Hi, would like to ask about sembawamg cottage. There's a unit that is going for abt 578 pad, and am wondering if the price is too high since it is a walkup apartment and not much amenities. Any advice? Thanks.
Hi, would like to ask about sembawamg cottage. There's a unit that is going for abt 578 pad, and am wondering if the price is too high since it is a walkup apartment and not much amenities. Any advice? Thanks.
It has only 20 units and for the past 2 years, only 6 transactions.Originally Posted by denyr
Consider location (not so good), amenities (still acceptable), for investment (not so good in terms of rental and capital appreciation will also be limited). School for kids, noise from the road etc
For own stay, if you like the place (love at first sight), no problem.
FH, Mcdonald's at doorstep. En-bloc potential. Buy.Originally Posted by denyr
NSE right smack at your doorstep. Buy? Think otherwise. Risk to reward too high.
Thanks all, will reconsider carefully.
Yes. the NSE at your very doorstep. Noise & air pollution.Originally Posted by solsys
Buy near NSE, but not too near like CR, 8CY, YE & YS etc.
Check with LTA, sure build mrt there but dun know when.
Bulid 1 mrt station - $20mil (pluck from the sky)
Sell 1 plot of land - $150 - $200 mil
Available is abt 5 - $750 - $1 bil (not considering the land zone for businesses across the road)
Now, constructing roads (Canberra Drive & Lane), next sell land near to main road (maybe in GLS 2012).
Then how to sell land that is really "off" the main road ? Build mrt.
Also many BTO flats coming up along Sembawang Rd which are quite far from Sembawang mrt.
Great minds think alike....Originally Posted by Pro888
Why not find your enbloc in TK? Oops I forgot government just clamped TK down and it's all published in the papers! Simply because it's way too squeezy!Originally Posted by Eastboy
solsys, i have never intended to sell my landed in TK. never will i let go because this is the house i grew up in. so i don't know why you are targeting me but anyway i was one of the few which my neighbors and i have signed petition to URA for the past few yrs protesting MMs developments in our backyard.Originally Posted by solsys
i welcome the move totally, and whatever it is, it doesn't affect me AT ALL. in fact if properties in TK drop, I'm already eye a few units in this area and grab.
My guess is the business plots will be developed once Seletar Hub up and running.Originally Posted by Pro888
The hub will need auxiliary businesses to support the aerospace industry.
its sad to have apts sprouting up in ur landed estateOriginally Posted by Eastboy
actually landed in TK shd see buying interest back rite? no more enbloc in near future.....traffic will not get worse liao.....
Hehe.Originally Posted by solsys
Monitoring closely how URA, LTA, HDB etc "co-ordinate" at other parts of SG that will replicate here.
Now got the The Nautical - cruise like design, dun miss it.
Same thinking. Building another road linking to the Hub and especially the bridge across the reservoir. They are not using the existing Yishun Ave 1.Originally Posted by solsys
I think you will get your wish to buy a few units eventually.Originally Posted by Eastboy
But isn't it contradicting? Petitioning against something that will benefit prices in your area? The MMs are the ones pushing the prices up in TK, which is the reason why I think it will tank the fastest because of its weak supporting fundamentals.
Anywhr in this small little dot is goodie good
Even geylang ppty appreciated since lows of 2005
BR selling at $1350psf
Hillier at $1150psf avg
Yishun Res. integrated bus hub will not come cheap. With all facilities available, hospital, future developments, can easily reach $1300 - $1400.
Still waiting for govt to release the site for redevelopment. Suppose this month.
if Yishun reaches 1.3k-1.4kpsf next year ... CM6 sure comes
Ride at your own risk !!!
If CM6 comes becoz of Yishun reaches that price, then every1 will be hit. No place to hide liao.Originally Posted by phantom_opera
Consider BR & Yishun the same under CM5. If it goes above that, then CM6 will come. Centro in AMK few mrt stops away now transacted at $1550psf.
I think JDL investors or the Bt Panjang investors will be clapping hands first.Originally Posted by Pro888
BR situated in saturated town with lots of old landed houses and matured HDBs, literally there are spare cash to punt on BR. That is why developer willing to pay high for the land.
Hillier under FEO nvr comes cheap.
Woo.... so aggressive, i'm more conservative, looking at S$1.2k - S$1.3psf for Yishun Hub condo. Having said that, Yishun is indeed a matured town with a new hospital, rejuvenated hub, interchange as well.Originally Posted by Pro888
Many big players are saving there bullets for this one. Not me aggressive, developers are. Agents are also saying it is between what you hv indicated.Originally Posted by solsys
still no news for the Yishun hub tender activity? shops already closed for months already
Have spoken to the MP and they are also pushing for it. They already feedback to the relevant authority.Originally Posted by xemz127
It is long overdue. It will take 6 mths to launch and 4 yrs to build.
Probably wait for FEO to sell their WT then come here to bid high high.
This is a prime land in Yishun. If i am selling something, i must wait for those BB when they are less committed. Surely you will sell many JV tied up with mall operator.
haha the URA can always set a "guideline" for the bidders lah... set high high and "no money no talk"!!
Great minds think alike.Originally Posted by Pro888
If not that I'm vested in WT, this yishun hub shall be my target.
have to see how's the design of yishun hub first.. if FEO got it.. it will definitely market it similar like WT.. there's one yishun pond just right behind.. with combination with current northpoint, very likely will be another tampines central..Originally Posted by Xan
Just to shareOriginally Posted by xemz127
Bedok Res - Land size 24900 sq m, land price $789 mil
Punggol WT - Land size 30000 sq m, land price $1021 mil
Bukit Panjang - Land size 18954 sq m , land price $493 mil
Yishun Hub - Land size 40000 sq m, the largest plot among the 4. Who has the resources & experience???
Land price estimated $1100 mil above. Total units about 1050 - 1200 units. Sure will have many MMs.
it's really huge land to be developed! thanks for sharing! Yishun hub will help to kickstart the transformation or northern SG which always branded as ulu place by general public..Originally Posted by Pro888
I think fraser n FEO might JV to share this fat meat! Northpoint belongs to fraser so no way they wana give up this!
With so many PC (northern & southern fringe of Yishun), EC and BTO coming up, the demand for 2nd mall is not an issue.Originally Posted by xemz127
The JV expected to be the same as WT & Tenah Merah site since they are so happy with the WT receptions. Tenah Merah should be another hot site. No prob selling, so they will continue their JV with gd returns & lesser risk.