My brutally honest Cuscaden Reserve Review
My first CCR condo new launch review!
Cuscaden Reserve is a 192 units condo developed by SC Global
TOP 2023
I will be sharing my views for all the questions that you have in mind like:
Is Cuscaden Reserve 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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Пікірлер: 167
🔥 Upcoming property webinar "Revealing my TOP 5 areas in OCR with huge profits” 🎬 Register now! 📌 bit.ly/savvyrich3
@gary8song
3 ай бұрын
😢
thanks for the video bro! very educational!
@savvyericchiew
4 ай бұрын
🙌🏼🙌🏼
make sense, buy with exit in mind is very impt.
@savvyericchiew
4 ай бұрын
🙌🏼🙌🏼
In order for Govt to Sell Marina bay GLS with Good psf, Also the new BTOs of Southern waterfront There will be relaxation, just waiting when and what and how much
Super enjoy eric’s videos sia!!
@savvyericchiew
2 ай бұрын
🥳🥳
hi Eric can I hv your advise, if can only buy resale cdo or Ec & only hv the budget at 1.6m & prefer to buy at East area ...may I know where & which development is good to buy. We see The Trilliant at Tampines is this EC still good to buy? is there still potential for capital appreciation?
@savvyericchiew
3 ай бұрын
There might be better ones. For recommendations, do consider 1-1 program. My team will send you 1-1 info here bit.ly/savvywa
One agent sold this project to his buyer and put on FB. Usually the other agents congratulate him, not others.
@savvyericchiew
3 күн бұрын
😂
Given The Poor and poorer performance of CCR projects I guess GOVT will soon come up with some relaxation, May be they allow EPs buy for lesser ABSD than current 60% May be 25%! Or allowing Only CCR areas 10% Absd Or reduce absd overall for 30% for Foreigners
@wwc7134
4 ай бұрын
Dont buy based on HOPE.
Thank you
@savvyericchiew
4 ай бұрын
😎😎
Sifu, we follow your KZread so know ccr is bad but wow haven’t 3 years already lost 1Mn is really bad 😢. Thanks to your 1:1, we bought treasure and Penrose. Both looking great!
@savvyericchiew
3 ай бұрын
Happy to see you Huat Huat! 🥳🥳
Hi Eric, where to buy the huat kueh soft toys? Very cute leh
@savvyericchiew
4 ай бұрын
My friend gave me one 😆
Well explained
@savvyericchiew
3 ай бұрын
🙏🏼🙏🏼
funny like HeLL.... u are amazing.!!!!
@savvyericchiew
3 ай бұрын
🤣🤣
just wanted to say thank you
@savvyericchiew
3 ай бұрын
Xie Xie!
They are the heroes
@savvyericchiew
4 ай бұрын
Let’s all hope they make money in 3 years!
Hi Eric you mean bigger development will have lower PSF instead right? Cause in the video you mention the other way round
@savvyericchiew
3 ай бұрын
I will explain in Hillshore review 👍
Eric I like your video!
@savvyericchiew
2 ай бұрын
Thank you! 🙏🏼🙏🏼
your thought of casablanca at woodland ti buy or sell?
@savvyericchiew
3 ай бұрын
Sell
If any of my friends or relatives who have ccr ptys near orchard and bought within last 15 years.. I will I no longer ask how they doing..but I will share your videos to them..I tell em 100% entertainment
@savvyericchiew
3 ай бұрын
Lol 😂
superb analysis. And as usual very siow funny. Clutching my stomach. Eric, please sign up for French lessons so that you can pronounce RIVERIE soon soon smoothly 😝
@savvyericchiew
3 ай бұрын
You spelled wrongly also 😂😂
@hhspore
3 ай бұрын
@@savvyericchiew I must take more an mo spelling class lor................
@savvyericchiew
3 ай бұрын
@@hhspore I will take French class then 😆
Have a good trip! Why you don't cover resale? hope you can cover resale in future ❤
@savvyericchiew
3 ай бұрын
I try!
Hey Eric... this one gonna be live see bo?
@savvyericchiew
4 ай бұрын
Premiering at 8pm tonight!
Went to see the2 bedroom. General comments: 1. Kitchen is in the living room which was quite a shock to me. 2. Master bedroom is a does not have an actual wall but has a sliding wall to open and close. Agent mentioned that they are getting quotations to see how much to put a wall but I was quite shocked that at this price point we dont even get a proper wall. Definitely quite taken aback.
@savvyericchiew
4 ай бұрын
Not bad you still take the effort to see 😂
@gomugomu4489
3 ай бұрын
Sounds like the sails at marina bay. But in orchard.
Hi Eric, juz subscribe to add to ur channel algorithm, i dun invest in property anymore, tbh too old liao, u very funny, pls continue to make video to entertain us bo liao ppl,🤣🤣
@savvyericchiew
3 ай бұрын
Xie Xie! 😆
CCR good leh. But need to buy landed la.
@savvyericchiew
3 ай бұрын
Totally true!
I wonder how the maintenance fee will be charge since < 1/3 have tenants. It not bear by developer not only already loose value but pay until siao.
@savvyericchiew
3 ай бұрын
Only 1/3 of everything is working to reduce maintenance fees 😂😂
@bl1204
3 ай бұрын
@@savvyericchiew alamak, jiat lat 🤦♂️
@savvyericchiew
3 ай бұрын
@@bl1204 😂
My client only focus in OCR and RCR…..20 yrs made $2.2m
@savvyericchiew
3 ай бұрын
Power la! 🤩🤩
If you bought JB GCB, don’t ask Eric for opinion. He sure say it is very good! 😂
@savvyericchiew
4 ай бұрын
My number 1 for sure 🙌🏼🙌🏼
@1965Singaporean
3 ай бұрын
😂😂😂 U mean Johre Bahru? If JB is not GCB, is kampung house😅😅😅
@savvyericchiew
3 ай бұрын
@@1965Singaporean actually he is referring to my joke in this video. Enjoy! My Solution for CPF SA closure kzread.info/dash/bejne/YnuZo5pmg8KTlsY.html
how is casablanca in woodland???????????????????? can buy or sell?
@savvyericchiew
3 ай бұрын
😫😫😫
In my opinion, a prevalent concern among investors regarding the purchase of CCR properties stems from historical financial performance data, which suggests that these investments typically do not yield substantial returns. However, given the current trends in the property market, it raises a question of rationality if the price per square foot for RCR and OCR properties were to surpass that of CCR properties. Furthermore, should property developers adjust their strategies to focus on developing mass-market units akin to those in OCR and RCR, one might wonder if such a shift would alter investor sentiment towards CCR properties. Assuming all other factors remain constant, and considering the superior location of CCR properties, it is difficult to see why they would not be appealing to investors.
@savvyericchiew
3 ай бұрын
👍👍
Have you given a perfect score for any condominiums?
@savvyericchiew
4 ай бұрын
No
Can you cover more condos in the west?
@savvyericchiew
3 ай бұрын
Sure! 👍👍
good for everyone lor, those ppl who wants to buy this kind of condo is juz to show how atas or rich they all lo....
@savvyericchiew
4 ай бұрын
Super rich, small losses to them is nothing. But is everything to us 😭
@corellianjedi2483
4 ай бұрын
@@savvyericchiew atas condo bungalows normally wayang show to show how rich they are la, especially when those foreign investors like dyson buy a wayang penthouse to wayang la but it actually depreciate in price la..
@corellianjedi2483
4 ай бұрын
@savvyericchiew orchard properties actually expensive no value hor...
@savvyericchiew
4 ай бұрын
@@corellianjedi2483 only landed got value 👍
why all the developers bid so high in 2018 leh... more than 30% higher than previous 1 year price? did some boom happen in 2018?
@savvyericchiew
4 ай бұрын
It was going up before the cooling measure in July 2018
@lishr4536
3 ай бұрын
ahh that makes sense haha@@savvyericchiew
Nice
@savvyericchiew
4 ай бұрын
It’s a sad video 😭
@nicholasong3435
4 ай бұрын
I like the truth 😂
@nicholasong3435
4 ай бұрын
Learn from sad story more than happy story
@savvyericchiew
4 ай бұрын
@@nicholasong3435 😆😆
could this project lose money even with enbloc?
@savvyericchiew
4 ай бұрын
It’s bleeding already 😭
Treasure can still enter at 1600+ psf?
@savvyericchiew
4 ай бұрын
Depends on many other factors
@MrBluehorizonsugar
3 ай бұрын
Thanks Shifu. Pasir Ris 8 4 rm 1700+ psf, 2.6m. Can buy? My wife said quantum too high
@savvyericchiew
3 ай бұрын
@@MrBluehorizonsugar this price can also get city fringe 4br 😆
@MrBluehorizonsugar
3 ай бұрын
true!!! Thank you shifu@@savvyericchiew
I think SG property will be soften in 2026-2027 when RTS is ready, imagine JB to Orchard in 40mins, who would still rent in SG? Good Luck to all
@savvyericchiew
4 ай бұрын
😂😂
@coins_investmentsg
4 ай бұрын
By 2027, Lentor area will have a condo glut....but I will go and enjoy Lentor Mall, haha@@savvyericchiew
@savvyericchiew
3 ай бұрын
@@coins_investmentsg see you at the supermarket 🙌🏼
@coins_investmentsg
3 ай бұрын
But a lot of SG condo buyers are FOMO Fear of Missing Out...haha let them buy Lentor lah. For me, I bot a FH landed in Jan 2006 and now is sitting at 6x, never to sell@@choonhockong8215
@coins_investmentsg
3 ай бұрын
kzread.info/dash/bejne/aq1olK1tmdC_ftI.html@@choonhockong8215
Eric, you think developer will further drop the price?
@savvyericchiew
4 ай бұрын
Anything is possible 😢
I think buy JB property also can huat more than CCR new launch now. 😅 Not to mention HK just removed all their cooling measures, things starting to run again.
@savvyericchiew
3 ай бұрын
😆😆
HAHAH you make my day 3m+,3m+,3m confirm cui cui😂
@savvyericchiew
4 ай бұрын
Very sad for them 🥵
Foreigner ABSD, basically govt policy killed the developer and pressed down CCR prices. Not many locals will buy such locations anyway.
@savvyericchiew
3 ай бұрын
True 👍
one day, when orchard psf is lower than lentor, tampines and other hot OCR areas, we'll see if the general public still wana avoid atas areas or not!
@savvyericchiew
3 ай бұрын
👍👍
Probably that HDB cai tao is a Toto Big Group 1 winner, then always dream of staying in Orchard, so just anyhow whack. Haha
@savvyericchiew
4 ай бұрын
Education is so important! 😆
Why buy CCR when got ample of opportunity in OCR and RCR..
@savvyericchiew
3 ай бұрын
Totally! 🙌🏼
SC laughing at the 40+ people who bought CR. He say heng ah got so many vegetable head 😂
@savvyericchiew
4 ай бұрын
Maybe got more buyers after this video 😂😂
@rpj341
4 ай бұрын
U mean they still wanna buy after this video?
@savvyericchiew
4 ай бұрын
@@rpj341 I hope they prove me wrong 🤣
Wah Eric you got so many rich viewers ah, got 1 even can buy this Cuscaden Reserve. But okay la at least he paid $2.86k psf not $3.86k psf.
@savvyericchiew
3 ай бұрын
You mean 🥕 viewers?
Demographics of these buyers pls?
@savvyericchiew
4 ай бұрын
Unfortunately don’t have the data but confirm they are too Huats 😂
buy for own stay ok what. just park money there. don't have to buy and sell quickly.
Landed transactions slowing down a lot
What's your top 3 launches?
@savvyericchiew
2 ай бұрын
2nd half of the year
When is the next video?
@savvyericchiew
3 ай бұрын
Thinking of content 😆
new launch buyer for this project really sad >.
@savvyericchiew
4 ай бұрын
Seriously I can’t take it ☠️
I wonder how these agents marketing Cuscaden Reserve say with straight faces urging their clients to "die die must buy"
@savvyericchiew
4 ай бұрын
sincerely wrong? 😂😂
think a lot of mega cai taos :)
@savvyericchiew
4 ай бұрын
Huge mega 🥕
buy Tampines condo have to quietly do it. friends will boo.... 😆
@savvyericchiew
3 ай бұрын
Tampines is a good estate 👍
See la, listen to agent tell u "don't worry bro, ALL Singapore property sure make one" 🤣. $3.5m even u buy freehold single storey landed also huat kuey....instead go and buy 2 bedder CCR leasehold.....
@savvyericchiew
3 ай бұрын
Totally true 💯
1/3 * 45 , 13 ppl below 35 have 3.5m WTF
@savvyericchiew
4 ай бұрын
Rich hor 😆
Wait for Re-Re-Re Launch at $2000 PSF
@savvyericchiew
4 ай бұрын
Puke heart and stomach 🤮
@jeremysng4214
4 ай бұрын
@savvyericchiew u must tell the Chap to forfeit OTP. He will thank you even though he lose some money. 长痛不如短痛
@savvyericchiew
4 ай бұрын
@@jeremysng4214 let them decide ba. I have done my best 👍
Buyers here doesn’t care about losing money. They got plenty….. 😂
@savvyericchiew
4 ай бұрын
True too! 😆
This kind of apartment is only for ppl who live in Bukit Timah area to treat it as their pied-a-terre. Not for heartland hoi polloi 🤣🤣🤣🤣
@savvyericchiew
3 ай бұрын
True! 🙌🏼🙌🏼
now i know why its called cuscaden reserve, so reserved until no one wants.
@savvyericchiew
3 ай бұрын
😂😂
3.77k psf to 2.8k psf in a few months... Even crypto also nvr crash so much sia 😂
@savvyericchiew
3 ай бұрын
I feel so sad for them 😭😭
forfeit their deposit lah to break contract
@savvyericchiew
3 ай бұрын
Maybe they want to prove me wrong 😂
Will get sued by developer anot? Imagine all the 40+ buyers all withdraw and forfeited OTP after watching the video...i will have added OUE twin peak into the case study.
@savvyericchiew
4 ай бұрын
Maybe they will have more buyers to prove me wrong 😂😂
Iron balls to be more precise!
@savvyericchiew
3 ай бұрын
🤣🤣
Treasures soon you will start Seeing unprofitable transactions especially 1 n two bedders Also Three bedrs who entered at later date Lets wait and watch (Those who bought around launch months Make money) Rest all Lose money one (U can recheck after few months, what i am saying will come to reality)😅 (Saying this after seeing Number of Listings available, and price disparity between asking)
@savvyericchiew
4 ай бұрын
Your comment is hilarious 😂
@propertiestelangana.realestate
4 ай бұрын
@@savvyericchiewLets wait Eric, i will come back again here once it happens. I know Why Developer paid 4% Comm for this project, and how many of my colleagues became TOP earning agents just by selling TAT😀.
@propertiestelangana.realestate
4 ай бұрын
@@savvyericchiew Bedroom 'rofit(PSF) Profit(Price) 2 Bedrooms +$228 +$155,000 3 Bedrooms +$434 +$448,000 2 Bedrooms +$341 +$231,000 2 Bedrooms +$159 +$94,000 2 Bedrooms +$123 +$73,000 3 Bedrooms +$484 +$500,000 2 Bedrooms +$303 +$176,000 (I just took this From PN app, as you can see 2bedrm Profit is Very little (those bought resale and sold during this time earned much higher profit than this 7xk, 90k etc)
@lishr4536
3 ай бұрын
Simi treasures?
😂😂the winners are the agent who sold them
@savvyericchiew
3 ай бұрын
😭😭😭
U can teach Real Estate Business @NUS Prof Eric!
@savvyericchiew
4 ай бұрын
I will if I have the opportunity 🙌🏼