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Thread: District 15 still the top draw

  1. #31
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    Quote Originally Posted by eng81157
    ouch, my eyes are bleeding. if D15 is slightly larger, there should naturally be more housing eh? can also argue that D15 has the beach, useless army bases and land sucking golf courses. but hey, you are right in saying D11 is smaller than D15, but just that it's not as small as D9.

    its scary isnt it .... so many condos in east coast ..

    when shit hits the fence ... can you imagine how many people would be SELLING ?

    even when theres no shit ... when come time to sell ... one would have to compete with his own fellow neighbours ...

  2. #32
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    Toyota? Accelerator got stuck so can't stop?
    I have a BMW before and it is terrible!

    Quote Originally Posted by proud owner
    1) Orchard Rd is like Lamborghini

    2) East Coast is like BMW

    Tell me frankly, which is more popular in terms of sales?
    Toyota



    stop this nonsense .. i cant


    stop this nonsense ... i cant



    opps its a TOYOTA ..just cant stop[/quote]

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    Quote Originally Posted by teddybear
    I believe the wrong conclusion has been made. Highest number of transactions do not equate to "most popular". E.g. D15 has 100k homes & 10k has been transacted (i.e. 10%). D9 has 30k homes & 6k has been transacted (i.e. 20%). So which is more popular? Ha ha! Based on that reporter's way of reporting, D15 is more popular?
    My . No need to get all worked up & defensive. Agreed that from statistical point of view it means nothing. The key point is here "most popular", like said in the article there are more developements in D15.

    Just ask yourself one question, why are there more launches, developments, etc... in D15. Because residential density higher there?,etc...if could be due to hundreds of reasons. But the one you should want to take note is because there is a DEMAND for D15 properties, hence there is more supply which means more sales. End of the day it boils down to people perception of D15 and its their sentiments that drive this demand. Whether how crap the report is which I agree, you have to admit that many people Wants to stay in D15.

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    Due to singapore 4th university D18 going to have strong transaction in years to come.

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    Quote Originally Posted by tanumy, 1 April 2010 12.01 am
    Due to singapore 4th university D18 going to have strong transaction in years to come.
    With this 12 midnight alarm just sounded above, I wish everyone a happy April Fool Day and Goodnight!

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    New condo in D18 going to draw huge interest. Buy Double bay residence which is near simei mrt, close to singaproe 4th univeristy, japanese school, changi airport and east coast park is near by and also upcoming changi business park developement.

    many shopping malls coming up with couple of tourist hotels. Great upside potential with great rental yield....

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    Quote Originally Posted by tanumy
    New condo in D18 going to draw huge interest. Buy Double bay residence which is near simei mrt, close to singaproe 4th univeristy, japanese school, changi airport and east coast park is near by and also upcoming changi business park developement.

    many shopping malls coming up with couple of tourist hotels. Great upside potential with great rental yield....
    yes yes double bay is DA BEST. But just why the prices have come off abit? If so great like you said should be BOOMZ time for double bay.

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    D15 - there is a lot a lot of new launches and supply. High plot ratio also means condos are densely built-up. If you see classifieds every Saturday, there will be 3 pages (50 columns of units) for sale in D15/16. That is probably the highest supply for any district. So high supply in a high density area (Tampinese Bedok and Pasir Ris and most crowded HDB estates and most upgraders will stay near their HDB) naturally means high transaction volume. I am very surprised D23 is also in the "hot" list because in terms of private property supply, it is probably one of the lowest and has never been in the limelight. Dairy Farm? Hillview? Cashew? Very small catchment of potential buyers as there are no high density HDB dwellers nearby.

    Anyway, I have properties in both D15 and D23. Great news I guess. I'm surprised D9 is not the "hot" list.

    But I agree this report is poorly analysed. An area with high supply will definitely generate high volume and looking at Sat's classifieds, D15 probably rank up there in terms of no. of homes on sale at any point in time. But D23 is a very pleasant surprise.

    Quote Originally Posted by luzman
    I think we should read the report with some understanding...Top draw in district 15 can mean many things...it could mean many buyers like district 15 for own stay...not as an investment location..top draw in investment location can never be in district 15 simply because many buyers buy district 15 for own stay rather capital appreciation..the rental yield is also not fantastic and so, it discourage investor.,..
    Last edited by Wild Falcon; 01-04-10 at 00:29.

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    who say price came off. it is booming... chk ur research.



    Quote Originally Posted by Lou
    yes yes double bay is DA BEST. But just why the prices have come off abit? If so great like you said should be BOOMZ time for double bay.

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    Quote Originally Posted by tanumy
    who say price came off. it is booming... chk ur research.
    orkay. Congrats to you double bay owners then
    BOOMZ time!

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    Quote Originally Posted by Reporter
    With this 12 midnight alarm just sounded above, I wish everyone a happy April Fool Day and Goodnight!
    Seems everyone shares your opinion on this character

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    Quote Originally Posted by tanumy
    New condo in D18 going to draw huge interest. Buy Double bay residence which is near simei mrt, close to singaproe 4th univeristy, japanese school, changi airport and east coast park is near by and also upcoming changi business park developement.

    many shopping malls coming up with couple of tourist hotels. Great upside potential with great rental yield....
    which property you vested in D18 that give you such anxiety symptoms that have to go around preaching D18?

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    Quote Originally Posted by apple3
    which property you vested in D18 that give you such anxiety symptoms that have to go around preaching D18?
    not sure whether it will create a positive effect or a negative one in the end.


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    Quote Originally Posted by apple3
    which property you vested in D18 that give you such anxiety symptoms that have to go around preaching D18?
    by the looks of it, double bay.....wish u won't be awaken by the track cleaning trains at 4am in the morning

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    Quote Originally Posted by tanumy
    Due to singapore 4th university D18 going to have strong transaction in years to come.
    Clementi is near to Singapore's 1st,2nd and the upcoming 5th university, Digipen (Top University in Game Development), Top Polys, JCs, ITEs, Secondary schools and Primary schools.

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    I would see BBR to have some room for growth. Lot's of upside to come. May reach 1000psf by end next year.

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    Quote Originally Posted by eng81157
    by the looks of it, double bay.....wish u won't be awaken by the track cleaning trains at 4am in the morning
    ya, my guess double bay too. it seems to suggest that double bay buyers are feeling pretty insecure on their purchase and tend to defend whenever the need arise, this guy is different though, it pre-emptive talk-up strike.

    I used to spar with another double bay owner for a lengthy period.. whats the name again..

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    Quote Originally Posted by Allthepies
    Clementi is near to Singapore's 1st,2nd and the upcoming 5th university, Digipen (Top University in Game Development), Top Polys, JCs, ITEs, Secondary schools and Primary schools.
    but hor.. woodland got sport school leh, only 1 in singapore. jurong got some lake development, pungol got some water dont know what project, bukit panjang got dtl2 development with plenty of fh/999 land around it..

    AI YA... so many nice concerns, HOW?..

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    Quote Originally Posted by teddybear
    Yes you are right, D11 looks a tad smaller than D15, but it consists of part of McRitchie reservior, a large part of Caldecolt hill private low-rise landed estates, and also the hospital hubs. In fact, the D11 population is much smaller than what the district size suggests. To show you an idea, let's look at the list of private property projects in D11:

    24 @ Newton, 28 Shelford, Adam Park, Adam Place, Amaninda, Amaryllis Ville, Appleton View, Armadalem, Ava Towers, Balestier Tower, Bassein Court, Belmondo View, Belmondo View, Binjai Crest, Binjai Park, Birmingham Mansions, Bright Apartments, Buckley 18, Buckley Mansions, Buckley Mews, Buckley Residence, Camden Park, Casa Contendere, Casa Irrawaddy, Casa Melwani, Casa Perla, Chancery Corner, Chancery Court, Chancery Esquire, Chancery Garden, Chancery Grove, Chancery Lodge, Chancery Park, Chelsea Grove, Chong Kim Apartmnet, City Edge, Concorde, De Paradiso, Derby Court, Derbyshire Court, Derbyshire Heights, Derbyshire Mansions, D'Evelyn, Duearn Court, Duneran Gardens, Eco Ville, Elegance View, Elmira Heights, Eng Aun Park, Espana, Essen Apartments, Evelyn Mansions, Gilstead 38, Gilstead Apartment, Gilstead Brooks, Gilstead Court, Gilstead Mansion, Gilstead View, Gloucester Mansions, Goldhill Garden, Goldhill Towers, Goodwill Mansion, Grand Tower, Hillcrest Arcadia, Hillside Homes, Hollywood Park, Iridium, Jade Gardens, Jubilation Apartment, Kartar Apartments, Kellett Court, Kew Lodge, Kheam Hock Garden, La Maison, La Novelle, La Suisse 1, La Suisse 2, Le Shantier, Lincoln Lodge, Lincolnsvale, Lion Towers , Lutus at Mount Rosie , Maison Royale, Malcolm Park, Mandalay Court, Mandalay Mansion, Mandalay Towers, Mandalay Ville, Mandale Heights, Minbu Court, Minbu Villa, Miro, Monarchy Apartment, Montebleu, Morimasa Gardens, Moulmein Court, Moulmein Green, Moulmein Rise, Moulmein View, Mount Rosie Garden, Newton 18, Newton Euro-Asia, Newton Meadows, Newton One, Newton Point, Newton Suites, Newton View, Novena Court, Novena Gardens, Novena Hall (International Students Hostel), Novena Hill, Novena lodge, Novena Suites, Novena Ville, Olivio, One Akyab, Orchid Apartmemt, Parc Infinia @ Wee Nam, Pasadena, Pavillion II at Novena, Pastoral View, Peak Court Condo, Peppermint Grove, Pinacle 16, Point Loma, Residences @ Evelyn, Rocca Balestier, Rosevale, Ruby Plaza, Scenic Heights, Seedevi, Setia Residences, Shan Court, Shan Gate Apartment, Shelford Court, Shelford Green, Shelford Regency, Shelford Residences, Shelford Vale, Shelford View, Sky @ Eleven, Soleil @ Sinaran, Star Mansions , Strata, Suffolk Apartments, Suffolk Premier, Suites @ Surrey, Surrey Court , Surrey Point, Surrey Ville, Swiss Club Villas, Tan Tong Meng Tower , Ten @ Suffolk , The Albany , The Ansley, The Arcadia , The Axis, The Chancery Residence, The Hill Park , The Huntington , The Linc, The Lincoln Modern, The Medge, The Montebleu, The Sentinel, The Shelford, The Spinnaker, The Trevose, Thomson Euro-Asia, Thomson Mansions, Tian So Heights, Trevose 12, Trevose Park, Tudor Ten, Ultra Mansion, University Park, Villa Chancerita, Villa Chancery, Villa Des Flores, Visin Apartment, Waldorf Mansions, Watten Estate Condo,Watten Estate, Watten Hill, Whitley Heights Condo.


    Then, we look at the list of private property projects in D15:

    Alpha Apartments, Amber Park, Amber Point, Amber Road No.11, Amber Towers, Amberglades, Aquarine Gardens, Aquene @ Telok Kurau, Arthur 118, Arthur Court, Arthur Mansions, Aspen Loft, Axis @ Siglap, Beta Grove, Bournemouth Eight, Breezeway in Katong, Burnfoot Terrace, Butterworth 33, Butterworth 8, Butterworth View, Cadence Light, Camay Court, Camelot, Canary Ville, Cannaville, Carpmael Lodge, Casa Fidelio, Casa Merah, Casa Meyfort, Casafina, Casero @ Dunman, Castle Court, Casuarina Cove, Cathay Gardens, Ceylon Court, Ceylon Crest, Ceylon Flats, Chapel Close, Chapel Court, Chapel Lodge, Chapel Mansions, Chelsea Lodge, Chia Garden, Chiang's Court, Chiku Mansions, Chin Bee Mansion, Coastarina, Costa Del Sol, Costa Rhu, Cote D'Azur, Crane Court, Crescendo Park, Crystal Rhu, Culford Gardens, D'Ecosia, D'Focus Apartment, D'Marine, D'Saville, Dawn Ville, De La Salle, Deng Fu Court, Duku Apartment, Duku Court, Dunman Place, Dunman Place, Dunman View, East Coast Apartments, East Coast Mansions, East Coast Park, East Court, East Galleria, East Grove, East Meadows, East Palm, East Shore Court, East Side Loft, East Signature, East Signature, East Treasure, East View, East Ville, Eastern Lagoon II, Eastern Mansions, Eastern Residence, Eastwind Mansions, Eastwood Gardens, Ebony Mansions, Ee Wang Park, Emerald East, Emery Point, Emprado Suites, Eng Say Garden, Equatorial Apartments, Espace, Estique, Euro-Asia Lodge, Everitt Green, Fenara Court, Fernwood Terrace, Fernwood Towers, Finland Gardens, Flamingo Valley, Flora East, Fort Gardens, Fortredale, Fortune Jade, Fortune Spring, Fortville, Fragrance Centre, Frankel Estate, Galaxy Tower , Gallery 8, Gideon's Lodge, Glenfield Apartments, Gold Palm Mansions, Goldleaf Gardens, Good Earth Lodge, Goodwill Court, Grace Court, Grace Garden, Gracious Mansions, Grand Duchess at St Patrick, Grand Residence, Gray Mansions, Grosvenor View, Haig Apartment, Haig Court, Haig Garden, Haig Groove, Haig Mansions, Haig Ten, Harmony Mansion, Hawaii Tower, Heiwa Court, Heji Gardens, Heritage Residences, Hong Joo Park, Hong Yun Court, Hua Xin Court, Imperial Heights, Ivory Apartments, J Court, Jersey Lodge, Joo Chiat Apartment, Joo Chiat Court, Joo Chiat Lodge, Joo Chiat Mansions, Joy Court, Joyful Mansions, Jupiter Court, K Gardens, Kampong Tembiling, Katong Apartments, Katong Gardens, Katong Mansion, Katong Omega Apartment, Katong Park Towers, Keng Yee Garden, Kim Wee Mansion, King's Apartment, King's Mansions, Klassic Court, Knox View, Koon Seng House, Kurau Court, La Meyer, La Ville, Lagoon View, Laguna Green, Laguna Park, Lau's Arcadia, Le Conney Park, Le Merritt, Leck Teck Court, Legenda, Leyuke Apartments, Liang Apartments, Lodge 77, Long Nian Court, Lotus at Joo Chiat, Madeira Court, Maisonette Apartments, Malvern Springs, Mandarin Garden, Mangis Park, Manila Gardens, Margate Mansions, Margate Point, Marine Mansions, Marine Meadows, Marine Parade Garden, Marine Point, Marine View Mansions, Marshall Lodge, Martia 8, Martia Court, Maybelle Lodge, Melina Court, Mellow Mansions, Mera East, Meyer Park, Meyer Residence, Mia Place, Module, Mountbatten Regency, Nanak Mansions, Nature Mansion, Neptune Court, Ocean Apartments, Ocean Park, Octaville, Onan Court, One Amber, One Fort, One K Greenlane, Ong's Mansion, Opera Estate, Orchid Mansion, Ovada, Palazetto, Palm Beach Gardens , Palm Oasis, Palm Vista, Paradise Palms, Park Court, Park East, Parkshore, Parkway Apartment, Parkway Lodge, Parkway Mansion, Parkway View, Peach Garden, Pebble Bay, Pebble Gardens, Peily Court, Peng's Court, Pine Court, Pinehurst Condo, Ping View, Poh Heng Court , Pomex Court, Poshgrove East, Prestige Residence, Pumpkin Garden , Radix, Rambai Court, Rambutan Mansions , Rich East Garden , Richmond Court , Riveredge, Roman Terrace, Rose Lane Court, Rose Maison, Rose Mansion, Rose Ville, Royale Mansions, Sanctuary Green, Sandal Woods, Sanderiana, Santa Fe Mansions, Sapphire Court, Sayang Villa, Sea Avenue Mansions , Sea Avenue Residences, Sea Breeze Apartment, Seaview Park, Seaview Point, Seraya Court, Seraya Lodge, Seraya Ville, Sheda Lodge, Sheridian Court, Siglap Centre, Siglap Lodge, Siglap Park, Silahis Apartments, Spring @ Katong, Springvale, St Partrick's Loft, St Patrick's Garden, St Patrick's Green, St Patrick's Row, St Patrick's View, St Patrick's Villa, St Patrick's Court, Still Mansions , Stillingia Court, Sunnidora. Sunny Palms, Sunnyvale, Sunrise Townhouse, Sunshine Grandeur, Sunshine Regency, Taipan Grand, Taipan Jade, Taipan Regency, Tandeville, Tanjong Ria, Telok Indah, Telok Kurau Court, Telok Kurau Lodge, Telok Kurau Mansion, Telok Kurau Ria, Telok Kurau View, Telok Mansion, Telok Ville, Tembeling Grove, Terrace View, Tessa Lodge, TG Mansion, The Albracca, The Atria, The Bale, The Beccagayle, The Belvedere, The Bouganville, The Carpmaelina, The Champagne, The East Side, The Elegance @ Changi, The Espira, The Esta, The Geranium, The Glacier, The Glenwood Regency, The Grandiflora, The Hacienda, The Makena, The Medley, The Meyer Place, The Navigators, The Nclave, The Palladium, The Prominence, The Seafront on Meyer, The Seaview, The Silverston, The Sovereign, The Sunniflora, The Sunny Legend, The Treeline, The Vermillion, The Vesta, The View @ Meyer, The Waterside, Tian Court, Tiara Vista, Tierra Vue, Tong Chuan Mansion , Torie Mansions , United Mansion, Veranda, Vertis, Villa Marina , Villa Martia, Vitra, Water Place , Wedgewood Mansions, Wen Yuan Court, Willa Marine, Woo Man Chew Court , Worthington , Yi Li Apartment, Yong Shuey Lodge..

    Compare the 2 lists and what can you conclude? Either D15 is too congested or?
    There is also a serious flaw using number of projects in D11 vs D15. Firstly, D15 has a large plot of low plot ratio land eg. katong, siglap, telok kurau, joo chiat. A lot of these developments can't even exceed 5 floors. Whereas D11 has mostly all the high plot ratio land, thereby each development can house 100 to 500 units.

    You must be vested in D11 and try to associate yourself with D9 / D10. Ahhem...teddy bear will always be a soft toy, and cannot be a a real bear. D11 is always D11 (Balestier / Novena), and cannot be compared in tandem with D9 Orchard Road.

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    Quote Originally Posted by Blue
    There is also a serious flaw using number of projects in D11 vs D15. Firstly, D15 has a large plot of low plot ratio land eg. katong, siglap, telok kurau, joo chiat. A lot of these developments can't even exceed 5 floors. Whereas D11 has mostly all the high plot ratio land, thereby each development can house 100 to 500 units.

    You must be vested in D11 and try to associate yourself with D9 / D10. Ahhem...teddy bear will always be a soft toy, and cannot be a a real bear. D11 is always D11 (Balestier / Novena), and cannot be compared in tandem with D9 Orchard Road.
    I think all the arguments are all talk and talk..the best test is the following :

    If you have the $, which will you buy? District 15 or 9? If 100 person tell you they prefer district 9 versus 10 person who prefers district 15..then district 9 is the most popular...

    The prices of the condo in which district already reflects its exclusivity and its high regards among property buyers...

    What analogy with BMW and lambogini....?

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    Quote Originally Posted by luzman
    I think all the arguments are all talk and talk..the best test is the following :

    If you have the $, which will you buy? District 15 or 9? If 100 person tell you they prefer district 9 versus 10 person who prefers district 15..then district 9 is the most popular...

    The prices of the condo in which district already reflects its exclusivity and its high regards among property buyers...

    What analogy with BMW and lambogini....?
    the price test is flawed. it measures scarcity - simple demand and supply.
    using price as a measure for popularity is as good as saying this,

    just because mandarin's charging more than $20 for a chicken rice meal and boon tong kee's charging at $3-4 for theirs, thereby equates that mandarin's more popular.

    both serve different market segments, should refrain from using price as a gauge of popularity

  22. #52
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    As I had said before, D15 is not the most popular (although it has highest transactions). I believe D9 is the most popular, that is why the price is also the highest, going up to $5600 psf! Obviously D11 can't compare to D9. This is a fact. However, you seem to advocate that D15 is better than D9?

    If compare D15 to D11, we have D11 transacting at >$2250 psf now. In fact, the median price in D11 is probably >$1800 psf now. What is the highest price in D15? What is the median price in D15? This will help to gauge "popular" base on price. Do you genuinely believe that a property can be super popular and super hot and super in demand when it keep transacting at such low price compared to the other "unpopular" properties?

    Quote Originally Posted by Blue
    There is also a serious flaw using number of projects in D11 vs D15. Firstly, D15 has a large plot of low plot ratio land eg. katong, siglap, telok kurau, joo chiat. A lot of these developments can't even exceed 5 floors. Whereas D11 has mostly all the high plot ratio land, thereby each development can house 100 to 500 units.

    You must be vested in D11 and try to associate yourself with D9 / D10. Ahhem...teddy bear will always be a soft toy, and cannot be a a real bear. D11 is always D11 (Balestier / Novena), and cannot be compared in tandem with D9 Orchard Road.

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    If mandarin can charge $20 per chicken rice meal and yet earns much more than boon tong kee's $3-4, doesn't it tell us something about mandarin? Isn't mandarin's chicken rice super hot and in demand? Otherwise what can be the conclusion? Those people who buy mandarin are so stupid?

    Quote Originally Posted by eng81157
    the price test is flawed. it measures scarcity - simple demand and supply.
    using price as a measure for popularity is as good as saying this,

    just because mandarin's charging more than $20 for a chicken rice meal and boon tong kee's charging at $3-4 for theirs, thereby equates that mandarin's more popular.

    both serve different market segments, should refrain from using price as a gauge of popularity

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    go invest in d18. t best.

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    Quote Originally Posted by teddybear
    As I had said before, D15 is not the most popular (although it has highest transactions). I believe D9 is the most popular, that is why the price is also the highest, going up to $5600 psf! Obviously D11 can't compare to D9. This is a fact. However, you seem to advocate that D15 is better than D9?

    If compare D15 to D11, we have D11 transacting at >$2250 psf now. In fact, the median price in D11 is probably >$1800 psf now. What is the highest price in D15? What is the median price in D15? This will help to gauge "popular" base on price. Do you genuinely believe that a property can be super popular and super hot and super in demand when it keep transacting at such low price compared to the other "unpopular" properties?
    Again, pple like to confuse popularity with price. High price does not mean it's popular. It simply means it is priced way out of its perceived value or in other words, "carrot".

    Of cos, if D9 is priced the same as D15, then it sure will be more popular than D15.

    And I wouldn't say the same for D10 or D11 simply because these areas do not appeal to us

    At the end of the day, perceived value is up to individual. No one's opinion can rule over the others.

    Whether be it Mandarin's chicken rice or Boon Tong Kee's chicken rice, both are chicken rice at different prices that goes into the stomach but the output you get is the same.

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    d18 t besttttttttttttttttttttttttttttttttttttttttttttt


    Quote Originally Posted by Blue
    Again, pple like to confuse popularity with price. High price does not mean it's popular. It simply means it is priced way out of its perceived value or in other words, "carrot".

    Of cos, if D9 is priced the same as D15, then it sure will be more popular than D15.

    And I wouldn't say the same for D10 or D11 simply because these areas do not appeal to us

    At the end of the day, perceived value is up to individual. No one's opinion can rule over the others.

    Whether be it Mandarin's chicken rice or Boon Tong Kee's chicken rice, both are chicken rice at different prices that goes into the stomach but the output you get is the same.

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    Quote Originally Posted by teddybear
    If mandarin can charge $20 per chicken rice meal and yet earns much more than boon tong kee's $3-4, doesn't it tell us something about mandarin? Isn't mandarin's chicken rice super hot and in demand? Otherwise what can be the conclusion? Those people who buy mandarin are so stupid?
    mandarin and boon tong kee cater to different consumer segments, duh. one thing's clear is that your knowledge of branding is close to zlich.
    same food, different branding, different premium charged. the expensive price just clearly tells us mandarin is not selling merely chicken rice, the brand sells a lifestyle along with consumption of a meal.

    so please, don't ever use price as a yardstick for popularity. price is the result of demand-supply and scarcity of resources. popularity is the state of being sought after, or what consumers/buyers clamour for.

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    If something is more popular, this should means big demand. If big demand means prices will be higher right? No? Assume D11 and D15 has equal number of properties available (though this is most likely not the case because D15 has highest number of transactions yet commanding lower price than D11), D11 now trading mostly higher than D15, why? Isn't it because more demand (may be less supply) => higher price => more popular? Ok, just forget about "popular". Just take it that there is "more demand" for D11 vs D15 properties. "MORE DEMAND" to me means "more popular". You can choose to ignore this fact but you cannot ignore the fact that D15 is cheaper than D11.
    People can choose where they want to buy. If D11 not more popular why price is higher? Why price higher and people still willing to pay higher price? What you said doesn't make sense.

    Quote Originally Posted by eng81157
    mandarin and boon tong kee cater to different consumer segments, duh. one thing's clear is that your knowledge of branding is close to zlich.
    same food, different branding, different premium charged. the expensive price just clearly tells us mandarin is not selling merely chicken rice, the brand sells a lifestyle along with consumption of a meal.

    so please, don't ever use price as a yardstick for popularity. price is the result of demand-supply and scarcity of resources. popularity is the state of being sought after, or what consumers/buyers clamour for.

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    Default district 15 still top draws

    Quote Originally Posted by eng81157
    mandarin and boon tong kee cater to different consumer segments, duh. one thing's clear is that your knowledge of branding is close to zlich.
    same food, different branding, different premium charged. the expensive price just clearly tells us mandarin is not selling merely chicken rice, the brand sells a lifestyle along with consumption of a meal.

    so please, don't ever use price as a yardstick for popularity. price is the result of demand-supply and scarcity of resources. popularity is the state of being sought after, or what consumers/buyers clamour for.
    I think Mr eng81157 needs to go back to school to study some Economics 101....price means many things my friend...if there is no demand or not popular...do you think the price will be high? let's not talk about branding in property market...can you tell me which district is branded? Come on, let's talk some sense in this forum...the high price in district 9, 10 and 11 is primarily due to its appeal to very central locations, very attractive shopping and eatting...world class buzz area...therefore, there is a lot a demand there....and based on simple economics, demand is higher than supply....and hence the price trends up...

    If you still have no idea what i talked about, I sugguest you pick up an economics book and start reading...or maybe you can sign up some class to learn about economics and market forces that drive pricing..

  30. #60
    Join Date
    Aug 2009
    Posts
    203

    Default district 15 still top draws

    Quote Originally Posted by Blue
    Again, pple like to confuse popularity with price. High price does not mean it's popular. It simply means it is priced way out of its perceived value or in other words, "carrot".

    Of cos, if D9 is priced the same as D15, then it sure will be more popular than D15.

    And I wouldn't say the same for D10 or D11 simply because these areas do not appeal to us

    At the end of the day, perceived value is up to individual. No one's opinion can rule over the others.

    Whether be it Mandarin's chicken rice or Boon Tong Kee's chicken rice, both are chicken rice at different prices that goes into the stomach but the output you get is the same.
    Priced way out of perceived value?? Who gives you the authority to say what is its percieved value?? To many people, its value is there and that's y people pay such prices....to you, its not worth the $? That's your problem because prices are determined by market forces..

    To me, market forces determined the prices...who cares what is your percieved value...I also think the percieved value in Singapore should be less than $500psf everywhere in Singapore but the market doesnt think so...so, what do u do? Accept the fact that market forces will determine the fair prices and value...that's free market economics...

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