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Thread: Clover By The Park, Bishan

  1. #811
    Unregˇstered Guest

    Default

    Quote Originally Posted by Question
    Have you applied for a position in Marina Bay Sands?
    That jerk is a conman who kept saying he is an investment banker. Who want to employ a conman?

  2. #812
    Prof Lilian Ng (NBS, NTU) Guest

    Default

    Are we near the kind of economic difficulty faced during the Great Depression? The US economy today is much stronger than it was in 1929 and the fundamentals are still pretty strong regardless of the crisis we're in.

    If you look at the numbers, they are so dramatically different. GDP growth in the US is about 1% and I'm sure it will fall but it is nothing like the -27% during the Great Depression. Unemployment is about 6.1%, but during the Great Depression it was 25%.

    Today's world is very different from the Great Depression period - there is greater linkage between fiscal policies and the economy than before and all policymakers are working together. So we are not even close to the level of difficulties faced then.

  3. #813
    Unregˇstered Guest

    Default

    Quote Originally Posted by Unregˇstered
    That jerk is a conman who kept saying he is an investment banker. Who want to employ a conman?
    Maybe Resort World @ Sentosa might employ him to con gamers?

  4. #814
    ConMan Guest

    Default

    Quote Originally Posted by Unregˇstered
    Maybe Resort World @ Sentosa might employ him to con gamers?

    Hey conman is here, looking for me? he he he

  5. #815
    Suburbia Guest

    Default

    to all suburbians, this song is dedicated to you

    http://www.youtube.com/watch?v=CEbikoW0Fn4

  6. #816
    Suburban Guest

    Default

    Quote Originally Posted by Suburbia
    to all suburbians, this song is dedicated to you

    http://www.youtube.com/watch?v=CEbikoW0Fn4
    nice leh.....thanks for sharing

  7. #817
    Clover by the Pot Guest

    Default

    This is an extremely nice project by Sim Lian well known for its good finishing and quality. However, the balcony lacks privacy. Too close to other neighbours.

  8. #818
    clove in a pot Guest

    Default

    a lot of wasted space, little living space. also too many HDB flats around for comfort. Reminds me of HDB's executive condo.

    Quote Originally Posted by Clover by the Pot
    This is an extremely nice project by Sim Lian well known for its good finishing and quality. However, the balcony lacks privacy. Too close to other neighbours.

  9. #819
    bishanlover Guest

    Default

    Quote Originally Posted by Clover by the Pot
    This is an extremely nice project by Sim Lian well known for its good finishing and quality. However, the balcony lacks privacy. Too close to other neighbours.
    No problem with balcony, u can put a blind from the ceiling to provide privacy...

    Near to HDB = near amenities which is better, you have this you can't have that.

    No issue with HDB nearby, I think it is a great project, anyway how many such projects u can find next to vast greenery like Bishan Park? With ABC remake project by govt on park, even better next time !

  10. #820
    Better than Natura Guest

    Default

    Natura HDB launching 600-736k for 120sqm
    This goes to show that Bishan still sells.....

    In fact, it makes Clover much more better buy....
    same maintenance, less restrictions..
    yet private exclusive and condo facilities...

  11. #821
    Central Kid Guest

    Smile

    I fully agree with you, I was there at both showrooms this afternoon.

    HDB still cannot compare to private. Although Natura Loft is a good project, Clover is definitely a notch if not two above Natura. Its premium in pricing is worth every cent.

    Long term (>10 years), as land become more scarce in Spore, Clover will see prices stabilising at least 1000 psf, mark my words.


    Quote Originally Posted by Better than Natura
    Natura HDB launching 600-736k for 120sqm
    This goes to show that Bishan still sells.....

    In fact, it makes Clover much more better buy....
    same maintenance, less restrictions..
    yet private exclusive and condo facilities...

  12. #822
    Unregistered888 Guest

    Default

    Quote Originally Posted by Central Kid
    I fully agree with you, I was there at both showrooms this afternoon.

    HDB still cannot compare to private. Although Natura Loft is a good project, Clover is definitely a notch if not two above Natura. Its premium in pricing is worth every cent.

    Long term (>10 years), as land become more scarce in Spore, Clover will see prices stabilising at least 1000 psf, mark my words.
    How come got ppl compare Clover to Natura Loft???

    How can compare one? One is private and one is still public with all the stupid rules

  13. #823
    so expensive! Guest

    Default

    http://www.todayonline.com/articles/284772.asp

    Weekend, November 1, 2008

    Good turnout at new DBSS project

    Tan Hui Leng

    [email protected]

    AT first glance, you might not have thought an economic slowdown was in the wind, with 1,000 visitors thronging the sale launch of the Housing and Development Board’s latest project at Bishan on Day One.

    Natura Loft, a Design, Build and Sell Scheme (DBSS) project, features three 40-storey blocks of 160 four-room flats and 320 five-room units.

    Describing the response as “enthusiastic”, developer Qingjian Realty’s deputy general manager, Mr Li Jun said: “In fact, online registrations started coming in at 8am ... There are interested buyers who have not even seen the show flat.”

    The crowd was a mix of young couples and families looking to upgrade. IT professional Ashley Yong turned up with fiancee Rebecca Lim.

    “We can’t afford a private property, and we like this location,” he said. His parents live in Bishan and the couple expects several Government grants to help them finance their first flat.

    “Economic crisis or not, I don’t expect public housing prices to come down by, say, 50 per cent, especially in a prime location like Bishan where resale flat prices will still continue to be high,” added the 32-year-old.

    One prospective upgrader was project manager Edmund Lim, 40.

    “I am here to compare the differences between a DBSS flat and a private condominium,” said Mr Lim, who lives in a Pasir Ris executive flat with his wife and nine-year-old daughter.

    Still, good turn-out aside, by the time the show-flats closed at 6pm on Friday, there were just 80-or-so applications.

    So, has the weakening economy dampened the mood of property hunters — especially with Natura Loft units asking prices higher than DBSS flats at Boon Keng and Ang Mo Kio?

    In January, more than 1,100 applied for 714 DBSS units at City View@Boon Keng on its first day of launch. In July, 130 applied for 578 DBSS units at Park Central@AMK within the first few hours after having been launched on a Wednesday.

    Calling the first-day take-up at Natura Loft “normal”, Mr Li said the company expects a better response this weekend.

  14. #824
    Unregˇstered Guest

    Default

    Quote Originally Posted by so expensive!
    http://www.todayonline.com/articles/284772.asp

    Weekend, November 1, 2008

    Good turnout at new DBSS project

    Tan Hui Leng

    AT first glance, you might not have thought an economic slowdown was in the wind, with 1,000 visitors thronging the sale launch of the Housing and Development Board’s latest project at Bishan on Day One.

    ....................

    Calling the first-day take-up at Natura Loft “normal”, Mr Li said the company expects a better response this weekend.
    Cheap compared to the normal HDB flats!
    No wonder so many are buying.

    [/QUOTE]

  15. #825
    What? Guest

    Default

    Quote Originally Posted by great response!
    Natura Loft saw 280 bookings on first weekend
    Monday, 3 November 2008, 1740 hrs

    The property market may not be as bubbly but more than half of the units being offered in Singapore’s fourth condo-style public housing project at Bishan, have been snapped up.

    Natura Loft at Bishan's developer, Qianjian Realty, says it received more than 280 bookings on the first weekend following its launch last Friday.

    The project under the Housing Board's Design, Build and Sell Scheme or DBSS, will feature three 40-storey blocks of 160 four-room units and 320 five-roomers.

    The developer says the take up rates for both the 4-room and 5-room flats are on par.

    China-based QianJian says more than 4,700 people visited the Showflat over a three-day period.

    The four-room units of about 1,020 square feet each are priced from $465,000 to $586,000.

    The five-roomers of 1,290 square feet will go from $600,000 to $739,000.

    That works out to between 450 and 570 dollrs per square fott.

    The prices are a notch higher than HDB's third DBSS project, Park Central at Ang Mo Kio.

    This was priced between $400,000 and $500,000 each for four-roomers, and $600,000 and $670,000 for five-roomers.
    280 bought during the weekends?
    Sure or not?
    So good meh?

  16. #826
    Join Date
    Jun 2008
    Posts
    293

    Default

    Quote Originally Posted by What?
    280 bought during the weekends?
    Sure or not?
    So good meh?

    280 submitted application for the option to buy. Going by the trend, there will be some who submitted because they are kiasu and just want to try their luck.
    Sadly, there will be people with the herd mentality and jump in to submit their application before they first do their sums properly. Once they did their sums, they will find that the flats are priced beyond what their income can comfortably support.
    Afterall, they are not suppose to earn more than $8,000 per month.

    Lets wait for the real take up rate. Anyway, still seeing Boon Keng and AMK DBSS advertising, so they are not fully taken up too. I don't think this will be any different.

  17. #827
    Question Guest

    Default

    Quote Originally Posted by iridrium
    280 submitted application for the option to buy. Going by the trend, there will be some who submitted because they are kiasu and just want to try their luck.
    Sadly, there will be people with the herd mentality and jump in to submit their application before they first do their sums properly. Once they did their sums, they will find that the flats are priced beyond what their income can comfortably support.
    Afterall, they are not suppose to earn more than $8,000 per month.

    Lets wait for the real take up rate. Anyway, still seeing Boon Keng and AMK DBSS advertising, so they are not fully taken up too. I don't think this will be any different.
    You mean they want to get banned from apply for a HDB flat the next time under the new HDB regulation?

  18. #828
    Unregisteredxx Guest

    Default

    they only get banned if they are successful in the application and reject to take up the offer.

    i think alot of ppl with combined income of 10k are trying their luck.
    if they get rejected as not qualified, i dont think they will be banned.

  19. #829
    Curious Guest

    Default

    Quote Originally Posted by Unregisteredxx
    they only get banned if they are successful in the application and reject to take up the offer.

    i think alot of ppl with combined income of 10k are trying their luck.
    if they get rejected as not qualified, i dont think they will be banned.
    You mean there is a chance they will accept the application from those with >$10k monthly income?
    If not, why bother to try?

  20. #830
    Unregistered999 Guest

    Default

    Quote Originally Posted by Curious
    You mean there is a chance they will accept the application from those with >$10k monthly income?
    If not, why bother to try?

    If they earn > $ 10K, they should buy freehold condo or landed property rather than HDB.

  21. #831
    Unregˇstered Guest

    Default

    Quote Originally Posted by Unregistered999
    If they earn > $ 10K, they should buy freehold condo or landed property rather than HDB.
    < $8,000: .. buy HDB flats.
    $8,000 < $10,000: buy executive condos
    > $10,000: . buy private properties

  22. #832
    Unregisteredx Guest

    Default

    < $8,000: buy HDB flats.
    $8,000 < $10,000: buy executive condos
    $10,000 < $15,000: buy leasehold condos
    $15,000 < $20,000: buy freehold condos
    > $20,000: buy landed properties

  23. #833
    Unregisteredoooohhh Guest

    Default

    Quote Originally Posted by Unregisteredx
    < $8,000: buy HDB flats.
    $8,000 < $10,000: buy executive condos
    $10,000 < $15,000: buy leasehold condos
    $15,000 < $20,000: buy freehold condos
    > $20,000: buy landed properties
    Some ppl less than 8K also can stay Condo mah. Papa sponsor $$.

  24. #834
    Unregˇstered Guest

    Default

    Quote Originally Posted by Unregisteredoooohhh
    Some ppl less than 8K also can stay Condo mah. Papa sponsor $$.
    Some people don't work also can stay in GCB.
    Wah lau! We are talking in general.

  25. #835
    NUnregistered Guest

    Talking

    Who set this rules... Havent you see people struggle to pay maintenance fee in condo ? havent you see porsche and Merc in HDB ? crap.


    Quote Originally Posted by Unregisteredx
    < $8,000: buy HDB flats.
    $8,000 < $10,000: buy executive condos
    $10,000 < $15,000: buy leasehold condos
    $15,000 < $20,000: buy freehold condos
    > $20,000: buy landed properties

  26. #836
    Unregˇstered Guest

    Default

    Quote Originally Posted by NUnregistered
    Who set this rules... Havent you see people struggle to pay maintenance fee in condo ? havent you see porsche and Merc in HDB ? crap.
    Hello! In general.

    Quote Originally Posted by Unregistered
    Some people don't work also can stay in GCB.
    Wah lau! We are talking in general.

  27. #837
    Unregˇstered Guest

    Default

    Quote Originally Posted by What?
    280 bought during the weekends?
    Sure or not?
    So good meh?
    No more 280 lah.
    Now already 500. More than the 480 flats available.

    Quote Originally Posted by mr funny
    http://www.channelnewsasia.com/stori...388925/1/.html

    Demand for and prices of public housing flats expected to stay resilient

    By Wong Siew Ying, Channel NewsAsia | Posted: 10 November 2008 2054 hrs


    SINGAPORE : The demand for and prices of public housing flats are expected to remain fairly resilient despite the economic downturn. Market watchers said this applies to both resale and new units.

    Close to 9,000 people have visited the Natura Loft showflat since it was launched for sale on October 31.

    Its developer, Qingjian Realty, has already received 500 applications, mostly for four-room units there. But only 480 units are being offered, and these are going for between S$450 and S$570 per square foot.

    Sales will close on November 15 and Qingjian expects demand for the new flats to be robust. Natura Loft is the Housing and Development Board's fourth condo-style public housing project.

    Similarly, interest for public resale flats has not slowed. Property agents said the number of viewings for resale units jumped by 15 per cent in the last six weeks.

    Eric Cheng, executive director, HSR Property Consultants, said: "I did an interview with one of the consumers, they were sharing with me that 'In today's market, I don't know how long my job will last, so to safeguard, I would rather go for subsidised (a) house, that is HDB, because how low could HDB go, HDB houses always will have a valuation to support the base value of the units'."

    Market watchers expect prices of resale flats to grow by about 4 per cent in the fourth quarter, slightly slower than the third quarter - which saw a 4.2 per cent growth.

    ERA real estate agency projects price growth in the HDB resale flats segment to be at between 15 and 17 per cent for the whole of 2008. And it also said it is going to be a buyer's market for now, due to the challenging economic conditions.

    Eugene Lim, associate director, ERA Asia Pacific, said: "Most of the buyers will start their negotiations at below valuation... by and large, most of the deals are pretty realistic nowadays, and cash over valuation very rarely will be more than S$40,000 to S$50,000. ... the days of S$100,000 or S$120,000 cash over valuation... are over."

    Market players said the outlook for Singapore's property sector may be hazy in the short term, but the prospects still look bright beyond 2010. They said that is because Singapore has plans in place that will help to create jobs and boost the economy. - CNA/ms

  28. #838
    young housewife Guest

    Default big open balcony not safe

    given that this property is targetted at families, the design is not at all safe for family with young children.

    We actually like the location and the size of the units, but they have such big open balcony. There are already some scary and sad news about young toddlers falling from balcony, so we think it may not worth to spend the money just to buy a future home full of worries.

  29. #839
    Teacher Parent Guest

    Default

    No issue with the balconies, they are standard height. What we need is education for the children (from as young as 2 years) to know what is safe and what is not.

    Even without balconies, if children are not properly educated about safety, many incidents can still occur inside the house.



    Quote Originally Posted by young housewife
    given that this property is targetted at families, the design is not at all safe for family with young children.

    We actually like the location and the size of the units, but they have such big open balcony. There are already some scary and sad news about young toddlers falling from balcony, so we think it may not worth to spend the money just to buy a future home full of worries.

  30. #840
    Join Date
    Mar 2008
    Posts
    181

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    Another quality Virtual Showflat proudly brought to you by urs sincerely, home-run. Enjoy !!!

    Cheapest unit starts from $863K up!!!
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    Already more than 50% sold!!! Priced to sell...
    Definitely better than DBSS!!!
    Appreciation potential!!!
    Can always email/call/sms for enquiries.
    No obligations =) while choice units last

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