One Amber (D15, 999 years, UIC/Singland)

[Geylang OKT]

Can I choose to stay at Maryland Park or Maryland Point nowadays?

[East Coast Boy]

I also believe it will be Q1 next year. So pal, you bought for own stay or investment?

Btw ano one can share what are the land size for the following condo?

Seaview
One Amber
Esta

Sorry, I try to compare this to parc seabreeze which I saw in today paper 58000sqft. Just can seem to find my file. sigh, getting old alr.

The SeaView 546units 382,000Sqft

One Amber 562units 250,000Sqft

[pegasus]

The signboard outside the construction site now states that the Date of Completion is 28 Feb 2010 (previous 30 Jun 2009).

Saw aircon being fitted. Brand is Daiwa.

[Petmail]

I have a SUPER HIGH FLOOR SPECTACULAR SEA FACING 2BDRM FOR SALE!!! Kindly drop by www.projectlaunches.com for more information!!!

Cheers!
Pet

[yokoosi]

bubble is building...see who catches the ball

[stevej]

Hi, an agent is offering a 8th floor unit in stack 12 for 1000PSF. I am buying for stay but will dispose it if there is a quick upside.

1. Any comments on this price? Will I be able to make money if I need to sell this in the short term?

2. How much is maintenance fee at OA?

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)

Thanks

[East Coast Boy]

Hi, an agent is offering a 8th floor unit in stack 12 for 1000PSF. I am buying for stay but will dispose it if there is a quick upside.

1. Any comments on this price? Will I be able to make money if I need to sell this in the short term?

2. How much is maintenance fee at OA?

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)

Thanks

1. Any comments on this price? The offer pricing is good at current market.
Will I be able to make money if I need to sell this in the short term? Not likely as this is a bad stack with west sun with No view & traffic noise.
I will pay a little more to buy a better facing unit with pool view and No west sun if possible. Is hard to get best of both world with good view & good pricing.

2. How much is maintenance fee at OA? Not so sure..should be around 300+ for the 1st yr.

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)
Should be about 50% now.

[justsoul]

Hi, an agent is offering a 8th floor unit in stack 12 for 1000PSF. I am buying for stay but will dispose it if there is a quick upside.

1. Any comments on this price? Will I be able to make money if I need to sell this in the short term?

Stack 12 has west sun for the common areas but most of the bedrooms will be facing south, towards the sea (though the view will be blocked by the condos on the other side of amber gardens). Good thing about this stack is that it will have unblocked views of the katong area, as well as the view of the city and possibly the sea in the distance since it is not facing any other OA blocks/other condos. Nonetheless, purchasing an unit at the eight floor is a bit too steep in my opinion, since the relatively low floor means that upside potential will be limited.

2. How much is maintenance fee at OA?

350 plus was what I heard.

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)

Heard it is approaching 75%.

[Property_Owner]

Hi, an agent is offering a 8th floor unit in stack 12 for 1000PSF. I am buying for stay but will dispose it if there is a quick upside.

1. Any comments on this price? Will I be able to make money if I need to sell this in the short term?

Stack 12 has west sun for the common areas but most of the bedrooms will be facing south, towards the sea (though the view will be blocked by the condos on the other side of amber gardens). Good thing about this stack is that it will have unblocked views of the katong area, as well as the view of the city and possibly the sea in the distance since it is not facing any other OA blocks/other condos. Nonetheless, purchasing an unit at the eight floor is a bit too steep in my opinion, since the relatively low floor means that upside potential will be limited.

2. How much is maintenance fee at OA?

350 plus was what I heard.

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)

Heard it is approaching 75%.

Pal, you must know what you really want. Why you want stack 12?
Is it cause of cheap or your budget?
If dun buy this unit do you have other choices?
Upsize, down size we never know when. What if the market turns bad? We never know, as a owner I be a bull. As a buyer I be a bear. But market we never can control.
Buying a unit is a long term investment. We sure want to make money out of it. Ask yourself, how long this unit had been in the market. Is it easy to sell? If you buy will you face the same problem when you sell?

[East Coast Boy]

3. How much do you think I will have to pay immediately and how much when doing TOP etc. (yes, i can ask that agent, but i dont know him that well. better to ask someone first here, i thought)

Heard it is approaching 75%.

Hello justsoul,
If you ever buy property before, should know that before TOP you only pay up to max 60% before you collect you keys. Once you collect you key you need to pay 20% whcih total is 85%.

How you get 75%

[latour]

Quiet thread here ???

[WolleyDragon]

Quiet thread here ???

let it die a natural death. Amen.

[GGB]

Hi all, greetings. First, I declare I'm a newbie, pls be kind to me, ok? Thanks.
Just joined this forum few days back after chanced upon this forum directed from one of the link that I can't remember. LOL. I read this thread with great interest and was fascinated with your various valid viewpoints.

Got so many experts/gurus here, may I ask

1. Got any insider who know which month TOP is going to be? (so far gathered from newspaper, agents, internet that Q42009toQ12010) This is for better planning.

2. Saw one thread mentioning maintenance fee of 6 months to be paid in advance. True? (I think Casa Mera thread)

Thanks a lot

[East Coast Boy]

ONE AMBER 1,650,000 1,389 Strata 1,188psf Aug-09
ONE AMBER 2,000,000 1,701 Strata 1,176psf Aug-09

[ckt77]

Hi,

I am looking at a 3-bedder type C1 at One Amber at Blk 7 stack 20 low floor. Anyone has any comment on this stack 20 in term of its facing and direction. Does it have any west sun ?

Thanks.

[pegasus]

Heard from the developer TOP is likely to be in Mar or Apr 2010. We as owners should ask the developer for freebies for the delay from Jun 2009 !!

[Miow]

ONE AMBER 1,650,000 1,389 Strata 1,188psf Aug-09
ONE AMBER 2,000,000 1,701 Strata 1,176psf Aug-09

Recent txns at Amber/Amber Gdn Roads:

Project Name Address Area (m2) Price ($) $ psf Date
THE SEA VIEW #15-12 131 1,731,480 1,228 17-Aug-09
THE ESTA #02-12 125 1,180,000 877 17-Aug-09
ONE AMBER #19-15 117 1,380,000 1,096 17-Aug-09
ONE AMBER #19-18 158 1,837,080 1,080 14-Aug-09
ONE AMBER #03-03 89 958,000 1,000 14-Aug-09
THE SEA VIEW #16-06 113 1,678,080 1,380 12-Aug-09
ONE AMBER #09-05 89 1,053,800 1,100 11-Aug-09
AMBERGLADES #02-04 112 1,070,000 888 11-Aug-09
THE SEA VIEW #06-12 131 1,750,000 1,241 11-Aug-09
ONE AMBER #19-01 129 1,650,000 1,188 7-Aug-09
ONE AMBER #15-11 158 2,000,000 1,176 7-Aug-09
THE SEA VIEW #17-07 52 788,000 1,408 6-Aug-09

[GGB]

Heard from the developer TOP is likely to be in Mar or Apr 2010. We as owners should ask the developer for freebies for the delay from Jun 2009 !!

Thanks

Freebies?

[Reporter]

Read today's paper. Cote d'Azur selling fr 799psf, 2/3 room.

You should have grabbed it then.

If you do, you would have made a handsome profit by now.

We've heard of the Centro Effect.

Now for the Optima Effect !

The Edge Singapore

October 12 - 18, 2009

Casa Merah apartments breach $800 psf mark

Apartments at Casa Merah changed hands at above $800 psf in the secondary market between Sept 11 and 18. The surge in price was probably because of the successful launch of neighbouring Optima@Tanah Merah in August.

When it was first launched in April 2007, the apartments were sold for between $600 and $770 psf.

The $800 level has been breached four times. The first was on Aug 13, for a sixth-floor apartment with a 958 sq ft area, at $820,000, or $856 psf.

Recently, an apartment on the ninth floor with a 990 sq ft area was sold for $815,000, or $823 psf. The original owner had bought the two-bedroom unit in May 2007 for $669,280, or $676 psf, representing a 22% gain. In addition, an apartment on the 11th floor was sold for $840,000, or $848 psf.

A ninth-floor apartment on another block, measuring 1,249 sq ft, fetched $1 million, or $801 psf. The three-bedroom unit was purchased in May 2007 for $853,000, or $653 psf, representing a 17% gain for the owner.

Next ...

The Silversea Effect !

Another beneficiary of the recent surge in psf price owing to the new launches is Cote d'Azur, located next to Parkway Parade shopping centre along Marine Parade Road.

Next to Cote d'Azur is Silversea, a new condominium project by Far East Organisation launched in July. In August, transaction prices for the 99-year leasehold Silversea ranged between $1,188 and $1,351 psf. During the same period, prices transacted for Cote d'Azur apartments were betweeen $825 and $1,202 psf.

In the most recent transaction on Sept 11, a four-bedroom apartment in Cote d'Azur was sold for $1.87 million, or $1,215 psf. The 1,539 sq ft apartment on the 20th floor was bought for $1.08 million, or $704 psf, in July 2002.

[Squall8888]

East coast properties are known for its resistence because most are home stayers. Prices go down, they will stay. They will only sell if prices go up enough. And there is always demand so if bubble hits, the first property to die is those 1000psf suburban ones.

bubble is building...see who catches the ball

[Kenshinto80]

East coast properties are known for its resistence because most are home stayers. Prices go down, they will stay. They will only sell if prices go up enough. And there is always demand so if bubble hits, the first property to die is those 1000psf suburban ones.

haha.....actually tink suburban mostly are stayers. The quantum and absolute amount of East Coast properties high.....there are more speculators in D15. Plus so many condo in D15.......if bubble burst.....suburban and East Coast all die...oni perhaps Sentosa Cove super high networth folks segment will not be hit.

[ckt77]

haha.....actually tink suburban mostly are stayers. The quantum and absolute amount of East Coast properties high.....there are more speculators in D15. Plus so many condo in D15.......if bubble burst.....suburban and East Coast all die...oni perhaps Sentosa Cove super high networth folks segment will not be hit.

Yeap, I think the property price has gone too high even for investor to go in now. For those buyers who has bought or going to buy now, they will have problem selling it in future as their purchase price will be higher than the first time buyers.

[jc]

haha.....actually tink suburban mostly are stayers. The quantum and absolute amount of East Coast properties high.....there are more speculators in D15. Plus so many condo in D15.......if bubble burst.....suburban and East Coast all die...oni perhaps Sentosa Cove super high networth folks segment will not be hit.

You r wrong. If bubble burst prices of ALL AREAS will come down. Don't believe u can check transacted prices of Sail, Sentosa, Ardmore 2 for the past 2 yrs. Many speculators in D15? Do U actually have info to back or just TKSS? Some speculators yes but Not as many as Sail, MBR, the CCR areas.

[jc]

Yeap, I think the property price has gone too high even for investor to go in now. For those buyers who has bought or going to buy now, they will have problem selling it in future as their purchase price will be higher than the first time buyers.

Have u missed the boat

[jwong71]

Yeap, I think the property price has gone too high even for investor to go in now. For those buyers who has bought or going to buy now, they will have problem selling it in future as their purchase price will be higher than the first time buyers.

If u are waiting for a crash, make sure it will crash way beyond march 09 levels. Ard sti level 1400.

If not it will just be a correction before setting a newer high.

[ckt77]

Have u missed the boat

Yeap u r right. I have missed the boat . This is why my personal opinion is that anyone buying property now is commiting at very high price.

[echotrain]

Yeap u r right. I have missed the boat . This is why my personal opinion is that anyone buying property now is commiting at very high price.

That is why people miss the boat.

More than 10 years back, I can get a landed property for below a million. Now most landed properties are going for 1.5mil and up. What may sound high now may be normal in the future.

[sltc]

Hi all, last week I went into One Amber to view a few units which the contractors left the door open. I was very disappointed with the layout. The rooms are really small. Smaller than Seaview . Most of the units has the dining & living area separated by an air well. A 1300+ sqft unit looks cramp and small. Frankly, the layout is bad as compared to The Esta. Just sharing what I have seen with all. I will not consider One Amber due to the bad layout especially when most subsale units are asking for >$1160 psf. Not worth the $$.

[Reporter]

Hi all, last week I went into One Amber to view a few units which the contractors left the door open. I was very disappointed with the layout. The rooms are really small. Smaller than Seaview . Most of the units has the dining & living area separated by an air well. A 1300+ sqft unit looks cramp and small. Frankly, the layout is bad as compared to The Esta. Just sharing what I have seen with all. I will not consider One Amber due to the bad layout especially when most subsale units are asking for >$1160 psf. Not worth the $$.

Get used to the small size. More upcoming layouts will be heavily influnced by Disney's characters, especially Mickey Mouse. They will be much smaller.

[thomastansb]

East coast has one of the most recession defying prices. But don't forget, east coast rental sucks. For example, Esta 2+1 selling 1.1M. Rental only 3k. Pui. Can you imagine the yield? That is why East coast has a lot of home stayer and thus, the resistence. Got pros and cons.

You r wrong. If bubble burst prices of ALL AREAS will come down. Don't believe u can check transacted prices of Sail, Sentosa, Ardmore 2 for the past 2 yrs. Many speculators in D15? Do U actually have info to back or just TKSS? Some speculators yes but Not as many as Sail, MBR, the CCR areas.