Parc Greenwich EC

[CaptainSGP]

Is that a reason why buying trend seems younger now haha.. next year seems like it for many waiting on the side lines. Marina View $23xxpsf ok to buy?

I waiting/hoping for 20xx.

 

[skpuppy]

Yes, cheaper assuming you are able to get standard or preferred rates with full medical underwriting.

Yeah. I think quite difficult for mid career ppl who buy million dollar property. I would say easier 50% got some problem here and there

 

[NiShiZhu]

Yeah. I think quite difficult for mid career ppl who buy million dollar property. I would say easier 50% got some problem here and there

My problem is more on mental

 

[skpuppy]

My problem is more on mental

Mental?

 

[Passerboy]

I waiting/hoping for 20xx.

wow u never spare a tot for those who bought one Bernam at $25xxpsf up ah? Even the M hits $30xxpsf alr u want $20xxpsf for Marina View site… this one at Marina area. Story of GSW!

 

[Passerboy]

My problem is more on mental

Too much cash and too many choices to choose from?

 

[Passerboy]

U buy a few times u will get to know profit made nowadays is not as rosy as last time. Maybe that’s y become more humji.
Marina view 2.3kpsf can throw in cheque la I guess

Captain hoping for $20xxpsf.. now I readjust expectations to $21xxpsf bah. I will jus have the lowest floor unit..

 

[NiShiZhu]

Too much cash and too many choices to choose from?

Money not everything. Health more important bro.
I think I had enough of property liao. Hope to look into other forms of investment. Got any lobang?

 

[NiShiZhu]

Captain hoping for $20xxpsf.. now I readjust expectations to $21xxpsf bah. I will jus have the lowest floor unit..

Captain very hiong, he thought marina view = NP?

 

[CaptainSGP]

Captain very hiong, he thought marina view = NP?

Lol Hope 20xx not equal to will launch at from 20xx, given IOI bought the land on the cheap. One Bernam launch price is from 22xx, so its not that far off.

Marina View high floor can see NP

 

[CaptainSGP]

wow u never spare a tot for those who bought one Bernam at $25xxpsf up ah? Even the M hits $30xxpsf alr u want $20xxpsf for Marina View site… this one at Marina area. Story of GSW!

From a pure demand/supply perspective, im not too convinced by Tanjong Pagar/Raffles Place area properties.

Demand - With work from home/hybrid work being more common in the financial services industry, the demand for Marina Bay & Tanjong Pagar properties may not be as high as Pre-Covid. Especially these condos tend to be high GPR & have less facilities & landscaping spaces. These Current ABSD rates for foreigners are pretty high to dampen demand from foreigners.

Supply - Based on URA masterplan & CBD residential incentive, a lot more residential units will emerge in the Tanjong Pagar & Marina Bay area.

Of course when I say 20xx, it is referring to the cheapest unit/worst facing & it is a price i hope for. Hope not equal to reality. I do think that actual prices will be significantly higher !

 

[CaptainSGP]

Captain very hiong, he thought marina view = NP?

I hope NP launched at 15xx psf but didnt happen

 

[Passerboy]

Money not everything. Health more important bro.
I think I had enough of property liao. Hope to look into other forms of investment. Got any lobang?

Buy BTC, go big on go home.. it’s a roller coaster though haha.. I got some at 3xk levels..

 

[Passerboy]

From a pure demand/supply perspective, im not too convinced by Tanjong Pagar/Raffles Place area properties.

Demand - With work from home/hybrid work being more common in the financial services industry, the demand for Marina Bay & Tanjong Pagar properties may not be as high as Pre-Covid. Especially these condos tend to be high GPR & have less facilities & landscaping spaces. These Current ABSD rates for foreigners are pretty high to dampen demand from foreigners.

Supply - Based on URA masterplan & CBD residential incentive, a lot more residential units will emerge in the Tanjong Pagar & Marina Bay area.

Of course when I say 20xx, it is referring to the cheapest unit/worst facing & it is a price i hope for. Hope not equal to reality. I do think that actual prices will be significantly higher !

I have the same sentiments, more so with the pandemic, even the pandemic becomes endemic, gut sense is that we would be seeing a hybrid work model, WFH 2 days WFO 3 days, there would be less dependence on an office structure for work and hence, lower demand for properties in Tanjong Pagar/Marina area.

I would gladly take the lowest floor, worst facing Marina View unit assuming affordable quantum at $21xxpsf ($100psf more than u) haha.

Oops, why did we bring Marina View into Parc Greenwich, totally different asset class EC v Pc and target buyers.

 

[CaptainSGP]

I have the same sentiments, more so with the pandemic, even the pandemic becomes endemic, gut sense is that we would be seeing a hybrid work model, WFH 2 days WFO 3 days, there would be less dependence on an office structure for work and hence, lower demand for properties in Tanjong Pagar/Marina area.

I would gladly take the lowest floor, worst facing Marina View unit assuming affordable quantum at $21xxpsf ($100psf more than u) haha.

Oops, why did we bring Marina View into Parc Greenwich, totally different asset class EC v Pc and target buyers.

If 21xx, I will also gladly take, just that im a little more greedy & hope for even lower But if JAB launch at 18xx, i may get JAB instead

 

[Passerboy]

If 21xx, I will also gladly take, just that im a little more greedy & hope for even lower But if JAB launch at 18xx, i may get JAB instead

JAB less downside risk I think, initially I was all for JAB thinking Marina View is gg to be expensive, end up lone land bid and Low somemore, so I’m quite split now.

$18xxpsf and $23xxpsf are both good buys for JAB and MV… jus a matter of choice.

Bro NI which would u pick between the two? Don’t say the M wor.. now the M don’t look so good anymore compared to possibility of getting MV at $23xxpsf.

 

[NiShiZhu]

Buy BTC, go big on go home.. it’s a roller coaster though haha.. I got some at 3xk levels..

Might as well go casino buy big/small?
I want something like this. No need to work but got regular income.

 

[Entity]

Might as well go casino buy big/small?
I want something like this. No need to work but got regular income.

selling put options got risk also wor.. the underlying stock must be a good one that u are comfortable to hold in long run..

 

[Passerboy]

Might as well go casino buy big/small?
I want something like this. No need to work but got regular income.

This one can ask bro scanner but I reckon it’s higher risk to dabble in options trading.

 

[NiShiZhu]

selling put options got risk also wor.. the underlying stock must be a good one that u are comfortable to hold in long run..

This one can ask bro scanner but I reckon it’s higher risk to dabble in options trading.

Sigh, looks like my milo tin is still the best