Ehm...1.4mio for terrace.... A bit optimistic ??? Horizon terrace around 1mio...Avira launched their terrace btw 1.3-1.35mio at Medini recently and very poor take up rate.
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Puteri Harbour Community
- Thread starter Qube3
- Start date
Ehm...1.4mio for terrace.... A bit optimistic ??? Horizon terrace around 1mio...Avira launched their terrace btw 1.3-1.35mio at Medini recently and very poor take up rate.
yeah i know .. sound a bit ex.
but my opinion.. this one.. got people buy. is freehold and uem project @ PH. got a lot of ppl with money.
I am sure Singapore property market cheong as fast as Iskandar in the past 5 years as my profits in Singapore were around S$400K per house and in Iskandar it is about RM 1m for each house. So to me the capital appreciation is more or less the same.
Now with so much more supply flooding into Singapore and the Spore govt scare to lose, I am sure in the long term, Iskandar got the slight edge as its still pretty much empty land and undeveloped.
No way you can compare Medini and Puteri Harbour.
$1.4 mil can get very good cluster or semi-Ds elsewhere.
Although Medini is leasehold, u hv more incentives like no Rpgt , no foreigners restriction and etc... Don't forget it's being built by E &O with great concept.
a lot of empty land --> supply > demand.
U haven't seen how Reflection in SG caused a lot of buyers to bleed 5-6 figure losses in SGD per unit. These owners are bleeding more now after TDSR n ABSD kicked in.
i love reflections @ keppel bay.
I can't agree more. Even recent examples like Sky Habitat, D'Leedon & Panorama all with reduced launch prices up to 15-20% cheaper. If prices drop further, the banks will force sale. And they might suffer a double whammy if it is forced sale within the Additional Seller Stamp Duty Period.
Now many are still in self denial... Telling me if u hold long enough, you k ride through all kinds of volatility..
Well.. Not for some 99 years ones I have seen. Take Bishan for example, I know some Bishan condos are sold for as high as SGD1200psf in the 1996 peak. They have suffered the crash since then, for those who are able to hold it till today have yet to break even when Sky Habitat are launching at record SGD1600-1700psf. And sadly the window period is short, prices are reduced now by 15-20%. It is the same thing as what the initial buyers of Sky Habitat & Panorama are thinking.. Self denial & just hold long term lor.
They are not the worse.. Those whom buy 99 years from Far East's freehold projects.. And those whom buy SGD1k SPF prices for 60 yr projects..good luck.
Bad fengshui structure. Interlace too. :o
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Sometimes you ask yourself all these questions.
What is your investment strategy? Buy and hope price rise? Just follow the crowd? Sure profit and flip?
My thoughts are:
1. Buy the property as if this is your home and you are going to stay in it.
2. Buy as long as you can afford it with minimal pressure on your existing commitment.
3. Don't think you will make money instantly. Treat it as a unit trust account. It is long term investment. It is not a flipping tool.
4. Never never buy simply cos your neighbour bought. Even if it is a sure make money project, walk away if you can't get a choice unit.
5. Property investment is every man for himself. Everyone will tell you his is the best. Do your own analysis.
6. Last but not least, you must enjoy your investment. If it grief you so much eg stretching too thin or an implused buy, it is better not to buy.
My 2 cents worth...but everyone differs.
Sometimes you ask yourself all these questions.
What is your investment strategy? Buy and hope price rise? Just follow the crowd? Sure profit and flip?
My thoughts are:
1. Buy the property as if this is your home and you are going to stay in it.
2. Buy as long as you can afford it with minimal pressure on your existing commitment.
3. Don't think you will make money instantly. Treat it as a unit trust account. It is long term investment. It is not a flipping tool.
4. Never never buy simply cos your neighbour bought. Even if it is a sure make money project, walk away if you can't get a choice unit.
5. Property investment is every man for himself. Everyone will tell you his is the best. Do your own analysis.
6. Last but not least, you must enjoy your investment. If it grief you so much eg stretching too thin or an implused buy, it is better not to buy.
My 2 cents worth...but everyone differs.
Yr thoughts are same as my wifey. I luv u. Lolz.
Yr thoughts are same as my wifey. I luv u. Lolz.
Elo......what have you been smoking this morning?
Sometimes you ask yourself all these questions.
What is your investment strategy? Buy and hope price rise? Just follow the crowd? Sure profit and flip?
My thoughts are:
1. Buy the property as if this is your home and you are going to stay in it.
2. Buy as long as you can afford it with minimal pressure on your existing commitment.
3. Don't think you will make money instantly. Treat it as a unit trust account. It is long term investment. It is not a flipping tool.
4. Never never buy simply cos your neighbour bought. Even if it is a sure make money project, walk away if you can't get a choice unit.
5. Property investment is every man for himself. Everyone will tell you his is the best. Do your own analysis.
6. Last but not least, you must enjoy your investment. If it grief you so much eg stretching too thin or an implused buy, it is better not to buy.
My 2 cents worth...but everyone differs.
Iskandar property market is in a flux now. Not all water-front properties are safe. Don't buy too much air space when land space is still plenty in Johor. Buy with care, even for own stay.
Landed is great but landed with security gated and guarded is even more important.
You do not just buy the physical house structure. You buy good neighburs, good security and good environment.
well said! that's why sometimes, buy a slightly more expensive house in a more upmarket precinct is better. also, for own stay, buying subsale is not too bad an idea, since you can roughly gauge better who your neighbours are.
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