Thursday 19 April 2018

Fengshui Mythology and Properties




Do you believe in Feng Shui? Many property owners purchased their home via hiring of geomancers. Some of the principles of Fengshui are actually based on common sense. Others border along the line of absurdity.

Mythology 1: Living next to above ground MRT or LRT is a strict "No No" under Fengshui.
Even though it is super noisy, values of properties next to MRT actually commands a huge premium. For example, Lakefront Residences and La Feista (LRT track running along side). One can't always have the cake and eat it all the time. Obviously, most Singaporeans and PRs placed a huge premium over public transport convenience.

Mythology 2: Poison arrows from corner of buildings pointing in one's direction is bad.
Wow, this means most blocks of public and private housing are not livable.

Mythology 3: Unit layout must be squarish to enjoy good Fengshui. Odd shape floorplan is very bad.
 Look at Clover by the Park in Bishan, the floorplan has odd shape (round) corners instead of the typical squarish/rectangular shape. So this is considered very bad? But owners who had purchased at 750 psf at launch before its TOP in 2012 would now be sitting on at least 50% capital appreciation. Huat Ar! Also, the layout that resembles clover is simply beautiful. 

Sunday 8 April 2018

Rivercove Residences review- One and only EC launch expected in 2018

Rivercove Residences by Hoi Hup is the ONE and only EC launch in 2018. This project is a hot one with expected 100% sell out upon its launch on 14 April 2018. Indicated PSF is attractively priced at S$900++ which is absolutely value for money relative to the private condo Parc Botannia in the vicinity where its average selling price is more than S$1200psf. 




The huge crowd at the showflat site for viewing over the last 2 weekends have been incredible. Traffic jam up at the road along Sengkang West Avenue leading into the showflat carpark. 

It is worthwhile to mention that City Development had recently won another EC site at Sumang Walk in Punggol area at a record wining bid of S$583 per square foot plot ratio which translates to an expected selling price of S$1,000psf and above in the future. In contrast, Hoi Hup got the Rivercove site at only S$355 psf ppr. 

Will Hoi Hup repeat its amazing feat of selling out 100% of all units in Hundred Palms EC @ Hougang in less than 7 hours? With the sky high selling price of future EC and Rivercove being the one and only EC launch in 2018, this EC project will be selling like McDonald Hotcakes! 

High Park Residences- 8th April 2018 Construction Progress Updates










Zyanya Review- City Fringe Freehold Condo At Geylang Food Haven And Near MRT Station With Incredulous Price Of S$1,700psf.

  While I was on my way to lunch in the Geylang area, I walked past the Zyanya showflat located in a shophouse and thus decided to drop in f...