筍盤來了！！！Canninghill Piers

[Verghez]

Not likely. I think the talk of the town next year would be the Marina View site if priced reasonably.

Can lepak together with marina one.

But seriously though, i dunno yet, must go see more details and see final price haha

 

[CaptainSGP]

Like it or not, next year a lot of property discussions will be around Lentor & its 4 plots of land.

Action coming closer to home in 2022 !

Could be even more than 4, every round of gls seem to have a plot at Lentor

 

[Verghez]

Lol, lentor.

 

[LordEquniox]

happy new year!

 

[Gibbfa]

Any units moved in the last week of Dec ?

I believe will hit 90% by CNY

 

[LordEquniox]

any reports?

Any units moved in the last week of Dec ?

I believe will hit 90% by CNY

 

[LordEquniox]

anyone figured who bought the super penthouse yet?

 

[Gibbfa]

anyone figured who bought the super penthouse yet?

Heard it’s Singapore businessman

 

[Falafell]

Not likely. I think the talk of the town next year would be the Marina View site if priced reasonably.

I personally think JAB and Tanah Merah may see large interest from buyers.

 

[Passerboy]

I personally think JAB and Tanah Merah may see large interest from buyers.

Yes it definitely would, but in terms of sth iconic I think it would be Marina View. It is located in CCR, with the GSW story and with 905 expected units large enough size development, it would be the talk of the town.

JAB and Tanah Merah sites would be more like Penrose and Clavon, huge interest from first time buyers and upgraders for a decently priced product.

 

[sellipad2]

both appeal to different profile to buyers, one is for upgrader the other is investor, think JAB, Tanah merah, and marina take up will be decent since there are not many iconic launches for this year. Also will depend on which is first to launch as the sentiment and take up rate will impact next in line.

Not sure if JAB will be decently priced though, based on my observation UOL always set fair pricing which follow their land acquisition price, examples are Clavon and Principal garden. FEO i have never seen them launching at at fair value before, let alone cheap. They have a habit of setting record as new kid on block ever since they built up their brand.

Personally i prefer marina if its for investment, since the rental yield likely to hit 3-4%

 

[Gibbfa]

both appeal to different profile to buyers, one is for upgrader the other is investor, think JAB, Tanah merah, and marina take up will be decent since there are not many iconic launches for this year. Also will depend on which is first to launch as the sentiment and take up rate will impact next in line.

Not sure if JAB will be decently priced though, based on my observation UOL always set fair pricing which follow their land acquisition price, examples are Clavon and Principal garden. FEO i have never seen them launching at at fair value before, let alone cheap. They have a habit of setting record as new kid on block ever since they built up their brand.

Personally i prefer marina if its for investment, since the rental yield likely to hit 3-4%

Will CHP be 3-4% rental yield as well?

 

[sellipad2]

Will CHP be 3-4% rental yield as well?

personally i dont think so, for rental yield to be high, either the rent move up or price goes down. Most of the projects around CBD has 3.5-4% yield because their psf went down to 1.8-2k. With CHP at average $3K PSF rental yield will probably be around 2.5-2.8% even if rent psf fetches a premium

 

[NiShiZhu]

Rental and cap appreciation is usually inversely proportional to each other. See seahill as case study, and also Geylang properties.

 

[daheigou999]

Yes it definitely would, but in terms of sth iconic I think it would be Marina View. It is located in CCR, with the GSW story and with 905 expected units large enough size development, it would be the talk of the town.

Try Fuji Xerox enbloc It has the same story, but FH as well

 

[Gibbfa]

Try Fuji Xerox enbloc It has the same story, but FH as well

I don’t like Shenton Way. Too overcrowded. One bernam didn’t perform well too.
Let’s see Fuji xerox launch px

 

[daheigou999]

I don’t like Shenton Way. Too overcrowded. One bernam didn’t perform well too.
Let’s see Fuji xerox launch px

Just need to add a premium to Sky Everton's launch price

Since it has the additional "mixed" element and located within CBD

 

[belgarathc]

I don’t like Shenton Way. Too overcrowded. One bernam didn’t perform well too.
Let’s see Fuji xerox launch px

I dont like that it is facing the highway and the tall buildings are so close to each other.

 

[daheigou999]

I dont like that it is facing the highway and the tall buildings are so close to each other.

Don't think the high floor units will be within reach for most

 

[dareaper]

both appeal to different profile to buyers, one is for upgrader the other is investor, think JAB, Tanah merah, and marina take up will be decent since there are not many iconic launches for this year. Also will depend on which is first to launch as the sentiment and take up rate will impact next in line.

Not sure if JAB will be decently priced though, based on my observation UOL always set fair pricing which follow their land acquisition price, examples are Clavon and Principal garden. FEO i have never seen them launching at at fair value before, let alone cheap. They have a habit of setting record as new kid on block ever since they built up their brand.

Personally i prefer marina if its for investment, since the rental yield likely to hit 3-4%

Rental yield on Marina View will depend very much on how small IOI will build the units. The increased TDSR will likely influence them to build smaller compared to Marina One, where the smallest one bedder is 657 sqft.

If Marina One sustain the average 2.4K psf in 2022 post CM, it's hard to see IOI pricing Marina View below average 2.6K - 2.7K psf since the lease is 10 years newer than Marina One. Might be challenging to get 3% rental yield at this pricing unless rental further increase.

Someone also mentioned white sites have 7 years to complete development after successful bidding (not sure how accurate this is), but if this is the case, then can almost do 2 x 3 years SSD flipping before Marina View can be rented out