Upcoming Executive Condo(EC)?

[Janson Ang]

seems like no 1 bedroom for this development

 

[Kurosaki @ Ichigo]

Anybody know the take up rate for signature for first day?

 

[acetylcholine]

CNA reported as follows: "Called Signature at Yishun, the project's developer said about 20 per cent of its units have been sold as of 5pm."

 

[yongjp]

My guess is that a lot of buyers waiting for Criterion to official launch to compare prices.

 

[Peace08]

CNA reported as follows: "Called Signature at Yishun, the project's developer said about 20 per cent of its units have been sold as of 5pm."

I watched this news clip. The CEO of this development company said "estimate about 20%...".

This does not translate into "about 20% sold".

Seems like everyone is adopting the wait-and-see attitude.

 

[vroomvroom]

Confirm wait and see to compare prices since just side by side. 10 yrs down the road, nobody will care who is its developer. Both will probably be selling at about the same psf range. If I'm buying, I probably opt for the one which is cheaper. Now here I'm assuming there is not a particular distinct superior aspect of one condo over another.

 

[acetylcholine]

I watched this news clip. The CEO of this development company said "estimate about 20%...".

This does not translate into "about 20% sold".

Seems like everyone is adopting the wait-and-see attitude.

CNA reported today that 100 units have been sold at an average of $750 psf since it opened for booking on 26 September.

 

[Peace08]

CNA reported today that 100 units have been sold at an average of $750 psf since it opened for booking on 26 September.

couldnt find caveat lodgment data from ura web. think have to wait till ocy.

100/525 = 19%. not 20% yet

 

[spiritGate]

Side track a bit.

Just want to check is there any successful case whereby if u have private condo right now and wish to appeal for a ec, can or not? What is the success rate? Will sell after moving into the ec

Sent from sent from gagt using GAGT

 

[henrylbh]

Side track a bit.

Just want to check is there any successful case whereby if u have private condo right now and wish to appeal for a ec, can or not? What is the success rate? Will sell after moving into the ec

Sent from sent from gagt using GAGT

Sell and wait for 30 months before can apply for EC. Else go for resale market.

Why should they allow appeal? They don't even allow me to sell my father's resale flat if he were to die during MOP. Must surrender to HDB at a loss regardless of what the market value.

 

[yongjp]

Sell and wait for 30 months before can apply for EC. Else go for resale market.

Why should they allow appeal? They don't even allow me to sell my father's resale flat if he were to die during MOP. Must surrender to HDB at a loss regardless of what the market value.

That sucks. Sorry to hear that. But I thought that the flat could be passed on to the children? Just that need to fufill the MOP.

 

[gAryLin]

the vales vs wandervale?

Anyone knows whether the upcoming EC at Chua Chu Kang worth a look? Currently considering The Vales which is at Sengkang and the upcoming CCK one (Wandervales).

 

[Advancer]

Anyone knows whether the upcoming EC at Chua Chu Kang worth a look? Currently considering The Vales which is at Sengkang and the upcoming CCK one (Wandervales).

Why are your options so far apart? I suppose you must be a first time home owner then since you are looking at newer EC with resale levy.
I was looking at all punggol and sengkang ECs and eventually decided on bellewaters because of the amenities and landscaping it has as compared to others.
Location may not be as good as the vales but the walking distance to farmway LRT isn't too bad.
Go look at the actual sites for yourself before deciding.
The vales is expensive if you are looking at pool facing units.

 

[Peace08]

Why are your options so far apart? I suppose you must be a first time home owner then since you are looking at newer EC with resale levy.
I was looking at all punggol and sengkang ECs and eventually decided on bellewaters because of the amenities and landscaping it has as compared to others.
Location may not be as good as the vales but the walking distance to farmway LRT isn't too bad.
Go look at the actual sites for yourself before deciding.
The vales is expensive if you are looking at pool facing units.

Study deeper into vales if you really want to buy.
Pricing on the high side.
Look at the landscape design and amenities.
2 blocks of units but the distance between these blocks is around the length of a tennis court - refer to site plan.
The side facing hospital - view can be blocked.
The side facing the open field - is a future school site, building may be as high as 7-storey.

Please think about why are you buying this, other than location. You will be fighting with everyone to sell EC 5 years later (if you are thinking of this as an investment). I'd rather pay the same price for a location slightly further with better overall condo design/features.

 

[gAryLin]

Why are your options so far apart? I suppose you must be a first time home owner then since you are looking at newer EC with resale levy.
I was looking at all punggol and sengkang ECs and eventually decided on bellewaters because of the amenities and landscaping it has as compared to others.
Location may not be as good as the vales but the walking distance to farmway LRT isn't too bad.
Go look at the actual sites for yourself before deciding.
The vales is expensive if you are looking at pool facing units.

Looking at pool facing units which is around 800psf. I stay in westside but I am open to location except for in woodlands/sembawang area. Reason why I chose The Vales is because it is near LRT and MRT. While Wandervale is around 600m from cck MRT and tiagong got shuttle bus to BP MRT which will be convenient for commuting to work.

I'm also thinking of waiting for that plot that Sim Lian just bought a few months ago at anchorvale.

Actually I like the vales location but the pricing now like abit high given that property is slowing. Should I wait?

 

[gAryLin]

Study deeper into vales if you really want to buy.
Pricing on the high side.
Look at the landscape design and amenities.
2 blocks of units but the distance between these blocks is around the length of a tennis court - refer to site plan.
The side facing hospital - view can be blocked.
The side facing the open field - is a future school site, building may be as high as 7-storey.

Please think about why are you buying this, other than location. You will be fighting with everyone to sell EC 5 years later (if you are thinking of this as an investment). I'd rather pay the same price for a location slightly further with better overall condo design/features.

Any EC in mind? I worry also if next time cannot sell because of the ridiculous number of unsold ec units. Lagi worse if buy already then the ECs decide to drop price.

 

[Peace08]

Looking at pool facing units which is around 800psf. I stay in westside but I am open to location except for in woodlands/sembawang area. Reason why I chose The Vales is because it is near LRT and MRT. While Wandervale is around 600m from cck MRT and tiagong got shuttle bus to BP MRT which will be convenient for commuting to work.

I'm also thinking of waiting for that plot that Sim Lian just bought a few months ago at anchorvale.

Actually I like the vales location but the pricing now like abit high given that property is slowing. Should I wait?

I will wait until sim lian is launched. flood the market. my personal view.

 

[Peace08]

Any EC in mind? I worry also if next time cannot sell because of the ridiculous number of unsold ec units. Lagi worse if buy already then the ECs decide to drop price.

No. IMO, all ECs are priced too high. I will wait until more defaults, more supply, etc. Agents keep pushing bcos sales are bad. If sales are good, would they keep calling u and claim "units are selling fast"?

 

[gAryLin]

No. IMO, all ECs are priced too high. I will wait until more defaults, more supply, etc. Agents keep pushing bcos sales are bad. If sales are good, would they keep calling u and claim "units are selling fast"?

Thanks for the advice bro. Most likely will wait it out..

 

[Advancer]

Yup wait if you have time and is a first timer.
For me, I am a 2nd timer so it's obvious I was looking at EC without resale levy.