Treasure Crest

[Bulldog22]

Will there be stiff balloting? Looking at parc life, it seems that the ec market is slow

Above target for sim lian

 

[Bulldog22]

Thinking shld I get level 2 for stack 6 or 11.
Which is better?

Both stacks are similiar..but prefer stack 11 as further from drop off area...level 2 is good...i myself prefer kower levels...less noise..

 

[grix17]

Quick check w gurus here.
Seems like almost 70plus % sold. What is the possibility of bounced back units? E.g. cannot get loan / not eligible.

I nv submit e-app. Is it too late now???

Just walk in and enquire

 

[derong07]

Just walk in and enquire

PM me also can.

 

[Kokky83]

Thinking shld I get level 2 for stack 6 or 11.
Which is better?

I prefer 11. But i got 6 in the end coz 11 left with 2nd-4th floor

 

[mortal_azazel]

Congratulation to all bro n sis who managed to get the dream home

 

[imamiah]

Just chked w my agent. Already got drop out units. Got 1 4rm 2nd flr. Bros keen better go cheong!

 

[SBC]

Interestingly, every projects have weak buyers.

How many % sold to date?

 

[windwaver]

Interestingly, every projects have weak buyers.

How many % sold to date?

Think between 71% to 75%

 

[ChangWD]

Wah u so heng! High floor?

Not high floor... Level 4... But we see the building is on elevated ground cos car park is ground level that's why we take...

 

[ecobuyer]

The buyers who dropped out or "return" the units must have strong reason(s) for change of mind.

Anyway, there are currently about 20,000 unsold private condo and EC units in Singapore, according to URA Property Market webpage.

 

[PostCountWarrior[+1]]

The buyers who dropped out or "return" the units must have strong reason(s) for change of mind.

Anyway, there are currently about 20,000 unsold private condo and EC units in Singapore, according to URA Property Market webpage.

drop out pay 5% if i not wrong? That is 40k assume 800k unit?

 

[ecobuyer]

drop out pay 5% if i not wrong? That is 40k assume 800k unit?

If they have signed the otp but not yet signed the s & p (which will come few weeks later), they pay 1.25% of the purchase price.

For a $1mil unit is $12,500 (if they ve signed otp only)

 

[deodorant]

Already got drop out units.

Don't understand this behavior. So gungho to book unit and pay 1.25%, within not even 24 hours already change mind?

 

[derong07]

The supposedly 'dropped out' units during the booking of units are probably before the issuance of the OTP. If some of u remember the procedure yest, after u have selected the unit, ur agent will need to draw out the docs (many many forms) for u all to sign. At this moment, some buyers may have gotten cold feet & give up on buying the unit that they have chosen. Usually the agent will then very sadly return the whole set of docs back & the unit will be 'released' back for sale. No penalty involved.

 

[ChangWD]

I got mine this way... But throw my original unit back ofcos...

The supposedly 'dropped out' units during the booking of units are probably before the issuance of the OTP. If some of u remember the procedure yest, after u have selected the unit, ur agent will need to draw out the docs (many many forms) for u all to sign. At this moment, some buyers may have gotten cold feet & give up on buying the unit that they have chosen. Usually the agent will then very sadly return the whole set of docs back & the unit will be 'released' back for sale. No penalty involved.

 

[ecobuyer]

Thanks for the clarifications.

You can see the returned units for ECs and private condos by months in the below link.

https://www.squarefoot.com.sg/market-watch/returned-units

Sad to say, some buyers have to "return" unit for reasons which they did not want too eg
Unable to borrow the loan required
Cash shortfall after sale of BTO
Unable to pay monthly instalments
Unable to form family nucleus (for new ECs)

Of course, there is also a possibility they wait for next opportunity as pointed by squarefoot.com

 

[derong07]

Thanks for the clarifications.

You can see the returned units for ECs and private condos by months in the below link.

https://www.squarefoot.com.sg/market-watch/returned-units

Sad to say, some buyers have to "return" unit for reasons which they did not want too eg
Unable to borrow the loan required
Cash shortfall after sale of BTO
Unable to pay monthly instalments
Unable to form family nucleus (for new ECs)

This is real life. You have to return the unit and pay termination charges.

Shd have many cases as well for BTO flats. My own personal experience.....kena b4. Is really bobian one sometimes.

 

[derong07]

I got mine this way... But throw my original unit back ofcos...

Ur agent is gd! Fast hand fast leg!
Congrats in securing ur preferred unit.

 

[ecobuyer]

Ur agent is gd! Fast hand fast leg!
Congrats in securing ur preferred unit.

Ure fast hand fast leg and well respected agent