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NEWest

Posted: Mon Aug 26, 2013 3:21 pm
by Hiaweh
What is your opinion of triplex above a shopping mall? This new dev. is going for less than $1000psf and it's land tenure is about 960+ yrs. It's like a 4-storey townhouse with a 'basement' as carpark, smallest built up area is 2400+ sqft. only thing it's built above a shopping mall.

Going price for 2400+ sqft is 2.4+mil. Would you pay for this type of housing or rather go for a condo within the same price range?

Re: NEWest

Posted: Wed Aug 28, 2013 6:54 pm
by THC
Hiaweh wrote:What is your opinion of triplex above a shopping mall? This new dev. is going for less than $1000psf and it's land tenure is about 960+ yrs. It's like a 4-storey townhouse with a 'basement' as carpark, smallest built up area is 2400+ sqft. only thing it's built above a shopping mall.

Going price for 2400+ sqft is 2.4+mil. Would you pay for this type of housing or rather go for a condo within the same price range?

I went to view the project.
Total area divide by number of floors = one floor less than 600sqft
And need to minus space for lift and staircase, u r left with very small area per floor.

Image how to squeeze 2 or 3 room in such small space!!!!

Re: NEWest

Posted: Thu Aug 29, 2013 9:46 am
by Coolkidsrock2
Read in Lianhe Wanbao that the developer cut the price to about $2.2mio. About 12 units or so left.

Re: NEWest

Posted: Thu Aug 29, 2013 10:26 am
by Hiaweh
Not sure why they cut prices. Forgot to ask the agent. The land is as good as freehold.

Re: NEWest

Posted: Thu Aug 29, 2013 6:50 pm
by THC
Coolkidsrock2 wrote:Read in Lianhe Wanbao that the developer cut the price to about $2.2mio. About 12 units or so left.
Ref townhouse, I believe more than 50% unsold.
They probably want to cross min threshold, wait for a few more months, maybe more discount.

Re: NEWest

Posted: Thu Oct 31, 2013 6:34 pm
by LedellLiza55
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Re: NEWest

Posted: Thu Jan 23, 2014 5:58 pm
by LedellLiza55
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