ECO at Bedok South near Tanah Merah MRT (FEO)

[carbuncle]

simple la. son is owner. laguna is borrower. backed by assets (which he has a lot)

[phantom_opera]

So it's 1188psf x 0.86 = $1022psf?
Near met at this price and best stack some more.. Good buy!

no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true

[bakasa2002]

1br (4xxsqft / 5xxqft) in Optima/MM transacted at 7xxk and yes ... ECO is a far superior project especially for own stay with primary school kid

Highest psf for MM/Optima
For MM
$1,462 PSF IN MAR 2011 FOR A 441-SQFT UNIT
For optima
$1,517 PSF IN JUN 2012 FOR A 484-SQFT UNIT

If for own stay with kid should be looking at bigger unit lah, 1br too small le. my

[bakasa2002]

no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true

1022psf it will have been sold out by now ... I agree w Phantom bro should be 1188nett.

[Emma]

any idea how many units they sold yesterday? i think almost all the condo units were sold when i left yesterday. my stack was left with the upper most level.

1022psf it will have been sold out by now ... I agree w Phantom bro should be 1188nett.

[Emma]

What does Balance units mean?

BR is with balance units, no good choice.

I don't like this as nested in HDB, the facilities will be free to a lot of people.


It depends on your needs.
If for own stay, should take a 3 BR proper.



NO



ya, asset based lending for him, can get 80%

[Laguna]

208 units done yesterday
discount now 10+2
yesterday 14+2

[carbuncle]

yi ri ru yi nian

one day is like one year in SSD (4%)

ouch.

[kane]

Time to guess number of units sold in September with such response at eco. Maybe 2000?

[Emma]

I think they launched 270 units yesterday.
is this considered good response or exceptional response?

208 units done yesterday
discount now 10+2
yesterday 14+2

[carbuncle]

oh Laguna I think your son quite tall in dark green tee gesturing at the stack you bought with his white iphone.... lol

anyway next to watch out is Riversails and Kovan Regency.... !

[hopeful]

since FEO is famous for future pricing, wont ECO's launch price be taken as an indication that future price is going down.

[DC33_2008]

The timing of this is quite good for them. There will be 10,000 units there and just hope for the best. Fall back plan is to take over my properties.

How old is that? And what if after all the wait you don't get a unit after balloting?

[bakasa2002]

hmm, so to sum up the sales 2br is about 1mil and 3br is about 1.3mil after discount? Did I get it right?

[phantom_opera]

hmm, so to sum up the sales 2br is about 1mil and 3br is about 1.3mil after discount? Did I get it right?

the 2br is 872sqft and 3br is 1000+sqft?

how about SOHO? what is the size and quantum like? is there a 2br SOHO here?!

nowadays so complex got 1br, 1br SOHO, 2br compact, 2br SOHO, 2br premium

[DC33_2008]

The architect, Ken Yeang, is a well-known for his green eco design of this project. Last project in Singapore is the National Library Board HQ in Victoria Street. Is it opened to public this weekend? Thought of going down.

208 units done yesterday
discount now 10+2
yesterday 14+2

[chestnut]

The timing of this is quite good for them. There will be 10,000 units there and just hope for the best. Fall back plan is to take over my properties.

DC, simple advise. During recession or when prices are low, just ask your son to get private. During very good time, get them to ballot for HDB. Please dont ask me when the price is high.... You have to make assessment on your own. But I am sure you will know when the prices are low. Be flexible in your decision making.

If you need my explanation on the above, PM me.

[DC33_2008]

Obviously, besides location the entry price is the second most important. Otherwise, I would have bought more in the last two years.

DC, simple advise. During recession or when prices are low, just ask your son to get private. During very good time, get them to ballot for HDB. Please dont ask me when the price is high.... You have to make assessment on your own. But I am sure you will know when the prices are low. Be flexible in your decision making.

If you need my explanation on the above, PM me.

[Laguna]

no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true

ya, 1188 is the net
I hv 4% saving alr,

[bakasa2002]

ya, 1188 is the net
I hv 4% saving alr,

Your boy made 4% in a day! Congrats!

[phantom_opera]

Your boy made 4% in a day! Congrats!

that is scary only with FEO

[Laguna]

Your boy made 4% in a day! Congrats!

I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.

And he also seriously looking into what sort of gf as well.

Money well invested in him.

My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.

[Laguna]

that is scary only with FEO

ya, that is $66,800 saving in less than 24 hours

[propertychap]

I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.

[Emma]

yeah actually what is the difference between 2 bedroom suite and 2 bedrooms?
maybe it's the kitchen size? 2 bedrooms have the optino for open or closed kitchen whereas suite is only open kitchen.

I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.

[Emma]

hi laguna what was the total discount you got?

ya, 1188 is the net
I hv 4% saving alr,

[august]

I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.

is more like a 1+1

[yowetan]

I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.

And he also seriously looking into what sort of gf as well.

Money well invested in him.

My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.

I concur; This is why my parents and in-laws empowered me and my wife to use their rental income to manage our finance and building for a better future. We see beyond my generation, we are investing in the next generation.

[bakasa2002]

I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.

I m not a feo fanboi, only check out the condo yesterday but perhaps this breakdown of suites, soho, condo, loft and townhouse will help u. Any feo proj owner care to explain?

http://newlaunchguru.com/eco

Not advertising for this agent but this is the only site I can find floorplan online but no dimensions lah.

http://www.ecocondosingapore.com/floor-plans/

[Laguna]

discount now is 10+1%

my boy is sitting in the showflat, enjoying the sales and dropping in discount and he told me : the saving is $80,000, and I can buy a car alr....

How many years for a ave fresh graduate to save cash of $80,000, at least 4-5 years...and FEO made it for my son within 24 hours...