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Thread: Clementiwoods (D5, 99 years leasehold, Frasers Centrepoint)

  1. #121
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    Quote Originally Posted by vincenthse88
    Owners of CW, when do you think the TOP will be? I know on paper it is stated Dec 2010, but some agents said it could even be a year earlier for projects like this. What are your views?

    I took a look at FCL website it saids that foundation work is still in progress.

  2. #122
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    Quote Originally Posted by cher
    I took a look at FCL website it saids that foundation work is still in progress.
    I don't think it is updated.

  3. #123
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    Quote Originally Posted by cher
    I took a look at FCL website it saids that foundation work is still in progress.
    Quote Originally Posted by vincenthse88
    I don't think it is updated.
    Sorry, it could be right. I was under the impression that foundation work has to be completed first before others start.

  4. #124
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    Thumbs down Any one compares the Caspian and ClementiWoods?

    Hi, the Caspian sells quite well these days. Any one can provide a comparison between ClementiWoods and Caspian in terms of location, price, and potential?

    Thanks.

  5. #125
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    Quote Originally Posted by Nicknan
    Hi, the Caspian sells quite well these days. Any one can provide a comparison between ClementiWoods and Caspian in terms of location, price, and potential?

    Thanks.
    I prefer Clementi Woods. I think the Lake development thing in Jurong is too hyped. Caspian is not beside the lake, it might never see the lake if the empty plot of land between it and the lake is developed. Beside that, it is next to a MRT track. Also, I don't know how Jurong is going to shed its industrial link. There are just too many factories and foreign talents + dormitories there.

    Good thing of Caspian compare to Clementi Woods is that it is right next to MRT, so if you don't drive, it is convenient. Else, nothing other good point compare to Clementi Woods.

    If you are attacted to the lake, better buy those on the other side(Jurong East). They are much better with the residential areas, Sci Centre and Jurong Country Club.

  6. #126
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    Default TOP of CW, WHEN??

    I agreed with many pple here questioning the promised early TOP at 2009 by the developer when they first launched the project. But judging from the progress of the construction now, it looks like it can only be completed at 2010. Could someone advise on this??

    Any hidden agenda behind the developer??

  7. #127
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    Quote Originally Posted by spn25
    I agreed with many pple here questioning the promised early TOP at 2009 by the developer when they first launched the project. But judging from the progress of the construction now, it looks like it can only be completed at 2010. Could someone advise on this??

    Any hidden agenda behind the developer??
    Correct me if I'm wrong, I think if possible they (developer) would also like to complete the project earlier right because they can then "realise" the revenue/profit for the financial year. It seems to me that the construction actually started quite late.

  8. #128
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    Quote Originally Posted by vincenthse88
    Correct me if I'm wrong, I think if possible they (developer) would also like to complete the project earlier right because they can then "realise" the revenue/profit for the financial year. It seems to me that the construction actually started quite late.
    Not necessary, the board of directors may decide to spread the earnings into 2010. Developer has many projects on hand. This is call earnings management and in addition, building cost may also go down further in the next few months.

  9. #129
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    Anyone know what is the launch price of Clementi woods studio units?

  10. #130
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    Quote Originally Posted by magdalene
    Anyone know what is the launch price of Clementi woods studio units?
    I think that is irrelevant, even in this economy no one is going to sell you at launch price.

  11. #131
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    Quote Originally Posted by cher
    I think that is irrelevant, even in this economy no one is going to sell you at launch price.
    correct... unless the buyer has finacial difficulties... if not, no way to sell at loss... better rent out or own stay.

  12. #132
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    Quote Originally Posted by cher
    I think that is irrelevant, even in this economy no one is going to sell you at launch price.
    I am just asking to do a comparison b/w nearby properties. Not expecting someone to sell me at launch price. please do not assume....

  13. #133
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    Quote Originally Posted by magdalene
    I am just asking to do a comparison b/w nearby properties. Not expecting someone to sell me at launch price. please do not assume....
    Mag, actually no one can fault you as buyers would want to buy as low as possible even looking at launch prices. I believed with the current bad situation, u will never know just someone out there is so desperate to cut loss and move on. I am also waiting for it to happen.

  14. #134
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    ok for those who think knowing the launch price is relevant - I've checked and it was launched at $525 on average in Jan07

  15. #135
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    Quote Originally Posted by magdalene
    ok for those who think knowing the launch price is relevant - I've checked and it was launched at $525 on average in Jan07
    thanks for the info

  16. #136
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    Quote Originally Posted by magdalene
    ok for those who think knowing the launch price is relevant - I've checked and it was launched at $525 on average in Jan07
    Mind god, at S$525, 1st owner still wants to dump at S$600+/psf. no wonder alot of people are telling me prices have not drop alot since the recession started which I still believe it is the case. I suppose the tug-of-war between the buyer and seller will continue on and on. But I believe with the supplies coming on stream within 2009 and 2010, prices will have to go down further when that happens.

  17. #137
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    Quote Originally Posted by teresa
    Mind god, at S$525, 1st owner still wants to dump at S$600+/psf. no wonder alot of people are telling me prices have not drop alot since the recession started which I still believe it is the case. I suppose the tug-of-war between the buyer and seller will continue on and on. But I believe with the supplies coming on stream within 2009 and 2010, prices will have to go down further when that happens.
    Yes. It's tug of war. If 1st owner buy at $525psf, he also need to pay stamp fee. To sell this unit, he still need to pay agent fee 1-2%. For a 1000sqft unit, he will earn about 50k. Not a lot of money but who don't want to make some gain. Unless he is desperate to get rid of the unit, otherwise there is no reason why he will sell at 525psf or lower.

  18. #138
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    Default Price Drop to $561psf

    Just saw the latest transacted price for a 1800sf unit in Mar 09 was $561 psf. About time Clementiwoods fall to Capsian's launch price level.

  19. #139
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    Quote Originally Posted by wqkl1
    Just saw the latest transacted price for a 1800sf unit in Mar 09 was $561 psf. About time Clementiwoods fall to Capsian's launch price level.
    i am just wondering ... if property falls to 2006 launch price .. does that mean Orchard road property will fall just the same ??

    then this would present a great opportunity for those with money and have missed the 2005-2006 boat ...?? cos the boat is back ..

  20. #140
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    Quote Originally Posted by wqkl1
    Just saw the latest transacted price for a 1800sf unit in Mar 09 was $561 psf. About time Clementiwoods fall to Capsian's launch price level.
    Just one transaction doesn't mean much. It could well be a "desperate" seller.

  21. #141
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    Default Big quantum

    Quote Originally Posted by wqkl1
    Just saw the latest transacted price for a 1800sf unit in Mar 09 was $561 psf. About time Clementiwoods fall to Capsian's launch price level.
    This could be because the floor area is big. For this even if psf is low quantum will be big. You think you can get studio or 2-3 bdrms at this price????

  22. #142
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    Can someone advise me if ground floor units that come with patio generally command a higher or lower price in terms of psf? Thanks.

  23. #143
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    Bro, boat already back for quite some times. Look around you sure can find good buy around. Not good feeling missing the boatman, I miss numbers of good deals in 05/06 too.

    Quote Originally Posted by proud owner
    i am just wondering ... if property falls to 2006 launch price .. does that mean Orchard road property will fall just the same ??

    then this would present a great opportunity for those with money and have missed the 2005-2006 boat ...?? cos the boat is back ..

  24. #144
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    Quote Originally Posted by vincenthse88
    Can someone advise me if ground floor units that come with patio generally command a higher or lower price in terms of psf? Thanks.
    Lower psf. Patio is consider almost free to developers.

  25. #145
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    Quote Originally Posted by Property_Owner
    Lower psf. Patio is consider almost free to developers.
    Thanks Property_Owner. That's my impression as well. An agent told me the seller pays a premium for the patio unit during launch, hence the higher asking price in the subsale/resale market. Not very honest agent.

  26. #146
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    Quote Originally Posted by vincenthse88
    Thanks Property_Owner. That's my impression as well. An agent told me the seller pays a premium for the patio unit during launch, hence the higher asking price in the subsale/resale market. Not very honest agent.
    To developers, not to have patio for ground floor unit is consider waste space. This = to waste income. Depending on the size of the patio, psf varies. Bigger patio=lower psf. How big is that unit? Built in size? Patio size? Do ask the agent to show you the launch price. It's his job, I always ask agents to do so, if not then no talk.

  27. #147
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    Quote Originally Posted by vincenthse88
    Thanks Property_Owner. That's my impression as well. An agent told me the seller pays a premium for the patio unit during launch, hence the higher asking price in the subsale/resale market. Not very honest agent.
    assuming the total space is 1500 sqft ... inside 1300 sqft and patio 200 sqft .. and assuming the psf for that project is 600 psf ..



    then the fair price will be (1300 x 600) + ( 200 x 300 )
    outside (unsheltered) space is half the actual psf

  28. #148
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    Quote Originally Posted by proud owner
    assuming the total space is 1500 sqft ... inside 1300 sqft and patio 200 sqft .. and assuming the psf for that project is 600 psf ..



    then the fair price will be (1300 x 600) + ( 200 x 300 )
    outside (unsheltered) space is half the actual psf
    I noticed that in subsale market, the prices do not necessarily correspond to that of developer. Eg for this project, we know that those facing the woods generally command higher prices in terms of psf, 2BR generally have higher psf than 3BR, etc....but when it comes down to subsale...all kinds of factors and formula apply.

  29. #149
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    I noticed that most ground floor units (facing the park) have relatively smaller PES area, eg. the total area for 4 bedder units: ground level is 1658, while the others are 1625, only a gap of 33 sf.



    Quote Originally Posted by vincenthse88
    I noticed that in subsale market, the prices do not necessarily correspond to that of developer. Eg for this project, we know that those facing the woods generally command higher prices in terms of psf, 2BR generally have higher psf than 3BR, etc....but when it comes down to subsale...all kinds of factors and formula apply.

  30. #150
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    Wink Who knows exactly the TOP date for CW?

    Hi, Some agents already told the potential buyers the ClementiWoods would be TOPed at end of 2009. Anyone can provide accurate information?

    I hope I can move in earlier.

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