NEWest

[THC]

Hiaweh:

What is your opinion of triplex above a shopping mall? This new dev. is going for less than $1000psf and it's land tenure is about 960+ yrs. It's like a 4-storey townhouse with a 'basement' as carpark, smallest built up area is 2400+ sqft. only thing it's built above a shopping mall.


Going price for 2400+ sqft is 2.4+mil. Would you pay for this type of housing or rather go for a condo within the same price range?

I went to view the project.
Total area divide by number of floors = one floor less than 600sqft
And need to minus space for lift and staircase, u r left with very small area per floor.

Image how to squeeze 2 or 3 room in such small space!!!!

[Coolkidsrock2]

Read in Lianhe Wanbao that the developer cut the price to about $2.2mio. About 12 units or so left.

[Hiaweh]

Not sure why they cut prices. Forgot to ask the agent. The land is as good as freehold.

[THC]

Coolkidsrock2:

Read in Lianhe Wanbao that the developer cut the price to about $2.2mio. About 12 units or so left.

Ref townhouse, I believe more than 50% unsold.
They probably want to cross min threshold, wait for a few more months, maybe more discount.

[LedellLiza55]

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[LedellLiza55]

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