99-year condos?

[Theoldjaffa]

thanks. now its clear.

[Throttle2]

thanks. now its clear.

 

 

No prob, i agree that there are many spots on Central Core which I wont put money on.

 

and quite often the best places to stay may not be the best places to invest and vice versa.

It all depends on what you buy the property for.

[Porker]

The location is great but I also wonder as i drive pass there why the maintenance is not equally great.... the white wash walls looked really weathered

 

Take a look at the recently completed 8 Nassim Hill.. very nice but unfortunately out of my reach at more than $10mil per piece

[Notsogoodman]

Now if you buy HDB complete MOP, buy private, then existing HDB enbloc, how? can SER choose another new HDB.

 

u will then have to sell off your HDB (after the enbloc is announced) as you cannot enjoy the SER benefit as you are holding a private property

[Throttle2]

Take a look at the recently completed 8 Nassim Hill.. very nice but unfortunately out of my reach at more than $10mil per piece

 

 

I dont bother becos totally out of my reach too ......

[Ben5266]

Any opinion on Waterfront Isle?

http://www.asiaone.com/Business/My%2BMoney...202-261713.html

 

I went to look see. A 2bedroom, 900+sqf is asking for $1million. And, it is not even facing the reservoir.

This is consider as mass market condo right?

 

For waterfront Gold, 3 bedroom, 1300+sqf, facing reservoir, is asking for $1.4mil.

[Richardlimbs]

Any opinion on Waterfront Isle?

http://www.asiaone.com/Business/My%2BMoney...202-261713.html

 

I went to look see. A 2bedroom, 900+sqf is asking for $1million. And, it is not even facing the reservoir.

This is consider as mass market condo right?

 

For waterfront Gold, 3 bedroom, 1300+sqf, facing reservoir, is asking for $1.4mil.

 

its mad...mass mrkt condo going for above 1k psf in the suburbans

[Mllcg]

how come buy hdb cannot buy private?

 

i Buy HDB to STAY

 

i buy private to RENT.

 

so i;m still not illegally subletting what.

[Soya]

Any opinion on Waterfront Isle?

http://www.asiaone.com/Business/My%2BMoney...202-261713.html

 

I went to look see. A 2bedroom, 900+sqf is asking for $1million. And, it is not even facing the reservoir.

This is consider as mass market condo right?

 

For waterfront Gold, 3 bedroom, 1300+sqf, facing reservoir, is asking for $1.4mil.

 

when (and not if) the mkt turns, ka-boom.....!

[Throttle2]

its mad...mass mrkt condo going for above 1k psf in the suburbans

 

Suburban mass market condos will drop easily to about $800psf within the next 2 years.

 

Currently those left to buy are upgraders who have to take on a larger debt than they already have now. plus, so much supply coming. you dont touch, I dont touch, foreigners dont touch, where do prices go from here?

 

An overall 20% decline across all category in the next 2 yrs is the ideal result which the Govt are trying to acheive.

 

I keep my cash for now

[Jj5599]

Any opinion on Waterfront Isle?

http://www.asiaone.com/Business/My%2BMoney...202-261713.html

 

I went to look see. A 2bedroom, 900+sqf is asking for $1million. And, it is not even facing the reservoir.

This is consider as mass market condo right?

 

For waterfront Gold, 3 bedroom, 1300+sqf, facing reservoir, is asking for $1.4mil.

 

 

900 plus sq ft is decent size, and the price is alright. If you can't afford that quantum, you should settle for smaller units hence lower quantum.

[Jj5599]

Suburban mass market condos will drop easily to about $800psf within the next 2 years.

 

Currently those left to buy are upgraders who have to take on a larger debt than they already have now. plus, so much supply coming. you dont touch, I dont touch, foreigners dont touch, where do prices go from here?

 

An overall 20% decline across all category in the next 2 yrs is the ideal result which the Govt are trying to acheive.

 

I keep my cash for now

 

I am certain that the days of $800 psf are gone. Even though there are more measures are in place but it only affects speculators and not genuine buyers. There will always have genuine buyrs or buyers with strong holder power.

[Throttle2]

I am certain that the days of $800 psf are gone. Even though there are more measures are in place but it only affects speculators and not genuine buyers. There will always have genuine buyrs or buyers with strong holder power.

 

 

 

genuine buyers dont make up enough numbers.

thereason why prices moved up is not becos of user buyers but becos of investor buyers and speculator buyers.

investor buyers and speculator buyers dont like a sticky cashflow.

 

by the way, the subject is private properties not HDB. HDB price movement is affected more by real demand.

 

in case you dont know, there are plenty of condos although not brand new which are under $800psf.

you looking to buy?

[Jj5599]

Of course there will be older ones priced below $1000 psf, but psf for new condo (not talking about large PH) unlikely to drop below to $800 psf.

 

I bought a 2 bedroom condo already, now U/C.

Edited February 8, 2011 by Jj5599

[Soya]

haha...we need more optimistic buyers like him to soak up the last drops of demand before the river runs dry. less competition for all of us later when we go bargain hunting.

[Throttle2]

Of course there will be older ones priced below $1000 psf, but psf for new condo (not talking about large PH) unlikely to drop below to $800 psf.

 

I bought a 2 bedroom condo already, now U/C.

 

 

bro, new condo today is old condo of tomorrow.

 

but hope you are right.

[Throttle2]

haha...we need more optimistic buyers like him to soak up the last drops of demand before the river runs dry. less competition for all of us later when we go bargain hunting.

 

 

good point.

 

i'm no speculator nor trader.

i'm a long term investor, i target to hold 10yrs usually.

 

cheers

[Throttle2]

hhmm, actually I've only been buying freehold.

 

maybe should look at 99yrs in future.....