View Full Version : H20 RESIDENCES - Sengkang Condo by City Developments Limited
richardsng_era
19-12-10, 15:51
H20 RESIDENCES - The much long-awaited condo at Fernvale Link / Sengkang West Avenue.
VVIP Preview registration starts soon! Details to be provided later in due course. Call or SMS <D19H20> to +65-92993342
Singapore Property & Real Estate Home Page: http://www.RSS-Property.com (http://www.rss-property.com/)
Sucky name... Sounds like new XMen character that can do water based power...
Sucky name... Sounds like new XMen character that can do water based power...
Haa haa...Summon the Leviathan to perform the Tidal wave attack! :rolleyes:
'where you stay?'
'H2O'
'huh? you mean the drink?'
'yah same name'
'wow....how come called h2o leh?'
'.......'
Regulators
19-12-10, 21:20
i think Water Residences sounds a lot nicer
Wild Falcon
19-12-10, 21:26
"H Twenty" or "H Two O"? Anyway, both are cheesy...
shauntanzs
19-12-10, 22:14
Next condo will be call 100plus
Next condo will be call 100plus
Haa haa haa....:rolleyes:
Yup. The name sounds weird.
Maybe it stands for "Home to Ogle".
Sucky name... Sounds like new XMen character that can do water based power...
Yup. The name sounds weird.
Maybe it stands for "Home to Ogle".
Home to Ogres you mean. A la Shrek. Maybe its facade is green.
A sign board has been out up with the words something like Waterfront residences brought to you by CDL. Looks like launching next year?
Looks like "Waterfront" & "Residences" are the "in" thing in new launches. :rolleyes:
Too much water will get rheumatism haa haa... :rolleyes:
richardsng_era
26-01-11, 19:00
Gong Xi Fa Cai! Gong Xi Fa Cai!
Welcome to the first major condo launch after Chinese New Year! H2O RESIDENCES. Rare Waterfront living with Punggol / Sengkang Waterfront & close to Seletar Aerospace Hub.
Call or SMS <D28H2O> to +65-92993342 to register for the preview & the best price. Look for H2O RESIDENCES Developer Sales Team.
Home Page:
http://www.rss-property.com/view-all-listings/showproperty/28-28-seletar-yio-chu-kang/11-for-sale/18-project-launches/10450-h2o-residences--sengkang-condo-by-cdl-property-launching-soon
Found the site plan here:
http://www.propertylaunch.sg/images/h2oresidences/BigSitePlan.jpg
Found the site plan here:
http://www.propertylaunch.sg/images/h2oresidences/BigSitePlan.jpg
http://www.propertylaunch.sg/images/h2oresidences/BigSitePlan.jpg
can CDL does magic this time??? and sell this like hot cake at ulu location? :banghead:
dont like the condo name as well :mad:
Drove past and saw that the developer has put in some effort to do up the landscaping and the carpark (can't see the inside of the showroom when driving).
Good thing is that none of the units should face the LRT track. I think the better stacks would be stack 23 & 24 as they get a diagonal view of the river and are shielded from the direct morning sun.
Floor plan is out. Good and efficient layout expected from CDL with hints of NV residence.
:)
http://www.propertylaunch.sg/images/h2oresidences/H2O%20Floorplan.pdf
Nobody interested in this project? :confused:
I saw the specs...only tile flooring and laminated flooring for bedroom. :(
Tile flooring and laminated flooring?! No way for a private condo...
Nobody interested in this project? :confused:
I saw the specs...only tile flooring and laminated flooring for bedroom. :(
Wild Falcon
14-02-11, 10:37
CDL and their laminated flooring again... I notice it's quite common for CDL projects.
Sad...they used to only use good quality stuff. I am a fan...:(
Seems like not so anymore...
CDL and their laminated flooring again... I notice it's quite common for CDL projects.
Floor plan is out. Good and efficient layout expected from CDL with hints of NV residence.
:)
http://www.propertylaunch.sg/images/h2oresidences/H2O%20Floorplan.pdf
Agree the layout is good, with the exception of certain stack with a long corridor from door to living hall. A bit waste of space.
The use of laminated flooring is quite a surprise in a condo.
Given the small size like 743sqft for 2br .... expect > 1000psf pricing
Here is a view of the site. :)
http://www.youtube.com/watch?v=Vt4FKb42Kuc
kingkong1984
16-02-11, 13:51
2 bedders look alright.
I expect this to be priced similar to NV residence. :beats-me-man:
I expect this to be priced similar to NV residence. :beats-me-man:
U interested in this one? To add on to yr collection?
U interested in this one? To add on to yr collection?
No lah just kay po only haa haa.... :p
bargain hunter
16-02-11, 18:57
when is the preview? feb or mar?
pay $1000psf and above for tile flooring and laminated flooring? :doh:
CDL and their laminated flooring again... I notice it's quite common for CDL projects.
Maybe Bulk purchase....., so can use for a few projects....
Drove past the showroom, saw quite a few people and cars there. Showroom wasn't ready though.
agent briefing perhaps??
Saw some signs saying vvip is in early march
phantom_opera
21-02-11, 08:34
Heard this place is prone to traffic jam (TPE, KPE), is it true?
At this point no, but this could be a possibility when all the HDB @ fernvale is occupied
Heard this place is prone to traffic jam (TPE, KPE), is it true?
fooblackie
21-02-11, 09:52
I expect this to be priced similar to NV residence. :beats-me-man:
huh? makes no sense rite. This place is so far from the MRT... take LRT also need 10-12 min to reach from the MRT
Geylang OKT
21-02-11, 10:32
When will Sprite Residences, Sarsi Residences and Mirinda Grape Residences come up? I think I want to stay in Green Spot Residences or Kickapoo Residences too! :D
H20 Residences wor... what a silly and unimaginative name :tongue3:
Heard this place is prone to traffic jam (TPE, KPE), is it true?
There will be another exit to TPE just beside sengkang riverside park in the future.
Agent presentation to customers...Was invited but I was not interested.
Heard that it is priced from 850 psf. Could be for patio units.
Showroom open on 3rd March
agent briefing perhaps??
Saw some signs saying vvip is in early march
Wah so many exits to TPE in such a short distance become like another CTE :scared-4: , then the jam transferred to the expressway.
There will be another exit to TPE just beside sengkang riverside park in the future.
Geylang OKT
21-02-11, 21:13
Reading thru this thread makes me thirsty! :D
devilplate
21-02-11, 21:34
Agent presentation to customers...Was invited but I was not interested.
Heard that it is priced from 850 psf. Could be for patio units.
Showroom open on 3rd March
shd be 900psf on average? cannot imagine if its average 1kpsf ....new ocr launches bubble brewing
the location really nothing to say, cos there's really nothing to say about that place! but of course, all the neighbouring condos will be celebrating when they set a new record for the place. makes that buangkok EC look cheap.
phantom_opera
21-02-11, 22:49
Could be 950psf on average as size very small, 2br only 743sqft compared to 904sqft in WFG/WFI
HiddenBed biz will b very good :rolleyes:
Could be 950psf on average as size very small, 2br only 743sqft compared to 904sqft in WFG/WFI
HiddenBed biz will b very good :rolleyes:
3 bedder 900+sqft?
phantom_opera
21-02-11, 22:58
if fully paid a small 4r hdb (e.g. 4S, 4NG or 4A) which can sell for 350-450k+, a bit of spare cash / cpf OA with family combined income of 5k, should be able to buy 743sqft 2br in this project with 80% bank loan
will sell like hot cakes if 900psf as quatum of 2br only 900x743=669k, 1000psf will be slower.
if fully paid a small 4r hdb (e.g. 4S, 4NG or 4A) which can sell for 350-450k+, a bit of spare cash / cpf OA with family combined income of 5k, should be able to buy 743sqft 2br in this project with 80% bank loan
will sell like hot cakes if 900psf, 1000psf will be slower.
4R hdb to a 2 bdr is a major downgrade in liveable space. unless there's no procreation plans in the pipeline.
Geylang OKT
22-02-11, 05:00
4R hdb to a 2 bdr is a major downgrade in liveable space. unless there's no procreation plans in the pipeline.
maybe can stack the toddlers up like mechanized car parks :D
wonch take up much space this way :hell-hath-no-fury:
phantom_opera
22-02-11, 08:09
maybe can stack the toddlers up like mechanized car parks :D
wonch take up much space this way :hell-hath-no-fury:
Hidden bed has double decker cum desk which is very space efficient. Worse come to worse, living hall adopts Japanese style Tatami so turn into a bedroom at night for kids. Definitely nowadays u don't need a big living hall as wall-mounted LED TV replaces bulky CRT and iPad can be used on kitchen bar top.
With 743sqft 2br being the norm, 30% of Singaporeans may stay in private condos by 2020 as most young couples has one kid or no kid.
http://www.hiddenspace.net/#Models
Treehouse also by CDL got nothing but hot sale at average $800psf then.Trying to do the same but timing may be wrong.
the location really nothing to say, cos there's really nothing to say about that place! but of course, all the neighbouring condos will be celebrating when they set a new record for the place. makes that buangkok EC look cheap.
phantom_opera
22-02-11, 08:30
Treehouse also by CDL got nothing but hot sale at average $800psf then.Trying to do the same but timing may be wrong.
Treehouse offers 721sqft 2br .... HDB upgrader favorite. This place should be better than Tree house since LRT is 1 min walk.
60 Chestnut Avenue #02-03
99 Yrs From 23/11/2009
$887psf
721sqft
$640k
06 May 10
The only diff is HDB upgrader can borrow 80% for tree house if HDB loan not fully paid up, this project left 60% only.
But LRT cmi one, its like a feeder bus stop outside your home like that, nothing special. :beats-me-man:
But LRT cmi one, its like a feeder bus stop outside your home like that, nothing special. :beats-me-man:
But if it is any consolation the transfer from lrt to mrt is thru a few escalators, stil quite ok lah. Think possible selling pt is that Greenwich which is nearby is sellong at 1200 psf
got sms on the pricing:
1br = 550k
2br = 680k
2+1br = 760k
3br = 980k
3+1 = 1.05M
:scared-3:
phantom_opera
25-02-11, 11:42
got sms on the pricing:
1br = 550k
2br = 680k
2+1br = 760k
3br = 980k
3+1 = 1.05M
:scared-3:
Already expected. Same psf as Waterfront Isle but smaller so quantum is more targeted on HDB upgraders. Should launch today to leverage on the crazy Bishan bid price :cool:
Already expected. Same psf as Waterfront Isle but smaller so quantum is more targeted on HDB upgraders. Should launch today to leverage on the crazy Bishan bid price :cool:
But waterfront collection b4 isle already 60% sold, so buyers buying a less risky pdt, the jury is still out on this one but already charging this psf :scared-2:
Regulators
25-02-11, 12:54
i think the showflats of H2O Residences should be decorated with this "beautiful" night scene:
http://i2.photobucket.com/albums/y21/glenoe12/DSC_5453.jpg :doh: :doh:
Geylang OKT
26-02-11, 06:18
You guys also from Sammyboy? So many cmi and cum words in this thread. Feels right at home :D
Regulators
26-02-11, 08:56
Too much sbf no good for you:tsk-tsk:
You guys also from Sammyboy? So many cmi and cum words in this thread. Feels right at home :D
Geylang OKT
26-02-11, 09:18
Too much sbf no good for you:tsk-tsk:
Occupational hazard :cool:
Regulators
26-02-11, 10:22
These days prc diy in internet advertising, don't need an okt anymore.
Occupational hazard :cool:
They're still collecting cheques in ther tentage? Showroom is still not completed.
Geylang OKT
26-02-11, 22:27
These days prc diy in internet advertising, don't need an okt anymore.
Who do you think put up the adverts for them? Do you really think they know how to use the internet? These girls only know how to turn tricks lah :D
Regulators
26-02-11, 23:15
i agree with you to a certain extent, those PRCs can hardly understand english. However that being said, i was told they reply their own messages and negotiate their own deals.
Who do you think put up the adverts for them? Do you really think they know how to use the internet? These girls only know how to turn tricks lah :D
phantom_opera
28-02-11, 09:32
This project will be blocked by a new HDB BTO project on the west now ... another 10y will be surrounded by HDBs :doh:
bargain hunter
28-02-11, 19:22
preview date has been set on 4th mar, this friday. anyone keen? :)
Buy into this area might as well buy BTO flats direct from HDB... damn cheap... 5rm only 300+k
From the site plan of the hdb bto, the land north of H2O residences will be a school, so choose north facing units if u don't want to be blocked haa haa. :p
isn't buangkok EC better than this? and is that project sold out?
Geylang OKT
01-03-11, 05:55
isn't buangkok EC better than this? and is that project sold out?
Isn't buangkok synonymous with woodbridge? :D
fooblackie
01-03-11, 07:38
Isn't buangkok synonymous with woodbridge? :D
haha.. yes it is.
Just dat the Buangkok area near to the MRT are still quite far from the mental institute.
My personal take for this H2O project - it is not gg to be hot project given its selling price and points.. so prospective buyers might as well wait and see if the prices will be pushed down once the developers cant sell much in the next 2-3 mths...
the location is super far from the mrt (LRT notwithstanding). Jalan kayu is near and there is a ntuc w coffeeshop.
Fernvale is looking pretty congested as the HDB blocks there are all super tall, i think >20 flrs. So, traffic will be congested esp towards TPE via jalan kayu.
Wild Falcon
01-03-11, 08:56
Doesn't matter nowadays - Bishan also surrounded by HDB with HDB land all around (high chance the surrounding empty plot of land are high-rise HDB flats as well) and yet Capitaland still bid at $869psf.
If surrounded by private, cannot showoff. If surrounded by HDB and u walk out of Bishan condo, then one can hao lian mah...
This project will be blocked by a new HDB BTO project on the west now ... another 10y will be surrounded by HDBs :doh:
fooblackie
01-03-11, 09:42
Doesn't matter nowadays - Bishan also surrounded by HDB with HDB land all around (high chance the surrounding empty plot of land are high-rise HDB flats as well) and yet Capitaland still bid at $869psf.
If surrounded by private, cannot showoff. If surrounded by HDB and u walk out of Bishan condo, then one can hao lian mah...
wrong comparision... ulu Fernvale vs Bishan central... :banghead:
devilplate
01-03-11, 09:55
dun underestimate cdl ok....if treehse can sold out at record psf(equally ulu and no MRT), this one got chance too as it got a waterfront living:p ....but den now got more measures so....hehe
fooblackie
01-03-11, 10:08
dun underestimate cdl ok....if treehse can sold out at record psf(equally ulu and no MRT), this one got chance too as it got a waterfront living:p ....but den now got more measures so....hehe
okok dun pray pray...
but treehouse is at least so much closer to town and to bukit timah.. fernvale has errhhhh.... nothing in my view except loads and loads of HDB and a very little waterfront view... no disrespect though
fernvale is a place where HDB is pushing a lot of BTO flats at cheap prices... this point alone does not justify high price for a condo in this area.
fooblackie
01-03-11, 16:29
fernvale is a place where HDB is pushing a lot of BTO flats at cheap prices... this point alone does not justify high price for a condo in this area.
no justifications except if the developer is CDL or FEO haha...
bargain hunter
04-03-11, 08:13
CITY Developments Ltd (CDL) is expected to preview its H2O Residences condo next to Layar LRT Station in the Sengkang area today.
The average price for the 99-year leasehold condo, which is beside Punggol Reservoir, is expected to be slightly above $900 per square foot.
A preview for staff and VVIPs is expected in the morning, before sales begin for other buyers who have submitted cheques to the project's marketing agents, CB Richard Ellis and Huttons, say sources.
The development comprises five blocks, ranging from 19 to 23 storeys.
CDL is developing the condo on a plot that it clinched in a hotly-contested state tender in February last year for $200.5 million, or $365.26 per square foot per plot ratio (psf ppr).
This was some 13 per cent higher than the next highest offer of about $322 psf ppr by Far East Organization. The tender drew 10 bids in all.
Prices for one-bedroom units are expected to start from $550,000. Two-bedders will be priced from $680,000 and two-bedroom-with-study units from $760,000.
The project comprises 521 apartments and a shop unit. The apartment types range from one-bedroom units to four-bedders and penthouses. However, CDL is expected to initially release 120-150 units for this morning's preview.
H20 Residences will include 19 one-bedders, ranging from 527 sq ft to 710 sq ft. The 102 two-bedders are between 743 sq ft and 1,141 sq ft while the 147 two-bedroom-plus-study units are between 850 sq ft and 1,206 sq ft.
Last week, Chip Eng Seng reported that it had sold 75 apartments in its 301-unit My Manhattan condominium near Simei MRT at an average price of $1,100-$1,200 psf.
devilplate
04-03-11, 10:14
any1 gg down later?
2bedder at 680k looks cheap:rolleyes:
But it is still over $900 psf for those 2-bedders without PES:beats-me-man: Cheap meh:beats-me-man:
phantom_opera
04-03-11, 10:20
thats why secret is to sell 721sqft or 743sqft 2br and use various techniques to make the showroom 2br looks big (e.g. use glass instead of wall, mirror everywhere, double decker bed, small cute furniture etc) ... around 700k 2br only, unbelievable right? Only those used to HDB 3r or 4s can really understand.
CITY Developments Ltd (CDL) is expected to preview its H2O Residences condo next to Layar LRT Station in the Sengkang area today.
The average price for the 99-year leasehold condo, which is beside Punggol Reservoir, is expected to be slightly above $900 per square foot....
This was some 13 per cent higher than the next highest offer of about $322 psf ppr by Far East Organization. The tender drew 10 bids in all.
at $900 psf, CDL will be the one laughing to the BANK...
bargain hunter
04-03-11, 12:49
so anyone went to preview? sell like hot cakes or more like hesitant manhattan? ;)
Was thinking of going down for a look just now, but big rain...so end up never go. But their pricing higher than that ulu treehouse! It was around 850psf. :scared-1:
bargain hunter
04-03-11, 13:11
can go lah. heavy rain only for awhile. should clear up by now (i mean the rain LOL). :)
Was thinking of going down for a look just now, but big rain...so end up never go. But their pricing higher than that ulu treehouse! It was around 850psf. :scared-1:
phantom_opera
04-03-11, 13:16
i bet sell like hot cakes, snapped by Sengkang HDB upgraders, especially the 2br 743sqft.
devilplate
04-03-11, 14:13
Was thinking of going down for a look just now, but big rain...so end up never go. But their pricing higher than that ulu treehouse! It was around 850psf. :scared-1:
din go due to rain as well....hehe:)
850psf no nid to :scared-1: lar...if 950psf onwards den :scared-1: :scared-1: :scared-1:
sembawang CR aso around there mah:D
phantom_opera
04-03-11, 14:17
NV residences already hit 1.2kpsf .... same developer what? 1br should sell above 1kpsf
91 Pasir Ris Grove #11-30
99 Yrs From 07/01/2008
$1244psf
495sqft
$615k
01 Feb 11
Went to the showflat just now, just before they close at 10.30pm. Finishing so so with big marble look-a-like tiles and laminated flooring for bedrooms.
Pricing was :scared-1: .
#05-15 743sqft $709300
#22-15 743sqft $730620
#06-24 797sqft $781150
#13-24 797sqft $804950
#16-24 797sqft $814300
Not all stacks were released. Counted the board about 90 units sold before they close shop for the day. :)
devilplate
04-03-11, 23:01
Went to the showflat just now, just before they close at 10.30pm. Finishing so so with big marble look-a-like tiles and laminated flooring for bedrooms.
Pricing was :scared-1: .
#05-15 743sqft $709300
#22-15 743sqft $730620
#06-24 797sqft $781150
#13-24 797sqft $804950
#16-24 797sqft $814300
Not all stacks were released. Counted the board about 90 units sold before they close shop for the day. :)
wah....quite high indeed...deserve a :scared-1:
ur WFI better buy with nice marbles:cheers6:
2 out of 3 penthouse sold :scared-3: . The 4 bedders also alot of units sold. 4 bedders psf$ at 939psf for stack 8.:scared-1:
Alot of 2+1 whole stack sold out for the released units.
Total crazy. I tot I at market buying vegetable, but only these vegetable cost nearly 1M and above
devilplate
04-03-11, 23:47
2 out of 3 penthouse sold :scared-3: . The 4 bedders also alot of units sold. 4 bedders psf$ at 939psf for stack 8.:scared-1:
Alot of 2+1 whole stack sold out for the released units.
Total crazy. I tot I at market buying vegetable, but only these vegetable cost nearly 1M and above
majority buying for own stay? actually only few stacks facing river.....the rest facing each other/LRT/future sch/HDB....no MRT/majority no view so to speak and yet such a gd response....wow....anything below 1kpsf is cheap liao!!! all thanks to capitaland for the record bid at bishan??
Could have bought the Arte for the same price 2 yrs ago! :scared-1:
2 out of 3 penthouse sold :scared-3: . The 4 bedders also alot of units sold. 4 bedders psf$ at 939psf for stack 8.:scared-1:
Alot of 2+1 whole stack sold out for the released units.
Total crazy. I tot I at market buying vegetable, but only these vegetable cost nearly 1M and above
Wow, :scared-1: , more like buying organic vegetable plot:scared-3:
Yes, I will think that the majority buyers are for own stay. This is the reason a lot of the bigger units are moving. Seem that the latest measures are working, keeping the speculators away, with the geniue buyers buying for own stay. Ha Ha.. But with the price continue to move North
this is extremely pricey for an area without any major developments, vicinity wise, in the pipeline.
This is perhaps the most expensive water on earth. :scared-1:
this is extremely pricey for an area without any major developments, vicinity wise, in the pipeline.
To quote wat a property agent have told me " Any new launch now below 1Kpsf, grab lah, no need to think. Soon these will no longer be in existence."
I think with the record psf paid for GLS land (Bishan, Punggol) and even today's bid of the bedok reservior site at near 450psf, which alot of analyst say is saint price, this pricing for H20 is not unimaginable.
But whether it can be flip for a decent profit is totally another question.
phantom_opera
05-03-11, 07:03
A lot of you forgot to mention about low quantum of 2br, 743sqft, 797sqft ... ultimately they are below 850k. Psf also similar to WFI.
And stacks quoted by azeo are those with better facing, stack 24 high floor has river view, stack 15 has poolview, naturally will be more expensive.
Any quote on those facing HDBs and LRT, should be around 900psf ? How is the sales of 1br, only very few units and mostly direct west sun.
When I was there yesterday night, the only stack of 1 bedder was not sold out. Still have the low floors and high floors available.
Went to the showflat just now, just before they close at 10.30pm. Finishing so so with big marble look-a-like tiles and laminated flooring for bedrooms.
Pricing was :scared-1: .
#05-15 743sqft $709300
#22-15 743sqft $730620
#06-24 797sqft $781150
#13-24 797sqft $804950
#16-24 797sqft $814300
Not all stacks were released. Counted the board about 90 units sold before they close shop for the day. :)
Sorry guys, just discovered a typo, the stack should be 05.
#15-05 743sqft $709300
#22-05 743sqft $730620
:o
To quote wat a property agent have told me " Any new launch now below 1Kpsf, grab lah, no need to think. Soon these will no longer be in existence."
I think with the record psf paid for GLS land (Bishan, Punggol) and even today's bid of the bedok reservior site at near 450psf, which alot of analyst say is saint price, this pricing for H20 is not unimaginable.
But whether it can be flip for a decent profit is totally another question.
With new development running up $psf ,Mean greater value now for resale private....
phantom_opera
05-03-11, 12:04
Many years not been to Sengkang, took train instead of driving, quite impressed by Compass Point with Metro, Cold Storage and wide array of cafes, fast food restaurants. Compass height condo next to MRT rental should be decent.
The waiting time for LRT about 5 mins. However, the LRT is one direction so from SW1 to SW6 ... wasted another 10+mins :doh:
The so called "river" is so thin and small, not worth investing considered the unblocked view towards the north or east will sooner or later be blocked by school and high rise HDBs up to 20 storeys.
The internal furnishing is a complete let down given the 9XXpsf, even DBSS HDBs also can offer better.
:tsk-tsk:
devilplate
05-03-11, 17:35
mostly 1-2bedders sold.....4bedders sold about half.....3bedders plenty left....
conclusion.....own stay bot 4bedder for the river view and investors bot 1/2bedders.....
getting scary....this kind of area ppl aso buying for investment....:beats-me-man:
i even heard potential buyers saying rental shd be good....:beats-me-man:
4bedders at 93xpsf for mid flr is really too ex....the view aso doesnt look impressive.....
quite a distance to walk to fernvale amenities which is actually one LRT stop away....
the layout also CMI with the common bedrooms so small....without baywindows also so small and the jr master is a big joke:doh:
CDL super greedy? priced at 9xxpf with gd profit margins and yet provide low class furnishing.....:doh:
if really keen on the view and buying for own stay....stack 25 is the best....mid flr will do....but price tag of 1.3mio.....pls tink twice:scared-5:
Luckily i went for isle instead. I thought they would price this cheaply and I could get a 2 bedder at around 640k....fat hope... :scared-1:
But another view is that ulu now = potential for the future. I think buyers bought on the hopes that price will appreciate once the ABC water project, punggol waterfront and the aerospace hub are completed. :beats-me-man:
devilplate
05-03-11, 18:25
But another view is that ulu now = potential for the future. I think buyers bought on the hopes that price will appreciate once the ABC water project, punggol waterfront and the aerospace hub are completed. :beats-me-man:
but cdl not selling at ulu pricing wor....i wud tot 8xxpsf(100psf lesser) will be a fairer price and for such lousy furnishings....
anyway the response so far is lukewarm....not exactly hot although the showflat is quite crowded....
Agents would probably say cdl is selling at slightly above capitaland's land cost in Bishan. That's why all agents should thank capitaland for giving them such a good selling point to pitch.
Kenshinto80
06-03-11, 14:22
Went down for the H2O preview on 4th March evening. A huge turnout and avalanche of shoes and slippers outside the showflat. :p
The showflat only has the 3 bedroom (1130sqft) and the 4 bedroom (1389sqft) on display. No 2 bedder was featured....probably CDL was worried over the relatively small size of the 2 bedders which may turn off prospective buyers. At only 743sqft to 883sqft for 2 and 2+1 unit type, buyers who bought will most likely be looking at rental investment and exclusive usage of the numerous facilities being proposed by CDL, rather than own stay.
Good points on this project:
(1) Just next to Layar LRT Station. (Please also see "Not so good Point"-not near to main MRT).
(2) A lot of people kept mentioning that it is in a remote location. This is not true especially for those very familiar with the North East District. Access to the SLE, CTE, TPE and KPE are good.
(3) Amenities such as NTUC Fairprice and Foodcourt are within walking distance. I estimated less than 500m. (No point to actually travel another LRT station down). Also near to Jalan Kayu! Besides Roti Prata, there are various nice eateries and even a shop famed for selling durian and choclate cakes there. Selegie beacurd too.....
(4) There is definitely rental potential-AMK Industrial Parks and the Seletar Aerospace Park.
(5) Quite like the floor storage patented by CDL in one of the room. This was the only part that impressed my wife who went along to view the showflat.
(6) 540 underground parking lots relative to 521 units. Adequate parking which reduces potential conflicts.
(7) Superb landscaping and facilities on offer by CDL. Lovely! The whistling pavilions and Nature Terrace concepts are awesome. Another interesting point is that all the facilities and stacks actually started on the "2nd level". From the end of the secondary club house and lap pool, one is able to overlook the park connector and Punggol reservoir.....very well though out by the development team.
Not so good points:
(A) It is not next to the main MRT. Residents have to travel to Sengkang MRT and then take LRT. A bit troublesome as you have to dismount and then move on to another platform for the LRT.
(B) The bedrooms (including Master bedroom) are extremely tiny. Buyers beware. In the showflat, there are lots of mirrors, missing walls and even enlarged doorframe to make the unit seems bigger. The 3 bedroom at 1130sqft is definitely not family oriented. For those planning to stay there, you would need to consider at least the 3+1. 4 bedder is the best but then the quantum of the purchase price you need to sink in will be enormous. What ever happens to the adage that condo living is supposed to be an upgrade to quality of life?
(C) The interior finishing given sucks. Tiles pretending to be marble/stone lookalike given by CDL. Built in Wardrobe for the 2 common rooms are not sliding nature albeit the tiny room size (however, the Masterbedroom Wardrobe given are sliding and cleverly design). For 900psf pricing and taken into consideration of the land purchased price by CDL, it seems to me that buyers are shortchanged.
(D) No bathtub given. Only comes with the 4 bedder and Penthouses.
In summary, despite the exorbitant pricing by CDL, the riverfront living concept is indeed unique and an attractive one given the numerous developments in Sengkang right now (latest one being the announcement of a hospital by 2020.).
devilplate
06-03-11, 15:09
Nice writeup :cheers6:
Can tell that there are alot agents in this forum talking among themselves:tongue3:
Very surprise to see there are pple still willing parting their $$ (>9xxpsf) for a ulu project like this in this time, whereby potential price-hurting measures from govt and interest rate hike are possible at any time. Wish you luck to the buyers or maybe phantom buyers, could be......:hell-hath-no-fury: .
Nice writeup :cheers6:
Can tell that there are alot agents in this forum talking among themselves:tongue3:
Very surprise to see there are pple still willing parting their $$ (>9xxpsf) for a ulu project like this in this time, whereby potential price-hurting measures from govt and interest rate hike are possible at any time. Wish you luck to the buyers or maybe phantom buyers, could be......:hell-hath-no-fury: .
Don't even know who is who. Must be a moron!
devilplate
06-03-11, 23:01
Can tell that there are alot agents in this forum talking among themselves:tongue3:
i give some encouragement to tat guy who take an effort to write a review....ppl say i agt? haha....btw his writeup quite unbias in fact....
another one aso say i agt when i say manhattan sold 70+ units....which i actually read from ST.....haha
ok la....all agts here....u toking bad about this project....u r sore loser?? waiting to buy at cheaper price ? haha....btw, i aso tok bad abt this project....i aso sore sore...haha
tok gd abt a project must b agent or vested interest....
tok bad abt a project must be sore loser or waiting to buy at cheaper price.....
Went down for the H2O preview on 4th March evening. A huge turnout and avalanche of shoes and slippers outside the showflat. :p
The showflat only has the 3 bedroom (1130sqft) and the 4 bedroom (1389sqft) on display. No 2 bedder was featured....probably CDL was worried over the relatively small size of the 2 bedders which may turn off prospective buyers. At only 743sqft to 883sqft for 2 and 2+1 unit type, buyers who bought will most likely be looking at rental investment and exclusive usage of the numerous facilities being proposed by CDL, rather than own stay.
Good points on this project:
(1) Just next to Layar LRT Station. (Please also see "Not so good Point"-not near to main MRT).
(2) A lot of people kept mentioning that it is in a remote location. This is not true especially for those very familiar with the North East District. Access to the SLE, CTE, TPE and KPE are good.
(3) Amenities such as NTUC Fairprice and Foodcourt are within walking distance. I estimated less than 500m. (No point to actually travel another LRT station down). Also near to Jalan Kayu! Besides Roti Prata, there are various nice eateries and even a shop famed for selling durian and choclate cakes there. Selegie beacurd too.....
(4) There is definitely rental potential-AMK Industrial Parks and the Seletar Aerospace Park.
(5) Quite like the floor storage patented by CDL in one of the room. This was the only part that impressed my wife who went along to view the showflat.
(6) 540 underground parking lots relative to 521 units. Adequate parking which reduces potential conflicts.
(7) Superb landscaping and facilities on offer by CDL. Lovely! The whistling pavilions and Nature Terrace concepts are awesome. Another interesting point is that all the facilities and stacks actually started on the "2nd level". From the end of the secondary club house and lap pool, one is able to overlook the park connector and Punggol reservoir.....very well though out by the development team.
Not so good points:
(A) It is not next to the main MRT. Residents have to travel to Sengkang MRT and then take LRT. A bit troublesome as you have to dismount and then move on to another platform for the LRT.
(B) The bedrooms (including Master bedroom) are extremely tiny. Buyers beware. In the showflat, there are lots of mirrors, missing walls and even enlarged doorframe to make the unit seems bigger. The 3 bedroom at 1130sqft is definitely not family oriented. For those planning to stay there, you would need to consider at least the 3+1. 4 bedder is the best but then the quantum of the purchase price you need to sink in will be enormous. What ever happens to the adage that condo living is supposed to be an upgrade to quality of life?
(C) The interior finishing given sucks. Tiles pretending to be marble/stone lookalike given by CDL. Built in Wardrobe for the 2 common rooms are not sliding nature albeit the tiny room size (however, the Masterbedroom Wardrobe given are sliding and cleverly design). For 900psf pricing and taken into consideration of the land purchased price by CDL, it seems to me that buyers are shortchanged.
(D) No bathtub given. Only comes with the 4 bedder and Penthouses.
In summary, despite the exorbitant pricing by CDL, the riverfront living concept is indeed unique and an attractive one given the numerous developments in Sengkang right now (latest one being the announcement of a hospital by 2020.).
good objective posting, high quality of sharing
PS1 : Not Agent
PS2 : Not Vested
PS3 : Conclude ,smaller pool of water thus lesser premium compared to Silveresa.
devilplate
06-03-11, 23:58
good objective posting, high quality of sharing
PS1 : Not Agent
PS2 : Not Vested
PS3 : Conclude ,smaller pool of water thus lesser premium compared to Silveresa.
u r an AGT wat....my colleague leh....no?:p
anybody who claimed tat i am an agent must be my colleague lor....if not how they noe wor? haha:tongue3:
dun nid to say PS1 & 2 la....u r actually making ppl tink tat u r an AGENT! LOL:D
u r an AGT wat....my colleague leh....no?:p
anybody who claimed tat i am an agent must be my colleague lor....if not how they noe wor? haha:tongue3:
dun nid to say PS1 & 2 la....u r actually making ppl tink tat u r an AGENT! LOL:D
Agent Agent lah, i not scare pple call me agent. When i make enough millions liao i go sign up be official agent. Everyday represent myself go meet prospective sellers n buyers. btw i still very angry with an agent tell me " no need to come viewing if not 1xxx psf" knnz , no view how to offer!!?
A lot of pple tio "agent suspection virus". My PS is powerful, no one can question i m agent.
devilplate
07-03-11, 00:29
btw i still very angry with an agent tell me " no need to come viewing if not 1xxx psf" knnz , no view how to offer!!?
haha....tat agt got communication skills problem....haha....shd tactfully check ur budget instead of telling u no such 1xxxpsf budget pls dun view....LOL
Agents getting arrogant again? I would have thought the cooling measures have humbled them.
fooblackie
07-03-11, 07:56
Went down for the H2O preview on 4th March evening. A huge turnout and avalanche of shoes and slippers outside the showflat. :p
The showflat only has the 3 bedroom (1130sqft) and the 4 bedroom (1389sqft) on display. No 2 bedder was featured....probably CDL was worried over the relatively small size of the 2 bedders which may turn off prospective buyers. At only 743sqft to 883sqft for 2 and 2+1 unit type, buyers who bought will most likely be looking at rental investment and exclusive usage of the numerous facilities being proposed by CDL, rather than own stay.
Good points on this project:
(1) Just next to Layar LRT Station. (Please also see "Not so good Point"-not near to main MRT).
(2) A lot of people kept mentioning that it is in a remote location. This is not true especially for those very familiar with the North East District. Access to the SLE, CTE, TPE and KPE are good.
(3) Amenities such as NTUC Fairprice and Foodcourt are within walking distance. I estimated less than 500m. (No point to actually travel another LRT station down). Also near to Jalan Kayu! Besides Roti Prata, there are various nice eateries and even a shop famed for selling durian and choclate cakes there. Selegie beacurd too.....
(4) There is definitely rental potential-AMK Industrial Parks and the Seletar Aerospace Park.
(5) Quite like the floor storage patented by CDL in one of the room. This was the only part that impressed my wife who went along to view the showflat.
(6) 540 underground parking lots relative to 521 units. Adequate parking which reduces potential conflicts.
(7) Superb landscaping and facilities on offer by CDL. Lovely! The whistling pavilions and Nature Terrace concepts are awesome. Another interesting point is that all the facilities and stacks actually started on the "2nd level". From the end of the secondary club house and lap pool, one is able to overlook the park connector and Punggol reservoir.....very well though out by the development team.
Not so good points:
(A) It is not next to the main MRT. Residents have to travel to Sengkang MRT and then take LRT. A bit troublesome as you have to dismount and then move on to another platform for the LRT.
(B) The bedrooms (including Master bedroom) are extremely tiny. Buyers beware. In the showflat, there are lots of mirrors, missing walls and even enlarged doorframe to make the unit seems bigger. The 3 bedroom at 1130sqft is definitely not family oriented. For those planning to stay there, you would need to consider at least the 3+1. 4 bedder is the best but then the quantum of the purchase price you need to sink in will be enormous. What ever happens to the adage that condo living is supposed to be an upgrade to quality of life?
(C) The interior finishing given sucks. Tiles pretending to be marble/stone lookalike given by CDL. Built in Wardrobe for the 2 common rooms are not sliding nature albeit the tiny room size (however, the Masterbedroom Wardrobe given are sliding and cleverly design). For 900psf pricing and taken into consideration of the land purchased price by CDL, it seems to me that buyers are shortchanged.
(D) No bathtub given. Only comes with the 4 bedder and Penthouses.
In summary, despite the exorbitant pricing by CDL, the riverfront living concept is indeed unique and an attractive one given the numerous developments in Sengkang right now (latest one being the announcement of a hospital by 2020.).
Quite a gd detailled writeup abt your views.
However, disagreed that this place is not "ulu". I am not sure what in your view is ulu, but this place definitely fits the bill in my humble opinion.
I stayed in seng kang for 6 years and i can tell you that although this is well-served by the expressways (SLE,. TPE) you mentioned, there is no other amenities. If the ntuc and coffeeshop is abt 500m away in another LRT station, then this place is undoubtly ulu.
FYI, this is not near to the KPE. It will take almost 7-10 min drive to hit the KPE as you need to cut thru almost the entire seng kang estate to get there. The number of traffic lights can hit double digits. KPE is the saver on the NE side of SG to get to town.
The "water-front" living concept, in my view, is purely a marketing gimmick. You got to see it to believe it.
Honestly, I dun see much rental prospect at this location. Those ECs nearer to Punggol park have a far better view (park & pond view) and nearer to amenities and expressway. They are priced so much cheaper too ($650psf thereabts), which makes this development seems so overly priced. If you are willing to fork out > $900psf, you can easily buy Compass pt or Quartz jus beside the MRTs. any acute investors will know this and the rental yields will beat this location hands-down.
Just my 2 :2cents:
phantom_opera
07-03-11, 08:59
The demand for the HDB BTO to the west next door is hot, seems like river view is attractive :simmering:
Fernvale Flora / Fernvale Gardens
Sengkang N4 C12 / N4 C18
(Standard Contract)
4-room
531 available
2013 appls
Fernvale Gardens
Sengkang N4 C18
(Standard Contract)
5-room
172 units
1035 appls
devilplate
07-03-11, 10:16
Honestly, I dun see much rental prospect at this location. Those ECs nearer to Punggol park have a far better view (park & pond view) and nearer to amenities and expressway. They are priced so much cheaper too ($650psf thereabts), which makes this development seems so overly priced. If you are willing to fork out > $900psf, you can easily buy Compass pt or Quartz jus beside the MRTs. any acute investors will know this and the rental yields will beat this location hands-down.
Just my 2 :2cents:
agree man....tats wat i told the agt who served me....LOL
but she say those r ECs at punggol park and compass/quartz r OLD project oredi so cannot compare as new launches always more exp....LOL
the view over at riverale and park green quite nice and vy windy too especially 10th flr and above......rivervale layout is better with all the 3 rooms facing the park/pond....but den tat unit i saw last time was on 14th flr and the condition not so gd with leaking problems in all the toilets.....so i din buy....was snapped up by another family few days later though....
Agents getting arrogant again? I would have thought the cooling measures have humbled them.
Note down unprofessional behaviour and lodge complaint to Council of Estate Agents.
fooblackie
07-03-11, 12:01
agree man....tats wat i told the agt who served me....LOL
but she say those r ECs at punggol park and compass/quartz r OLD project oredi so cannot compare as new launches always more exp....LOL
the view over at riverale and park green quite nice and vy windy too especially 10th flr and above......rivervale layout is better with all the 3 rooms facing the park/pond....but den tat unit i saw last time was on 14th flr and the condition not so gd with leaking problems in all the toilets.....so i din buy....was snapped up by another family few days later though....
I stayed at park Green before. Those units facing the park will have all rooms and living facing the park, except for 4-bedders whereby one of the smaller rooms will be tucked in.
Just get > 7 floors and you can see the entire landscape of punngol park and pond. Very breathtaking indeed!
devilplate
07-03-11, 12:04
I stayed at park Green before. Those units facing the park will have all rooms and living facing the park, except for 4-bedders whereby one of the smaller rooms will be tucked in.
Just get > 7 floors and you can see the entire landscape of punngol park and pond. Very breathtaking indeed!
wat a pity tat u moved out....u sold or rent it out? hows the rental there?
agent should compare against greenwich, new launch and then this will look reasonable...
As for compass heights, think there will be more upside with the hospital and another plot of land around the central up for GLS.
agree man....tats wat i told the agt who served me....LOL
but she say those r ECs at punggol park and compass/quartz r OLD project oredi so cannot compare as new launches always more exp....LOL
the view over at riverale and park green quite nice and vy windy too especially 10th flr and above......rivervale layout is better with all the 3 rooms facing the park/pond....but den tat unit i saw last time was on 14th flr and the condition not so gd with leaking problems in all the toilets.....so i din buy....was snapped up by another family few days later though....
http://www.businesstimes.com.sg/sub/companies/story/0,4574,428776-1299268740,00.html?
Published March 4, 2011
CDL to preview Sengkang condo today
By KALPANA RASHIWALA
CITY Developments Ltd (CDL) is expected to preview its H2O Residences condo next to Layar LRT Station in the Sengkang area today.
The average price for the 99-year leasehold condo, which is beside Punggol Reservoir, is expected to be slightly above $900 per square foot.
A preview for staff and VVIPs is expected in the morning, before sales begin for other buyers who have submitted cheques to the project's marketing agents, CB Richard Ellis and Huttons, say sources.
The development comprises five blocks, ranging from 19 to 23 storeys.
CDL is developing the condo on a plot that it clinched in a hotly-contested state tender in February last year for $200.5 million, or $365.26 per square foot per plot ratio (psf ppr).
This was some 13 per cent higher than the next highest offer of about $322 psf ppr by Far East Organization. The tender drew 10 bids in all.
Prices for one-bedroom units are expected to start from $550,000. Two-bedders will be priced from $680,000 and two-bedroom-with-study units from $760,000.
The project comprises 521 apartments and a shop unit. The apartment types range from one-bedroom units to four-bedders and penthouses. However, CDL is expected to initially release 120-150 units for this morning's preview.
H20 Residences will include 19 one-bedders, ranging from 527 sq ft to 710 sq ft. The 102 two-bedders are between 743 sq ft and 1,141 sq ft while the 147 two-bedroom-plus-study units are between 850 sq ft and 1,206 sq ft.
Last week, Chip Eng Seng reported that it had sold 75 apartments in its 301-unit My Manhattan condominium near Simei MRT at an average price of $1,100-$1,200 psf.
City Development's new residential estate sells 75% of units over weekend (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1114893/1/.html)
By Jonathan Peeris | Posted: 07 March 2011 1922 hrs
SINGAPORE: City Developments says its first residential launch for the year, H2O Residences, has met with a good response from home buyers with 75 per cent of the units launched over the weekend sold.
Some 200 out of the 521 units in the nature-inspired development were launched over the private preview weekend.
A total of 150 units were sold at the the 99-year development.
CDL says the units were priced at an early bird average of about S$920 dollars per square foot.
Singaporeans comprised 85 per cent of the buyers, with permanent residents and foreigners from China, Hong Kong, Indonesia, India, Malaysia and Vietnam making up the remaining 15 per cent.
The units sold were mainly 2-bedroom, 2-bedroom plus Study, 3-bedroom and 4-bedroom apartment types.
The development is located in the heart of Sengkang New Town with the Layar LRT station right at its doorstep.
In a statement, CDL said savvy investors can also leverage on the development's proximity to the future Seletar Aerospace Park for rental and capital value appreciation potential.
- CNA/cc
75%?? singaporeans really have no place to spend money.
This is bad. Why are people so blinded by the glitz and marketing ploy of developers? Even with better facilities in this north eastern town, it is still pretty out of place.
Wild Falcon
07-03-11, 21:34
No MRT at Sengkang also can sell at $920psf with early bird discount? Then no discount mean $1000psf? Northeast is the most non-descript part of SG with absolutely no personality.
A semi expressway will be build to link YCK to Stonehills rd (TPE), there will be an exit to this H2O. Here no mrt but got Peh Kee (plane).
To see future development "take off" here must wait till neck long long, 5~6years?
This is Captain Kwek speaking, this will be a long flight & hope u have a pleasant journey. Buyers please watch the safety video & cabin crew to ur seats. Prata will be served shortly after take off. When approaching to our destination pls shout HUAT AH during landing. :cheers1:
bargain hunter
08-03-11, 07:32
the follow-up headline in BT today is the type asking for more cooling measures. :doh:
CDL raises H20 Residences average price to $920 psf
150 units sold of 200 released so far; S'poreans account for 85% of buyers
City Development's new residential estate sells 75% of units over weekend (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1114893/1/.html)
By Jonathan Peeris | Posted: 07 March 2011 1922 hrs
SINGAPORE: City Developments says its first residential launch for the year, H2O Residences, has met with a good response from home buyers with 75 per cent of the units launched over the weekend sold.
Some 200 out of the 521 units in the nature-inspired development were launched over the private preview weekend.
A total of 150 units were sold at the the 99-year development.
CDL says the units were priced at an early bird average of about S$920 dollars per square foot.
Singaporeans comprised 85 per cent of the buyers, with permanent residents and foreigners from China, Hong Kong, Indonesia, India, Malaysia and Vietnam making up the remaining 15 per cent.
The units sold were mainly 2-bedroom, 2-bedroom plus Study, 3-bedroom and 4-bedroom apartment types.
The development is located in the heart of Sengkang New Town with the Layar LRT station right at its doorstep.
In a statement, CDL said savvy investors can also leverage on the development's proximity to the future Seletar Aerospace Park for rental and capital value appreciation potential.
- CNA/cc
fooblackie
08-03-11, 07:53
wat a pity tat u moved out....u sold or rent it out? hows the rental there?
i sold it away cos need to move back to the west. Not a bad place if you like parkview and have a car to move around. (Just that not much amentities around). That's why it is "quiet" and serene haha. The development is quite well maintained and looks relatively new and modern looking. The best part is still the park view. The KPE is just at the doorstep so you can hit orchard in 20 min flat if the traffic permits.
the prices nowsaday are incredible. Some units are transacting > $700psft for this EC!
Rental-wise not sure. I reckon should be around $3k thereabouts for a 3-bedder (1200 - 1350 sqft).
no hard feeling, I juz continue my comment from your last post and not referring you as the agent.......
but from the numerous comments seem here, I can sense their presence.
back to the good response on this developement, really kudos to the buyers for kissing forever goodbye to their $$$. Still all the best to them.....
anyway, who can really tell whether the report of 85% sale is true? especially when it is based on small qty like 200units......
i give some encouragement to tat guy who take an effort to write a review....ppl say i agt? haha....btw his writeup quite unbias in fact....
another one aso say i agt when i say manhattan sold 70+ units....which i actually read from ST.....haha
ok la....all agts here....u toking bad about this project....u r sore loser?? waiting to buy at cheaper price ? haha....btw, i aso tok bad abt this project....i aso sore sore...haha
tok gd abt a project must b agent or vested interest....
tok bad abt a project must be sore loser or waiting to buy at cheaper price.....
Dark Knight
08-03-11, 19:31
no hard feeling, I juz continue my comment from your last post and not referring you as the agent.......
but from the numerous comments seem here, I can sense their presence.
back to the good response on this developement, really kudos to the buyers for kissing forever goodbye to their $$$. Still all the best to them.....
anyway, who can really tell whether the report of 85% sale is true? especially when it is based on small qty like 200units......
What does it matter even if 85% sales are indeed true? People like you would still be skeptical no matter what. This reminds me 2 years plus back when "Gurus" like Kale kept saying North East property not even worth 800psf and it will be a mistake to buy. Don't act clever lah. Even if there is market correction, future developments in Seng Kang and inflation will still make this project break even for buyers in future....key point is got holding power....property cycles got ups and downs. Self professed "Gurus" like Kale are simply too narrow minded. Let's bet on the final psf in year 2015 to see who is right..should we...dare you...on anot?
CDL made a gamble on this one. Sengkang, is there any condo at all ? But there are a lot of young families, who had bought HDB new 5 yrs ago cheap cheap. Major upgraders demand there. For own stay, forward pricing is not a problem. Upgraders just need to make sure they can afford the installments.
phantom_opera
08-03-11, 20:03
CDL made a gamble on this one. Sengkang, is there any condo at all ? But there are a lot of young families, who had bought HDB new 5 yrs ago cheap cheap. Major upgraders demand there. For own stay, forward pricing is not a problem. Upgraders just need to make sure they can afford the installments.
well said, if u take lrt tour sengkang east loop hdb jungle, u will realize there is a huge market.
743sqft, 797sqft, quantum 700k-750k cheap cheap for hdb upgraders lah who got their flat for 200k+ back in 2005/2006.
4r HDB hitting 500k already in Sengkang:
265E Compassvale Bow 16 to 20 92sqft
Premium Apartment 2007 $518,000.00
265E Compassvale Bow 06 to 10 92sqft
Premium Apartment 2007 $503,000.00
very old 3br in geylang oso can sell high:
108 Aljunied Cres 01 to 05 68sqft
New Generation 1981 $308,000.00
Official website is up:
http://www.cdl.com.sg/h2oresidences/
Met an arrogant agent at the showroom today. Everytime I meet one of these people, I wonder if market transactions are picking up.
well said, if u take lrt tour sengkang east loop hdb jungle, u will realize there is a huge market.
743sqft, 797sqft, quantum 700k-750k cheap cheap for hdb upgraders lah who got their flat for 200k+ back in 2005/2006.
4r HDB hitting 500k already in Sengkang:
265E Compassvale Bow 16 to 20 92sqft
Premium Apartment 2007 $518,000.00
265E Compassvale Bow 06 to 10 92sqft
Premium Apartment 2007 $503,000.00
very old 3br in geylang oso can sell high:
108 Aljunied Cres 01 to 05 68sqft
New Generation 1981 $308,000.00
but the 265E units are not 5yr yet, should be exception cases then can sell only right
Wild Falcon
12-03-11, 18:51
Quite true 2 years ago mah. 2 years ago sizes are all quite big, so had developers bulit that size say 1300 sqft for 3 bedders, probably not worth 800psf. The absolute quantum is not huge due to the small sizes. In any case, the resale also hovering around 800psf only, so well, if u enter 2 years ago at 800psf, might not make any money.
What does it matter even if 85% sales are indeed true? People like you would still be skeptical no matter what. This reminds me 2 years plus back when "Gurus" like Kale kept saying North East property not even worth 800psf and it will be a mistake to buy. Don't act clever lah. Even if there is market correction, future developments in Seng Kang and inflation will still make this project break even for buyers in future....key point is got holding power....property cycles got ups and downs. Self professed "Gurus" like Kale are simply too narrow minded. Let's bet on the final psf in year 2015 to see who is right..should we...dare you...on anot?
sengkang is not really ulu....
most HDBs have appreciated 100% from 5yrs ago...
this river is going to be transformed into a reservoir and i was told that they are going to make it livelier by having F&B along the stretch of the PCN from Sengkang all the way to Punggol...
Dark Knight
13-03-11, 14:03
Quite true 2 years ago mah. 2 years ago sizes are all quite big, so had developers bulit that size say 1300 sqft for 3 bedders, probably not worth 800psf. The absolute quantum is not huge due to the small sizes. In any case, the resale also hovering around 800psf only, so well, if u enter 2 years ago at 800psf, might not make any money.
Hi Wild Falcon, what I am talking about does not involve the quantum as a primary factor....think you are mistaken. For example, around 3 years ago, Kovan area property going around 800psf..for 110sqm above. Then all the self professed Gurus come in to whack and say North East area not worth this kind of price...quote traffic jam, planters and bay windows wastage of space etc etc. Then 3 months later, the Global Financial Crisis (GFC) came and the property market prices dropped sharply. Eg: You can get Kovan Residences for 650-750psf. Guocoland dumped the remaining unsold The Quartz next to Buangkok MRT unit for 600over psf etc.
My point is even if one have bought at before the GFC pricing.....you would still be looking at a 6 digit profit. (Not to mention stamp duties exemption for certain projects). The current resales prices of such areas by the way is not 800psf....it hovers more of around 900psf to 1100psf.
Holding power is the key while waiting for an area to be developed or the property cycle sentiment to revive even during economic crisis. I would say forumer like Clover are the more savvy investor who look at long term. We can all argue till the cows come home on how ulu is Seng Kang right now.
Clover, are you an original owner of Clover by the Park? If so congrats! Remember the launch price then was 750psf.
yes, one of those that bought on day2 at under 700psft...
so tempting to sell now as the market is asking close to 1000psft. but the park surrounding is so nice and the area is still quite hot with 2 new launches coming soon....
and we got McDonalds at our doorstep...
yes, one of those that bought on day2 at under 700psft...
so tempting to sell now as the market is asking close to 1000psft. but the park surrounding is so nice and the area is still quite hot with 2 new launches coming soon....
and we got McDonalds at our doorstep...
what size did you buy?
Corner would be a 4 bedder?
Corner would be a 4 bedder?
For the corner units, 4 bedders are 13th floor up....while 3 bedders are 12th and below.
The corner units are the nicest. Although they have the longest walkway. I wonder how's the view from the circular master bathroom. Would have been better if it was one-way instead of frosted.
Went to the H20 showflat yesterday, heaps of pple. I estimate from the unit plan, about 40-45% sold, which are mainly the 2 bedders and 2 + 1. There are still 1 bedders availabe from $590k for a high floor one. Was offered a 3+study with pool and indirect river view for about $1.1m.
The corner units are the nicest. Although they have the longest walkway. I wonder how's the view from the circular master bathroom. Would have been better if it was one-way instead of frosted.
Went to the H20 showflat yesterday, heaps of pple. I estimate from the unit plan, about 40-45% sold, which are mainly the 2 bedders and 2 + 1. There are still 1 bedders availabe from $590k for a high floor one. Was offered a 3+study with pool and indirect river view for about $1.1m.
More ex than 8@w 4 bedder when it was launched in 09! :scared-3:
phantom_opera
14-03-11, 10:19
Not surprised at all. In fact H2O can sell better than Waterfront Isle simply because the design/quantum is more targetted to HDB upgraders.
the 4 bedder only 1 stack, think all saptu by the VVIP:eek: . want aslo cannot get
More ex than 8@w 4 bedder when it was launched in 09! :scared-3:
think the waterfront better. location, mrt, good schools, waterfront better. view of river/reservoir give and take about the same. Think some buy a 2 bedder (or 2+1) as a bet, if prices run up can sell, if not can either rent out or squeeze and move in lor. Especially if HDB already fully paid.
Not surprised at all. In fact H2O can sell better than Waterfront Isle simply because the design/quantum is more targetted to HDB upgraders.
devilplate
14-03-11, 10:57
think the waterfront better. location, mrt, good schools, waterfront better. view of river/reservoir give and take about the same. Think some buy a 2 bedder (or 2+1) as a bet, if prices run up can sell, if not can either rent out or squeeze and move in lor. Especially if HDB already fully paid.
h20 got silly LRT right at doorstep leh....hehe....it was one of the strong selling point.....LRT+river view+park connector:D
linchong84
14-03-11, 11:01
Think isle sales are better.
Not surprised at all. In fact H2O can sell better than Waterfront Isle simply because the design/quantum is more targetted to HDB upgraders.
I think the Isle sales were better. End of the day, this is still a longkang. Not sure whether u guys visited the showroom, the water look like a swamp, and govt got no plans to do anything to it yet. The jetty is also yet to be approved by ura and even if approved, it is opened to the public, not exclusive. The design has nothing special, except the rooms are especially small, which couldn't be what upgraders like.
Some of you mentioned projects like quartz, etc that have risen in value, but that's because of the opening of mrt stations like buangkok. But this fernvale will not have mrt in the next 50 years because there's already an lrt track/station. Even for resale/rental, nearby seletar springs (genuinely look like resort style living with the low floors) selling at 650-700 psf, so this h2o will find it hard to become a good property investment in terms of resale/rental value.
So location, this one jialat. Finishing, also jialat. Price dun need to say liao. Anyway the agent is very smoky, keep on say punggol mrt condo is going to launch at above 1.3k psf.. Not say impossible lah, but if so then might as well buy centro..
linchong84
14-03-11, 11:09
And only the 4 bedder stacks face the longkang. The rest either face pool, face lrt track or face school. North of it is going to be a school, will be super noisy. West of it is going to be 2 hdb btos. South of it is lrt track + upcoming dbss. East of it is the longkang which don't really look very nice and high chance attract mosquitoes as ura got no plans for it yet. So, really good?
devilplate
14-03-11, 11:10
Anyway the agent is very smoky, keep on say punggol mrt condo is going to launch at above 1.3k psf.. Not say impossible lah, but if so then might as well buy centro..
shd be 1.1k to 1.3k+psf....so he is not wrong by quoting u the highest psf....haha:D
when this punggol launch at 1.2kpsf...the rest of the projects in SG will sell fast.....did u realise the buying sentiment sort of lifted up by the ridiculous land bid at bishan?:D
linchong84
14-03-11, 11:37
She didn't say 1.3k. She say ABOVE 1.3. Then she show me the developer bid price of 750++ psf, I try to correct her that this is with commercial as well so can't calculate the normal breakeven so simply. But she refuses to heed and keep insists. And I find it irritating that every single showroom I go to now, the agents sure mention bishan plot bid. Listen till sian liao. I tell the agent don't compare bishan to sk. Bishan so centre and got so many good school, h2o only got a fernvale pri within 1km.. How to compare?? She also tell me the seletar aerospace is very near so will be good. Then I ask her since it's near then will have aircraft noise or not. Then she told me dun worry, it is quite far away.. Diaozzzzz...
devilplate
14-03-11, 12:11
She didn't say 1.3k. She say ABOVE 1.3. Then she show me the developer bid price of 750++ psf, I try to correct her that this is with commercial as well so can't calculate the normal breakeven so simply. But she refuses to heed and keep insists. And I find it irritating that every single showroom I go to now, the agents sure mention bishan plot bid. Listen till sian liao. I tell the agent don't compare bishan to sk. Bishan so centre and got so many good school, h2o only got a fernvale pri within 1km.. How to compare?? She also tell me the seletar aerospace is very near so will be good. Then I ask her since it's near then will have aircraft noise or not. Then she told me dun worry, it is quite far away.. Diaozzzzz...
relax...take it easy....we tend to argue with 'silly cum stubborn' agts as we noe more den those agts about our local ppty mah.....
last time i argue with an agt at zedge showflat.....we argue about zedge vs southbank/citylights
mabe its a blessing in disguise tat i realise citylights/southbank its really a gem after the brainstorming session wif her....haha;)
did u see the number of agents there? i think with 521 units and around 250 sold, that means some agents still waiting for their first sale...
hence all this desperate convincing talk....
the river in fact is not a longkang lah... it is being developed into a reservoir under the ABC project. you can see already PCN on both sides of the river....
This PCN will connect all the way to Punggol Point where the famed Punggol beach is and where the Punggol Marina seafood can be found.
I believe it wil also continue further to join the new Punggol East Promenade where they have the newly opened Riverside Walk with Popeyes, Xian Seafood and some italian bar called Frienzie.
I would think they will extend some sort of F&B on the Sengkang side since they already spent so much on the floating bridge at the Sports Complex and 2 fruit farm parks which currently appears to be bare jogging tracks.
Overall, H20 is indeed overpriced and i believe ppl are buying now just to hedge against coming inflation.
...did u realise the buying sentiment sort of lifted up by the ridiculous land bid at bishan?:D
haha Liew had learned from FEO: never mind the single plot price, the key point is to boost sentiment for all projects around. Now he can tell everyone look leedon is so underpriced. :D
not only liew, every developer can say their project underpriced thanks to that bishan plot.
haha Liew had learned from FEO: never mind the single plot price, the key point is to boost sentiment for all projects around. Now he can tell everyone look leedon is so underpriced. :D
devilplate
14-03-11, 13:36
haha Liew had learned from FEO: never mind the single plot price, the key point is to boost sentiment for all projects around. Now he can tell everyone look leedon is so underpriced. :D
ya lor...vy powerful strategy indeed....the whole market sentiment is truely lifted up now:cool:
last time centro...now this bishan....clapX2
I think the PCN is overhype. Yah can see very hungry agents from the 2 camps over there, once you confirm you have no appointment, the designated camp will release one to pounce on you.
did u see the number of agents there? i think with 521 units and around 250 sold, that means some agents still waiting for their first sale...
hence all this desperate convincing talk....
the river in fact is not a longkang lah... it is being developed into a reservoir under the ABC project. you can see already PCN on both sides of the river....
This PCN will connect all the way to Punggol Point where the famed Punggol beach is and where the Punggol Marina seafood can be found.
I believe it wil also continue further to join the new Punggol East Promenade where they have the newly opened Riverside Walk with Popeyes, Xian Seafood and some italian bar called Frienzie.
I would think they will extend some sort of F&B on the Sengkang side since they already spent so much on the floating bridge at the Sports Complex and 2 fruit farm parks which currently appears to be bare jogging tracks.
Overall, H20 is indeed overpriced and i believe ppl are buying now just to hedge against coming inflation.
yah very true... but they didnt sell me the PCN storey....
i was just referring to the longkang remark....
agents were selling it as "near aerospace" and the popular "record bishan plot bid..."
but since they noticed my kids with me, straight away trying to push me the 4 bedder at stack 8 and 21...
linchong84
14-03-11, 14:52
yah very true... but they didnt sell me the PCN storey....
i was just referring to the longkang remark....
agents were selling it as "near aerospace" and the popular "record bishan plot bid..."
but since they noticed my kids with me, straight away trying to push me the 4 bedder at stack 8 and 21...
The site of the river at H2O high chance won't have much development. The river is quite long, they cant have developments at every river edge. Likelihood as what's drawn in the sketch, only a park connector. The hype and most of the waterfront nice stuff are at the Punggol area. Sengkang West is always neglected one. Even if very optimistically let it have some developments, the price to pay for non-river view is too much. That's why I said the 4 bedder maybe make sense. The rest seem a bit too ex, there are some units that reach above 1k psf that faces the pool only.
The agents were trying so hard to come out with all sorts of funny good things. But majority of these all smoke one. "3 minutes ride to MRT station", "homogenous tiles are better than marble", "parquet no longer trendy nowadays, laminated flooring is better", "950 psf is very very cheap", "surrounding all private estates". Being pushy is ok, but say this kind of thing is outright lies. Sibei jialat..
devilplate
14-03-11, 16:15
The agents were trying so hard to come out with all sorts of funny good things. But majority of these all smoke one. "3 minutes ride to MRT station", "homogenous tiles are better than marble", "parquet no longer trendy nowadays, laminated flooring is better", "950 psf is very very cheap", "surrounding all private estates". Being pushy is ok, but say this kind of thing is outright lies. Sibei jialat..
sounds very familiar!!!!
tat agt says parquet harder to maintain....laminate better! marble is porous and easily stained so tiles r better! any new launches below 1kpsf...just GRAB!
haha....den i ask tat agt y those high end condos nvr use tiles and laminate since they r better?:D :p
Don't bother arguing with the agent, their job is to SELL. The one that served me try and sell me a 1 bedder, saying it'll surely make money. And when i didn't look interested, he didn't even bother showing the rest of the showflat. So I decided to walk off. Lousy service. Sell house like sell vegetables.
the funniest part was the so called CDL patented designed "hidden storage" in one of the bedrooms.
when i asked why only one bedroom have this? She told me its a patented design and they want to test market if it is popular or not...
*faint*
the silly thing is, the room was so small that if you put a queen size bed, the hidden storage will forever stay hidden unless you lift the whole bed up!
Only if you are using a mattress that you can move around. But frankly, that will be a forgotten storage. I don't even dig into the contents of my storeroom, not to mention hidden floor storage like this.
bargain hunter
15-03-11, 08:50
CityDev sells 50 more units at H2O
CITY Developments sold a further 50 units at H20 Residences last week, taking total sales in the project to 200 units. The developer has released 280 of the total 521 apartments in the 99-year leasehold condo in the Sengkang area. The average price is $920 psf.
No wonder why the agent sounded so aloof.
fooblackie
15-03-11, 09:06
CityDev sells 50 more units at H2O
CITY Developments sold a further 50 units at H20 Residences last week, taking total sales in the project to 200 units. The developer has released 280 of the total 521 apartments in the 99-year leasehold condo in the Sengkang area. The average price is $920 psf.
nuts! if i got the monies, I will take it and buy Quartz of Compass heights which are retailing lower than this PSF. I think I can even have loose change to redo the entire house.
$920psf is simply not worth it for this location. Gd job by the suckers agents though - well done!
$920psf is simply not worth it for this location. Gd job by the suckers agents though - well done!
The agents are not suckers. They are good as they can convince buyers to sign on the dotted line. As to the buyers, I can only say good luck and hope that they really like the place....
linchong84
15-03-11, 09:22
I went there, the agents told me all stacks are fully released. All stacks got some units crossed out here and there. Now they say only 280 released?? Hahaha up to people to believe..
phantom_opera
15-03-11, 09:33
Give some break lah, people want to buy 743sqft/797sqft 2br cannot meh? Quantum very low what ;)
bargain hunter
15-03-11, 09:39
yah, when they can't move as fast, then they declare that those not sold are not released. LOL. :D
I went there, the agents told me all stacks are fully released. All stacks got some units crossed out here and there. Now they say only 280 released?? Hahaha up to people to believe..
devilplate
15-03-11, 09:48
yah, when they can't move as fast, then they declare that those not sold are not released. LOL. :D
they always can say they will sell those unreleased stack upon request....show me the chq....i released it for u:D
Go and check the selling price of fernvale BTOs near H2O.. 200+k for a 4-room HDB 1000sqft unit.. compared to a equivalent size 1000+sqft 3 bedder selling at 920psf... H2O is grossly overpriced! Why still got suckers buying at this exhorbitant price? Dun understand lei
devilplate
15-03-11, 10:38
Go and check the selling price of fernvale BTOs near H2O.. 200+k for a 4-room HDB 1000sqft unit.. compared to a equivalent size 1000+sqft 3 bedder selling at 920psf... H2O is grossly overpriced! Why still got suckers buying at this exhorbitant price? Dun understand lei
its BTO la...how to compare.....BTO is a surest way to make $$$ leh....shd compare using resale flats lor....
some1 says those flats near buangkok mrt hit 500k for 4rm leh....92sqm only....
i understand that the 5 rms at fernvale resale is about $500k, so maybe like common belief, condo just x 2 lor. :p
its BTO la...how to compare.....BTO is a surest way to make $$$ leh....shd compare using resale flats lor....
some1 says those flats near buangkok mrt hit 500k for 4rm leh....92sqm only....
Fernvale HDBs hit above 500k already..
Still got Greenwich V to come about, am sure will hit 550k soon...
linchong84
15-03-11, 12:34
Fernvale HDBs hit above 500k already..
Still got Greenwich V to come about, am sure will hit 550k soon...
Good. That means sengkang mrt resale will hit 600-650? Amk mrt will hit 700-750? Bishan 800? Tanjong pagar 1m?
devilplate
15-03-11, 14:36
Good. That means sengkang mrt resale will hit 600-650? Amk mrt will hit 700-750? Bishan 800? Tanjong pagar 1m?
HDB price diff not tat much....unlike pte
mightyleftfoot
18-03-11, 09:20
h20 got silly LRT right at doorstep leh....hehe....it was one of the strong selling point.....LRT+river view+park connector:D
LRT not equivalent to MRT, in fact frequency of LRT is around 10 minutes and it's a big loop too. Takes another 10 + minutes to reach SK, so total 20 minutes for such a short distance. Ridiculous...:doh:
Agent compared this place to Greenwich and even said the moment you buy, you make profit bcos of Greenwich selling price....:doh:
phantom_opera
18-03-11, 09:42
The advertisement on TV is superb ;) It is exploiting the kid's element like Mc Donald
[Agent compared this place to Greenwich and even said the moment you buy, you make profit bcos of Greenwich selling price....:doh:[/quote]
Wah! So good to f#@k, dun need to have a wife already lah:banghead:
The advertisement on TV is superb ;) It is exploiting the kid's element like Mc Donald
They should show her crying in her ultra small kid's room or trapped in the floor storage....haa haa... :rolleyes:
devilplate
18-03-11, 10:46
They should show her crying in her ultra small kid's room or trapped in the floor storage....haa haa... :rolleyes:
u r so devilish! but i like it:D
phantom_opera
18-03-11, 10:57
Not true lah, illusion of space can be created using various techniques. I think ceiling height does play a major role.
And you never watch Narnia ? Floor storage space can lead to another world :tongue3:
Of course, investment potential is close to zero except for those river-view units. Why they don't build roof garden like WFI .. that will increase the overall value of each unit :beats-me-man:
Dark Knight
18-03-11, 18:24
LRT not equivalent to MRT, in fact frequency of LRT is around 10 minutes and it's a big loop too. Takes another 10 + minutes to reach SK, so total 20 minutes for such a short distance. Ridiculous...:doh:
Agent compared this place to Greenwich and even said the moment you buy, you make profit bcos of Greenwich selling price....:doh:
Another act clever guru here. With regards to the LRT frequency, please get your facts right....and also the time taken to SK MRT. :doh: Plus also at Peak hour, the waiting time will futher reduce by 35%. Not sure what you gain by distorting the facts here and doing lots of Sengkang bashing for.....as per what other gurus enjoy saying....."I suspect you must be some property agent for probably other developments (probably working at Bedok Reservoir marketing Waterfront Isle ) and trying to talk down Seng Kang condos in order to get them buy elsewhere".....hahaha.
linchong84
18-03-11, 18:36
Another act clever guru here. With regards to the LRT frequency, please get your facts right....and also the time taken to SK MRT. :doh: Plus also at Peak hour, the waiting time will futher reduce by 35%. Not sure what you gain by distorting the facts here and doing lots of Sengkang bashing for.....as per what other gurus enjoy saying....."I suspect you must be some property agent for probably other developments (probably working at Bedok Reservoir marketing Waterfront Isle ) and trying to talk down Seng Kang condos in order to get them buy elsewhere".....hahaha.
Have to agree with Dark Knight. It can't be 20 min. During peak hours, it moves in 2 directions and the frequency is definitely not 10 min. I think around 3-5 min (not sure of west loop. but the other east loop is around 3 min). Actually some sites of Sengkang are good, just like the new site won by Keppel. H2O site definitely pales in comparison but their prices did not reflect the same pale. H2O site was won at around 360 psf, the new site is 503 psf. So maybe the new site has to sell at 1.1k-1.2k psf for H2O pricing to make sense.
phantom_opera
18-03-11, 19:48
Don't pray pray .... Sengkang has lots of HDB upgraderes :scared-3:
can't wait for banks to increase interest rates and we can see who are real upgraders and who are the real punters!
If sure make, all the agents and relatives would have bought everything. There's no such thing as "sure make".
devilplate
19-03-11, 00:50
If sure make, all the agents and relatives would have bought everything. There's no such thing as "sure make".
They meant hold for donkey yrs sure huat! Haha
Some of those owners who have held for donkey years from 1997 have not huat huat yet ah.
mightyleftfoot
19-03-11, 18:10
Another act clever guru here. With regards to the LRT frequency, please get your facts right....and also the time taken to SK MRT. :doh: Plus also at Peak hour, the waiting time will futher reduce by 35%. Not sure what you gain by distorting the facts here and doing lots of Sengkang bashing for.....as per what other gurus enjoy saying....."I suspect you must be some property agent for probably other developments (probably working at Bedok Reservoir marketing Waterfront Isle ) and trying to talk down Seng Kang condos in order to get them buy elsewhere".....hahaha.
Dont try to guess who I am. You can ask me and I can tell you straight. I am sharing bcos I know the place.
i live there. No benefit to talk down the place. U should try experience it at different times of the day before you even start flaming. how did u even come up with 35%...official figures from SBS Transit? :doh:
I rest my case.
mightyleftfoot
19-03-11, 18:14
Have to agree with Dark Knight. It can't be 20 min. During peak hours, it moves in 2 directions and the frequency is definitely not 10 min. I think around 3-5 min (not sure of west loop. but the other east loop is around 3 min). Actually some sites of Sengkang are good, just like the new site won by Keppel. H2O site definitely pales in comparison but their prices did not reflect the same pale. H2O site was won at around 360 psf, the new site is 503 psf. So maybe the new site has to sell at 1.1k-1.2k psf for H2O pricing to make sense.
During peak, u face the problem of not even getting to board. During non peak, if the loop is wrong direction, it's a joy ride...Agree with you that the sites around town centre are definitely good buys but prices are super ex...
Some of those owners who have held for donkey years from 1997 have not huat huat yet ah.
Yah loh...not forgetting they have paid 14 years worth of interests to the bank so far....how to break even when bishan 8 was launched around 1100psf 14 years ago? :scared-1:
Yah loh...not forgetting they have paid 14 years worth of interests to the bank so far....how to break even when bishan 8 was launched around 1100psf 14 years ago? :scared-1:
can. only if it was rented out all the time from TOP...
Dark Knight
19-03-11, 23:42
Dont try to guess who I am. You can ask me and I can tell you straight. I am sharing bcos I know the place.
i live there. No benefit to talk down the place. U should try experience it at different times of the day before you even start flaming. how did u even come up with 35%...official figures from SBS Transit? :doh:
I rest my case.
Yes the 35% is indeed official numbers from SBS Transit. :doh:. You are not the only one who knows that place and not just you live there. It is weird that tot you claim to live there you dunno the place. FYI, you are also not the only one who took LRT in Sengkang...many pple do (including me to visit relatives) and it definitely cannot be 20mins....confirm! I do suspect that the 20mins you are talking about is from the moment you have set off from your home to the LRT station and then to Seng Kang MRT. FYI2, I am not really interested to guess who you are or flame you (my apologies). Just digging at those fellow act clever forumers who likes to call others Property agents.
Yes the 35% is indeed official numbers from SBS Transit. :doh:. You are not the only one who knows that place and not just you live there. It is weird that tot you claim to live there you dunno the place. FYI, you are also not the only one who took LRT in Sengkang...many pple do (including me to visit relatives) and it definitely cannot be 20mins....confirm! I do suspect that the 20mins you are talking about is from the moment you have set off from your home to the LRT station and then to Seng Kang MRT. FYI2, I am not really interested to guess who you are or flame you (my apologies). Just digging at those fellow act clever forumers who likes to call others Property agents.
Just trying to offer comments... It can really be 20 mins (10mins wait plus 10mins ride) depending on which time of the day it is. During non-peak hours, it is one direction so though you may be just one or two stops from CP, the train will go one big loop so travel time is about 10mins. Furthermore, non peak hours frequency is lower so longer waiting time and all in all its about 20mins. I know this well coz i usually drive so that one or two times I hop onto the LRT, I nearly fainted. Regret not driving to CP. :scared-1:
Anyway, H2O residence, to many, might be overpriced but still there are buyers coz of the following reason. Remember when Kovan Residence was launched, it was severely overpriced at about 900+ psf. It was totally unheard of in D19 then (3 yrs back). Now, 900+ psf just beside MRT is a steal. H2O is having the same sentiments. 920psf is ridiculous and totally unheard of in Seng Kang but in 3 to 5 yrs, when the ABC waters is near completion, pple will regret not buying it at 920psf then. This clearly shows the mentality of human beings. We are SELDOM satisfied because of what we see NOW and not what will happen in the future... Those 200+ people who bought the place probably see the future therefore they'll pay ridiculous prices NOW... Hahaha... :D CDL already sold nearly half the number of units so they probably are about to break even already. They can slowly sell the remaining units over the next 4 years during the construction process and can now afford to raise the psf even further coz they don't need the cash to complete this project already. Unless they need the cash for other projects. Kovan Residence still not fully sold and developers not urgent to sell and also not bringing down the psf. Look who's laughing NOW...
The advertisement on TV is superb ;) It is exploiting the kid's element like Mc Donald
The mere frequency of the ad is bordering on irritation...
The mere frequency of the ad is bordering on irritation...
Like! I think so too.
Like! I think so too.
It's a signs of thick profit margins. Huntum $$$ to make sure whole singapore know.
Dark Knight
21-03-11, 05:04
Just trying to offer comments... It can really be 20 mins (10mins wait plus 10mins ride) depending on which time of the day it is. During non-peak hours, it is one direction so though you may be just one or two stops from CP, the train will go one big loop so travel time is about 10mins. Furthermore, non peak hours frequency is lower so longer waiting time and all in all its about 20mins. I know this well coz i usually drive so that one or two times I hop onto the LRT, I nearly fainted. Regret not driving to CP. :scared-1:
Anyway, H2O residence, to many, might be overpriced but still there are buyers coz of the following reason. Remember when Kovan Residence was launched, it was severely overpriced at about 900+ psf. It was totally unheard of in D19 then (3 yrs back). Now, 900+ psf just beside MRT is a steal. H2O is having the same sentiments. 920psf is ridiculous and totally unheard of in Seng Kang but in 3 to 5 yrs, when the ABC waters is near completion, pple will regret not buying it at 920psf then. This clearly shows the mentality of human beings. We are SELDOM satisfied because of what we see NOW and not what will happen in the future... Those 200+ people who bought the place probably see the future therefore they'll pay ridiculous prices NOW... Hahaha... :D CDL already sold nearly half the number of units so they probably are about to break even already. They can slowly sell the remaining units over the next 4 years during the construction process and can now afford to raise the psf even further coz they don't need the cash to complete this project already. Unless they need the cash for other projects. Kovan Residence still not fully sold and developers not urgent to sell and also not bringing down the psf. Look who's laughing NOW...
Talking about the LRT frequency, my experience and relatives experience definitely different. Anyway, do note that the East Loop frequency is actually more than the West Loop. Next question will be why? Technical limitation? SBS Transit actually able to add one more train to East Loop. Then why not for the West Loop now? The reason is obvious....now and at present...SBS transit may have the stupid argument that it does not warrant the increased frequency. This brings us to ysyap points in the 2nd paragraph....a clearly very well articulated viewpoint and thoughts on the perceived ridiculous pricing and why CDL still able to sell units.
Next, some smart Alecs begin talking about Bishan 8. 3 points to made.
(i) Just FYI, there are a number of families earning at least $160K-$190K annual income living in Seng Kang, Punggol and Hougang who owned HDBs which have appreciated. Repaying an $800K loan will take such group only 10-15 years. The price here is 920psf on average. Assuming market correction, of course the weak players get flushed out.
(ii)Another point to note, for many units...the one bedder to the 2+1 study and even compact 3 bedders, the size are tiny (livable or not is another issue)...the quantum are small and actually affordable.
(iii) Only fools sink all their money into property and if comes market turmoil, unable to benefit from the firesales of assets. Greater fools are those who act smart and kept thinking prices will always go down. Have seen such people, talk very loud during the recent global financial crisis and then miss the boat...to such group, probably the price of private property of 1000sqft above should be below $500K...the time where their parents and grandparents bought HDB flats.
It's a signs of thick profit margins. Huntum $$$ to make sure whole singapore know.
Yaya show hand huh.... tsk tsk
Was reading the thread and found alot of ppl shooting H2O down, did u guys actually go down to have a look? Sengkang West has very fresh air especially after a rain. The view is impressive too.
I didn't think much about H2O until my parents wanted to get a retirement home there. The feel is good. Kites soaring, people running along the PCN just across the river.
920psf expensive? This project is the first private project to integrate with the river that is awarded clean waters by PUB or NEA.
The landscaping with nature is impressive if u go onsite and look at the plans.
Plus it's quite near to Seletar Aerospace hub.
My gf/wife to be, a champion for yishun, softened and was wondering why we didn't get a place like H2O. I had to remind her that she wanted and insisted to stay near her parents in Yishun all the while.
There is another plot beside H2O and I think that piece will drive H2O price up eventually.
If u guys are saying only river view units are worth it, thats because you haven't seen how near the river is to the condo. It's so near because it's integrated seamlessly, this is unlike condos that you will need to cross some road to reach your reservoir or park.
The integration with nature, river theme is worth the price tag. Alot of people are saying FH better than LH but if you notice these days the condo theme is very impt.
It's no longer good enough to have a pool, tennis court, gym to attract buyers.
People are buying and paying for the identity of a community that they are residing in.
devilplate
14-05-11, 01:07
For self stay, like it ok liao....most of us offering our opinions from investment point of view
kingkong1984
14-05-11, 06:12
Yah loh...not forgetting they have paid 14 years worth of interests to the bank so far....how to break even when bishan 8 was launched around 1100psf 14 years ago? :scared-1:
For rescue same same plus no MRT and with LRT only...
Repeat after me..
For retards.
For regrets.
For rescue
For rejects
For returns
For rebirth
For reecce
For refund
For rehouse
For reprice
For rethink
For reuse
For rezone
For rest que.
Talking about the LRT frequency, my experience and relatives experience definitely different. Anyway, do note that the East Loop frequency is actually more than the West Loop. Next question will be why? Technical limitation? SBS Transit actually able to add one more train to East Loop. Then why not for the West Loop now? The reason is obvious....now and at present...SBS transit may have the stupid argument that it does not warrant the increased frequency. This brings us to ysyap points in the 2nd paragraph....a clearly very well articulated viewpoint and thoughts on the perceived ridiculous pricing and why CDL still able to sell units.
The LRT frequency will only increase in the west loop for two simple reasons. 1. Dr Lam PM promised he'll fight for the increased in freqeuncy for LRT in SK west. 2. When all the HDB at Fernvale TOP, it is at least 3000 more residents so frequency definitely must increased as promised by SMRT who said frequency is based on the number of commuters. :D
The main minus points about this devt are:
1. Small size of the units (note that the showflat is deceiving)
2. LRT frequency a question mark. What happens if the increase in ridership comes before the increased frequency of the LRT?
3. For families, there aren't brand-name primary sch within 1 km.
For own stay if you can get a water-facing unit, it would be nice and also if your family is small. For investment, there will be competition from other mass-market condos that are more centrally located within Singapore.
I agree the ambience of Sengkang is currently nice. But note that the space being used for flying kites etc will eventually be reduced as the Govt are launching plots of land in that area for GLS.
To get into town, the CTE jam in the morning is :simmering: And the ERP charges are also :simmering: (2 gantries into town if you don't make it on time).
devilplate
14-05-11, 09:07
There is an austville n another new kid next door...these 2ECs will affect the demand for this project anot? Moreover, there is another 2 exisiting ec there....so total 4....Tat side got nice punggol park view as well n nearer to kpe...dun forget esparina ec in a much better location.....
If you notice the current ECs launched are like the older batch
of private condos, where distinct theme is lacking.
There are reasons why ECs aren't flying off shelves as fast as private new launches.
Assuming I am a potential EC buyer, I am tied to regulations and expose to private bank loan risks. I will rather go for private condo as my asset is more liquid in case trouble comes.
I don't think ECs will come into competition, as they won't come into resale market until at least Year 2018-2020, I.e after 5 yr minimum occupation.
Having said that, future government measures on income ceiling and wages will play some role in affecting this demand supply.
Question: are u happy with a roof over your head these days or are u happier with something more fanciful?
There is an austville n another new kid next door...these 2ECs will affect the demand for this project anot? Moreover, there is another 2 exisiting ec there....so total 4....Tat side got nice punggol park view as well n nearer to kpe...dun forget esparina ec in a much better location.....
Punggol Park has a big drain infront of Rivervale and Park Green condo ( next to Austville and new EC plot, I heard during dry seasons, you can smell something. Not too sure about now though.
I used to stay in Sengkang and punggol park view cannot compare to the river at H2O. Having said that, just gotta see for our own eyes.
KPE is good, very fast but ERP gantries are plentiful there.
I guess really depends on buyer's investment / own stay horizon
devilplate
14-05-11, 11:20
If you notice the current ECs launched are like the older batch
of private condos, where distinct theme is lacking.
There are reasons why ECs aren't flying off shelves as fast as private new launches.
Assuming I am a potential EC buyer, I am tied to regulations and expose to private bank loan risks. I will rather go for private condo as my asset is more liquid in case trouble comes.
I don't think ECs will come into competition, as they won't come into resale market until at least Year 2018-2020, I.e after 5 yr minimum occupation.
Having said that, future government measures on income ceiling and wages will play some role in affecting this demand supply.
Question: are u happy with a roof over your head these days or are u happier with something more fanciful?
I tink h20 buyers better let go before those ec turn 5yo:2cents: :scared-5:
Duno hw much upside is there? 1100psf possible?:beats-me-man:
kingkong1984
14-05-11, 11:30
Theme useless lah. Novelty factor only.
Savannah Condo park ? Sells well? Price well right after TOP?
Question: are u happy with a roof over your head these days or are u happier with something more fanciful?
I want roof over my head, fanciful condos and able to earn big big $$$ when I sell.
kingkong1984
14-05-11, 11:47
I want roof over my head, fanciful condos and able to earn big big $$$ when I sell.
I want big big $ $ only.
I tink h20 buyers better let go before those ec turn 5yo:2cents: :scared-5:
Duno hw much upside is there? 1100psf possible?:beats-me-man:Both appeals to different target group. For those who prefer convenience, they'll choose ECs like Esparina. For those who enjoy slow pace and away from the hussle and bussle of life will choose H2O. Whether for investment or own stay, both have varied appeals. Anyway, depending on how successful the Active Beautiful Clean Water initiative by PUB, the price of H2O can potentially reach 1100 psf indeed.
EC can only be sold like a private condo after 10 years so EC only pose limited threat yet to H2O. :o Well H2O is good for retirement though...
linchong84
15-05-11, 09:32
Both appeals to different target group. For those who prefer convenience, they'll choose ECs like Esparina. For those who enjoy slow pace and away from the hussle and bussle of life will choose H2O. Whether for investment or own stay, both have varied appeals. Anyway, depending on how successful the Active Beautiful Clean Water initiative by PUB, the price of H2O can potentially reach 1100 psf indeed.
EC can only be sold like a private condo after 10 years so EC only pose limited threat yet to H2O. :o Well H2O is good for retirement though...
You been to the showflat before? Don't be deceived by the current condition of that area cos a lot of things are going to be built there together with H2O.. H2O will be surrounded by a school (better pray it's not a noisy pri sch), BTOs, DBSS and LRT track.. Only 2 4-bedder stacks face the longkang.. CDL is good one, bid 360psf, sell 900-1kpsf.. Of course it might still appreciate overtime, but others have more potential and room for appreciation.. Anyway sengkang this kind of place majority are singaporean buyers one.. So EC definitely pose a big threat once they finish their 5 year MOP..
Dark Knight
15-05-11, 09:32
Both appeals to different target group. For those who prefer convenience, they'll choose ECs like Esparina. For those who enjoy slow pace and away from the hussle and bussle of life will choose H2O. Whether for investment or own stay, both have varied appeals. Anyway, depending on how successful the Active Beautiful Clean Water initiative by PUB, the price of H2O can potentially reach 1100 psf indeed.
EC can only be sold like a private condo after 10 years so EC only pose limited threat yet to H2O. :o Well H2O is good for retirement though...
Good point. Excellent!
For those who do not like the pricing and location, don't buy loh.
linchong84
15-05-11, 10:01
Many people want the sengkang LRT west loop to go 2 directions. Of course eventually it will be, but only when there is enough population to justify. So, HDB went on mass launching of public housing there. I think there is a fernvale garden BTO that is being launched together with H2O, it is direct west to H2O. A DBSS direct south of H2O also tendered and should be launched within next 6 mths. Now HDB plan to launch another BTO near H2O in june. And the school north of H2O can be built very fast one, if it's a primary school then hoseh liao, even noiser than planes.. So end of the day, people might have got their wish of having a 2-way LRT, but they exchange it with the main reason why they had bought in the first place - quiet, serenity, peace.. All disappear after the dbss, btos, school come in..
The sengkang ECs that were launched - Esparina and Austville. Esparina need not say further, it's beside MRT station so bao jiak already. Austville's selling point is also environment, ie punggol park, sungei pinang which will be rebuilt according to hdb's remaking hougang plans.. There is also a sungei serangoon that is already under construction to build into a park.. And austville's left and right side are both condos, and near lrt too.. So is the threat strong after 5 years? u judge..
MBT also went on fierce tendering of condo sites in sengkang. 2 condos were tendered near sengkang mrt, 1 condo tendered beside austville. And buangkok mrt area still very empty, sure a lot of tendering one.. These got threats or not? u decide..
Think again, think harder..
Many people want the sengkang LRT west loop to go 2 directions. Of course eventually it will be, but only when there is enough population to justify. So, HDB went on mass launching of public housing there. I think there is a fernvale garden BTO that is being launched together with H2O, it is direct west to H2O. A DBSS direct south of H2O also tendered and should be launched within next 6 mths. Now HDB plan to launch another BTO near H2O in june. And the school north of H2O can be built very fast one, if it's a primary school then hoseh liao, even noiser than planes.. So end of the day, people might have got their wish of having a 2-way LRT, but they exchange it with the main reason why they had bought in the first place - quiet, serenity, peace.. All disappear after the dbss, btos, school come in..
The sengkang ECs that were launched - Esparina and Austville. Esparina need not say further, it's beside MRT station so bao jiak already. Austville's selling point is also environment, ie punggol park, sungei pinang which will be rebuilt according to hdb's remaking hougang plans.. There is also a sungei serangoon that is already under construction to build into a park.. And austville's left and right side are both condos, and near lrt too.. So is the threat strong after 5 years? u judge..
MBT also went on fierce tendering of condo sites in sengkang. 2 condos were tendered near sengkang mrt, 1 condo tendered beside austville. And buangkok mrt area still very empty, sure a lot of tendering one.. These got threats or not? u decide..
Think again, think harder..So long as your unit not facing primary school but facing long kang is better. Anything else is not very favorable lor... Hmmm... but in any case, private condo will still be more jiak than EC.. foreigners not eligible... :D
linchong84
15-05-11, 15:40
But only 2 stacks face longkang and both are 4 bedders.. And the agent say 1k+ psf.. Sengkang non-mrt location, surrounded by HDB and schools at this price, dun need to find further.. This will be the only one.. End of 5 years esparina people take profit sell at 20% profit also cheaper than h2o launch price.. Tough tio liao.. But well, if intend to live there, not for investment, who cares.. But should have been cheaper lah..
kingkong1984
15-05-11, 16:03
After buying this, instead of a good meal everyday, u have to drink more h2o. At least developer giving u big hints.
The worst threat is new nearby plots with same attributes at land cost of 250 Psf and selling price of 750 Psf. That will screw indeed.
These nearby projects will take signal from H2O to see if it makes sense to launch now or to wait further... So far the respond from H2O look relatively decent! My guess is it will be a sell out project before TOP. It depends on the next piece of updates released by PUB on the ABC water. Buyers usually need some push factors from the media...:D
It seems that the ABC project helps to boost a lot of the new developments along the canal. of the developments
These nearby projects will take signal from H2O to see if it makes sense to launch now or to wait further... So far the respond from H2O look relatively decent! My guess is it will be a sell out project before TOP. It depends on the next piece of updates released by PUB on the ABC water. Buyers usually need some push factors from the media...:D
Dark Knight
15-05-11, 22:07
But only 2 stacks face longkang and both are 4 bedders.. And the agent say 1k+ psf.. Sengkang non-mrt location, surrounded by HDB and schools at this price, dun need to find further.. This will be the only one.. End of 5 years esparina people take profit sell at 20% profit also cheaper than h2o launch price.. Tough tio liao.. But well, if intend to live there, not for investment, who cares.. But should have been cheaper lah..
Now, EC is public housing. 5 years later still public housing. Only from 10th year onwards then consider as private.....again these are basic knowledge. Not against public housing but it does come with many restrictions. Not even on an apple to apple comparison. End of the 5 years maybe just start of the Great Depression...so how to sell? Whereas Private property owners have the freedom to sell anytime and at any point in time.
If you want to compare, then probably should be talking about Compass Height or The Quartz against H2O Residences. Don't confuse readers with the flawed analysis. Might as well talk about the new HDB besides Buangkok MRT and then compare against private property....definitely more bang for bucks :p
Yes.... Agreed!!!
For Compass Ht and Quartz, both are calling $800+ to $900+ psf and both a just beside MRT, at $920 psf for H2O, the price might be that little bit too expensive. Anyway, all new developments are generally priced slightly above resale condos anyway.
linchong84
15-05-11, 23:19
Haha.. Dark knight, u bought h2o liao isit? I merely trying to support devilplate's comment that h2o should sell before ec turn 5 years.. If the ECs are situated in prime or even city fringe, then I will agree 10 years later then it will bear fruit.. For sengkang EC, 5 year mop as good as done deal, best time to sell liao..
A lot of us here are merely providing their personal objective views on this project.. Just like couple of mths ago when someone said something wrong abt the lrt freq, etc, I also objectively pointed out that the lrt is actually not bad, so ie speaking good pt of h2o.. It's all abt objective comments from investment pt of views.. Dun becos u buy liao then can't accept criticism of the project, be more open ma.. Anyway I also said if buy to stay, need not worry too much abt price, as long as u like can liao.. Dun get too defensive lah.. Good luck all the best..
linchong84
15-05-11, 23:35
Actually I dunno u buy it for self stay or investment.. If self stay, ignore our comments and just happily stay there enjoy the scenery (assume u r the 4 bedder).. If invest, like what devilplate say, better to sell it before the ec reach 5 years.. It's really a very good advice from him, no joke.. Be it esparina, austville or h2o they are all condos, just that the ECs come with mop..But after the 5 year ends, they are really on par liao, believe it or not up to u..
Location wise, esparina beats h2o super clear cut due to mrt.. Austville also beat h2o in my opinion, but that's subjective.. Furnishing wise, austville also beats h2o cos it has marble living room.. Wish u make good money :)
kingkong1984
15-05-11, 23:40
It's ok, the non believers will pay their price.
What,s so great about abc project. Bishan area has it, kallang river has it, geylang river has it, lakeside longkang has it, just about any water way in Singapore will have it right?
Dun forget these are e same developer who bided for bishan plot at record prices. What for right? See with your heart and not be blinded.
Dark Knight
16-05-11, 01:07
Haha.. Dark knight, u bought h2o liao isit? I merely trying to support devilplate's comment that h2o should sell before ec turn 5 years.. If the ECs are situated in prime or even city fringe, then I will agree 10 years later then it will bear fruit.. For sengkang EC, 5 year mop as good as done deal, best time to sell liao..
A lot of us here are merely providing their personal objective views on this project.. Just like couple of mths ago when someone said something wrong abt the lrt freq, etc, I also objectively pointed out that the lrt is actually not bad, so ie speaking good pt of h2o.. It's all abt objective comments from investment pt of views.. Dun becos u buy liao then can't accept criticism of the project, be more open ma.. Anyway I also said if buy to stay, need not worry too much abt price, as long as u like can liao.. Dun get too defensive lah.. Good luck all the best..
Nope....but vested in North East property. Look at my posting history and you will know. Anyway, not defensive, just that feel strongly the comparison against EC is ridiculous and that you won't admit posting such silly arguments.
Over past 2-3 years, have saw lots of such smart alecs remarks and of course all these people believe they are objective and the "expert" in property. Please go read up properly why after 5 years EC is not deemed privatised. Not means not....and not sure why I see even sillier remarks like if ECs in Prime District or City Fringe.....
Last but not least, as per a lot of self professed experts on this forum, timing is very important. This means not just when to buy but also when to exit. The freedom to sell anytime is only available in private property and not EC.
Actually both arguments have their points. As mentioned, it is so so subjected. What is precious to one may just be nothing more than a rag to another. But thank you! Personally, won't buy H2O coz its that little bit overpriced. Btw, Dark Knight, I made a deposit for Florentiine some 2 years plus back but offer rejected... :p
linchong84
16-05-11, 08:29
Nobody claimed to be an expert, certainly not me, did I ever mention anywhere I am one? I merely state my opinion but it seems like whoever that states an opinion that differ from u are deemed as 'self-professed guru', 'self-professed expert' and whatever name u came out with.. Get a life lah, this world got so many people, sure got some who think differently from u right.. How can u be a hitler and try to kill or silence all? Haha..
If EC are not a competition, then park green wun have launch at 400+psf 6 years ago yet selling above 700psf now.. Maybe it should still sell at 500psf since it is not privatised ma.. All those buyers must have been stupid and maybe 'self professed experts' too..be more open minded in life, even if differ from urs, then so be it.. Some people here offer some advice, if u dun agree just reply 'thanks for the opinion bro, but I dun agree, then blah blah.. Y must start calling people names? Friendly a bit lah.. U keep on call ppl 'self-professed guru', people could also have called u 'self-denial kuku', but did they do that?
devilplate
16-05-11, 08:37
Ec in suburbs definitely affect demand when they hit 5yo....this is the kind of plc whrby majority local buyers. However, h20 still got roughly 4yrs window period to sell b4 those ec turn 5yrs.
Now pte ppty got 4yrs ssd liao....cannot sell anytime
kingkong1984
16-05-11, 08:37
We all say our piece. We must respect other people's diverse views too.
H20 so far from town and face a small longkang. LRT really good? Then why not make whole Singapore LRT'linked. Selling at those prices? The HDB opposite can beat it anytime. That's all.
Ec in suburbs definitely affect demand when they hit 5yo....this is the kind of plc whrby majority local buyers. However, h20 still got roughly 4yrs window period to sell b4 those ec turn 5yrs.
Now pte ppty got 4yrs ssd liao....cannot sell anytimeCan sell lah... at a loss lor!!! :D
We all say our piece. We must respect other people's diverse views too.
H20 so far from town and face a small longkang. LRT really good? Then why not make whole Singapore LRT'linked. Selling at those prices? The HDB opposite can beat it anytime. That's all.In terms of price, of course HDB is unmatched lah... but in terms of instant resale potential (can sell to any tom dick harry) and in-house facilities plus 24-7 security, HDB lose big time lah... Anyway, cannot compare orange with apples lah... But I still maintain that H2O is that little bit overpriced... :spliff:
kingkong1984
16-05-11, 08:49
Yeah lah. I just anyhow shoot or else I kanna label as 'self professed guru'.
Like this, might as well go for Estuary or the Bedok Reserviour Series.
;)
devilplate
16-05-11, 08:54
Yeah lah. I just anyhow shoot or else I kanna label as 'self professed guru'.
Like this, might as well go for Estuary or the Bedok Reserviour Series.
;)
Haha
Nvm la....tat forestkill more cui den h20
Battle of the ugly:D
Those eligible for ec can seriously consider belysa....the px will b well supported by cdl:D
linchong84
16-05-11, 09:26
Haha
Nvm la....tat forestkill more cui den h20
Battle of the ugly:D
Those eligible for ec can seriously consider belysa....the px will b well supported by cdl:D
All the ECs prices are quite well supported.. The punggol ec will be supported by the punggol mrt condo.. Esparina also supported by quartz.. Austville maybe supported by h2o since they sell identical concepts (environment, lrt), if not will be supported by the pte condo tendered next to it (bidding in progress though).. I think generally as long as near to it lies a pte condo with a price tag 100-150psf higher, it should make good money once 5 year mop finish.. But sad thing is whoever that bought ec cannot be too rich and can't buy any other properties for the next 8 years, which is quite jialat.. But once 5 year mop finish, can happily collect profit liao.. But pte condos which are situated near ec will jialat jialat cos the ec too cheap.. Somemore most of those buyers got 30k grant, so they sell cheap cheap also easily will earn.. Very hard to compete against them..
devilplate
16-05-11, 09:32
All the ECs prices are quite well supported.. The punggol ec will be supported by the punggol mrt condo.. Esparina also supported by quartz.. Austville maybe supported by h2o since they sell identical concepts (environment, lrt), if not will be supported by the pte condo tendered next to it (bidding in progress though).. I think generally as long as near to it lies a pte condo with a price tag 100-150psf higher, it should make good money once 5 year mop finish.. But sad thing is whoever that bought ec cannot be too rich and can't buy any other properties for the next 8 years, which is quite jialat.. But once 5 year mop finish, can happily collect profit liao.. But pte condos which are situated near ec will jialat jialat cos the ec too cheap.. Somemore most of those buyers got 30k grant, so they sell cheap cheap also easily will earn.. Very hard to compete against them..
Beylsa not only lower psf but aso much lower quantum....i compare 9xxsqft 3bedder at beylsa with 1100sqft nv residence....beylsa got better layout even though smaller...:D
Gd thing nv nearer to mrt
Last time i say esparina gd buy for ec....now this beylsa aso gd buy if priced ard 750psf....:D
All the ECs prices are quite well supported.. The punggol ec will be supported by the punggol mrt condo.. Esparina also supported by quartz.. Austville maybe supported by h2o since they sell identical concepts (environment, lrt), if not will be supported by the pte condo tendered next to it (bidding in progress though).. I think generally as long as near to it lies a pte condo with a price tag 100-150psf higher, it should make good money once 5 year mop finish.. But sad thing is whoever that bought ec cannot be too rich and can't buy any other properties for the next 8 years, which is quite jialat.. But once 5 year mop finish, can happily collect profit liao.. But pte condos which are situated near ec will jialat jialat cos the ec too cheap.. Somemore most of those buyers got 30k grant, so they sell cheap cheap also easily will earn.. Very hard to compete against them..Unless your EC is nuovo... :D
Looked at Nuovo last year. Lucky the wife thought the unit/development was not up to her standard...Bishan Loft is a star though...
Unless your EC is nuovo... :D
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