How much savings do you have?

Originally Posted by Wiseman1

You guys are really ignorant clowns, still wanna pretend to be smart to give advice. No one use total built-up area to calculate psf price when it comes to landed properties, you gonna use total land area to calculate!

You can have a small piece of land but still have high total built up area if the plot ratio is raised but what is the point? Obviously only when the land is bigger is it considered a good buy.

The total land area is only 1733sf, which means the psf is close to $900 based on price of $1.5m plus, which is not exactly cheap for a place like Jurong

Nowadays property agents are cunning when it comes to landed properties, they choose to quote psf prices based on total built up area instead of landed area to mask the true psf price which is much higher.....unscrupulous!!

why use derogatory terms? everyone's here just to share opinions.

everybody knows landed there are 2 psf to calculate- built-in and land.

the point is that comparing "Living Space" ie built-in for a landed house, the amount of actual space to live in is much higher for each dollar than a condo in the sky.

this is important if considering a couple who is planning for 2 children or more, or want to stay with parents. if this is the case landed is more value for money than a 1000 psf leasehold condo.

real wise men discuss, not argue like children.

Originally Posted by Unregistered

why use derogatory terms? everyone's here just to share opinions.

everybody knows landed there are 2 psf to calculate- built-in and land.

the point is that comparing "Living Space" ie built-in for a landed house, the amount of actual space to live in is much higher for each dollar than a condo in the sky.

this is important if considering a couple who is planning for 2 children or more, or want to stay with parents. if this is the case landed is more value for money than a 1000 psf leasehold condo.

real wise men discuss, not argue like children.

Looks like you are the true wise man. The guy is actually a sore loser. Hahaha.

Originally Posted by Unregistered

Good idea for you and parents to stay together. It will be a worthwhile move. You can sell when the terrace house hits $2.5m or higher. Demand for Westwood terraces is high. At $1.5m, it is definitely a buy if you can afford.

r u a property agent? If demand is high, why still got "5 units left" for "only 1.5m". Or is it you think everyone is singapore stupid, dunno a bargain when they see one.

Originally Posted by Unregistered

r u a property agent? If demand is high, why still got "5 units left" for "only 1.5m". Or is it you think everyone is singapore stupid, dunno a bargain when they see one.

also there is a big difference, stay in bishan, vs stay in woodlands or jurong.

Originally Posted by Unregistered

You are right. When the Hospitals in Jurong Gateway is ready, there will be many rich doctors working there. Also when the Jurong new CBD is ready, you will have many senior executives - CEOs, CFOs, EVPs, etc - working there. These rich executives earn millions every year, so they will want to live in big houses, with at least 3000 square feet in built up sizes. So, they will likely buy the terraces and semi-Ds in the Westwood or Corporation estates. $3m is no big deal for them as they earn million dollar annual salary packages. If you have the means, you can also buy these cheap $1.5m houses and keep and then can rent out to the foreign doctors and executives (foriegners cannot buy landed properties) at about $15k - $20k a month. This is a good long term investment.

wow! you really think people are donkey here.. if anyone earn millions a year they will stay in holland or orchard! who want to stay at westwood if earn millions a year. u go jurong point on a saturday evening and then see if u will stay at westwood if u r filthy rich.

There are many sore losers in this forum.

People here are just sharing information. It is up to them to make the decision. These sore losers think people here in the forum are stupid.

Property prices in the Jurong area are rising fast due to the Jurong Lake District development.

Just look at condo prices in the Centris, Caspian. The bigger units now selling at more than $1.4mil, and these are just 1200 square feet in area.

Also there is a new cluster housing development in Westwood Avenue called "The Woods". The cluster terraces there now going for more than $2.3mil and likely to go higher when they are ready, which is expected to be ready soon.

So those terraces there which is selling for $1.5m is a big bargain. Prices will climb to $1.8m - $2m and above when The Woods TOP.

Originally Posted by Unregistered

Property prices in the Jurong area are rising fast due to the Jurong Lake District development.

Just look at condo prices in the Centris, Caspian. The bigger units now selling at more than $1.4mil, and these are just 1200 square feet in area.

Also there is a new cluster housing development in Westwood Avenue called "The Woods". The cluster terraces there now going for more than $2.3mil and likely to go higher when they are ready, which is expected to be ready soon.

So those terraces there which is selling for $1.5m is a big bargain. Prices will climb to $1.8m - $2m and above when The Woods TOP.

Good point. Yes from my many years of property investing, the most important thing about property is location. While it is true that many investors shun Jurong in the past, the announcement that the Jurong Lake District will be transformed into the 2nd CBD changes everything.

So not surprising why prices in Jurong are rising fast, especially the landed properties in Westwood and Corporation estates.

Confirmed landed property prices in Westwood and Corporation are rising fast.

Originally Posted by Unregistered

Confirmed landed property prices in Westwood and Corporation are rising fast.

There are 4 units in Westwood selling at $1.5m, these will be sold within the next 2 months.

The next deal will close at $1.65m, then $1.75m, then $1.85m, then $2m and this go higher and higher in 2013.