Stirling Residences

[Forever84]

Aiyoh.
Just a 1 shoebox and probably no holding power .

Usually this kind sell off plan and all already will send signal to buyer can bargain one... must be despo to accept the deal... anyway I don’t think will set the tone for future resale there

 

[发哨子2020]

All buy shoeboxes or almost one ?
Not very liveable once they lay eggs.

Same. I have friends in their 20s buying condos too.

 

[momoksan]

All buy shoeboxes or almost one ?
Not very liveable once they lay eggs.

98% all 1 bdr.

All wanted to move away from their family while hoping to have cap gain in the next few years.

 

[assiak71]

There is also a negative sales for Commonwealth Towers in Jul 2020, -5.7K but no SSD.

Another 463 sqft unit only made profit for 3.3K selling in Dec 2020; both block 232.

The weird thing is 474 and 452 sqft unit made 82 to 84K profit for selling in Nov/ Dec 2020.

What is the approx IRR for these cases?

 

[bolster]

Many say: “Buy new launch sure huat”

First subsale transaction for MARGARET VILLE, bought during launch weekend June 2018. SSD not over. NEGATIVE SALE.

Think this is a bounced unit.

http://www.ytreporp.com/propertyinvestment.php

 

[1993newbie]

Think this is a bounced unit.

http://www.ytreporp.com/propertyinvestment.php

Ahh developer resold it lower priced. Nevertheless Margaret 100% sold

 

[Passerboy]

Think this is a bounced unit.

http://www.ytreporp.com/propertyinvestment.php

wow Avenue South Residences was also resold lower..while Garden Residences increased 75k in four months

 

[bolster]

Ahh developer resold it lower priced. Nevertheless Margaret 100% sold

ah... squarefoot cannot handle bounced unit.

 

[assiak71]

Stirling no bounced units?

 

[aall88]

One of the mentioned unit is my friend’s unit. Also in her 20s.
Super duper happy for her!

Upgraded to 2 bedder resale in another district..
No more Lepak session at Commonwealth Tower

After agent comms, stamp duties, and other fees, how much profit is left from such a sale

 

[assiak71]

After agent comms, stamp duties, and other fees, how much profit is left from such a sale

Always no reply when i ask what is the effective IRR

 

[pleasesuggest]

What’s the expected TOP now, accounting for COVID?

 

[aall88]

What’s the expected TOP now, accounting for COVID?

I heard end of this year. Construction seems to be going well.

 

[jeffong]

I count up to 38 floors assembled already from my living room. How many floors are there altogether? They also started on the main swimming pool back last year after knocking down the showflat.

 

[pleasesuggest]

I heard end of this year. Construction seems to be going well.

Fingers crossed.

 

[Forever84]

I heard end of this year. Construction seems to be going well.

Cross your toes too

Malaysia closing manufacturing might impact all pre fab type of construction

 

[1993newbie]

Cross your toes too

Malaysia closing manufacturing might impact all pre fab type of construction

Hence developer with extremely huge land area like NORMANTON PARK has the luxury of space to have their prefab yard on site.
Even the workers dorm (TLQ) is on site itself.

All this contribute to the productivity hence they can TOP in 2023.

 

[Passerboy]

Hence developer with extremely huge land area like NORMANTON PARK has the luxury of space to have their prefab yard on site.
Even the workers dorm (TLQ) is on site itself.

All this contribute to the productivity hence they can TOP in 2023.

Definitely. The land size at Normaton Park is huge! Almost 3x the size of Stirling.

 

[19931993]

Isnt this launched sometime back? A friend got it during balloting.

 

[assiak71]

Looking forward to sub sale. 3Q this year onwards?