Leedon Residence launch at 2300?

[teddybear]

Govt created CCR, RCR, OCR demarcation for planning purposes. Govt will make these disappear?

What you think, wish, dream is not reality. They don't need to do that, & don't think people pay more just because of that classification. What has that to do with whether you are old or young?

CCR,RCR,OCR is just like London zone 1,2,3,4 and then will be further divided into postal codes. Based on your wish, govt should also eliminate postal codes because postal codes is finer segregation of each area in CCR,RCR,OCR & you don't wish to see that.

Supply & demand are not useful to you just because you made a lot of money from OCR properties? I think you are just too young to know the importance of that. There was a time when many youngsters made a lot of money from bull stock market & many think they are the new generation of "stock gods". Obviously, after a few cycles later, many had turned into "stock beggars". This is a bit advise for the youngsters out there.

So basically what you are saying & thinking & proposing are for your vested interest? Nevermind, but better talk sensibly, better than those that spread rumors, lies just to serve their own agenda.

Most people here are vested in some ways or another, so no surprise if views are vested as well.

Personally, I invest in OCR properties simply because the lines of demarcation between CCR, RCR and OCR are drawn by the government - they are not physical barriers (unlike JB and Woodlands separated by the sea) - and these lines have no meaning to the younger generation like myself.

We want the property to be well located near amenities and have good access to transport - and the government is doing its job by setting up suburban hubs to that purpose. The allure of 'CCR' is lost on me - which means if I buy a CCR property at high psf I will have trouble selling it to someone of my age group - unless I can find someone older who finds that tag exclusive.

So the talk about supply and demand...is not really meangingful to me. I am sitting on paper gains for all my properties but had I bought CCRs, not only would they be too compact, the rental yield would have sucked too much.

I think the government may do away with all the CCR, RCR and OCR naming in future - or likely to rezone them.

[CCR]

Agree with you that all are vested in some ways... That's why we join this forum to discuss and debate.... The smart ones will changetheir minds if others make sense, while others choose to stick to their own views...

CCR is never meant for young singaporeans... Even older singaporeans have problems affording them... CCR catchment, targe buyers will NEVER be up graders, young singaporeans, heartlanders.

The targe market is the globally mobile old and new rich... Thats why I mean when I said the supply isnlimited while the demand is growing....

I have to agree that the government is doing a good job, in OCR by providing amenities... And its definitely convenient to have a compass point in senkang, but if we are really honest about it, can compass point or even tam pines central with four malls ever beat orchard and marina area in terms of prestige, variety, accessibibilty to other towns, the buzz, diversity... To me there is no comparison at all....

I am sure there are people who will clai orchard is touristy, etc etc.... Ut honestly if youncross your heart and tell the truth, who wouldn't want to have all the factors I have just mentioned...

Most people here are vested in some ways or another, so no surprise if views are vested as well.

Personally, I invest in OCR properties simply because the lines of demarcation between CCR, RCR and OCR are drawn by the government - they are not physical barriers (unlike JB and Woodlands separated by the sea) - and these lines have no meaning to the younger generation like myself.

We want the property to be well located near amenities and have good access to transport - and the government is doing its job by setting up suburban hubs to that purpose. The allure of 'CCR' is lost on me - which means if I buy a CCR property at high psf I will have trouble selling it to someone of my age group - unless I can find someone older who finds that tag exclusive.

So the talk about supply and demand...is not really meangingful to me. I am sitting on paper gains for all my properties but had I bought CCRs, not only would they be too compact, the rental yield would have sucked too much.

I think the government may do away with all the CCR, RCR and OCR naming in future - or likely to rezone them.

[devilplate]

For investment purposes, watever R is fine really as long it makes money for u...not unless u r super rich tat also wana haf collectible ppty to haolian nvm it lose money

If i m super rich, acually i may consider hamilton scotts....the only condo wif sky garage....vy unique n can show off ur lambo, aston....lol

[CCR]

For investment purposes, watever R is fine really as long it makes money for u...not unless u r super rich tat also wana haf collectible ppty to haolian nvm it lose money

If i m super rich, acually i may consider hamilton scotts....the only condo wif sky garage....vy unique n can show off ur lambo, aston....lol

You are right, but Hamilton scotts location so so only.... I think 21 Anguilla park is best....

[amk]

That is the problem with people like you. If you think that this is the best time to buy CCR or Leedon Residences. Defend your view. PRC is coming and PRC don't rent out their properties and will not look at yields etc. blah blah. Say something about your "bullishness" - economy is good, rich PRC coming, some peope need to be 1km of good schools because no affiliation - these are the usual reasons i could think of. If you think someone is overly bearish, I would rather u spend more time explaining your bullishness in CCR or Leedon Residences today, instead of putting others down.

The problem with u is that u always take CCR supporter's opinion to extreme. We say OCR enjoyed a spectacular jump in the last 2 years, and that's the exact reason why OCR now is no longer attractive. And u conclude we are saying this is the "best time to buy CCR" ? And when we say area xyz in CCR is better than abc in OCR because xyz has top schools within 1km, u immediately condemn "you think you have the prestige by living in xyz"? I say u r very bearish rite now, did I say I'm very bullish ? Look we are not here to invite arguments like the famous wenqing. I like to see opinions, and enjoyed your theory of "big OCR areas support big OCR supplies so no over supply in OCR", same as Teddy's theory of "CCR will have the smallest supply in the last decade plus prolonged low interest rate and good SG economy will sustain CCR prices". You got to admit you take that cheeky "look ppl up" comment very personal.

I have investment pty in both CCR and OCR. I disposed one OCR last year, i think i also openly posted here when I did that. For now I'm 60% CCR 40% OCR. If u ask my view now, i would say hunt for prime CCR resale at low px when certain owners cannot hold. (I even posted my story of one CCR unit sold in one week at election date) and avoid all new OCRs.

[teddybear]

Regardless of whatever govt do, there are only so many rich people in Singapore. When they congregates and buy into certain locality in early days, that area's property rises and prices go up to become the current CCR. Once formed, it is usually difficult to shift as not everyone want to move due the familiarity, families, friends, "cronies" all living nearby and also the infrastructure that had been built after spending billions and billions of Dollars and maintenance is cheaper than building new ones.

You think your assumption that OCR gets better will make these rich shift to OCR? Regardless of how Jurong is being developed, it is still an industry estate with all those heavy industries nearby. You think the rich will want to breath in those heavily polluted airs and living near those heavy industries?

If not, how much prices the private properties the OCR condos will go up will ultimately be determined by the income of the middle class population. Are these people earning much more year after year? Apparently it seems this is not so now. The middle income population's income seem to be quite stagnant for the past decade. It seems that the top 10% income earners have increased tremendously and drawing further away, which is also supported by the increasing GINNI coefficient. Come 2015 with the tremendous over-supply of private properties in OCR + huge increase in HDB new flats, we will see the real outcome of what effects that will be. Forumers are warned foremost here. Let's come back to revisit in end of 2015. (May be sadly many forumers would have disappeared just like that J-Dog who lost his dick after betting too heavily after "shorting" properties against our advices).

The key assumption is OCR stays where they are in terms of infrastructure, amenities etc to command the high premium and faster psf growth.

Nowadays, government is pumping in so much $ to OCR that the $ is inflating the prices there. There are very few major government projects (except in Marina Bay Financial District and the future MRT stations) in CCR. OCR starts from a lower base, the psf % gain will therefore be higher.

City centers do evolve. E.g. In Netherlands, Amsterdam used to the seat of government, then it was shifted to Den Haag. Rotterdam is the heart of the industry.

In Singapore, I believe we are at the transition phase. My guess is the administrative center will be around Istana, financial center will be in Marina Bay, industry center will be around Jurong East. The MRT links these places together to facilitate the workers movement. As long as you invest in houses around these centers, prices will continue to appreciate faster than in other regions.

[teddybear]

Responses to your statements/comments:

[1] You sold already then say you are bearish? Why don't you say bearish first while you are selling already? Talk about hidden agenda and vested interests and this doesn't portray too good image for yourself.

[2] For high-end properties, prestige is very important. That is why people are willing to pay $58xx psf for MarQ@Paterson when surrounding areas are selling at about $3xxx psf. It is really difficult for people like you to understand. Regardless of how you sing song about your OCR properties, do you think you can get somebody to even pay $1500 psf for your property when surrounding areas are selling at bearly $1000 psf?

[3] Sure, but investment is always about long-term. There are many "stock gods" in the haydays but many had already become "stock beggers" after the few cycles up and down. In next cycle come 2015, let's see how many "property gods" like you are left with in this forum.

[4] There is no need to reveal whatever you did in this forum. You see, this is just a forum for discussions and comments, not to provide proofs. I can say I bought MarQ@Paterson at $58xx psf or you say you make multi-millions $$$ from OCR properties (to justify your bullishness on OCR properties previously and asking people to avoid CCR and only buy OCR previously especially your Hillview area and how smooth traffic is over at Hillview to anywhere else (until I point out why there is that perpetual jam at the Upper Bukit Timah Road exit into PIE everyday even during weekend! )) and nobody will be wiser because of that as nobody can authenticate.

[5] Many of us here have also made our view, which is contrary to yours, unfortunately or fortunately. The unfortunate ones are because you now said you had already sold your OCR property(ies) while those who listen to you and bought into that OCR properties would be stuck with their 4-years SSD and 60% LTV and there is good chance OCR properties will crash with huge over-supply come 2015 will make them curse that somebody here.
If they had bought CCR? Well, at least they are protected by the limited supply, and their properties get rented out first (as long as they are willing to lower their rents). Those outlying CCR private properties will be the last to fill up (if there are still so many potential tenants left).

[1] Yes, I've turned rather bearish recently. Don't think anyone should catch the boat now. Not saying there is no upside, just its so little that its not worth it.

[2] And I always have to clarify here that some of us are investors - and we do not look at the prestige of an investment. A good investment must have a good entry point and significant value for upside. A few of you (scroll up) are always talking about "prestige" or looking exclusively at certain districts - I think some are still looking for primary residence. That is the difference. As far as I am concerned, a $400psf investment that grows to $1000psf is a better investment than a $1500psf investment that grows to merely $1700psf. The entry point and IRR is of utmost importance, therefore the "base price" is important and must justify sigficant upside for me to enter.

[3] And whatever some of you say, it still doesnt change the fact (yes, fact) that OCR did outperform CCR for the past 2 years?

[4] BTW, I've sold a property in RCR which i have disclosed in this forum. How many of you disclose your investments and locality? I still have investments - one in a locality that has done very well (more than doubled in 2 years) and another again in RCR. I don't have investments in CCR mainly because i don't believe in the yields and upside potential anymore - at least not in today's prices. I've also said I don't believe in chasing new launches fetching an unreasonable premium to the resale in the vicinity. And I've been consistent in my views. As for now, I've said I won't buy ANYTHING, including OCR.

[5] At least I have a view. Some of you don't have one - and spend more time making snide remarks about people staying in ulu kampung or flaming others with different (but possibly better) investment philosophies. As for which area gives you the greatest bragging rights or prestige, its not important in my investment decision. $2300psf in Leedon Residences? I would rather some of you take a view of what is the upside (if any) instead of suddely putting down people who buy a place "less than $800psf". If someone can buy a place at $400psf and sell at $900psf - I will salute him instead of looking down on him.

[teddybear]

The most unfortunate one would be that somebody who bought the property you sold could have done so after they read all your comments and bought your OCR property.
Why didn't you say earlier that you were already looking to sell your OCR property?

Responses to your statements/comments:

[1] You sold already then say you are bearish? Why don't you say bearish first while you are selling already? Talk about hidden agenda and vested interests and this doesn't portray too good image for yourself.

[2] For high-end properties, prestige is very important. That is why people are willing to pay $58xx psf for MarQ@Paterson when surrounding areas are selling at about $3xxx psf. It is really difficult for people like you to understand. Regardless of how you sing song about your OCR properties, do you think you can get somebody to even pay $1500 psf for your property when surrounding areas are selling at bearly $1000 psf?

[3] Sure, but investment is always about long-term. There are many "stock gods" in the haydays but many had already become "stock beggers" after the few cycles up and down. In next cycle come 2015, let's see how many "property gods" like you are left with in this forum.

[4] There is no need to reveal whatever you did in this forum. You see, this is just a forum for discussions and comments, not to provide proofs. I can say I bought MarQ@Paterson at $58xx psf or you say you make multi-millions $$$ from OCR properties (to justify your bullishness on OCR properties previously and asking people to avoid CCR and only buy OCR previously especially your Hillview area and how smooth traffic is over at Hillview to anywhere else (until I point out why there is that perpetual jam at the Upper Bukit Timah Road exit into PIE everyday even during weekend! )) and nobody will be wiser because of that as nobody can authenticate.

[5] Many of us here have also made our view, which is contrary to yours, unfortunately or fortunately. The unfortunate ones are because you now said you had already sold your OCR property(ies) while those who listen to you and bought into that OCR properties would be stuck with their 4-years SSD and 60% LTV and there is good chance OCR properties will crash with huge over-supply come 2015 will make them curse that somebody here.
If they had bought CCR? Well, at least they are protected by the limited supply, and their properties get rented out first (as long as they are willing to lower their rents). Those outlying CCR private properties will be the last to fill up (if there are still so many potential tenants left).

[1] Yes, I've turned rather bearish recently. Don't think anyone should catch the boat now. Not saying there is no upside, just its so little that its not worth it.

[2] And I always have to clarify here that some of us are investors - and we do not look at the prestige of an investment. A good investment must have a good entry point and significant value for upside. A few of you (scroll up) are always talking about "prestige" or looking exclusively at certain districts - I think some are still looking for primary residence. That is the difference. As far as I am concerned, a $400psf investment that grows to $1000psf is a better investment than a $1500psf investment that grows to merely $1700psf. The entry point and IRR is of utmost importance, therefore the "base price" is important and must justify sigficant upside for me to enter.

[3] And whatever some of you say, it still doesnt change the fact (yes, fact) that OCR did outperform CCR for the past 2 years?

[4] BTW, I've sold a property in RCR which i have disclosed in this forum. How many of you disclose your investments and locality? I still have investments - one in a locality that has done very well (more than doubled in 2 years) and another again in RCR. I don't have investments in CCR mainly because i don't believe in the yields and upside potential anymore - at least not in today's prices. I've also said I don't believe in chasing new launches fetching an unreasonable premium to the resale in the vicinity. And I've been consistent in my views. As for now, I've said I won't buy ANYTHING, including OCR.

[5] At least I have a view. Some of you don't have one - and spend more time making snide remarks about people staying in ulu kampung or flaming others with different (but possibly better) investment philosophies. As for which area gives you the greatest bragging rights or prestige, its not important in my investment decision. $2300psf in Leedon Residences? I would rather some of you take a view of what is the upside (if any) instead of suddely putting down people who buy a place "less than $800psf". If someone can buy a place at $400psf and sell at $900psf - I will salute him instead of looking down on him.

[Wild Falcon]

I sold one and still have 2. I can still be as bullish as you u know.

I just think at today's price, no one should not be overly bullish, even in CCR or OCR. One shd also think twice about investing in new launches are outrageous premium to resale nearby. Everyone here has vested interest - at least some of us bother to disclose our underlying investments for others to judge our vested interest. You are one of those who have strong views. But there are others in this forum who have NO VIEWS who spend most time criticising others.

I won't say I'm super bearish - or else I will sell everything right? Action speak louder than words. i think with the supply looming and global uncertainty and low yields, one should look elsewhere for better returns. That doesn't mean prices will collapse.

We will always buy or sell based on our beliefs right? In short, all of us are vested in some way - some of us disclose our investments so that others can judge. It's precisely I believe that its about time to take some money off the table that I let one unit go. BTW, while I was selling, I did mention I was selling in this forum. I did not sell at the peak. I'm pretty sure prices went up slightly after I sold. But no regrets.

Responses to your statements/comments:

[1] You sold already then say you are bearish? Why don't you say bearish first while you are selling already? Talk about hidden agenda and vested interests and this doesn't portray too good image for yourself.

[2] For high-end properties, prestige is very important. That is why people are willing to pay $58xx psf for MarQ@Paterson when surrounding areas are selling at about $3xxx psf. It is really difficult for people like you to understand. Regardless of how you sing song about your OCR properties, do you think you can get somebody to even pay $1500 psf for your property when surrounding areas are selling at bearly $1000 psf?

[3] Sure, but investment is always about long-term. There are many "stock gods" in the haydays but many had already become "stock beggers" after the few cycles up and down. In next cycle come 2015, let's see how many "property gods" like you are left with in this forum.

[4] There is no need to reveal whatever you did in this forum. You see, this is just a forum for discussions and comments, not to provide proofs. I can say I bought MarQ@Paterson at $58xx psf or you say you make multi-millions $$$ from OCR properties (to justify your bullishness on OCR properties previously and asking people to avoid CCR and only buy OCR previously especially your Hillview area and how smooth traffic is over at Hillview to anywhere else (until I point out why there is that perpetual jam at the Upper Bukit Timah Road exit into PIE everyday even during weekend! )) and nobody will be wiser because of that as nobody can authenticate.

[5] Many of us here have also made our view, which is contrary to yours, unfortunately or fortunately. The unfortunate ones are because you now said you had already sold your OCR property(ies) while those who listen to you and bought into that OCR properties would be stuck with their 4-years SSD and 60% LTV and there is good chance OCR properties will crash with huge over-supply come 2015 will make them curse that somebody here.
If they had bought CCR? Well, at least they are protected by the limited supply, and their properties get rented out first (as long as they are willing to lower their rents). Those outlying CCR private properties will be the last to fill up (if there are still so many potential tenants left).

[teddybear]

Your 2 statements can gel and is totally contradictory of each other:
(a) I've turned rather bearish recently.
(b) I sold one and still have 2. I can still be as bullish as you u know.
"Rather bearish" means can be "quite bearish" <=> "Can still be as bullish" ???

Again, as I said, there is no need to say what you own or doing as there is no way to authenticate. Eg, I can say I bought 10 CCR properties recently because I strongly believe the prices are seriously undervalued! What is the point?

I sold one and still have 2. I can still be as bullish as you u know.

I just think at today's price, no one should not be overly bullish, even in CCR or OCR. One shd also think twice about investing in new launches are outrageous premium to resale nearby. Everyone here has vested interest - at least some of us bother to disclose our underlying investments for others to judge our vested interest. You are one of those who have strong views. But there are others in this forum who have NO VIEWS who spend most time criticising others.

I won't say I'm super bearish - or else I will sell everything right? Action speak louder than words. i think with the supply looming and global uncertainty and low yields, one should look elsewhere for better returns. That doesn't mean prices will collapse.

We will always buy or sell based on our beliefs right? In short, all of us are vested in some way - some of us disclose our investments so that others can judge. It's precisely I believe that its about time to take some money off the table that I let one unit go. BTW, while I was selling, I did mention I was selling in this forum. I did not sell at the peak. I'm pretty sure prices went up slightly after I sold. But no regrets.

[1] Yes, I've turned rather bearish recently. Don't think anyone should catch the boat now. Not saying there is no upside, just its so little that its not worth it.

[2] And I always have to clarify here that some of us are investors - and we do not look at the prestige of an investment. A good investment must have a good entry point and significant value for upside. A few of you (scroll up) are always talking about "prestige" or looking exclusively at certain districts - I think some are still looking for primary residence. That is the difference. As far as I am concerned, a $400psf investment that grows to $1000psf is a better investment than a $1500psf investment that grows to merely $1700psf. The entry point and IRR is of utmost importance, therefore the "base price" is important and must justify sigficant upside for me to enter.

[3] And whatever some of you say, it still doesnt change the fact (yes, fact) that OCR did outperform CCR for the past 2 years?

[4] BTW, I've sold a property in RCR which i have disclosed in this forum. How many of you disclose your investments and locality? I still have investments - one in a locality that has done very well (more than doubled in 2 years) and another again in RCR. I don't have investments in CCR mainly because i don't believe in the yields and upside potential anymore - at least not in today's prices. I've also said I don't believe in chasing new launches fetching an unreasonable premium to the resale in the vicinity. And I've been consistent in my views. As for now, I've said I won't buy ANYTHING, including OCR.

[5] At least I have a view. Some of you don't have one - and spend more time making snide remarks about people staying in ulu kampung or flaming others with different (but possibly better) investment philosophies. As for which area gives you the greatest bragging rights or prestige, its not important in my investment decision. $2300psf in Leedon Residences? I would rather some of you take a view of what is the upside (if any) instead of suddely putting down people who buy a place "less than $800psf". If someone can buy a place at $400psf and sell at $900psf - I will salute him instead of looking down on him.

[Wild Falcon]

Anyway, back to the thread proper. For those who believe that Leedon Residences is a steal at $2300psf, please explain your views and what is the upside expected at this entry point. I've stated mine.

[DaytonaSS]

You are one of those who have strong views. But there are others in this forum who have NO VIEWS who spend most time criticising others.

We will always buy or sell based on our beliefs right? In short, all of us are vested in some way - some of us disclose our investments so that others can judge. It's precisely I believe that its about time to take some money off the table that I let one unit go. BTW, while I was selling, I did mention I was selling in this forum. I did not sell at the peak. I'm pretty sure prices went up slightly after I sold. But no regrets.

ya, i totally agree with you. There are also some here preaching their view and go ard criticizing other's moral when others are sharing theirs.

You sell cos u belief there is limited upside. Your buyer buys cos he thinks got upside. Some pple prefer OCR some prefer CCR. hope u got the maturity not to slam pple and accept that life is not fair. Dont slam pple just because they decided to put their $$$ on CCR.

[DaytonaSS]

The most unfortunate one would be that somebody who bought the property you sold could have done so after they read all your comments and bought your OCR property.
Why didn't you say earlier that you were already looking to sell your OCR property?

the truth is that its going to be hard to sell at good price now, especially for those who are not near to mrt in general OCR area with exception of those in Jurong JLD, Paya lebar, n those with development stories etc .

With SSD 4 years on a resale, buyers know that by the time they can sell, the HUGE OCR supply is coming. After complain so much abt foreign talent, many OCR development NOT within walking distance to MRT is going to be hit very hard when the demand is greatly restrained with controlled FT intake. Those CONDO near MRT n near JLD/paya lebar/ tampiness/Biopolis/Bona Vista/ well located CCR condos will suck up all the better tenants leaving the inferior located developments high n dry. Then all they can say is i buy for own stay.

The trend is very clear on the prices i posted to refute wild falcon on his point that there issnt much 800++ and below condos. Y is the price so ,many may ask? The market already tell u, record COE prices, MRT crowding, + target 6.5m population, accessibility to business hubs is the key factor.

Lower human density, nice environment with access to prestige schools and accessibility via transport options to key hubs will command a HUGE premium. Those whom keep cursing and praying $1000psf for prime properties can only continue to do so.

The stage is set, 4 yr SSD, unprecedented OCR supply, high population density n limited foreigner intake. If i where u, i listen to bro master 3rd eye BJ21T and hold on tightly to a gem and never let go lightly.

As for those ulu located developments, personally i will let go if someone interested. To sustain my point with facts, all u have to do is scroll back n see those 500++, 600++ psf developments(saw a couple FH). If you own one, u probably wonder y pple pay 1300 psf for scala, 1200 for tennery, 880k for DBSS HDB, and going to pay $2300 for Leedon and when i ask for $100 psf more, pple walk away.

At present price points where OCR is so damn near to fake CCR(according to teddy), if one still think ulu OCR(no moral intentions) got many many upside with the grey skys ahead, better go to where the limited sunshine(illustration, no moral intentions) can reach. IF your intention is to buy $500 and sell $1,100, and be saluted, good luck to u.

Pls note that i m presenting my VIEWS, they are damn strong also!

[amk]

Lower human density, nice environment with access to prestige schools and accessibility via transport options to key hubs will command a HUGE premium.

I think BIG units will also start to command a premium as it's becoming rare.

[devilplate]

I think BIG units will also start to command a premium as it's becoming rare.

Unlikely

Unless ltv revert bck to 80% so probably beginning of nxt cycle

Nxt downturn dun fight for my choiced big units

4bdr 1500sqft shd be good

[DaytonaSS]

Unlikely

Unless ltv revert bck to 80% so probably beginning of nxt cycle

Nxt downturn dun fight for my choiced big units

4bdr 1500sqft shd be good

no no no , go for the 4 bedroom with each attached toilet! 2000sqft. that is power big size. Think can only find it in old old developments.

[CCR]

Demand and supply..... So many small it's now, I am sure the big units demand will be back... And those that wants big units usuallynhave he dough to pay...

[hopeful]

when talking about big units, do we need to reference whether it is OCR or CCR?
For eg, devilplate think 4BR 1500sf is big, perhaps that is big unit in OCR.
However, in D9,D10, 4BR are like 2000-3000sf.
Trillium 2BR already 1399sf.
My ex-unit at Jalan Mutiara 3BR 1927sf.

So big units in traditional prime are bigger than big units in suburbs?

[chiaberry]

no no no , go for the 4 bedroom with each attached toilet! 2000sqft. that is power big size. Think can only find it in old old developments.

You have the floor plans? This type of unit have maid's room or not?

Hmmm....not that keen on location of this one. Quite a long walk to the MRT. Prefer the location of Spanish Village for transport. Wonder if it will en bloc ever?

Don't give me flak about ppl who can pay $4+ million for a unit don't need to walk to the MRT. Not everyone is so dependent on car/chauffeur as what some of you think.

[DaytonaSS]

You have the floor plans? This type of unit have maid's room or not?

Hmmm....not that keen on location of this one. Quite a long walk to the MRT. Prefer the location of Spanish Village for transport. Wonder if it will en bloc ever?

Don't give me flak about ppl who can pay $4+ million for a unit don't need to walk to the MRT. Not everyone is so dependent on car/chauffeur as what some of you think.

I was referring to my friends unit at pandan valley 2000 sqft sold at record price.Can see URA . Got maid room I remember. All room got toilet. Very shiok.

[devilplate]

when talking about big units, do we need to reference whether it is OCR or CCR?
For eg, devilplate think 4BR 1500sf is big, perhaps that is big unit in OCR.
However, in D9,D10, 4BR are like 2000-3000sf.
Trillium 2BR already 1399sf.
My ex-unit at Jalan Mutiara 3BR 1927sf.

So big units in traditional prime are bigger than big units in suburbs?

I prefer to buy 1-2bedder in ccr n 3-4bedder in rcr/ocr. To fork out like 3-4mil for a big unit in ccr, i wud rather buy a semi d in let say d15

[chiaberry]

Pandan Valley has quite an "ugly" facade (sorry to owners who may be reading this) - almost like HDB. It's a pity because the room sizes are big. But the views/grounds are not too good. Lucky owners who got their 3+ million asking price. It should go en bloc. But the development is too large and I don't think the developers will bite at this point in time.

[DC33_2008]

No news on Pine Grove.

Pandan Valley has quite an "ugly" facade (sorry to owners who may be reading this) - almost like HDB. It's a pity because the room sizes are big. But the views/grounds are not too good. Lucky owners who got their 3+ million asking price. It should go en bloc. But the development is too large and I don't think the developers will bite at this point in time.

[amk]

You have the floor plans? This type of unit have maid's room or not?

I know of a project whose 4bd has close to 2000 sqft, each has its own toilet, also has maid's room, AND a separate store room. And it's not even old, TOPed in 2008.

Yes hopeful/Daytona these are the types that I'm referring. 3BD at 1500-1600sqft, 4BD at 2000sqft. and with very little waste space like useless bay window / huge AC ledge/ huge balcony / "pte lift lobby" etc. These types should become rare, and time will come when these are in demand. Just like HK where real luxury units are large and with higher psf/rent. Right now even though I'm not very bullish at this market, I'm looking for this type of units and make an opportunistic buy. Not all resale CCR projects had a jump in price. Most are still stuck at pre 2008/mid-07 level.

I'm beginning to sound like proud owner

[amk]

My ex-unit at J*** 3BR 1927sf.

u know some projects are just jinxed from day one, for no reason. Your L project looks like one of them. developer takes sooo long to sell.

[devilplate]

I know of a project whose 4bd has close to 2000 sqft, each has its own toilet, also has maid's room, AND a separate store room. And it's not even old, TOPed in 2008.

Yes hopeful/Daytona these are the types that I'm referring. 3BD at 1500-1600sqft, 4BD at 2000sqft. and with very little waste space like useless bay window / huge AC ledge/ huge balcony / "pte lift lobby" etc. These types should become rare, and time will come when these are in demand. Just like HK where real luxury units are large and with higher psf/rent. Right now even though I'm not very bullish at this market, I'm looking for this type of units and make an opportunistic buy. Not all resale CCR projects had a jump in price. Most are still stuck at pre 2008/mid-07 level.

I'm beginning to sound like proud owner

er...big units of 1500-2k sqft may command a premium only in prime district but the problem is prime district no lack of such big units....newly Toped st thomas suites is one of them....jus like certain penthse in orchard command highest psf

i dun tink such big units will ever command a higher psf in ocr locations.
wat i observe in ocr was there r very limited newer projects wif 4bedders.....and tats wat i gona to look out for....newer less den 5yo and 4bedder of size ard 1500sqft....perhaps during nxt recession

ccr i will stick to 1-2bedders.....and perhaps shall buy landed instead of ccr ppty

[proud owner]

I know of a project whose 4bd has close to 2000 sqft, each has its own toilet, also has maid's room, AND a separate store room. And it's not even old, TOPed in 2008.

Yes hopeful/Daytona these are the types that I'm referring. 3BD at 1500-1600sqft, 4BD at 2000sqft. and with very little waste space like useless bay window / huge AC ledge/ huge balcony / "pte lift lobby" etc. These types should become rare, and time will come when these are in demand. Just like HK where real luxury units are large and with higher psf/rent. Right now even though I'm not very bullish at this market, I'm looking for this type of units and make an opportunistic buy. Not all resale CCR projects had a jump in price. Most are still stuck at pre 2008/mid-07 level.

I'm beginning to sound like proud owner

i like big unit ...

i like space .....

i have seen 4 bedrooms 3600 sqft
3 bedrooms 2000 sqft
2 bedrooms 1281 sqft

and no bay windows, silly balcony , aircon ledge ...

but they are getting very very rare ...

[devilplate]

i like big unit ...

i like space .....

i have seen 4 bedrooms 3600 sqft
3 bedrooms 2000 sqft
2 bedrooms 1281 sqft

and no bay windows, silly balcony , aircon ledge ...

but they are getting very very rare ...

u can always buy another landed

i dun see the nid to buy real big apts especially the quantum can b huge...better of buying another landed....tats me

[devilplate]

er...big units of 1500-2k sqft may command a premium only in prime district but the problem is prime district no lack of such big units....newly Toped st thomas suites is one of them....jus like certain penthse in orchard command highest psf

i dun tink such big units will ever command a higher psf in ocr locations.
wat i observe in ocr was there r very limited newer projects wif 4bedders.....and tats wat i gona to look out for....newer less den 5yo and 4bedder of size ard 1500sqft....perhaps during nxt recession

ccr i will stick to 1-2bedders.....and perhaps shall buy landed instead of ccr ppty

jus to add: Mi Casa is gona be one of the very few ocr new projects wif decent sized units....3bedder ard 12xxsqft which is rare now...LOL

[august]

I know of a project whose 4bd has close to 2000 sqft, each has its own toilet, also has maid's room, AND a separate store room. And it's not even old, TOPed in 2008.

Yes hopeful/Daytona these are the types that I'm referring. 3BD at 1500-1600sqft, 4BD at 2000sqft. and with very little waste space like useless bay window / huge AC ledge/ huge balcony / "pte lift lobby" etc. These types should become rare, and time will come when these are in demand. Just like HK where real luxury units are large and with higher psf/rent. Right now even though I'm not very bullish at this market, I'm looking for this type of units and make an opportunistic buy. Not all resale CCR projects had a jump in price. Most are still stuck at pre 2008/mid-07 level.

I'm beginning to sound like proud owner

ya, Spore private non-landed property went thru a few "era"
some 15 to 20 yrs ago, we have steps in living room
late 90s onward bay window became fasionable
current era (post 2008/09 crisis) is the worst imo becos layout & size are greatly compressed and cannot be considered as luxurious