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Thread: Impact of MCE on D15

  1. #26
    the wannabe guru

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    Quote Originally Posted by minority View Post
    i will say tan jong rhu area $$$ potential very good.
    Tanjong Rhu good? sorry i think meyer beats it. Freehold, more atas. Tanjong rhu is good, but cannot compete with meyer in terms of class. Besides, meyer is way more convenient. Easy access to fort road on one side and tanjong katong road south on the other side, and easy access to mountbatten road and nicoll highway. Tanjong rhu, depending on where you are, can be rather inaccessible - u have to drive all the way out to fort road before being free to go anywhere further. Public transport wise, both are bad, but at least with meyer u get the choice to walk to mountbatten road (which is not more than 10min walk away) to take a bus. In tanjong Rhu? I think theres only 1 very very infrequent bus thats services it!!

    The discrepancy in prices tell the whole story. Meyer prices have been way higher than Tanjong rhu for as long as I know. Recent launches have been arounf the 2000psf mark. Fort road launches too, like The Line and Fulcrum, have been >2000psf. Tanjong rhu havent had new launches in the recent past, but currently the old projects in there are selling at about 1300-1600psf if im not wrong.

    Sure proximity to the city wise, tanjong rhu is geographically closer, but think about the fact that u have drive all the way out to fort road first before heading anywhere else zzzzz.

    Conclusion: meyer > tanjong rhu.
    - Freehold vs leasehold (except one proj i think)
    - convenience wise, meyer can take bus if u walk ~10min to mountbatten road vs tanjong rhu which has 1 infrequent bus service
    - atas vs less atas
    - distance to city: TR beats meyer, but one still has to exit via fort road anyway.

    "I live along meyer road" sounds better than "I live in tanjong rhu"
    I've had enough. I'm done!!!

  2. #27
    the wannabe guru

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    Quote Originally Posted by zeamybro View Post
    I have been waiting for this pedestarian bridge to materialize for ages.... will it finally happen this time? It will be wonderful if we can walk from Tanjong Rhu to Flyer/Suntec...

    Agree that should this walkway/bridge materialise, allowing ppl to walk from TR to flyer/suntec, it would be amazing for those living in costa rhu or the other nearby projects like pebble bay etc.

    As for benjamin sheares bridge, I dont think the gov will tear it down or demolish it ro whatever. It an iconic bridge that may still serve a purpose in the future (who knows?) and building it tooks YEARS. I dont think they will tear it down just for the sake of using the space there. Just my opinion!
    I've had enough. I'm done!!!

  3. #28
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    Quote Originally Posted by eng81157 View Post
    erm, in the first place, D15 never had poor access to the CBD or West.

    i believe this is part of a bigger plan to rejuvenate the Kallang area and redevelop Marina South/Sheares bridge. From hearsays, there are rumors that the bridge will be gone.
    Whats your logic behind tearing sheares bridge down and then replace with what?
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  4. #29
    Mercedes Lover

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    Hi clemdale

    Yeps, I agree that Meyer is more atas. In fact, I have vested interested in both areas, but I thought i would like to defend Tj Rhu a little this evening, hope you dont mind.

    Tanjong Rhu has always been very popular with expats for rental. Projects like Sanctuary Green and WaterPlace are constantly fetching much better rental rates than projects of similar age at Meyer like Makena and Atria @ Meyer ($42 psm vs $32 psm). Reason being its more accessible to amenities with walking distance (~10min) to Stadium MRT and Kallang Leisure Park where u get the supermarket, restaurants, cinemas etc. The tenants are also attracted to the tranquil environment with very spacious parks by the water basin, and more recently the Gardens By the Bay East. Its pretty much a lifestyle thingie staying at Tj Rhu.

    On the other hand, I agree Meyer, being near to the landed properties, give me a much more atas and high class feel. As I drive, I really appreciate the convenience as i get to hit the highway pretty fast and could reach suntec city in less than 10 min. Tj Rhu, on the other hand, is a pain to drive all the way in/out. But once the stadium is completed, it will be a breeze for the residents there to travel to town via Stadium Road/Nicoll Highway.

    As for the prices, Meyer has newer projects like Seafront, Belvedere and Meyerise whereas Tj Rhu does not have any new projects for an apple to apple comparison. The newer projects at Meyer are really fetching at very good prices, and i wonder how would a new project (if any) at Tj Rhu be priced at? But if you were to compare the older projects of similar age, you will be surprised to find that most Tj Rhu projects (despite being LH) are transacting at almost similar psfs, if not better, than those FH projects at Meyer.


    (1998, FH)
    THE MAKENA 1,500,000 1,152 1,302 Sep-13
    THE MAKENA 2,500,000 1,744 1,434 Sep-13
    THE MAKENA 1,450,000 1,152 1,259 Aug-13
    THE MAKENA 1,338,000 926 1,445 Aug-13
    THE MAKENA 1,921,000 1,507 1,275 Jul-13

    (1996 FH)

    THE ATRIA AT MEYER 1,450,000 1,044 1,389 Sep-13
    THE ATRIA AT MEYER 4,600,000 3,261 1,410 Aug-13
    THE ATRIA AT MEYER 1,880,000 1,346 1,397 Apr-13
    THE ATRIA AT MEYER 2,050,000 1,475 1,390 Mar-13

    (1998 LH)
    WATER PLACE 1,290,000 904 1,427 Sep-13
    WATER PLACE 1,600,000 1,227 1,304 Sep-13
    WATER PLACE 1,690,000 1,227 1,377 Jun-13
    WATER PLACE 1,770,000 1,281 1,382 May-13


    (1993 LH)
    PEBBLE BAY 2,820,000 2,336 1,207 Oct-13
    PEBBLE BAY 2,940,000 1,894 1,552 Sep-13
    PEBBLE BAY 4,350,000 2,745 1,585 Sep-13
    PEBBLE BAY 2,500,000 1,894 1,320 Sep-13
    PEBBLE BAY 3,200,000 2,336 1,370 Jun-13


    (1996 LH)
    CAMELOT BY-THE-WATER 4,830,000 3,294 1,466 Aug-13
    CAMELOT BY-THE-WATER 4,688,000 3,035 1,544 Jan-13
    CAMELOT BY-THE-WATER 4,552,500 3,035 1,500 Dec-12

    (1997 LH)

    SANCTUARY GREEN 1,050,000 775 1,355 Oct-13
    SANCTUARY GREEN 1,680,000 1,399 1,201 Oct-13
    SANCTUARY GREEN 1,630,000 1,356 1,202 Oct-13
    SANCTUARY GREEN 1,428,888 1,184 1,207 Oct-13
    SANCTUARY GREEN 1,138,000 850 1,338 Jul-13

  5. #30
    Not Newbie

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    Quote Originally Posted by zeamybro View Post
    Hi clemdale

    Yeps, I agree that Meyer is more atas. In fact, I have vested interested in both areas, but I thought i would like to defend Tj Rhu a little this evening, hope you dont mind.

    Tanjong Rhu has always been very popular with expats for rental. Projects like Sanctuary Green and WaterPlace are constantly fetching much better rental rates than projects of similar age at Meyer like Makena and Atria @ Meyer ($42 psm vs $32 psm). Reason being its more accessible to amenities with walking distance (~10min) to Stadium MRT and Kallang Leisure Park where u get the supermarket, restaurants, cinemas etc. The tenants are also attracted to the tranquil environment with very spacious parks by the water basin, and more recently the Gardens By the Bay East. Its pretty much a lifestyle thingie staying at Tj Rhu.

    On the other hand, I agree Meyer, being near to the landed properties, give me a much more atas and high class feel. As I drive, I really appreciate the convenience as i get to hit the highway pretty fast and could reach suntec city in less than 10 min. Tj Rhu, on the other hand, is a pain to drive all the way in/out. But once the stadium is completed, it will be a breeze for the residents there to travel to town via Stadium Road/Nicoll Highway.

    As for the prices, Meyer has newer projects like Seafront, Belvedere and Meyerise whereas Tj Rhu does not have any new projects for an apple to apple comparison. The newer projects at Meyer are really fetching at very good prices, and i wonder how would a new project (if any) at Tj Rhu be priced at? But if you were to compare the older projects of similar age, you will be surprised to find that most Tj Rhu projects (despite being LH) are transacting at almost similar psfs, if not better, than those FH projects at Meyer.


    (1998, FH)
    THE MAKENA 1,500,000 1,152 1,302 Sep-13
    THE MAKENA 2,500,000 1,744 1,434 Sep-13
    THE MAKENA 1,450,000 1,152 1,259 Aug-13
    THE MAKENA 1,338,000 926 1,445 Aug-13
    THE MAKENA 1,921,000 1,507 1,275 Jul-13

    (1996 FH)

    THE ATRIA AT MEYER 1,450,000 1,044 1,389 Sep-13
    THE ATRIA AT MEYER 4,600,000 3,261 1,410 Aug-13
    THE ATRIA AT MEYER 1,880,000 1,346 1,397 Apr-13
    THE ATRIA AT MEYER 2,050,000 1,475 1,390 Mar-13

    (1998 LH)
    WATER PLACE 1,290,000 904 1,427 Sep-13
    WATER PLACE 1,600,000 1,227 1,304 Sep-13
    WATER PLACE 1,690,000 1,227 1,377 Jun-13
    WATER PLACE 1,770,000 1,281 1,382 May-13


    (1993 LH)
    PEBBLE BAY 2,820,000 2,336 1,207 Oct-13
    PEBBLE BAY 2,940,000 1,894 1,552 Sep-13
    PEBBLE BAY 4,350,000 2,745 1,585 Sep-13
    PEBBLE BAY 2,500,000 1,894 1,320 Sep-13
    PEBBLE BAY 3,200,000 2,336 1,370 Jun-13


    (1996 LH)
    CAMELOT BY-THE-WATER 4,830,000 3,294 1,466 Aug-13
    CAMELOT BY-THE-WATER 4,688,000 3,035 1,544 Jan-13
    CAMELOT BY-THE-WATER 4,552,500 3,035 1,500 Dec-12

    (1997 LH)

    SANCTUARY GREEN 1,050,000 775 1,355 Oct-13
    SANCTUARY GREEN 1,680,000 1,399 1,201 Oct-13
    SANCTUARY GREEN 1,630,000 1,356 1,202 Oct-13
    SANCTUARY GREEN 1,428,888 1,184 1,207 Oct-13
    SANCTUARY GREEN 1,138,000 850 1,338 Jul-13
    Good analysis. In any case, hope both area huat ah! I would chose either of them over Jurong east anytime.

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