Global recession is coming....
Or in another words, to ensure longer-term smooth and sustainable up-trend for next few years? (instead of quick & limited boom due to too short period of digestion followed by panic selling by weak holders & hence quick bust?).
Originally Posted by jwong71
Junior
Buyer will end up paying higher.
Newbie
yup, lower volume but bigger margin.. agents have to work harder.
Junior
Passed by the parc yesterday, and saw a multi-story car park being built. the buyers probably are very disappointed. Every condo nearby has a underground carpark, including the infiniti.
Newbie
is it becos of the ground terrain that the carpark is visible from outside? The ground floors unit of blk 1 to 5 seems to be on top of it.
Junior
it looks like a five story high park, so your scenario would not seem likely. any way, I was shocked to see such a huge carpark going up, not going down.
Newbie
The original ground was about 0.5 to 1 story above ground.
I don't think you need to worry about the Parc owners. Considering that they are paying more than a million for their apartments, I am pretty sure they like what they saw.
Market forces would decide the price. Your constant bashing on properties around the area will not help/ influence the prices.
Cheers.
Newbie
Haha...I think he is just jealous..remember his son couldn't get into NanHua and started to say bad things about NanHua?
One thing you can be sure is...Parc condo is walking distance to clementi central but his crappybelle need shuttle bus to get there..
F01 N54 Sheer Driving Pleasure
Congratulations to those who have kept their faith in The Parc Condo!
I am sure you will be rewarded this weekend with this set of 4D - $1,091 psf!
The Parc Condo
Address ............................ psf ............... Area ........ Price ......... Contract Date
7 West Coast Walk #09-13 .... $1,091 psf .... 667 sqft .... $728,000 .... 9 Feb 10
Newbie
Saw the carpark by the side of the development. Naaa....not an issue. The Parc is evalated by 1 story where the swimming pool is and the carparks are by the sides.
looking at the progess.....hopefully will TOP soon like what the construction board says 31 May 2010
New Launch Project Specialist
Yes the Parc is way superior to crappybelle in terms of location. I don't find anything wrong with the facade or the MSCP, even if these things are ugly, so what? it only affects other people looking at the development and not even staying there, the actual residents would be enjoying the convenience and amenities being near Clementi Town centre, and already The Parc has breached $1k psf......look at the potential.
Newbie
From the siteplan, it appears The Parc has a "raised" ground floor instead of a dug-in basement similar to Botannia. I am not sure whether there will be basement carpark or it may just be a passageway into the multi-storey carpark.
Newbie
Yes, it would be disappointing comparing with those that have basement carparks....
However, I see the placement of the multi-storey car park by developer in this instance as a shield against the heavy expressway noise... As a result, the residential blocks are further away from the roads as compared to the infiniti...Whether it really helps or not will depend on your sensitivity to noise. Anyway, it is clearly better than having the residential blocks nearer to the noisy high volume traffic expressway.
On the multi-storey car parks, compare its placement with the Multi-Storey Carpark at The Estuary in Yishun, which is also just beside a stadium. However, the developers have instead chosen to place the multi-storey car park as a shield against the Stadium noise and not along the 6 lane road fronting the reserviour... Perhaps even as a shield against the afternoon sun....
One thing is for sure... you are going to see a lot more multi-storey carparks or a mixture of multi-storey carpark with basement carparks in new developments as margins are squeezed and demand moderated.
Junior
No, they built the multi-story carpark next to west coast road, not AYE. West coast road is not much of a source of noise, especially late at night. I did not get to see the AYE side, though. there is another mscp there too?
Newbie
Oh, I must have been wrong about it... not to sure as I drove pass the project sometime back and it seem like a MSCP over the tennis court or something
http://www.singaporeexpats.com/housi...ONDOMINIUM.htm
Anyway the developer is wise to place the tennis court and the playground area (if I am correct) closer to the expressway to act as a buffer... at least psychologically if it don't make any difference at all.
Newbie
The Parc has 2 MSCP on either side of the development.
Junior
On the site plan, there is a "plaza" near AYE and another "plaza" near west coast road. So, these are the mscps that we are seeing? If so, isn't the word "plaza" a bit misleading if not downright cheating.
Newbie
Oh..naming plaza above MSCP is cheating? Then what about giving cheap tiles and workmanship? I don't see anything wrong with the naming but I will be mad if developer short change me with cheap tiles and workmanship...
I will be worrying if I am you for staying in a house with kids where anytime the tiles may just crack and pop up...
New Launch Project Specialist
The Plaza could also mean the open space on top of the MSCP which may be used for recreation etc. so no foul until the development is fully completed.
Junior
So if you build an nuclear power plant and label it "garden" on the map after you plant a few trees on top of the power plant, that is not considered misleading? how gullible are you, man?
Besides, I don't think any buyers would even suspect that the developers were actually planning to build mscps when they made the purchases. In fact, it doesn't surprise me one bit that the developers was so dishonest. One of the developers was lehman brothers, and the other was sort of shady too. When reporters visited the showflat, the developers told them that the buyers are mostly young singaporeans with family. Turned out most of the buyers are company employees and associates.
Last edited by stalingrad; 02-03-10 at 15:52.
New Launch Project Specialist
Come on ever heard of 3d scale models at every showroom? The only one gullible is you.
Junior
so the buyers would ask the agents "hmmm, what are those low rise buildings next to AYE and west coast road?" when they were given only 20 minutes to make a decision before they are ushered out of the showflat to make room for the next batch of VVIP visitors? I am sure those buyers were in shock when they found out recently that those are above ground carparks.
come on!!! don't come here and shoot your mouth randomly, and irritate the hell out of everyone.
New Launch Project Specialist
I would NEVER buy property in a 20 minute window, thank you very much.
I guess that explains why you bought Carabelle
Newbie
I don't think there is any foul. It is indicated in the siteplan. FEO is doing something similar for The Shore too.
Newbie
Yeah, he is gullible enough to think that his crappybelle is top-notch but ended up as one built by a developer who couldn't even build HDB properly..
Junior
Man, please don't reply to any posts if you don't know anything about the condos in question. We were at the showflat, and we saw how CES and lehman were selling the product. how about you? were you there? did you see that the visitors were given only 20 minutes to make a decision?I would NEVER buy property in a 20 minute window, thank you very much.
I guess that explains why you bought Carabelle
as I said, if you just keep quiet on something you don't know, that is perfectly normal. have you mother ever told you that? you must have been raised by a mother with zero education and zero etiquette. your mother would be very ashamed of your behavior.
Junior
as for you, please change your name to retard if you don't have anything informative to say but keep attacking people for no reason at all.Yeah, he is gullible enough to think that his crappybelle is top-notch but ended up as one built by a developer who couldn't even build HDB properly..
New Launch Project Specialist
First you say buyers are forced to make a decision in 20 minutes and now you say that they are not.
What a joke !!
Junior
the site plan labelled the above-ground carparks as "plazas."
Junior
where did I say that they were not. they were given only 20 miniutes to make a decision due to the long queue outside.
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