QUOTE(nemoexcel @ Jun 2 2014, 04:49 PM)
U r the 1st person I see using number of rooms as statistics... . I stay in 3 rooms... My parents stay in 3 rooms too.. I've got a few friends 1 person to 3 rooms too.
You vista/city are high density serviced apartments.
Landed are for different category of dwellers.. flats?? Geezzz... I rest my case..
it might not be correct to use rooms to demonstrate how much supplies are the in the market.. lets just use the projects.. the list of projects and units available... that would do better logic.. since i do acknowledge due to the need to privacy, there are in fact rooms left unused, untenanted, unrent and etc...
please bear in mind that Green Teraine condo there, it is now post 6 months post vp... occupancy according to agents as of May2014 just mere 30 occupants out of 200 units..
guess what, the initial Vp price was 560k to 580k, by now it would have been 580k to 600k minimum, however, there are transaction transacted around 490k and 535k.. this signifies market are not healthy for rental game.. neverthelss, own stays should not pose any problem..
another factor that may aggravate the said areas was the traffic lights i am sure you notice, if Imperial residence, green terraine and green residence and those landed behind, on working hours/peak.. traffic is definitely going to crazy.. and it will stretch all the way along loke yew..
my 2 cents