J’den Residences. Former Jcube

[drkcynic]

This is private property. Has income of the top 10-20% declined? When you’re speaking to this segment it doesn’t matter what the “average” wages are. You don’t buy a 3M house on “average” wages.

when I bought my first OCR condo near MRT, the psf was 12xx. Everyone say, wa so expensive, impossible, next time how to exit? Yet I did manage to make $ with over 400 psf increase.

I bought another unit during trade war period, all say wa, increase rate going up, so expensive, how to sell next time etc etc. today I sitting on over 600-700 psf gain. Even if market corrects by 10%, so what? I don’t have urgency to sell, I can hold for 5 years for 10 years, if price cheap enough I won’t mind even buying another one. The fact so many people dreaming of buying a cheap property shows demand is there.

asset inflate. Cash deflate. This is a fact of our modern economy. Property is one of those things you buy to wait and not wait to buy.

While I agree in principle that people with no properties on hand shouldn't wait, that has no bearings over whether J'den is a good buy or not at current prices.

The market might move, but some properties won't move in tandem. For people who are buying for own stay, personal preference can just go ahead. For investors, I think there are better value elsewhere, imo.

 

[DevilPlate]

High floor 3BR ~ 3M.
Enjoy bagholding yah.

 

[roflolmao]

High floor 3BR ~ 3M.
Enjoy bagholding yah.

No worries. Many people here say jden 3k psf in next 5 to 10 years.

 

[drkcynic]

High floor 3BR ~ 3M.
Enjoy bagholding yah.

I don't know man. When I think about it logically, if someone die die want to stay in that development, would it be better to just rent? By renting, you don't get the pressure of forking out 3m in this environment and risk paying the highest psf in this area.

That is not to say the person shouldn't buy, he could go over to Lentor and get a 4 bedder for 2.5m at 1900 psf. If Jurong East does gets to 3000+psf, wouldn't Lentor easily get to 2300+ psf? I reckon 4 bedder can rent out higher to net off the rent he is paying for Jurong East. Vis-a-vis both development, which one will earn more capital upside with less risk. Food for thought.

 

[DevilPlate]

I don't know man. When I think about it logically, if someone die die want to stay in that development, would it be better to just rent? By renting, you don't get the pressure of forking out 3m in this environment and risk paying the highest psf in this area.

That is not to say the person shouldn't buy, he could go over to Lentor and get a 4 bedder for 2.5m at 1900 psf. If Jurong East does gets to 3000+psf, wouldn't Lentor easily get to 2300+ psf? Vis-a-vis both development, which one will earn more with less risk. Food for thought.

Idk what so nice about this location for own stay….so crowded….jam pack MRT traffic, noisy, lousy air quality etc.
Might as well save 500k like u mentioned and own a car for next 20years or so hahaha

 

[drkcynic]

Idk what so nice about this location for own stay….so crowded….jam pack MRT traffic, noisy, lousy air quality etc.
Might as well save 500k like u mentioned and own a car for next 20years or so hahaha

I found it strange also. Jcube was a chui mall, nobody go one. Developer switched it to integrated housing and suddenly it becomes like the best thing since slice bread.

 

[ktyandkyc]

I don't know man. When I think about it logically, if someone die die want to stay in that development, would it be better to just rent? By renting, you don't get the pressure of forking out 3m in this environment and risk paying the highest psf in this area.

That is not to say the person shouldn't buy, he could go over to Lentor and get a 4 bedder for 2.5m at 1900 psf. If Jurong East does gets to 3000+psf, wouldn't Lentor easily get to 2300+ psf? I reckon 4 bedder can rent out higher to net off the rent he is paying for Jurong East. Vis-a-vis both development, which one will earn more capital upside with less risk. Food for thought.

The thing is Lentor is being beaten to death here due to 'oversupply' issue while being priced at 20-21xx.

For J den I realise no one is surprised at the pricing but perhaps rather the huge popularity.

 

[runforyourlife]

Dua gong stepping down and refreshing parliament soon

No one wanna see this message.

all is well with LW.

 

[runforyourlife]

Idk what so nice about this location for own stay….so crowded….jam pack MRT traffic, noisy, lousy air quality etc.
Might as well save 500k like u mentioned and own a car for next 20years or so hahaha

These are things they don’t want to hear. Esp the mrt situation during rush hour.

Not to mention the many buses fetching workers into Changi business park.

 

[runforyourlife]

The fact that Jden can fetch 2.4K psf for 2/3 bedder means the market can absorb.

This will further push up psf everywhere, always happens.

Thats why only time will tell. But if tpy Lorong 1 can launch at 2.5k psf in 2025, these will be the prices moving forward.

Will market accept? 2.4k psf already accepted in 2023, what’s 2,5k psf in 2025? Haha.

all those whom bought at 2k psf will be quite safez

 

[Johnpierpontmorgan]

It’s time the resale prices should catch up to new launch. The gap is so wide now


So weird. The gap keep widening between new launch and resale and the RCR and ocr so close to ccr

 

[elvintay07]

The thing is Lentor is being beaten to death here due to 'oversupply' issue while being priced at 20-21xx.

For J den I realise no one is surprised at the pricing but perhaps rather the huge popularity.

Don’t know why the word oversupply keep popping. Where is the oversupply? Just like Samsing supporter. See 1 Indian made iPhone got issue means iPhone dying.

 

[Johnpierpontmorgan]

I found it strange also. Jcube was a chui mall, nobody go one. Developer switched it to integrated housing and suddenly it becomes like the best thing since slice bread.

Is this integrated when the mrt and building is 6 driving lanes away and still got a bus stop in between.

Actual distance to mrt or bus stop is further than Artra to red hill or queens peak to queesntown or Bartley residence to Bartley mrt

 

[elvintay07]

It’s time the resale prices should catch up to new launch. The gap is so wide now


So weird. The gap keep widening between new launch and resale and the RCR and ocr so close to ccr

Some ppl just don’t want to buy old. I got many pandang friends. I remembered I helped 1 guy bought a Bottega wallet from France. Carrying all the way back and he asked me whether got touch his wallet. I told him ** la. Of course la. If never touch then how to check. Salesperson also touch mah. Some also die die want only new car. There is this group of ppl who just don’t care whether pricing make sense. Because money is just lose change to them

 

[runforyourlife]

It’s time the resale prices should catch up to new launch. The gap is so wide now


So weird. The gap keep widening between new launch and resale and the RCR and ocr so close to ccr

Supply and demand and affordability comes into play.

 

[ThinkCarefully]

The thing is Lentor is being beaten to death here due to 'oversupply' issue while being priced at 20-21xx.

For J den I realise no one is surprised at the pricing but perhaps rather the huge popularity.

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No leh… TT was very surprised and shouting madness

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[ktyandkyc]

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No leh… TT was very surprised and shouting madness

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Yes, he shocked about the overwhelming response. for the price, he got say it's within expectations

 

[ThinkCarefully]

Yes, he shocked about the overwhelming response. for the price, he got say it's within expectations

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it is definitely above Eric’s expectations
Eric guide price was 22xx psf
Also Eric’s guess of launch day sales not 88%

Eric said drive to Jden sf, if he takes a plane then you should have guessed that is Hillock…watch again if you missed

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[runforyourlife]

pent up demand usually is hard to predict.

if woodlands have one integrated at woodlands mrt also will sell like hot cakes.

same can be said for any other outskirt areas. Pasir Ris 8 comes to mind

 

[ThinkCarefully]

Idk what so nice about this location for own stay….so crowded….jam pack MRT traffic, noisy, lousy air quality etc.
Might as well save 500k like u mentioned and own a car for next 20years or so hahaha

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that’s why the West Coast area attractive… away from crowd, sea view and reservoir view plus 10 mins shuttle bus ride to JE the second CBD

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