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bargain hunter
15-05-12, 14:33
180 units. 30 launched.

3 sold in mar at 2,129, 2358, 2482psf.
3 sold in apr at 2119, 2323, 2380psf.

not too hot huh.

august
15-05-12, 19:00
shoebox project again.

Kanarazu
15-05-12, 19:23
180 units. 30 launched.

3 sold in mar at 2,129, 2358, 2482psf.
3 sold in apr at 2119, 2323, 2380psf.

not too hot huh.

Seems like much higher psf than suites @ newton.

bargain hunter
15-05-12, 20:16
shoebox yet can't move? :confused:


shoebox project again.

ekl2ekl2
15-05-12, 20:43
Think this one is better than suites@ newton bec bigger site, and has skygarden/swim pool, comparable to Lviv directly across newton road, except that Lviv studio/1 room is bigger than 600sqft whereas this one has 400 plus sqfeet units.

Surprised that so few units have been sold bec expected to do better than suites @newton. Maybe the high pfs (2300-2500pfs) and ABSD for foreigners. Subsales and developer sales for Lincoln suites, another comparable condo with lots of MM also quiet.

House
15-05-12, 23:38
not bcos shoebox but crazy overpriced

DKSG
15-05-12, 23:41
not bcos shoebox but crazy overpriced

Yes. Developer trying their luck!
Such developers sometimes uses strategies like this to milk off the public.

They will launch for 6 months, pull it off the market, rest 6 months then come back with lower (or higher prices). They have no obligation to protect the earlier buyers.

DKSG

bargain hunter
15-05-12, 23:59
is this by novelty?


Yes. Developer trying their luck!
Such developers sometimes uses strategies like this to milk off the public.

They will launch for 6 months, pull it off the market, rest 6 months then come back with lower (or higher prices). They have no obligation to protect the earlier buyers.

DKSG

bargain hunter
15-06-12, 13:58
so fast zero sales in may liao. only 6 sold out of 30 launched out of total 180 units.

bargain hunter
16-07-12, 13:12
1 more sold at 2402psf in June. 96% UNSOLD. :ashamed1:

bargain hunter
15-08-12, 13:16
2 more sold at 2400 and 2408psf in Jul

bargain hunter
17-09-12, 13:00
1 more sold at 2393psf in aug.

bargain hunter
16-10-12, 14:00
3 more sold at 2421, 2439 and 2445psf in sep.

bargain hunter
15-01-13, 11:54
1 more sold at 2424psf in dec

ekl2ekl2
15-01-13, 21:43
1 more sold at 2424psf in dec


Thanks BH for the update. Have also been nonitoring sales of this project on and off. Still find it very puzzling. The project was officially launched about a year ago and before CM7 have sold just 10 plus units out of 180 units.

The location along Newton road is fine, it has a sky garden, the quantum for MM still affordable though pfs at 2400pfs is high. Could this be poor marketting or is it just the price? Probably one of the poorest new launch performer in Newton/Novena area.

Rysk
15-01-13, 22:11
Thanks BH for the update. Have also been nonitoring sales of this project on and off. Still find it very puzzling. The project was officially launched about a year ago and before CM7 have sold just 10 plus units out of 180 units.

The location along Newton road is fine, it has a sky garden, the quantum for MM still affordable though pfs at 2400pfs is high. Could this be poor marketting or is it just the price? Probably one of the poorest new launch performer in Newton/Novena area.

Think is the location of this project.. neither here or there.. not near Newton MRT & Novena MRT.. right at the middle
And will be sandwich between Surrey Pt / Suites @ Surrey & Newton Imperial :banghead:

ekl2ekl2
16-01-13, 21:09
Think is the location of this project.. neither here or there.. not near Newton MRT & Novena MRT.. right at the middle
And will be sandwich between Surrey Pt / Suites @ Surrey & Newton Imperial :banghead:

The problem is with CM7, wonder how they are going to sell the rest of the 90%.

bargain hunter
15-04-13, 13:00
another 1 unit sold at 2624psf. total 21 out of 30 launched units sold. another 150 units have not been launched.