The Quartz @ Buangkok (99LH By Guocoland)

[Kenshinto]

i really dont understand what the problem is.

For owners, if you like the place, who cares what other people say?

For people interested, think for yourself lah! if you like the place or think it is worth the price, then buy.

For people who think its not worth it or think it is too expensive, just dont buy and buy somewhere else.

I really dont understand what the fuss is all about.

BTW, i am an owner.

Those people think that they are property experts and they can accurately predict market trends. And since US is in recession, this group of "Heroes" think that property prices is way now over price. They are waiting to snap up The Quartz when it drop to below $450psf or even HDB prices. To them, a private property in times of crisis should be around HDB prices. That is why they are called Heroes.

[owner of TQ]

this forums is getting out of ways.... properties agents from all over coming in to dis or promote a place.... why do that. if the development is great, people would buy.
just hope this forums would have more owners rather then agents to talk craps here.
if you like it and can afford... buy lah...
every place got pros and cons. if no money, buy HDB... if got a little more... buy suburbia condos.... got money, buy premier condo... freaking rich, go stay in sentosa....

follow your hearts, not the craps in this forums.

[UnregĄstered]

this forums is getting out of ways.... properties agents from all over coming in to dis or promote a place.... why do that. if the development is great, people would buy.
just hope this forums would have more owners rather then agents to talk craps here.
if you like it and can afford... buy lah...
every place got pros and cons. if no money, buy HDB... if got a little more... buy suburbia condos.... got money, buy premier condo... freaking rich, go stay in sentosa....

follow your hearts, not the craps in this forums.

Ha ha! Well said!

[Unregisteredagent]

All this kind of postings are from agents. They wanna talk down other property to put fear into potential buyer and then try to market their own product.

[Logic2]

"Buy the quartz 2 years later, you get 97 yrs of lease instaed of 99 yr". Very Clever???!!!

Consider those HDB in AMK & Toa Payoh etc, some of them is already more than 25 years old, yet resale price is still increasing over the year. Why?

Logically, as lease decreases, price decreases. Ironically, its the other way around. Why??

Because the inflation help to move up the price (thanks to good economic development Govt put in place).
So "the lease" decrease the price whereas "the inflation" increase the price.

But no matter what, the lease factor will surely win because it is something definite that the remaining lease will constanly decreasing and eventually 0.
It's just really a matter of time.

[quartz]

Agree. If you like the place than buy it......

BTW, i am an owner.

[Haiz!!!]

Those people think that they are property experts and they can accurately predict market trends. And since US is in recession, this group of "Heroes" think that property prices is way now over price. They are waiting to snap up The Quartz when it drop to below $450psf or even HDB prices. To them, a private property in times of crisis should be around HDB prices. That is why they are called Heroes.

So, let these predictors predict what they want.
No one knows for certain what will happen in the future.

So what if their predictions are true, can we stop them from snapping up The Quartz?
So what if their predictions dont come true, will we be there to say to their face "See!! told you so!!"

Why let them bother us? Maybe they can influence some buyers, but not all of the potential buyers. Do they have the power to influence the market? I think not.

So, to forum readers, owners, would-be owners, interested parties and critics,
Why bother? Say your piece, say what you think, and forget about it. There is really no need to have the last say. Are there any prizes for winning the argument?

Dont let it affect you, it is just a forum.

[Run road]

Are you stupid or what?

The Rivervale is more than 8-year-old. TQ is not even TOP. It is also further away from MRT station than TQ. Of course, it is much cheaper than TQ.

Have some common sense please!

You are right. TQ will also lose value fast(from current levels) after TOP. New owners can watch the depreciation. Soon it will be competing with Rivervale. There is nothing special about this location and its the same story for all condos in SengKang. Alright for living, but poor for investment.

[Run Road]

Taking into consideration the above factors,
with TR selling around $500psf,
TQ should sell around $750psf.

yes sure..
Condo lease is 8% down and price down 33% !!!
At that rate TR will be worthless in 25 years.

Similar depreciation model would apply for TQ.

Any TQ owners looking to sell in future will be breaking into a sweat :-)

[Agito1]

yes sure..
Condo lease is 8% down and price down 33% !!!
At that rate TR will be worthless in 25 years.

Similar depreciation model would apply for TQ.

Any TQ owners looking to sell in future will be breaking into a sweat :-)

Everyone knows what you are trying to do here. This says a lot about your character. I pity your family and friends to have known such a person with such character traits.

[Unregistered1234]

You are right. TQ will also lose value fast(from current levels) after TOP. New owners can watch the depreciation. Soon it will be competing with Rivervale. There is nothing special about this location and its the same story for all condos in SengKang. Alright for living, but poor for investment.

Good advise is hard to swallow... Can't agree more on this.

[Agito1]

Good advise is hard to swallow... Can't agree more on this.

hahaha.....why got so many Gei Kian "experts" around? You can go swallow ur own Bana**.......there was also a time when many people say behind LKY'back that Singapore will fail. Talk is cheap.

[Analyst 1]

You are right. TQ will also lose value fast(from current levels) after TOP. New owners can watch the depreciation. Soon it will be competing with Rivervale. There is nothing special about this location and its the same story for all condos in SengKang. Alright for living, but poor for investment.

90% of owner here is for living and not for investment. Also dont forget the majority of the owners here bought in 2006 when PSF was hovering ard $510 psf. Now DBSS is selling at $550psf.

TQ will go in tandem with HDB resale price being a sub-urban condo. Price will be stable. No doubt abt it.

[What?]

hahaha.....why got so many Gei Kian "experts" around? You can go swallow ur own Bana**.......there was also a time when many people say behind LKY'back that Singapore will fail. Talk is cheap.

Wah! How come LKY is mentioned here?

http://www.channelnewsasia.com/stori...388725/1/.html

MM Lee believes property values will continue to rise in long term

By Pearl Forss, Channel NewsAsia | Posted: 09 November 2008 2341 hrs


SINGAPORE: VIPs including Minister Mentor Lee Kuan Yew had the chance to tour The Pinnacle@Duxton on Sunday, and they were impressed by what they saw.

All seven blocks at The Pinnacle are linked by sky-bridges.

On the top-most 50th storey is a sky garden with breathtaking views of the cityscape. HDB names it "The Contemplative Zone".

On the 26th storey, there is an 800-metre long jogging track as well as fitness centres.

The Pinnacle has the highest HDB blocks in Singapore. Prices are similarly high for late buyers.

When it went on sale in 2004, 4-room flats cost $288,400 to $392,100 and 5-roomers cost $343,100 to $451,100.

428 units were offered for sale in September 2008, and this time 4-room flats cost $450,000 to $550,000 while 5-room flats cost $550,000 to over $600,000.

The Pinnacle has 1,848 units in total.

HDB says the flats still cost less than what nearby flats are fetching on the resale market.

5-room flats in the vicinity cost $593,000 to $670,000.

Minister Mentor Lee said property values are bound to go up in the long run because the government is continuously building more infrastructure and attracting higher-value investments that provide higher wages to employees.

- CNA/ir

[vic]

90% of owner here is for living and not for investment. Also dont forget the majority of the owners here bought in 2006 when PSF was hovering ard $510 psf. Now DBSS is selling at $550psf.

TQ will go in tandem with HDB resale price being a sub-urban condo. Price will be stable. No doubt abt it.

very true indeed...I dun know why ppl keep posting all these "price drop" "sure loose $" issue here...I bought TQ to stay not to speculate. Happy with my choice so far.

Can pls post more substantial issue....e.g. Any change to TOP date. Keep all these childish post away pls.

[chang]

90% of owner here is for living and not for investment. Also dont forget the majority of the owners here bought in 2006 when PSF was hovering ard $510 psf. Now DBSS is selling at $550psf.

TQ will go in tandem with HDB resale price being a sub-urban condo. Price will be stable. No doubt abt it.

Just got TQ yesterday. Some pple just got too much to say... we got $$$ to buy a place to stay but these losers still want to comment so much... they probably have no $$$ so say bad things about TQ...

[chang]

You are right. TQ will also lose value fast(from current levels) after TOP. New owners can watch the depreciation. Soon it will be competing with Rivervale. There is nothing special about this location and its the same story for all condos in SengKang. Alright for living, but poor for investment.

you no money dun talk so much... pple got $$$ to throw... LOSER

[Analyst 2]

........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

[UnregĄstered]

........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

... 500 eyeing 480 DBSS units so far ... err ... not cheap leh ...

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

[CondoTQ]

... 500 eyeing 480 DBSS units so far ... err ... not cheap leh ...

Exactly....a decent unit of 1100sqf should cost you ard $627K ! Best part...it is still HDB and MRT is not even close. Juz don't understand why ppl still say TQ is ex.

[Agito1]

Exactly....a decent unit of 1100sqf should cost you ard $627K ! Best part...it is still HDB and MRT is not even close. Juz don't understand why ppl still say TQ is ex.

Yup. Agreed. Those suckers want to think that TQ will drop below $500K because of the "recession" and then maybe prices will drop below HDB.

[chang]

Yup. Agreed. Those suckers want to think that TQ will drop below $500K because of the "recession" and then maybe prices will drop below HDB.

cant agree more... those pple keep saying the flats opp. is nice... yah rite... they will have pool view... view of our pool in TQ...

[How much]

Just got TQ yesterday. Some pple just got too much to say... we got $$$ to buy a place to stay but these losers still want to comment so much... they probably have no $$$ so say bad things about TQ...

How much did you pay for your unit?
Which block/facing?

[kennt]

cant agree more... those pple keep saying the flats opp. is nice... yah rite... they will have pool view... view of our pool in TQ...

Welcome Chang to TQ. We have many registered forumers here that will discuss constructive topics. You just need to ignore nonsence post by some un-registered ones. Alternatively you can PM some of us if you have any question.

Anyway, I think those HDB cannot see our pool, unless from a lower floor and with 45 degree angle.

[UnregĄstered]

Taking into consideration the above factors,
with TR selling around $500psf,
TQ should sell around $750psf.

TQ or TR or T-whatever, please remember to negotiate for lower-interest-rate loan.

Sibor Falls To 4-year Low
The Straits Times
Wednesday, 12 November 2008



The all-important interest rate at which banks lend funds to one another has nosedived to 0.89% - its lowest level since mid-2004.

This is likely to be good news for many home owners, who are set to enjoy lower mortgage rates soon. Rates on other consumer loans may also fall.

But the outlook is not so good for investors holding fixed deposits - as their interest rates are likely to fall as well. And businesses big and small will not necessarily get a flow-on benefit of lower borrowing costs.

[Low interest High risk]

Low interest rate doesnt mean you borrow more than you can afford.

Dont fall into the low interest trap. These interest rates will spike up fast in a couple of years.

[vic]

Gd time to do refinancing now...go for the 12 mth Sibor.

[Anxious]

Hi any idea when The Quartz will TOP?? cant wait to move in!!

[Unregistered1]

Hi any idea when The Quartz will TOP?? cant wait to move in!!

As mentioned in the recent advertisement on TQ, expected TOP will be in Q2 09 (Anytime from beginning Apr to end Jun).

Construction will finish by 17th Mar 09. Typical TOP inspection may take about 2-3 months depending on the inspection progress. Thus the likely TOP will be May/Jun 09. Key collection will take about 1 month. Renovation will take another 2 to 4 weeks depending on the complexity of the renovation.

Thus, the best estimated date of shifting in will be by Jul/Aug 09.

If you have a HDB to sell, you should start to doing so by Jan/Feb 09. Assuming it takes 1 to 2 months to find the buyer and about 4 months for completion.

[Unregistered1]

Gd time to do refinancing now...go for the 12 mth Sibor.

Hi Vic,

As per your knowledge in interest rate, do you know which bank offering the best rate? Presently, my loan is securred with UOB offering floating rate of 3.5%.

Thanks