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downtown
26-09-06, 21:28
http://img142.imageshack.us/img142/1161/clift1el4.jpg

downtown
26-09-06, 21:33
Designed by Super Potato, Japanese design superstars founded in 1973 by Takashi Sugimoto.

Intrepid Explorer 2.0
17-10-06, 16:36
How are the sales of this project? Pretty hot, I would think.

Unregistered
27-11-06, 12:12
No news on this? Very quiet..

ck_marz
01-12-06, 22:08
visited the sales office couple of weeks ago. Selling well, was told only left few low-floor unit.

Unregistered
10-12-06, 13:46
half sold already without any marketing done. must be a really hot project. they have sold out all their low floor units since the last time i visited them.

Makelele
11-12-06, 12:12
Strange, why low floor are the first to sell out?

I would have thought that, for apartments in the city, high floors would be more in demand (nice views, etc).

Then again, if you are buying solely for investment and renting out, views do not make much of a difference. Or do they?

ryan
18-12-06, 13:05
The Clift is an exploration of Modernistic expression located in the heart of the Central Business District. Located on the cross junction of Telok Ayer & Mccallum Street. It is a home like no other. Lifestyle facilities such as spa-inspired saunas, massages, Jacuzzis & an infinity-edge plunge pool with a glass-end wall, provide respite from the demands of the corporate world.

Developer: Far East Organization

Tenure: 99 years (wef: 28/04/2004)

Expected Completion: Early2010

Location: 15 McCallum Street (District 1)

Site Area: 19,578 sqft

Number of units: 312 (1 Block of 43 storey)

Apartment sizes:

1 Bedroom from 505sf - 560sf
1 Bedroom Loft from 753sf - 807sf
2 Bedroom from 775sf - 818sf
2 Bedroom loft 1065sf

Facilities: Two levels at 10th and 31st floors

Price: From S$1500 psf

wacko jacko
18-12-06, 13:44
This is one good looking condo! no view though.

FEO
22-05-07, 12:00
The Cliff is 60% sold.
The prices range from $1,950-$2,900 psf.

moonk123
12-12-08, 12:41
http://www.virtualhomes.sg/FileUpload/Project/175/Images/main.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/a1.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/a2.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/a4.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/floor_typeAL1.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/floor_typeBL1.jpg

http://www.virtualhomes.sg/FileUpload/Project/175/Images/elevation.jpg

see more from :
http://www.virtualhomes.sg/theclift

:)

propertysale01
29-04-09, 11:21
http://www.postimage.org/PqwUcI0.jpg

the Clift

Location: 21 McCallum Street
District: 01
Tenure : 99 years w.e.f 2004
Expected Completion : 2011
Site Area: 19,578 sqft
Total Units: 312 (1 Block of 43 storey)
Unit Types:
1 Bedroom ~ 505sf - 560sf
1 Bedroom Loft ~ 753sf - 807sf
2 Bedroom ~ 775sf - 818sf
2 Bedroom loft ~ 1065sf


Feel life in a way like never before. Be spellbound by the essence of modern living, expressed in creations that transcend the mundane.

A perfect fusion of designer living and modern conveniences, nestled amidst the life of the city. It's extraordinary living, at the heart of it all. Feel alive once again.


Feel the life, at THE CLIFT.


Bringing new life to the city.
Introducing THE CLIFT - the CBD's most conveted residential address. Injecting new energy and visual sophistication to the downtown streets renowned Japanese design stars like Super Potato, the building oozes minimalistic chic and elegance that hint at the modernism and sleek comforts that lie within.

Attention to detail. The distinctive mark of world-renowned design.


The visual spectacle of THE CLIFT's striking facade is the creation of Japanese design superstars Super Potato, an outfit founded by renowned Japanese designer Takashi Sugimoto in 1973.


http://www.postimage.org/aVquu9J.jpg (http://www.postimage.org/image.php?v=aVquu9J)

Sugimoto's design works range from interior design and space planning for bars, resturants, shops and resorts to comprehensive design direction for commerical spaces. He has been the recipient of numerous awards including the prestigious Mainchi Design Award.

"The Mainichi Design Prize (毎日デザイン賞 ,Mainichi Dezain Shō), originally the New Japan Design Competition, is an annual award given to outstanding Japanese designers. The award, founded in 1952, is sponsored by Japanese newspaper Mainichi Shimbun It is considered Japan's most prestigious award for design."

http://www.superpotato.jp/ (http://www.superpotato.jp/)
The link to Superpotato official site.

As one of Japan's leading interior designers, Sugimoto designed Tokyo's famed Bar Radio in 1971, and has since created countless distinctive commericial spaces. Boasting characteriistically simple yet strong designs, he has in recent years become more involved in design projects like hotels and resorts. Beginning with the award-winning Mezza9 at the Grand Hyatt Singapore and Cafe TOO at the Island Shangri-La in Hong Kong, his projects are increasingly being located overseas.

Living at The Clift

Connect the dots between work and play at THE CLIFT, an unprecedented lifestyle abode at the heart of it all. Amidst the buzz of the surrounding downtown, discover a vibrant new concept in urban living.

Two storeys of decadent pleasure. DUPLEX

A duplex fantasy fit for fine dining, red wine and the simple pleasures of companionship. Indulge your passions as you soak in breadthtaking views from full-length windows, while lounging about on contemporary urban fittings.

Revel in the modern convenience of your living space and delight in well-appointed fittings topped with the impeccable finishing your discerning taste demands for.

I'm every woman.

Inspiring feminine, yet strong. Let your home reflect every bit of your character and personality, with lush design touches that tease with gentle playfulness.

"Live for the day, and thyself."

Step into a unit designed with today's suave metropolitian man in mind. Like fine wine, a living space worthy of paced appreciation.

Rise above it all.

The Stage, where time stands still in bliss and relaxation.
http://www.fareast.com.sg/FEOCorp.Upload/CMS/2.jpg

THE STAGE, where time stands still in bliss and relaxation

Transcending the everyday amenities expected by today's urban dweller, THE CLIFT is home to facilities that are truly one-of-a-kind. Be enthralled by a host of modern indulgences spread across the two levels: LOUNGE - the 10th storey of the THE CLIFT, and ELEVATION - your world of private enjoyment on the 31st storey sky terrace.

Let the good tmes flow at THE BAR STOP

Lounge, 10th Storey

Not just where you'll fnd a 25m Lap Pool, Lounge wll forever change the way you look at poolside entertainment.

The Stage
The place to head for a casual message, or simply chill out amidst a resplendent water court.

The Bar Stop
Let the good times flow at your very own cabana lounge.

The White Room
Re-define household chores with a stylish Launderette Snack Bar, fully equipped with washing and drying facilities for your precious threads.

http://www.fareast.com.sg/FEOCorp.Upload/CMS/3.jpg

Dive into refreshing peace at the 25m LAP Pool.


Additional article for the Clift.

The Clift at McCallum Street is an art-inspired city home. This latest Far East Organization project will showcase vividly the dialogue between art and architecture that will give rise to a unique three-dimensional tactile art form that addresses the clean, functionality of a living residence.
The Clift, standing at 43 storeys, is built for art- and city-lovers. It is located right in the heart of the city with all the conveniences and attractions that this covetous position entails.

Art and architecture in dialogue
Far East Organization is heartened to have played a part in the transformation of Singapore's cityscape with the introduction of innovative development concepts. Icon, Novena Medical Center, and Central broke new ground and captured the imagination of the market with their creative yet functional concepts that added new value to real estate. With The Clift, Far East Organization is adding another dimension to the architectural form, art.
Far East Organization invited Superpotato, an internationally renowned Japanese interior design firm, and DP Architects, one of Singapore most established architecture practices, to collaborate on this iconic project.
The result of the collaboration we hope will be an architectural artwork that will create a new realm of perceptions, as artworks are wont to generate.

In appreciation of The Clift
Conceived for the contemporary dweller, The Clift is designed for those who appreciate the sublime sophistication of design and refined aesthetics.
The urbane eloquence of the building is expressed through its bold faηade treatment of lines, planes and textures that creates a distinct yet contemporary imagery. Articulations of the faηade will be created by the inter-play of various elements of the building. The result is a sculptured massing capped with a light box. The light box provides a strong landmark in the evening skyline and also serves as a concealed roof top service deck.
Clad in an extensive glass faηade which is uncommon in typical residential developments, The Clift compliments its commercial- and office-tower neighbours, without compromising its distinctive identity as a residential home.

Homing in on The Clift
The Clift offers a retreat from the frantic pace of urban activities down on the street level.

An exclusive floor up in the sky on the tenth storey offers a full range of recreational facilities for residents to work out their stress. A 25-metre lap pool and a fully equipped gymnasium ensure a good workout. Hydrotheraphy amenities such as massage jets in the shady lounge pool, spa beds and jacuzzi alcoves within the Aquagym pool and the steam bath will melt away all worries and tension.
The amenities in this sheltered sky terrace are set in a tranquil water court surrounding shaded by verdant trellis.
The serene ambience is carried through to the entertainment areas on the 31st storey. There are alcoves with ensuite plunge pool and jacuzzi and food preparation counters for private parties and barbecue. A clubhouse at the corner of the terrace facing Telok Ayer Street offers a cool indoor space to suit the multifarious needs of the cosmopolitan dweller.

Living choices at The Clift
The cosmopolitan dweller has many layout choices to choose from. The units are ergonomic in design, of clean lines and uncluttered space. There are a few sought after design elements to be found including an open kitchen layout that enables entertaining in a more relaxing atmosphere; floor-to-ceiling windows to maximise views and to ensure that the interiors are bright and airy.
The lofts from the 31st storey onwards are reminiscent of shop-house living with all the modern amenities high in the city. High ceilings in the living space offer unparalleled views of the cityscape. The loft layout ensures a peaceful space that provides an arena for boundless creativity.

At The Clift
The Clift has it all.
It is located in an enviable position, right on the pulse of the city, where tradition and modernity juxtapose harmoniously together, and contemporary trends run side by side with established practices to form different and exhilarating ways of establishing new forms of living, working and playing.
Set away from the busy Cecil Street to the east, The Clift is bounded by McCallum Street to the north and Telok Ayer Street to the west.
In its immediate vicinity are trend-setting bars and cafes, restaurants that cater to all taste buds and preferences, boutique shops, launderettes, and all the other amenities found in the city.
A unique proposition offered by The Clift is history right on its doorstep. Telok Ayer was the area where many of our city's early immigrants first settled. History still stands around the corner. Buildings nearly as old as modern Singapore, Thian Hock Kheng Temple, and Nagore Durga Shrine, still serve their original religious purposes. The tropical shophouses that are unique to this region and once served as homes and work places, have been all spruced up and are alive with new uses.
These conserved shophouses also ensure that the residents of The Clift will have lasting and panoramic views of Raffles Place and beyond. Unobstructed views of Mount Faber, and on clear days, of the distant islands, as well as the cityscape and views of Marina Bay, can be seen from the upper reaches of The Clift.

The Clift - Art of City Living
Far East Organization has responded to the Government's call to rejuvenate the city with its city-living projects: the 646-unit Icon at Tanjong Pagar, and the 227-unit SOHO (Small Office Home Office) component of Central by the Singapore River, and now The Clift.
The resident population of the city will rise from three to seven per cent. This critical mass will enervate the city and create more buzz.
The URA Concept Plan 1991 has laid the groundwork. The cultural district crowned by The Esplanade: Theatres by the Bay has staged the vibe for excitements with operas, plays, international musicals and acts. Local arts groups find homes under the arts housing scheme in Waterloo Street, Robertson Quay, and in the neighbourhood of The Clift, and the Chinatown area.

Last year, 5,700 performance and visual arts exhibitions were held in Singapore. The Esplanade alone hosted 1,900 events and saw seven million visitors.

The Museum precinct is elegantly set out and the doors of the museums are open. Last year a historic three quarter of a million people visited the museums. The National Museum of Singapore has reopened after its $132 million renovation. And museum lovers can also look forward to the conversion of The City Hall and the Supreme Court into a world-class art gallery by 2010.
The beat of the city will increase many folds at The Entertainment District. The neon-lit Bugis-Selegie area will have streets of cinemas, theatres, performance venues, music and dance halls, specialty shopping centres and exciting dining outlets.
The integrated resort and all the attractions of Marina Bay including The Gardens by the Bay, Singapore Flyer - a giant observation wheel, the landmark double helix pedestrian bridge and the Marina Barrage where water-sports events will be held will provide and add further excitement for city dwellers.

Cosy up to breadtaking views at THE CHAMBER

Elevation, 31st Storey
A private world of pleasure located among the clouds, Elevation is literally an intoxicating new height of indulgence.

The Boardwalk
An alfresco lounge area like no other. Enjoy the breadtaking atmosphere with your drink in hand. 31 storey up.

Sanctum
Host a poolside party with a plunge pool and outdoor dining area, where your chosen chef may provide top-class dining under the stars.

The Chambner
Party the night away nice and slow at this cosy entertainment deck with jacuzzi - perfect for that causal, intimate get-together with close friends.

Sensation
A private massage parlour where you can enjoy professional masseur services amidst an incomparable view of the surrounding cityscape.

Be a million miles away from a city that's all around you at SANCTUM

Life at THE Clift

Feel the buzz every wakng moment with endless options for wining, dining and partying just a stone's throw away from home. Or simply revel in the cultural revue of the surrounding Civic and Cultural District.

Make a good book better.

Make every meal a new experience.

Discover that little shop around the corner.



FACILITIES
10th Storey
• Clubhouse patio & lounge
• Deck dining (with BBQ pits)
• Catwalk deck with trellis & raincurtain
• Massage pavilion
• Cabana lounge
• Waterwall cascade
• Pool lounge beds
• Launderette
• Snack bar

31st storey
• Multi-purpose room
• Lounge deck
• Plunge pool with glass end wall
• Dining area
• Sauna
• Jacuzzi
AMENITIES
• Near Tanjong Pagar Food Centre
• Near Lau Pa Sat
• Near Amoy Food Centre
• Near Amara Hotel
• Near Chinatown
• Near Suntec City
• Near VivoCity
• Near HarbourFront
• Near City Hall
• Near Boat Quay
• Near Maxwell Market & Food Centre
• Marina Bay Sands integrated resort









http://www.fareast.com.sg/FEOCorp.Upload/CMS/1.jpg

http://www.fareast.com.sg/FEOCorp.Upload/CMS/4.jpg




http://www.fareast.com.sg/FEOCorp.Upload/CMS/TheCliftduplex4.jpg

http://www.fareast.com.sg/FEOCorp.Upload/CMS/theCliftduplex.jpg


http://www.fareast.com.sg/FEOCorp.Upload/CMS/TheCliftapt5.jpg
For sales enquiries, please call
(65) 9028 7921. Aaron.

latour
29-04-09, 11:54
nice pictures...

BenziT77
29-04-09, 12:56
psf how much ?

proud owner
29-04-09, 12:59
psf how much ?

can someone tell me why all these advertisements..

whenever its 'enjoy life' type ..the pictures always show ang moh ..

and show those walking around all chinese ?

why ?

gfoo
29-04-09, 13:02
actually, you'll notice all the men are angmoh. the only chinese man is the bartender. all the women are either chinese or angmoh.

Lord Anus
29-04-09, 13:22
can someone tell me why all these advertisements..

whenever its 'enjoy life' type ..the pictures always show ang moh ..

and show those walking around all chinese ?

why ?

I can think of only:

1) Because Chinese don't know how to enjoy life. Only know how to work, gamble and commit suicide if lose money.

2) Because it is supposed to be marketed to ang moh investors. Ang moh like being served by chinaman. makes them feel shiok.

3) Because the ad agency that Far East commissioned to make this ad are ang moh agency. Ang moh males love being the Tua Kee of the world, only white and Asian women can be their partners, Asian males are only good for servants. Black males are like the antichrist to the Ang Moh male, because all the hot white women love black men.

kalumder
29-04-09, 13:32
can someone tell me why all these advertisements..

whenever its 'enjoy life' type ..the pictures always show ang moh ..

and show those walking around all chinese ?

why ?

dont know, but can you tell why the units in prospectus never end up looking like the real thing? Imagine other industries did that. Imagine ordering a Mercedes, only for the interior to end up without seats, steering wheel, and all built of the cheapest plastics. I dont really understand the concept of having to buy a new unit, just to rip out everything and renovate it because the quality is not as advertised. Why cant I just buy a naked flat. Why are showflats and prospectus images not required to be a representation of the finished product as it will be handed over to the buyer, by the developer?

WolleyDragon
29-04-09, 16:16
The CLIT..

blackswan
29-04-09, 17:04
Have been hooked on the Amoy Lesi Lemak at Amoy market level 2 for a while so always went there to makan during office lunch hour.

Have always think to myself while sitting at the tables along the long edge how is the future residents going to live in such a small development. Really, its a very very small piece of land. Hope the units are w/o balcony, planter, and bay window, else.........

sabian
31-05-09, 04:19
Business Times - 30 May 2009
The Clift unit fetches 36% less just after a year
Bought for $1.65m by the seller, the 19th floor unit is auctioned for $1.047m. By Kalpana Rashiwala
A TWO-BEDROOM apartment on the 19th level of The Clift, at the corner of Telok Ayer and McCallum streets, was sold at a DTZ auction this week for about $1,350 per square foot (psf) - 36 per cent lower than the $2,129 psf the seller is said to have paid for it barely a year ago. The 99-year-leasehold unit was put up for auction by the mortgagee, understood to be Citibank.


Analysts reckon the $1.047 million the 775-sq-ft unit fetched was probably not enough to cover the loan the seller took for the property when he bought it for $1.65 million in the sub-sale market in July 2008.


At Thursday's auction at Amara Hotel, there were initially no takers when the auctioneer called for an opening price of $1.08 million. A lower counter offer was made by a bidder and after close to 20 bids from about five parties, an Indonesian investor walked away with the property.


This was not the first time the 19th floor unit featured at an auction. It was offered in March and April this year, with price expectations of $1.1 to $1.2 million, BT understands.


However, the mortgagee bank's reserve price could not be met then. Market watchers reckon the bank probably cut its reserve price for this week's auction.


Since March, three other units on the 21st and 22nd levels of The Clift, which is still under construction on the former Natwest Centre site, have changed hands at between $1,111 and $1,218 psf, according to caveats information.


The 43-storey tower - with shop units at street level and apartments above - was designed by the renowned Japanese design firm Super Potato.


Two other mortgagee properties also changed hands at DTZ's auction. A couple of adjoining first-storey shop units at Grandlink Square in Guillemard Road each fetched $300,000 or $1,546 psf of strata area. They were sold with vacant possession to a Singaporean investor who already owns units in the freehold development, BT understands.


DTZ managed to find a buyer prior to this week's auction for another mortgagee sale property that was listed for the auction. The 5,188-sq-ft ramp-up factory unit on the second level of Northlink Building in Admiralty Street, Sembawang sold for $520,000. The property is on a site with a remaining lease of about 50 years.

mr funny
31-05-09, 14:53
http://www.businesstimes.com.sg/sub/premiumstory/0,4574,335483,00.html?

Published May 30, 2009

The Clift unit fetches 36% less just after a year

Bought for $1.65m by the seller, the 19th floor unit is auctioned for $1.047m. By Kalpana Rashiwala


A TWO-BEDROOM apartment on the 19th level of The Clift, at the corner of Telok Ayer and McCallum streets, was sold at a DTZ auction this week for about $1,350 per square foot (psf) - 36 per cent lower than the $2,129 psf the seller is said to have paid for it barely a year ago.

http://www.businesstimes.com.sg/mnt/media/image/launched/2009-05-30/BT_IMAGES_KRAUCTION30.jpg
OTHER DEALS
Since March, three other units on the 21st and 22nd levels of The Clift, which is still under construction, have changed hands at between $1,111 and $1,218 psf, according to caveats information.

The 99-year-leasehold unit was put up for auction by the mortgagee, understood to be Citibank.

Analysts reckon the $1.047 million the 775-sq-ft unit fetched was probably not enough to cover the loan the seller took for the property when he bought it for $1.65 million in the sub-sale market in July 2008.

At Thursday's auction at Amara Hotel, there were initially no takers when the auctioneer called for an opening price of $1.08 million. A lower counter offer was made by a bidder and after close to 20 bids from about five parties, an Indonesian investor walked away with the property.

This was not the first time the 19th floor unit featured at an auction. It was offered in March and April this year, with price expectations of $1.1 to $1.2 million, BT understands.

However, the mortgagee bank's reserve price could not be met then. Market watchers reckon the bank probably cut its reserve price for this week's auction.

Since March, three other units on the 21st and 22nd levels of The Clift, which is still under construction on the former Natwest Centre site, have changed hands at between $1,111 and $1,218 psf, according to caveats information.

The 43-storey tower - with shop units at street level and apartments above - was designed by the renowned Japanese design firm Super Potato.

Two other mortgagee properties also changed hands at DTZ's auction. A couple of adjoining first-storey shop units at Grandlink Square in Guillemard Road each fetched $300,000 or $1,546 psf of strata area. They were sold with vacant possession to a Singaporean investor who already owns units in the freehold development, BT understands.

DTZ managed to find a buyer prior to this week's auction for another mortgagee sale property that was listed for the auction. The 5,188-sq-ft ramp-up factory unit on the second level of Northlink Building in Admiralty Street, Sembawang sold for $520,000. The property is on a site with a remaining lease of about 50 years.

[email protected]

Blue
09-12-09, 15:10
With the recent hot hot sales of Marina Bay Suites at 2400psf, do you guys think the upside for The Clift (currently at 1500 psf) is fairly optimistic?

A flip of $500psf can make a decent profit of $400-500K :cool:

gfoo
09-12-09, 21:44
the clift should be compared with the prices of lumiere and icon - it's not marina bay

Squall8888
10-12-09, 08:53
Depends. If Marina bay prices go beyond normal investors (eg: more than 4k psf), then maybe people will go for Clift.



the clift should be compared with the prices of lumiere and icon - it's not marina bay

Blue
21-12-09, 20:01
It's just 5 to 10 mins walk to Marina Bay..how could the price differ so much? :beats-me-man:

gfoo
21-12-09, 20:54
well if u think so, and you like the clift then buy lah. no one will have done as much reaearch as the person interested in a project, so you'll already have doe your assessment

Squall8888
21-12-09, 21:23
The view and location. Cliff got no view, no garden, no shopping centre, nothing. And Sail location is far superior. I can't think of many developments that boost 2 MRTs station at your doorstep. Walking more than 10 mins is considered far already. It makes a difference when you walk everyday.

It is just too bad, I didn't get one unit there. IMO, it is still cheap considering the location. Went to view a condo near newton/novena. Cannot remember which one already. The one with the transparent sky gym. Near orchard but location still not very ideal. I was quite disgusted by the pricing of the studio. 2.2 to 2.3k psf. I rather get Sail/MBR anytime.



It's just 5 to 10 mins walk to Marina Bay..how could the price differ so much? :beats-me-man:

Blue
27-12-09, 00:02
Obviously, The Clift cannot compare to MBS, MBR, The Sail, One Shenton prices or psf. But if any of these developments' psf goes up again. The Clift should follow suit and that's when we start to profit take. At the last transacted psf of $1420 for a 2 bedder, I personally see a lot more upside than downside risk. :cool:

Probly targeting to exit at 1800 or 1900psf will be very sweet profit of $300K+. :2cents:

Blue
27-12-09, 00:06
The view and location. Cliff got no view, no garden, no shopping centre, nothing. And Sail location is far superior. I can't think of many developments that boost 2 MRTs station at your doorstep. Walking more than 10 mins is considered far already. It makes a difference when you walk everyday.

It is just too bad, I didn't get one unit there. IMO, it is still cheap considering the location. Went to view a condo near newton/novena. Cannot remember which one already. The one with the transparent sky gym. Near orchard but location still not very ideal. I was quite disgusted by the pricing of the studio. 2.2 to 2.3k psf. I rather get Sail/MBR anytime.

If for own stay, certainly should look elsewhere. If for invest / rent, The Clift is definitely one gd choice.

thomastansb
27-12-09, 03:02
As much as I love TS, I think Citylights offers the highest rental yield. Rental at TS sucks but is improving a lot over the past 6 months.




If for own stay, certainly should look elsewhere. If for invest / rent, The Clift is definitely one gd choice.

Regulators
27-12-09, 18:17
your highest still no match for hdb or Maytower in KL (9%+Rental yield)
As much as I love TS, I think Citylights offers the highest rental yield. Rental at TS sucks but is improving a lot over the past 6 months.

Squall8888
27-12-09, 20:31
Agree. Citylights might be having the highest rental yield in Singapore now, nothing beats HDB.

But....

HDB - lose out 8 years of opportunity costs
KL - That country is a joke.. No stability and most importantly, that country is a joke. Indonesia 50% rental yield but you dare to venture or not?




your highest still no match for hdb or Maytower in KL (9%+Rental yield)

Regulators
27-12-09, 20:57
For HDB, 8 years apply to new flats, not resale. Moreover, nothing to stop owners from drafting room rental agreements even if whole unit is leased out.

For Malaysia, safest to invest in KLCC freehold properties in the heart of the capital. May have to contend with short term rental to get 9% rental yield, but have also heard of people renting long term for this kind of yield.

For Indo, I won't even think of parking any money there. Money is usually made from plantation ownership in indo and that pie has already been taken.



Agree. Citylights might be having the highest rental yield in Singapore now, nothing beats HDB.

But....

HDB - lose out 8 years of opportunity costs
KL - That country is a joke.. No stability and most importantly, that country is a joke. Indonesia 50% rental yield but you dare to venture or not?

Squall8888
27-12-09, 21:12
For resale, then rental yield won't be 9% already.

Let's take pouggol for instance. One of the cheapest HDB. 5 rooms cost about 450k. Rental only 1.8k on average. That gave 4.8% yield. Better park my money in private properties. Unless you want those 'birds don't lay eggs' location. Maybe 5 rooms cost 350k. Cheapest in Singapore already. Rental maybe 1700. Only 5.8% yield. Still private better. Still got faster capital appreciation.

The only exception is you buy first hand. Those who bought sengkang in the early days are getting 30-40% yield.





For HDB, 8 years apply to new flats, not resale. Moreover, nothing to stop owners from drafting room rental agreements even if whole unit is leased out.

For Malaysia, safest to invest in KLCC freehold properties in the heart of the capital. May have to contend with short term rental to get 9% rental yield, but have also heard of people renting long term for this kind of yield.

For Indo, I won't even think of parking any money there. Money is usually made from plantation ownership in indo and that pie has already been taken.

Reporter
27-12-09, 22:52
For resale, then rental yield won't be 9% already.

Let's take pouggol for instance. One of the cheapest HDB. 5 rooms cost about 450k. Rental only 1.8k on average. That gave 4.8% yield. Better park my money in private properties. Unless you want those 'birds don't lay eggs' location. Maybe 5 rooms cost 350k. Cheapest in Singapore already. Rental maybe 1700. Only 5.8% yield. Still private better. Still got faster capital appreciation.

The only exception is you buy first hand. Those who bought sengkang in the early days are getting 30-40% yield.


For HDB, 8 years apply to new flats, not resale. Moreover, nothing to stop owners from drafting room rental agreements even if whole unit is leased out.

For Malaysia, safest to invest in KLCC freehold properties in the heart of the capital. May have to contend with short term rental to get 9% rental yield, but have also heard of people renting long term for this kind of yield.

For Indo, I won't even think of parking any money there. Money is usually made from plantation ownership in indo and that pie has already been taken.
I believe comparing condo's rental with HDB's isn't a good comparison.

Opportunity Cost
Can you rent out your resale HDB flat within the first 2 years?
Your condo generates income immediately.

Limited Income
Can you buy more than 1 HDB resale flats or a multi-million flat to get higher income?
You can buy more than 1 condo or a more costly condo to get higher income.

Regulators
27-12-09, 22:59
dont think u knw the hdb market very well. A 4rm flat in Bt Batok for example cost around 350k and the asking rental in that area for 4rm is 2k for flats near the mrt. That works out to 6.8%rental yield in current market. For 3rm flats in the same area, rental yield is even higher at 7.7% (3rm flats in Bt Batok costing around 250k to 260k and rental is 1.6k for units near mrt). Find me a condo that can achieve that in current mkt. A Maytower KLCC condo cost rm230k and rental is rm2.2k which works out to in fact 11.4% rental yield not 9%.
For resale, then rental yield won't be 9% already.

Let's take pouggol for instance. One of the cheapest HDB. 5 rooms cost about 450k. Rental only 1.8k on average. That gave 4.8% yield. Better park my money in private properties. Unless you want those 'birds don't lay eggs' location. Maybe 5 rooms cost 350k. Cheapest in Singapore already. Rental maybe 1700. Only 5.8% yield. Still private better. Still got faster capital appreciation.

The only exception is you buy first hand. Those who bought sengkang in the early days are getting 30-40% yield.

thomastansb
28-12-09, 02:35
Are you sure 4 room can get 2k? Somemore in such ulu location. Even bukit merah directly opp. metropolitan, 1 min to MRT only around 2.1k for 5 room flats.




dont think u knw the hdb market very well. A 4rm flat in Bt Batok for example cost around 350k and the asking rental in that area for 4rm is 2k for flats near the mrt. That works out to 6.8%rental yield in current market. For 3rm flats in the same area, rental yield is even higher at 7.7% (3rm flats in Bt Batok costing around 250k to 260k and rental is 1.6k for units near mrt). Find me a condo that can achieve that in current mkt. A Maytower KLCC condo cost rm230k and rental is rm2.2k which works out to in fact 11.4% rental yield not 9%.

thomastansb
28-12-09, 02:39
It is insane to buy HDB now. Look at the resale prices. I rather buy private. With 8k income ceiling, who can afford? And needless to say, all those regulations and red tapes.

Punggol 450k to 500k. 30 years loan. One month $1.8 to 2k. CPF just nice if couple income is 7k+

If buy mature estate with 8k income ceiling, how to afford without coming out cash?

Then again, one man's meat is another man poison. Some might argue private also need to come out cash. So it's hard to make comparison. The Sail is still the best IMO.





I believe comparing condo's rental with HDB's isn't a good comparison.

Opportunity Cost
Can you rent out your resale HDB flat within the first 2 years?
Your condo generates income immediately.

Limited Income
Can you buy more than 1 HDB resale flats or a multi-million flat to get higher income?
You can buy more than 1 condo or a more costly condo to get higher income.

Regulators
28-12-09, 15:44
Record I heard for 4rm in bukit batok is 2.2k. It is a norm to rent out a 4rm near mrt in bukit batok for between 1.8k to 2.1k. I have friends living in that area who told me that. They told me that supply for rental flats in bukit batok near the mrt is very low which explains the high rental in that area. Bt Batok is also one of the most desirable estates to live in with a very good mix of greenery and urban lifestyle (can stroll to Bukit Timah hil and nature reserve and yet it is close to a mall, all banks, eateries etc etc. and easy access to PIE/AYE and bukit timah area.


Are you sure 4 room can get 2k? Somemore in such ulu location. Even bukit merah directly opp. metropolitan, 1 min to MRT only around 2.1k for 5 room flats.

Regulators
28-12-09, 15:47
You mean best in terms of rental yield? are you joking? for the price you paid for the sail, you will probably be thinking of capital appreciation more than rental yield I suppose.


The Sail is still the best IMO.

thomastansb
28-12-09, 16:09
Nope. Not about yield or appreciation. TS yield is bad.

What I meanis quality living. But different people might have different opinions about quality living. Some like HDB, some like older estate, some like new and quiet estate. I like the 2 MRTs, malls, concrete towers, sea, bay, garden etc etc etc.... at your door step.



You mean best in terms of rental yield? are you joking? for the price you paid for the sail, you will probably be thinking of capital appreciation more than rental yield I suppose.

thomastansb
28-12-09, 16:19
squall/regulator - No need argue la. I prefer HDB data.

This is how I derive from HDB data => 2000/mth / 400k = 6% yield.



From HDB data, only $1800 for 4 rooms. This is also coincidentally the national average as well. So bt. batok is not good, not bad.

http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/CORPORATE_PR_23012009_ANNEX_E/$file/4Q08RPI+Annex+E.pdf


And on average, selling price around 400k + - 10% from HDB website. I assume near MRT can get 2k rental. Even at 2.3k a month, still less than 7% yield.

Bukit Batok 106 01 to 05 107.00
Model A 1985 $330,000.00 Dec 2009
Bukit Batok 621 26 to 30 90.00
Model A 2003 $491,000.00 Dec 2009
Bukit Batok 106 01 to 05 104.00
Model A 1985 $385,000.00 Oct 2009
Bukit Batok 124 01 to 05 98.00
New Generation 1985 $320,000.00 Oct 2009
Bukit Batok 625 06 to 10 103.00
Model A 1997 $415,000.00 Oct 2009





Record I heard for 4rm in bukit batok is 2.2k. It is a norm to rent out a 4rm near mrt in bukit batok for between 1.8k to 2.1k. I have friends living in that area who told me that. They told me that supply for rental flats in bukit batok near the mrt is very low which explains the high rental in that area. Bt Batok is also one of the most desirable estates to live in with a very good mix of greenery and urban lifestyle (can stroll to Bukit Timah hil and nature reserve and yet it is close to a mall, all banks, eateries etc etc. and easy access to PIE/AYE and bukit timah area.

Blue
08-01-10, 16:49
Is't this thread supposed to talk abt The Clift? Now become TS, HDB vs Pte rental yield liao. :doh:

teddybear
08-01-10, 18:05
Quality of living? Don't really agree TS (The Sail) is best lah because >1110 units. So cramp. Don't think the facilities can cater for so many units. I prefer those condo estate with < 200 units. More exclusive, less cramp, more chance to enjoy the facilities. Furthermore, don't want to live in the central city where you have F1, etc events happening and roads around are closed causing huge traffic jam and inconvenience to residents there and the whole surroundings swamped with aliens (ops, I mean non-residents).


Nope. Not about yield or appreciation. TS yield is bad.

What I meanis quality living. But different people might have different opinions about quality living. Some like HDB, some like older estate, some like new and quiet estate. I like the 2 MRTs, malls, concrete towers, sea, bay, garden etc etc etc.... at your door step.

Blue
09-01-10, 08:58
If buy to stay:

Better to get somewhere along the fringe of the CBD due to the multiple ERPs you would be paying to get in and out of CBD daily. Plus the extra premium psf you pay for a unit in the CBD versus the fringe areas, you could jolly well get a larger unit (double the size) outside of CBD or buy a Lambo / Ferrari to drive and live in style than to be cramped in a small space surrounded by offices and white collar workers.

On the contrary, if you like to admire office ladies (OLs) while sitting by your living hall, then city living is for u.

If buy to invest:

I think value of The Clift has room to appreciate given its lower psf as compared to the ones in Marina Bay or even Icon / Lumiere.

Am tempted to get a 2 bedder...now going at approx $1500 psf..

blackfire
28-01-10, 08:31
I would believe that the Clift will fetch a good yield in view of Icon current rental rates, apparently Icon has the highest rental yield even in last year economical downturn ( I don't think Citylight offers better yield). The Sail's rental is not as high as Icon due to the numerous ongoing constructions in its vicinity, but once the IR and the garden by the bay are completed I'm sure the yield would improve greatly.

one good thing about the clift is the compact and efficient layout, a 2bedder and a storeroom is about 770 sft, not too small about the same size as a 3room hdb flat. Surrounding projects do not offer 2 bedders of such size. Hence, it is attractive to expats who prefer to have an additional room rather than the view with the same budget.

SP specialist
28-01-10, 20:27
Anyone has a 2brm 775sqft or 818sqft above #20 for sale?

Have a buyer with budget of 1580psf.

Please email to [email protected]

Blue
21-02-10, 11:45
Altez oredi selling $2000psf...the Clift should worth at least $1800psf now :scared-2:

thomastansb
21-02-10, 14:22
Ask your buyer to see city fringe area?





Anyone has a 2brm 775sqft or 818sqft above #20 for sale?

Have a buyer with budget of 1580psf.

Please email to [email protected]

tanumy
21-02-10, 14:50
with such prices i better buy double bay residence at d18


Ask your buyer to see city fringe area?

kEN9170
23-02-10, 10:13
Ya great. You should buy all the remaining dbr units! :tongue3:


with such prices i better buy double bay residence at d18

Squall8888
23-02-10, 12:21
The track noise will be unbearable and insane. Furthermore, no more upside for suburban and prices are at peak or will start dropping soon.





with such prices i better buy double bay residence at d18

blackfire
23-02-10, 16:02
One thing about The Clift that really bothers me is the really DAMN slow construction progress. My office overlooks the construction site, and I can hardly find any worker there and a crane that seems to have stalled many weeks ago. what is FEO doing for this project ? I understand that they have not fully launch the units, and so they waiting for ?I heard that the expected TOP is in end 2012 ! and hell FEO is really taking its own sweet time,wondering if this is part of their strategy....really an eye sore to see the project stopped halfway and progress so slowly..

Blue
28-02-10, 23:47
The track noise will be unbearable and insane. Furthermore, no more upside for suburban and prices are at peak or will start dropping soon.

This I beg to disagree, in fact there will still be upside to the suburbans given the bigger price differential between the prime districts and the suburbs. This is mainly bec we are talking about Singapore which is a tiny small country and the road infrastructure is very well distributed / connected. Would it make a whole lot of difference between travelling 5 mins to IR versus 15 mins to IR?

Talkign about popularity of the suburbs, just see the hot sales at The Estuary (Yishun / Khatib)...u be surprised cos I'm really surprised!!! :)

Simple mathematics:

Given an investment sum of say, S$2M, you have the choice to either invest in:

1) Prime District - 1000 sqft @ $2000 psf = S$2M
2) Suburbs / City Fringe - 2000 sqft @ S$1000 psf = S$2M

To make S$200K, you need at least a price hike of S$200psf in the Prime Dist development vs S$100 psf price hike in the Suburbs development. There will be investors who will be keen on the suburbs because of lower risk (due to lower psf paid) and higher or faster gain (due to smaller psf hike to make same return as the prime dist development).

Blue
28-02-10, 23:55
One thing about The Clift that really bothers me is the really DAMN slow construction progress. My office overlooks the construction site, and I can hardly find any worker there and a crane that seems to have stalled many weeks ago. what is FEO doing for this project ? I understand that they have not fully launch the units, and so they waiting for ?I heard that the expected TOP is in end 2012 ! and hell FEO is really taking its own sweet time,wondering if this is part of their strategy....really an eye sore to see the project stopped halfway and progress so slowly..

They are already quite fast le. If you go to visit the site of Hamilton at Scotts Road, practically not much progresses since 2008 till now...

Squall8888
01-03-10, 00:40
Well, then we have different opinions then. No one is wrong, just different perspectives.

And indeed, at IR, 5 mins to IR and 15 mins to IR do make a lot of difference. I mean just see Orchard vs AMK vs Yishun. 15 mins apart but you know what I mean?


As for capital appreciation, just take the past 1 year data:-

MBR trough / peak - 1500 psf / 2980 psf
Sail trough / peak - 1146 psf / 3205 psf
One amber trough / peak - Around 800 psf / 1350 psf
Casa Merah trough / peak - Around 600 psf / 850 psf
Livia trough / peak - Around 650 psf / 750 psf

I am ignoring all the facing but it seems the more prime units are having superior appreciation. Take Livia vs MBR. 100% appreciation. How to beat that?



This I beg to disagree, in fact there will still be upside to the suburbans given the bigger price differential between the prime districts and the suburbs. This is mainly bec we are talking about Singapore which is a tiny small country and the road infrastructure is very well distributed / connected. Would it make a whole lot of difference between travelling 5 mins to IR versus 15 mins to IR?

Talkign about popularity of the suburbs, just see the hot sales at The Estuary (Yishun / Khatib)...u be surprised cos I'm really surprised!!! :)

Simple mathematics:

Given an investment sum of say, S$2M, you have the choice to either invest in:

1) Prime District - 1000 sqft @ $2000 psf = S$2M
2) Suburbs / City Fringe - 2000 sqft @ S$1000 psf = S$2M

To make S$200K, you need at least a price hike of S$200psf in the Prime Dist development vs S$100 psf price hike in the Suburbs development. There will be investors who will be keen on the suburbs because of lower risk (due to lower psf paid) and higher or faster gain (due to smaller psf hike to make same return as the prime dist development).

luzman
01-03-10, 10:54
For 2M in suburbs...i would buy a landed...you must be kidding me...

blackfire
01-03-10, 14:30
This I beg to disagree, in fact there will still be upside to the suburbans given the bigger price differential between the prime districts and the suburbs. This is mainly bec we are talking about Singapore which is a tiny small country and the road infrastructure is very well distributed / connected. Would it make a whole lot of difference between travelling 5 mins to IR versus 15 mins to IR?

Talkign about popularity of the suburbs, just see the hot sales at The Estuary (Yishun / Khatib)...u be surprised cos I'm really surprised!!! :)

Simple mathematics:

Given an investment sum of say, S$2M, you have the choice to either invest in:

1) Prime District - 1000 sqft @ $2000 psf = S$2M
2) Suburbs / City Fringe - 2000 sqft @ S$1000 psf = S$2M

To make S$200K, you need at least a price hike of S$200psf in the Prime Dist development vs S$100 psf price hike in the Suburbs development. There will be investors who will be keen on the suburbs because of lower risk (due to lower psf paid) and higher or faster gain (due to smaller psf hike to make same return as the prime dist development).
It depends, both represent a 10% increase. Psychologically, it is more appealing to buyer to have $1,500 psf increased to $1,600 rather than a property increased from 600 to 700 psf. Prime dist are easier to rent out as compared to suburbs, so the properties appeals to both investors and owner occupied purchasers, whereas suburbs are mostly for owner occupied. Moreover, for investors who are keen on suburbs, there are many choices/projects they can choose from in the market. hence, not very wise for long term investors to buy suburbs unless they have the intention to move in there, or the unit offers very attractive pricing.

7dwc
01-03-10, 20:35
One thing about The Clift that really bothers me is the really DAMN slow construction progress. My office overlooks the construction site, and I can hardly find any worker there and a crane that seems to have stalled many weeks ago. what is FEO doing for this project ? I understand that they have not fully launch the units, and so they waiting for ?I heard that the expected TOP is in end 2012 ! and hell FEO is really taking its own sweet time,wondering if this is part of their strategy....really an eye sore to see the project stopped halfway and progress so slowly..

I agree that the construction is fairly slow considering the lease began in 2004!

Reporter
04-03-10, 13:09
Posted this on other thread also ...

FEO aggressively selling 2 units on 30th floor of Clift (775 sq.ft.) for $2322 PSF ($1.8 million).

All Clift owners can happily wait for these caveats soon :)
FEO pushing for $2,322 psf? Wow!

blackfire
05-03-10, 10:10
FEO pushing for $2,322 psf? Wow!

I wonder if there are takers since the subsale asking price is only about $1,600 psf and only about 10 floors plus below.

Reporter
08-03-10, 10:03
I wonder if there are takers since the subsale asking price is only about $1,600 psf and only about 10 floors plus below.
I think these 2 $2,322psf units are gone now.

last two units, heard, they are sold.

blackfire
08-03-10, 12:31
I think these 2 $2,322psf units are gone now.

If I can remember correctly, there are quite of handful of units not launch, mostly top levels loft units. The last I heard, about 2 years ago, FEO is asking for about $3k psf for the loft units, I wonder if there will be a relaunch or all units are sold, which I doubt so..

Blue
17-03-10, 16:10
It depends, both represent a 10% increase. Psychologically, it is more appealing to buyer to have $1,500 psf increased to $1,600 rather than a property increased from 600 to 700 psf. Prime dist are easier to rent out as compared to suburbs, so the properties appeals to both investors and owner occupied purchasers, whereas suburbs are mostly for owner occupied. Moreover, for investors who are keen on suburbs, there are many choices/projects they can choose from in the market. hence, not very wise for long term investors to buy suburbs unless they have the intention to move in there, or the unit offers very attractive pricing.

I for one as a potential buyer prefers to buy at $700 psf vs $1600 psf becuase no matter how big or small the psf, absolute dollars of investment counts. I am sure anyone in the right mind thinks the same way.

It is just common mentality that prime district prices have more upside than suburbs, so pple are still rushing in for a kill even though prices are crazy.

As for fetching rental/rental yield, prime districts are not necessary easiest to rent out or highest rental yield. My expat friends are all renting apartments in suburbs even though they make more than $20K per mth. Again, absolute dollar rent counts. Would you rent a 2 bedder in prime dist for $6K per mth versus 2 bedder in suburbs for $3K per mth? The savings of $3K per mth can cover my taxi fare from suburbs to CBD everyday (to and fro), and still got $1.5K balance for other things.

Blue
17-03-10, 16:14
Well, then we have different opinions then. No one is wrong, just different perspectives.

And indeed, at IR, 5 mins to IR and 15 mins to IR do make a lot of difference. I mean just see Orchard vs AMK vs Yishun. 15 mins apart but you know what I mean?


As for capital appreciation, just take the past 1 year data:-

MBR trough / peak - 1500 psf / 2980 psf
Sail trough / peak - 1146 psf / 3205 psf
One amber trough / peak - Around 800 psf / 1350 psf
Casa Merah trough / peak - Around 600 psf / 850 psf
Livia trough / peak - Around 650 psf / 750 psf

I am ignoring all the facing but it seems the more prime units are having superior appreciation. Take Livia vs MBR. 100% appreciation. How to beat that?

You must be kidding to say that AMK / Yishun is 15 mins to IR. Maybe in the wee hours of the morning when there is no traffic, and you are driving at 180km/hr via CTE, then its possible...15 mins to IR is more for city fringe such as East Coast, Lavendar and etc...or 15 mins walk from The Clift to IR..

Prime dist has a lot of speculation elements and hence prices appreciate much more in an upmarket. But dun forget, conversely, when market is down, prime dist depreciates much more than suburbs. It is much easier for MBR to fall from 3000 psf to 1500 psf than for Livia to fall from 750 psf to 375 psf (which is not possible).

teddybear
17-03-10, 16:30
$20k per month expats paying $3k rent? Those not real expats lah. Expats usually have housing allowance of >$8k per month and given such allowance, you think they will save money on rental and pay more money driving the longer distance + ERP & time or taxi and make life more inconvenient for themselves and everyone in their familes? :beats-me-man:


I for one as a potential buyer prefers to buy at $700 psf vs $1600 psf becuase no matter how big or small the psf, absolute dollars of investment counts. I am sure anyone in the right mind thinks the same way.

It is just common mentality that prime district prices have more upside than suburbs, so pple are still rushing in for a kill even though prices are crazy.

As for fetching rental/rental yield, prime districts are not necessary easiest to rent out or highest rental yield. My expat friends are all renting apartments in suburbs even though they make more than $20K per mth. Again, absolute dollar rent counts. Would you rent a 2 bedder in prime dist for $6K per mth versus 2 bedder in suburbs for $3K per mth? The savings of $3K per mth can cover my taxi fare from suburbs to CBD everyday (to and fro), and still got $1.5K balance for other things.

Blue
17-03-10, 16:46
$20k per month expats paying $3k rent? Those not real expats lah. Expats usually have housing allowance of >$8k per month and given such allowance, you think they will save money on rental and pay more money driving the longer distance + ERP & time or taxi and make life more inconvenient for themselves and everyone in their familes? :beats-me-man:

Expats are human beings too, not aliens. They eat, think, calculate and act like you or anyone on the streets. If they are doing well in their home country, they wouldn't be out here in Singapore to make a living. And while they are here and given a monthly fixed allowance of $8K, they will look for cheaper rent than to make use the full $8K on rental.

They can also stay in a hotel in town for a month with only $6K max. They dun even need to bother about utilities and housekeeping.

For those with families, they can use $6K to rent a landed hse in the suburbs verus same $6K to squeeze in a mickey mouse 2 bedders in the CBD.

teddybear
17-03-10, 17:29
May be you don't understand how it works for expats - Their companies will not let them pocket the housing allowance. They have to rent and claim (or some companies sign the lease for them). So, they won't get a single extra cent even if they decide to rent only $3k when given an allowance of $10k.


Expats are human beings too, not aliens. They eat, think, calculate and act like you or anyone on the streets. If they are doing well in their home country, they wouldn't be out here in Singapore to make a living. And while they are here and given a monthly fixed allowance of $8K, they will look for cheaper rent than to make use the full $8K on rental.

They can also stay in a hotel in town for a month with only $6K max. They dun even need to bother about utilities and housekeeping.

For those with families, they can use $6K to rent a landed hse in the suburbs verus same $6K to squeeze in a mickey mouse 2 bedders in the CBD.

Blue
18-03-10, 11:38
May be you don't understand how it works for expats - Their companies will not let them pocket the housing allowance. They have to rent and claim (or some companies sign the lease for them). So, they won't get a single extra cent even if they decide to rent only $3k when given an allowance of $10k.

Yes, some companies do this while other companies do the other. I am in Finance line so I know how companies work. Even companies are looking for cheaper rent as long as it does not compromise the convenience of its expat employees.

So City Fringe areas that are relatively cheaper than Prime Districts will be more attractive to lease out. Again, if we use extreme examples, MBR vs Livia.

Say you have $3M to invest, you can either buy 1 x 2 bedder unit at MBR (1000 sq ft x $3000 psf) versus 4 x 2 bedder units at Livia (4 x 1000 sqft x $750psf).

The max you can rent out the MBR unit is $6K ($6 psf) per month. But for Livia, you can rent out 4 x $2K = $8k per month ($2 psf same as a HDB rental rate) . So rental yield for prime district is not so attractive afterall!

Squall8888
18-03-10, 14:33
Depends.

Livia start selling around 600 psf and I don't know if it has hit 700 psf now.

MBR from 1500 early last year to 3130 psf now. Some forecast 4000 psf end of this year.

Different game totally. Depends on the size of your balls.





Yes, some companies do this while other companies do the other. I am in Finance line so I know how companies work. Even companies are looking for cheaper rent as long as it does not compromise the convenience of its expat employees.

So City Fringe areas that are relatively cheaper than Prime Districts will be more attractive to lease out. Again, if we use extreme examples, MBR vs Livia.

Say you have $3M to invest, you can either buy 1 x 2 bedder unit at MBR (1000 sq ft x $3000 psf) versus 4 x 2 bedder units at Livia (4 x 1000 sqft x $750psf).

The max you can rent out the MBR unit is $6K ($6 psf) per month. But for Livia, you can rent out 4 x $2K = $8k per month ($2 psf same as a HDB rental rate) . So rental yield for prime district is not so attractive afterall!

Blue
19-03-10, 11:37
Depends.

Livia start selling around 600 psf and I don't know if it has hit 700 psf now.

MBR from 1500 early last year to 3130 psf now. Some forecast 4000 psf end of this year.

Different game totally. Depends on the size of your balls.

I also encourage MBR to up as high as possible, hopefully to 10,000 psf in a couple of years' time. :D As MBR goes up, the gap btw high end and mass market property prices get widened. The mass market prices will follow suit to go up. Once mass market has gone to another high, it is stable there while high end will be subjected to free fall when market crashes. :scared-1:

At the end of the day, a property has to be occupied by an ultimate buyer in the chain supply. If you wouldn't want to pay $4M to stay in a 2 bedder, why would anyone else? Aliens from outer space? High rollers gamblers? How many multi-millionaires in Singapore would choose a mickey mouse unit in MBR vs a Semi-D / Bungalow in the city fringe?

It's not just about the balls, it's the brain that knows how to calculate and analyse. But who knows, I am not a multi-millionaire, so I do not know what are they thinking? :rolleyes:

kEN9170
19-03-10, 17:04
The Clift

http://img171.imageshack.us/img171/6293/theclift.jpg

Squall8888
06-04-10, 11:55
Going to TOP already right? From the photo, already reach the top floor I assume? I just realise clift has 2 MRTs as well.

devilplate
01-05-10, 19:56
Yes, Clift in between 2 MRT (tanjong pagar and future telok ayer to be ready in 2012 which is 2 stops away from the buzzling IR Sands)

In terms of view, it is not fantastic compared to bayview/seaview as it have only cityview to offer. However, from the lowest floor of the even stack units can have unblocked cityview for the rest of the 90+lease. I am not so sure about those pool facing units which has an old sch or hostel in front of them.

amk
02-05-10, 12:41
It is much easier for MBR to fall from 3000 psf to 1500 psf than for Livia to fall from 750 psf to 375 psf (which is not possible).
.. exactly the reason why prime pty is a better investment vehicle than mass mkt one ! one with high volatility is a better instrument than one with no volatility, for the purpose of investment. why would I be even bothered by a product where at best of time only appreciates 30% ? bro, listen to squal88, this is a totally diff ball game altogether.

august
02-05-10, 14:37
high risk higher return
want gd rental yield go for HDB lor ~ :o

devilplate
02-05-10, 16:29
high risk higher return
want gd rental yield go for HDB lor ~ :o

No wonder HDB wana sniff out all the illegal HDB subletting :doh:

devilplate
02-05-10, 16:30
.. exactly the reason why prime pty is a better investment vehicle than mass mkt one ! one with high volatility is a better instrument than one with no volatility, for the purpose of investment. why would I be even bothered by a product where at best of time only appreciates 30% ? bro, listen to squal88, this is a totally diff ball game altogether.

U got ur point..he got his point as well..tats y we have different types of investment vehicles..Different strokes for different folks :cheers6:

azeoprop
18-07-10, 23:53
The selling prices now are still below the launch prices in 2007? :beats-me-man:

devilplate
19-07-10, 00:04
The selling prices now are still below the launch prices in 2007? :beats-me-man:

shd ask me about clift...:D

very 1st phase launch in 2006....only lower flr studio r released...ard 1100psf...quite high at tat time though....:D
tats the reason y last yr can find sellers willing to let go at ard 1200psf:cheers1:

den slowly increased prices to ard 2200psf in 2007...as usual la..FEO mah...

devilplate
19-07-10, 00:10
saw one low flr studio selling ard 900k...not a bad deal...but duno whether real deal anot..or fishing ads...

at 900k..rental yield easily above 4%:D

azeoprop
19-07-10, 10:21
saw one low flr studio selling ard 900k...not a bad deal...but duno whether real deal anot..or fishing ads...

at 900k..rental yield easily above 4%:D

Thanks, my friend is looking at buying a unit there. Hee hee. :)

Squall8888
19-07-10, 10:54
That one is flip option I think. 920k. But if got cash, I feel should buy because the yield is damn high.

cashrich
20-07-10, 07:22
That one is flip option I think. 920k. But if got cash, I feel should buy because the yield is damn high.

Rent to who?

DC33_2008
20-07-10, 08:51
That one is flip option I think. 920k. But if got cash, I feel should buy because the yield is damn high.

Rental at MBR is already dropping. Are you sure this will be high?

blackfire
21-07-10, 17:21
Interestingly, The Icon rental yield is consistently high, and I would guess it could be the highest in Singapore so far. And on the other hand, the yield of The Sail is comparatively lower. So The Clift is a question mark between the two. But in view of the compact size and much lower cost psf, the Clift yield would be better that the developments in the Marina Bay area.

devilplate
21-07-10, 18:04
Interestingly, The Icon rental yield is consistently high, and I would guess it could be the highest in Singapore so far. And on the other hand, the yield of The Sail is comparatively lower. So The Clift is a question mark between the two. But in view of the compact size and much lower cost psf, the Clift yield would be better that the developments in the Marina Bay area.

u got it. clift wud expect to fetch 3.5-4k for 1bedders...take icon as a guide. let say take worse scenerio 3.5k for 920k work out to be 4.5 gross yield...not bad wat...:D

MBR worse yield as their 1bedder can cost from 1.8mil and rental ard 5k at most? but high risk high gain....mbr is trophy collection! Jewel of marina bay!

Squall8888
21-07-10, 18:32
I mean frankly speaking, you won't know until you rent out right? Today and tomorrow can make a lot of difference. Sometimes, we need to use a bit of brains to compare nearby condo. I am not saying it is guaranteed. If you want guarantee yield, I suggest that you approach the nearest DBS bank and ask them for fixed deposit. That way, you don't need to bother about MBR rental and you are sure to get 0.5% yield.

:doh:



Rental at MBR is already dropping. Are you sure this will be high?

Squall8888
21-07-10, 18:34
Don't know. Ask your agent.



Rent to who?

Squall8888
21-07-10, 18:35
Icon is near to the top. The pier is champion for very long. Orchard and Icon are close.



Interestingly, The Icon rental yield is consistently high, and I would guess it could be the highest in Singapore so far. And on the other hand, the yield of The Sail is comparatively lower. So The Clift is a question mark between the two. But in view of the compact size and much lower cost psf, the Clift yield would be better that the developments in the Marina Bay area.

devilplate
21-07-10, 18:44
Rental at MBR is already dropping. Are you sure this will be high?

MBR rental dropping bcoz they ask very high rental(5.5k and even saw some asking 6.5k!! for 1bedder MBR) in the first place so as to support their selling prices...if a unit asking for 5k rental for a 1bedder in Icon....few mths later aso naturally drop to 3.5-4k rental...make sense? haha:D

devilplate
21-07-10, 18:47
I mean frankly speaking, you won't know until you rent out right? Today and tomorrow can make a lot of difference. Sometimes, we need to use a bit of brains to compare nearby condo. I am not saying it is guaranteed. If you want guarantee yield, I suggest that you approach the nearest DBS bank and ask them for fixed deposit. That way, you don't need to bother about MBR rental and you are sure to get 0.5% yield.

:doh:

FD not 100% safe...wat if bank go bust?? buy SG govt bonds lor...chances of govt go bust much much lower:D :D :D

or buy gold bars and keep in the fridge? haha:D

devilplate
21-07-10, 18:58
MBR rental dropping bcoz they ask very high rental(5.5k and even saw some asking 6.5k!! for 1bedder MBR) in the first place so as to support their selling prices...if a unit asking for 5k rental for a 1bedder in Icon....few mths later aso naturally drop to 3.5-4k rental...make sense? haha:D

just to add: if mbr 1bedders r facing the bay instead of busy ECP...i tink 6.5k is achievable:D

focus
23-07-10, 12:03
Clift a good buy?

Jumped from $1500ish in Feb to now asking $1700-1800+ ?

An agent just called me to offer the 2bedder , 750+sqft at $1.4m..

Is the rental norm for CBD at $5psf or smaller units can command higher psf?

devilplate
23-07-10, 13:31
Clift a good buy?

Jumped from $1500ish in Feb to now asking $1700-1800+ ?

An agent just called me to offer the 2bedder , 750+sqft at $1.4m..

Is the rental norm for CBD at $5psf or smaller units can command higher psf?

u can refer to Icon as a rental guide...

as for whether gd buy anot..u decide for urself lor...i sure say gd buy bcoz i got vested interest:D

blackfire
24-07-10, 10:30
Clift a good buy?

Jumped from $1500ish in Feb to now asking $1700-1800+ ?

An agent just called me to offer the 2bedder , 750+sqft at $1.4m..

Is the rental norm for CBD at $5psf or smaller units can command higher psf?

The Clift will attract tenants who love city living at a relatively affordable price for a new project. This is the major (and only) selling point of the project. Marina Bay and newer projects are too highly priced, which translate to eventual high asking rental. I think in terms of absolute dollar, The Clift is the most affordable property investment now in the vicinity. Also note there are many units in MB which offer "lifestyle" units with seaviews, etc. The competition is steep and catchment pool is small becos of affordability.

devilplate
24-07-10, 11:06
The Clift will attract tenants who love city living at a relatively affordable price for a new project. This is the major (and only) selling point of the project. Marina Bay and newer projects are too highly priced, which translate to eventual high asking rental. I think in terms of absolute dollar, The Clift is the most affordable property investment now in the vicinity. Also note there are many units in MB which offer "lifestyle" units with seaviews, etc. The competition is steep and catchment pool is small becos of affordability.

if get 1bedder in clift...not much competition....bcoz only bigger units in MB got bayview....their seaview facing ECP and not really nice...unless MBR studio drop price to 4k...den clift 1bedder fetch 3k....all relative.....rental yield at The Sail/MBR not as good but i tink they r the jewel of SG financial district....so better capital upside

DC33_2008
24-07-10, 11:14
Even at $5-$6psf rental at MBR for studio unit, the nett rental yield may not be so high given the high maintenance fee, NAV (property tax), cost of investment (high $psf), etc. Only thing to look forward is like devilpate said ,"Capital gain". HDB will have higher ROI.

august
24-07-10, 12:35
Clift a good buy?

Jumped from $1500ish in Feb to now asking $1700-1800+ ?

An agent just called me to offer the 2bedder , 750+sqft at $1.4m..

Is the rental norm for CBD at $5psf or smaller units can command higher psf?

dats abt $1866psf, is it loft unit?

blackfire
25-07-10, 22:50
dats abt $1866psf, is it loft unit?

If I'm not wrong, FEO has yet launch the loft units. An FEO agent told me that they are expecting to launch at 3,000psf onwards.

august
25-07-10, 23:01
If I'm not wrong, FEO has yet launch the loft units. An FEO agent told me that they are expecting to launch at 3,000psf onwards.

FEO always vey bullish, said the same for altez very high floors too

devilplate
25-07-10, 23:10
dats abt $1866psf, is it loft unit?

tats normal 2bedder....was told 21th flr 2bedder just sold for 1780psf....prices have been stagnant since May...buying interest starting to come back though:cheers6:

august
26-07-10, 00:31
tats normal 2bedder....was told 21th flr 2bedder just sold for 1780psf....prices have been stagnant since May...buying interest starting to come back though:cheers6:

when is TOP ah??

devilplate
26-07-10, 01:28
when is TOP ah??

FEO say end of yr...but i haven rec TOP letter:beats-me-man:

but this is one of the slowest project! launch in mid 2006...until now haven TOP!

Lovelle
28-07-10, 23:37
FEO say end of yr...but i haven rec TOP letter:beats-me-man:

but this is one of the slowest project! launch in mid 2006...until now haven TOP!

4 years liao...bro how much was it when it launch ha ?

devilplate
29-07-10, 00:38
4 years liao...bro how much was it when it launch ha ?

very 1st phase...1bedder from 1150psf+-....it looks dirt cheap at 1.1kpsf now BUT it was considered EXP at tat time...:D i still rmb their posh showflat...first impression: MUST BE VERY EXPENSIVE:D

monsieur2
01-08-10, 16:42
If I'm not wrong, FEO has yet launch the loft units. An FEO agent told me that they are expecting to launch at 3,000psf onwards.

shoot the agent who gave you the wrong information. those loft units for clift are not for sale.

shauntanzs
01-08-10, 19:45
very 1st phase...1bedder from 1150psf+-....it looks dirt cheap at 1.1kpsf now BUT it was considered EXP at tat time...:D i still rmb their posh showflat...first impression: MUST BE VERY EXPENSIVE:D
How much psf u got ur unit for?

devilplate
03-08-10, 15:51
How much psf u got ur unit for?

PM me instead

blackfire
03-08-10, 16:06
PM me instead

Hey, good to see u here. At least we have something in common. Maybe we or our tenants will be neighbours. So how's your showflat visit?

devilplate
03-08-10, 16:22
Hey, good to see u here. At least we have something in common. Maybe we or our tenants will be neighbours. So how's your showflat visit?

cool...moi dun intend to stay at clift...will sell or rent out upon TOP.:cheers6:

DC33_2008
03-08-10, 22:58
Which storey at the Clift will clear Bangkok Bank Building?

devilplate
03-08-10, 23:02
Which storey at the Clift will clear Bangkok Bank Building?

gd question...i also not sure....perhaps above 30 floor?

best is to avoid the extreme corner stacks nearest to tat...stack 2 will be best:D

DC33_2008
03-08-10, 23:04
Thanks for the info. Carparks is up to which level? Cannot really see clearly from amoy hawker centre.

devilplate
03-08-10, 23:13
Thanks for the info. Carparks is up to which level? Cannot really see clearly from amoy hawker centre.

cant rmb...shd be up to 9th flr...since 10th flr is whr the pool is...and units start from 11th flr

taggy
03-08-10, 23:25
gd question...i also not sure....perhaps above 30 floor?

best is to avoid the extreme corner stacks nearest to tat...stack 2 will be best:D
i guess at least 21 floor to clear bbk bank.... :)
but only top few loft can clear tokio marine tower

http://i822.photobucket.com/albums/zz150/taggyV/SNC00252.jpg

devilplate
03-08-10, 23:28
sian leh..looks like end of yr impossible to get keys:( :banghead:

devilplate
07-12-10, 08:48
FEO targeting end of Jan 2011 TOP

launch in june 06...:sleep:

DC33_2008
07-12-10, 09:03
99 years Land Tenure from 28/04/2004. Residents take over the property with only 93 years left.:doh:

devilplate
07-12-10, 09:07
99 years Land Tenure from 28/04/2004. Residents take over the property with only 93 years left.:doh:

ya...haha....i feel cheated:scared-3: :doh:

Icon lease starts from 99 Yrs From 29/01/2002.....2yrs 3mths diff nia and they TOP in early 20007 i tink:doh:

DC33_2008
07-12-10, 09:22
Are those shop spaces at Clift sold?

kingkong1984
07-12-10, 09:51
http://www.iproperty.com.sg/news/984/Market-Update-How-deferred-payments-cause-problems

ozcraze
07-12-10, 10:01
ya...haha....i feel cheated:scared-3: :doh:

Icon lease starts from 99 Yrs From 29/01/2002.....2yrs 3mths diff nia and they TOP in early 20007 i tink:doh:


Think icon TOP mid to end 2006.... a missed train for me..... :(

devilplate
07-12-10, 11:01
Are those shop spaces at Clift sold?

i dun tink the shops is for sale....FEO is leasing them out....i saw ads by them

blackfire
07-12-10, 13:01
Is the 25m lap pool facing the telok ayer art center ? Can't see the pool being constructed on that side. I also wonder what are the activities at the art center, seems very quiet.

blackfire
07-12-10, 23:47
i dun tink the shops is for sale....FEO is leasing them out....i saw ads by them

Mr Devilplate, do u know whether the 10th floor 25m lap pool is facing the Telok ayer performance centre?

devilplate
08-12-10, 00:05
Mr Devilplate, do u know whether the 10th floor 25m lap pool is facing the Telok ayer performance centre?

yes....anything unusual?

blackfire
08-12-10, 12:12
yes....anything unusual?

Just checking, seems that the pool has not been constructed yet, still some time before TOP.

devilplate
08-12-10, 12:18
Just checking, seems that the pool has not been constructed yet, still some time before TOP.

not too sure...but i tot done up liao

devilplate
09-12-10, 16:34
Last 5pct had been called b4 TOP

AK47
10-12-10, 09:24
Looks like One Shenton and Clift will TOP about the same time. Thats 600-700 units.

Contest for tenant inevitable.

It may take a while to rent out. Be the first to bring to market if you want a good rate.

devilplate
10-12-10, 18:48
Looks like One Shenton and Clift will TOP about the same time. Thats 600-700 units.

Contest for tenant inevitable.

It may take a while to rent out. Be the first to bring to market if you want a good rate.

mabe leave it vacant first....hehe.....luckily low interest rate now:spliff:

DC33_2008
11-12-10, 08:02
Just hope there will be no desperate owners who will spoilt the rental market. First owner will fetch better yield may let out at lower rent while the recent buyer may suffer.

shauntanzs
05-01-11, 21:31
Any serious seller wants to sell their 1 bedder? I am interested to get one.
No agent please. Thanks...

mantrix
05-01-11, 22:16
Any serious seller wants to sell their 1 bedder? I am interested to get one.
No agent please. Thanks...

Can ask devilplate. He may be willing to let go for just 300k profit :D

Blue
14-01-11, 13:04
Looks like One Shenton and Clift will TOP about the same time. Thats 600-700 units.

Contest for tenant inevitable.

It may take a while to rent out. Be the first to bring to market if you want a good rate.

Got so many expatriates want to rent at the same time? Think owners hv to go the extra mile to furnish up fully / renovate their units to compete for rentals. The MM units aka studios are likely to be rented out first cos the rental quantum is smaller, say $3K/mth.

Lovelle
25-01-11, 21:51
Hi The clift owner

Has anyone rented out their mm ? what's the price ?

shauntanzs
26-01-11, 07:14
Hi The clift owner

Has anyone rented out their mm ? what's the price ?

Clift is consider mm? I wun think so..
It's just Compact 1 bedder.
Heard TOP has moved to march, anyone can confirm this?

devilplate
15-02-11, 23:42
21 Mccallum Street #14-06
99 Yrs From 28/04/2004
$2070
506
$1047k
28 Jan 11
21 Mccallum Street #12-03
99 Yrs From 28/04/2004
$2017
527
$1064k
13 Jan 11


14-06 buyer still go ahead to exercise after 14th Jan....:D

finally broke 2kpsf and its LOW flr!:cheers6:

devilplate
15-02-11, 23:43
Clift is consider mm? I wun think so..
It's just Compact 1 bedder.
Heard TOP has moved to march, anyone can confirm this?

cud be april or even may liao....no news from my lawyer yet:doh:

shauntanzs
16-02-11, 21:24
Easily min 4% yield even at these price.
May be better than sail.. Cool




21 Mccallum Street #14-06
99 Yrs From 28/04/2004
$2070
506
$1047k
28 Jan 11
21 Mccallum Street #12-03
99 Yrs From 28/04/2004
$2017
527
$1064k
13 Jan 11


14-06 buyer still go ahead to exercise after 14th Jan....:D

finally broke 2kpsf and its LOW flr!:cheers6:

Allthepies
10-03-11, 11:25
Is Stack 10 a good stack in Cliff?

devilplate
10-03-11, 11:31
Is Stack 10 a good stack in Cliff?

go for lower numbered....like stack 6,4 if possible...stack 8 oredi on the verge oredi....stack 10 might be partial blocked...view wun be so nice:2cents:

fiat500
10-03-11, 12:13
go for lower numbered....like stack 6,4 if possible...stack 8 oredi on the verge oredi....stack 10 might be partial blocked...view wun be so nice:2cents:
what about the odd stacks? which will have the best view?
do u prefer the odd or even stacks?:cheers6:
any idea about the t.o.p? it seems like forever?:spliff:

devilplate
10-03-11, 12:19
what about the odd stacks? which will have the best view?
do u prefer the odd or even stacks?:cheers6:
any idea about the t.o.p? it seems like forever?:spliff:

for me since the prices r no longer cheap now....die die go for even stacks....:D

when prices r 'cheaper', odd/even doesnt matter even if its stack 10 or 12 with view partially blocked...hehe

dun tok about TOP liao la....:simmering:

from end of 2010 become end of Jan 11 den become March/april.....:banghead: :doh:

mcmlxxvi
10-03-11, 13:12
for me since the prices r no longer cheap now....die die go for even stacks....:D

when prices r 'cheaper', odd/even doesnt matter even if its stack 10 or 12 with view partially blocked...hehe

dun tok about TOP liao la....:simmering:

from end of 2010 become end of Jan 11 den become March/april.....:banghead: :doh:

Bro, when TOP remember to share the 'insider' photos...

blackfire
11-03-11, 21:38
Received news from lawyer, TOP issued.

shauntanzs
11-03-11, 22:26
I have been to all stack n the interior is dependent on your selection during purchase. The living room area is really generous as compared to many 500sf new MM. Finishes is surprisingly good. I will post some photo when I am free.

devilplate
11-03-11, 23:45
I have been to all stack n the interior is dependent on your selection during purchase. The living room area is really generous as compared to many 500sf new MM. Finishes is surprisingly good. I will post some photo when I am free.

the living rm shd be almost comparable to Icon....but the bedroom will be smaller....

i tink color of marble flooring varies

fiat500
11-03-11, 23:59
Received news from lawyer, TOP issued.
huh..t.o.p? so sudden!
congrats,many will be caught surprised..:cheers6:

devilplate
12-03-11, 00:07
i actually oredi lost the excitement liao....:doh:

launch in mid 06....4 yrs 7mths of waiting.....:scared-3:

fiat500
12-03-11, 00:34
i actually oredi lost the excitement liao....:doh:

launch in mid 06....4 yrs 7mths of waiting.....:scared-3:
post some pics of your unit n pool area after u have collected your keys..:cheers6:

thomastansb
12-03-11, 15:58
Congrats to all owners. When getting the keys?

blackfire
12-03-11, 16:47
Congrats to all owners. When getting the keys?

BCA just issued the TOP on 8 March and need to wait for developer letter should be within the next few weeks or so

DC33_2008
13-03-11, 15:37
Congrats! At long last. Good things need to wait.
i actually oredi lost the excitement liao....:doh:

launch in mid 06....4 yrs 7mths of waiting.....:scared-3:

shauntanzs
13-03-11, 18:22
Ah.. I really like this project. Tuck at a nice quiet corner in D1.
Itching to get another unit now... :D

jasonlcl
13-03-11, 18:56
Where to check the TOP status? I went to BCA website and cannot find. I am checking the TOP for One Shenton cos this will affect the rental market for Cliff.

blackfire
13-03-11, 19:56
Where to check the TOP status? I went to BCA website and cannot find. I am checking the TOP for One Shenton cos this will affect the rental market for Cliff.
You asking me? I know about it from the developer's lawyer Rodyk. I dont think BCA can tell you when a project will TOP it is subject to the architect request so only one shenton architect can tell you the date

rattydrama
13-03-11, 20:50
i actually oredi lost the excitement liao....:doh:

launch in mid 06....4 yrs 7mths of waiting.....:scared-3:
Is there any rules right now to stop developer from holding the land beyond a reasonable period say 36 months and not TOP it?

sh
13-03-11, 20:56
Is there any rules right now to stop developer from holding the land beyond a reasonable period say 36 months and not TOP it?

For government land sales, there's a date to complete the project.

But in enbloc/redevelopment, no requirement other than legal date of completion, right?:beats-me-man:

rattydrama
13-03-11, 21:02
For government land sales, there's a date to complete the project.




Since day one or only recently? But the legal completion date can be super long like 8 years. I think this is not very fair to the owner because there is a lost of opportunity cost such as rental.

DC33_2008
14-03-11, 08:52
Is it really quiet?
Ah.. I really like this project. Tuck at a nice quiet corner in D1.
Itching to get another unit now... :D

devilplate
14-03-11, 10:50
Is it really quiet?

i wud tink so....any potential noise source?

shauntanzs
14-03-11, 11:42
Yes. I been there at different time of the day. Unless they tear down the school infront n build something, it should be good for now. Btw is it a school or something infront?

fiat500
14-03-11, 12:19
Yes. I been there at different time of the day. Unless they tear down the school infront n build something, it should be good for now. Btw is it a school or something infront?
was told to me by a housing agent thats its an art school..
if they keep it,it will be nice..the building has this nostalgia feel about it.:cheers6:

devilplate
14-03-11, 12:38
was told to me by a housing agent thats its an art school..
if they keep it,it will be nice..the building has this nostalgia feel about it.:cheers6:

cfm art school....but duno whether owned by govt or pte owner....

hey, now nid to pay for using URA master plan??:confused:

AK47
14-03-11, 12:46
You outdated la..

Now there's even Masterplan 2008 app on iphone.

That land belong to the gov and is reserved with no plans for now.

devilplate
14-03-11, 12:48
You outdated la..

Now there's even Masterplan 2008 app on iphone.

That land belong to the gov and is reserved with no plans for now.

ya...long time nvr check master plan....haha:o

aiya...i click the wrong link...:o

btw tks...i dled the app:cheers6:

COOL app....vy easy to USE!!!:cheers6:

bullman
14-03-11, 12:52
Congrats to all the owners of Clift. Getting keys at long last.

I have yet to receive news on TOP for One Shenton. From the looks of it, we are going to lag by at least 2-3 months.

bullman
14-03-11, 12:55
ya...long time nvr check master plan....haha:o

aiya...i click the wrong link...:o

btw tks...i dled the app:cheers6:

This shows that the devil does not play landed. If not, you will need to refer to MP 2008 at least 2-3 times a day, as well as SLA road reserve maps etc.

devilplate
14-03-11, 12:58
This shows that the devil does not play landed. If not, you will need to refer to MP 2008 at least 2-3 times a day, as well as SLA road reserve maps etc.

ya....i am quite honest up to a certain extent yay....hehe....i did mentioned MANY times tat i missed the landed boat yay:D :ashamed1:

DC33_2008
14-03-11, 16:17
There seems to be quite a lot of cars park along the roadside in front of the development as Amoy food centre is just over there. More view will disappear if the art school is sold to make way for another new skyscraper. How far is clift from the building at the rear? It looks rather close.
i wud tink so....any potential noise source?

devilplate
14-03-11, 16:21
There seems to be quite a lot of cars park along the roadside in front of the development as Amoy food centre is just over there. More view will disappear if the art school is sold to make way for another new skyscraper. How far is clift from the building at the rear? It looks rather close.

i believe traffic noise shd be minimal....let me use my iph apps to test out after i collect my keys yay:D

as for arts school...its anyone's guess....so tats y i advise ppl to go for even-numbered stack since now got 4yrs SSd and prices r no longer cheap....and yes, its just next to clift....kissing each other.....by looking at the masterplan....tat piece of state land is very big....potentially redevelop into a huge big big mountain:scared-3:

DC33_2008
14-03-11, 16:28
This is a good investment project.
i believe traffic noise shd be minimal....let me use my iph apps to test out after i collect my keys yay:D

as for arts school...its anyone's guess....so tats y i advise ppl to go for even-numbered stack since now got 4yrs SSd and prices r no longer cheap....and yes, its just next to clift....kissing each other.....by looking at the masterplan....tat piece of state land is very big....potentially redevelop into a huge big big mountain:scared-3:

blackfire
14-03-11, 18:59
Beside the Art centre is a methodist church which is a national monument. Hence, unlikely to build a skyscapper and dwarf the church.

shauntanzs
14-03-11, 19:02
Ya, upside for clift if it's gona be another condo. Downside to the odd stack owners due to noise.

sh
14-03-11, 19:52
Beside the Art centre is a methodist church which is a national monument. Hence, unlikely to build a skyscapper and dwarf the church.

don't bet on it. look at Southbeach, monsters next to conserved buildings. Land is too precious, especially downtown....

Go for the units facing the shophouses, that will be there forever.... or at least 99yrs :D

shauntanzs
14-03-11, 21:28
Night view from even stack

mcmlxxvi
14-03-11, 23:26
Night view from even stack
Beautiful postcard perfect.

devilplate
17-03-11, 16:42
congrats to all owners! TOP letter out! shd be getting our keys within the next 2wks!

1bedder maintenance fee 6mths $12xx....goodie!:cheers6:

fiat500
17-03-11, 19:10
congrats to all owners! TOP letter out! shd be getting our keys within the next 2wks!

1bedder maintenance fee 6mths $12xx....goodie!:cheers6:
that works out to be around $200 plus per month!
its not cheap considering icon is only around $150 per month for the 1 bedder n loft units..:cheers6:

ecimbew
17-03-11, 19:49
So what adds up the cost? Can it be reduced later? How?

shauntanzs
17-03-11, 21:36
I haven't recieve my letter yet!!

AK47
18-03-11, 12:06
Icon got 600+ units to share the cost so is cheaper.

Exception maybe The Sail 1111 units. I think still higher than Icon for 1 bedder.


that works out to be around $200 plus per month!
its not cheap considering icon is only around $150 per month for the 1 bedder n loft units..:cheers6:

fiat500
18-03-11, 14:23
Icon got 600+ units to share the cost so is cheaper.

Exception maybe The Sail 1111 units. I think still higher than Icon for 1 bedder.
but icon also have more facilities than clift..the pool also much bigger.:cheers6:

thomastansb
18-03-11, 14:28
I think Clift more facilities but no tennis court. Sauna also :)



but icon also have more facilities than clift..the pool also much bigger.:cheers6:

devilplate
18-03-11, 14:30
very funny....comparing between 150 vs 196+gst:beats-me-man:

i was expecting it to be 250+-.....happy oredi:spliff:

fiat500
18-03-11, 14:49
I think Clift more facilities but no tennis court. Sauna also :)
didnt know,thought icon has more facilities..:beats-me-man:
if its $196 + gst, it should be ok...:2cents: :2cents: :2cents: :cheers6:

Lovelle
18-03-11, 14:55
very funny....comparing between 150 vs 196+gst:beats-me-man:

i was expecting it to be 250+-.....happy oredi:spliff:

so how was the skysuites viewing ? bot anything ?

i went there but they don't let me in w/o registration.

devilplate
18-03-11, 14:59
so how was the skysuites viewing ? bot anything ?

i went there but they don't let me in w/o registration.

i din go....

now nursing my wounds:mad:

Lovelle
18-03-11, 15:59
i din go....

now nursing my wounds:mad:

what happen ?

devilplate
18-03-11, 16:03
what happen ?

lost blood on tat silly IPO:simmering: :simmering: :simmering:

painfully cut lost liao when opening.....still holding some...cryyyyyy:(

bargain hunter
18-03-11, 16:22
wah why u dun sell all? save $ to fight another day. :)


lost blood on tat silly IPO:simmering: :simmering: :simmering:

painfully cut lost liao when opening.....still holding some...cryyyyyy:(

devilplate
18-03-11, 16:34
wah why u dun sell all? save $ to fight another day. :)

if i noe its gona drop so low from opening px....i surely dump all liao:o

wat to do...become long term investor:banghead: :banghead: :banghead:

august
18-03-11, 16:40
lost blood on tat silly IPO:simmering: :simmering: :simmering:

painfully cut lost liao when opening.....still holding some...cryyyyyy:(

that hutchison IPO? how much the IPO price ah? :confused:

bargain hunter
18-03-11, 16:44
US$1.01. opened 0.975, now 0.95.


that hutchison IPO? how much the IPO price ah? :confused:

Lovelle
18-03-11, 17:07
shld have invested in Skysuites. It should be green green now....

rattydrama
19-03-11, 00:52
if i noe its gona drop so low from opening px....i surely dump all liao:o

wat to do...become long term investor:banghead: :banghead: :banghead:
Ipo these days cmi

fiat500
26-03-11, 00:01
to clift owners:
go to propertyguru website n search for clift postings.
this agent 'chen' posted some nice pics of the interior of a studio unit n also pics of the pool n skygarden..check it out! :cheers6: :cheers6:

devilplate
26-03-11, 00:26
to clift owners:
go to propertyguru website n search for clift postings.
this agent 'chen' posted some nice pics of the interior of a studio unit n also pics of the pool n skygarden..check it out! :cheers6: :cheers6:

tats fast!

how they manage to sneak in....

mcmlxxvi
26-03-11, 01:04
to clift owners:
go to propertyguru website n search for clift postings.
this agent 'chen' posted some nice pics of the interior of a studio unit n also pics of the pool n skygarden..check it out! :cheers6: :cheers6:

What can I say? One word - BEAUTIFUL!

(not the agent - the unit and facilities ... erm ok la agent also quite 'beautiful' la dont say I stingy with compliments)

fiat500
26-03-11, 02:03
What can I say? One word - BEAUTIFUL!

(not the agent - the unit and facilities ... erm ok la agent also quite 'beautiful' la dont say I stingy with compliments)
i find the bedroom a bit weird leh! its surrounded by glass..though it look nice but kinda impractical.u will need to install blinds or something else to cover it up,very ma-fun.
is it standard for every unit to have glass fittings for bedrooms or its an option? any idea anyone?:cheers6:

shauntanzs
26-03-11, 05:01
It's an option. Anyway 1 bedder dun nid privacy mah.

DC33_2008
26-03-11, 08:35
Can replace the glass with special glass just like the LRT at Bukit Panjang. Turns opaque when you need privacy and back to normal when you want the bedroom to look bigger.
It's an option. Anyway 1 bedder dun nid privacy mah.

thomastansb
26-03-11, 19:31
This project is solid. Finishing is top class I must say. From some of the pictures, it looks really like some high end condo. I am surprised there is a sky garden kitchen as part of the facilities. This is usually limited to those high end condos in Orchard/Tanglin. Congrats to all owners here. One of the best project I have ever seen. Must pay this condo a visit soon.

fiat500
26-03-11, 19:41
tats fast!

how they manage to sneak in....
quite a number collected keys last week already..
u can see there are many units out for rental now,of coz we know that there are also many agents advertising for the same unit..:cheers6: :cheers6:

devilplate
26-03-11, 19:43
I believe there r total of 3 sky kitchens n the full glass sauna with superb view is worth mentioning....

Cheers

Lovelle
26-03-11, 19:47
beautiful layout but dislike the rubbish chute is in the unit....

overall, i like leh

fiat500
26-03-11, 20:34
beautiful layout but dislike the rubbish chute is in the unit....

overall, i like leh
ya,its nice overall. FEO has improved tremendously,now i find their projects are very well design with minimal wastage space. even the fittings provided are good also.
for me personally,i prefer to have the rubbish in the unit cos its so much more convenient. there wont be insect problem unless u are on a ground floor unit.:cheers6: :cheers6:

devilplate
26-03-11, 20:34
beautiful layout but dislike the rubbish chute is in the unit....

overall, i like leh
Ya the chute so obvious.... Common chute better

fiat500
26-03-11, 20:42
Ya the chute so obvious.... Common chute better
ya,it can be an eyesore..i just realised it after looking at the pics again.
actually for icon,they did a good job by concealing the rubbish chute behind a wooden panel. duno why they didnt follow the good example for clift.:doh:

Lovelle
26-03-11, 20:50
depend on the design of the tunnel, cleaning process and the throwing patterns of people above you. even you are located high there will be these problems :
- smell may come out frm the chute (yikees)
- scraps of rubbish may land on ur chute

how to air the studio when there is no balcony ??

maisonjai
26-03-11, 23:44
swee!! layout very efficient. This buyer gooder.

"Bought for $1.65m by the seller, the 19th floor unit is auctioned for $1.047m. "

devilplate
28-03-11, 11:25
i am impressed by FEO's service level....

a pretty lady who is polite and patient deliver the keys and walk thru the entire project:D

PUB services oredi turned on for purchasers and we r given 7 days complimentary

essential oil scent was provided...packet drinks was found in the fridge....basic sanitary was provided and bathroom light is installed too

the whole unit was quite clean.....so far defect list got nothing yet.....

but i dun really like the door key lock system provided by simon voss(no auto lock feature)....however, it does look more sleek and clean cut though....i prefer those gateman door lockset better

Cons: wardrobe in bombshelter for 1bedder and the rubbish chute is so exposed:( (the layout very similar to Vida)

they r still doing minor touch ups on the common areas.....the pool area is nice and the sauna is first of its kind:D but gym abit too small and packed with too many equipments....hope they can do smthing about it....oh ya, the clubhse is fantastic.....

the common areas and facilities provided quite on par with those luxury condos but this project can nvr be luxury due to smallish 1,2bedders concept

overall, i am a happy owner:D :cheers6:

*as for pics, agts oredi posted on pptyguru...so i save the trouble to replicate yay...hehe

AK47
28-03-11, 11:55
Conglats on your great purchase :spliff:

thomastansb
28-03-11, 13:07
Post some pictures of the unit? I see a lot of facilities photos but no unit photos.






i am impressed by FEO's service level....

a pretty lady who is polite and patient deliver the keys and walk thru the entire project:D

PUB services oredi turned on for purchasers and we r given 7 days complimentary

essential oil scent was provided...packet drinks was found in the fridge....basic sanitary was provided and bathroom light is installed too

the whole unit was quite clean.....so far defect list got nothing yet.....

but i dun really like the door key lock system provided by simon voss(no auto lock feature)....however, it does look more sleek and clean cut though....i prefer those gateman door lockset better

Cons: wardrobe in bombshelter for 1bedder and the rubbish chute is so exposed:( (the layout very similar to Vida)

they r still doing minor touch ups on the common areas.....the pool area is nice and the sauna is first of its kind:D but gym abit too small and packed with too many equipments....hope they can do smthing about it....oh ya, the clubhse is fantastic.....

the common areas and facilities provided quite on par with those luxury condos but this project can nvr be luxury due to smallish 1,2bedders concept

overall, i am a happy owner:D :cheers6:

*as for pics, agts oredi posted on pptyguru...so i save the trouble to replicate yay...hehe

devilplate
28-03-11, 13:09
Post some pictures of the unit? I see a lot of facilities photos but no unit photos.

got a few agts posted leh....:confused:

http://www.propertyguru.com.sg/listing/3524332/for-rent-the-clift

http://www.propertyguru.com.sg/listing/3525564/for-rent-the-clift

mcmlxxvi
28-03-11, 13:36
i am impressed by FEO's service level....
...
overall, i am a happy owner:D :cheers6:

*as for pics, agts oredi posted on pptyguru...so i save the trouble to replicate yay...hehe

Shocked about the essential oils and packet drinks! Btw what brand the essential oils... Ambipur or Crabtree / Lampe Berger... And packet drinks is what Pokka or Yeo's... Kekeke

Lazybro Devil for not taking pics.... But big big congrats anyway! :D

august
28-03-11, 13:38
was told there is no space for washer/dryer... can the owners confirm?

thomastansb
28-03-11, 13:39
Thanks a lot ! Agent advertise as 495 sq ft. Really???? Seriously don't look like it. Look like a normal 600 sf studio. Even bigger than Icon 570 sf IMO. So wondering if agent post it wrongly OR the layout is so efficient?





got a few agts posted leh....:confused:

http://www.propertyguru.com.sg/listing/3524332/for-rent-the-clift

http://www.propertyguru.com.sg/listing/3525564/for-rent-the-clift

devilplate
28-03-11, 13:42
Shocked about the essential oils and packet drinks! Btw what brand the essential oils... Ambipur or Crabtree / Lampe Berger... And packet drinks is what Pokka or Yeo's... Kekeke

Lazybro Devil for not taking pics.... But big big congrats anyway! :D

duno the brand wor, but the essential oil looks pretty good and smell gd(looks similar to the one i bot b4 at vivocity....cost 20+ to 30+ lor)....initially i tot its coming from the pretty lady's perfume:ashamed1: ....

and u really wana noe the drink brand? less sweet green tea and chrysanthemum from Yeo and evian mineral water....haha

devilplate
28-03-11, 13:46
Thanks a lot ! Agent advertise as 495 sq ft. Really???? Seriously don't look like it. Look like a normal 600 sf studio. Even bigger than Icon 570 sf IMO. So wondering if agent post it wrongly OR the layout is so efficient?

its the right picture.....looks bigger due to mirror feature wall and full glass panel bedroom ....the living/dining room measures about 3.6m by 3m.....bedroom looks decent sized too as the wardrobe located in the homeshelter

however, i must say icon still feel bigger lor....as icon kitchen is tucked away

devilplate
28-03-11, 13:49
was told there is no space for washer/dryer... can the owners confirm?

i can cfm...there is a washer cum dryer washing m/c provided(bosch) hidden underneath the kitchen top just beside the fridge:cheers6:

mcmlxxvi
28-03-11, 13:53
duno the brand wor, but the essential oil looks pretty good and smell gd(looks similar to the one i bot b4 at vivocity....cost 20+ to 30+ lor)....initially i tot its coming from the pretty lady's perfume:ashamed1: ....

and u really wana noe the drink brand? less sweet green tea and chrysanthemum from Yeo and evian mineral water....haha

Ah u c... Yeo is less atas brand vs Pokka... Minus points kakaka. :P But wont be surprised if the boss affiliated with Yeo Hiap Seng folks thus the choice of brand... All ching cheong family background one ma keke.

mcmlxxvi
28-03-11, 13:58
Ah u c... Yeo is less atas brand vs Pokka... Minus points kakaka. :P But wont be surprised if the boss affiliated with Yeo Hiap Seng folks thus the choice of brand... All ching cheong family background one ma keke.

My suspicion was RiGHT ON!

OBITUARY: NG TENG FONG
Property was always on his mind

The late Ng Teng Fong, billed as Singapore's richest man by Forbes Asia magazine last September, rose from humble beginnings.

He was just six years old when his family migrated to Singapore from Putian, a village in China's Fujian province. His father set up a soya sauce factory and had a grocery shop in the Jalan Besar area stocking dried goods, preserved and specialty foods from their village.

Mr Ng was inducted at a young age to help out in the family business and did not acquire much formal education in Singapore, according to a short biography of the property tycoon released yesterday by his Singapore-based Far East Organization.

As the eldest of 11 children in the family, expectations were high that Mr Ng should carry on the family business. But he disappointed his father when he decided to strike out on his own in the 1950s, when he was in his 20s.

Mr Ng's first property project back in 1962 was a 72-unit terrace housing development at Jalan Pachelli in the Serangoon Gardens area. In 1969, he developed Watten Estate in the Bukit Timah area. In the 1970s, Mr Ng developed Far East Shopping Centre and Lucky Plaza along Orchard Road, followed by Far East Plaza on Scotts Road in the early 1980s. Since then, the group has developed Orchard Parksuites serviced residences and Orchard Central.

Mr Ng's Far East Organization group is the biggest private property developer in Singapore today. It comprises over 180 private companies and two listed entities - Orchard Parade Holdings and Yeo Hiap Seng.

In the 1970s, Mr Ng entered the Hong Kong property market. Today, the business there is under the Sino Group, which includes public-listed Tsim Sha Tsui Properties, Sino Land and Sino Hotels. Mr Ng was the only Singaporean businessman invited to the historic signing of the Sino-British Joint Declaration by Margaret Thatcher and Zhao Ziyang in December 1984.

Mr Ng's property empire today comprises not only property trading (such as developing apartments for sale) but a sizeable property investment business (comprising completed properties held for recurring rental income).

For instance, Far East is the largest owner-operator of serviced residences and corporate housing in Singapore with 2,400 apartments in its inventory. Far East and Sino have a dozen hotels here and in Hong Kong with over 4,700 rooms. The flagship is The Fullerton Hotel Singapore.

Those who knew Mr Ng recall his industrious streak. 'He was a man who worked extremely hard - day and night,' says Hong Leong Group executive chairman Kwek Leng Beng.

Back in the 1980s when the two men were active in the Real Estate Developers Association of Singapore (Redas), 'we used to study the property market together at his office . . . more often than not, we would find that we were still deep in discussion long after the official Redas meetings were over and everyone else had left', Mr Kwek said.

CB Richard Ellis chairman (Asia) Willy Shee said: 'Mr Ng didn't speak much English but was very sharp and his mind was on property all the time. Even at functions, he did not engage much in social talk but always wanted to know more about the property market and trends. There was never an idle moment for him.'

Another veteran property consultant, Knight Frank chairman Tan Tiong Cheng, reminisces about his first meeting with Mr Ng around 1981. 'He was carrying a worn-out black book in which he was copying notes, doing his calculations,' Mr Tan said.

'He was always focused on property. Even when he bought into Yeo Hiap Seng, he had in mind the land bank it offered rather than just the food and beverage business,' he added.** - 2010 February 3** BUSINESS TIMES*

fiat500
28-03-11, 18:59
its the right picture.....looks bigger due to mirror feature wall and full glass panel bedroom ....the living/dining room measures about 3.6m by 3m.....bedroom looks decent sized too as the wardrobe located in the homeshelter

however, i must say icon still feel bigger lor....as icon kitchen is tucked away
if space permits,build a big wardrobe from floor to ceiling in the bedroom n use the bomb shelter for other stowage purposes..this will be more ideal!:cheers6: :cheers6:

devilplate
02-04-11, 18:32
Some nite shots....Enjoy:D:cheers6:

mcmlxxvi
02-04-11, 18:47
Some nite shots....Enjoy:D:cheers6:

Wowwwww ... If do funny thing in sauna whole city can see? Keke

devilplate
02-04-11, 18:52
Wowwwww ... If do funny thing in sauna whole city can see? Keke

can always off the lights....haha

DC33_2008
02-04-11, 19:27
Nice view. :)
Some nite shots....Enjoy:D:cheers6:

Lovelle
03-04-11, 19:16
wah got watermark like those agent pic....are u gonna put handphone no. next ?

anyway, another good news ..

CITYLIGHTS JELLICOE ROADCondominium11,017,000678Strata1,500Mar-11

devilplate
03-04-11, 19:26
wah got watermark like those agent pic....are u gonna put handphone no. next ?

anyway, another good news ..

CITYLIGHTS JELLICOE ROADCondominium11,017,000678Strata1,500Mar-11
Dunwan agts to steal my pics....copyright :p

Southbank n citylights quantum so close to clift....:cool:

shauntanzs
04-04-11, 18:53
11-10 just sold for 2045psf and I had an offer at 2200psf.
I heard the MA told me lots of icon tenant moving over to clift due to the altez construction. An agent called me Today and offer me 4000/pm for an expat.
I must say the quality is very good. Except for no tennis court, the MA told me the facilities are better den icon. I wonder if it's true.

AK47
04-04-11, 20:43
Huat Ah!!!!!:D

devilplate
04-04-11, 20:56
11-10 just sold for 2045psf and I had an offer at 2200psf.
I heard the MA told me lots of icon tenant moving over to clift due to the altez construction. An agent called me Today and offer me 4000/pm for an expat.
I must say the quality is very good. Except for no tennis court, the MA told me the facilities are better den icon. I wonder if it's true.
So u accepted the 4k offer?

scsc
04-04-11, 21:00
Some nite shots....Enjoy:D:cheers6:

:eek: yummy.... looks tasty... congrats!

shauntanzs
04-04-11, 21:32
Haha I Duno what to do with my unit yet.
I pass to u if u want.

Devil, u not renovating your unit? I just saw a ceiling light dats all?

devilplate
04-04-11, 22:08
Haha I Duno what to do with my unit yet.
I pass to u if u want.

Devil, u not renovating your unit? I just saw a ceiling light dats all?

urs high flr wor....ur tenant may not want my low low flrs....:ashamed1: :D

seems like that 2045psf everybody is toking about it....i was told it was sold on sat....next cheapest unit to go shd be 11-05....hehe

i aso duno yet....half hearted to rent out....actually 4k gives decent yield based on current px but may not be able to support higher prices later on...mabe rent out 1yr lease will be ideal...:D

i dun tink u wana flip so fast rite...u shd consider accepting 4k though b4 more units coming online:2cents:

fiat500
04-04-11, 22:41
urs high flr wor....ur tenant may not want my low low flrs....:ashamed1: :D

seems like that 2045psf everybody is toking about it....i was told it was sold on sat....next cheapest unit to go shd be 11-05....hehe

i aso duno yet....half hearted to rent out....actually 4k gives decent yield based on current px but may not be able to support higher prices later on...mabe rent out 1yr lease will be ideal...:D

i dun tink u wana flip so fast rite...u shd consider accepting 4k though b4 more units coming online:2cents:
if u have a tenant @4k now,grab it 1st..nxt few weeks will have very strong competition from neighbouring satu shenton..many tenants will be swayed over by the beautiful structure n beautiful lobby!:cheers6: :cheers6:

Lovelle
04-04-11, 22:43
compARE 1 shenton vs clift....which one better hah ?

DaytonaSS
04-04-11, 22:47
compARE 1 shenton vs clift....which one better hah ?

HAHAH good one, u do know u on CLift thread right.

Lovelle
04-04-11, 22:48
haha,,,will sure invite some 1 shenton ppl in here for a good WWE....

Squall8888
04-04-11, 22:54
Location wise, I think no doubt is 1 shenton. I mean, Marina bay, you can't really compare. But if I were to rent at the same price, I would get Clift. Quieter + yummy food. LPS food sucks. Also, 1 shenton cannot rent too low right? They bought quite high. Anything below 4k, they will be sweating. Anyway, both in the same location so I assume rental would be similar.






compARE 1 shenton vs clift....which one better hah ?

devilplate
04-04-11, 22:58
compARE 1 shenton vs clift....which one better hah ?

by theory, 1shenton definitely better location den clift as its nearer to sands whr the hot action is....however, the 1bedder layout not so efficient.....their smallest 538sqft 1bedder looks smaller den clift 495sqft on paper....1shenton got huge 1bedder units(asking px ard 17x-1.8xmil).....i tink rental yield can be as low as 3%....lets see the actual product upon TOP....window shop shop:D

Squall8888
04-04-11, 23:12
Wait till Robinson suites TOP. That is a killer for rental.





by theory, 1shenton definitely better location den clift as its nearer to sands whr the hot action is....however, the 1bedder layout not so efficient.....their smallest 538sqft 1bedder looks smaller den clift 495sqft on paper....1shenton got huge 1bedder units(asking px ard 17x-1.8xmil).....i tink rental yield can be as low as 3%....lets see the actual product upon TOP....window shop shop:D

shauntanzs
05-04-11, 19:49
I have an option between OS n Clift n I chose Clift. Simply Becos it's more livable. Quieter, better view, better facilities IMHO.

Just came back from another round of viewing, the facilities are really good, massage palour, afresco dinning, glass sauna, club house etc of cos can't compare to large mass market condo but heard it's at least better den icon n sail (less tennis court).

No offends to OS owners, in fact I really like the classy gold facade. Looks damn cool.
I was torn between these two for a long long time.

Cheers

devilplate
05-04-11, 22:58
heard few 1bedders rented at 4k...work out to be 7.6-8psf

2bedder cud possibly hit 6.5-7psf...

so average cud hit 7-7.5psf! overtake Vida/Icon!:spliff:

shauntanzs
06-04-11, 07:54
One of the unit goes for 4.2k..

devilplate
06-04-11, 08:53
One of the unit goes for 4.2k..

din noe tat....hmm....4.2k p/f?