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Old 28-07-2019, 08:54 AM   #1501
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Heard many unsold were the 4 and 5 bedroom ones, which are near 1.5mil and up.

Rivercove on the other hand, had all its 4 bedrooms fully bought on first day.

But it will sell out. Just need reballot again. Sure people will buy. EC mah. Buy sure huat.

The current price of the 4 bedrooms are near $1.5mil and over, the 5 bedrooms are near $1.6mil and over. Few households with under $14K monthly income can afford this unless they have rich parents or get their parents to sell their flats.
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Old 28-07-2019, 08:57 AM   #1502
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The current price of the 4 bedrooms are near $1.5mil and over, the 5 bedrooms are near $1.6mil and over. Few households with under $14K monthly income can afford this unless they have rich parents or get their parents to sell their flats.
And majority left for first timers.

If the govt didn't change the quota for 2nd timer to 30%, the sales would have flopped big
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Old 28-07-2019, 08:58 AM   #1503
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My take is might be harder to sell more because first timers dont have the buying power of 2nd timers.

Unless more quota is open for 2nd timers, I can't see many first timers young couples affording 1.5 mil and up.

imagine this
quota for 2nd timer 246
239 bought

quota for 1st timer 574
133 bought
only 23% of first timer quota filled.
mmm, yeah agreed, unless they have family support.
Young couples are likely to buy the smaller quantum units, and I notice that young couples are also not too ambitious on their need for space, a friend of mine who is getting married, ended up buying a 2 bedroom at RF.
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Old 28-07-2019, 09:00 AM   #1504
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This is not only the only EC launch but there are also zero new PC launch in punggol. This is buyerís one and only choice if they love punggol.

Having said that, itís strange that gov is not releasing any pc land in punggol.
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Old 28-07-2019, 09:02 AM   #1505
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Actually hor, I'm suspecting that Piermont is launched at this price to help push the $16xx sale at sengkang residences.
My flat is next to Buangkok MRT and just opposite the upcoming Sengkang central mall/residences. If this new condo is selling at such prices, it makes keeping my flat a lot more attractive. This EC would be a location downgrade for me.
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Old 28-07-2019, 09:08 AM   #1506
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This is not only the only EC launch but there are also zero new PC launch in punggol. This is buyerís one and only choice if they love punggol.

Having said that, itís strange that gov is not releasing any pc land in punggol.
Soon. URA masterplan shows more residential areas north west of SIT.

But will be near the WWII Sook Ching massacre site
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Old 28-07-2019, 09:08 AM   #1507
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This is not only the only EC launch but there are also zero new PC launch in punggol. This is buyerís one and only choice if they love punggol.

Having said that, itís strange that gov is not releasing any pc land in punggol.
Is it because thereís already quite a number of PC in Punggol
Watertown, a treasure trove, Parc centros, fLo residence, riversound, river isle etc.

EC in Punggol includes waterbay, prive, riverparc, the terrace, piermont, the amore.

Anything I miss out?
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Old 28-07-2019, 09:09 AM   #1508
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My flat is next to Buangkok MRT and just opposite the upcoming Sengkang central mall/residences. If this new condo is selling at such prices, it makes keeping my flat a lot more attractive. This EC would be a location downgrade for me.
I near Seletar Mall
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Old 28-07-2019, 09:26 AM   #1509
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And majority left for first timers.

If the govt didn't change the quota for 2nd timer to 30%, the sales would have flopped big
2nd timer quota for ECs was not 30% previously?
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Old 28-07-2019, 09:27 AM   #1510
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Is it because thereís already quite a number of PC in Punggol
Watertown, a treasure trove, Parc centros, fLo residence, riversound, river isle etc.

EC in Punggol includes waterbay, prive, riverparc, the terrace, piermont, the amore.

Anything I miss out?
ec...twin waterfalls and ecopolitan.
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Old 28-07-2019, 09:29 AM   #1511
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Did you all realise every 50 metres, there is a traffic light? You can see 5 traffic light travelling at Punggol Road. So congested.

Also there is a big Long kar in front. Later breed lots of mosquitoes how? No direct river view. Blocked by hdb of all things.

Somemore near Pasir Gudang industrial area. Lots of harmful fumes.


https://www.99.co/blog/singapore/hdb...-pasir-gudang/
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Old 28-07-2019, 09:30 AM   #1512
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I am sure your kids can make it if you start drilling them young.

That is why you need to start thinking about whether you should move out of punggol to somewhere nearer to good primary schools before your kids turn 7.

Punggol is good for very young families, I agree. But not when they grow older.
Thatís why I bite the bullet and moving to D13, for my kids.
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Old 28-07-2019, 09:31 AM   #1513
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ec...twin waterfalls and ecopolitan.
Oh ya, too many to remember, thanks for that.
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Old 28-07-2019, 09:32 AM   #1514
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2nd timer quota for ECs was not 30% previously?
It was 5% last time
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Old 28-07-2019, 09:35 AM   #1515
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ec...twin waterfalls and ecopolitan.
Waterwoods
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