Don't see Genting building a 5-Star hotel in JLD, not even a 4-Star to start with... That tells us a lot about the affordability and what Genting expect people would be willing to pay to live in JLD...
Originally Posted by Wunderkind
Global recession is coming....
Don't see Genting building a 5-Star hotel in JLD, not even a 4-Star to start with... That tells us a lot about the affordability and what Genting expect people would be willing to pay to live in JLD...
Junior
I'm not so interested whether Genting build hotel in JLD..
I'm more interested to know whether J Gateway decent size one bedder can rent out at 3k & above as ppl bought from the developer at 850k
If can't even rent out at 3k.. then bank valuation will be at most 850k-900k.. then what potential capital gain you are talking about??
Junior
So you should know why Big Box open in JLD..Don't see Genting building a 5-Star hotel in JLD, not even a 4-Star to start with... That tells us a lot about the affordability and what Genting expect people would be willing to pay to live in JLD...
What so great about Big Box? To me is like Gaint.. selling budget items..
Newbie
Talking about bishan, then should compare jgateway to skyhabitat which is more ex. So more worth to buy skyhabitat than jgateway?
Newbie
Pretty confident that the rent will be good . Only 3k ? Expect more lah ! How is that linked to Genting hotel? Because it is a proxy to the rentabiility .
Newbie
CASPIAN/$3,200/400 to 500Sqft/Apr-14
Expect J Gateway one bedder rental 3.5k to 4.2k.
Senior
If j gateway's one bedder rents for 4k, how much do you think their three bedder will rent? How much should the surrounding EA and 5 room hdb flats rent? 4k is unrealistic unless we suffer very bad inflation.
Junior
April 2014 record still dare to post? Confirmed kena chop carrot jialet jialet at 3.5k to 4.2k!!
Now the rental market:
CASPIAN / 872sf / 2-bedder / Asking below 3k per month.. yet neg.
http://www.propertyguru.com.sg/listi...r-rent-caspian
http://www.propertyguru.com.sg/listi...r-rent-caspian
A couple of 3k.. still neg..
http://www.propertyguru.com.sg/listi...r-rent-caspian
http://www.propertyguru.com.sg/listi...r-rent-caspian
http://www.propertyguru.com.sg/listi...r-rent-caspian
Yet landlord still waiting.. & waiting.. & waiting..
So at the above rate for Caspian 2-bedder.. How much J-Gateway 1-bedder can rent out??
Iron Man
My friend's just rented out his CASPIAN 2bedder last Nov @3.5K...!
"Anyone who has not made a mistake has never tried anything new"
Junior
no new foreign workers and new citizens, who is coming to rent and buy our house? now market condition is pressing for a price war.
many agent cannot survives turns into taxi drivers.
Senior
Many agents have switched to commercial n overseas market.
Newbie
The property market has been on a bull run for the past few years resulting in a disparity between pricing and income affordability. It took 8 cooling measures to stabilize the market. What we are seeing today is the reality of a market in adjustment.
The timing of when to relieve the cooling measures will depend a lot on the external environment. If the externals get worse and affect the economy, there is a good chance that the government may twit some of the cooling measures to revive the markets. My prediction is that this will happen in this year.
Newbie
The FT issue is always a sensitive one. Potential election debate issue. Nonetheless it is not a question of why but when . My prediction is after election .
Senior
Tdsr n absd are here to stay, removal of these two will cause a spike in prices again such is what the govt wants to avoid.
Junior
This year also raise in interest rate..
Oversupply (TOP projects) with less demand also happening this year till next year..
Global recession is coming....
Those are ASKING lah! They can also ask for $100,000 per month nobody can stop them wah!
Don't understand why people can try to mislead others by providing selective data, and one so far back in early 2014 some more!
Why not give more recent data, like below?
If you can rent a unit of 800-900 sqft size at $2800 per month only, would you be so stupid to pay $3400 per month for 400-500 sqft unit?????????????????????
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 3,200 1000 to 1100 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 3,500 900 to 1000 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 4,000 1400 to 1500 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 4,200 1400 to 1500 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 4 5,000 1500 to 1600 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 $2,800 800 to 900 (sqft) Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 3,250 1100 to 1200 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 4,200 1000 to 1100 Jan-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties na* 2,700 400 to 500 Jan-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties na* 2,600 400 to 500 Jan-14
Global recession is coming....
Those are ASKING lah! They can also ask for $100,000 per month nobody can stop them wah!
Don't understand why people can try to mislead others by providing selective data, and one so far back in early 2014 some more!
Why not give more recent data, like below?
If he can rent a unit of 800-900 sqft size at $2800 per month only, would he be so stupid to pay $3400 per month for 400-500 sqft unit?????????????????????
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 3,200 1000 to 1100 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 3,500 900 to 1000 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 4,000 1400 to 1500 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 4,200 1400 to 1500 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 4 5,000 1500 to 1600 Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 2 $2,800 800 to 900 (sqft) Nov-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties 3 3,250 1100 to 1200 Nov-14
Junior
Trying to mislead others by using old data?? WT..!!Don't understand why people can try to mislead others by providing selective data, and one so far back in early 2014 some more!
Why not give more recent data, like below?
If you can rent a unit of 800-900 sqft size at $2800 per month only, would you be so stupid to pay $3400 per month for 400-500 sqft unit?????????????????????
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties na* 2,700 400 to 500 Jan-14
CASPIAN LAKESIDE DRIVE 22 Non-landed Properties na* 2,600 400 to 500 Jan-14
Global recession is coming....
Sorry, cut and paste error... I only want to show Jan 2015-July 2014 data...
Junior
You are right wow..
Caspian 8xxsf, 2-bedder unit rented out at below $2800 per month only... So later J-Gateway 1-bedder how?????
Junior
Caspian 2 bedder transacted at 2.8k.. So you have to wait long long for 3k lor
Have Genting hotel beside.. Meaning can get above 3k hah??
Orchard have many high end hotel., so 1-bedder there can easily rent out for 6k?
Last edited by Rysk; 13-01-15 at 18:17.
Newbie
The good time has yet to come.... why make conclusion so quick ? The Singapore weather is predictable... sunny all year round unlike US 's weather , although sometimes it has more rain than normal.
Junior
Good time has yet to come?
You have already enjoyed the "very last moment" of good time when J-Gateway 100% sold.. And it was also the last good time when the agent over there popped the champagne & together with the buyers cheering for joy that they bought OCR at the record psf.. & thereafter one by one agent switching to drive taxi..
That was the last good time I could remember..
So now you are waiting for the "next" good time to come??
Last edited by Rysk; 13-01-15 at 20:00.
Newbie
Haha! It is SG50! Why everyone is unhappy when we should be happy celebrating our Jubilee? Are we in a recession ? The government will say no ... we are improving quality of life... we are creating special places in all corners of Singapore from JLD to Mandai. The good time is yet to come...
Senior
Having a hotel in jurong does not serve much purpose for residents living in jurong except to make the place more crowded.
Junior
Now CASPIAN / 1280sqft / 3-bedder....... Asking for $3,500 neg. leh
http://www.propertyguru.com.sg/listi...r-rent-caspian
Expect J Gateway 1-bedder rental 3.5k to 4.2k?? You hosei bo??
Global recession is coming....
JURONG hotels is to cater for people who cannot afford those luxurious hotels in the CBD area, eg those from Malaysia here to Singapore on some small business trips, on short trips for some events and/or discuss some business deals etc (that is why the hotel(s) in JLD are at most 3-STAR only).........
It is good to keep these people at the way-side so that the CBD will not become too crowded and uncomfortable and dissuade people who can afford to come to Singapore to do business and live here...
Senior
J gateway buyers have been smoked into believing they will get 3-4k for a one bedder by those super showflat agents.
Junior
Some years back I was at the launch of Spottiswoode Residences. An agent was claiming loudly rental of 1-bedder at $5k and 2-bedder at $6k is sure not a problem. In reality 1-bedder never even hit $4k and 2-bedder barely $4.5k. LOL
Newbie
J Gateway will only be TOP after 2017, 1-bedder rental is based on my personal estimation, what make you so worry?
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