What happened to the days of 600psf? 2 bedder for 800k is a bit difficult for me to digest.
What happened to the days of 600psf? 2 bedder for 800k is a bit difficult for me to digest.
It is not a question of never but when.Originally Posted by azeoprop
Just need patient to wait for the next down phase.
"when" is the million dollar question. Maybe not
new launch as developer can hold back. Maybe the
resale market. Small developer also scare that they launch
at the wrong time. If u are not hurry... then sit back &
u can also look at Interlace, even larger land plot, not to mention the southern ridges and park trailsOriginally Posted by new2mondrian
Interlace left with only bigger units from 3 bedroom onwards. The smallest 3 bedroom is asking for around $1.4mil.Originally Posted by august
Hi .. is its smallest 3 bedder comparable to this minton in size?Originally Posted by Autonomy
yo, cheerful! the smallest 3 bedder at interlace is larger than the ones at the minton. it is comparable in size to the "premium" 3 bedders at the minton. location, design and quality accounts for the 30% difference in price.
on a side note, i think we don't have 4D number to buy for May sales liao.
Originally Posted by cheerful
Oh ok, thanks for the info ... juz curious although the two are not comparable at all. Interlace is definitely much much betta in terms of location lah (plus a more reputable developer).Originally Posted by bargain hunter
Kekekeee ... perhaps perhaps ... nvr see gd of this minton .. large no. of units but don't think will contribute to the sales even if it were to launch earlier ..
Maybe got chance for "Starbuys". With so many units, it will take a long long time to sell.
obviously the interior/exterior design also way superior for interlace.
i dun understand developers these days, not only this project, city dev also, 3 bedroom units, usually at worst is 1 small bedroom, nowadays only the masterbedroom can fit in a queen bed. its such a downgrade in space for hdb upgraders.
don't say until like that leh, 180 units snapped up in 1 weekend wor hahaha...funny, the press stopped using the phrase "snapped up" already and i forgot where i read, was it in this thread or by some agent that this will be a sold out project?
Originally Posted by cheerful
Agree that Interlace is nice... but dollar quantum is too high. The Minton studio (700sqft) cost me about $59Xk. Not too bad... in exchange for a condo lifestyle for them in the suburbs and the ability to monetise their HDB 5-room. Monthly maintenance is $190, comparable to HDB (conservancy plus car-parking).Originally Posted by august
Anyway, I am vested at the Minton. I bought a unit for my parents to live their retirement days there. Different folks, different strokes. I am bullish on the Serangoon/Woodleigh sector too. As more land gets tendered out, there will be more amenities there over the medium/long term.
Anyone vested at the Minton too?
Wah may sales is so poor. Maybe the G shd reconsider the massive GLS. think the GLS is abit overdone at this stage.
on a side note, i think we don't have 4D number to buy for May sales liao. [/quote]
i think the studio is the only good buy in this project. for the other types of units, design is bad for hdb upgraders.
Originally Posted by new2mondrian
As what azeopop says, maybe can wait for 'starbuy' lor ... how to sell such a large plot which furthermore, wasn't exactly acquired at a gd price
Guess some dev really slow .. wait & wait, then wait until bad news come out then launch big big projects ..
Another 2 wks to go ... maybe 9xx this time
LOL, that's just my guess. I simply added Cascadia, Flamingo Valley and The Minton sales numbers to estimate a total of 300+ units max. i don't think the other projects sold 600+ units so we probably won't get a 4D number.
GLS cannot be an on and off thing. Else, G will lose policy credibility. can't just look at one poor month of sales then reconsider the GLS. If we look at it this way, then the govt should flood the market with GLS sites after April's boom numbers and then stop after May's weaker numbers. Policy flip flop is a no-no.
[/quote]Originally Posted by 2824
Totally agree too. The studios are the only ones that got me excited. Not easy to find studios priced at $840-$850 psf anywhere in Singapore.... The entry price is very comfortable. Which makes it hard to beat. Even the 8@W studios were priced around $1kpsf at their launch in June 2009.Originally Posted by bargain hunter
Good for retirees. My folks are totally excited. And there is minimart/cafe/laundromat within the devt to cater to their needs also.
Interlace land size is bigger than Minton also. But Interlace furnishing nothing to shout about. Also the agent keeps stressing that the unique exterior of Interlace will soon be featured in our Singapore Post CardsOriginally Posted by cheerful
aiyah i wanted to say 9xx but u chope liao, let you win, i say 899.
i thought developer got a good price for minton?
could it be that big development needed more time to prepare?
my personal guess is that because this developer is a WCY private vehicle, it has to wait until waterbank is almost sold out before in can launch, else it would be fighting with its publicly listed entity as a competitor during the same month.
Originally Posted by cheerful
filial daughter! ur old folks will love minton! 1xxx over neighbours and plenty of facilities for them to enjoy and exerciseOriginally Posted by new2mondrian
den they can rent out their 5rm flat and dun hf to take pocket $ from u...not a bad ideal
stack 43 released liao?
filial daughter not son.
Originally Posted by devilplate
I think you may be rite ... could be something like total sum of S$312.5m (S$236psf on GFA) as read fr somewhere ... so perhaps not too bad a profit lah.Originally Posted by bargain hunter
Whatever reasons not sure .. maybe it's related to waterbank, or maybe not ... but thot this land parcel existed long before UOL bidded the latter?? So by rite should be ready earlier for the mass mkt (esp. since last yr was the mass being 'feverish').
Okie noted your 899 lah .. we shall see v soon
Any Great Singapore Sales at Minton?
where got so fast?
they are rich lah, won't cut price one, at most say launch phase 1 only, phase 2 sell next year.
Originally Posted by azeoprop
usually WCY time zun zun to maximise the profits one leh. feb to aug last year, mass market was feverish but that's becoz price is low and Kheng Leong would never be contented to sell at the market prices then so after the sep measures, i guess the best time would have been in mar, maybe that's where waterbank's impending launch came in (die die must run fast coz land cost is high) and they could only launch minton now.
Originally Posted by cheerful
tats y ppty is sentiment driven...all those oversupply story simply crappppp
Agree that it is hard to find studios at less than $1K psf anywhere and good amenities at the Minton.
Originally Posted by new2mondrian
maybe they let market sink in that 1150psf for WB, so that 850psf for Minto is a bargain.Originally Posted by bargain hunter
btw these Dual Keys units, any pros & cons of such layout?
okie lah..... I have other siblings too. I contribute a place for them to stay, the rest of the siblings give whatever they can for their monthly allowance lor. Add that to the monthly rental from the Queenstown HDB, they should be able to finance their retirement for years to come (hopefully).Originally Posted by devilplate
Minton is not just for them. Since they are looking after my child in the daytime after school, my child also benefits from the facilities. Quite a lot of stuffs for children to play with. Also the space is large enough for my child to run around.
Actually Minton sits on a plot ratio of 2.8. The surroundings mainly plot ratio 1.4 (based on URA Masterplan). Pretty unblocked and windy esp if one faces the landed housing.
Showed my contractor the floor plan. He managed to partition out a bedroom and a small study with that 700sqft. So well...
Stack 43 not released yet. Think they are still trying to clear the rest. Popped by on Sun at 4pm. The developer has put up the board with the "SOLD" stickers. Did a rough count. They sold 192 units at that point. Most of the studios and 2-bedders released were gone.
i got one Dk in 8woodOriginally Posted by maisonjai
minton 8xxpsf acceptable bcoz treehse 8xxpsf and almost sold out oredi...both OCR and not near MRTOriginally Posted by maisonjai
Treehse agts r alot more aggressive den this Minton
i rec like 20smses from different agts for Treehse but less den 5 for Minton
You are vested in 8@Woodleigh? Good for you!Originally Posted by devilplate
Anyway, for all vested in Minton and reading this forum, the main contractor is Low Keng Huat. Hopefully it will deliver a good job out of Minton.
Some trivial about the main contractor:
About Low Keng Huat (Singapore) Ltd. Established in 1969 and listed
on the SGX in 1992, LKH has an establish track record in the construction
industry in Singapore. Some of its landmark construction projects include
OCBC Centre, UOB Headquarters Building, Plaza Singapura and most
recently Hard Rock Hotel at Resorts World Singapore. LKH is an A1
registered general building contractor, the highest grade under the Building
and Construction Authority of Singapore classification, and is qualified to
tender for public sector contracts with unlimited tender sums. LKH had
also ventured into property developments through partnerships with UOL
Group and Kheng Leong. Some of its JV residential projects include
Regency Suites (LKH's share: 20%), South Bank (30%), One-north
Residences (20%) and Duchess Residences (30%). LKH also owns and
operates hotels in Perth (Australia) and Ho Chi Minh (Vietnam) under the
in-house brand - Duxton Hotel. It previously managed hotels under this
brand in Singapore, Melbourne, Sydney, Wellington, Auckland and Rotoura.
Its other hospitality-related business is the food and beverages business
in Singapore such as the Carnivore group of restaurants.