Rivercove Residences

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AlexPiero

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Jianzhi76 said:
Really not wise to buy Rivercove. Firstly it is overprice, Secondly, location is not really fantastic compare with other EC which is near MRT and nature. For this EC, it is only LRT nearby, still need to change train to take MRT. As for the park, it is just a small park, crowded at times which no longer become exclusive. Thirdly pay so much, interior is a disappointment, so so interior only. Forthly, no shopping mall which is a walking distance. Nothing around the vicinity besides a church, coffee shop and a sports complex. It is not a good EC unless all your friends and relatives are staying this area, or people used to stay in this area who do not want to explore other parts of Singapore. Take your car and start to explore before make a decision. If don't have good ones, then don't buy
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Depend on how you see it.

For long term stay as a permanent home, it is still cheaper than a PC.

But for people who wish to flip after 5 or 10 yrs, it is pretty hard to compete in the vicinity considering that EC nearer to sengkeng mrt is selling at 750 PSF 2 years ago.
 
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giggs23

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To each his own. For those that got their units, congrats! To those who chose not to purchase, hope you find a suitable home for yourself soon! :)
 
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RChater

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Mergui219067 said:
Buying Sumang ? :o
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Next time when Sumang launch at another record high price, people will still Chiong to buy, as there will be another more expensive EC coming up after sumang. I believe you will then encourage people to buy Sumang..No matter how high the price, there will still have buyers. Those purchased EC in earlier projects will appreciate the later buyers who prove their purchase is the worthwhile. But hardly people will see the truth and they will only find it after 10years later. there are always tactic used to attract buyers regardless of how high the price. Because people are too thirst for staying at luxury condos or EC, no matter how heavy the mortgage burden is..
 
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birmingham123

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To those fernvale lovers but never get rivercove, can just get may bto fernvale at 1/3 the price.. 320k vs 950k.. provided still eligible for bto income ceiling... no need luck as i think will not be oversubscribed and location i think better than rivercove as nearer to Seletar mall and greenwich mall...

Recently hitch someone from condo which just TOP and the guy say he just move in but never drive... he admit quite wasted as he pay around 300 for maintenance fees now but never use parking, swimming and gym.. up so much from his town council of 60... at least i stay hdb now still need pay 170 for town council and parking so upgrade to condo is not a big difference...
 
roz_sid

roz_sid

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birmingham123 said:
To those fernvale lovers but never get rivercove, can just get may bto fernvale at 1/3 the price.. 320k vs 950k.. provided still eligible for bto income ceiling... no need luck as i think will not be oversubscribed and location i think better than rivercove as nearer to Seletar mall and greenwich mall...

Recently hitch someone from condo which just TOP and the guy say he just move in but never drive... he admit quite wasted as he pay around 300 for maintenance fees now but never use parking, swimming and gym.. up so much from his town council of 60... at least i stay hdb now still need pay 170 for town council and parking so upgrade to condo is not a big difference...
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those ppl buy rivercove mostly is hdb upgrade u wan ask them go back hdb?:s22::s22:
 
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sft1393h

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Jianzhi76 said:
Really not wise to buy Rivercove. Firstly it is overprice, Secondly, location is not really fantastic compare with other EC which is near MRT and nature. For this EC, it is only LRT nearby, still need to change train to take MRT. As for the park, it is just a small park, crowded at times which no longer become exclusive. Thirdly pay so much, interior is a disappointment, so so interior only. Forthly, no shopping mall which is a walking distance. Nothing around the vicinity besides a church, coffee shop and a sports complex. It is not a good EC unless all your friends and relatives are staying this area, or people used to stay in this area who do not want to explore other parts of Singapore. Take your car and start to explore before make a decision. If don't have good ones, then don't buy
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Nearby Watertown, La Fiesta, Jewel@Buangkok fit your requirement. Did u buy any of these condo? Highpark Residences, 5 mins walk from Seletar Mall launch price started from $4xxk back then, Did u buy?
 
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sft1393h

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RChater said:
Congrats to developer!!! They should be celebrating gao gao tonight and Non stop laughing.. selling such highhhh price still so many buyers. We decided to drop out after we saw the pricelist, not because we cannot afford. Is because we think that this property game is not suitable for us. Nowadays hardly can earn $ through property. My financial planner roughly calculate for me, for example if we are to buy a property cost 1mil, then sell it off after 10 years, we must sell at least 1.1mil just for break even (take into consideration BSD and interest paid for 10 years). We have done research in nearby condo and found the appreciation is much more below our expectation, we are very surprise that's why give up.. lucky we have done a lots of research before hand, otherwise I will be very regret. Who will be the big winners, it is very obvious
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A financial planner also told me the same thing back then during Highpark Residences launch. He also did research like what you did but he never tell me that an EC will cost even higher 3 years later else I would have hoot Highpark Residences. What a caring financial planner!
 
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Kelcck

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SBC said:
Congrats! To Hoi Hup.

Huated big time this round. Gotten land at very low price.
Really buy low sell high.
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Super greedy ..all because of sumang...must see location...one near town one out of town different price ...No doubt sengkang is rising and the location is convenient but price wise I think really too much...developer really seeking revenge on their losses for the pass 4 years and not come out chop head ..but surprisingly many willing to get chop just because a few of the nonsense news make them to enter at a high price...all thinking private will going to fly like no tml...in actual fact the index just show up bit only after so many years ...all thinking is going to fly...kiasu behaviour can't lose out will make them lose more..but buying own stay think Rivercove location really not bad..got 24 hrs sengsiong..5 mins to lrt..malls..nearer to town ..investment wise very little value ..investment better go private now as the price still soft..EC is too over price now just because of sumang ...all wanna goreng 99..
 
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