Penrose Sims Villa

[NiShiZhu]

Haha aiyo told u not at all u still insist ..
ur words hold no weight to me la..just wondering only
what u had mention , buyers all aware, u don't have to be like parrot keep repeating since day 1. Lol.
moreover those facing expreswway all fully sold.
Why u so concern or bother people like to stay facing expressway or ind estate ? Penrose buyers like the convenient and city fringe estate in D14 that matters.
To each his own bro Zhu .

SG is a small city, a lot of development are mainly located right infront of busy road , u paid for what u get .
Tbh, I think LH jovell@ Flora Drive , Normanton park facing forest, If not freehold Parc komo or ki residences , surround by landed enclave facing prison or Maju camp , Low quantum , V quiet and ulu and no MRT , u sure like it

Ar Bo if u still can't afford , wait till Coney Island new launch if any
All the best to ur new hunt bro! Huat la !!

Hehe, if u r so confident of your purchase, you shouldn’t be bothered by my comments. At least season and confident buyers won’t do that.

Congrats again for your purchase, Buy Liao just move on, this is an open forum and everyone is entitled to their views on different projects.
Already said this many times, if buy at 14xx-15xxpsf, one should be pretty safe. Anything more than that....err..hehe. Antares at 17xxpsf (that sits on quieter enclave, with mrt at doorstep and hawker) already not selling well. my comments r based on facts and not on emotion. If u only want to hear nice words maybe u and your fellow neighbour (propinvestor40) can link up with the agent everyday to get some assurance instead of coming here to read 174 pages of brutal truth.

 

[䏣炆玧示老太]

With 3 minutes walk to aljunied mrt. RCR. In between kallang and paya lebar. This Penrose is a gold mine. Day 1 , 60% sold. The sales tell all.

If 3 mins away would be fully sold on day 1
I’m sure the walking takes longer

 

[sgpropertyblog]

just to share, the price will be adjusted upwards wef 26th apr onwards..

 

[1993newbie]

Hehe, if u r so confident of your purchase, you shouldn’t be bothered by my comments. At least season and confident buyers won’t do that.

Congrats again for your purchase, Buy Liao just move on, this is an open forum and everyone is entitled to their views on different projects.
Already said this many times, if buy at 14xx-15xxpsf, one should be pretty safe. Anything more than that....err..hehe. Antares at 17xxpsf (that sits on quieter enclave, with mrt at doorstep and hawker) already not selling well. my comments r based on facts and not on emotion. If u only want to hear nice words maybe u and your fellow neighbour (propinvestor40) can link up with the agent everyday to get some assurance instead of coming here to read 174 pages of brutal truth.

Antares, launch back in Sept 2019. So far only 86 out of 265 sold, 32.5%.
Average Psf > $1799psf
Land acquired April 2018.

 

[NiShiZhu]

Antares, launch back in Sept 2019. So far only 86 out of 265 sold, 32.5%.
Average Psf > $1799psf
Land acquired April 2018.

That’s how I derive 14xx-15xxpsf for penrose is my limit. Anything more than that I felt not much meat left.
if Parc Esta I can buy at 16xxpsf during launch, why would I even want to pay 16xxpsf onwards for penrose? Lol.
Antares already tell the full story, at 17xxpsf, there’s already not many takers. How would penrose enter resale market at 18xxpsf/19xxpsf in near future?

It’s ok la, I get attacked by first time buyers for telling the truth too often already.
One really need to put their units in resale listing in order to understand how realistic your future buyers r willing to pay for your unit.

 

[ThinkCarefully]

###

Central D14 (nearer Kallang side) is a very interesting district if you draw a circle from left of Aljunied to Eunos and go southwards to Dakota ..

1. The ‘peak’ are units very close to PLQ mrt/ mall ... priced about 2000 psf, for example lh ppr

2. Then there are many 99 lh along from Aljunied to Eunos, you just follow the mrt lines.. from penrose to esta

3. Then you have those around Dakota (lh) and guillemard crescent, like arena (fh) (also priced higher)

4. Next you have fh boutique in the Lorongs... some selling pretty well like rezi and noma.

IMO, if I am coming into this area (new launch or resale) I will consider ...

Will the 99 lh peak peak higher with time?
Will the 99 lh condos move upwards?
Will the boutique fh catch up?
Is my intention for rental or capital gain? What is my holding period? Any chance of enbloc?


(Once I complete my analysis and made my decision, I would not care what others comment... who knows they comment so much also may not make as much as my last purchase... haha)

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[NiShiZhu]

###

D14 is a very interesting district if you draw a circle from left of Aljunied to Eunos and go southwards to Dakota ..

1. The ‘peak’ are units very close to PLQ mrt/ mall ... priced about 2000 psf, for example lh ppr

2. Then there are many 99 lh along from Aljunied to Eunos, you just follow the mrt lines.. from penrose to esta

3. Then you have those around Dakota (lh) and guillemard crescent (fh) (also priced higher)

4. Next you have fh boutique in the Lorongs... some selling pretty well like rezi and noma.

IMO, if I am coming into this area, I will consider ...

Will the 99 lh peak peak higher with time?
Will the 99 lh condos move upwards?
Will the boutique fh catch up?
Is my intention for rental or capital gain? What is my holding period? Any chance of enbloc?


(Once I complete my analysis and made my decision, I would not care what others comment... who knows they comment do much also may not make as much as my last purchase... haha)

###

To add on, the surrounding vibes in different parts of D14 varies widely.....from urban treasure to Antares to SUO to Parc Esta to geylang boutique dev, to PLQ to Dakota.....

not sure why some first time buyers can get so easily triggered when comparison are made. Lol.

 

[ThinkCarefully]

###

Central D14 (nearer Kallang side) is a very interesting district if you draw a circle from left of Aljunied to Eunos and go southwards to Dakota ..

1. The ‘peak’ are units very close to PLQ mrt/ mall ... priced about 2000 psf, for example lh ppr

2. Then there are many 99 lh along from Aljunied to Eunos, you just follow the mrt lines.. from penrose to esta

3. Then you have those around Dakota (lh) and guillemard crescent, like arena (fh) (also priced higher)

4. Next you have fh boutique in the Lorongs... some selling pretty well like rezi and noma.

IMO, if I am coming into this area (new launch or resale) I will consider ...

Will the 99 lh peak peak higher with time?
Will the 99 lh condos move upwards?
Will the boutique fh catch up?
Is my intention for rental or capital gain? What is my holding period? Any chance of enbloc?


(Once I complete my analysis and made my decision, I would not care what others comment... who knows they comment so much also may not make as much as my last purchase... haha)

###

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D14 is one of my favourite hunting grounds along with D5, D12, D13 and D19.

that being said... it does not mean other districts do not have good buys...with time and shift in market dynamics, my hunting ground may shift as well.

Some districts I shall not touch are those that try to price like D9-11, but are actually not...I would rather get the REAL D9-11 for similar prices.


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[Nimadeji]

This nishizhu camp 24/7 every thread with negative vibes. He stay yishun Hdb only.

Seriously ? Doesn’t matter where he stay.. he know nut in general so Coney Island suit him more

 

[NiShiZhu]

Seriously ? Doesn’t matter where he stay.. he know nut in general so Coney Island suit him more

Hehe, Small time insecure buyer spotted
Probably the clone of prop********ter40.
Why buy until so no confidence? Need to create virgin post to attack those who give -ve comments.

 

[bujingyun82]

New feature I just discovered... welcome bro 你妈的鸡.. knn.. you joined at 3.19am.. salute..

 

[NiShiZhu]

New feature I just discovered... welcome bro 你妈的鸡.. knn.. you joined at 3.19am.. salute..

Bought penrose liao can’t sleep?

 

[䏣炆玧示老太]

Bought penrose liao can’t sleep?

or aussie/european/USA

 

[propertyinvestor40]

Nah. It is not my clone. I think a lot of ppl non forum member see u as a joke, nishizhu. So create account to suan u first. If u dun like Penrose , u can take up normaton park or the reef at 1800-2000. But for u highly unlikely because u only own a Partially paid yishun Hdb. Only camp here 24/7 with envy, keyboard warrior nishizhu.

 

[drkcynic]

Congrats on your purchase! Huat ah! Decent buy I would say, with SUO resale prices still holding strong at ~15xxpsf

Went to randomly pull out some transactions sold in 2021 for the smaller units, it's obviously a flop. Minus stamp duty, agent fees and all that misc costs mostly earned nothing.

Bumped in resale in recent months earned owners some money. Let's see if it persists.

 

[NiShiZhu]

Nah. It is not my clone. I think a lot of ppl non forum member see u as a joke, nishizhu. So create account to suan u first. If u dun like Penrose , u can take up normaton park or the reef at 1800-2000. But for u highly unlikely because u only own a Partially paid yishun Hdb. Only camp here 24/7 with envy, keyboard warrior nishizhu.

Hehe I didn’t know someone who call themselves as propinvestor would invest in something in the middle of expressway and industrial estates. Hehe, Well done bro. Don’t forget to invite us to your house warming coz I need to prepare myself for N95 face mask. Though I don’t stay in yishun, but I’m sure yishun hdb likely more conducive to stay than your expressway/industrial estates facing unit

 

[NiShiZhu]

Went to randomly pull out some transactions sold in 2021 for the smaller units, it's obviously a flop. Minus stamp duty, agent fees and all that misc costs mostly earned nothing.

Bumped in resale in recent months earned owners some money. Let's see if it persists.

And not forgetting those who bought SUO in 2016 are during the property lull period where price is one of the lowest. Probably they would be much much better off if they buy poiz residence, high park residence etc during that era instead of SUO.

 

[Passerboy]

Went to randomly pull out some transactions sold in 2021 for the smaller units, it's obviously a flop. Minus stamp duty, agent fees and all that misc costs mostly earned nothing.

Bumped in resale in recent months earned owners some money. Let's see if it persists.

This figure only tell one part of story leh.. checked there were 35 positive transactions in past 6 months, a lot were in fact more than 100k (which I felt is already a lot) not many proj can get this resale volume and profit, at least there were 0 unprofitable transaction since launch.

 

[NiShiZhu]

This figure only tell one part of story leh.. checked there were 35 positive transactions in past 6 months, a lot were in fact more than 100k (which I felt is already a lot) not many proj can get this resale volume and profit, at least there were 0 unprofitable transaction since launch.

Bro it’s 2016 era. Most projects launch in 2015/2016 era mostly r performing much better off in terms of profitability than this one.
The qns is for those who bought penrose at 16xxpsf upwards, definitely resale not much meat left.

 

[Passerboy]

Bro it’s 2016 era. Most projects launch in 2015/2016 era mostly r much much better off than this one.

That’s true also la.. but also want to show a balanced view that many made more than 100k from SUO which is pretty decent..

I give another example project launched ard same time- eight riversuites past six months 4 loss making resale transaction one is at much as 2xxk.. and their profits mostly under 100k.. it’s also not holding value now psf dipping to 13-14xxpsf..