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Thread: Park Colonial Condo

  1. #41

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    Quote Originally Posted by Kelonguni View Post
    Not sure if you are referring to inter development 200K or intra development 200K.

    Offerings can differ due to different site localities or different Builders employed or different plans in place. Cheapest might not be good.

    As for intra development price adjustments, based on past analysis of selected condos when TDSR was adopted, small units did not register any fall as they were sold out before the indices fell. Moderate sizes (1000 sf) fell 100K at max and luxury or giant sized units may fall 200K.

    What’s most important is that people who wait will happily wait through that very short period (maybe some other new criterion not fulfilled), and prices recovered very fast back to the pre TDSR period.

    What is unknown is if ABSD plus financing changes would bring about a significant fall in prices. Both these had very marginal (less that 3-5%) impact on prices when they were implemented in the past. For some countries, they did not even cause prices to slow.

    My thoughts are that they will instead cause a shift in buying strategy to avoid ABSD.
    I don't think looking at such detail most likely Chicken Rice Theory only.

  2. #42

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    just read the Park Colonial documents... you will understand the min price that they have to sell currently as agreed by the bank...

    of course, i'm sure it's negotiable

  3. #43

  4. #44

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    "In 2011, if you put S$100 into a Singapore private residential property, your S$100 today in 2018 will give you around S$102. So there’s only a very small appreciation of S$2 across so many years.

    "On the other hand, if you put your S$100 in a city like Auckland for example, that will reach S$195 – you will see appreciation. And if you put it in a city like KL you will see S$185," Mr Tan said.

    "What that means is that compared across time and cities, private residential property prices in Singapore hasn’t really gone up by that much compared to major cities around the world now," Mr Tan explained.

    According to Mr Tan, homebuyers in Singapore have been "relatively sheltered" from rising home prices, due to the total debt servicing ratio framework (TDSR) introduced in 2013.

    "In Singapore, a typical or average homeowner will see a debt servicing ratio of around 22 per cent," said Mr Tan. "What that means is that for every S$100 of monthly income that a household brings in, around S$22 goes to servicing the home loan.

    ParkColonial Team, look out for #04-56 just released unit.
    2D2 $1,253,000

  5. #45

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    2011 - 456 psf ppr (899psf)
    2017 - $964.80 per square foot per plot ratio (psf ppr) (XXX psf)

    Land value increase by 2.11 x, guess how much will the psf.

    https://www.straitstimes.com/busines...p-bid-of-4463m
    The venture lodged an aggressive bid of $446.28 million or about $964.80 per square foot per plot ratio (psf ppr) for the plot.

  6. #46

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    Quote Originally Posted by Arcachon View Post
    "In 2011, if you put S$100 into a Singapore private residential property, your S$100 today in 2018 will give you around S$102. So there’s only a very small appreciation of S$2 across so many years.

    "On the other hand, if you put your S$100 in a city like Auckland for example, that will reach S$195 – you will see appreciation. And if you put it in a city like KL you will see S$185," Mr Tan said.

    "What that means is that compared across time and cities, private residential property prices in Singapore hasn’t really gone up by that much compared to major cities around the world now," Mr Tan explained.

    According to Mr Tan, homebuyers in Singapore have been "relatively sheltered" from rising home prices, due to the total debt servicing ratio framework (TDSR) introduced in 2013.

    "In Singapore, a typical or average homeowner will see a debt servicing ratio of around 22 per cent," said Mr Tan. "What that means is that for every S$100 of monthly income that a household brings in, around S$22 goes to servicing the home loan.

    ParkColonial Team, look out for #04-56 just released unit.
    2D2 $1,253,000
    I thought stack 56 was fully sold. Is this a returned unit?

  7. #47

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    Quote Originally Posted by sginvestor View Post
    I thought stack 56 was fully sold. Is this a returned unit?
    Never give up if you choice unit is sold, this is where the agent can help you.

  8. #48

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    highest psf so far:

    PARK COLONIAL WOODLEIGH LANE Condominium 13 RCR 99 yrs lease commencing from 2017 New Sale 1 $1,297,000 - 635sq ft Strata 11 to 15 2,042psf Jul-18

    highest quantum so far:

    PARK COLONIAL WOODLEIGH LANE Condominium 13 RCR 99 yrs lease commencing from 2017 New Sale 1 $2,980,000 - 1,711sq ft Strata 11 to 15 1,741psf Jul-18

  9. #49

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    Attractive Indicative Price of Park Colonial

    1BR - From $792k (463sqft)
    1+Study - From $932K (506sqft)
    2 Classic - From $1.055m (570sqft to 635sqft)
    2 Deluxe - From $1.183M (635sqft to 678sqft)
    2+Study - From $1.2xxM (667sqft)
    2BR Dual Key - From $1.363M (743sqft)
    3BR - From $1.511M (915sqft to 980sqft)
    3BR Deluxe - From $1.649M (1012sqft to 1066sqft)
    4BR Classic - From $2.098M (1184sqft to 1249sqft)
    4BR Deluxe - From $2.259M (1367sqft to 1410sqft)
    5BR Luxury - From $2.78M (1712sqft)

    Prices and information on while stocks last basis

    For more information, refer to Park Colonial

    For more information on other nearby projects, refer to Potong Pasir / Woodleigh Condo

    Cantilevered Lap Pool
     

     
    Flower Garden
     

     
    Hammock



    Dining Pavilion


  10. #50

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    Caveats lodged hit 500 units sold.

  11. #51

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    Good News for waiter.

    1BR - increased by est 3%

    2 & 3BR - increased by est 1%

    No change in prices - 1BR stack 37, 1+S, 2C stack 59, 2DK, 2+S, 4BR & 5BR

    https://goo.gl/RyQDfa I would like more info about Park Colonial

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