9 units return in july, 8 units in june. What about august?
9 units return in july, 8 units in june. What about august?
Originally Posted by Ringo33
I find this project's pricing a bit steep especially for the high floor units.
Agt recommended the high floor SOHO. 1BR. Aprox. $750k.
The lower floors of the hill-facing units have somewhat blocked views from the service apt. tower in front. But they were sold between $605-$660k for the lower floors.
Is it justifiable to pay an extra $100k for the above 17storey, hill-facing units? Just to clear the service apt & see the 'hill'? Rental returns will be poor. Not sure about capital appreciation.
IMHO, the $100k extra would be more worthwhile IF we get SEA view instead?
Any comments or advice?
I think seaview would be nicer, but those are west-facing unit right?Originally Posted by coolchoc
In general, ppl into fengshui would usually prefer to "sit on the hill while face the sea". So its better to face the sea with the hill supporting u from behind.
But you are right, rental returns unlikely to be attractive in view of the high quantum.
Originally Posted by zeamybro
Thanks zeamybro.
Yep, thought about the difference in price that we pay between the Sea-Hill views & the fengshui thingie on 背靠青山 面临绿水. But the hill is so tiny I wouldn't mind a cheap low floor unit with the opposite fengshui orientation
Anyway, that's beside the point. What I'm concern is more on the potential investment value of the higher floor units at $100k more expensive than your competitors in the same project.
Parc Imperial seems to be doing very well. Probably there's a mrt station there. Wonder how will the expansion of the NUS & the U-town affect proprties in West Coast?
Sexy ad from FEO on TV now
Ride at your own risk !!!
the serviced apartment units that is in this project are actually part of the ROFR properties that will be injected into Far East Hospitality Trust...if FEO injects this property into their REIT it should give a nice push to valuations of Sea hill units......
Expensive, high maintanence fee, no chance for enbloc and noisy for those sea facing units. If you have confident in that area might as we'll buy vision.
Ya! Now Vision is much cheaper.. And I believe later when comes to TOP.. most sellers will increase their asking price as Seahill still in the construction stage..Originally Posted by Ringo33
And in fact Seahill sellers have to incur additional seller stamp duty.. So not many will sell or they will have to sell at a much higher price.. all these will benefit Vision sellers later
Last edited by Rysk; 03-11-12 at 10:05.
Cluster for 1.2m. Cheap laOriginally Posted by carbuncle
Thanks everyone for the support! Find A Home Loan is Standard Chartered #1 broker in 2013.
Ya.. HH cheap cheap.. Can buy 3 x Bungalow @ SGD.1.6m (below RM4m) each..Originally Posted by newbie11
Bungalow size: land 9000sf, build-in up to 6000sf
SEAHILL WEST COAST CRESCENT Terrace House $4,781,500 3,531 Strata 1,354psf Jan-13
Last edited by Rysk; 06-03-13 at 13:17.
Now even bigger size unit oso broke a "new high" at 1841psf.. matching with Newton One!!!Originally Posted by phantom_opera
SEAHILL WEST COAST CRESCENT Condominium $2,397,900 1,302 Strata 1,841psf Apr-13
Which one will you choose?
SEAHILL WEST COAST CRESCENT Condominium 05 OCR 99 yrs lease commencing from 2011 $1,284,800 689sf 16 to 20 1,865psf Sep-13
THE SAIL @ MARINA BAY MARINA BOULEVARD Apartment 01 CCR 99 yrs lease commencing from 2002 $1,280,000 667sf 11 to 15 1,918psf Sep-13
Location for the sail is better but the condition and unit layout of that place can be a joke. without looking at the condition, it will be hard to say. but i believe for that size seahill is a 2 bedders, while the sail is a one bedder.
If so, in terms of rental, I wont be surprise that seahill might get highe rental.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Thats a 1 bedder SOHO. Not sure, leh. but the interior of Seahill sure is better than the sail.
http://www.fareast.com.sg/images/feo...SOHO/tour.html
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Its SOHO. Type : SHBc1(b3)
http://www.fareast.com.sg/~/media/pr...5%20Aug%202013
They are left with only few units to clear. Should be the more expensive high floor sea facing units.
Floor plan is here
http://www.fareast.com.sg/images/feo...l_SOHO_All.pdf
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
high low doesnt matter.
personally I dont really like the place cause being surrounded by conservation housing services by small road, it will restrict the potential for any plot ratio revision, hence making it very difficult to get en bloc.
Another problem is that not many people are aware there is an apartment right behind those conversation housing, once its out of sight, out of mind.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Just speaking from pure investment point of view this project hasnt been doing very well. I am just curious why so many owners who bought since 1996 are selling at a time when the DT MRT line is completing?
Perhaps place is getting old and cost of maintaining is rising. Could be another case of The Sail where agents are running the show.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
There are quite a few no brainers around who cannot figure that out.
Keep insisting that Jurong MM selling at near the same price (some higher) compared to :
1) The Sail (resale)
2) Bishan MM (new launch)
3) Thomson MM (new launch)
Does not present a no brainer which one to choose and insist most people will still choose Jurong.
We need to re-define no brainer.
DKSG
According to DKSG the value of the sail just got devalued by 10 % or 200psf sinceb2 months ago. It's a no banner that one should avoid listening to this kind of flip flop nonsense.
Instead of crying baby about j gateway don't you think it will make more sense that DKSG should focusing on talking about buyers who pay almost double the value of the sail to buy marina bay residence.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
The Sail was in the paper again. It seems like they having endless list of defects to fix, including structural and design fault.
Maybe CDL very pissed to sell the site for so cheap, thats why they make sure everything in there is cheap. The place is doing down hill, so dont buy just because it is cheap because there is always a reason behind it.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."