Junior
How come everytime a mass market condo comes up, all negative comment (recent one is Estuary). We are in a bottom-up recovery driven by HDB prices. If this project can sell 800psf then only you have the chance to flip your D11, D9, D10, D15 at higher profit ... so why talk down the project?
Newbie
To buy or not is very personal, most opinions expressed here are personal, just take it as one person's view.Originally Posted by jitkiat
How come everytime a mass market condo comes up, all negative comment (recent one is Estuary). We are in a bottom-up recovery driven by HDB prices. If this project can sell 800psf then only you have the chance to flip your D11, D9, D10, D15 at higher profit ... so why talk down the project?
I also won't buy this one, for my own personal reasons.
Junior
I will buy if i am a hdb upgrader ~~
who am i?
tks for sharing yr research. i was quite tempted beforehand, putting aside any price sentiments, leasehold not freehold, blah-blah...., these are very useful practical facts that needs to be taken into account.
yesterday, i drove thru Treehouse at chestnut ave.
well, my 2 cents opinion at present :
1) lots of cars along the straight small road leading up the treehouse.
2) i could see at least 5 agents touting at the road side, Got 1 agent came to my car and ask if i am interested in the trsshouse, and i ask why are they here,He replied me that they are getting cheques before unit release for preview which is today 22nd april.
Example:If 1 unit is vie within 3 buyers, there will be a ballot between these 3 buyers.
3)There is only 1 bus nearest to Treehouse.There is no market or shops at all.
4) It is not near to any MRT at all..ok? if you really walk to MRT, you need to walk thru the private terrace house (no shelter), down the road to the main road of upper bukit timah.By driving, it takes ard 5 mins, by walking, it will take 20 mins...If you come home by taking mrt, you need to walk up..and it wil lbe quite dark and quiet....anyway, you will walk pass chestnut sec house.
My personal conclusion:
I will not buy
F01 N54 Sheer Driving Pleasure
Maybe they need another chance to prove that they are right after being insulted by The Shore Residences, The Estuary, The Vision, Altez, Coralis, 76 Shenton, The Interlace, Waterbank at Dakota, etc.?How come everytime a mass market condo comes up, all negative comment (recent one is Estuary). We are in a bottom-up recovery driven by HDB prices. If this project can sell 800psf then only you have the chance to flip your D11, D9, D10, D15 at higher profit ... so why talk down the project?
Everyone needs a second chance.
Junior
A few years ago, Buongkok also very ulu and MRT station does not even open but look at the place today ... Chestnut is ulu but for how long it will remain so?
I am not invested.
Newbie
[quote=bargain hunter]People are obsessed with the so-called greenery view.Don't worry, it will be a sell out success, how valuable is it after TOP is a different story.
[/quote)
I get the sense that you could be spot on with your prediction. Anyway CDL wont go to preview stage if they are not confident of selling at least 70% of released units....too much reputation at stake.
Junior
Other than 76 Shenton and Estuary - the rest are not sold out leh! This morning I still hear the "Waterbank" advertsiing non-stop on radio. Those buying to "flip" are having problems now. In fact, for some D15 resale condos, the banks are not even supporting the valuation the sellers are asking for. Anyway, today afternoon is the VVIP preview right? morning supposed for insiders. Would be interesting to see how many units they can sell/ballot in just few hours. And don't say people house "ulu" and "countryside" lah. Some people just like to be away from the crowded areas. At least they give lots of car park space.
F01 N54 Sheer Driving Pleasure
If only some can learn to read the article you posted, then they will know why more than 1,000 cheques have been received.
It seems like your effort have gone down the drain.
F01 N54 Sheer Driving Pleasure
The insult needs not be in the form of "sold out".
The insult can be in the form of "selling very well at a premium price" so that "I can slap your face for uttering those biased cristism on me."
Junior
Singapore "ulu" means lack of amenities/transport option. Once I watched a CCTV show rewarding a teacher in China who must become cliffhanger everyday to reach his school to teach ... this is the real ulu.
http://www.edu.cn/zhuan_ti_5118/2009...7_370993.shtml
To reach the village/school, this is the only way, takes 20-30mins.
Newbie
I wanted to go take a look but heard it is selling out fast.
Junior
What's the link? Ten Miles Junction is miles away from TreeHouse. I would rather buy MaySpring if I want to take full advantage of it.
Newbie
Just received an update from my agent:
The mid floor units for stack 4 2+S units are priced abt $850-$860psf range
Newbie
Nice condo, in a way like Raintree. Can buy to keep mistress. Or those driving & retiring. Not much condo in Singapore can have reservoir and bukit timah hill views at the same time.
For capital appreciation, rental yield or general "mid-life" dwelling (kids schooling, parent to take care, everyday rushing here & there, etc), no point lah.
For all viewing pleasure.
Newbie
Just my personal views on this development. Personally I like this area cos of the proximity to greenery and nature, which will be a rare sight in time to come.
Observations from Stack 7 perspective:
I made a visit to the nearby HDBs, the Pierce Reservoir view is to me worth a million bucks but that is if you are at least on levels 18 up to be able to have the panoramic view of the horizon... The killer for me though was the road noise and dust from BKE, it was normal traffic condition on the day of my survey, so I cant imagine the noise if it was a heavy traffic condition. This greatly discounted the premium I was willing to pay for a high floor for stack 7... Seriously, at lower floors below level 18 (note that tree house is on sunken ground compared to the HDBs I went to at Petir Rd) it's not worth paying any premium cos you would just be looking at tree tops w/o the grandeur of having the panoramic view towards the horizon.
My second consideration was for Stack 4:
Stack 4 faces Bt Timah reserve, which looked good to me as well. Ideally if I get Stack 4 higher floors with the balcony, I would still be able to have a view of Pierce Reservoir to my left to Hillview/Bt Batok nature reserves to my right. However this is at risk of being blocked as the empty plots just beside tree house going towards Dairy Farm road can easily fit two to three more developments.
I was still quite enthu when I submitted my cheque, but after my survey trip of the area, became half-hearted already... Now with the pricing going above $850psf for the units I was eyeing, coupled that I can only look for lower floor units.... My interest is down to 10%.
Anyway will still make a trip down to chat with my agent, but may not stay for my 5pm balloting.
Just my thots ...
Newbie
Cant agree more with you...Thanks for the pix, save my trip into the showroom later hahaha... Hopefully URA will release the sites nearer to the Dairy Farm Road, this shd be more ideal, less chance of being blocked and definitely nearer to MRT compared to the current Tree House site.
Newbie
No problems. Thought I have already put up some pictures last week? If I know it could be helpful I will try putting up all of 30 of them, it has been in my computer for the last 2 weeks.Cant agree more with you...
Please take note of a possible temple or mosque beside the treehouse.
Newbie
Yes I saw your pix from your earlier posting
Agents are saying that as Ten Mile junction was bidded at a high price, the developer would have to pitch their launch price at a much higher price... Thus likely that Tree house psf would appreciate as well... Generally not wrong to say that but if I am not able to get a choice unit, chances are slim for me to let go my unit at a premium... Not intending to follow the herd to grab whatever unit available. Especially now have to hold at least 1 yr so that wont be subject to seller's stamp duty, second half of economy likely to be slowly, the mess in europe and definitely worsened by icelandic volcanic eruption etc ... So most likely will pass on this development.
Of cos if buying for own stay the considerations will be slightly different la.
Last edited by iCon2; 22-04-10 at 14:23.
Junior
Actually I'm not "surprised" by the pricing. It is within expectations, esp when Estuary which is definitely much further away from town is already at that price level. If you look at the resale at the area, be it Dairy Farm or Cashew or Hillview - they are already at the $750 - $850 psf levels for largish units - so this is more a "mid market" area - unless u go futher down to Bt Panjang or CCK - you will not get $600psf here. So developer will try their luck to sell a brand new condo (albeit 99 yrs LH) higher.
Just received an update from my agent:
The mid floor units for stack 4 2+S units are priced abt $850-$860psf range
Newbie
TREE HOUSE
Project Name: TREE HOUSE
Developer: Chestnut Avenue Developments Pte Ltd
Property Type: Condominium
Tenure: 99 years from 23 Nov 2009
Completion Date: 31 Dec 2014
Total Units: 429
District No: 23
>>> click here for more details and floor plans >>>
.
Newbie
Hi all, any idea how much the preview discount precentage is? Also whats the psf pricing for the 3 or 3+S bedders? Appreciate if can update! Thanks!
Newbie
hahhahahahha...Yes I saw your pix from your earlier posting
Agents are saying that as Ten Mile junction was bidded at a high price, the developer would have to pitch their launch price at a much higher price... Thus likely that Tree house psf would appreciate as well... Generally not wrong to say that but if I am not able to get a choice unit, chances are slim for me to let go my unit at a premium... Not intending to follow the herd to grab whatever unit available. Especially now have to hold at least 1 yr so that wont be subject to seller's stamp duty, second half of economy likely to be slowly, the mess in europe and definitely worsened by icelandic volcanic eruption etc ... So most likely will pass on this development.
Of cos if buying for own stay the considerations will be slightly different la.
slightly more than 1000psf for the 24 storey 840sqft 2+S.
Hard to say if this is good or bad.
Newbie
The tenure for the area you cited are FH properties... I am seriously grappling with paying that kind of psf for a 99 yr property when i can get a FH in the same area.
Personally if the Tree House units are priced around the $750-$780 psf, I would still consider... But from the feel of the sentiments, Tree House should sell-out la.
Newbie
Would this be for Stack 7 just beside BKE? The Zhenghua park between tree house and BKE cant block any BKE noise at all if the unit is high floor... But can guarantee the view from level 24 must be fantastic!
This was taken from the nearby HBD, think from level 18 corridor:
See ya... Gonna meet my agent to collect back my cheque
Junior
wah! good view leh!Would this be for Stack 7 just beside BKE? The Zhenghua park between tree house and BKE cant block any BKE noise at all if the unit is high floor... But can guarantee the view from level 24 must be fantastic!
This was taken from the nearby HBD, think from level 18 corridor:
See ya... Gonna meet my agent to collect back my cheque
Junior
Is this the only condo is the whole of singapore that does not have bay windows? Is that the selling point?
Senior
think you are the most insider for this project liao. do update us on the good sales figures.
Would this be for Stack 7 just beside BKE? The Zhenghua park between tree house and BKE cant block any BKE noise at all if the unit is high floor... But can guarantee the view from level 24 must be fantastic!
This was taken from the nearby HBD, think from level 18 corridor:
See ya... Gonna meet my agent to collect back my cheque
Senior
from here on, new projects should not have bay windows or planters any more.
i think greenery is the selling point.
Senior
good view of expressway?
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