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Thread: The Madeira & Guilin View

  1. #1
    GuilinView Guest

    Default The Madeira & Guilin View

    Has anyone done a comparison between The Madeira and Guilin View?

  2. #2
    yes Guest

    Default Re: The Madeira & Guilin View

    I believe the Madeira is much newer and looks more modern than Guilin View. Madeira also very near LRT, Guilin View maybe not so near? Madeira developed by OUB, contractor is Low Kheng Huat so quality is good. Guilin View is by CDL, not sure which contractor.

  3. #3
    Join Date
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    Default Re: The Madeira & Guilin View

    I am a specialist on The Madeira.
    Madeira is newer and nearer to amenities. So the average price psf is higher by abt $20 to $30.
    Most units in Guilin View have a good view of the Xiao Guilin.
    For Madeira, some high floor units have excellent view of the Bukit Batok/Timah Nature reserve.

  4. #4
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Madeira
    I am a specialist on The Madeira.
    Madeira is newer and nearer to amenities. So the average price psf is higher by abt $20 to $30.
    Most units in Guilin View have a good view of the Xiao Guilin.
    For Madeira, some high floor units have excellent view of the Bukit Batok/Timah Nature reserve.
    How do you compare Madeira to Hillview Regency? Same price? which is more expensive?

  5. #5
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    How do you compare Madeira to Hillview Regency? Same price? which is more expensive?
    Hillview Regency is much more expensive, typically $550 to $600 psf for high floor pool facing units. The most expensive unit, size abt 1195 sq ft, is priced at $880 K and include the interior decor worth about $80K. I almost flipped when the sales agent told me the price. Generally, Fareast Organisation likes to overprice their properties. That is why Hillview Regency and The Lakeshore still have so many unsold units. Madeira already sold out upon TOP.

    Both Hillview Regency and The Madeira are 99 year leasehold properties and their leases both start from year 2000.

  6. #6
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    If property is about LOCATION ! LOCATION AND STILL LOCATION. Madeira and Guilin View are far better than Hillview Regency. Both Madeira and Guilin View are within comfortable walking distance to Bukit Gombak MRT Station. Hillview Regency has a free feeder bus to MRT because it is too far to walk but such service only add more waiting time to travel and may not be permanent.

  7. #7
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Guilin View's design concept is neo classical, and The Madeira is modern. Both condos are within 5 mins walk to MRT. Maderia has a side gate to a few Muslim coffeeshops and a Shop N Save supermarket. Guilin View is opposite Little Guilin, has an exclusive location but only has a lousy mini coffeeshop and a very old provision shop across the street, have to walk 5 mins to Madeira's Muslim coffeeshops and Shop N Save. Guilin View is 3 or 4 years older than Maderia so it is only fair that the prices are lower. As for rental opportunities, Guilin View has Koreans and Hong Kongers, do not know about Maderia.

  8. #8
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Notice that there are very few sellers for The Maderia and Guilin View these days so maybe it is much easlier to buy into Hillview Regency. I heard that Far East do not worry about unsold units because they rent out those units, it is true?

  9. #9
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    i personally like madiera vs guilin which looks a bit older than it is. however, at present sellers in both condos esp madiera are asking for somewhat unrealistic prices (my opinion 10% above what it should be) as they are like many sellers these days - influenced by the "hot" property market which in all reality is confined mostly to the upper segment of the market. yes, there are a few units being sold & yes there are some trickle through to the middle segment but not in a way that some of these sellers make it out to be. some units have been marketed for more than a few months with sellers stubbornly holding on to their prices while buyers are unwilling to take the bait at such levels i.e. at $480 psf and above for madiera. personally <$450 psf for madeira is more of less fair for madeira.

  10. #10
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    i personally like madiera vs guilin which looks a bit older than it is. however, at present sellers in both condos esp madiera are asking for somewhat unrealistic prices (my opinion 10% above what it should be) as they are like many sellers these days - influenced by the "hot" property market which in all reality is confined mostly to the upper segment of the market. yes, there are a few units being sold & yes there are some trickle through to the middle segment but not in a way that some of these sellers make it out to be. some units have been marketed for more than a few months with sellers stubbornly holding on to their prices while buyers are unwilling to take the bait at such levels i.e. at $480 psf and above for madiera. personally <$450 psf for madeira is more of less fair for madeira.
    If the unit is high floor and has a good view, I think it can command $480 psf. For low floor units, I think u can easily get it for below $450 psf.
    The larger units or penthouses at The Madeira are the best value for money as they are transacted at $300 psf.

  11. #11
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    I was told that some owners at Madeira are asking for prices that are above their initial purchase price during launch - can anybody verify this and is it value to buy at such given its a 99-year condos after all where prices should in theory decline with time...i am just afraid if i buy now, when the drop comes, 10-15% will be easily wiped out to reflect this adjustment between prices/age.

  12. #12
    Join Date
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    I was told that some owners at Madeira are asking for prices that are above their initial purchase price during launch - can anybody verify this and is it value to buy at such given its a 99-year condos after all where prices should in theory decline with time...i am just afraid if i buy now, when the drop comes, 10-15% will be easily wiped out to reflect this adjustment between prices/age.
    Prices for 99-year leasehold condo actually appreciate faster than freehold properties when the market recovers. This is because they have better rental yield than freehold units. For example, you can see that many second hand properties near MRT(usually leasehold) are in great demand now and the prices have recovered significantly. But in Hillview Ave, although many development there are freehold, the prices are stll quite stagnent for most of them.

    So it still depends very much on the location of the properties, rather than the lease.

    Most houses in Siberia are freehold, but the prices would not appreciate.
    99-year leasehold properties in Orchard Road area are rising sky high even as they get older, especially those that has enbloc potential.

  13. #13
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    It is hard to believe that for Guilin View with 600 over units with so few
    sellers. Maybe it is true that owners there want to hold and wait for property
    prices in the West to climb.

  14. #14
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    It is hard to believe that for Guilin View with 600 over units with so few
    sellers. Maybe it is true that owners there want to hold and wait for property
    prices in the West to climb.
    Maybe they don't intend to sell? How do you know the owners of Guilin View don't have investment properties in Orchard, Newton, River Valley, Marina Bay, Keppel Bay? Maybe they find that living in Guilin View while making huge profits from buying and selling Marina Bay serves their purpose better?

  15. #15
    Join Date
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    Default Re: The Madeira & Guilin View

    I hear that many guilin owners opt to rent out given good yields if they dont get their prefered selling price. (which begs the question where they go to stay thereafter - rent elsewhere??? or maybe they do have other units tuck away somewhere??).
    Also, if they dont get their prefered price, many dont see the logic in selling only to go elsewhere to find units are even more expensive.
    I guess this leads to a limited sales.

  16. #16
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Just got a unit in Guilin for $430 psf. Buying for location but wld have prefered madiera...but was uncomfy to stretch my budget. Heard from agent a lot of sellers looking to rent out units instead or waiting for higher prices before going into market to sell or those that havent found another place yet.

  17. #17
    Join Date
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    Just got a unit in Guilin for $430 psf. Buying for location but wld have prefered madiera...but was uncomfy to stretch my budget. Heard from agent a lot of sellers looking to rent out units instead or waiting for higher prices before going into market to sell or those that havent found another place yet.
    Good price. Dun think u can find other place that is so near MRT and so cheap.

  18. #18
    Unregistered Guest

    Smile Re: The Madeira & Guilin View

    Me too, bought unit at Guilin View a year ago, chose GV because my budget
    could only get a smaller unit at Madeira. One year on, I say this is the best
    decision. GV has so much character, beautiful environment and the walking
    distance to MRT is same as Madeira. Madeira is 3 or 4 years younger,
    but 99 years is 99 years. I also notice, my neighbours who are renting out their units never have them empty for more than 2 weeks. It is much better to rent out, and wait since many of them bought at prices much, much higher 5 years ago.

  19. #19
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    How is Madeira better than Guilin View from a "living in" point of view? Anyone?

  20. #20
    Join Date
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    How is Madeira better than Guilin View from a "living in" point of view? Anyone?
    Both Madeira and Guilin View are value for money condos.
    Madeira is nearer to amenities like wet markets and coffee shops, clinics. So that explained for the extra tens of dollars per sq ft that u have to fork out.

  21. #21
    Unregistered Guest

    Thumbs up Re: The Madeira & Guilin View

    $430 psf is very reasonable price. Can you share about your unit type, high floor or low floor.

  22. #22
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    How is Madeira better than Guilin View from a "living in" point of view? Anyone?
    Madeira has a more chic feel to it cause newer, and by design. Interior is of course newer. GV feels and looks older than its age. But looks aside, GV - like many older condos - has a more spacious and family feel to it. There are more greenary in GV vs the more concrete looking Madeira. When i was looking around for an apartment the west side, I looked at GV, Palm Garden and Madeira - in the former two I found residents playing badminton and in one case "fetch" with their dog. I dont think Madeira has the space for such activities.

  23. #23
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    Default Re: The Madeira & Guilin View

    I like both Madeira and Guilin View. In the end I bought Madeira in Oct 06 because it is nearer to amenities like coffee shops, McDonald, wet market and clinics. And also because the developer was dumping the last few Madeira units at incredible discounts.

  24. #24
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    There are two other condos near the Bukit Batok MRT - The Dew and The Jade. Both are from Sim Lian. The Jade is very just besides the MRT and West Mall but a bit too noisy due to close proximity to the MRT.

    The Dew is about 10 mins walk from the MRT and naer to wet market, many coffee shops, clinics, provision shops.

    Anyone has comments on these two condos?

  25. #25
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    There are two other condos near the Bukit Batok MRT - The Dew and The Jade. Both are from Sim Lian. The Jade is very just besides the MRT and West Mall but a bit too noisy due to close proximity to the MRT.

    The Dew is about 10 mins walk from the MRT and naer to wet market, many coffee shops, clinics, provision shops.

    Anyone has comments on these two condos?
    The Dew is a bit too far from MRT to walk. But certainly it is a very cheap condo in Singapore.
    The Jade is really very convenient. But the price is about $200 psf more than The Dew.

  26. #26
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Madeira
    The Dew is a bit too far from MRT to walk. But certainly it is a very cheap condo in Singapore.
    The Jade is really very convenient. But the price is about $200 psf more than The Dew.
    10mins walking distance to MRT is still OK lah.

    One of my friend lives in The Dew and I've been to his place before. The environment and landscape is very well maintained. It has full condo facilities. Although this is an EC and selling very low at <400 psf when it was launched 5yrs ago. Looking at the cost of the newly launch condo such as La Casa selling at 500psf, It'll be interesting to see how much the resale value is when it reaches 5yrs.

    The Jade is super convenient with West maill and MRT at close proximity. More expensive than The Dew with it's better location and it's a private condo. However, the feedbacks I heard from others is that there are too few lifts to serve all 30 storeys of units. This causes long waiting time for the lift during peak hours where everyone is going to school/work. Too close to MRT can become a minus point - can hear "train door closing" for units facing the MRT. From the MRT station, you can see some of the units very clearly - privacy issue.

    There is also another Parkview Apartment further down the road. This condo looks a bit old and landscape is so so. Not very well maintained. Heard that some owners has problem selling it at even breakeven cost.

  27. #27
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    If proximity to MRT is the prime consideration, then I say The Dew is too far to walk, just like Westmere at Jurong East MRT, too near to take bus, too far to walk. The feeling of so near yet so far. Regent Heights and Hillview Regency also have the same problem.

    The Jade is super convenient, but to choose a unit at high level, out of sight from the MRT commuters (myself love to admire those big balconies) and away from the MRT noise is difficult and expensive.

    Walking distance to MRT, Maderia is near market. Guilin View, most of the units have view of Little Guilin - very rare in Singapore.

  28. #28
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    The discount at Madeira was attractive but only penthouses are available. I brought Guilin View last year and I have neighbours who have paid much more few years ago for such CDL project they thought was a sure win, beautiful scenery and close to MRT.

  29. #29
    Unregistered Guest

    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    The discount at Madeira was attractive but only penthouses are available. I brought Guilin View last year and I have neighbours who have paid much more few years ago for such CDL project they thought was a sure win, beautiful scenery and close to MRT.
    If you are thinking about buying Guilin View, you should take a trip to Guilin, China to get a feel what Guilin view is about. The guilin view here is now more than a small pool of cloudy yellowish water and absolutely not the samle scale as Guilin View in China.

  30. #30
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    Default Re: The Madeira & Guilin View

    Quote Originally Posted by Unregistered
    If you are thinking about buying Guilin View, you should take a trip to Guilin, China to get a feel what Guilin view is about. The guilin view here is now more than a small pool of cloudy yellowish water and absolutely not the samle scale as Guilin View in China.
    Although our Guilin View cannot compare to China Guilin View, it is still one of the few condos in Singapore which offers some reasonable views at very reasonable price.

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