Treasure Crest

[sassyy]

Agreed. So, do you think is it worth buying a 3bdrm Premium 1152sqf at $872K + $40K levy?

Bro can PM me the price list please?

Thank you very much

 

[ysh1985]

Personally, I wouldn't (I believe you are looking at those inward looking 3 Br P2, in NNW facing). Firstly, it is not that convenient (despite how they advertise it as walkable to LRT/ MRT). Secondly, I believe traffic may be quite bad once everything (i.e., schools, hospital, residential units) is up. Thirdly, the price difference between the inward looking units and the outlooking units belonging to the same block appears too wide to me (however, this could be justifiable on the fact that those outward looking units could be nosier since they are facing the expressway).

 

[ysh1985]

I think for the second-timers, they have to pay the resale levy upfront, so that is why celestialt05 added it into the calculation.

 

[Yinngin]

ysh1985, I can't pm you the price list in PDF. Do you want me to send it to your email add?

Can send me the price list too yinx0003@gmail.com

Thanks

 

[celestialt05]

Buying EC at a low price will not lose money. For Sengkang these new ECs anything above $700psf most prob lose money. Look at Compass Heights pte condo of 12-13 yrs directly above Sengkang Mrt location wise so much better but currently transacting around $800-$850 psf only.

True, I have been thinking about this after reading through the posts. The cons outweighs pros. It would be good for 1st-timer if they are looking at 3 bdrm.

 

[Ariene]

Hi celestial,

Can pm me the price list? I cant seem to pm u..


Thank you

 

[ysh1985]

Try doing a search in propertyguru for compass heights? I just did a search and most of the units selling are arnd $800+psf price range. And i think that condo was in 2003 not 16 years? Btw if you calculate based on lease. For ECs even when u move in its considered as 3-4year old condo then?

Maybe Luxurie could be a fairer comparison?

 

[pinky.gem]

saw the pricelist. how come stack 03 and 04 the price so low compare to other stack ?

 

[ChangWD]

Resale levy is paid upon sale of the HDB unit.

Hmmm... Unless they already sold the house, if still owning it'll only be paid when u sell the house...

 

[ysh1985]

Luxurie's and La Fiesta's psf are really high

Luxurie's TOP is closer than Compass Heights.

 

[Yinngin]

saw the pricelist. how come stack 03 and 04 the price so low compare to other stack ?

What's the price for 3br?

 

[SiaOLiaO]

Using CPF for downpayment is one of the common choice right? ..... unless you have lots of hard cash to spare with. Investment is always like that, either you gain more or less, worst case is to lose. No perfect strategy to ensure win win situation. Anyway if u plan to sell away in 10 years time, the risk is still there, either gain, lose or breakeven.

Well he was stating to CLEAR his CPF to buy the EC. Well do it within your means, everyone has their own beliefs, I'm just highlighting how they can make the most out of their CPF savings.

 

[celestialt05]

Hi, I have emailed all of you the price list of TC.

 

[saladchew]

Hi,

Can someone send me the price list in PDF at sallychew1985@gmail .com

 

[ecobuyer]

The latest private condo launched in Seng Kang was High Park Residences.

When it was launched about a year ago, a 4-bedroom (1152 sq ft) sells from $980,000. The 4-bedroom faces pool.. In psf, is about $850 psf for a private condo.

Treasure Crest 4-bedroom sells from about $980,000 although the four bedroom in Treasure Crest is bigger in floor size.

Add in resale levy for second-timer, a 4-bedroom Treasure Crest could cost more than $1.03 mil.

Yet, ECs come with various restrictions like minimum MOP of 5 years. In fact, one cannot sell EC in the next 8 years (3 years of construction + 5 years of MOP).

For prospective buyers of ECs, have you ever asked what if you cannot meet the requirements of ECs in the next 8 years?

 

[sk0065]

Hmmm... Unless they already sold the house, if still owning it'll only be paid when u sell the house...

if sold already

how to pay this levy?

during purchase of the EC?

 

[celestialt05]

I have a colleague that keeps reminding me that the prices of EC are going to increase over the years, if I am not getting one now, I will probably lose out. What do you think?

 

[G4]

anyone have the pricelist in excel?

 

[ecobuyer]

I have a colleague that keeps reminding me that the prices of EC are going to increase over the years, if I am not getting one now, I will probably lose out. What do you think?

When High Park Residences private condo in Sengkang was launched a year ago, the 4-bedrm units was selling from $850 psf onwards vs $1,000 psf for private condos like Riverbank, Rivertree private condos in Sengkang launched 2 years ago.

You should analyse property prices in URA website under "property market" tab.

 

[celestialt05]

Hi SK0065

I think it would be good to check with the agent or HDB website. There are procedures when you have pay the 5% deposit, 15% CPF and levy.