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Thread: Hundred Trees (Former Hong Leong Garden @West Coast Drive)

  1. #61
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    Expats like it new... and will congregate and disappear at about the same time.. group herd mentality... pay top dollar... so expect more for the buck...

    Therefore, they will move around in D5 to the just TOP projects till the next one comes along... Once they were at Blue Horizon... but more at Varsity Park now... Next is?

  2. #62
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    Quote Originally Posted by bargain hunter
    but still correct right? 3k is cash + cpf? so its "affordable"?
    If they rent it out at 3.5k, the mortgage will take care of the loan of 3k+maintenance. So very affordable. Issue is coming up with the initial 230k or so. Playing this game needs relative long holding.

  3. #63
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    Not to forget risk of top up calls... if ever happen

    Loss of income... single or both

    Emergencies...

    If have $50k to $100k after the down payment, it is more comfortable.

  4. #64
    xebay11 is offline New Launch Project Specialist
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    Quote Originally Posted by Condorich
    Expats like it new... and will congregate and disappear at about the same time.. group herd mentality... pay top dollar... so expect more for the buck...

    Therefore, they will move around in D5 to the just TOP projects till the next one comes along... Once they were at Blue Horizon... but more at Varsity Park now... Next is?
    Yes, this is especially true if the location is inaccessible like all the West Coast Developments, if something newer or more accessible comes along the Ang Mos would leave in droves.

  5. #65
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    Quote Originally Posted by Condorich
    Not to forget risk of top up calls... if ever happen

    Loss of income... single or both

    Emergencies...

    If have $50k to $100k after the down payment, it is more comfortable.
    If you want to buy as an investment property, you need to look at 1 person losing the job. If you look at 2 losing the job, my suggestion is stay out of property investment. Your risk taking is just not there. As to having 50k as buffer, I agree to a certain extend. Sometimes, by the time you accumulate an additional 50-100k, prices would have shot up and your borrowing time frame will be less. Every investment involves risks, so do your own homework and determine what level of risk you can take. For me, I personally feel property is less risky than stocks because I am very familiar with the property market having dabbled in it for the past 14 years.

  6. #66
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    Well said...

    Some young couple did stretch it all out for a FH landed costing around 750k in changi earlier 1990's..... the prices had shoot up greatly and their income has risen too... (They are on the right side)

    Some did not stretch all the way but still lose out... bankrupt...

    Opportunity cost of money is what you need to consider... work the sums right and do take the assumption of at least one income earner is lost. If you have other resources... they need not necessarily be in cash.

    It all depends on your risk appetite...

  7. #67
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    Quote Originally Posted by chestnut
    If you look at 2 losing the job, my suggestion is stay out of property investment. Your risk taking is just not there. As to having 50k as buffer, I agree to a certain extend. Sometimes, by the time you accumulate an additional 50-100k, prices would have shot up and your borrowing time frame will be less. Every investment involves risks, so do your own homework and determine what level of risk you can take.
    Excellent post ! Chestnut please post more. Bring some fresh air to this forum

  8. #68
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    I got an email from an agent saying it will be launch end sept with indicative price 950-980psf.

  9. #69
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    Hmmm...Trevista and 100trees almost same price of ~$1000psf. AMK $1200psf. Etc, etc, etc. This is the new benchmark pricing for mass mkt condos in suburbia. This makes all those new condos priced up to $800psf look "fair and affordable" or even "cheap".

  10. #70
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    Quote Originally Posted by greenhorn
    Hmmm...Trevista and 100trees almost same price of ~$1000psf. AMK $1200psf. Etc, etc, etc. This is the new benchmark pricing for mass mkt condos in suburbia. This makes all those new condos priced up to $800psf look "fair and affordable" or even "cheap".
    The price of completed projects are correlated to a certain extent to the price of new development being sold... both goes up or down in the same direction together generally.

    Market can go up and go down... the bulk of the deals done at a certain level will be a new benchmark. The baseline is a perception price.. and I do agree with you. The baseline price will be increased when new projects are getting more expansive. Simply by the reasoning of replacement cost. Sell high, can take profit. But if have to buy a replacement property... then it is likely to be a case of not much profit.

  11. #71
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    Quote Originally Posted by Lucas
    I got an email from an agent saying it will be launch end sept with indicative price 950-980psf.
    wow at this price, seems not a good deal.
    Along AYE expressway will be very noisy, not near MRT, no food, no shopping mall around that area....

  12. #72
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    dun be so mean to him. He must be happy 100 trees launching so high.

  13. #73
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    compared with hundred trees, carabelle is a bargain:

    RIVATE Condo
    CARABELLE
    5
    9.05
    5.7
    0
    1302
    $828
    $1,041k Aug-09

    61 West Coast Way #12-19
    956 Yrs From 27/05/1928
    $798
    2067
    $1650k
    14 Aug 09
    51 West Coast Way #05-02
    956 Yrs From 27/05/1928
    $867
    883
    $765k
    11 Aug 09
    57 West Coast Way #03-10
    956 Yrs From 27/05/1928
    $800
    1302
    $1041k
    11 Aug 09
    57 West Coast Way #04-13
    956 Yrs From 27/05/1928
    $845
    947
    $800k
    06 Aug 0

  14. #74
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    he is happy but wonder why he posted a jumble of carabelle caveats below your post. looks like a big mess of numbers.

    Quote Originally Posted by Property_Owner
    dun be so mean to him. He must be happy 100 trees launching so high.

  15. #75
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    Quote Originally Posted by bargain hunter
    he is happy but wonder why he posted a jumble of carabelle caveats below your post. looks like a big mess of numbers.
    In your head there is a bigger mess of numbers. In your head there is an even bigger mess of tofu.

  16. #76
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    if u feel insulted by a mess of tofu, i wonder what that makes u. i always wonder why u go to rivergate thread and keep talking it down but keep talking up carabelle just because u stay there. that's hardly being objective.

    talking about a shopping hub in hong leong gardens is so far fetched.


    Quote Originally Posted by stalingrad
    In your head there is a bigger mess of numbers. In your head there is an even bigger mess of tofu.

  17. #77
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    Quote Originally Posted by bargain hunter
    if u feel insulted by a mess of tofu, i wonder what that makes u. i always wonder why u go to rivergate thread and keep talking it down but keep talking up carabelle just because u stay there. that's hardly being objective.

    talking about a shopping hub in hong leong gardens is so far fetched.
    I did not try to talk down rivergate. I was telling you to sell you unit before you get declared a bankrupt. I was doing you a favor. you ingrate!!!

    I did not try to talk up carabelle. I was telling the truth. when I don't know I will confess. for example, I said I didn't know it is easy to rent or not. I was totally objective, unlike you little moron.

  18. #78
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    huh? i don't even own a unit at rivergate. obviously your advise there to potential buyers were wrong and caused them to miss a good buying opportunity.

    your behaviour is very strange. there is no need for name calling.


    Quote Originally Posted by stalingrad
    I did not try to talk down rivergate. I was telling you to sell you unit before you get declared a bankrupt. I was doing you a favor. you ingrate!!!

    I did not try to talk up carabelle. I was telling the truth. when I don't know I will confess. for example, I said I didn't know it is easy to rent or not. I was totally objective, unlike you little moron.

  19. #79
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    Let me talk about how Good Hundred Trees are,

    8mins to Clementi MRT & Future Clementi Shopping centre walk. 3mins walk to nearest bustop at AYE. 85% shelther.

    Shop & food at 2 mins walk.

    Clementi centre shopping.

    4 pri school within 1KM including Nan Hwa.

    CDL is the developer. Look at Botannia one of the best among here at west coast. And trust me S**** will disagree.

  20. #80
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    Quote Originally Posted by PropertiesHunter
    Let me talk about how Good Hundred Trees are,

    8mins to Clementi MRT & Future Clementi Shopping centre walk. 3mins walk to nearest bustop at AYE. 85% shelther.

    Shop & food at 2 mins walk.

    Clementi centre shopping.

    4 pri school within 1KM including Nan Hwa.

    CDL is the developer. Look at Botannia one of the best among here at west coast. And trust me S**** will disagree.
    why should i disagree? but is botannia so much better that one should pay 720 psf vs. less than 600 psf at launch time? we said no and bought carablle. now look at the prices that these condos are now fetching, almost identical.

  21. #81
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    Both Carabelle and Botannia are terrible. Alot of sellers but no buyers!

  22. #82
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    Quote Originally Posted by julim
    Both Carabelle and Botannia are terrible. Alot of sellers but no buyers!
    The price and no of units sold at hundred trees will be a good guage of the price and no of buyers for that locality. Verdict in 1 month plus time

  23. #83
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    Quote Originally Posted by stalingrad
    why should i disagree? but is botannia so much better that one should pay 720 psf vs. less than 600 psf at launch time? we said no and bought carablle. now look at the prices that these condos are now fetching, almost identical.
    S**** Sir wooh immediate respond. I did not say anything bad about carabelle, I only say something good about Hundred trees & Botannia.

    By the way can you say something bad about Carabelle that we should NOT buy since u already give special comments about the rest project.

    I think a negative comment about Carabelle from you will be precious.

    Cheers

  24. #84
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    Quote Originally Posted by PropertiesHunter
    S**** Sir wooh immediate respond. I did not say anything bad about carabelle, I only say something good about Hundred trees & Botannia.

    By the way can you say something bad about Carabelle that we should NOT buy since u already give special comments about the rest project.

    I think a negative comment about Carabelle from you will be precious.

    Cheers
    there is nothing wrong, honestly. except for the bay windows and large balconies, which take away living space. both my kids and my wife love this place. it is also very quiet, at least our unit is very quiet.

  25. #85
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    Quote Originally Posted by stalingrad
    there is nothing wrong, honestly. except for the bay windows and large balconies, which take away living space. both my kids and my wife love this place. it is also very quiet, at least our unit is very quiet.

    SO i can tell you Botannia one thing I dont like is too Big land scape take slightly longer time for me to get from A to B. The rest is perfect, but too bad my wife like to stay inside city OR AT LEAST NEAR CITY WITH MRT. So I SOLD my units.

  26. #86
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    Default Seller back-out after signing OTP

    Hi, I have just bought a unit at carabelle but the seller now wants to back out after signing the OTP. I have already applied and got bank loan and has arrange to meet the lawyer on monday to exercise the OTP and pay the remaining 4%. Please advise what should I do now? Maybe the seller wants to hold out for higher price now that 100 trees is launching at higher psf.

  27. #87
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    Quote Originally Posted by xebay11
    Yes, this is especially true if the location is inaccessible like all the West Coast Developments, if something newer or more accessible comes along the Ang Mos would leave in droves.
    this may be true but the fact remains they still stay in west coast ..

    ang mohs have a liking for the kumpongness of west coast ..the greenery ..

    look at pasir panjang hill , kent ridge etc .. so many ang mohs

    go to Harry's at night at PP Village ..all the pubs, restuarants ..all ang mohs ..


    so they like the location more , than the newness of the condo

  28. #88
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    Quote Originally Posted by NK
    Hi, I have just bought a unit at carabelle but the seller now wants to back out after signing the OTP. I have already applied and got bank loan and has arrange to meet the lawyer on monday to exercise the OTP and pay the remaining 4%. Please advise what should I do now? Maybe the seller wants to hold out for higher price now that 100 trees is launching at higher psf.
    can seller do that after signing ?

    my understanding is ..once the sign OTP, its a done deal .. seller cannot back out .. buyer on the other hand still cant ..just lose the deposit..


    talk to your lawyer ...

  29. #89
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    Default Depends

    Quote Originally Posted by proud owner
    can seller do that after signing ?

    my understanding is ..once the sign OTP, its a done deal .. seller cannot back out .. buyer on the other hand still cant ..just lose the deposit..


    talk to your lawyer ...

    That depends on whether has the seller bank in your 1% cheque. If the seller has and the cheque clears, than he can't back out if not you can sue him/her. But if the seller has not bank in the cheque than it is debatable.

  30. #90
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    Quote Originally Posted by proud owner
    can seller do that after signing ?

    my understanding is ..once the sign OTP, its a done deal .. seller cannot back out .. buyer on the other hand still cant ..just lose the deposit..


    talk to your lawyer ...

    I also thought so too that seller cannot backout now. Then I should just press ahead to exercise OTP and seller got no choice, LL but to sell. His agent tried to persuade me by saying he has not cash in the 1% option fee and wants to return cheque and also willing to offer additional compensation. Not sure why the agent wants to help seller do that since most agents would want to close the deal and earn the commission quickly. My wife is very angry as we have been hunting for a unit for a long time and finally bite the bullet and pay for the unit despite prices having gone up easily 20% from a few months back. We dont want to go thru another round of hse hunting and finding sellers keep upping the prices.

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