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My family and I are looking to relocate to the west of Singapore for work reasons in a few years and came across listings for J Gateway which blew me away in the negative sense. There are owners looking to sell a 1163sqft unit for $1.8 million when buyers can purchase a bigger sized landed property (99yr or freehold) in that price range (can do a simple search in propertyguru for landed in the price range up to $2 million). It doesn't make sense for a 99yr leasehold condo in Jurong to be priced this way, so have these owners lost their mind?
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3 Answers

Hi,

If this is not a suitable project, would you like to consider Waterfront @ Faber? It is also near the Jurong Gateway growth region, yet in a private landed enclave, to TOP in 2018. Pricing is relatively more reasonable. Thanks and hope to discuss further on your housing plans.

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Ivan ERA
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Hi,

Owners are have probably stepped up their prices in anticipation of the high speed rail etc. It is eventually on the onus of the agent to negotiate to see how much lower are they willing to consider.

If you are considering the west, you might want to consider Trilliq near Clementi MRT OR Waterfront at Faber. Waterfront is currently having massive discounts and firesales with some 4BR units going at around $1.5m! Attributes are great and there is scope for appreciation. I am from the developer appointed sales team and will be able to provide more pricing and unit details if keen.

Let's catch up at 96659926  and allow me to walk you through this process seamlessly! Furthermore, no agent fees is involved, with the entire technicalities of the purchase resting on my shoulders to best protect and maximize your interest.

D Kumar
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Dear Rosie,

Considering that J Gateway is a recently sell out project, where their TOP is not expected anytime soon, the price being called for now is no way a true reflection of what it will fetch when it TOPs since sellers now will bear the brunt of significant seller stamp duty if there is any transaction, therefore all these have been built in. The reason for these units being put up for subsale could be plainly riding on the development of HSR for sellers to make a profit. If you have already determined that this project is priced wrong, we can explore other projects together since it will be seller to face this issue of units unable to sell for pricing wrongly.

What are you housing needs and plans? We can discuss further.

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Geryl LIM
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  • AB
    If HSR is really a big factor in pushing prices up irrationally, then in the same vein, shouldn't we be seeing million dollar HDB flats in the area as well, which is not the case in reality? I think J Gateway's pricing is just out of the market by a long shot.

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