Originally Posted by Unregistered
But at around $650 psf!
Compare that to $400 psf!
YES - Not enough CPF Minimum Sum...sigh.
YES - Need to get higher loan for Condo. Not worth it.
NO - I can get good rental yield. Shiok man.
NO - Other reason.
But at around $650 psf!
Compare that to $400 psf!
Bought already last year...I am telling the person on Rivervale
EC will depreciate faster than condo. Juz my 2 cents.
Why???????
B'cos ppl know you got grant from Govt when buying...so eventually they will ask for a lower resale price. This happened to my friend staying in the north. He bought $6.2K after grant...but only able to sell at $500k. Of course the market condition plays a part. I guess EC will be a good choice if the market is at the peak as most ppl cannot afford a condo by then. But now since the price has not gone sky high, more advisable to go for condo.
Foreigners WILL buy condo in the north east. That's b'cos very soon Seletar will become an aerospace hub.
Seletar Aerospace Hub ready in 3 years' time?
Just nice.
The Rivervale will become a full condo in 3 years' time.
If I know you got a discount from developer, should I press you for a lower price?
It doesn't work this way. The price is determined by the market.
Which area? Woodlands?
BTW, for property now even for freehold, it will not appreciate unless you get town or maybe small property with lesser units where enbloc is possible, else property will depreciate. BUT the question is by how much only. That's what I feel.
can reveal why you say so?
cos I searched the prices of freehold condo at Flora rd/drive..east side..when I wanted to get Ferraria Park..but realise that condos arouond that area did not increase in prices. I also look at prices of other 99yrs condos in other areas, seems like it didnt increase too.. This is just my feel...trend may be going otherwise now.
spoke to the agent. new stacks should be releasing end of this month. no details yet though. would be interesting to see how the developer going to price it...
Is it together with the new showflat? actual units?
suppose so..else no reason to take up to 2 months for new show flats..unless deliberately holding back in anticipation of releasing at a higher price..
I called the developer recently they told me that they re-do the present showroom for the new launch. I think they are asking for higher price.
Have you heard of Farrer court, a huge HUDC 99-yr leasehold 29 yr-old project? It is a huge developemnt, not small property with lesser unit. Less than 12 months ago, each unit transacted at 900K which was at a recent high already. The project just enbloc for a record 1.3 billion and each unit get at least 2.3 million.
Unfortunately, the party is pretty much over. All the old run down condos even in non prime locations are asking for the sky. Prine grove and pandan valley are two examples that I know of. Units in these two places are asking to close to two millions. I think it is not worthy taking the risk at all.
One 1,334sqft 3bedder at The Rivervale just sold at $580k.
Wow! Buangkok MRT is getting hot!
How much profit the owner pocketed huh?
7-years-old property. How would anyone know?
I think not much, after bank interest and $580K for 1334 sqft is not expensive.
rivervale condo or crest. the former is EC. while i was shopping around a 1141 sq ft 3 bed room at crest asking 530K just last month..pool view tho. i offered 525 but owner rejected. ended up at quartz as a result.
which floor is $530K??
on the 9th floor
on the 9th floor
Good choice. Better location, full condo & new!
high floor and slightly bigger but a hefty sum of $170K more..impressed by the layout and facilities..but main reason along MRT main line and not LRT..opportunity to fetch better rental..
the unit i interested at Rivervale Crest was dark and gloomy..viewed twice to confirm ..once in the late morning and the mid afternoon...
just curious.
would you take dark and gloomy or sunside hitting your backside everyday?
Compass Heights
3bedrms. Super Convenience, High Floor, Totally Unblock, Shopping Mall, MRT, LRT, and Bus Interchange, 1324sqf all right at your doorstep. Asking $750k NEG.
saw 1 unit in may this year...i think slightly above 1,300 sq feet. 650K negotiable then..
Didn't quite like cos...above mrt and interchange..no land....all sitting on others..
Depending on the price & how bad is the sunside..
Actually I prefer sunlight but not direct
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