Stirling Residences

1993newbie

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Looking forward to sub sale. 3Q this year onwards?
Already have subsale listing. Stack 25 3bedder. Yes first batch of buyers SSD over Q3 this year.
6J9ETez.jpg
 

assiak71

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Anyway for layman to check when a particular stack started selling?

Propertyguru and scan through txn history?
 

aall88

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Anyway for layman to check when a particular stack started selling?

Propertyguru and scan through txn history?
For most new developments, 99.co has a good record of the unit transactions prices (go to "Tower" view). From there, you can search for the stack you're interested in and scroll through all the transactions to look for the earliest one.

This is the free way that I use - not sure if there's a better way, maybe some other bros can chime in.
 

momoksan

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For most new developments, 99.co has a good record of the unit transactions prices (go to "Tower" view). From there, you can search for the stack you're interested in and scroll through all the transactions to look for the earliest one.

This is the free way that I use - not sure if there's a better way, maybe some other bros can chime in.
Can we also see resale pricing and date from 99.co phone app?
 

assiak71

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For most new developments, 99.co has a good record of the unit transactions prices (go to "Tower" view). From there, you can search for the stack you're interested in and scroll through all the transactions to look for the earliest one.

This is the free way that I use - not sure if there's a better way, maybe some other bros can chime in.

Tower view is blank when i view on desktop...
 

Passerboy

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https://stackedhomes.com/editorial/in-depth-update-of-88-new-launch-condos

Stacked Homes article for sharing, think Stirling Residences is poised to HUAT for those who entered at first wave. Congrats!

“This was another development that we rated 4/5 for price earlier on. Stirling Residences was bound to see its price creep up fast, as this project is located in Queenstown. The HDB flats nearby already hint at demand for the location – the nearby Mei Ling Street is famous for producing a slew of million-dollar resale flats, despite the advanced lease decay.”
 

aall88

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https://stackedhomes.com/editorial/in-depth-update-of-88-new-launch-condos

Stacked Homes article for sharing, think Stirling Residences is poised to HUAT for those who entered at first wave. Congrats!

“This was another development that we rated 4/5 for price earlier on. Stirling Residences was bound to see its price creep up fast, as this project is located in Queenstown. The HDB flats nearby already hint at demand for the location – the nearby Mei Ling Street is famous for producing a slew of million-dollar resale flats, despite the advanced lease decay.”
From what I understand, the premium stacks were released later, which accounts for the increase in PSF over time. It would be assumed that these premium stacks would fetch slightly better prices when it comes to resale. Of course, I understand your point that buying the very cheapest units should theoretically yield a better resale price since price is the main factor considered by buyers when shopping around, coupled by the fact that Stirling is a raised development so even the low floors have good views and feel elevated. But I think, at least for Stirling, generally most units were actually fairly priced by the developer and late comers didn't really "lose out" to the early birds that much.
 

assiak71

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From what I understand, the premium stacks were released later, which accounts for the increase in PSF over time. It would be assumed that these premium stacks would fetch slightly better prices when it comes to resale. Of course, I understand your point that buying the very cheapest units should theoretically yield a better resale price since price is the main factor considered by buyers when shopping around, coupled by the fact that Stirling is a raised development so even the low floors have good views and feel elevated. But I think, at least for Stirling, generally most units were actually fairly priced by the developer and late comers didn't really "lose out" to the early birds that much.

What abt sub sale, worth? For those who want queenstown
 

aall88

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What abt sub sale, worth? For those who want queenstown
Well, I'm no expert, quite new to the forum actually haha. But I would think it really depends on what you're looking for. I don't think you'll find good "value" in the sub sales as those who are selling at this point are probably testing the market and/or looking for a quick profit. If you really like the location, then sure, why not - if the price is right. I understand there are still unsold units left (probably high floor / larger units though). Alternatively you can look out for bounced out units. Accordingly to http://www.ytreporp.com/propertyinvestment.php (search Stirling, and view bounced units), Stirling bouncing about a few units every month. The mark up doesn't seem too much (1-2%).
 

Passerboy

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Well, I'm no expert, quite new to the forum actually haha. But I would think it really depends on what you're looking for. I don't think you'll find good "value" in the sub sales as those who are selling at this point are probably testing the market and/or looking for a quick profit. If you really like the location, then sure, why not - if the price is right. I understand there are still unsold units left (probably high floor / larger units though). Alternatively you can look out for bounced out units. Accordingly to http://www.ytreporp.com/propertyinvestment.php (search Stirling, and view bounced units), Stirling bouncing about a few units every month. The mark up doesn't seem too much (1-2%).

I noticed there was a high floor 38th three bedder sold in Jan for 16xxpsf thought that is a value buy with good cap upside, not sure if it’s a bounced unit.

If enter 14-16xxpsf should have good upside in this project.. if above 20xxpsf, I doubt.
 

assiak71

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I noticed there was a high floor 38th three bedder sold in Jan for 16xxpsf thought that is a value buy with good cap upside, not sure if it’s a bounced unit.

If enter 14-16xxpsf should have good upside in this project.. if above 20xxpsf, I doubt.

I think is 3BR penthouse (no store for this stack)
 

assiak71

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Well, I'm no expert, quite new to the forum actually haha. But I would think it really depends on what you're looking for. I don't think you'll find good "value" in the sub sales as those who are selling at this point are probably testing the market and/or looking for a quick profit. If you really like the location, then sure, why not - if the price is right. I understand there are still unsold units left (probably high floor / larger units though). Alternatively you can look out for bounced out units. Accordingly to http://www.ytreporp.com/propertyinvestment.php (search Stirling, and view bounced units), Stirling bouncing about a few units every month. The mark up doesn't seem too much (1-2%).

How to use this website to view availability of bounced out units. Sorry not familiar. Thanks

If there are premium stack units bounced out, why not

Or rather, any agent to engage to monitor for bounced out units so as to quickly make a move? This website's agent?
 
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assiak71

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How to use this website to view availability of bounced out units. Sorry not familiar. Thanks

If there are premium stack units bounced out, why not

Or rather, any agent to engage to monitor for bounced out units so as to quickly make a move? This website's agent?

Hi hope to get some expert ans. Any agent is able to monitor bounced units or only certain agent like the website's? Stirling bounced units is good deal
 

aall88

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Hi hope to get some expert ans. Any agent is able to monitor bounced units or only certain agent like the website's? Stirling bounced units is good deal
Have PMed you. Just bear in mind its hard to find a bounced out units because:

First, the bounced out unit might not be the size / layout / facing that you want.

Second, since URA clamped down on reissues, fewer units are extending OTP, and most will exercise within the usual 8 weeks (I think 8 weeks is the normal exercise time IIRC). Since there are fewer outstanding OTPs, fewer units to bounce out also.
 
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