Hmm...Originally Posted by DC33_2008
Buy those without herd's attraction.
Now I'm confused.
I tot Alexandra road is the latest hot area to invest in? Understand lot of cheques have been received.
Newbie
Hmm...Buy those without herd's attraction.
Now I'm confused.
I tot Alexandra road is the latest hot area to invest in? Understand lot of cheques have been received.
Newbie
Is it right? I thought this applies to HDB because of the nucleus family thing. For private, should be ok for each to own 1 to avoid ABSD. If a person has only the title deed in his name, can the spouse claim that he/she has a share?
Not exactly the same example found here:
http://www.iras.gov.sg/irashome/page04.aspx?id=12826
mutant powerpuff
Ooops, sorry wrong info.
Thanks for pointing out what I misunderstood.
This table illustrates it clearly what you have pointed out.
http://www.iras.gov.sg/irasHome/page04.aspx?id=12846
Newbie
try to get stg near Marina bay area.. if you are still not sure of the development scale that is going on there, check out V on shenton showflat at The Gateway building (bugis).
The showflat agents will happily educate you on all the infrastructures being prepared for that area.
try to get place with growth prospects.. Tiong Bahru not much growth anymore (except build more condo and vicinity to town.)
RV the lower delta side, aside from potential vicinity to Thomson line MRT development, nth exciting as well in my opinion.
I somewhat concur with BJ21, if you die die want FH, get RV mohamad sultan area (along the river). Otherwise get a 99 LH at Marina Bay area.. current yield close to 5%. pretty good comparitively to other parts of SG, based on current prices..
Senior
Will invest in these two places.
Newbie
Yea.. The longer u wait, the lower yield becomes. Because of inaction, inflation and opportunity cost will diminish ur buying power.
If you want to wait for property to crash, need to wait for quite a long time. At least until prices have peaked out.. And for price to decrease to desired purchasing level. Got to be very very patient.
If you wan u can use car COE price as an indicator.. Do u think it will decrease within the next 2 years?
Junior
Dear brother Ricade,
You know what? YOU ARE DAM RIGHT!
We are in the new age of asset paradigm shift. Paradigm shift as the new asset very much sought after in our New World shall be property.
At the current moment, we see the fears, the lies, and more lies. Which in actual fact, my THIRD EYE and me knew very well that all these are but signs of a NEW ASSET PARADIGM SHIFT !
No class of asset existed in our World today, NOT even GOLD, can match a Lion/Singapore property. Singapore property is the ultimate asset in our resource depleting World that the signs are all but emerging very fast right here right at this moment!
TO BE CONTINUED.
Junior
When you buy a Singapore property, you buy with it the following:
1) SECURITY- as in lowest crime rates in the World
2) EFFICIENCY- as the most effective government in the World
3) EDUCATION- as in the best educational facillities in the World
4) HEALTHCARE- as in the best surgeons in the World
5) STABILITY- as in the most political and social stable city in the World
6) EMPLOYMENT- as in full employment in the World
7) ECONOMY- as in the most self substaining domestic economy in the World
8) INFRASTRUCTURE- as the worldclass transporation in the World
9) BANKING- as the most secured banking in the World
10) CURRENCY- as the safest haven in the World
11) IMMUNITY- immunity from Natural disasters!
Every Singapore property you buys, come with the 11-points package above.
Yes, in our resource depleting World, the richest country shall be the only country that can feed her residents. And Singapore is the few remaining ones left.
MARCH 2013- MASS EXODUS OF THE SUPER-RICH TO THE LION CITY.
TO BE CONTINUED.
Junior
1) SECURITY - You do not want to stand along the roadside eating ice-cream ONLY to be shot by a machine gun, do you?
2) EFFICIENCY- You don't want to bribe your ways through the layers and layers of officials to get your business license, do you?
3) EDUCATION- You don't want to send your children to schools only to find them coming home with an empty school bag, do you?
4) HEALTHCARE - You don't want to wait forever for a dentist appointment and walk around with 2 missing front teeth, do you?
5) TO BE CONTINUED TOMM.
神龙股侠。
NIL SINE LABORE!
Once a Victorian, Forever a Victorian !
Newbie
Check out this article also carried on another thread 'orchard rd feels the heat'
This is the excerpt of the article regarding Bay Area..
The up-and-coming Marina Bay precinct
MEANWHILE, in the city centre, the buzz in the Marina Bay area is growing and attracting its fair share of the tourist crowd.
The big advantage that Marina Bay has, according to the Orchard Road Business Association (Orba), which represents the interests of mall developers in Orchard Road, is the "top-down approach" taken with the new precinct.
"It's a very well-planned development, with supporting facilities," said Orba director Steven Goh.
"They have an advantage, as it is a vast piece of land, part and parcel of an overall plan that the Urban Redevelopment Authority (URA) has for the area."
By comparison, Orchard Road cannot start with a clean sheet and so faces numerous constraints. Only two undeveloped land parcels are left, and 13 of its 49 malls are strata-titled - a form of ownership for multi-level blocks that can make redevelopment difficult.
Mr Goh said he is pushing the Government to widen Orchard Road's emphasis beyond shopping, by including more leisure components.
But plans to rejuvenate the street - such as by developing underground shop-filled linkways or "pedestrianising" sections - have remained just plans.
To some degree, developers and landlords have only themselves to blame. Underground links, for instance, have not been built because of the worry that they could funnel customers out of one mall into another.
There are also concerns about unexpected costs when weaving over and under utility pipes.
In contrast, the masterplan for the Marina Bay area was laid out as early as the 1990s, as the land was left to settle post-reclamation.
As a result, a mix of commercial, residential, hotel and entertainment facilities ensures that the area is vibrant round the clock.
Supporting developments, including the Marina Bay Sands integrated resort, Gardens by the Bay, Marina Bay Financial Centre and the Marina Bay Cruise Centre have opened.
Building heights are kept low along the waterfront. A common services tunnel housing utility services was also built, ensuring no repeated road digging, and the underground Marina Bay Link Mall links Raffles City MRT to the Marina Bay Financial Centre.
URA's Place Management Department is also focusing on the "software" for the area.
This includes coming up with a calendar of events for public spaces and water bodies in partnership with the private sector. Signature events like the Marina Bay Singapore Countdown and i-Light Marina Bay have been held as a result.
The potential of the area has been marred by some problems, such as inadequate and prohibitively expensive parking.
But while Orchard Road still clearly trumps Marina Bay as the main shopping area in Singapore, it has to stand for more than that to stay relevant, said Professor Bernd Schmitt, executive director of the Institute on Asian Consumer Insight.
"The Marina Bay area is an interesting one. There's the laser show, the crystal pavilions, the Avalon nightspot, and Gardens by the Bay is next to it," he noted.
"When you look at Orchard Road, it's just a traditional shopping street.
"Is Orchard Road broken? No. But over time, people might view it as the old shopping street, as 'old Singapore'," he said.
In the meantime, owners of high-end shops like Limited Edt Vault, which sells designer trainers, view the Marina Bay precinct as the place to be.
Owner Mandeep Chopra, 35, who originally had two outlets in Orchard Road, decided to move out of The Heeren in 2010 and into Marina Bay Sands that same year.
"The area has a luxurious feel and we felt it had a good fit with our brand. The precinct also gets a lot of tourists," he said.
Office Boy
Richade vested in Marina Bay area ?
BJ21 - You dont join EDB also damn wasted ar !
DKSG
Posting from next to the River ...
Newbie
I went to showflat of V@shenton a month ago, but the studio flat with the layout I like is sold out. I didn't like the other layouts/also bigger and more pricey. Figured the rental yield will not be as good.
Have not tot of the other developments. Googled One Shenton but the reviews on property guru not good. Said its noisy, and poor finishes with problematic units.
Marina Bay Residences is much higher priced.
How do you guys see Concourse Skyline? The psf is not too bad but the units are much bigger, so the yield will lose out to V@Shenton . The agent said they sell luxury living. But methinks who will choose luxury living next to Golden Mile area??
As for Robertson Quay area, I am eyeing Watermark Robertson. 2 bedders quite good value. And its FH. Yes, I'm proud to declare meself a FH-lover!
Newbie
Why March 2013 ah?
What's happening then?
Newbie
Sunny - for D1 may I recommend the clift. I like the location, its within the excitement area and yet more private beside amoy / telok ayer area. Maintainence fee is also low compared to the other D1 projects + rental yield so far is the best amongst D1 condos. If you are keen go for the even stacks, odd stacks have potential blocked view due to telok ayer performing centre redevelopment into office block in future.
For River Valley.. as mentioned previously, go for the FH + near the river. Hahaa...
Bro DKSG - yes after doing much research this year, im proud to share that i am now vested in this project. The leasing experience has been very fruitful as well because my specialist agent has been very hardworking and did a good job for me recently.
Newbie
Which project you vested?
Office Boy
Eeerrmmm ... U mean not obvious to you ?
DKSG
Office Boy
I think I know why ... but guess can really say now ...
If to be said, of course must leave it to BJ himself!
I know things are happening round my area ... after the formation of the dont know what Singapore River Cheongster Committee...
DKSG
Senior
Is Clift FH?
QUOTE=Ricade]Sunny - for D1 may I recommend the clift. I like the location, its within the excitement area and yet more private beside amoy / telok ayer area. Maintainence fee is also low compared to the other D1 projects + rental yield so far is the best amongst D1 condos. If you are keen go for the even stacks, odd stacks have potential blocked view due to telok ayer performing centre redevelopment into office block in future.
For River Valley.. as mentioned previously, go for the FH + near the river. Hahaa...
Bro DKSG - yes after doing much research this year, im proud to share that i am now vested in this project. The leasing experience has been very fruitful as well because my specialist agent has been very hardworking and did a good job for me recently.[/QUOTE]
Office Boy
Is Clift FH?
Answer : Nope. FEO still selling the high floor units.
DKSG
Newbie
For Robertson Quay developments, how does Watermark compare with Robertson 100 ? Both are FH, though Robertson is older development. The most "sui" is Rivergate but that one is asking much higher psf.
I've viewed Rivergate but not the other two.
Office Boy
You missed R100 already lo !
Office Boy went to view 4 months back at $1,600 psf only.
Now, dont have $1,800+- psf I think no one wants to sell.
Watermark has always been hovering around that price.
Other than that, what else you want to compare ?
DKSG
Junior
5) STABILITY- Singapore has the most predictable and stable political system in the World. It is a hybrid between a republican and democratic bipartisan system much aspired by the most powerful nation on Earth- The USA.
Since the formation of the US constitution after her civil wars, USA has been trying to find this fine balance between a republican and democratic philosophy by having these 2 idealogies in her congress. With the unrest in the Western World and her crippled banking system, I believe USA will ultimately move towards the Singapore political system or the very least, one that is similar to it. The first progress will be made in her ARMS RESTRAIN LAW and then adopting the CPF-similar type of system.
6) EMPLOYMENT- Singapore has the lowest unemployment rate in the World, as a matter of factly, this is much due to the government's effort to implement a fair system between enterprises and the labor ideology. In addition, Singapore government will not hesitate to provide financial support to the SME or the employees in the event of any external shocks as shown in the 1997 Asian financial crisis. This strong determination to curb any imbalance is enough to provide a very strong foundation for her social cohesiveness.
TO BE CONTINUED
Last edited by blackjack21trader; 23-12-12 at 11:54.
Junior
7) ECONOMY- Singapore's track record of the past 5 financial/economic crisis since the 1970s had proven that Singapore will and shall emerge stronger after every crisis. This had amazed not only the ASEAN leaders, but also the Western leaders. Since the 1980s, they have been trying to find what actually make Singapore tick. Actually, the answer to that is found in point 5 and 6 above. In the New World Order, the few economies around the World that can face up to the new challenges, shall be the remaining few who are able to provide the scarse and depleting resources for her citizens or residents. As the trade shall flow to the countries which had sovereign debts rated as AAA by the hedge funds. And Singapore now ranked at the top and I see her growth economy to continue at more than 4% annually until around 2030 at the least. Of course a part of this shall be propelled by her new population injection from 2010. ( I shall explain further why this is the correct strategy)
TO BE CONTINUED TOMM
神龙股侠。
NIL SINE LABORE!
Newbie
why did it go up by $200psf?
Pray tell, which are the better units/stack for Watermark? those advertised mainly facing rodyk street. I'm afraid it will be noisy when Up is being constructed and will be tough to rent out. Is there much difference in price between those with river view and those facing rodyk street?
Office Boy
River view pemium is about 5-10%.why did it go up by $200psf?
Pray tell, which are the better units/stack for Watermark? those advertised mainly facing rodyk street. I'm afraid it will be noisy when Up is being constructed and will be tough to rent out. Is there much difference in price between those with river view and those facing rodyk street?
You shld know right ? Since u viewed RiverGate, thats about the difference.
Anything less than 5% I grab the river view.
But then, whats the point of staying at River without the view ?
DKSG
Office Boy
Why go up 200 psf ?
*sigh ... my colleague auntie also keep ask me, after I go with her for viewing and help her negotiate until near 1,600 psf ... at the crucial moment, she say she not sure, I say, not sure better dont anyhow buy ... haha!
Then the rest is hist-o-ry liao ...
DKSG
Newbie
I have only viewed one unit of Rivergate in Sept . No river view. Asking for more than $2,300 psf for 2 bedder.
Junior
Might as well look at reflections
Thanks everyone for the support! Find A Home Loan is Standard Chartered #1 broker in 2013.
Newbie
99 LH leh.
I'm a FH lover!
Newbie
Earlier this year, Rivergate 2 roomer still asking around $1.9-2.0psf.
Now prices have gone ballistic. If for investment, yield is poor, if for stay, still OK.
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