EP36: Is THE ORIE too expensive? 1H2025? | New Launch Analysis

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 7

  • @shurakishi4707
    @shurakishi4707 4 дні тому +2

    I think the high entry price does not make Orie a good buy at all.
    Also do look at the location. While it is at Toa Payoh. It is at a noisy T junction.
    Sizes are on the smaller end. The configuration mix is 60 percent small units and 40 percent larger ones. I am not sure with such a mix will you command enough volume of sales should one decide to exit years later.
    You are correct about trellis towers, a freehold much older CDL project which is very space efficient. Trellis towers won a design award during that time as well.
    I am a potential Toa Payoh buyer too and yes I am actually looking at trellis towers. There is a reason why so few units are out for sale and it is mainly because it has good exclusivity and location and good layout

    • @pocketviewsg
      @pocketviewsg  4 дні тому +1

      Hi there!
      Yea it is nice at Trellis towers and I think it presents great value if you hit it at certain price range.
      However, the type of people buying Orie and Trellis are very different.
      As much as the value of trellis is evident, some others see value in newer properties.
      Like the lack of balcony could be an issue too.
      Everything is more “modern” and “brand new” so you will still have a group of ardent fans who values these factors beyond rationality since brick and mortar has always been rather an emotional decision beyond just numbers.
      I personally don’t like TPY at all. Hahaha.
      But still, I don’t and cannot speak for all.
      That’s why we just understand the key considerations and determine if there’s value in it or not.
      This key differences are also there along Tanjong Rhu road and Meyer road between the older and newer. 😭
      I hope you get a good trellis tower!
      And merry christmas!

    • @shurakishi4707
      @shurakishi4707 4 дні тому +1

      @ the balcony issue is a misperception as well. There is alot of hype about the balcony but in actuality most ppl don’t use it much or lounge there at all and at most it is a clothes hanging area.
      I lived in my parents place for 26 yrs at Serangoon gardens at we have 3 balconies at the semi-d.
      My neighbours also have balconies too and they NEVER ever use it.

    • @wszzz3391
      @wszzz3391 4 дні тому +1

      @@shurakishi4707I think it is better for you to buy HDB which can save you a lot. Because without balcony condo is quite similar with HDB.
      As what I know, balcony is a important factors for many buyers to purchase condo

    • @shurakishi4707
      @shurakishi4707 4 дні тому +1

      @@wszzz3391 really I think more of the space. Is not that i don’t need a balcony if i buy a condo. It’s less of a priority. Mother big balcony projects are also valued less because it eats into the space. So why would I focus so much on a balcony in a sale?

    • @pocketviewsg
      @pocketviewsg  4 дні тому

      Hey guys!
      That’s exactly what I’m talking about.
      There’s no right no wrong to it. It is all down to preferences.
      I don’t like toa payoh doesn’t mean everyone doesn’t.
      I like balcony doesn’t mean everyone likes it too.
      It all boils down to individual preferences which can be quite subjective.
      It is useful for people who likes it but a waste of space for people who don’t.
      For purpose of the ORIE discussion, the consumer buying in the end will likely be the more modern crowd who fancies the balcony and newer facilities over the older ones who prefers more internal space in trellis.
      There’s always a market for everyone. 🙌🏻