Question on Murano and Estiva
I'm quite new to the property market so pardon my ignorance.
I am intending to buy a property to rent out and have been looking at developments in Pasir Panjang. Two developments I am now focusing on are the Murano and the Estiva. The former seems to be asking for about $775psf while the latter is probably hovering around the $730psf to $750psf price range (these are all asking prices). These are prices for the so-called penthouses (3 bedrooms).
To me, these prices seem relatively moderate but I could be mistaken. I would be grateful if anyone could kindly shed some light as to whether you think these two developments are good value at the current asking price.
My view is that while the Murano seems to have better finishings, the Estiva's layout is better.
Thanks guys.
Surprised over Grandhill.
Quote:
Originally Posted by polityka
Don't know if you have seen the layout at the Murano. I think the so-called penthouse units are horrid. Anyway, almost bought that Estiva unit back in Sept but the deal fell through at the last minute. Talk about a blessing in disguise.
Heard that Grandhill is down to about $900psf. Keeping an eye on that one.
The news on Grandhill is really quite a surprised. I remembered there was a time I was rather interested in Grandhill for a while. I had an 3rd floor owner asking SGD1.5mio for a 1300sf apartment - 1153psf. And I understood it, he was still pretty adamant that prices are very reasonable (that was back in Dec 2008).
Notwithstanding Icon and The Sail was already hitting the range of 1200psf at that time, I was rather surprised this particular owners view.
I do wonder if he sold his apartment away eventually, and if yes, at what price.
Grandhill at 900psf now, is a pleasant surprise.