筍盤來了！！！One Bernam Condo

[daheigou999]

Anything that’s above 2.5kpsf bo bao jiak one. Don’t be too confident

How come Carrot Head says that it is not bao jiak?

 

[䏣炆玧示老太]

Must have faith in Spira inflation lar
Everything double price every 15 yrs

 

[NiShiZhu]

How come Carrot Head says that it is not bao jiak?

我不入地狱谁入地狱

 

[Passerboy]

我不入地狱谁入地狱

wow bro. I see what u did there, new DP

$28xxpsf for One Bernam major carrot head. Chop.

 

[NiShiZhu]

wow bro. I see what u did there, new DP

$28xxpsf for One Bernam major carrot head. Chop.

I always change with time.
now is carrot head era, so must change avatar too.

 

[zaclee]

CDL launching Fuji Xerox likely 2H 2022. With current Canninghill price guide, new Fuji FH price would likely go even higher.

CDL launch redevelopment of Fuji Xerox in 2022

 

[Passerboy]

I always change with time.
now is carrot head era, so must change avatar too.

Ppl saying resale flat could cross $1.8m soon, now can buy Canninghill Piers below that quantum better not wait.

 

[daheigou999]

CDL launching Fuji Xerox likely 2H 2022. With current Canninghill price, new Fuji FH price would likely go even higher.

CDL launch redevelopment of Fuji Xerox in 2022

Definitely higher than Sky Everton, at least

 

[䏣炆玧示老太]

CDL launching Fuji Xerox likely 2H 2022. With current Canninghill price guide, new Fuji FH price would likely go even higher.

CDL launch redevelopment of Fuji Xerox in 2022

Go $3333psf still can sell

 

[zaclee]

Tanjong Pagar has quite a nice vibe to it … haha lots of nice cafes, restaurants and drinking places to hang out during after work.

 

[ThinkCarefully]

I always change with time.
now is carrot head era, so must change avatar too.

###

Developers sell to carrot heads easy... many around and attracted to adverts plus agent push with high com...just need one or two ‘heros’ to Attract more

Carrot head no. 1 sell to carrot head no. 2 will not be easy...trust me...

###

 

[zaclee]

Agree, buyers shouldn’t simply assume they can just buy at any price and it will just appreciate 15-30% for a profitable flip 3 year later to a pool of resale buyers.

For CCR and CBD projects, one should still aim for entry price and location first, rather than just chase fancy projects. In event of uncertain CA, can rental still make sense past certain psf prices? Eg. Can rental market at Bugis support a ~$3K+ psf unit and still give positive cashflow, vs CBD unit at ~$2.4K psf?

 

[Passerboy]

Agree, buyers shouldn’t simply assume they can just buy at any price and it will just appreciate 15-30% for a profitable flip 3 year later to a pool of resale buyers.

For CCR and CBD projects, one should still aim for entry price and location first, rather than just chase fancy projects. In event of uncertain CA, can rental still make sense past certain psf prices? Eg. Can rental market at Bugis support a ~$3K+ psf unit and still give positive cashflow, vs CBD unit at ~$2.4K psf?

Entry price and location are usually inversely correlated, unless we are including the older condos but if so, if they r LH we face problem of lease decay.

or jus avoid CBD and CCR condos altogether. The most value pick I see now is Landmark, but with price increment and indicative Canninghill Piers pricing, the latter could be a value proposition.

 

[zaclee]

Landmark was value buy previously, but with the increased prices shared by others, can’t say with confidence it still is.

Interesting to see the floor loading of Canninghill. The starting psf by most developers can be misleading. Early buyers of Canninghill would be pretty lucky…and it would be a better buy than Midtown Modern.

I am still cautiously optimistic that there may be pockets of opportunities / potential in our city center in the next 5-8 years, if one gets a good entry.

 

[arctician]

went past the showroom last night, indeed does look good. if can get at $26xx psf mai tu liao, confirm beats all the new launches within 2 km radius over last 2y, even all those holland village condo are asking for higher. If not there are lots of FH resale around 2k PSF in that area and near somerset, the entry price will have lots of buffer

Tanjong pagar all 99Y LH, so likely to have lease decay overtime

 

[daheigou999]

Entry price and location are usually inversely correlated, unless we are including the older condos but if so, if they r LH we face problem of lease decay.

or jus avoid CBD and CCR condos altogether. The most value pick I see now is Landmark, but with price increment and indicative Canninghill Piers pricing, the latter could be a value proposition.

Lol 2.8k psf for Landmark?

 

[NiShiZhu]

Lol 2.8k psf for Landmark?

Now u know y I decided to use carrot head avatar

 

[Passerboy]

Now u know y I decided to use carrot head avatar

Haha.. now buyers mentality seems to shift already, don’t care abt future profit. Anything more than $2.3k for One Bernam and Landmark is too high.. good buy or good bye?

 

[NiShiZhu]

Haha.. now buyers mentality seems to shift already, don’t care abt future profit. Anything more than $2.3k for One Bernam and Landmark is too high.. good buy or good bye?

Hehe, Simi shift in mentality? Once a head, always a head
Even some agents r suggesting “let’s take a break now”

 

[Passerboy]

Hehe, Simi shift in mentality? Once a head, always a head
Even some agents r saying “let’s take a break now”

U read some comments u can tell the optimism here. I was bullish now I’m realistic. $28xxpsf when I saw One Bernam transaction I literally lol.

Time for a break aft Canninghill Piers if indeed $26xxpsf up.