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!
🔥 Upcoming property webinar "Revealing my TOP 5 areas in OCR with huge profits”
🎬 Register now!
📌 bit.ly/savvyrich3

[@savvyericchiew]

🔥 Upcoming property webinar "Revealing my TOP 5 areas in OCR with huge profits” 🎬 Register now! 📌 bit.ly/savvyrich3

[@gary8song]

😢

[@planwithisaac]

make sense, buy with exit in mind is very impt.

[@savvyericchiew]

🙌🏼🙌🏼

[@propertiestelangana.realestate]

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]

Dont buy based on HOPE.

[@winniehuang3923]

Sifu, we follow your KZbin 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]

Happy to see you Huat Huat! 🥳🥳

[@CaLegend16]

thanks for the video bro! very educational!

[@savvyericchiew]

🙌🏼🙌🏼

[@Sheila-lq5hs]

Super enjoy eric’s videos sia!!

[@savvyericchiew]

🥳🥳

[@Juno-e2s]

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]

Not bad you still take the effort to see 😂

[@gomugomu4489]

Sounds like the sails at marina bay. But in orchard.

[@propertiestelangana.realestate]

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

[@jasminetan0506]

One agent sold this project to his buyer and put on FB. Usually the other agents congratulate him, not others.

[@savvyericchiew]

😂

[@P0leyPlays]

Hi Eric, where to buy the huat kueh soft toys? Very cute leh

[@savvyericchiew]

My friend gave me one 😆

[@padsak]

Hi Eric, following your youtube channel for a while. This weekend almost gave the iffer for cusacaden after hearing abt fire sale from my agent While OTW back home , watched your video on Cuscaden 😅 backed up our offer Agent still sending me abt so many units sold within a week Shall i get tempted to get 2+s unit with the current offer… so confused

[@savvyericchiew]

2 options Can watch my review another 10 times or try buying and prove me wrong 😎

[@rickrick6487]

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]

👍👍

[@77NigelCheng]

Well explained

[@savvyericchiew]

🙏🏼🙏🏼

[@chinchowpowpook]

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]

Lol 😂

[@SuRuiJi]

Hi Eric you mean bigger development will have lower PSF instead right? Cause in the video you mention the other way round

[@savvyericchiew]

I will explain in Hillshore review 👍

[@dlyc01]

just wanted to say thank you

[@savvyericchiew]

Xie Xie!

[@galaxymini3230]

Have a good trip! Why you don't cover resale? hope you can cover resale in future ❤

[@savvyericchiew]

I try!

[@coins_investmentsg]

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]

😂😂

[@coins_investmentsg]

By 2027, Lentor area will have a condo glut....but I will go and enjoy Lentor Mall, haha@@savvyericchiew

[@savvyericchiew]

@@coins_investmentsg see you at the supermarket 🙌🏼

[@coins_investmentsg]

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]

kzbin.info/www/bejne/bqqXY35qntKMhNE@@choonhockong8215

[@hhspore]

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]

You spelled wrongly also 😂😂

[@hhspore]

@@savvyericchiew I must take more an mo spelling class lor................

[@savvyericchiew]

@@hhspore I will take French class then 😆

[@rpj341]

If you bought JB GCB, don’t ask Eric for opinion. He sure say it is very good! 😂

[@savvyericchiew]

My number 1 for sure 🙌🏼🙌🏼

[@1965Singaporean]

😂😂😂 U mean Johre Bahru? If JB is not GCB, is kampung house😅😅😅

[@savvyericchiew]

@@1965Singaporean actually he is referring to my joke in this video. Enjoy! My Solution for CPF SA closure kzbin.info/www/bejne/ZnjIcmtjiMRgnMU

[@elsiesong7299]

Eric I like your video!

[@savvyericchiew]

Thank you! 🙏🏼🙏🏼

[@corellianjedi2483]

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]

Super rich, small losses to them is nothing. But is everything to us 😭

[@corellianjedi2483]

@@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]

@savvyericchiew orchard properties actually expensive no value hor...

[@savvyericchiew]

@@corellianjedi2483 only landed got value 👍

[@sandylim1965]

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]

There might be better ones. For recommendations, do consider 1-1 program. My team will send you 1-1 info here bit.ly/savvywa

[@jeremycheong8036]

Can you cover more condos in the west?

[@savvyericchiew]

Sure! 👍👍

[@yongmengtan8827]

Thank you

[@savvyericchiew]

😎😎

[@lishr4536]

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]

It was going up before the cooling measure in July 2018

[@lishr4536]

ahh that makes sense haha@@savvyericchiew

[@lynngor8]

My client only focus in OCR and RCR…..20 yrs made $2.2m

[@savvyericchiew]

Power la! 🤩🤩

[@prophunter8865]

Why buy CCR when got ample of opportunity in OCR and RCR..

[@savvyericchiew]

Totally! 🙌🏼

[@ycfrances3339]

They are the heroes

[@savvyericchiew]

Let’s all hope they make money in 3 years!

[@bl1204]

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]

Only 1/3 of everything is working to reduce maintenance fees 😂😂

[@bl1204]

@@savvyericchiew alamak, jiat lat 🤦‍♂️

[@savvyericchiew]

@@bl1204 😂

[@kichia-lk4ql]

Foreigner ABSD, basically govt policy killed the developer and pressed down CCR prices. Not many locals will buy such locations anyway.

[@savvyericchiew]

True 👍

[@lucianajasman7443]

What's your top 3 launches?

[@savvyericchiew]

2nd half of the year

[@chinminghao9192]

Have you given a perfect score for any condominiums?

[@savvyericchiew]

No

[@chuandeang4122]

funny like HeLL.... u are amazing.!!!!

[@savvyericchiew]

🤣🤣

[@Blessed888-hj2cx]

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]

Xie Xie! 😆

[@kichia-lk4ql]

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]

😆😆

[@chenxiang8271]

buy for own stay ok what. just park money there. don't have to buy and sell quickly.

[@YokNg]

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]

👍👍

[@lidna82]

could this project lose money even with enbloc?

[@savvyericchiew]

It’s bleeding already 😭

[@jlin995]

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]

You mean 🥕 viewers?

[@ALBERTHAN123]

Hey Eric... this one gonna be live see bo?

[@savvyericchiew]

Premiering at 8pm tonight!

[@billtay2839]

I wonder how these agents marketing Cuscaden Reserve say with straight faces urging their clients to "die die must buy"

[@savvyericchiew]

sincerely wrong? 😂😂

[@gomugomu4489]

CCR good leh. But need to buy landed la.

[@savvyericchiew]

Totally true!

[@brixlim8193]

your thought of casablanca at woodland ti buy or sell?

[@savvyericchiew]

Sell

[@victoryleo1981]

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]

Education is so important! 😆

[@hgft274]

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]

Totally true 💯

[@rpj341]

SC laughing at the 40+ people who bought CR. He say heng ah got so many vegetable head 😂

[@savvyericchiew]

Maybe got more buyers after this video 😂😂

[@rpj341]

U mean they still wanna buy after this video?

[@savvyericchiew]

@@rpj341 I hope they prove me wrong 🤣

[@brixlim8193]

how is casablanca in woodland???????????????????? can buy or sell?

[@savvyericchiew]

😫😫😫

[@TheBebemom]

Landed transactions slowing down a lot

[@sebastiantan2199]

Demographics of these buyers pls?

[@savvyericchiew]

Unfortunately don’t have the data but confirm they are too Huats 😂

[@JCx-dj4tw]

When is the next video?

[@savvyericchiew]

Thinking of content 😆

[@MrBluehorizonsugar]

Treasure can still enter at 1600+ psf?

[@savvyericchiew]

Depends on many other factors

[@MrBluehorizonsugar]

Thanks Shifu. Pasir Ris 8 4 rm 1700+ psf, 2.6m. Can buy? My wife said quantum too high

[@savvyericchiew]

@@MrBluehorizonsugar this price can also get city fringe 4br 😆

[@ngym20s]

Eric, you think developer will further drop the price?

[@savvyericchiew]

Anything is possible 😢

[@nicholasong3435]

Nice

[@savvyericchiew]

It’s a sad video 😭

[@nicholasong3435]

I like the truth 😂

[@nicholasong3435]

Learn from sad story more than happy story

[@savvyericchiew]

@@nicholasong3435 😆😆

[@milkacj5788]

now i know why its called cuscaden reserve, so reserved until no one wants.

[@savvyericchiew]

😂😂

[@IvanKoh-j4o]

HAHAH you make my day 3m+,3m+,3m confirm cui cui😂

[@savvyericchiew]

Very sad for them 🥵

[@muchuchen]

new launch buyer for this project really sad >.

[@savvyericchiew]

Seriously I can’t take it ☠️

[@jeffer8762]

1/3 * 45 , 13 ppl below 35 have 3.5m WTF

[@savvyericchiew]

Rich hor 😆

[@chenxiang8271]

buy Tampines condo have to quietly do it. friends will boo.... 😆

[@savvyericchiew]

Tampines is a good estate 👍

[@yeowchongong5608]

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]

True! 🙌🏼🙌🏼

[@jeremysng4214]

Wait for Re-Re-Re Launch at $2000 PSF

[@savvyericchiew]

Puke heart and stomach 🤮

[@jeremysng4214]

@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]

@@jeremysng4214 let them decide ba. I have done my best 👍

[@kiansengau9895]

U can teach Real Estate Business @NUS Prof Eric!

[@savvyericchiew]

I will if I have the opportunity 🙌🏼

[@PPI317]

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]

Maybe they will have more buyers to prove me wrong 😂😂

[@zhizian]

Buyers here doesn’t care about losing money. They got plenty….. 😂

[@savvyericchiew]

True too! 😆

[@propertiestelangana.realestate]

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]

Your comment is hilarious 😂

[@propertiestelangana.realestate]

@@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]

@@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]

Simi treasures?

[@beny.5736]

3.77k psf to 2.8k psf in a few months... Even crypto also nvr crash so much sia 😂

[@savvyericchiew]

I feel so sad for them 😭😭

[@byng138]

forfeit their deposit lah to break contract

[@savvyericchiew]

Maybe they want to prove me wrong 😂

[@perpetualquotes]

Iron balls to be more precise!

[@savvyericchiew]

🤣🤣

[@chenbryant137]

think a lot of mega cai taos :)

[@savvyericchiew]

Huge mega 🥕

[@perpetualquotes]

😂😂the winners are the agent who sold them

[@savvyericchiew]

😭😭😭