New EC at Sumang Walk

[Hello@90]

Its a matter of how long the holding period and for how much the capital gain. Oh yes, ‘earn money’ but even 100k over holding period of 8 years for EC isn’t worth it.

Agent will always say go up one

Rarely agent will tell you will go down and ask you not to buy if you “act” that you open your cheque ready already

 

[sgpropertyblog]

Wouldn’t it be better to buy Alps than Tampines Ave 10 EC then? Even if developer launch the EC at 1100psf still seem expensive. Unless compare it to Tapestry.

yes, Parc Central will help to push Tapestry units too! by the time PC launched, I would reckon Tapestry will have not much leftover units.. So in order for the dev to sell PC, they would have to price it correctly..

 

[1993newbie]

Is An Executive Condo Still Worth It: An Analysis of 53 ECs

https://stackedhomes.com/editorial/executive-condo-analysis-53/#gs.7as1fs

 

[Hello@90]

Anyone who bought Piermont Grand/Parc Canberra/OLA regretted then? I think for upgraders its the better value compared to buying current new launch at that kind of price.

Is An Executive Condo Still Worth It: An Analysis of 53 ECs

https://stackedhomes.com/editorial/executive-condo-analysis-53/#gs.7as1fs

 

[endlssorrow]

How the sales now? 60% sold ?

 

[SethNg]

How the sales now? 60% sold ?

currently at 64.27%

 

[momoeagle]

https://www.bloomberg.com/news/arti...ns-of-urgent-job-loss-challenge-in-year-ahead


With this kind of news, probably only those with large iron rice bowls will be able to afford the ever higher EC prices.

Which is still good news for the EC developers

 

[1993newbie]

Piermont Grand caveat, from launch till 14 June 2020.
530 out of 820 sold. 64.6%.
April > 3
May > 17
June > 4

OLA caveat:
176 out of 548 sold. 32.1%.
April > 8
May > 1
June > 1

Parc Canberra caveat:
361 out of 496 sold. 72.8%.
April > 4
May > 5
June > 7

 

[Passerboy]

Piermont Grand caveat, from launch till 14 June 2020.
530 out of 820 sold. 64.6%.
April > 3
May > 17
June > 4

OLA caveat:
176 out of 548 sold. 32.1%.
April > 8
May > 1
June > 1

Parc Canberra caveat:
361 out of 496 sold. 72.8%.
April > 4
May > 5
June > 7

wow Piermont Grand had a spike in May!

 

[Hello@90]

Anyone know when Parc Central Residences EC is launching? Seems like there’s a lot of interest in the project.

 

[NiShiZhu]

Anyone know when Parc Central Residences EC is launching? Seems like there’s a lot of interest in the project.

Hehe I doubt theres a lot of interest.
Imagine those who bought the alps are paying cheaper than this EC.
Hehe what’s the motivation to buy an EC that’s more ex than PC at similar location?
It’s location is nothing to shout about also.
Maybe This project can only draw Tampines die hard fans.

 

[Hello@90]

Yeahh am thinking Tampines definitely somehow pp will still buy hahas. I saw some resale EC, the prices are really attractive in terms of psf. Understand that after 5 years no MOP for buyers too? Only SSD

Hehe I doubt theres a lot of interest.
Imagine those who bought the alps are paying cheaper than this EC.
Hehe what’s the motivation to buy an EC that’s more ex than PC at similar location?
It’s location is nothing to shout about also.
Maybe This project can only draw Tampines die hard fans.

 

[SethNg]

Yeahh am thinking Tampines definitely somehow pp will still buy hahas. I saw some resale EC, the prices are really attractive in terms of psf. Understand that after 5 years no MOP for buyers too? Only SSD

Yup there's no MOP period for resale EC buyers(unless it's an early approved for sale unit) , just need to take note of SSD

 

[sgpropertyblog]

Anyone know when Parc Central Residences EC is launching? Seems like there’s a lot of interest in the project.

Hi;

Parc Central tentative launching in 3Q 2020.. pricing wise shd be similar to Piermont / Parc Canberra pricing.. will update here when there is more info release by dev ..

 

[Hello@90]

Cool! Thanks!

Hi;

Parc Central tentative launching in 3Q 2020.. pricing wise shd be similar to Piermont / Parc Canberra pricing.. will update here when there is more info release by dev ..

 

[holasingapura]

Cool! Thanks!

Why don't you simply buy one of the cheap resale condos at tampines?

 

[sgpropertyblog]

Cool! Thanks!

Np.. btw, have u done your eligibility checks ady ?

 

[Hello@90]

Yes, eligible. Still looking ard actually

Np.. btw, have u done your eligibility checks ady ?

 

[Hello@90]

Saw Q Bay and The Santorini at ard $1000psf. Once Ave 10 EC launches ($1100psf), will the price of these private condo increase as well?

Why don't you simply buy one of the cheap resale condos at tampines?

 

[holasingapura]

Saw Q Bay and The Santorini at ard $1000psf. Once Ave 10 EC launches ($1100psf), will the price of these private condo increase as well?

If you have no confidence that santorini will appreciate to at least $1,100psf, what makes you think the ave 10 EC can earn $ if you buy?

Q Bay and santorini are pretty new and should be on your list if you are keen on tampines. Why pay $1,100+psf for EC at non-EC prices? Unless the grants given by government is so attractive, the choice is clear.

Once an EC, always an EC. EC is a class below PC, thats what many think. I view EC buyers as only marginally better off than HDB owners.