Originally Posted by
thomastansb
I don't know. If no one is looking into Aristo for the next 6 months, then prices will continue to slide. Because the plot size, layout, facilities etc all not too ideal (very kind here). Don't forget, it was launched > 1500 psf and many are transacted > 1.7k psf. So far, Aristo is under performing so I can assume it will under perform for the years to come. If a property is good, people will know, people will buy. Doesn't look like this case for Aristo. Just look at URA data since their 2008 launch.
I mean, if you have bought Esta or One Amber or even Silversea in 2008 not so peak, prices have already recover by now + 20% gain at least. But if you have bought Aristo in 2008, it is just too bad. You are still at 30% discount level for others.
Another scenario - if you have bought ANY OTHER CONDO (most lah, some still suck like aristo), those would have out perform Aristo any time. You can name it - Icon, citylights, southbank, sail, mbr or even centris.
Also, we know East coast. If you are below 10th floor, you look at trees. You have to be above 15th floor to have a decent seaview. And Aristo is how high?
If we talk about layout of a 2 bedders, you fit a queen size bed in the MASTERROOM and you have no space to walk. I mean it literally. You can't fit a bed + your leg. I wonder how you shift the bed in or change bedsheet. Hahaha. Also, the 2nd room cannot fit a queen sized bed. The rooms are designed to be bedsheet free?
Not forgetting, 30% of the space go to the huge useless planter, balcony and BW.