Vida condo at Peck hay road

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Frederique
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Vida condo at Peck hay road

Post by Frederique » Sun, 25 Oct 2009 11:08 am

Hi !

Anyone who knows this condo or stay there ?
Seeking for some input to make my mind !

Thanks

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c0ffee
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Post by c0ffee » Mon, 26 Oct 2009 3:53 pm

This condo is very near the Newton MRT! Location is very good but the price is a little on the high side..

Girl_Next_Door
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Post by Girl_Next_Door » Mon, 26 Oct 2009 5:31 pm

I'm staying near (or next) to Vida, to be exact. Here are a few pointers you might want to consider.

- You are between 2 MRT (Newton and Somerset). Due to the location, Orchard MRT is actually a slightly longer walk compared to Somerset.
- A walk to Paragon will take you about 10 mins and to Somerset about 15 mins. On the other hand, a walk to Newton will take you only 5 mins (Vida have another entrance that is near to Newton mrt, so you don't have to take the slope down if you are heading towards Orchard).
- Location wise, its great (at least for me) if you don't mind walking a bit. I can get groceries from Centerpoint and Paragon (great varieties and options!). If you want to do cheap meals, Newton hawker is nearby too. The closest 7-11 (for any last minute groceries) is at Newton MRT. There are quite a few waterholes near Somerset ranging from ICB, No. 5, KPO, to Killiney area. Ample of restaurants too, once you hit Orchard Road.

Like what c0ffee said, rent is on the high side because it just TOP. In addition, I am not sure which floor you are looking at, but if you :o around, there are a lot of constructions going on. Sometimes they start at 7am on a Sunday Morning (I am not kidding). In addition, the pool and bbq pits is facing the road and a construction site, so if you plan to have several pool parties, just know that you may be watched by the workers (they worked till pretty late too). My key concerns is mainly the amount of construction going around that area but then again, this is Singapore, and you see construction EVERYWHERE anyway...

There are tons of units available, it might be worth it if you can get really good rent after some bargaining. I saw the floor plans on some websites previously and it seems like some (or all??) of the units don't have proper walls (only glass walls??) to make the small apartment appear bigger. If cleaning and walking into glass walls is not an issue, go for it!

Frederique
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Post by Frederique » Mon, 26 Oct 2009 7:19 pm

Thanks for all !
A last question, what would be a good rent for 1 bedroom (and a the small additional room against bomb !!!!) ?

Girl_Next_Door
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Post by Girl_Next_Door » Tue, 27 Oct 2009 8:17 am

I'm not sure how much would be a good rent for you, but for me, this is how I would do it

- Check out websites to see what is the rent range for this place.
- Pick the few that are offering the lowest rent (from ., I can see units asking from $2.9K - $3.2k for a partial furnished one)
- I would likely call the agent (if I am not using any already) to request for viewing and when I found the unit I really like, I would probably offer $400-$500 lower than the original asking price and negotiate from there. The final rental price should be at least $200-$300 off their original asking price (as long as this asking price is on the lower range. There are 1 bedrooms in Vida asking for $4.5k, so even if I score $500 lower, its still considered bad negotation unless the unit have $100K worth of furnishing!).
- For Vida, I will try to get the agent to bring me to the swimming pool area and hint to him that there seems to be quite a few construction workers there, and express my concern. If I am viewing at night, I will also hint that it seems to be quite dark at night, etc (But honestly, its very safe. I walk back home in the middle of the night alone all the time, from Emerald Hills)
- I will do a mental checklist of how many units are available and the price range there, and use that during my negotiation.
- Of course, don't show too much enthusiasm when negotiating. If the agent comment that your offering price is too low or there are other viewers, just say "Its fine. There are a lot of units still available, and I will just look around" and move on to the next agent.

For Vida, there are ample of units, so I am sure you can find something decent at a reasonable price, unless you are in a hurry to move. Even if you are in a hurry to move in, don't let the agent know. Just say you are staying in a Serviced Apartment (like how most expats do it) and you can move out immediately if you see something you like, or you can extend for another month till you find something (even if its not true).

Good luck! Hope we become neighbours!

c0ffee
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Post by c0ffee » Wed, 28 Oct 2009 7:25 pm

Its pretty hard to say what is a good rent for a project that was just completed because many units are left unrented. Its usually when the rentals pick up and the rented prices form a basis for future rents. For a similar type of unit eg 1 bedroom studio, the rent might vary a lot depending on the landlord's financial ability to finance the unit. I suggest you go and view a unit first and ask yourself how much are you willing to pay for it. Since you have no obligations for viewing anyway. cheers!

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