Kopar condo @ kampong Java

[Passerboy]

#04-03 apparently bounced... one of the lowest quantums 2b2b below S$1.5mio (2.1k psf) thought very good location and very good rental yield (potentially?)

even if staring at atelier's butt potentially

Kopar two bedder can rent $4k-$4.5k? If so good rental yield for those two bedder below $1.5mil

 

[pruyeo]

Nothing heard on Atelier right? Bukit Sembawang is always so slow on their launches (Liv @ MB as well)

I still think Kopar is a good buy for those looking for bukit timah.. Atelier looks expensive no?

 

[daheigou999]

I still think Kopar is a good buy for those looking for bukit timah.. Atelier looks expensive no?

Comparing against a bad project (Atelier) doesn’t mean the other (Kopar) is better.

Kopar was interesting for the lower quantum units (<2.2k psf). However, it gets questionable whether one should pay beyond that for higher floor/pool-facing (which are not great for this project).

 

[baojiang]

Anyone bought this project? Is there a chat group for owners? Thanks

 

[lightning2014]

Anyone bought this project? Is there a chat group for owners? Thanks

You bought? and is there a chat group?

 

[daheigou999]

Tiagong Kopar comm increased to 3.1%

 

[Tuckie]

Tiagong Kopar comm increased to 3.1%

Means what? They want to move sales hence up the Comm?

 

[TouringSG]

Means what? They want to move sales hence up the Comm?

Means not selling well..

 

[Tuckie]

Means not selling well..

I see, thanks for the explanation. This sounds like increasing commission to get more agents interested to sell this project

 

[TouringSG]

I see, thanks for the explanation. This sounds like increasing commission to get more agents interested to sell this project

Yup, the greater the awareness, the greater the hype, the higher chance of selling something. Same for resale, if the project is in an area of constant focus, likely it'll continue to do well too (as long as negative traits don't outweigh the pros).

 

[daheigou999]

Means what? They want to move sales hence up the Comm?

Means some buyers can ask their agent for more “free gifts”

 

[zaclee]

Tiagong Kopar comm increased to 3.1%

unfortunately...many agents would just push buyers to projects that pay better commission, whether it is a better project or not, or suitable for buyer.

Kopar at 3% isn’t the most aggressive I believe. Some projects which show exceptional launch take up recently tiagong offer same or more from day 1.

 

[TouringSG]

unfortunately...many agents would just push buyers to projects that pay better commission, whether it is a better project or not, or suitable for buyer.

Kopar at 3% isn’t the most aggressive I believe. Some projects which show exceptional launch take up recently tiagong offer same or more from day 1.

If it's from day 1, why not just set the selling price lower? Buyers can self-convince themselves to buy some more haha

 

[holasingapura]

If it's from day 1, why not just set the selling price lower? Buyers can self-convince themselves to buy some more haha

The developers are all part of the association - REDAS. It is open secret they have made internal agreements to maintain high selling prices and not undercut one another. This also prevents them from making losses from high land bids like the one at AMK. They rather give the benefit to agents than buyers.

Perhaps 1 day CASE should look into this anti-competitive behavior.

 

[Applephilic]

I see, thanks for the explanation. This sounds like increasing commission to get more agents interested to sell this project

Wouldn’t decreasing the price be a gd option too?

 

[Applephilic]

The developers are all part of the association - REDAS. It is open secret they have made internal agreements to maintain high selling prices and not undercut one another. This also prevents them from making losses from high land bids like the one at AMK. They rather give the benefit to agents than buyers.

Perhaps 1 day CASE should look into this anti-competitive behavior.

Unfortunately the toothless organisation isn’t able to do much. There are agents who do place clients interest above the monetary incentives. But sad to say I haven’t met many.

 

[Tuckie]

Wouldn’t decreasing the price be a gd option too?

They won’t want to start undercutting each other.

 

[daheigou999]

Wouldn’t decreasing the price be a gd option too?

Decreasing price is the last resort for developer Lose credibility and piss earlier buyers off

 

[holasingapura]

They won’t want to start undercutting each other.

And so far, rich sinkies more than happy to take max loan and buy at developer's asking price. So discount for what!?

Developers and agents say construction and land cost rising, prices cannot be lower, but yet they are secretly laughing to the bank.

 

[jonasiha]

Anyone bought this project? Is there a chat group for owners? Thanks

looking for a chat group for owners as well...