One North Eden

[hirokassy]

I am not concerned about tenants even with more workers WFH in the future.

I am just not very convinced how the price of this "investment" would go up in the future.. Even though we can see ONR re-sale value is not too bad.

I am also concerned that with 168 units, this could be a long long hold before we can see the value goes up? I am not too sure if I should look at this or look at Ryse at Pasir Ris..

 

[scanner007]

Lol. Not sure if Eric has ever set foot in Tanjong Pagar, it's definitely not a ghost town

But yeah, in contrast to One North, Tanjong Pagar has tons of amenities (destination hawkers like Amoy and Maxwell within walking distance, 3-4 grocery stores, lots of F&B), two large HDBs (Tanjong Pagar HDBs and Pinnacle@Duxton) to give it a neighborhood feel, and much closer connectivity to everything. While the One North area will develop, it's uncertain that it'll build up enough of an ecosystem to compete with the likes of TP. Like Passer mentioned, you can get Landmark units for a similar price but with much less uncertainty - why buy ONE?

Indeed. To be frank, my official office is at One North, as most have described not much amenities and happening over weekend. It like living in office environment if one stays there. I would choose different environment after office hour.

As iterated a few time, go to the site to explore and observe and see whether you like the vibe there. Nothing beats the experience.

I like Landmark environment, next to the bustling Chinatown, Clarke Quay, SGH and many more central city amenities, but could be quiet depends on the unit facing. You got to enjoy cheap hawker/coffee shop prices and also many shopping malls, restaurants experience/services within short walking distant (5 to 15 mins).

 

[hirokassy]

Indeed. To be frank, my official office is at One North, as most have described not much amenities and happening over weekend. It like living in office environment if one stays there. I would choose different environment after office hour.

As iterated a few time, go to the site to explore and observe and see whether you like the vibe there. Nothing beats the experience.

I like Landmark environment, next to the bustling Chinatown, Clarke Quay, SGH and many more central city amenities, but could be quiet depends on the unit facing. You got to enjoy cheap hawker/coffee shop prices and also many shopping malls, restaurants experience/services within short walking distant (5 to 15 mins).

Landmark a bit more expensive thou 1 bedder i think smaller

 

[scanner007]

Landmark a bit more expensive thou 1 bedder i think smaller

Size wise close. 517sqf (One Eden) vs Landmark (495/516 sqf).
As for price wise will depends on average. Let see what's the official price like.

But you are comparing City fringe vs OCR/boundaries of RCR.

 

[Falafell]

Indeed. To be frank, my official office is at One North, as most have described not much amenities and happening over weekend. It like living in office environment if one stays there. I would choose different environment after office hour.

As iterated a few time, go to the site to explore and observe and see whether you like the vibe there. Nothing beats the experience.

I like Landmark environment, next to the bustling Chinatown, Clarke Quay, SGH and many more central city amenities, but could be quiet depends on the unit facing. You got to enjoy cheap hawker/coffee shop prices and also many shopping malls, restaurants experience/services within short walking distant (5 to 15 mins).

If ONE is at the same psf as Landmark. No questions on the fact that Landmark would be a better pick. scanner007 has already brought up those points on the abundance of amenities at Landmark and Landmark being at the fringe of CCR.

 

[Falafell]

Also most purchasers of ONE are most likely for rental play. I dont see how there will be any joy own staying in a tenanted condo. Your neighbours will keep changing, one-north is very dead on weekends...

 

[mementomori]

Add in the new norm and the WFH culture, where we even have prop expert attributing Tanjong Pagar as a “ghost town”, would there be sufficient amenities in the one north area?

tanjong pagar got tennis courts? foreigners love tennis courts (NTU alumni house has one, and if can get a landlord to get membership and let tenant play etc.)

anyhow, who knows how it will be in 3/4 years time. but i agree, definitely not suitable for a family, but for expat/investment

Lol. Not sure if Eric has ever set foot in Tanjong Pagar, it's definitely not a ghost town

But yeah, in contrast to One North, Tanjong Pagar has tons of amenities (destination hawkers like Amoy and Maxwell within walking distance, 3-4 grocery stores, lots of F&B), two large HDBs (Tanjong Pagar HDBs and Pinnacle@Duxton) to give it a neighborhood feel, and much closer connectivity to everything. While the One North area will develop, it's uncertain that it'll build up enough of an ecosystem to compete with the likes of TP. Like Passer mentioned, you can get Landmark units for a similar price but with much less uncertainty - why buy ONE?

landmark units all taken up liao and not below 2k psf. if it's at 2k psf then yes, of course go for landmark.

 

[ThinkCarefully]

Haha but to be fair, LINQ and ONE not easy to compare. LINQ has all the sexy points that draw in Singaporean property pundits, such as FH, direct connection to mrt and mixed used commercial. And its the only FH with such connection. These points alone enough to make many Singaporean buyers buy without thinking more.

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Always TC (Think Carefully)!

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[ThinkCarefully]

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Most people who consider ONE would not be comparing with Holland or Orchard.

I believe the comparison is between ONE and older projects there and new launch, Normanton.

The question is whether ONE or NP will sell out earlier.

I think I know the answer...

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[NiShiZhu]

Haha but to be fair, LINQ and ONE not easy to compare. LINQ has all the sexy points that draw in Singaporean property pundits, such as FH, direct connection to mrt and mixed used commercial. And its the only FH with such connection. These points alone enough to make many Singaporean buyers buy without thinking more.

Hehe, linq which part sexy?
1) location not sexy
2) price not sexy
3) neighbouring resale condos and rental transaction also not sexy.

I think my kar chng more sexy.

 

[Passerboy]

Huatkuey for this project, very high scores. Think the 2bdr dual key is one to look for - expected rental 5200-5500/month wow..

 

[ThinkCarefully]

Huatkuey for this project, very high scores. Think the 2bdr dual key is one to look for - expected rental 5200-5500/month wow..

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After watching the video, you would have guesssd the answer to:


whether ONE or NP will sell out earlier.


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[Passerboy]

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After watching the video, you would have guesssd the answer to:


whether ONE or NP will sell out earlier.


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He stated in the video he wouldn’t compare NP to ONE... the reason can watch from video.

 

[ThinkCarefully]

He stated in the video he wouldn’t compare NP to ONE... the reason can watch from video.

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I am not Eric. I will compare and take into consideration.

You can Guess which will sell out first, can’t you?

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[scanner007]

Huatkuey for this project, very high scores. Think the 2bdr dual key is one to look for - expected rental 5200-5500/month wow..

3/4 years later then we will know whether his prediction for the rental is correct.....
I believe doing all these videos might have impact on those property newbie investors....
Pushing the sale?

 

[fearhimwhofearsnothing]

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After watching the video, you would have guesssd the answer to:


whether ONE or NP will sell out earlier.


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I rather buy this area vs Normanton Park

 

[mementomori]

Haha but to be fair, LINQ and ONE not easy to compare. LINQ has all the sexy points that draw in Singaporean property pundits, such as FH, direct connection to mrt and mixed used commercial. And its the only FH with such connection. These points alone enough to make many Singaporean buyers buy without thinking more.

freehold condo good meh?

you look at condo 30 years old you want to live there? 50 years? all ancient

 

[Passerboy]

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I am not Eric. I will compare and take into consideration.

You can Guess which will sell out first, can’t you?

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One North Eden would sell out first esp the 2bedroom DK. The projected rent is fantastic $52-500/month?.. mmm..

 

[hirokassy]

One North Eden would sell out first esp the 2bedroom DK. The projected rent is fantastic $52-500/month?.. mmm..

With more people WFH, how to rent 5200????????

 

[ThinkCarefully]

freehold condo good meh?

you look at condo 30 years old you want to live there? 50 years? all ancient

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The issue with fh v lh is that the age of building is the same. The difference in value is the land they sit on.

If someone comes along to enbloc, lh will normally need TOP up lease.

The problem is the price of fh v lh. Bala table says the difference at new is only 4%, but Developers are selling at 20% premium or more ... so is it worth it?

There was even one project, developer sold at about 3 times that of another new launch nearby that was lh...

So, for me, I believe in fh, but there is a limit how much more I am willing to pay as compared to similar lh...


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