The Peak @ Balmeg (D5, Freehold, MCL Land)

[rattydrama]

no transaction after TOP.....strange....cant sell? px too high?

project is less than 200 units and its in D5. Not CCR. Is the price still too high at current market?

[devilplate]

project is less than 200 units and its in D5. Not CCR. Is the price still too high at current market?

Quantum too high like ccr

[mantrix]

Quantum too high like ccr

not just that but buyers, looking at what the owners originally paid, may not be that willing to give them such a massive profit? After all 900 psf to 1500psf is close to 70% price increase

[stalingrad]

not just that but buyers, looking at what the owners originally paid, may not be that willing to give them such a massive profit? After all 900 psf to 1500psf is close to 70% price increase

many units are for sale for $1200+ psf. that isn't an obscene profit, is it?

[mantrix]

many units are for sale for $1200+ psf. that isn't an obscene profit, is it?

1100 is more reasonable IMO

[rattydrama]

Quantum too high like ccr

haha, yep this is the main entry barrier.

[rattydrama]

1100 is more reasonable IMO

the problem is alot of owners not in the hurry to sell due to low interest rate.

The view is good.

IMHO.

[dtrax]

haha regretted not getting this one.. i chicken out at the preview when it was beside 18gates of hell and there was a drowning incident in this previous condo b4 this was built

[focus]

1100 is more reasonable IMO

agreed ! $1100 is considered good buy Too bad no one will sell at $1100 at this time .

[mantrix]

agreed ! $1100 is considered good buy Too bad no one will sell at $1100 at this time .

Everyone bullish abt the market nowadays

[dtrax]

1100 psf? zhunbo

[stalingrad]

Everyone bullish abt the market nowadays

that means trouble and that the bubble is about to burst.

[devilplate]

i am not bullish wor....kind of neutral

[rattydrama]

i am not bullish wor....kind of neutral

If u free go there klkk and let us know yr views (since u viewed so many other projects)

[devilplate]

If u free go there klkk and let us know yr views (since u viewed so many other projects)

ok...but no promise....goto schedule after 1shenton

[jezz]

ok...but no promise....goto schedule after 1shenton

yalor...go and take some photos and share with us leh...

i really quite like this proj, build on a elevated slope and good finishing. also like the overall design, one of the best looking low rise development!

[devilplate]

yalor...go and take some photos and share with us leh...

i really quite like this proj, build on a elevated slope and good finishing. also like the overall design, one of the best looking low rise development!

Since u like tis project, u shd b the one to do the legwork n make some contribution?

[jezz]

Since u like tis project, u shd b the one to do the legwork n make some contribution?

just went to peak a view...really good. very windy and higher ground can see tip of the ocean.

good furnishing. pretty wide pool. nice landscaping. very bright and open feel.

[devilplate]

just went to peak a view...really good. very windy and higher ground can see tip of the ocean.

good furnishing. pretty wide pool. nice landscaping. very bright and open feel.

the quantum puts off all the merits....not many willing to spend close to 2mio to buy a apt in D5....i anytime go for landed

[focus]

the quantum puts off all the merits....not many willing to spend close to 2mio to buy a apt in D5....i anytime go for landed

Yes.. I also thinking of buying the 3bedder for around $1.9 to $2mil ..

Loved the place.. and I'm sure the tenants will too

But... the $2mil is good for me to buy a small FH landed.

But then $1200psf seems to be ok for FH condo near MRT. But the 2 bedder at $1500-1700psf asking is a little too rich for my liking.

[rattydrama]

Yes.. I also thinking of buying the 3bedder for around $1.9 to $2mil ..

Loved the place.. and I'm sure the tenants will too

But... the $2mil is good for me to buy a small FH landed.

But then $1200psf seems to be ok for FH condo near MRT. But the 2 bedder at $1500-1700psf asking is a little too rich for my liking.

There are only few units with good view make sure u get those. In saw ang mo doing house viewing today. I am sure they are keen.

[rattydrama]

the quantum puts off all the merits....not many willing to spend close to 2mio to buy a apt in D5....i anytime go for landed

Cannot compare in this manner lah. No pool and may not be on high ground n may not be FH.

Can only compare the vicinity projects.

[DC33_2008]

What kind of view do you get from here?

There are only few units with good view make sure u get those. In saw ang mo doing house viewing today. I am sure they are keen.

[DC33_2008]

There is a FH landed corner terrace near Kovan with land area of 3900sqft asking for $2.60mil. It has a plot ratio of 1.4 (ie. build up to 3 storey). 10-15 mins walk to mrt stn. I thought this is a quite a good deal.

Yes.. I also thinking of buying the 3bedder for around $1.9 to $2mil ..

Loved the place.. and I'm sure the tenants will too

But... the $2mil is good for me to buy a small FH landed.

But then $1200psf seems to be ok for FH condo near MRT. But the 2 bedder at $1500-1700psf asking is a little too rich for my liking.

[mantrix]

There is a FH landed corner terrace near Kovan with land area of 3900sqft asking for $2.60mil. It has a plot ratio of 1.4 (ie. build up to 3 storey). 10-15 mins walk to mrt stn. I thought this is a quite a good deal.

3900 sq ft? that's big!

[DC33_2008]

It is surely worth looking at. Would have bought it if I do not already have a landed as landed is more for own stay not for rental.

3900 sq ft? that's big!

[devilplate]

It is surely worth looking at. Would have bought it if I do not already have a landed as landed is more for own stay not for rental.

yeah worth it if its buying for own stay.....rather den paying 2-3mio for condos if u need the space

2.6mio not a small sum too....u nid about 1.2-1.5mio cold hard cash to play....

[focus]

It is surely worth looking at. Would have bought it if I do not already have a landed as landed is more for own stay not for rental.

Sianz... I am looking for the rental to cover the installment.
So means I can only look for condo and cannot buy land for rental ?

[chiaberry]

Sianz... I am looking for the rental to cover the installment.
So means I can only look for condo and cannot buy land for rental ?

The yield for landed property is lower than for condos. Somemore if you need to renovate the costs are high $$$ for landed. So yr down-payment plus renovation costs could add up to a LOT of cold hard cash. If you want rental to cover installment, condo is a better choice.

[Regulators]

Land in the central is so scarce it is just a matter of time red light rezoned elsewhere. I think changi village could be next best place for red light.

The yield for landed property is lower than for condos. Somemore if you need to renovate the costs are high $$$ for landed. So yr down-payment plus renovation costs could add up to a LOT of cold hard cash. If you want rental to cover installment, condo is a better choice.