View Full Version : Esparina
hellothere
16-10-10, 11:57
It is better to go for no lock if it is SOR package given the volatility nature of SOR. On the other hand, looking at US economy and US$, SOR and SIBOR should be remained low for quite some time.
I agree with u bro. SOR should remain relatively low for the moment:cheers6:
Hi, whats is the rate for CIMB?
Anyone has rates for St. Chart, CitiBank and DBS?
hellothere
16-10-10, 12:01
Anyone has rats for St. Chart, CitiBank and DBS?
DBS
1st Year: Sibor + 0.70%
2nd Year: Sibor + 0.70%
3rd Year: Sibor + 0.70%
Thereafter: Sibor + 0.75%
One should look carefully at the loan documents. Penalty fees, perks, early redemption, etc.
Is this for BUC or completed project?
DBS
1st Year: Sibor + 0.70%
2nd Year: Sibor + 0.70%
3rd Year: Sibor + 0.70%
Thereafter: Sibor + 0.75%
hellothere
16-10-10, 12:05
Is this for BUC or completed project?
Bro, all stated here are for the uncompleted development Esparina.
:)
Then the first 2 years do not great difference. Do take note of the penalty for the undisburse amount when want to refinance even though you have no-lock.
Bro, all stated here are for the uncompleted development Esparina.
:)
hellothere
16-10-10, 12:20
Then the first 2 years do not great difference. Do take note of the penalty for the undisburse amount when want to refinance even though you have no-lock.
Thanks bro. Must say that u have great knowledge about this.
0.75% is the standard cancellation fees for all. :scared-5:
Thanks bro. Must say that u have great knowledge about this.
0.75% is the standard cancellation fees for all. :scared-5:
Yup, plus the clawback for legal fee of $2.5k... therefore can safely say first 3 years won't refinance. After that is where the fun begins....or horror..
DBS sibor one also doesn't look bad.. though SIBOR is higher now. Effectively, maybe abt the same as cimb's? anyone can confirm whether DBS also follows percentage completion disbursement? coz i heard 1 bank starts calculating interest once Letter of Offer signed, not sure which one though
hellothere
17-10-10, 11:38
Yup, plus the clawback for legal fee of $2.5k... therefore can safely say first 3 years won't refinance. After that is where the fun begins....or horror..
DBS sibor one also doesn't look bad.. though SIBOR is higher now. Effectively, maybe abt the same as cimb's? anyone can confirm whether DBS also follows percentage completion disbursement? coz i heard 1 bank starts calculating interest once Letter of Offer signed, not sure which one though
Not sure about this bro
Sibor is much more stable than SOR... thus the slightly higher rate
Thanks bro. Must say that u have great knowledge about this.
0.75% is the standard cancellation fees for all. :scared-5:
Depending on your relationship with the bank and how much business you had given them, this can easily be waived...
Has the deadline for first-timers priority expired for Esparina? Wondering what would be response once it is opened to the market?
Cheers
fisho
Condo Collector
31-10-10, 18:41
Thanks bro. Must say that u have great knowledge about this.
0.75% is the standard cancellation fees for all. :scared-5:
There is no standard. All depend on the value written on the letter of offer. FYI, it is NEGOTIABLE...
think it is 1 month so shd be Nov 1 or 2? Should be :luke-and-darth:, 2nd timers will also go for the bigger units.
Has the deadline for first-timers priority expired for Esparina? Wondering what would be response once it is opened to the market?
Cheers
fisho
Condo Collector
31-10-10, 23:06
think it is 1 month so shd be Nov 1 or 2? Should be :luke-and-darth:, 2nd timers will also go for the bigger units.
If i remember correctly, it should be 7 Nov.
7 eleven, nice date, think they might expect to sell out before their results are out on 12 Nov and make up for their flamingo project.
Maybe developer will also up the price knowing that the bigger fish are coming. :rolleyes:
If i remember correctly, it should be 7 Nov.
syncmaster
11-11-10, 20:06
any 1st timer received their S&P ?
Been a mth since I signed the OTP but no info till now:scared-4:
bargain hunter
14-11-10, 16:30
F&N says 496 units sold (87%) as at 8 Nov.
Believe it's been launched for about 3 weeks now. not bad, if it wasn't an EC, they can probably close their EC and start the construction.
Think more like 5-6 weeks now, actually thot this will sell out like hot cakes (although perf not too bad), but other EC developer shd be worried after seeing the perf of canopy......:scared-4:
Believe it's been launched for about 3 weeks now. not bad, if it wasn't an EC, they can probably close their EC and start the construction.
fairlady04
14-11-10, 22:25
Think more like 5-6 weeks now, actually thot this will sell out like hot cakes (although perf not too bad), but other EC developer shd be worried after seeing the perf of canopy......:scared-4:
It would have been fully sold if not for all the restrictions... only left the 2BRs.. which means pple who bought only want big units and can well afford the bigger units which would have easily cost >S$800k. the $600+k units are the ones left... so affordability not an issue.
that's a surprising reversal in trend from the condos, always 1 & 2 bedder wipe out first.....:eek:
It would have been fully sold if not for all the restrictions... only left the 2BRs.. which means pple who bought only want big units and can well afford the bigger units which would have easily cost >S$800k. the $600+k units are the ones left... so affordability not an issue.
Think more like 5-6 weeks now, actually thot this will sell out like hot cakes (although perf not too bad), but other EC developer shd be worried after seeing the perf of canopy......:scared-4:
Canopy will eventually find their buyers. People will justify the cheaper price by having a car to compensate for the inconvenient location. But it'll take time.
Look at Lilydale and Yishun Emerald & Sapphire. Took quite a while to find their buyers and the market was even quieter then. But eventually, they found their buyers.
devilplate
14-11-10, 22:43
that's a surprising reversal in trend from the condos, always 1 & 2 bedder wipe out first.....:eek:
simply becoz this is EC lor...5yrs MOP leh...only buy for own stay....
i am more pleasantly surprise tat 1st timers can afford 7xx-800k 3bedder:D
fairlady04
14-11-10, 22:44
With Lakeside which is 30mins away drive from town priced at S$1300psf for one bedders, these properties priced at S$650psf and below look like a steal!
simply becoz this is EC lor...5yrs MOP leh...only buy for own stay....
i am more pleasantly surprise tat 1st timers can afford 7xx-800k 3bedder:D
first timer govt grant plus more importantly, first timer father mother grant perhaps.
With Lakeside which is 30mins away drive from town priced at S$1300psf for one bedders, these properties priced at S$650psf and below look like a steal!
real estate professionals always like to use this comparison game to hike up their price. E.g They will compare it with property in HK, London etc.
Ultimlately weather its a steal or not it really depends who deep is your pocket, not if something else is more expensive.
simply becoz this is EC lor...5yrs MOP leh...only buy for own stay....
i am more pleasantly surprise tat 1st timers can afford 7xx-800k 3bedder:D
sometimes got "old uncle" family also fall under that income bracket for some reason. U will be surprised to see some big shots who is a single income family also choosed to buy EC.
"big shot" and single income can buy EC?
sometimes got "old uncle" family also fall under that income bracket for some reason. U will be surprised to see some big shots who is a single income family also choosed to buy EC.
Can i guess as long as basic income below $10k. maybe a lot structured as bonus??
"big shot" and single income can buy EC?
I must say that after looking around, this project has the best unit layout of all time.
No bomb shelter, no bay windows, no planters, good sized bedrooms, no wasted space. :)
kingkong1984
01-12-10, 02:32
I must say that after looking around, this project has the best unit layout of all time.
No bomb shelter, no bay windows, no planters, good sized bedrooms, no wasted space. :)
No wonder price at this level
ESPARINA RESIDENCESBuangkok Drive/Compassvale BowFCL Compassvale Pte. Ltd.Exec Condo OCR 573 573 425 148 573 425 761 (http://forums.condosingapore.com/submitPriceDetails.do?hdl_no=C0675) 503 811
devilplate
01-12-10, 08:52
I must say that after looking around, this project has the best unit layout of all time.
No bomb shelter, no bay windows, no planters, good sized bedrooms, no wasted space. :)
waterbank also goodie:D ;)
Waterbank is good as well, just that some units have slanted balcony walls which seems abit not so nice to me. :D
hellothere
14-12-10, 21:50
Hi all Esparians
Welcome to join the Facebook account.
[email protected]
bargain hunter
15-12-10, 12:26
sold another 92 units in nov left 64 units at end of nov.
So near mrt and yet not sold out quickly:confused:
kingkong1984
16-12-10, 16:10
So near mrt and yet not sold out quickly:confused:
EC restrictions....
plus spoilt for choice...
Wat's the average price for esparina?
I read from one ST article that one high floor unit with pool view cost about $780psf? True?
Wat's the average price for esparina?
I read from one ST article that one high floor unit with pool view cost about $780psf? True?
highest so far is $814psf
http://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/price/PriceController.jpf (https://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/price/PriceController.jpf)
bargain hunter
17-12-10, 09:08
median is 757psf so 780psf for better view is possible.
median is 757psf so 780psf for better view is possible.
quite expensive for a EC.....
pricing is indeed steep for ec..
But if u can afford it and like the place, why not?
May have some upside if surrounding got further development in future. But i feel upside limited in the next 10 years. Max $1000psf?
hellothere
21-12-10, 19:39
pricing is indeed steep for ec..
But if u can afford it and like the place, why not?
May have some upside if surrounding got further development in future. But i feel upside limited in the next 10 years. Max $1000psf?
That is a bit on the upside?
kingkong1984
22-12-10, 01:23
No max value, just a gap value... When all up, this will float too. A new hdb at 500 psf will save the day.
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_esparinaresidences_01.jpg
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework Nil
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_esparinaresidences_02.jpg
Progress On Site For Esparina Residence As Of End May 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework Nil
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_esparinaresidences_03.jpg
Progress On Site For Esparina Residence As Of End July 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework In Progress
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil
darkseed73
26-12-12, 00:50
It seems the plot besides is going to be sold.
Anybody have any news abt it?
Kenshinto80
26-12-12, 04:13
It seems the plot besides is going to be sold.
Anybody have any news abt it?
Sold already...CDL.
Sold already...CDL.
What was their bid price?
It seems the plot besides is going to be sold.
Anybody have any news abt it?
Are you refering to the land on its other side, (ie nearer the mosque / power station) cos noticed that there was some soil investigation couple of weeks back.
darkseed73
26-12-12, 08:39
Are you refering to the land on its other side, (ie nearer the mosque / power station) cos noticed that there was some soil investigation couple of weeks back.
That's what I notice too.....I don't think that's sold right?
That's what I notice too.....I don't think that's sold right?
Think it might be for BTO? :beats-me-man: :beats-me-man:
darkseed73
27-12-12, 08:35
Think it might be for BTO? :beats-me-man: :beats-me-man:
Nope, if it's BTO the land belongs to HDB not URA and they don't have to dig ground to test for sale.
Nope, if it's BTO the land belongs to HDB not URA and they don't have to dig ground to test for sale.
Didn't know that.
Anyway think whether ura or hdb does not really matter as land ultimately belongs to u know who. Just like some of the GLS also were held by hdb and some ura.
As for soil testing, could be for really anything but likely for residential. Also just to add saw soil testing at Bto compassvale mast (apply). Thor for pc or ec and then came out Bto. So who knows, until a couple of mths time to 6 mths time :beats-me-man: :beats-me-man: :beats-me-man: :beats-me-man:
darkseed73
27-12-12, 12:28
Didn't know that.
Anyway think whether ura or hdb does not really matter as land ultimately belongs to u know who. Just like some of the GLS also were held by hdb and some ura.
As for soil testing, could be for really anything but likely for residential. Also just to add saw soil testing at Bto compassvale mast (apply). Thor for pc or ec and then came out Bto. So who knows, until a couple of mths time to 6 mths time :beats-me-man: :beats-me-man: :beats-me-man: :beats-me-man:
LOL why u so sad? The land between Quartz and Espa already sold to CDL.
Maybe becos it's beside a place of worship so u think it's going to be a BTO?
Think it might be for BTO? :beats-me-man: :beats-me-man:
http://esales.hdb.gov.sg/hdbvsf/eampuadp.nsf/0/SA_BTO_201303/$file/Sengkang%20map.pdf
Indeed BTO.
But still near MRT, those 4 rm near buangkok all asking for $500k +, so should still apply if can
LOL why u so sad? The land between Quartz and Espa already sold to CDL.
Maybe becos it's beside a place of worship so u think it's going to be a BTO?
Why i thot BTO becos location not as good as CDL and esparina plot in terms of accessibility, the road there is 2 lane (one lane either side).
the road one side got 2 condos, the other side got school and mosque, they should widen the road there.
Why i thot BTO becos location not as good as CDL and esparina plot in terms of accessibility, the road there is 2 lane (one lane either side).
the road one side got 2 condos, the other side got school and mosque, they should widen the road there.
Yah agree they should widen the road there. Esparina is going to TOP this year but they are going to suffer for a few more years from the construction noise and dust as they are squeezed in between the new CDL condo and the new BTO which will be released in march.
darkseed73
23-09-13, 17:35
Although nobody cares for EC :P
I want to say TOP liao this one.
Saw ads of Esparina bedrooms for rent.
http://i887.photobucket.com/albums/ac76/ocean68a/20140103_0819311_zpsad2d6a1b.jpghttp://i887.photobucket.com/albums/ac76/ocean68a/20140103_0819421_zps05ea0fb0.jpg
Although nobody cares for EC :P
I want to say TOP liao this one.
Congrats! :)
Notice the construction for Jewel(left) and HDB(right) have started.
Notice the construction for Jewel(left) and HDB(right) have started.This stretch of land is super rojak... just missing landed housing. Kite flyers here must really go fly kite elsewhere already.
This stretch of land is super rojak... just missing landed housing. Kite flyers here must really go fly kite elsewhere already.
I saw someone still flying kite there last week. On the remaining piece of empty land.
Saw ads of Esparina bedrooms for rent.
Can rent meh? I thought this is EC and need to fullfill HDB Ruling?
Can rent meh? I thought this is EC and need to fullfill HDB Ruling?
Got dual key units mah
rymccondo77
04-02-14, 18:36
Not just Esparina (near to Buangkok MRT) - other ECs that have dual key units (e.g. Prive, near to Punggol MRT) are also renting out.
These ECs were launched before the change in ruling on the sales of dual key EC units (the change took effect in January 2013) being restricted to multi-generational families.
And because of this ruling, the newer ECs tend not to have dual key units.
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