Before making any purchase today, anyone's first instinct would be to turn to Google for online reviews, and condos are no exception. However, any review system is bound to have its flaws, along with a kernel of truth. When it comes to condos, things get iffy: sometimes a rude security guard, or even personal grievances with the landlord, can lead.
Are you really a Singaporean parent if you don’t get caught in the kiasu trap when it comes to enrolling your child into a top primary school? While it’s natural for every parent to want what’s best for their children, uprooting their entire lives for their child to attend a good primary school is definitely taking parenting to the next.
Did you know that globally, waterfront views are priced at a 40 per cent premium ? But apparently, because Singapore is an island, waterfront views here are priced at just a 7.7 per cent premium (all the better!). Bear in mind though, this was a study done by Knight Frank in 2018, so I’m not certain how much has changed.
Ultimate list of 75 mixed-use developments: Where to find them and prices asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
Notable issues:
Stellar RV saw some grumbling over pricing when it first launched. Consider the average price for new launches in District 10, back in May 2012:
The average for the district was $1,636 psf. Now look at Stellar RV’s pricing at the same time:
The median developer price was $2,039 psf. Granted, the small unit sizes meant a lower quantum (around $1.2 million) – but the diminishing shoebox trend, along with the notable price gap, already left some market watchers wondering if it had much room to appreciate. This led to a weak initial showing, with only 20 transactions on its launch weekend.
In addition, Stellar RV has only small units. The absolute largest units at Stellar RV are 936 sq.ft., with most units being between 506 to 517 sq. ft. It’s clear that this development is aimed at landlords, who are disinclined to buy in such a weak rental market.