Thank you!
Appreciate the valuable *insider* info.
But, for now all i know is should they not sub divide the huge commercial lot as per the master plan, there are only 68 units of DS shop lots.
They have another small single story low cost shop lot at the back / adjacent to the huge land.

Semi-D signing SPA in mid-end November.
They begin the process in mid-Nov upon completion of SPA signing for DSL buyers.
But, 1st week of Nov definitely out cuz long weekend is brewing. Maybe the following weekend they can get the SPA signing kicked off.

It is not that i am not confident. What i am implying is that one needs to understand that he/she needs huge holding power for seh/cg/eg. If u have more than 5 years holding power then ok. If u have sold ur old houses and need to replace for new ones then ok. Or buying for own stay then ok. To hold just like that for all 3 projects may not be easy coz we will be expecting lousy rental, potential huge flipping at the same time (oversupply). Now itself u can see some starting to question back their decision on seh coz they realized that they cant hold that long. Just my 2 cents.

This post has been edited by AMINT: Oct 22 2013, 10:59 AM

I personally have some reservations on the shoplot units, coz there are too many nearby. I presume it will be very competitive to strive for rental on the first 5 years, since there are plenty of "chearper competitors" nearby. Nevertheless, loaded buyers should be okay to hold it and reap the huge profits after the township boom.

Agree with you bro Amint. 2014-16 will be critical due to huge supplies will flood the sub sale market during the booming launch between 2010-2013. Don't forget the policy changes such as QE tapering, abolish of DIBS, interest rate normalization, supplies more than demand etc are on the table. Pray hard the gen Y who get involve in this game has the holding power for the next 3 years to come. For own stay or long term investor, any time is good time to buy.

Understood sifoo.
Yeah, actually if short term flippers, this location is not an ideal place to invest - rental is certainly lousy, below par; subsale market will be flooded with old residential around the vicinity due to the boom - everyone will be trying to get a share of the cake causing oversupply. But, yeah, should it be for own stay or like you, replacing reserves, then will be a worthy buy due to great potential in the long term.

Dsl shld be from early November onwards

No prob! Will try my best to dig

Yes bro sam. That's why I said, though there are matured commercials nearby, bear in mind that the commercial lots are only open for sale in 2015 at the earliest. By then, DIBS will be abolished, we may even experience price correction, economic downfall, interest rate regularisation. Alot of external factors will influence this launch and am sure SPS will keep this in their assumptions list prior to projecting the launch or their future cash flow.

Additionally, they would not be launching shop lots for a ghost town; my take is, perhaps only after at least 50% of occupancy in SEH, the commercials may be opened and this will allow the shop lots to be self sustaining despite the surrounding cheaper competitors. Having said that, I am looking at this either for rental income / own business so, may keep this in my list of purchase for 2015.

TF Capital and Amint - seasoned players, seen ups and downs of the market having great insights to the outlook of the prop market in 2014-2016. Taking into account the external economic factors, short term players will be in for a tough ride in the coming years; lets all hope things turn out smoothly. Nevertheless, one man's poison is another man's food, keep sufficient reserve to make extra ROI during these testing times when it comes as opportunity will open up.

This is a very very active thread!!!
Hi, future Monlis 1 owner here. Submitted doc for 6 banks on loan application and so far OCBC respond. Semi-flexi BLR -2.4% no MRTA... lock-in will depend whether go for islamic or conventional... they also got MLTA (GE) offer range from add up 130+ to 270+ per month installment. Still request to appeal for better rate

Yeah bro darween. I am interested in SEH/CG/EG. If one says that he/she doesnt see any potential iin them, i think they dont see the bigger picture. short term flipper maybe susah coz need huge holding power. but long term, i am confident.

Congrats mate! Welcome on board.
V2 will have list of purchasers and their unit.
I bought Merrum B1.

Totally agree with u. To be honest, I am starting to be worried of my high rise. I stopped buying high rise last year.

This post has been edited by AMINT: Oct 22 2013, 12:23 PM

Thanks bro... hopefully ecohill is a very good n healthy neighbourhood community as i bought it for own stay.

Yo rusty! Welcome on board, my future neighbour!

This post has been edited by cheryee: Oct 22 2013, 12:15 PM

Ya ya, looking forward to tat!!!
Read the previous post n find out u r very famous here ... Great to have famous neighbour around hehe

Same here.
Own stay...so far, from what I have gathered for the high end Cluster SD and SD are for own stay and the buyers are nice ppl. I.e.: Cher Yee, First Lady of SEH.

yea...but i think highrise will impact most...but township development...no

Township may not be affected so much. Yeah, thats why i berani on landed in township or nearby township.