The Tennery (D23, 99/103 years LH, Far East Organization)

[devilplate]

Flyover and MRT scheduled for 2015.
TOP 2012 maybe, so probably 3 years.
I was just reading the LTA documents for the mixed tender; looks good and I will not be surprised to see psf prices there even higher than Tennery.

next to watch out for....the one at bedok interchange....if tat one launched at 1300psf++ for 1bedder....den urs looks ok liao

[skyhigh]

Regulators got me thinking so went to check.
Gosh, Maysprings TOP'ed in 1998.
So by the time the MRT is ready it will be 17 years old.
Maysprings is not Regency Park or The Arcadia, two old condos which are well maintained and still hold much appeal.
I am quite confident that my tenant and Maysprings' will be different.

[wesing]

The price of the 1-bedders at Tennery makes those at Cube 8 and 368 look pretty good value for money

[Regulators]

i do hope you can rent your unit out for 2k plus in future, but i really have my doubts, having studied the rental market in bukit batok, jurong and bukit panjang quite thoroughly. As you have mentioned about lifestyle, i dont see how age of the property comes into the picture, but i see how size can be an important consideration for lifestyle. Having 2 bedrooms means being able to use another room for work and one to sleep/rest, but having only one bedroom means a couple's lifestyle has to be compromised if both are professional working people. If you are talking about a single young professional working in the CBD, it makes more sense for him to rent a place at RV Edge, Newton Edge, Nathan suites or any mickey mouse units in town as the trade off is to live very near work but live in a smaller apartment. If that same professional chooses to live in the suburb and pays the same rent, do you think he would want to pay the same kind of rent and live in a studio or one bedder, just like the one in the city?

Regulators got me thinking so went to check.
Gosh, Maysprings TOP'ed in 1998.
So by the time the MRT is ready it will be 17 years old.
Maysprings is not Regency Park or The Arcadia, two old condos which are well maintained and still hold much appeal.
I am quite confident that my tenant and Maysprings' will be different.

[SP specialist]

Do you want to see my 'side letter' from FEO?
Better find another agent as yours CMI.....

Skyhigh was right. The appliances are provided as stated in my option as well

[skyhigh]

i do hope you can rent your unit out for 2k plus in future, but i really have my doubts, having studied the rental market in bukit batok, jurong and bukit panjang quite thoroughly. As you have mentioned about lifestyle, i dont see how age of the property comes into the picture, but i see how size can be an important consideration for lifestyle. Having 2 bedrooms means being able to use another room for work and one to sleep/rest, but having only one bedroom means a couple's lifestyle has to be compromised if both are professional working people. If you are talking about a single young professional working in the CBD, it makes more sense for him to rent a place at RV Edge, Newton Edge, Nathan suites or any mickey mouse units in town as the trade off is to live very near work but live in a smaller apartment. If that same professional chooses to live in the suburb and pays the same rent, do you think he would want to pay the same kind of rent and live in a studio or one bedder, just like the one in the city?

Oh okay, our definitions of 'lifestyle' are different!
To me it is not only about rooms or space.
My scenario is a late 20s/early 30s single, metro***ual tenant who wants a cosy space, is tech-savvy, ambitious, knows how to cook but can afford to dine out, perhaps has a Nespresso machine but prefers to grind his own beans, will make use of the on-site facilities like meeting 'pods' and spaces, function rooms, overhead projectors, power point, knows about global warming, understands that Lady Gaga is passe, is eco-friendly, practises safe *** etc, and who does not appreciate screaming kids with maid and pomeranian in tow making a lot of noise at the pool or hordes of aunties and uncles doing tai-chi in the common areas, homemakers who fry fish or rempah all day, or exchange gossip in the corridors, or watch Chinese or Korean dramas at high volume, SUV owners and those who must rev their engines and horn in underground carparks...

[skyhigh]

Skyhigh was right. The appliances are provided as stated in my option as well

About time you got here to back me up!
You didn't see me getting attacked left and right??

[Regulators]

skyhigh, dont get me wrong, not attacking you lah. i am just being objective, coz MM units in suburban area has yet to prove its rental yield. If you can rent out for a good yield in future, i will be happy as well

[kingkong1984]

Soho with facilities is not the same with mm without facilities or small facilities. This would be catching future D23 investors who wish to hold on to their hdb or just want to take small bets of less than 1 million units.

[skyhigh]

skyhigh, dont get me wrong, not attacking you lah. i am just being objective, coz MM units in suburban area has yet to prove its rental yield. If you can rent out for a good yield in future, i will be happy as well

Not referring to you lah.
Talking about the troll from several pages ago....

[HP65]

Oh okay, our definitions of 'lifestyle' are different!
To me it is not only about rooms or space.
My scenario is a late 20s/early 30s single, metro***ual tenant who wants a cosy space, is tech-savvy, ambitious, knows how to cook but can afford to dine out, perhaps has a Nespresso machine but prefers to grind his own beans, will make use of the on-site facilities like meeting 'pods' and spaces, function rooms, overhead projectors, power point, knows about global warming, understands that Lady Gaga is passe, is eco-friendly, practises safe *** etc, and who does not appreciate screaming kids with maid and pomeranian in tow making a lot of noise at the pool or hordes of aunties and uncles doing tai-chi in the common areas, homemakers who fry fish or rempah all day, or exchange gossip in the corridors, or watch Chinese or Korean dramas at high volume, SUV owners and those who must rev their engines and horn in underground carparks...

Seems like FEO should employ you as their Marketing Executive or in-house agent? And you are very familiar with FEO project details

[u2torneil]

Still waiting for you to post your letter...

You should gamble away more of your savings to buy more ovens and appliances bundled with your beloved dream "lifestyle" and loft. It will help generate positive externalities for the vested owners of Mayspring, Linear, Hazel Park Condo, etc.

Obviously, you have not done your due diligence into the current and future demographics of residents in the BP area. Dig harder into proper data before you part your money for investment, rather than making a conclusion sitting in BP Plaza drinking coffee! Until then, you can keep on dreaming on your dream tenants' lifestyle.

Not referring to you lah.
Talking about the troll from several pages ago....

[SP specialist]

About time you got here to back me up!
You didn't see me getting attacked left and right??

Sorry man. Well, to each of his own. Every development have its own pro and con.

I find the place is convenient to me and within my budget.

[kingkong1984]

Did anyone not mention that Tennery is also getting a free massive flyover bridge, other than a busy cross-junction, right in front of the swimming pool? Flyover is obviously missing or omitted from the marketing photos/pictures.

Maybe it is a negative point if mentioned

And if it is a fly over instead of underpass... the units facing the fly over would not be ideal.

[u2torneil]

LTA already confirmed that it will be a road bridge flyover at this junction of Tennery. The other confirmed flyover nearby will be over at the junction of Dairy Farm Estate, Salvation Army, Glendale Park, etc. at Hillview area.

Maybe it is a negative point if mentioned

And if it is a fly over instead of underpass... the units facing the fly over would not be ideal.

[skyhigh]

Still waiting for you to post your letter...

For what? SP specialist has already corroborated what I said.
Or maybe you can go ask the 180 or 190 people who also bought?
Oh and thank you for your 'advice'...

[skyhigh]

Seems like FEO should employ you as their Marketing Executive or in-house agent? And you are very familiar with FEO project details

Good point.
Now, if they win the bid for the mixed use site opposite then I really better apply....but, no, wait a minute, that will attract even more trolls....

[Regulators]

garden vista and newton one (just to name 2) also beside flyover, but look at what they are transacting.

LTA already confirmed that it will be a road bridge flyover at this junction of Tennery. The other confirmed flyover nearby will be over at the junction of Dairy Farm Estate, Salvation Army, Glendale Park, etc. at Hillview area.

[moneymatters]

I see rental rate for Upper Bukit Timah/Bukit Panjang, Hillview properties as a sub-group taking on a very different trajectory once DTL 2 begins operation in 2015. DTL IMHO is the most efficient MRT line as it intersects almost all the other lines (CCL, NSL, NEL, EWL and future TSL) within a 8-10 min spread. With train signalling at max 2 min interval. You could be in Holland V in 14 mins, Orchard in 22 mins, CBD in 30 mins tops. I see hordes of young urban professionals gravitating towards D23 in time to come. Consider also the proximity to nature reserve park especially with eco-bridge to be build by 2012 and new Pang Sua park connector. The fact that EA flats at Jelebu are now transacting around 650K despite DTL2 being ready in 2015 does suggest that a major transformation is already underway.

[devilplate]

skyhigh: how much u bot ur 1bedder...ard 650-700k rite? i was quoted 10-05 80xk!!!

price increased so much....

leme clarify: oven is provided but not the microwave....but if u bey paisey and ask for it, they will most likey throw in microwave, fridge and washer cum dryer for u....but prices actually increased 100k!! haha

the furnishing considered very good for mass market std and the layout and concept is well thought of.....max space utilisation...
same as Icon etc...no car lot for residents...goto apply season parking on 1st come 1st serve basis

personally i prefer the 2bedder den the 1bedder

[Regulators]

how can prices go up 100k in one week?

skyhigh: how much u bot ur 1bedder...ard 650-700k rite? i was quoted 10-05 80xk!!!

price increased so much....

leme clarify: oven is provided but not the microwave....but if u bey paisey and ask for it, they will most likey throw in microwave, fridge and washer cum dryer for u....but prices actually increased 100k!! haha

the furnishing considered very good for mass market std and the layout and concept is well thought of.....max space utilisation...
same as Icon etc...no car lot for residents...goto apply season parking on 1st come 1st serve basis

personally i prefer the 2bedder den the 1bedder

[moneymatters]

LTA already confirmed that it will be a road bridge flyover at this junction of Tennery. The other confirmed flyover nearby will be over at the junction of Dairy Farm Estate, Salvation Army, Glendale Park, etc. at Hillview area.

the flyover to be build by Lum Chang will be below the pool deck level. Likely to be between the 2nd and 3rd (LRT depot level)

[hyenergix]

skyhigh: how much u bot ur 1bedder...ard 650-700k rite? i was quoted 10-05 80xk!!!

price increased so much....

leme clarify: oven is provided but not the microwave....but if u bey paisey and ask for it, they will most likey throw in microwave, fridge and washer cum dryer for u....but prices actually increased 100k!! haha

the furnishing considered very good for mass market std and the layout and concept is well thought of.....max space utilisation...
same as Icon etc...no car lot for residents...goto apply season parking on 1st come 1st serve basis

personally i prefer the 2bedder den the 1bedder

Feels like HDB as you have to fight with the public over carpark spaces, and your car can be whacked by the public. Not very safe if this is the case.

[kingkong1984]

how can prices go up 100k in one week?

if it is indeed so, it is making sure that the option buyers execise their options.

plus .. maybe cannot sell so well so jack up prices high high or making more money to go for land bid. Problem solved by selling those at 1500 psf and above and these would clear. Stuck there never mind as new game.

[rattydrama]

developer better not to be too greedy..if there is a fall, all suffer together including buyer and developer... any good for us?

slow and steady is better.

if it is indeed so, it is making sure that the option buyers execise their options.

plus .. maybe cannot sell so well so jack up prices high high or making more money to go for land bid. Problem solved by selling those at 1500 psf and above and these would clear. Stuck there never mind as new game.

[devilplate]

if it is indeed so, it is making sure that the option buyers execise their options.

plus .. maybe cannot sell so well so jack up prices high high or making more money to go for land bid. Problem solved by selling those at 1500 psf and above and these would clear. Stuck there never mind as new game.

very normal la....FEO style...MUST always buy during VVVVVVIP preview...if not die die dun touch anymore until later on firesale if any...

u see greenwich....last phase: 1bedder cost almost the same as a 3bedder!!!

FYI: the sales for TENNERY is SUPER!...ard 230units sold liao and some high flr is not for sale now...probably 1500-1600psf later...hahaha

[devilplate]

developer better not to be too greedy..if there is a fall, all suffer together including buyer and developer... any good for us?

slow and steady is better.

FEO up the prices...more bees chiong in!!!

power leh...expensive must be good mah...proud_owner say one

[Lovelle]

i received a brochure in my letter box. Is that a hanging tennis court on the picture ?

[devilplate]

i received a brochure in my letter box. Is that a hanging tennis court on the picture ?

sort of hanging as its on top of 2 tower blocks

the project itself is attractive....if the price is ok...tink worth buying lor...layout good too...after viewing the showflat....i guess best units will be pool facing units and 1kpsf on average shd be reasonable

[Lovelle]

sort of hanging as its on top of 2 tower blocks

the project itself is attractive....if the price is ok...tink worth buying lor...layout good too...after viewing the showflat....i guess best units will be pool facing units and 1kpsf on average shd be reasonable

Ok, tomorrow go and see see the layout...

very near to my place...if they quote u 800k for 1 bedder then the fellow who got RH "tan tio" liao...

it dwarfed those at Lakefront and Centris ...