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Thread: Marina One Residences, 99LH, M+S Pte Ltd

  1. #41

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    Quote Originally Posted by smartboy2
    Owners Buy Financial district not for rental, long term capital appreciation
    Some say nvr buy leasehold 99 years if u r looking for capital appreciation, cos u can't hold it long term like a freehold ppty. In another words, u need to time ur entry n exit well for leasehold ppties, which can be tricky.

  2. #42
    Join Date
    Nov 2008
    Posts
    2,404

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    That is a myth. You can't hold FH property forever also.

    Both FH and LH properties get en-bloc
    Seldom, we will see FH properties > 99 years
    Seldom, we will see LH properties exhausting its lease
    Location is far superior than FH status
    You can't hold FH forever either (you will die or the house might rot)
    Timing entry/exit is vital for any property/investment, not only LH





    Quote Originally Posted by riverfish
    Some say nvr buy leasehold 99 years if u r looking for capital appreciation, cos u can't hold it long term like a freehold ppty. In another words, u need to time ur entry n exit well for leasehold ppties, which can be tricky.

  3. #43

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    Quote Originally Posted by thomastansb
    That is a myth. You can't hold FH property forever also.

    Both FH and LH properties get en-bloc
    Seldom, we will see FH properties > 99 years
    Seldom, we will see LH properties exhausting its lease
    Location is far superior than FH status
    You can't hold FH forever either (you will die or the house might rot)
    Timing entry/exit is vital for any property/investment, not only LH

    -agree.. Unless you are intending to leave the house behind for your kids or grandchildren.

    But then again, there is always a wear and tear situation after 25-30 years.

  4. #44

    Default DUO and Marina One set for 2017 completion

    DUO and Marina One set for 2017 completion
    Sep 6, 2013 - PropertyGuru.com.sg
    Comment E-mail to friend Bookmark & Share
    Two mega mixed-use projects jointly developed by Malaysia and Singapore are expected to be ready in 2017, after the developer M+S awarded two construction contracts amounting to S$2 billion.

    DUO in the Bugis area will be built by Japanese Obayashi Corporation, while a Korean consortium of Hyundai Engineering & Construction and GS Engineering & Construction will be responsible for erecting Marina One in Marina South.

    The two projects are the result of the 2010 land swap deal between Singapore and Malaysia, under which Malaysian railway land in Singapore was returned in exchange for four land parcels in Marina South and two in Ophir-Rochor.

    Responding, M+S Chairman Tan Sri Azman Yahya said the appointment of the three contractors was another milestone for the two iconic developments. M+S is a 60:40 joint venture between Khazanah and Temasek.

    Both projects have a total development value of S$11 billion and will comprise residential, office and retail components. DUO will also feature a hotel.

    Construction for the two projects is expected to begin this year.

  5. #45

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    These two projects and Southbeach will bring vibrancy to this area.
    Quote Originally Posted by vboy View Post
    DUO and Marina One set for 2017 completion
    Sep 6, 2013 - PropertyGuru.com.sg
    Comment E-mail to friend Bookmark & Share
    Two mega mixed-use projects jointly developed by Malaysia and Singapore are expected to be ready in 2017, after the developer M+S awarded two construction contracts amounting to S$2 billion.

    DUO in the Bugis area will be built by Japanese Obayashi Corporation, while a Korean consortium of Hyundai Engineering & Construction and GS Engineering & Construction will be responsible for erecting Marina One in Marina South.

    The two projects are the result of the 2010 land swap deal between Singapore and Malaysia, under which Malaysian railway land in Singapore was returned in exchange for four land parcels in Marina South and two in Ophir-Rochor.

    Responding, M+S Chairman Tan Sri Azman Yahya said the appointment of the three contractors was another milestone for the two iconic developments. M+S is a 60:40 joint venture between Khazanah and Temasek.

    Both projects have a total development value of S$11 billion and will comprise residential, office and retail components. DUO will also feature a hotel.

    Construction for the two projects is expected to begin this year.

  6. #46

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    Yes, pls chiong faster, I wait until neck very long liao...

  7. #47

    Default

    4000psf??

    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  8. #48

    Default

    Quote Originally Posted by thomastansb View Post
    That is a myth. You can't hold FH property forever also.

    Both FH and LH properties get en-bloc
    Seldom, we will see FH properties > 99 years
    Seldom, we will see LH properties exhausting its lease
    Location is far superior than FH status
    You can't hold FH forever either (you will die or the house might rot)
    Timing entry/exit is vital for any property/investment, not only LH
    Fully agree....very beautifully summarized. Too many people have misconception abt LH properties. Haha...you are right. Be it freehold or LH, the house will eventually rot....

  9. #49
    Join Date
    Jan 2011
    Posts
    1,636

    Default

    Yes I am sure it will get enbloc before 99 years but LH, when enbloc gotta top up lease while the no need so buy old FH is the best

  10. #50
    Join Date
    Jan 2014
    Location
    The Sails
    Posts
    366

    Default

    any idea if this Marina One has started to sell or already a fully sold out?

  11. #51

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    Freehold is definitely better than leasehold if all else are equal.... however freehold always has added upfront premium to pay over leasehold... so there is really no difference : )

  12. #52

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    Quote Originally Posted by Royston8H View Post
    any idea if this Marina One has started to sell or already a fully sold out?
    Haven't launched yet. But the showroom looks completed

  13. #53
    Join Date
    Feb 2013
    Location
    Metz @ District 09
    Posts
    24

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    Quote Originally Posted by Royston8H View Post
    any idea if this Marina One has started to sell or already a fully sold out?
    Hi Royston8H, preview for Marina One is expected within the next 1-2 months. Will keep this thread posted.

    Finishing and quality will definitely match DUO Residences @ Bugis.

    Happy CNY!

  14. #54

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    Reminds me of Hong Kong

    Yee ha! Did I tickle your funny bone?


  15. #55

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    Like this...

    Yee ha! Did I tickle your funny bone?


  16. #56

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    Quote Originally Posted by Mongoose View Post
    While the location seems good for an iconic project, i can imagine there will be several other projects in future around it, esp towards the south and south west where there are still large tracts of land available for development.

    There's also no view of the Marina reservoir, given that its blocked by MBFC

    In future, I can imagine more towers coming up and "towering" over Marina One.

    Any idea what lies ahead for the land around Marina One? I can imagine it'll be more commercial/resi mix developments, rather than recreational or green lungs.

    True
    Yee ha! Did I tickle your funny bone?


  17. #57

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    Will it be gold windows?

    Yee ha! Did I tickle your funny bone?


  18. #58

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    They look really happy here. Happy pose, sirs!

    Yee ha! Did I tickle your funny bone?


  19. #59

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    Ok lah. It does look further apart on paper.

    Yee ha! Did I tickle your funny bone?


  20. #60

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    [QUOTE=ecimbew;462789]Reminds me of Hong Kong


    reminds me of Chocolate Wafer

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