Originally Posted by wind30
How to survive in Jurong? I am not sure, there are at least 3m people in Singapore living outside CCR. Btw, you got no kids?
Originally Posted by wind30
How to survive in Jurong? I am not sure, there are at least 3m people in Singapore living outside CCR. Btw, you got no kids?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Think either cannot survive in Jurong or must change to low quality cheapskate food & materials
Originally Posted by oops
Locals mostly don't want to live in Jurong, mostly lower class ah tiongs & ah nehs living there!
Originally Posted by wind30
Originally Posted by felicia_sg
Yes and no.
1) Yes, I think everyone in Jurong would like to live in Nassim Road, thats for sure.
2) No, because around 40% of people living in Jurong are living in 5rm HDB flat. Pretty high in terms of % compare to other township.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Most of the food that you eat in the restaurant are coming from Jurong area. Including those serve in Michelin Star restaurant.Originally Posted by felicia_sg
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
When Westgate open in Dec 2013, it will transform JLD into a mega retail hub that will be the biggest outside Orchard, and this should attract shoppers from within 10km radius.
And this will follow by the opening of Big Box in July 2014. And further 5 to 10 years down the road we will see another 2 mega malls (site opposite J Cube)
Mr Lim Tien Chun, Managing Director, Isetan (Singapore), said, "Isetan Singapore is looking forward to the opening of our store at Westgate - our sixth in Singapore. It will be our first store in the west of Singapore and also our first Japanese-style supermarket outside Orchard Road. The store will reflect Isetan's vision of Value and Quality and our customers can expect Excitement and Originality when they shop at Isetan Jurong East."
Food Republic will introduce a new thematic concept at Westgate, while Paradise Dynasty will expand its popular xiao long bao concept at ION Orchard to Westgate. Café Crema will operate its second store at Westgate while the mall will also see a new entrant on the F&B scene, Steak & Seafood Robatayaki Buffet.
Yamaha will operate a music school at Westgate for aspiring musicians. Yamaha Music (Asia) Pte Ltd said, "Since Yamaha's formation in Singapore in 1966, Yamaha has been the leading provider of music education and quality instruments to the local community. Yamaha Music (Asia) is proud to extend its reach to the residents in Jurong East with its new branch in Westgate. With the mall's central location plus accessibility via Jurong East MRT interchange, Yamaha is confident that this branch will effectively impart to the community the benefits of the Yamaha Music Education System with music courses for two year olds to popular music courses for all ages. The new branch will also feature a wide range of instruments, from our well known acoustic pianos, to our widely popular acoustic guitars and electronic drums."
The Courtyard - An alfresco shopping and dining zone
Tapping on the growing popularity of alfresco spaces, Westgate will feature a naturally ventilated area called The Courtyard. This low-rise block from Level 1 to Level 4 faces the Jurong East MRT station and will comprise F&B outlets (many with outdoor refreshment areas) and retail stores. This will be linked to the main retail podium by an inner street and bridges.
The Courtyard will house an intimate semi-outdoor pedestrian street, recreating the ambience of a vibrant shopping street. The area will feature lush landscaping with planting and water features, taking reference from the mangroves and rivers that were in Jurong. The Courtyard will be protected from the elements with a glazed canopy that lets in natural daylight. Ambient temperatures will be kept cool with mechanical means such as jet blowers and air diffusers, and water features with pre-cooled water.
Retailers at The Courtyard include Paul Bakery, Café Crema and Japanese ramen restaurant Menya Musashi.
Themed playground to delight children of all ages
Located at Level 4 will be a one-of-a-kind thematic playground, set to delight children of all ages. The specially customised play area is designed by a US theme park designer whose previous work includes attractions at Universal Studios and Disneyland.
The playground will have different zones to cater to children of varying age groups. It includes a tree top adventure play area within a giant tree trunk with interactive panels, tunnels and bridges. There is also a giant flower pot, which children can scale, and a splash area.
Ms Wee Su Lin, General Manager of Westgate, said, "Westgate will be the catalyst for the transformation of the Jurong Lake District into a key regional hub, the largest outside the Central Business District. We are excited to bring retailers such as Paul Bakery and Isetan Supermarket to Singapore's West with their first stores outside Singapore's downtown core."
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
I believe this is the biggest hype of all time in Singapore. Will know by 2017 or so.............
Originally Posted by Ringo33
can't see big names branded watches outlet at JEM. i do know orchard and city area have plenty.
JE had different group of buyers. maybe have to bring in china and india brands.
you mean those whistle and bells where people buy to hang around their neck and xmas tress? Or do you mean Orchard KTV and Orchard Tower?Originally Posted by sunrise
Actually there a many well known brands which belongs to Indians and Chinese. Perhaps you are too shallow to even realize that.
Glad the west region is lack of people like you. Sunrise? perhaps you are coming from the east, I mean FAR FAR east
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
No really, I think the biggest hype or should I say myth is that all CCR are properties are prime.Originally Posted by felicia_sg
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Will paying $1600psf for a jurong pty turn district 22 into district 9? Telling ppl u live in district 9 or 10 sounds a million times better than telling ppl u live in district 22. You can justify your location with JLD till the cows come home but when people look for prime location, jurong will never be in it.Originally Posted by Ringo33
PROPERTY investors in Singapore are starting to feel the squeeze as rental**yields for investment homes sag across all segments of the market.This is due to fewer leasing transactions taking place and rents flatlining even as home prices continue to rise, property consultants said.Information compiled by Colliers International for The Straits Times showed*that net yields of non-landed private homes have been declining since 2008, and*are now at 3 per cent or below as of the second quarter of this year.Net yields are calculated by deducting service charges and property taxes*from the annual gross rent, which is then divided by the property's purchase*price.Homes in the suburban areas, where prices have proved stubbornly resilient in*recent years, saw the largest dip in rental yields, from 4.1 per cent in 2008 to* 3 per cent now, Colliers said.*Yields on the city fringe fell to 3 per cent, from 3.6 per cent in 2008,*while yields for centrally located homes slipped from 3.3 per cent to 2.7 per*cent in the period."The downward movement in yields in the last five years can be attributed to*price appreciation in the residential market," said Colliers director of*research and advisory Chia Siew Chuin."Rents have increased in a moderate manner, while prices continued to*increase at a faster clip to reach a record high in the second quarter of this*year, based on the recent flash estimates."While home prices are now partly supported by home buyers' "aspirations" to*own an investment property, leasing interest is generally more grounded on*fundamentals, said Mr Ong Kah Seng, director of R'ST Research.Tenants prefer "cost-effective, practical choices amid the ample new housing*completions, and many expatriates have limited or no housing allowances", he*said."This accounts for a generally stagnant, or slightly dipping yield*situation."A more in-depth look at rental yields by the Singapore Real Estate Exchange*(SRX) also found that most areas across the island are offering lower rental*yields for non-landed private homes now than last year.Of the 34 planning areas in Singapore that had more than 30 rental*transactions in the first half of this year, 32 areas posted lower yields, said*SRX. Singapore has 55 urban planning areas in all.The only two areas that recorded higher yields were the downtown core around*the Central Business District, and Outram. In fact, investors in Outram scored*the highest yields in the country, at 4.6 per cent, SRX said.At the other end of the spectrum, Sentosa Cove and the Southern Islands had*the lowest rental yield in the first half of this year at only 1.7 per cent,*followed by Newton's 2.2 per cent and Orchard's 2.6 per cent.Overall, rental yields for the island dipped to 3.9 per cent in the first*half of this year, from 4.2 per cent last year and 4.4 per cent in 2011, SRX*added.Over the next 12 months, consultants expect rental yields to stay flat or*even decrease. While prices are not likely to keep soaring, a slew of new homes will be completed soon, putting downward pressure on rents.Colliers' Ms Chia said housing prices "are not expected to increase much*further in the next 12 months", as buying interest - especially from investors -* wanes amid the spectre of rising interest rates and recent loan caps introduced* by the central bank."However, rents might slowly correct and ease downwards as there is a*significant amount of new completions, bringing more supply into the market,"*she added. Some 32,700 units are expected to be completed between now and the*end of next year."Generally, yields are not expected to increase in the next 12 months, and*might experience a mild compression," Ms Chia said.Still, net yields of 3 per cent for investment homes are not far below*historical trends, and investment activity is likely to continue as Singapore*offers a "safe haven" to park excess funds, she said."Whether yield numbers increase, stagnate or dip, it will not deter many*intent and 'aspirational' investors, unless yields consistently drastically dip*across the board," added R'ST's Mr Ong.Cr
Peeps no need to rundown JLD, look at the plans for JLD, the western region you know today will be transformed, no point making armchair comments and miss out, yes for living East is definitely better, but for rental opportunities the West will take the cake. I live in East but have invested in the West the moment I got wind of the magnitude of JLD.
I believe you are doing a cut and paste of somebody's work. Please at least quote your source or you might be sued for plagiarism.Originally Posted by Regulators
$1600psf is nothing compare to CCR property. So there is definitely huge capital gain potential. $2000psf for J Gateway? I can definitely see that happening.Originally Posted by Regulators
J Gateway $1700psf,
Echelon $2500psf,
Up @ Robertson $2900psf
Scotts Tower $3500psf,
One Marina $4000psf??
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Thanks for reaffirming my believe that D22 property will chiongOriginally Posted by Regulators
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Ya man jurong jurong...song song gao jurong
Ya man jurong jurong...song song gao jurong
In you haste to justify the Jurong $1,700, you have totally skewed the numbers above.Originally Posted by Ringo33
For Jurong to be $1,700, Clementi has to be $1,900, Bouna Vista will then be $2,100, Queenstown $2,300 and Redhill about $2,600 (that you are correct), Lower Delta will then be $$2,800 and Kim Seng Road FH will then be $3,400, River Valley FH will then hit $$3,800 and UP 99LH will be $3,500, Scotts Tower will then be $4,500.
Once you see these prices along the way, then YES! Jurong will be worth $1,700.
But until then, if you see anything below the prices I put up above, go grab a FH unit below these prices - confirm will gain big time once somebody's Jurong unit hit $1,700.
But most importantly, earn more earn less, everyone in this Forum HUAT !
For those who MTB-ed, the above is probably one of the best guide Office Boy has derived based on the help of our Jurong friends.
DKSG
Somehow I believe $2000 psf is very possible for JLD within 3 years as long as absolute quantum is below $1.6million .....We shall see......Originally Posted by Ringo33
I can see that some forumers are calling ppl fool investing in JLD or west region, and even discriminating against them of being lower class staying in Jurong...this is a no no comment. You can keep it and with such comment only make yourselves even lower class than what you think you are. Where u stay don't make up what u are, this is a simple statement which I don't think need any explanation. What u think and say will make up how we look at u. Even if u stay in orchard road or wherever, ppl will not give a damn. Sorry for being rude....
So you believe Clementi will hit $2,100 in the near future ?Originally Posted by Pikachu1245
If we have many of these people who believe it, then what are we waiting for ! Anything that is less than $2,200 psf for FH River Valley now it a confirm must buy, die die must buy lo !
DKSG
Why do you think Trilinq is still not sold out or lack of interest?
Do you know the traffic in clement before you have such a impression that it will definitely surpass JLD? Because it is nearer to holland v? Or because it is nearer to 1 north or Orchard Rd??
Originally Posted by DKSG
These are number based on ACTUAL URA transacted price, except for Marina One, which will be launch later this years. So I am really puzzled as to why you choose to ignore this fact.Originally Posted by DKSG
J Gateway $1700psf,
Echelon $2500psf,
Up @ Robertson $2900psf
Scotts Tower $3500psf,
One Marina $4000psf??
As far as clementi is concern, FEO Seahill near clementi already hit $1911psf.
I think your argument here is based on your personal selfish and flawed believe that Jurong property, despite massive government effort and on going plan to turn it into the largest commercial hub ourside CBD, must remain cheapest in the market.
You can continue to believe what you choose to believe, but you have no right to stop others from thinking differently.
Anyway, facts are there for us to see, transaction prices are recorded. if ou think otherwise bring out some statistic to show the rental and capital gain for property around JLD are lagging behind national average.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Property owners and investors would surely like to see prices to go north. Huat Ah wherever you are vested. MTB is the worst now. To go in or continue to stay on the sideline and wait for correction.
.Originally Posted by DKSG
At this moment, The sail mm transact at 2kpsf. Jurong mm transact at 1650psf..
About 250psf difference only.
Good luck to those who are willing to buy over jurong mm at 2kpsf in near future. (Still not sure got such pple or not) anyway, I wish them well.
Bro, if I were u, I don't even bother to explain to them so much. Enough said.
And because of this, it makes me want to re-look at completed CCR projects again especially those with price near to jurong.
Thanks to JLD.
Things are always not so simple especially comes to investment. Doesn't mean u have money u will make good investment...why don't u ask those who buy seahill, u what's the transacted price now??....if u ask me, personally, I will go for sail also.
So, is it that simple?? The answer is not...
Originally Posted by Xan
No need to look at CCR, if u still have strong belief in CCR, go for city fringe, it will make good investment value I think....
JLD, JLD or even in district 22. Why is it so HOT?? U visited Caspian when they launch at those recession period? U seen Lakefront? And now J Gateway. It is all demand and supply. Supply and govt investment are simply overwhelming factors than anything else! My personal opinion. In the next 6 mth, another project is again from MCL I think. But if you go east or north east, do u know how many projects are there and upcoming??
Originally Posted by Xan
Originally Posted by Xan
The last I check the sail 1 bedder was selling at 2900psf and marina residence above 3000.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."