Long Queue at Bedok Condo

[Mustank]

Where got recession?

 

[Alim]

This one picha lobang on TV lah.

 

If you watched the news last night, you'll understand.

 

ERA is the exclusive and many in the queue were students.

 

When interviewed, the students were asked how much they were paid. It was between $8-10/hour.

 

When asked, who will they collect the payment from. One replied,"From the housing agent."

 

When the tried to interview representative from ERA, none was available for interview.

[Duckduck]

This one picha lobang on TV lah.

 

If you watched the news last night, you'll understand.

 

ERA is the exclusive and many in the queue were students.

 

When interviewed, the students were asked how much they were paid. It was between $8-10/hour.

 

When asked, who will they collect the payment from. One replied,"From the housing agent."

 

When the tried to interview representative from ERA, none was available for interview.

 

haha frontrunning properties man macam stock futures! Capitaland every time gets ERA to do their projects, then recently bought Storhub from Hersing, ERA's listed owner. Sometimes i wonder if the Capitaland n Hersing pakat together anot... too many things do together liao lor

 

Now this type of dodgy student thingy...

[Tarzan666]

it could be future owners ask agent who ask students to queue up..

 

Anyway 4 room or 3 room there is 1m i tink..my mum stay diagonally opp nia..hehe.

[Fattychubby]

how much PSF?

[Alim]

Anyway, I can guess the script when they interview ERA later, housing agents pay students on behalf of their overseas clients (Mainland Chinese who can't be in SG) ;)

 

I can't understand why people will pay up to $1.3k psf for 99 year lease.

[Babyt]

since its holiday, its good source of income by queuing for 2-3 days and earn $500 over bucks.

[Old-driver]

Anyway, I can guess the script when they interview ERA later, housing agents pay students on behalf of their overseas clients (Mainland Chinese who can't be in SG) ;)

 

I can't understand why people will pay up to $1.3k psf for 99 year lease.

Its madness, u can easily can get FH condo for $1.3k psf.

[13177]

This one picha lobang on TV lah.

 

If you watched the news last night, you'll understand.

 

ERA is the exclusive and many in the queue were students.

 

When interviewed, the students were asked how much they were paid. It was between $8-10/hour.

 

When asked, who will they collect the payment from. One replied,"From the housing agent."

 

When the tried to interview representative from ERA, none was available for interview.

Meaning agent buying the unit themselves and sell later? From the news, people here really rich! Whenever any new housing launched, sure to have long queue!!!

[Heng51]

Meaning agent buying the unit themselves and sell later? From the news, people here really rich! Whenever any new housing launched, sure to have long queue!!!

 

Just look at Trivelis at clementi... many times oversubscribe in spite of the hefty price..

And tomorrow is the result of the ballot... glhf

[Tleslie]

Meaning agent buying the unit themselves and sell later? From the news, people here really rich! Whenever any new housing launched, sure to have long queue!!!

 

if it is true, thats bad for the buyers....

agent bought all and sell to potential buyers at a premium price.

[Babyt]

actually was told no need to be rich to buy a unit...just have enough to put downpayment and sell it out as soon as price is up.

[13177]

actually was told no need to be rich to buy a unit...just have enough to put downpayment and sell it out as soon as price is up.

But still need to pay for the monthly installement lo.

[Duckduck]

if it is true, thats bad for the buyers....

agent bought all and sell to potential buyers at a premium price.

 

crazy how to do that with 16% 1st yr SSD?

[Wyfitms]

since its holiday, its good source of income by queuing for 2-3 days and earn $500 over bucks.

 

Good for developer too... pay 50 students only cost 25K.. 2.5% of a million dollar unit only... cheap marketing tactic

[Wyfitms]

how much PSF?

 

small units abt 1,250 psf

Big units abt 1,150 psf

 

My fren bought a FH at moulmein rise a few yrs back for 1,100 psf. Developer launched it couple of years before that at 800 psf...

[Soya]

actually was told no need to be rich to buy a unit...just have enough to put downpayment and sell it out as soon as price is up.

 

 

told to u by agent izit? maybe that's what alot of other buyers oso tink. very dangerous.

 

$$ outlay would consist up to 40% d/p, 3% stamp duty, lawyer fee, monthly instalment and 4-16% stamp duty if sell within the first 4 yrs. that is assuming the mkt doesn't dip and bank exercises margin call.

 

moral of story: no holding power, dun dabble in property.

[Hotamp]

told to u by agent izit? maybe that's what alot of other buyers oso tink. very dangerous.

 

$$ outlay would consist up to 40% d/p, 3% stamp duty, lawyer fee, monthly instalment and 4-16% stamp duty if sell within the first 4 yrs. that is assuming the mkt doesn't dip and bank exercises margin call.

 

moral of story: no holding power, dun dabble in property.

 

when go to these previews, agents always paint until got dragon got phoenix...knn end of the day they only come out with saliva, but the person who sign come out with hard earn cash...so buyer beware.