The M - Mixed Development

[toolbox03]

Ok that’s true too, but the emphasis is the price for treasures is close to that of an EC.

Even HDB has more privacy than treasures

 

[daheigou999]

Anyone took a look at Marina One Residences if they were considering the M.

In terms of psf, Marina One seems pretty decent about 22xxpsf though the quantum for the units seems a lot higher, recent one bedder units transact about 1.6xmil though but 753sqft.

Saw M1 and really loved the space. However, there are too many 1/2-bed competition (from developer leftover also) so resale will be difficult in the short run

 

[Passerboy]

Saw M1 and really loved the space. However, there are too many 1/2-bed competition (from developer leftover also) so resale will be difficult in the short run

I see, Marina One is really nice, too bad the 1 bedder even at current price $1.6x mil is out of reach for me the sail also has many units, but if you got in at new launch, the profits are obscene.

 

[daheigou999]

I see, Marina One is really nice, too bad the 1 bedder even at current price $1.6x mil is out of reach for me the sail also has many units, but if you got in at new launch, the profits are obscene.

Sail was launched so long ago, back then I was more worried about my PSLE...haha

 

[Passerboy]

Indicative lowest price is out.
988k such an auspicious number.

 

[Panerex]

Should sell ur Watertown and buy this one if u really so interested in M condo.
Else If u incur ABSD, half the battle lost liao.

WT is for homestay with all the convenience around.

As I have one more project under construction till 2022, I can’t sell it too due to SSD and minimal capital gain. Otherwise, may consider selling that for M.

 

[Passerboy]

WT is for homestay with all the convenience around.

As I have one more project under construction till 2022, I can’t sell it too due to SSD and minimal capital gain. Otherwise, may consider selling that for M.

Which project is that gg to TOP in 2022? Just curious, if u don’t mind saying.

 

[Panerex]

Which project is that gg to TOP in 2022? Just curious, if u don’t mind saying.

Park colonial

 

[NiShiZhu]

Park colonial

Yes WT is good for homestay and convenience. Even if SKG is completed, I still feel WWP mall is still a better mall with much sizeable space and have more shops than SKG.
Now may not be the best time to sell until the digital town/SIT or the white site next to WT is materialised. Probably can fetch better price?

Park colonial u bought how many bedder if u don’t mind sharing?

 

[Panerex]

Yes WT is good for homestay and convenience. Even if SKG is completed, I still feel WWP mall is still a better mall with much sizeable space and have more shops than SKG.
Now may not be the best time to sell until the digital town/SIT or the white site next to WT is materialised. Probably can fetch better price?

Park colonial u bought how many bedder if u don’t mind sharing?

I BR for investment purpose only

 

[NiShiZhu]

I BR for investment purpose only

Thanks for sharing. 1 bedder should be around 8xxk or high 7xxk depending when u bought it.
I presume u didn’t incur any ABSD?
If bought during CM night, ABSD 7%
If bought after CM night, ABSD 12%

 

[Passerboy]

Yes WT is good for homestay and convenience. Even if SKG is completed, I still feel WWP mall is still a better mall with much sizeable space and have more shops than SKG.
Now may not be the best time to sell until the digital town/SIT or the white site next to WT is materialised. Probably can fetch better price?

Park colonial u bought how many bedder if u don’t mind sharing?

Nice! It’s growing fast!

 

[Panerex]

Thanks for sharing. 1 bedder should be around 8xxk or high 7xxk depending when u bought it.
I presume u didn’t incur any ABSD?
If bought during CM night, ABSD 7%
If bought after CM night, ABSD 12%

Managed to decouple, hence no ABSD.

Lucky...

 

[NiShiZhu]

Managed to decouple, hence no ABSD.

Lucky...

I also decouple.
Looks like no one believes in paying ABSD.

 

[Panerex]

I also decouple.
Looks like no one believes in paying ABSD.

That’s why I keep thinking if it is worth all the efforts (vs risk) to get one more with ABSD.

May as well buy more stable reits for the yield

 

[toolbox03]

I also decouple.
Looks like no one believes in paying ABSD.

ABSD will erode whatever profit gain there is

But the foreign buyers are willing to pay

 

[daheigou999]

ABSD will erode whatever profit gain there is

But the foreign buyers are willing to pay

But for now, Chinese investors can’t even step foot into Singapore

 

[Passerboy]

But for now, Chinese investors can’t even step foot into Singapore

This is one key point that I think could hit CCR projects and if The M goes ahead with preview on 15 Feb, and the travel ban is still on, the sale of the projects could largely only be targeted to Singaporeans or foreigners of other nationality.

 

[toolbox03]

But for now, Chinese investors can’t even step foot into Singapore

Many luxury condo buyers are sinkie

 

[Doc Madatay]

Look like many are still positive about property despite the coronavirus I Black Swan