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Thread: Skies Miltonia @ Miltonia Close- 99 Years By TG Development

  1. #211
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    I think price to come down seen unlikely cos will affect the project value in a long run. But i think developer might give in more discount and hit certain % sold and slow reduce discount bit by bit to bring back the confidence of home buyer

    Quote Originally Posted by Komo
    so can expect price to come down or higher discount?

  2. #212
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    It will be unfair for those who actually bought it if developer give discount right away. Need time to digest (2 mths for developers to react, 6 mths for buyers)

    Most affected will be RCR.

    EC will be benefited from this.

  3. #213
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    Dun forget. No competition for the next 1 year at least. Developer has the time to adjust & sell.

  4. #214
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    Cool

    Have there been historical precedents in SG where developers had lowered actual prices instead of giving out furniture voucher? And on these furniture vouchers, what are the restrictions conditions typically?

  5. #215
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    Quote Originally Posted by Kanarazu
    Have there been historical precedents in SG where developers had lowered actual prices instead of giving out furniture voucher? And on these furniture vouchers, what are the restrictions conditions typically?
    Noticed show flat quiet...any updates?

  6. #216
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    Couldn't think of 1. Unless econ. crisis. The price will still rise in the long run. CM meant to control run away prices.

  7. #217
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    Quote Originally Posted by Noexit
    Hee i think not to worry, the effective date come into force as per 6 Oct 2012 and i rem there a small clauese stated that OTP sign on or after will be hit by the new ruling. So those who bought a day earlier still safe.
    People who bought hoping to flipped in few years may think twice

    Furthermore prices is comparing to rental yield around the area

    But is a good place if for self stay

  8. #218
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    Quote Originally Posted by Kanarazu
    Have there been historical precedents in SG where developers had lowered actual prices instead of giving out furniture voucher? And on these furniture vouchers, what are the restrictions conditions typically?
    Got ! Lehman brothers time, early 2009, project liked Caspian 6xx psf selling liked hot cakes! The Quartz also!

  9. #219
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    Quote Originally Posted by Pro888
    Dun forget. No competition for the next 1 year at least. Developer has the time to adjust & sell.
    Competition is relative, if you ask I'd ther are new condo to be developed along same stretch..maybe not for next couple of sales and MR is sold out.

    If it is about rental yield, dun forget there are plenty options
    Yishun HDB, Fernvale, Sengkang, Sembawang and AMK
    Estuary, 8 courtyard, orchid condo, h2o, Greenwich etc

    Also dun forget the disposable income of FT are now lower, and numbers of FTs will be reduced significantly

  10. #220
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    that's why those who bought at $7xx should hold tight tight. will turn out to be the best investment. for rental can undercut everyone else

  11. #221
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    In a nutshell:
    • Loan tenure max is 35 years
    • If take up loan tenure > 30 years or beyond the retirement age of 65 years old, the 1st property loan is cap at 60% and 40% for those with existing mortgage loan.
    • If loan tenure selected is 30 years or less, existing regulations apply (i.e. loan up to 80% <no outstanding mortgage loan> and 60% <existing mortgage loan>
    • If father and son joint-purchase, banks will take the older age as guide. NO more average age will be used.
    • Applicable to Residential only (apply to both private properties and HDB flats)
    • For non-indivdual borrowers, loan will be reduce from existing 50% to 40%

    For the full details, please visit the MAS website :
    http://www.mas.gov.sg/en/News-and-Publications/Press-Releases/2012/MAS-Restricts-Loan-Tenure-for-Residential-Properties.aspx

    Is govt telling to sent a strong massage for ppls to invest in something else like commicial building? Oops

  12. #222
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    where did u get the average age for joint purchase bit from?

  13. #223
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    Skies@Miltonia sounds better.

  14. #224
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    no field reports eh? everyone staying at home to reassess their situation.

  15. #225
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    Quote Originally Posted by kane
    no field reports eh? everyone staying at home to reassess their situation.
    Just saw Channel 8 news. 60% sold.

  16. #226
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    Quote Originally Posted by Pro888
    Just saw Channel 8 news. 60% sold.
    More than 250 units sold in Day 1 and Day 2 kenna CM

  17. #227
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    Quote Originally Posted by Pro888
    Just saw Channel 8 news. 60% sold.
    i wonder then what was the percentage sold before yesterday's CM.

  18. #228
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    Did not know the developer was my old classmate. Just saw him on the TV. Too bad cannot buy with the new CM.
    Quote Originally Posted by Pro888
    Just saw Channel 8 news. 60% sold.

  19. #229
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    Quote Originally Posted by DC33_2008
    Did not know the developer was my old classmate. Just saw him on the TV. Too bad cannot buy with the new CM.
    Didn't know you are so senior, i will pay more attention in class now.

  20. #230
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    Are these people who bought today and tomorrow subject to new CM?

  21. #231
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    Quote Originally Posted by DC33_2008
    Did not know the developer was my old classmate. Just saw him on the TV. Too bad cannot buy with the new CM.
    So successful.

    If not for the CM, will see hitting at least 80% sales tgt over the weekends.

  22. #232
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    He may look old but he is not that old. Will see if he is on u channel at 11pm.
    Quote Originally Posted by condolisa
    Didn't know you are so senior, i will pay more attention in class now.

  23. #233
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    Quote Originally Posted by condolisa
    Are these people who bought today and tomorrow subject to new CM?
    If i am not wrong, 60% sold was yesterday. Not subjected to the latest CM.

  24. #234
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    The 60% sold refer to phase one or the overall project units? so misleading !

    Quote Originally Posted by Pro888
    If i am not wrong, 60% sold was yesterday. Not subjected to the latest CM.

  25. #235
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    what i heard was 70% sold and all units are launched at the same time. Was there as Friday late afternoon. It was raining quite heavily but the showroom was quite crowded (surprise!). Looking at the number of units cross out, i wont be surprise that it is 70% sold.

  26. #236
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    Quote Originally Posted by Noexit
    The 60% sold refer to phase one or the overall project units? so misleading !
    I think is overall. The news pretty short. Just mentioned 60%

  27. #237
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    Quote Originally Posted by streamium70
    what i heard was 70% sold and all units are launched at the same time. Was there as Friday late afternoon. It was raining quite heavily but the showroom was quite crowded (surprise!). Looking at the number of units cross out, i wont be surprise that it is 70% sold.
    Or the news was recorded much earlier ?

  28. #238
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    Wow sold or block up hahaha have not less those return units yet! Some buyer might be panic and bought at such a rush and when they got hm regeated and drop their option.

    Quote Originally Posted by streamium70
    what i heard was 70% sold and all units are launched at the same time. Was there as Friday late afternoon. It was raining quite heavily but the showroom was quite crowded (surprise!). Looking at the number of units cross out, i wont be surprise that it is 70% sold.

  29. #239
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    More than 60% sold. Here is the news link

    http://news.xin.msn.com/en/singapore...94minute-deals

  30. #240
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    But not everyone is affected.

    Madam Soh Hwee Gin, who is currently servicing one home loan, said: "We are not risk—takers, so for us we have parked aside much more funds."


    There are many many cash rich Singaporeans around!

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