If the developers are as confident the prices will go up as they claim they will, then why the rush to launch and ballot in the middle of the June school holidays?
If the developers are as confident the prices will go up as they claim they will, then why the rush to launch and ballot in the middle of the June school holidays?
There is no need for Gardens to try to launch before Affinity and for Affinity to move forward its ballot date if prices are expected to rise further since developers want to sell as high as possible. This is indeed very interesting signals to the market.
I think one wants to sell using quality while the other wants to sell fast. Just a reflection of different strategy I supposed.
☘The Garden Residences Updates ☘
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Time 9pm
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Affinity at Serangoon
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☘The Garden Residences Updates ☘
Cheque cut off
30 may 2018
Time 9pm
New Launch Review: The Garden Residences vs Affinity at Serangoon – Battle of the Northeast Titans :-)
https://singaporepropertykaki.com/20...theast-titans/
any updates on sales numbers for both projects?
heard affinity only sold 100+ units.
and gardens < 70?
Agent texted me the following
Thr Garden Residences
Just released, for your info.. that cheapest units start
1BR - $715k
1+S - $803k
2BR - $999k
2+S - 1.072m
3BR - 1.214m
3+S - 1.457m
4BR - 1.969m
5BR - 2.525m
The balloting prices for 1-3 bedder is slightly lower than what arachon posted earlier on. 4/5 bedder slightly higher. Maybe they targeting to sell the 1-3 bedder first in order to beat affinity?
What is the starting prices for Affinity?
It was a big surprise to us also, good news for those who bought.
Can buy Don't buy, wait for what ???????
2006 D7 $535,000--- 958sqft -558 psf---- 2 Bedroom
2011 D19 $1,305,800 1453sqft- 900 psf ---3+1 Bedroom PH
2018 D19 $1,604,100 1163 sqft 1,379 psf -3 Bedroom plus Study
Sometime read a bit of History help.
Last edited by Arcachon; 02-06-18 at 21:03.
Affinity sold around 90 plus units only
This means the crowd during the preview was deceiving.
Could be yours more updated though I just received this info around 8pm
Anyway 90 or slightly above 100 to me no diff, still quite embarrassing
TGR 62/613
Why tapestry and twin vew sells so well though both lousy location is because buyers from both projects felt that they already sitting on 25-35% paper gain given the price for nearby plot is higher. For Affinity and TGR, they lack of the above elements. And worse, both not cheap for their location. Their units can only move if future prices get higher.
Last edited by Xan; 02-06-18 at 21:40.
These calculations demonstrate that time literally is money - the value of the money you have now is not the same as it will be in the future and vice versa. So, it is important to know how to calculate the time value of money so that you can distinguish between the worth of investments that offer you returns at different times.
https://www.investopedia.com/articles/03/082703.asp
When people start to see Present Value and know Time Value of Money, the 10% is the winner.
prices are now more reasonable for The Garden Residences.
Just a matter of facing..
Anyway, if the location is better for both launches (e.g. near MRT) at those prices, buyers will definitely bite
Not sure after today, some will go back to buy older projects (left over units) like park place, grandeur park.. or maybe left over units in tapestry/twin vew. Left mostly bigger units
Last edited by Xan; 02-06-18 at 22:19.