Copen Grand EC

elvintay07

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Wow 100% sold. Fastest selling ec in recent years!
Cooling measures, msr, high interest rates, recession, Singaporeans no fear, ready cash available.

congrats to all buyers! Huat big after mop for sure
In reality, totally no problem. Only those doomsayers think got problem. They themselves are in trouble hence they think whole Singapore is in trouble. Sat and Sun just go Takashimaya walk walk and use eyes to see. Don’t read a few newspaper/ internet articles then sit at home shout recession.
 

bujingyun82

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In reality, totally no problem. Only those doomsayers think got problem. They themselves are in trouble hence they think whole Singapore is in trouble. Sat and Sun just go Takashimaya walk walk and use eyes to see. Don’t read a few newspaper/ internet articles then sit at home shout recession.

just came back from mid-valley southkey mall. The mall built for Singaporeans. Today packed with Singaporeans all shopping and buying and eating like nobody’s business.
 

moneyspinner

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Launch price of Copen Grand at $1,300 psf vs launch price of private condo currently at $2,000 psf. Buyers of the EC can net at least $700 psf after 10 years and this hasn't taken into account the grants received from the government. This is a sure money venture!
 

Cryophoenix

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ECs are the BTO equivalent for condos. Heavily subsidized with govt grants and below market price - not sold out then I worry.
 

elvintay07

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ECs are the BTO equivalent for condos. Heavily subsidized with govt grants and below market price - not sold out then I worry.
Launch price of Copen Grand at $1,300 psf vs launch price of private condo currently at $2,000 psf. Buyers of the EC can net at least $700 psf after 10 years and this hasn't taken into account the grants received from the government. This is a sure money venture!
Some ppl say $1300psf EC may not make money wor. Serious like BTO? Haha
 

yun10

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Not sure why lei. Even Ola surrounded by 3 other ECs can sell. Can someone enlighten us? Haha. Will NG be the first EC to lose money?

Thinking NG and CG the price like similar. Like buying things u put them side by side, price close & similar, I think copen more attractive.

Copen sales so good, I was thinking if NG pricing instead has made CG attractive. Then now, I think Tenet can also price higher?

Maybe until everything become more expensive or nothing else left, the NG price will become attractive ba. When you have CG and Tenet similar pricing side by side with NG, people maybe will still consider.

I no expert, just simple simple layman thinking only.
 

cyberklan

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Thinking NG and CG the price like similar. Like buying things u put them side by side, price close & similar, I think copen more attractive.

Copen sales so good, I was thinking if NG pricing instead has made CG attractive. Then now, I think Tenet can also price higher?

Maybe until everything become more expensive or nothing else left, the NG price will become attractive ba. When you have CG and Tenet similar pricing side by side with NG, people maybe will still consider.

I no expert, just simple simple layman thinking only.
Tenet sales will be almost sold out on launch day as parents will support first time buyers (buy now, pay back later :p)
 

moneyspinner

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Launch price of Copen Grand at $1,300 psf vs launch price of private condo currently at $2,000 psf. Buyers of the EC can net at least $700 psf after 10 years and this hasn't taken into account the grants received from the government. This is a sure money venture!
To be sure, this computation also hasn't taken into account the implied rental saved for staying in the unit for 10 years and the opportunity cost on the mortgage loan taken on the EC.
 

moneyspinner

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ECs is gift from the government to encourage Singaporeans to upgrade if you can afford to do so. Generally, the net gain after 10 years should be much better than a HDB BTO in absolute terms.
 

holasingapura

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Launch price of Copen Grand at $1,300 psf vs launch price of private condo currently at $2,000 psf. Buyers of the EC can net at least $700 psf after 10 years and this hasn't taken into account the grants received from the government. This is a sure money venture!
Which PC launch is this at tengah?
 

elvintay07

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I am more inclined towards the rich and poor gap getting wider. As in lesser and lesser can afford private because the rate of increase is alarming. But can still get typical BTO.
I am referring to the new PC launch price in general across Singapore currently for OCR. Examples are Amo Residence and Lentor Modern.
 
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