The Landmark: The Good & The Ugly

The Landmark
Is this project worthy to buy for investment?
First I will sort out a few factors for you to gain clarity.
1. Land Price - Did the developer get it at a good price?
2. Location - We know this is important :)
3. Launching Price - Will the developer launch it above or below 15% profit margin?
4. Exit Strategy - Is it easy to sell at a profit 3 years later?
Finally I will give an overall savvy scoring.
Check it out and subscribe to my channel :)
For any property tips and advice, do msg me at savvyeric or urgent purchase/advice at 8606 0670.

[@SGMaleKaren-si3gw]

Hi Eric, I only started watching your videos for about a year. I want to thank you for always sharing your honest views. I gave some agents a very rare chance and let them "share to let me learn more about property", but they let my expectations down. Though I was looking for a resale property, they were pushing a number of red flag developer projects that I learnt about from your videos, including Landmark, One Burden, Coninuum, and also one I personally feel is too overpriced...the One Pearl Bank. Really a waste of my time and energy after a long workday. Please keep up the great work! 😁

[@savvyericchiew]

I understand how you feel when you are brought to showflat when you are requesting for resale. Take it as a learning journey and thank you for watching my videos! Wish you Huat Huat! 👍

[@andrewie4]

So funny yet Frank views. Always nice to see Eric speak

[@savvyericchiew]

will do more of this! Thank you for watching!

[@InvestingEducation]

Tks for sharin

[@manankohli7618]

Hi Eric, thanks for honest feedback. Totally aligned with you. Possible for you to something similar for avenue south residence?

[@savvyericchiew]

ok! Stay tuned!

[@choolim6483]

👏🏼👏🏼👏🏼👏🏼👏🏼

[@choolim6483]

👍🏼

[@fool1124]

Very comprehansive review Why dont you do overseas projects?

[@savvyericchiew]

I'm not familiar and most people lose money in overseas projects... My passion is researching and investing in Singapore property market :)

[@JJ-iu6sr]

Great content....can do a review for Clavon?

[@savvyericchiew]

sure give me a few days!

[@raysoleil1375]

Do you think it is still a good buy now? The prices have increased and still 60% units not released

[@savvyericchiew]

Nope 👎

[@cheewooihuman]

@@savvyericchiew wondering if you can share why so? if for investment purpose?

[@savvyericchiew]

@@cheewooihuman bad location, no demand, high price, no school factor. After so long still haven’t sell out is a good indicator already 😢

[@user-yj8qf1bd5e]

Hi Eric, with URA releasing plans for pearl hill, this project still can buy today or not?

[@savvyericchiew]

Have you bought?

[@user-yj8qf1bd5e]

@@savvyericchiew no buy yet. truth pls :)

[@savvyericchiew]

@@user-yj8qf1bd5e good you didn’t get it 👍

[@nesadcruz7840]

Asian cooking needs wok hei. For one bedder they may not frequently cook though.

[@prophunter8865]

Looks like the overall scores for Landmark doesn’t seem great at 6/10 stars. I feel Landmark is better bet than Avenue South Residence but pales in comparison to One Pearl Bank in location.

[@manankohli7618]

Apologies I have a diff view. I think Avenue south residence (ASR) is better than landmark My rationale - as Eric mentioned in this video ASR has better mix of 1/2/3/4 bedroom. - as Eric mentioned good layout of kitchen can do wok hei ( enclosed kitchen) - price is sort of ok - full condo facilities ( including tennis court) - have child care - low maintenance - will have shops/restaurants - have lot of area for kids - two good schools Radison ma's and Chij within 1 km - fair price shop 200 meters away - good developer (UOL) - marble flooring in all type of units - rail corridor connected - contentment MRT will be 8 mins walking via rail corridor or 9 mins to Keppel mrt from 2025. - very close to bus terminal very well connected - quite close to vivo city

[@prophunter8865]

The point about ASR being 8-9 mins walk to Cantonment MRT is definitely a big question mark, visited the showflat and saw it was advertised as such but if u look at the map it’s more than 15 mins away by foot. For the rest of those points mentioned, it is pretty subjective and depends on personal preference. To sum it, it still depends on entry price if Landmark was entered below 22xxpsf and ASR below 20xxpsf, I would think both are decent choice in investment terms.

[@manankohli7618]

@@prophunter8865 Bro, no need to ask anyone.. use Google Earth and compute yourself how long it's takes for contenment mrt via rail corridor. It's 8 mins. Confirmed marble flooring even for horizon units. Its incorrect to say its only for peak collection. Don't mind but you have preconceived notion against ASR. Factual information is Key point as we both want to profit by investing in correct property.

[@prophunter8865]

@@manankohli7618 my bad all units does come w marble flooring. Edited my above, I’m not convinced w the travel distance to mrt, it seems u have vested interest of ASR vs Landmark, so it wouldn’t be an unbiased opinion. I think in summary it boils down to entry price :)

[@beyondhomes2552]

@@manankohli7618 agree with you! 👍🏼

[@bornfree3531]

Landmark is always close to everything.....but yet never close if you stay there....

[@savvyericchiew]

True to that!

[@hgft274]

​@@savvyericchiewlike that means will always be close to selling but can never sell. Now almost end 2023 still got units left.....

[@savvyericchiew]

@@hgft274 sad 😢

[@chowanmushi]

@@savvyericchiew Why no good leh

[@savvyericchiew]

@@chowanmushi I don’t think there will be demand and may not have healthy profits. (Although I hope they make money)

[@garlicbread68]

Eric , landmark now going for 3000PSF. Ppl who bought huat until cannot huat 😅

[@savvyericchiew]

Eee I don’t like 😆

[@choolim6483]

No wok hey

[@fool1124]

I like open kitchen and i cook everyday.

[@savvyericchiew]

I like close kitchen because I like Wok Hei! lol

[@choolim6483]

No fried rice

[@PptyS209]

What do you think of Irewell? Uhhh...well 🤣🤣🤣

[@savvyericchiew]

Oh man! That's a good one! 🤣

[@wongclara6584]

Can u do one pearl bank?

[@savvyericchiew]

Should be soon! Stay tuned!

[@terencehoe]

@@savvyericchiew Eric did you did review on One Pearl Bank? I can’t seems to find from your videos

[@benjdkhoo]

Likewise. Waiting too!

[@choolim6483]

555

[@choolim6483]

Savvy score: 6, hence don’t buy