The Interlace
- Thread starter pengful
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gr8golf88
Well-Known Member
Re: The Interlace
I bought a 3-br (abt 1700 sqft) at the Interlace before CNY last year -- around $1K psf. If the price is around $1.1K psf now, on paper, I earn $170K liao. I am betting, by the time it's TOP, the price will be around $1,200-1,300 psf. There will be a shuttle service to Vivo City. If you own a car, it's a 5-8 min drive to Vivo City. MTL. Kekeke...
I bought a 3-br (abt 1700 sqft) at the Interlace before CNY last year -- around $1K psf. If the price is around $1.1K psf now, on paper, I earn $170K liao. I am betting, by the time it's TOP, the price will be around $1,200-1,300 psf. There will be a shuttle service to Vivo City. If you own a car, it's a 5-8 min drive to Vivo City. MTL. Kekeke...
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Re: The Interlace
Dleedon is far frm interlace & different district also cant compare.
With 1,040 units, OK for own stay, difficult for resale/rental IMO as many units. Its better to rent a unit there to stay than to own one. Imagine 300-400 units put for sale/rent at the same time...
I feel its abit over-designed.
pengful;696296 said:
Dleedon is far frm interlace & different district also cant compare.
With 1,040 units, OK for own stay, difficult for resale/rental IMO as many units. Its better to rent a unit there to stay than to own one. Imagine 300-400 units put for sale/rent at the same time...
I feel its abit over-designed.
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gr8golf88
Well-Known Member
Re: The Interlace
IMHO, the Interlace and the Reflections will never be priced at the same level. The Reflections will always be selling at the premium due to the reasons stated above. At the moment, based on $1100 and $1700 psf, the premium is more than 50%. So, a 1000 sqft unit will be priced at $1.1 mil vs. $1.7 mil respectively. Rental is probably looking at $4,000 vs $6,000 respectively. At these 2 different price points, they will attract different kind of buyers or renters. What I am hoping is: one day the premium will be less than 50% given the close proximity of the 2 projects.
Yes, there will be a lot of competitions within the Interlace given the large number of units. It will take some time to fill them up with buyers or renters. Again, I am hoping that if the project is a success, once the whole projects are filled up, it won't be that bad to get potential buyers or renters.
Just my 2 cents.
golfgti;696395 said:
IMHO, the Interlace and the Reflections will never be priced at the same level. The Reflections will always be selling at the premium due to the reasons stated above. At the moment, based on $1100 and $1700 psf, the premium is more than 50%. So, a 1000 sqft unit will be priced at $1.1 mil vs. $1.7 mil respectively. Rental is probably looking at $4,000 vs $6,000 respectively. At these 2 different price points, they will attract different kind of buyers or renters. What I am hoping is: one day the premium will be less than 50% given the close proximity of the 2 projects.
Yes, there will be a lot of competitions within the Interlace given the large number of units. It will take some time to fill them up with buyers or renters. Again, I am hoping that if the project is a success, once the whole projects are filled up, it won't be that bad to get potential buyers or renters.
Just my 2 cents.
Re: The Interlace
Price premium between reflection and interlace is more than 50%. A 3 bedder in interlace can fetch $5.5k rental and reflection has to get at least $8k. The market has limited tenant paying $8k and above for a size of 1450sqft.
As for own stay, unless you are filthy rich otherwise the opportunity cost of a $2.6m home is pretty high. Assuming a investment return of 7%, I can get 180k per annum!
I would think that the market has ample buyers for unit at $1.6-$2m range.
Price premium between reflection and interlace is more than 50%. A 3 bedder in interlace can fetch $5.5k rental and reflection has to get at least $8k. The market has limited tenant paying $8k and above for a size of 1450sqft.
As for own stay, unless you are filthy rich otherwise the opportunity cost of a $2.6m home is pretty high. Assuming a investment return of 7%, I can get 180k per annum!
I would think that the market has ample buyers for unit at $1.6-$2m range.
pengful
Well-Known Member
Re: The Interlace
The million dollar question is how likely is The Interlace going to catch up to Carribean and Reflections? Ok, maybe not at the same level but how close? For a 3 bedder, 1,593 sqft mid-floor at The Interlace, the price I got today is a cool $1.88 mil.
I really like The Interlace but reality is starting to bite. I think The Interlace will make money for owners in the long run. All you need to do is hold on to it for 3 years based on current regulations and penalty. For own stay, I may be better off paying $1.3-1.5 mil for a 3 yr old freehold 3 bedder in D12. How many will agree with me?
The million dollar question is how likely is The Interlace going to catch up to Carribean and Reflections? Ok, maybe not at the same level but how close? For a 3 bedder, 1,593 sqft mid-floor at The Interlace, the price I got today is a cool $1.88 mil.
I really like The Interlace but reality is starting to bite. I think The Interlace will make money for owners in the long run. All you need to do is hold on to it for 3 years based on current regulations and penalty. For own stay, I may be better off paying $1.3-1.5 mil for a 3 yr old freehold 3 bedder in D12. How many will agree with me?
Re: The Interlace
compared to all other asset classes such as junk bonds & high yield stocks, SG property is still much safer & alot less volatile. Wat asset can u get 7%pa with the same risk as SG prop? Aussie time deposits got FX risk, junk bonds is just as risky. There is a reason why SG resi is giving 2.5-3.5% return because of the relative safety & inflation hedge. Bonds underperform during high inflation, REITs get killed during bear mkts. Id still buy SG prop vs others. Cant say the same for MY prop etc.
Dumb;696461 said:
compared to all other asset classes such as junk bonds & high yield stocks, SG property is still much safer & alot less volatile. Wat asset can u get 7%pa with the same risk as SG prop? Aussie time deposits got FX risk, junk bonds is just as risky. There is a reason why SG resi is giving 2.5-3.5% return because of the relative safety & inflation hedge. Bonds underperform during high inflation, REITs get killed during bear mkts. Id still buy SG prop vs others. Cant say the same for MY prop etc.
The Guardian
Well-Known Member
Re: The Interlace
The Rochester interest you?
The Rochester interest you?
The Guardian
Well-Known Member
Re: The Interlace
Many lobangs. You can drop by and there will be agents to service you.
I'm not an agent but have a unit there to rent or sell.
Many lobangs. You can drop by and there will be agents to service you.
I'm not an agent but have a unit there to rent or sell.
