(25-02-2014, 10:47 PM)pianist Wrote: [ -> ]but rivertrees by fraser far eastern and that riverwoods by uol, 1000psf is supported by the upcoming mall, seletar aerospace hub and the new sengkang mega hospital..
if these 99 yo leasehold private condo is dropping below 1000psf, it will makes half of those committed to buy the total units there look like a clown or carrot head?
In property, how does one price quality (such as amenities, tpt etc)?
(25-02-2014, 10:51 PM)opmi Wrote: [ -> ] (25-02-2014, 10:47 PM)pianist Wrote: [ -> ]but rivertrees by fraser far eastern and that riverwoods by uol, 1000psf is supported by the upcoming mall, seletar aerospace hub and the new sengkang mega hospital..
if these 99 yo leasehold private condo is dropping below 1000psf, it will makes half of those committed to buy the total units there look like a clown or carrot head?
In property, how does one price quality (such as amenities, tpt etc)?
uncle opmi, yr reply quite deep to understand..care to elaborate more..i'm all ears..
(25-02-2014, 10:47 PM)pianist Wrote: [ -> ]but rivertrees by fraser far eastern and that riverwoods by uol, 1000psf is supported by the upcoming mall, seletar aerospace hub and the new sengkang mega hospital..
if these 99 yo leasehold private condo is dropping below 1000psf, it will makes half of those committed to buy the total units there look like a clown or carrot head?
At the end of the day, it's still location that counts.
Would u buy a condo at tuas for 1000 psf if there is a hospital there, a mall there? Or even sea view? There are lots of industries there too.
Hospitals are a norm around Singapore these days. Mall? It's popping up everywhere.
Whether it will drop to below 1000psf within these few years, time will tell.
(25-02-2014, 10:57 PM)pianist Wrote: [ -> ] (25-02-2014, 10:51 PM)opmi Wrote: [ -> ] (25-02-2014, 10:47 PM)pianist Wrote: [ -> ]but rivertrees by fraser far eastern and that riverwoods by uol, 1000psf is supported by the upcoming mall, seletar aerospace hub and the new sengkang mega hospital..
if these 99 yo leasehold private condo is dropping below 1000psf, it will makes half of those committed to buy the total units there look like a clown or carrot head?
In property, how does one price quality (such as amenities, tpt etc)?
uncle opmi, yr reply quite deep to understand..care to elaborate more..i'm all ears..
I am asking a general question. How does property qualities translate into pricing?
Sorry Opmi, I am not a valuer but this is my thinking process:
Interior:
1. Quality of workmanship
I recalled a condo build by Far East with marble flooring that's not well layed many years ago. If I am a buyer, no way I am buying the unit.
Good materials plus workmanship is key to "make to last."
2. Comfort, layout and space
A quality home has a particular feel that make you relax and wanted to decorate with your gifts brought around the world(holidays). This would be something I value a lot (as compare to a house that you don't have any feeling or feel not right).
3. Corner unit or no Share walls with another unit.
I love corner units because it's quieter. Hopefully, do not share wall with neighbor too.
4. I like to stay at high floor. So, I value the elevators quite a lot. You can imagine your frustration waiting for the lift?(like waiting for buses
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