Will be watching how well this condo sells as it will be indicative of the property mkt for this period of time
Just some observations. Was quite surprised that the developers actually priced it at $800+ psf given its location. The only selling point is the one-sided view of the reservoir. Been living near that area for over 5 years and can definitely say that the project is grossly overpriced. There are no nearby amenities, nearest is the Khatib central more than 2 bus stops away - a 15mins walk if u have legs the length of Elle Macpherson's. Stadium is no use since its facilities mirrored those within the condo. Reservoir only good for viewing, as only a handful of people ever walk that part of the park. Most of them go to the more central Yishun Park.
Unlike Yishun Sapphire/Emerald, these are at least walking distance to Sembawang Shopping Centre, and short bus rides to Northpoint. For The Estuary, it is stuck in the middle at the crossroad of Yishun and AMK, being far from Northpoint and AMK Hub. Only redeeming point is that it is a 5mins drive to SLE. So u should be able to reach town in 25mins on a normal day afternoon. If peak hour traffic, u should be able to reach town in perhaps 45mins to an hour.
But then I believe people will still buy. But then, they buy anything during this period of time...