Treasure has v good entry price... likely won’t lose money at all but the profits may be thin for most units in the short term.https://treasuretampines-condo.sg/balance/also almost sold out liao
whole island balance units drying up liao
Treasure has v good entry price... likely won’t lose money at all but the profits may be thin for most units in the short term.https://treasuretampines-condo.sg/balance/also almost sold out liao
whole island balance units drying up liao
supply Low meh. Still got so many project not 100% sold. Or are you referring to 1br supply Low?
http://ytreporp.com/top.php
Poiz Residence is seeing good resale volume at $17xxpsf - 10 one bedder resold for 2021 Jan-Mar, perhaps due to nearby Park Colonial and Woodleigh Residences stocks drying? It was about $14xxpsf during launch.###
1 and 2 br, below 2k psf... not many, especially ocr new launch
Someone shared 1br 1,7xx only one project has avail stock..
Those willing to pay 2xxx psf and above, stock avail and some also willing to sub-sale
###
Poiz Residence is seeing good resale volume at $17xxpsf - 10 one bedder resold for 2021 Jan-Mar, perhaps due to nearby Park Colonial and Woodleigh Residences stocks drying? It was about $14xxpsf during launch.
###
1 and 2 br, below 2k psf... not many, especially ocr new launch
Someone shared 1br 1,7xx only one project has avail stock..
Those willing to pay 2xxx psf and above, stock avail and some also willing to sub-sale
###
Treasure got upside potential I guess from its low entry psf compared to our new launch. But the downside is the completion u face in the resale market due to it having more units.Treasures is a great place for ownstay in the East... low psf and low maintenance fee are huge attractions, better value than some upcoming EC. Very accessible to upgraders.
The 5 bedder layout looks shiok.
Many buyers here lah. Dun disturb them lah.2000 plus units, how to live with privacy?
Hehe what’s wrong when someone is telling the truth?Many buyers here lah. Dun disturb them lah.
What's the upside for Treasures?Treasure got upside potential I guess from its low entry psf compared to our new launch. But the downside is the completion u face in the resale market due to it having more units.
Sorry this sounds likes it coming from an agent.Treasures is a great place for ownstay in the East... low psf and low maintenance fee are huge attractions, better value than some upcoming EC. Very accessible to upgraders.
The 5 bedder layout looks shiok.
For point 1, initial buyer entered ard 12-14xxpsf, quite a decent gap to surrounding EC Parc Central gg at 11xxpsf. The next cheapest PC should be Watergardens@Canberra and the plot beside alr, expected 14xxpsf too. Though it’s not in the same region but both OCR, so food for tots.Sorry this sounds likes it coming from an agent.
1. The PSF is not low. The only project in tampines with higher PSF currently is Tapestry ) What are you comparing with?
2. Low maintenance is because the facilities are shared amongst 2200 units. I think the facilities will be overcrowded and will wear out very fast. There is only 1 tennis court, which is ridiculous.
3. I dont have confidence in Sim Lian as developer. The build quality and finishes is really lacking. I have seen their projects in Trilliant, Waterview and frankly both are very basic condos which lose out to their nearby competitors in the resale/rental market..
I was thinking if future buyers would really take this finishing into consideration when they buy a resale proj, cos if so some of the EC finishing are really sub par yet it’s selling 200-300psf more.Treasures finishing is really quite subpar. One may argue that furnishing is something that can be easily remedied with renovation, but how many will actually knock down everything and rebuild from scratch? It's both a waste of money and materials. Furthermore, it is also a hint of how much the developer value the property, and it may reflect in the overall building quality too which we can't really check on, until problems arise couple years down the road.
I don't think both first owner and resale buyers are willing to pay a premium for it. Buyers being buyers will always find reasons to ignore pros and amplify cons to push down the price. Especially Singaporeans or Asians in general, who are not willing to pay for quality (can be seen in our consumer product purchases and tipping amount).I was thinking if future buyers would really take this finishing into consideration when they buy a resale proj, cos if so some of the EC finishing are really sub par yet it’s selling 200-300psf more.
and would new launch buyers pay a premium for finishing?
Its the difference between why CDL can price Tapestry higher than Treasures, even though the location of Tapestry is arguably worse. Have you seen the build quality of the balcony or kitchen counter in Treasure showroom? It really looks like something i would expect from a basic HDB BTO (not even EC or DBSS)I don't think both first owner and resale buyers are willing to pay a premium for it. Buyers being buyers will always find reasons to ignore pros and amplify cons to push down the price. Especially Singaporeans or Asians in general, who are not willing to pay for quality (can be seen in our consumer product purchases and tipping amount).
It is then up to the developer to decide whether to provide quality furnishing, more to enhance or protect their brand name rather than as an attraction point to sell the house.