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New EC at Sumang Walk

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Old 06-06-2019, 09:07 AM   #46
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I thought you wanted freehold at clementi. EC no such thing as freehold and at good location.
I am generally checking with you what will HDB react and responds to my profile and situation if I want a BTO or EC? Just in case I want a new HDB build property just for a roof.
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Old 06-06-2019, 05:59 PM   #47
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There are actually 4 upcoming ECs plus one new site released for tender.. Not as scarce as many are describing. Wonder how much the site will sell for.
yup correct, but for this year, only this Sumang EC launching .. next year will have Anchorvale and Canberra.. but the prices will be higher than Sumang due to the land bid price and also the ABSD that the 2 developers need to pay...
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Old 06-06-2019, 09:40 PM   #48
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yup correct, but for this year, only this Sumang EC launching .. next year will have Anchorvale and Canberra.. but the prices will be higher than Sumang due to the land bid price and also the ABSD that the 2 developers need to pay...
Land bid prices again... like that developers can anyhow bid and sure earn $. So what were the psf ppr for the other sites?

Lets see how the ec site in the current land sale sell for...
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Old 07-06-2019, 10:46 AM   #49
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Better get the facts right before you purchase a EC

https://www.youtube.com/watch?v=YKkfAHjlqVw&t=127s
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Old 07-06-2019, 11:43 PM   #50
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Better get the facts right before you purchase a EC

https://www.youtube.com/watch?v=YKkfAHjlqVw&t=127s
wols leh....
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Old 08-06-2019, 07:59 AM   #51
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When will it launch?
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Old 08-06-2019, 08:05 AM   #52
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This month will launch. Average PSF should be $1100 - $1200 depending on unit level, facings and sizes.... 😂 everyone knows since 15 months ending with land price around $590 I think....
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Old 08-06-2019, 08:32 AM   #53
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Prive (EC), 5-7 mins walk to Waterway Point and mrt.
Resale Transacting at about 1kpsf.
Prive as a 9 year old condo vs sumang (brand new), how will be the sales like?
For reference.

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Old 08-06-2019, 09:26 AM   #54
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Prive (EC), 5-7 mins walk to Waterway Point and mrt.
Resale Transacting at about 1kpsf.
Prive as a 9 year old condo vs sumang (brand new), how will be the sales like?
For reference.

Thanks for pulling out this data. There are tons of such cheap or even cheaper condos in PG and SK. But their unit sizes are likely larger so psf cannot be too high like those tiny unlivable units of the new launches.
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Old 08-06-2019, 12:56 PM   #55
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New of course will fetch higher price right? Fresher lease (10 more years)!
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Old 08-06-2019, 01:16 PM   #56
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Prive lease start from September 2010, Sumang sold feb 2018.

From 7.5 years lease difference become 9years then 10years...

Fantastic you all, to attain your objectives. Clap.

This ec site was bidded over $200psf more than the previous site, no doubt it is overpriced.

Last edited by annetyu; 08-06-2019 at 01:26 PM..
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Old 08-06-2019, 01:36 PM   #57
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That is how fake news spread
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Old 08-06-2019, 01:58 PM   #58
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Prive (EC), 5-7 mins walk to Waterway Point and mrt.
Resale Transacting at about 1kpsf.
Prive as a 9 year old condo vs sumang (brand new), how will be the sales like?
For reference.

Won't be shocked to see sumang sell above 1k psf even though prive is obviously better value, new sale prices haven't been rational for quite a while now, the gap between new sale and resale has been getting bigger and bigger.
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Old 09-06-2019, 01:46 PM   #59
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This month will launch. Average PSF should be $1100 - $1200 depending on unit level, facings and sizes.... 😂 everyone knows since 15 months ending with land price around $590 I think....
gosh so expensive
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Old 09-06-2019, 01:52 PM   #60
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gosh so expensive
At the end of the day, developer probably will still make money. It is the poor, powerless, uninformed buyers that have to suffer with high prices and tiny units.
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