Treasure at Tampines

[annetyu]

ho say liao.

annetyu is the best property genius in HWZ.
her words are gospel truth.

the crash is here to come!!!!!!

Thank you captain but I don't think the new pricing is out yet..? Definitely will be lower.

It does not take a genius to spot that those new launches are all overpriced. Not sure why everyone all in a frenzy last year. Monkey see, monkey do? Or get conned by agents? Anyone who rush in to buy Affinity/ Garden/ Woodleigh residence during launch can share your thought process during that time?

I was never predicting a crash. Even if woodleigh residence relaunch at 1.6kpsf is not a crash, because it is still a high for the area. No one has seen woodleigh condo transacting at above 1.4kpsf before 2018.

 

[captain huat]

I hope more crash will come. This is just the dawn. You have yet to see the real one coming yet. When that happens your kovan will get impacted.

haha its ok la.
crash to 50% painful for me but i can live with it.

becos i bought my freehold below 1k per squarefoot.
u think kovan freehold will sell at 450 per squarefoot in short term?

i rolled my property, as in i sell than i buy and took very little loan.
i never buy to invest but buy to stay as i think kovan is still a good place to bring up my kids.

worst case, i just sit the house for 20-30 years lor.
lets see how is the market then.

maybe i sell 30years later when my kids are old enough and buy teban and go cycling with u to visit showflats daily.

 

[Broadwalk]

haha its ok la.
crash to 50% painful for me but i can live with it.

becos i bought my freehold below 1k per squarefoot.
u think kovan freehold will sell at 450 per squarefoot in short term?

i rolled my property, as in i sell than i buy and took very little loan.
i never buy to invest but buy to stay as i think kovan is still a good place to bring up my kids.

worst case, i just sit the house for 20-30 years lor.
lets see how is the market then.

maybe i sell 30years later when my kids are old enough and buy teban and go cycling with u to visit showflats daily.

Buy to stay should be fine. Cycling around is healthy but with NEL clutter with so many residences and HDBs I think NEL will be facing big challenges in ridership and relaibility. road also very very congested.

 

[captain huat]

Buy to stay should be fine. Cycling around is healthy but with NEL clutter with so many residences and HDBs I think NEL will be facing big challenges in ridership and relaibility. road also very very congested.

Kovan NEL Cluttered ar?
yeah sia.

today NEL confirm packed lor. i boarded at serangoon, the train so slow. knn. this NEL mrt, take also dulan.

Kovan Road congestion ar?
in fact, are u sure is kovan really the most congested in the whole Singapore.
i never go and make any findings.

but anyway, maybe u can highlight to everyone here which road is not congested to you so that we can consider buying property there. Sharing is caring bro.

 

[Broadwalk]

Kovan NEL Cluttered ar?
yeah sia.

today NEL confirm packed lor. i boarded at serangoon, the train so slow. knn. this NEL mrt, take also dulan.

Kovan Road congestion ar?
in fact, are u sure is kovan really the most congested in the whole Singapore.
i never go and make any findings.

but anyway, maybe u can highlight to everyone here which road is not congested to you so that we can consider buying property there. Sharing is caring bro.

I am no agent because I young time grow up from there so roughly know the road from hougang to kovan to serangoon to potong pasir. That stretch not good lah. But kovan not bad but road really congested already. Imagine from sengkang and punggol all big mega projects and with florence around there. Then come down you got woodleigh area many many HDBs and condos really clutter and packed.

 

[captain huat]

I am no agent because I young time grow up from there so roughly know the road from hougang to kovan to serangoon to potong pasir. That stretch not good lah. But kovan not bad but road really congested already. Imagine from sengkang and punggol all big mega projects and with florence around there. Then come down you got woodleigh area many many HDBs and condos really clutter and packed.

Yeah sia i feel u bro.

during peak hour, i see all the roads in rest of singapore not congested.

Only kovan/potong pasir congested.

What to do. I buy le. Cannot sell now.
Just live with it lor.

 

[Broadwalk]

Yeah sia i feel u bro.

during peak hour, i see all the roads in rest of singapore not congested.

Only kovan/potong pasir congested.

What to do. I buy le. Cannot sell now.
Just live with it lor.

You can start riding aleoca.

 

[NiShiZhu]

https://woodleighresidencessingapor...MI7rHStZzz4QIVwgorCh3t3QNiEAAYAyAAEgKRuvD_BwE

Buyers during 2018 launch paid 1900 to 2000 psf. Today, relaunched at 1700 psf,
see who are the losers?

Wise men say only fools rush in.....
Can’t help falling in love

Relax bro, only 27 fools rush in nia.
Most of the buyers are still sane

 

[Pokémon]

Relax bro, only 27 fools rush in nia.
Most of the buyers are still sane

I did not take note of this project much, and wow, I suppose it is the worst performing new launches...

 

[NiShiZhu]

The 27 WLR early buyers better pray hard 1700psf is for those big big units. (4/5 bedders)
If 1700psf also applies to those small small units, I think they sure cry with no tears. Immediate $300psf paper loss.

Anxiously waiting for price to be released before commenting further.

 

[1993newbie]

Quick search on FB. 2 bedders from $980k!!

“ Integrated Development at Woodleigh MRT

New Showflat open on 11th May.

New attractive price -
2 Bedroom Units from $980,000, $1,733psf!

Japanese Design. Japanese Quality
Singapore's only premium integrated development built with Japanese craftsmanship
Live Integrated
Jewel of Bidadari Estate Master Plan
A home for all generations “

The 27 WLR early buyers better pray hard 1700psf is for those big big units. (4/5 bedders)
If 1700psf also applies to those small small units, I think they sure cry with no tears. Immediate $300psf paper loss.

Anxiously waiting for price to be released before commenting further.

 

[1993newbie]

A 2 bedder unit was sold in January at $1981Psf! Wahhh, if really price dropped to $1733psf , Really paper loss for the owner le.

The 27 WLR early buyers better pray hard 1700psf is for those big big units. (4/5 bedders)
If 1700psf also applies to those small small units, I think they sure cry with no tears. Immediate $300psf paper loss.

Anxiously waiting for price to be released before commenting further.

 

[Broadwalk]

The 27 WLR early buyers better pray hard 1700psf is for those big big units. (4/5 bedders)
If 1700psf also applies to those small small units, I think they sure cry with no tears. Immediate $300psf paper loss.

Anxiously waiting for price to be released before commenting further.

Maybe they will be compensated. don’t spread fear.

 

[annetyu]

Maybe they will be compensated. don’t spread fear.

No such thing, contracts are already signed. SPH and Kajima also need the cash from those 27units to offset their future losses.

If really 1733psf, it is going to put downward pressure on park colonial and then on tre ver and so on...

 

[NiShiZhu]

Quick search on FB. 2 bedders from $980k!!

“ Integrated Development at Woodleigh MRT

New Showflat open on 11th May.

New attractive price -
2 Bedroom Units from $980,000, $1,733psf!

Japanese Design. Japanese Quality
Singapore's only premium integrated development built with Japanese craftsmanship
Live Integrated
Jewel of Bidadari Estate Master Plan
A home for all generations “

What u see is probably an estimation from property guru agents.
Sometimes these agents like to put low low price to attract attention.
Must really wait for the actual price release by developer.

 

[Broadwalk]

No such thing, contracts are already signed. SPH and Kajima also need the cash from those 27units to offset their future losses.

If really 1733psf, it is going to put downward pressure on park colonial and then on tre ver and so on...

Then I feel for the early buyers.

 

[faded11]

https://woodleighresidencessingapor...MI7rHStZzz4QIVwgorCh3t3QNiEAAYAyAAEgKRuvD_BwE

Buyers during 2018 launch paid 1900 to 2000 psf. Today, relaunched at 1700 psf,
see who are the losers?

Wise men say only fools rush in.....
Can’t help falling in love

What do you mean by relaunched?

 

[Forever84]

WLR was never priced realistically. PC sold well and price was 17xx. Why would people buy WLR when across the road can get PC for cheaper?

 

[ThinkCarefully]

What do you mean by relaunched?

They opened for sale last year, called test launch or soft launch. Sold about 27 or 30 units out of 6xx units or 4% of total. Closed their show flat.

Looking at the advert, looks like they are launching again whether you call it new launch, re-launch or first launch.

 

[ThinkCarefully]

I did not take note of this project much, and wow, I suppose it is the worst performing new launches...

Reportedly, WR sold 28 units out of 6xx in total or about 4% of total during launch weekend.

Florence Residences reported thousands of visitors and sold 54 units out of 1,410, about 3% of total, during launch weekend.

Which is more outstanding?