this developer launched The Maisons nearby recently. after asking high, they found that units couldn't move and offered discounts.
so...........
Originally Posted by skins
this developer launched The Maisons nearby recently. after asking high, they found that units couldn't move and offered discounts.
so...........
Originally Posted by skins
gotta add: the discount was offered to bulk buyers and was not advertised.
u need to try to bargain for it.
just to give you an example: the 1516psf record psf for R maison's 1 bedder after the hard bargain can be gotten at 1390psf.
Start from 15XX for 3+1 penthouse??
Ride or Die
So means buy early from this developer is not safe?Originally Posted by bargain hunter
I notice most 1-bedder are around $1500 psf from the caveats lodged. Bulk buying discount applies to many projects.Originally Posted by bargain hunter
not say not safe. they are small but backed by rich oei hong leong's sister. pretty new in ppty development and need to move their units fast. so it really depends on the demand at the launch's price point.
Originally Posted by skins
yes. but if so lucky know of enough pple to buy 5 units including urself, can approach this developer liao. they will be glad to sell the 5 units at 1390psf instead of waiting for 1500+psf.
Originally Posted by wirehtc
If the price is decent around $1500 psf for 1 bedder, I think it is a good buy.
actually the maisons isn't overly priced leh .... it is a fh ppty ... I tot 1 bedder at $1500 is very attractive wor ...Originally Posted by bargain hunter
I dun feel it is unfair in any way. Bulk discount due to slow moving ...Originally Posted by skins
Put it tis way, if the developers tell those 1st buyers tat they can revise the $ to $1390psf if they get 4 more units .... will they still feel tat they r being chopped?
Provided its bulk discount then yup i agree it would be ok.Originally Posted by mermaid
Tentative launch date is 27th July
www.thequinn-bartley-singapore.com
its currently a quantum game.
take 3 1 bedders:
398 sq ft (no longer seen at new launches it seems) 1500psf = 597k. below 600k very attractive!
474 sq ft (more common now) 1500psf = 711k. ok, still acceptable.
581 sq ft (Maisons, non mickey mouse, commendable, but not what market is looking for) 1500psf = $871,500! almost 900k for a 1 bedder is not seen as attractive by quantum in investment terms.
Originally Posted by mermaid
Official price list isn't out yet
The developer might price it less aggressively in view of market conditions
Thinking about it, a 1bedder FH that is pretty far from mrt would not be in as high demand for rental compared to LH nearby mrt. Probably many people looking for own stay wouldn't mind this fact. But, since most 1bedder tenants will not be driving, rental demand will not be high.
Ride or Die
I do not regard 500 plus metres as 'pretty far'.
The Quinn has a unique French Indochine theme (similar to 1919 @ Sophia Rd) that may appeal to a certain group of tenants.
Other condo developments while nearer to the mrt station are just bland steel and glass buildings.
The launch date for the Quinn is confirmed to be 27th July.
www.thequinn-bartley-singapore.com
However, The QUINN/MAISONS show gallery will be open on 20th July.
Call 91087536 for details.
I do agree, esp with FH establishment, it is hard to find one tat is tat near mrt.Originally Posted by yesnomaybe
Self stay is ok. But if want to rent out, i doubt tenants give a damn whether it is freehold or leasehold.Originally Posted by mermaid
If same amount of rent, tenants only care about location, convenience and if the unit is in a good condition plus other criteria they may have.
550m you have to cross a main road(Bartley road) which is going to be widened. Probably need to cross an overhead bridge.
And 550m >10mins walk. The preference is personal i guess, if own stay/tenant drives, probably no problem at all.
Ride or Die
if I were a potential buyer, the tendency is more towards self stay. normally ppl wun choose to buy a fh to rent out la, even with similar rents, the yield will be lower, no point.Originally Posted by sabian
for fh self stay, usually ppl drives, hence dun expect them to walk fm the mrt so they dun really care if mrt is at doorstep onot.
So you mean to say I cannot find any freehold unit for rent if I search the classifieds at any point in time and almost all freehold dwellers drive?Originally Posted by mermaid
Originally Posted by sabian
tsk, tsk, tsk ... mai anyhow put words into my post hor!
I wrote "the tendency is more towards self stay" " normally ppl wun choose to buy a fh to rent out", " for fh self stay, usually ppl drives"
I think that's too judgemental. With the high costs of coe, how can you assume most people will be driving. That is equivalent to saying usually people who stay near to mrt wont drive.Originally Posted by mermaid
Plus, I'd dare say that most 1 bedders would not be for own stay
Ride or Die
u another one! I hv alrdy disclaimed by saying if I were a potential buyer ...Originally Posted by Autumnwinds
But it's getting harder to purchase cars unless you are flushed with excess cash.Originally Posted by mermaid
Yee ha! Did I tickle your funny bone?
den in the 1st place one shouldn't be choosing a FH if distance fm mrt is really tat critical to him lor ... one cant hv his cake n eat it, rite?Originally Posted by ecimbew
Actually there are freehold near mrt.
Yee ha! Did I tickle your funny bone?
I nvr say no fh near mrt worOriginally Posted by ecimbew
Originally Posted by mermaid
I think you can't say I put words in your mouth. If what you say is true, it shd be difficult for me to find freehold property to rent and I did say "almost all freehold dwellers drive"Originally Posted by mermaid
Anyhow, I'm not the only one is "mistaken".
nope, in the 1st place, I dun feel tat it is hard to rent out a FH ppty worOriginally Posted by sabian
whether it is difficult to rent or not depends a lot on yr rental target.
if say 2 projects side by side, 1 FH & the other LH. if the owner of the fh is willing to match the price of a LH, they r basically no diff to the tenants.
likewise, if 2 sellers, projects side by side, 1 FH & the other LH. everything similar, price oso the same, of cos most if not all of the buyers will quickly snap the fh rite?