They do not stay there but they own them.Originally Posted by jc
They do not stay there but they own them.Originally Posted by jc
Well i don't know who owns them Well if u don't mind can PM me if the names are too private to be mentioned.Originally Posted by DC33_2008
i think pty play is capital appreciation and upside, for yield as jc pointed out reits and some stocks give much better yield
i wont be surprised if some of them are cashing out of EG and moving on to marina bay ~Originally Posted by DC33_2008
I believe so but some of them may not need to do that as they are cash rich.Originally Posted by august
Originally Posted by DC33_2008
Originally Posted by cashrich
wah! you the man!
Address Tenure PSF Area Sqft Price Contract Date
#08-12 999 Yrs $1478 1055 $1559k 08 Apr 10
#10-07 999 Yrs $1295 1055 $1366k 29 Mar 10
pricing is very reasonable (aka mai-tu-liao) indeed....Originally Posted by DC33_2008
but seems like all owners are now asking for $14XXpsf onwards. The $1295psf transaction looks like a fantastic deal.
Agree. That is a bargain. the unit has pool views and is quite windy.
Originally Posted by new2mondrian
hi, seem that there a mix of good and bad review in 2010 on this projt...i am keen on this projt , and it for investment /rental purpose.. any problem or feedbacks from forumer to share ,,?
Recent caveat lodge in June for EG at $1680psf. Anyone knows the size and stack?
33 Club Street #08-18 1,216 $2,043k$1,680 Jun 2, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #04-02 1,529 $2,200k $1,439 May 6, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #04-14 1,259 $1,760k $1,398 Apr 11, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #03-23 926 $1,400k $1,512 Apr 11, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #11-26 980 $1,550k $1,582 Mar 8, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #02-16 829 $1,300k $1,568 Mar 8, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #04-04 990 $1,535k $1,550 Mar 1, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #03-08 969 $1,510k $1,559 Feb 18, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #05-27 937 $1,480k $1,580 Jan 24, 2011 1999 999 Yrs From 01/10/1827 Resale
33 Club Street #11-23 926 $1,480k $1,599 Jan 17, 2011 1999 999 Yrs From 01/10/1827 Resale
This is probably highest in the last two years for this size of apartment.Originally Posted by Laguna
this is rosed quite a bit since 2009... will rise to $2000 psf i think. When MRT is up.
This project was launched in the 1980s, if not wrong the price as about $1000 psf and was very hot with lot of ppl selling option then.
Unfortunately, this is a 1.4 plot ration land with high of 5 storey, else the enbloc potential is great.
The URA Cpncept Plan shows plot ratio of 3.5. The current height of EG is already 8-storey high. The floor-to-ceiling is much higher than the new development.Originally Posted by Laguna
There is no way to have plot ratio of 3.5 and a height constraint.Originally Posted by DC33_2008
Extracted from URA Concept Plan:Originally Posted by Laguna
Only entrance shop building is under conservation. Read carefully.
As defined by URA :
GPR = Max # of Storey
1.4 = 5
1.6 = 12
2.1 = 24
2.8 = 36
>2.8 > greater than 36
thanks for the info...usefulOriginally Posted by DC33_2008
People are interested in EG becos Telok Ayer mrt stn in the new DTL1 is just 100m away from EG.
Originally Posted by Laguna
saw this gem sometime back...
but well... missed the boat.
I think the best ones will be the plot opposite amara hotel.. duno what name already. But must see its selling price.. got cut robert head or not.
Visited EG a few times and suspect that the plot ratio might have been maxed out as the common area is rather small. Any idea?Originally Posted by DC33_2008
This will be an excellent gem if plot ratio is revised upwards as URA planners' policy is to increase plot ratio of land near mrt to maximise it. Vertical compact housing will be the way to go in Singapore. Not sure if the plot ratio of EG has been revised upwards after 1998.Originally Posted by SpinCity
If the plot ratio can be revised upwards it definitely have redevelopment potential as it is a very rare residential site in that areaOriginally Posted by DC33_2008
However, this plot of land sits among conservative shop houses and I think it may look a bit odd to erect a 20-story+ high-rise building there.
Anyway, if one day EG goes for enbloc, I will definitely sign the CS but right now I am very happy with collecting rents
I would not like it to be enbloc. Would like to keep it given its uniqueness.Originally Posted by SpinCity
Interesting, on one hand you consider it's a gem once plot ratio increases, on the other you don't want it to be enblocOriginally Posted by DC33_2008
Anyway, I hope that when that day do come, if you and I both are still owners there, we can have enough signatures to push it through
Just my hope though and you are welcome to hope otherwise
Happy to collect rents, may be happier to enbloc. Who knows
You are right. It is rather ironic. But GEM is to be kept and passed on to my children. Tap on the rental for the passive income as long as I can.Originally Posted by SpinCity
This is rare.. keep it... its a golden pot.
agreed that it's a gem given it's location and 999LH status. Been eyeing it....
Only problem is.... it's quite ugly....