With so many condos springing up at the same time like the above, some beside the MRT and bibidari coming up, anyone wanna share their views on the above condos and the advantages and disadvantages of the above over one another? Thanks.
Shopping Mall ✓
Famous primary school ✓ (maris stella / cedar girls)
City Fringe ✓
Foreign Schools ✓
Near MRT ✓
Almost new estate ✓
Price X
Road traffic X
Personally, between Park Colonial vs Woodleigh vs Tre Ver, park colonial would be my first choice, reason being most likely woodleigh will delay or take a longer time to build (mix dev). Tre Ver is more ulu.
Home stay would be good, flipping will be a challenge (just my opinion though, the projects around woodleigh are close to a mall and good schools).
Just take a look at the projects 1 station away (condos around potong pasir mrt, sennett residences / condos aroudn bartley - bartley residences) - owners don't see to make much profit
Think Park Colonial side will be very crowded and busy especially since Bidadari will be sharing the same mrt station as them. The roads from Hougang - Bendemeer there gonna be 1 cluster fk when all is said and done.
Which area got very little condo development ?with so many condos around the area, unless use it for stay, think hard to make a profit
Which area got very little condo development ?
on a side note, the 2 condos beside park colonial had a 200PSF increase in $$, if anyone is interested in investment / homestay in the area can engage an agent to cold call all the home owners in the vicinity to buy the units there, prices for park/woodleigh would most likely end up 2k+ PSF when near TOP.
with so many condos around the area, unless use it for stay, think hard to make a profit
Say is like that say. But 10 years ago, who would have thought such area can command $1.8k psf.
Well, the reason for the sudden surge in prices in that area is because of developers overbidding, hence parc colonial's break even is $1600psf.
From $1300psf to $1800 in less than 2 years is plainly ridiculous.. Unfortunately many buyers are accepting it as it is and jumping on it.
still waiting for market to crash ?Sure 2k psf? Want to come book a unit with me on saturday, kiatme?
The Tre Ver
- Living, breathing, green architectural concept in a city fringe location with a rare 220m frontage along Kallang River
- Built with luxurious finishes with intimate and lush landscaping
- 15 min drive to Orchard or CBD
- 5 min drive to Potong Pasir or Woodleigh mrt
Park Colonial
- Right next to Woodleigh MRT (Linked walkway)
- More than 60% sold
- Luxurious finishes and facilities
The Woodleigh Residences
- Additional Early Bird Discount available!
- Integrated Development (28,000 sq m of retail gross floor area)
- Integrated Transport Hub
- Unblocked views of Alkaff Lake
still waiting for market to crash ?
The reason why I think prices should not increase so rapidly is because i dont want the market to crash. All the best.
Tre Ver is very far in. Resort liked if u like ulu. Quite a long distance to the ntuc in Potong Pasir. Likely require to drive out and into Potong Pasir which may take 10mins