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Re: Botannia (D5, 956 yr, CDL / Capitaland)
I concur your point about the "West Coast Project". We will all be seen as a group or condo cluster rather than isolated projects.
While I got infiniti, I hope Botannia get sold out with good price points too. It will bring more upside to Carabelle and Infiniti.
Nevertheless, even if the upside is not realised in the next 2 years, all these projects will certainly make wonderful homes :) :) :cool: :cool:
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Botannia is going to be sold out soon (one more month?). CDL guys told me that they have only 20 4-bedroomers unsold. To quote that guy: "it is selling very well."
We did not buy Botannia cuz we thought it is too expensive. But there are people who think otherwise.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Boeingdriver
Wah... very optimistic huh? I only aim for 50%. 100% return? kinda optimistic?
What's your reasoning for 100% gain?
i belive one of his reasonings is the same as mine, and his view is not optimistic at all- just plain pragmatic :
Quote:
Originally Posted by reliable source
The increasing ease of becoming a millionaire became clear Tuesday ( Apr 2006 ) , with the announcement that the ranks of world millionaires had swelled to 8.7 million last year ( 2005 ) half a million more than the population of New York City.
Millionaires also invested more aggressively, pouring cash into emerging markets and pulling it out of fixed income holdings, as their wealth reached $33.3 trillion, more than double U.S. economic output, a study by Merrill Lynch and consultancy Capgemini found.
what do u think the number will be now and over the next 5 years? and why we are now wooing this new group of rich to our humble little island ?:doh: this effect is already felt in our CDB district. Come 2010 coupled with the "Sands" Effect, what do u think will happen ?
for the benefit of those not sure what is "Sands" effect, see below extract:
Quote:
Originally Posted by reliable source
Macau's turning point came in 2002 when Stanley Ho's license expired..... Galaxy then granted rights to its partner, Adelson's Sands, to open casinos. Chen Zuo'er, deputy director of the State Council's Hong Kong and Macau Affairs Office in Beijing, calls the opening of the gaming sector "a revolution." Wynn and Adelson are two of the visionaries who transformed Vegas from a sleazy gambling pit to one of the world's top tourist destinations. And as an added boost, China in 2003 began lifting travel restrictions on mainlanders ........
The effect of these reforms has been nothing short of miraculous. Macau's GDP grew 47.6% in last year's (2003 ) second quarter—yes, we put the decimal point in the right place—and for all of 2004, it is expected to grow more than 20%. Long-stagnant sectors have been given new life. In 1995 the government opened a grand, new airport, only to discover that few airlines wanted to use it. But last year, Asia's leading no-frills carrier, Malaysian-based AirAsia, began flying in from Bangkok and Kuala Lumpur. Richard Branson's Australian-based airline Virgin Blue is in talks with China National Aviation Corp. to launch a budget carrier with the territory as its base.
But the hottest part of the economy is property. Macau resembles a city-size construction site as many once empty buildings are fixed up or rebuilt and rented out, especially as apartments. ........
JMHO, as always, hammer me if u disagree with me.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
We are wooing this new breed of millionaires to our humble little island. But will they come?
Why would they buy property in Singapore when the property downturn is just beginning in USA and several European countries, notably Spain and Greece. If these new millionaires wanted a nice piece of property, they will just buy them in the USA, Spain, Greece, whatever.. at low low prices because of the downturn.
Why would they even look at Singapore?
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by question?
We are wooing this new breed of millionaires to our humble little island. But will they come?
Why would they buy property in Singapore when the property downturn is just beginning in USA and several European countries, notably Spain and Greece. If these new millionaires wanted a nice piece of property, they will just buy them in the USA, Spain, Greece, whatever.. at low low prices because of the downturn.
Why would they even look at Singapore?
Diversification?
Instability? Buy and lose it?
There are many reasons.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by question?
We are wooing this new breed of millionaires to our humble little island. But will they come?
Why would they buy property in Singapore when the property downturn is just beginning in USA and several European countries, notably Spain and Greece. If these new millionaires wanted a nice piece of property, they will just buy them in the USA, Spain, Greece, whatever.. at low low prices because of the downturn.
Why would they even look at Singapore?
I had the same fear as you. I thought the subprime problem in the us and the bubble in Uk means bad news in general around the world. Then, I changed my mind. I thought the problem with subprime loans may be less serious than generally believed and the UK bubble has some more years to go. besides, even if everything crashes. The authorities will come up with policies to rescue the market.
Of course, it doesn't mean buying botannia or Carabelle is riskfree, the upside potential is greater than the downside potential, giving the attractive pricing. Mind you the price you pay to day is only about 20% higher than the level in 2003, the bottom of singaporean real estate cycle. 20% is nothing.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by question?
We are wooing this new breed of millionaires to our humble little island. But will they come?...........
Why would they even look at Singapore?
Dude, u r one lazy buger. Read some newspapers, please or the veri least go do some socialising at some private business parties/gatherings:
Quote:
Originally Posted by Business Times
Business Times - 21 Mar 2007
Foreigners buy record 4,980 private homes in '06
Singaporeans' share of private home purchases slips to 76%, the second lowest since 1995
(SINGAPORE) The number of private homes bought by foreigners, including permanent residents, went up by 39 per cent last year to an all-time high of 4,980, according to the latest caveats analysis by local property analyst.
........
The biggest jump in the number of caveats lodged for private homes last year came from Koreans (up 174 per cent), followed by US citizens (an increase of 85 per cent) and Australians (up 53 per cent ), according to analysts.
Singaporeans' share of private homes bought slipped to 76 per cent in 2006, the second lowest level since 1995, according to analysis, which is based on caveats captured by Urban Redevelopment Authority's Realis system. The URA's data on caveats go back to 1995. .
......
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Hi blackjack21trader sifu :D
Mind telling us where in the West Coast did you buy? I personally thought The Stellar was a pretty good buy...
Quote:
Originally Posted by blackjack21trader
mark my post and see ; checkout the transacted prices for yourself roughly after July 15, 2007. where do u think i move my vested interests in D9 to after they enbloc-ed me twice? I count myself lucky now that I was enbloc-ed a year and a half ago.
Your guess is as good as mine.:confused:
but if u feel that I am trying to talk up west coast, be my guest and please hammer me as i am really trying to do that here; athough my voice is a little too soft LOL :
I tried using the AYE expressway ( must make U turn at exit at Jurong Town Hall, I think ) to go to the central core from HLG and the timing is a decent 20mins travelling at 80km/hr at around 3pm on weekdays.
I like West Coast for the abundance of light industries at the southern tip. The population here also appears to be higher in academic and professional achievement as I managed to socialise with quite a few West Coasters at the Park.
do also note that foreigners only know how to "calculate" their investments in US$. So S$1 million is actually affordable for most of their middle managers.
JMHO- correct me if I am wrong
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by ahlahdin
Hi blackjack21trader sifu :D
Mind telling us where in the West Coast did you buy? I personally thought The Stellar was a pretty good buy...
o, me no sifu LOL. we are all learning here. I got myself a unit in Botannia .
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by blackjack21trader
o, me no sifu LOL. we are all learning here. I got myself a unit in Botannia .
did you get 1 in Infiniti too? :) :)
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Does anyone have news or update about the two nearby amenities: Ginza plaza (redevelopment), and (new) Clementi bus interchange? I think they have positive impact on the 'West Coast Project' here :)
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by ht
did you get 1 in Infiniti too? :) :)
yes, I did. How did u guess?
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by St.
Does anyone have news or update about the two nearby amenities: Ginza plaza (redevelopment), and (new) Clementi bus interchange? I think they have positive impact on the 'West Coast Project' here :)
As far as i know -the clementi bus interchage redevelopment is an ongoing project and I am not sure of the progress....
Whats more interesting for 'West Coast' project could be the plans for Hong Leong Gardens Shopping Centre - that is directly opposite Carabelle. That site has been zoned for residential with commercial in the first floor as per the 2003 URA masterplan - given that there would be more than 1,200++ household moving in in 2009 - surely that would be good enough reason to spruce up or even redevelop that place!
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
I'd walked around the Hong Leong Gardens Shopping Centre but felt a bit disappointed for that currently there is no much commercials (to the residence nearby, well, a Japanise restaurant is there...). Yes, it will be more interesting to see how/when the HLGSC is redeveloped...
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Unregistered
yes, I did. How did u guess?
Hee Hee !!
I get a reminder email whenever there is post on those threads I have been active on, which contains the posted message. Got a preview of you pre-edited post I supposed, sorry for being a little nosy in asking. :ashamed1: :ashamed1:
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Ginza Plaza has a new name now called "West Coast Plaza"
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Tropical Fish
Ginza Plaza has a new name now called "West Coast Plaza"
Do you know any details about its re-development -- completion schedule, any major changes other than inerior renovation? Tks
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Tropical Fish
Ginza Plaza has a new name now called "West Coast Plaza"
whoa! even their name is in support of the West Coast Project fever :) :)
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by ht
whoa! even their name is in support of the West Coast Project fever :) :)
for goodness sake... ginza is located on west coast road so its natural for them to adopt the name of the street. ginza sounds stupid anyway...
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
i wonder if anyone notice that there is 2 or 3 ( I think ) Japanese schools in West Coast area and one huge Japanese Baseball field just beside the MP and Botannia. There are also quite a number of Japanese companies there.
While we spoke so much of foreigners in the market, we have overlooked the quiet Japanese in the West Coast area who are giving lucrative rental yields for the area.
The Japanese over the years have grown from "copiers" to be great constructors and inventors of technology. But they are still conservative in their culture about their roots, I just wish one day they can integrate fully into our Singapore society like what some of the foreigners have done. Or even buy some of our West Coast properties.
If one day in the far future, the Americans built a spaceship and leave for greener pastures because of our dying Earth, the Japanese could be the one left behind on Earth to resurrect the Earth. But before that happens, I hope the Japs took their roots here in Singapore to start some research and transfer their technology to us in District 5 - a bit far fetched hope but I really wish that could happen by wishing on this year's National Day.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by ht
whoa! even their name is in support of the West Coast Project fever :) :)
This is precisely what I thought when I passed by the building and saw the sign "West Coast Plaza."
But I doubt that after we moved into Carabelle, we will be shopping much at the new mall, given that we have Hong Leong Shopping Center nearby, and there is a wet market there too.
Yes, there will be a lot of Japanese in the area, that was why Ginza was named Ginza. Too bad not many Japs shopped at Ginza, and that is why it was never a center of activity.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by blackjack21trader
i wonder if anyone notice that there is 2 or 3 ( I think ) Japanese schools in West Coast area and one huge Japanese Baseball field just beside the MP and Botannia. There are also quite a number of Japanese companies there.
While we spoke so much of foreigners in the market, we have overlooked the quiet Japanese in the West Coast area who are giving lucrative rental yields for the area.
The Japanese over the years have grown from "copiers" to be great constructors and inventors of technology. But they are still conservative in their culture about their roots, I just wish one day they can integrate fully into our Singapore society like what some of the foreigners have done. Or even buy some of our West Coast properties.
If one day in the far future, the Americans built a spaceship and leave for greener pastures because of our dying Earth, the Japanese could be the one left behind on Earth to resurrect the Earth. But before that happens, I hope the Japs took their roots here in Singapore to start some research and transfer their technology to us in District 5 - a bit far fetched hope but I really wish that could happen by wishing on this year's National Day.
Yawn. Come on, stop dreaming. It's not technology that you want. All you want is the Japanese, or for that matter, anyone, to buy some properties where you've bought, so you can get some valuation lift. Stop inflating things.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Japanese outcasts may buy here.This place is as hot as Africa to them.This place was once WW2.Brings back bad memories and bad karma.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by blackjack21trader
i wonder if anyone notice that there is 2 or 3 ( I think ) Japanese schools in West Coast area and one huge Japanese Baseball field just beside the MP and Botannia. There are also quite a number of Japanese companies there.
While we spoke so much of foreigners in the market, we have overlooked the quiet Japanese in the West Coast area who are giving lucrative rental yields for the area.
The Japanese over the years have grown from "copiers" to be great constructors and inventors of technology. But they are still conservative in their culture about their roots, I just wish one day they can integrate fully into our Singapore society like what some of the foreigners have done. Or even buy some of our West Coast properties.
If one day in the far future, the Americans built a spaceship and leave for greener pastures because of our dying Earth, the Japanese could be the one left behind on Earth to resurrect the Earth. But before that happens, I hope the Japs took their roots here in Singapore to start some research and transfer their technology to us in District 5 - a bit far fetched hope but I really wish that could happen by wishing on this year's National Day.
Sorry to say this but I have rented and sold to quite a few Japs. They are only interested in those developments around Clementiwoods Park.
Carabelle/Botannia area.... just not their type. It's NOT within walking distance to a lot of things... supermarket, jap school etc....
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Unregistered
Yawn. Come on, stop dreaming. It's not technology that you want. All you want is the Japanese, or for that matter, anyone, to buy some properties where you've bought, so you can get some valuation lift. Stop inflating things.
O come on , dun u want someone to buy your properties u bought? or are u the few oddballs who want you properties to be sold at a loss? I can make that happen if u want. anyway, no one can inflate the market, if u think u can by merely posting here then u got a problem, dube.LOL
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Unregistered
Sorry to say this but I have rented and sold to quite a few Japs. They are only interested in those developments around Clementiwoods Park.
Carabelle/Botannia area.... just not their type. It's NOT within walking distance to a lot of things... supermarket, jap school etc....
It may not be their type but with that area rental keep going up, soon they have to look elsewhere
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by Unregistered
Sorry to say this but I have rented and sold to quite a few Japs. They are only interested in those developments around Clementiwoods Park.
Carabelle/Botannia area.... just not their type. It's NOT within walking distance to a lot of things... supermarket, jap school etc....
i dunno about that cos this is not my area. I am moving from D9, so i tot it would be neat to join the friendly people I met at West Coast here in D5. ;) But judging from the responses of the posts I receive here, there seems to be a big gap between reality and the D5 forum readers here. everyone in the same designated research zone appears to be shooting at each others projects. for goodness sake, such actions are taboos in investment. It is similar to thrashing someone's lambo while driving a ferrari. or worse, critising a lexus while driving a bemmers- sheer ungentlemenly and crude.
compared to my neighbours in D9 who stand firm together, you guys really appear weak. maybe i should think of moving out before even moving in here and advise the same to my brothers.
lucky I have not exercise my Purchase Agreements yet with the 2 D5 developers. Think I belong better in Skyscrapers D9, the people here are so defensive and aggressive, its like punching ur teammates in a game ,jesus. is this a thing with Singaporean or am I overly reactive??
cos once I was in a taxi and all the things I hear from the taxi-driver is grumble grumble grumble about Singapore. man, I was wondering isit that he stays in Malaysia but works in Singapore ?
Even in New York or Hong Kong or even Taiwan, the taxi-drivers are all praises for their country.
cya later alligators, LOL
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
You probably over-reacted. First and foremost, not all the discussants here have bought Botannia or any of the three projects. The shooters are probably just jealous that you have bought one and they have not, or cannot afford to buy.
If you think that it is a good buy, welcome to the club, and just ignore the nay sayers.
As for D9, I believe you that the residents are more united. It is probably because they have more to lose. the prices there are higher than here. And that is why you moved out (to reap a capital gain), and that is why we never will move there. We arrived in Singapore only a few years ago, and therefore cannot afford the sky-high prices. Besides, we have a car to commute and need not live there. We also think D9 is less livable than D5, in terms of noise and air pollution.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
I think what blackjack21trader means is that all D5 owners should stick together and not shoot down each other's condos. I do agree.
D5 is a district with tremendous development potential, in fact I think it can rival the east coast and probably beyond that because of its proximity to Sentosa, one-north, and also several international education and research centres around here. Most importantly, a lot of West Coast and Pasir Panjang plots are private, and tenures are freehold or 956/999 years. Developers will be looking at this area for a long time to come.
Can you imagine it if the shipping and shipyard industry is moved elsewhere? One entire stretch by the sea front, stretching from Pandan Reservoir to Harbourfront, open for development. Any developer or investor will salivate at the thought of making use of this area.
Hence, all D5 owners are in this together, and we all stand to reap the benefits of whatever developments (commercial, residential, educational, entertainment, and otherwise) the government has in store for the area. Stop shooting each other's condos down.
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Re: Botannia (D5, 956 yr, CDL / Capitaland)
Quote:
Originally Posted by ahlahdin
I think what blackjack21trader means is that all D5 owners should stick together and not shoot down each other's condos. I do agree.
D5 is a district with tremendous development potential, in fact I think it can rival the east coast and probably beyond that because of its proximity to Sentosa, one-north, and also several international education and research centres around here. Most importantly, a lot of West Coast and Pasir Panjang plots are private, and tenures are freehold or 956/999 years. Developers will be looking at this area for a long time to come.
Can you imagine it if the shipping and shipyard industry is moved elsewhere? One entire stretch by the sea front, stretching from Pandan Reservoir to Harbourfront, open for development. Any developer or investor will salivate at the thought of making use of this area.
Hence, all D5 owners are in this together, and we all stand to reap the benefits of whatever developments (commercial, residential, educational, entertainment, and otherwise) the government has in store for the area. Stop shooting each other's condos down.
:not-worthy: :not-worthy: :cheers4: