My up-front review of Reserve Residences | New Launch Condo | Singapore Property | Eric Chiew Review
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- čas přidán 7. 09. 2024
- The Reserve Residences condo new launch is a rare mixed development project with 732 units. It is linked to Beauty World MRT station and have 215,000sf of retail mall, F&B and office space.
I will be sharing my views for all the questions that you have in mind like:
Is The Reserve Residences condo a good buy or good bye?
Will you make money in 3 years if you invest in this project?
Is the launch price good or disgusting?
Is this condo good for own stay or investment?
Is the area oversupply?
Are there any good schools within 1km?
Any other properties to consider in this area?
Do you like this project? Yes or No? Why?
I would love to hear from you by commenting below!
☎️ Contact me for 1-1 program info bit.ly/savvywa
🔥 Upcoming property webinar "Check out my top resale and new launch!" 🥳
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🎬 Register now!
☎ Contact me for 1-1 program info bit.ly/savvywa
🔥 Upcoming property webinar "Check out my top resale and new launch!" 🥳
📌 bit.ly/savvyrich3
🎬 Register now!
What’s your take on The Myst?
@@28excellent wah this one power! 👍
@@savvyericchiew U mean really got good potential to appreciate in value?
@@28excellent 🤫🤫🤫
U really have the factor to attract ppl to ur videos. Full of useful info, yet damn funny & frank about the cons of the projects/floor layouts etc. Give u 100👍. U got me hooked. Always laughing
Support me if I do stand up comedy 😆
Thanks Eric for your review. I shared your video with my buyer. He had watched your video many times before the balloting.
Thank God. He has managed to secure 2BR & 2baths at $2,403 psf.
After seeing today 83% sold, he sent me the image of your favourite huat kueh !
Congrats to you and buyer! Huat ah! 🥳🥳
My unit at woodleigh residences is in front of the compressor, the ground floor is ok because of the wall blocking the compressors and also a lot of landscaping to block out the sound and beautify the area. A few levels up is where it is the most chwee because they are near and can see the exposed compressors.
Why the architect for such an expensive pty so sui pei and chwee
U haven’t experience the full impact because u haven’t live there Long enough. Wait til something happens in the mall and the air goes full blast. Woodleigh residences will be another rocket going to take off.
Wah Eric mentioned a very important point leh. The air fumes from the Malls. Watertown is one if u visit during peak hours, u sure die of fumes. During heavy cooking, the whole condo like a rocket going to fly off.
😆😆
HI Eric, will u recommend buying 8@Bukit Timah new launch to be Huat Kuey for investment purposes ?
See that your review of Reserve Residences is quite good & some friends tell me 8@BT should perform just as well as Reserve Residences.
However, 8@BT seems to be smaller scale + not mixed development, so thinking whether 8@BT is a good buy, especially bcos it is launching soon in Sep 2024. Thanks !
I will review soon
Hi Eric, is the TRR still good to buy Horizon stack 4 bedders? Around 2500psf
Wow you are rich!
Daintree 2 bedders profit $300k with annual 6-8% gain. Quite good for D21. Your no1 launch Grand dunman or pine hill already
😆
Hello Eric, your explanation was very meticulous, well done.
🙏🏼🙏🏼
Eric, what about comparing to Verdale ? that will TOP end of this year? Its a bit further away but price also more affordable.
First buyer will definitely profit since they bought in 2020. I don’t like small project so I wont recommend ppl to buy 😩
To stay should be okay
HAHAHAHAAHAHA your hair drying analogy 😂
Wahahah 🤣🤣
Most of the floor plans cannot make it sia, so weird and make the actual useable space smaller.
Thanks for the headsup
The floor plan very funny and weird shape. People don’t usually buy this kind of floor plan.
Totally agree! 💯
Unfortunately, there r a lot of FOMO RICH singaporeans who will jump in and buy anyways.. This may end up like Jardin....
Exactly, I also realised that! A lot of sharp corners, not square type of layout. Like Eric said "like chopper". There is another prominent development that has very weird layout and lose money like $$**t one, guess ? Starts with R.
Why you recommend to buy after TOP? Thought buying pre-TOP cheaper?
What I meant is good projects will continue to have upside even after TOP.
Hi Eric just started to follow your channel. I just received key Top Parc clematis facing Aye should I sale or renting out. Sale now estimated 27%? Appreciated in valued but just re-price to 2 years fixed but will occur penalty due to 2 lock in.
Congrats Huat kueh! What size you holding on to?
So now with the reserve launching at 2450psf average. Does this overtake your number 1 new launch of this year 😅
Yes Reserve definitely my top 3 this year! 🥳
eric please clarify one point at 15:55 of your video. you mentioned that Maplewoods will be 30 yrs old in 2028 when The reserve TOP. 10 yrs the difference, the price gap will be around $500. 30 years shouldnt it be $1500 instead of $500/600 that you mentioned. If the gap is $1500 wouldnt it mean that the current reserve pricing is good ?
Yes that’s what I meant 👍
Huat Kueh! Thank you Eric for another insightful sharing.
Xie Xie! 🙏🏼
your #1 is Grand Dunman.
🫣🫣
Eric, you are incorrect to claim 900ppr is cheap. FE got it under the condition that they must also build bus interchange on their cost. So the resulting PPR is much higher
Actually not true. The JAB’s GLS TCOT states “The successful tenderer shall enter into a Design & Build Agreement (“D&B Agreement”) agreement with LTA for the design and construction of the BI, in the form as set out in LTA Agreement. LTA will reimburse the successful tenderer all costs related to the design and construction for the BI, based on the cost apportionment formula stated in the aforesaid LTA’s “Technical Conditions Of Contract For The Design And Build Of The Integrated Bus Interchange And Associated Works At Jalan Anak Bukit” enclosed as Schedule 1 of Appendix G of the Conditions of Tender.”
@@jonathanlim811 I see! Thanks for the info. Is this publicly available ? Where can I find it
Wow I’m impressed! 🤩🤩
@@aicaic4030 Yup! Usually it can be found in URA Master Plan, under GLS. For current GLS and past GLS (not more than a few years), there is the option to view the tender documents.
@@jonathanlim811 Good reply. I don't think in Singapore , govt will ask private developer to build infra like BI etc one. That only happens in Malaysia, LOL!
Guess no.1 will be watten estate
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eric don't like fh project.
@eric what would be your advice to people who cant decide whether to invest in this property?
If can stomach price, means okay to buy?
It’s not just about price. One can buy a good price lousy project and lose immediately and regret never come for Eric’s program 😆
Haha I guessed correctly RR is not your no 1. So expensive and LH ! Maplewood is better! But there is really a lot of pent up demand here, as you said, not many large development in this area for 10 over years liao. All the new launch at your favourite farm area LOLs
It will be my top recommended project for beauty world 👍
Maplewood go inside and see, the condition of unit..no eyes see.
Hi Eric, do you think the floor matters (considering 2nd v 4th floor) and will it affect profit much?
Not really. It’s all about entry price 👍
Eric, why recommend to buy after TOP and not at launch?
What I meant is good projects is good even at resale 👍
@@savvyericchiew ahhhh! That’s nice to know! Thanks Eric!!
We both used to think same, now my mindset changed.
I watched half of your Video of you and sean one. I dont agree at all that OCR makes money always. Nooo Its not. Its the entry PRICE that matters. Now Ridiculous HIGH RESALE Hdb/Ec/Condo Prices in OCR.. this group will eventually lose money, like how people lost money who ever bought in 2011-2013. Safebet now is RCR, CCR OF OCR.
Dont go and Buy punggol or pasir ris woodlands paying high prices for just MOP projects. Sure lose money one 😂😂
I have My analysis to tell this.
Why he keeps on highlighting his top 3 launches but never reveal? Is it need to pay to know?
Secret 🤫
So what is your number 1 upcoming project? Can review j’den?
Sure! Do you know when is out?
Thank you
🙏🏼🙏🏼
Why never compare with Forett? Thank you
Too far from mrt
Dyson part was super funny😂😂😂
🤣🤣
Best bet is lentor hill
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Anyone want to buy the linq 1 bedroom opposite the reserve, freehold ? Connected to beauty world mrt. Only $1.2m let me know
😂😂
@@savvyericchiew Eric is there a way I can get attention to this sales ? Willing to be in contact
@@juna-um9gs why don’t get agent to sell for you?
Sometimes watch ur review laugh until stomach pain 😂
🤣🤣
confirm it's dunman
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yup should be this project already.
Enjoyable video 😆
👍👍
Eric ah, u so give face to far east and nvr really complain about the noise level by PIE.. unlike Bartley vue 😂😂😂
Because the units faces away from expressway unlike BV and many others faces directly 😩
@@savvyericchiew Eric ah, wishing you 5oon 5oon and Huat Huat for your programme tomorrow
@@HuahKueh thanks!’
ya lor! I was expecting a lot of PIE jokes, but sad sad, no PIE jokes in this video. ")
99 years WEF?
Should be 2021
I am waiting for my huat kuay to 蒸熟
😂😂
Yoz Eric huat kueh! Were you at Tanglin mall Cold Storage today around 650pm? Think I saw you with your wife
Yes yes! We were there! 👍👍
Number 1 - Grand Dunman?
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Do you play tennis? Curious why a tennis court is important to you?
Secret 🤫🤫
Im curious too. Does it add to the value or prestige of the project? I personally dont like projects with tennis courts, cos every sat and sun morning can hear the irritating sound of the ball not to mention its a waste of space and maintenance fees.
@@MJxxxx5 I thought it is easy to understand but since many ppl don’t know. I shall keep it a secret 😆😆
like golf, tennis is a 'rich man sport'' - if a development has 1, prob meant that the dev is trying to attract a certain crowd. this will have spillover effect when considering exit...
@@Jaycee.L answer is very simple. Anyway good guess!
WOAH WOAH... 71% LEH. both you and wife wrong lol. but wife is closer
😆
No.1 got to be Grand Dunman la
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48% will be sold.😊.
😂😂😂
So this is not the no1 project for 2023… no1 - Grand Dunman! Hold ur horses!!!
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@@savvyericchiewDepends on price of Grand Dunman also - if price doesn't make sense and Eric calls it number 1, few years later ppl will say he not accurate.
@@RodriguesUrsula-kc4dx ya entry price is very important
@@flameice85 Yes and need to make sure their "from 22XX" is not just for that level 2 unit facing the longkang!
@@RodriguesUrsula-kc4dx haha u very optimistic bro - $22xxpsf … guessing from $23xxpsf at best.
nearby hdb will benefit from the expense of the condo buyer😂😂😂😂
😂
Never take a look at Jardin....
Too many to compare liao 😆
Woodleigh is pronounced "woodly", not "wood-lay". If you meet any ang moh girl named "Ashleigh", please call her Ashley not Ash-lay! 😂
And then, Sino is pronounced "sai-no" not "see-no".
I always must watch your vids cos they are useful and also humourous, but sorry I buay tahan have to say lol 😅 please don't scold me until I die! 😝
Wahaha it’s fun to say 😆
Hungry for kueh
Very Singapore English mAh! I watch his video because of the Singlish 😂😂😂
@@1965Singaporean 😆😆
purposely mispronounce one la. Otherwise the video very dry, no fun.