Chitchat Property Market Continues To Chiong In 2021! The Sky's The Limit! Buy Normanton Park!

[laksaboy]

I miss the old Normanton Park. Had some very nice memories there.

 

[laksaboy]

Normanton Park is built by a questionable Chinese developer. Just google their past issues in Singapore.

Lifts from questionable Chinese manufacturers have been installed all over the island. I think the horse has already bolted.

 

[hbk75]

No winder CCS say sinkies are idiots,digging their graves,but this is the real world, all in actual case are full of loans n debts. All are Employees not working to pay off but all looking a for profit after a few years. Bubble burst comes all will go jump down from tall buildings

those that deferred their mortgages started paying yet?

 

[laksaboy]

No winder CCS say sinkies are idiots,digging their graves,but this is the real world, all in actual case are full of loans n debts. All are Employees not working to pay off but all looking a for profit after a few years. Bubble burst comes all will go jump down from tall buildings

I recommend Skyville @ Dawson.

 

[ilovechinesegal]

Foreigner workers will still keep coming to sg and work so properties will still rise. Plus, low tax and easy to access other rich investors would also pump money in sg properties.

 

[syed putra]

Only 1/3 sold. Despite so many visitors. Its a typical weekend where families with nowhere to go visit showroom before heading for lunch.

 

[shittypore]

Above 45 yrs no need these fancy Condo or HDB new improve living, go for basics, roof, convenient and cheap. Why worry abt mortgage, live and count your blessing is the way to go in these uncertain times.

 

[JohnTan]

The ship has sailed for cynics who think our local properties are overpriced! Early buyers get the advantage! Look at the bargains Normanton Park buyers received!

For 1 bedders:
- 1 unit entered $798k
- 54 units entered $836-899k
- 66 units entered $900-999k

Caveat up till 17 jan 2021:

562 out of 1862 sold.30.18%
Average psf: $17xxpsf
Priced from $798k.

 

[myfoot123]

I chiong there for free snacks and refreshments.

 

[pvtpublic]

The ship has sailed for cynics who think our local properties are overpriced! Early buyers get the advantage! Look at the bargains Normanton Park buyers received!

View attachment 102164

View attachment 102165

View attachment 102166

For 1 bedders:
- 1 unit entered $798k
- 54 units entered $836-899k
- 66 units entered $900-999k

Caveat up till 17 jan 2021:

562 out of 1862 sold.30.18%
Average psf: $17xxpsf
Priced from $798k.

developer will eventually panic and cut prices when they can't offload the other 1200+ units. screwing all of you early buyers over.

 

[JohnTan]

developer will eventually panic and cut prices when they can't offload the other 1200+ units. screwing all of you early buyers over.

That only happens for little boutique projects. For big condos, first buyers get in cheapest. After 30% of the units are sold, the developer will raise prices. The condo units are not released for sale en masse during the first few days of the project's launch. They are usually released in batches, with the prices of the later batches going up by around 5 - 15% with each price increase.

 

[Eisenhut]

Property agents, leeches and scums of society, adding zero value getting richer. Fk up society

 

[ilovechinesegal]

Sinkie is well known for skyrocketing properties price.

 

[Eisenhut]

Crash come when it's least expected. A rental seeking economy will not last

The ship has sailed for cynics who think our local properties are overpriced! Early buyers get the advantage! Look at the bargains Normanton Park buyers received!

View attachment 102164

View attachment 102165

View attachment 102166

For 1 bedders:
- 1 unit entered $798k
- 54 units entered $836-899k
- 66 units entered $900-999k

Caveat up till 17 jan 2021:

562 out of 1862 sold.30.18%
Average psf: $17xxpsf
Priced from $798k.

 

[JohnTan]

Crash come when it's least expected. A rental seeking economy will not last

Singapore's property market is unlike other countries. In our local context, the property market dipping by 5 - 10% is considered as a property crash.

 

[Eisenhut]

Singapore's property market is unlike other countries. In our local context, the property market dipping by 5 - 10% is considered as a property crash.

A rent seeking economy that feeds leeches and has zero value contributed to real productivity must, shall and will be destroyed eventually

 

[bushtucker]

That only happens for little boutique projects. For big condos, first buyers get in cheapest. After 30% of the units are sold, the developer will raise prices. The condo units are not released for sale en masse during the first few days of the project's launch. They are usually released in batches, with the prices of the later batches going up by around 5 - 15% with each price increase.

that could be one possibility. but the other possibility is developers offloading with discounts before TOP to avoid paying QC fees.

https://www.straitstimes.com/business/property/developers-burden-for-unsold-units-set-to-soar

 

[JohnTan]

A rent seeking economy that feeds leeches and has zero value contributed to real productivity must, shall and will be destroyed eventually

A rent seeking economy is only possible when there is high economic value output from a country that is politically stable and well governed. Lots of sinkies, including the middle class, can afford to own their own homes and even upgrade to ECs and private property thanks to PAP.

 

[pvtpublic]

That only happens for little boutique projects. For big condos, first buyers get in cheapest. After 30% of the units are sold, the developer will raise prices. The condo units are not released for sale en masse during the first few days of the project's launch. They are usually released in batches, with the prices of the later batches going up by around 5 - 15% with each price increase.

that only happens in a bull market.

 

[eatshitndie]

Only 1/3 sold. Despite so many visitors. Its a typical weekend where families with nowhere to go visit showroom before heading for lunch.

smell the restroom too, and pee all over.