8@BT

[jeffong]

Do you mean that RR and Linq should be roughly the same psf?

Well EC maintains that the premium for a freehold and a integrated project is roughly around 200 psf above a regular condo project in the same area.

 

[petetherock]

The showflat at east side. Location on west side. Huat ar!

I am thinking of two reasons:
Recycle an existing showrom?
Or avoiding showing the actual site since it's very close to the RR and Linq and you will see how close it is...

 

[Johnpierpontmorgan]

Do you mean that RR and Linq should be roughly the same psf?

RR and linq should theoretically trade at same psf when RR lease still has 80 and above years. After when the leasehold drops to 70 or less, linq should then trade with widening premium, subject to how linq condition and construction quality is when it’s 30 plus years old

 

[youskevitch]

RR and linq should theoretically trade at same psf when RR lease still has 80 and above years. After when the leasehold drops to 70 or less, linq should then trade with widening premium, subject to how linq condition and construction quality is when it’s 30 plus years old

Agree with this.

 

[youskevitch]

Well EC maintains that the premium for a freehold and a integrated project is roughly around 200 psf above a regular condo project in the same area.

Yes. I think 10 to 15 pct premium makes sense.

 

[LWZ]

I am thinking of two reasons:
Recycle an existing showrom?
Or avoiding showing the actual site since it's very close to the RR and Linq and you will see how close it is...

ya, there's a showroom along Guillemard Road that has been reused.

it was being used to promote Tedge, but now being recycled for another launch.

anyway, noticed Tedge has a Japanese-inspired pool...

 

[Johnpierpontmorgan]

Agree with this.

Didn’t know linq is integrated to mrt. Linq should be 15% more than RR. Both sheltered to mrt but one is FH

 

[petetherock]

RR and linq should theoretically trade at same psf when RR lease still has 80 and above years. After when the leasehold drops to 70 or less, linq should then trade with widening premium, subject to how linq condition and construction quality is when it’s 30 plus years old

Construction quality and also more importantly, maintenance..
So if RR MCST and the stores keep it in good shape, it will remain attractive despite it's age due to the combination of it being a transport hub and the location..
Add a few choice stores and it can be very exciting...

 

[youskevitch]

Didn’t know linq is integrated to mrt. Linq should be 15% more than RR. Both sheltered to mrt but one is FH

however, as earlier forumers pointed out, Linq is a boutique development with only ~ 120 units.
boutique developments usually are usually at a discount to larger developments
with 120 units, really limited facilities.

 

[Johnpierpontmorgan]

however, as earlier forumers pointed out, Linq is a boutique development with only ~ 120 units.
boutique developments usually are usually at a discount to larger developments
with 120 units, really limited facilities.

Every freehold these days also 150 units or less… freehold premium should skyrocket soon

 

[jouhyo]

Every freehold these days also 150 units or less… freehold premium should skyrocket soon

Freehold does not have lease decay but it has building decay. Not much building can last more than 100 years and not a lot of people want to stay in an old development.

 

[youskevitch]

Every freehold these days also 150 units or less… freehold premium should skyrocket soon

i prefer betting on location premium rather than FH premium

 

[youskevitch]

 

[petetherock]

8@BT Guide Prices
1 Bedroom
A1 - 517 sqft - #05-07 - 2660 psf - $1,375,220
A2 - 517 517 sqft - #05-06 - 2830 psf - $1,463,110

2 Bedroom
B2 - 732 sqft - #05-05 - 2620 psf - $1,917,840
B3 - 732 sqft - #05-08 - 2700 psf - $1,976,400

3 Bedroom
C2 - 1109 sqft - #05-04 - 2550 psf - $2,827,950
C3 - 1163 sqft - #10-04 - 2660 psf - $3,093,580

4 Bedroom
D1 - 1356 sqft - #10-02 - 2690 psf - $3,657,640

It makes the adjacent RR look good...

 

[DevilPlate]

8@BT Guide Prices
1 Bedroom
A1 - 517 sqft - #05-07 - 2660 psf - $1,375,220
A2 - 517 517 sqft - #05-06 - 2830 psf - $1,463,110

2 Bedroom
B2 - 732 sqft - #05-05 - 2620 psf - $1,917,840
B3 - 732 sqft - #05-08 - 2700 psf - $1,976,400

3 Bedroom
C2 - 1109 sqft - #05-04 - 2550 psf - $2,827,950
C3 - 1163 sqft - #10-04 - 2660 psf - $3,093,580

4 Bedroom
D1 - 1356 sqft - #10-02 - 2690 psf - $3,657,640

It makes the adjacent RR look good...

U don’t worry liao.

Those who bought RR at below 2400psf song song gao jurong

 

[petetherock]

U don’t worry liao.

Those who bought RR at below 2400psf song song gao jurong

I think generally, all developments in the area benefit..
Those on a higher floor at RR will have a good view, the lower units will have a nice psf, but no view.
The units on the ground floor were nice, one of the few developments with no PES.. but when I visited the Reef, it had a really nice resort vibe.. that may not be the case with the larger integrated type condos..

 

[oldchanggold]

Even EC jealous of RR buyers leh!

 

[Rxgn]

Reef already top?

 

[rlskyline]

when is this launching?

 

[youskevitch]

when is this launching?

Launch weekend should be this saturday