Upper Bukit Timah is not bad.
But I personally abhor Maysprings due to its location and internal layout
Upper Bukit Timah is not bad.
But I personally abhor Maysprings due to its location and internal layout
Yeap, u are right....Originally Posted by zoros
Happy owner since about 2years ago..
Nice to know you anyway. I been in warren since TOP.Originally Posted by RacNic
Cashew Heights owners eye second shot
Azhar Khalid
TODAY
Monday, 12 April 2010
Owners of Cashew Heights condominium are planning to take a second shot at a collective sale after the first attempt fell through about 3 years ago.
Some 170 owners of the total 598 units in the estate signed a requisition on Saturday to hold an extra-ordinary general meeting (EGM) which will kick off the en-bloc sale process.
The date of the EGM has not been decided yet but the issues to be discussed include the formation of a sales committee, the appointment of a property consultant and lawyer, as well as considering the terms of the collective sale agreement (CSA).
This was disclosed in an unsigned letter sent to all owners on April 1 to seek their signatures for the requisition of an EGM.
According to a copy seen by MediaCorp, the letter said that "we are only at the initiation of the first step and we encourage and welcome all owners to attend the EGM when it is held and for those with relevant experience to step forward to serve."
To temper expectations, the letter also said that "Cashew Heights is a big project with a large plot of land and many owners and as such all matters pertaining to en bloc will have to move at a moderate speed unlike smaller projects".
Yet, the letter added that by starting the en bloc process early, the owners could perhaps catch the market peak when the deal is to be concluded.
While it is still early days to settle on a price, MediaCorp understands that some owners of larger-sized units in the condominium are already looking at payouts of close to $2 million each.
One owner, who lives in a 1,650 sqft unit and who wants to be known only as Mr Jeffrey, told MediaCorp,
"I'm already 60. If the price is right, in the $2 million plus bracket, I would love to sell and move on to a smaller unit in an HDB estate, continue to work part-time, kick back and relax."
Cashew Heights is a 999-year leasehold development located at Cashew Road in District 23, off Upper Bukit Timah Road. The first phase of the development was completed in 1985 and it was fully completed in 1992.
The resort-style condominium was developed by City Developments and comprises units with 2- and 3-bedrooms, and maisonettes. The unit sizes range from about 950 sqft to the bigger maisonette units which span about 1,900 sqft.
Analysts believe that while the en bloc process may be challenging, some are confident it will succeed this time round.
Mr Colin Tan, head of research and consultancy at Chesterton Suntec International, said: "Since this is the second time, the owners are more familiar with the en-bloc process and it can be successful now."
He also said there are owners in the estate which have not done major renovation works to their units for years in anticipation of a collective sale.
"They would be eager to agree to the collective sale if the price is right," Mr Tan said.
I drop by the warren few days ago and notice the building paintworks was not properly maintain. this project only exist few years and why the building so run down, it suppose to repaint after every 5 years right?Originally Posted by zoros
Originally Posted by sunrise
yeah all greenish rite...not necc some 10 yrs than get painted..depend on mgmt, mostly use sinking fund so buy those which just get painted if not sinking fund not enough owners have to co pay...
I think the management never do work after collecting the maintenance fees. same like the mrt.Originally Posted by peterng8
You interested to buy a unit there?Originally Posted by sunrise
price almost the same as micasa now leh...vis a vis size or psf..
may consider a resale unit after they finish the building paintwork haha..Originally Posted by Regulators
the location is much better than the micasa and rainforest. very near to the shops, mrt,bus interchange and highway.
Last edited by sunrise; 14-01-12 at 07:19.
Wrong. (No offend but seem like I'm fated with you..)Originally Posted by peterng8
BCA mandatory not more then 5 years. Less appeal.
http://www.bca.gov.sg/BMSM/bmsm_faqs.html#general_q20
20. How often do I have to paint my building?
Building owners are required to paint the external walls of their buildings at intervals of not more than five years. However, if the paintwork on your external walls is still in good condition after a period of five years, you may write to the Commissioner of Buildings for approval to delay the painting.
Loop hole.
Less TOP development which can take legal completion date so become 6-9 years.
Their agm coming and there are series of proposal for upgrading of facilities (eg commom toilet upgrade , landscaping etc). . My opinion is that the Place is quite will maintenance ...not too bad for a 6-7 year plus condo ..Originally Posted by sunrise
To me it seem good, now psf is about 700plus , the new ec over there is offering 700 plus also....
What I notices is the paintwork at the balcony external parapet is slightly greenish , seem like the when rain it get wet and these stack don face the sun will get these greenish algey stain ..Originally Posted by sunrise
That time when visit a unit, I also asked the agent to check how much they have in their fund but never get back to me... But base on the proposal for their agm, the fund seem sufficient..Originally Posted by peterng8
Anybody got a idea how much is the range of fund is considered healthy? Say min 3 mil for a 7-8 years condo? As is coming to 10 and waterproofing warranty is gonna to be due, these amount sufficient?
Originally Posted by apple3
well in that case, it definitely questionable about the conditions of exterior wall of warren(or bo cho kang someone?)... whatever cases, I am not going to co pay anything erelated to the painting cost LET say if JUST move in within a short period of time....
Last edited by peterng8; 15-01-12 at 11:10.
Originally Posted by zzz1
Should be sufficient...based on the place currently residing as an example...
Originally Posted by zzz1
take a look at mi casa...now it is negotiable too...it is new..warren is 6 to 7 yrs old...which has more upside acc to your opinion? or put it the other way..which one has more downside Risk?
yes..balcony and the surrounding walls color which is good for our eyes(green color good for eyes mah), night lamps spoilt, water features not working.... ..Originally Posted by zzz1
I had viewed micasa too, definitely a competition to Warren . Appreciate your pts...Originally Posted by peterng8
Seem like the condo manager not dong the job ....a quick fix is to complain to the mc chairman...this is the basic maintenance routine ...Originally Posted by peterng8
u mean showroom last time ? as it is going to TOP maybe somewhere this year only... price showhow close to warren and it is new ...warren price now is at high side for 7 years old place..by 2014 will be ten yrs whereas mi casa only 2 yrs...so price wise which will erode soon? I think u also know that very well...good luckOriginally Posted by zzz1
after the facelift (repainting work) the warren definite price better.Originally Posted by zzz1
this place have potential. info says to do re-painting on june this year.
just wait and see.
Originally Posted by sunrise
if like that, than northvale(also LH) which is over 10 yrs old, also got potential ...
MCL vs FEO, pretty obvious.Originally Posted by zzz1
Yet to comment on the distance to Lot 1 and pools.
Not really matters, but just FYI.Originally Posted by peterng8
Northvale is apartment status, not condominium status.
Warren is condominium status.
Yap , seen e show room..Originally Posted by peterng8
It was a matter of timing.
The age is a factor to note , that why.
I was there about 8 years ago, and it already looked quite run down.
what's the diff?Originally Posted by apple3
northvale is also well known for leaking roofing. also, it does not have a insulation (noise trap) inside the wall. so how to touch warren in terms of quality?Originally Posted by testtest
ummm.... what are the differences between apartment and condominium ??..
condominium has more facilities ??... northvale like have all the facilities...
in technical... what are the differences between apartment and condominium ??.. can help explain ??..
to me they looked the same...