Originally Posted by vincenthse88
I took a look at FCL website it saids that foundation work is still in progress.
Originally Posted by vincenthse88
I took a look at FCL website it saids that foundation work is still in progress.
I don't think it is updated.Originally Posted by cher
Originally Posted by cherSorry, it could be right. I was under the impression that foundation work has to be completed first before others start.Originally Posted by vincenthse88
Hi, the Caspian sells quite well these days. Any one can provide a comparison between ClementiWoods and Caspian in terms of location, price, and potential?
Thanks.
I prefer Clementi Woods. I think the Lake development thing in Jurong is too hyped. Caspian is not beside the lake, it might never see the lake if the empty plot of land between it and the lake is developed. Beside that, it is next to a MRT track. Also, I don't know how Jurong is going to shed its industrial link. There are just too many factories and foreign talents + dormitories there.Originally Posted by Nicknan
Good thing of Caspian compare to Clementi Woods is that it is right next to MRT, so if you don't drive, it is convenient. Else, nothing other good point compare to Clementi Woods.
If you are attacted to the lake, better buy those on the other side(Jurong East). They are much better with the residential areas, Sci Centre and Jurong Country Club.
I agreed with many pple here questioning the promised early TOP at 2009 by the developer when they first launched the project. But judging from the progress of the construction now, it looks like it can only be completed at 2010. Could someone advise on this??
Any hidden agenda behind the developer??
Correct me if I'm wrong, I think if possible they (developer) would also like to complete the project earlier right because they can then "realise" the revenue/profit for the financial year. It seems to me that the construction actually started quite late.Originally Posted by spn25
Not necessary, the board of directors may decide to spread the earnings into 2010. Developer has many projects on hand. This is call earnings management and in addition, building cost may also go down further in the next few months.Originally Posted by vincenthse88
Anyone know what is the launch price of Clementi woods studio units?
I think that is irrelevant, even in this economy no one is going to sell you at launch price.Originally Posted by magdalene
correct... unless the buyer has finacial difficulties... if not, no way to sell at loss... better rent out or own stay.Originally Posted by cher
I am just asking to do a comparison b/w nearby properties. Not expecting someone to sell me at launch price. please do not assume....Originally Posted by cher
Mag, actually no one can fault you as buyers would want to buy as low as possible even looking at launch prices. I believed with the current bad situation, u will never know just someone out there is so desperate to cut loss and move on. I am also waiting for it to happen.Originally Posted by magdalene
ok for those who think knowing the launch price is relevant - I've checked and it was launched at $525 on average in Jan07
thanks for the infoOriginally Posted by magdalene
Mind god, at S$525, 1st owner still wants to dump at S$600+/psf. no wonder alot of people are telling me prices have not drop alot since the recession started which I still believe it is the case. I suppose the tug-of-war between the buyer and seller will continue on and on. But I believe with the supplies coming on stream within 2009 and 2010, prices will have to go down further when that happens.Originally Posted by magdalene
Yes. It's tug of war. If 1st owner buy at $525psf, he also need to pay stamp fee. To sell this unit, he still need to pay agent fee 1-2%. For a 1000sqft unit, he will earn about 50k. Not a lot of money but who don't want to make some gain. Unless he is desperate to get rid of the unit, otherwise there is no reason why he will sell at 525psf or lower.Originally Posted by teresa
Just saw the latest transacted price for a 1800sf unit in Mar 09 was $561 psf. About time Clementiwoods fall to Capsian's launch price level.
i am just wondering ... if property falls to 2006 launch price .. does that mean Orchard road property will fall just the same ??Originally Posted by wqkl1
then this would present a great opportunity for those with money and have missed the 2005-2006 boat ...?? cos the boat is back ..
Just one transaction doesn't mean much. It could well be a "desperate" seller.Originally Posted by wqkl1
This could be because the floor area is big. For this even if psf is low quantum will be big. You think you can get studio or 2-3 bdrms at this price????Originally Posted by wqkl1
Can someone advise me if ground floor units that come with patio generally command a higher or lower price in terms of psf? Thanks.
Bro, boat already back for quite some times. Look around you sure can find good buy around. Not good feeling missing the boatman, I miss numbers of good deals in 05/06 too.
Originally Posted by proud owner
Lower psf. Patio is consider almost free to developers.Originally Posted by vincenthse88
Thanks Property_Owner. That's my impression as well. An agent told me the seller pays a premium for the patio unit during launch, hence the higher asking price in the subsale/resale market. Not very honest agent.Originally Posted by Property_Owner
To developers, not to have patio for ground floor unit is consider waste space. This = to waste income. Depending on the size of the patio, psf varies. Bigger patio=lower psf. How big is that unit? Built in size? Patio size? Do ask the agent to show you the launch price. It's his job, I always ask agents to do so, if not then no talk.Originally Posted by vincenthse88
assuming the total space is 1500 sqft ... inside 1300 sqft and patio 200 sqft .. and assuming the psf for that project is 600 psf ..Originally Posted by vincenthse88
then the fair price will be (1300 x 600) + ( 200 x 300 )
outside (unsheltered) space is half the actual psf
I noticed that in subsale market, the prices do not necessarily correspond to that of developer. Eg for this project, we know that those facing the woods generally command higher prices in terms of psf, 2BR generally have higher psf than 3BR, etc....but when it comes down to subsale...all kinds of factors and formula apply.Originally Posted by proud owner
I noticed that most ground floor units (facing the park) have relatively smaller PES area, eg. the total area for 4 bedder units: ground level is 1658, while the others are 1625, only a gap of 33 sf.
Originally Posted by vincenthse88
Hi, Some agents already told the potential buyers the ClementiWoods would be TOPed at end of 2009. Anyone can provide accurate information?
I hope I can move in earlier.