chueec and flagship74, after your most recent post, I felt very excited but it also made me think even deeper. Though we are the only building on this stretch of Petir, aside from the two bus stops, all of us have our title deeds with the Petir Rd address.
That said, I haven't given up.
This is my story. I have lived in the area twice and with Singapore population increasing, I believe of all the suburban areas, Bt Panjang area had the most natural greenery short of going all the way to Woodlands and Sembawang. Bt Panjang is not too far from the Buona Vista area as well as the future Jurong Gateway.
Originally, I went to Rail Mall to sign up for Eco Santuary VVIP preview. At that time, the central banks of US and Europe was (and still is) outperforming Double A photocopy paper.
Fearing stagflation, I chose brick and mortar over cash. I liked Eco Santuary for the Chestnut Ave address after missing the then 900K++ for a 3 bedder Tree House. At the same time, I feared Elections 2016. (True enough, the government started to curbed property investments the next week after i registered interest with Eco Santuary and since then there had been a further round of curbing.)
Printing money is risky business. If there is no real economy stimulated to back it up, it will lead to hyperinflation and further recession i.e. depression at the same time. Today, we are aware that low interest rates has enabled small and medium enterprises in the Americas to borrow money for new technology to extract shale oil and gas. When the big boys followed, the US, Canada and now Argentina found luck with shale oil. Shale oil is different from the oil sands in Canada. It is crude oil but its not streaming underground. Rather, it can be micro-seeping 10 miles down. North Dakota, a sleepy farming state is suddenly an oil state.
So, back to my point, at the point of purchasing Foresque (for prounounciation, please see below), my gut feel was that up to 2016, home sales would be increasly difficult but the rental market would lag by about 2 to 3 years because while the voters became happy after having gotten the title deeds to their flats or ECs, they still had to wait for the construction. With that, I chose the project that would TOP earlier, much earlier. In case the world economy still did not sparkle, I would have made some rental income on a 2 year lease at the very least. At the Foresque showroom, I liked the stilted concept of the towers plus someone could have backed out from a choice unit and so I took it while several potential buyers were considering it too
Pronounciation of "Foresque"
Mediterannean Europe and France may pronounce it as "Forest-ker" or "Forest-kay" but the Americans will just pronoune it as "For Resk" which sounds like "For Rest".
As for Petir Road, the Brits pronounce it sounding like "Peter Road" while the Aussies and Americans prounce it as "Patter Road".
Reply With Quote
Originally Posted by Bought In
It sounds so cliche. It should for example be just:
