[GLGT]Penrith over 4.1 times subscribed ahead of weekend launch on Oct 18 with prices starting from $1.495m

[Dividends Warrior]

PropNex huat big ah! My top position.

PropNex is my first 5-Bagger stock!

 

[Dividends Warrior]

Holland road?
holland still got vibes now meh

Margaret Drive (Queenstown)

 

[Laneige]

Margaret Drive (Queenstown)

Ohhhh but not near mrt right
Near Indian sch or not
N many churches n such
Maybe unblock but like nothing much

 

[doogyhatts]

Guocoland de.

 

[doogyhatts]

Ohhhh but not near mrt right
Near Indian sch or not
N many churches n such
Maybe unblock but like nothing much

Got church across the small road. Next door is Skyville Dawson.

 

[toolbox03]

Buy 3-4 million condo also lottery effect

Got money also need to have good queue number to choose

 

[Laneige]

Got church across the small road. Next door is Skyville Dawson.

Won’t the small roads inside v pro to jams or congestion with so many hdb n activities ard

Gucco gd right
Feel their standards is there

 

[zeozoe]

A lot put in but buy only if get the unit they want. This kind of put cheque is misleading cos can put $0 cheque

Could be also the agents ownself put in cheque right? Hard to tell between real and artificial hype.
No information on the distribution of interest either, could be 80% of cheques put up for a small subset of units.

 

[Forever84]

In before agent put their own cheque
Rich parents
FT buyers

as usual edmw confirm sour grapes think sinkie all very poor cannot buy anything

 

[durain]

PropNex huat big ah! My top position.

PropNex is my first 5-Bagger stock!

Rast time it was your 4-4-2 midfielder or smth right? now become Star striker? Propnaldo?

 

[RyanJ]

Got money also need to have good queue number to choose

Got an agent friend submitted 14 cheques for 14 potential buyers, end up balloting numbers all >800 didn get a single sale at Skye.

Told him he should chiong for toto next.

 

[toolbox03]

Got an agent friend submitted 14 cheques for 14 potential buyers, end up balloting numbers all >800 didn get a single sale at Skye.

Told him he should chiong for toto next.

This kind they will ask them buy other condo

 

[mgx-alander]

many singaporeans have high incomes . they are those who are not in forums complaining abt their daily lives but doing things for their own lives
toxicity affects work performance
many work in MNCs and/or financial sector. many reach managerialish positions by 30. assume both couples do so. 20k per month combined and importantly, excluding bonuses which can be a lot
there is a lot of money in singapore including among singaporeans

why is the difference between situation in Sg vs other developed countries? TAXES. they are low in Sg so there’s a lot of money around and growing through investments since there is zero capital gains tax on equities

Moi ish poor
No gf/wife bbfa
Not a manyzer at mid 30s
Behkan at eq.. smart and good at coding oso no use

 

[RyanJ]

This kind they will ask them buy other condo

Yah apparently now some are gunning for Zyon Grand next.

 

[mirukuboi]

Nowadays buy condo like buy labubu like that

 

[ShinnAsuka]

The main barrier is actually the initial cash and CPF outlay of about $700K to $800K. If you have that and assuming 30 years loan, it's not that much money. Monthly mortgage is about $8K.

Let's assume on your estimated figures. 8k per month is not a small sum. Lets say dinks, 4k shared should be something that not the average can afford.

Having 700-800k capital outlay even with cpf, likely a very high earner or has financial backing, including selling off million dollar hdb.

The numbers don't really add up for the number of projects available lately.

 

[The_Davis]

https://www.edgeprop.sg/property-news/penrith-over-41-times-subscribed-ahead-weekend-launch-oct-18


Penrith, which previewed on Oct 3, comprises two 40-storey towers with two- to four-bedroom units ranging from 614 to 1,173 sq ft. Prices start from $1.495 million ($2,437 psf) for a two-bedroom unit, $1.665 million ($2,455 psf) for a two-bedroom premium, $1.973 million ($2,511 psf) for a three-bedroom, and $3.078 million ($2,623 psf) for a four-bedroom.

With cheques received exceeding four times the number of units available, Penrith will test whether the strong buying momentum seen at Skye at Holland can continue into another launch weekend.

This one is Huat kueh #1 choice for the year!!! Predicted 100% sold

 

[articland05]

too cheap la...
got $10mil unit bo? if not moi ish not keen

 

[Forever84]

Let's assume on your estimated figures. 8k per month is not a small sum. Lets say dinks, 4k shared should be something that not the average can afford.

Having 700-800k capital outlay even with cpf, likely a very high earner or has financial backing, including selling off million dollar hdb.

The numbers don't really add up for the number of projects available lately.

A couple in their mid 30s with good career, easily can fork out the 800k combined.

 

[toolbox03]

This one is Huat kueh #1 choice for the year!!! Predicted 100% sold

100% not possible, at most 99% unless carrot willing to pay $3k+ psf