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Thread: The Sterling

  1. #31

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    Quote Originally Posted by spikey69
    anyone looking at this condo lately...any indication of a do-able psf? seems like all the units have taken a step back to holding after the MRT station construction appeared right next to the tennis court and the railway track is supposed to disappear next year.
    i would think sterling is a good buy if it goes 11xx psf

    for some strange reason, maple woods is holding up its value very well compared to newer units

    can someone explain why THE NEXUS and TESSARINA despite being 10/6 years newer than maple seems to command the same or just slightly higher PSF?

    what do you guys think of NEXUS and TESSARINA

    maplewoods is run-down, gloomy, mosquito fested. pot holes appearing in the tiles and the car park has puddles of water 365/year

  2. #32

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    a number of sterling owners have withdrawn their units for sale and have put up residence on the sidelines to watch what happens as new potential buyers stream in after seeing the MRT at their doorstep AND after the govt announced that the railway would be removed...that means no more nuisance noise for those units in block 1001 and 1003 facing King Albert Park. I went to a viewing last weekend the cunning agent arranged for about 5 to 7 couples to view a unit with 5 agents AT THE SAME TIME...the unit was on 9th floor, blk 1001. Now asking for 1.98M when two mths ago, 1.8M could have sealed it.

    Maplewoods is the next nearest condo to the MRT (other than Casa Esperanza). Still very popular with expats as it has its own expat community, supermarket and cafe.

    Nexus prices seem to hold constant due to the crazy prices for Floridian, Jardin and Cascadia.

    Not touching Tessarina with a ten foot pole...unless that ten foot pole can magically make my cars float away during flash floods.

    Good luck to all those buying to put their daughters into MGS...already balloting two years ago at 1km...now with all these new condos...the chances will become even slimmer

  3. #33

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    so how abt casa esperanza? anyone has any opinions- very large units so very attractive to me but prices are too high..

  4. #34

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    too close to MRT is a strict NO NO
    in that aspect sterling can expect noise (not from train since its underground) but from masses of people utilising the MRT (school hours and wat not)

    maple is a good location but it is run down and seriously people will start to notice the cracks soon (i cant believe pple think maple is a good place to stay)

    blossomvale is over at dunearn with an entrace at sim darby to MRT
    might be a dark horse but again 10 year old condo, but surrounding area is more uncertain

    Nexus not many transactions, anyone knows why?

    Tessarina is D10 but too far to walk (past tan chong etc...)

    Cascadia/Flordian to pop up


    Oversupply or simply a hot spot?

  5. #35

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    Quote Originally Posted by mamum
    so how abt casa esperanza? anyone has any opinions- very large units so very attractive to me but prices are too high..
    casa has nothing unique about it except it has large units
    facade wise -> plain jane

  6. #36

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    Quote Originally Posted by leslens
    too close to MRT is a strict NO NO
    in that aspect sterling can expect noise (not from train since its underground) but from masses of people utilising the MRT (school hours and wat not)

    maple is a good location but it is run down and seriously people will start to notice the cracks soon (i cant believe pple think maple is a good place to stay)

    blossomvale is over at dunearn with an entrace at sim darby to MRT
    might be a dark horse but again 10 year old condo, but surrounding area is more uncertain

    Nexus not many transactions, anyone knows why?

    Tessarina is D10 but too far to walk (past tan chong etc...)

    Cascadia/Flordian to pop up


    Oversupply or simply a hot spot?
    Very hard to find freehold property next to MRT nowadays...and if found, it will usually cost a bomb. Also, exclusivity is impt...no HDBs in the area, so there is some 'exclusiveness'.

    Blossomvale is indeed a dark horse. Some units do have a private lift but it is on the other side of the road.

    Nexus units are probably not going well because of all the construction from Floridian and the upcoming Cascadia. Who wants to stay in a condo surrounded by noisy construction sites (which tenant would want to stay there too?)

  7. #37

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    Quote Originally Posted by spikey69
    Very hard to find freehold property next to MRT nowadays...and if found, it will usually cost a bomb. Also, exclusivity is impt...no HDBs in the area, so there is some 'exclusiveness'.

    Blossomvale is indeed a dark horse. Some units do have a private lift but it is on the other side of the road.

    Nexus units are probably not going well because of all the construction from Floridian and the upcoming Cascadia. Who wants to stay in a condo surrounded by noisy construction sites (which tenant would want to stay there too?)
    Floridian is actually a nice project far better than cascadia, too bad about the pricing

    Sterling looks interesting i must agree

    anyone else looking around this area? from the poor response from cascadia i would expect prices to fall a little in the next 6 months as they have already

  8. #38

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    has prices already fallen? doesn't feel like it. i also feel floridian is a superior project to cascadia. but the combination of higher sq ft and higher psf makes cascadia significantly "more affordable".

    tessarina is indeed a no-no thanks to the flood problem. Perhaps Nexus makes a good long term buy then since its lagging because of temporary factors (2 to 3 years more of construction at floridian?)


    Quote Originally Posted by leslens
    Floridian is actually a nice project far better than cascadia, too bad about the pricing

    Sterling looks interesting i must agree

    anyone else looking around this area? from the poor response from cascadia i would expect prices to fall a little in the next 6 months as they have already

  9. #39

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    Quote Originally Posted by bargain hunter
    has prices already fallen? doesn't feel like it. i also feel floridian is a superior project to cascadia. but the combination of higher sq ft and higher psf makes cascadia significantly "more affordable".

    tessarina is indeed a no-no thanks to the flood problem. Perhaps Nexus makes a good long term buy then since its lagging because of temporary factors (2 to 3 years more of construction at floridian?)
    even after 3 years of construction (v long time 3 years not 3 months), NEXUS is surrounded by

    1. bukit timah road (no, no)
    2. cascadia
    3. entrance of floridian

    not ideal at all....

    best facing is pool views but those are 3 br and above 1300 square feet

    prices haven fallen if you have been aggressive enough to notice..
    units have not been sold for 2-3 months and owners are lettin up

  10. #40

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    Quote Originally Posted by leslens
    even after 3 years of construction (v long time 3 years not 3 months), NEXUS is surrounded by

    1. bukit timah road (no, no)
    2. cascadia
    3. entrance of floridian

    not ideal at all....

    best facing is pool views but those are 3 br and above 1300 square feet

    prices haven fallen if you have been aggressive enough to notice..
    units have not been sold for 2-3 months and owners are lettin up
    Floridian is now transacting around $1350 psf, down from $1450 whilst Blossomvale, Maplewoods, Sterling and Nexus are about $1100 to $1250.

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