Forett

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holasingapura

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dumbothecute said:
Yes. But if the tenant pool is leaving ccr and going rcr and ocr

Then that means ccr has no tenant. Either zero tenant or low rental yield

I mean ccr won't die la
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Expats will only move to OCR if the rents are cheaper there. CCR is still their no.1 choice if within their means. So don't expect rents at CCR drop so much to be too close to OCR. Likewise, don't expect OCR rental to increase much.
 
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frigatex

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Forever84 said:
Well, Toh tuck for forett is sometimes more ex than Bukit timah 😅, so no price premium there when comparing the 2
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Comparing new launches (cos we know prices for new launches are unfairly elevated):
Forett (FH) - 1.9 to 2k psf based on data others posted here

Mayfair (LH) - 1.9k psf, depending on whether it's the cheaper gardens or more expensive modern

4th ave (LH) - 2.3k psf (almost 2.4k) on launch, recently then price lowered? 4th ave does have the mrt at doorstep going for it, but really nothing much else. It's also carved out from a strangely shaped piece of land, layout even more crammed than forett.

Not trying to defend any of these properties, but psychologically I think the premium in "real" BT is still in the minds of many. I'm just questioning whether it makes sense.
 
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sinequa88

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on second thoughts, the earlier promotions on FAR for 1 bedders being less than 1mil looks quite attractive now. although if one is buying for investment i'm not sure that area is an expat magnet - its not exactly near to the CBD. that FAR area is more lifestyle than business.


only issue is that the whole bukit timah hasnt really seen much of condos in the 2xxx psf area - and lets not even break down further whether its the real bukit timah or the... not so bukit timah
 
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Okuhida

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frigatex said:
Comparing new launches (cos we know prices for new launches are unfairly elevated):
Forett (FH) - 1.9 to 2k psf based on data others posted here

Mayfair (LH) - 1.9k psf, depending on whether it's the cheaper gardens or more expensive modern

4th ave (LH) - 2.3k psf (almost 2.4k) on launch, recently then price lowered? 4th ave does have the mrt at doorstep going for it, but really nothing much else. It's also carved out from a strangely shaped piece of land, layout even more crammed than forett.

Not trying to defend any of these properties, but psychologically I think the premium in "real" BT is still in the minds of many. I'm just questioning whether it makes sense.
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Why do you think Fourth Avenue’s layout is more cramped than Forett? I went to look at it earlier, most of the units are actually not looking into the neighbours’ house unlike Forett...
 
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drkcynic

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Actually I don't get these expensive 1 bedders.

Who are going to rent them with the ang mos community dwindling in numbers? They in fact love big units more.

Now the strongest renter profile are the Indians and they don't rent 1 bedders too, especially not at these prices.

So these thousands and thousands of 1 bedders rent to whom?
 
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frigatex

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Okuhida said:
Why do you think Fourth Avenue’s layout is more cramped than Forett? I went to look at it earlier, most of the units are actually not looking into the neighbours’ house unlike Forett...
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Due to the proximity of the blocks. I dont feel it is much better looking at the walls or AC ledges of nearby blocks, even if not facing the balcony of another block. These days many tend to put up zip blinds in their balconies anyway.

For the pool facing units of 4th ave, it is about the same as forett. In fact it's 4 blocks facing a common courtyard. Not sure if it's any better.
 
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Okuhida

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frigatex said:
Due to the proximity of the blocks. I dont feel it is much better looking at the walls or AC ledges of nearby blocks, even if not facing the balcony of another block. These days many tend to put up zip blinds in their balconies anyway.

For the pool facing units of 4th ave, it is about the same as forett. In fact it's 4 blocks facing a common courtyard. Not sure if it's any better.
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Haha not sure if we are talking about the same development. Fourth Ave Residences next to Sixth Avenue MRT, that triangular plot of land. Most of the units are not directly facing another block, so let alone the AC ledges of another block. Compare that to Forett I think that is a big difference. Anyway it doesn’t matter to me it’s just something I observe while I was there.

As for the premium address, I think it is no question people look at Bukit Timah as an expensive residential area whether or not you actually want to live there. Toh Tuck is not Bukit Timah and don’t have that premium image. In terms of daily amenities it is also not any better than Bukit Timah. If they are the same price, I think it is a no-brainer.
 
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frigatex

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Okuhida said:
Haha not sure if we are talking about the same development. Fourth Ave Residences next to Sixth Avenue MRT, that triangular plot of land. Most of the units are not directly facing another block, so let alone the AC ledges of another block. Compare that to Forett I think that is a big difference. Anyway it doesn’t matter to me it’s just something I observe while I was there.

As for the premium address, I think it is no question people look at Bukit Timah as an expensive residential area whether or not you actually want to live there. Toh Tuck is not Bukit Timah and don’t have that premium image. In terms of daily amenities it is also not any better than Bukit Timah. If they are the same price, I think it is a no-brainer.
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Yes we are talking about the same thing, no doubt. Seems like you've been to the showflat? Any pics to share would be appreciated.

As I last clarified, pool facing units for 4th ave, distance to next block not great either. Non pool facing units, if your consideration is only whether you're facing another balcony then it's down to personal preference perhaps. When looking out of the balcony, you dont just look dead ahead right? The adjacent block is no doubt close.

Also, on about premium, 4th ave being LH surrounded by FH developments in a "premium" location would be a factor to consider as well. But that's for another thread perhaps.
 
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dumbothecute

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I thought ocr rent has always been cheaper than ccr?

I mean when expats are dwindling, they will still choose ccr like what you say.

Ccr won't let the place vacant, they might lower the price to attract tenant


holasingapura said:
Expats will only move to OCR if the rents are cheaper there. CCR is still their no.1 choice if within their means. So don't expect rents at CCR drop so much to be too close to OCR. Likewise, don't expect OCR rental to increase much.
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sinequa88

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prices are slated to go up 1% tomorrow

(by removing the so called 1% earlybird discount)

huat ah QJ!
 
NiShiZhu

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sinequa88 said:
prices are slated to go up 1% tomorrow

(by removing the so called 1% earlybird discount)

huat ah QJ!
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U sure or not? Still increased by 1%? Fake news is it?
Got one joker say very confidently will be down by 40-50% leh. :D
 
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sinequa88

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NiShiZhu said:
U sure or not? Still increased by 1%?
Got one joker say very confidently will be down by 40-50% leh. :D
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haha quite sure bro, agent show me message one.


down 40-50% ar... maybe the number of units left to book down 40-50%? haha :D:D
 
NiShiZhu

NiShiZhu

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sinequa88 said:
haha quite sure bro, agent show me message one.


down 40-50% ar... maybe the number of units left to book down 40-50%? haha :D:D
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Without the knowledge and understanding of CMs, common sense became uncommon for some jokers. :D

Thus, read my signature :D
 
NiShiZhu

NiShiZhu

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Ohw123 said:
How bout mine :s13:
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U study hard, save hard and invest hard.
Don’t be like some beh Gan naysayer, keep thinking of picking up cheap durian without putting in effort by talking down 40-50% drop in every forum. :D
 
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