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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 39.13%
Forrett 10 21.74%
Clavon 18 39.13%
Voters: 46. You may not vote on this poll

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Old 01-08-2020, 11:00 AM   #31
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Iím very wary of forett because thereís 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 itís 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 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.
exactly my sentiments bro.
Clavon in clementi... hmm, the clementi hawker centre got great food as well! lol

penrose is out for me too... unless they launch at 1.4-1.5k psf to rival SUO's earlier pricing which we all know is impossible.
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Old 01-08-2020, 11:05 AM   #32
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Arrow

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?
TAPESTRY
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Old 01-08-2020, 11:12 AM   #33
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TAPESTRY
Tapestry is about 90 % plus sold already.
Two of my colleagues bought there.

Normally after booking a unit, if one decided not to exercise, he would be forfeited 1.25%.
I donít see the point wasting such money if one is not sincere in buying.
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Old 01-08-2020, 11:18 AM   #34
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Tapestry is about 90 % plus sold already.
Two of my colleagues bought there.

Normally after booking a unit, if one decided not to exercise, he would be forfeited 1.25%.
I don’t see the point wasting such money if one is not sincere in buying.
Thats right ... But imagine if developers have tie-ups, one developers can help to have the trxns to others and but actually no physical buys so no money loss, but trxn numbers in URA :-) These are the ways builders fooling customers

again 90 % sold is advertised by them. .... they can again come back next month with 30 units left :-)
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Old 01-08-2020, 11:25 AM   #35
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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...
Ahaha... Forett psf starts from 18xxpsf... that’s what I heard. Average psf imo will be around 1900 - 2000psf

Last edited by Ohw123; 01-08-2020 at 11:28 AM..
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Old 01-08-2020, 11:28 AM   #36
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Ahaha... Forett psf starts from 18xxpsf... thatís what I heard. Average psf should be around 2000psf
What is the breakeven price of FORRET?
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Old 01-08-2020, 11:28 AM   #37
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Forett lah.. surround by condo not HDB
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Old 01-08-2020, 11:32 AM   #38
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What is the breakeven price of FORRET?
The land psf if Iím not wrong is around 1100psf. If add approx 500-550psf (construction, marketing, legal, admin, taxes, design, etc) will be around 16xxpsf breakeven. If Forett launch at 1700psf, Daintree, View At Kismis etc will be in deep trouble liao.
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Old 01-08-2020, 11:35 AM   #39
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Quantum wise. For $8xxk, only can get 1+study in Forett but can get 2 bedder in View @ Kismis. Canít get anything in Daintree.

Which will be better rental? Disregard FH/LH.
A 2 bedder or a 1+Study will fetch better rental? Hmmm
The land psf if Iím not wrong is around 1100psf. If add approx 500-550psf (construction, marketing, legal, admin, taxes, design, etc) will be around 16xxpsf breakeven. If Forett launch at 1700psf, Daintree, View At Kismis etc will be in deep trouble liao.
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Old 01-08-2020, 11:48 AM   #40
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Quantum wise. For $8xxk, only can get 1+study in Forett but can get 2 bedder in View @ Kismis. Canít get anything in Daintree.

Which will be better rental? Disregard FH/LH.
A 2 bedder or a 1+Study will fetch better rental? Hmmm
Definitely the LH one bro, leasehold usually gives a better rental yield compared to their FH counterpart. What I meant abt ďDaintree, V at Kismis, etc in troubleĒ is that they are selling at 1650 - 1700psf average. If Forett sells at 1700psf (which is impossible) they will definitely have a hard time selling. Daintree, V at Kismis got their land at a high psf, anymore decrease in price will definitely result to them eating into their already quite small profit margin. Cause which would you get? Forett at 1700psf or Daintree at 1700psf? Thatís what I meant
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Old 01-08-2020, 12:11 PM   #41
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Definitely the LH one bro, leasehold usually gives a better rental yield compared to their FH counterpart. What I meant abt ďDaintree, V at Kismis, etc in troubleĒ is that they are selling at 1650 - 1700psf average. If Forett sells at 1700psf (which is impossible) they will definitely have a hard time selling. Daintree, V at Kismis got their land at a high psf, anymore decrease in price will definitely result to them eating into their already quite small profit margin. Cause which would you get? Forett at 1700psf or Daintree at 1700psf? Thatís what I meant
good ma.. that give the other 2 condos a run for their money!
imagine forett launching at 1750psf! bookings full for 2 weeks straight!
like what robydjrsg said in the "Buy forett or penrose?" thread:
//
Dont buy anything ,,, wait for the price collapse ... Its coming
//
then this Might Happen lor...

i will look elsewhere leh.. nothing attractive for Forett.. i think D3 Stirling still most attractive right bro Ohw123 ?
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Old 01-08-2020, 12:22 PM   #42
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@passerboy who created this poll.
It would Be interesting if u could have made this poll transparent so I can view difference broís personal preference and understand their train of thoughts in choosing which one to buy
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Old 01-08-2020, 12:23 PM   #43
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Iím using the HWZ app on phone. Canít see any pool tho. Lel

@passerboy who created this poll.
It would Be interesting if u could have made this poll transparent so I can view difference broís personal preference and understand their train of thoughts in choosing which one to buy
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Old 01-08-2020, 12:27 PM   #44
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@passerboy who created this poll.
It would Be interesting if u could have made this poll transparent so I can view difference broís personal preference and understand their train of thoughts in choosing which one to buy
How to do that ah? Haha it took me very long to figure out how to make this poll even.
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Old 01-08-2020, 12:37 PM   #45
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How to do that ah? Haha it took me very long to figure out how to make this poll even.
Hehe canít change Liao I think
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