Also can consider D24. But is durian not condo.Originally Posted by Ah Huat
Also can consider D24. But is durian not condo.Originally Posted by Ah Huat
I don't know what's wrong with Joo Chiat and Telok Kurau buyers. What the heck is "boutique developers"? Small developers with low capital base just say "small". These developers are in the WORST position in times of downturn. I find it amusing anyone can use the word "boutique" to describe developers. Even those tiny developments in Joo Chiat with no facilities and no theme no other merits to not qualify as boutique.
Originally Posted by D15 buyer
East Coast is losing its charm amongst the expats. Check the ground. The Chindians are flooding the area but once the chindians move away, it will only go down.
Originally Posted by UnregisteredU
You know why we have low birth rate? because more women are working and some earn as much as men. Couples refuse to have babies nowadays. They would chase high paying careers hence, today's couples should have high combined income, hence they always complain cannot qualify for HDB ceiling. So, from your figure $4.6k a month, assuming both contribute CPF so the cash outlay is only $2.6k. Equivalent to $1.3k each. Quite easy to manage these days.Originally Posted by Realistic Buyer
Of course we cannot compare Joo chiat and other prime area D15 like meyer and amber or even trembeling.Originally Posted by D15 Buyer
Personally, I think it is quite worthwhile to invest in Joo Chiat due to much lower pricing as compared to the above prime D15. I also will foresee that after the revamp of Katong mall, (Joo chiat area being in close vicinityto Katong mall) this area should be ideal for investment.
Price in this area is still reasonable at the moment. (Less than $800 PSF for a 3 bedder). This pricing is even lower than some D19 LH99. eg. Kovan residence (3 bedder price around $880PSF)
Hi Folks, may I know what is Katong Mall going to be developed onto?
Katong Mall sold to Tuan Sing Group for S$219m
Posted: 30 June 2008 1917 hrs
Photos 1 of 1
SINGAPORE : Katong Mall has been sold in a collective transaction to property developer Tuan Sing Group for S$219 million.
Including a premium of S$24.5 million to top up the site's lease, the price works out to about S$865 per square foot of gross floor area.
The tender for the 99-year leasehold commercial development in the Marine Parade area was launched in May.
Katong Mall, located at the junction of East Coast Road and Joo Chiat Road, is currently a four-storey building with three basements.
Under the Master Plan, the 78,158 square foot site is zoned for commercial use. It has a gross plot ratio of up to 3.6, with the allowable building height subject to evaluation.
Outline planning permission has been obtained for either a full commercial development or a mixed development with residential and commercial space.
The new development could yield some 100 residential units of 1,200 square feet each, and 185 commercial or retail units with an average size of 400 square feet. - CNA/ms
Hmm, Katong Mall sold for $865 psf...it means it will later sell for at least $1200 psf to reap in the profits..good! hehe..luckily I bgt my unit near there..
The Beacon edge being very near to Katong Mall is already marketing at $1,100 to $1,200PSF. I will foresee a at least $1,300 to $1,400PSF at the "residential@Katongmall" for developer to bring in profit of around $50 to $100PSF.Originally Posted by Star Investor
Another area you can consider is towards Joo chiat (3-5 minutes drive from Katong mall) if you have lower budget and which is currently priced at least 20% below The beacon edge. From Joo Chiat, another 3-5 minutes drive, you will be able to reach the future Paya Lebar Business Hub. Another good upside potential to tag on..
I just read an article this weekend, for $1 mil house, the conform level is with combine income must be $12K per mth..., so for $1.3 mil house, the combine income should be $15K at least? i don't think many of the middle class Singaporean can earn that much... further more, stretching over 30 years is a crazy idea, that make your actual payment double, in fact, you have to pay $2.5 mil for a cond flat. with your whole life!! by then you are at least 60 years old liao! Wow! don't be the 5 C Slaver!Originally Posted by Realistic Buyer
Yes. I fully agree that you should not be stretching yourself too much if you do the have the ability to do so.Originally Posted by 5 C Slaver
But if you are middle income (around 10K to 12K range), in your early or mid fourties. With double income and normal salary, said starting working twenty years back with a initial combine income of around 4K to 5K and with small salary increment every year till now with a combine income of around 10K to 12K, you should have accumulated at least 500K to 600K(combine CPF) by now. To manage a 1mil to 1.1mil house should not be a very big problem.
ANG MOH HAS FLACID TUA LAM PAR AND ALWAYS DEPENDING ON VIAGRA. HO KUA BO HO CHIA. LOCAL GIRLS THAT ARE UGLY AND REJECTS IN SINGAPORE THROW THEMSELVES TO ANG MOHS. U THINK YOU ANG MOH GUYS GET THE BEST GIRLS, BUT THEY ARE REJECTS BY US CHINESE, ESPECIALLY THOSE STUPID BIMBO SARONG PARTY GIRLS THAT ARE DESPISED AND FIT FOR ONLY MALE DOGS TO US.
Originally Posted by ANGMOH TUAKEE
STOP USING VULGARITIES IN THIS FORUM. YOU ARE SPOILING THE IMAGE OF CONDOSINGAPORE.COM AND PEOPLE LIVING IN THESE CONDOS. WATCH YOUR MOUTH. REGISTER YOURSELF IF YOU HAVE THE GUTS BEFORE YOU POST THIS. COWARD!Originally Posted by ANG MOH'S FLACID COCK
STOP USING VULGARITIES IN THIS FORUM. YOU ARE SPOILING THE IMAGE OF CONDOSINGAPORE.COM AND PEOPLE LIVING IN THESE CONDOS. WATCH YOUR MOUTH. REGISTER YOURSELF IF YOU HAVE THE GUTS BEFORE YOU POST THIS. COWARD!Originally Posted by ANGMOH TUAKEE
Private housing is meant for families with combined income of at least $8K/mth. If not why did HDB come out with the $8K ceiling for buying new HDB flats? If one is thinking of buying above $1M, combined income should be at least double digit.Originally Posted by 5 C Slaver
Dun overstretch, but also dun underestimate the potential upside of property prices. It will go up over time as all may know. 20 yrs ago, no one expected that a 3 rm HDB flat will rise from $30K to the current $180K. Those private equity funds who bgt $2K - $3K psf in prime areas are not stupid. They have PHDs in Economics and actuarials working for them to calculate risks and returns. We'll just hv to wait and see when the mkt will rise again.
Originally Posted by ANTI-CORWARD
If you can't take the heat, get out of this forum.
This forum only speaks the truth, ugly or not. And all the better for it, as we buyers like to be fully informed of whatever faults a condo has.
If you have a lousy condo, better don't post it here, cuz will get slammed left and right.
If your condo is a good one, then it should have no problems here despite people slamming it because it speaks for itself.
We do not mince our words here at CONDOsingapore.com! We are sick of other forums that only carry balls and only describe good things but not the bad.
those who cant own one
will have lots of things to said
.........
Empty vessels make the most noise.
Those of you who are still interested in this project kindly drop me a line @ 82818888. Expected TOP in another quarter!!! Direct from developer!!! Attractive price!!!
Pet
Are there any 1+1 studio/ 2 bed rooms available from developer? Please advise on the PSF and area. ThanksOriginally Posted by Petmail
We should buy property, save Singapore economy
yes.. 2bdrm still available as of today. you may wish to drop me a line @ 82818888 so i may share with you in detail.Originally Posted by Ptyspecs
Pet
Past by last sunday. Building already painted. Looks pretty nice.
Any ideas when will it TOP?
hi folks,
just got myself a unit there and top in next month...
cant wait to see the view from mt roof-top pool
Hi Neighbour,Originally Posted by alankc68
you mean the TOP will be in Apr? Good, hope to see you soon.
yes.. painted and TOP soon... expected april!
if i go for my clients open house i may just pop by you guys' place to ask for coffee...
Pet
Yes. Welcome. Just to check whether do you aware how much can we fetch for renting out the units.Originally Posted by Petmail
1+1 (studio) - My unit
and 2 bed room? - My friend's unit.
Thanks
yo just drove by today and it's already painted very soon will be ready.Originally Posted by propertyinvestor
u mind pm me how your fren paid for me 2br and whats the size??
Had just PM you. Last Sunday past by and hope to snap some photos. But unfortunately heavy rain at that moment. May pop by again this afternoon. Will try to snap some photos if weather permits.Originally Posted by alankc68
Originally Posted by propertyinvestor
am doing a market survey and revert the possible rental prices. i will be doing the rental and resale of celestia nearer to the TOP.
Pet