Forget to include this group of cash tight investors/speculators. You think they are any less savvy? They are gamblers and not real investors.
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Do you prefer to collect $2500 rental for 30 years for a 99 year LH while you service loan, or $2000 for the same 30 years for a FH property? Adjusted to be same price, same mortgage.
This new old, FH LH, inference on whether people are savvy is just being judgemental. As long as they meet their objectives, who are we to judge?
Agree bro. Only the vested can be called investors (if they hold long) or specuvestors (if they hold short).
The non-vested at best can only be regarded as potential investors. While they should be patient to wait for the right product at the right price, waiting too long causes all opportunities (new, old, FH, LH) to be lost. They need to adjust their expectations of the market and themselves if need be.
heard 260 out of 429 units sold = 60% sold.
Park Place Residences Showflat will be closed until further notice by developer.
hi, senior, my agent told me for 2 bedder with 1 washroom, price is about 1.16m for that on floor 12. is it worth to buy it? thanks.
Hahaha....👍🏻
Bull trap :)
That would be more than $1.7K psf. Wow. Impressive.
What would be the rental you expect or is this for own stay?
For 2 bedroom standard with just 1 bathroom, rental should be around 2500-2800.
https://www.theedgeproperty.com.sg/c...irst-day-sales
The psf reported was over 2000 psf. Now JG looks cheap!
"The showsuites will be closed after just one day of sales, according to Lendlease in a statement on March 26. Details of the phase 2 sales launch will be released later this year. Prices of the remaining units are forecast to increase as future announcements are made about the upcoming Grade-A offices, shopping mall, the plaza and parkland, as well as the greater Paya Lebar Central area."
ho seh liao lor. now can hang up and sell already. marketing strategy which agents can now use to "scare" buyers for the upcoming Seaside and ARTA next month.
Tend to hate those labelling, does not always fit well with reality. Know one guy who bought new mt sophia condo just because its on district 9. For me its location and tenant market is even less than bugis.
But since it is so confusing, the most important issue is whether the classification is still relevant.
What is the real functional significance of the classification?
Distance from city centre makes a bit of sense, or distance from centre of SG, but what is the reason that even in a district must split so finely?
Yah I think Pasir Panjang is RCR but cross over Clementi road becomes OCR.
Is there any difference in amenity or infrastructure planning, schools, density or other considerations for the different regions?
My friend bought a 1 bedder unit at PPR for investment at $1750 psf. Do you think is a good buy?