Sky Habitat

[wt_know]

Re: Sky Habitat

at 32, he can afford $1.5M x 2 units (33rd and 35th floor)
20% down = $600K
is it still 5% (deposit cash) + 5% (cash) + 10% (cash or cpf) ?
not to mention, how much is his yearly income in order to get loan approval

I'm willing to bet that these buyers are mostly not investment bankers, private bankers or anyone with shrewd financial mind. Why? Because the smart ones will say that the risks just don't add up to net the gains. This is beyond calculated risk. This is called punting or one directional view. The bankers, oh well, they might be deemed stupid in financial fiasco because they bleed money. But it wasn't their money which they bled. When come to their own money, they will never try to lose them.

Those entering into the property markets now are flippers, opportunists and cow-herders following the crowd.

 

[Morganlee3377]

Re: Sky Habitat

at 32, he can afford $1.5M x 2 units (33rd and 35th floor)
20% down = $600K
is it still 5% (deposit cash) + 5% (cash) + 10% (cash or cpf) ?
not to mention, how much is his yearly income in order to get loan approval

1st unit is 20% downpayment. After 2nd property downpayment is 40%.
Total down is $900k.

First 5% is cash the rest is cpf or cash. This guy is very loaded.
Haven't plus stamp duty yet. More than $1M together

 

[iScoupe]

Re: Sky Habitat

Was at Boon Keng to see another 99 year-old project. $1200-1300 psf.

Good thing is it's very near to Eng Soon.

at 32, he can afford $1.5M x 2 units (33rd and 35th floor)
20% down = $600K
is it still 5% (deposit cash) + 5% (cash) + 10% (cash or cpf) ?
not to mention, how much is his yearly income in order to get loan approval

dun play play , now younger generation easily inherit millions of insurance if their parents bo tin tin anyhow buy anyhow insured or have established business or property brought during crisis.

nowadays lightning risk damn high in Singapore, low floor all sold?

 

[dash]

Re: Sky Habitat

is the property agent chio?

 

[Mockngbrd]

Re: Sky Habitat

ai buy mai?

 

[zorro]

Re: Sky Habitat

As the name suggest..You buying at sky price and nothing can defy gravity...the higher it climb the harder it fall.

 

[danchia]

Re: Sky Habitat

I wonder this week will sell how many more @ Sky Habitat.

D9/10/11 will play catch-up with this crazy launch?

Ardmore is really for the rich elite. I would not even dream of it... :/

 

[Oilman]

Re: Sky Habitat

The ST article
... attracted to the design and location, despite the pricing... "There's huge potential" ... he had "not 1 per cent of regret"... "'The prices are steep, yes, but" ... confident that the value will be higher...

reminds me of this quote: "Be fearful when others are greedy and be greedy only when others are fearful." :laughlik:

 

[danchia]

Re: Sky Habitat

The ST article
... attracted to the design and location, despite the pricing... "There's huge potential" ... he had "not 1 per cent of regret"... "'The prices are steep, yes, but" ... confident that the value will be higher...

reminds me of this quote: "Be fearful when others are greedy and be greedy only when others are fearful." :laughlik:

that is certainly a great quote.

the question then is whether has 'greedy' been reached. or is it really going to reach in 2015, or later.

 

[ktnpl]

Re: Sky Habitat

It is definitely not worth considering for own stay. The design is not appealing, units have poor layout and actual unit will have very small rooms. Other than MRT and road noise, the view will be fully blocked by two new residential developments. Moreover the finishes are substandard, only homogenous or ceremic tiles for living room. Bedrooms are either laminated floor or cheap parquet which are lower quality compared to those in HDB premium flats.

The adjacent site has already been put up for land sale.

 

[danchia]

Re: Sky Habitat

It is definitely not worth considering for own stay. The design is not appealing, units have poor layout and actual unit will have very small rooms. Other than MRT and road noise, the view will be fully blocked by two new residential developments. Moreover the finishes are substandard, only homogenous or ceremic tiles for living room. Bedrooms are either laminated floor or cheap parquet which are lower quality compared to those in HDB premium flats.

The adjacent site has already been put up for land sale.

imagine how much would the adjacent land go for if sky habitat shows that people are really willing to spend big.

2000 psf? :screwedu:

it is nearer to the mrt too, not that mrt is a reliable transport these days. :juggle:

 

[ktnpl]

Re: Sky Habitat

The site on land sales is about the same size as Sky Habitat with similar GPR of 4.9 (equally dense). The 3rd one which is nearest to MRT will be 3 times the size of Sky Habitat but plot ratio is unknown.

Land Parcel

Hopefully next two developers will be more thoughtful and provide double glazed windows and vibration dampers in the building design. Those staying near to MRT will know that the noise and vibrations are terrible.

In the absence of new measures, I think the price will skyrocket to $1800 psf by the time the 2nd site is launched to public. On the other hand, Sky Habitat's price will soften once the new developments are launched because the former's view will be totally blocked. Even the ITE in front of Sky Habitat will be torn down for high-rise developent in future, so Sky Habitat can be renamed Sky Hamburger. I wonder if the agents told the 180 buyers...

 

[XXX]

Re: Sky Habitat

Site haunted or not? I still remember the old myths about haunted bishan station and hdb flats haha

 

[ktnpl]

Re: Sky Habitat

No ghost but Bishan is very 旺 , condo's value appreciates by $100k per year.

 

[danchia]

Re: Sky Habitat

haha. remember the ghost stories of novena station too. now also super hot...

 

[Niva]

Re: Sky Habitat

just curious...how many here bought the Sky Habitat?

 

[ac323]

Re: Sky Habitat

just curious...how many here bought the Sky Habitat?

think C3PO bought a few units...............




















* say support friend
cheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeers

 

[danchia]

Re: Sky Habitat

in the market for a property but did not even consider stepping in...

 

[ktnpl]

Re: Sky Habitat

Nowadays no queue, you can find a parking space next to the showflat. Worth a visit to appreciate the unique design but not worth buying.

 

[wt_know]

Re: Sky Habitat

worth seeing not worth buying ...

Nowadays no queue, you can find a parking space next to the showflat. Worth a visit to appreciate the unique design but not worth buying.