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Thread: The Minton (D19, 99 years leasehold, Kheng Leong)

  1. #1561
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    Quote Originally Posted by devilplate
    I hf been camping at bmw forum leh....

    Bmw resale value is da best among merc and audi

    Nobody scrap at 4th yr one la....especially during this period....
    Waiting for the day when a BMW 5 series is more expensive than a 2 bedder PC in an OCR...

  2. #1562
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    How much does the COE need to for that to happen?

  3. #1563
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    Quote Originally Posted by kane
    How much does the COE need to for that to happen?
    COE @ $100k and home prices to fall by 60%... Lol!

  4. #1564
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    Quote Originally Posted by ysyap
    COE @ $100k and home prices to fall by 60%... Lol!
    wun happen this way

    ppty px drop, COE will drop tgt too

  5. #1565
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    Quote Originally Posted by devilplate
    wun happen this way

    ppty px drop, COE will drop tgt too
    Please don't shatter my dream.... hahahaha.... dream a dream...

  6. #1566
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    COE drop 60% also song ah.

  7. #1567
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    Double post

  8. #1568
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    Quote Originally Posted by devilplate
    I hf been camping at bmw forum leh....

    Bmw resale value is da best among merc and audi

    Nobody scrap at 4th yr one la....especially during this period....
    The e46 e39 etc generation of BMW cars problematic... The 5th generation e90 e60 generation is much better.. Previously had a e90 320 for almost 5yrs ... 110k mileage not much issues except wear n tear parts.. Nothing major..sold the e90 for the f10 523 ... I must say the 6th gen is even better built ... Dad drives a F01 740 .. The interior and build of the car is a huge improvement from the old e65 too ... Currently I am personally driving the e93 cabriolet ... Loving every minute of it .... Hahah

  9. #1569
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    Quote Originally Posted by kane
    COE drop 60% also song ah.
    With further cuts to the number of COE in 2012, I'm just hoping it won't climb a further 60%... It used to be $15k a year back then it became $75k, a whooping 500% jump... this is getting crazy!

  10. #1570
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    I get the sense we'll revisit 30k.

  11. #1571
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    Quote Originally Posted by kane
    I get the sense we'll revisit 30k.
    Where did you sense from? Care to share?

  12. #1572
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    Just gut instinct. Nothing scientific. When COE was $28k in the last down cycle, I window shopped for cars and told agent I was waiting for $10k. They thought I was stupid and crazy. So it's my guess and nothing more. Just base on economic fundamentals and weakening car ownership due to high cost.

  13. #1573
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    COE current quota is about 700 per month for Cat B. Next year will be even lesser after July 2012. Guess prices will have no where to go except north.

  14. #1574
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    Quote Originally Posted by fclim
    COE current quota is about 700 per month for Cat B. Next year will be even lesser after July 2012. Guess prices will have no where to go except north.
    Patience, not sustainable at this level, I'm thinking from a 3-4 year time horizon.

  15. #1575
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    Quote Originally Posted by kane
    Patience, not sustainable at this level, I'm thinking from a 3-4 year time horizon.
    Interest rate now 1.88%. Thats why people cheong to buy. In 3 to 4 years time, if rise to 3.8%, lower demand, but also higher monthly instalment. So end up LPPL.

  16. #1576
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    Quote Originally Posted by fclim
    Interest rate now 1.88%. Thats why people cheong to buy. In 3 to 4 years time, if rise to 3.8%, lower demand, but also higher monthly instalment. So end up LPPL.
    Assume 7 years loan. A 1.9% and 3.8% differential is about 13% higher cost. If you save 40k on COE. On cars around 100k before COE, the savings would be greater than the higher interest expense. But with those 200-300+k cars. The savings would be less.

  17. #1577
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    Update 24th Dec 2011.

  18. #1578
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    The base of the outer most block is taking shape and the middle block is on the top floor.

  19. #1579
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    Yeap, and most part of the site is flooded haa haa...

  20. #1580
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    Early testing of the swimming pool site.

  21. #1581
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    Even the non swimming pool sites are flooded...

  22. #1582
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    Quote Originally Posted by azeoprop
    Update 24th Dec 2011.
    Something is wrong in the last photo. The buildings appear slanted in the middle. Is there anything wrong with your lens or the buildings?

  23. #1583
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    He is using wide angle. And it tends to create that effect.

  24. #1584
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    Quote Originally Posted by kane
    He is using wide angle. And it tends to create that effect.
    I think it is lens imperfection. It makes me giddy.

  25. #1585
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    wide angle lens with good proportionment cost $3+k each.

    for rough reference, it's good enough lah.

  26. #1586
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    Quote Originally Posted by hyenergix
    Something is wrong in the last photo. The buildings appear slanted in the middle. Is there anything wrong with your lens or the buildings?
    It was stitched from 2 photos, the original photo on the right was out of focus. I realized it only when I got home haa haa....

  27. #1587
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    Quote Originally Posted by azeoprop
    It was stitched from 2 photos, the original photo on the right was out of focus. I realized it only when I got home haa haa....

    stiched?? you didn't use a tripod to take stiched photo?

    hygernix, hats off to you! are you a pro photographer.

  28. #1588
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    Quote Originally Posted by kane
    stiched?? you didn't use a tripod to take stiched photo?

    hygernix, hats off to you! are you a pro photographer.
    Oh not really. I felt unusually giddy at the last photo but I was not drunk. Based on my novice knowledge about photography, I recall that these slanting and color shift usually occur at the edge of a photo and not in the middle.

    One thing is azeo's site photos seem to be the engineering-type. I'm not sure what he is looking at. I thought he might want to have a theme with a focus, play with light or soften some parts of the background to bring out his feelings of the view. He will probably do well with civil engineering since he has a sense of accomplishment when a building is on the way up.

  29. #1589
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    You guys are super pro leh... i don't even recognize any oddness in the photo until you mentioned...

  30. #1590
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    Merry Christmas everyone.

    At this speed, anyone reckon TOP could be end 2012 or early 2013?

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