UOL are doing well.:)
little_snow
15-08-12, 11:18
Hi,
Given that the carpark lot is less than 616, does that mean residents have to ballot for the carpark?
Thanks.
Hi,
Given that the carpark lot is less than 616, does that mean residents have to ballot for the carpark?
Thanks.
Yes, the developer reckons that a fair number of units will be tenanted
out, so unlikely all tenants will drive.
I would think that developers would take this risk only if the MRT is within walking distance to their projects, like in WB.
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 936,000 624 Strata 1,499psf Jul-12
New record psf for Waterbank, Congrats ... where is DP hah?
Bro, there is an even newer, higher transaction for waterbank 624 sqft coming up.. i know because option recieved on 6 days ago.. stay tuned!
Bro, there is an even newer, higher transaction for waterbank 624 sqft coming up.. i know because option recieved on 6 days ago.. stay tuned!
Higher than $1570psf?
Steamy prices .. Wonder what asking rent like ?
This 625sf ... I saw the layout, seems ok. But wonder actual size, can it be use as 2 room ???
phantom_opera
23-08-12, 09:07
If > 1500psf then almost same price as Sky Habitat 635sqft liao .... might as well buy SH or D Leedon
If > 1500psf then almost same price as Sky Habitat 635sqft liao .... might as well buy SH or D Leedon
Sold my at 1570 leh.
Like that consider gd Bo?
phantom_opera
23-08-12, 09:27
Sold my at 1570 leh.
Like that consider gd Bo?
good .. very good ... what is next :p
good .. very good ... what is next :p
Exist property market and see where to park the money.
.... :D
Lobo lobo for the time being...
congrats and thanks for pushing up the price for fellow wb owner.
Wow :scared-1: @@ Envy :money-faced1:
Sold my at 1570 leh.
Like that consider gd Bo?
Wow.. $1570 psf !!!! Buyer pay cash ? Not in caveat ...
congrats and thanks for pushing up the price for fellow wb owner.
SURE!
Another 2 transaction this month... WB is getting hot!
SURE!
Another 2 transaction this month... WB is getting hot!
What are the psf ?
congrats and thanks for pushing up the price for fellow wb owner.
My agent's credit la.
Else, I m still keeping.
He asked how much I would let go, I set a figure and he met it.
So, I let go.
From the time he asked me till I got the cheque, all within a week.
I have to say he one of the better ones I have had so far.
SURE!
Another 2 transaction this month... WB is getting hot!
U r my agent?
Surname?
U r my agent?
Surname?
From a company that does mainly project launches. :)
From a company that does mainly project launches. :)
Okay, good luck to all your projects!
:)
My agent's credit la.
Else, I m still keeping.
He asked how much I would let go, I set a figure and he met it.
So, I let go.
From the time he asked me till I got the cheque, all within a week.
I have to say he one of the better ones I have had so far.
Hi, can pm me your agent number ? I got a 624 unit for sale !!!
Sportshub structure is forming. WB becomes hotter.
Okay, good luck to all your projects!
:)
yeah, can pm ur agent contact ? hahaha
All PMs replied.
Good luck guys!
Watch out for more record breaking in psf soon!! :eek:
Watch out for more record breaking in psf soon!! :eek:
Are you speculating on future prices or you are aware of actual transactions?:confused:
It had always been a norm for properties prices inching upward every month :millie:
Are you speculating on future prices or you are aware of actual transactions?:confused:
Are you speculating on future prices or you are aware of actual transactions?:confused:
Both....:D
good for all wb owners....
It had always been a norm for properties prices inching upward every month :millie:
"Always been a norm" ......??
Try during bear years.....
Congratulations WB owners !!!!
Any Agt can advise wat the estimate rent like & yield leh ?
I miss this boat .. But will wait lor..
Congratulations WB owners !!!!
Any Agt can advise wat the estimate rent like & yield leh ?
I miss this boat .. But will wait lor..
i think u din miss the boat. sure can find a unit within ur budget if u are not picky ...just ask agent.
i think u din miss the boat. sure can find a unit within ur budget if u are not picky ...just ask agent.
Do not say miss the boat lah.. i think these things no body know one..
even my owners in optima (another sold out project) did not make that much..
little_snow
11-09-12, 16:47
Wonder when will WB TOP, given that 8@W and Optima have already TOP......
Wonder when will WB TOP, given that 8@W and Optima have already TOP......
I believe it would be sometime Q12013 ... 3yr from launch
Wonder when will WB TOP, given that 8@W and Optima have already TOP......
Just called UOL, they expecting TOP on March or April ... :cheers5:
Just called UOL, they expecting TOP on March or April ... :cheers5:
The latest issue of The Edge, Singapore has an article on Dakota Crescent.
It highlighted both Dakota Residences and WaterBank and the price movements since launch and present.
In it, it was reported tha TOP for WB would be end 2012.
But since a forumer checked with UOL, then his words will be more reliable then.
little_snow
11-09-12, 18:10
Ya, was hoping it would be end 2012.....
Guess will then have to wait till 2013
The latest issue of The Edge, Singapore has an article on Dakota Crescent.
It highlighted both Dakota Residences and WaterBank and the price movements since launch and present.
In it, it was reported tha TOP for WB would be end 2012.
But since a forumer checked with UOL, then his words will be more reliable then.
The word that I got from developer would be first quarter 2013.
The contractors mentioned that UOL is pushing for End 2012.
Lets see if it happens. :)
phantom_opera
21-09-12, 23:21
2012-09-06 #06-XX 484 1,507 2010-05-06 1,237 $130,680 854 8.8
dun know whether seller remorse or not ... eCO now selling 1300-400psf
Is there a common basis to compare between location and design? One has noise from train and away from CBD.
I would nv forget the scene at the showflat in Apr 2010 .... Buyers were snapping the units up as if they were FOC.. And agents were seen running around with cheques ... Din even have chance to see to carefully select the units
I would nv forget the scene at the showflat in Apr 2010 .... Buyers were snapping the units up as if they were FOC.. And agents were seen running around with cheques ... Din even have chance to see to carefully select the units
It was sold out within a week right? I also never had a chance to go in
It was sold out within a week right? I also never had a chance to go in
Ya... i was at Kallang Airport market to tabao char kway teow, then this Ah Lao was chasing my car from behind, flagging me down and asking me to go to the showflat saying there was a soft launch then.
Threw in my 1st cheque to bid for a unit, and was told 5min later that all units in the stack taken up. Shortly later, agent rushed over and told me a 2nd stack was just released, ask me to quickly threw in my second cheque... got my unit without even knowing the facing/floor etc. LOL
Dakota is a special case cause many units are owned by bankers, including the Wee relatives. So i predict it is D14 with AAA grade. Expect it to hit S$1800 any moment now.
Waterbank is another special case because it is near to the future sports hub. so it should hit S$2000 when the sports hub is near completion.
the area you saw is not D14, it is known by us as D14-AAA. good luck.
blackjacktrader say one
bakasa2002
22-09-12, 20:55
Dakota is a special case cause many units are owned by bankers, including the Wee relatives. So i predict it is D14 with AAA grade. Expect it to hit S$1800 any moment now.
Waterbank is another special case because it is near to the future sports hub. so it should hit S$2000 when the sports hub is near completion.
the area you saw is not D14, it is known by us as D14-AAA. good luck.
blackjacktrader say one
You sure it's not D24 or Mao Shan Wang? :D
Lovelle, u not considering buying 1bd here instead of Eco?
Lovelle, u not considering buying 1bd here instead of Eco?
5xxk can consider but they say 7xxk...
Dakota is a special case cause many units are owned by bankers, including the Wee relatives. So i predict it is D14 with AAA grade. Expect it to hit S$1800 any moment now.
Waterbank is another special case because it is near to the future sports hub. so it should hit S$2000 when the sports hub is near completion.
the area you saw is not D14, it is known by us as D14-AAA. good luck.
blackjacktrader say one
How did you know a lot of bankers bought this project?
See eco phase 1 sold out thread
Gambir also selling very well too during preview.
See eco phase 1 sold out thread
angmo zhe char cook also have many properties. See STimes
phantom_opera
25-09-12, 14:36
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 740,000 484 Strata 1,528 Sep-12
phantom_opera
25-09-12, 15:01
2012-09-12 #14-XX 484 1,528psf 2010-05-10 1,276 $121,968 856 8
new record psf
bakasa2002
25-09-12, 15:12
2012-09-12 #14-XX 484 1,528psf 2010-05-10 1,276 $121,968 856 8
new record psf
About the same as Optima? I will grab this man! :)
phantom_opera
09-10-12, 15:43
looks like developers psf was pretty high, not much margin left
2012-09-14 #07-XX 484 1,468 2010-05-12 1,292psf 85,184 856 5.6%
2012-09-12 #14-XX 484 1,528 2010-05-10 1,276psf 121,968 856 8%
the 7th floor MM, only make like 50k after cost
let's why Kovan Grandeur is a rare project where return is so bloody high!!!
Dear Owner,
I'm Perlin from Floor Xpert Pte Ltd, on behalf of Floor Xpert.
I am glad to share our services to you here.
Floor Xpert is specialise in doing outdoor decking , laminate flooring & baywindows. We have whole range of products for your selection.
Do refer to the attach pictures for more information. Or visit us at www.floorxpert.com
We have done project for Mi Casa, Caspian, Liva, Woodleigh , Optima, Trizon, Viva & etcs
Feel Free to Contact me at 9182 7628 for more information.
We look forward to your support. Thank you!
Regards
Perlin
Email :
[email protected]
FB : http://www.facebook.com/FloorXpert
Dear Owner,
I'm Perlin from Floor Xpert Pte Ltd, on behalf of Floor Xpert.
I am glad to share our services to you here.
Floor Xpert is specialise in doing outdoor decking , laminate flooring & baywindows. We have whole range of products for your selection.
Do refer to the attach pictures for more information. Or visit us at www.floorxpert.com (http://www.floorxpert.com)
We have done project for Mi Casa, Caspian, Liva, Woodleigh , Optima, Trizon, Viva & etcs
Feel Free to Contact me at 9182 7628 for more information.
We look forward to your support. Thank you!
Regards
Perlin
Email :
[email protected]
FB : http://www.facebook.com/FloorXpert
You can take away the bay window brochure. This project has no bay window...
You can take away the bay window brochure. This project has no bay window...
Okay sure, thank you for the information...
Looking forward for your support :)
Cheers
Perlin
Seems that developer is moving away from bay window. Does it affect your business?
Okay sure, thank you for the information...
Looking forward for your support :)
Cheers
Perlin
Seems that developer is moving away from bay window. Does it affect your business?
Hi, definately having bays window is an additional bonus to us.
Just to tap on your expertise. What do you think of iron wood compared to chengal for timber decking?
Hi, definately having bays window is an additional bonus to us.
a 3 bedder done at 1.7mil in Sept.
zhukemotor
26-10-12, 11:03
who has a exact size plan for 2 bedder unit?
Rumored 1 mil dollar hit for 625 sf unit ? Can anyone confirmed ? :-)
Watch out for more record breaking in psf soon!! :eek:
Already warning you bro/sis on 27th Aug 2012.. that more record breaking price coming soon..:scared-1:
Rumored 1 mil dollar hit for 625 sf unit ? Can anyone confirmed ? :-)
Can't confirm, but have been receiving calls from agents that certain buyer willing to match 1mil .........
Why cant?
Already transacted 985k last month riaox.
WATERBANK AT DAKOTA 72 Dakota Crescent #18-08 1 58 Strata 985,000 16983 1578 10-OCT-2012 Condominium 99 Yrs From 07/12/2009 Uncompleted Sub Sale Private 14 39 399942 Central Region Geylan
Can't confirm, but have been receiving calls from agents that certain buyer willing to match 1mil .........
Contract date.. lucky number.. must be chinese..
2012-10-10 #18-08 624sqft 1,578 985,000
Dakota Residences also inching up.. Big unit ..
2012-10-16 #16-10 1,830sqft 1,448 2,650,000
Why cant?
Already transacted 985k last month riaox.
WATERBANK AT DAKOTA 72 Dakota Crescent #18-08 1 58 Strata 985,000 16983 1578 10-OCT-2012 Condominium 99 Yrs From 07/12/2009 Uncompleted Sub Sale Private 14 39 399942 Central Region Geylan
I have no intention to sell, so last time whenever agents called and pester me to sell, I would brush them off by saying no 1mil no sell... Until recently they say buyer able to match. Then when i say i am keeping for rental, they would respond that they wanna help market my unit. Next I shld say keep for own stay.
I have no intention to sell, so last time whenever agents called and pester me to sell, I would brush them off by saying no 1mil no sell... Until recently they say buyer able to match. Then when i say i am keeping for rental, they would respond that they wanna help market my unit. Next I shld say keep for own stay.
How much u think can rent? If the estimated yield based on your rental target is around 3% think can let go and take profits haha. But smallish 2rm is a gd keep for passive income :)
How much u think can rent? If the estimated yield based on your rental target is around 3% think can let go and take profits haha. But smallish 2rm is a gd keep for passive income :)
I est around 3.5k and that would be at least 4% rental yield. I love the location so don't think I will let go, unless there is another project which I like better. May keep it as a weekend home for friends and family gatherings if rental is really bad. Will be a perfect place for my mum to hold her regular class gatherings since the location is pretty central and the aunties could commute easily by MRT
I est around 3.5k and that would be at least 4% rental yield. I love the location so don't think I will let go, unless there is another project which I like better. May keep it as a weekend home for friends and family gatherings if rental is really bad. Will be a perfect place for my mum to hold her regular class gatherings since the location is pretty central and the aunties could commute easily by MRT
sounds reasonable. In that case it probably has potential to up a couple more 100ks to let go
sounds reasonable. In that case it probably has potential to up a couple more 100ks to let go
Yes TOP shld be around apr/may 2013, developers has yet to ask for the 55-60% payment.. So anything can happen to the market during the next 5 to 6 mths. Am prep for worst case scenario too
Dakota Residences also inching up.. Big unit ..
2012-10-16 #16-10 1,830sqft 1,448 psf 2,650,000
Wow!! Even big unit sold at $1,448 psf :eek:
zhukemotor
10-11-12, 13:09
just wondering is there a facebook page for all the waterbank owners? thanks
I have just sold off my 1141 sqft unit at $1.7m.
Local or foreign buyer?
I have just sold off my 1141 sqft unit at $1.7m.
Has offer for the elder sister of waterbank too recently. It is also foreigner.
I have just sold off my 1141 sqft unit at $1.7m.
will it be too early to let go ?
will it be too early to let go ?
Only time will tell ...
From ERA ads...
27 Oct 624sqft $1,000,000 $1,603psf
21 Oct 624sqft $980,000 $1,571psf
10 Oct 624sqft $985,000 $1,578psf
Mabbe its really time to sell ....
sell liao buy wat my dear?
Sister bank of 614sqft reaches $1900psf. Huat Ah!All banks!
From ERA ads...
27 Oct 624sqft $1,000,000 $1,603psf
21 Oct 624sqft $980,000 $1,571psf
10 Oct 624sqft $985,000 $1,578psf
Mabbe its really time to sell ....
why no proj call riverbank?
sell liao buy wat my dear?
Haha sell liao then can save on the remaining 400K .... now only 55%.
East Lover
15-11-12, 16:15
Haha sell liao then can save on the remaining 400K .... now only 55%.
my bro, congrates, you reload your bullet for next great shoot :p
btw geylang $650K MM vs waterbank $800K MM, which one better? or none of them worthy to consider? :D :D
http://forums.condosingapore.com/showthread.php?t=15253
http://www.propertyguru.com.sg/listing/9067678/for-sale-waterbank-at-dakota
my bro, congrates, you reload your bullet for next great shoot :p
btw geylang $650K MM vs waterbank $800K MM, which one better? or none of them worthy to consider? :D :D
http://forums.condosingapore.com/showthread.php?t=15253
http://www.propertyguru.com.sg/listing/9067678/for-sale-waterbank-at-dakota
Thanks sis.
Very hard for me to comment leh ... I will choose WB of course but considering the fact that i bought at 12xx psf last time, its hard for me to swallow a 15xx psf now. LH or FH doesnt really matter in my opinion. FH on a small plot of land doesnt necc mean it will fetch higher rental or capital gain eventually.
But wait.. u really property shopping spree ah? dont be so hiong la, managing 3 rentals at the same time can be v shiong, esp if u r the meticulous and non-bochap type.
why siong to manage....just let agent handle
East Lover
15-11-12, 19:13
Thanks sis.
Very hard for me to comment leh ... I will choose WB of course but considering the fact that i bought at 12xx psf last time, its hard for me to swallow a 15xx psf now. LH or FH doesnt really matter in my opinion. FH on a small plot of land doesnt necc mean it will fetch higher rental or capital gain eventually.
But wait.. u really property shopping spree ah? dont be so hiong la, managing 3 rentals at the same time can be v shiong, esp if u r the meticulous and non-bochap type.
No lah no lah, window shopping only lah :ashamed1: but if want to retire comfortable, at least need 3 rental bah. :scared-5:
Watch out for more record breaking in psf soon!!:eek:
Are you speculating on future prices or you are aware of actual transactions?:confused:
Hi tkc2263,
I have made the comment on 27th Aug 2012 that more record breaking in psf soon for this project (in fact many other projects around the island too).. now you see.. is true lor!
I'm just using my third eye & third leg to see the future prices.. not speculating on future prices.. :D
http://i45.tinypic.com/2lk4chw.jpg
http://i50.tinypic.com/155gx6v.jpg
Hi tkc2263,
I have made the comment on 27th Aug 2012 that more record breaking in psf soon for this project (in fact many other projects around the island too).. now you see.. is true lor!
I'm just using my third eye & third leg to see the future prices.. not speculating on future prices.. :D
I sold mine in early Sept for a 25% gain and bought a FH walk-up apt 2 days alter..
I was thinking for WB to move up higher is possible, but then again the walk-up apt should it go en bloc (hopefully not within the next 4 yrs) wld definitely give me more bang for the buck. I was really eyeing the walk-up apt for many years already, so even if it doesnt EB, I wldnt hv minded . So when an agent came in with a buyer at my target price, I sold and I bought. Dont get me wrong, WB's location is really good.
For me, luck and timing play a part. IF the walk-up unit wasnt available, I may hv 2nd thoughts abt selling. 2 weeks after these transactions, the latest CM set in. I cldnt afford to fork up that much cash upfront too.
In the end, I paid an extra $200k for an additional 330 sq ft and also changed from LH to FH (albeit an older development).
My :2cents: worth..
I sold mine in early Sept for a 25% gain and bought a FH walk-up apt 2 days alter..
I was thinking for WB to move up higher is possible, but then again the walk-up apt should it go en bloc (hopefully not within the next 4 yrs) wld definitely give me more bang for the buck. I was really eyeing the walk-up apt for many years already, so even if it doesnt EB, I wldnt hv minded . So when an agent came in with a buyer at my target price, I sold and I bought. Dont get me wrong, WB's location is really good.
For me, luck and timing play a part. IF the walk-up unit wasnt available, I may hv 2nd thoughts abt selling. 2 weeks after these transactions, the latest CM set in. I cldnt afford to fork up that much cash upfront too.
In the end, I paid an extra $200k for an additional 330 sq ft and also changed from LH to FH (albeit an older development).
My :2cents: worth..
Nevertheless, at least you have made some profit from WB & finally bought your walk-up apt which you've been eyeing for many year.. Good luck & let's hope everyone HUAT together!! :cheers4:
zhukemotor
16-11-12, 23:28
http://i50.tinypic.com/155gx6v.jpg
wow. really nice picture. So next year March can TOP ya?
wow. really nice picture. So next year March can TOP ya?
I am guessing it should be around end March... The clubhouse is still pretty much in a raw state... Far from complete
The_Way_I_See_It
17-11-12, 10:06
I sold mine in early Sept for a 25% gain and bought a FH walk-up apt 2 days alter..
I was thinking for WB to move up higher is possible, but then again the walk-up apt should it go en bloc (hopefully not within the next 4 yrs) wld definitely give me more bang for the buck. I was really eyeing the walk-up apt for many years already, so even if it doesnt EB, I wldnt hv minded . So when an agent came in with a buyer at my target price, I sold and I bought. Dont get me wrong, WB's location is really good.
For me, luck and timing play a part. IF the walk-up unit wasnt available, I may hv 2nd thoughts abt selling. 2 weeks after these transactions, the latest CM set in. I cldnt afford to fork up that much cash upfront too.
In the end, I paid an extra $200k for an additional 330 sq ft and also changed from LH to FH (albeit an older development).
My :2cents: worth..
Bro, wise choice and good calculation and a good hit-run indeed (for the 25% rise) !. I bet your FH possible enbloc must be in a good possible location. $200K extra for that 330 sq feet may mean more $$$ when enbloc in future as it is FH.
http://i46.tinypic.com/29njpj7.jpg
Your club area features forming.
The facade looks quite classy. :spliff:
I sold mine in early Sept for a 25% gain and bought a FH walk-up apt 2 days alter..
I was thinking for WB to move up higher is possible, but then again the walk-up apt should it go en bloc (hopefully not within the next 4 yrs) wld definitely give me more bang for the buck. I was really eyeing the walk-up apt for many years already, so even if it doesnt EB, I wldnt hv minded . So when an agent came in with a buyer at my target price, I sold and I bought. Dont get me wrong, WB's location is really good.
For me, luck and timing play a part. IF the walk-up unit wasnt available, I may hv 2nd thoughts abt selling. 2 weeks after these transactions, the latest CM set in. I cldnt afford to fork up that much cash upfront too.
In the end, I paid an extra $200k for an additional 330 sq ft and also changed from LH to FH (albeit an older development).
My :2cents: worth..
Bro mind sharing some details? Which FH and what WB stack did you own previously?:)
Congratz..
http://i46.tinypic.com/29njpj7.jpg
Your club area features forming.
http://farm2.static.flickr.com/1316/5110428097_ec43e3de95.jpg
http://farm2.static.flickr.com/1316/5110428097_ec43e3de95.jpg
LOL! :D :D :D
Bro mind sharing some details? Which FH and what WB stack did you own previously?:)
Congratz..
I reveal partial...
Its stack 11, but strangely caveat not lodged yet by buyer...as far as I know from what my agent told me, buyer is a 30+ Singaporean couple.
Re FH walkup apt, lets say its WB postal district plus 1. :cheers4:
good stack.. should be sold above 1.7m
good stack.. should be sold above 1.7m
At that time, the sold price was the 2nd highest psf done for the same unit size. I understand 1.7m was done, psf may differ though.
I could hv waited, but then I wld hv missed my buying of the walk up apt.
phantom_opera
20-11-12, 13:51
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 760,000 484 Strata 1,569 Nov-12
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 1,000,000 624 Strata 1,602 Nov-12
1602psf ... is that a new high? 1+S going for 1 million
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 760,000 484 Strata 1,569 Nov-12
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 1,000,000 624 Strata 1,602 Nov-12
1602psf ... is that a new high? 1+S going for 1 million
WATERBANK AT DAKOTA 84 Dakota Crescent #05-30 1 45 Strata 760,000 16889 1569 09-NOV-2012 Condominium 99 Yrs From 07/12/2009 Uncompleted Sub Sale Private 14 39 399948 Central Region Geylang
WATERBANK AT DAKOTA 72 Dakota Crescent #08-08 1 58 Strata 1,000,000 17241 1602 08-NOV-2012 Condominium 99 Yrs From 07/12/2009 Uncompleted Sub Sale HDB 14 39 399942 Central Region Geylang
zhukemotor
20-11-12, 20:10
why so few two bedder sold?
The main entrance, has yet to take on any shape
http://i47.tinypic.com/3500ym1.jpg
MSCP and cabana houses
http://i46.tinypic.com/2ah8o46.jpg
for ground floor lovers like radhabro
http://i48.tinypic.com/1febl5.jpg
phantom_opera
25-11-12, 14:49
No offence ...The MSCP macam HDB car park :doh: ... can't they do something like Double Bay Residences i.e. make it green??
I would expect UOL to have higher standard than this
No offence ...The MSCP macam HDB car park :doh: ... can't they do something like Double Bay Residences i.e. make it green??
I would expect UOL to have higher standard than this
Definitely will be green after TOP.
Landscaping usually done then.
Wah lau eh...the carpark is indeed an eye sore.
Dakota Residences' car park is basement type, and this is so much a HDB type of carpark as mentioned by someone earlier.
Hopefully they can do a "green revolution" on it..
zhukemotor
27-11-12, 19:54
i found that they actually have 6 stories of car park. the first storey is below lv 1..
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 1,000,000 624 Strata 1,602 Nov-12
:scared-1: :scared-1:
WATERBANK AT DAKOTA DAKOTA CRESCENT Condominium 1 1,000,000 624 Strata 1,602 Nov-12
:scared-1: :scared-1:
is this a 1 bedder!?
:hell-hath-no-fury:
is this a 1 bedder!?
It's a 1+1 ... But the study is big enough to consider it as a 2br in today's context.
624sf and 635sf layouts have a small difference in the balcony size
http://waterbankk.org/wp-content/uploads/Waterbank-635sqft.jpg
:hell-hath-no-fury:
It's a 1+1 ... But the study is big enough to consider it as a 2br in today's context.
624sf and 635sf layouts have a small difference in the balcony size
http://waterbankk.org/wp-content/uploads/Waterbank-635sqft.jpg
i think 1 bedders at 1m will be a norm soon in this area
i think 1 bedders at 1m will be a norm soon in this area
Nearby at D15 The Seaview (FH) is already asking for 1.2M for a 5xx sf 1br.
this make Eco looks cheap for it's SOHO 613sqft at $820k.
WB similar now $1mil ...
:hell-hath-no-fury:
It's a 1+1 ... But the study is big enough to consider it as a 2br in today's context.
624sf and 635sf layouts have a small difference in the balcony size
http://waterbankk.org/wp-content/uploads/Waterbank-635sqft.jpg
There is no stowage area in the entire unit at all...
I find having a stowage area is essential for everyone imo..
lorraine2408
05-12-12, 14:39
According to UOL's presentation slides to investors in Nov 12, Waterbank @Dakota is 87% completed as of 30 Sep 2012 and Est TOP is still 2Q2013.
zhukemotor
05-12-12, 17:19
This update is for 30/09/2012. the next presentation should be Feb Next year. Based on this speed. it should be completed by then. only 13%
There is no stowage area in the entire unit at all...
I find having a stowage area is essential for everyone imo..
You mean like this?
677 sqft
1 + 1
Study room is 2.9m x 1.9m
Stowage size 1.5m x 1.6m
http://db.tt/Ufgcp2OP
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think this belong to a forummer here
http://i49.tinypic.com/dpvjip.jpg
http://i46.tinypic.com/2n1cow7.jpg
http://i45.tinypic.com/5vvolt.jpg
East Lover
28-12-12, 21:36
Really nice! I saw it on the day I went to visit chung cheng main :p we almost lost in the deep of landed house while finding the main gate, suddenly i saw a group of elegant tall buildings which are as same as ur photos u posted before. I told hubby: 这就是传说中的waterbank! :D :D
Bro, congrats for ur super good buy! :cheers4:
http://i49.tinypic.com/dpvjip.jpg
http://i46.tinypic.com/2n1cow7.jpg
http://i45.tinypic.com/5vvolt.jpg
Really nice! I saw it on the day I went to visit chung cheng main :p we almost lost in the deep of landed house while finding the main gate, suddenly i saw a group of elegant tall buildings which are as same as ur photos u posted before. I told hubby: 这就是传说中的waterbank! :D :D
Bro, congrats for ur super good buy! :cheers4:
东方不败姐， 谢谢啊！
front with the huge chunky multi storey carpark - not so nice though..
Another UOL project which allows buyers to make $.
东方不败姐， 谢谢啊！
zeamy, which layout you bought ?
zeamy, which layout you bought ?
Lovelle, I have a 1+1 and share a 3br with family members
Expected rental yield about 4%?
Lovelle, I have a 1+1 and share a 3br with family members
Expected rental yield about 4%?
Mine is mid floor so quantum not v high, so expecting 5% yield. But shld be keeping it for weekend home for at least the first yr or so.
Good to keep it for future development in the kallang basin area with 24 hour entertainment, water related activities, more shoppings, etc. . Land bid price there will be high. Does your unit has sportshub's view?
Mine is mid floor so quantum not v high, so expecting 5% yield. But shld be keeping it for weekend home for at least the first yr or so.
Good to keep it for future development in the kallang basin area with 24 hour entertainment, water related activities, more shoppings, etc. . Land bid price there will be high. Does your unit has sportshub's view?
Mine is southwest facing the river, so I guess could see the sports hub ... I went Dakota residences before even their 2nd floor could see MBS ....
Yeah I m thinking of keeping it first for small family gathering and such, while testing the rental market for my small unit. Once sports hub up I think will see another surge in value
Enjoy the fireworks at sportshub. Have a unit at the elder sister's project (southbank) on the high floor overlooking the sportshub and bay area. Also looking for the day to come and development at kallang basin.
Mine is southwest facing the river, so I guess could see the sports hub ... I went Dakota residences before even their 2nd floor could see MBS ....
Yeah I m thinking of keeping it first for small family gathering and such, while testing the rental market for my small unit. Once sports hub up I think will see another surge in value
Lovelle, I have a 1+1 and share a 3br with family members
wow two units.. congrats
wow two units.. congrats
Thanks but no la, the other one is shared by sis and mum...
East Lover
30-12-12, 15:46
Lovelle, I have a 1+1 and share a 3br with family members
Wow my bro, u are my hero! :cheers4:
Squall8888
02-01-13, 10:07
Hello everyone, I have a studio at WB but I am a pretty newbie in rental. Just wondering, should I sell or rent? If I rent, how much can it fetch? I checked through ura website and saw that even caspian studio facing mrt tracks can rent out at 3.5k but average around 3k+. Even optima is renting out at 3.2k on average and double bay is also > 3k. Caspian is 463 sq ft and optima is 484 if I am not wrong. Even alexis 300+ sq ft can rent out > 3k. So WB being a bigger studio and city fringe unit, can I expect something like citylights rental of > 3.5k conservatively?
In fact, Icon and citylights rental are not much difference and I find it strange.
I can't decide because agents have been calling me and one offer me a big cheque. Mine is stack 1 high floor (> 15) and stack 1 is the only unblocked studio stack in WB. That is the reason why I buy stack 1 of course. I was offered 820k but I rejected but the agent ask me to consider because it is a good price and profit because I am first buyer. Can any experienced people here give me the pros and cons? My friend (a property agent) ask me to hold after TOP because people can see the high floor view of kallang basin and should get > 900k since prices will move up after TOP. I am in a dilemma now of selling at 820k or wait till 900k or rent out long term.
Thanks everyone in advance.
Squall, renzokuken...!
You should PM zeamybro since he is Lease X plus vested in WB. He will be the best consultant to you.
As for the 2nd part of your query, dilemma indeed. The agent is correct. You should wait until AFTER getting keys to show your potential buyer the view. PROVIDED you are confident of the finishing and quality of the project. It can be a double edged sword. I suggest you sneak in (wear a protective helmet please) to check out this aspect. But please don't quote me if anything happens to you.
Competition wise, you should be fairly advantaged since you say you are on high floor plus the only good studio stack.
Also, unless you have another unit (replacement) in mind, cashing it out without knowing what next to do with the money is also not recommended.
From what i observed from the recent TOP projects, both prices and rental went up by another 10-15% 6-12months after TOP.
Only consider to sell 1year after TOP. My 2 cents.
I also find it strange that ocr studio is commanding slightly lesser rental than rcr and ccr ones. Difference of only $300-500
mcmlxvvi - thanks ah ....
Actually I am also in a dilemma, to sell or to keep, cos the agents are indeed very fierce and pro-active in finding sellers with BIG BIG cheques. But i guess most owners are unmoved (greed lor ... later crash then all chui xin gan). And also the fact that if sell liao money and buy new one will be subjected to SSD and ABSD (Wb owners not affected in 2010).
For newly TOP projects, it may take a longer time to find tenants. Imagine a single project has close to 100 units of 1BR and 100 units of 1+1, where to find a contingent of 200 ready tenants to fill the units? One way to get your tenant fast is to try asking for your keys earlier than your competitors (subject to developer's approval but i managed to do it once before for another project), or you ask for a lower rental.
I will be keeping it for about one year as what Rosy has advised. Need to test water the market first. But most units would have river /landed housing view, including all the 1+1, so those facing the main roads ones may not appeal as much after TOP when potential buyers get to see the actual product and compare.
A general observation, it is hard to knw if high flr do sell at higher price then lower flr. Just tk a look at echelon. All the leftovers are high flr at 9xxk. Maybe gurus can comment here
A general observation, it is hard to knw if high flr do sell at higher price then lower flr. Just tk a look at echelon. All the leftovers are high flr at 9xxk. Maybe gurus can comment here
This kind of outcome implies that most buyers are buying for investment and not own stay.
(my .02 only of coz)
thomastansb
02-01-13, 12:24
IMO, high floor will in general command a much better price. And view also of course. You can't be having 50th floor looking at office and say mine is high floor unit. Like who give a shit about high floor if 10th and 50th is looking into office.
Like Sail bay view, the price is insane there. We walked the same corridor everyday but the unit on the left is worth 50% more because it has bay view and mine is office view.
But if Echelon is selling 800 to 1M for studio, then people should hold WB till it TOP. Echelon and WB are both city fringe condos and are very close to city.
I haven't seen WB yet but based on my iOS6 Apple map, it is less than 1 min walk to MRT so I think that is a plus point. Also, it is 5 mins drive to Suntec or East Coast so it is pretty centralise. I think circle is pretty ok also at Dakota. A few stops to suntec or MBS only.
In fact, for those who know about city fringe condos, those that are within 5 mins walk to MRT are transacting around 950k. WB falls into this category so I will say hold till TOP if you want to sell. Even for rental, I think it will be 3.5 to 4k. I am just using citylights and southbank as a guide. Like what you all say, even Caspian can hit 3.5k so I don't see a problem for rental.
My :2cents::2cents:
A general observation, it is hard to knw if high flr do sell at higher price then lower flr. Just tk a look at echelon. All the leftovers are high flr at 9xxk. Maybe gurus can comment here
A general observation, it is hard to knw if high flr do sell at higher price then lower flr. Just tk a look at echelon. All the leftovers are high flr at 9xxk. Maybe gurus can comment here
investors tend to go for the cheapest, which means the low floor ones... was told Echelon most of 1 and 2 bedders are bought by investors.
IMO, high floor will in general command a much better price. And view also of course. You can't be having 50th floor looking at office and say mine is high floor unit. Like who give a shit about high floor if 10th and 50th is looking into office.
Like Sail bay view, the price is insane there. We walked the same corridor everyday but the unit on the left is worth 50% more because it has bay view and mine is office view.
But if Echelon is selling 800 to 1M for studio, then people should hold WB till it TOP. Echelon and WB are both city fringe condos and are very close to city.
I haven't seen WB yet but based on my iOS6 Apple map, it is less than 1 min walk to MRT so I think that is a plus point. Also, it is 5 mins drive to Suntec or East Coast so it is pretty centralise. I think circle is pretty ok also at Dakota. A few stops to suntec or MBS only.
In fact, for those who know about city fringe condos, those that are within 5 mins walk to MRT are transacting around 950k. WB falls into this category so I will say hold till TOP if you want to sell. Even for rental, I think it will be 3.5 to 4k. I am just using citylights and southbank as a guide. Like what you all say, even Caspian can hit 3.5k so I don't see a problem for rental.
My :2cents::2cents:
caspian a bit different, it is banking on the so-called next CBD aka Jurong east. So yah proximity to CBD is key.
If based on thomas opinion then lower flr transact at 7xxk and high flr will go for 1.4m in wb. Buyer can buy 1+s or 2 bdrm....
If based on thomas opinion then lower flr transact at 7xxk and high flr will go for 1.4m in wb. Buyer can buy 1+s or 2 bdrm....
u mean 1br low flr 7xxk and high flr 1.4m?
unlikely the gap can be so huge.. WB just only reach 20 flr highest leh. with 1.4m can buy two 7xxk, doubt possible but no harm trying hehe.
thomastansb
02-01-13, 12:48
??? Think you need to read my reply again.
If based on thomas opinion then lower flr transact at 7xxk and high flr will go for 1.4m in wb. Buyer can buy 1+s or 2 bdrm....
thomastansb
02-01-13, 12:51
I was replying to a previous post about high floor getting better price. So I say, the height level and view matter. Of course, someone misunderstood and quoted 100% even though I stated 50% more only. Anyway, it doesn’t matter.
What I want to say is high floor will definitely fetch a better price.
u mean 1br low flr 7xxk and high flr 1.4m?
unlikely the gap can be so huge.. WB just only reach 20 flr highest leh. with 1.4m can buy two 7xxk, doubt possible but no harm trying hehe.
Yea. Its not possible i think..
thomastansb
02-01-13, 13:04
It is not possible to have 50% more. Maybe 120 to 160k difference between first and 20th floor? I assume 6k to 8k per floor. That is the case for most projects.
And usually, projects will go up in prices 1 to 2 months before TOP. And another 1 more rise after TOP. Is WB going to TOP any time soon?
Yea. Its not possible i think..
Thomas, thanks for your sharing, very insightful =)
I think WB is going to TOP in Q2 this year. Most of the units (except for the 1BR and 2BR) would have at least the river view facing the landed properties. So in my opinion, as long as you are above the 5th floor, you should be able to clear the landed properties and get a very decent unblocked view. So i m thinking buyers may not wish to pay a lot more for higher floors since the views may not be significantly different?
Squall8888
02-01-13, 14:06
For studio, there are only 4 stacks. 1, 4, 27 and 30.
1 is overlooking the school so will be unblocked from 5th floor onwards
4 is facing inwards. Totally blocked
27 is facing HDB so even at 18th floor, you will be looking at rooftop. The HDB is 14th storey high and some are double storey units so it is better to go down to take a look
30 is facing inwards but at least you have partial unblocked view if you go near the windows or out at balcony
Just for everyone information but it can sound like I am advertising my own stack though. :D Feel free to go down and take a look too.
Anyway, many thanks for valuable feedbacks from everyone. Everyone has given constructive information which is very helpful to rental newbie like me. I think I will call the agent to reject the offer. My friend also show me how prices went up 15-20% after TOP for recently TOP-ed projects so I will just wait. Somemore, fiscal cliff deal is done and STI just breached 3200 so I will just hold on for rental then sell if a good offer comes along.
Thomas, thanks for your sharing, very insightful =)
I think WB is going to TOP in Q2 this year. Most of the units (except for the 1BR and 2BR) would have at least the river view facing the landed properties. So in my opinion, as long as you are above the 5th floor, you should be able to clear the landed properties and get a very decent unblocked view. So i m thinking buyers may not wish to pay a lot more for higher floors since the views may not be significantly different?
Good discussions here. Tks thomas,zeamy, mcm n squall
For studio, there are only 4 stacks. 1, 4, 27 and 30.
1 is overlooking the school so will be unblocked from 5th floor onwards
4 is facing inwards. Totally blocked
27 is facing HDB so even at 18th floor, you will be looking at rooftop. The HDB is 14th storey high and some are double storey units so it is better to go down to take a look
30 is facing inwards but at least you have partial unblocked view if you go near the windows or out at balcony
Just for everyone information but it can sound like I am advertising my own stack though. :D Feel free to go down and take a look too.
Anyway, many thanks for valuable feedbacks from everyone. Everyone has given constructive information which is very helpful to rental newbie like me. I think I will call the agent to reject the offer. My friend also show me how prices went up 15-20% after TOP for recently TOP-ed projects so I will just wait. Somemore, fiscal cliff deal is done and STI just breached 3200 so I will just hold on for rental then sell if a good offer comes along.
Squall, thats great! "See you" during TOP! :D
phantom_opera
02-01-13, 14:49
Would heat of Echelon give further capital appreciation?
2012-12-21 #XX-XX 624 1,486psf 2010-05-10 1,206psf $174,720 956 8.3%
Thomas, thanks for your sharing, very insightful =)
I think WB is going to TOP in Q2 this year. Most of the units (except for the 1BR and 2BR) would have at least the river view facing the landed properties. So in my opinion, as long as you are above the 5th floor, you should be able to clear the landed properties and get a very decent unblocked view. So i m thinking buyers may not wish to pay a lot more for higher floors since the views may not be significantly different?
What river.............LOL
Long kang say long kang la
What river.............LOL
Long kang say long kang la
Waliews.... kena:scared-2:
Haha it was once a river la but they longkangised it many yrs ago. Few yrs ago when i jog past i can still smell the bawoo ... but lately when i jog past i dint smell it anymore.
Maybe Focus can help to verify :D
East Lover
02-01-13, 15:05
What river.............LOL
Long kang say long kang la
naughty boy, don't like that leh... my bro so kind, i also like this project so much, 别伤大家的玻璃心啦~~ :o
Congrats to those who have successfully flipped their units over the past couple of months.
I guess there will be less buyers now. Many owners who initially intended to flip but have not done so, may seriously consider leasing your units instead upon top.
thomastansb
14-01-13, 09:48
Still ok lah. Rental pretty strong now especially OCR and RCR so nothing to worry for Waterbank. Even Optima or Caspian average 3.2k rental. WB Studio should fetch 3.5k easily and initial buyers paid like 650k? At 6.4% yield, might as well keep since you can't buy 2nd property now. That is my analysis. Unless you have someone offering 1M for your studio, then sell lor.
Congrats to those who have successfully flipped their units over the past couple of months.
I guess there will be less buyers now. Many owners who initially intended to flip but have not done so, may seriously consider leasing your units instead upon top.
Still ok lah. Rental pretty strong now especially OCR and RCR so nothing to worry for Waterbank. Even Optima or Caspian average 3.2k rental. WB Studio should fetch 3.5k easily and initial buyers paid like 650k? At 6.4% yield, might as well keep since you can't buy 2nd property now. That is my analysis. Unless you have someone offering 1M for your studio, then sell lor.
Yes thomas, i am with you on this. With less buyers and less sellers, should have positive impacts on the rental market. Good news to all landlords.
heard a studio unit has been sold at 800k..
Wait for the realisation of sportshub in the big bang next year. ;)
Yes thomas, i am with you on this. With less buyers and less sellers, should have positive impacts on the rental market. Good news to all landlords.
thomastansb
14-01-13, 12:07
I can't see any co-relation with sports hub actually. It is just like a newer version of the old stadium. No major shopping center also.
Wait for the realisation of sportshub in the big bang next year. ;)
I can't see any co-relation with sports hub actually. It is just like a newer version of the old stadium. No major shopping center also.
I was about to ask too.
Perhaps the completion of the new expressway will have some positive effect.
thomastansb
14-01-13, 12:34
I really don't think so. Unless a new shopping mall is built within 3-5 mins walk then it is different story.
I was about to ask too.
Perhaps the completion of the new expressway will have some positive effect.
Extracted this info from SSC:
Singapore Sports Hubhttp://www.ssc.gov.sg/publish/libs/CFC/content/statics.0.gifThe Singapore Sports Hub will be a fully integrated sports, entertainment and lifestyle hub for everyone in Singapore. It will be Singapore's premier land and water sports centre with integrated programming.
A unique cluster development of integrated world-class sports facilities within the city, it will play a critical role in accelerating the development of sports industry, excellence and participation and take sports to the next level in Singapore.
Located on a 35ha site in Kallang, the Sports Hub will include the following facilities:
A new 55,000-capacity National Stadium with a retractable roof and comfort cooling for spectators;
A 3,000-capacity indoor Aquatic Centre complete with leisure facilities, expandable to 6,000-capacity for specific events that meets world tournament standards;
A 3,000-capacity Multi-purpose Indoor Arena which will be scalable, modular and flexible in layout;
A Water Sports Centre to enhance sports offerings in the Kallang Basin
41,000 sq m of commercial space for leisure, shopping and dining activities
A Sports Information and Resource Centre (SIRC), comprising a library, a museum and an exhibition centre
Sports Promenade and Community Facilities
The existing 12,000-capacity Singapore Indoor Stadium featuring an exciting line-up of vibrant entertainment
With its world-class facilities, the Sports Hub will be the Centre for Singapore's elite athletes and high performance management as well as an ideal location for sports and entertainment events, sports administration, and sports and recreation businesses.
It will help to create a critical mass of international, regional and local sports federations and associations, sports medicine and sports science service providers, sports related training and education service providers, sports companies' sales and marketing headquarters, and retail outlets.
Located within the city, the Sports Hub is well connected to the Mass Rapid Transit network, major expressways and is only 15 minutes from the Singapore Changi International airport. With the newly opened Stadium MRT station right at its doorstep, fans will have low-cost, hassle free access to the Sports Hub.
The Sports Hub is also located next to the Marina Bay area and is poised to ride on the wave of exciting developments at Marina Bay like the Marina Bay Sands Integrated Resort, Marina Barrage, Singapore Flyer and the floating platform at Marina Bay.
The Hub is the largest sports facilities infrastructure Public-Private-Partnership (PPP) project in the world. It is also Singapore's largest and flagship PPP project entailing a 25-year Design, Build, Finance and Operating Contract. The Singapore Government is looking forward to working with private sector partners to capitalise on its full potential.
I was about to ask too.
Perhaps the completion of the new expressway will have some positive effect.
thomastansb
14-01-13, 12:50
Not bad. Still got one big shopping mall there
I think those condos at the Tanjong Rhu enclaves like Pebble Bay, Sanctuary Green, Waterplace etc will benefit more from the Sporthubs, as they are within walking distance to it.
The next phase will be kallang riverside when sportshub is about to complete. :)
I think those condos at the Tanjong Rhu enclaves like Pebble Bay, Sanctuary Green, Waterplace etc will benefit more from the Sporthubs, as they are within walking distance to it.
Tuesday, Dec 18, 2012
SINGAPORE - The Singapore Sports Hub has appointed SMRT Alpha to lease and operate 41,000 square metres of commercial retail space at the Singapore Sports Hub.
SMRT Alpha is a newly formed joint venture between the subsidiaries of SMRT and NTUC FairPrice, formed to promote Singapore as a sport and lifestyle hub.
The upcoming retail mall and waterfront area will feature a variety of indoor and alfresco food and beverage outlets set in an atmosphere for suburban dining.
There will be a wide-range of options, including cafes, restaurants, bars, dessert and snack bars.
For shoppers, the mall will offer a range of stores and amenities, including fashion, accessories, banking services, entertainment, beauty spas and enrichment centres.
There will also be a FairPrice Xtra hypermarket at the mall.
Chief Executive Officer of the Singapore Sports Hub, Mr Philippe Collin Delavaud, expressed confidence that SMRT Alpha will be able to bring their combined expertise and knowledge to the Singapore Sports Hub.
"Both SMRT and NTUC FairPrice have a proven track record in reaching out to and bringing the community together," he said.
As part of its transit retail management strategy, SMRT said it regards this mall operation as an extension to continuously improve and enhance the experience and convenience of its commuters.
SMRT President and CEO Mr Desmond Kuek said the company is committed to performing its primary role as a safe and reliable public transport operator. At the same time, it is proud to be involved in promoting a sports and lifestyle destination for the Singapore community.
He said the company has valuable retail experience of its own through the running of retail spaces in the SMRT network.
"With the Circle Line Stadium station at the doorsteps of the Singapore Sports Hub, the public can enjoy convenient, quick and easy travel to this highly iconic venue. The East-West Line's Kallang station and Circle Line's Dakota and Mountbatten stations are also nearby, enabling us to bring our transport synergies to the Singapore Sports Hub," he added.
The Singapore Sports Hub will be opened and fully operational in April 2014.
thomastansb
14-01-13, 13:54
Anyone knows when this project TOP?
zhukemotor
14-01-13, 16:53
i just checked with UOL a few day ago. Their reply is April/May
i just checked with UOL a few day ago. Their reply is April/May
Oh thanks for the update. I am lazy to call UOL... i was expecting May/June.. seems like I need to get myself prepared early.
zhukemotor
14-01-13, 17:57
Oh thanks for the update. I am lazy to call UOL... i was expecting May/June.. seems like I need to get myself prepared early.
ya, I am looking at ID company now... want to settle this after CNY.
ya, I am looking at ID company now... want to settle this after CNY.
I also realized nowadays got v good promotions for electrical goods... Say a fridge + tv + microwave oven package for < $2k, and washer + dryer for only $1.2k. Not exactly high end ones but good enough for my 1+1
I also realized nowadays got v good promotions for electrical goods... Say a fridge + tv + microwave oven package for < $2k, and washer + dryer for only $1.2k. Not exactly high end ones but good enough for my 1+1
where is the place zeamy bro ? i think i should start looking as well. Any idea where to get curtain ?
where is the place zeamy bro ? i think i should start looking as well. Any idea where to get curtain ?
Oh the fridge package I saw was at Harvey Norman but I believe it shld be available at all outlets as its a Samsung promotion (Samsung tv plus fridge). Earlier on I got a similar package but its Samsung fridge + vacuum cleaner + microwave oven.
The washer/dryer package deal was from Mega Store. Can't remember the brand, but it was $1199 for the 2 items.
As for curtains, my lobang is not value of money, so I won't recommend. I am keeping a look out too myself. Maybe East Lover has good lobang .....
Oh the fridge package I saw was at Harvey Norman but I believe it shld be available at all outlets as its a Samsung promotion (Samsung tv plus fridge). Earlier on I got a similar package but its Samsung fridge + vacuum cleaner + microwave oven.
The washer/dryer package deal was from Mega Store. Can't remember the brand, but it was $1199 for the 2 items.
As for curtains, my lobang is not value of money, so I won't recommend. I am keeping a look out too myself. Maybe East Lover has good lobang .....
I think Ikea also selling curtains, don't know whether value for money or not?
thomastansb
14-01-13, 23:21
Cheap meh? A normal sized fridge only $500-$600 in audio house (those small sized for studio or 1+1 lah). TV $388 can get a sharp 32" basic model. $500 can get 40" already. Oven is less than $200.
Samsung washer only $500. Dryer $300 can get liao nowadays.
I also realized nowadays got v good promotions for electrical goods... Say a fridge + tv + microwave oven package for < $2k, and washer + dryer for only $1.2k. Not exactly high end ones but good enough for my 1+1
Cheap meh? A normal sized fridge only $500-$600 in audio house (those small sized for studio or 1+1 lah). TV $388 can get a sharp 32" basic model. $500 can get 40" already. Oven is less than $200.
Samsung washer only $500. Dryer $300 can get liao nowadays.
I am talking about 39" Smart LED TV and a ~360litres fridge in the package. And this includes 5yrs warranty. Might be a good bargain for those with bigger units. 1+1 yeah, mabbe dont need so big.
Talking about TV, my friend bought a 32" panasonic LCD TV last yr which was on promotion, and it broke down exactly on the 13th month, no more warranty :D
I think Ikea also selling curtains, don't know whether value for money or not?
Hi relatives-X sis, thanks ... always go to ikea but never once stop to take a look at the curtains. Am not a curtain person so mabbe best to leave the job to my "boss".
phantom_opera
15-01-13, 08:38
it will be interesting what is the next subsale price for this project since profit margin already so thin ... must monitor closely
it will be interesting what is the next subsale price for this project since profit margin already so thin ... must monitor closely
Ya... interesting to watch. Last time already so few owners willing to sell, now even more unwilling to sell.
There will still be a handful of first time buyers... i know of a single who wanna buy for own stay, and also an elderly couple desperately looking for a 1+1 for own stay (i guess they need to sell off their HDB).
Oh the fridge package I saw was at Harvey Norman but I believe it shld be available at all outlets as its a Samsung promotion (Samsung tv plus fridge). Earlier on I got a similar package but its Samsung fridge + vacuum cleaner + microwave oven.
The washer/dryer package deal was from Mega Store. Can't remember the brand, but it was $1199 for the 2 items.
As for curtains, my lobang is not value of money, so I won't recommend. I am keeping a look out too myself. Maybe East Lover has good lobang .....
Robin blinds not bad... From jln besar.
Good price good service good work.
http://www.blindsgallery.com.sg/contact.html#
zhukemotor
16-01-13, 20:37
Currently planning Reno, any one know the color of the wardrobe?, if got a photo would be best! Thanks
East Lover
16-01-13, 20:56
Ya... interesting to watch. Last time already so few owners willing to sell, now even more unwilling to sell.
There will still be a handful of first time buyers... i know of a single who wanna buy for own stay, and also an elderly couple desperately looking for a 1+1 for own stay (i guess they need to sell off their HDB).
My agent friend said all the owners are holdingnp back. Now she is busy looking for units, no fresh calls but buyers whom she served all want units now...
My bro, happy for you! :cheers4: :cheers4: :cheers4:
good news east lover.
how about studio ? also holding back ?
East Lover
17-01-13, 08:58
good news east lover.
how about studio ? also holding back ?
Hi lovelle, all holding back, including studio :D
Hi lovelle, all holding back, including studio :D
Not just WB.. I noticed many sellers in the resale mkt are now holding back or withdrawn their listing
propertychap
17-01-13, 09:40
If sell existing property, how to buy back with all the cooling measures?
Better hold tight tight.
If sell existing property, how to buy back with all the cooling measures?
Better hold tight tight.
Yes.... once you sell, the next house will have to pay 7-10% ABSD......
Waterbank owners should be amongst the last batch of flippers before the 16% SSD CM came in .... so there might still be some joint-owners who would want to dispose off their units at WB as they are unwilling to take up the hassle of managing rentals.
There could also be a handful of them who have been using cash to made the progressive payments thus far (their initial intention is to flip before TOP). This grp of owners may wish to sell off their units as they dont wanna take up the housing loans.
but suddenly.. there is a drop in demand after cm7 :scared-5:
thomastansb
17-01-13, 10:18
I think both demand and supply has dropped considerably. Especially in the sub-sale and resale market. Developer sales of course we know is agents > buyers now.
[quote=East Lover]My agent friend said all the owners are holdingnp back. Now she is busy looking for units, no fresh calls but buyers whom she served all want units now...
I can confirmed that.
I received an sms last night from an agent...very arrogant.
It reads..
Dear WaterBank Owner,
I hv ready buyer want to buy yr unit at this stack.
Ready cheque on hand, pls reply if u r keen to sell.
Only valid for 2 days, whoever reply 1st, will get the deal.
Agent thinks owners are desperate to sell....
Just put owners off..
The thing is I have already sold mine in Sept and yet he has failed to
countercheck and update his list.
Squall8888
17-01-13, 12:53
Waterbank owner should just hold on to their units. Wait for it to TOP. WB is a city fringe condo with MRT. The price has not appreciated to that level yet so no point selling now.
Sell only if studio hit > 900k, 2 bedders > 1.4M and 3 bedders > 1.6M. Assuming worst stack and no view. That is the pricing for city fringe condos with MRT.
thomastansb
17-01-13, 13:40
So bullish?
Waterbank owner should just hold on to their units. Wait for it to TOP. WB is a city fringe condo with MRT. The price has not appreciated to that level yet so no point selling now.
Sell only if studio hit > 900k, 2 bedders > 1.4M and 3 bedders > 1.6M. Assuming worst stack and no view. That is the pricing for city fringe condos with MRT.
zhukemotor
17-01-13, 21:07
The extension for Circle line will finally close the circle!! that is a good news for Dakota residents although it will only be completed by 2025.:banghead:
Squall8888
18-01-13, 09:36
That is what I have observed in current market.
So bullish?
East Lover
18-01-13, 09:38
The extension for Circle line will finally close the circle!! that is a good news for Dakota residents although it will only be completed by 2025.:banghead:
current circle line is good enough for Water Banki tenants to go direct to sport hub, suntect city and marina bay - the new financial centre, and one stop back to paya labar biz hub, the extension is just a bonus to go vivo city/sentosa.. You should be happy right??? :cheers5:
Squall8888
18-01-13, 09:41
I am thinking, only 1 or 2 stops, need 12 years? Somemore the circle line loop is considered as the most crucial. Imagine you change 3 times before the line is not completed.
Efficiency at its best.
current circle line is good enough for Water Banki tenants to go direct to sport hub, suntect city and marina bay - the new financial centre, and one stop back to paya labar biz hub, the extension is just a bonus to go vivo city/sentosa.. You should be happy right??? :cheers5:
I am thinking, only 1 or 2 stops, need 12 years? Somemore the circle line loop is considered as the most crucial. Imagine you change 3 times before the line is not completed.
Efficiency at its best.
Ya.. that broken piece in the circle line is critical..
there were a few times i need to travel to dakota from the labarador side... and i have either go one big round using the circle line, or change 3 trains at Harbour Front and then Dhoby Ghaut just to get home...
good news .. if they can speed up the link ..
anybody knows if the marina bay station is connected/operation with CCL line ?
thomastansb
18-01-13, 10:01
Yup, it is connected already.
good news .. if they can speed up the link ..
anybody knows if the marina bay station is connected/operation with CCL line ?
Yup, it is connected already.
good for punters already. they can take mrt to MBS back and fro. In the past, Reflections were sold based on proximity to casino. But it is a distance to rws. many bought because of the reason..
East Lover
18-01-13, 13:17
good for punters already. they can take mrt to MBS back and fro. In the past, Reflections were sold based on proximity to casino. But it is a distance to rws. many bought because of the reason..
By the way, if work at raffles place, what's the easy way to go from WB? walk from suntec to city hall to take east-west line?
phantom_opera
18-01-13, 13:32
record psf just b4 cm7 ... dun know buyer will be happy or scared
2013-01-08 #XX-XX 624 1,602psf 2010-05-05 1,224 235,872 979 10.6
thomastansb
18-01-13, 14:11
Good location so still not so bad. Actually for these city fringe studio, easily can hit record psf because people look at quantum nowadays and not psf. Especially with MRT around, 1.8 to 2k psf is norm nowadays.
There was an eCo (tanah merah) that was sold at 1,7xx psf. I don't know what is the buyer thinking.
record psf just b4 cm7 ... dun know buyer will be happy or scared
2013-01-08 #XX-XX 624 1,602psf 2010-05-05 1,224 235,872 979 10.6
By the way, if work at raffles place, what's the easy way to go from WB? walk from suntec to city hall to take east-west line?
Sis, i think a more direct way is to take circle line to Marina Bay MRT then change to red line 1 stop u can reach Raffles Place MRT... otherwise there shld be quite a number of direct buses from Old Airport market that goes directly to Raffles Place in less than 15min.
East Lover
18-01-13, 15:03
Sis, i think a more direct way is to take circle line to Marina Bay MRT then change to red line 1 stop u can reach Raffles Place MRT... otherwise there shld be quite a number of direct buses from Old Airport market that goes directly to Raffles Place in less than 15min.
oh yes, i forgot they have marina south stop long long time ago :rolleyes:
wow, that's great! your tenant pools are huge indeed! initially i think of suntec/marina bay financial new centre, now even existing shanton way tenant also not far away. in furture paya laber also have many tenant.... congrates!! :cheers4: :cheers4: :cheers4:
EL sis ... Quick, go grab a sub sale unit and join us ... I volunteer to help market your unit for rental, foc, haha
hahaha, this community getting happier.
zeamybro, are you an agent ?
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