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Thread: Parc Vera - New Riverfront Condo @ Hougang - Sim Lian Group

  1. #31
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    Quote Originally Posted by devilplate
    Now the higher the index, the harder for developer to sell...lol
    since harder to get plot ratio. Like mentioned earlier by someone. I did some calculations Sim Lian condos one of the lowest. 3xx square feet / unit. So logically buy 2 bedder for stay for this type is the ideal situation. But again, the psf is priced higher commonly.
    Affordable means small

  2. #32
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    Else be a MM / one-BR buyer.
    Pay the least quantum, least maintenance, but equal rights to the facilities and carpark

    I know of people who buy just because condo is near their home and they get a MM = pseudo country club membership.

  3. #33
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    Quote Originally Posted by yjcai
    omg 780 psf onwards. Will you shout cheap? sim lian now spoil market.
    With such pricing, those who bought their DBSS Centrale in Tampines would roll off their chair and cry foul! Straits Times should report on this.
    Yee ha! Did I tickle your funny bone?


  4. #34
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    Project Name********** **: Parc Vera
    Developer**************** * : Sim Lian
    No of Blocks************ *: 4 Blocks
    No of Storeys ********* *: 17 storeys
    Total no of Units**** : 452 units
    Tenure ********************* : 99 years

    Riverfront condo?? More like longkang!


    From H88 website
    http://www.h88.com.sg/article/Sim+Li...g+land+parcel/

    This 99-year leasehold land parcel in Hougang received a paltry 6 bids. The highest bid for the District 19 site - $160m by Sim Lian Land. That works out to about $340 psf ppr for HDB's 168,240 sqft plot of land.

    The location is nothing to shout about. Nondescript is the word here. No MRT, no town centre, as bland as it can be. At $340psf ppr, it should work out to about $820 to $890 psf when it comes to launch, according to our crystal ball.

    Yee ha! Did I tickle your funny bone?


  5. #35
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    Location cannot make it.... That area used to be 3-room HDB blocks.

  6. #36
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    This land according to old map used to be HDB flats block 12, 13 and 14 before they were torn down by HDB. This is another example of "rejuvenation" I suppose. Replace old HDB flats and sell it to private developers. Well, those who know where Sims Place is and like it's location should rejoice. Residence along the PIE flats have vacated. Same story for Holland Village plot next to Buona Vista swimming pool, and Yishun Cental.

    More on this Hougang plot...
    Good news is you still can walk to Kovan MRT (about 15 min) or take a bus and alight after 2 stops.



    Yee ha! Did I tickle your funny bone?


  7. #37
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    difficult to see the investment potential here..
    but who knows...

  8. #38
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    The area very worn down and industrial leh.... not very attractive. But if 750psf for mid floor can consider haa haa.


  9. #39
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    Quote Originally Posted by azeoprop
    The area very worn down and industrial leh.... not very attractive. But if 750psf for mid floor can consider haa haa.

    Only 2 bus stations away Kovan Residences @ 1.2kpsf Was at showflat in April 2009 about 700+psf for 3br but 2br sold out... should have bought
    Ride at your own risk !!!

  10. #40
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    i was there on Mar 2009, 690psf only. too bad, missed that boat.

  11. #41
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    recv sms from agent, project launching oct. Indicative price $790psf.... seem like OCR mkt starts to cool down.... with sim lian helping to break new low for every new launch nowadays

  12. #42
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    Quote Originally Posted by kale
    recv sms from agent, project launching oct. Indicative price $790psf.... seem like OCR mkt starts to cool down.... with sim lian helping to break new low for every new launch nowadays
    not an accurate statement. Hougang resale not so pricey
    Affordable means small

  13. #43
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    Quote Originally Posted by yjcai
    not an accurate statement. Hougang resale not so pricey
    It means people who have bought the Punggol units are wondering if their units are too expensive.
    Yee ha! Did I tickle your funny bone?


  14. #44
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    Nov 2011 HDB bto will be just beside this site.

    http://www101.hdb.gov.sg/hdbvsf/eamp...Gmap_Nov11.pdf

  15. #45
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    Quote Originally Posted by kale
    recv sms from agent, project launching oct. Indicative price $790psf.... seem like OCR mkt starts to cool down.... with sim lian helping to break new low for every new launch nowadays
    This project location equally bad as 8cy....and 8cy launched 750psf....this one toooooooo exxxxx liao la

    Its feo tat started the new low! 8cy 750psf lowest this yr! Unbeatable yet!

  16. #46
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    Not only that, FEO is two notches above SL in terms of product quality, marketing, reputation etc. FEO seldom betrays investors in a downturn too.
    Ride at your own risk !!!

  17. #47
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    Quote Originally Posted by phantom_opera
    Not only that, FEO is two notches above SL in terms of product quality, marketing, reputation etc. FEO seldom betrays investors in a downturn too.
    FEO just pack their units into the storeroom. only fellow investors in the project or neighbouring project can betray themselves.

  18. #48
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    The best part is that it becomes more pricy.
    Quote Originally Posted by yjcai
    not an accurate statement. Hougang resale not so pricey

  19. #49
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    Latest Site Plan just out. Floorplan available upon request

    http://parcvera-hougangcondo.com/?p=256

  20. #50
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    Looks quite ok standard design, at least not as cramp as ATT or Luxurie.


  21. #51
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    There is a big waterfall from the lap pool. Nice...

    http://www.h88.com.sg/article/Parc+V...on+in+Hougang/

  22. #52
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    Quote Originally Posted by azeoprop
    There is a big waterfall from the lap pool. Nice...

    http://www.h88.com.sg/article/Parc+V...on+in+Hougang/
    did h88 say parc vera in ulu hougang is 980 psf for 2 bedder?
    Affordable means small

  23. #53
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    Quote Originally Posted by yjcai
    did h88 say parc vera in ulu hougang is 980 psf for 2 bedder?
    That's more pricey than treasure Trove. I thought the initial numbers suggested that it will be lower. Maybe there was a good pre-launch response.

  24. #54
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    Beyond 900 psf will be a tough sell at this point in time. There are not many HDB upgraders in that location. Just pay a bit more and you get FH and nearer to the Kovan town center with MRT.

  25. #55
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    Quote Originally Posted by hyenergix
    Beyond 900 psf will be a tough sell at this point in time. There are not many HDB upgraders in that location. Just pay a bit more and you get FH and nearer to the Kovan town center with MRT.
    Which project fh, near kovan mrt selling for slightly more den 900psf?

  26. #56
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    Do you know what is earmared on the other side of the project currently is vacant land?
    Quote Originally Posted by devilplate
    Which project fh, near kovan mrt selling for slightly more den 900psf?

  27. #57
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    Quote Originally Posted by DC33_2008
    Do you know what is earmared on the other side of the project currently is vacant land?
    More BTO

    http://www101.hdb.gov.sg/hdbvsf/eamp...Gmap_Nov11.pdf

  28. #58
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    I meant behind the canal of serangoon reservior. More private development?
    Quote Originally Posted by azeoprop

  29. #59
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    Quote Originally Posted by hyenergix
    Beyond 900 psf will be a tough sell at this point in time. There are not many HDB upgraders in that location. Just pay a bit more and you get FH and nearer to the Kovan town center with MRT.
    What would be your definition of a bit more? Should be 200psf right?

  30. #60
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    Quote Originally Posted by kane
    What would be your definition of a bit more? Should be 200psf right?
    To me abit more means 5-10%....900psf....45-90psf more

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