Mercs: property news & updates

[Alfc]

38 minutes ago, Dp26 said:

Not just that maybe. Older HDBs blocks are sparsely located compared to now so maybe can build up 6 blocks instead of 4 plus 40 stories instead of 12. 
 

sibeh huat 

Still got some more... old estate carpark is usually big open-air type. Convert to multi-storey (charge higher parking fees) and free up land for additional blocks.

sibeh sibeh huat ah

[Dp26]

Yah it’s open air carpark there 

1 hour ago, 13177 said:

Finally the SERS project make a comeback after so long?! Lol. 2 of the blocks view not bad, unblocked but facing the expressway, should be noisy.

Another funny SERS, they SERS blk 562-565, but left out the other side two blk 558 & 560? Thought if they SERS all the 6 blks there, it would have quite a big plot of land for development?

Haven’t yet la. 
bit by bit. Not enough HDB for them to SERS together at one go maybe. 
 

the HBD across the road 4rm MOPed asking ridiculous prices already 

[Mercs]

UP UP and away!

 

HDB Resale Prices Continue Rising for the 21st Straight Month, Increase by 0.7% in March 2022

https://www.srx.com.sg/research/62741/hdb-resale-prices-continue-rising-for-the-21st-straight-month-increase-by-07-in-march-2022

https://www.businesstimes.com.sg/real-estate/hdb-resale-volume-recovers-in-march-as-prices-rise-for-21-straight-months-srx-99co

https://sbr.com.sg/residential-property/news/hdb-resale-volume-soars-192-qoq-in-march

https://www.straitstimes.com/singapore/housing/hdb-resale-prices-rose-for-21st-straight-month-in-march-pinnacle-duxton-unit-sold-for-record-138-million

Pinnacle flat sells for record $1.38m

 

 

[Mercs]

https://www.straitstimes.com/singapore/housing/past-sers-projects-range-from-west-coast-to-woodlands

Past Sers projects range from West Coast to Woodlands

https://www.99.co/singapore/insider/600-households-ang-mo-kio-sers/

600 households over 4 blocks in Ang Mo Kio picked for SERS

 

https://www.businesstimes.com.sg/real-estate/kensington-park-condo-might-gun-for-mega-en-bloc-sale-again

Kensington Park condo might gun for mega en bloc sale again

 

https://www.99.co/singapore/insider/family-3-kids-overhaul-hdb-executive-apartment-punggol/

Family with 3 kids bought and overhauled HDB Executive Apartment (EA) in Punggol after forgoing condo option

 

https://www.propertyguru.com.sg/property-guides/pgf-von-lim-finding-a-new-home-and-financing-it-63454

Returning to Singapore, Finding A New Home and Financing It

https://www.propertyguru.com.sg/property-guides/ismail-selling-a-home-during-a-pandemic-63438

The Challenges and Rewards of Selling a Home During a Pandemic

 

https://stackedhomes.com/editorial/5-beautifully-designed-hdb-units-that-are-ready-to-move-in/

https://stackedhomes.com/editorial/the-ultimate-step-by-step-walkthrough-to-viewing-a-resale-hdb-like-a-pro-with-pictures/

 

https://www.homeanddecor.com.sg/gallery/house-tour-major-reconfiguration-for-this-dark-minimalist-three-room-hdb-at-marine-crescent/

House Tour: Major reconfiguration for this dark minimalist three-room HDB at Marine Crescent

https://www.homeanddecor.com.sg/gallery/house-tour-contemporary-peranakan-executive-apartment-in-bedok/

House Tour: Contemporary Peranakan executive apartment in Bedok’s total reconfiguration

 

 

[13177]

5 hours ago, Dp26 said:

Yah it’s open air carpark there 

Haven’t yet la. 
bit by bit. Not enough HDB for them to SERS together at one go maybe. 
 

the HBD across the road 4rm MOPed asking ridiculous prices already 

You tell me which HDB just MOP is not asking ridiculous prices? From popular location to not so popular location all same same. 😅

If that two blk did not got SERS under this SERS project, dont think they will get SERS liao. So next time when they build new housing there, that 2 old blk would become like eye sore. Reminds me of the SERS project in Holland Rd back then, when two point blk old HDB did not got SERS, and now the surrounding all are new BTO and housing, that 2 blk looks so weird.

Just saw the tv news on this AMK SERS, and they interviewed the residents there. Many said the blk has many problems, always need repair work. But this HDB only 43 year old le, how come so many problems? Lack of maintenance from town council? There are tons of HDB flats much more older than this AMK HDB lo and yet people still staying in them. Lol.   

[Mercs]

 

 

 

 

 

 

 

 

[Mercs]

On 3/24/2022 at 8:27 PM, Mercs said:

For those with concern simple solution just go for current fixed rate (below 2%) for peace of mind. 

After that even if FED up rate 10 times also no issue, dun say 2.5/3%, wanna smell 2% also difficult 😛

 

TDSR at 3.5% and even if at that, interest rates are still super duper cheap as compared to yesteryears 😉

 

https://www.mortgagewise.sg/5-year-fixed-rate-still-at-historical-lows/

 

 

4m15s

 

 

 

https://www.straitstimes.com/business/economy/many-us-fed-officials-support-future-half-point-increase-minutes-show

Many US Fed officials support future half-point increase, minutes show

 

[Mercs]

https://www.channelnewsasia.com/singapore/hdb-sers-ang-mo-kio-en-bloc-new-flats-2613516

4 HDB blocks in Ang Mo Kio identified for SERS; first such announcement in nearly 4 years

https://www.channelnewsasia.com/singapore/hdb-sers-ang-mo-kio-potential-development-mrt-station-analysts-2614146

Ang Mo Kio site identified for SERS offers 'significant' redevelopment potential: Analysts

https://www.channelnewsasia.com/singapore/ang-mo-kio-sers-hdb-flat-block-562-565-2614301

'We'll see how it goes': Sentiments split among residents of Ang Mo Kio blocks picked for SERS

 

 

 

 

[13177]

The AMK SERS, noticed the replacement flat is located at ITE college there, seems not a good location, much further to MRT. The current site is nearer to MRT as it located along AMK ave 3.

[Mercs]

https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-mar-22-mar-29-done-deals

Residential transactions with contracts dated Mar 22 to Mar 29 [DONE DEALS]

https://www.edgeprop.sg/property-news/north-gaia-set-trend-ec-projects-average-price-1250-1280-psf

North Gaia to set trend for EC projects at average price of $1,250 to $1,280 psf

https://www.edgeprop.sg/property-news/penthouse-midtown-modern-sets-new-price-high-development-4278-psf

Penthouse at Midtown Modern sets new price high in development of $4,278 psf

https://www.edgeprop.sg/property-news/four-bedder-grange-infinite-sold-24-mil-loss

Four-bedder at Grange Infinite sold at $2.4 mil loss

https://www.edgeprop.sg/property-news/three-bedder-oue-twin-peaks-sale-48-mil

Three-bedder at OUE Twin Peaks up for sale at $4.8 mil

 

https://www.edgeprop.sg/property-news/freehold-residential-building-haig-road-sold-nanshan-group-493-mil-collective-sale

Freehold residential building on Haig Road sold to Nanshan Group for $49.3 mil in collective sale

https://www.straitstimes.com/business/property/haig-road-flats-sold-en-bloc-on-3rd-attempt-at-493m-above-owners-asking

Haig Road flats sold en bloc on 3rd attempt at $49.3m, above owner's asking

https://sbr.com.sg/residential-property/news/freehold-property-haig-road-sold-493m-collective-sale

https://www.businesstimes.com.sg/real-estate/haig-road-flats-sold-en-bloc-on-3rd-attempt-at-s493m-above-owners-asking

 

https://sbr.com.sg/residential-property/news/ang-mo-kio-block-can-still-be-optimised-through-sers-orangetee

Ang Mo Kio block can still be optimised through SERS

 

https://stackedhomes.com/editorial/woodlands-glen-review/

 

 

 

[Didu]

There are people who go temple pray for SERS. Then you see some folks tio SERS also say sad lah, inconvenient lah,...wu yah boh??

Don't at night sleep also laugh out hor.....🙄

[13177]

2 hours ago, Didu said:

There are people who go temple pray for SERS. Then you see some folks tio SERS also say sad lah, inconvenient lah,...wu yah boh??

Don't at night sleep also laugh out hor.....🙄

Ya lo, all those resident just pretend and act like very sad that their blk tio SERS. Resident tio SERS is like strike TOTO first group prize, no matter what options given by HDB will the resident choose lo. Resident only feel sad if their blk tio SARS but definitely not sad when tio SERS. Lol. 

[camrysfe]

5 hours ago, Mercs said:

https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-mar-22-mar-29-done-deals

Residential transactions with contracts dated Mar 22 to Mar 29 [DONE DEALS]

https://www.edgeprop.sg/property-news/north-gaia-set-trend-ec-projects-average-price-1250-1280-psf

North Gaia to set trend for EC projects at average price of $1,250 to $1,280 psf

https://www.edgeprop.sg/property-news/penthouse-midtown-modern-sets-new-price-high-development-4278-psf

Penthouse at Midtown Modern sets new price high in development of $4,278 psf

https://www.edgeprop.sg/property-news/four-bedder-grange-infinite-sold-24-mil-loss

Four-bedder at Grange Infinite sold at $2.4 mil loss

https://www.edgeprop.sg/property-news/three-bedder-oue-twin-peaks-sale-48-mil

Three-bedder at OUE Twin Peaks up for sale at $4.8 mil

 

https://www.edgeprop.sg/property-news/freehold-residential-building-haig-road-sold-nanshan-group-493-mil-collective-sale

Freehold residential building on Haig Road sold to Nanshan Group for $49.3 mil in collective sale

https://www.straitstimes.com/business/property/haig-road-flats-sold-en-bloc-on-3rd-attempt-at-493m-above-owners-asking

Haig Road flats sold en bloc on 3rd attempt at $49.3m, above owner's asking

https://sbr.com.sg/residential-property/news/freehold-property-haig-road-sold-493m-collective-sale

https://www.businesstimes.com.sg/real-estate/haig-road-flats-sold-en-bloc-on-3rd-attempt-at-s493m-above-owners-asking

 

https://sbr.com.sg/residential-property/news/ang-mo-kio-block-can-still-be-optimised-through-sers-orangetee

Ang Mo Kio block can still be optimised through SERS

 

https://stackedhomes.com/editorial/woodlands-glen-review/

 

 

 

Haig road site seems very reasonable . 1286 psf on land only

[Kopites]

7 hours ago, 13177 said:

Ya lo, all those resident just pretend and act like very sad that their blk tio SERS. Resident tio SERS is like strike TOTO first group prize, no matter what options given by HDB will the resident choose lo. Resident only feel sad if their blk tio SARS but definitely not sad when tio SERS. Lol. 

Only if their soon to be amk new flat can fetch a million. Looking at 500k the most with location. 

sell high buy high couple with further away location from mrt the general sentiments shown in the video should be truth. That area got lot of oldfolks as well.  My opinion. 

Compare to tanglin halt. Right smack in Queenstown mrt. 

Edited April 8, 2022 by Kopites

[camrysfe]

3 hours ago, Kopites said:

Only if their soon to be amk new flat can fetch a million. Looking at 500k the most with location. 

sell high buy high couple with further away location from mrt the general sentiments shown in the video should be truth. That area got lot of oldfolks as well.  My opinion. 

Compare to tanglin halt. Right smack in Queenstown mrt. 

any sers or Enbloc will earn if u use the money to buy a replacement. those who are f*** by Enbloc are those who didn't buy anything after Enbloc

[13177]

4 hours ago, Kopites said:

Only if their soon to be amk new flat can fetch a million. Looking at 500k the most with location. 

sell high buy high couple with further away location from mrt the general sentiments shown in the video should be truth. That area got lot of oldfolks as well.  My opinion. 

Compare to tanglin halt. Right smack in Queenstown mrt. 

At least they should be given enough compensation for the resident to buy a resale flat in a good location if they dont want the replacement flat. No matter what they still gain.

Find amk not many vacant land available esp near to MRT area. So if any SERS in amk, the replacement flat also not near to MRT.

Although there is a large piece of vacant land near the library, former temporary bus interchange which is not that far from MRT, but so far no see any development there yet. Dont know if they are building private housing, new BTO project or for any SERS?!

[Mercs]

On 4/9/2022 at 1:57 AM, camrysfe said:

Haig road site seems very reasonable . 1286 psf on land only

Agreed, reasonable for FH land, but it was even cheaper 18 months ago 😛

https://www.propertyguru.com.sg/property-management-news/2020/11/194917/freehold-residential-site-on-haig-road-sold-for-32-8mil

Freehold residential site on Haig Road sold for $32.8mil

27 Nov 2020

(Including a development charge (DC) of around $264,602, the $32.8 million price works out to a land rate of $943 per sq ft per plot ratio (psf ppr).

This could even go lower to $924 psf ppr (inclusive of $1.86 million DC), should the developer tap the 7% bonus gross floor area for balconies)

 

 

As mentioned prior, not just land ... construct manpower costs etc all gone up, can expect be paying higher psf for future new launches, buyers beware on whether the 'new' justify the 'high' 😉

Be it just land or property .... ' SG property, always good to be in as early as possible'

[Mercs]

https://sg.finance.yahoo.com/news/family-sold-pinnacle-duxton-5-105432469.html

Family sold Pinnacle@Duxton 5-roomer to be closer to Bukit Timah schools

 

https://www.insider.com/singapore-last-traditional-village-lorong-buangkok-tour-photos-houses-life-2022-4

Take a look inside Singapore's last traditional village, where rent is less than $13 a month and the modern city-state feels a world away

 

https://www.straitstimes.com/business/invest/how-to-stop-siblings-from-fighting-over-parents-properties

How to stop siblings from fighting over parents' properties

https://www.straitstimes.com/business/invest/when-a-joint-owner-does-not-inherit-the-property

When a joint owner does not inherit the property

https://www.straitstimes.com/singapore/housing/workspaces-near-home-a-vibrant-cbd-and-flexible-land-use-among-strategies-for-singapores-future

Workspaces near home, vibrant CBD, flexible land use among strategies for S'pore's future

 

https://stackedhomes.com/editorial/5-nearly-new-cheapest-4-room-hdb-flats-under-400000-non-mature-areas/#gs.wdpy43

https://stackedhomes.com/editorial/7-real-life-examples-of-how-property-data-can-be-used-to-mislead-home-buyers/#gs.wdpz1y

https://stackedhomes.com/editorial/will-kingsford-hillview-peak-q-bay-residences-or-la-fiesta-be-a-better-bet-for-a-2-bedroom-unit/

 

https://www.asiaone.com/singapore/woman-and-son-locked-out-yishun-flat-landlord-forced-spend-night-stairwell

Woman and son locked out of Yishun flat by landlord, forced to spend night in stairwell

https://www.asiaone.com/singapore/landlord-hell-tenants-sengkang-flat-claim-she-monitors-their-movements-limits-shower-time

Landlord from hell? Tenants of Sengkang flat claim she monitors their movements, limits shower time to 5 minutes

https://mothership.sg/2022/04/landlord-chase-out-tenant/

East Coast landlady allegedly chases tenants out after 5 days, move their belongings outside