I pass by this project every morning, no doubt, the sun rise is very nice!
MCL is going to launch another project soon, called D'Mira at Balestier road.
Originally Posted by gosperence
I pass by this project every morning, no doubt, the sun rise is very nice!
MCL is going to launch another project soon, called D'Mira at Balestier road.
Originally Posted by gosperence
ok.... congrats on your purchase for self stay at around $700 psf... a bargain. The attention given to this project should be lesser now.. If you want the actual results based on caveats lodged... you have to wait a month or two for them to be lodged after they are exercised. Hope that there are no returned units.Originally Posted by gosperence
Wow! 95% sold as of Sunday? So hot?Originally Posted by gosperence, 7 March 2010 10.09 pm
Judging from the success of this project, the upcoming tender at D18 Tampines Avenue 1/10 (besides Tropica) with upcoming DTL3 Temasek MRT station within 400m will be red hot ...tender submission date 16 March
as we move towards a service economy, a larger proportion of those who are in the service sector have income that are commission based (ie their basic salary is low, but the real monthly income due to commissions and other KPI bonuses is sizeable) but difficult to be factored into salary surveys and statistical studies due to their unpredictability. case in point will be all the banks' product managers/private banking RMs or anyone involved in sales, property agents, insurance agents etc.... as well as those with foreign sourced income...Originally Posted by gfoo
The days of caspian's 580psf are really over.... Still remembered in 2005 I went to see the Sensoria which has just top-ed the remaining 2 bedder 1000sqft selling 550k and the agent offered the furnished showroom 3bedder for 700k.
Yup... check out the asking prices there now... over a million... shocking!Originally Posted by azeoprop
If it can go so high up in such a short period of time... it can crash so hard in a short period of time also. That's is where the real winners are made.
Went to view today...for high floors, 2 or 2+1 units, only left stack 10 & 11..facing the Bottletree park. For those facing the reservoir, only left low floor of 4th storey and below...
Got quoted for one 4th floor reservoir facing 3 bedroom at low 700+psf....seems like a steal, given the average price that other units were sold...
I have a question though...is the 4th storey above the trees? Can I get at least a little view of the reservoir? Or is the 4th storey right smack in the tree?? I understand that the condo is on elevated ground....
The tree can any time up growth up to 9th floors...Originally Posted by kurby
Eerrrmmm ... the fact that they offered you at 700++ psf ... shows that they quite sure its a unit that faces the "greenery" ...
Trees right in front of your unit is not ideal for Feng Shui ... block most of the Qi. But of course, if you dont believe, then its a good price!
DKSG
There's a reason why it is still left on the shelf... it is quite likely to be blocked. However, if you can accept the pros and cons, I would say it may seem like a bargain. No longer looking at northwood? Maybe seletaris with pool view might be worth considering for you... trade off with the proximity to MRT. If there's no hurry, i.e. can wait at least 3 to 5 years... maybe you could consider other plots in Yishun.Originally Posted by kurby
Another option is to register your interest and wait for those units that are returned to developer due to non exercise of options. Its your luck. May need a month or two.
1st floor - u paid more for non-livable area, a private enclosed space but polluted by noise and dust.
2nd floor - u paid for viewing tree trunk and some greenery far at lower ground of reservior.
3rd floor - u paid for viewing the reservior with some greenery and leaves in between
4th floor - u paid for viewing only the greenery - all leaves
5th floor - u paid for viewing the trees top and trees at the opposite bank of the reservior and some satellite discs
6th floor - u finally see the reservior with greenery below.
10th floor & above - u have a very scenic view
Please adjust the floor level on what u can see after TOP by 1 storey as trees grow.
Are you sure can sell off the remaining 70 units today?Originally Posted by Thakin99, Channel NewsAsia Forum, 9 March 2010 9.10 am
the coniferous-looking trees (don't know real name) outside my block grow up to 12 storeys high!Originally Posted by zzz1
when I moved in 5 years ago, they were only 4-5 storeys high hor
Speaking from personal experiences,Originally Posted by gosperence
1st floor - You have a large PES area that cannot be used as people will throw all kinds of things down, especially in a mass condo.
2nd floor - Very high chance your whole house will get flooded with sewage water because the toilet pipes get choked. Unscrupulous contractors will pour cement down these pipes during construction or renovation. Once hardened, the cement will choke the pipes below. It will cost you at least $1,000 to clear them. And your beautiful parquet or timber flooring will be damaged causing more $$$ in repairs.
Bro..not looking at Northwood anymore...bot Rosewood Suite for own stay leow...Originally Posted by Condorich
Went to look at Estuary cause wife was curious and maybe look at buying for investment purpose....but it seems that the rental yield based on what agent told us (of rental of 2-2.5k per month for 2 bedroom) is about 3.2%...is this a good yield?
ha ha..that translate to avg 1 floor plus per year...of growth..Originally Posted by KarenK
Let me reiterate again, current price not fundamentally
supported...
I tend to agree with ksh but then if one is flushed with cash I guess it doesn't matter as long as one loves the placeOriginally Posted by ksh
If this is the case, then the 4th floor is quite a good buy cause by the time the condo TOP, the green leaves will be above the 4th floor and from the 4th floor, you will see reservoir between the tree trunks...which is not bad yah??Originally Posted by KarenK
Kurby, not sure if Seletaris' rental yield is high though...Originally Posted by kurby
I have been thinking about why prices keep moving up regardless of whatever measures that Mr. Mah is implementing...and I concluded that:Originally Posted by birdhundter
1. Singaporeans are basically high savers, so they have no problem forking out the downpayments, plus the fact that they can use the amount in CPF..
2. The current low interest rate translate to low monthly instalments. Buyers are probably using their ability to service their monthly instalments to work backwards to see what price they can afford.
So given the current scenario of low interest rate, the prices are sustainable....the risk comes when interest rate moves up.....
Singaporeans ... keep saving, refuse to spend and clear all debts ...Originally Posted by kurby, 9 March 2010 10.38 am
... obviously a lot of money to fork out for downpayment ...
... $1 trillion is no small sum ...
Originally Posted by The Straits Times
hi kurby, go to Blk 816 HDB, take the lift up to 10 floor, then walk down the staircase one by one, see which level u like. The view is about the same height as HDB for the Estuary as its elevated ground is same as 1st floor of HDB void deck height. View in between tree trunk and reservior lake is not bad.
No prob and a good choice there for self stay. Investment wise, think it could be better elsewhere.Originally Posted by kurby
For expected rental at Estuary, you could use the peak at Yishun area ... Rental wise, not to good a deal. Only Orchid Park has more than 10 in 2 quarters.
http://www.ura.gov.sg/realEstateWeb/...Controller.jpf
EUPHONY GARDENS 27 2.02 2.05 2.25 (25th percentile, Medium and 75th percentile)
ORCHID PARK CONDOMINIUM 27 1.95 2.03 2.17
The project being new will draw demand from the rest... that is a fact... however, pricing wise... not much difference with the rest as bascially the tenants are switching. You are able to rent but the rest shall be worst off. However, if demand is higher than the current level, they could remain status quo and you can command a premium. Yield is not attractive to me.
A nice place for self stay but the traffic there is teribble in the evening. Anyone know if there is any plans to improve the infrastructure over there?
Went to see again, high floors left 2+1 stack 10 and 18 e.g. #17-10 $883890. 2bedder left stack 11 got high floor #17-11 $742860.
Stack 10 and 11... and 18.. similar facing with stack 4... think might have sun issues. Stack 10 is pretty odd like a key. Stack 11, 18 looking down, looking at or looking up at the spikes.Originally Posted by azeoprop
As always... options granted are not confirmed sales until they are exercised. Agents will be heart broken if the buyers changed their mind after consulting others, such as their fengshui master, financial advisors and property guru friends..
Left overs for grabs.