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View Full Version : Alexis psf signals a bubble in MM


phantom_opera
06-09-13, 21:56
$2,084 PSF IN AUG 2013 FOR A 398-SQFT UNIT

my target of 1,800psf in OCR ...very close liao;)
august
06-09-13, 23:25
paying a premium for freehold.
kane
06-09-13, 23:46
these resale buyers are either foolhardy or have deep pockets.
newbie11
06-09-13, 23:56
Can almost buy buc at Devonshire. 1m
puffer_fish
07-09-13, 10:28
Allow me to share my experience, an acquaintance of mine bought ocr for the simple fact that it closer to his family and bent on brand new property thus paid a premium pricing for his new nest:)

no right or wrong, since its his monies:D
smartboy2
07-09-13, 11:22
those owners have either too deep pockets or are too emotional =)

paying so high for the PSF for a MM unit is HIGH RISK.
Buffo
07-09-13, 12:05
The buyer would have calculated the risk and to his view, the unit worthy of the price. Bubble or not, we will know a few yrs down the road.
icer_sun
07-09-13, 12:32
The price makes sense to me based on the fact of high rental yield and low maintenance fees. At least it looks more attractive to me more than lots of ccr properties.
fiat500
07-09-13, 13:22
those owners have either too deep pockets or are too emotional =)

paying so high for the PSF for a MM unit is HIGH RISK.

If not, what can u buy with 800k+ for fh around that area? :cheers1:
Allthepies
07-09-13, 13:53
Even yishun going to be 1600psf, so this should be a steal. ... ha ha ha
fiat500
07-09-13, 16:04
Mentioned in today's ST that MM units are gaining popularity for the rental.market..
Who are the 1s having the last laugh?
lajia
08-09-13, 12:13
This s pure non sense...in my opinion.


$2,084 PSF IN AUG 2013 FOR A 398-SQFT UNIT

my target of 1,800psf in OCR ...very close liao;)
latour
08-09-13, 22:45
$2,084 PSF IN AUG 2013 FOR A 398-SQFT UNIT

my target of 1,800psf in OCR ...very close liao;)

Indeed, Yishun is going to be $1600 psf, many are waiting in the OCR for $1800psf, and that seems to come soon, fingers-cross :cheers1: