Penrose Sims Villa

scanner007

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Maybe have to wait for Electric vehicles to be popular and on the road while the combust engine vehicles is gone. The road and expressway will be quieter.
Units facing the road will be safe! LOL
 

NiShiZhu

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Hehe.. 17-18xxpsf I think are those inwards facing units bro, the expressway/main road facing ones 14xx-15xxpsf I think we both agree hard not to make money bah.
14xx-15xxpsf can make.
16xxpsf onwards most likely breakeven nia after BSD, agent fee.
17xxpsf-18xxpsf if can make profit I quit this forum.....hahaha. :D
 

Passerboy

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14xx-15xxpsf can make.
16xxpsf onwards at best breakeven nia.
17xxpsf-18xxpsf if can make I quit this forum.....hahaha. :D
Hahaha! Extreme bro, we still need ur presence here. Maybe can make but not a lot for below $1800psf.. anything above I say Good Luck.

recently I see the resale Gem Residences for example if u buy resale above $1700psf also GG.. so Penrose still got good hope.
 

䏣炆玧示老太

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Lan poon cheap cheap of coz can sell la


hehe bro, u r too optimistic.
I would say those who bought 1700-1800psf for this next to expressway project wont make money in resale :D

those bought at 16xxpsf at best breakeven nia.
Again, don’t take my guess too seriously, more for fun only.
Not for sure geh
Lanpoon cheap cheap may not find 2nd hand buyer. See luck one
 

NiShiZhu

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Hahaha! Extreme bro, we still need ur presence here. Maybe can make but not a lot for below $1800psf.. anything above I say Good Luck.

recently I see the resale Gem Residences for example if u buy resale above $1700psf also GG.. so Penrose still got good hope.

haha, can get my current account suspended and open a new one. :D
Then start as a newbie.
see if u guys can recognise me.
 

1993newbie

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OK. It means that likely the price is supported. Whether Clavon will make money -> time will tell? But what''s the probability? :)

Interesting months ahead for CLEMENT CANOPY Coz the first batch of buyers 4 years SSD just ended last month, looking at the transactions, 4 bedders are the most popular in the resale market for the stretch.
3 units of which are 4bedders sold this year. Let’s see on the demand of the smaller units for Clem Ave 1 in upcoming months. 😊

On the other side, TRILINQ sees 13 units transacted this year! Pretty healthy with a mixture of 1-4 bedders.
 

ThinkCarefully

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14xx-15xxpsf can make.
16xxpsf onwards most likely breakeven nia after BSD, agent fee.
17xxpsf-18xxpsf if can make profit I quit this forum.....hahaha. :D

###

Sometimes Other events can contribute to new launch resale profitability...

For example if market rise so much that Tanan Merah (and other ocr) new launch can sell briskly at 2000 psf Avg, then people may look at penrose subsale or resale after TOP at 2000 psf as reasonable.

Also, what are the other alternatives / options? Because d14 has many many small and sometimes boutique alternatives (fh some more) available at 14xx psf and below, this provides some kind of support where prices will not fly too high in d14, or else the ‘gap’ will make buying a fh resale a better choice...

This also results in d14 being one of the most affordable RCR in Singapore. Rental yield also one of the best...



Just my 2 cents when I look at d14...

###
 
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NiShiZhu

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###

Sometimes Other events can contribute to new launch resale profitability...

For example if market rise so much that Tanan Merah (and other ocr) new launch can sell briskly at 2000 psf Avg, then people may look at penrose subsale or resale after TOP at 2000 psf as reasonable.

Also, what are the other alternatives / options? Because d14 has many many small and sometimes boutique alternatives (fh some more) available at 14xx psf and below, this provides some kind of support where prices will not fly too high in d14, or else the ‘gap’ will make buying a fh resale a better choice...

This also results in d14 being one of the most affordable RCR in Singapore. Rental yield also one of the best...



Just my 2 cents when I look at d14...

###

hehe, some of your points do makes sense but can do me a favour? Please don’t insult tenah Merah or other better located OCR by comparing it to penrose :s13:
Recent tenah Merah site achieved 930ppr, let’s see the site next to penrose worth the developer’s effort to bid that kinda price.
Again, if OCR seaside selling 2kpsf means penrose RCR can sell 2200psf?
OCR/RCR sometimes is too loosely used. Likewise there’s some RCR location much better than CCR. Must see the exact location and the surrounding vibes.

Guess not many enjoys living next to expressway surrounded by industrial estates and pay 17xxpsf/18xxpsf, except some outlier like propinvestor:s13:
I still stand by my point penrose is only good if one enters 14xx-15xxpsf. Anything more than that....hehe

D14 consist of sites like urban treasure, Antares, SUO, geylang boutique units, sims (Parc esta), PLQ, Dakota R, water bank...
Are all these sites in D14 created equal? Your call.
 
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Passerboy

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hehe, some of your points do makes sense but can do me a favour? Please don’t insult tenah Merah or other better located OCR by comparing it to penrose :s13:
Recent tenah Merah site achieved 930ppr, let’s see the site next to penrose worth the developer’s effort to bid that kinda price.
Again, if OCR seaside selling 2kpsf means penrose RCR can sell 2200psf?
OCR/RCR sometimes is too loosely used. Likewise there’s some RCR location much better than CCR. Must see the exact location and the surrounding vibes.

Guess not many enjoys living next to expressway surrounded by industrial estates and pay 17xxpsf/18xxpsf, except some outlier like propinvestor:s13:
I still stand by my point penrose is only good if one enters 14xx-15xxpsf. Anything more than that....hehe

D14 consist of sites like urban treasure, Antares, SUO, geylang boutique units, sims (Parc esta), PLQ, Dakota R, water bank...
Are all these sites in D14 created equal? Your call.
Agreed, very sharp bro. And I feel that we cannot just generalise by district, the exact locale of the site is more important.

Take for example another district - D3, u can either be at a location right smack Outram or some ulu Jalan Bukit Merah, both projects would have a huge difference in psf terms.
 

ThinkCarefully

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hehe, some of your points do makes sense but can do me a favour? Please don’t insult tenah Merah or other better located OCR by comparing it to penrose :s13:
Recent tenah Merah site achieved 930ppr, let’s see the site next to penrose worth the developer’s effort to bid that kinda price.
Again, if OCR seaside selling 2kpsf means penrose RCR can sell 2200psf?
OCR/RCR sometimes is too loosely used. Likewise there’s some RCR location much better than CCR. Must see the exact location and the surrounding vibes.

Guess not many enjoys living next to expressway surrounded by industrial estates and pay 17xxpsf/18xxpsf, except some outlier like propinvestor:s13:
I still stand by my point penrose is only good if one enters 14xx-15xxpsf. Anything more than that....hehe

D14 consist of sites like urban treasure, Antares, SUO, geylang boutique units, sims (Parc esta), PLQ, Dakota R, water bank...
Are all these sites in D14 created equal? Your call.


###

Yes, I agree that District and RCR/OCR classifications can be grey as there are always both high and Low ends to be considered...

I am just trying to generalise ( too much to some people). The question is always what is the next alternative..the next alternative may not be the same like for like as it is not the same project/ facing/ age etc... but given the price gap would buyers buy that alternative ... that’s the question..


D14, by its location and pricing, is always interesting.

###
 

䏣炆玧示老太

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14xx-15xxpsf can make.
16xxpsf onwards most likely breakeven nia after BSD, agent fee.
17xxpsf-18xxpsf if can make profit I quit this forum.....hahaha. :D
wait long enough not hard to see transaction of psf>$1700
average psf islandwide tipped to be $3000 by 2030
 

NiShiZhu

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wait long enough not hard to see transaction of psf>$1700
average psf islandwide tipped to be $3000 by 2030
Of coz if we set a time line like another 1-2 decade, probably you r right to say that inflation will definitely do its job.

but how many decades does one has in life?
$3000psf for penrose? Wahahaha. I can give it until year 2040 to see whether it happens.
:D
 

䏣炆玧示老太

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Of coz if we set a time line like another 1-2 decade, probably you r right to say that inflation will definitely do its job.

but how many decades does one has in life?
$3000psf for penrose? Wahahaha. I can give it until year 2040 to see whether it happens.
:D
average $3k psf over SG
Penrose may hit $2k while ORchard hit $5k
not rare lar since we looked back to 2000 price it was like $650
 

daheigou999

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Agreed, very sharp bro. And I feel that we cannot just generalise by district, the exact locale of the site is more important.

Take for example another district - D3, u can either be at a location right smack Outram or some ulu Jalan Bukit Merah, both projects would have a huge difference in psf terms.
Ya, it’s like saying Riviere is in a lanpoon location just because it is D3 (even though it is well within RQ)
 

ThinkCarefully

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Of coz if we set a time line like another 1-2 decade, probably you r right to say that inflation will definitely do its job.

but how many decades does one has in life?
$3000psf for penrose? Wahahaha. I can give it until year 2040 to see whether it happens.
:D


####


Even no timeline..doing a cmx analysis.

If a new launch (lh) 3 min from mrt in d14 is asking for 2.500 psf, there are boutique <8 yo, fh) in d14, 7 mins to mrt asking for 1.200 psf... will buyers be tempted to choose the boutique fh or new launch sure huat, buy (no matter how high) will still huat?


Like some people appreciate, if the gap is too wide... resale may find some deals...although someone here swear never to touch resale...

Look at st today... resale already picked up.. haha

https://www.google.com.sg/amp/s/www...it-10-year-high-prices-up-01-in-march-srx?amp
###
 
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