Penrose Sims Villa

aiyahwhatever

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I’m a fan of 1 bedder, so kaypo me.
District 14, one bedders (not studio) launch prices:

Parc esta, 452sqft > From $752k ($1662psf)
FH Urban treasure, 452sqft > From $845k ($1869psf)
Antares, 452sqft > From $789k ($1746psf)
Penrose, 474sqft > From $788k ($1666psf)

Kaypoh more, your data-driven analysis is very helpful for all of us :D Ty!
 

Seipher

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I’m a fan of 1 bedder, so kaypo me.
District 14, one bedders (not studio) launch prices:

Parc esta, 452sqft > From $752k ($1662psf)
FH Urban treasure, 452sqft > From $845k ($1869psf)
Antares, 452sqft > From $789k ($1746psf)
Penrose, 473sqft > From $788k ($1666psf)
not kaypo! I appreciate your sharing.

If comparing current parc esta price PR super attractive. But ultimately comparing against SUO looking at 50-100k difference in quantum. Of course in this case it's all pool facing so that's a plus. I'm unsure about the potential capital gain as a whole for the 1 bedder.
 

NiShiZhu

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wow bro u are the expert 🤣 I rmb us disagreeing that it would start from 14xxpsf even for PIE facing. Now ppl should know u are not a troll.

I did a site visit twice at PR. Really not a place many r motivated to stay.
It’s just my gut feel and assessment.
Plus CDL has the habit of sabo neighbouring projects. (Ie whistler grand sabo TV).
Thus, my prediction.
 

Passerboy

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I did a site visit twice at PR. Really not a place many r motivated to stay.
It’s just my gut feel and assessment.
Plus CDL has the habit of sabo neighbouring projects. (Ie whistler grand sabo TV).
Thus, my prediction.

Haha then in this case, CDL may end up self sabotage in the sense of not being able to fully sell their Amber Park and SKG. HL in the case of Midwood. Penrose is better than SKG and Midwood yet cheaper 😆
 

NiShiZhu

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Haha then in this case, CDL may end up self sabotage in the sense of not being able to fully sell their Amber Park and SKG. HL in the case of Midwood. Penrose is better than SKG and Midwood yet cheaper 😆

Now u mentioned HL, it could be the case they want to sell at this pricing to salvage their loses in midwood :D
 

NiShiZhu

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Penrose this price v Midwood 15-16xxpsf, no brainier leh which to buy

Midwood they no choice, bid high by mistake. So have to sell 15xxpsf-16xxpsf to breakeven. PR they bid Low so still got room to salvage their loses incurred from midwood.
 

drkcynic

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I did a site visit twice at PR. Really not a place many r motivated to stay.
It’s just my gut feel and assessment.
Plus CDL has the habit of sabo neighbouring projects. (Ie whistler grand sabo TV).
Thus, my prediction.

I don't fancy the location as well. Any reason why you mention it is not a good place to stay?

Price though, quite unbeatable for 2 bedders.

Any idea whats the difference between 2BRP and 2BR? 2BR2B versus 2BR1B?
 

drkcynic

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Haha then in this case, CDL may end up self sabotage in the sense of not being able to fully sell their Amber Park and SKG. HL in the case of Midwood. Penrose is better than SKG and Midwood yet cheaper 😆

SKG also just drop price.. coincidence?
 

NiShiZhu

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I don't fancy the location as well. Any reason why you mention it is not a good place to stay?

Price though, quite unbeatable for 2 bedders.

Any idea whats the difference between 2BRP and 2BR? 2BR2B versus 2BR1B?

The vibes there very depressing, surrounded by industrial estate and old hdb.
Then it’s located next to expressway. It’s the kinda RCR that u won’t feel like staying there.

I go PE showflat twice also, very different vibes. That one I will stay.

But of coz, my heart is still in D15 for self stay, D14 more for investment.
 

drkcynic

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The vibes there very depressing, surrounded by industrial estate and old hdb.
Then it’s located next to expressway. It’s the kinda RCR that u won’t feel like staying there.

I go PE showflat twice also, very different vibes. That one I will stay.

But of coz, my heart is still in D15 for self stay, D14 more for investment.

Yeah I don't like the feel of Aljunied Mrt surroundings on a whole. Don't like that side of Geylang in general.

I don't like D15 as well no offense. Just driving there I have came across enough of the obnoxious people, can't imagine staying there. It's also full of CECAs haha.
 

daheigou999

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I did a site visit twice at PR. Really not a place many r motivated to stay.
It’s just my gut feel and assessment.
Plus CDL has the habit of sabo neighbouring projects. (Ie whistler grand sabo TV).
Thus, my prediction.

Waiting for CDL to spoil market on Irwell Bank GLS, you think will happen?

ps for hijack
 

Wazwaz

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Quite a number will face west sun, doesn’t impact on investing ?

Just curious , What your view on west sun impacting the rental / value of the house ?
 

daheigou999

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Quite a number will face west sun, doesn’t impact on investing ?

Just curious , What your view on west sun impacting the rental / value of the house ?

Another reason to get low-balled? If you’re referring to Irwell, I think CDL would be experienced enough to tilt the buildings such that it’s not direct west-facing
 

Passerboy

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Quite possible. Breakeven for Irwell Bank is about $2050. Even if sell at $2,400 PSF, will sabo Riviere and Martin Modern.

High chance CDL would launch around 24xxpsf, can sabo Riviere but unlikely Martin Modern since MM almost all sold out.
 
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