heh heh......i am not losing any sleep over this. it's so not worth it....Originally Posted by fourth
heh heh......i am not losing any sleep over this. it's so not worth it....Originally Posted by fourth
Thanks for advice!Originally Posted by jwong71
Sometimes sticking to one condo can make you the same amount of profit instead of treating it like a stock market and buying/selling within a short period of time. End up making the agts (commission) and govt (stamp duties) rich.Originally Posted by jwong71
Ha Ha one small remark gets you in a big big rile! You got high blood pressure? I even apologised seeing that you seem to be so uptight, I don't want blood on my hands.Originally Posted by KarenK
By posting more and more to justify your remarks only makes me laugh harder.....learn to relax...........
Then u are wrong in this case, i had maximise each condos of the profits after take in consideration of few factors.Originally Posted by nav14
Each to its own of suming up sums.
Going back to the topic. It may be more useful to OP to compare Northoaks to neighbourhood projects. That means looking at Woodsvale, Rosewood, Casablanca, Woodgrove, Woodgrove Condo (did I miss out any?) My friend used to have a Woodsvale unit overlooking the park. It was nice and quiet. Developer provided optimal use of space; the three bedders felt spacious including the kitchen as there was few wasted space like bay windows or balcony.
Woodsvale and Northoaks are ECs that were offered around the same time. I went to view both. Not much to choose between the two. Both have outdoor and underground parking. At the time, I gave feedback to CDL (developer of Northoaks) rep that Woodsvale's units were more regularly shaped but Northoaks had a more resort look.
I don't remember too much about it except that the CDL chap mentioned that Northoaks had a more auspicious sounding name in Chinese whereas Woodsvale's sounded like wood coffin. Imagine my surprise then that the same CDL has named its west coast road project Hundred Trees. As Sun Tzu might have said, "Know yourself and know your enemy, you will be assured of victory even when you fight a hundred battles. Conversely, overestimate yourself and don't know your enemies, go live in Hundred Trees Condo."
If you had bought a studio at say City Square for eg at 500k in Dec 08 (that was the going price then after having fallen from 600K+) you could have sold it for 720k(latest transacted prices) or so today. I believe the same amont of profit as you made buying and selling 2 condos in the same period but without the hassle. So many examples where you could have made similar profit sticking to just one property bought in Dec 08.Originally Posted by jwong71
Vista park bought 342k, sold at 460k. Peak is 490k.Originally Posted by nav14
Do u reckon i could sell at 542k, despite of its age and being a LH.
I dont wan to bet on it, by holding to any longer. Plus this is the only LH,among the FHs surrounding.
SO now do u think i bet on the right side.??
Forget to add on. This 342k purchase was not on the URA transacted list.Originally Posted by jwong71
Dont ask me, i just dont know why.
wow - 342K?? It's a LH 99? May i enquire the psf for this? Or you bought a studio apartment?Originally Posted by jwong71
This is a 797Sqft studio with balcony. This is a old development,which the younger generation wont take a look at.Originally Posted by mantrix
I bought in time where ppl darent buy in. Of coz i min my risks,bcoz of Mrt is underconstruction and the near to IR,harbourfront,Vivo,NUS.
Waiting it to rally.
For my 2nd unit, we viewed a unit vista park selling at val 400k,whereby my frzs offer the agent at 380k. Sold at 458k to someone else, 58k more from valuation.
My frzs are being unrealistic,she tot is rundown and old maybe noone want. Try luck.
Now she regret,she missed the boat liao lol. As she could buy at 400k valuation as we are the 1st buyers to turn up.
There's alway value in old or new condos.
General sweeping statments... for those who can appreciate it.
Almost anything anywhere can make money, including those overpriced condos... just at what price did you buy and sell... as long as buy low sell high, including HDBs.
No property is a better property than the other as long as it can give you decent returns. Older condo are cheaper (less capital required) to bet on and sometimes the rewards can be more rewarding in terms of percentage gain than brand new condos... location matters than anything else actually. All you need is someone to buy over from you at your price.
For the few projects around these area... they are not near MRT but they are a good place to stay... you cannot have the best of everything.
Caveat not lodged... could be cash rich buyers...Originally Posted by jwong71
66 south buona vista road #01-01,vista parkOriginally Posted by Condorich
s(118175)
Hi all,New here and living in Northoaks,
Not too sure why there is a need for the arguement,anyway here are my feedback.
Pro.
1.Cosy envrionment most of the time
2.Quite and Peaceful except holidays or weekend afternoon where many family brought their kids to swim, BBQ etc. (Isn't his a sign of happy lifestyle?)
3.Carpark just outside your lift or Basement Carpark.
4.Nice big Pool, 3 X BBQ pit.
5.Affordable Price, good for upgrader who cannot afford Condo in Prime Area.
6.With Access Card security at Groundfloor for pass holder only.
Cons.
1. Walking Distance to MRT but still need to walk 10 mins or so.
2. Near Industry
3. No Top School around
4. Far from city.
OVerall Conclusion for me.
This is a Condo which is more suitable for Family oriented person(like me) and enjoy bring your kids around during weekend/Morning walk.
Not for people who want absolute convenient.
With the Price you pay for...I think it is still a good buy.
The arguments ended 2 weeks ago. It's now a peaceful, dormant thread, until you revived it. Thanks for sharing. Yup, in a nutshell, the pros and cons of living in Northoaks are what you described. One additional good point is that one of the side gates open to Gambas Avenue and there is a busstop beside the gate. Not many services though but at least there is an express service that can take you to Chong Pang, and onward to Changi airport in 40 mins flat. Not bad.
Prices for Northoaks going up too? Can anyone share?
Wow!
Northoaks has a nëw hïgh of $533 psf!
Northoaks
Address .................................. psf ............ Area ........... Price ......... Contract Date
30 Woodlands Crescent #12-10 .... $533 psf .... 1,238 sqft .... $660,000 .... 14 Jan 10
as long as 3 BR not more than 700K nowadays still considered affordable...Originally Posted by Reporter
This one is more than $700,000!Originally Posted by mantrix, 4 weeks ago
Is it still affordable?
Northoaks, the going-10-year-old EC in District 23 Woodlands has a nëw hïgh of $555 psf!
Will Chinese smokers like this number?
Northoaks
Address ...................................... psf ............ Area ........... Price ......... Contract Date
28 Woodlands Crescent 34 #07-19 .... $555 psf .... 1,292 sqft .... $717,000 .... 30 Mar 10
Heard recently a 14th unit was transacted at 595 psf??
At this rate before this EC hits 10 years it may cross the 600psf mark!
Originally Posted by Reporter
Northoaks, the going-10-year-old EC in District 23 Woodlands has a nëw hïgh of $590 psf!Originally Posted by mantrix, 2 weeks ago
You overshoot by $5 psf!
Will it cross $600 psf when it turn 10 later this year? Let's find out.
Northoaks
Address ...................................... psf ............ Area ........... Price ......... Contract Date
30 Woodlands Crescent 34 #14-11 .... $590 psf .... 1,055 sqft .... $622,000 .... 28 Apr 10
Northoaks hit past 600psf...gone is the last era of affordable mass market condos...Originally Posted by Reporter
28 Woodlands Crescent #09-20
99 Yrs From 16/12/1997
$617
1216
$750k
06 Oct 10
Woodsvale past 600 psf as well...
11 Woodlands Drive 72 #03-29
99 Yrs From 22/09/1997
$601
1227
$738k
28 Sep 10
All benchmarking at least the current ec
NorthOaks has hit S$617psf.
Still going strong with the privatization in place recently.
Bought my unit, 2nd floor not too long ago. Absolutely love my place, very windy with palm trees just outside my Master bedroom and garden just outside my Living Hall......
Feels like living in a landed property.......
Regreted not buying earlier when price was cheaper as i was looking at Sengkang area.
Btw, i read from the earlier posts with complains that car washing is puddles of water? Never see that as there are designated area for car washing now..... all i can say is that I shopped around for a place and visited many condos and NorthOaks really gives a resort feel, spacious units.
Haha are you the one who contributed to the 617psf figure? Agree Northoaks is a good buy, comapred to Woodsvale anywaysOriginally Posted by solsys
Heard from my relative they have just installed a sandwich machine, is that true?
Anyway I won't buy now since prices have gone up since I was looking at it last time (around 400+ psf nia) - else it's in my list of investment choices for sure
Lol, I didn't contribute to $617psf but I got a good buy at the point of purchase, lowest among the units transacted for the that 3 months. (Apparently, it's the very same agent who transacted my unit and the record breaking $617psf, very good agent. I congratulated her, top producer for Dennis Wee)Originally Posted by mantrix
I don't think it will go back to the 400+ psf levels unless market crashes big time again which I doubt so with the QE2 easing from US, i.e. printing of US dollars...
What we will see now is gap between new launch and resale closing..... i.e. new launch prices has started to dip and resale will go remain flat or up slightly.
Anyway, if it really does go down to 400+ levels (which i doubt so).... i will be buying one more unit here for investment, either to rent or flip.
And yes, there's a snack machine and a Gardenia bread dispensing machine. Just bought a loaf over the weekend.
Hope the pricing will maintain in the next 2-3 years. Goto sell my unit at Woodsvale when my new condo TOP in 2013Originally Posted by mantrix
Anyway, heard that Far East put up the highest bid for the plot beside Woodgrove. The new launch there by FEO will probably bring up the prices in Woodlands I hope
That's what FEO is good for anyway - create joy (those those who own condos in vicinity of its upcoming projects) and despair (for buyers hoping to get a good deal in that location)Originally Posted by wesing
May you get a good price for your unit - is your new condo also in the north? Cheers