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View Full Version : Tender Closed for Jalan Loyang Besar



lky123
04-10-11, 21:13
Is the winning bid high?

http://www.ura.gov.sg/pr/graphics/2011/pr11-122a.pdf

kane
04-10-11, 21:42
$350+psf for Loyang? Doesn't feel like it was a low bid.

azeoprop
04-10-11, 22:28
This one works out to be $361.18psf ppr.
This is much cheaper than the one beside which MCL land won for $402.40psf ppr.
http://www.h88.com.sg/article/Pasir+Ris+site+not+popular%2C+sees+only+three+bids/

But seastrand's bid was the cheapest at $335psf ppr.
http://www.h88.com.sg/article/Pasir+Ris+site+sees+only+4+bids/

:beats-me-man:

devilplate
04-10-11, 23:38
This site is comparable wif mcl one or slightly better....so market started to fall liao

kane
05-10-11, 00:01
When's the next time we get a bidding on a plot next to an MRT station? That'll be a good acid test.

devilplate
05-10-11, 00:08
Despite lower bid, we got 13 bidders! Tats interesting.....liquidity monster very much still alive and everyone is trying their luck by putting an opportunistic bid

kane
05-10-11, 00:14
Despite lower bid, we got 13 bidders! Tats interesting.....liquidity monster very much still alive and everyone is trying their luck by putting an opportunistic bid

it's a crisis of confidence, not a crisis of liquidity. if only the liquidity all got of the sidelines simultaneously, our problems will be solved. but that's just wishful thinking. the money at the side doesn't want to be the hero that dies young.

Allthepies
05-10-11, 07:44
When's the next time we get a bidding on a plot next to an MRT station? That'll be a good acid test.
the reserve site just next to juroong east will be a very good test : )

hyenergix
05-10-11, 07:54
the reserve site just next to juroong east will be a very good test : )

That Jurong East plot does not need to be tested. Government has already commited to upgrade the area over several years. Besides, any project that is launched next year there will TOP in 2016 or 2017. Rental or sub-sale is guaranteed. Quite a safe buy.

kane
05-10-11, 08:34
That Jurong East plot does not need to be tested. Government has already commited to upgrade the area over several years. Besides, any project that is launched next year there will TOP in 2016 or 2017. Rental or sub-sale is guaranteed. Quite a safe buy.

There will be demand, my point is how bullish is the.demand, and from the bid price, it'll become evident.

hyenergix
05-10-11, 08:39
There will be demand, my point is how bullish is the.demand, and from the bid price, it'll become evident.

It shd b v good.

kane
05-10-11, 08:42
It shd b v good.

When's the tender result?

kingkong1984
06-10-11, 22:27
There will be demand, my point is how bullish is the.demand, and from the bid price, it'll become evident.

wait for land sales for next year.. u will cry.... :scared-3:

Jcmillineum
10-10-11, 23:19
wait for land sales for next year.. u will cry.... :scared-3:

ya loyang is up and coming :):)

azeoprop
10-10-11, 23:27
High floor north facing units here and the plot beside it will get a quiet total unblocked sea view + ubin view.

Maybe 850psf can get? :beats-me-man:

iwantgizmos
11-10-11, 00:27
High floor north facing units here and the plot beside it will get a quiet total unblocked sea view + ubin view.

Maybe 850psf can get? :beats-me-man:
most like 1K+ psf... this is JLB area we are talking about... whole stretch all private...

kane
11-10-11, 00:45
1+k for MM perhaps, but if they have regular sized units, 1+k psf is pushing it a little too far.

devilplate
11-10-11, 10:14
1+k for MM perhaps, but if they have regular sized units, 1+k psf is pushing it a little too far.

most likely 1-1.1kpsf for regular sized seaview units.....the rest shd be ave 850psf

they will never give 1bdr any seaview....mabe got abit chance to have 1 or 2 stacks of 2bdr facing sea

kane
11-10-11, 18:42
I thought the 1 bedder plus seaview would help justify an otherwise high benchmark of $1+k psf.

Jcmillineum
11-10-11, 18:56
1+k for MM perhaps, but if they have regular sized units, 1+k psf is pushing it a little too far.

people will pay anything for sea view....:cool: