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Thread: Austville Residences (EC 540-units)

  1. #31

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    Exactly, buangkok maybe still can but seng kang.

    For the 4 bedders, there is 1 balcony but the junior suite has no bathroom. There are no planters.

    Quote Originally Posted by fooblackie
    Of course walkable! maybe 20min? haha... it is more than 1.5km from seng kang MRT. Superb sales talk. The nearest mrt is actually Buangkok. I walked to Park Green in 12 -15 min. Add another 2-3 min for Austville.

    4 Bedder - 1200 sqf? sounds like quite cramp leh. My park green unit of 1200 sqf is so compressed in all aspects - living, dining and all bedrooms. Maybe it's cos Austville has no balcony and planters?


  2. #32

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    Quote Originally Posted by 2824
    Exactly, buangkok maybe still can but seng kang.

    For the 4 bedders, there is 1 balcony but the junior suite has no bathroom. There are no planters.
    To be more realistic, there are not many 4 bedders at about the 1200 sqf size. More realistic is the 3+1.

    So, dun expect such units to be spacious. In my mind, a 4 bedder should be at 1400 sqf to be "right-sized". If not, it may be a 4 bedder which compromises every other aspect - small hall, rooms, kitchen etc...

    In reality, not many families need 4 bedrooms so selling perspective may be reduced. So, dun be overly eager to get $ worth by getting a under-sized 4 bedders...


  3. #33

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    Maybe the recent flood disaster in Australia affect this Austville in a negative way as well.


  4. #34

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    went down yesterday. Almost no one.
    Launch for 2nd timers this sunday.
    A low floor unit is asking 660psf.
    Not impressed with this.
    For upgraders, unless they fully pay up their current loan, it is difficult for them cash flow wise, 20% up front, plus 20% progressive payments.
    Unless they sell up the current unit and rent a place, you need cash rich buyers.
    And the irony? Only pple not earning above 10K eligible.
    How does that works???


  5. #35

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    They can opt for deferred payment scheme.


  6. #36

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    For upgraders, unless they fully pay up their current loan, it is difficult for them cash flow wise, 20% up front, plus 20% progressive payments.
    Unless they sell up the current unit and rent a place, you need cash rich buyers.
    And the irony? Only pple not earning above 10K eligible.
    How does that works??? [/quote]

    Thought its a EC? For EC its only 10% cash & the 10% cpf right? The rest can defer payment or progressive..


  7. #37

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    Quote Originally Posted by mightyleftfoot
    went down yesterday. Almost no one.
    Launch for 2nd timers this sunday.
    A low floor unit is asking 660psf.
    Not impressed with this.
    For upgraders, unless they fully pay up their current loan, it is difficult for them cash flow wise, 20% up front, plus 20% progressive payments.
    Unless they sell up the current unit and rent a place, you need cash rich buyers.
    And the irony? Only pple not earning above 10K eligible.
    How does that works???
    The government & developers seem to have over-estimated the demand for ECs. Those earning close to $10k can easily afford a $1mil private condo elsewhere with much better location (e.g. Lakefront). With more private condos launching this year, many units in ECs at ulu places are likely to remain unsold. The developers may have no choice but to give discounts or vouchers later.


  8. #38
    Go for Smallest Unit kingkong1984's Avatar
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    Developers would hold prices till Top as far as they can help it.
    Expect pre Top special offers nearer to TOP


  9. #39

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    Quote Originally Posted by mightyleftfoot
    went down yesterday. Almost no one.
    Launch for 2nd timers this sunday.
    A low floor unit is asking 660psf.
    Not impressed with this.
    For upgraders, unless they fully pay up their current loan, it is difficult for them cash flow wise, 20% up front, plus 20% progressive payments.
    Unless they sell up the current unit and rent a place, you need cash rich buyers.
    And the irony? Only pple not earning above 10K eligible.
    How does that works???
    not surprised by the lukewarm response. 2 main factors - the pricing is only slightly cheaper than those in better locations (esparina). Furthermore, if you like to stay in this location, there are choices of 2 other condo beside it. These are not very old projects too.

    Those interested in this project should wait since much of the units are still available.

    The developers may need to crack their brains to get the sales moving as the progressive payments will ease their cashflow for construction and minimise their leverage costs.


  10. #40

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    ulu with no mrt, not near 1km of primary school + 5 year MOP if put that into full picture better to consider private resale condo.

    near LRT is still not good enough? Tennery above LRT? Oops!


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