Not sure about the first mover advantage, it will be dusty and noisy for the next 15-20 years and you can only enjoy the area once most of the buildings are built. Also, the marina view gls plot has a new MRT there.
Hey Pete, thanks for sharing your insights, looks exciting. With so many condos side by side, will it be a case of over supply or too many competition?
Developer get land at good price doesnt mean will sell low. $2400psf is not realistic ; bear in mind this will be integrated project. Construction costs going up as well. 900sf 3br shld be 2800-2900 psf 640sf 2 br at 3000psf
I am interested in dividend paying REITS. Please advise on that. Thanks.
Not sure about the first mover advantage, it will be dusty and noisy for the next 15-20 years and you can only enjoy the area once most of the buildings are built. Also, the marina view gls plot has a new MRT there.
Price to pay for profits 😄 and the prime location
Have you thought abt rising interests rate for leveraged
yes!
Dont care abt int rates. If ur property is good and appreciating, whats interest rates? 😂
What’s the formula used to calculate median leverage returns and unleveraged returns?
the main difference is the capital invested
Hey Pete, thanks for sharing your insights, looks exciting. With so many condos side by side, will it be a case of over supply or too many competition?
I think CCR actually still under supply. Especially for larger size units. Once the URA master plan kicks in, it could be even higher demand
Ok cool… well seems like a dream to be able to stay there… hopefully my financial strength can be stronger soon. Haha
interesting. A lot of new information that is not disclosed by other property gurus.
My guess is the new launch price is going to be more than $2800 psf for the site sold last year..
Let’s see!!
Developer get land at good price doesnt mean will sell low. $2400psf is not realistic ; bear in mind this will be integrated project. Construction costs going up as well.
900sf 3br shld be 2800-2900 psf
640sf 2 br at 3000psf
If that happens, we will all be very happy! 😂
You need to include interest in your calculation.
yes it is included