Reserve Residences

[jeffong]

Nope.. have not received anything yet. Anyway, it's not like we have a choice of who gets picked

 

[petetherock]

Nope.. have not received anything yet. Anyway, it's not like we have a choice of who gets picked

Had dinner and there were some people in the industry seated nearby so I asked and they confirm it's 99% Woh Hup..

 

[petetherock]

FYI
The site is targeted to start construction works sometime in 1st Quarter 2024.

 

[mini_cow]

However I fear for a lot of the youngsters going all out into this Sell 1 Buy 2 nonsense perpetuated by all these agents. All it takes to drive them into bankruptcy is a Black Swan event as they have no holding power at all and blinded by the belief that rental can cover everything. This is especially dangerous with PSF's being driven to unheard levels now.

they have to do their own dd and risk management...no one can help you if you dont even know your own risk appitite and financial strength.

of course this applies to our parents and grandparents. easy for us now to look back and ask them aiyoooo why you never chiong landed last time when it was so cheap. or buy multiple properties when got no absd...

 

[Johnpierpontmorgan]

This will make those that aren't near MRT highly undesirable.

Singaporeans are very practical people. We want convenience and we want things done fast and efficienctly. Apart from the very rich, even the upper middle class ones sometimes do take public transport and MRT is the no.1 modality everyone seeks.

Condo is rent out mainly to foreigners (largest demo) they also want convenience mrt just right below

 

[DevilPlate]

Condo is rent out mainly to foreigners (largest demo) they also want convenience mrt just right below

Most of my past tenants rely alot on taxis/grab though.

I suppose smaller units like 1/2 BR especially in OCR, potential tenants with lower budgets rely on public tpt more.

 

[Johnpierpontmorgan]

Most of my past tenants rely alot on taxis/grab though.

I suppose smaller units like 1/2 BR especially in OCR, potential tenants with lower budgets rely on public tpt more.

Why waste money when u r beside mrt

 

[DevilPlate]

Why waste money when u r beside mrt

why not if its family tenant profile....they call grab everywhere they go from what i know hahaa

 

[jeffong]

they have to do their own dd and risk management...no one can help you if you dont even know your own risk appitite and financial strength.

of course this applies to our parents and grandparents. easy for us now to look back and ask them aiyoooo why you never chiong landed last time when it was so cheap. or buy multiple properties when got no absd...

The fact that there are many kum gong people willing to pay 5 figures to EC proves the fact that there are many who don't know how to do basic DD even though they are cash rich. Either that or they are star struck by the promise of hundreds of thousands of profits that they are willing to believe in the messiah on what they say. The Kong Hee saga is proof of how many such lemmings exist in our society.

 

[DevilPlate]

The fact that there are many kum gong people willing to pay 5 figures to EC proves the fact that there are many who don't know how to do basic DD even though they are cash rich. Either that or they are star struck by the promise of hundreds of thousands of profits that they are willing to believe in the messiah on what they say. The Kong Hee saga is proof of how many such lemmings exist in our society.

I believe many are good at their career or biz earning good active income but they are noobs when comes to investments.

 

[mini_cow]

The fact that there are many kum gong people willing to pay 5 figures to EC proves the fact that there are many who don't know how to do basic DD even though they are cash rich. Either that or they are star struck by the promise of hundreds of thousands of profits that they are willing to believe in the messiah on what they say. The Kong Hee saga is proof of how many such lemmings exist in our society.

Many people/companies pay for “expert” advice to sleep better at night. There are entire consulting industries built around this but that’s my opinion and a wholly separate discussion

 

[petetherock]

Are people asking for advice or just asking for endorsement of their idea…

 

[drkcynic]

Many people/companies pay for “expert” advice to sleep better at night. There are entire consulting industries built around this but that’s my opinion and a wholly separate discussion

Agree. In the grand scheme if things, if you are going to buy a 3-4m property, what is 10k for some assurance or another pair of eyes?

If i decide to get a landed next, I will probably engage him.

 

[HIW9988]

Had dinner and there were some people in the industry seated nearby so I asked and they confirm it's 99% Woh Hup..

any idea if confirmed already?

 

[petetherock]

any idea if confirmed already?

No updates from FEO, but you can ask your agent too

 

[jeffong]

No updates from FEO, but you can ask your agent too

strange that it's taking FEO so long to get main con appointed and construction started especially since they secured the land back in late 2021. All the other projects launched around same time as RR already had construction ongoing for some time.

 

[koster]

strange that it's taking FEO so long to get main con appointed and construction started especially since they secured the land back in late 2021. All the other projects launched around same time as RR already had construction ongoing for some time.

Maybe they sourcing for cheap, fresh and big?

 

[HIW9988]

hope its not a case of trying to squeeze woh hup too much then woh hup ask feo go fly kite. if so, back to square 1 for looking for main con

 

[petetherock]

FYI


Happy Sunday,

The Reserve Residences Starbuy discount:

#06-88, Horizon 3BR (1313 sqft):
$2270psf (after 15% disc)

#07-88,_Horizon 3BR (1313 sqft):_
$2278 psf (after 15% disc)

#06-102, Horizon 4BR (1475 sqft):
$2249psf (after 15% disc)

#06-88, #07-88, #06-88 with 1% additional discount (total 15% disc), valid till 30 Sep 2023

#27-110,_TRR 3+S (1216 sqft)_
$2577psf (after 13% disc)

#29-110,_TRR 3+S (1216 sqft)_
$2597psf (after 13% disc)

#30-110,_TRR 3+S (1216 sqft)_
$2606psf (after 13% disc)

#31-110,_TRR 3+S (1216 sqft)_
$2614psf (after 13% disc)

Stack 110 promotion with additional 1% discount (total 13% disc), valid till 10 Oct 2023 only.

 

[DanielRFL]

FYI


Happy Sunday,

The Reserve Residences Starbuy discount:

#06-88, Horizon 3BR (1313 sqft):
$2270psf (after 15% disc)

#07-88,_Horizon 3BR (1313 sqft):_
$2278 psf (after 15% disc)

#06-102, Horizon 4BR (1475 sqft):
$2249psf (after 15% disc)

#06-88, #07-88, #06-88 with 1% additional discount (total 15% disc), valid till 30 Sep 2023

#27-110,_TRR 3+S (1216 sqft)_
$2577psf (after 13% disc)

#29-110,_TRR 3+S (1216 sqft)_
$2597psf (after 13% disc)

#30-110,_TRR 3+S (1216 sqft)_
$2606psf (after 13% disc)

#31-110,_TRR 3+S (1216 sqft)_
$2614psf (after 13% disc)

Stack 110 promotion with additional 1% discount (total 13% disc), valid till 10 Oct 2023 only.

The price was this all along. Don’t anyhow mislead people saying it’s starbuy.

Machiam like valuestore is forever on closing down sale.