The Quartz @ Buangkok (99LH By Guocoland)

[UnregĄstered]

Private Residential Units Sold in the Month of August 2008

Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
The Quartz ....... OCR ....... 15 ............................. 832 ................ 725 ............... 559

$832psf! Another high for TQ! Swee!

[Freehold]

$832psf! Another high for TQ! Swee!

Congrats, if a 99-year leasehold project can go that high, the freehold ones will go even higher.

[789]

Congrats, if a 99-year leasehold project can go that high, the freehold ones will go even higher.

not necessarily so. depends on location and a lot of other factors.

[Freehold]

not necessarily so. depends on location and a lot of other factors.

Most freehold condos are located quite remote (bukit timah, east coast, etc), and no matter how far they are located, in general they command much higher price.

When selling their units, freehold owners don't have time pressure.
This is not the case for 99-yrs leasehold as the value of the units (i.e. the tenure) will erode with time.

[789]

Most freehold condos are located quite remote (bukit timah, east coast, etc), and no matter how far they are located, in general they command much higher price.

When selling their units, freehold owners don't have time pressure.
This is not the case for 99-yrs leasehold as the value of the units (i.e. the tenure) will erode with time.

freehold properties in telok kurau are not expensive. so are those in geylang. but in general, do agree with your view that freehold owners don't have time pressure.

[New TQ Owner]

Seem that TQ is a good choice compare with some other condo. It has most of the requirement that I want; 3 mins to MRT, 24 hours NTUC, near to town centre, not so ulu, nice layout, full facilities, more than enough underground carpark lots and low maintenance fee.

[Unregistered1]

Seem that TQ is a good choice compare with some other condo. It has most of the requirement that I want; 3 mins to MRT, 24 hours NTUC, near to town centre, not so ulu, nice layout, full facilities, more than enough underground carpark lots and low maintenance fee.

u agent or what? how you know low maiteneance fee..not even top and committee not formed..how to tell...based on number of units??

low how low...any indicative?

[New TQ owner]

u agent or what? how you know low maiteneance fee..not even top and committee not formed..how to tell...based on number of units??

low how low...any indicative?

I am a new TQ owner, I was told by my agent the maintenance fee is about $190 to $210 per month.

I think given total units of 625 x $200 (ave) = $125,000 per month for maintenance should be more than enough.

[Unregistered?]

I am a new TQ owner, I was told by my agent the maintenance fee is about $190 to $210 per month.

I think given total units of 625 x $200 (ave) = $125,000 per month for maintenance should be more than enough.

not exactly..9 blocks high rise minimum 2 lifts each. swimming pool, landscaping, 24 hours security, common area cleaning and maintenence including electricity, tennis gym etc etc..sinking fund and others for future repainting..normally within 5 years..$200 is tough to accumulate enough for future without topping up ..of cos the argument will be very little maintenance for first few years because practically everything new..simple analogy will be a brand new car..don't have to bother first 3 years but subsequently a fair bit needs to be done..

Developer will not pay after warranty period is over..

[Unknown]

not exactly..9 blocks high rise minimum 2 lifts each. swimming pool, landscaping, 24 hours security, common area cleaning and maintenence including electricity, tennis gym etc etc..sinking fund and others for future repainting..normally within 5 years..$200 is tough to accumulate enough for future without topping up ..of cos the argument will be very little maintenance for first few years because practically everything new..simple analogy will be a brand new car..don't have to bother first 3 years but subsequently a fair bit needs to be done..

Developer will not pay after warranty period is over..

How about Livia, anyone heard what will be the maintenance fee?
There are many more units there, so I suppose the maintenance fee will be lower.

[Un]

How about Livia, anyone heard what will be the maintenance fee?
There are many more units there, so I suppose the maintenance fee will be lower.

It is about $250 - $340 per month dependg on floor/size...
I thought Livia is good and it is lowest now among 99 yrs leasehold.

[I see]

not exactly..9 blocks high rise minimum 2 lifts each. swimming pool, landscaping, 24 hours security, common area cleaning and maintenence including electricity, tennis gym etc etc..sinking fund and others for future repainting..normally within 5 years..$200 is tough to accumulate enough for future without topping up ..of cos the argument will be very little maintenance for first few years because practically everything new..simple analogy will be a brand new car..don't have to bother first 3 years but subsequently a fair bit needs to be done..

Developer will not pay after warranty period is over..

so for devts with much fewer units and the same number of facilities, the maintenance will definitely be very much higher.

[mass]

It is about $250 - $340 per month dependg on floor/size...
I thought Livia is good and it is lowest now among 99 yrs leasehold.

most mass condos have lower maintenance fees than those smaller condos.

[Maint fees]

most mass condos have lower maintenance fees than those smaller condos.

The Quartz maintenance fees are ranging from $190 (1023sqft) to $255 ($1916sq ft). For majority of us staying around 1023 sq ft to 1,200 sq ft, maintenance fees should be at a low $200 which is very much affordable. (Almost similar to those staying in a executive HDB).

[mass]

The Quartz maintenance fees are ranging from $190 (1023sqft) to $255 ($1916sq ft). For majority of us staying around 1023 sq ft to 1,200 sq ft, maintenance fees should be at a low $200 which is very much affordable. (Almost similar to those staying in a executive HDB).

so if it is $255, then it is not tough to accumulate enough for the future like what someone said previously.

[Unregisted?]

so if it is $255, then it is not tough to accumulate enough for the future like what someone said previously.

it will be a concern if you are buying to stay..if for rental..it doesn't really matter as you can expense the fee from rental income...

[New TQ owner]

so if it is $255, then it is not tough to accumulate enough for the future like what someone said previously.

Right, more than enough, $255 x 625 units = $159,375 per month x 12 months = 1.9 million per year . I think no need so much to maintenance a condo.

[Unregistered?]

Right, more than enough, $255 x 625 units = $159,375 per month x 12 months = 1.9 million per year . I think no need so much to maintenance a condo.

so back to the question of low..from $190 to $255..that's a 35% different.

my point is at $255 it's not low anymore..most condo inclusive of sinking fund is around that price.

any idea what's the monthly sinking fund for Quartz or it's already in the $255???

[Unregistered1]

so back to the question of low..from $190 to $255..that's a 35% different.

my point is at $255 it's not low anymore..most condo inclusive of sinking fund is around that price.

any idea what's the monthly sinking fund for Quartz or it's already in the $255???

can someone do a quick calculation...

i) 3 shift security
ii) Pools maintenance
iii) Lifts maintenance assuming hydraulic
iv) Landscaping, roof terraces and water features
v) Electricity for common areas inclusive lift lobbies.
vi) Gym x 2 maintenance
vii) Cleaners for upkeeping
viii) Garbage contractors to clear on a daily basis
ix) maintenance for common bathroom at pool and gyms
x) Reserve funds for future or emergency
x) any others that i missed out


it's not fair to filter in the 22% electircity hike at this point for computation...so just based on the current fee before adjustment. that should be a fair guage of the monthly fee. and in any residence committee, it's only healthy to set aside a minimum of 10% to 15% for future or emergency..

[Norm]

can someone do a quick calculation...

i) 3 shift security
ii) Pools maintenance
iii) Lifts maintenance assuming hydraulic
iv) Landscaping, roof terraces and water features
v) Electricity for common areas inclusive lift lobbies.
vi) Gym x 2 maintenance
vii) Cleaners for upkeeping
viii) Garbage contractors to clear on a daily basis
ix) maintenance for common bathroom at pool and gyms
x) Reserve funds for future or emergency
x) any others that i missed out


it's not fair to filter in the 22% electircity hike at this point for computation...so just based on the current fee before adjustment. that should be a fair guage of the monthly fee. and in any residence committee, it's only healthy to set aside a minimum of 10% to 15% for future or emergency..

In the first two year after TOP, the general maintenance needed is minimum as everything is still new and the extra money will goes into the reserve fund. However, things will start to fail after that (common area doors, windows, lightings, walls, toilet, swimming pool, pump, etc, etc). 2xx is a norm in most condo.

[Unregistered1]

In the first two year after TOP, the general maintenance needed is minimum as everything is still new and the extra money will goes into the reserve fund. However, things will start to fail after that (common area doors, windows, lightings, walls, toilet, swimming pool, pump, etc, etc). 2xx is a norm in most condo.

yup..mentioned earlier minimum in first 2 years..those highlighted were day to day not major..will fall apart sooner if not kept in tag..

the point is "not cheap" ...if $2++ is the norm..then what's the difference between TQ and the rest in terms of maintenance..just quoting the fact that it was stressed in earlier thread about low maintenance fee..

[Advise]

yup..mentioned earlier minimum in first 2 years..those highlighted were day to day not major..will fall apart sooner if not kept in tag..

the point is "not cheap" ...if $2++ is the norm..then what's the difference between TQ and the rest in terms of maintenance..just quoting the fact that it was stressed in earlier thread about low maintenance fee..

If the maintenance is low, you will need to increase it to handle higher maintenance cost later. Voting to get the SP to agree on raising the maintenance fee is worst than moving a mountain. It's not going to happen. You will suffer later on because of this.

[Unknown]

If the maintenance is low, you will need to increase it to handle higher maintenance cost later. Voting to get the SP to agree on raising the maintenance fee is worst than moving a mountain. It's not going to happen. You will suffer later on because of this.

Well, I wouldn't bother too much about maintenance fee, I think the different between various condos would be no more than $100.
I would rather bother about some other important stuffs like location, surrounding env, access to public transport, leasehold vs freehold, etc.

[SIA]

Hi all Quartz owners,

Just to share with you. Photos taken this morning.

View from buangkok Drive


View toward Ponggol Park if you stay 8 floors and above, unblock by the fire station.

[SIA]

more...

block 51 and showflat




Block 53

[SIA]

and more...

Block 55



Block 59


Block 63


Block 67 & Swimming pool

[SIA]

and last but not least....

Sky Gym





sign outside the construction

[kal]

shld be at least 6-9mths more to TOP..

[Thank you]

and last but not least....

Sky Gym





sign outside the construction

Thank you, the photos were so well taken.

[TQ1]

and last but not least....

sign outside the construction

Hi SIA, thanks for the update. Anyone can estimate if the construction complete on 17th Mar 09, when will be the expected TOP? Usually how long will it takes to complete the inspection and ready for TOP?