Lyndenwoods

[drkcynic]

Got new video from TT Lum saying not exactly that cheap but I guess in this market, so long launch at reasonable price, the supply will be taken out quickly. Not sharing the link later kenna slammed by boomers

Haha it's usually "cheap" until it becomes "not cheap", TTL always stating the obvious. Once in the queue there is always the temptation to just whack even when their desired unit is gone, some agents also whisper whisper..

Sinkie's mentality is queue liao must make it worth, items in the millions also no give chance.

 

[birmingham123]

Hmm I miss out this good buy then. Actually what is the chance of getting a queue number if the turn out is 5500 visitors ah ?

 

[oldchanggold]

Haha it's usually "cheap" until it becomes "not cheap", TTL always stating the obvious. Once in the queue there is always the temptation to just whack even when their desired unit is gone, some agents also whisper whisper..

Sinkie's mentality is queue liao must make it worth, items in the millions also no give chance.

Yupp agree on the stating the obvious is v apt for TT. He also mentioned things like NP being cheaper and the cost savings can net a car etc, which I’m not quite sure how this is a convincing argument. but anyway the market has moved on despite his neutral or negative sentiment since years ago

 

[drkcynic]

Yupp agree on the stating the obvious is v apt for TT. He also mentioned things like NP being cheaper and the cost savings can net a car etc, which I’m not quite sure how this is a convincing argument. but anyway the market has moved on despite his neutral or negative sentiment since years ago

On 2nd look, I am not even sure that Lyndenwoods is considered near MRT. I just took it at face value and didn't verify. Now I checked it is more than 500m away... so NOPE! Anyway that's just my own baseline, obviously the buyers have other considerations.

I found it funny why some people are always saying the same thing. Got car does not mean no need MRT, ultimately, why not both? How about kids and grandparents who don't drive? I have never understood the logic. Especially today when there are plenty of good resale near MRT with prices that are much more attractive than a new launch not near MRT. I will buy those resale anytime if ask me to choose.

To each his own.

 

[oldchanggold]

On 2nd look, I am not even sure that Lyndenwoods is considered near MRT. I just took it at face value and didn't verify. Now I checked it is more than 500m away... so NOPE! Anyway that's just my own baseline, obviously the buyers have other considerations.

I found it funny why some people are always saying the same thing. Got car does not mean no need MRT, ultimately, why not both? How about kids and grandparents who don't drive? I have never understood the logic. Especially today when there are plenty of good resale near MRT with prices that are much more attractive than a new launch not near MRT. I will buy those resale anytime if ask me to choose.

To each his own.

Yup. Think TT even mentioned a shuttle bus from NP, but I was just quickly scrolling through so not sure if I have heard correctly. With mrt connectivity getting more extensive, imagine the last mile from mrt to house takes longer than the mrt ride itself.. could possibly spend the money get near mrt projects and it comes typically with amenities too

 

[DevilPlate]

Yup. Think TT even mentioned a shuttle bus from NP, but I was just quickly scrolling through so not sure if I have heard correctly. With mrt connectivity getting more extensive, imagine the last mile from mrt to house takes longer than the mrt ride itself.. could possibly spend the money get near mrt projects and it comes typically with amenities too

Must be selective and get those with shelter walkway to MRT liao.

Or else i would rather have doorstep bus stop to MRT if i need to cross few traffic lights and walk more than 5mins without shelter (~1 bus stop)

 

[pruyeo]

I watched this video on youtube where the speaker did a sharing on which layout and facing at LyndenWoods can make money. Probably useful if you are planning to get a place there..

 

[drkcynic]

I watched this video on youtube where the speaker did a sharing on which layout and facing at LyndenWoods can make money. Probably useful if you are planning to get a place there..

95% sold liao, not like you have many choices left...

Bounced out units also reserved for the people who took part in the ballots.

 

[jeffong]

On 2nd look, I am not even sure that Lyndenwoods is considered near MRT. I just took it at face value and didn't verify. Now I checked it is more than 500m away... so NOPE! Anyway that's just my own baseline, obviously the buyers have other considerations.

It definitely takes more than the claimed 5 mins as you have to cross the road to the Citadines tower and walk on to the Geneo tower. From Geneo, you'll need to go down two flights of stairs just to get to the Kent Ridge MRT walkway entrance which requires more steps before you get to the gantry. Minimum is 7 to 10 min walk at normal pace. That's excluding the 5 min walk if you stay at the furthest block from the side gate.

If my memory serves me right, this Lydenwoods location is the former National Computer Board building which is the first place I worked out of 3 decades ago. Back then, there was only limited buses that stopped along the AYE and you then had to walk a long way to get to NCB.

 

[marshmallow96]

All bought by Wuhan gang ..

They still around?
Might as well play Bitcoin or wash monies via stablecoins tio bor?

the one arrested was Fujian gang... so perhaps now new Wuhan gang coming?

 

[pruyeo]

Haha .. Wuhan gang...

Yah from the map of LydenWoods to the MRT seem pretty far..

 

[rlskyline]

It definitely takes more than the claimed 5 mins as you have to cross the road to the Citadines tower and walk on to the Geneo tower. From Geneo, you'll need to go down two flights of stairs just to get to the Kent Ridge MRT walkway entrance which requires more steps before you get to the gantry. Minimum is 7 to 10 min walk at normal pace. That's excluding the 5 min walk if you stay at the furthest block from the side gate.

If my memory serves me right, this Lydenwoods location is the former National Computer Board building which is the first place I worked out of 3 decades ago. Back then, there was only limited buses that stopped along the AYE and you then had to walk a long way to get to NCB.

was the building just demolished recently?

 

[Clazav]

It looks like a good buy at first glance, due to the pricing. For me, I will avoid. Thinking that this is the only residential plot in that area is kinda scary. Few years later no one will remember there is a project there. Excellent for rental but then it will be infested with tenants who will treat the project like hostels. Just my opinion.

 

[petetherock]

IMHO
If you treat it purely as an investment it’s quite interesting
Potential tenants
- medical professionals
- some students including post grads
- science park staff
More illegal operations
- partition into multiple rooms for NUS students
- nurses
- air bnb
- patients on short stay

all of the above don’t really give it a nice vibe but profits are good
So if you intend to stay there it will definitely give a different feeling

also the entire area is under development so being a first mover has certain advantages
Plus the lower entry price means a more attractive selling price or profit margin

YMMV

 

[DevilPlate]

IMHO
If you treat it purely as an investment it’s quite interesting
Potential tenants
- medical professionals
- some students including post grads
- science park staff
More illegal operations
- partition into multiple rooms for NUS studentd
- nurses
- air bnb
- patients on short stay

all of the above don’t really give it a nice vibe but profits are good
So if you intend to stay there it will definitely give a different feeling

also the entire area is under development so being a first mover has certain advantages
Plus the lower entry price means a more attractive selling price or profit margin

YMMV

Thats why i said if looking at 1/2BR (rental play), then NP can still get mid-hi floor at ~2k psf and it is a much nicer project.

 

[petetherock]

Let's see what the build quality is like.. Normanton isn't that great, so it will be interesting..

 

[DevilPlate]

Let's see what the build quality is like.. Normanton isn't that great, so it will be interesting..

Im refering to siteplan, spaciousness and the surroundings.
Build quality can be very subjective

 

[jeffong]

IMHO
If you treat it purely as an investment it’s quite interesting
Potential tenants
- medical professionals
- some students including post grads
- science park staff
More illegal operations
- partition into multiple rooms for NUS students
- nurses
- air bnb
- patients on short stay

Heheh.. with such a high-end cliente listing, those Geylang operators will also think it's a good business opportunities. After all that area is a commercial district mah. LOL!!!

 

[sherica]

Must be selective and get those with shelter walkway to MRT liao.

Or else i would rather have doorstep bus stop to MRT if i need to cross few traffic lights and walk more than 5mins without shelter (~1 bus stop)

Yea my house 2mins walk to bus stop and that bus stop have like 12x bus services to the mrt station that is 2 stops away.

 

[rider83]

Yupp agree on the stating the obvious is v apt for TT. He also mentioned things like NP being cheaper and the cost savings can net a car etc, which I’m not quite sure how this is a convincing argument. but anyway the market has moved on despite his neutral or negative sentiment since years ago

This is a stupid argument. Buy cheap take the savings buy car is the worst thing one can do because after 10 years the car get scrapped and the owner gets nothing back. Plus the property also appreciate slower than the rest so it is a double whammy. Hence i always say never never buy lousy projects especially not near MRT