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Thread: Park Residences Freehold D19 mins to MRT

  1. #1
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    Default Park Residences Freehold D19 mins to MRT

    Hi, just went to the showflat at Kovan, freehold and within 300m from kovan MRT, freehold. Location is good. But guess what? It is selling at $1.5 - 1.6k psf!!! Selling Hot hot hot! See how many sold out(attached pics). Impressed! Really that worth buy? I am keen on the top floor unit 05-03, selling at $520k, abt 1.6k psf. Size is small at 323sft, but no balcony and bay windows. Held back cos psf to high for me to bite!

  2. #2
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    Doubtless to say the location is splendid but it always pays to wait a little more. May be able to find even better deals later even if this project is sold out!

  3. #3
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    1500psf for kovan?! crazy!

  4. #4
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    Quote Originally Posted by azeoprop
    1500psf for kovan?! crazy!
    Thats y i didn't bite. I think it was totally crazy. Could the sales figure be fake? How can sales be so good at that kind of psf??

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    Quote Originally Posted by Montaigne
    Thats y i didn't bite. I think it was totally crazy. Could the sales figure be fake? How can sales be so good at that kind of psf??
    It's real. I know e agents collected a lot of cheques even b4 e launch. Several buyers r foreigners grabbing a few units at one go. MM rules, even more so for e next few months bcoz they r less risky than large units.

  6. #6
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    Quote Originally Posted by Montaigne
    Thats y i didn't bite. I think it was totally crazy. Could the sales figure be fake? How can sales be so good at that kind of psf??
    Now u see it, now u don't.

    Paste sticker only...

    Who pasted arh?

    Did it guarantee sold?

    Then even if sold... Is it the right price?

    Stamps are for pasting... Would your eyes be fooled?

  7. #7
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    Agent told me that 1bedders rental yield = $2500
    1 bedder Penthouse = $3400
    2 bedders penthouse = $5500

    I serious doubt so... Think no 2 bedders for sales at all.

  8. #8
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    Quote Originally Posted by Montaigne
    Agent told me that 1bedders rental yield = $2500
    1 bedder Penthouse = $3400
    2 bedders penthouse = $5500

    I serious doubt so... Think no 2 bedders for sales at all.
    There r two 2 bedder penthouses. I dun think rental is so good for e ultra small size 1 bedder MM. Bcoz u have many larger units w full condo facilities v nearby.

  9. #9
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    haa haa who in the right frame of mind will pay $2500 a month to stay in a 323sqft room?


    I think stay frangance kovan hotel better.

  10. #10
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    With no facilities, studio at [EMAIL="[email protected]"][email protected][/EMAIL] already leasing out at $2.3k/mth at 366sq ft. $2.5k/mth might still be possible. Its the $5.5k/mth that's .

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