Stackedhomes Consultation

[arctician]

first we never know if any of the advertorials are sponsored, and second the editors doing review are normal people like you and me who may hold subjective bias. Their good may be your bad and vice versa.

To me sixth avenue will never be a 4.5/5, because it cant fulfill my investment mantra

#price is what u pay value is what you get.
# profit is made at point of purchase not point of sale

 

[scanner007]

first we never know if any of the advertorials are sponsored, and second the editors doing review are normal people like you and me who may hold subjective bias. Their good may be your bad and vice versa.

To me sixth avenue will never be a 4.5/5, because it cant fulfill my investment mantra

#price is what u pay value is what you get.
# profit is made at point of purchase not point of sale

Lol, rule number 1, Don’t loose money.
Rule number 2, don’t forget rule no. 1.

Anyway, that’s why I said, I asked Stackedhome on their review criteria. No response from them.

 

[arctician]

Lol, rule number 1, Don’t loose money.
Rule number 2, don’t forget rule no. 1.

Anyway, that’s why I said, I asked Stackedhome on their review criteria. No response from them.

doesnt matter u see their review on reef is 83%, but actual performance of reef exceeded expectations. Just take their review as a reference point for red flags, DD still must be done on our own. I wonder if stacked homes have any projects with 5/5 or >90%, be interesting to see how its performing now.

 

[scanner007]

doesnt matter u see their review on reef is 83%, but actual performance of reef exceeded expectations. Just take their review as a reference point for red flags, DD still must be done on our own. I wonder if stacked homes have any projects with 5/5 or >90%, be interesting to see how its performing now.

Yeah, but unfortunately some investors took their assessment as a yardstick. Anyway, there are some good articles and assessment from them we could use and learn as guide/reminder.

always go to the site to do a site survey to assess whether you like the area before committing.

Cheers

 

[arctician]

Yeah, but unfortunately some investors took their assessment as a yardstick. Anyway, there are some good articles and assessment from them we could use and learn as guide/reminder.

always go to the site to do a site survey to assess whether you like the area before committing.

Cheers

yah hands down their analysis is the top 3 in market. their founder is quite open to ideas where you like a write up. Too bad there is no summary view of all projects >90%, 80-90%, <80% etc, its quite tedious to click development by development for the review

 

[Passerboy]

Yeah, but unfortunately some investors took their assessment as a yardstick. Anyway, there are some good articles and assessment from them we could use and learn as guide/reminder.

always go to the site to do a site survey to assess whether you like the area before committing.

Cheers

Lol bro, if anyone take just the expert opinion as a yardstick for their purchase then they deserve to lose money..

many agents had wrote glowing comments on ASR too, resulting in ppl plunging to buy at even 22xxpsf and up.. waiting to lose money in 3 years I think..

 

[TouringSG]

yah hands down their analysis is the top 3 in market. their founder is quite open to ideas where you like a write up. Too bad there is no summary view of all projects >90%, 80-90%, <80% etc, its quite tedious to click development by development for the review

They don't have standardized metrics across projects too. Some projects have 6 metrics, some have 12. Can't really use the overall score.

 

[ljungberger]

I had not so good experience. My request is to buy a new home and sell by HDB. They are focussed more on selling the HDB and almost jumping to quetions like when can we put the HDB for sale without even suggesting the buying / recommendations. Told them to help me with viewing first and once I understood the market, then go through the selling part. No further comms after that. I won't blame them as their income is from 'selling' and not helping with 'buying'. I see almost all agents are the same so DYODD + Don't go with too much expecations.

Thanks for sharing! But won't they also get a commission if they act as your agent for your purchase?

 

[TouringSG]

Thanks for sharing! But won't they also get a commission if they act as your agent for your purchase?

I think they don't want to waste time and effort bringing you to see houses when the pre-requisite to sell house is not completed yet. A lot of agents are the same, not just stacked.

 

[ljungberger]

I think they don't want to waste time and effort bringing you to see houses when the pre-requisite to sell house is not completed yet. A lot of agents are the same, not just stacked.

Yeah ok that makes sense. Yeah, like all agents, their incentives are not entirely aligned with buyer's.

 

[zaclee]

They don't have standardized metrics across projects too. Some projects have 6 metrics, some have 12. Can't really use the overall score.

Agreed. Their rating metrics isn’t consistent across projects.

For instance, there are 2 projects in the same location, and one has no indoor gym. Yet it has higher scores for “surrounding amenities” and “variety of facilities” which is a head scratcher.

They are one of very few well organized review/articles portal online, so it is still useful read. Still, investors should be mindful that there is some degree of subjectivity and interest involved, like most things in life.

 

[normoh]

When i see their review for FAR, its like they did it with gut feel, but when they did LM recently, they did it with data analytics, very methodological. Can see from the assessment criteria. I believe they will do another one for FAR after it TOP and that will change the scoring.

 

[arctician]

Agreed. Their rating metrics isn’t consistent across projects.

For instance, there are 2 projects in the same location, and one has no indoor gym. Yet it has higher scores for “surrounding amenities” and “variety of facilities” which is a head scratcher.

They are one of very few well organized review/articles portal online, so it is still useful read. Still, investors should be mindful that there is some degree of subjectivity and interest involved, like most things in life.

think it depends on who is writing the editorial, if its the same author you keep the scoring scale constant, but once there are 2 editors it became subjective. your 4 may be my 2, or one may value external amenities more over internal facilities

 

[zaclee]

Just a quick extract of recent project reviews:
Project Name / Score / No. of Metrics / Editor

Normanton Park / 68% / 11 / Sean
One North Eden / 75% / 11 / Matt
Clavon / 75% / 11 / Reuben

Hyll On Holland / 70% / 11 / Reuben

Queens Peak / 65% / 11 / Reuben
Stirling Residences / 73% / 6 / Reuben
Alex Residences / 73% / 12 / Sean

One Bernam / 74% / 11 / Sean

The Atelier / 73% / 11 / Reuben
Kopar / 80% / 6 / Reuben

Irwell / 81% / 11 / Sean
OUE Twin / 80% / 6 / Reuben

The Landmark / 77% / 6 / Matt
Avenue South / 80% / 4 / Reuben

Reefs / 83% / 11 / Matt
Corals / 75% / 6 / Reuben

The M / 92% / 6 / Reuben
Midtown Modern / 82% / 11 / Matt
Duo / 92% / 6 / Druce

 

[scanner007]

Just a quick extract of recent project reviews:
Project Name / Score / No. of Metrics / Editor

Normanton Park / 68% / 11 / Sean
One North Eden / 75% / 11 / Matt
Clavon / 75% / 11 / Reuben

Hyll On Holland / 70% / 11 / Reuben

Queens Peak / 65% / 11 / Reuben
Stirling Residences / 73% / 6 / Reuben
Alex Residences / 73% / 12 / Sean

One Bernam / 74% / 11 / Sean

The Atelier / 73% / 11 / Reuben
Kopar / 80% / 6 / Reuben

Irwell / 81% / 11 / Sean
OUE Twin / 80% / 6 / Reuben

The Landmark / 77% / 6 / Matt
Avenue South / 80% / 4 / Reuben

Reefs / 83% / 11 / Matt
Corals / 75% / 6 / Reuben

The M / 92% / 6 / Reuben
Midtown Modern / 82% / 11 / Matt
Duo / 92% / 6 / Druce

Any conclusion or data analysis you could get out of their assessment respective to the authors?

 

[zaclee]

Looking at the above, we can see that while good scores sometimes correlate to good initial take up (The M, Reefs), it doesn’t necessarily translate to eventual sale (Stirling, Normanton are well sold) or profitability (OUE).

Reuben seem to cover more projects and more balanced among them.

 

[scanner007]

Looking at the above, we can see that while good scores sometimes correlate to good initial take up (The M, Reefs), it doesn’t necessarily translate to eventual sale (Stirling, Normanton are well sold) or profitability (OUE).

Reuben seem to cover more projects and more balanced among them.

I noticed Reuben seem to be more generous on scores.

 

[arctician]

Just a quick extract of recent project reviews:
Project Name / Score / No. of Metrics / Editor

Normanton Park / 68% / 11 / Sean
One North Eden / 75% / 11 / Matt
Clavon / 75% / 11 / Reuben

Hyll On Holland / 70% / 11 / Reuben

Queens Peak / 65% / 11 / Reuben
Stirling Residences / 73% / 6 / Reuben
Alex Residences / 73% / 12 / Sean

One Bernam / 74% / 11 / Sean

The Atelier / 73% / 11 / Reuben
Kopar / 80% / 6 / Reuben

Irwell / 81% / 11 / Sean
OUE Twin / 80% / 6 / Reuben

The Landmark / 77% / 6 / Matt
Avenue South / 80% / 4 / Reuben

Reefs / 83% / 11 / Matt
Corals / 75% / 6 / Reuben

The M / 92% / 6 / Reuben
Midtown Modern / 82% / 11 / Matt
Duo / 92% / 6 / Druce

wa bro you damn ENTHU! stackedhomes % has to extract manually...just take it as a reference point, look at OUE Twin peaks..

the limitation is most of these reviews focus on a high level projects, but to go down to unit selection level one will need to do alot due diligence by crunching caveats, like understanding if developer has raised price over a time series, whats the % premium of ur unit vs your neighbour on same floor and the % premium per floor across different stack, the mean and median in terms of PSF etc..only then one will be able to unlock value

 

[zaclee]

wa bro you damn ENTHU! stackedhomes % has to extract manually...

Haha all in the spirit of sharing and good discussions

 

[Passerboy]

Just a quick extract of recent project reviews:
Project Name / Score / No. of Metrics / Editor

Normanton Park / 68% / 11 / Sean
One North Eden / 75% / 11 / Matt
Clavon / 75% / 11 / Reuben

Hyll On Holland / 70% / 11 / Reuben

Queens Peak / 65% / 11 / Reuben
Stirling Residences / 73% / 6 / Reuben
Alex Residences / 73% / 12 / Sean

One Bernam / 74% / 11 / Sean

The Atelier / 73% / 11 / Reuben
Kopar / 80% / 6 / Reuben

Irwell / 81% / 11 / Sean
OUE Twin / 80% / 6 / Reuben

The Landmark / 77% / 6 / Matt
Avenue South / 80% / 4 / Reuben

Reefs / 83% / 11 / Matt
Corals / 75% / 6 / Reuben

The M / 92% / 6 / Reuben
Midtown Modern / 82% / 11 / Matt
Duo / 92% / 6 / Druce

I can only have one deduction. Most projects score above 70%, if below 70% it’s a red flag?