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My honest review of Altura Executive Condominium | Potential profits doesn't look good...

Rodney Tan 1.5K 18 24 Jul 2023

Video description from @rodneytan

In this video, I did a honest and objective about my thoughts on the Altura Executive Condominium launch. While there's a lot of hype about Bukit Batok not having an executive condominium for awhile, the area that this EC is launched is an extension of Bukit Batok it wasn't very long ago it was just a plain forested area so it's still a pretty new town. I am not too optimistic about this executive condominiums and in this video, I've made several points.

0:00:01 - Introduction
0:00:13 - Undersupply in Executive Condominiums
0:00:50 - Qingjian & Santarli group bidded breaking record land bid price but why?
0:01:43 - Past record land bids for Executive Condominium projects - True value of land vs scarcity of supply
0:03:10 - Analysis of the location of Altura EC
0:04:55 - Development traits of Altura EC
0:05:19 - Aerial View of Altura EC
0:06:50 - Unit types for Altura EC
0:07:02 - Is proximity to MRT really important for profits?
0:07:40 - Understanding Altura EC's proximity to MRT and location
0:08:45 - Comparing profitability of Executive Condominiums that are near MRT vs those that are far away
0:09:50 - Profits of Esparina Residences and Prive ( Near MRT)
0:10:27 - Profits of Austville Residences and The Canopy ( Further from MRT)
0:11:21 - Comparing profitability of Executive Condominiums that are big developments vs small developments
0:11:33 - List of Top 3 Biggest Executive Condominiums and Top 3 smallest Executive condominiums that has MOP
0:12:57 - Profits of Lush Acres, The Amore and Twin Fountains (small developments)
0:13:29 - Profits of Sol Acres, The Terrace and Topiary (big developments)
0:14:21 - What do I like about Altura EC
0:14:35 - Resale support from Le Quest
0:15:25 - Upcoming ECs if you decide not to buy Altura
0:16:30 - The upcoming EC that I feel will be a much better buy
0:18:00 - Verdict for Altura EC
0:20:42 - Starting prices for Altura EC


My Reno TV 1 16 Sep 2024
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