Sky Vue next to Bishan MRT
- Thread starter XXX
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seanskye
Well-Known Member
ktnpl;1037004 said:
It's unavoidable since land is scarce and the only way we are headed is towards a larger population. Basic economics, demand will grow and prices will only keep going up. Just look at the crazy land tender prices and you know how expensive it is getting. As developers, there is nothing much that they can do but make homes more 'efficient' (this may not mean 'liveable'). Alternative is to build homes the same design as in the past and we see $3-5mio 3-bedders in outer areas like Yishun. Then the public will cry that homes are unaffordable, not as if that's not happening already.
Saw this in another forum, ignore the political innuendos but maybe we should consider giant bungalows in Johore for the same price... Lol
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XXX
Well-Known Member
Re: Sky Vue next to Bishan MRT
Sales for CapitaLand's Sky Vue condominium in Bishan got off to a rocking start with 410 of the 505 units released for sale on Saturday sold by 7pm.
Two-bedders, with an average price of $933,000 per unit, proved the most popular among buyers, said the property developer in a statement.
CapitaLand chief executive for residential properties, Mr Wong Heang Fine, said the firm was encouraged by the strong support from homebuyers and investors. "Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall," he said.
The average price for all the units sold on Saturday was $1,500 psf. One-bedroom units and two-bedroom suites went for average prices of $750,000 and $1.15 million respectively, while the average price of a three-bedroom unit was $1.58 million.
Straits Times
HomeBreaking NewsStory
Sales for Sky Vue condo in Bishan off to a flying start with more than 400 sold
Sales for CapitaLand's Sky Vue condominium in Bishan got off to a rocking start with 410 of the 505 units released for sale on Saturday sold by 7pm.
Two-bedders, with an average price of $933,000 per unit, proved the most popular among buyers, said the property developer in a statement.
CapitaLand chief executive for residential properties, Mr Wong Heang Fine, said the firm was encouraged by the strong support from homebuyers and investors. "Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall," he said.
The average price for all the units sold on Saturday was $1,500 psf. One-bedroom units and two-bedroom suites went for average prices of $750,000 and $1.15 million respectively, while the average price of a three-bedroom unit was $1.58 million.
Straits Times
HomeBreaking NewsStory
Sales for Sky Vue condo in Bishan off to a flying start with more than 400 sold
wobbles
Well-Known Member
Re: Sky Vue next to Bishan MRT
Congrats bro XXX for a good day at the cash till.
I just hope these buyers don't end up holding on to a property that is worth less than their mortgages, when crunch time comes calling.... 1500/sqft in the suburbs. Honestly, I never thought I'd live to see the day.
Congrats bro XXX for a good day at the cash till.
I just hope these buyers don't end up holding on to a property that is worth less than their mortgages, when crunch time comes calling.... 1500/sqft in the suburbs. Honestly, I never thought I'd live to see the day.
JuzMe
Well-Known Member
Re: Sky Vue next to Bishan MRT
Sure true. How long can this thing last. Look at average income in SG and once interest rate goes up or market start flooding with more TOP units, prices will definitely fall. A lot of stupid people will be forced to hold on to their devalued properties.......wobbles;1037749 said:
ktnpl
Well-Known Member
wt_know
Well-Known Member
Re: Sky Vue next to Bishan MRT
talk is cheap ... usa and euro is the KING in talking since subprime and euro debt crisis
although i recognize that property can't go up forever and interest rate can't be near 0 forever
these so called a-nal-list really cheap lor in talking ... how the next 6 months or 12 months future already cannot predict
2015 ... so choon 20% ... oh ya ... the word "could" is a big could and probably not would
talk is cheap ... usa and euro is the KING in talking since subprime and euro debt crisis
although i recognize that property can't go up forever and interest rate can't be near 0 forever
these so called a-nal-list really cheap lor in talking ... how the next 6 months or 12 months future already cannot predict
2015 ... so choon 20% ... oh ya ... the word "could" is a big could and probably not would
ktnpl;1037839 said:
seanskye
Well-Known Member
ktnpl;1037839 said:
Lao liao..!!! Maybe even earlier.
wt_know;1037840 said:
True. We will never know when or how much the correction will be. I personally thought 20% 2014 probable until the recent Fed announcement changed sentiments/delayed the inevitable. Nonetheless, we should never forget that there are a huge number of asset classes dependent on liquidity, not just resi. Caveat emptor.
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XXX
Well-Known Member
Re: Sky Vue next to Bishan MRT
Many buyers/sellers believe such reports like machiam they hear from God.
I feel that sometimes buying a house especially a house for own stay especially if you have very specific criteria cannot wait for price to drop, when one that suits you appear, have to grab liao cos you wont know if you will ever find one again. The more time you waste the less time you get to enjoy it. Its just like last time when I was searching for a 6cyc Manual E36, I grabbed it immediately when it appeared on sgcarmart, enjoyed it for 2 years before another was on sale.
Buying for investment, buying high doesnt mean you make less money than if you buy it low.
Most important is buy what you can afford, dont become a slave.
wobbles;1037857 said:
Many buyers/sellers believe such reports like machiam they hear from God.
I feel that sometimes buying a house especially a house for own stay especially if you have very specific criteria cannot wait for price to drop, when one that suits you appear, have to grab liao cos you wont know if you will ever find one again. The more time you waste the less time you get to enjoy it. Its just like last time when I was searching for a 6cyc Manual E36, I grabbed it immediately when it appeared on sgcarmart, enjoyed it for 2 years before another was on sale.
Buying for investment, buying high doesnt mean you make less money than if you buy it low.
Most important is buy what you can afford, dont become a slave.
