SMDC Grace Residences Lily Turnover Updates

Posted 126 CommentsPosted in Condominium, Home Loans, Investments

We are not irate or complaining. Impatiently excited yes. A few days or weeks delay is bearable, since we’ve been waiting for 4 years now, but with the right amount of pressure, hopefully the wait until 31Jan2017 won’t be necessary.

Advertisements

SMDC Grace Residences Updates: Tower 1 Turnover and Site Pictures

Posted 4 CommentsPosted in Condominium, Investments, Personal Finance, Real Estate

The agent assigned onsite, named Gerald, was kind enough to give us a tour of the Orchid tower to see what it looks like, as well as some amenities so below are some more pictures. When asked if Tower 2 – Lily is within schedule of 4Q2016 turn-over, he said that it might be safe to expect it by Jan2017. Sigh.

SMDC Grace Residences: Updated Countdown to Turnover

Posted 6 CommentsPosted in Condominium, Investments, Personal Finance, Real Estate

This is just our own unofficial countdown. If you ask SMDC peeps, they are not yet willing to commit to a turnover date but based on our request of DP extension to SMDC (from Dec2015 to Dec2016 in lieu of delayed turnover, a request which they granted), it seems that Dec2016 / 4Q2016 is indeed a more plausible turn-over timetable.

Asset Price Bubble Imminent? Oversupply of Condominium Units?

Posted Leave a commentPosted in Bubbles, Condominium, Credit and Loans, Economics, Economics 101, Financial Literacy, Investments, Suggested Readings

Is demand still there for these units which will finish 2014, 2015 some even up to 2017? And is the property market heating up so fast with all these investment activities that anytime soon, price increases may just burst and do a free-fall?