Urban Vista by Fragrance

[phantom_opera]

FG Land is like no frills brand ... even the advertisement also 'no frills' compared to D'Nest and Eco

Hourly rate condo?? New option lol

[thomastansb]

Let's assume 3k rental and a realistic 650k price. No point getting the cheapest unit which will not be available to public.

That works out to 5.5% yield. Not so bad. Can buy. The downside is you have to wait 3-4 years for that 5.5%.

why get 4.3% when u can get 6.5% at uv?

[thomastansb]

I agree with you. I will probably use 3k rental and 650k purchase price.

I had based on 550k instead of 500k and also use lower end 2k rental.

2.5k for 500k fetch 6%.

U are using 3.2k for 590k. I would thought average is 650k. UV size is smaller than optima studio. Wouldn't 3.2k abit too optismistic?

[Leo.Cheng]

most likely another 100% sold project by next Friday JMHO

[azeoprop]

Still dreaming of my 388k 1 bedder....haa haa haa....

[rattydrama]

Let's assume 3k rental and a realistic 650k price. No point getting the cheapest unit which will not be available to public.

That works out to 5.5% yield. Not so bad. Can buy. The downside is you have to wait 3-4 years for that 5.5%.

Fragrance is famous of building fast, I am not surprised if they complete this project within 24 months. I am sure buyers are aware of this.

[Pro888]

most likely another 100% sold project by next Friday JMHO

100% will not. A large gp, the rich old ones are on the sideline. Look who are buying of late.

[price]

Fragrance is famous of building fast, I am not surprised if they complete this project within 24 months. I am sure buyers are aware of this.

Yes looking at Parc rosewood and East Village progress, uv should take 2 years

[mcmlxxvi]

my sharing on this project.

horrid finishing. even with wcl involved made absolutely no diff.

ac ledge really huge for some layouts.

bathroom now marble tiles. improvement.

window frames now black instead of their usual white. easier to maintain.

loft surface laminates very fragile. beware.

avg 1400psf for 2bed. close to 1500 for 1bed.

for yield n cap gain potential - yes.
for own stay - no.

[East Lover]

MM king, very sharp observation indeed.
So still have up side for 1 bedder at 1500?

my sharing on this project.

horrid finishing. even with wcl involved made absolutely no diff.

ac ledge really huge for some layouts.

bathroom now marble tiles. improvement.

window frames now black instead of their usual white. easier to maintain.

loft surface laminates very fragile. beware.

avg 1400psf for 2bed. close to 1500 for 1bed.

for yield n cap gain potential - yes.
for own stay - no.

[DKSG]

MM king, very sharp observation indeed.
So still have up side for 1 bedder at 1500?

Just ask yourself if you can imagine Tenah Merah studio going for $1,850 3-4 years from now ?

For me, I can even squeeze out any imagination that this will happen...

DKSG

[thomastansb]

ECO already $1,750 psf. Nowadays, people look at quantum. We are seeing psf closer to 2k but quantum is < 1M so to some people, still cheap.

Just ask yourself if you can imagine Tenah Merah studio going for $1,850 3-4 years from now ?

For me, I can even squeeze out any imagination that this will happen...

DKSG

[DKSG]

ECO already $1,750 psf. Nowadays, people look at quantum. We are seeing psf closer to 2k but quantum is < 1M so to some people, still cheap.

If you can see the $1,850, I think should buy !

DKSG

[East Lover]

If you can see the $1,850, I think should buy !

DKSG

Studio is 431 sqft, x 1,850 = 797k.

In 2-3 years time, 800k studio is possible right? Optima also sold that price now...

[mcmlxxvi]

hmmm sis el, upside is definitely. frm the following.

mall
sutd
more bank backoffice moving to cbp

for rental, not to worry.
uv will set price base for mm in the tm area. optima too few one bedders to effect the mkt benchmark.

[Rosy]

Any upside may be eroded by 10+3% stamp duties and 1-2% agent fees.

u can only sell after 4years to avoid SSD. FD 1% per annum. U must be able to sell 18-19% higher 4years later inorder to breakeven ignoring rental yield and interest rate movement.

It benefits the first time buyers. Just need 8% to breakeven.

[mcmlxxvi]

first timer can play short term.

others best to play longer than 10yrs.

[DKSG]

Any upside may be eroded by 10+3% stamp duties and 1-2% agent fees.

u can only sell after 4years to avoid SSD. FD 1% per annum. U must be able to sell 18-19% higher 4years later inorder to breakeven ignoring rental yield and interest rate movement.

It benefits the first time buyers. Just need 8% to breakeven.

A new kinda buying trend is slowly forming.
I hesitate to post here because I suspect ST people have been digging info out of our FOC and social discussions.

Will post when in the future when it is more commonly known. Hahahaa!

Are we able to identify ST reporters in this forum ?

DKSG

[Kenshinto80]

A new kinda buying trend is slowly forming.
I hesitate to post here because I suspect ST people have been digging info out of our FOC and social discussions.

Will post when in the future when it is more commonly known. Hahahaa!

Are we able to identify ST reporters in this forum ?

DKSG

What kind of new trend? You should post it immediately, if it gets published in the papers tomorrow, then confirm there are ST agents spying on this forum....

[DC33_2008]

ECO already so high? Sure?

ECO already $1,750 psf. Nowadays, people look at quantum. We are seeing psf closer to 2k but quantum is < 1M so to some people, still cheap.

[yowetan]

The new trend is to praying for a crash; a crash is imminent and I am hoping for fire sales soon.

[mygeemeel]

The new trend is to praying for a crash; a crash is imminent and I am hoping for fire sales soon.

I see you no up. You have no money to buy even though crash.

[kane]

A new kinda buying trend is slowly forming.
I hesitate to post here because I suspect ST people have been digging info out of our FOC and social discussions.

Will post when in the future when it is more commonly known. Hahahaa!

Are we able to identify ST reporters in this forum ?

DKSG

and you may get cited in their articles as the "subject matter expert from the internet".

[GSLJ]

Today visited this project and saw quite a big crowd.

Agent told me launch was on friday and have sold around 200+ units, price range 1300-1600 psf.

1/2/3 bedder show flats for viewing, layout not very nice and interior furnishings so so.

Location is great, Mrt beside with future shopping center. One stop to either Bedok center or Expo and few more to airport.

[kane]

optima and casa merah owners must be happy like bird. 1300psf-1400psf for suburbia seems to be gaining some acceptance.

[bargain hunter]

are all the units released today? if they are, 200+ will be quite disappointing.

Today visited this project and saw quite a big crowd.

Agent told me launch was on friday and have sold around 200+ units, price range 1300-1600 psf.

1/2/3 bedder show flats for viewing, layout not very nice and interior furnishings so so.

Location is great, Mrt beside with future shopping center. One stop to either Bedok center or Expo and few more to airport.

[kane]

Considering that theu even manage to move the units at prices that could get yoi city fringe. I am surprised at the interest.

[august]

Considering that theu even manage to move the units at prices that could get yoi city fringe. I am surprised at the interest.

dont be fooled, they are playing with the quantum.

[kane]

dont be fooled, they are playing with the quantum.

Another one of those eh? Heard a friend bought a 900+sqft unit. Is that a 2 or 3 bed?

[mcmlxxvi]

As of sat afternoon