sorry i couldnt resist this. couple mins downslope to mrt also means couple mins UPSLOPE from mrt.Originally Posted by gfoo
sorry i couldnt resist this. couple mins downslope to mrt also means couple mins UPSLOPE from mrt.Originally Posted by gfoo
can i get some advice?Originally Posted by proud owner
i live in a corner semi-detached. i am very tempted to reconstruct my house. was quoted 1.2mil. is it worth it (would new home increase by that value? )or should i just buy another property with the money
clearly developers r in "clear stock" mode, recent rights issue to beef up capital also suggests some are preparing to tahan for the long haulOriginally Posted by wqmai
then again lately there has been sporadic acquisition by smaller and new players like yi kai and fission group ~
i mentioned this not too long ago ... that if its all so rosy .. developers would be buying land and launching later ...Originally Posted by gfoo
and not like the current frenzy ... looks more like 'last chance to sell' ...
For Parc Imp ... now can liao .. think they tore down the screen so u can see clearly through the glass ... maybe can take pix if camera tt good ...Originally Posted by wumingwei
I went to peak@balmeg show room in Feb and was told that all 2 bedders were launched last year and sold all except 2 (which r recently sold). I didn't like the 2 units left but was interested if other available. went to show room the weekend b4 last and was told sold out. so confirmed no 2 bedders launched this time. Developer, agents and news report don't mention this unless u know already and ask. Yes the balcony huge so room small.Originally Posted by eng00701
Last edited by wumingwei; 06-07-09 at 10:45.
Agreed that they are in "clear stock" mode. However at what price they will clear? Like what I mentioned before, do you think they will clear stock at low prices unless there is really no buyers. No buyers will only happened if recession went into 3 to 5 yrs.Originally Posted by august
Anyway, the prices are really too high liao. If ask me to buy studio at $1250 psf at PP area, definitely I wont buy. Few month back, I would have gotten RV Suite @ river valley @ $1250psf. But due to budget constraints, did not get it. Too bad. Looking to build up my capital so that one day when the opportunity comes, I would get it.
Hi,Originally Posted by gfoo
I think I'm gonna disappoint you, as I am not as season as you thought. My replies to your 3 Qs are pretty simple and straight forward. I guess it's about right time, right place. I did not take into consideration the forseen correction taking place soon as I am looking at long term capital gain.
In today's context, Southbank may not be $1,000psf. For other units in D15, those less than $1,000psf are normally bigger units which cost over $800k, some even over one million, which is out of my budget consideration. Moreover, I like west are as I have been living in the west for over 15 years. I am alright rental yields may be a little less that monthly mortgage loan and maintenance fees as long as it finances more than a certain percentage of my monthly installment as I do not forsee that I will sell this unit very much sooner unless someone offered me an incredible price which is unlikely. What will you forsee the price of this development, or what will hapen in 10-20 years time? Will it depreciates in value?
One thing I strongly believe is, development near to MRT is key! I define near as in less than 5 minutes walk. Of course there are many other developments like Centris, Compass Heights, etc .. I prefer the tranquil area surounding Parc Imperial though traffic noises from the highway and PP road may be a nuisance.
One thing I strongly believe is, development near to MRT is key! I define near as in less than 5 minutes walk. Of course there are many other developments like Centris, Compass Heights, etc .. I prefer the tranquil area surounding Parc Imperial though traffic noises from the highway and PP road may be a nuisance.[/quote]
I Do agree with you on MRT which is <150M away. It will have a great chance to have good capital gain within 5 yrs. So far anyone can tell me any Freehold development around MRT that near.
As traffic noise highway is very common for any condos project even in the EAST like Bayview, SilverSea, Waterfront etc. they still attract buyers & investors even they are along the busy ECP.
Parc is near the future West coast station ...
ever look at FH 5-10 mins walk from Pasir Panjang Station ?
Pepys Hill condo ..
Fragrance Court
west point
landridge
Treasure place
Flynn park
island view
alll old FH condos .... very much quieter than Parc location ..and with amenities ...
and not more than 880 psf
the area is not tranquil. there are at least six bus routes that ply the PP area. 143, 51, 30, 10.... the list goes on. And the buses get very close to the site. I doubt you can sleep with the windows open. the highway is not just a nuisance. It is a serious threat in terms of noise and pollution. most vehicles that ply the highway are heavy duty ones. the diesel engines spew toxic fume and the noise can wake up even Sleeping Beauty.Originally Posted by Desperado1967
Originally Posted by stalingrad
now you are making him really worried sick ....hahahha
his is small studio rite? just on aircon lor, no noise liao ~Originally Posted by stalingrad
If u say of toxic fumes vechicle along highway, you are also saying from Stellar, blue horizon,Spectrum all the way along highway to Carribbean, Harbourview tower that this residence are getting it too. Why they is a rise in price for Carribean, even stellar past few month. And I felt that at the nite West Coast HW have less vechicle noise compare to ECP & many highway.Originally Posted by stalingrad
i personally think the noise from the highway is nothing compared to the noise from the Buses ...Originally Posted by PropertiesHunter
No, you are wrong. those condos at ECP are some distance from the highway, and the effect is less severe compared with developments along PP.Originally Posted by PropertiesHunter
Go check yourself by Google Earth. those condos along ECP are mostly 100 meters away from ECP. Your condo is only 20 to 30 meters away. and your condo is only 10 meters from PP.
Originally Posted by stalingrad
what u think will be the effect of the news ? about taxing capital gain of second prop sale within 4 yrs period ?
i feel prices will start to fall from here ...now ....
those will more than 3 props on hand will rush to sell before jan 2010 .. forcing valuation down ..
the effect is obvious. City development's shares went down almost 10% in the morning. haha!!Originally Posted by proud owner
You are talking about noise right it depend how you felt. there many landed and condos along PP too. I still think nearer to MRT is a better choice if for investment and rental.Originally Posted by stalingrad
Metropoltan command a high psf not that it can hear MRT or buses Surround sound, is about location and transport. Since most of them have air con in their room.
lol so cute. why do people still think having MRT clost to home is 'special'? Look at the MRT planning map in this forum http://forums.condosingapore.com/ima...re_mrt_mod.gif
MRTs will be within walking distance of everywhere! it's gonna be so common in 5 years time, that i think in time to come, not being close to an MRT will start carrying a premium (like 6th ave lol)
yap, high-class properties usually quite some distance from MRT (away from the mass crowd since these rich people drive, they don't take MRT). Near MRT means too noisy, too much human traffic flow.
Originally Posted by gfoo
That's because not everyone has the luxury of owning a car or for bigger families multiple cars or stay within walking distance to their work place. So I guess its not a concern to you cause you dont belong to any of these categories.Originally Posted by gfoo
But for poor heartlanders like me, being close to public transport ie MRT is of utmost concern since will rely heavily on it. Imagine having to squeeze in and out of a bus to change to mrt and do that two times a day times 365days a year you will see if it is indeed a concern.
But then again... I guess most privileged and more well to do people will go for quality of life i.e. staying in 6th ave vs convenience.
watched the news yesterday, those living in Bukit Timah landed dun like the idea of having MRT near their place :P I mean they are the rich ones prefer secluded area yet with the upcoming MRT disturbing their premium peace.Originally Posted by gfoo
Errr, sorry but i am neither rich or privileged lor. i also appreciate being close to public transport - the MRT under my place is a godsend, esp with the underground mall. Everyone is one way or another a heartlander (maybe except bt timah) - I also share the honglim heartlands area lorOriginally Posted by Autonomy
That's why we should all show our appreciation for our beloved MRT... for people without cars... its godsend and for people with cars... thank u for not creating for traffic congestions... long live the MRT! haha...Originally Posted by gfoo
I heard parcImperiaL official launch will be on coming Saturday ....
6th Ave is not good at all ..being the only road linking holland rd to bkt timah .. the traffic is bad .. an MRT shud ease the condition .. if i am a resident there ..who drives .. i will want an MRT to reduce the traffic so that i can drive with ease .. heheheOriginally Posted by Autonomy
a better location will be Old Holland Rd ..may have been a cemetery long ago .. but it truly is unique and a class of its own ..
gfoo is right .. in time to come ..i thot i read some place .. no one person has to walk more than 500m to the nearest MRT .. gosh .. thats too much too close .. BUY SMRT shares people
Originally Posted by Desperado1967
Dropped by PI just now....
lots of visitors.
sale status board showed already 80% ( my rough est) sold.
2BR - all gone.
a hefty $1300 psf or more if you want one!
show flat is 2 bedder or studio?
Originally Posted by august
2 types on display
one is a studio of size 346 sq ft. the display is open-concept. standing outside, you'll see the bed and the sofa at the head of the bed. to the right is a dining counter and the kitchen, toilet, bath.
the other could be a 3 bedder. the kitchen has room for only 2 persons. the bedroom appears small as well.
wondering if $1300 PSF is the norm for pasir panjang ( near haw paw villa end )?