Wah! So much demand!
Should introduce all the buyers to BASIC economics
Wah! So much demand!
Should introduce all the buyers to BASIC economics
My manhattan oredi 1350psf for 1br
Ride at your own risk !!!
Living on top of a bus interchange smell exhaust daily worth 1500psf?
tats wat i tot too!Originally Posted by azeoprop
so got chance crappland sell me one of their 2bdr poolview at 1200psf?
ya la.....all machiam like nvr read news! whahahahahaOriginally Posted by sh
sian la....still got chance to get 1200psf for 2bdr poolview?
Maybe people are thinking that by the time this TOP in 2015, "recession" would have been over liaoz?
For renting out mah ...Originally Posted by azeoprop
MY MANHATTAN SIMEI STREET 3 Condominium 1 707,000 495 Strata 1,428psf Oct-11
Ride at your own risk !!!
Definitely its a property bubble here, but the government will not prick it but will subtly maintain it or let it very slowly deflate by itself:Originally Posted by azeoprop
1. Our local banks are over-exposed to property loans, and it will be disastrous to the economy if they collapse.
2. The government has committed to mega projects, and the revenue must be supported by higher land prices and property taxes/levies.
3. The bubble is still not at a dangerous level, because at current prices, the properties can be repaid in 1 generation within 35 years.
hi guys, was informed the latest indicative price for one bedder is 630k - 817k, two bedder starts from 863k onwards. average psf is 1200.. as wished for by some of the brothers here~~ haha
at 40% LTV, banks are not at risk.... the buyers are....Originally Posted by hyenergix
Less Basic is right >50% drop.....
Back to basics
Affordable means small
Anyone can share what's the expected rental for a 3 bdrm unit (1109 sqft) at Bedok Residence which according to agent will be selling at ~$1.5m ? The expected rental yield will tell if it's worth investing in this condo. There are many options with $1.5m (studio at The Sail, 2 bedrm at D9 or D10, etc..).
Juz received sms from agent. 1+1 abt $1400 psf, 2 bedder abt $1300 psf.Originally Posted by eminor82
Why I will give it a miss:
1) noise pollution
2) air pollution
3) crowdedness
4) bad fengshui (mrt track)
I wld say 4% based on current market demand, -9% if market crashes.Originally Posted by sltc
Waterfront waves just TOP. 2 bedder asking $3.5k, 3 bedder $4.5k, 4 bedder 6k! how long to find so many tenants who are willing to pay I don't knowOriginally Posted by Eastboy
But their MRT only comes in 6 years time, and not next door distance.
Ppl buy this kind of project more for investment instead of own stay. For tenant, as long as convenient (near to work place or direct transport), should be fine.Originally Posted by Eastboy
Do you have done deal rental at this place?Originally Posted by East Lover
yah such tenants are usually from asia...ahem....kekekeke. i will only rent to certain nationalities but i cannot say or else people say i racistOriginally Posted by East Lover
Not. Just use for cross reference for this project. But I'm wondering how long n how high will wfw eventually find the tenants. We will know by chinese new year? 3 mth after TOP?Originally Posted by DC33_2008
Does this project has it's own compound? If yes, how can the interchange be below it?Originally Posted by azeoprop
This is the profile view. Shops B2 to ground floor, bus interchange level 2.Originally Posted by Jonathan0503
http://www.bedokresidences.sg/highlights.html
From pty guru 3bd asking is now merely 4k.Originally Posted by East Lover
Dun think rental can be good now. MRT not built yet.
$1500psf is too high for one bedder in this region at this time of uncertainty.
Thanks.Originally Posted by azeoprop
Strange... Then who owns the bus interchange if it's all within the same development?
shd be ah gong rite?Originally Posted by Jonathan0503
Very interesting design. Bus interchange is at level 2, which means if the bus load if full, the bus driver needs to ramp hard to go from level 1 to 2, and to brake hard when going from level 2 to level 1.
the idea of interchange, met, malls etc at doorstep is quite scary for me because we must always look at security risks such as:Originally Posted by hyenergix
1) Fire
2) Terrorist attacks
3) Power outages
etc etc
So ah gong is also one of the owners of this condo?Originally Posted by devilplate
hmm....like dat those ppty near to istana shd only worth 500psf? heheheOriginally Posted by Eastboy