Soleil

[teddybear]

Ai yah, for southbank & citylights, wait for 20 years and see whether they still have value or not lor!

hard to compare...depends which horse u bet....mass market southbank/citylights very very power...600psf in 2006 jump to 1400-1600psf now ....2005 buy all the prime ppty....sell all in 2007 and buy all mass market in early 2009 will make the MOST moolah!


i also feel all my ppty severely undervalued wor

[bargain hunter]

cannot compare so straightforwardly lah. there are some nice landed areas outside prime area which i would be willing to pay 3m (not 4 or 5m though ) for a big house. So my choice would be between 1 and 3. Surprsingly, 2 doesn't appeal to me as i prefer a decent sized landed vs say a 1615sq ft terrace house in D10/11.

Just think - If you have $3-5m to buy a place and use as home, do you:
1) Buy some ulu OCR landed property
2) Buy some prime area but smaller landed property
3) Buy some prime area smaller condos with reasonable facilities

Don't think anybody with that kind of money to spare want to buy (1) (not for me). OCR just appear cheapskate (building quality, furnished quality, materials, even the environment (and the people around?) etc).

[devilplate]

a recent e.g, the brand new bunglow below, i first saw it more than 8 months ago at the start of this year asking 4.6 to 4.9m (depending on agent):

1 Jalan Angklong Freehold 1005psf 4181sq ft $4.2m 3 Aug 2010

http://www.iproperty.com.sg/property...ngalow-ForSale

don't know why he advertised again after it was sold (maybe fish for buyers):

http://www.iproperty.com.sg/property...ngalow-ForSale

transacted at wat price? so do u tink tat transaction price is a bargain or just a reasonable market price?

btw, how to determine a landed price is reasonable....y all the landed i viewed dun provide proper valuation....same land size but single storey or 3storey prices can differs alot...coupled with the condition blah blah...mabe tats y up till now i haven buy any

[devilplate]

Ai yah, for southbank & citylights, wait for 20 years and see whether they still have value or not lor!

20yrs later...mabe we all die oredi...

[devilplate]

Just think - If you have $3-5m to buy a place and use as home, do you:
1) Buy some ulu OCR landed property
2) Buy some prime area but smaller landed property
3) Buy some prime area smaller condos with reasonable facilities

Don't think anybody with that kind of money to spare want to buy (1) (not for me). OCR just appear cheapskate (building quality, furnished quality, materials, even the environment (and the people around?) etc).

i am considering OCR landed leh....coz i want bigger land but within 2mio....haha i am considering selatar hills estate now due to greenwich...haha

mabe i shd explore 3-4mio landed as some bros say can get cheap cheap!

[teddybear]

Your asking $psf too high or your unit low floor & lousy facing in lousy estate is it? Buyers look at absolute $psf or absolute total figure?
My lesson learnt is "Never buy a property just because it is cheap/cheaper/cheapest!"
(very often, they are cheap/cheaper/cheapest compared to some nearby condos or even condos in the same building because of low floor, lousy facing etc!).

Landed - ai yoh, bought already then after 6 months all problems come out how? (because owners touched up exterior to look nice but inside is a "can of worms"?). May end up to have to A&A?

depends on asking price? i took many mths to sell a ppty less den 1mil too....haha.

btw, landed sellers got provide a proper valuation report? mostly nvr wor...how u all deem a landed is cheap anot? just merely based on caveats? i find landed very hard to noe whether the price is bargain anot

[Rysk]

20yrs later...mabe we all die oredi...

Choi.. Choi..
Like tat buy Taman Ho Swee enough liao..

[teddybear]

Why pay so much for OCR landed? Our OCR has now extended to Johor Iskandar! A 5-rm HDB flat of S$400k in Singapore can buy you a bungalow in Iskandar and still got spare change!

i am considering OCR landed leh....coz i want bigger land but within 2mio....haha i am considering selatar hills estate now due to greenwich...haha

mabe i shd explore 3-4mio landed as some bros say can get cheap cheap!

[bargain hunter]

that 4.2m was the recent caveat lodged in aug lor, finally transacted. for that house i feel that is a reasonable market price. below 4m would be a bargain.

u gotta calculate how much it would cost u to buy the 1 storey and build up to 3 storey to determine whether the 1 storey or the 3 storey is cheaper lor. even for the 3 storey, if u can determine how much reno u need to put in and add to price and that price is not too far from caveats then that would be a reasonable price lor.

better continue our discussion in PM since this is a Soleil thread.

transacted at wat price? so do u tink tat transaction price is a bargain or just a reasonable market price?

btw, how to determine a landed price is reasonable....y all the landed i viewed dun provide proper valuation....same land size but single storey or 3storey prices can differs alot...coupled with the condition blah blah...mabe tats y up till now i haven buy any

[bargain hunter]

depends on your needs lah. if u have a big family staying in OCR landed then worth it. don't buy 3 to 4m landed then few pple stay in. cost of maintaining the house is not cheap. like i was saying, buy the below 2m landed then still have 1 to 2m to invest is much easier on the pockets if the 2m landed is sufficient for your needs.

i am considering OCR landed leh....coz i want bigger land but within 2mio....haha i am considering selatar hills estate now due to greenwich...haha

mabe i shd explore 3-4mio landed as some bros say can get cheap cheap!

[maisonjai]

my friend went to view a 5mio unit (somewhere else) .. didnt neg and gave check ..seller straightaway up to 5.2 ...

my friend fedup also took back the cheque

after 3 days agent called .. "seller will now look at 5 mio "

but my friend decided to pull out totally to teach him a lesson

its a mouse and cat game .. see who smarter lor

mouse & cat example like this one?

Sentosa Hse

June 30
It is believed that an offer of $15 million has already been made on the property, but has been rejected by its owner.

Aug 18
A LUXURY bungalow in Sentosa Cove with a grim past has been sold for $13.6 million – a bargain price, well below its valuation.

The Straits Times understands that the initial asking price in June was $15.8 million – which was below the estimated valuation of $17 million

[proud owner]

Just think - If you have $3-5m to buy a place and use as home, do you:
1) Buy some ulu OCR landed property
2) Buy some prime area but smaller landed property
3) Buy some prime area smaller condos with reasonable facilities

Don't think anybody with that kind of money to spare want to buy (1) (not for me). OCR just appear cheapskate (building quality, furnished quality, materials, even the environment (and the people around?) etc).

check out Nim area in seletar .. Mariam, Toh area at changi area ..
thomson green , thomson ridge ..

there are more big nice house, superb interior design , wide roads .. very nice environment ..

and alot of rice people are actually staying in changi and seletar ..

they are far from the city ..

the houses there are definitely not cheapskate looking/material/ workmanship ...

the above are actually my choice landed locations

[jlrx]

check out Nim area in seletar .. Mariam, Toh area at changi area ..
thomson green , thomson ridge ..

there are more big nice house, superb interior design , wide roads .. very nice environment ..

and alot of rice people are actually staying in changi and seletar ..

they are far from the city ..

the houses there are definitely not cheapskate looking/material/ workmanship ...

the above are actually my choice landed locations

This I have to agree with proud owner. There are many respectable people staying in big houses in suburban areas.

In fact, chances are that you will more likely find a doctor staying in a big suburban landed detached than in a D9/10 condo. Very few people can afford detached houses in D9/10 except maybe the most prominent specialists in each field.

The material used actually depends on the individual. It can be as high or as low as the owners want them to be.

[proud owner]

check out Nim area in seletar .. Mariam, Toh area at changi area ..
thomson green , thomson ridge ..

there are more big nice house, superb interior design , wide roads .. very nice environment ..

and alot of rice people are actually staying in changi and seletar ..

they are far from the city ..

the houses there are definitely not cheapskate looking/material/ workmanship ...

the above are actually my choice landed locations

I meant to say RICH

rich + nice = rice ?? hehehe

guess Jlrx understood what i meant ... thank you

[teddybear]

That is the problem - Many of these are wealth from the old and not theirs or they only know how to make money from their profession (not investment). The current owners don't seem investment savy or they are not rich enough to buy more expensive properties in CCR. Many of these are also old and in dire need of renovation.
As I said, why pay so much for OCR landed? Our OCR has now extended to Johor Iskandar (and can still grow)! A 5-rm HDB flat of S$400k in Singapore can buy you a bungalow in Iskandar and still got spare change!

check out Nim area in seletar .. Mariam, Toh area at changi area ..
thomson green , thomson ridge ..

there are more big nice house, superb interior design , wide roads .. very nice environment ..

and alot of rice people are actually staying in changi and seletar ..

they are far from the city ..

the houses there are definitely not cheapskate looking/material/ workmanship ...

the above are actually my choice landed locations

[TS]

That is the problem - Many of these are wealth from the old and not theirs or they only know how to make money from their profession (not investment). The current owners don't seem investment savy or they are not rich enough to buy more expensive properties in CCR. Many of these are also old and in dire need of renovation.
As I said, why pay so much for OCR landed? Our OCR has now extended to Johor Iskandar (and can still grow)! A 5-rm HDB flat of S$400k in Singapore can buy you a bungalow in Iskandar and still got spare change!

Bungalow in Iskandar cheap indeed. Have you checked where you can do grocery, pump petrol, etc?

[jlrx]

That is the problem - Many of these are wealth from the old and not theirs or they only know how to make money from their profession (not investment). The current owners don't seem investment savy or they are not rich enough to buy more expensive properties in CCR. Many of these are also old and in dire need of renovation.
As I said, why pay so much for OCR landed? Our OCR has now extended to Johor Iskandar (and can still grow)! A 5-rm HDB flat of S$400k in Singapore can buy you a bungalow in Iskandar and still got spare change!

Johor Iskandar is in a different country with different jurisdiction hence the steep drop in value once you cross the border.

It's like a waterfall. You can't see the danger from the aerial map. You have to stand close to the edge of the waterfall to appreciate how deep the plunge is.

[teddybear]

Yes, easy. Iskandar is getting popular. In fact, the old Johor Bahru town centre is like being shifted to Iskandar and that side not popular now. So if you live in some ulu OCR bungalow, might as well live in Iskandar bungalow (also OCR).

Bungalow in Iskandar cheap indeed. Have you checked where you can do grocery, pump petrol, etc?

[Scary]

Anyone has any view on whether there is still much upside for the prices of Soleil from now till TOP? Particularly the studio (581 sqf). Currently, the prices is from around $1500 PSF for the low floors and around $1700 PSF for the high floors.

[trump7]

For me, it more looks like double "S" shape, but vertically streched due to condo height.
One is streched "S" and the other is mirror-reflected opposite shape of "S". If two same "S" shape, then not so nice.

BTW, I just found this written in Soleil brochure... so somehow my guessing is quite accurate.

Inspired by life

Rising out of Sinaran, the twin heights of Soleil stand as testaments to the beauty and power of sun. A highly reflective glass graces the
S-shaped curves of both facades, brillianttly enhancing the varying spectrums of sunlight at different times of the day.

[flxcat]

Anyone has any view on whether there is still much upside for the prices of Soleil from now till TOP? Particularly the studio (581 sqf). Currently, the prices is from around $1500 PSF for the low floors and around $1700 PSF for the high floors.

Wether buyer willing to pay higher price depends on rental yield. With many alternative choices in this condo enclave upside might be limited. Unless the high floor without blockage can entice buyer with million dollar view doubt buyer will even bite if seller is asking above $2k to haves reasonable gain for studio units bought at above 1.7k back then. Quoting devilplate post buyer actually bought at 1.1k low floor, paying $1.5k is already high.

[trump7]

Here is the website of Novena specialist center and hotel beside Soleil.
It looks quite modern. Can see how is the building look like.

http://www.novenaspecialistcenter.co...aspx?page=home

[flxcat]

Here is the website of Novena specialist center and hotel beside Soleil.
It looks quite modern. Can see how is the building look like.

http://www.novenaspecialistcenter.co...aspx?page=home

Latest news is the specialist center will be starting operation on Jan2011. Hope it will lift the mood of investor in this area a little little bit

[Scary]

Will the launch of Novena Specialist Centre raise the interest level at Soleil?

[Scary]

Will the launch of Novena Specialist Centre raise the buying interest in Soleil?

[flxcat]

Will the launch of Novena Specialist Centre raise the buying interest in Soleil?

Maybe not but definitely improve the chance of sales when potential buyers to see the new amenities that comes along then guess based on construction n on paper only.
Of course price of unit have to be reasonable

[Regulators]

TTSH and the Communicable Disease centre have their fair share of specialist clinics all along, so with the Novena Specialist Centre, you may get more terminally ill people living in Soleil who are a skip and hop away from their treatment centres.

Will the launch of Novena Specialist Centre raise the buying interest in Soleil?

[isaaclim]

TTSH and the Communicable Disease centre have their fair share of specialist clinics all along, so with the Novena Specialist Centre, you may get more terminally ill people living in Soleil who are a skip and hop away from their treatment centres.

But changes that one can still survive from heart attack is relative higher

[trump7]

TTSH and the Communicable Disease centre have their fair share of specialist clinics all along, so with the Novena Specialist Centre, you may get more terminally ill people living in Soleil who are a skip and hop away from their treatment centres.

"Novena Specialist Center is thoughtfully designed around a therapeutic theme."
This is the first line of introduction from Novena specialistcenter website.

Novena is quite popular place for those rich Chinese and Indonesian people, so I have quite strong feeling that they buy Soleil and put their children to live in for studying and from time to time, parents or grand-parents comes for therapy or treatment.

I, myself met this kind of people before, when I rented out my other condo in Novena, so many Chinese, Hongkong people, Indonesian, Filipino they want to buy or rent the unit for their children!!)

thinking of very fast increasing rate of ageing people population in all countries, especially developed countries, we also put this concept into investing idea.

[Scary]

"Novena Specialist Center is thoughtfully designed around a therapeutic theme."
This is the first line of introduction from Novena specialistcenter website.

Novena is quite popular place for those rich Chinese and Indonesian people, so I have quite strong feeling that they buy Soleil and put their children to live in for studying and from time to time, parents or grand-parents comes for therapy or treatment.

I, myself met this kind of people before, when I rented out my other condo in Novena, so many Chinese, Hongkong people, Indonesian, Filipino they want to buy or rent the unit for their children!!)

thinking of very fast increasing rate of ageing people population in all countries, especially developed countries, we also put this concept into investing idea.

I share your views...