Hi all,
I now looking at Condo at Distrct 23: Guilin View/Mederia/Warren/The Jade.
Any views?
Rgds
Hi all,
I now looking at Condo at Distrct 23: Guilin View/Mederia/Warren/The Jade.
Any views?
Rgds
considering how hdb has gotten so expensive.. oops, i mean how much private condo prices has dropped.. any condo is good value ~
if u have to choose 1 (whch i wont for any) i will go for jade whch is in a premium locatn for entire bt btok. Remember that the 90sqm 4rm flats in bt btok centrl (blk 620 621 n 622) are already valued n sold at almost 500k. Problem is it is nt easy to get gd value buys for that proj coz jade owners tend to be quite greedyOriginally Posted by millan
The Jade is simply too near the tracks and blocked from all over. Plus that kind of prices.... you need to wear jade to buy/stay in one..Originally Posted by Regulators
Other than the facilities, the views and the amenities are the same whether u stay in Jade or the HDB blocks there, so is it worth to pay that kind of premium?
If u look out of yr window or balcony and u still see blocks and blocks of HDBs in close proximity surrounding u, u'd better get a HDB instead.
Warren seems to be a relatively better choice among the 4. Guilin View, though there is a little Guilin in front, but some Feng Shui practitioners advise the avoidance of facing such bare stony hill.
Last edited by vale; 01-06-09 at 13:35.
Very smart choices, all very near MRT stations.Originally Posted by millan
In future, if your development is not within 5 minutes away from a MRT station, be it a ulu station.... you will know that it is important to invest in any project that is near to a MRT stationOriginally Posted by hayata1972
aiya mrt station condos only applies to hdb upgraders kinda taste. talk bout the rich or ultra rich, they wont want to stay anywhere near mrt track or station....
Originally Posted by Condorich
Hi Millan,
It depends on whether you are buying for your own stay or for investments.
Prices are important, but it should not be your most important consideration if you buying it for home stay. You have to decide which condo you like best and would be happy staying in with your family e.g. The serenity of the surroundings, the convenience of nearby amenities, schools, transportation etc. So what if it is built on an expensive plot of land, yet undesirably noisy?... So in my view, don't allow the talk of "Good plot, make lots $ next time" etch in your mind if you staying there for long term. It makes it hard for you to make a good decision to buy a good home.
Make appointments to see & 'felt' for yourself the condos you are asking about. It will help you make a better decision.
Transportation - I would think all the condos you mentioned are excellently located if you like your home to be near amenities & MRT. With the exception of Warren, the rest are within walking distance to MRT. Fetches good/stable rental if you are buying the property for investment. But of course, too close to MRT would also mean more noise.
School - No "Ivy League" schools nearby. Lots of schools though.
View - Perhaps Guilin View provides the best view of the little Guilin, Bukit Batok Reserve and Bukit Timah hill (on higher floors). Madeira provides the same view (on higher floors only). Fengshui wise, no comments.
Looks - Madeira and Warren provides a modern design exterior. But its a matter of perception and likings.
Facilities - Standard from what I know. Pool, gym, security which most condos would have.
Good Luck in your house hunting..
many people live in good investment homes and nice living environment, so who says can't have the best of both worlds? those condos you mentioned are all hdb condos (meaning surrounded by hdbs) so it is better to be close to the premium hdb blocks in that area, which is bukit batok central. If I were you, I will go for Jade anytime coz it is not only near amenities n mrt, it boasts of one of the best views in bukit batok if you are able to get a high floor unit. although it is a purely hdb upgrader type of condo, i am sure this is what you are looking for.....
Jade owners are asking for the sky. Check the papers to see the asking prices... Wow.. high end of $6XX to $7XXpsf... View wise nothing to shout about... Noise level wise... Very loud...Originally Posted by Regulators
I have a friend staying there, he complains that he does not need a alarm clock as the first train wakes him up everyday...
When you try to rent out your unit to foreign talent, then you will know the difference. Closer proximity to MRT = higher rents.Originally Posted by Regulators
If u are renting out, then u shd look at the rental yield instead. No need to care abt high or low selling price, "HDB" or "non-HDB condo", noisy or not noisy, as long as the selling price is within yr budget and the rental yield is acceptable (for the whole devt as well as for yr intended unit), u invest.Originally Posted by hayata1972
If u buy Jade at $700psf, and able to rent at $3.5psf, u get 5% yield. This is the same as buying another condo at $500psf and getting $2.5psf. The only diff is yr purchasing budget.
Last edited by vale; 03-06-09 at 13:53.
Sorry to hijack here ... but I think it was not mentioned that he is not looking at rental yield ... he said with MRT it's easier to fetch higher price (probably translate to rental yield). If location no good, then no takers, then no need to talk abt yield liao rt?
noise depends on which side you face. one side has nicer view but has west sun and facing the track while the other side that faces the hdb flats has east sun and does not face the track so minimal noise.
Originally Posted by hayata1972
So... either way... not very good.Originally Posted by Regulators
Good view but loud noise and hot or Quiet but no view...
not that it is no good, all condos have plus and minus points. Plus points must stand out more than minus points in conjunction with right pricing for people to buy a property.
Originally Posted by hayata1972
Safer to buy with tenancy, then u have the yield immediately.
Btw, if the unit is able to rent out, now or in recent history, at the market rate (or higher) for that devt, then it is a good unit. U don't really need to care abt near MRT or not near MRT, noisy or not noisy, there must be something that the tenants are looking for in that devt/unit. So, as long as the yield is good, the unit is good. U invest because u want value-for-money returns, right?
If u buy for yr own use, then yr own criteria will apply, like near MRT, not noisy, good view, near amenities, near workplace, near parents house etc etc. It can be an entirely different set of criteria from buying to rent out.
Originally Posted by John Tan
Hi John,
Thks for your systematic analysis. My objective is to near MRT and amenities and for LT staying.
I myself will hope to get The Jade. Have viewed one very high high floor. Noise is not audible.
But not many sellers and agree px is high. But It is really... very convenient.
Saw Guilin also top floor, the view on Guilin is really fantastic.
thks for the good luck, but really not easy to find a good one....
What is the asking prices recently for the jade and guilin view?Originally Posted by puppet
good choice. you have to look out for a good buy at the jade now. not going to be easy as mentioned but worth a try. my advice for you is to look for a specialist agent who sells jade units and try and get him/her to do the haggling for you ...
Originally Posted by puppet
I'm planning to buy a unit for own stay and hope for capital gain at West Side condo. Now considering The Jade, Glendale Park, Hillview Park, THE MADEIRA, NORTHVALE, THE CENTRIS, YEWTEE RESIDENCES and SUMMERDALE. I choose the above as they are very near to the MRT. Not considering new launch as they are very expensive. Like to hear some feedback from anyone here.
Same here, lookiong for more than 6 months but like no many choice on the west side.Originally Posted by Rich12345
If you looking to rent to foreigners, you may want to consider Guilin View. The view is fantastic and I tell you a secret. Normally, we buy condo need high floor. This one, if you can get mid, anything 5th floor up, you will get a nice view of the Guilin. If you get higher floors, one they cost more and two, it's like google earth. Forget about the Jade. Way overpriced. The Madeira can consider. But if you are looking at price and returns, you google, you will see Madeira is way more expensive, view is so so unless u buy high floor, cost even more. I can only comment on these 3 because my friend is looking at these 3 currently.
SUMMERDALE is a bit far from MRT. Why not consider Lakeholmz, Lakeshore, caspain...?Originally Posted by Rich12345
"Anyone who has not made a mistake has never tried anything new"
he already said new one too exx. think he means newer onesOriginally Posted by CondoWE
There is no good or bad location. There is only good or bad price.
not for those who want good fengshuiOriginally Posted by Stockbroker
There is no good or bad location. There is only good or bad price.
there is actually not much supply of condo in D22 which is why i think the rental would not fall too much if recession comes, if you are investing...and if you are thinking of own stay, try somewhere in lakeholm, summerdale or westwood area will be cheaper than those caspian, laksehore and parc oasis i think. besides, i personally think that westwood area would appreciate and have more potential since they are closer to the cleantech park, NTU, and much quieter. also, the upcoming jurong regional line will bring more convenience and closer to JLD, which is yet to announce. by driving it is only 5min i think...
make your choice while some are still under valued.
Anyone can recommend which condo to buy near Jurong Gate-Way for own stay cum investment over 4 years periods. I just sold my unit which has limited price appreciation. Looking now for a 3 bedder unit which has at least 30% capital gain potential over 4 years. Currently considering Summerdale, Parc Oasis and Madeira. Any advice?