OLA EC @ Anchorvale

[Polar Bear King]

Apple to me are all the same. Maybe u should use sweet potato as example. Why are Japan sweet potato double the price of Vietnam sweet potato and many people still buying it ??

Cos it tastes twice sweeter
Try the baked sweet potatoes at dondonki
Sweeter than my icecream

 

[holasingapura]

Upon MOP, Ola buyers can look to selling at $1.5k psf.

Profit from appreciation.

Hopefully so (and not the case of them selling for losses). Then all of us also huat. Thank you OLA buyers.

 

[holasingapura]

Apple to me are all the same. Maybe u should use sweet potato as example. Why are Japan sweet potato double the price of Vietnam sweet potato and many people still buying it ??

Is OLA "sweeter" than Piermont grand? Is OLA "sweeter" than half of the other resale SK/PG private condos that are going for lower than $1,200psf.

 

[Clazav]

Well the rich will buy. Because it is shiny. Just like a few thousands can be spent on branded handbag. Just because of the logo.

Don't say that Mr jonchar, you are very prosperous, have a unit at parc colonial.

And $20 for 1 shiny red apple, also very affordable to me. Should I buy it?

 

[ChillEd]

Heard there are bounced out units from Piermont Grand and Hundred Palms - how do they compare with Ola? Hundred Palms already TOP?

 

[holasingapura]

Well the rich will buy. Because it is shiny. Just like a few thousands can be spent on branded handbag. Just because of the logo.

Yes. But this is EC - executive condo. Class below private condo. For HDB upgraders who own a property or none. Rich?

 

[Clazav]

Well I also see people who you know they are not rich, owning LV etc. They think people will think they are rich just because they own an LV.

Yes. But this is EC - executive condo. Class below private condo. For HDB upgraders who own a property or none. Rich?

 

[Hello@90]

For Hundred Palms project that has already/nearing TOP, buyers have to pay a significantly higher premium than their neighbours (~1200psf compared to launch of ~850psf), which limit their maximum selling price should they choose to exit and sell next time in the short term. Much of the profit would have been ‘paid’ to the developer. Piermont Grand makes more sense than OLA because it is developed by CDL, has more growth potential from Punggol Digital District, and a more serene environment to live in. The development site plan is also more attractive due to the larger land size.

Heard there are bounced out units from Piermont Grand and Hundred Palms - how do they compare with Ola? Hundred Palms already TOP?

 

[momoeagle]

If u have the money, u can join and huat too.

But I don't have, so say say talk talk can liao

 

[holasingapura]

Well I also see people who you know they are not rich, owning LV etc. They think people will think they are rich just because they own an LV.

Ok. Problem is, OLA is not an LV to begin with! It is no different from the many other ECs that it is surrounded by. It is just an ordinary apple, being marketed to you by professional salespeople.

 

[propertyinvestor40]

This OLA ec priced on the high side at 1200 psf.
I think the upcoming penrose sims drive at Aljunied Mrt with better location + is a private condo would be a better investment in the long run. For self stay also more convenient for rental also good. Future value definitely better than Sengkang.
People are already trying to exit that punggol/Sengkang area, why spend so much(1200psf) to stay there plus it is an ec. Just my 2 cents. I can be wrong. Cheers

 

[Passerboy]

This OLA ec priced on the high side at 1200 psf.
I think the upcoming penrose sims drive at Aljunied Mrt with better location + is a private condo would be a better investment in the long run. For self stay also more convenient for rental also good. Future value definitely better than Sengkang.
People are already trying to exit that punggol/Sengkang area, why spend so much(1200psf) to stay there plus it is an ec. Just my 2 cents. I can be wrong. Cheers

Agreed, but there are people who do not see the value in the aljunied project and label it to being in the vicinity of Geylang therefore gunning it down, compared to other proj like SKG. That’s where they miss out both value and convenience.

 

[momoeagle]

For Hundred Palms project that has already/nearing TOP, buyers have to pay a significantly higher premium than their neighbours (~1200psf compared to launch of ~850psf), which limit their maximum selling price should they choose to exit and sell next time in the short term. Much of the profit would have been ‘paid’ to the developer. Piermont Grand makes more sense than OLA because it is developed by CDL, has more growth potential from Punggol Digital District, and a more serene environment to live in. The development site plan is also more attractive due to the larger land size.

And by the time Hundred Palms reach MOP, it will sell for $1500 psf. Few years from 850 to 1200, 5 years should also minimally up by same quantum right?

Piermont Grand makes more sense because it is by CDL and is near Punggol Digital District, so it should go up to $1800 psf by MOP, since it is 850 psf to 1500 psf for Hundred Palms.

With the same logic, Ola should not be $1500 psf, but $1900 psf by MOP.

Huat ah!

 

[Hello@90]

I heard Penrose is going to launch at $1600psf. For that I think Parc Esta is a better buy due to probably lower maintenance cost and shorter walk to MRT. Parc Esta is also going for ard ~1600 to 1700 psf.

This OLA ec priced on the high side at 1200 psf.
I think the upcoming penrose sims drive at Aljunied Mrt with better location + is a private condo would be a better investment in the long run. For self stay also more convenient for rental also good. Future value definitely better than Sengkang.
People are already trying to exit that punggol/Sengkang area, why spend so much(1200psf) to stay there plus it is an ec. Just my 2 cents. I can be wrong. Cheers

 

[holasingapura]

Agreed, but there are people who do not see the value in the aljunied project and label it to being in the vicinity of Geylang therefore gunning it down, compared to other proj like SKG. That’s where they miss out both value and convenience.

You should have 10 properties in your portfolio by now.

 

[propertyinvestor40]

And by the time Hundred Palms reach MOP, it will sell for $1500 psf. Few years from 850 to 1200, 5 years should also minimally up by same quantum right?

Piermont Grand makes more sense because it is by CDL and is near Punggol Digital District, so it should go up to $1800 psf by MOP, since it is 850 psf to 1500 psf for Hundred Palms.

With the same logic, Ola should not be $1500 psf, but $1900 psf by MOP.

Huat ah!

Bro. Time to take your medicine. Lol

 

[Passerboy]

You should have 10 properties in your portfolio by now.

Agreed. But commenting doesn’t tantamount to being vested, but I don’t mind being seen as having 10 properties in my portfolio.
Thanks for the belief in me!

The below post highlights how Penrose in Aljunied is a better value proposition though. I know what you would say next but leave it to the judgement of those looking to buy Penrose.

 

[momoeagle]

Bro. Time to take your medicine. Lol

Sry ah,
In elated mode due to GSS in stock market

 

[holasingapura]

Agreed. But commenting doesn’t tantamount to being vested, but I don’t mind being seen as having 10 properties in my portfolio.
Thanks for the belief in me!

The below post highlights how Penrose in Aljunied is a better value proposition though. I know what you would say next but leave it to the judgement of those looking to buy Penrose.

Just vest in the 10 properties on paper. Paper trading. Let us know the market value at the end of this year. up or down by how much.

 

[holasingapura]

Sry ah,
In elated mode due to GSS in stock market

I'm alr in 30%, but sadly got even bigger GSS the past week... and I think still more to come. People selling down to meet their margin calls. Next to auction off are properties. Cash is king.