Duo Residences,99LH, M+S Pte Ltd [Ophir-Rochor]

[DuaNehNehChioBu]

Jealous ???

Yeah you jealous that i own corals @ keppel bay

Wasted my 1 min responding to a TWIT

[tradert]

buy Duo. SB although one mrt station away is in a different league.

Visited DUO showflat today, was told that only left 3 bedders and above. Agent told me Marina One will be priced higher and more prime. Will Marina South be the next super prime?

[WhoAmI?]

Visited DUO showflat today, was told that only left 3 bedders and above. Agent told me Marina One will be priced higher and more prime. Will Marina South be the next super prime?

How many units left?
I thought fully sold? Still has open house yesterday?

[minority]

I think many bros here r comparing duo with what u purchased in the past?

u have to stand in a tenant shoes and view it. yes Duo is nice and newer. but for it to be decently break even rental studio have to go for ard $4K. depends on interest in 2017. Which can only be higher than now.

So if u are a tenant that is renting a studio. usually means is mid managment. budget is typically 4K.

So if a South bank can go for rental of 3500-4K while a Duo 4K-4.5K and the Southbank unit being bigger and top floor view is no less worst off.

a 500-1K saving for the tenant can be a deal breaker.

If interest rates move up. the Duo owner yield will be cash negative possibly.

[Singleton]

u have to stand in a tenant shoes and view it. yes Duo is nice and newer. but for it to be decently break even rental studio have to go for ard $4K. depends on interest in 2017. Which can only be higher than now.

So if u are a tenant that is renting a studio. usually means is mid managment. budget is typically 4K.

So if a South bank can go for rental of 3500-4K while a Duo 4K-4.5K and the Southbank unit being bigger and top floor view is no less worst off.

a 500-1K saving for the tenant can be a deal breaker.

If interest rates move up. the Duo owner yield will be cash negative possibly.

But current Southbank studios/1roomers high flr asking 2000-2200pfs bet $1.25-1.4m, quantum not much diff from Duo 1 roomers. In addition, shorter lease remaining, plus some views will likely to get blocked when surrounding HDBs get rebulit, plus new PCs coming up in the area.

So in theory, would Southbank still represent a better buy than Duo right now or both also land up with cash negative?

[tradert]

How many units left?
I thought fully sold? Still has open house yesterday?

Showflat is still there at Fraser Street (junction of Ophir Road and North Bridge Road), only bigger units and higher quantum left.

[tradert]

u have to stand in a tenant shoes and view it. yes Duo is nice and newer. but for it to be decently break even rental studio have to go for ard $4K. depends on interest in 2017. Which can only be higher than now.

So if u are a tenant that is renting a studio. usually means is mid managment. budget is typically 4K.

So if a South bank can go for rental of 3500-4K while a Duo 4K-4.5K and the Southbank unit being bigger and top floor view is no less worst off.

a 500-1K saving for the tenant can be a deal breaker.

If interest rates move up. the Duo owner yield will be cash negative possibly.

Buying DUO is for capital appreciation, not for those wanting positive cashflow.

[Arcachon]

some views will likely to get blocked when surrounding HDBs get rebulit, plus new PCs coming up in the area.

So in theory, would Southbank still represent a better buy than Duo right now or both also land up with cash negative?

Don't understand, which views will likely to get blocked.







don't understand, which views will likely to get blocked.

[newbie11]

Buying DUO is for capital appreciation, not for those wanting positive cashflow.

We r probably the only city globally left with 1.3% int rates hence positive cash flow is possible. Especially if 50% ltv. To me, it's the absd. Too much capital tied up

[thomastansb]

No la. You can still get stack 6 around 1M or Citylights studio at the same price too. So if you get SB or CL at 1M, and collect rental for 3.5 to 4 years, it is much cheaper than Duo. But of course, the location is not comparable. Duo is in a superb location. And Duo studio layout is crap.

But current Southbank studios/1roomers high flr asking 2000-2200pfs bet $1.25-1.4m, quantum not much diff from Duo 1 roomers. In addition, shorter lease remaining, plus some views will likely to get blocked when surrounding HDBs get rebulit, plus new PCs coming up in the area.

So in theory, would Southbank still represent a better buy than Duo right now or both also land up with cash negative?

[Singleton]

Don't understand, which views will likely to get blocked.


don't understand, which views will likely to get blocked.

Not meant directly blocked. Views of flyer/seaview coastline possibly partly blocked by new developments, but that will be some years away.
SB views definitely better than DUO

[Singleton]

No la. You can still get stack 6 around 1M or Citylights studio at the same price too. So if you get SB or CL at 1M, and collect rental for 3.5 to 4 years, it is much cheaper than Duo. But of course, the location is not comparable. Duo is in a superb location. And Duo studio layout is crap.

Agree but not aware that there is a 1M unit for sale at SB either currently or for the past year. There was one at 1.06M >1.5 yrs ago.

[DuaNehNehChioBu]

Not meant directly blocked. Views of flyer/seaview coastline possibly partly blocked by new developments, but that will be some years away.
SB views definitely better than DUO

SB location - LOUSY SHIT

SB AMENITIES - SUCKS TO THE CORE

Well to some people views are important, but to the others...... not the main issue.

[DuaNehNehChioBu]

Agree but not aware that there is a 1M unit for sale at SB either currently or for the past year. There was one at 1.06M >1.5 yrs ago.

Aiyo, why worry since DUO PRICES VERY LIKELY going to SHOOT UP like ROCKET before TOP....After TOP....LOL $$

[minority]

I am predicting a similar rental for studio vs Duo's 1 bedder. Probably around 3.8 to 4k for the 1 bedder. For Duo's studio, maybe 3 to 3.5k rental because the studio layout really CMI.

No lah.. the Duo Rental will be higher than south bank given its newer. but only marginally higher.

but yield wise. south bank will be better for the 1st owners lah.

[LiveYoung]

It's co-developed by single most powerful corp in the country. It will become landmark building after completion given its location, mixed use concept and designer look. It's in a totally different class than majority of the condos. All these factors will contribute to make the filthy rich want to buy one here as a symbol of having taste or showing off whatever. Do they use a calculator to do up the projected rental yield or capital gain? More unlikely than likely. But I can sense those who buy will win big time, as it's a once 10 year thing. Given it's rarity, it will surely appreciate all the way to most north. That's why you become richer and richer when you are rich. Look at Jackie Chan's Singapore real estate portfolio then you will have a hint.

[Adva181]

The rich who dun press calculator will not be interested in small unit either.
For feel good rich people, they go for the bigger units.

[LiveYoung]

The rich who dun press calculator will not be interested in small unit either.
For feel good rich people, they go for the bigger units.

Don't underestimate the buying power of 2nd generation rich kids also. 1 bedder or suite is in a league of its own, which may look appealing to them. Many affluent students rent and live in private suite during overseas study.

[CCR]

Prices adjusted upwards between 5-10% for those units, and were subsequently immediately balloted off again at these higher prices, hat were returned, now left 3-4 bed big units. The last I heard about 58 units left

[ecimbew]

All these views will be gone once Kampong Bugis is developed. Have you seen the plot ratio in the new masterplan?

Don't understand, which views will likely to get blocked.







don't understand, which views will likely to get blocked.

[newbie11]

Look at Jackie Chan's Singapore real estate portfolio then you will have a hint.

his portfolio v gd meh? centennial, twin peaks, the legend?

[ecimbew]

Something caught my eye

Did you notice 2 shoulder baring women on the swimming deck level with a photographer? Quite chio

Don't understand, which views will likely to get blocked.



don't understand, which views will likely to get blocked.

[hanafi_d2000]

they may not be womyn from the way they stand & size of their soleus

[CCR]

Does anyone have any news on which hotel group will manage DUO? All major 5 stars hotel already in Singapore so wondering whether it will be a new hotel brand or existing brands

[sunboy77]

Does anyone have any news on which hotel group will manage DUO? All major 5 stars hotel already in Singapore so wondering whether it will be a new hotel brand or existing brands

No news yet.

[sunboy77]

First penthouse sold today.

[CCR]

First penthouse sold today.

Wow ur news so updated.... how many units Left? And any guess who will Be the Hotel? If it's W then gonna be cool

[panamera]

Wow ur news so updated.... how many units Left? And any guess who will Be the Hotel? If it's W then gonna be cool

Park Hyatt?

[CCR]

Park Hyatt?

If really park Hyatt then will be damn high end and cool... actually location quite suitable for park Hyatt.... exotic enough for park Hyatt, not the usual mundane location

[CCR]

Does anyone has any update on this project ?