Throttle2 Supersonic March 9, 2017 Share March 9, 2017 Errrmm....less than $1000 psf and they gave all the ID. Literally able to move in except for electronics like washing machine, TV, etc. I squeezed the developer Agreed! Saw that developer was hungry / desperate so I had to act fast. I was actually not in the market to buy now but I couldnt let the opportunity slip away. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
therock Supersonic March 9, 2017 Share March 9, 2017 Another reason to avoid Punggol: http://www.straitstimes.com/singapore/massive-traffic-jam-in-punggol-after-accident-on-tpe SINGAPORE - Commuters in the Punggol and Sengkang areas were stuck in traffic during morning rush hour on Tuesday (March 7) after an accident that reportedly caused a huge jam. The accident, which occurred on the Tampines Expressway (TPE) in the direction of Changi Airport after the Lorong Halus exit, occurred at around 6.40am. It involved three cars and two motorcycles, said a police spokesman. The Singapore Civil Defence Force said it dispatched an ambulance to the scene. Two male motorcyclists aged 42 and 60 were taken to Changi General Hospital. The Straits Times understands that their injuries were not serious. Photos posted on social media showed a massive build-up of vehicles in Punggol Central, with netizens complaining of being stuck in the jam. Concierge officer Nurhidayu Atan, 32, who boarded a cab at Punggol Place at 7.45am to get to her workplace in Changi, told The Straits Times she was still stuck in the area at 8.40am. "Usually it will take me about 30 minutes with normal peak-hour traffic. But I reached work at around 9am instead of 8.15am, my usual timing. My cab fare was $32. On normal days it would have been $17 to $20," she added. "The cab driver tried a different route instead of going on the TPE from my house but everywhere was a bottleneck so we were moving very slowly." Facebook user Justin Ryuji Peng, who called it the worst traffic jam he has experienced in his life, said he was still in Punggol after an hour. 3 Link to post Share on other sites More sharing options...
Theoldjaffa Hypersonic March 9, 2017 Share March 9, 2017 (edited) Errrmm....less than $1000 psf and they gave all the ID. Literally able to move in except for electronics like washing machine, TV, etc. I squeezed the developer Agreed! Saw that developer was hungry / desperate so I had to act fast. I was actually not in the market to buy now but I couldnt let the opportunity slip away. Congrats! Sorry I was lazy to scroll back. Can share which location is that? Cos I seldom see developers being desperate haha Edited March 9, 2017 by Theoldjaffa 3 Link to post Share on other sites More sharing options...
Enye Hypersonic March 9, 2017 Share March 9, 2017 Errrmm....less than $1000 psf and they gave all the ID. Literally able to move in except for electronics like washing machine, TV, etc. I squeezed the developer Agreed! Saw that developer was hungry / desperate so I had to act fast. I was actually not in the market to buy now but I couldnt let the opportunity slip away. how come the developer so desperate to sell? thought that many here say they have a lot of holding power? 3 Link to post Share on other sites More sharing options...
Showster Twincharged March 9, 2017 Share March 9, 2017 (edited) how come the developer so desperate to sell? thought that many here say they have a lot of holding power? ð Wait till you hear his unit size. He might not calculate the way you did. Edited March 9, 2017 by Showster Link to post Share on other sites More sharing options...
Wind30 Turbocharged March 9, 2017 Share March 9, 2017 That's why we praise you for action. Will praise you again later. Best time to act, find something you like and need at price you feel comfy and go. No need to wait for interest change nonsense. Those who can wait for interest change can wait for the next change and the next change. Three years later still waiting. Errr u know this case shows the property market is like Super bad.... that is why I asked for the launch price. I am wondering what sort of real prices are people transacting now.... People read this will not want to buy unless they can get a similar deal...l Errrmm....less than $1000 psf and they gave all the ID. Literally able to move in except for electronics like washing machine, TV, etc. I squeezed the developer Agreed! Saw that developer was hungry / desperate so I had to act fast. I was actually not in the market to buy now but I couldnt let the opportunity slip away. did u decouple after u seal the deal? I was trying to decouple a few months back and it was hard to do it in time for the new sale. Partly was I had an outstanding loan under both of our names and there is on,y a fixed window to modify the loan 2 Link to post Share on other sites More sharing options...
Showster Twincharged March 9, 2017 Share March 9, 2017 (edited) Errr u know this case shows the property market is like Super bad.... that is why I asked for the launch price. I am wondering what sort of real prices are people transacting now.... People read this will not want to buy unless they can get a similar deal...l did u decouple after u seal the deal? I was trying to decouple a few months back and it was hard to do it in time for the new sale. Partly was I had an outstanding loan under both of our names and there is on,y a fixed window to modify the loan Actually recent caveats also have quite a few recorded with similar attributes to what Jonathan mentioned, which was why I felt puzzled why people do not grab the chance as these run out. Assuming his ABSD was for second property, his price was about 1.6mil for 1700+ sqft, psf under 1000. There are such transactions already for new CCR Freehold few minutes from MRT, although not everyone wants central locations and sizes. But wait for interest rate rises? Why? Anyway, market won't run away that fast but such deals are likely to be very rare going forward. Edited March 9, 2017 by Showster Link to post Share on other sites More sharing options...
Wyfitms Twincharged March 9, 2017 Share March 9, 2017 To paraphrase a very wise man: is the market super bad? Or super good? The truth really, is somewhere in between. I'm seeing people going thru so much hassle just to decouple and take a bet on real estate. Waiting at the sidelines.. wanna buy but wait for a while.. sales launch sell half in 2 days. Strong need to chase yield? Or chase capital appreciation? 1 Link to post Share on other sites More sharing options...
Showster Twincharged March 9, 2017 Share March 9, 2017 To paraphrase a very wise man: is the market super bad? Or super good? The truth really, is somewhere in between. I'm seeing people going thru so much hassle just to decouple and take a bet on real estate. Waiting at the sidelines.. wanna buy but wait for a while.. sales launch sell half in 2 days. Strong need to chase yield? Or chase capital appreciation? ðð Divine discontent? Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 9, 2017 Share March 9, 2017 Will be another HOT one ... coming soon to a MRT station near you! http://www.straitstimes.com/business/property/first-land-parcel-for-private-homes-in-bidadari-up-for-sale First land parcel for private homes in Bidadari up for sale Mar 7, 2017 http://www.straitstimes.com/business/property/strong-interest-expected-for-bidadari-mixed-use-site Strong interest expected for Bidadari mixed-use site Mar 7, 2017 Fantastic location. 1 Link to post Share on other sites More sharing options...
Wyfitms Twincharged March 9, 2017 Share March 9, 2017 Fantastic location. Ura very good to us. I notice the past few GLS, every piece of land also described by experts as "hot" or "attractive" Or is it just that every location in Singapore is simply prime? 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 9, 2017 Share March 9, 2017 Ura very good to us. I notice the past few GLS, every piece of land also described by experts as "hot" or "attractive" Or is it just that every location in Singapore is simply prime? 4 Link to post Share on other sites More sharing options...
Wt_know Supersonic March 9, 2017 Share March 9, 2017 (edited) wah sibei swee ah .... only 1 block all surrounding are greenery .... muaahahahahaha staying here sure can get seat at MRT station ... not like JE ... jam like sardines this one $2500psf also must buy ... priceless !!! LOL Edited March 9, 2017 by Wt_know 1 Link to post Share on other sites More sharing options...
Superjonjon 4th Gear March 9, 2017 Share March 9, 2017 Errr u know this case shows the property market is like Super bad.... that is why I asked for the launch price. I am wondering what sort of real prices are people transacting now.... People read this will not want to buy unless they can get a similar deal...l did u decouple after u seal the deal? I was trying to decouple a few months back and it was hard to do it in time for the new sale. Partly was I had an outstanding loan under both of our names and there is on,y a fixed window to modify the loan i decoupled first then signed the otp. Decoupled on Monday and push the lawyer to complete the transaction in 4 weeks. Signed OTP the next day which gives us 8 weeks. The size is 173sqm/1862 sqft. 1 Link to post Share on other sites More sharing options...
Superjonjon 4th Gear March 9, 2017 Share March 9, 2017 To paraphrase a very wise man: is the market super bad? Or super good? The truth really, is somewhere in between. I'm seeing people going thru so much hassle just to decouple and take a bet on real estate. Waiting at the sidelines.. wanna buy but wait for a while.. sales launch sell half in 2 days. Strong need to chase yield? Or chase capital appreciation? ðð For me, i was looking for better yield and capital appriciation. The plot ratio is currently 1.6 but they have just widened the road from single to dual land. Thus I believe that in the future that the plot ratio may increase with En bloc possibilities. In the end, i saw it as a good deal which i should take rather than keep waiting. Was hoping that the budget remove the ABSD but it didnt materialise hence the decoupling. Actually recent caveats also have quite a few recorded with similar attributes to what Jonathan mentioned, which was why I felt puzzled why people do not grab the chance as these run out. Assuming his ABSD was for second property, his price was about 1.6mil for 1700+ sqft, psf under 1000. There are such transactions already for new CCR Freehold few minutes from MRT, although not everyone wants central locations and sizes. But wait for interest rate rises? Why? Anyway, market won't run away that fast but such deals are likely to be very rare going forward. Agree that not many people would want places with such sizes but since it is meant for my own stay, i went for it. The first property which is 1130 sqft would be rented out. 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 9, 2017 Share March 9, 2017 Fantastic location. Mixed use development, next to MRT ... gonna sell like hotcakes again. Another no 1300psf to 1500psf no talk, will land bid prices go up again? 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 9, 2017 Share March 9, 2017 http://www.propertyguru.com.sg/property-management-news/2017/3/147980/5-affordable-projects-for-singles 5 Affordable projects for singles March 8, 2017 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 9, 2017 Share March 9, 2017 http://sbr.com.sg/building-engineering/news/singapore-third-most-expensive-city-in-asia-construction Singapore is the third most expensive city in Asia for construction Mar 6, 2017 ↡ Advertisement 8 Link to post Share on other sites More sharing options...
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