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Buy forett or penrose?

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Old 01-08-2020, 12:29 AM   #1
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Buy forett or penrose?

Both quite near mrt right? For investment, which seems better?
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Old 01-08-2020, 12:35 AM   #2
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Penrose. Better locale (closer to MRT and city and RCR location), expected to be cheaper 16xxpsf v 18xxpsf, more reputable developer, and less competition in terms of new launches in D14 v D21.

You could consider starting a poll.
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Old 01-08-2020, 12:43 AM   #3
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I created a poll for u.
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Old 01-08-2020, 08:04 AM   #4
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Dont buy anything ,,, wait for the price collapse ... Its coming

Dont buy anything ,,, wait for the price collapse ... Its coming
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Old 01-08-2020, 10:25 AM   #5
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Dont buy anything ,,, wait for the price collapse ... Its coming
if you have NOT bought anything, price collapse works for you.
but imagine if you have already committed to a housing project..
price collapsing will likely mean that you have bought your unit at a higher price and will lower transaction price, you are screwed for the future...

CM are in place. don't think drastic price changes will be seen esp for projects that are >80% sold till date...

unless Forett or Penrose launches at absurd pricing, then maybe got chance for an adjustment. but then again, so many news reports indicate the PRICE SENSITIVITY of current buyers + current economic climate. you think Dev will launch penrose/forett at 2.5k psf meh...
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Old 01-08-2020, 11:33 AM   #6
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if you have NOT bought anything, price collapse works for you.
but imagine if you have already committed to a housing project..
price collapsing will likely mean that you have bought your unit at a higher price and will lower transaction price, you are screwed for the future...

CM are in place. don't think drastic price changes will be seen esp for projects that are >80% sold till date...

unless Forett or Penrose launches at absurd pricing, then maybe got chance for an adjustment. but then again, so many news reports indicate the PRICE SENSITIVITY of current buyers + current economic climate. you think Dev will launch penrose/forett at 2.5k psf meh...
Hehe agree.
If price can just collapse or sky rocket within a short timeframe, it will be a mockery to the 9 rounds of slew cooling measures Govt had put in place.
Hehe imagine what’s the stake of 90% existing home owners.
Then our hdb will be worth less than 100k?

I had said this many times, Govt is monitoring the market very closely, on top of CMs, if our economy warrant additional support to tide over this period, they will still put in place additional measures such as defer mortgage payment and extending of ABSD.
They r in control of market, peasant like us can’t talk up or talk down the market alone
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Old 01-08-2020, 02:54 PM   #7
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Dont buy anything ,,, wait for the price collapse ... Its coming
Been waiting for this supposed "crash" for longest time 😂

Anyway, I believe prices will remain stable, it might dip a couple of percentage points but that's about it. I also don't think it will move up very high like in last 10 years.

But back to compare between these 2 project, hard to say because I think Penrose site plan not out. But I see the forett one, I personally don't like because unit distance is too close... I feel next time u sell will have issue because privacy is a major major concern for many home buyers
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Old 01-08-2020, 06:58 PM   #8
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Of course Penrose. D14 RCR. By reputable CDL n Hong Leong.
500 units only. Walking distance to aljunied mrt.
Now the D14 developing.
With kallang developing. Bto all rising there also.
Paya lebar transformation. Paya lebar quarter.
Bugis revamp with private housing.
Bidadari very near D14 also developing with parc colonial tre ver and woodleigh.
This is the area u wanna invest or stay with great potential. The Hdb housing in d14 always remain strong and rental is one of the highest.
It is no brainer on Penrose. My friend.
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Old 01-08-2020, 07:04 PM   #9
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Forett won't sell low la. Which project by qingjian ever sell low?
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Old 01-08-2020, 07:16 PM   #10
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Forett won't sell low la. Which project by qingjian ever sell low?
Forrett might just be the one Qingjian sells relatively low compared to its other projects where the profit margin is huge.
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Old 01-08-2020, 07:20 PM   #11
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Of course Penrose. D14 RCR. By reputable CDL n Hong Leong.
500 units only. Walking distance to aljunied mrt.
Now the D14 developing.
With kallang developing. Bto all rising there also.
Paya lebar transformation. Paya lebar quarter.
Bugis revamp with private housing.
Bidadari very near D14 also developing with parc colonial tre ver and woodleigh.
This is the area u wanna invest or stay with great potential. The Hdb housing in d14 always remain strong and rental is one of the highest.
It is no brainer on Penrose. My friend.
Come, I support you in your quest of spreading influence that Penrose is da best new launch in 2020
Just make sure you get a unit there on launch day itself. No excuses

Last edited by Ohw123; 01-08-2020 at 07:23 PM..
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Old 01-08-2020, 07:23 PM   #12
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Of course Penrose. D14 RCR. By reputable CDL n Hong Leong.
500 units only. Walking distance to aljunied mrt.
Now the D14 developing.
With kallang developing. Bto all rising there also.
Paya lebar transformation. Paya lebar quarter.
Bugis revamp with private housing.
Bidadari very near D14 also developing with parc colonial tre ver and woodleigh.
This is the area u wanna invest or stay with great potential. The Hdb housing in d14 always remain strong and rental is one of the highest.
It is no brainer on Penrose. My friend.
Can share with us which unit type u intend to buy in penrose? Can also gpgt to show us your no brainer purchase (Otp and S&P) so that I may also learn from u and buy a unit there?
Recently I have some spare cash looking for a no brainer investment
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Old 01-08-2020, 07:28 PM   #13
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Can share with us which unit type u intend to buy in penrose? Can also gpgt to show us your no brainer purchase (Otp and S&P) so that I may also learn from u and buy a unit there?
Recently I have some spare cash looking for a no brainer investment
Should also include a video of him running to Aljunied MRT in 4 mins.

Stay safe, watch the traffic
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Old 01-08-2020, 07:28 PM   #14
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Can share with us which unit type u intend to buy in penrose? Can also gpgt to show us your no brainer purchase (Otp and S&P) so that I may also learn from u and buy a unit there?
Recently I have some spare cash looking for a no brainer investment
Come invest in Stirling Residences, let’s be neighbours
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Old 01-08-2020, 07:28 PM   #15
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Come, I support you in your quest of spreading influence that Penrose is da best new launch in 2020
Just make sure you get a unit there on launch day itself. No excuses
I actually thought Penrose is the best new launch in 2020 but now I am being swayed over to think it is Forrett that is the one to look out for. Reason being $200psf more, FH status, “Bukit timah” location, and transformation of Beauty World area.
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