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

[Unregistered]

Anyone can call for whatever prices. Only when there's willing buyer and seller at the agreed price that a deal is considered done. Question is are you a willing buyer to pay at that price, eg. $620 psf for RT? For me I bought last year at $519 psf and wouldn't be buying it if its $620 psf. Anyway, I'm not selling it even if there's a willing buyer at $620 psf because RT is the place where I'll like to enjoy my life with. Let's not get too bother with prices, just share in this website as to how we can make RT an even more enjoyable heaven for us genuine stayers. Life is to be enjoy by living in harmony with nature....including monkeys of course.

[Unregistered]

Anyone can call for whatever prices. Only when there's willing buyer and seller at the agreed price that a deal is considered done. Question is are you a willing buyer to pay at that price, eg. $620 psf for RT? For me I bought last year at $519 psf and wouldn't be buying it if its $620 psf. Anyway, I'm not selling it even if there's a willing buyer at $620 psf because RT is the place where I'll like to enjoy my life with. Let's not get too bother with prices, just share in this website as to how we can make RT an even more enjoyable heaven for us genuine stayers. Life is to be enjoy by living in harmony with nature....including monkeys of course.

Totally agree,
it is total waste of time and energy to worry about the paper gain or loss every day for a property that you purchase for your own stay!

[Unregistered]

Agreed, as long as you like the place. You can't be shifting from one place to another constantly.

[camelot]

Anyone can call for whatever prices. Only when there's willing buyer and seller at the agreed price that a deal is considered done. Question is are you a willing buyer to pay at that price, eg. $620 psf for RT? For me I bought last year at $519 psf and wouldn't be buying it if its $620 psf. Anyway, I'm not selling it even if there's a willing buyer at $620 psf because RT is the place where I'll like to enjoy my life with. Let's not get too bother with prices, just share in this website as to how we can make RT an even more enjoyable heaven for us genuine stayers. Life is to be enjoy by living in harmony with nature....including monkeys of course.

well said. couldn't agree more. as long as you can afford buying it, one shouldn't be too concerned with the price flctuations... esp when you're going to live there.

[Unregistered]

still need to keep one eye on the prices, the higher it goes, the weaker my willingness to hold on.... all said n done, if there's any offer of $1m for my 3 bed room, i'll take it and downgrade to hillview area

[camelot]

still need to keep one eye on the prices, the higher it goes, the weaker my willingness to hold on.... all said n done, if there's any offer of $1m for my 3 bed room, i'll take it and downgrade to hillview area

then i suggest u buy something at hillview first.... so when you eventually sell yr unit for $1mil, you need not buy something in hillview for much more than what they are now. can pocket the diff.....

in summary, when you sell high, you buy high too you only make money on the 2nd property... normally not the one you live in.

[Unregistered]

Nah, Hillview area is still slumpish and surrounded by HDB, doubt it will spring up as much as Bk Timah area

[Unregistered]

Did u guys read the comments made by Knight Frank's Director of Research?

He classified our RT as one of those developments that had not done well with unsold units.

How bad is RT when there's only 1-2 units left with still 1 year away from TOP!

Prices have risen and will continue to rise for RT. Casa Merah at Tanah Merah is selling at $590 - $660 psf. RT being at Bt Timah area should not be valued lower that that right?

[Unregistered]

Did u guys read the comments made by Knight Frank's Director of Research?

He classified our RT as one of those developments that had not done well with unsold units.

How bad is RT when there's only 1-2 units left with still 1 year away from TOP!

Prices have risen and will continue to rise for RT. Casa Merah at Tanah Merah is selling at $590 - $660 psf. RT being at Bt Timah area should not be valued lower that that right?

I think the guy should be fired, not because his statement that "not every mass market condo project is benefitted from the upward movement in prices...", is wrong, but because there are quite a few good examples that he can use, but he fails and ended up using raintree. Sales and price of Raintree is actually climbing up rapidly in the last ten weeks. It goes to say that this fellow did not bother to update the data before making a comment in public.

I wish he was right though that no one is interested in RT.

If three months ago I knew RT at 650 psf can still find buyers, I definitely would have bought one more unit for investment.

[Unregistered]

Did u guys read the comments made by Knight Frank's Director of Research?

He classified our RT as one of those developments that had not done well with unsold units.

How bad is RT when there's only 1-2 units left with still 1 year away from TOP!

Prices have risen and will continue to rise for RT. Casa Merah at Tanah Merah is selling at $590 - $660 psf. RT being at Bt Timah area should not be valued lower that that right?

The man is "Director of Research" at Knight Frank. What a joke? If he is "Director of Finance" or even "Director of Sales", it is easier to comprehend that he just didn't have the latest numbers on hand when he made the comments to ST. He clearly did not know what is going on...Perhaps, may be 99.5% sold and 25% climb in price in two months was not upbeat enough numbers for him.

[Unregistered]

someone esp from CB/ERA should write to ST to clarify

[Unregistered]

RT is a Rare Trophy, and a true gem in the eyes of her beholder.

I bought a unit within 4 hours of nego from the agent(secondary mkt).

During that time, no showroom for me to view but the surrounding attracts.

No doubt we made the former owner smiling to the bank, but

we bought a HOME….


Only those who own her will understand her unique and tranquil personality.

[Unregistered]

RT is a Rare Trophy, and a true gem in the eyes of her beholder.

I bought a unit within 4 hours of nego from the agent(secondary mkt).

During that time, no showroom for me to view but the surrounding attracts.

No doubt we made the former owner smiling to the bank, but

we bought a HOME….


Only those who own her will understand her unique and tranquil personality.

When we were started looking around for property late last year, we were only concentrating on freehold properties, until we accidentally discovered RT and the rest is history.....

[Unregistered]

No doubt it will make a nice home. But what about it's rental potential? And capital appreciation within, say, 5 years? (since it is 99 years LH)

[Unregistered]

I'm asking because I might want to buy for investment. I already got a home. Thanks!

[Unregistered]

I'm asking because I might want to buy for investment. I already got a home. Thanks!

Capital appreciation is there when mrt is coming the way. Rental yield is good due to its nature surroundings. For those who bought at attractive price, how much lower price can it go?

[Unregistered]

Rental at the private landed terrace houses at Hindhede Place is asking close to $10-$ 12K. Le Wood's rental is about $2.5 - $3K. IMO, Raintree, which is brand new, with full condo facilities and with a more exclusive/private location, could potentially be looking in the range of $3.5 -$4.5K ?

[Unregistered]

Last unit sold today. Raintree 100% sold out. Showflat closed at 4 pm today.

Congrats to all RT neighbours!!

[Unregistered]

Last unit sold today. Raintree 100% sold out. Showflat closed at 4 pm today.

Congrats to all RT neighbours!!

The bench mark price for the pool facing, second floor 3+1 unit from developer is 650 psf.

Almost one year to go before TOP, it will be interesting to watch how the subsale market for RT develops in the coming days and months?

The number and quality of the postings for this thread is simply staggering and it is probably the best ad for RT.

[not RT owner]

Congrats to all RT owners! *clap clap*

[camelot]

Based on current prices, if you bought over a year ago...you could easily sell with a 30% profit ... congrats!

[Unregistered]

anyone knows if got sub-sale yet? the agents had a list of a couple of units for sub-sale.......

[Unregistered]

anyone knows if got sub-sale yet? the agents had a list of a couple of units for sub-sale.......

One caveat for subsale just lodged at URA website

947 sqf for $492900
I believe the seller made about 13% profit (before deducting cost of sales such as commission and stamp duty). Net profit could be just about 10%
3 BR and 3+1 can do better

[Unregistered]

Based on current prices, if you bought over a year ago...you could easily sell with a 30% profit ... congrats!

I bought my 3-BR rail facing unit at 609K, I am willing to let go at 732K

[Unregistered]

3 Br facing rail 6th Floor for sale at $750,000

[Unregistered]

I bought my 3-BR rail facing unit at 609K, I am willing to let go at 732K

Please leave your contact information, thanks

[Unregistered]

3 Br facing rail 6th Floor for sale at $750,000

Please leave your contact information, thanks

[camelot]

One caveat for subsale just lodged at URA website

947 sqf for $492900
I believe the seller made about 13% profit (before deducting cost of sales such as commission and stamp duty). Net profit could be just about 10%
3 BR and 3+1 can do better

If the caveat has just been lodged, means the sale probably took place in Jan. The market has moved a lot since then.

[Unregistered]

If the caveat has just been lodged, means the sale probably took place in Jan. The market has moved a lot since then.

Care to share information on recent subsale of rail facing unit?

I am serious in selling, but don't know what is the bench mark price for recent transaction for this type of unit

[Unregistered]

selling prices tend to be better if you wait till TOP, where people are willing to pay premium to get a home immediately....assuming all other factors equal...but of course if everyone thinks the same way and causes a supply glut, then prices may not...