The M - Mixed Development

snoopydog

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M Residences Studio 409 sq ft

studio-s1-4nI600.png


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Midtown Bay 1 Bedroom 409 sq ft

Midtown-Bay-Floor-Plan-1-Bedroom-Type-A1a-724x1024.jpg
 
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snoopydog

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Brochure not out yet.

Originally it was supposedly 2 tower blocks with 390 units.
Now its 3 blocks with 552 units...an increase of 132 units :s22:
 

daheigou999

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Brochure not out yet.

Originally it was supposedly 2 tower blocks with 390 units.
Now its 3 blocks with 552 units...an increase of 132 units :s22:

Yea sian, not sure if this is the best for own stay. Small unit size and cramped development, as compared to older ones like CS and DR

But I guess that’s how they keep quantum in control while remaining profitable in today’s market
 
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empowerme

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Maintenance fees wil range from $250 to 350 so it's palatable for a city location. If you study the layout, it's very obvious that Wing Tai is positioning it as an investment property for rentability and an easy flip. Even the 3 bedder configuration (only 17 units) is a dual key unit to allow an investor to rent out the entire unit as a seperate 2 bedder and 1 bedder.
 

daheigou999

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Maintenance fees wil range from $250 to 350 so it's palatable for a city location. If you study the layout, it's very obvious that Wing Tai is positioning it as an investment property for rentability and an easy flip. Even the 3 bedder configuration (only 17 units) is a dual key unit to allow an investor to rent out the entire unit as a seperate 2 bedder and 1 bedder.

Not sure if it’s the best for own stay though, too many units...
 

Passerboy

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Not sure if it’s the best for own stay though, too many units...

Hearsay from agent, the project’s avg is $2500psf with lowest quantum at about $985k for the studio unit.

The units layout are smallish and more suited for rental than own stay, of cos the main selling point is its location.
 
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1993newbie

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Ahh $985k means probably less than 5 units will be priced below $1mil quantum.

Yes the location is the main selling point

Hearsay from agent, the project’s avg is $2500psf with lowest quantum at about $985k for the studio unit.

The units layout are smallish and more suited for rental than own stay, of cos the main selling point is its location.
 

daheigou999

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Hearsay from agent, the project’s avg is $2500psf with lowest quantum at about $985k.

The units layout are smallish and more suited for rental than own stay, of cos the main selling point is its location.

If we calculate for the 743 sqft two-bedder, they’ll average at 1.85m then? They are a lot of units with bad layout/facing, so the premium unit should price at $2m?
 

Passerboy

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If we calculate for the 743 sqft two-bedder, they’ll average at 1.85m then? They are a lot of units with bad layout/facing, so the premium unit should price at $2m?

I believe 743sqf is the 2 plus study.
The 2 bedder is around 592sqf around 1.45m only, quantum wise it is still palatable, but more for rental I guess
 

towkayray

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**** loves that area and will be fooled easily for 99 year leasehold 25k per square metre property
 
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