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Which new launch would you buy and why

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View Poll Results: Which new launch to buy?
Penrose 18 38.30%
Forrett 11 23.40%
Clavon 18 38.30%
Voters: 47. You may not vote on this poll

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Old 01-08-2020, 09:59 AM   #16
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250 slots were fully taken for viewing at Forett showflat
See, you have to understand who are giving you such news ,,, again nothing but gimics ...whether that converts into sale or not thats a different thing ,,, window shopping ...
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Old 01-08-2020, 10:01 AM   #17
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See, you have to understand who are giving you such news ,,, again nothing but gimics ...whether that converts into sale or not thats a different thing ,,, window shopping ...
Speaking of which, we have plenty of window shoppers in this forum alone.
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Old 01-08-2020, 10:05 AM   #18
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Close to 10% of Singapore mortgages, or over S$15b, under debt moratorium

Read this news as well :
Close to 10% of Singapore mortgages, or over S$15b, under debt moratorium
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Old 01-08-2020, 10:13 AM   #19
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See, you have to understand who are giving you such news ,,, again nothing but gimics ...whether that converts into sale or not thats a different thing ,,, window shopping ...
Then could u explain to me how come treasure, Parc clematis, Florence, jadescape all still moving steadily every month? Those ura data r fake transaction or gimmick?

Two of the most frequent window shoppers like me and bro newbie1993 had decided to stop window shopping after knowing the need to go through all these hassle. Would anyone be so free to book an appointment with agent, fill up 5 pages of forms, submit blank Cheque just to go to showflat for a mere 20mins of viewing and window shopping?
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Old 01-08-2020, 10:16 AM   #20
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not so attracted to all these 3 projects leh..

nothing to shout:

- Clavon: far away from Clementi MRT, and super clustered area near near to new BTOs + C.Canopy... Yeah you can say future/prospective buyers are just a stone throw away.. but i don't like that "claustrophobic" feel. bear in mind that there's another open parcel next to Clavon, heard earmarked for private development as well.. so many projs in this area (Canopy, PC, Triliq, regent park, etc)

- Penrose: not near MRT. that Sims drive area really not so attractive to stay (ok i admit personal preference cuz i'm not from this area.. but where's the nearest mall, ntuc, hawker/market?), plus the proximity to PIE, unit selection super important? if starting price at 1.7k psf, will go for other projs 300-500m away from MRT

- Forett: location is key. this area i believe is under Jurong GRC. Not the actual prime bukit timah area. again another area full of condos. come TOP, will you be competing with other new launches that TOPs as well? (daintree, Kismis, linq, etc). already debated in the Forett thread that this location is not near the Beauty World MRT.. only attraction will be the freehold status. historical value appreciation at this location will tell you the likely trend- stagnation
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Last edited by NewHerePlz; 01-08-2020 at 10:19 AM.. Reason: missed out daintree... lol
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Old 01-08-2020, 10:20 AM   #21
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not so attracted to all these 3 projects leh..

nothing to shout:

- Clavon: far away from Clementi MRT, and super clustered area near near to new BTOs + C.Canopy... Yeah you can say future/prospective buyers are just a stone throw away.. but i don't like that "claustrophobic" feel. bear in mind that there's another open parcel next to Clavon, heard earmarked for private development as well.. so many projs in this area (Canopy, PC, Triliq, regent park, etc)

- Penrose: not near MRT. that Sims drive area really not so attractive to stay (ok i admit personal preference cuz i'm not from this area.. but where's the nearest mall, ntuc, hawker/market?), plus the proximity to PIE, unit selection super important? if starting price at 1.7k psf, will go for other projs 300-500m away from MRT

- Forett: location is key. this area i believe is under Jurong GRC. Not the actual prime bukit timah area. again another area full of condos. come TOP, will you be competing with other new launches that TOPs as well? (Kismis, linq, etc). already debated in the Forett thread that this location is not near the Beauty World MRT.. only attraction will be the freehold status. historical value appreciation at this location will tell you the likely trend- stagnation
Hehe I totally agree.
But I choose clavon cos itís the lesser of the two evils.
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Old 01-08-2020, 10:31 AM   #22
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Hehe I totally agree.
But I choose clavon cos itís the lesser of the two evils.
Boss Ni, actually when i summarize these 3 proj, i will choose forett (if forced to) cuz near to the nice hawker- Bukit Timah Hawker Centre.. I'm one super foodie! so those good eating hawker spots are a natural attraction to me. lol

the caveat is that Forett MUST launch @ around 1.7k psf la (1750-1790)... not sure if this is close to the price for Clavon/Penrose.. but anything more like 1.9 to 2k psf then forget it..

If Clavon launch close to 1.6k maybe will add some brownie points..
Ultimately, it is always the price!
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Old 01-08-2020, 10:40 AM   #23
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If price is right, I will pick Clavon.

not so attracted to all these 3 projects leh..

nothing to shout:

- Clavon: far away from Clementi MRT, and super clustered area near near to new BTOs + C.Canopy... Yeah you can say future/prospective buyers are just a stone throw away.. but i don't like that "claustrophobic" feel. bear in mind that there's another open parcel next to Clavon, heard earmarked for private development as well.. so many projs in this area (Canopy, PC, Triliq, regent park, etc)

- Penrose: not near MRT. that Sims drive area really not so attractive to stay (ok i admit personal preference cuz i'm not from this area.. but where's the nearest mall, ntuc, hawker/market?), plus the proximity to PIE, unit selection super important? if starting price at 1.7k psf, will go for other projs 300-500m away from MRT

- Forett: location is key. this area i believe is under Jurong GRC. Not the actual prime bukit timah area. again another area full of condos. come TOP, will you be competing with other new launches that TOPs as well? (daintree, Kismis, linq, etc). already debated in the Forett thread that this location is not near the Beauty World MRT.. only attraction will be the freehold status. historical value appreciation at this location will tell you the likely trend- stagnation
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Old 01-08-2020, 10:44 AM   #24
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Boss Ni, actually when i summarize these 3 proj, i will choose forett (if forced to) cuz near to the nice hawker- Bukit Timah Hawker Centre.. I'm one super foodie! so those good eating hawker spots are a natural attraction to me. lol

the caveat is that Forett MUST launch @ around 1.7k psf la (1750-1790)... not sure if this is close to the price for Clavon/Penrose.. but anything more like 1.9 to 2k psf then forget it..

If Clavon launch close to 1.6k maybe will add some brownie points..
Ultimately, it is always the price!
I’m very wary of forett because there’s already many case studies showing FH D21 condos are seeing a depression in price appreciation and rental. Of coz, if u buy for self stay, then it’s another story altogether.

I choose clavon on the basis clementi is a mature estate and the rental is doing relatively decent based on neighbouring transaction. But it’s still not something that one die die must buy unless the quantum/psf is more attractive than the other two.

I avoid penrose (if price at 1700psf) because it will go head on head with SUO (a relatively new condo where buyers enter at 13xxpsf). SUO buyers has first mover advantage and can still reap some profit...penrose buyers I’m not too sure if they can sell at 1900psf in the near future.
Furthermore, it’s situated next to expressway and surrounded by industrial area and not exactly very near to mrt.
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Old 01-08-2020, 10:45 AM   #25
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Read this news as well :
Close to 10% of Singapore mortgages, or over S$15b, under debt moratorium
That's nothing man, only 10% deferred only.

In 2008, market drop also 15-20%, and look where we are now? Even after so many rounds of CM.

I believe prices will remain stable for long run, u won't see the massive rise in prices but u also won't see a massive dip either.

And by prices going up, I mean quantum and not psf 😂
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Old 01-08-2020, 10:50 AM   #26
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I am sure there must be some ways builders or agents manipulate the trxns.

Then could u explain to me how come treasure, Parc clematis, Florence, jadescape all still moving steadily every month? Those ura data r fake transaction or gimmick?
Now that you said, I think there are possible ways to do so ... URA shows the trxns which are BOOKED, not which those which are completed. I am sure there must be some ways builders or agents manipulate the trxns.

example, one agent told me in the month of may that they have only 3 units left and if I want to be last few lucky ones ... I decided not to take it ... 2 months later he came back and said that 60 units left and constantly kept poking me if I want to view and grab one ..
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Old 01-08-2020, 10:50 AM   #27
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Using 2 bedder past 6 months rental trans:
Clement Canopy (OCR) > $2550-3600

Sims Urban Oasis (RCR) > $1500-3300 (non dual key unit type)

I choose clavon on the basis clementi is a mature estate and the rental is doing relatively decent based on neighbouring transaction. But itís still not something that one die die must buy unless the quantum/psf is more attractive than the other two.

I avoid penrose (if price at 1700psf) because it will go head on head with SUO (a relatively new condo where buyers enter at 13xxpsf). SUO buyers has first mover advantage and can still reap some profit...penrose buyers Iím not too sure if they can sell at 1900psf in the near future.
Furthermore, itís situated next to expressway and surrounded by industrial area and not exactly very near to mrt.
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Last edited by 1993newbie; 01-08-2020 at 10:54 AM..
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Old 01-08-2020, 10:53 AM   #28
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Correct, a friend bought Florence 2 bedder and was allowed to exercise option next June coz his current resale shoebox has yet reached 3 years SSD.

Florence unit was booked for him. No caveat yet.
Now that you said, I think there are possible ways to do so ... URA shows the trxns which are BOOKED, not which those which are completed. I am sure there must be some ways builders or agents manipulate the trxns.

example, one agent told me in the month of may that they have only 3 units left and if I want to be last few lucky ones ... I decided not to take it ... 2 months later he came back and said that 60 units left and constantly kept poking me if I want to view and grab one ..
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Old 01-08-2020, 10:58 AM   #29
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Now that you said, I think there are possible ways to do so ... URA shows the trxns which are BOOKED, not which those which are completed. I am sure there must be some ways builders or agents manipulate the trxns.

example, one agent told me in the month of may that they have only 3 units left and if I want to be last few lucky ones ... I decided not to take it ... 2 months later he came back and said that 60 units left and constantly kept poking me if I want to view and grab one ..
Hehe, 3 units left vs 60 units left is a huge discrepancy.
How on earth can he fake a data like this when everything nowadays is so transparent and information sources is so easily available.

Just curious, which project is this?
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Old 01-08-2020, 10:59 AM   #30
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Correct, a friend bought Florence 2 bedder and was allowed to exercise option next June coz his current resale shoebox has yet reached 3 years SSD.

Florence unit was booked for him. No caveat yet.
Yes, the reissuing.
I reissue 3 times waiting for my funds to come in after selling.
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