i think it jsut simply over-priced, after teh NTUC and the bus interchanged shifted, basically, u are like living in the middle of desert.
Anyone know avg PSF? Is that a EC? Seems like lacking on the landscape cos quite bare from the outside.
From the URA caveats i calculated it should be around $490 to $500 psf. Compared to Bishan, this is cheap.
The immediate location is not bad. Near AMK MRT, big NTUC supermarket, and i think there is a shopping mall being built nearby.
Landscaping is quite ok if you go inside. From the outside can't see much.
No it is not an EC.
Thanks G8 for your reply. Read the news recently...people selling off for a profit already!!! Not too bad for a suburban condo. But how many units left now? What is price difference compare to 2004?
Whatever it is, people who made a profit from this bought it cheap.
If you were to buy this condo at today's prices, and still hope to make a profit, GOOD LUCK TO YOU.
Most new properties bought in 2004 should be able to make some decent profit.
Originally Posted by toh32
I just came back from looking at this development. Nyet! Nyet! Nyet! Looks like HDB with balconies. Also, the old bus depot has been moved, so if you don't drive, you have to trek 15 or so minutes in the hot sun to Ang Mo Kio Central for the MRT and/or bus.
Good luck folks if you're looking for a resale. I'll save my precious few dollars and peddle them somewhere else.
It is a myth (perhaps the oldest one in the book) that Freehold is better than Leasehold. There are no conclusive studies on this.
What many seem to forget is that property is all about LOCATION. The first thing students of real estate are taught is location, location and location. So focus more on location and less on tenure.