Capitaland launching Bedok Mrt Development

**devilplate** · 17-10-11, 18:29

Originally Posted by land118

Soon, it may take 2 generations to pay off small private property in S'pore like in Tokyo, etc...if not born right, parents left u with nothing, got to curse the heaven and the earth liao..

Our clever govt can always reduce the hdb px by releasing 60yr hdb bto flat

**land118** · 17-10-11, 18:36

Originally Posted by devilplate

Duxton totally possible to cross 1mio for high flr 5rm

Nothing fantastic actually....yishun 5rm flat cross 700k much more exciting

Ya, if 5-rm Yishuan cross $700k, then those esp upgraders who bought really new launches like The Estuary and waiting for TOP, really double happiness..

**rattydrama** · 17-10-11, 18:38

not only that, the whole island will be very happy.

**land118** · 17-10-11, 18:44

Originally Posted by devilplate

Our clever govt can always reduce the hdb px by releasing 60yr hdb bto flat

I won't be surprised that this might just happen especially for those BTO 3rm and 4rm flats in the near future as they try to maintain low quantum and make it affordable...for young couples. Could see a pilot project to test test how people react..

Imagine, some of resales flats in very mature estates are already 30years or olders.., what is the difference if 60years lease, but new...

**Laguna** · 17-10-11, 20:17

Originally Posted by land118

I won't be surprised that this might just happen especially for those BTO 3rm and 4rm flats in the near future as they try to maintain low quantum and make it affordable...for young couples. Could see a pilot project to test test how people react..

Imagine, some of resales flats in very mature estates are already 30years or olders.., what is the difference if 60years lease, but new...

In fact, HDB has alr got the 30 years lease for the retirees...
perhaps will be like HK,50 years

**kane** · 17-10-11, 20:39

Originally Posted by rattydrama

not only that, the whole island will be very happy.

You bet. HDB flat owners across the island will rejoice. They're kids however...

**DaytonaSS** · 17-10-11, 20:43

Originally Posted by rattydrama

not only that, the whole island will be very happy.

not all bro. From what we have experienced, 90% damn happy. Those havnt buy or waiting to buy,damn unhappy!

**land118** · 17-10-11, 21:45

Originally Posted by Laguna

In fact, HDB has alr got the 30 years lease for the retirees...
perhaps will be like HK,50 years

Ya, HDB has "studio apartments" for retirees..., but of late, seem rather quiet on this segment...

**maisonjai** · 18-10-11, 00:21

Originally Posted by devilplate

Duxton totally possible to cross 1mio for high flr 5rm

Telok Blangah Towers also got chance, recently nearby 1976 5rm tx 810k.

**kane** · 18-10-11, 08:32

Originally Posted by land118

Ya, HDB has "studio apartments" for retirees..., but of late, seem rather quiet on this segment...

The segment that is more in need is the 3, 4 & 5 rms. I've hardly seen oversubscription in the studio segment.

**devilplate** · 18-10-11, 09:34

Originally Posted by kane

The segment that is more in need is the 3, 4 & 5 rms. I've hardly seen oversubscription in the studio segment.

bcoz the requirement for studio is pretty strict

**DaytonaSS** · 18-10-11, 10:22

Was wondering if this development touches 1400++ for say 3 bedder, r u guys surprise or happy for OCR PC owners?

**Laguna** · 18-10-11, 10:31

Originally Posted by DaytonaSS

Was wondering if this development touches 1400++ for say 3 bedder, r u guys surprise or happy for OCR PC owners?

uc the price at My Manhattan....in Sept..so the answer is understood

33 Simei Street 3 #01-19 506 $685k $1,354 Sep 23, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

35 Simei Street 3 #08-26 1,335 $1,500k $1,124 Sep 19, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

27 Simei Street 3 #11-06 1,076 $1,300k $1,208 Sep 19, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

27 Simei Street 3 Level 10 to 12

SRX 1,076 $1,330k $1,236 Sep 19, 2011 Under

Construction

**devilplate** · 18-10-11, 11:44

Originally Posted by DaytonaSS

Was wondering if this development touches 1400++ for say 3 bedder, r u guys surprise or happy for OCR PC owners?

i will be even more surprised if this project priced cheap cheap

i believe 1st phase 3bdr shd b priced from 11xxpsf.....later on got chance rise to 14xxpsf

euhabitat oredi done median price of 1190psf...this project shd top 300psf more?

**kane** · 18-10-11, 11:59

Originally Posted by Laguna

uc the price at My Manhattan....in Sept..so the answer is understood

33 Simei Street 3 #01-19 506 $685k $1,354 Sep 23, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

35 Simei Street 3 #08-26 1,335 $1,500k $1,124 Sep 19, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

27 Simei Street 3 #11-06 1,076 $1,300k $1,208 Sep 19, 2011 Uncompleted 99 Yrs From 11/08/2010 New Sale

27 Simei Street 3 Level 10 to 12

SRX 1,076 $1,330k $1,236 Sep 19, 2011 Under

Construction

1.5m for a small 4 bedder? I'm surprised. That's above OCR average.

**devilplate** · 18-10-11, 12:00

Originally Posted by kane

1.5m for a small 4 bedder? I'm surprised. That's above OCR average.

tats y very slow sales....

if its priced at 10-15% cheaper ...shd be at least 90% sold liao by now

**kane** · 18-10-11, 13:10

Originally Posted by devilplate

tats y very slow sales....

if its priced at 10-15% cheaper ...shd be at least 90% sold liao by now

And I thought lluxurie was pricey.

**DaytonaSS** · 19-10-11, 02:47

Originally Posted by devilplate

i will be even more surprised if this project priced cheap cheap

i believe 1st phase 3bdr shd b priced from 11xxpsf.....later on got chance rise to 14xxpsf

euhabitat oredi done median price of 1190psf...this project shd top 300psf more?

after all the excitment is over, will people suddenly realise this is bedok? shouldnt pay like $1400 psf or more? It will make Thomson Grand's effort look like a joke leh.

Since u quote Euhabitat, really pple pay 1190 psf for unit there? Or discount here n there and REAL psf is like 15-20% cheaper than list price? Buyers pay 900+ psf then see URA list price transact $1190 psf, pop whisky celebrate!!

**kane** · 19-10-11, 08:37

Originally Posted by DaytonaSS

after all the excitment is over, will people suddenly realise this is bedok? shouldnt pay like $1400 psf or more? It will make Thomson Grand's effort look like a joke leh.

Since u quote Euhabitat, really pple pay 1190 psf for unit there? Or discount here n there and REAL psf is like 15-20% cheaper than list price? Buyers pay 900+ psf then see URA list price transact $1190 psf, pop whisky celebrate!!

Agree that 1400psf is pricey, however 1200psf is no less pricey than 1400 if they pull it off. And 1100 seems to be the number floated to any projects near mrt.

**devilplate** · 19-10-11, 10:13

Originally Posted by DaytonaSS

Since u quote Euhabitat, really pple pay 1190 psf for unit there? Or discount here n there and REAL psf is like 15-20% cheaper than list price? Buyers pay 900+ psf then see URA list price transact $1190 psf, pop whisky celebrate!!

dun anyhow post lah....its illegal ok

only furniture discount will not be reflected in the final nett price listed in ura

**devilplate** · 19-10-11, 10:16

Originally Posted by DaytonaSS

after all the excitment is over, will people suddenly realise this is bedok? shouldnt pay like $1400 psf or more? It will make Thomson Grand's effort look like a joke leh.

wat u mean?

u trying to say this bedok project is inferior to TG?

**devilplate** · 19-10-11, 10:19

Originally Posted by kane

Agree that 1400psf is pricey, however 1200psf is no less pricey than 1400 if they pull it off. And 1100 seems to be the number floated to any projects near mrt.

trumps tx 11xxpsf for high flr 3bdr....one stop nearer to town but no mall and TOPed in 2005

if this bedok 3bdr launched at 11xxpsf....i wud say undervalued or trumps is overvalued?

no wonder resale market not moving?

**DaytonaSS** · 19-10-11, 15:41

Originally Posted by devilplate

wat u mean?

u trying to say this bedok project is inferior to TG?

i mean Cheung Kong-TG try damn hard to to make its proj look high class, build damn big showroom with marble all over the place then sell high high on Thomson Road but address is Sing min and market as luxury @ $1400 psf.

Capitaland just build a shopping centre below immediately can hit $1400(est) or higher liao and expect pple to q up for it.

This proj in my view got more attractive attributes like convenience, connectively and perhaps good rental attributes. So no, i dont think TG is better.

**phantom_opera** · 19-10-11, 16:36

agree with devilplate ... resale not moving because resale units are asking almost the same as developers anyway so of course ppl go for new sales lol

**kane** · 19-10-11, 19:12

Originally Posted by devilplate

trumps tx 11xxpsf for high flr 3bdr....one stop nearer to town but no mall and TOPed in 2005

if this bedok 3bdr launched at 11xxpsf....i wud say undervalued or trumps is overvalued?

no wonder resale market not moving?

Your comparison is valid. Taking a step back, it's astonishing that we're commenting that suburbia is undervalued at $1,100psf. So would you say luxurie is undervalued at $1,050psf?

**devilplate** · 19-10-11, 19:41

Originally Posted by kane

Your comparison is valid. Taking a step back, it's astonishing that we're commenting that suburbia is undervalued at $1,100psf. So would you say luxurie is undervalued at $1,050psf?

Nope...different location liao

Compass ht only tx at 8xxpsf just b4 luxurie was launched

**DaytonaSS** · 19-10-11, 19:55

Agent text me collecting cheque.good luck bros!!

**thomastansb** · 19-10-11, 21:23

But resale has 4-5 years of rental over new flats. If 4% yield, you will be getting a 20% off. I still don't understand why people buy new condos (except those good location) for investment.

Originally Posted by phantom_opera

agree with devilplate ... resale not moving because resale units are asking almost the same as developers anyway so of course ppl go for new sales lol

**devilplate** · 19-10-11, 21:31

Originally Posted by thomastansb

But resale has 4-5 years of rental over new flats. If 4% yield, you will be getting a 20% off. I still don't understand why people buy new condos (except those good location) for investment.

Similar px, i will take new launch....20% diff, i wud take resale....

But now wif ssd, i will buy none

**DaytonaSS** · 22-10-11, 09:39

Any price updates ?

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