Yes agreed!
Originally Posted by noblebaby
AQBP is nice. better than waves
Newbie
Yes agreed!
AQBP is nice. better than waves
McInvestor
Wahaha funniest claim i heard this year.
McInvestor
Bro u hv both lei so you will stay aqbp and rent out ww?
Like i said both condos are good just that i prefer no balcony and higher ceilings.
But the aqbp penthouses are marvellous.
Yes agreed!
McInvestor
My fren stay aqbp 3br sold her hdb bot clearwater 2br for investment becoz she say nearer to future mrt.
McInvestor
anyway, an offhand gauge is property guru listings.
baywater calling 900+psf, clearwater 800+psf, aqbp 700+psf.
so asking price is inversely proportional to distance to mrt?
Junior
wow hdb so hot already? then i better also cash out and buy one more hehehe
but mine 5rm flat just next st hilda, and the coming town council hub leh. walking distance to new mrt as well. so wasted if i cash out right?
Junior
is proportional, not inverse... the further the lowest
anyway, an offhand gauge is property guru listings.
baywater calling 900+psf, clearwater 800+psf, aqbp 700+psf.
so asking price is inversely proportional to distance to mrt?
Music of the night
Are u sure this is not because of the number of years left for 99LH rather than distance to MRT
McInvestor
1 or 2 years diff cannot justify the diff in psf
Are u sure this is not because of the number of years left for 99LH rather than distance to MRT
Music of the night
99 Yrs From 19/03/2001 (Baywater)
99 Yrs From 18/07/1997 (Clearwater)
99 Yrs From 12/06/1996 (AQBP)
Baywater lease much newer
McInvestor
i'm refering to cw and aqbp price diff la.
when i was buying clearwater, aqbp was abt same psf.
after mrt announced the calling price diverged.
if you put baywater furthest away from the mrt it will not command this price premium despite being newer. even at same age baywater will command higher psf due to proximity to the mrt.
you don't seem v familiar w reservoir projects so dun make claims w such surety based on bits of info.
McInvestor
latest transaction is 1.1mio for 1389sqft unit, 792psf.
at this rate of increase, likely to overshoot 1k psf when mrt is up!
Exalted
waterfront waves shd hit 1kpsf soon?latest transaction is 1.1mio for 1389sqft unit, 792psf.
at this rate of increase, likely to overshoot 1k psf when mrt is up!
Senior
2002 completed project hitting 800psf. The buyer must be desperate for a house close to parents.
McInvestor
close to red swastika, or uwc, or reservoir, or upcoming mrt, or parents, or girlfren/boyfriend, take your pick.
small units hitting 800psf is easy, big units hitting 800psf psf so soon is remarkable!
McInvestor
latest transaction $844psf!
845,000 1,001 Strata 844 Mar-11
Newbie
Units with good reservoir view will always command premium..latest transaction $844psf!
845,000 1,001 Strata 844 Mar-11
Have to consider if unit sold are with good view or not.. without view can't sell high..
McInvestor
i dun think this unit has reservoir view
McInvestor
latest transaction 891psf for 3br!
THE CLEARWATER BEDOK RESERVOIR VIEW Condominium 1 1,160,888 1,302 Strata 891 Jul-11
mutant powerpuff
Looks like Bedok Reservoir is hot property now!latest transaction 891psf for 3br!
THE CLEARWATER BEDOK RESERVOIR VIEW Condominium 1 1,160,888 1,302 Strata 891 Jul-11
I still remember the days when it was sleepy quiet estate.
McInvestor
ya, i heard from agent latest transactions broke 900psf liao.
looks like ppl are buying in anticipation of the reservoir mrt.
mutant powerpuff
Aiyo, plan so far ahead?ya, i heard from agent latest transactions broke 900psf liao.
looks like ppl are buying in anticipation of the reservoir mrt.
I don't think so.
Maybe it is because of FT?
There are 2 international schools nearby, NPS in chai chee and UWC in tampines. Also Red Swastika School is nearby. Do you think that could be the reason?
McInvestor
yes the international schools and red swastika are key factors, and there are also buyers who buy into the future mrt to buffer against price drops.
my fren just sold her aqbp and bot a bigger cw, becoz she says nearer to mrt
mutant powerpuff
Ya quite siao!yes the international schools and red swastika are key factors, and there are also buyers who buy into the future mrt to buffer against price drops.
my fren just sold her aqbp and bot a bigger cw, becoz she says nearer to mrt
Aquarius only a few metres more. May be she sold to get the cash and then borrow from bank again?
McInvestor
not really lei, coz she had to pay 40% down as she has another 2br in clearwater.
McInvestor
clearwater 1br sold $1035psf!
THE CLEARWATER BEDOK RESERVOIR VIEW Condominium 1 735,000 710 Strata 1,035 Jul-11
mutant powerpuff
Unbelievable!
This transaction would have most probably taken place in May 2011 for caveat to be lodged in July.
My guess that Bedok Reservoir property will soar even more when the MRT is ready. But that's a long way........
So if you have just purchased a property there, and you have a child studying in the popular schools nearby, assuming the child is in P1 now, by the time the child completes primary school education, it will be a good time to sell.
McInvestor
ya i saw it advertised early june, tot it will transact at 950psf max.
Unbelievable!
This transaction would have most probably taken place in May 2011 for caveat to be lodged in July.
My guess that Bedok Reservoir property will soar even more when the MRT is ready. But that's a long way........
So if you have just purchased a property there, and you have a child studying in the popular schools nearby, assuming the child is in P1 now, by the time the child completes primary school education, it will be a good time to sell.
Newbie
Maybe it was a desperate parent trying to get the kid into Red Swastika?
McInvestor
1st resale condo around reservoir to break 1k psf..
Should 've hoot more clearwater studios last year
Maybe it was a desperate parent trying to get the kid into Red Swastika?
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