Toapayohkid 1st Gear April 8, 2009 Share April 8, 2009 every week got reports of hdb upgraders rushing to buy mass market condos. is the economy really scrwed or not? or these people foolishly commit themselves to such buys when the recession is only starting. ↡ Advertisement Link to post Share on other sites More sharing options...
Kxbc Turbocharged April 8, 2009 Share April 8, 2009 Can enlighten what is meant by "mass mkt condo"? Is it by price, location, no. of units in the establishment? I have been baffled many times by this term. Link to post Share on other sites More sharing options...
Roh96 6th Gear April 8, 2009 Share April 8, 2009 Not surprising to me. The property and stock market has been booming for a few years before it start to slump. There are still alot of cash rich ppl who are waiting to upgrade their homes. Link to post Share on other sites More sharing options...
Falc 3rd Gear April 8, 2009 Share April 8, 2009 If they are upgraders, mostly buying to stay, then no big deal as it's just pent up demand. Link to post Share on other sites More sharing options...
Wt_know Supersonic April 8, 2009 Share April 8, 2009 Alexis, Caspian, Mi Casa -> based on reports all selling like hot cakes. recession ? where ? Link to post Share on other sites More sharing options...
Donut Supercharged April 8, 2009 Share April 8, 2009 dun believe what the media says..... the property ppl are only trying to save themselves by publishing that sales are still very good and blah blah..... and also trying to con ppl to rush in to buy before all "sold out" but the truth is they are facing poor sales and poor commissions....... the property ppl are sharks!!!! Link to post Share on other sites More sharing options...
Drive_carcar Clutched April 8, 2009 Share April 8, 2009 On 4/8/2009 at 3:09 AM, Kxbc said: Can enlighten what is meant by "mass mkt condo"? Is it by price, location, no. of units in the establishment? I have been baffled many times by this term. I think anything that's not in district 9, 10 and 11, or even in East Coast / Marine Parade area, likely to be 99 years leasehold, are considered mass market. Usually it's 1,200 - 1,300 sq ft and generally less than $1M. Link to post Share on other sites More sharing options...
Drive_carcar Clutched April 8, 2009 Share April 8, 2009 On 4/8/2009 at 2:56 AM, Toapayohkid said: every week got reports of hdb upgraders rushing to buy mass market condos. is the economy really scrwed or not? or these people foolishly commit themselves to such buys when the recession is only starting. Because the price gap between HDB and Condo has narrowed. There are people who are either rich,or very foolhardy. But whatever it is, I think the best time to pick up bargains would be around this year. Link to post Share on other sites More sharing options...
Wt_know Supersonic April 8, 2009 Share April 8, 2009 (edited) i went to see Mi Casa @ CCK, 2+1 (study room) after whatever discount, best price is $712K. i said too expensive as it is at 12 floor. then i ask for floor 6 to 10. all sold. i said sure or not. are you holding and not selling. he said all these units were sold in 2 weeks and still selling fast. $712K+ for a 2+1 is damn CHEAP in his opinion (normally can fetch $750K), average psf is $640 On 4/8/2009 at 3:15 AM, Donut said: dun believe what the media says..... the property ppl are only trying to save themselves by publishing that sales are still very good and blah blah..... and also trying to con ppl to rush in to buy before all "sold out" but the truth is they are facing poor sales and poor commissions....... the property ppl are sharks!!!! Edited April 8, 2009 by Wt_know Link to post Share on other sites More sharing options...
Kxbc Turbocharged April 8, 2009 Share April 8, 2009 On 4/8/2009 at 3:15 AM, Drive_carcar said: I think anything that's not in district 9, 10 and 11, or even in East Coast / Marine Parade area, likely to be 99 years leasehold, are considered mass market. Usually it's 1,200 - 1,300 sq ft and generally less than $1M. That's a lot of "mass mkt" condos then. Wonder when I'll even have the chance to stay in a mass mkt condo. Link to post Share on other sites More sharing options...
Falc 3rd Gear April 8, 2009 Share April 8, 2009 On 4/8/2009 at 3:20 AM, Wt_know said: i went to see Mi Casa @ CCK, 2+1 (study room) after whatever discount, best price is $712K. i said too expensive as it is at 12 floor. then i ask for floor 6 to 10. all sold. i said sure or not. are you holding and not selling. he said all these units were sold in 2 weeks and still selling fast. $712K+ for a 2+1 is damn CHEAP in his opinion (normally can fetch $750K), average psf is $640 The nearby condos - warren and northvale are going for much less for the past 2 months. What's the differentiation for Micasa other than the fact is new? NORTHVALE CHOA CHU KANG LOOP Apartment 1 644,000 1,668 $386 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 500,000 1,281 $390 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 645,000 1,216 $530 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 788,000 1,475 $534 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 556,500 1,066 $522 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 830,000 2,723 $305 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 638,000 1,356 $470 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 550,000 1,066 $516 Feb-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 742,888 1,313 $566 Feb-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 660,000 1,518 $435 Feb-09 Link to post Share on other sites More sharing options...
Wt_know Supersonic April 8, 2009 Share April 8, 2009 (edited) Northvale, 762 units, year completed 1998 = 11 years already, i think the design also quite outdated. The Warren, 699 units, year completed 2004 = 5 years already, furnishing also not great Mi Casa, 457 units , year completed = 3+ years time, furnishing is up-to-date as progress with user demands On 4/8/2009 at 3:37 AM, Falc said: The nearby condos - warren and northvale are going for much less for the past 2 months. What's the differentiation for Micasa other than the fact is new? NORTHVALE CHOA CHU KANG LOOP Apartment 1 644,000 1,668 $386 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 500,000 1,281 $390 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 645,000 1,216 $530 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 788,000 1,475 $534 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 556,500 1,066 $522 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 830,000 2,723 $305 Mar-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 638,000 1,356 $470 Mar-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 550,000 1,066 $516 Feb-09 THE WARREN CHOA CHU KANG LOOP Condominium 1 742,888 1,313 $566 Feb-09 NORTHVALE CHOA CHU KANG LOOP Apartment 1 660,000 1,518 $435 Feb-09 Edited April 8, 2009 by Wt_know Link to post Share on other sites More sharing options...
Falc 3rd Gear April 8, 2009 Share April 8, 2009 (edited) So Micasa has better furnishing? Anyway, 11 years later, you know what kind of price Micasa will be going for. :P How does the condo size by itself affect anything? Bayshore park has 1093 units but the facilities and recreational spaces are top-notch. Edited April 8, 2009 by Falc Link to post Share on other sites More sharing options...
Kxbc Turbocharged April 8, 2009 Share April 8, 2009 Do you know what were these prices psf for Warren and Northvale at the time of launch? The psf slide seems pretty steep. Link to post Share on other sites More sharing options...
Wt_know Supersonic April 8, 2009 Share April 8, 2009 (edited) MiCasa -> design and furnishing is up-to-date la of coz compare to 5 to 10 years ago condo If the condo is not freehold -> the older it is the more it drops in pricing -> that's my view as the 99 years tenure depreciate Condo size -> personal preference -> i don't like 'huge' site where you feel too crowded. isn't we pay so much hard earned money ($700K may means little to someone but it means A LOT to me) so isn't we want a bit of exclusivity ? as you see those < 100 units condo in downtown is damn expensive. 1st = location, 2nd = fewer units. On 4/8/2009 at 3:53 AM, Falc said: So Micasa has better furnishing? Anyway, 11 years later, you know what kind of price Micasa will be going for. :P How does the condo size by itself affect anything? Bayshore park has 1093 units but the facilities and recreational spaces are top-notch. Edited April 8, 2009 by Wt_know Link to post Share on other sites More sharing options...
Wreckwrx 1st Gear April 8, 2009 Share April 8, 2009 I just recently went to see Northvale.... just feels too outdated and the layout isn't really to my liking The Warren's layout and facilities are much better (not to say newer) but it's a huge development with 699 units so i just find that there's way too many residents... A bit too overwhelming for me... Link to post Share on other sites More sharing options...
Falc 3rd Gear April 8, 2009 Share April 8, 2009 Sorry no idea. Warren should be ok, 5 years ago market not so good. Link to post Share on other sites More sharing options...
Falc 3rd Gear April 8, 2009 Share April 8, 2009 On 4/8/2009 at 4:02 AM, Wreckwrx said: I just recently went to see Northvale.... just feels too outdated and the layout isn't really to my liking The Warren's layout and facilities are much better (not to say newer) but it's a huge development with 699 units so i just find that there's way too many residents... A bit too overwhelming for me... Would the facilities of Northvale be better and more open spaces? ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Coolant level going down
Coolant level going down
Going to Kyushu...advice and recommend please.
Going to Kyushu...advice and recommend please.
Going to Brisbane, Please Advice
Going to Brisbane, Please Advice
Going to Batam. Where to park overnight ?
Going to Batam. Where to park overnight ?
Fatty Kim going crazy again
Fatty Kim going crazy again
Going to Polyclinic
Going to Polyclinic
Manual transmission cars going to be discontinued?
Manual transmission cars going to be discontinued?
Is it Necessary to go workshop before going VICOM inspection
Is it Necessary to go workshop before going VICOM inspection