Newbie
Water tank on the roof needs huge supports to support the weight. And then also not much pressure. The tank is to supply the pump. My parents place had this. It was a pain to maintain, but you get strong pressure especially when many taps are on at the same time. We have bypassed it about 10 years back and pressure is not too bad still. I believe that pub has upped the pressure on their mains over the years.Originally Posted by buttercarp
Newbie
Thanks for sharing..
Newbie
Latest JAN 2012 transacted price from developer's sale in is $2.68m!
How is this price negotiable with the developer?!
Senior
Is this a corner unit?
Newbie
Doesn't look to be so, it should be an inter-terrrace (1615 sq ft) from the URA caveat record.
Senior
That means they set the asking at 2.8mil so slightly nego lor...
mutant powerpuff
OMG!
Yes....incredible!
Perhaps a unit with an auspicious number.
Newbie
The price of $2.68M for an inter terrace in the suburbs is reasonable.
If you look at Bukit Timah, an inter terrace for the same land size is selling at $4M, i.e. $2500 land psf!!! East Coast area also catching up at $2000 land psf.
Even old landed for rebuilt are selling from $1000 land psf and above regardless of location, and some smaller land size are sold at $1500 land psf due to minimum quantum. Add $1M for rebuilt plus stamp duty and interest => Cost of a brand new inter terrace is at least $2.5M. If it is developer sale, they at least mark up another $500K into the cost. At this rate, very soon, all brand new inter terrace at least going for $3M and above.
mutant powerpuff
Exalted
landed big big bubble....
Newbie
Bubble or not I do not know. However, if you look at condos and apartments, pple are selling $3M for a 3 bedrm in the city or city fringe at >$2000 psf built in. If there is bubble, then the first to fall will be the high end condos.
For the same price, definitely I go for landed as you get bigger built in and your very own piece of land.
There are less and less landed houses as some are sold to developers who rebuild apartments. New land supply all goes to build condos and HDBs. Scarcity will keep landed prices up and up just like gold.
Exalted
always bear in mind tat we r ultimately buying the land....so we must always look at land psf
high end condos above 3M used to be ok one bcoz foreigners can only buy condo and not landed.....but not the case anymore after cm5....tats y we r seeing big ticket ccr ppty firesale being transacted oredi
Newbie
Although land psf is impt. Built in psf cannot be ignored as well. Otherwise, those who paid for condos are buying air space which is unlimited in supply for now. The sky's the limit!always bear in mind tat we r ultimately buying the land....so we must always look at land psf
high end condos above 3M used to be ok one bcoz foreigners can only buy condo and not landed.....but not the case anymore after cm5....tats y we r seeing big ticket ccr ppty firesale being transacted oredi
Wats the point for having a big piece of land but built in is mickey mouse?
mutant powerpuff
It is true that you should also take into consideration the build in space.Although land psf is impt. Built in psf cannot be ignored as well. Otherwise, those who paid for condos are buying air space which is unlimited in supply for now. The sky's the limit!
Wats the point for having a big piece of land but built in is mickey mouse?
But those build to the max and selling as though it is calculated psf of build in space is really too much.
I'd rather have a balance of both.
To me the land should be at least 2000 sq ft and the build in about 3000 sq ft.
Exalted
I prefer 3000sqft land and 2k sqft built in
Exalted
Err y drag in mm?Although land psf is impt. Built in psf cannot be ignored as well. Otherwise, those who paid for condos are buying air space which is unlimited in supply for now. The sky's the limit!
Wats the point for having a big piece of land but built in is mickey mouse?
I m just saying ultimately we shd be looking at land psf when we r buying landed
mutant powerpuff
Of course I also prefer bigger land if i have the means.
mutant powerpuff
Got a friend with house 1600 sq ft on a 5000 sq ft land.
Is that considered a MM?
Exalted
Double storey or more will be mm.....single storey quite spacious
Exalted
So at the end of the day, we shd look at land psf.....
Let say u buying brandnew terrace hse....minus away the rebuilt cost to determine the actual land psf u r paying for
Newbie
lol...how can landed be in a bigger bubble than condos?
The most successful investors are defined by their actions in a bear market, not a bull market.
Exalted
u can exchange ur points if u disagree wif me
oh boy....did i say landed bigger bubble den condos???
Newbie
lol.... dont dare to mess with the devil...u can exchange ur points if u disagree wif me
The most successful investors are defined by their actions in a bear market, not a bull market.
Exalted
no nid to be sarcastic...since u oredi laugh at my comments about landed big big bubble
Newbie
eh chill la... not trying to start an argument...
The most successful investors are defined by their actions in a bear market, not a bull market.
Exalted
we r here to learn
obviously u r the one who got disturbed by my comment
Newbie
lol... i'm more amused than disturbed.we r here to learn
obviously u r the one who got disturbed by my comment
The most successful investors are defined by their actions in a bear market, not a bull market.
Exalted
tats gd
come here tcss and be happy!
Newbie
Yup, tats how u split the value of built-in and land for landed.
Built-in cost is approx. $300 to $350psf for brand new houses. Land is the balance of total price less built-in cost.
Tats why I said Luxus Hills inter terrace at $2.68M is reasonable. $1M for built-in and $1.68M for land which translates to $1000 land psf. Even sembawang is selling this kind of land psf le...
Essentially, land psf is on the rise, and god knows what level it may reach when it's getting more scarce...
There is one landed in Toh Ave area, the house is small but the land is like the size of 2 football fields!!
Last edited by Blue; 15-03-12 at 19:26.
Newbie
I notice that the migical number 1614sqft normally appears. Must be a metric conversoon of sort to distribute the land parcel for inter tracce.
And I agreed. When you max out, sometimes it looks like a over dress auntie trying to get attention and the place does not gel and start to look like a community center of sort. It does give maximum untility but some how lack substance. when there is no design consideration.
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