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Thread: Mackenzie 88 (D9, Freehold, Galaxy Capital)

  1. #1
    Join Date
    Mar 2007
    Posts
    377

    Default Mackenzie 88 (D9, Freehold, Galaxy Capital)








    TOP soon. All small sizes.

    Floor Plans
    Type A1 (81 sqm)

    Type A (75 sqm)
    Type B1 (45 sqm)

    Type B (43 sqm)
    Type C1 (46 sqm)

    Type C (44 sqm)
    Type D1 (48 sqm)

    Type D (46 sqm)
    Type E1 (81 sqm)

    Type E (79 sqm)
    Type F1 (45 sqm)

    Type F (42 sqm)
    Type G1 (46 sqm)

    Type G (42 sqm)
    Type H1 (39 sqm)

    Type H (56 sqm)
    Type I1 (41 sqm)

    Type I (66 sqm)
    Type J1 (44 sqm)

    Type J (43 sqm)
    Type K1 (43 sqm)

    Type K (50 sqm)

  2. #2
    Join Date
    Oct 2006
    Posts
    27

    Default Re: Mackenzie (D9, Freehold)

    Where is this located and what is the psf?

  3. #3
    Unregistered Guest

    Default Re: Mackenzie (D9, Freehold)

    This is located on MacKenzie Road, just one block from MacKenzie 138. Average price was about $1000 psf. Just called the agent this morning, 100% sold out from developer. Agent didn't even want to entertain, just "sold out, bye bye".

  4. #4
    Unregistered Guest

    Default Re: Mackenzie (D9, Freehold)

    Quote Originally Posted by Unregistered
    This is located on MacKenzie Road, just one block from MacKenzie 138. Average price was about $1000 psf. Just called the agent this morning, 100% sold out from developer. Agent didn't even want to entertain, just "sold out, bye bye".

    NOT WORTH IT ! LOOK AT THE SIZES -WORST THAN A "DOLL HOUSE" -
    AND 1K PSF !!!! OR CALL IT A SHOE BOX....

  5. #5
    Unregistered Guest

    Default Re: Mackenzie (D9, Freehold)

    Quote Originally Posted by Unregistered
    NOT WORTH IT ! LOOK AT THE SIZES -WORST THAN A "DOLL HOUSE" -
    AND 1K PSF !!!! OR CALL IT A SHOE BOX....

    No doubt the size is small but heh it's selling at ~ $1K psf! How to find this kind of price around that area nowadays?! For a fact, it's all sold out so fast.
    With leasehold developments near MRT in not so central places asking $1kpsf and above in subsales, wouldn't it look like the developer underprice this project instead?

  6. #6
    Unregistered Guest

    Default Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    why not buy parc emily @ 1200psf

  7. #7
    Unregistered Guest

    Default Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    Quote Originally Posted by Unregistered
    why not buy parc emily @ 1200psf
    Parc Emily is a good choice too at $1200psf, given that u can't find anything under $1Kpsf in prime areas anymore.

    Don't be surprised by the relaunch price of coming new projects around that area by the big deveopers.

  8. #8
    Unregistered Guest

    Post Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    Quote Originally Posted by Unregistered
    Parc Emily is a good choice too at $1200psf, given that u can't find anything under $1Kpsf in prime areas anymore.

    Don't be surprised by the relaunch price of coming new projects around that area by the big deveopers.
    An agent told me that even if I offer at $1.4Kpsf now, I would not be able to get a Parc Emily unit. Is that true?

  9. #9
    Unregistered Guest

    Default Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    No the high 1200s you should still be able to get units, ground floor patio high 1100s to low 1200s you can also get.

  10. #10
    Unregistered Guest

    Default Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    don't you find this entire area very messy and complicated..... not very suitable for residential if you ask me. look how long parc emily took to sell out when the mkt was not so hot. in this mkt anything will sell out. but from a risk management perspective shouldnt you be looking ar something that will do well in both up and down markets including rentals and resale?

  11. #11
    Unregistered Guest

    Default Re: Mackenzie 88 (D9, Freehold, Galaxy Capital)

    Quote Originally Posted by Unregistered
    don't you find this entire area very messy and complicated..... not very suitable for residential if you ask me. look how long parc emily took to sell out when the mkt was not so hot. in this mkt anything will sell out. but from a risk management perspective shouldnt you be looking ar something that will do well in both up and down markets including rentals and resale?
    This area is just 5 mins drive away from Orchard. With the shortage of prime land now, they think this place would be left untouched?
    It is true that it is a sellers call in the crazy market now but this place has values to be unlocked. Just look at this place with a slightly longer perspective than short term.
    The negative factors you have mentioned could be gone in no time. In time, you'd see...

  12. #12
    Join Date
    Aug 2008
    Posts
    333

    Thumbs up

    LAST Developer's Unit release for a really FAST deal!!!

    1bdrm/495sqft selling below market value in comparison to sub-sale unit selling @ easily $1500-$1600psf while neighbouring projects selling @ $1600psf onwards! Beautiful Pool View!!! Less than 5 mins to MRT!!! High Rental Yield!!! 5% + 15%! NO Instalment required if Booking confirmed with OTP issued before this weekend!

    Kindly drop me a line @ 82818888 to present a immediate cheque offer!!! 1st Come 1st Serve!!!

    Cheers!

    Pet

  13. #13
    sigh. Guest

    Default

    must be lousy 0404 unit, right? Anyway 1.3kpsf is not cheap, who u want to fool?
    Quote Originally Posted by Petmail
    LAST Developer's Unit release for a really FAST deal!!!

    1bdrm/495sqft selling below market value in comparison to sub-sale unit selling @ easily $1500-$1600psf while neighbouring projects selling @ $1600psf onwards! Beautiful Pool View!!! Less than 5 mins to MRT!!! High Rental Yield!!! 5% + 15%! NO Instalment required if Booking confirmed with OTP issued before this weekend!

    Kindly drop me a line @ 82818888 to present a immediate cheque offer!!! 1st Come 1st Serve!!!

    Cheers!

    Pet

  14. #14
    Unregistered111 Guest

    Default

    Quote Originally Posted by Petmail
    LAST Developer's Unit release for a really FAST deal!!!

    1bdrm/495sqft selling below market value in comparison to sub-sale unit selling @ easily $1500-$1600psf while neighbouring projects selling @ $1600psf onwards! Beautiful Pool View!!! Less than 5 mins to MRT!!! High Rental Yield!!! 5% + 15%! NO Instalment required if Booking confirmed with OTP issued before this weekend!

    Kindly drop me a line @ 82818888 to present a immediate cheque offer!!! 1st Come 1st Serve!!!

    Cheers!

    Pet
    S$700psf i take

  15. #15
    UnregĄstered Guest

    Default

    Quote Originally Posted by Unregistered111
    S$700psf i take
    Add $130psf and make it $830psf. We give you The Quartz lah.
    Oops! Sorry! Just sold last month.
    No worry. We will get you another unit.

  16. #16
    quartz lousy Guest

    Default

    Mckenzie is D9, dont talk ppl into buying condo in cock locatn in suburbs
    Quote Originally Posted by UnregĄstered
    Add $130psf and make it $830psf. We give you The Quartz lah.
    Oops! Sorry! Just sold last month.
    No worry. We will get you another unit.

  17. #17
    Unregistered123 Guest

    Default

    The units are so small... are they built for dwarfs and pygmies?

  18. #18
    Unregistered111 Guest

    Default

    Quote Originally Posted by Unregistered123
    The units are so small... are they built for dwarfs and pygmies?

    Well....... I call it a $1300psf pigeon hole.

  19. #19
    Unregistered123 Guest

    Default

    Quote Originally Posted by Unregistered111
    Well....... I call it a $1300psf pigeon hole.
    I would call a coachroach hole. Too near the you know who for comfort.

  20. #20
    suits you Guest

    Default

    i think it suits you coz you are a cockroach

    Quote Originally Posted by Unregistered123
    I would call a coachroach hole. Too near the you know who for comfort.

  21. #21
    Join Date
    Aug 2008
    Posts
    333

    Default

    There will be no possibilities of getting any D9 properties @ 700psf at all anymore. current market transaction and selling price for D9 is way above 1500psf thus mackenzie88 is definitely the best buy. Even D11 new launches and resale are currently transacting averagely 1400-1500psf thus why would mackenzie88 not a good buy?

  22. #22
    in da know Guest

    Default

    Quote Originally Posted by Petmail
    There will be no possibilities of getting any D9 properties @ 700psf at all anymore. current market transaction and selling price for D9 is way above 1500psf thus mackenzie88 is definitely the best buy. Even D11 new launches and resale are currently transacting averagely 1400-1500psf thus why would mackenzie88 not a good buy?
    there isn't a set-in-stone progression in property prices that says district 9 properties MUST be more expensive than district 11 properties as there is considerable overlap in prices.

    so your assertion that "even D11 prices are at such and such prices, so how can any D9 property at those same price be any worse" is fundamentally flawed.

    many D11 properties in bukit timah are actually more expensive and desirable than an emily, sophia or mackenzie property in D9.

    you have to stop thinking that D11 applies only tp novena and balestier area. those two are but only a small part of D11. the bulk of D11 is the low rise housing areas along and inside dunearn road. some of these are so prime that D9 emily and the rest pales in comparison. for example: barker and chancery area (ACS), trevose area (SCGS and opp. botanical gardens), shelford area (opp. nanyang pri and HCI) watten area (RGPS), and hillcrest area (opposite sixth ave, and has all landed housing, plus greenwood dining area).

    the only thing no good about this big part of D11 is that there are relatively fewer condos.

  23. #23
    UnregĄstered Guest

    Default

    Quote Originally Posted by in da know
    there isn't a set-in-stone progression in property prices that says district 9 properties MUST be more expensive than district 11 properties as there is considerable overlap in prices.

    so your assertion that "even D11 prices are at such and such prices, so how can any D9 property at those same price be any worse" is fundamentally flawed.

    many D11 properties in bukit timah are actually more expensive and desirable than an emily, sophia or mackenzie property in D9.

    you have to stop thinking that D11 applies only tp novena and balestier area. those two are but only a small part of D11. the bulk of D11 is the low rise housing areas along and inside dunearn road. some of these are so prime that D9 emily and the rest pales in comparison. for example: barker and chancery area (ACS), trevose area (SCGS and opp. botanical gardens), shelford area (opp. nanyang pri and HCI) watten area (RGPS), and hillcrest area (opposite sixth ave, and has all landed housing, plus greenwood dining area).

    the only thing no good about this big part of D11 is that there are relatively fewer condos.
    Let me tell you something. This guy talks sense.

  24. #24
    UnregĄstered Guest

    Default

    Quote Originally Posted by Petmail
    There will be no possibilities of getting any D9 properties @ 700psf at all anymore. current market transaction and selling price for D9 is way above 1500psf thus mackenzie88 is definitely the best buy. Even D11 new launches and resale are currently transacting averagely 1400-1500psf thus why would mackenzie88 not a good buy?
    Buy at $700psf? Can lah!
    You can try Livia in Pasir Ris.
    One unit just sold at $702psf last month.
    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of September 2008

    Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Livia ................. OCR ....... 9 ............................... 702 ................ 677 ............... 646

  25. #25
    Join Date
    Aug 2008
    Posts
    333

    Thumbs up

    I do agree not all the d11 will be lower than d9 but we have to be open and look at the average. there are also transaction within d9 which were reported to be transaction way above 4000psf as well. taking an average to be the guideline if we would like to make a market comparison. outskirt against outskirt. heart against heart in the district. I would have to make comparison against many other district like D15, D4, D3, D2, etc and you also realise that most of their average transaction is also way above the price of mackenzie but then also of course taking their average would seem that their price is not comparable to D9 already. Just my two cents worth!


    Pet

  26. #26
    UnregĄstered Guest

    Default

    Quote Originally Posted by Petmail
    I do agree not all the d11 will be lower than d9 but we have to be open and look at the average. there are also transaction within d9 which were reported to be transaction way above 4000psf as well. taking an average to be the guideline if we would like to make a market comparison. outskirt against outskirt. heart against heart in the district. I would have to make comparison against many other district like D15, D4, D3, D2, etc and you also realise that most of their average transaction is also way above the price of mackenzie but then also of course taking their average would seem that their price is not comparable to D9 already. Just my two cents worth!


    Pet
    Sounds logical.

    Anyway, we can agree that "in general", D9 > D10 >D11 >D15. However, there are exceptions depending on the locations.

    For instance, we can says "in general" that LH99 condos in D9, D10 and D11 are priced higher than LH99 condo in D15 (e.g. Silversea listed below).
    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of September 2008

    Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Silversea .......... RCR ........ 11 ............................. 1,780 ............. 1,400 ........... 1,307
    Quote Originally Posted by Transformer
    Oh no! Look at this! $1,780psf!

  27. #27
    Join Date
    Aug 2008
    Posts
    333

    Default

    that's the reason why I do have to comment that if we talk about mackenzie88 in comparison to Silversea than do you agree that property investment value in terms of district and tenure its a much better buy? 1350psf against 1780psf, 99LH against FH... By the time it TOP I supposed that the tenure for silversea will be left with approx. 94years only. while mackenzie88 after 20 years will still be... FH!!!


    Pet

  28. #28
    not a gd gauge Guest

    Default

    prices vary widely frm in same place becoz of many factors like age, tenure, flr level, facilities in cndo, interior finishng etc. Does it mean that if a new cndo is built amongst a lot of old developments the price shud also nt deviate far frm the average prices in that area? For example how could u compare St Regis with those old and tattered pte apartments in that area?
    Quote Originally Posted by Petmail
    I do agree not all the d11 will be lower than d9 but we have to be open and look at the average. there are also transaction within d9 which were reported to be transaction way above 4000psf as well. taking an average to be the guideline if we would like to make a market comparison. outskirt against outskirt. heart against heart in the district. I would have to make comparison against many other district like D15, D4, D3, D2, etc and you also realise that most of their average transaction is also way above the price of mackenzie but then also of course taking their average would seem that their price is not comparable to D9 already. Just my two cents worth!


    Pet

  29. #29
    wrong way to value Guest

    Default

    valuers shud change the way they value pty as it is flawed. They use average transactd price in e area to determine their valuation failing to take into consideration future development potential in the area. Sme areas could have really old apts with low psf pricing but if a developer comes along n wants to construct a 2k psf cndo in that area with high quality lifestyle, does it mean that banks will still look at surrounding developmts to value the pty? It shud be ths new hi end project that brings up the price n nt the old projects bringng down the price, rite? Do share ur views

  30. #30
    Unregistered 2205. Guest

    Default

    RENTAL SPECIALIST-ready tenants with good budgets.

    Single, PR/EP holders from SEA urgently looking for rooms appts in all areas.

    Owners pls call 9181-2205.

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