Clavon@Clementi

[Laneige]

Really?

Honestly not for me, price wise, if u want sell in future break even around 1.9k psf, the quantum will be quite out of reach unless all the Clementi bto can sell at 1M

Ya psf 1.5k n above similar to Parc Clementis.
The comparison will come when both top. See the SHY is make it or break it. Wondering how’s their resort beach concept
Not sure if Govt expecting hdb to keep ongoing for 1m resale. That’s not a gd news for 2nd hand buyer

I only know units so near r v prone to air pollution
The newest n the condo next to it used to be white paint if not wrong, seem liked v fast become grey or looks dirty n now the Color is grey or something.... The amount of unhealthy air .. try to buy air purifier

Wondering who r buying the smaller units. R they for own stays or investment

 

[saintgtril]

Hi NiShiZhu, thanks for your insight. In your opinion, what are the real good deals you have came across so far? It could be projects that you did buy, you did not buy for some reasons. Tapping onto your experience, i am just curious what are these real good deals that have been launched? Thanks!

Hehe, clavon and penrose same concept, if bought at 14xx-15xxpsf still got meat.
17xxpsf not much meat unless one is very confident an OCR (not near mrt) to Chiong to 19xxpsf in 3 years time. But what about other districts which is more prime? Does price Chiong that much?
Can also ask bro newbie whether I make sense to have a more balance view. Lol.
Don’t get me wrong, I never say clavon no good. But every project has a price tag. 17xxpsf is a little too high for clavon when clement canopy is about $2xxpsf cheaper and is still relatively new.
Hehe, I’m neither optimistic or pessimistic, just being realistic.

Nevertheless, I still like to laugh at those who shouting for crash everyday coz I know after 9 rounds of CMs, this will never happen again. Gradual future price appreciation in property?.....yes. Longer time horizon to see price appreciation?....yes. Would I continue to park my money in property? Yes...provided must see a real good deal.

 

[ThinkCarefully]

Hehe, u will be surprise how naive some edmwers who still Harbour the thought price will go back to the past with major correction.

I had seen real price correction in 2008/2009 where cosmo, caspian and 8@woodleigh are really sold at dirt cheap price during launch in 2008. My point is with 9 rounds of CM after 2011, it is no longer realistic to lament and expect for a major price correction like before.
This would also mean our crystal ball will only get tougher over times as recent new launches are hardly cheap anymore due to increasing land bid cost, construction cost. Pple r still buying and had set a new benchmark for new launches. This would mean decent cap gain in 3-5 years time for recent new launches will only gets tougher as well.
To identify the real gem in resale and make a killing in 3-5 years time requires another skill set known as “due diligence”.

###

Exactly.

I used to find 5 to 10 ‘gems’ every month from late 2010 to 2012. And those days, no absd, tdsr and what not.

These days, I am lucky if I can find five ‘gems’ in five years..

Due diligence just got harder.. more due and more diligence required...

###

 

[NiShiZhu]

Hi NiShiZhu, thanks for your insight. In your opinion, what are the real good deals you have came across so far? It could be projects that you did buy, you did not buy for some reasons. Tapping onto your experience, i am just curious what are these real good deals that have been launched? Thanks!

Shared before already, decent ones.
1) seaside residence at 16xxpsf for 2 bedder sea facing unit, 9th/10th floor, Launch in 2017.
2) the M, esp those below 1 mil studio unit or those bought at 21xxpsf.
3) poiz residence, 13xxpsf at Potong Pasir, mix development next to mrt.
4) landmark esp those bought at 19xxpsf.
5) one north eden...depends on its psf.

Worst buy in 2020, the linq, 22xxpsf-24xxpsf, launch in 2020. Penrose at 17xxpsf, launch in 2020.

Don’t take it too seriously, just take it with a pinch of salt.
Ps, don’t ask this kinda qns here anymore, will piss some pple.

 

[19931993]

Shared before already, decent ones.
1) seaside residence at 16xxpsf for 2 bedder sea facing unit, 9th/10th floor, Launch in 2017.
2) the M, esp those below 1 mil studio unit or those bought at 21xxpsf.
3) poiz residence, 13xxpsf at Potong Pasir, mix development next to mrt.
4) landmark esp those bought at 19xxpsf.
5) one north eden...depends on its psf.

Worst buy in 2020, the linq, 22xxpsf-24xxpsf, launch in 2020. Penrose at 17xxpsf, launch in 2020.

Don’t take it too seriously, just take it with a pinch of salt.
Ps, don’t ask this kinda qns here anymore, will piss some pple.

Seaside residence is good. Landmark, wont those 19xx psf be CTE facing (noise, less ideal facing)? How about Penrose? Why is it not inside?

 

[19931993]

Sorry saw that you wrote Penrose already! Quite surprised

 

[NiShiZhu]

Sorry saw that you wrote Penrose already! Quite surprised

Penrose at 14xx-15xxpsf still got meat. Same for clavon.
17xxpsf too high for both.

For self stay, penrose is never in my consideration. Why would I want to stay in somewhere surrounded by seas of industrial estates and expressway?
This is like total downgrade in terms of lifestyle.
Anyway it just me, that’s y I say don’t take my word too seriously.

 

[Passerboy]

Penrose at 14xx-15xxpsf still got meat. Same for clavon.
17xxpsf too high for both.

For self stay, penrose is never in my consideration. Why would I want to stay in somewhere surrounded by seas of industrial estates and expressway?
This is like total downgrade in terms of lifestyle.
Anyway it just me, that’s y I say don’t take my word too seriously.

Got one more bro: Fourth Avenue Residences at 20-21xxpsf! D10 beside MRT.. considered?

 

[NiShiZhu]

Got one more bro: Fourth Avenue Residences at 20-21xxpsf! D10 beside MRT.. considered?

The one bedder at 9xxk in FAR make daintree one bedder also at 9xxk look like a..... err haha, u know what I mean

 

[halfnode]

how about krhr compared to clavon?

 

[beccaberry]

Hello.... anyone knows what brand the acoustic ceiling is?

 

[gonewiththesmart]

units facing AYE or HDB more favourable by
Buyers?

 

[Rxgn]

units facing AYE or HDB more favourable by
Buyers?

Although is due to personal preferance... so u can see from sales launch results.. north and south also sold a lot..

Sent from Samsung SM-A705MN using GAGT

 

[ThinkCarefully]

The one bedder at 9xxk in FAR make daintree one bedder also at 9xxk look like a..... err haha, u know what I mean

###

Actually, my consideration for ‘investable’ buys are very similar to yours.
1. No, no to highway facing
2. No, no to known blocked views
3. No, no to high price, ‘with no meat’
Etc

In fact, those you mentioned ‘no meat’ or you would not touch, I did not even bother about... hehe... give me a five.

Again, this is what I do if it were my money... the rest, no comment.

Whether others jump into the sea, boiling water or swimming pool has no bearing on my consideration.

If say more, will ‘piss off’ some.

###

 

[jc_zone]

Although is due to personal preferance... so u can see from sales launch results.. north and south also sold a lot..

Sent from Samsung SM-A705MN using GAGT

Seems like whether facing AYE or not is not the main concern, price is still the main deciding factor i guess.

Quote:
By looking at Canopy recent resale transactions, all the latest 4 transactions made promising profits (10% to 15%) in short span of 3 years. Among the 4 transactions, is a 710psf, 2 bedders (highway facing unit) units transacted at $1,230,000 in Dec'19. The owner made a profit of $110,440 ($1.23mil - $1.044mil purchase price - $26,360 Buyer's Stamp duty - $49,200 Seller Stamp duty). Not bad, huh! For making a decent profit of $110k despite holding the property for less than 3 years.

Unquote

Source: https://goforthbethel.blogspot.com/2020/12/is-there-still-strong-demand-for.html

 

[saintgtril]

Hey NiShiZhu & ThinkCarefully, thanks for sharing your thoughts. My personal view is i am here to learn from the experience ones like you guys. Some people might take these views seriously and may be bothered when these views differ from their view. I am more inclined to read with an open mind; part of learning, isn' it?

For these real good deals, it takes one to know:

1. what projects are these good deals (we might know, we might not know)
2. how to secure these good deals (luck, connection maybe?)

That is what some of us are here for. I suggest we create a separate thread for real good deals.

Shared before already, decent ones.
1) seaside residence at 16xxpsf for 2 bedder sea facing unit, 9th/10th floor, Launch in 2017.
2) the M, esp those below 1 mil studio unit or those bought at 21xxpsf.
3) poiz residence, 13xxpsf at Potong Pasir, mix development next to mrt.
4) landmark esp those bought at 19xxpsf.
5) one north eden...depends on its psf.

Worst buy in 2020, the linq, 22xxpsf-24xxpsf, launch in 2020. Penrose at 17xxpsf, launch in 2020.

Don’t take it too seriously, just take it with a pinch of salt.
Ps, don’t ask this kinda qns here anymore, will piss some pple.

###

Actually, my consideration for ‘investable’ buys are very similar to yours.
1. No, no to highway facing
2. No, no to known blocked views
3. No, no to high price, ‘with no meat’
Etc

In fact, those you mentioned ‘no meat’ or you would not touch, I did not even bother about... hehe... give me a five.

Again, this is what I do if it were my money... the rest, no comment.

Whether others jump into the sea, boiling water or swimming pool has no bearing on my consideration.

If say more, will ‘piss off’ some.

###

###

Exactly.

I used to find 5 to 10 ‘gems’ every month from late 2010 to 2012. And those days, no absd, tdsr and what not.

These days, I am lucky if I can find five ‘gems’ in five years..

Due diligence just got harder.. more due and more diligence required...

###

 

[NiShiZhu]

Clavon if get at 14xx-15xxpsf still quite reasonable, given its proven rental and sales transaction in the nearby vicinity.

 

[sft1393h]

Clavon if get at 14xx-15xxpsf still quite reasonable, given its proven rental and sales transaction in the nearby vicinity.

You are looking at the resale transactions of Clementi to derive $14xx-15xxpsf. Lets take TCC as an example, TCC was launched at $12xxpsf back then. Now at $14xxpsf-$15xxpsf, the owners are profitting.
I believed that when TCC launch, you are comparing Trilinq which was $1000-1100psf or even 100trees, so TCC is considered as expensive back then.
And that's how the 3 words "早知道" are form.

 

[NiShiZhu]

You are looking at the resale transactions of Clementi to derive $14xx-15xxpsf. Lets take TCC as an example, TCC was launched at $12xxpsf back then. Now at $14xxpsf-$15xxpsf, the owners are profitting.
I believed that when TCC launch, you are comparing Trilinq which was $1000-1100psf or even 100trees, so TCC is considered as expensive back then.
And that's how the 3 words "早知道" are form.

The trillinq is never in my comparison, it didn’t sell well in the beginning. It’s sale in 2015/2016 wasn’t impressive until there’s some reduction in price later to clear units iirc.

I’m more of looking at the current market climate and recent condos new launch price.
If linq can hit 22xxpsf-24xxpsf, clavon at 14xx-15xxpsf not reasonable?

 

[sft1393h]

The trillinq is never in my comparison, it didn’t sell well in the beginning. It’s sale in 2015/2016 wasn’t impressive until there’s some reduction in price later to clear units iirc.

I’m more of looking at the current market climate and recent condos new launch price.
If linq can hit 22xxpsf-24xxpsf, clavon at 14xx-15xxpsf not reasonable?

oh, so the $14xx-15xxpsf quoted was not a calculated or statistic figures by analyst but solely based on self assumptions?