Taking the mickey out of home buyers

[mr funny]

http://www.straitstimes.com/Invest/Story/STIStory_560407.html

Aug 1, 2010

Taking the mickey out of home buyers

Prices of small projects and tiny apartments unlikely to hold up well, say experts

By Joyce Teo, Property Correspondent


Property prices may be strong and on the uptrend.

But not all private homes will appreciate equally in value or be able to maintain their value in bad times.

For example, small projects and tiny 'mickey mouse' units of less than 500 sq ft may be the first to be hit should the market suffer a reversal, experts said.

A lot of risk also hinges on entry price levels, which can be high in boom times, they added.

A property expert, who declined to be named, said smallish developments - some having just 15 to 30 units - have limited appeal.

'These developments do not have full facilities and the road outside is usually very narrow,' he said.

'In the Telok Kurau area, you can sell a unit in a small development for maybe $900 per sq ft (psf) if you are lucky. But nearby, big condominiums such as One Amber or The Seaview can go for $1,200 psf.'

The lorongs in Telok Kurau are often narrow two-lane roads, whereas One Amber and The Seaview are on main traffic ways.

Investors should also do their homework before rushing to invest in 'mickey mouse' apartments of less than 500 sq ft.

These apartments, sometimes called 'bikini units', can work out well if they are located in the city or near an MRT station as single expatriates may be drawn to them, the expert said.

'It becomes a question mark when people start building them in the suburban areas,' he said. 'If investors want to sell or rent them out, there may be some resistance.'

Mr Colin Tan, research and consultancy director of Chesterton Suntec International, said the small apartments are like penny stocks. They have much speculative potential but have little worth otherwise, he said.

Ms Tay Huey Ying, director of research and advisory at Colliers International, said that generally, properties that have comprehensive recreational facilities and sufficient green areas will fare better in terms of rentals and values than apartments that do not.

Investors should also be wary of ageing 99-year leasehold developments, said the expert.

The price gap between a freehold and a leasehold property - which can be marginal in boom times - may widen as the leasehold property ages and its lease shortens.

Ms Tay said it all depends on what investors are looking for.

If they are looking for pure rental income, they can go for 99-year leasehold properties as these can generate more attractive yields than freehold properties, she said.

A freehold property may generate a rental yield of 3 per cent to 3.5 per cent while a leasehold property may offer a slightly higher yield of 4 per cent to 5 per cent.

But if they are looking for capital appreciation, ageing leasehold properties of 40 years and above may see weaker price appreciation compared with their freehold counterparts.

A second expert, who also declined to be named, said: 'There is the danger of facing limited capital appreciation or even losses if you chase new leasehold projects at sky-high prices.'

These high-risk investments are 99-year leasehold projects priced above $1,000 psf, he said.

'In five years' time, you may not be hit if the market is good. But in 20 years' time, the risks rise as the lease would have run down and the condo design will likely become outdated.'

Property experts also point to walk-up apartments, and cluster homes with basements located in flood-prone areas, as potential high-risk investments.

'The design of a walk-up is quite outdated. Many people, especially families with elderly members, do not want to climb three or four flights of stairs to their apartments. But investors buy these for their collective sale potential,' said one.

'Lower-priced properties - but not necessarily cheap properties - in red-light districts or in very inaccessible places' are also high-risk investments, said Mr Tan.

'Don't buy something just because it is cheap or cheaper. Get your priorities right. Buy for the right reasons,' he advised.

[email protected]

[Regulators]

i think joyce must be hidden somewhere in this forum. these issues have been debated in the Estuary thread.

[proud owner]

i think joyce must be hidden somewhere in this forum. these issues have been debated in the Estuary thread.


not that i disagree with the report ...

some parts do make alot of sense ...


what i cannot tahan is .. why those experts so scared ?

why all chose not to be named ?

[Regulators]

i agree with a lot of what is being said in this article. I am just waiting to see how MM units in prime districts like Espada and Illuminaire will do when they TOP. I fully agree that MM units in suburban areas make little sense for rental yield when renting a 3 bedder already cost little.



not that i disagree with the report ...

some parts do make alot of sense ...


what i cannot tahan is .. why those experts so scared ?

why all chose not to be named ?

[devilplate]

i agree with a lot of what is being said in this article. I am just waiting to see how MM units in prime districts like Espada and Illuminaire will do when they TOP. I fully agree that MM units in suburban areas make little sense for rental yield when renting a 3 bedder already cost little.

illuminaire not so bad rite...1bedder ard 450sqft...launch price quite low as well...ard 1700psf

but espada abit too MM...lol:D

[jlrx]

These people have no idea that Mickeymousation has arrived.

Houses can only get smaller and smaller, not bigger and bigger.

History is scattered with the bones of those who fight against the inevitable.

http://www.markdroberts.com/images/mickey-mouse-head-2.jpg

[Regulators]

so in time to come, owning a big condo becomes a rare commodity with the scene flooded with mm units. A number of 1700sf Greenlodge condo units are going for 1.3mil and just opposite is Terrene selling a 900sf at 1.2mil, what an irony. If anyone has the brains, they should know which has more investment potential. Mickey mice happens to be those who like all things new, but the smart will go for all things big and rare. Enuf education in this forum, but you are right, the fight against all the mickey mice out there is futile


These people have no idea that Mickeymousation has arrived.

Houses can only get smaller and smaller, not bigger and bigger.

History is scattered with the bones of those who fight against the inevitable.

http://www.markdroberts.com/images/mickey-mouse-head-2.jpg

[devilplate]

so in time to come, owning a big condo becomes a rare commodity with the scene flooded with mm units. A number of 1700sf Greenlodge condo units are going for 1.3mil and just opposite is Terrene selling a 900sf at 1.2mil, what an irony. If anyone has the brains, they should know which has more investment potential. Mickey mice happens to be those who like all things new, but the smart will go for all things big and rare. Enuf education in this forum, but you are right, the fight against all the mickey mice out there is futile

bopian la...i myself also prefer new new...new stuff...registered for new iph4 oredi!:cheers1:

i went to scout condos ard hillview...in the end, i will only pay for new new hillvista if i really want to invest in tat area:o

[Regulators]

nothing against new projects, just hate the huge planters, bay windows and aircon ledges and pes areas...


bopian la...i myself also prefer new new...new stuff...registered for new iph4 oredi!:cheers1:

i went to scout condos ard hillview...in the end, i will only pay for new new hillvista if i really want to invest in tat area:o

[devilplate]

nothing against new projects, just hate the huge planters, bay windows and aircon ledges and pes areas...

actually i hate planter boxes the most! PES area...depend whether u nid/use them anot...some ppl prefer ground flr with big big PES.

apart from pricing, FEO projects usually got min wastage...mostly no planter boxes, smaller width baywindow and smaller aircon ledge:D

i am quite a fan of FEO actually...haha:ashamed1:

hate those developers tat does trick/cheat include big big planter box.,....big big aircon ledge just to make their psf looks lower...GIMMICK

i rmb visiting a clustered housing showflat...psf looks very low 4xxpsf at tat time...BUT, they actually include inaccessible roof top area into strata space! ultimate cheat!...i ask the agt how come only this project include...he say u goto maintain ur own roof top....so goto include into the total flr area:scared-1:

[Lord Anus]

i think joyce must be hidden somewhere in this forum. these issues have been debated in the Estuary thread.

many journalists go into forums to dig for subject matter and opinions. i suspect many of them are already here. previously there were a few suspected jounos posting and asking provocative questions on the expat forum about several issues, lo & behold, couple of weeks later, same topics were written up in the ST. such is the standard of journalism in SG.

[proud owner]

actually i hate planter boxes the most! PES area...depend whether u nid/use them anot...some ppl prefer ground flr with big big PES.

apart from pricing, FEO projects usually got min wastage...mostly no planter boxes, smaller width baywindow and smaller aircon ledge:D

i am quite a fan of FEO actually...haha:ashamed1:

hate those developers tat does trick/cheat include big big planter box.,....big big aircon ledge just to make their psf looks lower...GIMMICK

i rmb visiting a clustered housing showflat...psf looks very low 4xxpsf at tat time...BUT, they actually include inaccessible roof top area into strata space! ultimate cheat!...i ask the agt how come only this project include...he say u goto maintain ur own roof top....so goto include into the total flr area:scared-1:

if i am not wrong .. in HK..common lift lobby is included ..
so if u purchase a unit say 500 sqft .. easily 50-100 is outside the main door ..

[devilplate]

if i am not wrong .. in HK..common lift lobby is included ..
so if u purchase a unit say 500 sqft .. easily 50-100 is outside the main door ..

reminds me of a question i always not sure of:

is the lift area included in the strata space for those units with pte lift? or depends on project?

some agt say yes...some say no...:confused:

[teddybear]

Rent 3 Bedders then can still rent out room by room and partition living & dinning into 4 rooms lagi better in the surburb (since no strict enforcement expected)?


i agree with a lot of what is being said in this article. I am just waiting to see how MM units in prime districts like Espada and Illuminaire will do when they TOP. I fully agree that MM units in suburban areas make little sense for rental yield when renting a 3 bedder already cost little.

[teddybear]

What are the reasons? Care to share share? (your views may become the topic for next news article!) :cheers1:


bopian la...i myself also prefer new new...new stuff...registered for new iph4 oredi!:cheers1:

i went to scout condos ard hillview...in the end, i will only pay for new new hillvista if i really want to invest in tat area:o

[teddybear]

For units with private lift lobby, the lift lobby area belongs to that unit even though that area is outside your main door (yes, easily another 60-100 sqft gone!).
For units with common lift lobby, lift lobby area is not included in the sqft of the unit. That explains why units with common lift lobby have much larger usable area than those with private lift lobby!


if i am not wrong .. in HK..common lift lobby is included ..
so if u purchase a unit say 500 sqft .. easily 50-100 is outside the main door ..

[chanys]

But Green Lodge is very old already, at 26 yrs old. Btw, I saw on PropertyGruru that there's no transactions for Green Lodge from Aug-07 till mid-09 .. is this really the case? I wonder why. All owners waiting for en-bloc so none selling?
Anyway, the attempted en-bloc, even at the requested $135 million, works out to be less than $700psf.... saw two most recent transactions at > $700psf; why were those two buyers thinking??


so in time to come, owning a big condo becomes a rare commodity with the scene flooded with mm units. A number of 1700sf Greenlodge condo units are going for 1.3mil and just opposite is Terrene selling a 900sf at 1.2mil, what an irony.

[bargain hunter]

pte lift lobby area is always included and the shaft where the lift is is obviously not. :)


reminds me of a question i always not sure of:

is the lift area included in the strata space for those units with pte lift? or depends on project?

some agt say yes...some say no...:confused:

[bargain hunter]

not that i disagree with the report ...

some parts do make alot of sense ...


what i cannot tahan is .. why those experts so scared ?

why all chose not to be named ?

becoz these experts and their companies still want to sell the MM/undesirable units and ANY other project and do not want to jepardise their chances.

[Laguna]

if i am not wrong .. in HK..common lift lobby is included ..
so if u purchase a unit say 500 sqft .. easily 50-100 is outside the main door ..

yes, in HK, this is known as efficiency index. It is running at about 70%-80%, in other words, if u buy a unit of 1000 sq ft, the usable area is only 800sq ft.

In HK, >1000 sq ft is called luxury apartment.

[devilplate]

pte lift lobby area is always included and the shaft where the lift is is obviously not. :)

i am refering to the lift shaft....some agts told me included!:confused:

[bargain hunter]

i also heard before, but does not seem logical to me. and that is quite a lot of sq ft. i always brush it off as the agent not knowing what he/she is talking about. :D


i am refering to the lift shaft....some agts told me included!:confused:

[devilplate]

i also heard before, but does not seem logical to me. and that is quite a lot of sq ft. i always brush it off as the agent not knowing what he/she is talking about. :D

dunwan to name the project....but the developer's ppl told me included....very reluctantly though...

mabe they can choose to include or not?

[bargain hunter]

wah so con job ah? reluctantly tell somemore. becoz if 2 bedder still included then faint liao lor. big proportion of the unit liao leh.


dunwan to name the project....but the developer's ppl told me included....very reluctantly though...

mabe they can choose to include or not?

[devilplate]

wah so con job ah? reluctantly tell somemore. becoz if 2 bedder still included then faint liao lor. big proportion of the unit liao leh.

i tink around 50-100sqft rite...not too big

better siam pte lift...unless buying big prime condo:D

[bargain hunter]

yeah but not liveable area mah. and if the unit is already less than 1000sq ft, its quite significant isn't it?



i tink around 50-100sqft rite...not too big

[devilplate]

yeah but not liveable area mah. and if the unit is already less than 1000sq ft, its quite significant isn't it?

it is those layout tat once open the lift...reaches ur unit....no pte lift lobby area types

[Wild Falcon]

Agree! It is amusing so many of these experts don't dare to own up. I guess what they say many not sit well with some developers who are their biggest clients. After all, imagine a "Huttons" expert speak up against the bikini units in Telok Kurau. He can be sure that The Fragrance group and roxy group will never engage them to sell their bikini homes in D15.

In short, if they say anything against the bikini units and 99LH homes, it is a career terminating move. That's why most reports are the "huat huat huat" type, esp high-end huat type. Conflicts of interest is very prevalent in this industry.


not that i disagree with the report ...

some parts do make alot of sense ...


what i cannot tahan is .. why those experts so scared ?

why all chose not to be named ?

[Wild Falcon]

But the new homes all look the same.... i guess it's Singaporeans desire to conform? Look at the new homes - same white laminate kitchen, same kitchen equipment, same stupid baroque wallpaper in the MBR, same chandelier light at dining area, same sink, same contemporary sofa as everyone else. FAINT. Seems like everyone use or copy from same designer so as to conform. Get a large old home and think out of the box - design your own place to your own liking. Sometimes I go to my friend's house and ask "did u use the same designer as someone else?" because the house looks the same as everyone else. Why not a country-style kitchen or old ama retro kitchen reminiscent of good old times? Why must everyone's house look the same. Why the strong need to conform?


bopian la...i myself also prefer new new...new stuff...registered for new iph4 oredi!:cheers1:

i went to scout condos ard hillview...in the end, i will only pay for new new hillvista if i really want to invest in tat area:o

[devilplate]

But the new homes all look the same.... i guess it's Singaporeans desire to conform? Look at the new homes - same white laminate kitchen, same kitchen equipment, same stupid baroque wallpaper in the MBR, same chandelier light at dining area, same sink, same contemporary sofa as everyone else. FAINT. Seems like everyone use or copy from same designer so as to conform. Get a large old home and think out of the box - design your own place to your own liking. Sometimes I go to my friend's house and ask "did u use the same designer as someone else?" because the house looks the same as everyone else. Why not a country-style kitchen or old ama retro kitchen reminiscent of good old times? Why must everyone's house look the same. Why the strong need to conform?

no one size fits all investment...sames goes to our gf/wifey yay?:D

[Wild Falcon]

That's why the "old ones" are more interesting because got more "variety". Imagine date the SAME-TYPE of man or woman all the time :) Sometimes need bespectacled boring type, sometimes need the flamboyant type, sometimes need the mummy or daddy's boy or girl type, sometimes need the ah beng type, sometimes the banker type. You get the drift...


no one size fits all investment...sames goes to our gf/wifey yay?:D

[Regulators]

those buyers who paid $7xxpsf probably didnt do their homework before jumping in. From what i heard, the en bloc talks have been going on for a while and i think owners are eager to offload their units at en bloc prices even before the enbloc. more than 1 year ago, i actually offered an owner $900k for a 16xxsf unit but he refused to sell, saying that majority of owners are actually waiting for en bloc and if they were to offload, it had to be based on future pricing.

Enbloc or not, i think green lodge is very spacious and more livable compared to the units you get in terrene. Only worry after buying green lodge is you might get kicked out of the condo in the face of en bloc.


But Green Lodge is very old already, at 26 yrs old. Btw, I saw on PropertyGruru that there's no transactions for Green Lodge from Aug-07 till mid-09 .. is this really the case? I wonder why. All owners waiting for en-bloc so none selling?
Anyway, the attempted en-bloc, even at the requested $135 million, works out to be less than $700psf.... saw two most recent transactions at > $700psf; why were those two buyers thinking??

[Regulators]

talking about private space outside the door, i heard that Bayshore Park allows owners to buy up the recess area outside the door and erect a gate and tile the outside which is something quite uncommon these days. yes, generally for pte lifts, owners have to buy the small lobby area in front of the lift just outside the door. however that being said, if you go to hillington green, the lobby area can be used to place anything you want from shoe racks to benches etc if you want and even hang paintings.


For units with private lift lobby, the lift lobby area belongs to that unit even though that area is outside your main door (yes, easily another 60-100 sqft gone!).
For units with common lift lobby, lift lobby area is not included in the sqft of the unit. That explains why units with common lift lobby have much larger usable area than those with private lift lobby!

[kane]

yes, in HK, this is known as efficiency index. It is running at about 70%-80%, in other words, if u buy a unit of 1000 sq ft, the usable area is only 800sq ft.

In HK, >1000 sq ft is called luxury apartment.

yes, 70-80% is the typical number. so if you recalculate the psf on your own space it's actually much higher. i couldn't believe my ears when my HK friend first told me about this. and i thought paying for loft air in the apt or house is already very stupid.

[chanys]

I think $900 for 16xxsf is a fair price if you had gotten that. Were you intending for self-stay ... or hoping to get en-bloc too? Green lodge doesn't seem to be in a superby location for rentals.. and plus the huge 16xxsf too.


those buyers who paid $7xxpsf probably didnt do their homework before jumping in. From what i heard, the en bloc talks have been going on for a while and i think owners are eager to offload their units at en bloc prices even before the enbloc. more than 1 year ago, i actually offered an owner $900k for a 16xxsf unit but he refused to sell, saying that majority of owners are actually waiting for en bloc and if they were to offload, it had to be based on future pricing.

Enbloc or not, i think green lodge is very spacious and more livable compared to the units you get in terrene. Only worry after buying green lodge is you might get kicked out of the condo in the face of en bloc.

[scsc]

yes, 70-80% is the typical number. so if you recalculate the psf on your own space it's actually much higher. i couldn't believe my ears when my HK friend first told me about this. and i thought paying for loft air in the apt or house is already very stupid.

wow.... HK's developers so "efficient" to squeeze $ for useless space :doh:

[Regulators]

i was actually intend to buy for en bloc or own stay. for own stay it is a great location perched on a hill and the unit sizes are considered big by today's standards. buildings are also well spaced out and the condo looks quite reasonably maintained as well. No point buying at 1.3 mil now coz the place might get en blocked anytime for even lesser than the amount.


I think $900 for 16xxsf is a fair price if you had gotten that. Were you intending for self-stay ... or hoping to get en-bloc too? Green lodge doesn't seem to be in a superby location for rentals.. and plus the huge 16xxsf too.

[smallant]

think out of the box... With smaller units... u people will be forced to be out of the small MM unit... Ie work longer hrs.. eat outside., party longer...
Benefits might be :-
1) live shorter... (CPF annity scheme profitable lor)
2) work longer (productivity increases ! gdp up)
3) eat out (spend more.. increase biz)
4) party longer (increase spending.. also means have to worker even harder to support party lifestyle)
5) lesser time to make babies.. So better to import ready made $$ foreign talents mah
So there are benefits leh.... :D

[mcmlxxvi]

But the new homes all look the same.... i guess it's Singaporeans desire to conform? Look at the new homes - same white laminate kitchen, same kitchen equipment, same stupid baroque wallpaper in the MBR, same chandelier light at dining area, same sink, same contemporary sofa as everyone else. FAINT. Seems like everyone use or copy from same designer so as to conform. Get a large old home and think out of the box - design your own place to your own liking. Sometimes I go to my friend's house and ask "did u use the same designer as someone else?" because the house looks the same as everyone else. Why not a country-style kitchen or old ama retro kitchen reminiscent of good old times? Why must everyone's house look the same. Why the strong need to conform?

People (especially Singaporeans) have limited imagination... can look at it positively though, since most are intending to flip, maybe standard expected decor easier to sell off then some very niche decor.

I ever seen Eastwood Lodge unit deco until like Roman era like that complete with fire place (fake) and stone wall wow... but when I think about the stone wall and the possible amount of dust trapped inside impossible to clean I think twice liao.

[xebay11]

Funny? I would rather take nightly strolls in the peaceful lorongs of TK among gracious landed homes then walk along polluted and noisy Amber Road and other main roads.

Hmmm maybe it's just me, as I lived almost all life in private landed estates and only once in HDB and hated it due to the noisy bus stop along the main road.

[devilplate]

Funny? I would rather take nightly strolls in the peaceful lorongs of TK among gracious landed homes then walk along polluted and noisy Amber Road and other main roads.

Hmmm maybe it's just me, as I lived almost all life in private landed estates and only once in HDB and hated it due to the noisy bus stop along the main road.

if can find one place near MRT and yet away from road traffic, dust and noise? perfect isnt it?

[xebay11]

if can find one place near MRT and yet away from road traffic, dust and noise? perfect isnt it?

Sounds like Lor G TK. Anyway MM is also relative, compared to the 4 bedder unit I finally bought, Seaview's 4 bedder was MM sized.

[devilplate]

Sounds like Lor G TK. Anyway MM is also relative, compared to the 4 bedder unit I finally bought, Seaview's 4 bedder was MM sized.

btw, does it make more sense to buy a landed rather den buying a big 4bedder or big PH condo? quantum cud be similar

[cashrich]

btw, does it make more sense to buy a landed rather den buying a big 4bedder or big PH condo? quantum cud be similar

yes, based on location... penthouse in D1 is better than landed in D2X.

and landed in D1 is better than penthouse in D2x..

so conclusion is Penthouse and Landed in D1 is the best!

[bargain hunter]

there are no landed properties in D1. :D


yes, based on location... penthouse in D1 is better than landed in D2X.

and landed in D1 is better than penthouse in D2x..

so conclusion is Penthouse and Landed in D1 is the best!

[jlrx]

there are no landed properties in D1. :D

You forgot the house of Mr. John Argyle Maxwell. Only $15,000.

http://admin.myheritage.com.sg/files/trails/M2_OLD.jpg

PROPERTISM Rule No. 2 - Land is more valuable than air.

[xebay11]

btw, does it make more sense to buy a landed rather den buying a big 4bedder or big PH condo? quantum cud be similar

Definitely, right but at that time in July last year, $1.2m could not buy me a move-in cond landed, 30 year old original condition yes, but A+A would be bottomless pit.

PH? Many are hot and I only interested in Lor G / H TK near MRT and connector, viewed almost all PH there including Palm Vista, Grand Residences, Espira, all very small. My development had a similar 4 bedder PH just above me but asking price was $1.7m, definitely should go landed at that price but even that was just sold 3 days ago. Where else can get big FH (functional big, not paper size big) and well located PH in the East Coast?

Now I scaled down my search already, have to be contented with one landed and one 4 bedder and pursue other things in life, rather then property :D May enter again if the market is right.

[teddybear]

Don't think there is such perfect place!
Just across/beside MRT means can't avoid some road noise.
Want to avoid road noise means far from MRT.
Want amenities like near to shopping means near to road => road noise.
Don't want road noise means far from MRT, far from amenities (shopping areas etc).

In summary: "Exclusive" place (quiet & green & a lot of privacy with no tall building all around that can look into your place) cannot be "Convenient" (Obviously, most convenient is right next to or just across the road can reach the MRT station and shopping areas (just above not preferred by many)).
Similarly, "Convenient" place cannot be "Exclusive".


if can find one place near MRT and yet away from road traffic, dust and noise? perfect isnt it?

[bargain hunter]

i mean landed zone for residential currently. and for sale...none at all. :D


You forgot the house of Mr. John Argyle Maxwell. Only $15,000.

http://admin.myheritage.com.sg/files/trails/M2_OLD.jpg

PROPERTISM Rule No. 2 - Land is more valuable than air.

[devilplate]

Don't think there is such perfect place!
Just across/beside MRT means can't avoid some road noise.
Want to avoid road noise means far from MRT.
Want amenities like near to shopping means near to road => road noise.
Don't want road noise means far from MRT, far from amenities (shopping areas etc).

In summary: "Exclusive" place (quiet & green & a lot of privacy with no tall building all around that can look into your place) cannot be "Convenient" (Obviously, most convenient is right next to or just across the road can reach the MRT station and shopping areas (just above not preferred by many)).
Similarly, "Convenient" place cannot be "Exclusive".

when i say near to MRT meaning within 5mins walk lor...if not i will say MRT at doorstep:D

so anyone got any condo to recommend of such?

[peterng8]

when i say near to MRT meaning within 5mins walk lor...if not i will say MRT at doorstep:D

so anyone got any condo to recommend of such?

suburb at west interersted? if yes...centris, caspian, lakeshore, Parc vista, lakeholmz, parc oasis, guilin view, Jade, northvale, warren, regent grove, yew mei green, windermere, yew tee residence, mi casa...all less than 5min walk...

[gn108]

These type of properties do exist and there are even F/Hold.
Eg Landed - Near Kemb MRT in the East and places near Gilstead/Buckley Roads (near Novena)
Eg Condo - Pepys Hill or Fragrance Park in D5. (Pasir Panjang MRT)
The only thing is there is no Malls within shouting distance.




Don't think there is such perfect place!
Just across/beside MRT means can't avoid some road noise.
Want to avoid road noise means far from MRT.
Want amenities like near to shopping means near to road => road noise.
Don't want road noise means far from MRT, far from amenities (shopping areas etc).

In summary: "Exclusive" place (quiet & green & a lot of privacy with no tall building all around that can look into your place) cannot be "Convenient" (Obviously, most convenient is right next to or just across the road can reach the MRT station and shopping areas (just above not preferred by many)).
Similarly, "Convenient" place cannot be "Exclusive".

[teddybear]

Wah 5mins walk - so farrrrrr..... :D


when i say near to MRT meaning within 5mins walk lor...if not i will say MRT at doorstep:D

so anyone got any condo to recommend of such?

[teddybear]

Looking for those FH private with both MRT station and shopping malls within 250m. Who got any to recommend? Think quite difficult to find, can only get 99LH and HDBs! :beats-me-man:


These type of properties do exist and there are even F/Hold.
Eg Landed - Near Kemb MRT in the East and places near Gilstead/Buckley Roads (near Novena)
Eg Condo - Pepys Hill or Fragrance Park in D5. (Pasir Panjang MRT)
The only thing is there is no Malls within shouting distance.

[cashrich]

Looking for those FH private with both MRT station and shopping malls within 250m. Who got any to recommend? Think quite difficult to find, can only get 99LH and HDBs! :beats-me-man:

look at citysquare.... parabooneeks place.

should be less than 250 meters...

but have to accept the smell... maybe worst than jurong

[cashrich]

i mean landed zone for residential currently. and for sale...none at all. :D

there is and your are right... not selling... super holding power.

[devilplate]

suburb at west interersted? if yes...centris, caspian, lakeshore, Parc vista, lakeholmz, parc oasis, guilin view, Jade, northvale, warren, regent grove, yew mei green, windermere, yew tee residence, mi casa...all less than 5min walk...

any condo located near MRT and yet away from main/major traffic roads noise/dust ...ur list mostly not quiet

[xebay11]

any condo located near MRT and yet away from main/major traffic roads noise/dust ...ur list mostly not quiet

Tanamera have a few but all 99yr LH.

I search for my home using the MRT map and drawing radius within 500m and eliminate the rest from the zone.

[xebay11]

Looking for those FH private with both MRT station and shopping malls within 250m. Who got any to recommend? Think quite difficult to find, can only get 99LH and HDBs! :beats-me-man:

Can find, maybe not 250m but within 500m but anybody sell that is the bigger question.

[xebay11]

In summary: "Exclusive" place (quiet & green & a lot of privacy with no tall building all around that can look into your place) cannot be "Convenient" (Obviously, most convenient is right next to or just across the road can reach the MRT station and shopping areas (just above not preferred by many)).
Similarly, "Convenient" place cannot be "Exclusive".

Some areas in Siglap sounds right up your alley, but no one selling.

[peterng8]

any condo located near MRT and yet away from main/major traffic roads noise/dust ...ur list mostly not quiet


:D got MRT not near main road one or traffic?:D

Btw near main road good ..no jam ..:)

[Pizza88]

any condo located near MRT and yet away from main/major traffic roads noise/dust ...ur list mostly not quiet

I know a number of them in district 13. Avon Park, Euro-Asia, Blossoms, Parc Mondrian. All freehold near MRT and quiet.

[sleek]

So devilplate can consider staying at his DK in 8@Woodleigh liao! :D


I know a number of them in district 13. Avon Park, Euro-Asia, Blossoms, Parc Mondrian. All freehold near MRT and quiet.

[teddybear]

No shopping mall(s) and other amenities nearby lei...


I know a number of them in district 13. Avon Park, Euro-Asia, Blossoms, Parc Mondrian. All freehold near MRT and quiet.

[teddybear]

Don't like that place lei. Any in D9, D10, or D11 to recommend?


look at citysquare.... parabooneeks place.

should be less than 250 meters...

but have to accept the smell... maybe worst than jurong

[kane]

Don't like that place lei. Any in D9, D10, or D11 to recommend?

your richmond park no?

[teddybear]

Richmond Park about 500m from MRT station? (although very close to Paragon).


your richmond park no?