Property - Near NYPS & RGPS

[teddy75]

Juanthedragon:

verykiasu2010:

Juan, can you elborate this? Does it means that pte housing price will goes down soon? We have been sourcing for one at BT but the price keep going up.. Hope to get one at Shelford....hope your magic words come true... wishful thinking

The property market will collaspe when an old guard passed on. I believe you can decipher for yourself.

juanthenaysayer :offtopic:

[VooVoo]

THC:

Property prices will not fall beyond previous low, even with passing of old guards. I believe it will only happen when macro-economics really falters (depression which causes huge # of expatriates leaving. With receession, it ain't happening - we witnessed this during yr 08 crisis. Below 1kpsf, probably Duchess Crest (99yrs) but can't recall whether within 1km of NYPS.

It is within 1km of nyps

[janet88]

The condos in Duchess are beautiful…love The Tresor.

[Juanthedragon]

vicki:

I think that would be at Upper Bukit Timah - aka Beauty World area?

Our reference here is D10 and D11 and within 1km to RGPS and NYPS which are balloting under P2C. Properties in D21 are generally lower in psf as you have quoted.

[Juanthedragon]

THC:

I was considering \"The Shelford\" when price was 1100psf, for 3 bedrm, will cost ard $1.7m then, now at least $2m. Need to wait for another 2 yrs (I believe) for prices to drop (but will not be lower than 1100psf). Owner will not sell unless prices is really attractive (rental income is not too bad either).

you don't have to wait, there are point loma, 28 shelford, 19 shelford, adam park condo, shelford green and duneran court within 1100psf for you to consider. All within 1km to elite schools.
those who bought resale units at The Shelford bought at a high, how to sell to you at a low. unless you are lucky to find the first owner of the 3 bedroom unit who bought before 2005 below and 800psf.

[verykiasu2010]

Juan, can you elborate this? Does it means that pte housing price will goes down soon? We have been sourcing for one at BT but the price keep going up.. Hope to get one at Shelford....hope your magic words come true...



The above quoted by many of you is NOT my comment

somebody just messed it up

[MMM]

$1100 psf is very reasonable.


Those in east coast and upper serangoon area which I am more familiar with are already that kind of range.

[Juanthedragon]

verykiasu2010:

Juan, can you elborate this? Does it means that pte housing price will goes down soon? We have been sourcing for one at BT but the price keep going up.. Hope to get one at Shelford....hope your magic words come true...

the slew of anti-speculation measures imposed by gahmen since last year in the bid to restore sanity into the property market may have caused a drastic drop in transactions, but the value of D10/11 home units will hold above 2007 high. buyers are mostly oblivious to the negative news e.g. sovereign debt crisis of greece and continue to rein in buying activities, hope and sentiments aside.

I am no property guru. I certainly can't predict, but i can see the signs (i.e. state interventions in the overheated market to sten any speculative fervour that may be intensified by the excitement of the 2 integrated resorts amdist a stimulus-fuelled recovery) that indicate a slow down or correction.

Like what i had said earlier, the market will crash when an old guard passed on. When will it happen is anyone's guess and arrive at your own conclusion.

[mathsparks]

Was at cascadia about a month ago. A 3 bedroom unit 1184sqft costs $1.68 mil ($1419 psf) and this is not even within 1km to both schools.

[verykiasu2010]

MMM:

$1100 psf is very reasonable.


Those in east coast and upper serangoon area which I am more familiar with are already that kind of range.

99-year leasehold condo in Ang Mo Kio already sold at $1200psf

do you expect to get anything in D10 & D11 around that price ? (excl HDB of course)