Well not all the developments in the area have 1 bedders or loft concept or convertible. Moreover there may not be enough resale units for 400 plus buyers yeah?
There are some who like to buy new from developers for capital appreciation. Think one has to hold for at least 4 years if buy resale whereas some would prefer the option of selling upon TOP as a 'new' property with minimum cash outflow in the first 4 years.
Anyway at the time when we were buying UV, the 2 bedders in the area were asking for more than 1 mil which were out of our reach. We like condos with balcony which the older condos do not have.
Yes it has been changed from full fledged commercial to 1st floor commercial and residential above, pls see
http://www.ura.gov.sg/uol/DC/view-ma...mp08_24_7.ashx
Seriously, does it really matter that much whether that little pocket of land is fully or partly commercial ? Probably, just a suburban HDB type mall anyway when there are huge malls in Bedok and Expo mrt stations
Errr.. yes! For the size which i measure off Onemap, it is 159,887 sq ft of land on plot ratio of 3.0 which mean it will be a mall the size of 479,661 sq gt, assuming a 75% efficiency, we are talking about approximately 360,000 sq ft of retail space ,size of 313 somerset!
Not small at all. And given the drastic increase in population around Tanah Merah, i fail to see the logic of not providing a retail mall of this size.
What's it with the younger generation believing everything on the Internet as the gospel truth ? Go there and take a look with your own eyes...that plot ain't that big !
Anyway, it's been common knowledge since last year it is gonna be a mixed development
What is the point of doing so? The numbers don't lie. Everyday, I wake up, I like my 800 sq ft house to be bigger, but 800 sq ft is 800 sq ft. It is not going to change.
Anyway, my point is that this area deserve a mall. I have not vested interested in this area, but I'm not so sure about you older generation.
Common knowledge since last year? You must work for URA then because the approval to change land use was dated 17 Jan 2013!
AND the size is bigger at 15958sqm!
Nah, show you the link lah, but do take it with a pinch of salt because dont believe everything on the Internet as the gospel truth.
http://www.ura.gov.sg/uol/DC/view-ma...mp08_24_7.ashx
Anyway, my point is expect at this plot a White Sands type mall instead of a Vivo city.
Tanah Merah is suppose to have laid back charm, that is supposedly the locale's appeal...ask VI why he moved there in the first place.
However, with all the development over there, I think it will be indistinguishable from Bedok and Expo
... I rather take an agent's word with a pinch of salt and believe the internet from URA website. furthermore from someone with vested interest.
And sorry, the plot is not the size of white sand mall (148,000s q ft) , it is more than double the size of white sand mall. You as a agent should know better right? Older generation somemore wor.
Hong Lim Complex was a Sook Ching site too. How's the price of resale HDBs there.. ?
Not a property agent, don't need to get out as often as you. I remember you mentioned you are part of the marketing team from Savills on Eco?
Anyway, I have already rebutted you on the size of the previously zone commercial parcel. No argument on that. First you assumed I'm younger generation , then presume I like shopping, now you call me a dude or dudette (whatever it is). Is that how you talk to people?
Good to know that you cannot convince, so you confuse people.