PARC ESTA - THREAD

[Passerboy]

I think inward would actly be 16xx or else im def not gonna bite as well

Haha all the best, u must also have luck on ur side in this case if launch 16xxpsf, given the limited quantities of the smaller sized units.

 

[Shingoz]

I think inward would actly be 16xx or else im def not gonna bite as well

So have you swallowed a few units? Haha...

 

[1993newbie]

Subsale listing.

Studio unit, asking price $900k. $21xxpsf

 

[Polar Bear King]

Subsale listing.

Studio unit, asking price $900k. $21xxpsf

So early subsale?
Within 3 yrs pay SSD leh

 

[1993newbie]

Nearby PE, Tho another district, OLLOI a boutique FH in Lorong Changi development is transacting $16xxpsf.
21 out of 34 sold. 61.8%

 

[Protone]

Add to that if u visit Parc Esta and Penrose show flat, make a comparison on the show units it is like comparing a 5 star hotel w a 3.5 star hotel in terms of finishing.

200-400k more for 5 star hotel

 

[Passerboy]

200-400k more for 5 star hotel

The difference is not 200-400k between Parc Esta and Penrose if we were to compare initial launch for both, it’s actually pretty similar and for some unit size Parc Esta was even cheaper.

 

[Protone]

The difference is not 200-400k between Parc Esta and Penrose if we were to compare initial launch for both, it’s actually pretty similar and for some unit size Parc Esta was even cheaper.

Starting price is misleading. Average PSF times size should be about 200k plus. Maybe I’m wrong.

 

[WretchedEvil]

Are the remaining low floor 3 bedroom units facing Changi Road worth looking at? Really like the design and location but very wary of the road noise...

 

[Passerboy]

Are the remaining low floor 3 bedroom units facing Changi Road worth looking at? Really like the design and location but very wary of the road noise...

U comparing PE w Penrose? It depends on your budget and the current price think current prices hover around 17xxpsf.?

 

[Zetrio2006]

Median psf for Penrose in Sept $1541 psf.

Huat ar

 

[Passerboy]

Median psf for Penrose in Sept $1541 psf.

Huat ar

Penrose really huat, the price point is so near SUO one.

 

[1993newbie]

PPR 1 bedder first subsale transacted $925k.
How will this affect PE studios in subsale/resale market? Hmmmmm

Subsale listing.

Studio unit, asking price $900k. $21xxpsf

 

[sinequa88]

for the 1 bedder to transact at lower PSF than the 2 bedder.. seller must have been quite pressed to sell off..



last few 1 bedders also sold close to 2.2k psf

 

[1993newbie]

Quick search, 12 one bedder listing with asking price from $950k. Believe they’re the first batch of 2017 buyers where they got it from $787k onwards. SSD over for them.

As for second batch of 2018 buyers the price was adjusted starting from $935k onward with most remaining units sold beyond $1mil quantum.

Basically first batch buyers can sell it lower than second batch buyers hence setting the benchmark and valuation for the development. Wonder in resale market, will bank care if you’re a 1st or 2nd batch of buyers when it comes to valuation?

for the 1 bedder to transact at lower PSF than the 2 bedder.. seller must have been quite pressed to sell off..



last few 1 bedders also sold close to 2.2k psf

 

[NiShiZhu]

Quick search, 12 one bedder listing with asking price from $950k. Believe they’re the first batch of 2017 buyers where they got it from $787k onwards. SSD over for them.

As for second batch of 2018 buyers the price was adjusted starting from $935k onward with most remaining units sold beyond $1mil quantum.

Basically first batch buyers can sell it lower than second batch buyers hence setting the benchmark and valuation for the development. Wonder in resale market, will bank care if you’re a 1st or 2nd batch of buyers when it comes to valuation?

Yea, phase one buyer probably paid 16xxpsf-17xxpsf for PPR.
Hehe, now the resale price same quantum as daintree, jadescape one bedder

 

[1993newbie]

Resale wise:
PE studio at $900k Or PPR 1 bedder at $950k. Hmmmmm

 

[NiShiZhu]

PE studio 900k likely a test water listing.

 

[1993newbie]

Remaining studio units transacting beyond $20xxpsf. Will we see million dollar studio in RCR in years to come. Time will tell.

PE studio 900k likely a test water listing.

 

[1993newbie]

And on the other hand, we have Same district FREEHOLD development 1 bedders transacting $17xx-18xxpsf. URBAN TREASURE

Remaining studio units transacting beyond $20xxpsf. Will we see million dollar studio in years to come. Time will tell.