5:00 lake life and sol acres are ec so not apple to apple. Even if you buy north gaia today sure huat also. Basically there is zero ec that don't huat.
You're right, it is not an apple-to-apple comparison. However, in the eyes of upgraders and interested buyers, they only care about the affordable quantum/entry price that appeals to them. Whether it was an EX-EC or private property, it was not much of a deal to them because both had identical facilities and attributes of a condo. Take a look at Riverfront Residences and Treasure at Tampines, for example, both are located far away from the MRT station and still manage to be very profitable with zero loss. All I wanted to convey is that if the entry price is sufficiently appealing, people are willing to compromise on being a bit further from the MRT.
Like this condensed informative video! How will you comment for Northwave resale buy? Being not in most convenient location but generous liveable spacious space for exiting to most families. Do you think Championway will effectively support the district PSF growth soon?
Thanks for the kind words! I'm assuming you are eyeing the 3-bedders around $1.3m at Northwave EC. 1. Putting the MRT factor aside, I think this is a great option for family-upgraders because of its decent layout + big space at digestible quantum. 2. Northwave EC just hit its 5-yr MOP, as of June 2024, there were only 9 units of 3bedder exchanged hand; though volume is low we are expected to see more transactions happening. 3. Even though the first-owner bought at around $7xxk - $8xxk and you are entering at $1.3m, I believe there is still plenty of room for price growth. 4. In my opinion, Championway is expected to launch at around $20xx - $22xxpsf, this could likely divert some buyers with a limited budget to find "cheaper alternatives", stimulating the district PSF growth in the resale condo segment. (However, it's gonna take some time to see the spillover effect) I'm more than happy to work with your family in this upgrading case, feel free to contact me at wa.me/6583399403
What a wholesome analysis! 👍 Northwave seems to be sitting in the category of 'quietly on high performance potential' being low profile but with great value. Given the lowest possible entry price in decent location (red line to CBD, not geylang), spacious for HDB upgraders and dwellers, upcoming NSC, RTS, TEL, direct city bus for greater connectivity forward.
@@dreamlify8 My man! I gotta give credit to your awesome foresight! The public perception seems to be "brainwashed" if a project isn't near an MRT station, it's not good. This is why hidden gems like Northwave often go unnoticed by many people. But on the flip side, it is an opportunity for buyers like us. 😎
In my opinion, the resale price point is definitely attractive for buyers who are looking for long-term own-stay. E.g $1.6m can get you a big resale 3 bedder for family of 3 - 5 pax.
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If you wish to book a VVIP slot for SORA preview or other new launch projects, contact me at wa.me/6583399403!
5:00 lake life and sol acres are ec so not apple to apple. Even if you buy north gaia today sure huat also. Basically there is zero ec that don't huat.
You're right, it is not an apple-to-apple comparison.
However, in the eyes of upgraders and interested buyers, they only care about the affordable quantum/entry price that appeals to them. Whether it was an EX-EC or private property, it was not much of a deal to them because both had identical facilities and attributes of a condo.
Take a look at Riverfront Residences and Treasure at Tampines, for example, both are located far away from the MRT station and still manage to be very profitable with zero loss.
All I wanted to convey is that if the entry price is sufficiently appealing, people are willing to compromise on being a bit further from the MRT.
Good insights!
Thanks for the kind words!
Like this condensed informative video!
How will you comment for Northwave resale buy? Being not in most convenient location but generous liveable spacious space for exiting to most families.
Do you think Championway will effectively support the district PSF growth soon?
Thanks for the kind words!
I'm assuming you are eyeing the 3-bedders around $1.3m at Northwave EC.
1. Putting the MRT factor aside, I think this is a great option for family-upgraders because of its decent layout + big space at digestible quantum.
2. Northwave EC just hit its 5-yr MOP, as of June 2024, there were only 9 units of 3bedder exchanged hand; though volume is low we are expected to see more transactions happening.
3. Even though the first-owner bought at around $7xxk - $8xxk and you are entering at $1.3m, I believe there is still plenty of room for price growth.
4. In my opinion, Championway is expected to launch at around $20xx - $22xxpsf, this could likely divert some buyers with a limited budget to find "cheaper alternatives", stimulating the district PSF growth in the resale condo segment. (However, it's gonna take some time to see the spillover effect)
I'm more than happy to work with your family in this upgrading case, feel free to contact me at wa.me/6583399403
What a wholesome analysis! 👍
Northwave seems to be sitting in the category of 'quietly on high performance potential' being low profile but with great value.
Given the lowest possible entry price in decent location (red line to CBD, not geylang), spacious for HDB upgraders and dwellers, upcoming NSC, RTS, TEL, direct city bus for greater connectivity forward.
@@dreamlify8 My man! I gotta give credit to your awesome foresight!
The public perception seems to be "brainwashed" if a project isn't near an MRT station, it's not good.
This is why hidden gems like Northwave often go unnoticed by many people.
But on the flip side, it is an opportunity for buyers like us. 😎
C.
Condo look nice but don’t know the price will be equally nice or not 😅
Is resale condo nearby better then?
In my opinion, the resale price point is definitely attractive for buyers who are looking for long-term own-stay.
E.g $1.6m can get you a big resale 3 bedder for family of 3 - 5 pax.