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Old 21-03-2019, 06:01 PM   #121
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Earn on paper nia. Buyers who sell now in this market and SSD is loss.
Kingsford Waterbay was launched back in 2015 at avg $1100psf.

Currently at avg $1400psf.

So buyers who bought in 2015 will be able to sell soon without inccuring any SSD, with potential profit of abt $300psf or 27% gain.

Last edited by aphel14; 21-03-2019 at 06:34 PM..
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Old 21-03-2019, 06:02 PM   #122
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I thought the concierge for The Tapestry also v good. I’m such a sucker for service. Lol
Do note that when new MCST is formed it can be removed if most residents think it's redundant or don't want to pay for it. Last time my relative bought an ulu condo because it had shuttle bus to MRT. Then he cursed and sweared when the new MCST voted to remove it because it was "too expensive" and it was not widely used.
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Old 21-03-2019, 06:04 PM   #123
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I did some digging and yes, it launched at $1,050 to $1,180psf
https://www.businesstimes.com.sg/rea...eekend-amended

No clue why people are buying at 1,3XXpsf for that kind of ulu location. Around it also got so many condos competing for tenants & buyers also.
I didn’t buy this project for the same reason cos of location and too many surrounding projects.
But different buyers different needs and Budget. Still will have supporters.
In Current market, 13xx psf at non fantastic location is the norm I Guess.
That’s y treasure launching 12xxpsf seems like a steal. Hehe

If got a choice, u think Sim Lian would want to build 2203 units? Haha, who ask them to enbloc the land 20-30% higher than tapestry site. Now bo Bian, need to squeeze in 2203 units to cover cost.
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Old 21-03-2019, 06:07 PM   #124
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Immediately think of the recently TOP Kingsford Waterbay...
Yup, Kingsford Waterbay is a good example.

Parc Riveria and High Park Residences too.
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Old 21-03-2019, 06:09 PM   #125
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Yup, Kingsford Waterbay is a good example.

Parc Riveria and High Park Residences too.
High Park Residences got doorstep LRT leh...
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Old 21-03-2019, 06:11 PM   #126
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I didn’t buy this project for the same reason cos of location and too many surrounding projects.
But different buyers different needs and Budget. Still will have supporters.
In Current market, 13xx psf at non fantastic location is the norm I Guess.
That’s y treasure launching 12xxpsf seems like a steal. Hehe

If got a choice, u think Sim Lian would want to build 2203 units? Haha, who ask them to enbloc the land 20-30% higher than tapestry site. Now bo Bian, need to squeeze in 2203 units to cover cost.
Developers confirm would want to max out the land space to make as much money bah... curious to see how a development with 2203 units look like though. It's like a mini city...
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Old 21-03-2019, 06:14 PM   #127
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1st round of cooling measures was implemented back in Feb 2010 and last year’s 5th July one was the 8th round.

But how have the prices been going?

See below chart (the part labelled 'Feb 2010' onwards) to form your own judgement as facts & figures don’t lie.



Its precisely the unique situation of Singapore that is conducive & attractive for property investments for locals & foreigners...

- Political stability (not a govt supporter, just calling a spade a spade)
- Economic stability
- Measures to keep market stable
- Tight quality control
- Limited land
- Population growth
- GDP growth etc

See: https://www.99.co/blog/singapore/sin...et-safe-haven/

Would you prefer a property market with more stable, sustainable growth / capital appreciation.... or a steep rollercoaster up & down, bubble forming & bursting, huge-risk, market-crashing type of environment?

Yes, might be a multi-millionaire in double quick time but can also be a bankrupt many times over.

How many can stomach this kind of gamble besides those who already having deep pockets to start with?

Hence, local properties are for those looking for a real physical asset (which can live in) to invest in that not only provide stable returns, but also beats inflation and having one of the lowest risk an investment can get.

If looking at higher returns (with higher risk of cos), better off to invest in stock & shares, options, trading, foreign currencies etc.
For those who r Long enough in property investment understands the rule of the game. They Know which project can buy, they study market trend, they are aware of the current land bid price and they make sure they have good holding power to ride the tides. though I must admit profit gain and rental are getting tougher. Unlike 2003 era.
But I rather it stays this way with CMs in place, keeping price in check and see gradual appreciation.
Roller coaster kind of scenario is bad for home owners and investors.

For those who don’t understand will keep complaining, wait and wait, try play smart and time the market.
Becos most don’t understand the law of inflation.
Thanks for your sharing, can’t agree more.
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Old 21-03-2019, 06:19 PM   #128
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High Park Residences got doorstep LRT leh...
True.

But many ppl stil hiam its just LRT, not MRT.
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Old 21-03-2019, 06:30 PM   #129
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True.

But many ppl stil hiam its just LRT, not MRT.
Back then, HPR and Parc rosewood 1 bedder starts from 398k.haha
I believe many pple are still waiting for history to repeat itself again.

I ask my colleague to buy HPR a few years back (that time she was looking to buy condo in Sengkang/Punggol area) and she told me she can still wait cos she believes price will drop further.
Now look at what happened, lol
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Old 21-03-2019, 06:44 PM   #130
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Back then, HPR and Parc rosewood 1 bedder starts from 398k.haha
I believe many pple are still waiting for history to repeat itself again.

I ask my colleague to buy HPR a few years back (that time she was looking to buy condo in Sengkang/Punggol area) and she told me she can still wait cos she believes price will drop further.
Now look at what happened, lol
I wanted to buy HPR also (but no ammo) because they were selling it at EC prices back then. What more doorstep LRT.

People saw a good bargain and it sold 1100/1390 units on launch day. It was a big deal back then. LOL. Good times...
https://www.straitstimes.com/singapo...ark-residences

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Old 21-03-2019, 06:58 PM   #131
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Projects launched in 2015 mostly appreciative quite decently. Poiz residences appreciate well too.

I wanted to buy HPR also (but no ammo) because they were selling it at EC prices back then. What more doorstep LRT.

People saw a good bargain and it sold 1100/1390 units on launch day. It was a big deal back then. LOL. Good times...
https://www.straitstimes.com/singapo...ark-residences
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Old 21-03-2019, 07:00 PM   #132
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Then she will unlikely going to buy one in future. Because price will still continue to go up slowly.

Back then, HPR and Parc rosewood 1 bedder starts from 398k.haha
I believe many pple are still waiting for history to repeat itself again.

I ask my colleague to buy HPR a few years back (that time she was looking to buy condo in Sengkang/Punggol area) and she told me she can still wait cos she believes price will drop further.
Now look at what happened, lol
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Old 21-03-2019, 07:01 PM   #133
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LRT is nothing great. It is just a feeder bus service.
And not every MRT is a good MRT.
MRT interchange is the next big thing.

True.

But many ppl stil hiam its just LRT, not MRT.
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Old 21-03-2019, 07:34 PM   #134
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Projects launched in 2015 mostly appreciative quite decently. Poiz residences appreciate well too.
Poiz residence was a good buy too. 14xx psf nia back then.
Now Parc colonial 17xxpsf
Woodleigh residence 21xx psf.
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Old 21-03-2019, 07:36 PM   #135
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Yea , back then parc and HPR launched from 398k. Now subsale HPR for
Studios sold at 480-515k.

Parc rosewood appreciated to 515-530k recently. Not so bad for these type of location. Furthermore Woodlands new MRT line opening soon. Parc rosewood located one bus stop away from one of the new mrt entrance or 5-7mins walk away.

Parc rosewood rental on average 1.5-1.7k for the 1 bedder.
Back then many play the wait and see game. Say ulu la , no potential la, bla bla bla

Back then, HPR and Parc rosewood 1 bedder starts from 398k.haha
I believe many pple are still waiting for history to repeat itself again.

I ask my colleague to buy HPR a few years back (that time she was looking to buy condo in Sengkang/Punggol area) and she told me she can still wait cos she believes price will drop further.
Now look at what happened, lol
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