Copen Grand EC

[Versus13]

dua neh or small neh. But it’s the neh. So confirm will sell very well


Parc Greenwich lor. Near Lentor. Don’t know sold out liao or not lol.

Parc Greenwich sold out longtime ago. Now only left North Gaia with available units. TENET should be selling fast once opens up for 2nd timer.

 

[moneyspinner]

ECs are bargain future PCs with generous subsidies from the government for those who qualify!

 

[elvintay07]

Maybe read too much hwz for Florence, people here were very bearish due to location so thought can aim fire sale. What surpried me was In the end it hit $2.1k psf and their subsales average $200-300k profit.

Serious bo? Who buy at $2.1k psf? Like that make Ola looks dirt cheap.

 

[elvintay07]

ECs are bargain future PCs with generous subsidies from the government for those who qualify!

I read and watch contradicting views from above YouTube video lei. It say expensive wor. Maybe you can elaborate further to help potential buyers here

 

[sellipad2]

Serious bo? Who buy at $2.1k psf? Like that make Ola looks dirt cheap.

S$ 1,384 - S$ 2,106 psf / S$ 1,741 psf​

Edgeprop range. Didnt know Hougang so popular, no MRT within walking distance somemore

 

[elvintay07]

S$ 1,384 - S$ 2,106 psf / S$ 1,741 psf​

Edgeprop range. Didnt know Hougang so popular, no MRT within walking distance somemore

Ya. Ulu and connected by bus. They claim future maybe got mrt at Paya Lebar airbase

 

[sellipad2]

Another youtube star commenting on unwise decision to buy CG EC, seem like a broad majority have been shouting at the risks of record EC prices..of course except EC

 

[moneyspinner]

I read and watch contradicting views from above YouTube video lei. It say expensive wor. Maybe you can elaborate further to help potential buyers here

There are always contrarian views that's what make up the market. To each his own. Only time will tell who is correct.

 

[Perishable]

What’s so reckless about buying an ec at 1.3k-1.4k psf with 30-50% downpayment? Reminder that max loan for ec is about 1million assuming msr income cap of 16k, so those buy 1.9m-2m EC are paying a downpayment of a cool 1million cash/cpf. (unless show funds or something else, but that means these guys are super cash rich).

private condo new launch starting from 1.8-2k psf.

On the contrary, it’s prudent to buy ec now compared to the alternative.

 

[Perishable]

EC is meant to cater to the sandwich class of hdb upgraders.

A lot of people are jealous that EC buyers are infact allowing the upper middle or higher class, people who can make downpayment of 1million for the bigger 4-5bedder, profitting off subsided ECs.

that’s another discussion altogether.

 

[cyberklan]

imo, at the end of the day, it’s their money. I recall very clearly what my parents taught me…

when it comes to me:
“….u be humble, don’t be arrogant…remember who u r, don’t lose yourself…”

when it comes to others who flaunt:
“…well they r rich..or they are clever.. so they have the right to show…”

 

[elvintay07]

EC is meant to cater to the sandwich class of hdb upgraders.

A lot of people are jealous that EC buyers are infact allowing the upper middle or higher class, people who can make downpayment of 1million for the bigger 4-5bedder, profitting off subsided ECs.

that’s another discussion altogether.

Ppl only see part of the equation. They forgot to see someone who has shares (dividend can be substantial) and big bonuses. I think they may up the ceiling soon. But don’t know when

 

[windwaver]

imo, at the end of the day, it’s their money. I recall very clearly what my parents taught me…

when it comes to me:
“….u be humble, don’t be arrogant…remember who u r, don’t lose yourself…”

when it comes to others who flaunt:
“…well they r rich..or they are clever.. so they have the right to show…”

Your parents are very wise.

 

[delfina]

Another youtube star commenting on unwise decision to buy CG EC, seem like a broad majority have been shouting at the risks of record EC prices..of course except EC

This “YouTube star” install curtain over a wall

 

[sellipad2]

This “YouTube star” install curtain over a wall

how you know is wall and not windows? Wonder why its necessary when wall looks fine.

 

[page||]

EC is meant to cater to the sandwich class of hdb upgraders.

A lot of people are jealous that EC buyers are infact allowing the upper middle or higher class, people who can make downpayment of 1million for the bigger 4-5bedder, profitting off subsided ECs.

that’s another discussion altogether.

Jelly then have to work harder/ smarter/ longer…

 

[Perishable]

Jelly then have to work harder/ smarter/ longer…

The rich get richer as they invest smarter.

rest who can’t afford 1m down payment have to work harder and longer.

such is life

 

[Perishable]

EC is meant to cater to the sandwich class of hdb upgraders.

A lot of people are jealous that EC buyers are infact allowing the upper middle or higher class, people who can make downpayment of 1million for the bigger 4-5bedder, profitting off subsided ECs.

that’s another discussion altogether.

Government already clam down on the bto lottery effect and the million dollar hdb issue with the introduction of PLH.

Won’t surprise me to see tweaks to EC coming soon to curtail this huge downpayment requirement issue, in additional to rising the income ceiling to 18k.
How exactly, not sure but some ideas:
1) scrap the EC scheme
2) increase MOP like PLH
3) similar crawl back profits like PLH
4) restricting size/quantum in view of income ceiling of ec requirement
5) sale of ec to only ec eligible buyers like PLH

faster buy the current EC scheme, I think it’s coming to an end soon. If this does happen, existing resale EC prices will chiong even further

 

[SKinny86]

This “YouTube star” install curtain over a wall

Imo he is pretty legit though. You should see his endowus amount and he is transparent about it.

 

[momoeagle]

The rich get richer as they invest smarter.

rest who can’t afford 1m down payment have to work harder and longer.

such is life

Some of the crypto bros told me that when they put in Anchor Protocol

But now they need to work harder and longer.

Such is life.