Check out One St Michael's, a FH projected completed in 2010 with full facilities just beside RR. The psf is very low.Originally Posted by price
Check out One St Michael's, a FH projected completed in 2010 with full facilities just beside RR. The psf is very low.Originally Posted by price
Yes absorb . QUOTE=Xan]Is stamp duty absorbed when u buy R38?[/QUOTE]
I tried seeing google map & even went to a nearby blk to chk out the possible view that the high floor 3 bedroom unit will get. But I don't seem to be able to get what the developer proclaimed -- marina financial district / flyer view.Originally Posted by carbuncle
Did I see wrongly or missed out on the angle? Any bros/sis expert in that area can comment? Tia!
S'pore Flyer/ Marina Bay Sands view is definitely blocked by 3 blks of 40 sty CityLights + Concourse. Should be able to see Sail, ORQ business district areas.Originally Posted by ozcraze
What's so bad about MSCP when you have 843 units ?.This is not the copycat HDB MSCP. Also the MSCP has good hanging landscrape n greenery which is done in very tasteful fashion. Sorry, I am not defending this project as I have no vested interest yet. Yes, to the few bro/sis, who qns about $560K unit, Yesterday I asked my agent n he confirm that unit still available , not sure now.Originally Posted by phantom_opera
just back from the showflat. below 600K is for very low floor units.
but for investment is ok i guess. Is balestier a better location than this?
So means that those 560k units are those very low floors and face MSCP?Originally Posted by propertychap
i dont understand why people doubt it when one says there were units for 560k?? lol
VVIP had units sold for 540k lowest. of course low floor units. cant expect high floor city view selling cheaper than low floor ones right
Actually dont understand why u get so worked up when some people starts to ask in more detail and you took it so personal.Originally Posted by price
The reason why I ask is because R38 sold at 517k is a 11-15 floor. (who told you lowest floor must always be cheapest and must always launch in preview, some projects launch high floor during preview as well)
By comparing lowest R38 and 8R will give the people here a clearer picture.
If u take it so personal just because I disagree that 8R is better R38. U can ignore my post.
I stay in the vincinity of Leicester rd. R38 is good for own stay ok lah but very difficult to convince tenants to walk the long and winding route ..day and nite ..jin jiak kan kioh ...Originally Posted by Xan
Its even more difficult to convince your future buyer to buy a LH property (8R) which is more expensive than a almost FH property (R38) when they are around that vincinity.Originally Posted by alamak
I am not vested in this area as well, but just to share the amenities which could be found in the Boon Keng market vacinity:
Hawker centre with great foods, MacDonalds, KFC, UOB Bank, DSB Bank, POEMS, Watsons, 7-eleven, Bengawan Solo, Clinics, Saloon/barbers, mini-marts, medical stores, 4-D shop (LOL) and several others .... Quite a self sufficient centre
What a weird location to have POEMSOriginally Posted by zeamybro
The amenities are actually good for residents. Compared to those integrated with malls where you get expensive and lousy food court, retail shops you hardly patronize. The only "downside" to BK area is the lack of a supermarket. That would complete the listOriginally Posted by zeamybro
Uncle, initially i thought so too, but i learnt from friends that there are quite a number of units there (above the shophouses) which are rented to trading companies as offices ... i guess that also explains why the 2 banks are thereOriginally Posted by carbuncle
bro when did i take it personal? haha i merely state that i did not understand. anyway i didnt say launches dun release high floor stacks.Originally Posted by Xan
Originally Posted by Xan
I understand where you are coming from. I stay in a FH and fully understand your sentiment on this issue. R38 is not too bad considering the location( dist 12 but accessibility a liitle bit of issue). Hence it is ok for own stay. But if it is for investment rental purpose, then accessibility and amenities are key consideration, never mind the LH or almost FH sentiment. There are'nt many FH or 999 LH and this always come at a premium.
Bro Phantom, just a friendly correction, Waterbank@Dakota is also multi-storey carpark, in case you are keen in that projectOriginally Posted by phantom_opera
MSCP for rentals shldnt be much an issue, esp for city-fringe projects which i assume most tenants would take MRT instead of driving, but for own-stay, basement carpark would definitely be better
Ah tanks for enlightening ah boyOriginally Posted by zeamybro
Ok, a pretty fair statement.Originally Posted by alamak
My take is investment or self stay always need to balance out in many aspects.
Cannot just see rental and ignore the future selling part.
Buying property is sentiment driven. Seriously like bro noexit had shared, I wouldnt be surprise those aunties/uncles starts to question for the FH/LH status. They might be your future buyers as these people are always the cash rich.
If the unit I'm going to rent faces the MSCP, I will mind honestly.Originally Posted by zeamybro
Some units in cote d'azure faces the parkway carpark is already a turn off.
Yeah me too, cant imagine staying in a unit that faces the MSCP everyday, haha.Originally Posted by Xan
But i guess investors who bought theseunits say at 50K cheaper, could afford to rent out at $200-300/mth cheaper, there will still be tenants who are willing to take up these units due to the proximity to the MRT/Town.
Anyway, my take is every project (or even every unit) has its own potential ie. if you buy high now, you sell high next time & if you buy low now, you sell low next time......
The same cash rich uncle/aunties also will tell you " So far from main road..if no body drive me .. .MRT also so far away ...at nite or if raining ..so dark how to walk ? .. want to call taxi ..also so kan kiok ..taxi uncle also don't know where Mar Thomas Rd ?? in St Michael estate how ? how ?" They will ask this qn first before they think about the 99LH/999LH issue. Any way, I rest my case here. Cheers !!!Originally Posted by Xan
Yea, every project comes with some trade-off.Originally Posted by alamak
Anyway there is no lousy project there.
I think not many people touch the "hedge" for the same reason when it is surrounded by so many FH condos A-G. The stigma is always there.
Just trying to compare which one is more worth buying.
Shall not comment further and thanks for all the pricing info. Save my trip of going down to find out.
Cheers
Last edited by Xan; 07-05-12 at 16:48.
UNITED Engineers is said to have sold about 200 units at its Eight Riversuites condo project in Whampoa near Boon Keng MRT Station, which previewed over the weekend, according to market reports.
Reports of the project's average price after discounts varied, with some suggesting it was around $1,300 psf, while others said it was closer to $1,400 psf. The company declined to comment.
Estimates of the number of units sold in the project, too, varied.
A UBS Investment Research report issued yesterday morning put the figure at "more than 200 units" and the average price at $1,400 psf after a 5 per cent early-bird discount.
Market is always right ... if really 200 units is way better than R38
Basically 8R is comparable to RR in terms of response
Ride at your own risk !!!
cheap might not be gd? pple dun mind paying more for close to mrt so bo hiew R38?Originally Posted by phantom_opera
Yeah ... rental is much more important ... R38 more own stay but you need 2 cars or two bikesOriginally Posted by dtrax
Ride at your own risk !!!
there is seng siong supermarket beside the upstream of the river. and NTUC fairprice at Kallang Bahru, downstream of the river (in the HDB estate behind the Kallang River Vista.Originally Posted by insigina
R38 is really quite far in, along Mar Thoma Rd and next to the busy CTE slip road, without any amenities and near a temple. FH status is no longer highly featured in today's buying decisions.Originally Posted by dtrax