At least here it comes with a parking lot!Originally Posted by Condorich
Senior
At least here it comes with a parking lot!
Newbie
Interesting why a resale freehold in District 10 is worth close to a new LH condo in District 12. Is this the new market pricing or are buyers simply not aware there exists a resale market?
Address: Chateau LeFame 51 Ewe Boon Road
Tenure: Freehold
PSF: $911
Area Sqft: 1119
Price: $1020K
Contract Date: Jul 09
Junior
true also, higher it rises the happier i am.
but really, you pay $1000psf for cemetary property at least can understand, as surroundings are all park/private. like an enclave.
$1000psf right smack in the hdb heartlands? dey, might as well just buy a flat, do up reno swee swee, gold plated taps and all. then use the cash you save to buy a 2nd hand gallardo or something
Senior
With the deficit incurred by the US in this crisis, it may take a long while before the currency can return to $1.60. One will need to go there very often and spent a lot each time if invested a lot in US currency. An alternative is to send the children for further studies in US using the US$.yes i do, but i'm not in a hurry to convert it back. can always use it for a US holiday.
New Launch Project Specialist
Let's see how many foreign buyers walk out of the deal.
Junior
maybe they walk on sun mornings 6am or something. Cock lah. During peak hour my place to Raffles MRT measured 600m still at least 10 mins walk, somemore aircon underpass all the way. Trevista cut through void decks etc etc - how to 5-6m walk?
wah lau i thought this place like $600-700psf nvm, a bit ex but ok lah considering all the hype. but $1000psf? ninamia...
Senior
Looking at the statistic from the report, it seems that there could be quite a number of genuine upgraders from Toa Payoh residents and children who wants to stay near their parents. Wonder what is the average age of residents in Toa Payoh? This could be the heartlanders from Toa Payoh who does not want to move out from here.
Newbie
i timed myself and its about 3.5mins walk at normal pace.
Senior
Maybe there is a typo in their advertisement. They meant 3 minutes drive.
Senior
What is the distance to the MRT stn?
Newbie
.....could be an old pty? then u need to plough in funds for extensive reno. I did consider buying an old pty as ultimately, u may spend the same amt altogether on the old pty + reno as compared to a new pty. however I realised the main difference is that with the new pty, I can take up to 80% for HL at low interest rates whereas for the old pty, I will need wads of cash for the reno as reno loan is only up to a very low limit & the interest rate is very high. since I no haf cash, I gotta look at new pty. also extensive reno or A&A for an old pty comes with its own set of headaches as u gotta deal with the contractor & make sure everything is up to mark. this could also be the reason why many pp look at new pty......apart from the Sg kiasu mentality tat new must be better than old.
Newbie
Ha ha.. nice reply.. so smooth sailing for you if that is the case.. sail away... sail away...
don't need gallardo.. new lexus convertible will do fine.
Junior
it simply makes the Peak (hdb BTO) more attractive... lol
the rally started bcos price gap between condo & hdb were narrowing.. now it isnt anymore
Newbie
I was told developers are "buying" into their own development by various means to reach a takeup rate so that banks will match the selling price. Then the rest of the units will just follow. For resale the banks valuation is always lower since the number of transactions is too low to give the bank's the safety factor.
Junior
aiya no big deal lah, all condos are more or less the same. think of it as i paid same price as centro, but in a different location lor. ain't gonna sell anyways, too mah fun.
is250c sucks. bo lak, kah chng ka tua
Junior
My guess is that there r a lot of strong demand for new housing in mature estate, probably most people want to stay near their parents. the supply for new housing in mature estate is very limited or totally non-existence.
Sad to say, I'm one of the victims.
The supply problem is worsened by the government policy to fill up the Sengkang/Punggol area. Hence most/all new public housing are launched there!!! The government in their drive to fill up Sengkang/Punggol has inadvertently cause a "weakening in family ties", forcing children to move to far-away Sengkang/Punggol while parents to remain in their original estate. Those who want to stay near their parents have no choice but to buy from private developers who charge ever increasing prices.
I hope the relevant ministry(s) will come to understand the implications of their policies soon.
Junior
senkang is not that bad, facade of the newer hdbs look like mass mkt condos. while reno i stayed there for 2 mths, my mum stays bt timah. kpe to town damn fast lor. drive 80kmh in kpe, speed cameras allow 10% variance, steady bom pi pi
Newbie
I am a Toa Payoh folk for 30 years. I use to stay at Blk 123 just directly opposite the Trevista. Yes, it is indeed a cool 3 minute walk to Braddell stn and 5/6 minutes walk to Toa Payoh Hub/Central. Normal no rushing kind of walk.
Newbie
Not worth it...
Definitely not 3 mins walk to Braddell MRT station in my opinion! 5-7 mins is more realistic...
Anyway, I've joined the crowd to visit the showflat on Sat... put off by the price and layout! The balcony is huge, and for me, not really practical and value for $$$ when you are paying about $1k psf.
The living room is pathetic, made worse by the dry kitchen. I dun think you can place a L-shaped sofa in the living room btw. The common toilet shower area is even more pathetic, only got room for 1 person.
Really surprised by the buying interest, with so many cons...
1. Expensive (of course this is relative)
2. Smack among HDB flats
3. Not very near to MRT (compared to Kovan Residence) and TP HUB (compared to Centro)
4. Congested (small plot; many units)
5. Average fittings
6. Odd layout
Just my
Newbie
Seems like there is a fair bit of argument/discussion about how much time to walk from Trevista to MRT ... but if u look at it relative to its pricing ... this kinda of price Tresalveo (oso fringe project, RCR) oso around there abit more ... short walking distance to MRT plus FH some more ...
Newbie
it's entirely possible. then u also have developers like UOL which has strong links with UOB. UOB sure match their price one lah........else it'll be a laughing stock.......
Newbie
Definitely not 3 mins walk to Braddell MRT station in my opinion! 5-7 mins is more realistic...
Anyway, I've joined the crowd to visit the showflat on Sat... put off by the price and layout! The balcony is huge, and for me, not really practical and value for $$$ when you are paying about $1k psf.
The living room is pathetic, made worse by the dry kitchen. I dun think you can place a L-shaped sofa in the living room btw. The common toilet shower area is even more pathetic, only got room for 1 person.
Really surprised by the buying interest, with so many cons...
1. Expensive (of course this is relative)
2. Smack among HDB flats
3. Not very near to MRT (compared to Kovan Residence) and TP HUB (compared to Centro)
4. Congested (small plot; many units)
5. Average fittings
6. Odd layout
Just my
.....can't stand the wet kitchen/dry kitchen concept. why can't they just combine the space for both and give me a proper well-spaced kitchen??? sometimes 1+1 does not simply equal 2......
Newbie
You will surprised that there are alot alot alot of silly herd around that didn't check or do their homework before buying something so expensive. I think these silly herd thought that they are like buying cloths during the Great Singapore Sale, don't like then throw away....
70% of HDB addresses bought those One Million house....
How to "throw" away if they don't like it later...or realise can't afford to pay later....
I am so worry for them...
Really hope by 2012 everyone of us got 100% wages increase, double of what we are earning now....to pay the bank loan.....
Really pray hard hope no Singapore sub-prime version....
Junior
I guess majority of these buyers stay in TPY 5-room HDBs which is at least 550k and above. They are making a big gamble that they can sell off their HDBs at 600-700k later and move into Trevista 3 years later.
Newbie
they do not have a choice. the upgrades and first timer, feel more fears of missing the boat than higher ticket price.
I sell Cheese Pie
To be very objective, it will take from Lor 3 about 5 to 7 mins of walking to Bradell MRT. 3 mins can also be done, provided you run to the MRT instead
New Launch Project Specialist
What about Oleander Towers? I feel it is much better than Trevista location wise but like no upside? Anyone can update?
Junior
> 10y old 99LH can only rely on rental yield to justify the price as most Singaporeans prefer new. If you have a lousy management with lousy facilities... worse. 2bedroom is recently transacted at 800psf, a bit more than Astoria Park (comparable age) in Kembangan only as rental yield abt the same.
Newbie
the timing starts as soon as u walk out of braddel MRT and reached the junction where trevista is. of course i have no idea where the main gate or side gate is, so maybe add another 1min.
but why so calculative? it is considered walking distance liao..
if u work in ORQ or stay at the Sail, your walking distance frm RPlace MRT is more than 10mins walk when there is huge human traffic! but of course, one can boast that its a fully covered (and airconditioned) path.
Newbie
ehh ... don't think ever anyone was talking abt main gate or side gate leh .. have u been to the show suite? If you haven't then why r u talking abt the gates? If you have, then maybe u already 've a rough idea on those 'artise impressions' lor
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