End of debate.
CCR means cannot continue rising
RCR means reluctant continue rising
OCR means Often continue rising
Go for Smallest Unit
End of debate.
CCR means cannot continue rising
RCR means reluctant continue rising
OCR means Often continue rising
Junior
well not necessarily.
what I said was:
out performance option works when the "increment" is negative tooOriginally Posted by amk
Junior
The Centro 1400psf
D'Leedon 1600psf
Junior
D'leedon #08 1,270sqft $1,535psf unblocked view, which one more worth it as compared to centro? any infor on centro unit?
Newbie
Why are we still discussing which is more worth? I thought the general consensus is that all will drop in value? Why not wait for the so-called price correction to happen? Maybe D'leedon will drop to $1,000 psf?
Junior
if drop till 1300 i think alot of pple go pick liao. drop till 1000 capitaland can pack up n load up lorry le.
with all the eagle eyes here, i think the property price dont have much chance to drop alot u all snatch all the good deal le! HAHAH
Junior
general consensus is all will drop in value. but now the argument is which one will drop less. The one which drop has a better store of value.
Junior
that's why I said "out-perform"
btw for those who has access to research reports, MSR's report showed something interesting (for Dec 2010):
1) percentage of units sold within 1 year, indicator of speculation: OCR has the same number as CCR.
2) percentage of units sold between 1-3yrs, OCR has HIGHER percentage than CCR.
Traditionally CCR has far more "short period" sales, due to investment nature, and OCR much less due to "own stay". Now it's clear ppl are speculating in OCR now. So much for "OCR for genuine home-stay".
1400 psf in "Ang Mo Kio Ave #" is surreal
Senior
the most expensive unit on caveat at centro is #21 1281 sq ft, 1330psf in nov last year. not sure about sales prices now.
Exalted
simply means OCR make $$$ tats y ppl can cash out whereas CCR nvr uch $$ and got stucked....that's why I said "out-perform"
btw for those who has access to research reports, MSR's report showed something interesting (for Dec 2010):
1) percentage of units sold within 1 year, indicator of speculation: OCR has the same number as CCR.
2) percentage of units sold between 1-3yrs, OCR has HIGHER percentage than CCR.
Traditionally CCR has far more "short period" sales, due to investment nature, and OCR much less due to "own stay". Now it's clear ppl are speculating in OCR now. So much for "OCR for genuine home-stay".
1400 psf in "Ang Mo Kio Ave #" is surreal
for shares aso the same.....buy at high got stucked naturally become long term investors
Exalted
they plucked centro(most extreme case in OCR....but i tink greenwich wud be a better candidate) and cheapest psf in dleedon to make comparison.....bluff auntie uncle can la....
mabe tats y from the pic, i saw many uncles turn up at spott 18!!! they tot CCR CHEAP AR!
Last edited by devilplate; 18-01-11 at 10:51.
Junior
u have more units to be lodged for Centro doing 1400 over.
For greenwich, the median prices are not that high, ard 1200 only. Centro consistently above 1300 across the months, should qualified as the most exp OCR project. (woops correction, most exp is Lanai 1450!)
The top 3 expensive OCR projects are all from FEO: Centro, Lanai, Greenwich. Well done FEO.
Junior
another thing, PRC buyers are coming. They have overtaken Indonesians and now matched Malaysians. Indians on the other hand, are not coming. The percentage dropped.
Senior
Shouldn't investors thank FEO for setting new highs?
Exalted
bcoz china more cooling measures den us...but not after 14jan....lol
Junior
CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,315,000 1,001 Strata 1,314 Dec-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,190,000 872 Strata 1,365 Dec-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,295,000 1,001 Strata 1,294 Dec-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,314,000 1,001 Strata 1,313 Dec-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,273,800 1,001 Strata 1,272 Dec-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,208,000 872 Strata 1,386 Nov-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,703,700 1,281 Strata 1,330 Nov-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,180,000 872 Strata 1,353 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,260,000 926 Strata 1,361 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,600,000 1,206 Strata 1,327 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,170,000 872 Strata 1,342 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,220,000 926 Strata 1,318 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,395,000 1,001 Strata 1,394 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,250,000 926 Strata 1,350 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,285,000 1,001 Strata 1,284 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,633,000 1,206 Strata 1,355 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,216,000 904 Strata 1,345 Oct-10 CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,362,000 1,001 Strata 1,361 Sep-10they plucked centro(most extreme case in OCR....but i tink greenwich wud be a better candidate) and cheapest psf in dleedon to make comparison.....bluff auntie uncle can la....
mabe tats y from the pic, i saw many uncles turn up at spott 18!!! they tot CCR CHEAP AR!
VS
D'LEEDON LEEDON HEIGHTS Condominium 1 1,611,900 1,012 Strata 1,593 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 890,400 603 Strata 1,477 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,906,000 1,270 Strata 1,501 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 944,500 635 Strata 1,487 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 957,500 635 Strata 1,508 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,804,100 1,173 Strata 1,538 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,298,600 786 Strata 1,653 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 873,900 592 Strata 1,476 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,738,200 1,173 Strata 1,481 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 948,900 635 Strata 1,494 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,765,900 1,184 Strata 1,491 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 2,245,600 1,399 Strata 1,605 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,332,300 786 Strata 1,696 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,980,600 1,270 Strata 1,559 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,761,400 1,184 Strata 1,488 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,253,000 786 Strata 1,595 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 940,200 635 Strata 1,480 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,476,500 990 Strata 1,491 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 890,400 603 Strata 1,477 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,042,500 635 Strata 1,642 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,828,400 1,184 Strata 1,544 Dec-10 D'LEEDON LEEDON HEIGHTS Condominium 1 1,901,500 1,270 Strata 1,497 Dec-10
i was asking which one seems a better deal. DP feels that its cheating uncle auntie. So i post some raw data from URA for fellow bro comparision. Kudos to FEO, OCR kissing CCR soon. Does it mean CCR will move up more or down more this year?
Junior
OMG!!! couldnt edit in time
can seems to use photo bucket
sorry for the low class posting
Senior
chotto matte kudasai. Greenwich at 1200psf not high? Is that our new normal?quartz down the road with mrt and 24hr NTUC is selling at 400psf cheaper ah. How to justify such a huge gulf... Then again, the same can be said of Centro and Grandeur 8. That gulf is 500psf. People's penchant for new properties baffles me once again.
Junior
like I said, there's no value in new launches. Completed projects much better value. especially now, cannot flip....
Gave up on new launches... though still go and kaypoh
Senior
Kaypoh for ID ideas.like I said, there's no value in new launches. Completed projects much better value. especially now, cannot flip....
Gave up on new launches... though still go and kaypoh
Emeritus Senior
Not to kick-start another debate (though that's the purpose of this thread) but even H88.com.sg mentioned,
"The prices of these regions are getting closer and closer, soon perhaps URA will discard this method of comparing prices by region and find something more representative.Why are they getting closer? Three letters - MRT. Obviously they play a huge role in raising the value of the land. And with the completion of Circle Line and Downtown Line, it will be hard to say where 'Central Region' starts and ends. You can find commercial offices all the way in Telok Blangah and Tampines!
Also, the benefits of living close to the CBD becomes less apparent than before if the train can take you from Clementi to Raffles Place in 25 minutes.
More on the numbers as we digest them over the weekend."
Just reinforces what I said before - not that OCR can match with CCR but the difference in premium is dropping everyday.
Junior
not to mention that of the 66000 condos in the pipeline, almost half are in CCR, as today's BT reported. this put paid to Teddy's claim that there are few condos available in CCR, and therefore prices there will go higher. if anything, condo prices in CCR are due for a major correction.
Go for Smallest Unit
In Singapore, whole island is CCR except Sentosa. The MRT criteria is good. However, every city will have a core of core to axe the rich.
Global recession is coming....
Talk of Pipeline? You know there are 2m+ OCR private properties in the pipeline over the next 30 years that can be built quickly on empty land? Either you are ignorant or you refuse to acknowledge the fact. So if a rich person want to invest for 30 years, you think he will choose CCR with very little supply or OCR which has 2m+ supply? Put in perspective: 2m new units is 10x of existing number of units!
Senior
our govt is transforming every satellite town to make them attractive and desirable for living, singaporeans are increasingly seeing less of a need to live in prime districts. To say that there is a real need for people working in the cbd to live near cbd is pure rubbish as travelling distances in singapore is so short that even getting from east to west can be done in less than 45 min. Having lived in england for quite some time, everywhere is accessible only be car or bus, and to have a giant shopping complex within walking distance from your house is really a luxury already. Most private apartment designs in england really kanna sai compared with our condos even in the suburbs. There is a narrowing in low end ccr n ocr pricing bcoz of the vast improvement in living standards in the suburbs. If the high end ccr homes are not supported by foreign buying, owners leveraging on ccr properties will be dead meat.
Senior
With each new ocr condo built, it jacks up the prices of older surrounding ocr condos evident island wide. Mi casa brings up prices of warren and northvale, tennery brings up prices of mayspring, cascadia and floridian bring up prices of surrounding projects and hillvista bring up prices of surrounding older developments.Talk of Pipeline? You know there are 2m+ OCR private properties in the pipeline over the next 30 years that can be built quickly on empty land? Either you are ignorant or you refuse to acknowledge the fact. So if a rich person want to invest for 30 years, you think he will choose CCR with very little supply or OCR which has 2m+ supply? Put in perspective: 2m new units is 10x of existing number of units!
Go for Smallest Unit
Yes, new developments bring up the neighboring prices. Some have called it the enblock effect too.
The vision up the blue horizon.
The lakefront up caspian
The scala up the ones beside
The dunowat up parc imperial
So many... U go find lah, lazy.
Junior
so have to buy a condo that has lots of empty spaces? so that newer condos will bring up its price?
Does The Riverine by the Park sounds good? Lonely condo inbetween Lavender and Kallang MRT.
Junior
Just because that there are space enough to buil 2m+ OCR private properties doesn't mean that all 2m+ properties will be built.Talk of Pipeline? You know there are 2m+ OCR private properties in the pipeline over the next 30 years that can be built quickly on empty land? Either you are ignorant or you refuse to acknowledge the fact. So if a rich person want to invest for 30 years, you think he will choose CCR with very little supply or OCR which has 2m+ supply? Put in perspective: 2m new units is 10x of existing number of units!
Senior
Aiya some people numb to logic and common sense already
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