Rivercove Residences

[Mergui219067]

An agent would try as he / she is commissioned based unless fully sold.
It is likely whether you are willing to accept the
new price .

All bull lah, say all ec stopped sales liao now u call those ec with stocks, signature parc life northvale sure the agents say can 'help' u secure an unit haha.. agents talk can believe ah..

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[birmingham123]

There is a max that they can raise. Too high then just buy prive, just mop. Better location than sumang ec

Prive mop already ?? So fast ? How about tampines trillant?

 

[watchlist88]

I was totally shocked to see developers go berserk even in bidding for EC land prices. Sumang EC break all previous records for EC land price. And I was thinking should I quickly go get an EC at Rivercove Residences, but the less than ideal location makes it a no-no.

As for Sumang Walk EC, I also told myself why should I go and submit myself to the berserkness of developers bidding, as they know they will pass down the costs to the buyers. This EC will costs at least $1,100psf in my estimate. And why buy there when got many other cheaper resale options both EC and PC within District 19 ?

Many follow the herd mentality scared of losing out if they don't buy now, but ask yourself is it worth it ?
To each his own.

 

[Mergui219067]

Berserk developers ?
Many potential buyers are still in denial.
The upward trend for new & resale private properties has bottomed up since early 2017.
And some are still looking for a crash / 10-20% discounts.

BTW , it is another $5k BSD for a $1.5 million unit.

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[Clazav]

u jus answered ur own question

True, got income ceiling and neighbouring project to stop the high price. Perhaps CDL must come out with new strategies such as smart home concept and smaller units to lower price and have more flexibility internal design to attract buyers.

 

[Clazav]

Prive mop already ?? So fast ? How about tampines trillant?

I think still got a few months left. But when sumang ec is launched prive and perhaps twin waterfall and riverparc also mop liao

 

[sinicker]

I have told my agent to stop telling me to buy Rivercove as I am not interested. Location bad, sandwiched between BTOs.

Now she's using Sumang Walk EC high bid price to scare me this is my last bet on a good-priced EC. :lol:

 

[Mergui219067]

ECs are mostly ulu,rarely near MRT stations or in exclusive locations .
And you are still looker for cheaper new ECs in your ideal location ?
A total 17 bids for this Sumang should remind you how many developers would pound on the next Sumang .

I have told my agent to stop telling me to buy Rivercove as I am not interested. Location bad, sandwiched between BTOs.

Now she's using Sumang Walk EC high bid price to scare me this is my last bet on a good-priced EC. :lol:

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[sinicker]

ECs are mostly ulu,rarely near MRT stations or in exclusive locations .
And you are still looker for cheaper new ECs in your ideal location ?
A total 17 bids for this Sumang should remind you how many developers would pound on the next Sumang .

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Am in no rush to buy any property.

 

[SBC]

ECs are mostly ulu,rarely near MRT stations or in exclusive locations .
And you are still looker for cheaper new ECs in your ideal location ?
A total 17 bids for this Sumang should remind you how many developers would pound on the next Sumang .

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Did you buy Gems recently?

 

[Mergui219067]

RCR freehold last year when the curve flattened early last year.

Did you buy Gems recently?

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[Mergui219067]

Buying property at the right time & the right location beats anything else.
This is the most common way how many Sinkies become multimillionaires.
Not in most jobs , fixed deposits or stocks.

Looking at the graph recently, those who didn’t buy ECs or other new private properties are already missing the boat.

Am in no rush to buy any property.

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[birmingham123]

Buying property at the right time & the right location beats anything else.
This is the most common way how many Sinkies become multimillionaires.
Not in most jobs , fixed deposits or stocks.

Looking at the graph recently, those who didn’t buy ECs or other new private properties are already missing the boat.

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You cannot be sure yet... yet to see any new launch got sold out yet...

 

[Clazav]

You cannot be sure yet... yet to see any new launch got sold out yet...

I thought hundred palm is a good example? As well as Parc botannia, Park place le quest? Though these three only half launched.

You don't see many sold out project because there is not many new launches since mid of last year.

 

[Mergui219067]

Lol
Who can be so sure in a trade , be it a stock or a property ?
Just when many EC developers who sold out their projects last year thought they are in regret now.
A 5% hike in their old EC projects would find buyers easily later this year.
The buyers who chiong-ed shout heng ah !

Does the 17 bids for ulu Sumang EC mean nothing to you ?

You cannot be sure yet... yet to see any new launch got sold out yet...

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[xun567]

You cannot be sure yet... yet to see any new launch got sold out yet...

Honestly, by the time we are sure, the boat would have left already

 

[Zetrio2006]

There will always be an element of risk involved when buy property. By the time, we see it as a bull market, the price may no longer be the price that it was 1 or 2 years ago but it may still be worth it.

An example can be seen in huge price rise in EC in 2002 to 2007 due to low EC supply.

 

[eliteproperty]

btw guys, my company is having a seminar on Rivercove Residences and EC tomorrow. Do drop me a text at 9876 O226 if any of you would like to attend this enriching seminar, as well as enjoy the free food

 

[SBC]

Hoi Hup earnings gao gao again.

 

[Mergui219067]

It could hike extra 5% or more.
Take it or leave it for buyers .

Hoi Hup earnings gao gao again.

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