Clementiwoods (D5, 99 years leasehold, Frasers Centrepoint)

[apple3]

Thanks for the insight on how the bank evaluate a borrower.
BTW, why different bank or rather sisv certified value house panel gives different valuation to the same property. The range can be quite wide.
I have received something like $680 psf, $690 psf and $700 psf for same property unit before. So, may veiw is that if the bank want your money, somehow some bank can still give you higher valuation... Is this correct?

Nope.

1. Property valuation and borrowing quantum is TWO different things.

2. If the bank want to loan you, they need not increase the valuation, they can just lend you. The valuation is after all, just another set of guide to the bank only.

3. If you use CPF, CPF board will have their own valuation panel for 2nd caveat filing indication after disbursement of your OWN money, nothing to do with the bank valuation. Usually in line with the loan quantum UNLESS great differences occur which they will approach bank house loan team.

4. Anyone that are not happy with the loan quantum can just walk away or simply accept the lower borrowing and pay extra cash over purchase price.

4. Different value house have different set of measurement but all follow the same fundamental. How to put it, they follow FA of SISV but apply respective house TA.

5. There are different kind of valuer WITH different AGENDA. I do not wish to indule much on some un-ethical behaviour but just to highlight that bank are NOT stupid. Anyway, conservative measure are usually well-like by local bank, but not the foreign bank and vice-versa. And there are different kind of valution, like bulk arrangement with developer for IAS quantum, 2nd opinion valuation, etc. Nowsaday, there are even online valuation reports, lol.. Sometime I wonder, if the valuer could estimate the current price of a property accurately, they might as well scan through the STI index to see any undervalued pick for themselve. But again, we need some figures from this sector to make up the sum.

In any case, there are some projects that we have so much valuations report from different house in the database that at times, our inhouse guys could just estimate and need not even request for a valuation report. Metropolitan is one of them. hahahhaa....

[icer_sun]

Notice that even those top floor 2 or 2+1 beds is having high ceiling, roof terrace and bigger window? Looks attractive to me. Can anybody comment on this and any potential prons with top floor? thanks a lot.

[housewife]

Notice that even those top floor 2 or 2+1 beds is having high ceiling, roof terrace and bigger window? Looks attractive to me. Can anybody comment on this and any potential prons with top floor? thanks a lot.

I've considered top floor also. Viewed one top floor at westcove: high ceiling in living room, bedrooms not high ceiling. compared to my unit 1 level below top floor, feel hotter at top floor in late afternoon (i chose the time to check) both in high ceiling living room and even hotter in bedrooms. But it is obvious that top floor high ceiling is cooler than not high ceiling. long term, need to consider leaking? who's gonna pay for fixing leaks?

[icer_sun]

Thanks housewife. Your comment looks quite reasonable.
In fact I have got a unit at 4th floor 2bed in CW, and now have the intention to switch to the top floor. Not sure whether CW have high ceiling and bigger window size for both living and bedrooms?

I've considered top floor also. Viewed one top floor at westcove: high ceiling in living room, bedrooms not high ceiling. compared to my unit 1 level below top floor, feel hotter at top floor in late afternoon (i chose the time to check) both in high ceiling living room and even hotter in bedrooms. But it is obvious that top floor high ceiling is cooler than not high ceiling. long term, need to consider leaking? who's gonna pay for fixing leaks?

[housewife]

Thanks housewife. Your comment looks quite reasonable.
In fact I have got a unit at 4th floor 2bed in CW, and now have the intention to switch to the top floor. Not sure whether CW have high ceiling and bigger window size for both living and bedrooms?

photo taken end of June. if u want, i can help u take updated photo at this corner. i think it's safer to check it out in person, but construction site allows no entry. btw, when u r ready to sell ur 2bedder, can let me know?

[matrix11]

Hi was interested in a 4 bedder at 3rd or 4th floor but nobody seems to be selling already. Anybody selling one here?
Also what is a reasonable PSF for such a CW unit?
Thanks much!

[bunnipet]

Hi..

has anybody heard when is the TOP?

Thanks!

[housewife]

Hi..

has anybody heard when is the TOP?

Thanks!

last month went to construction site, engineer said end of this year or early next yr can collect key.

[housewife]

photo taken end of June. if u want, i can help u take updated photo at this corner. i think it's safer to check it out in person, but construction site allows no entry. btw, when u r ready to sell ur 2bedder, can let me know?

i took a look today, still look the same as the photo. i don't think window at level 5 at stack 49 is any different from lower levels. not sure about other stacks

[Lucas]

last month went to construction site, engineer said end of this year or early next yr can collect key.

When I passed by, I noticed that the external wall and glass panels of some units in the the leftmost block (I think block 90), if you view from West Coast Road. The remaining ones seems to be club house and the pool which are still under construction.

Athough I think can complete by year-end but the TOP olr key collection would usually another 2 -3 months. So, would think it could be end of 1stQ or 2Q

[icer_sun]

Thanks for your photo. It will be best if I can find some owners to exchange.

I noticed that the aircon of 2nd floor have already been installed.

photo taken end of June. if u want, i can help u take updated photo at this corner. i think it's safer to check it out in person, but construction site allows no entry. btw, when u r ready to sell ur 2bedder, can let me know?

[bunnipet]

Housewife: thanks for the info!

[Tropical Fish]

Just found an interesting article about Feng Shui on Clementiwoods condo

https://www.geomancy.net/phpforum/ar...&mid=25563&s=1

[JXCHIA]

Hi owners or agents of CW, anyone have any 3 bed rooms (facing the park) to sell? Pls PM me, tks.

[JXCHIA]

tks, I have bought one unit (2 bed rooms) there this morning at $743 psf (1055)

[JXCHIA]

Just found an interesting article about Feng Shui on Clementiwoods condo

https://www.geomancy.net/phpforum/ar...&mid=25563&s=1

meaning those facing the park and the main pool not so good based on what the feng shui master said? can we trust him?

[JXCHIA]

Thanks for your photo. It will be best if I can find some owners to exchange.

I noticed that the aircon of 2nd floor have already been installed.

do u know when can those owners of CW collectsd their keys?

[sleek]

meaning those facing the park and the main pool not so good based on what the feng shui master said? can we trust him?

Saw his comments on Evergreen Park in Hougang like not very chun le.

Cos my relative stay in one of those inauspicious blocks but he kena 4D every so often.

Think sometimes fengshui also will need to consider your personal type and not just the surroundings.

[JXCHIA]

it is also next to basement carpark entrance

where is the basement carpark entrance? which block and at which stalk? pls advice, tks.

[icer_sun]

blk78, stack04, i think

where is the basement carpark entrance? which block and at which stalk? pls advice, tks.

[Lucas]

tks, I have bought one unit (2 bed rooms) there this morning at $743 psf (1055)

Congrat, did you get one facing the park?
BTW, I realised that at least three quarters of the block facing the park is blocked by the trees! How to stay in an unit when you look out, you can only see leaves and branches

[icer_sun]

agreed. several stacks facing the park may have the light concern. On the other hand, maybe you feel like in a jungle, not in an apartment, then more close to the nature.....

Congrat, did you get one facing the park?
BTW, I realised that at least three quarters of the block facing the park is blocked by the trees! How to stay in an unit when you look out, you can only see leaves and branches

[icer_sun]

me have no idea as well, but most people say the latest to be Q1 next year TOP.
Btw, welcome to become an owner of CW! Cong!

do u know when can those owners of CW collectsd their keys?

[housewife]

tks, I have bought one unit (2 bed rooms) there this morning at $743 psf (1055)

hey congrats. do u mind to share experience? i even tried higher psf (should be different unit) but rejected. closed deals have lower psf. dunno what is going on.

[JXCHIA]

hey congrats. do u mind to share experience? i even tried higher psf (should be different unit) but rejected. closed deals have lower psf. dunno what is going on.

I went to view other project first then the agent there from ERA told me there is one unit at clementiwood. The owner is asking for 800k, think mine is not 1055, shld be 1076 (2+1) at No. 80, 4th floor, facing the aqua pond. After nego, my agent managed to get the unit for me at $790.

My only concern is the distance between blocks are too near think only 70m apart. Think my agent got me one serious and reasonable seller, did not ask for too high psf. In the market I know many sellers are asking ard $770 psf, which I think its a bit too high. Mine is still ok, ard $734 psf.

[JXCHIA]

Congrat, did you get one facing the park?
BTW, I realised that at least three quarters of the block facing the park is blocked by the trees! How to stay in an unit when you look out, you can only see leaves and branches

Mine is 2+1 (1076) so not facing the park, its facing the aqua pond. NO. 80, 4th storey

[Lucas]

Mine is 2+1 (1076) so not facing the park, its facing the aqua pond. NO. 80, 4th storey

This is the better 2+1 layout because the study room is big enough as a small bedroom, unliike another layout which has a bomb shelter which is really useless.

BTW, saw an advert in nationproperty website where this particular agent asking $1050 psf for the 560 sq ft unit (Studio) today! unbelievable

[housewife]

I went to view other project first then the agent there from ERA told me there is one unit at clementiwood. The owner is asking for 800k, think mine is not 1055, shld be 1076 (2+1) at No. 80, 4th floor, facing the aqua pond. After nego, my agent managed to get the unit for me at $790.

My only concern is the distance between blocks are too near think only 70m apart. Think my agent got me one serious and reasonable seller, did not ask for too high psf. In the market I know many sellers are asking ard $770 psf, which I think its a bit too high. Mine is still ok, ard $734 psf.

u r lucky. i've been searching since early June for 2+study. units like stack 15 have been selling for long, since they're just next to road and i know how annoying the traffic would be at night. so hoping for new units to come up. agents i've contacted b4 rarely call back for new units. when i tried for the last time last week, still the same old units. ur agent good

For the distance between blocks, No.80 is better than No. 78. No. 78 is even closer to Varsity Park. I even offered a price higher than urs to a 2nd floor unit at No. 78 and rejected. i guess this hunting process really needs some luck, or fate? So congrats to u! For us, had to settle somewhere else, so will sadly see clementiwoods getting more pretty everyday, probably will get to know better units sold at lower price

[JXCHIA]

u r lucky. i've been searching since early June for 2+study. units like stack 15 have been selling for long, since they're just next to road and i know how annoying the traffic would be at night. so hoping for new units to come up. agents i've contacted b4 rarely call back for new units. when i tried for the last time last week, still the same old units. ur agent good

For the distance between blocks, No.80 is better than No. 78. No. 78 is even closer to Varsity Park. I even offered a price higher than urs to a 2nd floor unit at No. 78 and rejected. i guess this hunting process really needs some luck, or fate? So congrats to u! For us, had to settle somewhere else, so will sadly see clementiwoods getting more pretty everyday, probably will get to know better units sold at lower price

I have pm you, cos my agent has one more unit selling at psf $750, think quite reasonable.

[JXCHIA]

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