Guoco Midtown

[Passerboy]

Friend got a 160 ballot number... Huat ah!

Huat ah! Ur friend eyeing a small or big unit?

 

[holasingapura]

1129 cheques, estimating a 25% conversion rate makes it about 300 units sold. Wondering what is Luc777 ballot number..

So many cheques. Each person how many minutes to sign? Should be more time than normanton?

 

[holasingapura]

Friend got a 160 ballot number... Huat ah!

Nowadays buy condo like buying bto flat. Only difference is that BTO selection not squeeze in 1 single day.

 

[holasingapura]

107 sales listings for DUO.

Already quite hard for Duo studios/1 bedders to exit at $1.1xm. With the supply of 1 bedders from THE M, MIDTOWN BAY & MTM adding on to the supply. Wonder how will these studios/1 bedders fair in resale market? Hmmmmm

NO FEAR!

STI up up !
COE up up !
GDP expected up to +6% in 2021 .
And you expect Singapore private property prices to dive ?

Come on ........

 

[bujingyun82]

Likely 1 bedder.. for investment.. but also depends on actual pricing on Saturday

Huat ah! Ur friend eyeing a small or big unit?

 

[Passerboy]

NO FEAR!

STI up up !
COE up up !
GDP expected up to +6% in 2021 .
And you expect Singapore private property prices to dive ?

Come on ........

Dow J, Nasdaq, S&P500 are all hitting new highs while interest rate remain low, not surprising to see private property prices rising.

 

[Luc777]

1129 cheques, estimating a 25% conversion rate makes it about 300 units sold. Wondering what is Luc777 ballot number..

Not good ah. Almost 600 haha. Prices should have went up by abit by then le. Don't see us getting a unit. Lol. Back to resale market I guess. or stay put at yishun. Good to dream once in a while.

 

[Passerboy]

Not good ah. Almost 600 haha. Prices should have went up by abit by then le. Don't see us getting a unit. Lol. Back to resale market I guess. or stay put at yishun. Good to dream once in a while.

Oh no... nvm. Irwell Hill Residences prices seems good u can try! Else Northpark is really convenient too.

 

[Luc777]

Oh no... nvm. Irwell Hill Residences prices seems good u can try! Else Northpark is really convenient too.

no ba. getting an integrated near town is for me and my fiancee to stay with my dad. but if this falls thru, guess I will just move to my fiancee's hdb if we can't get a resale integrated near town.

don't feel a pity though since the entry price kinda high. a huge jump from yishun. haha. Good luck to those with good queue numbers!

 

[Passerboy]

no ba. getting an integrated near town is for me and my fiancee to stay with my dad. but if this falls thru, guess I will just move to my fiancee's hdb if we can't get a resale integrated near town.

don't feel a pity though since the entry price kinda high. a huge jump from yishun. haha. Good luck to those with good queue numbers!

I see, would the prices be made known tmr or Saturday?

 

[Milquetoaster]

I see, would the prices be made known tmr or Saturday?

Saturday morning, for those balloting!

 

[1993newbie]

NO FEAR!

STI up up !
COE up up !
GDP expected up to +6% in 2021 .
And you expect Singapore private property prices to dive ?

Come on ........

Nah, not saying that it will dive. Just giving perspective of how the resale fair in the area in recent years. With impending supply of 1 bedders in the area , will there be demand in resale market?
Even now, there’s not much 1 bedder volume for DUO. (300+ units of 1 bedder).

Well I could be wrong too. HUAT AH

 

[Hyruga]

Now got so many freeholds and yet people buy 99 lease?

 

[ebiburger]

Now got so many freeholds and yet people buy 99 lease?

Actually i would say a very good analogy between freehold and leasehold would be comparing whole life and term policy. For whole life policy, you pay extra premium and after a certain age, you can get back a lump sum. For term policy, you pay lesser and dont get back anything. Of course , insurance and property are two different things but the concept of paying more to retain yr value vs paying lesser is the same. You can purchase a freehold to try to retain your value or purchase a leasehold and invest the difference in stocks(assuming one is capable of achieving decent returns). Basically the opportunity cost of locking capital + interest payment on a larger mortgage needs to be taken into consideration

 

[Passerboy]

Now got so many freeholds and yet people buy 99 lease?

Cos location matters, few FH projects can rival the location of Midtown Modern, can only think of those in the Orchard area but price wise easily above 3k psf.

With Grade A offices, dual MRT lines, shopping mall, upcoming rejuvenation and not many land plot in the vicinity think this makes Midtown Modern a strong project.

 

[TOKARA]

A friend got 20+, hope he gets wat he wanted!

 

[Passerboy]

Your friend will be surprised on the available units tomorrow. Unless he is aiming for the smallest A1 or C1 and larger units.

So many ppl pick up during VIP sales?

 

[Passerboy]

20% sold. B3 type very popular.

wow... I’m surprised w such strong sales, thought it was good but didn’t expected it to be so hyped, expected B2 to be popular too. Any idea the price?

 

[1993newbie]

Midtown Modern: Living in a forest in the midst of the city

“Midtown Modern will preview on the weekend of March 6 and 7. Prices range from $1.1 million ($2,689 psf), for a 409 sq ft, one-bedroom unit, to $14.98 million ($4,256 psf) for the bigger penthouse of 3,520 sq ft. In terms of psf prices, they start from $2,400, and go well above $4,000 psf for the penthouses, given that there are only two”

https://www.edgeprop.sg/property-ne...gYskp2Xlwt2BJ9MZCJe3kDCh6Z38DXqIv_fztv0NqkRFY

1 & 2 bedder quantum similar to IRWELL...

 

[Passerboy]

1 & 2 bedder quantum similar to IRWELL...

Think the trend is to build compact units and keep quantum low in order to boost sales, this used to be only be in OCR and RCR region but now it has extended to CCR area.

Midtown Modern ranks higher in terms of convenience and accessibility but Irwell Hill boost a more prestigious living address and tranquil neighbourhood. Wonder which would do better on launch.