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Thread: Livia, new condo at Pasir Ris

  1. #21

    Default Re: Livia, new condo at Pasir Ris

    The showflats were quite nicely done, nothing fanciful but lots of glass .... probably the units are quite small.

    Prices are as expected, around $700 (smallest units are the 2-room, 880 sf), not exactly cheap or a good buy but decent pricing based on current condition. In future, that area is going to be very congested!

    They will be claiming that the next phases they will increase the prices .... haha

    IMHO, for upgraders or enbloc millionaires , it's ok but dont think it is good to buy for investment.
    always the Light, .... always.

  2. #22
    Senior Member melvin's Avatar
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    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by Canonised View Post
    The showflats were quite nicely done, nothing fanciful but lots of glass .... probably the units are quite small.

    Prices are as expected, around $700 (smallest units are the 2-room, 880 sf), not exactly cheap or a good buy but decent pricing based on current condition. In future, that area is going to be very congested!

    They will be claiming that the next phases they will increase the prices .... haha

    IMHO, for upgraders or enbloc millionaires , it's ok but dont think it is good to buy for investment.
    So how many units have u bought?

  3. #23
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    Default Re: Livia, new condo at Pasir Ris

    I saw this a few days ago ( i mean the info) as someone i know is staff from CDL. I heard the price after "discount" is about 660/psf and it's 99 leasehold. Also understand that the units are quite small and comes with huge planters (counted as your space).

  4. #24

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by melvin View Post
    So how many units have u bought?
    Once bitten, damned shy la .....

    Quote Originally Posted by nemesis32 View Post
    Also understand that the units are quite small and comes with huge planters (counted as your space).
    aiya, the planters are like small veranda ... they put stones, granites and some plants. I think in the end most people will use that place to hang their washed clothings.
    Last edited by Canonised; 4th July 2008 at 03:11 PM.
    always the Light, .... always.

  5. #25
    Senior Member melvin's Avatar
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    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by Canonised View Post
    Once bitten, damned shy la .....



    aiya, the planters are like small veranda ... they put stones, granites and some plants. I think in the end most people will use that place to hang their washed clothings.
    No pain no gain!

    Planters they are space u paid for nothing... seriously they are waste of space unless u have green fingers but then if u really have green fingers dun think that place is big for u lor...LOL ... i suggeat got green finger one best to buy ground floor unit wif patio or buy landed la...dun waste time on this la...!

  6. #26

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by melvin View Post
    No pain no gain!

    Planters they are space u paid for nothing... seriously they are waste of space unless u have green fingers but then if u really have green fingers dun think that place is big for u lor...LOL ... i suggeat got green finger one best to buy ground floor unit wif patio or buy landed la...dun waste time on this la...!
    I think buy hdb better, can put all ur plants at the corridor free one....
    HX300/ EPL6/ EOS60D/ 17-55mmF2.8IS/ 100mmF2.8Macro/ 135mmF2L/ 70-200mmF4LIS/ 300mmF4LIS

  7. #27

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by HydroPoP View Post
    I think buy hdb better, can put all ur plants at the corridor free one....
    Yeah, this is the truth.

    Isn't it a well known fact that 99 year leasehold property has little value in an economic downturn? Maybe those in good locations near the city will command some interest, but not for those in the outlying areas. Even if you pay for a place that is near the city at half the size but double the price, you are more likely to get better rental rates or demand.

  8. #28

    Default Re: Livia, new condo at Pasir Ris

    Buying property is all about 3 things.
    1) Location
    2) Location and
    3) Still location

    Value depreciates when market is not good, but when property prices are on the rise, 99 year LH do not lose out to FH in terms of percentage capital gain, with many even surpassing FH properties.

    Many FH condos are not located at good lacations when compared with LH ones. There's a reason, the authorities are smart, they would not want these prime locations to be FH. Think Sentosa etc. If you check carefully the ones in district 21 Upper Bukit Timah, the condos there are mostly either 999 years or FH. In terms of rental yield, its not even as good as 99 year property.

    For tenancy, tenants want good location. If your condo is in a not so good location, it bottoms down to your tenancy rate. So with a good location, you get good rental. Just look at Kovan Melody, just right next to Kovan MRT, the rental yield is very good.

    So I don't see why 99yr old leasehold condos can lose out to FH ones.

    Most of the buyers who bought 99 year old condos know these reasons, so this is the very reason why 99 LH ones are selling well eg. Livia, Dakota, Clover, Kovan Residences. Yes, FH last forever, there is nothing I can say to change one mindset. But in terms of investment and stay, location, I would choose 99 year any time.
    Last edited by viper12345; 18th July 2008 at 03:11 PM.

  9. #29

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by viper12345 View Post
    Buying property is all about 3 things.
    1) Location
    2) Location and
    3) Still location.
    My experience is difference .....

    1) Luck
    2) Luck and
    3) More Luck
    always the Light, .... always.

  10. #30

    Default Re: Livia, new condo at Pasir Ris

    I am not in urgent need of a condo now, but the pricing of Livia and location is attractive to me. Should I buy or not to buy?

    Just wondering if the prices will drop down the road??
    HX300/ EPL6/ EOS60D/ 17-55mmF2.8IS/ 100mmF2.8Macro/ 135mmF2L/ 70-200mmF4LIS/ 300mmF4LIS

  11. #31
    Senior Member melvin's Avatar
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    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by HydroPoP View Post
    I am not in urgent need of a condo now, but the pricing of Livia and location is attractive to me. Should I buy or not to buy?

    Just wondering if the prices will drop down the road??
    During the launches most of the time 2nd phase launch the price will be higher n better location lor...

    $650psf tell u the truth u can find any new launch project at this kind of price lor... other developer also say they spoil market!

    NOone will be able to tell u whether the price will drop the road but even if it drop and if u got the holding power, then hold till the price goes up then sell lor... so up or down no difference la....as what goes up must come down, what goes down must come up so u decide la...

  12. #32

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by Canonised View Post
    My experience is difference .....

    1) Luck
    2) Luck and
    3) More Luck
    yup timing is so impt. with good timing, location does not matter....

  13. #33

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by HydroPoP View Post
    I am not in urgent need of a condo now, but the pricing of Livia and location is attractive to me. Should I buy or not to buy?

    Just wondering if the prices will drop down the road??
    For me, the pricing is totally bullsh1t at Livia. At $700, firstly you have a very big choice. Pay another $150, you probably can have one near Katong, town, etc...
    Like I said, if you can afford and not overloaned at $700, go ahead but IMO the developers will be laughing all the way to the banks.
    For me, at this current economy situation, I will consider only if the unit is at around $550 psf ... and will buy if it is below $500. But then, i only buy to invest.

    IMHO, I would consider Elias Green condo (85+ leasehold) at around <$500 if this is your first owner-occupied home (thinking more of lesser bank loan). Dont worry too much, buy low, sell low next time.
    Last edited by Canonised; 19th July 2008 at 09:52 AM.
    always the Light, .... always.

  14. #34

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by Canonised View Post
    For me, the pricing is totally bullsh1t at Livia. At $700, firstly you have a very big choice. Pay another $150, you probably can have one near Katong, town, etc...
    Like I said, if you can afford and not overloaned at $700, go ahead but IMO the developers will be laughing all the way to the banks.
    For me, at this current economy situation, I will consider only if the unit is at around $550 psf ... and will buy if it is below $500. But then, i only buy to invest.

    IMHO, I would consider Elias Green condo (85+ leasehold) at around <$500 if this is your first owner-occupied home (thinking more of lesser bank loan). Dont worry too much, buy low, sell low next time.
    Ok , not buying liao, unless they come and beg me to buy.
    HX300/ EPL6/ EOS60D/ 17-55mmF2.8IS/ 100mmF2.8Macro/ 135mmF2L/ 70-200mmF4LIS/ 300mmF4LIS

  15. #35

    Default Re: Livia, new condo at Pasir Ris

    Quote Originally Posted by nemesis32 View Post
    I saw this a few days ago ( i mean the info) as someone i know is staff from CDL. I heard the price after "discount" is about 660/psf and it's 99 leasehold. Also understand that the units are quite small and comes with huge planters (counted as your space).
    Was there just, u r right.. thgt they were 'balconies' but turned out to be planters. If u r hoping for walk-in wardrobe space, u'll be solely disappointed as I was.. Units are small, esp the kitchen; hall & dining area can be bigger..

    All 2 rooms snapped out already. Fyi.

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