Leepee 1st Gear September 12, 2008 Share September 12, 2008 Newly launched condo at bear road...just beside the new Nicoll MRT. Just visited the showroom on the 38th floor of the office block. Is it worth it to get a high floor unit to enjoy the fantastic view or maybe rent out in future. 1bedroom ~800sqf * 1500psf = $1,200,000 2bedroom ~1111sqf * 1500psf = $1,666,600. 3bedroom ~1300sqf. Is it time to get a unit or should I wait for the economy/property fallout in few months time? (that is provided there will be a fall out and price crash?) Any comments is welcomed. ↡ Advertisement Link to post Share on other sites More sharing options...
Leepee 1st Gear September 12, 2008 Author Share September 12, 2008 Another view of living on the edge at a high floor condo! Link to post Share on other sites More sharing options...
Rickster 5th Gear September 12, 2008 Share September 12, 2008 Whats the development's name? 1500psf seems quite a reasonable price for that area. Link to post Share on other sites More sharing options...
Adrianli Hypersonic September 12, 2008 Share September 12, 2008 Hi, I work there. Seeing the same view for the last 4yrs+ after the Nicoll incident. My colleagues will be back in the office during National Day to view the fireworks. Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 12, 2008 Share September 12, 2008 Go for it man!!! Link to post Share on other sites More sharing options...
Nullifi3d 4th Gear September 12, 2008 Share September 12, 2008 Woah rich bloke. Is this an upgrade for you? Link to post Share on other sites More sharing options...
Billcoke 2nd Gear September 12, 2008 Share September 12, 2008 (edited) Newly launched condo at bear road...just beside the new Nicoll MRT.Just visited the showroom on the 38th floor of the office block. Is it worth it to get a high floor unit to enjoy the fantastic view or maybe rent out in future. 1bedroom ~800sqf * 1500psf = $1,200,000 2bedroom ~1111sqf * 1500psf = $1,666,600. 3bedroom ~1300sqf. Is it time to get a unit or should I wait for the economy/property fallout in few months time? (that is provided there will be a fall out and price crash?) Any comments is welcomed. The design of the windows gives me a impression, that it can't be opended, just like The Plaza, and also laundry must be dried indoor. Be prepared to chalk up high electric bills for aircon and drier. You can live with that? Also heard that those units facing sea view is marked up $300psf. They also extended the 99yrs leasehold for another 30 yrs, right? Edited September 12, 2008 by Billcoke Link to post Share on other sites More sharing options...
Silver_blade Turbocharged September 12, 2008 Share September 12, 2008 (edited) Actually, most modern mid/high-end apartments(Concourse should be considered mid-range) are like that. Very few window access....cos most of the people living there have the aircon switched on 24/7. (Concorde should be considered mid-range) In fact, I'm seeing more HDB dwellers doing that too and using dryer 100% of the time (unless the clothes have to hang to dry). Edited September 12, 2008 by Silver_blade Link to post Share on other sites More sharing options...
inlinesix Hypersonic September 12, 2008 Share September 12, 2008 Is there a laundry room to hang? If got, why use dryer? I live in HDB & hang it in my laundry rm. On windy day, half a day can collect liau. I stay on 2nd flr. Link to post Share on other sites More sharing options...
Silver_blade Turbocharged September 12, 2008 Share September 12, 2008 Most mid/high end condo have a back yard...but clothes dried in a dryer smell better (and will not get cooking smell from neighbours)and dry a lot faster. Can do a load of washing, dry and fold within around 2hours.... Link to post Share on other sites More sharing options...
Scenic98 Clutched September 12, 2008 Share September 12, 2008 if one can afford a 1500psf 99yr leasehold pigeon hole, i think whether got laundry area or not is the last thing on their mind. Most will just send it to the cleaners. Looks like this one is pricing itself close to the Sail, but situated in little tom-yam land. i may be wrong, but i think prices are coming off from the peak. yes, on and off, u will hear news of some one splurging 15mil, but that will be far and few in between. take your time and i think u will get what u want at a better price. having said that, forget about prices going back down to SARS days. Link to post Share on other sites More sharing options...
King_of_abalone Clutched September 12, 2008 Share September 12, 2008 You may be able to bargain on prices from those desperate individual sellers who cannot afford to pay the bank loan. But i think those sellers who can hold their properties, especially the good quality properties, won't sell to you cheap. They also know that construction and materials cost now very high, sell to you cheap sure lugi one... Bigger and rich developers with deep pockets also won't lower their price too much to sell to you. At most give a small discount only. Link to post Share on other sites More sharing options...
King_of_abalone Clutched September 12, 2008 Share September 12, 2008 You buy this property already, still got money to buy your cayman? wah, every month your loan installment will be sibeh jialat Link to post Share on other sites More sharing options...
Rickster 5th Gear September 12, 2008 Share September 12, 2008 Hi, I work there. Seeing the same view for the last 4yrs+ after the Nicoll incident. My colleagues will be back in the office during National Day to view the fireworks. Lucky u! How i wish to be able to work n live in the city area....unfortunately, i always ended up working in industrial areas smelling all kinds of toxic day in day out Link to post Share on other sites More sharing options...
Robo 2nd Gear September 12, 2008 Share September 12, 2008 if u can afford y not!? the price seems to be reasonable and attractive in that area.. Link to post Share on other sites More sharing options...
Fcw75 Hypersonic September 12, 2008 Share September 12, 2008 Link to post Share on other sites More sharing options...
Testa_ross4 Clutched September 12, 2008 Share September 12, 2008 City area also smelling all kinds of toxic from cars Link to post Share on other sites More sharing options...
Testa_ross4 Clutched September 12, 2008 Share September 12, 2008 Clothes dried in dryer smell better? Are you sure? I seldom use my dryer as nothing beats the most powerful UV source to kill bacteria ie. the sun. ↡ Advertisement Link to post Share on other sites More sharing options...
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