How much is the subsale price for the good facing unit with high floor?
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How much is the subsale price for the good facing unit with high floor?
good units about 1.1kpsfQuote:
Originally Posted by Unregistered1000
lousy units can be as low as 900 psf
Wow nam-daM! Spot on!Quote:
Originally Posted by nam-daM
Latest One Amber transaction;
#05-16 1378sqft $900psf $1,242,000 21Jul08 latest caveat.
How do you manage to get info like this, specific to a unit? I'm trying to look out for units in a condo and i think it will be very helpful to know how much the units were transacted.Quote:
Originally Posted by Real Estate Pundit
low floors will fetch a lower price......
Hi Newbie Homebuyer,Quote:
Originally Posted by Newbie Homebuyer
The problem with the real estate business in Singapore is the lack of transparency. Those in the know, those who have access to detailed info will not share. Most real estate agents will not share lest potential buyers do not fork out up to the seller's price.
Follow this link, see the price the poor sod paid for The Sea View #03-22! This will get him Park Infinia upwards of 25th floor!
http://forums.condosingapore.com/sho...?t=760&page=12
BTW, I have to pay to get detailed info. I will try to update as much transactions as possible to make real transactions more transparent.
Hi all. I have followed this very closely and I can tell you my prediction.
Prices will drop to 700 psf by end 2009. Double whammy of oversupply in D15 and economic recession ripple from US.
Mark my words.
Anyway in the spirit of sharing info, below are all the One Amber transactions since Feb 08. As you can see, there aren't too many transactions......let's see how long confidence can hold out.Quote:
Originally Posted by Newbie Homebuyer
Latest transaction at One Amber
Unit, # Size,sqft $psf Price, $ Contract date
05-16 1378 900 1,240,200 21 Jul 08
12-03 958 1100 1,053,800 10 Jun 08
17-04 570 1193 680,000 16 May 08
10-18 1701 1008 1,714,608 23 April 08
14-19 1658 1031 1,710,000 7 Apr 08
16-08 1302 1220 1,588,440 28 Mar 08
16-01 1389 1130 1,569,570 13 Mar 08
02-03 958 920 881,360 11 Feb 08
Hi nam-daM,Quote:
Originally Posted by nam-daM
tho i will agree with you that prices will come off further but i don't think that prices will drop to $700. There are simply still many people hankering to buy properties to live in that will hopefully take up this slack and prevent this from happening.
What do you think?
Hmmmm.....let's try this again.Quote:
Originally Posted by Real Estate Pundit
Unit, # Size,sqft $psf Price, $ Contract date
05-16 1378 900 1,240,200 21 Jul 08
12-03 958 1100 1,053,800 10 Jun 08
17-04 570 1193 680,000 16 May 08
10-18 1701 1008 1,714,608 23 April 08
14-19 1658 1031 1,710,000 7 Apr 08
16-08 1302 1220 1,588,440 28 Mar 08
16-01 1389 1130 1,569,570 13 Mar 08
02-03 958 920 881,360 11 Feb 08
Let's see how this turn outQuote:
Originally Posted by Real Estate Pundit
market will go up and down one
its is a cycle
Hi Real Estate Pundit,Quote:
Originally Posted by Real Estate Pundit
Thanks for the info sharing. Do you have the Esta transaction details also? I don't think can wait till $700psf, but $800psf is possible and reasonable, agree?
Hi, please see The Esta thread for the subsale caveats lodged for whole of this year. Am happy to share.Quote:
Originally Posted by can wait some more?
Prices will ease further but I really don't think it'll go to $700psf.....I think even at $800, buyers will go in already, regardless of the bad world economic situation. So buy only what you like and at that price you are comfortable.
IS ESTA THE HIGH RISE CHICKEN COOP I SAW THAT DAY? CHICKEN KING THINKS IT IS A POTENTIAL AREA FOR CHICKEN BUSINESS APART FROM TELOK KURAU. ULTIMATE AIM IS TO TURN SINGAPORE INTO A CHICKEN PARADISE WITH EXPATRIATE CHICKEN FROM ALL OVER THE WORLD...WOW!
Quote:
Originally Posted by Real Estate Pundit
This mad dog bark all the way from D14 to D15 now... Either he is mentally disorder, or too poor to afford any entertainment, then bark nonsense in every forum! Get lost lah!
HAHAHA!!!! CHICKEN TONIGHT!!!CHICKEN TONIGHT!!!
Quote:
Originally Posted by Get Lost
CHICKEN KING SENSES YOU LIKE TO EAT FILIPINA TAKE AWAY COZ I SEE A LOT OF FILIPINA CHICKENS HANGING AROUND IN THE AREA SURVEYING THE LOCATION TO CARRY OUT THEIR FUTURE TRADE IN THE VICINITY. ALSO A GOOD PLACE TO DO CHINESE TAKEAWAY COZ CHINESE CHICKENS WILL BE APLENTY IN THE AREA WHEN PROJECT TOP.
Quote:
Originally Posted by Get Lost
Latest caveat for One Amber.
#05-1X__1378sqft__$900psf__$1,240,200__Contract 21 Jul 2008
#16-1X__1378sqft__$1000psf_$1,378,000__Contract 25 Jul 2008
Thanks Real Estate Pundit for the sharing, really find your contribution informative and useful for prospcetive buyers around Marine Parade area.
Just wonder why the price psf for One Amber units can command higher than ESTA?
May I know where do you get this data with the unit and floor?Quote:
Originally Posted by Real Estate Pundit
Hi InfoSeeker, i think the price difference between One Amber and The Esta is due to 2 factors.Quote:
Originally Posted by InfoSeeker
1. The Esta was marketed earlier, thus buyers got lower prices from the developer compared to One Amber.....when buy low, can afford to not having to sell too high.
2. As The Esta approaches TOP, the owners are pressured to decide if they want to hold, rent or sell. One Amber owners will be faced with this decision the next 3 to 6 months and this is when the prices of One Amber will come under selling pressure like The Esta.
Thanks!Quote:
Originally Posted by Real Estate Pundit
One more question to expert: When is the best time to buy?
1. Before TOP?
- since owner want to get away the housing loan and stamp duty, so don't mind to sell not too high
2. OR nearly after TOP?
- since we can see the actual unit to decide,
- but owner may want to rent out rather, since all above $$$ paid already? plus the interest rate pretty low, the rental can easily cover the monthly installment, for the owner to wait till next peak?
RE Pundit, I looked at both Esta and One Amber and I can tell you prices for both were comparable at the launch.
I chose OA because of the condo design, better finishings and because of the larger land size, it wont feel so cluttered. I bought my 3br unit during the preview and will move in when it is ready. For people like me, the pressure to sell is negligible. During the preview, most of the 2br units were bought by agents and I suspect these may have already been sold as sub-sale. I'm looking for a 2br or 3br if the price is right again.
By the way, I went to the preview also, didn't like the layout at all, the living hall and dinning hall seperated by a big window... also the pool facing units are all facing north, Fengshui wise not so perfect. No offence...Quote:
Originally Posted by Interloper
http://www.goviewing.com/birthcert/a000630/floorplanC8/
Any way, can wait till TOP to feel it then commit
To PP : had you bought one, you could be sitting on 40% profit minimum at current psf. Well, hope you learnt something.
I would wait for the One Amber to TOP. The reason is the bay windows may render the bedrooms to be somewhat useless. Just look at The Sea View, on paper all the bedrooms looked to be of decent sizes. But after looking at the real unit, I came away disappointed as a lot of the strata area were actually balcony, planter and bay windows.Quote:
Originally Posted by Unregistered2
Also, only on inspecting the finished product will we see which developer actually deliver better quality finish. The Sea View did not impress me with the finish even though it is a Wheelock product.
I also believe the rental market is not as encouraging as some real estate agents put it to be. I keep hearing agents telling me they leased out The Sea View for $7k/month.....but I still see a lot of vacant units there.
Keep a look out for saturday classified, you can find many listings for The Esta and One Amber. You can also see about 75 listings for One Amber at www.nationproperty.com.sgQuote:
Originally Posted by Interloper
Good luck.
Hi Expert, thanks a lot!Quote:
Originally Posted by Real Estate Pundit
By the way, is there anyway to find out the actual rental price or transaction? Agents keep on pushing, by using the "rental cover monthly installment" way to emphasis that price won't drop further.
One factor they lighted also is that: by adding the stamp duty and interest $$$, the owners have to let go at least $800psf, in order to cover their $700psf cost. is it true?
Right now for the better units (high floor, sea view) the psf is $1,050 psf or more, down from $1,300 psf at the height. If these units can be let go for $900, I will be first in line to buy as this is below cost!!