WaterBay Punggol EC

[derong07]

Hey folks,

Just an update: Last 2 days of e-application (Mon & Tue)

Actual pricing will be released on 16th Oct (Tue)=> Last day of e-application.

From what I heard (actual figures we will have to wait till e-application has ended), Waterbay is now more than 2x oversubscribed already. If u are interested, do let me know and we can head to the showflat asap.

Darren
Mobile: 91443311
Email: darrenlim.era@gmail.com

 

[Carnage]

Yes, of course pay more if its bigger.

My point was that for a 3 room DK unit, its small relative to those in the other ECs. The rooms for this DK unit would be more squeezy - the utility room for this DK unit looks very small from the floor plan.

I wouldn't pay for a DK in Punggol unless it's for multi generation living.

The competition for rental here would be very very close.

 

[rymchardware]

My point was that if you go for a bigger 3 room DK unit in other ECs, the price for that particular DK unit in another EC would move up to a higher quantum price bracket.

For that price you are going to pay for an EC, it would not have much difference from other condos priced in that same area.

So my question is if you are going to pay more, why should you go for an EC when you can choose a condo?

If you think its going to be squeezy, then you would have considered a 4 bdrm dual key right?

Bigger cannot be cheaper.

Too bad that the 4 room DK unit is pricey - a difference of 300 square feet and pay $220,000 more. If the 3 room DK unit is 100 square feet more, it would be only an additional $70,000 more, which is more affordable.

And if one is gonna pay $220,000 more (i.e. pay $1M or more for a EC unit), might as well go for a private condo.

 

[rymchardware]

I wouldn't pay for a DK in Punggol unless it's for multi generation living.

The competition for rental here would be very very close.

Yup - agree with you. For me, the main reason for buying a DK in Punggol should be for self stay / multi generation living.

 

[sandpapa]

Went to the show flat, for the 3 bedroom the living room look cramp but the bulcony look too big.

The 4 bedroom living hall look much better, but again the bulcony look too big. Just my own view.

 

[AMD_FREAK]

Went to the show flat, for the 3 bedroom the living room look cramp but the bulcony look too big.

The 4 bedroom living hall look much better, but again the bulcony look too big. Just my own view.

I was thinking, if it's possible to renovate in such a way that you extend about 1 metre of the living area into the balcony?

I remember driving pass the DBSS @ Boon Keng, and there's a unit on the 3rd floor with the balcony sliding door nearer to the balcony railing than the other units.

 

[derong07]

Went to the show flat, for the 3 bedroom the living room look cramp but the bulcony look too big.

The 4 bedroom living hall look much better, but again the bulcony look too big. Just my own view.

oh I actually prefer the 3-bedder layout because of the dry kitchen. The dry kitchen with the glass gives the whole kitchen a very spacious feel and it can double up as a lounge or small dining space. There's a silver metal line that marks out the actual balcony size, the balcony is not the whole timber decking that you saw. Maybe u didn't notice.

 

[earthyblue]

I wouldn't pay for a DK in Punggol unless it's for multi generation living.

The competition for rental here would be very very close.

You would be surprised that a lot of people buy DK units not for rental but more for own stay.

A lot of people do have this misconception that DK means rent out the studio to offset the instalments which on paper looks like it but reality not many people do so.

 

[Carnage]

You would be surprised that a lot of people buy DK units not for rental but more for own stay.

A lot of people do have this misconception that DK means rent out the studio to offset the instalments which on paper looks like it but reality not many people do so.

It is a good option to have it as rental, especially for this project when they allocate area for kitchen and toilet.

Not every DK layout is like this.

I prefer the above, but no door to separate is really an oversight on developer's part.

 

[AMD_FREAK]

It is a good option to have it as rental, especially for this project when they allocate area for kitchen and toilet.

Not every DK layout is like this.

I prefer the above, but no door to separate is really an oversight on developer's part.

That's strange, you mean after the main door, you reach the foyer, then no doors already?

 

[Carnage]

That's strange, you mean after the main door, you reach the foyer, then no doors already?

What I noticed is, for other projects there are 3 doors. 1 main door, 1 door to the studio room and 1 door for the main apartment.

Whereas for this, there's only 1 door as shown on floorplan. When my gf asked this of the agent, he also hem and haw before giving us the solution of building our own doors.

http://www.roostingplace.com/Waterbay/floor-plan

On this website, 3 doors are shown for DK layout. So I'm really confused now.

 

[wwtan83]

What I noticed is, for other projects there are 3 doors. 1 main door, 1 door to the studio room and 1 door for the main apartment.

Whereas for this, there's only 1 door as shown on floorplan. When my gf asked this of the agent, he also hem and haw before giving us the solution of building our own doors.

Waterbay - Floor Plans

On this website, 3 doors are shown for DK layout. So I'm really confused now.

There are door.... All doors are provided... The floorplan in the brochure just shows you the main door. Anyways, your agent should be fired.

The specifications in the brochure: (see below)

quote:

9. Doors:
Main Entrance - Approved fire-rated timber door
Bedrooms and Bathrooms - Hollow core flush timber door
Kitchen - Timber framed door with infill glass panel expect Type B1p, b1 and b1t
WC and Utility: PVC or aluminum folding door
PES, balcony, Open roof terrace: Powder coated finished aluminum sliding/swing door and or fixed glass panel with tinted glazing and or clear glass and or frosted glass where appropriate

Hope this helps. You can refer to the floor plans included on that site to see the door locations and which way they swing.

And yes for the 4 bedroom dual key there are 2 doors to the lift lobby.

 

[wwtan83]

Too bad that the 4 room DK unit is pricey - a difference of 300 square feet and pay $220,000 more. If the 3 room DK unit is 100 square feet more, it would be only an additional $70,000 more, which is more affordable.

And if one is gonna pay $220,000 more (i.e. pay $1M or more for a EC unit), might as well go for a private condo.

Well depends on how you see it. Usually DK are more pricey cos there is a investment value to the studio unit esp for studios where the kitchen is built in by the developer.

 

[wwtan83]

Yes, of course pay more if its bigger.

My point was that for a 3 room DK unit, its small relative to those in the other ECs. The rooms for this DK unit would be more squeezy - the utility room for this DK unit looks very small from the floor plan.

The utility room for this development is pretty small. I am wondering if the foldable bed in the show suite will actually come down fully if we actually tried to bring it down....

They did not allow the foldable bed complete freedom of movement.... so its anybody's guess.

 

[derong07]

What I noticed is, for other projects there are 3 doors. 1 main door, 1 door to the studio room and 1 door for the main apartment.

Whereas for this, there's only 1 door as shown on floorplan. When my gf asked this of the agent, he also hem and haw before giving us the solution of building our own doors.

Waterbay - Floor Plans

On this website, 3 doors are shown for DK layout. So I'm really confused now.

Hi Carnage,

Yes, the DK floorplans in ur given website (should be drafts) are slightly different from the ones in the brochure. Logically, definitely will have one. 1 is the main door of the DK unit, and then 1 door each for the studio & another door for the other section of the DK. I will try to clarify again on this and then update you guys.

 

[wwtan83]

Waterbay EC 1st round booking exercise is over.

Approx 53% sold.

Most of the big units are sold, especially Type D2. Very strong uptake for Dual Key and 5 bedroom.

Walk in selection for 1st timers now ongoing.

For 2nd timers, 2nd round ballot is scheduled on 19 Nov. Do submit your e-apps early if interested.

If your choice unit is not available at Waterbay, another EC will launch in November - The Topiary EC @ Fernvale.

The Topiary EC @ Fernvale

 

[derong07]

Final 26 units remaining at Waterbay. Prices never increase at all.

1 unit of 2-bedroom, 20 units of 3-bedrooom, & 5 units of 3-bedroom penthouse.

 

[zaviour]

is the cash upfront still the same? 20% + 3% stamp duty for first property to be owned?

 

[derong07]

is the cash upfront still the same? 20% + 3% stamp duty for first property to be owned?

for 1st-timers, basically nothing much has changed except that the maximum loan quantum you can get may be lower. 5% cash + 15% CPF and/or cash. Remaining 80% will be by the bank loan (assuming you can eligible for 80% loan).

Stamp duty for 1st property for a SG citizen = 3% of purchase price - $5,400.

 

[derong07]

Latest update for Waterbay EC:

Returned (ineligible buyers) units =>
#01-17: 3-bedroom PES unit (1 and only PES available)
#04-22: 3-bedroom Dual Key* unit (1 and only DK available)
#17-12: 3-bedroom Penthouse unit (last pool-facing PH available)

There are still a few units of 3-bedroom Penthouse* remaining (gonna be rare in future as future ECs cannot have units larger than 160 sqm).


*Do note that Waterbay is not affected by the new DK multi-generation rule and the maximum size cap of 160 sqm.