A good article on Waterway Point.
http://www.theedgeproperty.com.sg/co...chored-success
It's going to be crowded as another 60,000 housing units will be coming up in Punggol.
Luckily there's enough amenities in the pipeline. There's 3 neighbourhood centre planned with Oasis Terrace and North Shore Plaza under construction, the third should be at Matilda district.
Could be the novelty factor because it is new?
The shopping isn't that fantastic but most of the popular brands are there. It might be more crowded once Uniqlo and H&M opens.
Might also be due to the sheer number of F&B choices.
Just wondering if the crowd will be worse when all the shops are opened?
I am actually surprised there's Giordano and Watsons as the original list didn't have them.
Aiyo... dun say people cherry pick part of conversation leh...
Their cherry picking skill still not as steady as you....
i like your style.... made an effort to do a search on pptyguru or caveat and steadily pick a 1976 TOP one to compare!
But then no need so troublesome to compare to WT... just compare next door condos lah.
Those buyers for those next door condos, like martin place residence (TOP 2011), who paid like >$2k psf in recent resales, not as smart as you... they should have bought pacific mansion instead which is solid 'bang for bucks' at half price!
WT is suitable for those who prefer to be away from hustle and bustle of city living. Not everyone works in town nor like to shop in Orchard areas due to congestion and higher pricing in shopping cos rental rates for retail, office and residential are so high.
Living in the north-east is also more healthy in environment as far as annual haze is concerned, those living in the city are the most affected by the haze, being nearest to Indonesia. Lately, Orchard area is marred by many unfortunate happenings and the most vulnerable to be hit by terrorism.
Humble people live in humble areas, Orchard Road are for high flyers and for the rich and famous. There is no end to comparison, hence it boils down to individual choice so long ppl are happy with their decisions whether they buy for investment or for own staying, it's their money and whether they win or lose it's still their own business. We win some and lose some in our lives but can never win all the time.
For those who bought Watertown, you should have received a SMS notifying you that you can collect the waterway point tote bag from B1.
It is still as crowded 5 days after the opening.
Yes, agree ! I hope the crowd will subside.
Alot of the trash bin are overflowing and toilets has long queue.
The Plaza and The Cove were packed and even the surrounding waterway area was full of people. I have never seen so many people around the area.
It seems that suddenly, people are interested in the area and find it worthwhile to linger and hang out around the waterway.
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
LOL! From a investor perspective a renter is important. from a renter perspective is important to a investor coz investor need renter. You must be 1st time doing this is it? LOL! No wonder ........
Happy coz lan lan.. wondering security is concern, lan Lan wondering if everything must be so crowded and cramp when come home. At least when I come home its peace and quiet yet a short stroll out of my place its bustling with all the amenities. I guess you have to LAN LAN find happiness.
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
Like Chanel, I bought WT because it's within my means and I don't mind living in a humbling district - so long as I am Hua Hee.
Seriously, I paid $1025psf for my Sky Patio during the VVIP. And that's b4 the stamp duty and furniture rebates from FEO. A pretty good deal imho.
Minority being a minority sees things different from the rest and from the relentless rantings and name calling of WT buyers for the last 4 years, this guy/lady ain't gonna budge! Lol.
Notwithstanding, I salute his/her firm stand on his/her version of property investment.
But Minority, maybe a little toning down and better research might make thing a little friendlier here.
One question though, why are u so up against WT and the buyers?????
What's your agenda?
There are ppl who has nothing to do but like to stir sentiments to seek attention. Best solution is to ignore totally and dont rebut at all to any posts that one disagrees and move on. It's not worth stressing our short lives with unhappy posts. Moreover, there is no right nor wrong to squabble over comments, afterall this is only a discussion forum meant to share and make friends or be future neighbours. We should try to respect each other's opinions and not habour ill thoughts against one another.
Not vested in this project.
I have been explaining since 2012 about decentralisation and the upward strive / growth of OCR in hotspots. There are some diehards though that refuse and reject this possible long term trend; for them, absolute macro-location is what they look for (perhaps they are mainly private car drivers?). And that is fine for their preferences. But when they insist that the market must follow their preferences, that's when they get disillusioned. How each individual derives satisfaction and happiness is different as well.
The current trend is that there is a majority (large group at least) willing to pay for micro-location factors. This is especially true for own stay / holiday home. A potential valid risk is whether there are rental demand supporting these prices in the long run. My view remains unchanged in that with the continued beefing of transport and other infrastructure, many people will find it still attractive as a destination to stay.
In the continued push for car-lite Singapore, I foresee a divergence of strategies, each as valid as the other. Several more central locations are presenting great value propositions for investment or diversification, while outskirt hotspots will also continue to attract home buyers and to some extent, tenants. While yields might not be high if one buys around 1500 or 1600 PSF, it is probably the same scenario islandwide as tenants become price sensitive in a potentially fragile economic climate. And for own stay, yields is not even an issue.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
T9.
Actually can't blame Minority much - my purchase was met with alot of "what!" " But why???" " U crazy ah!!" 4 years ago by a handful. And the ill-famous : "Punggol???"
Now that the beautiful mall is up and the condo is taking shape, I think I made the right decision as far as I m concerned ( I know our beloved Minority will beg to differ LOL). I song enough liao.
By the way I m an existing Punggolian (very vested some might say).
Happy Year of the Monkey to one and all ah!
Thanks for sharing your views. Are the hot areas those that are defined by the master plan i.e Woodlands, Jurong and Paya Lebar ?
To me, property is a illiquid and long term investment. In order to gain good capital appreciation, you will need to identify areas with good potential and invest early. Those that are looking at rental yield will typically look at the current state rather than future state.
I am glad you are very happy with your purchase.
I never thought much of Punggol to be honest. My grandma used to have a farm at Jalan Kayu and I used to stay there when I was a kid. Sometimes, we will walk all the way to Punggol jetty. The government acquired the lands in the 80s and the next time I visited Punggol was probably in the early 2000s when one of my friend had a house warming. I wasn't too impressed as that place was very barren back then.
I only visited Punggol late 2011 when I went to see the showroom of ATT. I was quite impressed with the environment as the Waterway was up. Most units at ATT was sold except for a few low floor units. The agent there told me that if I am really keen in Punggol, I could wait for the project opposite (Watertown) which was going to launch in a few months time and that started me on research (master plan) and I register myself for the VVIP preview. The rest is history.
WT is quite unique in the sense that it faces the waterway which leads all the way to Punggol point and Cony Island and the plus point of not being blocked by high buildings. Healthier lifestyles for the older and younger generations to cycle, jog, scooter ride and outdoor activities after office & school hours and during week-ends. No worries about transport as it is surrounded by bus interchange, mrt and lrt to all parts of Singapore and don't have to own cars too.
Another unique design of WT is the balcony is enclosed by full height louvres, which can double-up as the dining area.
Never a regret when invested in properties which are long term assets and it will definitely appreciate in value although it has it's ups and downs.
Most importantly, one must be happy and contented.
personally i do find it quite packed, as the developer tries to maximize profits by setting stalls along the walkways.. not sure if there should be crowd control measures...
hope the crowd will subside after the novelty fizzles out.. hate to see the beautiful mall to end up like NEX...