Antares vs Penrose

[NiShiZhu]

Penrose punctured Liao?

 

[CaptainSGP]

Penrose punctured Liao?

Most recent sales were 3 4b units sold last Fri. Propertyinvestor40 stopped providing updates ??

 

[tomason]

Penrose left 48 units as per last week
My friend was considering Antares 3 bedroom (dual key) and Penrose and i heard him mention Penrose still left with 48

 

[NiShiZhu]

Despite being an RCR selling at OCR price, but not quite reflecting the popularity among buyers to buy the bigger units and set up a family there.

 

[CaptainSGP]

Despite being an RCR selling at OCR price, but not quite reflecting the popularity among buyers to buy the bigger units and set up a family there.

Cos right beside expressway ? I wouldn’t want to set up family here cos of proximity to Geylang.

Smaller units very attractive for investors. N almost all snapped up on launch day.

 

[NiShiZhu]

Cos right beside expressway ? I wouldn’t want to set up family here cos of proximity to Geylang.

Smaller units very attractive for investors. N almost all snapped up on launch day.

Not just the expressway, the surrounding is depressing

 

[ThinkCarefully]

Penrose left 48 units as per last week
My friend was considering Antares 3 bedroom (dual key) and Penrose and i heard him mention Penrose still left with 48

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That’s >90% sold !

###

 

[variablepax]

Cos right beside expressway ? I wouldn’t want to set up family here cos of proximity to Geylang.

Smaller units very attractive for investors. N almost all snapped up on launch day.

I think two factors can explain how Antares caught up at least in terms of % sold. No doubt Penrose has sold more quantity of units.

1) price increase since PR8 - suspect Penrose increased its psf prices more than Antares, at least in terms of % marginally which then diminishes the attractiveness of Penrose. If at a slightly higher price, can avoid living besides expressway and 1min to MRT buyers will think long and hard.

2) 3 BR for antares have dual key concept. Provides flexibility for buyers compared to Penrose which is a normal 3BR.

 

[scanner007]

I think two factors can explain how Antares caught up at least in terms of % sold. No doubt Penrose has sold more quantity of units.

1) price increase since PR8 - suspect Penrose increased its psf prices more than Antares, at least in terms of % marginally which then diminishes the attractiveness of Penrose. If at a slightly higher price, can avoid living besides expressway and 1min to MRT buyers will think long and hard.

2) 3 BR for antares have dual key concept. Provides flexibility for buyers compared to Penrose which is a normal 3BR.

Good analysis sharing.
Better than just making sweeping statement without in-depth/2nd level thinking.

 

[NiShiZhu]

I think two factors can explain how Antares caught up at least in terms of % sold. No doubt Penrose has sold more quantity of units.

1) price increase since PR8 - suspect Penrose increased its psf prices more than Antares, at least in terms of % marginally which then diminishes the attractiveness of Penrose. If at a slightly higher price, can avoid living besides expressway and 1min to MRT buyers will think long and hard.

2) 3 BR for antares have dual key concept. Provides flexibility for buyers compared to Penrose which is a normal 3BR.

One near landed and hawker, the other near expressway and industrial park.
Antares nearer mrt also.
plus expresswayinvestor40 didn’t buy enough units to hit 100% sell out.

 

[Entity]

saw this news in CNA today..
https://www.channelnewsasia.com/cna...h-thats-potentially-problem-singapore-2350251

 

[propertyinvestor40]

One near landed and hawker, the other near expressway and industrial park.
Antares nearer mrt also.
plus expresswayinvestor40 didn’t buy enough units to hit 100% sell out.

Very soon aljunied paya lebar kallang will fly. Let’s see who has the last laugh.
Your ocr resale still cmi nishizhu. Haha

 

[NiShiZhu]

Very soon aljunied paya lebar kallang will fly. Let’s see who has the last laugh.
Your ocr resale still cmi nishizhu. Haha

But my cmi ocr already fully sold
What took ur penrose so long huh?

 

[kwleesg]

antares left 1 unit, penrose 7 units.

 

[NiShiZhu]

antares left 1 unit, penrose 7 units.

You don’t say like that, wait expresswayinvestor cannot Tahan

 

[kwleesg]

antares left 1 unit, penrose 7 units.

antares - 1
penrose - 4

will penrose come from behind?

 

[NiShiZhu]

antares - 1
penrose - 4

will penrose come from behind?

Antares was one of the poor performing projects during its era. Surprise now it overtakes penrose after so much drumming up by expresswayinvestor40.

 

[Cryophoenix]

Antares is near circuit road (aka aljunied zap lao) with history of rental flats and gangsterism.

 

[kwleesg]

https://www.channelnewsasia.com/com...re-exists-across-within-neighbourhoods-826136
How do we mitigate the challenges linked to economic disparities between and within neighbourhoods?

Across neighbourhoods, there are policies to ensure that there is a healthy mix of residents from diverse background, like the co-location of rental and the bigger HDB units. There is also considerable attention to provide a wide range of quality amenities in various corners of the island.

 

[Gibbfa]

59/265

Recent 2 bedder sold at about $1600

Very cheap.