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Thread: Seven Palms (D4, 99 years leasehold, SC Global)

  1. #41
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    Quote Originally Posted by jlrx
    Ohhh ... Now I understand.

    My car is also very "no-value-for-money", but not as bad as yours.

    ..........
    ..........

    Now that I get the hang of it, next time I'll try to work out another table on "value-for-money" for properties.
    Wah lau erh!

    If I was 14 years younger, I would have copy and submit your thesis for my NBA project.

    Err ... actually, I was just simply saying:
    "I examine value-for-money on my purchase now because I am not there yet. If I am there, I would simply buy the things I like and not worry too much about its value.
    For example, Equus may be a better car (in terms of features, quietness, etc.) than LS, but I may just buy Conti SP because I like it"


    Can don't come up with so many figures? I'm quite scare!

  2. #42
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    Ok! No more figures and NBA, how about barcharts and philosophy (PhD)?

    Let's analyse why Seven Palms is so expensive, when there are so many beautiful beachfront homes in the world selling at a fraction of its price?

    Look at the chart below (from the marketing website of Desaru beach villas) ...

    Bar graph showing comparable 4-bed villa prices




    The reason why Seven Palms is so expensive is because ... it is so expensive !!!

    This is the greatest philosophy of all times !!!

    Look at the conversation above between orange and gfoo,

    Quote Originally Posted by gfoo
    Quote Originally Posted by orange
    The 335 to me was meant to be a luxury GT straight from the factory, not a hardcore track car. why mess with the engine management and turbo boost. don't be cheapskate and buy a 911 turbo already! anyway, back to condos.
    wahh... orange you rich mah...
    Do you think gfoo will say "wahh... orange you rich mah..." if orange lives in the US where a BMW 335i costs just USD 49,100 (S$ 68,740) instead of S$ 275,800 here in Singapore?

    So what you are paying for (whether Seven Palms or 335i) is the admiration and respect of others.

    Try saying ...

    "Seven Palms to me was meant to be a luxury weekend getaway from the stress of work, not a home ... "

    versus

    "Desaru to me was meant to be a luxury weekend getaway from the stress of work, not a home ... "

    So the value of Seven Palms is in its price and the more expensive it gets, the more valuable it becomes !!!

  3. #43

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    So the correct ... properties are not homogeneous pdts.

  4. #44
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    Wa.. then must mentioned the specific home more often in conversation..
    If not.. nobody know.. coz most will just mention I live in Sentosa ...and people will say..Wa.. u rich..

  5. #45
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    Actually i got my car for much less. It is a PI car and yes, paid in full. Low depreciation for a car like this. And am enjoying every min of it.

  6. #46
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    I think that price paid for cars and homes should be pegged to one's total cash asset. What should be the proportion? Don't talk about salary cos that's future income.

  7. #47
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    Quote Originally Posted by orange
    Actually i got my car for much less. It is a PI car and yes, paid in full. Low depreciation for a car like this. And am enjoying every min of it.
    With 5 years warranty?
    Did they increase the price after you told them you are paying in cash?

  8. #48
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    Quote Originally Posted by orange
    Actually i got my car for much less. It is a PI car and yes, paid in full. Low depreciation for a car like this. And am enjoying every min of it.
    Smart move!
    I will get my car from PI next time too.. Don't feel any difference in service or delivery standards buying from Authorized Dealer..

    Might as well save the money and buy from PI.

  9. #49
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    Quote Originally Posted by focus
    Smart move!
    I will get my car from PI next time too.. Don't feel any difference in service or delivery standards buying from Authorized Dealer..

    Might as well save the money and buy from PI.
    Beside higher specs, PI also gives 5 year warranty based on servicing at Delgro workshop.

  10. #50
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    depends on which car you buy.

    normal inline 6 or non FI engines any PI also can - all use KATC warranty anyways.

    but cabrios and stuff that needs more specialized, harder to get parts, please think twice. e.g. the N54 is famous for HPFP failures, and PIs are last in line to parts replacements.

  11. #51
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    Quote Originally Posted by gfoo
    depends on which car you buy.

    normal inline 6 or non FI engines any PI also can - all use KATC warranty anyways.

    but cabrios and stuff that needs more specialized, harder to get parts, please think twice. e.g. the N54 is famous for HPFP failures, and PIs are last in line to parts replacements.
    Err ... you mean 135i, 335i, 535i, 635i, 740i, etc. can suffer from HPFP failures?

  12. #52
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    Quote Originally Posted by mr funny
    http://www.businesstimes.com.sg/sub/...45540,00.html?

    Published October 7, 2009

    Seven Palms smashes price records at Sentosa Cove

    SC Global sells units at $3,100-$3,400 psf at the exclusive 4-storey project

    ..........
    ..........
    Will Seven Palms record sail down as history soon?
    Let's watch.

    Quote Originally Posted by The Sail, The Sail @ Marina Bay, 3 hours ago
    a stack 3 unit was ... sold at $2699 psf in September ...
    ... slowly but surely crawing towards $3000 psf again
    Quote Originally Posted by Reporter, The Sail @ Marina Bay, 45 minutes ago
    Oh my goodness!

    The Sail resale has hit $2,699 psf in September?

    Wow! Congratulations!

  13. #53
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    Quote Originally Posted by kane
    from a views perspective, singapore's strength isn't in sea view. that's all.
    Will they see Singapore's strength?

    Quote Originally Posted by AFP

    China’s billionaires rise to 130 despite global crisis
    Allison Jackson
    Agence France-Presse
    Tuesday, 13 October 2009



    Car battery tycoon Wang Chuanfu topped a new list of China’s 1,000 richest people released Tuesday, which has 130 billionaires in an emphatic declaration of the Asian giant’s economic arrival.

    Most of the super-wealthy on the Hurun Rich List, unlike Wang, made their fortunes in the property and stock markets – the focus of Beijing’s massive government stimulus efforts over the past year.

    China’s wealth is growing at breakneck speed,” Rupert Hoogewerf, the founder of the Shanghai-based Hurun Report which publishes the annual list, told a press conference.

    “You can double the real number of billionaires in China to 260. There are still a large number of billionaires off the radar screens, managing to build up substantial wealth away from the public spotlight from property, the stock market and investments.”

    Wang, the founder of rechargeable battery and electric car maker BYD, leapt 102 places to top the rich list after his fortune increased more than five-fold to 5.1 billion US dollars ($7.1 billion), said Hoogewerf.

    The rich list gained 180 new members – despite the entry criteria for the latest list rising by 50% to 150 million US dollars.

    Seven people moved into the top 10, in the biggest shake-up since the report started publishing the rich list in 1999.

    Last year’s richest man, Huang Guangyu, who made his fortune building up the nation’s largest electrical appliance chain Gome, slipped to the 17th spot after he was detained late last year on suspicion of market manipulation.

    Du Shuanghua, last year’s second-richest person, plunged 39 places to 41 as he battled a state-owned company for control of Shandong-based private steel manufacturer Rizhao Steel.

    “Since our 2004 list, we have seen a ten-fold increase in the number of individuals with personal wealth of at least 150 million dollars,” said Hoogewerf.

    “In 2004, we could only find 100 individuals with 150 million, whereas this year, we managed to find 1,000 individuals with 150 million.”

    Rebounding capital markets and property prices pushed the collective net worth of the 1,000 richest people in China to 571 billion dollars by September 15 of this year, from 439 billion US dollars last year, the report found.

    Zhang Yin, the woman who founded paper-recycling company Nine Dragons Paper and China’s richest person in 2006, was in second place.

    Zhang was one of 102 women on the list – up from 88 last year and accounting for 10.2% of the total.

    “Significantly, all are self-made, a remarkably high percentage compared with their Western counterparts. Chinese women now lead the world’s richest self-made women,” the report said.

    Among the new people in the top 10 were husband and wife Huang Wei and Li Ping, who shot up 23 spots to fifth place through their 71% stake in Shanghai-listed property developer Xinhu Zhongbao.

    Shares in Xinhu Zhongbao had surged 265% to 12.5 yuan in early September from 4.7 yuan a year ago, the report said, reflecting strong gains in the Chinese stock market.

    Zhongwang Holdings chairman Liu Zhongtian moved into 10th place with 4.1 billion US dollars after the aluminium manufacturer raised 1.3 billion US dollars through an initial public offering earlier this year.

  14. #54
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    Quote Originally Posted by Reporter
    Err ... you mean 135i, 335i, 535i, 635i, 740i, etc. can suffer from HPFP failures?
    the 740i is an N54B (2nd gen) so maybe that's fixed. but yes, hpfp failure is prevalent on all 1st gen N54s

  15. #55

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    Quote Originally Posted by gfoo
    the 740i is an N54B (2nd gen) so maybe that's fixed. but yes, hpfp failure is prevalent on all 1st gen N54s
    So the 335? Is it first gen?

    Hey Orange, can PM me the details of your purchase?

  16. #56
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    Quote Originally Posted by gfoo
    the 740i is an N54B (2nd gen) so maybe that's fixed. but yes, hpfp failure is prevalent on all 1st gen N54s
    Quote Originally Posted by echotrain
    So the 335? Is it first gen?

    Hey Orange, can PM me the details of your purchase?
    I think N54 manufactured from 2008 onwards are the 2nd generation ones.

    Anyway, all N54 (3.0 Bi Turbo) in 35i (e.g. X5 xDrive35i, 535i, 335i, etc.) will be replaced by N55 (3.0 Single Turbo) soon, starting from the next-generation 535i.

    N54 will only be available in 40i (e.g. 740i) by then.

  17. #57
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    Quote Originally Posted by orange
    I think that price paid for cars and homes should be pegged to one's total cash asset. What should be the proportion? Don't talk about salary cos that's future income.
    Total "cash asset" or total "net asset"?

    What if a person's assets are mainly in properties and very little cash?

    I think cars should not make up more than 5% of a person's networth. They are just for fun.

    Quote Originally Posted by focus
    Smart move!
    I will get my car from PI next time too.. Don't feel any difference in service or delivery standards buying from Authorized Dealer..

    Might as well save the money and buy from PI.
    But PI cars don't have that label behind e.g. Cycle & Carriage or Performance Motors ... then people will know it's from PI. How?

    Quote Originally Posted by Reporter

    Will Seven Palms record sail down as history soon?
    Let's watch.

    The Sail @ Marina Bay, 3 hours ago
    a stack 3 unit was ... sold at $2699 psf in September ...
    ... slowly but surely crawing towards $3000 psf again
    Quote Originally Posted by Reporter
    The Sail @ Marina Bay, 45 minutes ago
    Oh my goodness!

    The Sail resale has hit $2,699 psf in September?

    Wow! Congratulations!
    Reporter is a bit slow this time ...

    The Sail @ Marina #61-04 at 2, Marina Boulevard

    Transacted on 18/09/2009

    936 sf @ $2,850 psf for $2,667,600

    Originally bought on 24/11/2004

    936 sf @ $1,051 psf for $983,340

  18. #58

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    the 335i is small fry

    check this out

    http://www.topgear.com/uk/car-news/d...SLS-2009-10-13

    New car news



    13 October 2009 - 10:00
    SLS: back in Black?

    Now you've had a good long look at the Merc SLS - and if you haven't, may we humbly recommend the new issue of Top Gear magazine, which features an exclusive shoot with the gullwinged supercar - surely your thoughts are now turning to the Really Hot Version. The Black Series.

    Having already created harder, faster, nastier versions of the SLK, CLK and the SL, the evil Dr Frankenblack will soon turn his scalpel to the SLS. The gullwinged Black Series is expected to arrive some time in 2011, and here's what it might look like in ready-to-race form.

    This isn't, we should stress, an official Mercedes image, but instead a rendering from most excellent photographer-designer-chap and Friend of Top Gear, Sytse Djikstra.

    Taking the SLS's block-nosed silhouette and adding a fat bodykit, side-exit exhausts and proper racing bits including a roll cage, massive rear wing and, er, lots of stickers, we reckon it looks mighty fine. What do you think?

    And, just as importantly, what will it be powered by? The stock SLS, remember, sees Merc's 6.2-litre V8 putting out 571bhp, while the CLK Black Series gets the same engine in 530bhp form, which plainly won't do.

    The SL Black Series gets a far more appropriate 6.0-litre twin-turbo V12 putting out around 670bhp, which still sounds just a little bit modest for the ultimate AMG.

    What would you like to see under that long, long Black Series bonnet?
    Now watch Clarkson thrash the awesome CLK63 AMG Black:

    //'); //]]>

  19. #59
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    i tot we were gonna stop going off topic hehe. mine's 2008 bought in 2009, new old stock, the PI was desperate. non DCT.

  20. #60
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    i have no idea whether it's the older or 'new' engine. omv is 50+k. echo what u wanna know?

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