Jalan Anak Bukit GLS

[NiShiZhu]

Hehe divided opinion no issues la. This is a forum, diff opinion is good, as long as don’t take it too personal can Liao.
The district I’m staying also got project loss money....I accepted it, wifey likes it mah, bo Bian

 

[Falafell]

TWR is the woodleigh residences at Woodleigh. My guess is the dual envelope concept could do more harm than good in terms of a bullish bid. Cos it is no longer a case of free for all highest bidder gets the site. The bidder must first pass the first stage of the conceptual phase.

Thats true, but recently those dual envelopes including TWR and Pasir Ris 8 shows that the top few bids do have very tight competitive bids

 

[1993newbie]

Hehe divided opinion no issues la. This is a forum, diff opinion is good, as long as don’t take it too personal can Liao.
The district I’m staying also got project loss money....I accepted it, wifey likes it mah, bo Bian

Happy wife, Happy you! I like your new development btw!
Well, my district no new launches for the longest time, district resale psf still uptrend, volume increased too.
The dev I’m in, 31 units transacted in first 5 months this year, whole of last year 38 transactions.
Ulu to many may not be ulu to others.

 

[arctician]

Thats true, but recently those dual envelopes including TWR and Pasir Ris 8 shows that the top few bids do have very tight competitive bids

do you know whats the concept for TWR or PR8? or its just any cookie cutter or me-too concept with dual envelope?..i assume there is some iconic blueprint which explains on confidence of developer to sell PR8 at $1900 psf.

issue is most developer sitting on low land bank and inventory now, i rem URA shares inventory is near all time low of 20k+ units in Q121, in 2018 before the enbloc fever inventory was around 17K units, so assuming sell through units of 3K per quarter, by next 1-2 quarter all developers will start to aggressively replenish their land bank...

 

[Passerboy]

Happy wife, Happy you! I like your new development btw!
Well, my district no new launches for the longest time, district resale psf still uptrend, volume increased too.
The dev I’m in, 31 units transacted in first 5 months this year, whole of last year 38 transactions.
Ulu to many may not be ulu to others.

Ulu also means affordable which is an added advantage.

Saw this portal heavily marketing Jovell/Treasure Tampinese as two of the most affordable new launch.

 

[ThinkCarefully]

Ulu also means affordable which is an added advantage.

Saw this portal heavily marketing Jovell/Treasure Tampinese as two of the most affordable new launch.

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Affordable (or cheap) will be for a reason

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[abcde83]

do you know whats the concept for TWR or PR8? or its just any cookie cutter or me-too concept with dual envelope?..i assume there is some iconic blueprint which explains on confidence of developer to sell PR8 at $1900 psf.

issue is most developer sitting on low land bank and inventory now, i rem URA shares inventory is near all time low of 20k+ units in Q121, in 2018 before the enbloc fever inventory was around 17K units, so assuming sell through units of 3K per quarter, by next 1-2 quarter all developers will start to aggressively replenish their land bank...

either bid for GLS or enbloc fever again!

 

[LWZ]

1200

10char

 

[Passerboy]

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Affordable (or cheap) will be for a reason

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Someone shred the pie chart, cheap, convenient and good view or sth, to have all algorithm in one it doesn’t exist. STh has to give way, if u want to best must be prepared to fork up top dollars.

 

[Passerboy]

1200

10char

Maybe a poll should be created to guess the land bid haha…1200psf max for me for this site.

 

[Falafell]

Maybe a poll should be created to guess the land bid haha…1200psf max for me for this site.

I honestly feel the developers will still go crazy on this one, just like how they did for AMK. But that doesnt mean that it will sell well in the future

 

[Passerboy]

I honestly feel the developers will still go crazy on this one, just like how they did for AMK. But that doesnt mean that it will sell well in the future

Haha we would know soon… it’s anyone’s guess

 

[Falafell]

do you know whats the concept for TWR or PR8? or its just any cookie cutter or me-too concept with dual envelope?..i assume there is some iconic blueprint which explains on confidence of developer to sell PR8 at $1900 psf.

issue is most developer sitting on low land bank and inventory now, i rem URA shares inventory is near all time low of 20k+ units in Q121, in 2018 before the enbloc fever inventory was around 17K units, so assuming sell through units of 3K per quarter, by next 1-2 quarter all developers will start to aggressively replenish their land bank...

I have TWR, SKG and JAB Tender Conditions on hand, not sure about Pasir Ris 8, but if you compare the Tender conditions for a dual-envelope mixed development as compared for a residential only, the amount of additional conditions a dual-envelope must fulfil is significantly much more. Architectural theme is strongly decided by the govt and alot of clear dos and donts.

I think Pasir Ris 8 one has it the worse tbh, as i read that they had to construct an interim bus interchange before they were even allowed to start selling units, which explains why the very late launch. Among all the integrated developments, Pasir Ris 8 also has one of the most public amenities to construct (even more than NPR). They recently had decided to top up the lease, which could be also why the indicative launch price is raised

 

[Falafell]

Haha we would know soon… it’s anyone’s guess

Actually im curious, do you all think if JAB launch at the same price as LINQ, though with a possibly stellar architectural design, would see good sales?

 

[Passerboy]

Actually im curious, do you all think if JAB launch at the same price as LINQ, though with a possibly stellar architectural design, would see good sales?

I think no, cos Linq is FH though some may argue that it has smaller lane site and non integrated per se.

 

[arctician]

i will say yes, because market has moved since 6 months ago, land price and sales price are up around 5% if we use 10% annualized average increase for RCR. if you know wheres the old goh and goh building and the jalan anak bukit site, location for Jalan bukit is more superior, nearer to mrt, PIE, hawker centre and pei hwa school. LINQ personally i think is not a good product due to the small site and layout, the balcony, AC ledge and bathroom almost equal size of living room for 1 BR, its like half of the space is non livable..i really wonder why it can sell out in a week at 2.2-2.4k psf

 

[scanner007]

Actually im curious, do you all think if JAB launch at the same price as LINQ, though with a possibly stellar architectural design, would see good sales?

JAB is directly next to PIE. It is very noisy during the peak hours. Worst then CTE. LOL
The road surrounding JAB are busy roads, with many buses passing by....

The quieter facing will be facing LINQ directly.
Price wise could be possible from $19,xx (ex) given the breeze sale and psf surround the area.

Just my 2 cents of wild guess.

 

[NiShiZhu]

If JAB is similarly priced as WLR, I will take WLR anytime
Lesser of 2 evil

 

[Falafell]

If JAB is similarly priced as WLR, I will take WLR anytime
Lesser of 2 evil

Currently WLR stabilised at 21xx psf for the ‘premium’ units. Assuming life have no other choices, you choose PR8 at 17xx psf or WLR at 21xx psf?

 

[ThinkCarefully]

Currently WLR stabilised at 21xx psf for the ‘premium’ units. Assuming life have no other choices, you choose PR8 at 17xx psf or WLR at 21xx psf?

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So sad, why lead a life until you have no other choices except for two development to choose from?

There is always resale and other types to consider..


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