Forett

[Ohw123]

Here I am, at Al-Azhar... Soaking in the Beauty World vibes....

You are at beauty world now? Me parents and I went there just now for lunch. A lot of nice food there

 

[NiShiZhu]

Perhaps, this reflects the underlying sentiment that you don’t agree? Hahaha. Don’t need to agree. Just watch. Not only east people are rich

Hehe not about which district rich which district poor.
East side also has its fair share of oversupply.
Flora drive is a classic example.
Pasir Ris groove with 5 plots of CDL LH condos sitting on FH land is another example,


I prefer to speak the truth than sugar coat my words

 

[aiyahwhatever]

You are at beauty world now? Me parents and I went there just now for lunch. A lot of nice food there

Omg I like the food at beauty world hawker centre

 

[Ohw123]

Here I am, at Al-Azhar... Soaking in the Beauty World vibes....

Ehhh... but according to your insta you’re at Jewel Changi leh not Beauty World

 

[1993newbie]

Ahhh speaking of transformation.
Bedok south will also have ITH development.

Bayshore/Bedok South Area will have 8 residential plots(mixture of Public & Private dev) & 1 Integrated plot!

 

[1993newbie]

Was at jewel. I travel east west north south one le. Paiseh le, u disclose so much about me Lel.

I not influencer le

Ehhh... but according to your insta you’re at Jewel Changi leh not Beauty World

 

[Ohw123]

You can always make your own conclusion. But what I have said is nothing controversial; for maximum profit, you have to be in before, and not after an announcement, that much is clear. I don't admit to knowing in details of the D21 transformation, but I believe some announcement was made in 2018-2019? The whole batch of new launches came after, in 2019-2020.

The whole premise of your argument is that the developers are benevolent entities who will leave behind some meat for their buyers to make some money. I choose to believe the opposite. I guess that is why you seem like you would consider Forett and I wouldn't which is perfectly fine.

Alot of buyers like to do double counting in their mind. When some transformations are announced, the prices are already increased by developers or resellers to take this into account.

Then the buyers come along and buy, expecting ANOTHER round of increase due to the same transformation to give them the profits.

It simply doesn't work that way. You buy when nothing is announced, not after.

Hello, don’t really agree with your point. Developers price based on breakeven price + margin (which may partially consider upside from initial transformation blueprint announcement) but buyers expect price capital appreciation based on further firming up of the blueprint and also the transformations being fully realised and people can visibly see and tangibly experience the transformation, plus any future transformations to be announced potentially. So no real double counting imo.

seahweiming, this article by Stacked https://stackedhomes.com/editorial/case-study-on-the-downtown-line/#gs.fcauuh proves drkcynic is correct.

 

[aiyahwhatever]

seahweiming, this article by Stacked https://stackedhomes.com/editorial/case-study-on-the-downtown-line/#gs.fcauuh proves drkcynic is correct.

Actually hor... if someone can “predict” or just hengheng buy something before anything is announced... and then “transformation” happens, logically - this should bring more upside.

Some people just have more foresight or more luck

 

[xirodspace]

Hehe not about which district rich which district poor.
East side also has its fair share of oversupply.
Flora drive is a classic example.
Pasir Ris groove with 5 plots of CDL LH condos sitting on FH land is another example,

I prefer to speak the truth than sugar coat my words

Lol the undisputed “truth” holy grail voice of the forum has spoken again.
Yeah oversupply everywhere to u la. Even in the face of strong (and increasing) demand and property upgraders across West and east (as seen from past few months of strong non-landed private property sales), so long as there are empty units unsold, it’s oversupply to u. U suggesting that Govt never do homework keep tendering out multiple land plots without expectations of corresponding population growth? U suggesting that Developers will price their bids not doing homework on competing surrounding developments supply or potential buyer receptiveness to their sales pricing? U suggesting that URA/BCA should not plan years in advance to manage projected residential trends in each area?

 

[NiShiZhu]

Lol the undisputed “truth” holy grail voice of the forum has spoken again.
Yeah oversupply everywhere to u la. Even in the face of strong (and increasing) demand and property upgraders across West and east (as seen from past few months of strong non-landed private property sales), so long as there are empty units unsold, it’s oversupply to u. U suggesting that Govt never do homework keep tendering out multiple land plots without expectations of corresponding population growth? U suggesting that Developers will price their bids not doing homework on competing surrounding developments supply or potential buyer receptiveness to their sales pricing? U suggesting that URA/BCA should not plan years in advance to manage projected residential trends in each area?

Hehe, Don’t be ignorant la, since when Govt tender out so many land in D21? Don’t u not know many of these sites in D21 are the results of enbloc sales during euphoric times? Just to name you a few:
Mayfair garden and modern (Former mayfair enbloc site), the linq (Former Goh and Goh building), ki residence (former brookvale park), forett (former goodluck garden), view@kimis (former kimis view enbloc site).....

That’s why an insecure buyer like u have to constantly guarding your turf w/o understanding the background facts and probably didn’t even do enough homework to understand the oversupply situation in D21 is due to euphoric enbloc sales instead of Govt tendering out these lands non stop. Thus, resulting the govt to introduce 2018 CM to clamp down on all these enbloc sales by slapping the developer with ABSD deadline.

Hehe, sorry to say this but I can tell that u know nothing about property
Did u even think through before u comment which sites are released by govt vs the total number of enbloc sites in D21?

Oh on a side note, u should also pray that penrose to launch higher than 17xxpsf onwards or else your daintree entry pricing may eventually turn out to be a fallen tree pricing

 

[NiShiZhu]

You can always make your own conclusion. But what I have said is nothing controversial; for maximum profit, you have to be in before, and not after an announcement, that much is clear. I don't admit to knowing in details of the D21 transformation, but I believe some announcement was made in 2018-2019? The whole batch of new launches came after, in 2019-2020.

The whole premise of your argument is that the developers are benevolent entities who will leave behind some meat for their buyers to make some money. I choose to believe the opposite. I guess that is why you seem like you would consider Forett and I wouldn't which is perfectly fine.

Hehe bro, sometimes we need winners and losers in property investment. I suddenly realise that it may not be necessary to reveal too much truth Coz the truth always hurts for minority of the non receptive ones.

As said before, pple who bought D21 for valid family reasons are always priceless and we congrats them. Usually time is on their side when they r not in hurry to sell or rent out.
However if bought for Investment reason.....hmm... u know, I know, bro newbie knows the answer

Number of bros here r quite actively vested in more than one property but it doesn’t mean we have to come here and sugar coat every projects to hype up our property price. Neither we need to cry Armageddon everyday shouting 40-50% crash in price. The property trend at current is simple, if buy the right project at right price, u should see gradual growth over the years with decent rental returns and rentability, if buy the wrong project at wrong price, u will take decades to breakeven and many months of your unit being left vacant with no tenants. These are the opportunity cost we talking about.

Bro newbie and myself had duly pointed out the oversupply situation due to high number of enbloc sites in D21, hefty price tag at near 2kpsf in D21, and instead of saying D21 is undergoing major transformation, bro newbie has also rightly pointed out (from masterplan) to illustrate it looks more like upgrading and rejuvenation rather than transformation. Rental yield data from per sq foot has also been plucked out to illustrate mediocre rental yield in D21.

Property investment is not as easy as what was like in the past anymore. In 2003-2005, u anyhow buy will also make money. At times like this esp when we in midst of covid/recession, it requires more due diligence and homework done on buyers’ part. That said, many of us still have faith in our property market and that’s the reason why many bros here continued to stay vested

Cheers and happy hunting for your next investment unit

 

[bujingyun82]

Woah... typed so long and serious at 5.15am.. can’t sleep?

 

[NiShiZhu]

Woah... typed so long and serious at 5.15am.. can’t sleep? ������

Hehe, the one who can’t sleep is probably the one who needs to defend his turf at 2.47am.
I sleep very early and very well Everyday

 

[drkcynic]

Hehe bro, sometimes we need winners and losers in property investment. I suddenly realise that it may not be necessary to reveal too much truth Coz the truth always hurts for minority of the non receptive ones.

As said before, pple who bought D21 for valid family reasons are always priceless and we congrats them. Usually time is on their side when they r not in hurry to sell or rent out.
However if bought for Investment reason.....hmm... u know, I know, bro newbie knows the answer

Number of bros here r quite actively vested in more than one property but it doesn’t mean we have to come here and sugar coat every projects to hype up our property price. Neither we need to cry Armageddon everyday shouting 40-50% crash in price. The property trend at current is simple, if buy the right project at right price, u should see gradual growth over the years with decent rental returns and rentability, if buy the wrong project at wrong price, u will take decades to breakeven and many months of your unit being left vacant with no tenants. These are the opportunity cost we talking about.

Bro newbie and myself had duly pointed out the oversupply situation due to high number of enbloc sites in D21, hefty price tag at near 2kpsf in D21, and instead of saying D21 is undergoing major transformation, bro newbie has also rightly pointed out (from masterplan) to illustrate it looks more like upgrading and rejuvenation rather than transformation. Rental yield data from per sq foot has also been plucked out to illustrate mediocre rental yield in D21.

Property investment is not as easy as what was like in the past anymore. In 2003-2005, u anyhow buy will also make money. At times like this esp when we in midst of covid/recession, it requires more due diligence and homework done on buyers’ part. That said, many of us still have faith in our property market and that’s the reason why many bros here continued to stay vested

Cheers and happy hunting for your next investment unit

Haha I try to help the new birds abit, like how some of you old birds have helped me. But I realised many people always get very personal, so always kenna attacked for no reason.

I cut out many comments and toned down alot already, so as not to hurt people's feelings. I don't quite understand how people who can afford properties in 18xx psf can be so insecured and so easily butthurt. I always thought expensive properties are for the big boys.

 

[Passerboy]

Haha I try to help the new birds abit, like how some of you old birds have helped me. But I realised many people always get very personal, so always kenna attacked for no reason.

I cut out many comments and toned down alot already, so as not to hurt people's feelings. I don't quite understand how people who can afford properties in 18xx psf can be so insecured and so easily butthurt. I always thought expensive properties are for the big boys.

Haha true. I think all of us don’t wanna lose money. There is no sure win in the market even a good location condo can have stagnated or lower than norm prices. I pointed out Eight Riversuites previously - considerably good location in my opinion but it’s resale prices hover about 14-15xxpsfonly with possibly stunted growth in future transactions yet compared to say Florence Residences at 15xxpsf still seeing good volume in terms of sales or the Panorama (newer) in the resale market about 14-15xxpsf. One can only wonder why sometimes.

But if they can afford to buy, they should be able to afford the risk imo. Even for myself personally, I build in a “stop loss” price similar to stock market haha..

 

[holasingapura]

But if they can afford to buy, they should be able to afford the risk imo. Even for myself personally, I build in a “stop loss” price similar to stock market haha..

Hahaha. All your recommendations gone case.

 

[Passerboy]

Hahaha. All your recommendations gone case.

Bro, if u want to invest u must be able to accept risk. U think every development is an Apple or Google share? I also highlighted Eight Riversuite below where I am perplex why it’s growth ain’t doing as well and u gave ur inputs previously. So good for u. But similarly if u are not willing to take risk, FD is a better option.

 

[drkcynic]

Bro, if u want to invest u must be able to accept risk. U think every development is an Apple or Google share? I also highlighted Eight Riversuite below where I am perplex why it’s growth ain’t doing as well and u gave ur inputs previously. So good for u. But similarly if u are not willing to take risk, FD is a better option.

What were the inputs on eight riversuites? Imo, the prices is stunted because of the number of FHs condo in D12. There are many smaller density FHs with a lower psf than ER. But in terms of proximity to MRT and a development with full condo facilities in that area, there is no better.

Interesting you brought up ER though.

 

[Passerboy]

What were the inputs on eight riversuites? Imo, the prices is stunted because of the number of FHs condo in D12. There are many smaller density FHs with a lower psf than ER. But in terms of proximity to MRT and a development with full condo facilities in that area, there is no better.

Interesting you brought up ER though.

My inputs were positive, but acc to our bearish hola her’s weren’t, so it forced me into a relook and I am still puzzled. Like you, I also agree the ÈR is a good development, near to city, ok walk to MRT, mature estate w HDB transacted above a mil, but I noted the prices there to be pretty depressed.

In my inputs below I state 14-15xxpsf avg for ÈR too high ah? Or is it 12-13xxpsf now?

 

[holasingapura]

My inputs were positive, but acc to our bearish hola her’s weren’t, so it forced me into a relook and I am still puzzled. Like you, I also agree the ÈR is a good development, near to city, ok walk to MRT, mature estate w HDB transacted above a mil, but I noted the prices there to be pretty depressed.

If only your input for ER was simply positive, it would be fine. However, you misled the readers here into thinking ER was reselling for much higher that it is, just like what you did for northpark and others.

Thats how the price is like for the area. Without the sky high new launch prices, it is actually nothing puzzling.

Hahaha.... "bearish hola". My objective was only to correct your fake news, which is becoming way too frequent. You better exercise some care before posting... Hopefully, they were genuine mistakes and not done on purpose.