Pasir Ris 8 - integrated development at Pasir Ris Central

[Passerboy]

Going by recent norms, a standard one bedder must be at least 4xxsqft. If any one bedder falls within 3xxsqft, I feel not advisable to take the plunge even if quantum is affordable.
Or should I say, the minimum size for a one bedder should be at least 4xxsqft to be deem as humane?

The one bedder starts 4xxsqf, the smallest should be studio 3xxsqf. Think Canninghill Piers more for investment? Saw 2b2b 650sqf (not sure if it’s accurate).

 

[daheigou999]

to be fair who will want to pay ABSD if one can avoid doing so? the only reason one will pay is because he has one unit already, his spouse has one, his entire family has one and there are no other names to use, yet want to be vested

To the real rich, 12% to them is maybe equivalent to what we are paying for GST or income tax, eventually we will get used to it overtime.

I have foreign colleagues who bought ASR and paid 20% ABSD knowing it will take 10 years to breakeven, but they do it simply because they can afford it. So eventually i realized $1k to me is a big amt, but to others its just a rounding error.

I hope your colleagues are actually rich Otherwise, they have 10 years to repent in Silat Ave

 

[Passerboy]

I hope your colleagues are actually rich Otherwise, they have 10 years to repent in Silat Ave

While hoping the GSW story unfolds sooner than expected.

 

[NiShiZhu]

While hoping the GSW story unfolds sooner than expected.

Hehe, how to? Even bto can’t be delivered on time. Let alone dunno wat GSW.

 

[arctician]

I hope your colleagues are actually rich Otherwise, they have 10 years to repent in Silat Ave

i think rich is too conservative a word to describe them. some are born lucky and heir to family conglomerate but came SG to experience life, everyone here repent liao also wont be their turn.

those not rich one but talk very loud, yes encountered alot too...the $1.5M ramesh incident is good example. nowadays 1.5m is not going to turn heads unlike 10 years ago. SKG, PR8 all the 3 bedders hit this min already

 

[1993newbie]

Hehe, how to? Even bto can’t be delivered on time. Let alone dunno wat GSW.

There’s GSW, Paya Lebar , punggol digital, Seletar aerospace park… Wah seyyyyyyyyyyyyyyyy

 

[ThinkCarefully]

i think rich is too conservative a word to describe them. some are born lucky and heir to family conglomerate but came SG to experience life, everyone here repent liao also wont be their turn.

those not rich one but talk very loud, yes encountered alot too...the $1.5M ramesh incident is good example. nowadays 1.5m is not going to turn heads unlike 10 years ago. SKG, PR8 all the 3 bedders hit this min already

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Exactly. Met quite a few, money too much to feel any pain if the lose some....some take it as a gamble or like enjoying luxury products... buy, enjoy brand new, discard (sell) when unhappy... win or lose irregardless...

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[ThinkCarefully]

At least he does it with conviction
This is something I don’t have currently

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This brings to another question.

if someone has the conviction and crystal ball to see that a unit can appreciate 20 to 30% in 4-5 years and decide to pay 12% absd, is it a feasible decision or not?

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[NiShiZhu]

My crystal ball tells me come here air balls good enough already, don’t play too big

 

[arctician]

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Exactly. Met quite a few, money too much to feel any pain if the lose some....some take it as a gamble or like enjoying luxury products... buy, enjoy brand new, discard (sell) when unhappy... win or lose irregardless...

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its like the mindset of ppl when driving cars, some thrifty one will drive for 10y to minimize the depre, some change after 3 years with highest depre, simply coz people can afford it.

i know of some senior mgmt who stay GCB in nassim, when one is at that level $1-2M to them is like what $20k is to us.

 

[RMUH2019]

Pasir Ris area a lot of condos right? Would PR8 lose out on rental?

 

[GreenGecko]

Is VVIP open for non-agents as well, or just for agents?

 

[Rxgn]

Is VVIP open for non-agents as well, or just for agents?

Open to family buy as well.

Example u and your real sis are getting one each unit

 

[ThinkCarefully]

Open to family buy as well.

Example u and your real sis are getting one each unit

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It depends on projects.

My Friend tried that with his sis for one new launch, the developer said unless 3 or more units, no special treatment.

This one is by a Chinese developer, don’t know about others.

On Looking back at my portfolio, I have NEVER bought anything from a China developer... dunno if I will in the future...

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[abcde83]

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It depends on projects.

My Friend tried that with his sis for one new launch, the developer said unless 3 or more units, no special treatment.

This one is by a Chinese developer, don’t know about others.

On Looking back at my portfolio, I have NEVER bought anything from a China developer... dunno if I will in the future...

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maybe in the future u will have no choice but to buy from china developers.. they are everywhere

 

[ThinkCarefully]

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This project Super huat...for the Developers... they are likely to sell well even with >50% margin


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[holasingapura]

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This project Super huat...for the Developers... they are likely to sell well even with >50% margin


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They will tell you where got 50% margin!!???

Labor shortage, commodity price skyrocket, construction is very high!!! We are struggling!!!!

 

[page||]

Ownself do estimation. 50% profit margin to work with.. Developers Huat kueh!!!!!!!

 

[Falafell]

They will tell you where got 50% margin!!???

Labor shortage, commodity price skyrocket, construction is very high!!! We are struggling!!!!

Precisely, they even removed the public space GFA in their land cost calculation!!!

 

[ThinkCarefully]

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Eric’s video spelt out all the numbers and calculations...

really huge Huat kueh!

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