View Full Version : ECO at Bedok South near Tanah Merah MRT (FEO)
simple la. son is owner. laguna is borrower. backed by assets (which he has a lot)
phantom_opera
20-09-12, 11:28
So it's 1188psf x 0.86 = $1022psf?
Near met at this price and best stack some more.. Good buy!
no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true
bakasa2002
20-09-12, 11:31
1br (4xxsqft / 5xxqft) in Optima/MM transacted at 7xxk and yes ... ECO is a far superior project especially for own stay with primary school kid
Highest psf for MM/Optima
For MM
$1,462 PSF IN MAR 2011 FOR A 441-SQFT UNIT
For optima
$1,517 PSF IN JUN 2012 FOR A 484-SQFT UNIT
If for own stay with kid should be looking at bigger unit lah, 1br too small le. my :2cents:
bakasa2002
20-09-12, 11:38
no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true
1022psf it will have been sold out by now ... I agree w Phantom bro should be 1188nett. :)
any idea how many units they sold yesterday? i think almost all the condo units were sold when i left yesterday. my stack was left with the upper most level.
1022psf it will have been sold out by now ... I agree w Phantom bro should be 1188nett. :)
What does Balance units mean?
BR is with balance units, no good choice.
I don't like this as nested in HDB, the facilities will be free to a lot of people.
It depends on your needs.
If for own stay, should take a 3 BR proper.
NO
ya, asset based lending for him, can get 80%
208 units done yesterday
discount now 10+2
yesterday 14+2
yi ri ru yi nian
one day is like one year in SSD (4%)
ouch.
Time to guess number of units sold in September with such response at eco. Maybe 2000?
I think they launched 270 units yesterday.
is this considered good response or exceptional response?
208 units done yesterday
discount now 10+2
yesterday 14+2
oh Laguna I think your son quite tall in dark green tee gesturing at the stack you bought with his white iphone.... lol
anyway next to watch out is Riversails and Kovan Regency.... !
since FEO is famous for future pricing, wont ECO's launch price be taken as an indication that future price is going down. :)
The timing of this is quite good for them. There will be 10,000 units there and just hope for the best. Fall back plan is to take over my properties.
How old is that? And what if after all the wait you don't get a unit after balloting?
bakasa2002
20-09-12, 14:16
hmm, so to sum up the sales 2br is about 1mil and 3br is about 1.3mil after discount? Did I get it right?
phantom_opera
20-09-12, 14:21
hmm, so to sum up the sales 2br is about 1mil and 3br is about 1.3mil after discount? Did I get it right?
the 2br is 872sqft and 3br is 1000+sqft?
how about SOHO? what is the size and quantum like? is there a 2br SOHO here?!
nowadays so complex got 1br, 1br SOHO, 2br compact, 2br SOHO, 2br premium :banghead:
The architect, Ken Yeang, is a well-known for his green eco design of this project. Last project in Singapore is the National Library Board HQ in Victoria Street. Is it opened to public this weekend? Thought of going down.
208 units done yesterday
discount now 10+2
yesterday 14+2
The timing of this is quite good for them. There will be 10,000 units there and just hope for the best. Fall back plan is to take over my properties.
DC, simple advise. During recession or when prices are low, just ask your son to get private. During very good time, get them to ballot for HDB. Please dont ask me when the price is high.... You have to make assessment on your own. But I am sure you will know when the prices are low. Be flexible in your decision making.
If you need my explanation on the above, PM me.
Obviously, besides location the entry price is the second most important. Otherwise, I would have bought more in the last two years.
DC, simple advise. During recession or when prices are low, just ask your son to get private. During very good time, get them to ballot for HDB. Please dont ask me when the price is high.... You have to make assessment on your own. But I am sure you will know when the prices are low. Be flexible in your decision making.
If you need my explanation on the above, PM me.
no lah, 1188psf should be net of all discounts ... 1022psf sounds too good to be true
ya, 1188 is the net
I hv 4% saving alr,
bakasa2002
20-09-12, 15:05
ya, 1188 is the net
I hv 4% saving alr,
Your boy made 4% in a day! Congrats! :)
phantom_opera
20-09-12, 15:08
Your boy made 4% in a day! Congrats! :)
that is scary :scared-1: only with FEO :p
Your boy made 4% in a day! Congrats! :)
I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.
And he also seriously looking into what sort of gf as well.
Money well invested in him.
My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.
that is scary :scared-1: only with FEO :p
ya, that is $66,800 saving in less than 24 hours
propertychap
20-09-12, 15:18
I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.
yeah actually what is the difference between 2 bedroom suite and 2 bedrooms?
maybe it's the kitchen size? 2 bedrooms have the optino for open or closed kitchen whereas suite is only open kitchen.
I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.
hi laguna what was the total discount you got?
ya, 1188 is the net
I hv 4% saving alr,
I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.
is more like a 1+1
I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.
And he also seriously looking into what sort of gf as well.
Money well invested in him.
My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.
I concur; This is why my parents and in-laws empowered me and my wife to use their rental income to manage our finance and building for a better future. We see beyond my generation, we are investing in the next generation.
bakasa2002
20-09-12, 16:03
I just checked with agent a 2 bed room suite is 850k. What is a suite? cheaper or more expensive? Was quoted psf of 1250-1300. Got so expensive. The floor area must be very small.
I m not a feo fanboi, only check out the condo yesterday but perhaps this breakdown of suites, soho, condo, loft and townhouse will help u. Any feo proj owner care to explain?
http://newlaunchguru.com/eco
Not advertising for this agent but this is the only site I can find floorplan online but no dimensions lah. :)
http://www.ecocondosingapore.com/floor-plans/
discount now is 10+1%
my boy is sitting in the showflat, enjoying the sales and dropping in discount and he told me : the saving is $80,000, and I can buy a car alr....
How many years for a ave fresh graduate to save cash of $80,000, at least 4-5 years...and FEO made it for my son within 24 hours...
i notice that gone are the days where you get a big lift landing. now, every new condo's lift landing is just a passage way to your house.
I concur; This is why my parents and in-laws empowered me and my wife to use their rental income to manage our finance and building for a better future. We see beyond my generation, we are investing in the next generation.
sori, if my children treat me like the way u do to your P and PIL, they will not get a single cent from me, and I will kick them out from my house without second thought.
Ur far from as a role model....
sori, if my children treat me like the way u do to your P and PIL, they will not get a single cent from me, and I will kick them out from my house without second thought.
I believe my parents and in-laws are proud of me, and appreciate that I am putting up tremednous effort to gel the families under a roof.
I see that as a personal achievement.
discount now is 10+1%
my boy is sitting in the showflat, enjoying the sales and dropping in discount and he told me : the saving is $80,000, and I can buy a car alr....
How many years for a ave fresh graduate to save cash of $80,000, at least 4-5 years...and FEO made it for my son within 24 hours...
your son tricky le. soon your son will tell you:
"look dad, if i had bought today instead of yesterday, you would have to pay $80.000 more. now with the savings of $80k, can i get a car? afterall the amount of cash you have to cough up is the same" :)
buttercarp
20-09-12, 16:41
discount now is 10+1%
my boy is sitting in the showflat, enjoying the sales and dropping in discount and he told me : the saving is $80,000, and I can buy a car alr....
How many years for a ave fresh graduate to save cash of $80,000, at least 4-5 years...and FEO made it for my son within 24 hours...
That's how the rich become richer.
I believe my parents and in-laws are proud of me, and appreciate that I am putting up tremednous effort to gel the families under a roof.
I see that as a personal achievement.
With their support & Hopeful fatherly advises, you will have your own hotel soon.
But remember to keep the chickens & ducks out. :D:D:D
With their support & Hopeful fatherly advises, you will have your own hotel soon.
But remember to keep the chickens & ducks out. :D:D:D
Hi. Thanks for the good advices.
My future Flamingo Valley will be solely for homestay purpose.
I am just citing that if I have had the opportunity to own a landed property, I would explore to maximise my occupancy space. In view of your above advices, I would introduce homestay program for foreign students who needs attention (accomodation, housekeeping etc). I think it will be a viable option then.
Again, if that ever happens please rest assure I will be doing it a proper and legal way.
your son tricky le. soon your son will tell you:
"look dad, if i had bought today instead of yesterday, you would have to pay $80.000 more. now with the savings of $80k, can i get a car? afterall the amount of cash you have to cough up is the same" :)
hehe, maybe like father like son? :p
600+ cheques translated into 208 units sold in the first day.
So only 1/3 sales....is it a good %?
buttercarp
20-09-12, 18:33
600+ cheques translated into 208 units sold in the first day.
So only 1/3 sales....is it a good %?
Don't really understand about the cheque part.
600+ cheques was handed before the preview?
Those 400+ people decided not to buy cos they did not get their preferred unit, changed their minds etc....
But how many units were launched yesterday, almost 300?
Son cannot afford service loan, dad will pay?
I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.
And he also seriously looking into what sort of gf as well.
Money well invested in him.
My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.
Don't really understand about the cheque part.
600+ cheques was handed before the preview?
Those 400+ people decided not to buy cos they did not get their preferred unit, changed their minds etc....
But how many units were launched yesterday, almost 300?
butter sis i think because FEO will allow up to 2-3 bookings per unit before preview. At least thats what they told me when i booked a WT unit :)
I think the decision to have a property under his name is a very good move. He starts to think of bread and butter issue, maintenance fee, potential capital appreciation, rental, financing cost, mortgage payment etc.
And he also seriously looking into what sort of gf as well.
Money well invested in him.
My words to all parents : eventually all your monies will go to the children, it is good to start them young and in the right way. Instead of giving them money when ur gone, u duno whether they can manage and invest wisely or not.
I really admire you teachings. You make me wanna meet you and your son as he must be very matured for his age having a parent like you. :cheers5:
Wow! That's just a year younger than me. Wish my parent can just buy me a unit for free like that. Envious!! I had to crack my brain and work my ass off for $$:(
bro take a look at your left hand...now take a look at the five fingers...:confused:
Notice all not the same..some short some long some fat some thin....:D
thats life...:cheers5:..lets move on:D
Chillyred888
20-09-12, 22:39
I really admire you teachings. You make me wanna meet you and your son as he must be very matured for his age having a parent like you. :cheers5:
u call that matured? ha...dont be sarcastic la
u call that matured? ha...dont be sarcastic la
haha how am i sarcastic?
Laguna put him in in a head start wat.
How many 23 years old out there owns a 3 bedder condo?:confused:
bro take a look at your left hand...now take a look at the five fingers...:confused:
Notice all not the same..some short some long some fat some thin....:D
thats life...:cheers5:..lets move on:D
Don't forget some also have extra digits:D
I really admire you teachings. You make me wanna meet you and your son as he must be very matured for his age having a parent like you. :cheers5:
If u want to meet a successful young one, my girl is a better one.
My family enjoys meeting friends, just PM me if u wish to.
Anyway, I will not engage myself too much in the thread further as not going to the showflat alr and I had said all I wanted to say....
phantom_opera
20-09-12, 23:06
haha how am i sarcastic?
Laguna put him in in a head start wat.
How many 23 years old out there owns a 3 bedder condo?:confused:
23y old beautiful girl with sugar daddy high probability ... Stanley Ho St Regis sounds familiar?
23y old beautiful girl with sugar daddy high probability ... Stanley Ho St Regis sounds familiar?
Yea but there's only that many of such kids out there.
If u want to meet a successful young one, my girl is a better one.
My family enjoys meeting friends, just PM me if u wish to.
Anyway, I will not engage myself too much in the thread further as not going to the showflat alr and I had said all I wanted to say....
Sure, why not? Your children are around my age anyway :):cheers5: we could even meet to visit some showflats this weekend!
phantom_opera
20-09-12, 23:13
I just hope price not = yowetan
I just hope price not = yowetan
I think many forumners here know yowetan in various definitions. What is yours? :)
phantom_opera
20-09-12, 23:22
I think many forumners here know yowetan in various definitions. What is yours? :)
because if you confirm yourself as yowetan, Laguna will throw you off this sky deck :p
because if you confirm yourself as yowetan, Laguna will throw you off this sky deck :p
I thought u were gonna call me a fake lol:cheers5: a few forum friends have met me before though im sure they can tell you im not yowetan lol
buttercarp
21-09-12, 01:23
That's the problem or beauty of cyber space.
You can be anyone.
It can be very exhausting trying to assume different characters online.
I believe that if we are fated to meet in real life, we will one day, otherwise it will be better to meet one another online.
LAGUNA, are you Madam Soh?
An article on eCO a retiree bought a 1152sqft three-bedder for $1.37m or $1188psf as an investment for her son.
discount now is 10+1%
my boy is sitting in the showflat, enjoying the sales and dropping in discount and he told me : the saving is $80,000, and I can buy a car alr....
How many years for a ave fresh graduate to save cash of $80,000, at least 4-5 years...and FEO made it for my son within 24 hours...
buttercarp
21-09-12, 08:40
LAGUNA, are you Madam Soh?
An article on eCO a retiree bought a 1152sqft three-bedder for $1.37m or $1188psf as an investment for her son.
Wow kEN, where you dig up this?
So Laguna is really a lady!
Wow kEN, where you dig up this?
So Laguna is really a lady!
Sister butter haven't read your papers this morning? It's on st!!
buttercarp
21-09-12, 08:43
Over 220 units sold at eCO condo in Bedok South
by
Kalpana Rashiwala (http://www.businesstimes.com.sg/reporter/kalpana-rashiwala-0)
http://www.businesstimes.com.sg/breaking-news/singapore/over-220-units-sold-eco-condo-bedok-south-20120920
Far East Organization, Frasers Centrepoint and Sekisui House said on Thursday that they had sold more than 220 units at their eCO condominium project in Bedok South on the first day of preview on Sept 19.
The developers have released 262 units in the 748-unit, 99-year leasehold condo located along Bedok South Avenue 3. "About 95 per cent of buyers were Singaporeans and Singapore permanent residents," the developers said in a news release issued on the afternoon of Sept 20.
"Prices start from $737,000 for a 549 sq ft one-bedroom suite," said the developers.
Sources say the average price could be around $1,200-1,250 per square foot (psf).
220 apartments snapped up at Bedok South project preview
By Esther Teo Property Reporter
More than 220 apartments at eCO in Bedok South were snapped up at a preview on Thursday as projects close to MRT stations continue to enjoy strong interest.
Homes at the 748-unit project were sold for about $1,250 per sq ft (psf), with prices starting from $745,000 for a 549 sq ft one-bedder. These prices include early-bird discounts.
About 95 per cent of buyers were Singaporeans and permanent residents. They cited the project's proximity to Tanah Merah MRT station, Changi Airport, Bedok Central and good schools as reasons for picking up a unit.
Retiree Soh Poh Neo, 56, said she bought a 1,152 sq ft three-bedder for $1.37 million, or $1,188 psf, as an investment for her son.
Please respect Mdm Soh's privacy.
phantom_opera
21-09-12, 09:00
737k for 1br is b4 discount?
737k for 1br is b4 discount?
after:scared-5:
buttercarp
21-09-12, 09:24
Sister butter haven't read your papers this morning? It's on st!!
Left house early today.... did not read papers yet:ashamed1: .
@gardiny.... thanks.
@yowetan.... yes, I agree with you to respect her privacy.
Please respect Mdm Soh's privacy.
how come straits times did not respect her privacy?
phantom_opera
21-09-12, 09:40
are u sure 737k is after discount, property guru is marketing 1br 6xxk only leh ... or dun tell me all the cheaper 1brs all sold out liao :beats-me-man:
http://www.propertyguru.com.sg/listing/10792888/for-sale-eco
Madam Soh could be Laguna's wife ;)
buttercarp
21-09-12, 09:44
how come straits times did not respect her privacy?
I was wondering too.
How come they can get access to such info?
Or maybe she volunteer info to them or casually mention it then they go and publish it.
She will always be Laguna to me in this forum.
Mdm Soh is a familiar name in the circle.
More Singaporeans eyeing to acquire Malaysian property
Malaysia Property Blog - Friday, 23 December 2011
More Singaporeans are eyeing to acquire private residential properties in Malaysia, according to several property agents in a report by Channel NewsAsia.
Retiree Soh Poh Neo has been investing in properties in Singapore and the US for the past 20 years. Last year, Soh turned her attention to Malaysia and acquired two high-end apartment units at Andaman at Quayside condo in Penang.
"I don't think I can find this sort of project in Singapore. With the unblocked seafront, you can only find it in Sentosa," she said in the report.
Aside from the attractive prices, Soh also noted she was lured to Penang's economic prospects.
Meanwhile, Malaysia-based property developer Eastern
haha, am I mdm Soh?
your guess is as good as mine,
so let me know if u hv the answer.....
don't remember our Laguna ever talking much about US or Malaysian properties. so its unlikely.
buttercarp
21-09-12, 10:31
haha, am I mdm Soh?
your guess is as good as mine,
so let me know if u hv the answer.....
Whether you are Madam Soh or not makes no difference lah.
As long as we all come here to have fun and share what we know here, it is good enough.
To all bros and sis...... let's stop speculating, otherwise we will scare Laguna
away.
But I must say Madam Soh is so powerful.
Usually ladies are not into property.
To think she got guts to invest in so many properties.
http://www.propertyguru.com.sg/property-management-news/2012/9/34171/how-eco-friendly-is-eco-
No known green mark rating yet for eCo?
Whether you are Madam Soh or not makes no difference lah.
As long as we all come here to have fun and share what we know here, it is good enough.
To all bros and sis...... let's stop speculating, otherwise we will scare Laguna
away.
But I must say Madam Soh is so powerful.
Usually ladies are not into property.
To think she got guts to invest in so many properties.
this Mdm Soh is a very very seasoned player. her background is in Finance. traded commodities and stuff even.
Please kindly respect Mdm Soh and Laugna privacy.
buttercarp
21-09-12, 11:40
Please kindly respect Mdm Soh and Laugna privacy.
Why you keep on repeating this?
Trying to gain Laguna's favor?
blackpepperj
21-09-12, 11:48
this Mdm Soh is a very very seasoned player. her background is in Finance. traded commodities and stuff even.
Taxmen are watching.......
Why you keep on repeating this?
Trying to gain Laguna's favor?
I sympathize people with unwanted attention, just as much as when people are trying to chase me for a OTP picture to prove my purchase.
Privacy is important, and I believe everyone deserves a space for privacy.
I believe you wouldn't want people to comb p----- park for you, and disturbing your family? Wouldn't you?
there is no smoke without fire. if you don't reveal bits and pieces of yourself willingly and knowingly, nobody is able to trace anything back to you.
so no need to act noble.
blackjack21trader
21-09-12, 12:19
there is no smoke without fire. if you don't reveal bits and pieces of yourself willingly and knowingly, nobody is able to trace anything back to you.
so no need to act noble.
I agree. That is why I reveal my photo here so that the developer brothers will recognise me and not come here to cow pen cow bu. wahahahahahahaha
blackjack21trader
21-09-12, 12:20
Whether you are Madam Soh or not makes no difference lah.
As long as we all come here to have fun and share what we know here, it is good enough.
To all bros and sis...... let's stop speculating, otherwise we will scare Laguna
away.
But I must say Madam Soh is so powerful.
Usually ladies are not into property.
To think she got guts to invest in so many properties.
I oso veri powerful leh.. When I say right, no developer brothers dare to say left hor. Hehehehege
blackjack21trader
21-09-12, 12:25
I oso veri powerful leh.. When I say right, no developer brothers dare to say left hor. Hehehehege
Pls la.. U think any Tom dick can suka suka enter palaces and go aboard super tankers? Go see my gallery and figure la.... I am more powerful hor.
blackjack21trader
21-09-12, 12:28
I think I saw a clone.
pls la.. i very jealous when u guys praise mdm soh and not me hor....you hurt my ego 10x over....:(
blackjack21trader
21-09-12, 12:29
very angry liao la...not coming back here no more:(
pls la.. i very jealous when u guys praise mdm soh and not me hor....you hurt my ego 10x over....:(
I feel everyone deserves a space, a cyber-space.
There isn't much to be jealous of.
I can recieve criticism on my bold plan of making my family members living under one roof, but please do respect my family members and my privacy out of this forum.
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
Hi. I am keen to visit and experience the ECO concept.
do let us know how the place is like on a Friday which is iPhone launch day also
buttercarp
21-09-12, 13:03
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
Hi Emma, did you manage to switch to the 3BR compact without incurring extra costs?
Since you have bought it, it is good to take a look again, perhaps on a weekday when it is launched.
You can do a blog on it and a diary of its progress too, if you have the time :) .
I sympathize people with unwanted attention, just as much as when people are trying to chase me for a OTP picture to prove my purchase.
Privacy is important, and I believe everyone deserves a space for privacy.
I believe you wouldn't want people to comb p----- park for you, and disturbing your family? Wouldn't you?
Hello Ah Tan in case you got memory lost, you're the one who voluntarily offered to show us your masked OTP. No one forced you hor. Then twist & turn & say want to have some privacy so don't upload. Now you say people chase you for the OTP. People asked for it because you offered in the first place. It's that simple.
If want privacy then don't tell people you've bought FV in the first place. Don't tell people you have a dog & 9 pax staying under one roof in FV.
Don't tell people your household income is $7k.
Don't tell people you'll pocket all the rental income.
Don't tell people about your plan to help your BIL to buy HDB.
Don't tell us about your "hotel" plan.
And you think people here so free to comb FV after TOP to check if you really purchase one unit?
Will the masked OTP suffice to prove my purchase?
Anyway, I am proud of my critical thinking roadmap and my determination.
Mt Sinai will always be my first choice.
Siglap, Flamingo Valley will be the stepping stone to reach my holy grail.
Hello Ah Tan in case you got memory lost, you're the one who voluntarily offered to show us your masked OTP. No one force you hor. Then twist & turn & say want to have some privacy so don't upload. Now you say people chase you for the OTP. People asked for it because you offered in the first place. It's that simple.
If want privacy then don't tell people you've bought FV in the first place. Don't tell people you have a dog & 9 pax staying under one roof in FV.
Don't tell people your household income is $7k.
Don't tell people you'll pocket all the rental income.
Don't tell people about your plan to help your BIL to buy HDB.
Don't tell us about your "hotel" plan.
And you think people here so free to comb FV after TOP to check if you really purchase one unit?
Hi. I am just expressing the thoughts of lingering the "fear" of people infringing one's "privacy".
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
i might be heading down too!
Hi ya, i thought more and decided to stick to what I have. hope it's the right decision. but well we can only look into a crystal ball and try to second guess what might or might not happen or which one is better.
i would really like a 3 bedroom (proper one) - it's a nice area and i think it would be nice to stay there.
haha i am very bad at keeping notes and progress and what not...
i prefer not to visit for a while and be surprised by how much progress they have made during that time
Hi Emma, did you manage to switch to the 3BR compact without incurring extra costs?
Since you have bought it, it is good to take a look again, perhaps on a weekday when it is launched.
You can do a blog on it and a diary of its progress too, if you have the time :) .
Hi ya, i thought more and decided to stick to what I have. hope it's the right decision. but well we can only look into a crystal ball and try to second guess what might or might not happen or which one is better.
i would really like a 3 bedroom (proper one) - it's a nice area and i think it would be nice to stay there.
haha i am very bad at keeping notes and progress and what not...
i prefer not to visit for a while and be surprised by how much progress they have made during that time
I wish I can have extra money to cough out for the purchase if it is really that good.
I will visit it to have a feel.
yes i think it's nice. at least the eco concept sits very well with me.
I wish I can have extra money to cough out for the purchase if it is really that good.
I will visit it to have a feel.
blackjack21trader
21-09-12, 13:49
Hi. I am just expressing the thoughts of lingering the "fear" of people infringing one's "privacy".
aiyo...so that's your worry. dun worry la...u see I dare dare expose my.......expose...my.....expose my...........expose my identity here also all the developer brothers diam diam scared scared liao la...WOAHHHEHEHHEHEHEHHEHEHEHEHH...FUN !
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
If you have bought the unit, there is no need to see in detail over the weekend. It will be still crowded and difficult to see.
If you have not, then yes, so that you can make good decision.;)
blackjack21trader
21-09-12, 14:01
If you have bought the unit, there is no need to see in detail over the weekend. It will be still crowded and difficult to see.
If you have not, then yes, so that you can make good decision.;)
the main reason why this project is so popular is not the MRT, but the NEW UNIVERSITY CAMPUS la.
I wish I can have extra money to cough out for the purchase if it is really that good.
I will visit it to have a feel.
lets visit tgt!
phantom_opera
21-09-12, 14:07
Anybody can confirm whether 1br suite 550sqft is 6xxk or 7xxk?
My Manhattan is 7xxk
Hi forumers, anyone thinking of visiting the showflat this weekend?
i was thinking of going there again - it was really very very busy on the first day and thought might be good to go back there again just to see things in more detail. but it will be absolute mayhem on sat and sun i believe.
Most likely i will be there this sat aftn =) Would be fun to see the many faces and yet wondering whether who is who ....
buttercarp
21-09-12, 14:26
Most likely i will be there this sat aftn =) Would be fun to see the many faces and yet wondering whether who is who ....
Mabbe the forummers here can agree to wear a certain color, eg green colour ( the color of the forum page).
Just came back from a lunch appointment, did not realise so many pages..
Do u know who Mdm Soh is? NO
Do u know who Laguna is ? NO
so, who bother and why bother....just party here.
If u want to visit the showflat, I suggest avoid this weekend, tonite will be better. What I was told, the full page advt will be out tomorrow.
sis butter, the same green is worn by the cleaner and service staff at the eco showflat.
blackjack21trader
21-09-12, 15:21
sis butter, the same green is worn by the cleaner and service staff at the eco showflat.
WOAHAHHEHHEHEHEHEHEHEHEHHEHHAHHAHAHHAHAHAH......FUNNY !
buttercarp
21-09-12, 15:32
sis butter, the same green is worn by the cleaner and service staff at the eco showflat.
Cos it is ECO......
So we change colour lah..... how about we wear yellow?
Just came back from a lunch appointment, did not realise so many pages..
Do u know who Mdm Soh is? NO
Do u know who Laguna is ? NO
so, who bother and why bother....just party here.
If u want to visit the showflat, I suggest avoid this weekend, tonite will be better. What I was told, the full page advt will be out tomorrow.
I will probably visit tonight then.
<ADV> Far East: eCO is now Open For Sale! Bring your family and friends to visit our sales gallery and join us for Mid-Autumn celebration on (SAT)22 Sep, 7pm @300 Bedok South Ave 3. RSVP to 65348000 <Unsub, reply UN>
free moon cake
let's go
Wear name tag better
When you walk around you see YoweTan, Zeamybro, Buttercarp, Price, etc. Interesting right?
You might even be surprise to see Laguna again or BJ21 or even ...................................................................................... MeeSiam.
But his name tag is in BIG RED BOLD FONT. :D:D:D
if its snow skin moon cake i will go - i love snow skin!
on the first day they ran out of mooncakes to give and they were very apologetic ..
blackjack21trader
21-09-12, 15:56
Wear name tag better
When you walk around you see YoweTan, Zeamybro, Buttercarp, Price, etc. Interesting right?
You might even be surprise to see Laguna again or BJ21 or even ...................................................................................... MeeSiam.
But his name tag is in BIG RED BOLD FONT. :D:D:D
halor , halor...remember to tell in my face what a thick skinned person I am in the forum hor.heheheheh
blackjack21trader
21-09-12, 15:57
if its snow skin moon cake i will go - i love snow skin!
on the first day they ran out of mooncakes to give and they were very apologetic ..
i hope beautiful lady like u can grace the occasion hor :)
halor , halor...remember to tell in my face what a thick skinned person I am in the forum hor.heheheheh
You rank #2 only hor
Ah B aka MeeSiam skin thicker than you. :tongue3:
His name tag also much much bigger.
buttercarp
21-09-12, 17:42
So you all wearing what color tomorrow?
Perhaps can celebrate Laguna's buy by having a gathering there?
Laguna's mini party, or pre housewarming party?
buttercarp
21-09-12, 17:49
I want my piglets
Or we carry lanterns there?
I think I still got my powerpuff girl lantern.
Omg, sounds like blind date at ECO...haa haa got guess lantern riddles or not?
Guess correctly get a free Soho unit.
:D
I don't want to miss the party.....
tomorrow nite at eCO for mooncake?
who's going for real?
need a name list first then can print nametags
Kindly indicate username, font size n font color
i.e Basically | Red | 50px
need a name list first then can print nametags
Kindly indicate username, font size n font color
i.e Basically | Red | 50px
haha u collate k?
Price
haha u collate k?
Price
no need collate, post here can riaox so everyone will know who is going.
U start the ball rolling :) :)
Whether you are Madam Soh or not makes no difference lah.
As long as we all come here to have fun and share what we know here, it is good enough.
To all bros and sis...... let's stop speculating, otherwise we will scare Laguna
away.
But I must say Madam Soh is so powerful.
Usually ladies are not into property.
To think she got guts to invest in so many properties.
Let me introduce you to Madam Lai! :D
-----------------------------------------------------------------
Investor gets $442,680 cut in stamp duty Lower stamp duty on separate contracts
Judge says block buy should be treated as 83 separate ones
Published on Aug 11, 2011
http://www.straitstimes.com/STI/STIMEDIA/image/20110810/ST_IMAGES_VILAI11-9NV.jpg (http://www.straitstimes.com/STI/STIMEDIA/image/20110810/ST_IMAGES_VILAI11-9NV.jpg)
Madam Lily Lai paid about $226 million for all 83 units of Tower 1A at Reflections at Keppel Bay in 2007, but took the case to court after receiving the bill from the Commissioner of Stamp Duties. -- ST PHOTO: RAJ NADARAJAN
BACKGROUND STORY
Lower stamp duty on separate contracts
$226,472,460
Purchase price for all 83 units of Tower 1A at Reflections at Keppel Bay
$6,788,775
Stamp duty bill for the purchase, based on a single contract
Madam Lily Lai said her purchase should be treated as 83 separate contracts and not just one.
The rate of stamp duty is lower on the first $360,000 of every purchase, meaning she would save $5,400 on each one.
AN INVESTOR who paid about $226 million for a whole tower block at Keppel Bay has been given a $442,680 discount on her stamp duty following a landmark High Court judgment.
Madam Lily Lai, in her 50s, had appealed against her $6,788,775 bill, arguing that her purchase should be treated not as a single contract but as 83 separate ones. This worked out cheaper because the rate of stamp duty is lower on the first $360,000 of every purchase, meaning she saved $5,400 each time.
Justice Choo Han Teck reversed the taxman's ruling in what industry players see as a test case which could set a precedent for other buyers.
Madam Lai was born in Taiwan but is now a Singapore citizen. She is said to be a low-profile real estate investor who is interested in long-term developments.
It is understood that she first caught sight of the development, called Reflections at Keppel Bay, while she was returning from a trip to Batam. She decided to invest in an entire tower block because a Buddhist shifu, or master, told her that the condo, which is 'backed by a mountain and faces water', has good fengshui, said a close friend of Madam Lai. The friend, who did not want to be named, told The Straits Times: 'We had just driven past a banner advertising the property and decided to take a look. After bringing shifu there, we decided that it was a good investment.'
Madam Lai paid $226,472,460 for all 83 units of Tower 1A in 2007, but took the case to court after receiving the bill from the Commissioner of Stamp Duties.
The Inland Revenue Authority of Singapore's (Iras) lawyers Foo Hui Min and Patrick Nai argued that correspondence between Madam Lai and the developers before the sale pointed to a single contract on which the stamp duty bill should be based. But Madam Lai, represented by lawyers Ong Sim Ho and Amolat Singh, said there was no understanding that there would be a single contract.
Justice Choo found that Madam Lai had 'offered persuasive and bona fide commercial reasons for structuring the bargain in that manner'.
Madam Lai also confirmed in court documents that she would not have accepted a single sale and purchase agreement to buy all the units 'as a collective interest'.
'A single agreement would have constrained her ability to obtain financing from more than one financial institution,' said Justice Choo.
'She would also face difficulties in the event of the sub-sale of one or more of the units because the developer would have to cancel the sale and purchase agreement and re-issue her with fresh sale and purchase agreements.'
Justice Choo also rejected the Commissioner's reliance on a circular issued by the Iras on March 13, 2008.
This said that when it came to stamp duty, block property purchases should be treated as having a single purchase price. This would prevent block buyers taking advantage of the tax scheme by treating the purchase as single units.
But Justice Choo said that the circular was irrelevant as it was published after the case had arisen. The judge held that there 'cannot be uniform treatment of all block purchases'. He said the taxman must treat each case separately.
Mr Ong said the move could have important implications. He added: 'The official Iras circular insisting on stamping 'block purchases' as a single block appears now not to be valid as the court rightly ruled that each case must be looked at based on its own facts.'
An Iras spokesman said yesterday: 'We are reviewing the grounds of decision by Judge Choo Han Teck before deciding on the next course of action.'
Madam Lai's friend said the units will be marketed and sold by Leadway Property, which also operates from and owns an 18th-floor office space at The Central Mall. According to the friend, Madam Lai spends most of her time overseas.
When The Straits Times visited a four-room flat in Clementi - Madam Lai's last known registered address - a woman who answered the door said there is no such person living there.
Retiree Soh Poh Neo, 56, said she bought a 1,152 sq ft three-bedder for $1.37 million, or $1,188 psf, as an investment for her son.
Madam Soh found the location in Bedok South Avenue 3, the reasonable pricing and the nature-inspired concept of eCO, such as its 100m-long boardwalk through conservation trees, appealing.
:cheers5::cheers5::cheers5::cheers5:
Let me introduce you to Madam Lai! :D
bro visiting ECo? :cheers5:
bro visiting ECo? :cheers5:
No bro. No more bullets :( but i love tanah merah!!
So you celerating mooncake festivals with the bros and siss here tmr at eco showroom? heee
mdm lai this type will not wash her money on eco calibre one la
Price list (before discount) out per
http://www.fareast.com.sg/en/Residential/For-Sale/Properties-By-Name/eCO/Price-Availability.aspx
mdm lai this type will not wash her money on eco calibre one la
i think she can buy up the entire eco project !
anyone here has the floorplan?
phantom_opera
21-09-12, 21:43
Price list (before discount) out per
http://www.fareast.com.sg/en/Residential/For-Sale/Properties-By-Name/eCO/Price-Availability.aspx
wow, 12-46 1br 549sqft super west sun + road noise list price is 837,170
even after 15% discount it came to 7xxk ... so 737k minimum is true :doh:
and seems like 1br suites stack low floors mostly sold
wow, 12-46 1br 549sqft super west sun + road noise list price is 837,170
even after 15% discount it came to 7xxk ... so 737k minimum is true :doh:
and seems like 1br suites stack low floors mostly sold
So ex??? it was advertised at 660K on propertyguru. Or did $ increase
http://www.propertyguru.com.sg/listing/10792888/for-sale-eco
phantom_opera
21-09-12, 22:22
So ex??? it was advertised at 660K on propertyguru. Or did $ increase
http://www.propertyguru.com.sg/listing/10792888/for-sale-eco
Possible 660k because max discount mentioned was 18% but u must have owned far east property, stay near by etc to achieve maximum discount
take the super lousy west sun unit list price at 800k on stack 46 lowest floor.. 18% will be around 660k
after that 4% discount no more + all lower floors sold, so now price of 1br starting at 745k :scared-1:
and they released all the lousy 1brs first ... the best stack 55 seems to be kept for future 8xxk stunt
phantom_opera
21-09-12, 22:28
#12-48 1+S 603sqft list price is 987,xxx
after 14% discount is 850k (1400psf)
07-43 super west sun is about 750k if 14% disc ... lower floors all gone :scared-5:
Possible 660k because max discount mentioned was 18% but u must have owned far east property, stay near by etc to achieve maximum discount
take the super lousy west sun unit list price at 800k on stack 46 lowest floor.. 18% will be around 660k
after that 4% discount no more + all lower floors sold, so now price of 1br starting at 745k :scared-1:
and they released all the lousy 1brs first ... the best stack 55 seems to be kept for future 8xxk stunt
A typical FEO strategy? The ad is out .. I SEE YOUR TRUE COLOR, ECO
tink they set another record of 1000sqft for 3 bedders...
for normal non customer buyer is not cheap at all....
phantom_opera
21-09-12, 22:50
OMG stack 46 549sqft has a study room ... it is 1+S
it explains why all 7xxk
Is this another freehold land, but FEO holding on to the freehold title and rent the condo 99yrs to tenants, opps, buyers?
This kind of pricing, better get fh properties in that area.
eCO sits on freehold land held by FEO?
bakasa2002
22-09-12, 00:05
No, it's LH99. FEO didn't get it FH. Tendered late 2011/early 2012. Chk ura if u need confirmation. Another giveaway is its too near mrt to be FH. Even Bedok Court 20+ yrs ago is LH.
bakasa2002
22-09-12, 10:18
So after 2 days of hot sales, did we see 50% of the proj sold?
Looking at this picture update on Day 1, it looks really HOT! - http://ecocondo.com.sg/
phantom_opera
22-09-12, 10:25
stack 45,46,47,48,49 are very popular ... nowadays ppl like west suns ah :rolleyes:
stack 45,46,47,48,49 are very popular ... nowadays ppl like west suns ah :rolleyes: as usual, it is a quantum game. pay lower, gain more. west sun no big deal now cos so many ways of preventing heat from coming in, eg window film getting more advanced.
bakasa2002
22-09-12, 10:38
stack 45,46,47,48,49 are very popular ... nowadays ppl like west suns ah :rolleyes:
Wah .... I don't understand man. West sun is a killer for me, I think maybe these are investors looking for tenant who couldn't care less. :)
bakasa2002
22-09-12, 10:40
I see they have this 'White Soho' sticker on some stacks, any FEO expert can decipher what that suppose to mean?
bakasa2002
22-09-12, 10:48
eCO vertical green wall look alike?
http://i92.photobucket.com/albums/l9/bakasa2002/96D4A34B-117C-4387-AC88-7917D2696150-2292-000001430F815D32_zpscaee70ec.jpg
as usual, it is a quantum game. pay lower, gain more. west sun no big deal now cos so many ways of preventing heat from coming in, eg window film getting more advanced.
3M window film claimed they can reduce heat by up to 5 degree Celsius.
phantom_opera
22-09-12, 11:09
eCO vertical green wall look alike?
http://i92.photobucket.com/albums/l9/bakasa2002/96D4A34B-117C-4387-AC88-7917D2696150-2292-000001430F815D32_zpscaee70ec.jpg
minus the luxurious space of course :hell-hath-no-fury:
Solar Radiation is a killer through the glass. Becomes a greenhouse. People should go to the nearby hdb flat to check out the noise level from mrt train. Those not facing the track directly will still hear it as sound is reflected within the walls of the development.;)
3M window film claimed they can reduce heat by up to 5 degree Celsius.
for normal non customer buyer is not cheap at all....
There are two ways to buy FEO's projects
1. be the first 50 customers, have the best choice from the initial launch and best discount.
2. or wait till the mid of the launch, got the best units with higher price.
phantom_opera
22-09-12, 13:37
The ECO ad in ST beats all other ads ... 2 full pages WOW with price starting from 745k warning !!!:p Expensive must be good, long q must be good
Notice 2br quantum same as Stellar RV but SRV is 2br MM
The 8 river suites ad quite creative ...;)
So after 2 days of hot sales, did we see 50% of the proj sold?
Looking at this picture update on Day 1, it looks really HOT! - http://ecocondo.com.sg/
There are two ways to assess the sale
1. % of sales vs the number of units launched
2. % of sales vs the number of units available including those not launched.
For eCO, I think should use 1 as not all units been launched, this is a fairer method for early stage of project sales.
I see they have this 'White Soho' sticker on some stacks, any FEO expert can decipher what that suppose to mean?
White soho means u can opt not to have the mezzanine.
I m going down to the showflat soon ... Lets see if I would 'bump' into any of the bros and sis there later :)
Just came back, wah piang got 2 foreigners swallow 31 units. Don't know whether project hot or the money hotter.
@laguna, ur unit facing at that psf hard to beat. See Beh Ho !!
bakasa2002
22-09-12, 16:34
I m going down to the showflat soon ... Lets see if I would 'bump' into any of the bros and sis there later :)
Showroom was packed, lots of people viewing, have to squeeze around the showflat and had a proper chance to look at all the showflat, must say the material use is good. For the smallest unit, they are using marble flooring and luxe factor is high for a mass mkt project. :)
bakasa2002
22-09-12, 16:37
There are two ways to assess the sale
1. % of sales vs the number of units launched
2. % of sales vs the number of units available including those not launched.
For eCO, I think should use 1 as not all units been launched, this is a fairer method for early stage of project sales.
Ok, thanks for the info. Yes, the update I got tdy is Ph1 sold and Ph2 just launched. Not sure how many units they released by was told about 250+ units sold, that is more thanb 33% of entire project in a few days!
bakasa2002
22-09-12, 16:38
[quote=phantom_opera]The ECO ad in ST beats all other ads ... 2 full pages WOW with price starting from 745k warning !!!:p/quote]
I find the 1+1 layout quite good but at close to 1400psf ... I am thinking I should just have bought a 1br at Archi. Hahahaha ....
Just came back, wah piang got 2 foreigners swallow 31 units. Don't know whether project hot or the money hotter.
@laguna, ur unit facing at that psf hard to beat. See Beh Ho !!
There is one PRC (but Singapore IC) bot 20 units on day 1.
My unit is at stack 5, best 3 bedroom layout and it is a very very best layout at the best discount....ya, See Beh Ho....
Look like cannot go tonite for the mooncake alr...so crowded....
I was told the discount is now 10%
as usual, it is a quantum game. pay lower, gain more. west sun no big deal now cos so many ways of preventing heat from coming in, eg window film getting more advanced.
I think west sun is a big deal... those films no matter how advanced can't do very much.
Once I went to view a condo facing direct west sun at 4pm (intentionally). Owner had installed what he claimed to be top of the line window film.
The aircon was blasting at full and working very hard. The day curtains were drawn to further cut the glare but resulted in the house being very dim bcoz the of the double effect of the dark window film, the house lights had to be turned on as a result.
As you walk closer to the window, you can feel the dry heat emanating from the glass. When you touch it, you can feel your finger tips cinge. I think if you spread a roti prata dough on the window it will cook.
It may be ideal for North Indian families as they can probably splat their naans on the window instead of using a clay oven.
Showroom was packed, lots of people viewing, have to squeeze around the showflat and had a proper chance to look at all the showflat, must say the material use is good. For the smallest unit, they are using marble flooring and luxe factor is high for a mass mkt project. :)Saw the ad on tv, seems like the show flats similar to Euhabitat.
As usual, FEO never fail to impress. This project is really hot! :cheers5:
phantom_opera
22-09-12, 17:20
Are those west sun units bought by PRCs? May be they think free sauna during winter months lol
If this is not bubble dun know what is Liao
FEO original bought one page, aft prc support chiong for 2 pages lol
bakasa2002
22-09-12, 17:22
Are those west sun units bought by PRCs? May be they think free sauna during winter months lol
If this is not bubble dun know what is Liao
FEO original bought one page, aft prc support chiong for 2 pages lol
If it's foreigner 10% for 20 units, gahmen big huat!
phantom_opera
22-09-12, 17:31
If it's foreigner 10% for 20 units, gahmen big huat!
Even sc or spr will also pay ABSD Liao, unfortunately QE3 just cancel out any absd
anymore 1 bedder left ? any facing also can.
There is one PRC (but Singapore IC) bot 20 units on day 1.
My unit is at stack 5, best 3 bedroom layout and it is a very very best layout at the best discount....ya, See Beh Ho....
Look like cannot go tonite for the mooncake alr...so crowded....
I was told the discount is now 10%
One indo guy bot 21......still got moo moo cake meh, maybe all gave to the prc buyers liao.
Yup, now 10% with additional 2+1 for buyers staying in hdb around tt area. Feo helping ppl to upgrade.
bakasa2002
22-09-12, 17:39
anymore 1 bedder left ? any facing also can.
I think there are quite a few but at 1400psf, you possibly can find better buy in some other areas. :)
I think there are quite a few but at 1400psf, you possibly can find better buy in some other areas. :)
quantum at 5xxk right ?
One indo guy bot 21......still got moo moo cake meh, maybe all gave to the prc buyers liao.
Yup, now 10% with additional 2+1 for buyers staying in hdb around tt area. Feo helping ppl to upgrade.
very good marketing strategy...
vicinity discount was only 1% on day 1
what is this 2+1 means?
bakasa2002
22-09-12, 18:11
quantum at 5xxk right ?
I think it start from 745k, there's no 1br I was told. Smallest is 1+S at 564sqf if I got it correctly. :)
phantom_opera
22-09-12, 18:24
check the price list, it is 549sqft (56sqm)
balcony 7sqm
a/c ledge 2sqm
so effectively u only have 47sqm for that 1+S ... = 8RS 441sqft + a tiny study
FEO very smart because Optima only has MM 4xxsqft wheres DBR @ Simie is 5xxsqft 1br with HS
I remembered WFI was balcony 4 or 5 sqm, AC ledge 1sqm :p
I have two boxes of mooncakes from them
just tried...sub-standard
lotus paste is too hard, not smooth, not white lotus, too sweet
ECo good for rental to folks working at changi business park?
2% for hdb address,1% for staying around vicinity.
:D Mooncake hard ah, request agent to buy goodwood park or durian moon cake.
phantom_opera
22-09-12, 19:38
PM said target is 6m ... import 300k SPRs + 100k new SCs already send D16 psf to 1300psf ... imagine another 700k ... D16 will be 3500psf :scared-1:
buy b4 is too late, dun u see new China/Indo SCs/SPRs are buying en-masse for their family members that are future SCs/SPRs??
US Debt is increasing at 120b per month, 1.2T every 10m, QEternity is going to be at least half of that amount every month :scared-3:
Since Singapore holds so much USD ... then our land price must go up 1psf per day which is 365psf per year!!!
Gold just broken record high in Euros term
No one got chance to ask the indon and china guy why they bought 20+ units each? What's the appeal?? and ROI? and Mdm Lai's whole block of Reflection!
We must get to know these people's mindset .. Very interesting..
phantom_opera
22-09-12, 19:56
ECO is the 1st major project launched ater QEternity
It does not disappoint, it behaves like gold
http://dzswc0o8s13dx.cloudfront.net/goldcore_bloomberg_chart1_10-09-12.png
bakasa2002
22-09-12, 20:43
park money la so obvious
maybe wash $$$?
park money la so obvious
Yes.. very obvious is park money.
Buy seaview also park money..
Buy parc seabreeze also park money..
Buy archiepelog also park money..
Buy watertown also park money..
Everyone parking money..
I just want to know why they commit to 20 to 21 units (BBs) in this project instead of the others when it went on sale especially those recent launches.
Wonder how many units are sold in this F1 season to foreigners in our red dot. More Liang Teh needed?
Yes.. very obvious is park money.
Buy seaview also park money..
Buy parc seabreeze also park money..
Buy archiepelog also park money..
Buy watertown also park money..
Everyone parking money..
I just want to know why they commit to 20 to 21 units (BBs) in this project instead of the others when it went on sale especially those recent launches.
maybe got bulk discount
bakasa2002
22-09-12, 22:14
Sidetrack a bit, do you guys think w eCO hitting 1250psf, it will very soon be helping FV move their remaining units. :)
Sidetrack a bit, do you guys think w eCO hitting 1250psf, it will very soon be helping FV move their remaining units. :)
I suspect developers' sales, subsales n resales will b moving quite fast ahead. Shd b mostly speculative backed by good holding power.
phantom_opera
22-09-12, 22:23
IMO .. FV is mainly for self-stay and holding long term is required to see any decent return (in fact it is true for all decent size freehold properties)... ECO is meant for rental yield
It is very interesting why 8RS is moving so slowly while ECO is so hot .. D12 8RS 1br was as low as 5xxk (441sqft) and now still around 6xxk
Nowadays D16 prices are almost the same as D12, 13 and 14 ... guess the proximity to CBP, Tampines Regional Centre, IKEA, SUTD and coming two MRT lines of DTL3 and ERL manage to boost the investment appeal
Yes.. very obvious is park money.
Buy seaview also park money..
Buy parc seabreeze also park money..
Buy archiepelog also park money..
Buy watertown also park money..
Everyone parking money..
I just want to know why they commit to 20 to 21 units (BBs) in this project instead of the others when it went on sale especially those recent launches.
Ok lah. Wash & find a safe place to park money. Bulk discount is not a concern.
Bulk discount cannot cover bulk ABSD leh.
The showflat wasnt that crowded in the evening ... but the marketing really fierce man :D
http://i47.tinypic.com/105y4q1.jpg
blackpepperj
22-09-12, 23:24
So low class:doh:
bakasa2002
22-09-12, 23:43
The showflat wasnt that crowded in the evening ... but the marketing really fierce man :D
http://i47.tinypic.com/105y4q1.jpg
Omg, I tot the Chinatown stunt was bad. Pity those agents...
I want to buy ECO!!
我要买 ECO!!
http://youtu.be/HmCTNckN_oo
YEY!!!
:D
auroraborealis
23-09-12, 00:28
Actually I think vcool film works better after trying both...
3M window film claimed they can reduce heat by up to 5 degree Celsius.
blackjack21trader
23-09-12, 07:31
I want to buy ECO!!
我要买 ECO!!
http://youtu.be/HmCTNckN_oo
YEY!!!
:D
IMPRESSIVE ! LIKE+++
can ask forummers question, perhaps BJ21 can answer since he is developer.
the buyer of size, the indo and prc who bought around 20+ units each, why do they have to stand in line ya?
why must go to showroom ? cannot deal direct in FEO office ?
so that they can announce happily and loudly over the PA system units 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 SOLD!!!! for the effect
phantom_opera
23-09-12, 10:04
so that they can announce happily and loudly over the PA system units 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 SOLD!!!! for the effect
free marketing for FEO, buyer happy FEO happy, other buyers happy
of course already negotiated at FEO office la,, can save on the agent too :tsk-tsk:
free marketing for FEO, buyer happy FEO happy, other buyers happy
ya, I am happy, discount now is 9% + 1%
so my son has saved 8% or $133,000, equivalent to around 6 years saving for a fresh grad....
For FEO project, you can nego with sales agent for free tv, fridge, washer/dryer, etc...in a pkg deal. :D
For FEO project, you can nego with sales agent for free tv, fridge, washer/dryer, etc...in a pkg deal. :D
For eCO, no need to nego...all come with it
but no TV...
For eCO, no need to nego...all come with it
but no TV...
That's good.
ya, I am happy, discount now is 9% + 1%
so my son has saved 8% or $133,000, equivalent to around 6 years saving for a fresh grad....
a fresh grad makes and saves more than that these days :cheers6:
ya, I am happy, discount now is 9% + 1%
so my son has saved 8% or $133,000, equivalent to around 6 years saving for a fresh grad....
Wow! You got a discount of 18%? :jaw-dropping:
If 8% is $133k, it means your unit cost $1,662,500.00? :scared-3:
Is that right?
hi ya all. do we have any updates on the sales figures after the weekend?
Hi hi. yes 18% seems to the highest i have heard thus far. do you mean 18% discount is high for FEO projects?
Wow! You got a discount of 18%? :jaw-dropping:
If 8% is $133k, it means your unit cost $1,662,500.00? :scared-3:
Is that right?
a fresh grad makes and saves more than that these days :cheers6:
I am referring to an ave fresh grad with a general degree. Not lawyer or IB grad. And also, I refer to CASH saving.
If an ave fresh grad earns about $3,000, after CPF, tax, expenses, contribution to family, the saving rate should be around 30% thereabout.
Of course, there will be exception like PRICE.
Wow! You got a discount of 18%?
If 8% is $133k, it means your unit cost $1,662,500.00? :scared-3:
Is that right?
There are other FEO projects offered >18% discount. So far, I know 18% is the highest for individual buyers for this project, for the first 50 buyers, but too sure about the bulk purchase, should be >18%.
The listed price for my unit is $1,670,000 thereabout, ie, $1,450 psf and the net price is $1,188 psf.
There are other FEO projects offered >18% discount. So far, I know 18% is the highest for individual buyers for this project, for the first 50 buyers, but too sure about the bulk purchase, should be >18%.
The listed price for my unit is $1,670,000 thereabout, ie, $1,450 psf and the net price is $1,188 psf.
Then the list price have no meaning. Just feel good factor. Ie I sell u a bread at 50% duecount. 2.1 a loft post discount. Is it a good deal or feel good factor? If I tell u bread has a RRP of 4.2?
that's why you don't go by the listed price - go by the psf amount after all discounts and that will tell you whether it's a good deal or not.
Then the list price have no meaning. Just feel good factor. Ie I sell u a bread at 50% duecount. 2.1 a loft post discount. Is it a good deal or feel good factor? If I tell u bread has a RRP of 4.2?
Then the list price have no meaning. Just feel good factor. ?
I agreed that listed price has no meaning, in general.
But, for this project, if u take note of the listed price, u will see the listed price has gone up a lot and dropping the discount.
So, if a customer just look at the discount, he may not realise the price has actually gone up much more as the listed price has gone up.
early birds caught the worms in eCo forest!!
blackpepperj
24-09-12, 10:29
There are other FEO projects offered >18% discount. So far, I know 18% is the highest for individual buyers for this project, for the first 50 buyers, but too sure about the bulk purchase, should be >18%.
The listed price for my unit is $1,670,000 thereabout, ie, $1,450 psf and the net price is $1,188 psf.
Congratulations, $1,188psf is indeed a very good price. Just have to wait for Fragrance to help you push up the price.
i know i have asked this question before already - but where is this fragrance development please? is it going to launch soon?
Congratulations, $1,188psf is indeed a very good price. Just have to wait for Fragrance to help you push up the price.
blackpepperj
24-09-12, 10:38
i know i have asked this question before already - but where is this fragrance development please? is it going to launch soon?
You see the empty plot of land next to The Tanamera, East Meadows and Optima. Expected to launch in Q1, 2013.
oh ok thanks!
You see the empty plot of land next to The Tanamera, East Meadows and Optima. Expected to launch in Q1, 2013.
buttercarp
24-09-12, 10:40
i know i have asked this question before already - but where is this fragrance development please? is it going to launch soon?
See this web page.
http://www.h88.com.sg/article/Condo+site+right+next+to+Tanah+Merah+MRT+gets+13+bids,+won+by+Fragrance+Group+and+World+Class+Land/
http://www.h88.com.sg/images/content/2012-08-08/tanah_merah_condo.jpg
thanks thanks!
anyone know if there are still any more one bedder left in eco?
See this web page.
http://www.h88.com.sg/article/Condo+site+right+next+to+Tanah+Merah+MRT+gets+13+bids,+won+by+Fragrance+Group+and+World+Class+Land/
http://www.h88.com.sg/images/content/2012-08-08/tanah_merah_condo.jpg
bakasa2002
24-09-12, 12:16
thanks thanks!
anyone know if there are still any more one bedder left in eco?
Still have but the psf is >1300psf onwards I think. :eek:
phantom_opera
24-09-12, 12:28
stack 41 581sqft 1+S
#05 about 760k if you have 2% loyalty
facing the ugly Bedok Court and further away from MRT :banghead:
ok thanks - but is it worth investing in MM units in your opinion?
what is the resale potential and capital gain like ?
stack 41 581sqft 1+S
#05 about 760k if you have 2% loyalty
facing the ugly Bedok Court and further away from MRT :banghead:
A few cost cutting areas as compare to usual FEO standard 2 bedded. The kitchen flooring is not marble, comes with a smaller fridge, no sunken bath in master bath, coffee mixer, oven, drying rack and main door lock seem to use key type. But then plus all these the cost confirm higher.
I agreed that listed price has no meaning, in general.
But, for this project, if u take note of the listed price, u will see the listed price has gone up a lot and dropping the discount.
So, if a customer just look at the discount, he may not realise the price has actually gone up much more as the listed price has gone up.
Anyway congrads on your buy. I still prefer upper east to north east ( i.e. watertown)
:)
So now we know FEO uses 50+ buyers as the bait to catch other fishes. You know how much they have made. Buyers are still blinded by the large discounts but did not look at the absolute pricing. :doh:
There are other FEO projects offered >18% discount. So far, I know 18% is the highest for individual buyers for this project, for the first 50 buyers, but too sure about the bulk purchase, should be >18%.
The listed price for my unit is $1,670,000 thereabout, ie, $1,450 psf and the net price is $1,188 psf.
i seriously don't think any sane buyer would just look at the discounts given and go ga ga over it. it's what you are paying eventually after discounts that will help you decide if it's a good buy or not, no...?
So now we know FEO uses 50+ buyers as the bait to catch other fishes. You know how much they have made. Buyers are still blinded by the large discounts but did not look at the absolute pricing. :doh:
Eg. 1st phase 1k psf, 2nd phase 1.1k psf and 3rd phase 1.2k psf for same area, same level and same facing.
Those leftover going at 1.4k psf or....
Up 10% psf + remove maybe 5% discount = 15% increase overall.
This is the group of people who will return the units after making downpayment. Bought due to pressure at the showflat when everyone is balloting and issuing cheques.
i seriously don't think any sane buyer would just look at the discounts given and go ga ga over it. it's what you are paying eventually after discounts that will help you decide if it's a good buy or not, no...?
Far east agents too aggressive , I got served by 2 agents in the same time keep pestered ppl , make me so uneasy and confused ..
phantom_opera
24-09-12, 14:57
Far east agents too aggressive , I got served by 2 agents in the same time keep pestered ppl , make me so uneasy and confused ..
very simple, just tell them you only have enough $$ for 6xxk .. they will disappear in no time with black face :tsk-tsk:
bakasa2002
24-09-12, 15:14
Far east agents too aggressive , I got served by 2 agents in the same time keep pestered ppl , make me so uneasy and confused ..
Got the same experience, quite pesky sales talk ... Didn't like it. :)
East Lover
24-09-12, 15:31
There are other FEO projects offered >18% discount. So far, I know 18% is the highest for individual buyers for this project, for the first 50 buyers, but too sure about the bulk purchase, should be >18%.
The listed price for my unit is $1,670,000 thereabout, ie, $1,450 psf and the net price is $1,188 psf.
Dear Laguna, congrates to your new purchase!
just curious, I recalled you mentioned previously in other thread that you have off loaded 1/3 of SG properties and started to explore to other countries. why you started to buy and buy more and more? :D Because of QE3?
I did a comparison of list price
Tower B stack 5 is more superior than Tower G stack 29
both are of same internal layout. 1152 sf
Tower 5 was launched on day 1 and Tower G, last weekend
Discount was my estimate
Tower B stack 5 Tower G stack 29 difference
10 th floor 1,626,840 1,727,620 100,780
11 th floor 1,641,240 1,742,020 100,780
12 th floor 1,655,640 1,756,420 100,780
13 th floor 1,670,040 1,770,810 100,770
discount 15-16% 10-12%
#12-05 : staff purchase
alamah, alignment out
Dear Laguna, congrates to your new purchase!
just curious, I recalled you mentioned previously in other thread that you have off loaded 1/3 of SG properties and started to explore to other countries. why you started to buy and buy more and more? :D Because of QE3?
There are couple of reasons :
1. Sg is still one of the best spots, also I am here, make it easier
2. this unit is for my son, in fact, it is under his name 可怜天下父母心, most likely is as his wedding gift if he find a good DIL for me.
3. 此一时, 彼一时, with QE3 风云变色
BTW, I have diversified quite a lot since the off loading.
stack 29 is supposedly premium stack - best stack in whole development cos of its facing (unblocked and facing inside) and proximity to the main appeal of the development which is the eco feature. this is what the sales person told me - they said they will only open this on sat or sunday - i can't remember.
but i personally feel value (facing, premium stack or not) is in the eye of the beholder. if you feel your stack is the best then it's the best. no one can argue against you on this. i also feel whatever units i chose and bought are the bestest in my eyes, regardless of what others say. so next time if i want to sell and you can't offer what i want, i won't sell to you. and you can buy from others whose value judgement is the same as yours.
haha my two cents!
I did a comparison of list price
Tower B stack 5 is more superior than Tower G stack 29
both are of same internal layout. 1152 sf
Tower 5 was launched on day 1 and Tower G, last weekend
Discount was my estimate
Tower B stack 5 Tower G stack 29 difference
10 th floor 1,626,840 1,727,620 100,780
11 th floor 1,641,240 1,742,020 100,780
12 th floor 1,655,640 1,756,420 100,780
13 th floor 1,670,040 1,770,810 100,770
discount 15-16% 10-12%
#12-05 : staff purchase
alamah, alignment out
stack 29 is supposedly premium stack - best stack in whole development cos of its facing (unblocked and facing inside) and proximity to the main appeal of the development which is the eco feature. this is what the sales person told me - they said they will only open this on sat or sunday - i can't remember.
but i personally feel value (facing, premium stack or not) is in the eye of the beholder. if you feel your stack is the best then it's the best. no one can argue against you on this. i also feel whatever units i chose and bought are the bestest in my eyes, regardless of what others say. so next time if i want to sell and you can't offer what i want, i won't sell to you. and you can buy from others whose value judgement is the same as yours.
haha my two cents!
noted, 20m facing from the other block.
phantom_opera
24-09-12, 16:12
stack 5 and 4 better, nearer to MRT through the landed properties side gate and better seaview (tiny inches) ... dun u see the sky deck is on top of tower A?
stack 5 and 4 better, nearer to MRT through the landed properties side gate and better seaview (tiny inches) ... dun u see the sky deck is on top of tower A?
On top of these, got carpark and shop below
stack 29, u need to walk to carpark...
the sky garden is on top of tower A and B
like i said it's all subjective. i quite like stack 29 - cos there is no shop and carpark below but people who like stack 5 like it for this same exact reason.
but that's just me!
On top of these, got carpark and shop below
stack 29, u need to walk to carpark...
the sky garden is on top of tower A and B
like i said it's all subjective. i quite like stack 29 - cos there is no shop and carpark below but people who like stack 5 like it for this same exact reason.
but that's just me!
ya, that is u! no objection.
stack 5 and 4 better, nearer to MRT through the landed properties side gate and better seaview (tiny inches) ... dun u see the sky deck is on top of tower A?
For me, stack 3 is already better than 29 if buyers not mind the sun. 4 & 5 See Beh Ho especially high floors...
bakasa2002
24-09-12, 16:55
stack 5 and 4 better, nearer to MRT through the landed properties side gate and better seaview (tiny inches) ... dun u see the sky deck is on top of tower A?
Agree that 05/04 is the best units for this development cos' of the unblock view. It overlooks the Kew estate, so unlikely to have high rise in the future. For 01/02/08/07, if the reserve plot in front get triggered, it will be facing the new development real soon.
East Lover
24-09-12, 17:33
There are couple of reasons :
1. Sg is still one of the best spots, also I am here, make it easier
2. this unit is for my son, in fact, it is under his name 可怜天下父母心, most likely is as his wedding gift if he find a good DIL for me.
3. 此一时, 彼一时, with QE3 风云变色
BTW, I have diversified quite a lot since the off loading.
I see! 好一个 此一时, 彼一时, with QE3 风云变色 :spliff:
EQ3烧得我心惶惶啊！买-嫌贵，不买-怕浪费。。。my $$$ just dump inside MySaving accounts for mths liao! :cool:
by the way, how lucky your boy is! :)
blackpepperj
24-09-12, 17:41
Agree that 05/04 is the best units for this development cos' of the unblock view. It overlooks the Kew estate, so unlikely to have high rise in the future. For 01/02/08/07, if the reserve plot in front get triggered, it will be facing the new development real soon.
Do you think Bedok Court will block the view?
By the way, Bedok Court site is 368,590 sqft, 280 units. :scared-1:
Do you think Bedok Court will block the view?
By the way, Bedok Court site is 368,590 sqft, 280 units. :scared-1:
ya, will block, especially the row / blocks facing it. Even view of stack 3/ 4 and 5 will be partially blocked by it as well
In fact, Bedok Court is a very interesting project. Very big court.
I had assessed it before, but somehow, find the enbloc potential is rather slim, as owners unlike to vote yes to give up such big area, unless with a very high price...and then cannot find buyer...
Not sure of its price now
Do you think Bedok Court will block the view?
By the way, Bedok Court site is 368,590 sqft, 280 units. :scared-1:The units at Bedok Court are really spacious. May go enbloc?
auroraborealis
24-09-12, 18:39
Any views on the other old project along tanah merah kechil rd? Can en bloc?
Passed by it along the way to Eco... Land is not as big as Bedok Court... Plot ratio 2.1 still I think
ya, will block, especially the row / blocks facing it. Even view of stack 3/ 4 and 5 will be partially blocked by it as well
In fact, Bedok Court is a very interesting project. Very big court.
I had assessed it before, but somehow, find the enbloc potential is rather slim, as owners unlike to vote yes to give up such big area, unless with a very high price...and then cannot find buyer...
Not sure of its price now
blackpepperj
24-09-12, 19:00
ya, will block, especially the row / blocks facing it. Even view of stack 3/ 4 and 5 will be partially blocked by it as well
In fact, Bedok Court is a very interesting project. Very big court.
I had assessed it before, but somehow, find the enbloc potential is rather slim, as owners unlike to vote yes to give up such big area, unless with a very high price...and then cannot find buyer...
Not sure of its price now
Your analysis is likely to be correct. eCO is purchased at $345.9m for about 308,300 sqft, how much can 280 units Bedok Court enbloc for keeping in mind the lease top up and DC? Unless all remaining sites are fully built up around TM then perhaps developer will start looking for enbloc potential. That will still take many years in my opinion.
bakasa2002
24-09-12, 22:11
Do you think Bedok Court will block the view?
By the way, Bedok Court site is 368,590 sqft, 280 units. :scared-1:
Only Laguna's unit and 04 will likely get unblock view, the rest will sure get block or partly block, the other factor for me to consider is how close is one block is to the other. Some blocks are about 20m apart with a pool, I personally don't feel that comfortable with that kind of proximity, esp in a high rise condo development. :)
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