some ppl may choose the $100K hdb and have 500K cash for other investments/ expensesOriginally Posted by mermaid
some ppl may choose the $100K hdb and have 500K cash for other investments/ expensesOriginally Posted by mermaid
RESIDENTIAL PROPERTY
Krisana Gallezo, Singapore
Published: 18 Jul 13296 views
Keppel Land to launch The Glades in 3Q
How much would a unit cost?
During the analyst briefing yesterday for its 1H results, Keppel Land announced that it is looking forward to launch The Glades at Tanah Mera in 3Q. Singapore Business Review's spotcheck with property agents found that the launch is probably in Mid-August.
The Glades is an upcoming new condominium by Keppel Land Limited and China Vanke Co Ltd. The 99-year leasehold property is located near Tanah Merah MRT Station and is only a station away from the upcoming fourth university and Changi International Business Park, and 2 MRT stations to the Changi International Airport. It is consists of 9 blocks of 726 units with sizes ranging from 500 sqft - 1450 sqft. Indicative prices are not known yet but industry watchers predict over $1400psf.
- See more at: http://sbr.com.sg/residential-proper...h-glades-in-3q
click: 🏢shoeboxmickeymousehouse 🏢
Near MRT = $1500 psf. So with more MRT stations, expect the new launches to support one another and push up the psf to mimimum $1000 psf even at not so accessible locations. In 1-2 years' time, only ECs will be below $1000 psf.
And I think thats gradually become true and the new price-level, benchmark.Originally Posted by wirehtc
this is the ceiling. as for what is the trough, must be tested by a downturn then can confirmOriginally Posted by latour
Yup, fully agree. 1.8k psf for suburban? Forget it. Count me out...
Originally Posted by eng81157
jurong at $1700psf - will you bite?Originally Posted by thomastansb
Nope.. The risk is too high (high interest rate and low rental), upside too little.
I will buy V on shenton instead if I have the chance. My sister bought at $2150 psf. It is a much better deal than 1.7k in Jurong I feel.
3k psf is much much much more feasible in Marina bay than 2.5k psf in Jurong.
Originally Posted by eng81157
gum sia, same sentiments too. but some nicompoop is raving that Jurong @ $1600psf is cheappppppOriginally Posted by thomastansb
They will repent when they realise the rental there is not as good as they would want it to be.
Altez is another one to look out for I believe. 2 bedrooms average 2M. Even the buyers stretch 35 years @ 80% loan, every month still about 6.5 to 7k including maintenance and tax. Icon 2 bedroom rental around 5 to 5.5k only. And those buyers bought it much cheaper and we have skysuites 2 bedders sold at 1.2 to 1.5M. And Katong regency as well. They will repent
I am a practical guy. I don't believe there are so many people who are willing to have negative cash flow every month. Let alone leaving it empty. A few owners maybe. Not the majority.
Originally Posted by eng81157
Latest Artistic Impressions and Units Size Range.
Check out ---> The Glades <---
Just a wild guess... It could be eCo.
Originally Posted by ecimbew
Yee ha! Did I tickle your funny bone?
Hello all, some infor on the 3rd new condo at TM within a year!
- The glades introduction video per
https://www.youtube.com/watch?v=UAmw7zuLVm4
- Some floor plans per
http://www.propertyfishing.com/new-l...s/floor-plans/
Haiyo... Tembusu 2?
Why nowadays they like to cover all over with greens... is it so as to cover up otherwise shoddy workmanship?
click: 🏢shoeboxmickeymousehouse 🏢
Those 3 giant flower buds reminds me of the supertrees in gardens by the bay haa haa haa...
nice landscaping. too bad half of it is exposed to the mrt track and gawkers. spoil the privacy and serenity.
what's with the tiny unit sizes nowadays? standard sized 2 bedders at 62 sq m? compact 3 bedders at 78 sq m?
Balcony as big as living room!!Originally Posted by gadiny
My guess is the empty plot of land on the reserve list, waiting for a developer to trigger it for release.Originally Posted by ecimbew
i find so long as the balcony is deep enough, is actually quite nice to have a big one.Originally Posted by VS
worst balcony are long and narrow. small ones for one two person to sit out for a smoke break also not nice. Big Big one where you can put a whole sitting area outside is actually nice.
DEVELOPMENT ATTRIBUTES
9 blocks of 726 units
ONLY 1 Minute Walk to Tanah Merah MRT station!!!
Developers with impeccable track record – Keppel Land & China Vanke
Excellent access to City and CBD plus any parts of Singapore via major expressways such as PIE, ECP and TPE
Short drive to Changi Business Hub, Expo and Changi Airport
Many education institutions nearby such as Anglican High School, Temasek Junior College, upcoming Singapore University of Technology and Design (To be ready by 2014)
A host of retail and service amenities within close proximity such as Changi City Point, Bedok Mall, Bedok Point, Tampines Mall, Century Square, Tampines 1, East Point Mall
Enjoy plenty of outdoor recreation facilities such as East Coast Park, Laguna Golf and Country Club and Bedok Reservoir Park
Excellent rental potential
***Seeking indication of Interest Now***
Size Range (Typical Units Only)
1 Bedroom : 431 – 506 sqft
1 SOHO : 473 – 484 sqft
2 Bed Compact : 570 – 624 sqft
2 Bedroom : 667 – 721 sqft
2 SOHO : 581 – 624 sqft
3 Bed Compact : 840 – 861 sqft
3 Bedroom : 990 – 1044 sqft
4 Bedroom : 1281 – 1507 sqft
4 Dual Key : 1378 sqft
Penthouses : 1916 – 2594 sqft
Shops (3 Units Only) : 517 - 560 sqft
***Seeking indication of Interest Now***
I'm posting on The Glades thread because, as mentioned, I am thinking about buying. However, the closer I look at SG property the less I understand it (the logic seems broken).Originally Posted by gav108
I agree with the comment about the tiny units. So small it feels like a prison cell. This is a suburban development, not city. Rather than raise the price they shrink the units and hope we don't notice
I had an agent tell me to expect The Glades to launch at minimum 1550 PSF. That means those "good facing" 1 or 2 bed could be 1700 PSF. Working on a 2 bed at 721 sqft that's 1,225,700. I checked resale units at Optima and for a same sized pool view high floor unit owners are asking approx. 1,200,000. So why would anyone buy The Glades? Optima can fetch rental income or be lived in immediately, The Glades is years away. It's a genuine question, I am confused. It will surely sell out in the blink of an eye. Is there a "more money than sense" attitude creeping in?
Are the government really trying to cool the market or are they just trying to fill their pockets
This is a bit of a controversial post But that's what the Internet is for, right All genuine questions.
Hi morning all, more from youtubes on the Glades for your reference!
1. Showflat
http://www.youtube.com/watch?v=LMTGwjGV_f0
2. The 'innovative convertible system' for the Soho units. Something different as usually for Soho, developers do a platform
http://www.youtube.com/watch?v=u8UvMcpRJVU
hi Idiot... NEW is always better to most.
much like how men prefer to have virgin wives. some more buying a house is like one of the biggest commitment of a lifetime for most.
click: 🏢shoeboxmickeymousehouse 🏢
nice concept but not really practical for the convertibles. esp if they price it at a premium just for that.
for single person, most likely end up doing everything from the main sofa. it looks spacious enough for one to sleep on anyway.
for two pax, maybe then they can have some fun and exercise while converting and transformers mode here and there on a daily basis.
click: 🏢shoeboxmickeymousehouse 🏢
Poor jolin looks very busy converting and transforming. Cannot imagine doing this everyday. maybe after the 1 year warranty period, the transformers will start falling apart haa haa.
But Optima only just TOP. How long does it take for it not to be considered NEW anymore? 6 months?Originally Posted by mcmlxxvi
Hehehehe just though that a completed house that can be income generating and lived in should sell for more than a plot of grass. Just giving a balanced view. Since the money in SG property is seemingly limitless then let me try to balance this in my own mind my by say those Optima owners are dumb and they need to jack up the asking price
Pull-down bed? OMG. No thanks. That style I don't like (personal opinion).
dont get me wong.... i actually agree with u.Originally Posted by Village Idiot
one of my tactic has been to buy only those that near top (within 6 mths) where their full price potential has not been reached.
click: 🏢shoeboxmickeymousehouse 🏢
i think i just saw her bicep get bigger.Originally Posted by azeoprop
click: 🏢shoeboxmickeymousehouse 🏢
Mechanical parts are subjected to wear and tear, and you risk limbs and head injuries. They are also not cheap and a hassle to use.
i also worry about such beds and storage that need u to open up and down...eventually the parts will spolit one. based on previous experience, must be gentle when handling retractable mechanism.
last time my parents storage bed also not good, after sometimes, the drawers cannot pull out easily and start to wear n tear.
i also dunno why would a person of 1 bedder SOHO will want to waste space on 2 beds (based on video example). Unless u r such a generous host who host ppl to stay in ur house almost weekly, otherwise, ur 1 bedder sld be designed according to your needs and not to how u want to cater for ur guests.