View Full Version : Government Land Sales
A lot of good sites coming up:
http://www.ura.gov.sg/sales/prog1H2012rlcomresi.html
Once sold, the sites should have launches in end 2012 to early 2013. Unfortunately all are 99LH, but some are really tempting.
flagship74
23-12-11, 10:23
A lot of good sites coming up:
http://www.ura.gov.sg/sales/prog1H2012rlcomresi.html
Once sold, the sites should have launches in end 2012 to early 2013. Unfortunately all are 99LH, but some are really tempting.
which one are really tempting in yr own opinion?
Good to note the successful bids for these sites! :cheers6:
Do you think URA will sell at a lower $psf ppr compared tot eh neighbouring sites? Precedent set for paya lebar. How to expect lower $psf here?
Good to note the successful bids for these sites! :cheers6:
Govt always have the minimum amount before the site is officially opened for bidding. Someone must meet the minimum asking price... any price above that min bid should be accepted...
devilplate
23-12-11, 11:09
Govt always have the minimum amount before the site is officially opened for bidding. Someone must meet the minimum asking price... any price above that min bid should be accepted...
nobody knows the min px....
URA will not allow substantial drop in price unless there is a serious recession where they need it to simulate market. Otherwise they will not offer.
devilplate
23-12-11, 11:44
URA will not allow substantial drop in price unless there is a serious recession where they need it to simulate market. Otherwise they will not offer.
serious recession, they cancel land sale
which one are really tempting in yr own opinion?
All those within 500m to the MRT stations. They are going to suck the cash from the buyers at the sideline.
if cancel land sales during recession then alot of construction companies will go burst.. and gdp will be negative..
That is why properties is about location in both macro and micro levels.
All those within 500m to the MRT stations. They are going to suck the cash from the buyers at the sideline.
serious recession, they cancel land sale
Serious recession, they will hasten mrt and express way development(contractor dive price) and stimulate economic at the same time.
Land will start to acquired back at Market rate then ..
Ops... Duplicate posting....
which one are really tempting in yr own opinion?
2, 3, 5, 8, 9, 11 - to watch for?
I thought the one behind Queens not bad. :D Hopefully all developers bid $1.
http://www.mnd.gov.sg/MNDAPPImages/N...11206/RL-3.pdf
http://forums.condosingapore.com/attachment.php?attachmentid=3083&d=1323329617
I thought the one behind Queens not bad. :D Hopefully all developers bid $1.
http://www.mnd.gov.sg/MNDAPPImages/N...11206/RL-3.pdf
http://forums.condosingapore.com/attachment.php?attachmentid=3083&d=1323329617
Even developer won on a dollar bid, greedy developer will not price the sale unit based on a dollar bid...
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