Newbie
I think capital appreciation is possible over a longer horizon. Afterall, this is really near the MRT. Also, rental yield should not be a problem. Some people working in the so-called new surbia business hub (eg Changi Business Hub) may like to stay somewhere between their workplace and city centre.
Go for Smallest Unit
These are for low class foreigners who cannot get PR to buy.
as Can get PR, will buy resale HDB
Anything below $500k is still in demand as you only need about $100k to start the ball rolling and you save on your own rental. Just put it right back into the house.
MM is really in demand..Must buy quickly as they always sell out on day 1.
Newbie
Price is out.
The cheapest (344sqft,2nd floor) is 475k. Quite ex sia
Newbie
Really quite ex. Wonder how the sales went?Originally Posted by kaizhe
Kaizhe, by the way, have sent you a private message.
Newbie
Ex in terms of psf, but quantum ok. Rental should earn cos rental dun look at psf anyway. If i have money, I will go for it (M Jus a poor teacher). somehow I am quite confident that this project is good if i see long term. Freehold at 350m from MRT, less than 1 min from central is really rare...
Go for Smallest Unit
want to buy?
grab fast....
sure sell...
miss it and regret it...
Newbie
You sponsor ah? I noleh
Newbie
sorry,response is hot,balloting now,no place to park car,all full lol
Senior
Another MM development.
Newbie
MM projects also have its advantages, u can like enjoy hotel room everyday if u think of it positivelyAnother MM development.
Newbie
All sold out except one 2 bedders unit!
Go for Smallest Unit
see..... so hot.....
MM will be the new standard... just make sure you dun pay above market rate.
Should be around $13xx psf right?
$15xx no meat left. Must wait 5 years.
Newbie
ya u are right, $13xx...the next project...sims mansion! 17 floor with 100 units...
Senior
Have you thought about downturn? How much will a MM unit drop in price?
Go for Smallest Unit
hahah stuck with it so no price drop. But don't worry, the dragon will rise again.
Newbie
Penthouses also sold out? tat is super response!
Newbie
downturn at 2018! the cycle..haha
most likely the price will be maintained for this few years because the demand still > the supply.
anyway I bought MM unit for my own stay,probably buying the 2nd when the downturn is coming.
Newbie
that one i m not sure,my agent told me left 1 unit only.. The response is super because there are only 28 units! I won't buy for my own stay because the maintenance fee going to be more than $300!
Senior
What is the potential of this development to increase by $200psf? Who will buy it?
Go for Smallest Unit
That's very smart...
$500k - 1 unit
drop to $300k - buy another unit
so average $400k, when it recovers, sell at $400k each to break even without interest consideration. But if you sell at $500k each... can make $200k. Easy bombpipi.
Huat ah!
Newbie
how many years for that $200 increment?
Newbie
I intend to rent it out after i bought the 2nd one! Economy downturn > ppl tend to rent house than buy
I will consider sell it maybe after 10 years gua
Go for Smallest Unit
Freehold don't worry. Keep 10 years, gain 50%. Keep 20 years, gain 100%.
I intend to rent it out after i bought the 2nd one! Economy downturn > ppl tend to rent house than buy
I will consider sell it maybe after 10 years gua
Newbie
haha hopefully lor.
Senior
Can achieve before the cooling measures in less than 6 months in good location. Not sure about now and this location?
Newbie
now very hard to get la, but i noticed that mm project really laku nowadays, maybe the market will still up up up?
Newbie
I like the location. Super near MRT and central. FREEHOLD somemore. Eunos is very near town even by MRT. Near paya Lebar interchange, near cityhall, near orchard, near bugis. I am currently staying at my mil's place at Eunos ubi, abt 600m away from MRT. That is why i said if i got money, i will buy this project. No money No talk.The only thing that I dun like abt the place is the MRT track noise, but trust me, will get used to it.
Newbie
You mean you managed to get one unit here thru balloting?
Newbie
I like the location. Super near MRT and central. FREEHOLD somemore. Eunos is very near town even by MRT. Near paya Lebar interchange, near cityhall, near orchard, near bugis. I am currently staying at my mil's place at Eunos ubi, abt 600m away from MRT. That is why i said if i got money, i will buy this project. No money No talk.
For those who are not aware, this project is directly facing the Buddhist temple. You can see it from your living room for those 2-5 level units.
be prepared for incense burning and chanting at night and on festive occasions.
Most people will avoid renting such locations even though location near MRT. I believe all the agents there would not have shared with most of you when you are there.
Also it is beside the MRT track so be prepared to be awaken by MRT track noise every 3mins. Also this street is a one way road which can be very conjested. Good luck to those who bought.
Newbie
no,i m not going to buy this project,everything is so bad like what Daniel Foo mentioned except it is near to MRT and my favourite VeganBurg.
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