Tentage super crowded.. hearsay 3units less than 400k.
commercial units superhot as well.
Tentage super crowded.. hearsay 3units less than 400k.
commercial units superhot as well.
great, sold out within one day as expected, congrats to all the buyers
will be interesting to watch how many resales in the coming years. Hopefully no regrets for the next 60 years.
With the success of this hillford more retirement condo will be launched in future. When yishun, woodlands, chao chu kang, sembawang etc... launch 60yr LH retirement condo at $400k this hillford will look cheap by then.
wah, so many condo hungary people....
congratulations!
confirm the next 60 years lease condo will be sold higher.
Hillford is not retirement condo lah, because:
1) there is no age limit to buy
2) Many buyers are young people not reaching retirement age
3) Expect most of these "retirement condo" features and services will be removed by the MCST (owners) in future to save costs since retirees are minority and can't fight to save these features and services!
4) In place of (3) will be features and services catered for the younger people...
If I have excess cash I rather buy the freehold condo at the hillview area, and must be near the hillview mrt! at least it is freehold, don't need to count down to its short life span! Seeing the craze about pte property, whether 60 years or not, I feel great about my future to early retirement!
Approval of Hillford for retirement homes and lifting the restrictions on building any size MMs for this estate + 10% free GFA to lure developers to bid must have been the biggest cock-up by URA/MND? They didn't even stipulate that buyers must be retirees or nearing retiring but yet approve it for retirement homes!
Will we see more such estates full of MMs disguised as "retirement homes" (to by-pass earlier laws stipulating that developers cannot build too many MMs in an estate)?
it all depends on how much excess cash you talking about. For this project, I reckon many buyer would be buying without bank loan.
Freehold or leasehold, most estate will not last more than 50 years. The most important part is it location.
For project like this, if the buyer can recover their investment through rental within 30 years (which is not impossible) the remaining 30 years will be bonus.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
siao....with that money can buy freehold geylang condo.
spore is so small .... govt has to continue to make money ...
last time sell 99 yr... PAP will ( may ) be gone before the lease expires ..
so now sell 60 yr lease ...
since response so good ... Next will be 50 yrs .. 30 yrs ..
turnover faster .. money keeps coming in
ho sei leow lah ..........
reserve Chiong ah ..........
Anyone knows the avg psf?
i think i may live to see the day the 60yrs lease is up haha
I've had enough. I'm done!!!
What this means is that any old condos more than 55yrs remaining should see a price adjustment upwards.