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Thread: The Garden Residences @ Serangoon North Ave 1

  1. #1

    Default The Garden Residences @ Serangoon North Ave 1

    Facebook group - The Garden Residences @ Serangoon North Ave1 D19 - https://www.facebook.com/groups/160135391335474/

    Mirco site - http://r057844h-87821025.push.sg/





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    https://bit.ly/2I017Ol


  2. #2
    Junior
    Join Date
    Oct 2012
    Posts
    1,124

    Default

    Got to make it big. Otherwise how to sell above $1700psf.


  3. #3

    Default

    Quote Originally Posted by star View Post
    Got to make it big. Otherwise how to sell above $1700psf.
    Only small than can sell at 1700 psf.

    In fact URA already give one ball to developer to build small unit since 2012.

    https://www.ura.gov.sg/-/media/User%...2-13.pdf?la=en

    Maximum number of DUs per development ≤ ( MP Allowable GPR x Site Area ) / 70 sqm

    1 The number of completed shoebox units by end-2015 was estimated based on the number of shoebox units (i.e. units 50 sqm or smaller) in the pipeline that have been sold as at 2Q2012.
    2 Not applicable to HDB flats.
    3 Including Executive Condominium.
    4 Excludes bonus GFA


  4. #4

    Default

    Property developers have been bidding sky-high prices for land, especially with the recent collective sale frenzy, and I fully concur with the view of Madam Kwok So Ha (Singapore must not give in to profit-driven developers; April 28).

    In order to make good profits while keeping overall apartment prices affordable, sizes of flats have suffered, shrinking drastically from just 10 years ago.

    Three-bedroom apartments have shrank from an average of 1,200 sq ft to just 900 sq ft now, while two-bedroom apartments have declined from 800 sq ft to 600 sq ft or less.

    One may argue that it is a "willing buyer, willing seller" market, so one can walk away from unappealing apartments on offer.

    But in reality, the Singapore property market is an oligopoly with just a few big players offering similar products, so there are no real choices when it comes to purchasing new properties.

    The way of Hong Kong, with its pigeonhole houses, is definitely not where we want to go.

    I strongly urge the Urban Redevelopment Authority to look into addressing this undesirable situation urgently.

    Hong Chee Meng

    https://www.straitstimes.com/forum/l...ime=1525308045


  5. #5
    Junior
    Join Date
    Oct 2012
    Posts
    1,124

    Default

    Quote Originally Posted by Arcachon View Post
    Only small than can sell at 1700 psf.

    In fact URA already give one ball to developer to build small unit since 2012.

    https://www.ura.gov.sg/-/media/User%...2-13.pdf?la=en

    Maximum number of DUs per development ≤ ( MP Allowable GPR x Site Area ) / 70 sqm

    1 The number of completed shoebox units by end-2015 was estimated based on the number of shoebox units (i.e. units 50 sqm or smaller) in the pipeline that have been sold as at 2Q2012.
    2 Not applicable to HDB flats.
    3 Including Executive Condominium.
    4 Excludes bonus GFA
    I mean big in term of advertising. It will be hard sell. $1700psf even if build 600sqft for two bedroom will be selling at $1.02m. Unless they give away car for every unit purchased otherwise it will be tough to sell. Actually car without COE is quite cheap to give away.


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