Property Views
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pirate:
The agent told me as long as her listings are not ground floor or top floor units, she feels more relieved because these are harder to sell.lee_yl:
No, mine is not on ground floor. Is ground floor unit good? An agent told me ground floor units are hard to sell because not many like ground floor units.
Many don't like ground floor units because if people upstairs throw things like cigarette buds, soiled diapers and flower pots down, guess where they land. :scared: And then, there are the insect and garbage chute smell problems. :sick: Not to mention passers-by can just peek or even climb in etc etc. :faint:
If the ground floor patio is uncovered, for me to sit there and slip coffee, I would be very worried that a flower could drop on to me.
Recently, I saw 1-2 developments where the pool are uncovered and directly exposed to the units’ windows. Very vulnerable to high-level littering -
Used to think the same of ground floor units, but agent friend told me as long as the unit is in a development not more than 5 storeys high, and has a roof trellis over the patio, he has no problem selling it. The chute is not smelly if only 5 units are throwing stuff into it.
He has more trouble selling duplex penthouses with only 2 bedrooms… those are not popular. -
Valuations are up already.
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It is true that owners are raising their asking prices. After I sold my unit in a development, the asking prices increased from mid to high $800k. A recent caveat lodged indicated increase in psf.
Now, I hope to recover my “losses” from another unit that is likely to TOP third quarter this year. -
Cloud Cloud:
Could it be the increased in price was due to different floor i.e. higher floor.It is true that owners are raising their asking prices. After I sold my unit in a development, the asking prices increased from mid to high $800k. A recent caveat lodged indicated increase in psf.
Now, I hope to recover my “losses” from another unit that is likely to TOP third quarter this year. -
ngl2010:
Previously, asking prices for higher floor was mid $800s. Now increased to high $800s.
Could it be the increased in price was due to different floor i.e. higher floor.Cloud Cloud:
It is true that owners are raising their asking prices. After I sold my unit in a development, the asking prices increased from mid to high $800k. A recent caveat lodged indicated increase in psf.
Now, I hope to recover my “losses” from another unit that is likely to TOP third quarter this year. -
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After a Successful launch of a freehold development, http://www.condolaunchsg.com/properties/new-futura/ at Leonie Hill with prices at average $3,600 psf, CDL is slated to launch its mass market segment development in Tampines Avenue 10, http://www.condolaunchsg.com/properties/the-tapestry/. This development is a 99 years lease parcel which is expected to be launched at average $1,160 psf this March 2018.It will be exciting to watch this launch especially after the sellout of The Santorini and soon to sell out, The Alps Residences.
Comparatively, there will be another new launch in the West by MCL Land. This development is a smaller 275 units development nested in District 03, on Margaret Drive. http://www.condolaunchsg.com/properties/margaret-ville/ is in close proximity to town and the Business Central District. Launching this March 2018, prices are expected to be at an average oif $1,900 psf. As we move down towards the Singapore 2nd Business district will be http://www.condolaunchsg.com/properties/twin-view-west-coast-vale-condo/ by CSC which we could expect prices to be an average $1,200 psf.
With the recent high en-bloc prices, these GLS land sold previously are very attractive and exciting to watch before the launch of the en-bloc developments. Developers will be building more compact units to make units more attractively priced.
Which development do you think is a good buy? Should we buy or should we wait? -
I noticed that my investment unit caveat has not been lodged (almost 2 months already). On the day when I excercise the OTP, the conveyance lawyer said it is compulsory as it protects my interest as a buyer.
Wondering if there is any risk to me (without caveat lodged) as I have requested to extend the completion date to 16 weeks instead of the usual 10 weeks. -
lee_yl:
You better go find out whether your lawyer is sleeping.I noticed that my investment unit caveat has not been lodged (almost 2 months already). On the day when I excercise the OTP, the conveyance lawyer said it is compulsory as it protects my interest as a buyer.
Wondering if there is any risk to me (without caveat lodged) as I have requested to extend the completion date to 16 weeks instead of the usual 10 weeks.
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