The Clift (D1, 99 years, Far East Org)

[minority]

my agent tells me lumiere rental not doing too well...

Comparing to clift I think Lumiere location is not so ideal. Quite dark the pool area. Also now with the marina house construction and the other shenton project around there. The noise level would be a issue. But once those are done I think Lumiere would be ok.

But still Clift location is better but Clift units are smaller. But well location location location. And no building blocking are it so its quite bright.

[minority]

Lumiere n icon even higher..now transacting 2700-2800psf.
But the owners most of them not selling.. hahahaha

2700??? lumiere? I dont see much transaction. latest being 2086psf. 2700-2800 are asking for the 30+ floors. Are those still developers holding?

[minority]

What is the rental yield? less than 3%?

lumber current should be 2-3%. Original buyers should be are 4-5% for clift original buyers yield are very good. given the launch price is from 1100psf.

[devilplate]

Which floor is your Clift?

lol......i dun blame u too

wakakakkaka

[devilplate]

lumber current should be 2-3%. Original buyers should be are 4-5% for clift original buyers yield are very good. given the launch price is from 1100psf.

er simple gross rental yield for original clift buyer ard 8% la....4kX12/600k=8%

[price]

er simple gross rental yield for original clift buyer ard 8% la....4kX12/600k=8%

Got $600K flat in 2006 meh?

[devilplate]

Got $600K flat in 2006 meh?

In fact lower....i round it up...

[price]

In fact lower....i round it up...

Wah I wanna bring my $$ back

[thomastansb]

Lumiere studio is a joke. Cannot compare with Clift/Icon/Sail.

Comparing to clift I think Lumiere location is not so ideal. Quite dark the pool area. Also now with the marina house construction and the other shenton project around there. The noise level would be a issue. But once those are done I think Lumiere would be ok.

But still Clift location is better but Clift units are smaller. But well location location location. And no building blocking are it so its quite bright.

[minority]

Lumiere studio is a joke. Cannot compare with Clift/Icon/Sail.

The 678Sqf is ok. The others can be very small. All use bomb shelter as wardrobe. Or the 2 bedder is ok but price too high.

[Ricade]

Clift 8 units sold last mth for resale mkt.
Price for low floor ard 2100, above 15floor ard 2200, above that ard 2300 for normal units.

1 loft unit sold direct by developer ard 2600psf.

This was right after PS100 units sold out in mkt..

[devilplate]

Clift 8 units sold last mth for resale mkt.
Price for low floor ard 2100, above 15floor ard 2200, above that ard 2300 for normal units.

1 loft unit sold direct by developer ard 2600psf.

This was right after PS100 units sold out in mkt..

u personally sold the units? how u get to know....

do u noe locals or foreigners buyers?

[price]

u personally sold the units? how u get to know....

do u noe locals or foreigners buyers?

u sold one of ur many to him issit?

[devilplate]

u sold one of ur many to him issit?

haven caveat leh....how come he/she noe?

and u tink too much.....LOL

[price]

haven caveat leh....how come he/she noe?

and u tink too much.....LOL

maybe he's the agent/banker/lawyer involved in the sale lor?

[Ricade]

Been targeting this condo for a while.. The agent familiar with the project told me. The unit I was looking at was part of a 4 party bidding war.

Don't know who got it in the end; it was sold but not to me

[Ricade]

Most of the interested parties were foreigners

[minority]

This place launch price is 1100psf? I remember seeing this place some time back. But I think its low to low mod floor if not wrong.

[devilplate]

This place launch price is 1100psf? I remember seeing this place some time back. But I think its low to low mod floor if not wrong.

Below 15th flr

[thomastansb]

I mean the 506 studio at Lumiere. It is a joke.

For 678 sq ft, it is selling around 1.3 to 1.4M. To me, that is like a studio at Icon/Sail/Clift but Lumiere market it as 1+1. Where is the +1 may I ask?

What a joke...

The 678Sqf is ok. The others can be very small. All use bomb shelter as wardrobe. Or the 2 bedder is ok but price too high.

[Ricade]

ya i was also at lumiere once, very disappointed with the development.
main entrance looks like some old and bare office building lobby. No luxurius ambience at all.

facilities very small, biggest joke was the function room right above the tennis court. Barely enough size to fit 1 mahjong table..

small plus point for this development is the relatively good location. It is at least still 100m away from Tanjong Pagar MRT despite all it's shortcomings..

but still terrible project.

[minority]

I mean the 506 studio at Lumiere. It is a joke.

For 678 sq ft, it is selling around 1.3 to 1.4M. To me, that is like a studio at Icon/Sail/Clift but Lumiere market it as 1+1. Where is the +1 may I ask?

What a joke...

then -1 lor.. some agent consider the bomb shelter in other projects as a +1 or the maid room also consider +1... up to u. don't like -1 -2 also can.

[devilplate]

ya i was also at lumiere once, very disappointed with the development.
main entrance looks like some old and bare office building lobby. No luxurius ambience at all.

facilities very small, biggest joke was the function room right above the tennis court. Barely enough size to fit 1 mahjong table..

small plus point for this development is the relatively good location. It is at least still 100m away from Tanjong Pagar MRT despite all it's shortcomings..

but still terrible project.

lumiere not so bad la.....

just tat when u compare it wif clift, it become terrible...

[devilplate]

then -1 lor.. some agent consider the bomb shelter in other projects as a +1 or the maid room also consider +1... up to u. don't like -1 -2 also can.

got tenant prefer lumiere lor.....one of my potential tenant went for 6xxsqft lumiere instead for the same rental

[thomastansb]

No la. I mean compare apple to apple.

Lumiere studio vs Clift/Sail/Icon studio.

Price about the same but layout is horribly disgusting.

People always use Lumiere 1+1 vs other condo's studio. That is not fair. Lumiere 1+1 cost 1.3 to 1.4M. There is no comparison.

Might as well use 2 bedroom vs studio.

lumiere not so bad la.....

just tat when u compare it wif clift, it become terrible...

[devilplate]

No la. I mean compare apple to apple.

Lumiere studio vs Clift/Sail/Icon studio.

Price about the same but layout is horribly disgusting.

People always use Lumiere 1+1 vs other condo's studio. That is not fair. Lumiere 1+1 cost 1.3 to 1.4M. There is no comparison.

Might as well use 2 bedroom vs studio.

i am not toking abt layout,....

i quoted the other bro who tok abt common area/facilities mah

[devilplate]

long long time ago even b4 lumiere TOP, i oredi said lumiere's layout cmi over at skyscraper forum....LOL

[minority]

on thing about clift. no wardrobe at all. must DIY.

[fiat500]

on thing about clift. no wardrobe at all. must DIY.

for clift 1Bedder,the wardrobe is built in the bomb shelter mah.. n its quite a spacious wardrobe.

[minority]

for clift 1Bedder,the wardrobe is built in the bomb shelter mah.. n its quite a spacious wardrobe.

Lumiere wardrobe is also in bomb shelter. The 670 unit is external. I saw the 670 unit before. Quite reasonably spaced. Verses the rest in the project.