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Old 28-03-2019, 09:37 PM   #316
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Hehe actually I not going there for breakfast, but it was a pleasant surprise to me that the treasure can move 272 units in one weekend, so I purposely detour there take a look and try understand some of its attributes.

I always like to reccee around to look for new/good projects, part of my weekend past time, hehe.
I was there during balloting.Quite crowded. Most people chiong for 1 bedder and 2 bedder. Really selling like hot cake. Confuse me got people choosing unit nearest to PIE also. Probably investors.

Also got some 3,4 and 5 bedder sold.

Unit facing the street 11 seems to be popular. My number is mid 100 so not sure how the distribution like afterwards.
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Old 28-03-2019, 10:00 PM   #317
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Thanks for the advice bro.

Arc@Tamp owners are only selling after MOP. If i buy resale there, what other HDB ruling still apply besides can not sell to foreigner? With the amount of ABSD, I wonder if any foreigner will buy also.

I am still new to the market and trying to understand the sentiment here. For me, Arc@Tampines is about 30+% cheaper than The Tapestry and location to me seems similar.

Few doubts :
1. Is the quality different between PC and EC? Heard some rumors but not sure.
2. Why would so people still prefer new launches and wait for 3+ years, rather than moving into a resale in a few months? It seems easier for upgrader /people selling off existing condo to buy a new one/people buying second condo and rent out the first one

Shed some light please?
I think for tapestry case, CDL bid the land higher than those condos around it like the alps so that’s y tapestry and other EC gaps are larger. The alps during launch was around 10xxpsf while tapestry price range was around 13xxpsf. Bigger unit (4/5 bedder) for tapestry is ard 11xxpsf
though.

Initially, many agents advertise tapestry by using Tampines court (now known as treasure) as an example by convincing the buyer that Tampines court land is 20-30% higher in psf. Thus, there’s some pple believe in it and bought tapestry because they think the new condo at Tampines court will launch at higher psf.
Never did they expect treasure was launched at 12xxpsf recently (which is lower than tapestry average psf) because Sim Lian tries to sardine pack 2203 units together and that’s y they can launch treasure at a lower psf.

The above summaries everything about tapestry and treasure.

I try to answer your qns according to what I know, other bros here can also shed some light:
1) the quality betw EC and PC are rather subjective. Usually, PC quality is better. However, If the EC was done by CDL or other more renowned developer, EC finishing can sometimes be better than PC. So the developer is an important factor. I have heard the most jialat case for EC is the canopy, they can even find more than 500 defects. The most jialat PC I also heard before, like the recent news in la fiesta case. So really depend on developer.

2) the advantage of buying new condo is because while waiting for your new condo to TOP, the bank will disburse loan in stages, so that u pay lesser first and have more time to save your fund/cash before u go into full monthly instalment when condo TOP. This helps u buy some time in accumulating your savings. Another reason of buying new condo is u start the lease fresh. Old condo will have shorter lease left. Sometimes if the condo is too old, u need to spend a lot of money to do the make over etc.
Of cos, some pple buy resale because they can’t afford to wait for 3 years for new condo to complete, especially for those who have no place to stay, they need to rent a place for 3 years. The 3 years rental can be quite substantial. The advantage of buying resale is u can move in immediately or rent out immediately (if u can find tenant) w/o waiting. But u need to service the loan in full immediately as well.
Like some has pointed out, if they find new launch price is much higher than the older condo (assuming both are in same location), some pple will prefer to buy older condo cos cheaper. But bear in mind the lease left will be shorter as well. So in short, there’s both pros and cons. U need to understand your needs first before deciding which option is best for you.

Cheers
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Old 28-03-2019, 10:02 PM   #318
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I was there during balloting.Quite crowded. Most people chiong for 1 bedder and 2 bedder. Really selling like hot cake. Confuse me got people choosing unit nearest to PIE also. Probably investors.

Also got some 3,4 and 5 bedder sold.

Unit facing the street 11 seems to be popular. My number is mid 100 so not sure how the distribution like afterwards.
Congrats
Got one bro here bought the 614sqft 2 bedder at around 8xxk, with two toilets. His 2 bedder is the rare type, only 23 units all at 12th floor.
Just curious, how many bedders u bought? Did u managed to get your choice unit? U got kenna ABSD?
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Old 28-03-2019, 10:27 PM   #319
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You can judge the quality yourself when you go viewing, take a look at the site plan and facilities.

If you're not very hard up on the area I would suggest you see the bunch of CDL condos at pasir ris, some of them should be around arc's price or slightly more expensive but they're private.

D'nest - a lot of greeneries very new
Palette - big project, confusing blocks but good layout
NV residences - layout abit crampish
Livia - gives a very homely feeling, try viewing at night
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Old 28-03-2019, 11:30 PM   #320
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I think for tapestry case, CDL bid the land higher than those condos around it like the alps so thatís y tapestry and other EC gaps are larger. The alps during launch was around 10xxpsf while tapestry price range was around 13xxpsf. Bigger unit (4/5 bedder) for tapestry is ard 11xxpsf
though.

Initially, many agents advertise tapestry by using Tampines court (now known as treasure) as an example by convincing the buyer that Tampines court land is 20-30% higher in psf. Thus, thereís some pple believe in it and bought tapestry because they think the new condo at Tampines court will launch at higher psf.
Never did they expect treasure was launched at 12xxpsf recently (which is lower than tapestry average psf) because Sim Lian tries to sardine pack 2203 units together and thatís y they can launch treasure at a lower psf.

The above summaries everything about tapestry and treasure.

I try to answer your qns according to what I know, other bros here can also shed some light:
1) the quality betw EC and PC are rather subjective. Usually, PC quality is better. However, If the EC was done by CDL or other more renowned developer, EC finishing can sometimes be better than PC. So the developer is an important factor. I have heard the most jialat case for EC is the canopy, they can even find more than 500 defects. The most jialat PC I also heard before, like the recent news in la fiesta case. So really depend on developer.

2) the advantage of buying new condo is because while waiting for your new condo to TOP, the bank will disburse loan in stages, so that u pay lesser first and have more time to save your fund/cash before u go into full monthly instalment when condo TOP. This helps u buy some time in accumulating your savings. Another reason of buying new condo is u start the lease fresh. Old condo will have shorter lease left. Sometimes if the condo is too old, u need to spend a lot of money to do the make over etc.
Of cos, some pple buy resale because they canít afford to wait for 3 years for new condo to complete, especially for those who have no place to stay, they need to rent a place for 3 years. The 3 years rental can be quite substantial. The advantage of buying resale is u can move in immediately or rent out immediately (if u can find tenant) w/o waiting. But u need to service the loan in full immediately as well.
Like some has pointed out, if they find new launch price is much higher than the older condo (assuming both are in same location), some pple will prefer to buy older condo cos cheaper. But bear in mind the lease left will be shorter as well. So in short, thereís both pros and cons. U need to understand your needs first before deciding which option is best for you.

Cheers
Congrats
Got one bro here bought the 614sqft 2 bedder at around 8xxk, with two toilets. His 2 bedder is the rare type, only 23 units all at 12th floor.
Just curious, how many bedders u bought? Did u managed to get your choice unit? U got kenna ABSD?
Thanks bro. You analysis is great.

I am looking at 3 bedder premium so the competition for me is not really there. I eyed on the stack in the middle of the project, can see the street 11 and probably the community club.

Other 3 bedder offers pool view but personally i dont like to be too close to the opposite block looking into other people's house all the time. Plus i think the middle block can see the pool also.

I noticed this few stacks are popular probably they share the same thoughts. I heard my choice stack mid to high floor sold 3-4 units during the launch.

However, I did not commit as the price is slightly above my exception, but yet considered okay when compared to The Tapestry or Coco Palm resale.
Also the design and quality of the showflat is quite average, although quite livable.

I am staying in a 2 bedder at central area right now, considered upmarket and done by renown developer so far i am quite happy with the quality and finishing. I also stayed in Tampines HDB for very long and happy too. So i guess i dont really have good sense in this.

My agent tried to convince me that suburb condo is similar and given the price tag i cant ask for too much....so i need to see a few more condo with my own eyes instead of jumping into conclusion.
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Old 28-03-2019, 11:56 PM   #321
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Thanks bro. You analysis is great.

I am looking at 3 bedder premium so the competition for me is not really there. I eyed on the stack in the middle of the project, can see the street 11 and probably the community club.

Other 3 bedder offers pool view but personally i dont like to be too close to the opposite block looking into other people's house all the time. Plus i think the middle block can see the pool also.

I noticed this few stacks are popular probably they share the same thoughts. I heard my choice stack mid to high floor sold 3-4 units during the launch.

However, I did not commit as the price is slightly above my exception, but yet considered okay when compared to The Tapestry or Coco Palm resale.
Also the design and quality of the showflat is quite average, although quite livable.

I am staying in a 2 bedder at central area right now, considered upmarket and done by renown developer so far i am quite happy with the quality and finishing. I also stayed in Tampines HDB for very long and happy too. So i guess i dont really have good sense in this.

My agent tried to convince me that suburb condo is similar and given the price tag i cant ask for too much....so i need to see a few more condo with my own eyes instead of jumping into conclusion.
Just to clarify, from what I read, u r currently staying in a 2 bedder condo and by the way, r u also holding on to a HDB?
What’s your main motivation of buying a new condo at suburb area since u mentioned u r now stay at a condo in The Central? Care to share what’s ur Budget?
If u decided to buy a suburb condo, are u intending to hold on your current property as well?
I’m asking cos I’m concerned on the ABSD u may incur if u decided to keep all.
u dun seems to look like a newbie in property
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Last edited by NiShiZhu; 29-03-2019 at 12:03 AM..
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Old 29-03-2019, 12:08 AM   #322
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Thanks bro. You analysis is great.

I am looking at 3 bedder premium so the competition for me is not really there. I eyed on the stack in the middle of the project, can see the street 11 and probably the community club.

Other 3 bedder offers pool view but personally i dont like to be too close to the opposite block looking into other people's house all the time. Plus i think the middle block can see the pool also.

I noticed this few stacks are popular probably they share the same thoughts. I heard my choice stack mid to high floor sold 3-4 units during the launch.

However, I did not commit as the price is slightly above my exception, but yet considered okay when compared to The Tapestry or Coco Palm resale.
Also the design and quality of the showflat is quite average, although quite livable.

I am staying in a 2 bedder at central area right now, considered upmarket and done by renown developer so far i am quite happy with the quality and finishing. I also stayed in Tampines HDB for very long and happy too. So i guess i dont really have good sense in this.

My agent tried to convince me that suburb condo is similar and given the price tag i cant ask for too much....so i need to see a few more condo with my own eyes instead of jumping into conclusion.
That is why one needs a clear mind when making such huge decision. I have met Ďroti prataíbefore. Kept pestering me to buy residential and when I showed them residential market is down, they flipped over Ď that is why you should sell all the residential you own and start buying commercialí. They flip and flop just hoping to catch some fish. So Beware when talking to people who are vested in your decision in their favour.
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Old 29-03-2019, 12:43 AM   #323
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Wondering any drop out?
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Old 29-03-2019, 08:03 AM   #324
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I try to answer your qns according to what I know, other bros here can also shed some light:
1) the quality betw EC and PC are rather subjective. Usually, PC quality is better. However, If the EC was done by CDL or other more renowned developer, EC finishing can sometimes be better than PC. So the developer is an important factor. I have heard the most jialat case for EC is the canopy, they can even find more than 500 defects. The most jialat PC I also heard before, like the recent news in la fiesta case. So really depend on developer.
Recently, there are quite a numbers of video found in utube posted by ppty agent on condo walk through, can be easier for buyer to view those pjt on wat kind of finishing they are using, not all PC are having same level of quality finishing.


2) the advantage of buying new condo is because while waiting for your new condo to TOP, the bank will disburse loan in stages, so that u pay lesser first and have more time to save your fund/cash before u go into full monthly instalment when condo TOP. This helps u buy some time in accumulating your savings. Another reason of buying new condo is u start the lease fresh. Old condo will have shorter lease left.
Bulk of the principal came after TOP and last 15%, by then 4 to 5 years had past, the remain years will absorb bulk of the loan. Yes, you have time to save up yr bullets, pro and con.
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Old 29-03-2019, 08:13 AM   #325
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I find that there is a gap between tampines and Pasir Ris. Even though they are just neighbours, Pasir Ris will need quite some time to, or even never able to match up with the popularity of tampines. With the announcement of the cross island line station and the sale tender beside Pasir Ris mrt Station, when realised, still not as attractive compared to tampines.

You can judge the quality yourself when you go viewing, take a look at the site plan and facilities.

If you're not very hard up on the area I would suggest you see the bunch of CDL condos at pasir ris, some of them should be around arc's price or slightly more expensive but they're private.

D'nest - a lot of greeneries very new
Palette - big project, confusing blocks but good layout
NV residences - layout abit crampish
Livia - gives a very homely feeling, try viewing at night
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Old 29-03-2019, 08:19 AM   #326
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Many agents here but none bother with my request.
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Old 29-03-2019, 09:46 AM   #327
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You can judge the quality yourself when you go viewing, take a look at the site plan and facilities.

If you're not very hard up on the area I would suggest you see the bunch of CDL condos at pasir ris, some of them should be around arc's price or slightly more expensive but they're private.

D'nest - a lot of greeneries very new
Palette - big project, confusing blocks but good layout
NV residences - layout abit crampish
Livia - gives a very homely feeling, try viewing at night

Maybe you can consider Ripple Bay. I feel the units there are well spaced out and the whole project is very spacious
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Old 29-03-2019, 09:53 AM   #328
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I find that there is a gap between tampines and Pasir Ris. Even though they are just neighbours, Pasir Ris will need quite some time to, or even never able to match up with the popularity of tampines. With the announcement of the cross island line station and the sale tender beside Pasir Ris mrt Station, when realised, still not as attractive compared to tampines.
Hehe I also noticed that.
Tampines seems like a more sought after area compared to Pasir Ris.
Perhaps itís also because Tampines got more amenities like the 3 big Malls, nice hawker food at round market and Blk 201. Tampines also have a few other attributes like offices (Cpf building, banks area), and also ikea, giant, courts.

Pasir Ris seems more like a quieter place with whitesand mall, though Pasir Ris also got nice food like drive 6, downtown east area.

Compared betw both, Pasir Ris is packed with many condos. Tampines more of ECs and DBSS around/near The Central part.
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Old 29-03-2019, 10:31 AM   #329
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Many agents here but none bother with my request.
Agent donít want to do free work for you. Later also no money pay comm damn headache one
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Old 29-03-2019, 10:42 AM   #330
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Agent donít want to do free work for you. Later also no money pay comm damn headache one
Agents all here talk until tiger come out chase dragon and cross all swords and shield pi pi pan pan every sparkling yet none of the agent willing to help a man who sincerely looking for a landed? I am asking for agent who can walk me through and helping me find a landed at my budget to fulfill my dream of owning a private property. Just help and not slashing part of their body what.
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