First day already 61%. In NG thread, NG just hit 50% some already celebrating
powerful la. I think likely all sold shortly. North Gaia really cui. Maybe the first EC that lose money. More cui than Ola
Is Singapore EC 100% sure in profit?No lah, at most tio gong Tao nia.
Anyway, how to loss money when buying EC, it’s just a question of which one earn more or which one earn lesser nia.
First EC owner I haven’t seen losses yet. Second owner yes.
North Gaia name is a mistake la. Is like don't want people to forget that it is located in the extreme north like that.
Cui means cui mah. You name it Sculptura Ardmore , Nassim Residences or simi Tower Sky residence also no point.
That’ll be great. Then the rest at 3k psf.
3k psf for GD, TC quite sad lah in 9yrs time. ~2% annualised gain nia
I won’t doubt this. If you have a Time Machine and you go back to 2008 and you tell ur family to buy EC, buy Amazon, Apple, Telsa. They will immediately tie u up and admit you to IMH.
Amazon and Apple is not difficult to buy in 2008 BUT it is extremely difficult to hold and do nothing till today.
Den 4k bro, 4k no one no like.3k psf for GD, TC quite sad lah in 9yrs time. ~2% annualised gain nia
First 4years no rental income somemore and pay interest
I think it make a lot of sense. EC is like a scheme to make ppl happy. Today if I sell you a BMW 7 series at $250k then tell u cannot tell ppl this is BMW but only can say this is BMX. Only 5 years later can say. Can ok? Quietly discount can? If don’t say, u can tell difference between Ec and Condo?I say just simply abolish EC like DBSS
No longer relevant in today’s market pricing and context.
Why should taxpayers subsidise higher income earners to stay in luxurious EC (essentially condo like facilities)?
Swee bor this argument?
Super miss bro carrot for his great insights. Haha!
if first EC owner that buy drop out units from developer? still can make money?
It depends when u buy and what is your entry price mah… if u first owner but bought later than those during launch day, your entry price will be higher than the launched day buyers
Read first...
Got it … I’m bad at history so were there any black swans in 2005? I have to assume that other properties would have made losses too
