Guessing the 721sqf units would start around 2mil? But I thought agents have priority to choose units the day before?
Guoco Midtown
- Thread starter snoopydog
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Guessing the 721sqf units would start around 2mil? But I thought agents have priority to choose units the day before?
You are so confident capital appreciation profit is there?
Im guessing it should be starting around 1.8mil. The finishing is less luxurious than midtown bay and the land price is also cheaper at 15xx psf. There are 2 bedroom leftover units at midtown bay and price of MM should be at a lower pricepoint to avoid cannabalization between these two projects
Just curious , if agents buy for themselves, do they get to pocket the commission given by the developer?
Luc777
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no la. i got mention before. my personal opinion for this project is more for own stay purposes. if you are prioritizing capital appreciation, go for rcr projects. lower entry point and more potential for future growth. my thoughts la.
im guessing starting from 1.8m. based on the indicative of 1.4xm for 2br.
this is my first time going in as an agent buyer. i was not an agent yet when we bought north park residences.
what i know so far for this project is i either choose the priority queue and forgo any comm payable or opt for comm but join the public balloting queue.
so of course going for the latter.
but if per floor jump is too kua zhang, might skip also.
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propertyinvestor40
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Buy duo, MM and midtown Bay may get drench.
Buy the M at 21xxpsf-22xxpsf won’t get drench
Talking nothing with nothing. Low eq
NiShiZhu
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Own stay when cashing out also hope to make some profit mah haha
Anyway hope you get your choice unit!
Really quite ex. After taxes and everything, need to sell at roughly 3000psf or so?
Luc777
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haha ya lor. its ex. if budget cant meet, we might go back resale market.
looking at meraprime in the meantime also.
ThinkCarefully
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For the same price and bedroom type, would you rather stay at Bidadari (twr) Or MM near CBD?
(Reminds me of the question, would you choose to have mrt or a park next door and the other far away...)
https://m.youtube.com/watch?v=0MEsWoH4QOQ
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For the same price and bedroom type, would you rather stay at Bidadari (twr) Or MM near CBD?
(Reminds me of the question, would you choose to have mrt or a park next door and the other far away...)
https://m.youtube.com/watch?v=0MEsWoH4QOQ
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griffin jr
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bro are u eric chiew ah?
ThinkCarefully
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No leh, I don’t own as many properties as him and not so rich$$$ and staying in landed like him...
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daheigou999
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griffin jr
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haha u keep posting his vids.. i got watch la.
still thinkin whether to go into midtownmodern... or is eden better.
dilemma.
or resale?
That’s standard for CBD condos
Not so good for ownstay then
Luc777
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1993newbie
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Went to check out the preview and while the location is nice for own stay, the 1 bedders start at 409 sqft for $1.1m.
I have serious reservations as I'm buying for own stay, not sure if I can live in a space like that for very long. But the 2 bedders if I go for mid-floor likely out of budget. So being able to sell later and recoup costs if I need to move is important.
The agents are claiming even if I buy a 1 bedder people will be fine with paying $1.4m or $1.5m for it 3 years down the road.
Wondering if there really is that kind of capital appreciation potential for this project or it's just sales talk?
I have serious reservations as I'm buying for own stay, not sure if I can live in a space like that for very long. But the 2 bedders if I go for mid-floor likely out of budget. So being able to sell later and recoup costs if I need to move is important.
The agents are claiming even if I buy a 1 bedder people will be fine with paying $1.4m or $1.5m for it 3 years down the road.
Wondering if there really is that kind of capital appreciation potential for this project or it's just sales talk?
1993newbie
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ThTs rather bold TBH.
Cross reference to DUO with 343 units of studio & 1bedders:
> Quick check on prop guru,57 out of 102 sales listings are the Studios & 1 bedders. Asking price from $1.118m.
And how does these Studios/1 bedders fair in the resale market?
> So far only 19 units of 1 bedder/Studio has entered resale market since TOP.
In the locality, THE M, MIDTOWN BAY & MIDTOWN MODERN will add in to the supply of 1 bedders.
3 years from now, will future buyers really pay $1.4/1.5m for a 1 bedder with no balcony?
Is there truly a demand for 1 bedders in Bugis when it comes to resale in the first place?
Hmmmmm
Hence $1.4-1.5m is rather bold..
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