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Old 12-01-2021, 01:12 PM   #931
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PARK PLACE, another one bedder resold.
$950k


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Old 14-01-2021, 09:17 AM   #932
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PARK PLACE, another one bedder resold.
$950k

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Old 14-01-2021, 10:05 AM   #933
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Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.
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Old 14-01-2021, 12:55 PM   #934
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Block 906, basic structure stack finish till top floor lo.


Waiting for bus, so kaypo abit la hor.



From mrt

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Old 14-01-2021, 02:14 PM   #935
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Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.
Not worth the risk imo. But i tend to think some of them sold it on different circumstances.
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Old 14-01-2021, 02:19 PM   #936
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Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.
No, unless youíre an agent yourself or if you managed to skim off comm kickbacks
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Old 14-01-2021, 06:36 PM   #937
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Which is why if many bros think even the profit is not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? Iím not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further
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Old 14-01-2021, 06:39 PM   #938
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Which is why if u think itís not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? Iím not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further
You mean Linq canít exit at 3k psf in 3 years time??
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Old 14-01-2021, 06:47 PM   #939
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You mean Linq canít exit at 3k psf in 3 years time??
Eh bro, donít set me up ok. I never say that hor
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Old 14-01-2021, 07:01 PM   #940
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Which is why if many bros think even the profit is not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? Iím not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further
On the flip side, there are these projects whose entry price seems ďsaferĒ

- Penrose at 14-15xxpsf
- Clavon at 15xxpsf
- Tre Ver at 14-16xxpsf
- Stirling Res at 14-16xxpsf
- Parc Esta at 15-16xxpsf

Think these entry prices for the above projects should still see some profits if exit in the next 3-5 years.
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Old 14-01-2021, 07:14 PM   #941
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On the flip side, there are these projects whose entry price seems “safer”

- Penrose at 14-15xxpsf
- Clavon at 15xxpsf
- Tre Ver at 14-16xxpsf
- Stirling Res at 14-16xxpsf
- Parc Esta at 15-16xxpsf

Think these entry prices for the above projects should still see some profits if exit in the next 3-5 years.
Yap, the above are unlikely to make losses. But would the profit be so attractive to take the risk as well?
The interesting part is many bros feel it’s not worth the risk to pay PPR at 18xxpsf (which yields about 130k profit) but on the other hand, many r still willing to pay more for projects at inferior location or projects that’s not even near amenities/mrt.
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Old 14-01-2021, 07:21 PM   #942
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On the flip side, there are these projects whose entry price seems ďsaferĒ

- Penrose at 14-15xxpsf
- Clavon at 15xxpsf
- Tre Ver at 14-16xxpsf
- Stirling Res at 14-16xxpsf
- Parc Esta at 15-16xxpsf

Think these entry prices for the above projects should still see some profits if exit in the next 3-5 years.
i think awhile back at fourth avenue residences, the 1/2 bedder got some at 21xx psf - i feel those are decent deals as well. just that it seems younger generation favour newton and bugis area rather than bukit timah, thus not much potential hdb upgraders may look there also
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Old 14-01-2021, 07:26 PM   #943
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i think awhile back at fourth avenue residences, the 1/2 bedder got some at 21xx psf - i feel those are decent deals as well. just that it seems younger generation favour newton and bugis area rather than bukit timah, thus not much potential hdb upgraders may look there also
While the units at Four Avenue Residences at 21xxpsf are safe, itís upside is less as compared to The M Bugis at the same psf, as I feel Bugis has a lot of room for growth with Shaw Towers upcoming and Guocoland Midtown projects.

But I would think FAR at 21xxpsf is way safer than say Park Colonial, Woodleigh Residences or Avenue South Residences at that psf cos itís part of D10. Itís always a comparison of this to that. But one need to bear in mind that if u enter at 21xxpsf ur exit would need to be 23xxpsf or even 24xxpsf for the smaller units which could be alittle ďpushing the upper limitĒ of what one can accept.
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Old 14-01-2021, 07:29 PM   #944
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Yap, the above are unlikely to make losses.
The interesting part is many bros commented itís not worth the risk to pay PPR at 18xxpsf (which yields about 130k profit) but on the other hand, many r still willing to pay more for projects at inferior location or projects thatís not near amenities/mrt.
I just cannot phantom why ppl would pay 23xxpsf for Woodleigh Residences over 18-19xxpsf for Park Place Residences. Think Polar Bear once mentioned these are the fengshui units but I doubt the best fengshui can help these buyers exit at 25xxpsf in future. If it does, all the older condo in Woodleigh would have huge enbloc potential.
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Old 14-01-2021, 07:36 PM   #945
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I just cannot phantom why ppl would pay 23xxpsf for Woodleigh Residences over 18-19xxpsf for Park Place Residences. Think Polar Bear once mentioned these are the fengshui units but I doubt the best fengshui can help these buyers exit at 25xxpsf in future. If it does, all the older condo in Woodleigh would have huge enbloc potential.
To pay 3mil plus for park colonial 5 bedder is a big question mark in the first place. Let’s see how the buyer exit.
With quantum of 3 mil plus, I don’t need to settle for park colonial, even if it has the best fengshui
I’m basically spoilt with choices.
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