project is less than 200 units and its in D5. Not CCR. Is the price still too high at current market?Originally Posted by devilplate
project is less than 200 units and its in D5. Not CCR. Is the price still too high at current market?Originally Posted by devilplate
Quantum too high like ccrOriginally Posted by rattydrama
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 increaseOriginally Posted by devilplate
many units are for sale for $1200+ psf. that isn't an obscene profit, is it?Originally Posted by mantrix
1100 is more reasonable IMOOriginally Posted by stalingrad
haha, yep this is the main entry barrier.Originally Posted by devilplate
the problem is alot of owners not in the hurry to sell due to low interest rate.Originally Posted by mantrix
The view is good.
IMHO.
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
agreed ! $1100 is considered good buy Too bad no one will sell at $1100 at this time .Originally Posted by mantrix
Everyone bullish abt the market nowadaysOriginally Posted by focus
1100 psf? zhunbo
that means trouble and that the bubble is about to burst.Originally Posted by mantrix
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)Originally Posted by devilplate
ok...but no promise....goto schedule after 1shentonOriginally Posted by rattydrama
yalor...go and take some photos and share with us leh...Originally Posted by devilplate
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?Originally Posted by jezz
just went to peak a view...really good. very windy and higher ground can see tip of the ocean.Originally Posted by devilplate
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 landedOriginally Posted by jezz
Yes.. I also thinking of buying the 3bedder for around $1.9 to $2mil ..Originally Posted by devilplate
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.Originally Posted by focus
Cannot compare in this manner lah. No pool and may not be on high ground n may not be FH.Originally Posted by devilplate
Can only compare the vicinity projects.
What kind of view do you get from here?Originally Posted by rattydrama
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.Originally Posted by focus
3900 sq ft? that's big!Originally Posted by 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.Originally Posted by mantrix
yeah worth it if its buying for own stay.....rather den paying 2-3mio for condos if u need the spaceOriginally Posted by DC33_2008
2.6mio not a small sum too....u nid about 1.2-1.5mio cold hard cash to play....
Sianz... I am looking for the rental to cover the installment.Originally Posted by DC33_2008
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.Originally Posted by focus
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.Originally Posted by chiaberry