The Raintree (D21, 99 years leasehold, Frasers Centrepoint)

[Unregistered]

Anyone has any idea of plans for Beauty World and empty land besides Chun Tin Road (corner of Upper Bukit Timah Road).

[Unregistered]

The difference is that Yishun and Tanah Merah condos are nearer to the HDB heartlands, where the upgraders most likely come from. Everyone knows that these upgraders will want to live near their parents (who presumable will still be living in their old HDB estates).

The Raintree in Upper Bukit Timah is not really marketed and positioned as an upgrader project, and is located not near any HDB heartland.

This could account for the lack of exposure and demand among this upgrader price segment in the market.

I think there are more speculators than genuine heartlanders / HDB upgraders. At $800k for 3 bedrooms in Yishun, it doesn't make any economic sense. Surrounding condo and EC are easily available at $480k to $550k. So u know what would be the future prices for northwood. Limited upside but greater downside.
I believe these speculators are waiting and hoping for a repeat of 1996 where a mass market condo cost $1Mil and EC would cost $600k to $700k.

Know of people who got burn badly. know your risks and do your homework.
The only winners are the developers.

[Unregistered]

Just a year ago, ST newspaper conducted a affordabilty survey on HDB upgraders. The level of affordability averages $500k to $550k for a condo.
At $800k, it certainly prices out most upgraders. It attracts speculators/gamblers/inexperience.

[Unregistered]

There's a banner at Gardenvista saying... units fr $950psf onwards!
Even if you take 20% away (coz not Bkt Timah address but still within District 21)... RT should be asking for $760psf.

[Unregistered]

There's a banner at Gardenvista saying... units fr $950psf onwards!
Even if you take 20% away (coz not Bkt Timah address but still within District 21)... RT should be asking for $760psf.

There is no comparison lah.
Gardenvista's owners probably have a lot of cash to burn.
Why would you want a development like gardenvista that is flanked by a railway, a highway with a side road below and facing a main road?

[ht]

There is no comparison lah.
Gardenvista's owners probably have a lot of cash to burn.
Why would you want a development like gardenvista that is flanked by a railway, a highway with a side road below and facing a main road?

also, putting up a banner fo such a high price is one thing, getting suckers to pay is another....

[Unregistered]

Hi guys, I'm sure the RT buyers will receive the developer supplied floor plan when you exercise the option. May I know if that floor plan is sufficient for a contracter to judge whether which walls can be hacked and which walls can't?

About the kitchen...does anyone dislike the RT kitchen? I have plans to convert it into dry and wet kitchen. Do you think that is feasible?

Thoughts and insights please...thanks!

[Unregistered]

Hi guys, I'm sure the RT buyers will receive the developer supplied floor plan when you exercise the option. May I know if that floor plan is sufficient for a contracter to judge whether which walls can be hacked and which walls can't?

About the kitchen...does anyone dislike the RT kitchen? I have plans to convert it into dry and wet kitchen. Do you think that is feasible?

Thoughts and insights please...thanks!

Why buy a coat and then cut into cheong sum later?
Original RT is good for me.
Wall, kitchen can hack but not structure eg. pillar and adjoining wall.
Your contractor should be able to advise. Preferably assess it on site.

[Unregistered]

Another question: I heard that walls cannot be hacked until legal completion of a condo. Is this true?

[Unregistered]

mybank is charging $500 for my loan conversion, i tot normally they waive the conversion fee. any of you encountering the same with your bank?

[Unregistered]

mybank is charging $500 for my loan conversion, i tot normally they waive the conversion fee. any of you encountering the same with your bank?

maybank or your bank?

for maybank, i think the choice of loan conversion upon TOP is free (1 time only).....

[Unregistered]

maybank or your bank?

for maybank, i think the choice of loan conversion upon TOP is free (1 time only).....

typo..Maybank...the RM told me free loan conversion only applicable for deferred scheme. r you with Maybank? do you have that in your offer letter?

[Unregistered]

typo..Maybank...the RM told me free loan conversion only applicable for deferred scheme. r you with Maybank? do you have that in your offer letter?

yes i took the variable loan with maybank two months ago and on deferred scheme. i can do a loan conversion upon TOP.

[Unregistered]

when negotiating your loan, you can try to negotiate for a free conversion after top. ensure it is written in black and white.

[Unregistered]

I just walked away from selling my unit today. Buyer offered $680psf for my unit facing the greenery. That's 40% profit! Oh well... went to the site yesterday and felt it is worth more than that.

Gardenvista is now asking over $1000psf. Lets hope I can let go at $800psf

[Unregistered]

Definately worth holding if you are not in a hurry to sell off. Your value will increase when nearing TOP when your place is available for viewing.

[Unregistered]

Definately worth holding if you are not in a hurry to sell off. Your value will increase when nearing TOP when your place is available for viewing.

But the question is will you be able to buy as ideal a home to live in once you have sold yours ?

[Unregistered]

At today's market price, there is very little option to purchase a home with value equitable to the RT in terms of pricing and location. I believed the above statement holds true if RT is your additional property. I myself holds 2 other private properties and is very reluctant to let go of the RT as this is a heavenly find for me, after working in london for a couple of years. The rest of the two places will have to be rented out. RT is a place either you hate it or love it deeply.

[Unregistered]

Am looking for a 3-bedroom unit facing the greenery. Preferably high floor. Do let me know if you intend to sell. Thanks.

[Unregistered]

At today's market price, there is very little option to purchase a home with value equitable to the RT in terms of pricing and location. I believed the above statement holds true if RT is your additional property. I myself holds 2 other private properties and is very reluctant to let go of the RT as this is a heavenly find for me, after working in london for a couple of years. The rest of the two places will have to be rented out. RT is a place either you hate it or love it deeply.

Honestly, I cannot imagine how one can hate the place with its surroundings.

[Unregistered]

Am looking for a 3-bedroom unit facing the greenery. Preferably high floor. Do let me know if you intend to sell. Thanks.

3 bedroom 1,270 sqft / railway facing / top floor / wld let go for immediate sales at $ 860,000 / mobile: 81243340

[Unregistered]

Honestly, I cannot imagine how one can hate the place with its surroundings.

If one day RT is infested with pests and monkeys are crawling everywhere, moulds are growing everywhere due to humidity associated with the rain forest surrounding, I can imagine some of us will start to .....

Let's do our best to make sure the management committee at RT will do their job professionally and has a long range managemnet plan to keep RT a place that every residents will be proud of in years to come...

[Unregistered]

3 bedroom 1,270 sqft / railway facing / top floor / wld let go for immediate sales at $ 860,000 / mobile: 81243340

I was at the site yesterday and noticed that work are underway that bushes are being clearing away along the rail track, including the land right opp southhaven and springdale. RT is supposed to be completely surrounded by bushes and trees and if they are clearing off the bushes at the rail side, the rail fcaing units will be facing southhaven and rail directly and I don't think this is good news for RT, esp the rail-facing unit. Besides, the price you asked is even higher than some pool fcaing unit and I think it seems high to me.

[Unregistered]

I was at the site yesterday and noticed that work are underway that bushes are being clearing away along the rail track, including the land right opp southhaven and springdale. RT is supposed to be completely surrounded by bushes and trees and if they are clearing off the bushes at the rail side, the rail fcaing units will be facing southhaven and rail directly and I don't think this is good news for RT, esp the rail-facing unit. Besides, the price you asked is even higher than some pool fcaing unit and I think it seems high to me.

Well noted and appreciate yr remarks. Bear in mind though that hill/forest facing units are exposed to high humidity esp during rainy season and pool facing units are exposed to a high noise level from the pool echoed from the surrounding blocks. That's why I made up my mind for a railway facing unit which at the end I consider to be more tranquil. Think about it.

[Unregistered]

One thing to note that this is a nature reserve land and the developer is obligated by the govt to plant back/landscape the areas which they have demolished as a result of construction works for the boundaries which is not part of RT.

[Unregistered]

Well noted and appreciate yr remarks. Bear in mind though that hill/forest facing units are exposed to high humidity esp during rainy season and pool facing units are exposed to a high noise level from the pool echoed from the surrounding blocks. That's why I made up my mind for a railway facing unit which at the end I consider to be more tranquil. Think about it.

I have been living at four different condos, incluing two where more than 30% residents are expats, in the last 20yrs and I can tell you that it is a msiconception that pool facing units are nosiy. For the first few months may be the pool will have relatively high utilization rate. There after, most of the times I am wondering how come even Sundays, the utilization rate for the pool is low (less than 5 hrs in the entire day where you will see peoples in the pool).

If you like rail facing, you got yourself a very good deal since developer pricing the railing unoits 80psf below the pool facing units. Hope you can find buyers who are crazy about your unit and don't mind to pay more than the pool facing unit

[Unregistered]

I have been living at four different condos, incluing two where more than 30% residents are expats, in the last 20yrs and I can tell you that it is a msiconception that pool facing units are nosiy. For the first few months may be the pool will have relatively high utilization rate. There after, most of the times I am wondering how come even Sundays, the utilization rate for the pool is low (less than 5 hrs in the entire day where you will see peoples in the pool).

If you like rail facing, you got yourself a very good deal since developer pricing the railing unoits 80psf below the pool facing units. Hope you can find buyers who are crazy about your unit and don't mind to pay more than the pool facing unit

peoples at the pool is not necessarily a problem, only yound children or bitrthday party for small kids may generate noise by the pools. My experience is that these are actually quite rare events at the pool. It happens less than 10 times per year perhaps.

[Unregistered]

One thing to note that this is a nature reserve land and the developer is obligated by the govt to plant back/landscape the areas which they have demolished as a result of construction works for the boundaries which is not part of RT.

The bushes by the rail are always there and why would they want to clear it away now?

I think it may be for security and safety reason for residents. As the area becomes even more populated when RT is TOP, it may not be safe if there are many bushes around.

[Unregistered]

3 bedroom 1,270 sqft / railway facing / top floor / wld let go for immediate sales at $ 860,000 / mobile: 81243340

Am not looking at the units facing the rail.
Only interested in the side ones... Blocks 93, 95 and 97.

[Unregistered]

I have been living at four different condos, incluing two where more than 30% residents are expats, in the last 20yrs and I can tell you that it is a msiconception that pool facing units are nosiy. For the first few months may be the pool will have relatively high utilization rate. There after, most of the times I am wondering how come even Sundays, the utilization rate for the pool is low (less than 5 hrs in the entire day where you will see peoples in the pool).

If you like rail facing, you got yourself a very good deal since developer pricing the railing unoits 80psf below the pool facing units. Hope you can find buyers who are crazy about your unit and don't mind to pay more than the pool facing unit

Not sure what kinda dev you lived in before but....at RT, the pool is surrounded by all the blocks (relatively high). If you have been to the site, you will have this feeling that the whole development will be looking down at you when you are in your trunks The echo may be intolerable.