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Thread: Twin Vew

  1. #1
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    Default Twin Vew

    Opens for preview this weekend with indicative price:

    1 Bedroom From $650k

    2 Bedroom From $898k

    3 Bedroom From $1.18m

    4 Bedroom Fro $1.55m


    Those who bought Parc Riviera during their launch fixed price promo to 15th floor must be laughing to the bank now.


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    even then, this is cheaper than i thought. i think psf could well be lower than the tapestry?! the newspaper reported average psf of the tapestry at 1310psf but i downloaded the 300+ caveats lodged and it showed average psf of 1360psf!

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    With the sengkang ec selling 965psf, normal condo sell over 1300psf is like a norm now. Most probably some sort of cooling measures may be applied if this trend continues for another year or 2.

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    Quote Originally Posted by azeoprop View Post
    With the sengkang ec selling 965psf, normal condo sell over 1300psf is like a norm now. Most probably some sort of cooling measures may be applied if this trend continues for another year or 2.
    Yes. 15% ABSD should do the trick for 2nd time! 👏👏👏👏

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    Quote Originally Posted by azeoprop View Post
    With the sengkang ec selling 965psf, normal condo sell over 1300psf is like a norm now. Most probably some sort of cooling measures may be applied if this trend continues for another year or 2.
    sorry bro. this is probably the last 13xxpsf plot. the developers are probably looking for >1400psf for the upcoming new launches because of the land price that they paid last year (and after)

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    Quote Originally Posted by bargain hunter View Post
    sorry bro. this is probably the last 13xxpsf plot. the developers are probably looking for >1400psf for the upcoming new launches because of the land price that they paid last year (and after)
    Not for D19, they going for 1700 psf

    http://www.straitstimes.com/business...sidential-site

    EC selling price is their land price.

    The price works out to about $964.8 per sq ft per plot ratio for the 99-year leasehold plot, which could yield 505 private homes.

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    Quote Originally Posted by henryhk View Post
    Yes. 15% ABSD should do the trick for 2nd time! 👏👏👏👏
    Usually when such rumours abound, people will panic and inevitably there will be kiasu buyers rushing in to buy before it comes true. This will have the effect of pushing the price even higher and at a quicker rate.

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    Quote Originally Posted by Arcachon View Post
    Not for D19, they going for 1700 psf

    http://www.straitstimes.com/business...sidential-site

    EC selling price is their land price.

    The price works out to about $964.8 per sq ft per plot ratio for the 99-year leasehold plot, which could yield 505 private homes.
    precisely! Min. is 1400psf. no upside limit! SPH already said gonna sell Woodleigh at > 2000psf. even if the chip eng seng consortium want to undercut them, they can probably still sell at 1900psf. Serangoon Gardens as you say is looking at 1700psf. the HUDC plots won by oxley consortiums and logan min. 1400psf (very likely to be more and at a range from 1400 to 1600psf).

    the lastest and currently only ec plot won by cdl at punggol is gonna be sold at > 1100psf.

    back to Twin Vew, spotted agents posting videos of a full house and long queues to see the showflat. The caveats at The Tapestry average 1360psf, I think Twin Vew is attempting to sell cheaper than them for a quick sell out.

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    The last site bought at yesterday’s pricing.

    Quote Originally Posted by bargain hunter View Post
    precisely! Min. is 1400psf. no upside limit! SPH already said gonna sell Woodleigh at > 2000psf. even if the chip eng seng consortium want to undercut them, they can probably still sell at 1900psf. Serangoon Gardens as you say is looking at 1700psf. the HUDC plots won by oxley consortiums and logan min. 1400psf (very likely to be more and at a range from 1400 to 1600psf).

    the lastest and currently only ec plot won by cdl at punggol is gonna be sold at > 1100psf.

    back to Twin Vew, spotted agents posting videos of a full house and long queues to see the showflat. The caveats at The Tapestry average 1360psf, I think Twin Vew is attempting to sell cheaper than them for a quick sell out.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

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    Quote Originally Posted by HP65 View Post
    Usually when such rumours abound, people will panic and inevitably there will be kiasu buyers rushing in to buy before it comes true. This will have the effect of pushing the price even higher and at a quicker rate.
    Yah the current trend of price increase is developer engineered. Then followed by kiasu miss the boat syndrome. Actual rental is still very weak and resale prices still lag behind by a large margin.

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    Buyers may be screwed...once cooling measure announce again...thats it.

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    Quote Originally Posted by azeoprop View Post
    Yah the current trend of price increase is developer engineered. Then followed by kiasu miss the boat syndrome. Actual rental is still very weak and resale prices still lag behind by a large margin.
    Who is looking at rental yield now when buying property?

    If you look at landed it is even worst. PC buying is about preserving your wealth and capital appreciation.

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    Quote Originally Posted by westin View Post
    Buyers may be screwed...once cooling measure announce again...thats it.
    Are they more screwed buying before or after alleged new cooling measures?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

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    A china condo indeed. The paragraph below is cut and pasted from the Twin Vew website. This gives both lying and bad English new meanings.

    "With a prime spot on West Coast Vale in District 5, Twin Vew location falls on the radar of many high profile and daily amenities with extremely short commute times. Residents can easily accessible any of these for their shopping or excursive needs, making Twin Vew an ideal place for the cosmopolitan generation."
    Last edited by stalingrad; 21-04-18 at 21:45.

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    Another Doozy. A bad lie written in Chinese English.

    "Buyers will also enjoy the magnificent facade of the orchard shopping area which is one of the major places of attraction for tourists in Singapore. Here, one will find a host of amenities which include fashion stores, jewellery, food, shopping markets, etc. It is truly one Singapore’s most urbane places to be."

    West Coast is so far from Orchard it may as well be Paris.
    Last edited by stalingrad; 21-04-18 at 21:46.

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    Before new cooling measures... guess developers are pushing up the prices.

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    So better to buy before the cooling measures (2009) start or after all the cooling measures are lined up and implemented (2013)?

    Not necessary to buy from Developers if one feels it is expensive.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

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    Quote Originally Posted by westin View Post
    Before new cooling measures... guess developers are pushing up the prices.
    Do developer have a choice to buy cheap?

    GLS set the base price, en-bloc when GLS is slow for the market.

    With Billion of Dollar spend on the infrastructure anyone can suggest to sell land cheap cheap must be very good in his Math.

    Money printing is out of control, you print I print everyone print.

    The best printer is China, and they export it oversea.

    The US export their inflation to the World, China keep buying their debt until they also want to export their debt.

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    Why is there need for new cooling measures?
    The fundamental reason why property prices are increasing is because of money printing and escalating money in circulation, so they should tackle the real cause instead of treating symptoms?

    Quote Originally Posted by westin View Post
    Before new cooling measures... guess developers are pushing up the prices.

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    Quote Originally Posted by teddybear View Post
    Why is there need for new cooling measures?
    The fundamental reason why property prices are increasing is because of money printing and escalating money in circulation, so they should tackle the real cause instead of treating symptoms?
    Not many believe Bank just print money and MAS (Central Bank) control the flow.

    I like to use my example but people don't like to read.

    https://tradingeconomics.com/singapore/money-supply-m2

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    More than 2,000 buyers thronged the Twin VEW show flat on the opening weekend. PropNexians were having fun helping customers place their interest & submit their cheques for the chance to ballot for a unit.

    Don’t miss the best selling project in West Coast today, simply because it is priced very low for such a high premium product, in an excellent high growth location beside the 2nd CBD.

    �� exciting new launch of the WEST ‼

    1BR – from $650k
    2BR – from $898k
    3BR – from $1.18 mil
    4BR – from $1.55 mil

    Average psf from an amazingly low $12xx psf to $14xx psf. Probably the last private condo new launch that is selling in this price range for the rest of the year.

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    Quote Originally Posted by Arcachon View Post
    More than 2,000 buyers thronged the Twin VEW show flat on the opening weekend. PropNexians were having fun helping customers place their interest & submit their cheques for the chance to ballot for a unit.

    Don’t miss the best selling project in West Coast today, simply because it is priced very low for such a high premium product, in an excellent high growth location beside the 2nd CBD.

    �� exciting new launch of the WEST ‼

    1BR – from $650k
    2BR – from $898k
    3BR – from $1.18 mil
    4BR – from $1.55 mil

    Average psf from an amazingly low $12xx psf to $14xx psf. Probably the last private condo new launch that is selling in this price range for the rest of the year.
    Haha, this is interesting. When we purchased our unit at Carabelle next door, with better location and tenure (ours is 956ys), we were among few potential buyers at the showflat, and we reluctantly agreed to purchase a unit after persistent begging by the agent, at more than $550 per square foot. Time indeed has changed.

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    Prices in that area has been increasing with every new project. Infiniti was the cheapest, followed by:
    Carabelle
    Botannia
    Hundred trees
    NeWest

    Parc Rivera reversed the trend during the initial launch due to cooling measures, and probably due to 99 years status also.

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    99 years for a the price of a 999 at that area. Why is it a rush at this property . Is it due to a new mrt station nearby ? Or the up n coming HSR( it's also not very near )

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    Quote Originally Posted by Teo38 View Post
    99 years for a the price of a 999 at that area. Why is it a rush at this property . Is it due to a new mrt station nearby ? Or the up n coming HSR( it's also not very near )
    because of quantum and other factors previously discussed on why some buyers choose brand new launch vs resale. 3 bedders at the 956 botannia are around 1300 sq ft and asking 1200psf = $1.56m thereabouts. 3 bedders at twin vew are 9xx sq ft and 10xx sq ft which would cost from $1.18m. $1.56m can get buyers a 4 bedder at twin vew.

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    Wow huge crowd turn out today at Twin Vew.

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    Quote Originally Posted by star View Post
    Wow huge crowd turn out today at Twin Vew.
    Really a big contrast to Parc Riviera launch one year plus ago. Cheap 1 tier pricing to 15th floor not much people want. Now sell more expensive everybody come.

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    What to say buy buy buy

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    Per link below, seem like half sold as at 1pm!
    https://www.facebook.com/AskRealtorM...type=3&theater

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    Quote Originally Posted by azeoprop View Post
    Really a big contrast to Parc Riviera launch one year plus ago. Cheap 1 tier pricing to 15th floor not much people want. Now sell more expensive everybody come.
    cannot compare with inferior product which has half the units facing expressway and the other half having not much view but a lot of VEW.

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