My Truthful Tembusu Grand Review | New Launch Condo | Singapore Property | Eric Chiew Review
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- Äas pĆidĂĄn 21. 08. 2024
- Tembusu Grand condo new launch with 638 units near upcoming Tanjong Katong.MRT station opening in 2024.
I will be sharing my views for all the questions that you have in mind like:
Is Tembusu Grand 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!
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đ„ Upcoming property webinar "What are the TOP 3 new launch in 2023!" đ„ł
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Eric, only 54% sold on launch day. Seems market is moving down?
@@wilsonl2319 I guess so. Maybe stress test is hurting đ„Č. Or Iâm too positive đ
@@savvyericchiew Eric ah.. seems like the resistance is coming
@@HuahKueh itâs possible đ«Ł
@@savvyericchiew today, TG still selling 3-4bedders at 2023 launch pricing?
So is it still favourable to buy?
Under rated CZcams channel, even if not buying property you have been very educational and good entertainment!
You are so sweet!! đđŒđđŒ
hmm feels like a biased video. but thanks for the effort nonetheless
my honest opinions, which you may disagree with:
1. layouts are quite inefficient - long walk-in doorways in some of the layouts and inefficient placement of the study area in the smaller units.
2. there is definitely no seaview (not even pocket) - relatives and i have lived in amber condos and they already block each other out in terms of seaview
3. comparison with Cote D Azur is farfetched. what about seaside residences? its more practical to compare with this devl. its newer, leasehold and D15.
4. honestly this developemt's pricing is at best FAIR, definitely not cheap nor a great price to deserve a score of 8.
5. exit wise, also risky...surrounding area are largely FREEHOLD - a very important consideration and risk to consider when buying into an area
Good points too! đ
Yr 75% was supposed to be correct cos the other buyers now want to consider The Continuum since developer had released earlier the indicative prices.
Continuum developer smart to release price 1 day before launch day or Tembusu
Hi Eric, the other Tembusu plot was sold at 1,069 psf, significantly lesser than what was paid for Tembusu Grand (and only 2 bids)! Perhaps reflecting a cautious market outlook even for developers. Even with the high interest rate environment today (and you compare this year and last year), do you think you'll be a bigger huat kueh waiting for this next Tembusu project to launch? Thanks for your videos btw, clear, logical and informative.
I did an update for Tembusu 2nd plot. czcams.com/video/hvcdIXQ7kSM/video.html
Grand Tembusu has very very good finishings. Porelain kitchen top and reflation wardrobe.
Tembusu Grand 3 BR $2.3k PSF still can buy?
Prediction was off. Haha looking forward to hear your post review
Super off this time đ
The Shore sits on Freehold land. When the lease expires, teh land goes back to the developer. You think who will want to buy when the property there goes closer to run-out? And who dare to en-bloc and top-up? :)
Ooo interesting! đ
They will have to sell it back to Far East organisation
Very good effort n interesting , love it â€
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Hi Eric, single male looking to buy my first property in Sg ideally freehold condo ready to go or in early 2024. Can you give me a few suggests on condos you think not overpriced yet ?
Never enter freehold as first property đ
I think Tembusu Grand has been deemed to be out of 1km radius of Kong Hwa Primary. Jialat
Yes very unfortunate
HI Eric, love your videos. Very good insights! We are a couple 32m and 30f looking to buy our first property, we are both singapore PR. Our income for both is 6k a month. looking to purchase our first home in november 2024. What kind of property would you advise to buy.
Go apply SC either one of you. This way donât need to incur ABSD
Location wise not comparable to cote da zur. Cote is just beside Parkway parade and future MRT plus sea view
I love Cote too! đ€đ€
Agree. Cote is definitely a much better location.
Hi Eric - my wife and I (29F and 33M) have been following your channel for a while and very excited to have gotten a 2 bedder here at ~2350psf but we donât know how to exit now. Initially we wanted to do sub-sale and upgrade but after getting this, weâre thinking of just using for own stay and take advantage of the 3 good schools nearby so we donât know if we should (1) keep this 2 bedder, buy 1 bedder or 3 bedder elsewhere or sell and get a 3 bedder later on assuming a 10 year horizon
Good start 2b2b fully sold đ
Work on the 2nd property if not aim for 3br later đ
Whoa good price, what was your queue number?
@@MrGDebonair I guess less than 250
Hi Eric, 2BR high flr unblocked view 1.7m. can huat in 3-4yrs?
@@weichiang9500 if bough already Huat ah!
Thanks alot Eric! There are a few 2B+S left at Tembusu which im thinking of buying 1.9m (743 sqm). Should i enter?
Investment or stay?
@@savvyericchiewthinking of selling it off in 3-4 years time :)
@@guanweilim5374 for investment, you can try OCR 3b2b instead đ
Thanks Eric! I believe you are referring to resale right? Because i dont see any more affordable 3BR for new launch anymore :(@@savvyericchiew
@@guanweilim5374 I mean next year đ
Hi Eric, any post launch review? And what about contiuum launch?
Doing Blossoms first then Continuum đ stay tuned!
Thanks Eric!
Hi Eric, any thoughts on the latest Jln Tembusu GLS at 18% lower than TG and 21% lower than GD?
Upcoming up in my 2 parts video đ
Only 53% sold on the launch day. Not 70%....
I guess wrongly đ
@@savvyericchiew No worries. You ain't god...
@@boonliangkhoo1750 thatâs correct! đ
Tembusu grand not 1km to kong Hwa as per latest OneMap
It is within when this review was done. Thatâs weird đ«
If farm selling $2000psf.. unlikely this proj selling at 2400.. i think $2600psf for 2br and 1br & $2500psf for 3br
Letâs hope they sell at indicative psf đđŒ
agreed. will be too much of a steal otherwise
Hey, you mentioned a sol acres review / video coming soon?
Yes will find time to do soon!
Grand dunman looks better. Nearer to all the school and mrt.
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Thank you
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Hi Eric, just came back from overseas today, going to view tembusu grand tmr.... Im currently waiting for my HDB to MOP in Nov 2024, really hope to head back to D15 (Marine Parade) to live long term, love that area. Was initially thinking of the MP HDB but they are approaching or already hit 50 years old. So now condos are within my considerations as well... What options do you think I have?
You have no options until Nov 2024.
Start to save up as much as possible so that you have more options by then đ
lentor hills residence top choice for OCR in 2023?đ§
Will do a review soon đ
Hi Eric. looking for my first property purchase- what are your views on buying Tembusu grand 3Br + study for own family stay 10-15 years, then selling? Will it be profitable by then given the highe ntry price? Thank you :)
Almost all properties in SG makes money in 10-15 years. However I think there are better ones with your budget of almost $3mil đ
Aim 2 properties instead of 1 đ
Tembusu Grand is the major huatkuey of 2023⊠estimated 80% sold on day one imo.
Reserve Residence may be the better one if below 26xxpsf⊠letâs see.
Letâs see the take up rate on 8 April đ
No longer a huatkueh now with The Continuum pricing.. and unlikely to see superb sales now too.. The Continuum best buy 2023.
What about Dunman View? Any comments in comparison?
No info yet
New subscriber to your channel and looking forward to your post T.G launch review. Any plans to make one post launch review ?
I will add some TG comments into my next video when I do post review for Jden đ„
Has results of launch day been released yet?
Launch day on 8 April
hey wha tis the top one lah.. say lah
Dunman Grand will be better buy than tembusu!
đđ
Will there be any govt land sale or condo launch in Novena area anytime soon?
Not at the moment đ„Č
@@savvyericchiew I like that area and have been looking out for new launches there.. there is a big plot of land used to be the centre of infectious diseases, now vacated. In the URA master plan is under subject to detailed planning
@@andyfanyk thx for the info! đ
Hi Eric, I've been following a lot of your videos. Mostly are suitable for seasons condo. Can you make one for newbie for hdb upgraders that wish to go into condo late? I've missed a lot of chances.
Nothing is too late đ
Hi Mr Chiew, I got a decent queue number for tomorrow's unit selection but Grand Dunman looks more attractive, what are your thoughts?
I do love MRT but donât know the size and price yet
@@savvyericchiew Yeah, such is life haha. Hope they try to lowball CDL like The Continuum
@@MrGDebonair possible to be same price đ
Hi Mr Eric Chiew, what do you think of the 2Bed + study?
@@evaloh9035 for which project? đ
If u had to pick 1, would it be tembusu or reserve?
Isnât that obvious? đ
â@@savvyericchiew reserve?
@@user-fc8zy8sp7l letâs wait for my review đ
@@savvyericchiew curious too, when is the reserve review haha, tembusu is going to sell
@@xtaltoh today is Tembusu launch day. Reserve should be May đ
Did this project sold 75% ?
Not on launch day
Guess you are waiting for the launch of Reserve Residencesđ
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My eye got problem. The logo is a barcode is it?
My eyes also got problem đđ
Hmm... I feel that the school factor for Tembusu Grand versus Shore Residences/Cote D'Azur is not comparable as we are looking at KHS for Tembusu and Taonan for the latter two. Taonan is supposed to be more "branded" than KHS though both are hokkien hway kuan schools?
True too! đ
Agree, some Cote DâAzur units would have unobstructed sea views that would distort the psf prices. Be mindful that not the entire Shore residences block get you into Taonan.
Paiseh, what is hokkien hway kuan and is that supposed to be atas or smth?
@@Gabrieltamdesign I remembered only 2 blocks đ
@@rayt2324 Huat Kueh means huat, rich, prosper, prosperity, wealthy, lucky
Thanks for the review, Eric. May I know which stack would you think is better for the 2 bed no study 667 sq ft unit at Tembusu Grand? Thanks
Pray for good ballot number first
@@savvyericchiew if got good ballot number, then ask u for stack selection is it? đ
@@evaloh9035 jia you!
Heavily over-estimated take up rate ? đ
Ya man đ„Č
Hi Eric, why CDL project is good?
Quality and Price. And hopefully this time too đ
53% only nia not 70 or 75
đąđą
Unfortunately your predictions is totally wrong for grand tembusu. $1000 haha. Guess u got to make another video to counter your this claim.
đ„Č
Tembusu grand Huat kueh â€
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@@savvyericchiew hi bro , can I ask something? Why everyone say reserve residence is Huat kueh good buy now after 71% launch sales , no one say tembusu grand is good buy?
@@user-ns8pj3bp6u because RR sold below their indicative price đ
Does this makes rr a better value buy than tembusu? I got a friend got ballot 2bed 2bath dumbbell layout level 16 buy at 1.67m
@@user-ns8pj3bp6u depends on entry psf
where is farm?
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Ok we found out lol lol. Need to watch your past videos. đ€Ł
@@mualup đ€«đ€«đ€«đ
wa eric korkor jin hamsome!
Wahaha đ«Ł
Eric change car liao đđ»
My sister in lawâs car. I borrowed đ
your joke on "the farmz" is really funny. Cant help laughing out aloud !
You know the joke! đđ
technically the developers made more profit than 15% right since their cost is based on per plot and they can build many stories above it
Itâs based on per plot ratio means build up area đ
@@savvyericchiew oya
Still have The Continuum(FH) and Grand Dunman(LH) launching soon. Grand Dunman should be a much better choice!
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Very near to HDB for Grand Dunman
The Continuum is higher cos its freehold. Average $2600 psf
@@annieteo7169 FH premium is usually $300psf higher. I estimate at $2700psf onwards
@@savvyericchiew end up only $25xxpsf đź
At indicative price 35-40pct ba
35-40% chance you mean?
â@@savvyericchiew 35 to 40pct sales. A bit on the pessimistic side oh well.
@@kevinmyles456 you are closer to my estimates! Well done! đ
If they sell at just 2400psf it is super bargain. I don't think developer will be so kind. I say minimum 2500psf đ
Letâs hope! đđŒ
The Reserve Residences?
Maybe đ
Looks good but FEOâŠ..
Later Far East launch at 2600/psf, must hold 5-10 yr+ lol.
@@xander2890 agents I spoke with marketing Tembusu Grand say Reserve Residence likely from 25xxpsf and is coming soon..
Flfc
So cheap!
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I cannot help but stare at those white streaks on your forehead. May i know what happened?
I scratch. Eczema đą