View Full Version : La Fiesta @ Sengkang
https://pbs.twimg.com/media/BAVovVpCEAAwWU2.jpg
phantom_opera
11-01-13, 22:47
OMG .... :scared-1: :scared-3: :beats-me-man: :doh:
PAP now has licence to kill ... would they be the first victims? :beats-me-man:
buttercarp
11-01-13, 22:48
https://pbs.twimg.com/media/BAVoOi7CAAEc8QG.jpg
Wow, unbelievable!
Tripp you are there now?
Thanks for the update.
If by 12 midnight still in the queue and haven't reached your turn, how?
Grabbed the pics off Twitter.
At least 500-600 ppl at La Fiesta showflat.
Last payday for agents.
Queuing up to be slaughtered?
jacelynchia
11-01-13, 22:58
Queuing up to be slaughtered?
haha, This is phenomenon!
Feo showflats until 2am.
Does this mean CM takes place only after 2am?
that is a picture of pent up demand.
phantom_opera
11-01-13, 23:00
2am they can still put the timestamp as 1159 pm .... chun bo?? :p
Shhh later mata catch them
jacelynchia
11-01-13, 23:03
2am they can still put the timestamp as 1159 pm .... chun bo?? :p
haha, True! :D
800 plus units, 500-600 people.
Lucky more than enough, or else many will be very disappointed.
Sinkie Time is faster than Singapore Standard Time.
Just ask those tearing parking coupons. :D
2am they can still put the timestamp as 1159 pm .... chun bo?? :p
can they give cheque now to lock in their interest before 2359, subject to then completion of paperwork later in the night?
Any update :) all sold out?
http://i1278.photobucket.com/albums/y517/cnud1/EE547D3C-7B4D-40F3-8C6A-37AD82A9125B-4077-0000021AC713EF07.jpg
http://i1278.photobucket.com/albums/y517/cnud1/CFB4E661-E672-4F13-8346-4CD6B2957D0B-4077-0000021ABC999F6A.jpg
http://i1278.photobucket.com/albums/y517/cnud1/A5D1086F-E0B6-4C85-8CEB-07285583ACB0-4077-0000021AB7636D2D.jpg
At 1230am. Good luck guys!
Wahaha... What's a QBay Promoter doing there?
Cyberknight
12-01-13, 00:04
Wahaha... What's a QBay Promoter doing there?
Q bay Bo kang Tao mah.. Really Viva La fiesta....
jacelynchia
12-01-13, 00:13
Haha, a sign that Qbay developer is worried.
Goodluck to those in line!:)
Do or die tonite to buyers right at the point of new CM, will developer drop price after new CM kicks in? Does all showroom OT tonite to clearing stocks?
Maybe tomorrow crowd also like this because they scare government will increase stamp duty again. Lol. And price raise overnight by 5%. Government also no choice and give up. Lol.
2nd ppty need to fork out how much cash for a 1mio unit under new CM?
2nd ppty need to fork out how much cash for a 1mio unit under new CM?
3% + 7% = $100k for stamp duty
3% + 7% = $100k for stamp duty
$100k COE cheaper or $100k stamp duty cheap?
3% + 7% = $100k for stamp duty
Plus 25% down?
phantom_opera
12-01-13, 09:02
几可以一下。。。一窝蜂...
最危险的地方就是最安全的地方
Developer is laughing to the bank. Can close showflat and celebrate CNY.
Sold out last night?
flagship74
12-01-13, 09:09
It's has been confirmed..FULLY SOLD!!:doh:
Wah, the CM became HM for la fiesta. Today the marketing teams for the project can go for a fiesta.
Luck is on this project and its marketing agents... perhaps the name and the 'ba zhi' blends well with the end of Dragon Year.
It's has been confirmed..FULLY SOLD!!:doh:
It's has been confirmed..FULLY SOLD!!:doh:
really ah ? in just one night? all the big units? :eek:
I believe the developer of La Fiesta is inviting trouble.
There is no way can clear 800 OTP within 4 hours from 8-12 midnite.
The printers cannot work that fast, at most, there are 3 laser printers there. The back office also could not work that fast.
Just thinking, URA might check
Can they take orders while they the buyers queue? So they paperwork gets processed sequentially.
It's has been confirmed..FULLY SOLD!!:doh:
fully sold?? all 800 units?
Huh... Since when fully sold...... :confused:
It's has been confirmed..FULLY SOLD!!:doh:
Sure or not? They stick to the same pricing?
jacelynchia
12-01-13, 12:39
My friend told me 445 units sold.
Will there any be discounts in all showflat today onwards?
My friend told me 445 units sold.
wah those people anyhow report.
jacelynchia
12-01-13, 12:48
Will there any be discounts in all showflat today onwards?
Sadly not in this one at the moment.
I am sure Qbay will come up with some discount, Developer must be panicking since we saw a Qbay guy at La fiesta showflat!:D
were you there as an agent or a buyer?
Sadly not in this one at the moment.
I am sure Qbay will come up with some discount, Developer must be panicking since we saw a Qbay guy at La fiesta showflat!:D
May I know what was the median psf in last night sales in La Fiesta showflat?
jacelynchia
12-01-13, 13:28
were you there as an agent or a buyer?
I was not present, saw Qbay guy in the picture posted on the thread by others.
Go to page 27 and see picture 2. See if you can spot!
And I am not a agent, If I were, will be finding buyers here! :D
Huh... Since when fully sold...... :confused:
Bro ZeeWee, so not sold out lah.
Kenshinto80
12-01-13, 14:52
May I know what was the median psf in last night sales in La Fiesta showflat?
Ard 1100psf to 1200psf I estimate...was there last night to try for 1 bedder. Queue for 3 hours but when about to reach the selection service counter....EL announce all 1 bedders sold out.
https://pbs.twimg.com/media/BAVoOi7CAAEc8QG.jpg
Wow, the queue is super loooooooooonnnnnnnngggggggg.
Pricing sold was same as quoted more or less and confirm not sold out
Went to see the show flats (thanks Zee Wee). Layout of the compact 3 bedder and DK 4 bedder seem good. Design of the kitchen with a glass panel makes it look bigger. The windows are well located to let in a good amount of light (but would avoid West facing if there are any as the bedrooms have full length glass). The balcony is not too big (you will need it for drying clothes as there is no yard). From the plans, the minus side of the 2 bedder is that the common bathroom is so far away (need to walk through the living area). But if there are 2 tenants sharing, that would give more privacy in the bedrooms to each party. The big plus point is the location. There is underground covered access to the overhead bridge connecting to the MRT. The walk even from the far end is not too onerous, even with heavy shopping to carry. If you want fresh air walk in the morning, there is a nice paved path under the LRT track already in place as an alternative to the basement (presumably there will be a side exit from the condo to get to this path). Being under the LRT track gives a bit of shelter from the sun on a hot day.
The development around Sengkang is very fast. New schools have sprung up in a short space of time. Seletar Mall is also coming up fast (not for this devt - I think those who are in H2O residences will benefit). The hospital will be very near this devt but not so near as to deter "pantang" people. It's a shame about the new CMs but it has benefitted the developers of this place who were on the ball enough to get the showroom and logistics ready to let people cheong at the last minute.
It is not cheap given the location.
Ard 1100psf to 1200psf I estimate...was there last night to try for 1 bedder. Queue for 3 hours but when about to reach the selection service counter....EL announce all 1 bedders sold out.
QBay agent juz confirmed with me in person Fiesta over 400 sold last nite.
I was told 90% sold!!
Any1 at sf today to update the crowd?
I was there this morning only with chiaberry.. confirmed maybe only around 50%+ sold
I was told 90% sold!!
Any1 at sf today to update the crowd?
My friend was there in the Q last night, but the 1 bedder was sold out before his turn. :(
My friend was there in the Q last night, but the 1 bedder was sold out before his turn. :(
U mean urself rite...lol
Consider it's proximity to the MRT, $1100-1200 considered cheap?
I am marvel by the psf given the location. However, it is indeed good to have the CM to reset everything.
I notice every month the interest rate is creeping up a bit at a time. With the CMs, many units TOP soon with competition for tenants and rising installment payments, some owners may not be able to hold. Prices could have a chance to trend downwards. But we shall see which developers budge first to drop price/give discounts.
Yeah, Sengkang is very far north east. But as I mentioned, things are moving fast there. A lot of construction, and even infrastructure works (road widening of TPE, etc). Govt is pushing Punggol as a place to live and work. This place might have potential in spite of its location. But buyers have to be realistic in their expectations. They may not be able to see a good return on investment for some time. So they need to have the holding power. For own stay, if your work place is not too far away, this location is convenient (to transport and amenities) compared to the rest of Sengkang.
P.S. Not vested here. Rendered inactive by the CMS. :banghead:
I notice every month the interest rate is creeping up a bit at a time. With the CMs, many units TOP soon with competition for tenants and rising installment payments, some owners may not be able to hold. Prices could have a chance to trend downwards. But we shall see which developers budge first to drop price/give discounts.
Yeah, Sengkang is very far north east. But as I mentioned, things are moving fast there. A lot of construction, and even infrastructure works (road widening of TPE, etc). Govt is pushing Punggol as a place to live and work. This place might have potential in spite of its location. But buyers have to be realistic in their expectations. They may not be able to see a good return on investment for some time. So they need to have the holding power. For own stay, if your work place is not too far away, this location is convenient (to transport and amenities) compared to the rest of Sengkang.
Concrete jungle can never be comparable to nature places like Mt Sinai, Bukit Timah, Hillview and Chestnut drive etc.
Went there this afternoon. One agent told me that they sold around 10 units this morning, mostly 1st time buyer.
I notice every month the interest rate is creeping up a bit at a time. With the CMs, many units TOP soon with competition for tenants and rising installment payments, some owners may not be able to hold. Prices could have a chance to trend downwards. But we shall see which developers budge first to drop price/give discounts.
Yeah, Sengkang is very far north east. But as I mentioned, things are moving fast there. A lot of construction, and even infrastructure works (road widening of TPE, etc). Govt is pushing Punggol as a place to live and work. This place might have potential in spite of its location. But buyers have to be realistic in their expectations. They may not be able to see a good return on investment for some time. So they need to have the holding power. For own stay, if your work place is not too far away, this location is convenient (to transport and amenities) compared to the rest of Sengkang.
Wait till they come up with another cm: increase property tax to 50% on their 2nd property. They may discourage rental mindset and ask people to work hard. :p
I was there this morning only with chiaberry.. confirmed maybe only around 50%+ sold
u have forgotten the date with us at Qbay
u have forgotten the date with us at Qbay
Hi..why am I not invited?
Went there this afternoon. One agent told me that they sold around 10 units this morning, mostly 1st time buyer.
2nd or 3rd property owners will need to reconsider their position given the new rules. but 10 in one morning to first time buyers seems like a healthy level of demand.
Price for this is a bit high lah, further more the unit is so small :doh:
Consider it's proximity to the MRT, $1100-1200 considered cheap?
Consider it's proximity to the MRT, $1100-1200 considered cheap?
Treasure Trove still below $1000 psf for balance units.
u have forgotten the date with us at Qbay
Lol... Nobody called me mah so I din know... Lets meet next showflat :)
Kenshinto80
13-01-13, 03:33
Hi..why am I not invited?
How come you have not bought a condo unit yet? I recall seeing your posts at lots of places on this forum for long long time.
Kenshinto80
13-01-13, 03:37
Concrete jungle can never be comparable to nature places like Mt Sinai, Bukit Timah, Hillview and Chestnut drive etc.
You forgot to mention Lim Chu Kang hill area.....the views and nature awesome there.
You forgot to mention Lim Chu Kang hill area.....the views and nature awesome there.
what is about LCK hill area?
How come you have not bought a condo unit yet? I recall seeing your posts at lots of places on this forum for long long time.
Hi..I almost got one until someone whistleblow.
Kenshinto80
13-01-13, 08:57
what is about LCK hill area?
I used to go there often for battalion exercise...truly close to nature. Yeowetan wants close to nature and no concrete jungle mah.
What so good about this project besides the mrt stn? Pls advice. :confused:
Went there this afternoon. One agent told me that they sold around 10 units this morning, mostly 1st time buyer.
I used to go there often for battalion exercise...truly close to nature. Yeowetan wants close to nature and no concrete jungle mah.
Areas A B C D E... How I miss them... :)
What so good about this project besides the mrt stn? Pls advice. :confused:
the only good thing is: it is launch just before cm7 date :D
buyers no time to think, just wrack at any price that developer ask
Hi...Is the La Fiesta project still going strong. As what other forummers mentioned, the magic of 23:59 hr of tonight will be dated on 11st Jan 2013?
Kenshinto80
13-01-13, 12:48
Areas A B C D E... How I miss them... :)
Haha, you still can remember the area zoning. Good memory!
Kenshinto80
13-01-13, 12:50
Hi...Is the La Fiesta project still going strong. As what other forummers mentioned, the magic of 23:59 hr of tonight will be dated on 11st Jan 2013?
No lah, not true. This will get EL into trouble with the government comptroller. So of course everything is by the book.
Kenshinto80
13-01-13, 12:51
Hi..I almost got one until someone whistleblow.
Who whistle blow on you?
bakasa2002
15-01-13, 21:16
No updates on La Fiesta night after Fri nite fever? ;)
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
Pikachu1245
15-01-13, 22:41
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
Guess it is due to the fact that it i very very near mrt. This is reletively cheap when compared to watertown which is in the range of 1300psf-1500psf :beats-me-man:
bakasa2002
15-01-13, 22:49
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
Any sales figures? 1200 for not so good facing ... Wow!
Any sales figures? 1200 for not so good facing ... Wow!
hahaha.. Next to LRT track.. Opp already HDB..
The best joke of all is the dual key. After you open the main door, you are expecting to see two doors right... But La Fiesta different, the smaller unit(studio) have a door but the bigger unit (2-rm) don't have.. I ask the agent why? She just smile and say she also cannot understand...:doh:
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
you know how much is the 1 bedder? I know is fully sold in 1st hour... intended to get 1 and was there on fri nite, but when saw the queue, give up:doh:
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
Cheapest 2 bedders should be stacks 14 and 15 which are next to the tennis court.
Stack 21 is beside LRT track, stack 17 is the one behind bus stop.
Any sales figures? 1200 for not so good facing ... Wow!
2 bedders don't have good facing in general. Either face tea garden, Compass Heights or HDB.
surprising, agent tell me 25 units sold on weekend.
surprising, agent tell me 25 units sold on weekend.
25 units on Saturday and Sunday?
Went there to have a look.... the cheapest unit there is 2 bedder #02-21 $852552 for 732sqft facing bus stop.
Tea garden facing 2 bedder 732sqft #02-29 732sqft is $883165.
Price is already discounted 12% + 3% + 7%
:doh: :scared-3: :scared-4:
Do u have the price for the 3 bedder to share? Thanks.
25 units on Saturday and Sunday? that is what he told me.
Went there this afternoon. One agent told me that they sold around 10 units this morning, mostly 1st time buyer.
Seems like the project is selling very well even after CM.
Pikachu1245
20-01-13, 13:43
Seems like the project is selling very well even after CM.
Believe the main attraction is La Fiesta has the advantage of being very very close to mrt/mall/food centre/interchange. Less than 3 mins / 200m to mrt & mall. Not many PCs can match this criteria.Not even luxurie next door. lol
Believe the main attraction is La Fiesta has the advantage of being very very close to mrt/mall/food centre/interchange. Less than 3 mins / 200m to mrt & mall. Not many PCs can match this criteria.Not even luxurie next door. lol
New launches still attracting crowds but... (http://www.straitstimes.com/premium/top-the-news/story/new-launches-still-attracting-crowds-20130121)
EL Development's 810-unit La Fiesta in Sengkang sold another eight units during the weekend, bringing total sales to about 380 units since its launch.
The showflat of this project next to Sengkang Square has been bustling with people since its launch on the night of Jan 11, and the crowds have barely abated.
I went la fieta today and saw the prices after 22% is selling for 1.02m for low floor 883sq/ft compact 3 bed room. :doh:
Kenshinto80
21-01-13, 21:23
I went la fieta today and saw the prices after 22% is selling for 1.02m for low floor 883sq/ft compact 3 bed room. :doh:
What would be a good price to wait for this development to correct to? 1000psf reasonable?
What would be a good price to wait for this development to correct to? 1000psf reasonable?
wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset? :doh: :doh:
What would be a good price to wait for this development to correct to? 1000psf reasonable?
Do you think at this point in time this project selling 1.4m (list price) for a 883sq/ft reasonable?
Soon we will see outskirts region pc list price at 2m for a less than 1000sq/ft and soon giving 50% discount. :doh:
Do you think at this point in time this project selling 1.4m (list price) for a 883sq/ft reasonable?
Soon we will see outskirts region pc list price at 2m for a less than 1000sq/ft and soon giving 50% discount. :doh:This price is definitely not sustainable... the same price can get a 3 bedder at 8 riversuites right at the doorstep of CBD, also along NEL. Ridiculous call...
wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset? :doh: :doh:
I dont see why not....its already happening at D"Leeton...
I dont see why not....its already happening at D"Leeton...
have u done ur research? what were the launch prices back in 2010?
have u done ur research? what were the launch prices back in 2010?
You dont need to do research...just walk into the show room to check lah...
Pikachu1245
21-01-13, 22:20
What would be a good price to wait for this development to correct to? 1000psf reasonable?
All condo that is supernear mrt/mall/bus interchange (3min or less)already in $1100 -$1700 range. Wait long long....My guess is price will correct but upwards.....:2cents:
I can only say property developers are earning big bucks...time to set up a developer firm and start to bid for land. Haha
Pikachu1245
21-01-13, 22:47
I can only say property developers are earning big bucks...time to set up a developer firm and start to bid for land. Haha
Or buy developer shares lor....lol
Kenshinto80
22-01-13, 05:07
wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset? :doh: :doh:
Have you done your research properly? Dun always act smart lah. During the 2008 GFC, there were a few developers who did drop prices below launched price. You seemed to think that property prices will always go up....very naive. Obviously, you have not heard of property cycle. Short term fluctuation. Also seems that you have not been through the last recession. OMG. But I think that is the trouble of self professed property guru.
Anyway, I was just asking for what a forumer think is reasonable price since he seems to find it incredulous that a 3 bedder cost 1.02mil. :)
For me the price is just too much and simply trying their luck. At that price, u can get a suburban district why go and buy Sengkang.
And who say the developers cannot drop their price? If the sales remain weak, more discount will be coming out. This is market mechanism. Now is the period to test who is more patient...
Have you done your research properly? Dun always act smart lah. During the 2008 GFC, there were a few developers who did drop prices below launched price. You seemed to think that property prices will always go up....very naive. Obviously, you have not heard of property cycle. Short term fluctuation. Also seems that you have not been through the last recession. OMG. But I think that is the trouble of self professed property guru.
Anyway, I was just asking for what a forumer think is reasonable price since he seems to find it incredulous that a 3 bedder cost 1.02mil. :)
Of course ups and downs will happen. Even not too long ago, Minton just did a 5%discount. I'm speaking of this project itself. If you are so knowledgeable, good luck waiting for this to drop in price hope you pick up a good steal :) :cheers6:
[QUOTE=
Anyway, I was just asking for what a forumer think is reasonable price since he seems to find it incredulous that a 3 bedder cost 1.02mil. :)[/QUOTE]
Let me give you the answer for the above. It still voice down to supply and demand at the end of the day.
If today, OCR near mrt 883sq/ft is selling at 2m, is this reasonable? If there are so many people snapping up the units and willing to pay for the price and demand is there, this is call market driven prices.
So people may say it absurd, but think again, it's all driven by demand and people willing to pay.
I went la fieta today and saw the prices after 22% is selling for 1.02m for low floor 883sq/ft compact 3 bed room. :doh:
news say average price is 985psf. yet, asking price for a 3BR compact (which should be QUITE average) is 1155psf.
sounds funny right?
news say average price is 985psf. yet, asking price for a 3BR compact (which should be QUITE average) is 1155psf.
sounds funny right?
It's very clear now, developer had increased price for this project due to the fast snap up rate.
As for the news had reported, I guess is only for a few big units as psf tends to be lower. For confirmed prices, shall look at the caveat prices from URA ppty apps.
news say average price is 985psf. yet, asking price for a 3BR compact (which should be QUITE average) is 1155psf.
sounds funny right?
985psf is qbay lah - Over 210 units at Q Bay Residences sold during preview (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1248819/1/.html)
this is 1125psf lah
Property developers to get more creative: analysts (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1249296/1/.html)
Posted: 21 January 2013 1917 hr
Most of the deals were done before the cooling measures kicked in on January 12. Since then, sales have cooled and just eight units were sold over the weekend. Its developer, EL Development, has offered discounts of up to 24 per cent off the selling price.
On average, a unit at La Fiesta Costa about S$1,125 per square foot after discount.
It hopes to deliver the new units a year ahead of schedule by June 2016.
The committed date for delivery of the units was originally set at June 2017.
It will start work earlier and adopt more efficient construction techniques.
Lim Yew Soon, managing director at EL Development, said: "Initially, we are thinking of starting in April, May. We will speed up our construction progress, we intend to commence construction in March, early March. By completing our project earlier, we believe we will be able to draw buyers who are looking for self-occupation."
(http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1249296/1/.html)
No one can be right in predicting correctly on when the property prices can come down not even GOD. Experts can only predict base on economic outlook, property cycle trends, interests rates trends, property supply etc.
For economics, anything that's goes up will come down, the magically question is "when" and down by "how much".
If you plot a 30 yrs property chart, you will be able to see that we are now at the peak of the property cycle.
Will prices continue to go up?
It still greatly depends on how strong the demand is.
I would only say from a point of investing which is the risk level for investing a property is relative much higher at this juncture, haing said that, it doesn't mean will sure lose $$$ or sure make.
news say average price is 985psf. yet, asking price for a 3BR compact (which should be QUITE average) is 1155psf.
sounds funny right? 985psf is qbay lah - Over 210 units at Q Bay Residences sold during preview (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1248819/1/.html)
this is 1125psf lah
Property developers to get more creative: analysts (http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1249296/1/.html)
Posted: 21 January 2013 1917 hr
Most of the deals were done before the cooling measures kicked in on January 12. Since then, sales have cooled and just eight units were sold over the weekend. Its developer, EL Development, has offered discounts of up to 24 per cent off the selling price.
On average, a unit at La Fiesta Costa about S$1,125 per square foot after discount.
It hopes to deliver the new units a year ahead of schedule by June 2016.
The committed date for delivery of the units was originally set at June 2017.
It will start work earlier and adopt more efficient construction techniques.
Lim Yew Soon, managing director at EL Development, said: "Initially, we are thinking of starting in April, May. We will speed up our construction progress, we intend to commence construction in March, early March. By completing our project earlier, we believe we will be able to draw buyers who are looking for self-occupation."
(http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1249296/1/.html)
paisei, qbay is also not 985psf as reported earlier liao, it is 1007psf (http://forums.condosingapore.com/showpost.php?p=360069&postcount=833)
I was at the showroom over the weekend. Price to end buyer still the same, they just re-gross up the list price to include a so-called 7% ABSD disc. Low floor 2-bed about 1190psf, low floor 3-bed about 1160psf.
This price is definitely not sustainable... the same price can get a 3 bedder at 8 riversuites right at the doorstep of CBD, also along NEL. Ridiculous call...
i think apart from price, both being so near to MRT 6 stop away say 12+- apart
but one thing I cannot cant swallow, is also 8 riversuites layout
they are just plain bad...thier 3 bedder
2 balconies + big AL + open concept kitchen, at door entrance
and MSCP
average price at 1300psf
it is going slow....it is not just price ....
I was at the showroom over the weekend. Price to end buyer still the same, they just re-gross up the list price to include a so-called 7% ABSD disc. Low floor 2-bed about 1190psf, low floor 3-bed about 1160psf.
Neighbour by keppel low floor 3 bed was 1000psf+-
last i check 3-4month ago, still have stock!!!!
Neighbour by keppel low floor 3 bed was 1000psf+-
last i check 3-4month ago, still have stock!!!!
When I was there recently, Luxurie only had 2 bedders left and the cheapest 732sqft unit was going at 879k. That works out to be 1200psf
People who buy for own stay may not necessary like it to be near the hustle and bustle of CBD. Other considerations are near to their parents, their work place, etc
When I was there recently, Luxurie only had 2 bedders left and the cheapest 732sqft unit was going at 879k. That works out to be 1200psf
honestly if gun on my head, if both is 1200psf 2 bed i will choose keppel...
the showroom experience, product presentation, finishing, plot of land not so near LRT
la fiesta...abit err.....
honestly if gun on my head, if both is 1200psf 2 bed i will choose keppel...
the showroom experience, product presentation, finishing, plot of land not so near LRT
la fiesta...abit err.....
To each his own. There are many who shun Luxurie and they each have their own reasons
paisei, qbay is also not 985psf as reported earlier liao, it is 1007psf (http://forums.condosingapore.com/showpost.php?p=360069&postcount=833)
yah, my bad. the 2 devps very similar to me. :doh:
If you plot a 30 yrs property chart, you will be able to see that we are now at the peak of the property cycle.
Will prices continue to go up?
It still greatly depends on how strong the demand is.
I would only say from a point of investing which is the risk level for investing a property is relative much higher at this juncture, haing said that, it doesn't mean will sure lose $$$ or sure make.
normally my investment principle is that upside must be at least 2x the downside. from the 30 yrs chart, definitely downside is greater.
To each his own. There are many who shun Luxurie and they each have their own reasons
fair enough.....:cheers6:
it can be quite a personal affairs...price apart....
For me as investor, I will be very concern with the rental yield for this project.
For a 3bed room condo at compass height is only renting for 3.5-4k currently.
If today, I purchase a 3bed room at la fiesta and still renting 3.5-4k monthly, wouldn't my rental ROI is less than 3% p.a after factoring property taxes and misc?
Some points for u to ponder.
For me as investor, I will be very concern with the rental yield for this project.
For a 3bed room condo at compass height is only renting for 3.5-4k currently.
If today, I purchase a 3bed room at la fiesta and still renting 3.5-4k monthly, wouldn't my rental ROI is less than 3% p.a after factoring property taxes and misc?
Some points for u to ponder.
At the moment still better than put in banks ... Furthermore they maybe buying fir their children
honestly if gun on my head, if both is 1200psf 2 bed i will choose keppel...
the showroom experience, product presentation, finishing, plot of land not so near LRT
la fiesta...abit err.....
Honestly, i dont need a gun to reject a 99LH for 2br at this location..
Pikachu1245
22-01-13, 17:41
paisei, qbay is also not 985psf as reported earlier liao, it is 1007psf (http://forums.condosingapore.com/showpost.php?p=360069&postcount=833)
Between $1007psf and $11XX psf, isn't it more logical to get one that is very much nearer to mrt. La Fiesta is 1-3min /about 150m from Sengkang mrt/mall whereas Q bay is probably more than 900m away from Tampines mrts(current and future).:confused:
Kenshinto80
22-01-13, 18:07
Of course ups and downs will happen. Even not too long ago, Minton just did a 5%discount. I'm speaking of this project itself. If you are so knowledgeable, good luck waiting for this to drop in price hope you pick up a good steal :) :cheers6:
Firstly, I did not say I am knowledgeable.
Secondly, I am not waiting for the price to drop. No where did I state that I am waiting for the price to drop.
Thirdly, you are the self professed knowledgeable person with all your Smart Alec remarks every where. You are also the naive one who thinks that developers will not drop its price and make the earlier buyers upset. Let me quote you exactly: "wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset?"
I merely pointed out that you are wrong even if speaking of a project itself. Let me give you an example, Kovan Residence. Those who bought later on than the preview got it at a lower price during the GFC.
Last but not least, glad that you learnt that there are ups and down.
Between $1007psf and $11XX psf, isn't it more logical to get one that is very much nearer to mrt. La Fiesta is 1-3min /about 150m from Sengkang mrt/mall whereas Q bay is probably more than 900m away from Tampines mrts(current and future).:confused:
I don't dare say which is better...
I guess both projects haves its' pros, else no one will bite :D
Between $1007psf and $11XX psf, isn't it more logical to get one that is very much nearer to mrt. La Fiesta is 1-3min /about 150m from Sengkang mrt/mall whereas Q bay is probably more than 900m away from Tampines mrts(current and future).:confused:
Some people will just avoid sengkang and punggol. They will associate these areas with cheap bto flats. My 2cents.
Some people will just avoid sengkang and punggol. They will associate these areas with cheap bto flats. My 2cents.
一分钱一分货 la, along north east line, potong pasir > kovan > sengkang/punngol
if all price same, confirm go for potong pasir right?
pros and cons are all priced in.
If budget not issue, all go stay in ccr right.
一分钱一分货 la, along north east line, potong pasir > kovan > sengkang/punngol
if all price same, confirm go for potong pasir right?
pros and cons are all priced in.
If budget not issue, all go stay in ccr right.
He/she is comparing la fiesta and qbay.
i think apart from price, both being so near to MRT 6 stop away say 12+- apart
but one thing I cannot cant swallow, is also 8 riversuites layout
they are just plain bad...thier 3 bedder
2 balconies + big AL + open concept kitchen, at door entrance
and MSCP
average price at 1300psf
it is going slow....it is not just price ....I don't disagree about the bad layout...
Firstly, I did not say I am knowledgeable.
Secondly, I am not waiting for the price to drop. No where did I state that I am waiting for the price to drop.
Thirdly, you are the self professed knowledgeable person with all your Smart Alec remarks every where. You are also the naive one who thinks that developers will not drop its price and make the earlier buyers upset. Let me quote you exactly: "wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset?"
I merely pointed out that you are wrong even if speaking of a project itself. Let me give you an example, Kovan Residence. Those who bought later on than the preview got it at a lower price during the GFC.
Last but not least, glad that you learnt that there are ups and down.
dude, why get so personal over a forum. i can't be bothered quoting you.
u can stick to your own opinions then no point debating.
Cheers:D :cheers4:
All condo that is supernear mrt/mall/bus interchange (3min or less)already in $1100 -$1700 range. Wait long long....My guess is price will correct but upwards.....:2cents:
He's waiting for the next GFC la not CMs, since he quoted 2008 examples. :doh:
He's waiting for the next GFC la not CMs, since he quoted 2008 examples. :doh:
Bro, what is GFC? General Freehold Condo?
Bro, what is GFC? General Freehold Condo?
The Global Financial Crisis 2007 - 2008 :D :cheers4:
Basically he's quoting examples of developers dropping prices during those periods of bad financial crisis. But i dun see a crisis now, only CMs. Do you?:beats-me-man:
Kenshinto80
22-01-13, 21:47
dude, why get so personal over a forum. i can't be bothered quoting you.
u can stick to your own opinions then no point debating.
Cheers:D :cheers4:
Hi Mate, I am not getting personal. You need to differentiate between opinions and facts. You never get your facts right, but go around suaning people. Twisting facts and then masquerading them as opinions seems your way of debating and side lining issues.
Normally, I can't be bothered with shady and act clever characters like you, but I am feeling prettz bored this past 2 days....so decided to engage with you when you make snide remarks....
But cheers man, I am cool.
The Global Financial Crisis 2007 - 2008 :D :cheers4:
Basically he's quoting examples of developers dropping prices during those periods of bad financial crisis. But i dun see a crisis now, only CMs. Do you?:beats-me-man:
Well, 2007 is a very good bull run for the property market, 2008, prices doesn't really come off much although STI index had fallen more than 20% by the end of 2008.
The only period property developers cut their price making a loss sales in certain projects was in feb-April 2009 when STI dropped till 1300. There were massive irrational selling and no one dare to buy, developers are scared too, but this case doesn't last more than 1 quarters, before anyone realize it, price start to inch forward...up ...up...up...till now.
As for now, I do not see any strong reasons for the property prices to come down sharply or developers have a need to really give deep discount till their books are in red simply due to the great demand at this juncture.
Recession in US? Europe? They are great magicians for now to solve most financial miracles as in for now...:)
Interests rates will still be low for the next 2 yrs for sure due to market uncertainty...Singapore govt cannot afford to hike int rates to hurt business profits...loans will go up, overhead to go up, retrenchment will start and biz unable to sustain and go bust etc...
Shall really need to see the real impact of the new CM 7 in the next couple of mths.
Prices may soften abit...but don't think will be a lot.
Just my 2cents comments.
Kenshinto80
22-01-13, 22:14
Well, 2007 is a very good bull run for the property market, 2008, prices doesn't really come off much although STI index had fallen more than 20% by the end of 2008.
The only period property developers cut their price making a loss sales in certain projects was in feb-April 2009 when STI dropped till 1300. There were massive irrational selling and no one dare to buy, developers are scared too, but this case doesn't last more than 1 quarters, before anyone realize it, price start to inch forward...up ...up...up...till now.
As for now, I do not see any strong reasons for the property prices to come down sharply or developers have a need to really give deep discount till their books are in red simply due to the great demand at this juncture.
Recession in US? Europe? They are great magicians for now to solve most financial miracles as in for now...:)
Interests rates will still be low for the next 2 yrs for sure due to market uncertainty...Singapore govt cannot afford to hike int rates to hurt business profits...loans will go up, overhead to go up, retrenchment will start and biz unable to sustain and go bust etc...
Shall really need to see the real impact of the new CM 7 in the next couple of mths.
Prices may soften abit...but don't think will be a lot.
Just my 2cents comments.
Hi Bro, good analysis. So when you yourself previously exclaimed 1.02mil for 883sqft 3 bedder, I guess you got overly excited. Strange that because i ask you for your opinion of the market direction that the ever intelligent Mr Price self concluded that I am waiting for a huge drop in La Feista pricing.
Hi Bro, good analysis. So when you yourself previously exclaimed 1.02mil for 883sqft 3 bedder, I guess you got overly excited. Strange that because i ask you for your opinion of the market direction that the ever intelligent Mr Price self concluded that I am waiting for a huge drop in La Feista pricing.
I personally that 1.02m for a 883sqft low floor lousy facing after the 22% discount is still over price, that's why I mentioned it here.
Honestly, with this pricing, there are a lot of options in D12, the trade off is near city but may not be near in mrt.
My view is this project will stuck for a while like wat Luxurie had experience. Compare to Parc Centros which had already sold out in around 4mths. The price is the factor. Some say Condo price = 2X HDB resale(nearby). So y Punggol and Sengkang Condo have diff since almost the same price ?
strait times full page advertisement stated "ABSD discount available" !
anyone got details ? :D
strait times full page advertisement stated "ABSD discount available" !
anyone got details ? :D
I went to the showroom, a 883sqft list price is at 1.4m+++ they will give u 22% discount which includes the ABSD discount which makes it to be 1.03m.
Pikachu1245
26-01-13, 21:56
Some people will just avoid sengkang and punggol. They will associate these areas with cheap bto flats. My 2cents.
Those who want it can buy now. Sengkang or Punggol or anywhere that is very near mrt (1-3min).
Those not sure can wait and wait but do not wait too long because...$1100psf -$1200psf then later $1200psf -$1300psf then later then $1300psf-$1400psf...then later $1400psf-$1500psf....when CM released eventually, don't be surprise if it hit $1800-$1900...
Reasons:
1. Inflation
2. Higher manpower cost
3. Higher construction cost
4. Higher land cost
5. Anyone (all over the world) with enough cash can buy
6. Not many development 1-3 min away from mrt stations
7. Many including punggol/Jurong/Sengkang PCs that are very very near mrt(1-3min) already in $1100-$1500 psf
Best of luck for those who wait for opportunities to buy but cannot due to budget or latest CMs.......
My :2cents: view.
Buy here if you like WP coz soon its gonna be... North WP, south also WP. Slightly east also WP... Lol...
I want but disabled by the latest CM ....sianz. Q also cannot get my 1 bedder. :p
I went to the showroom, a 883sqft list price is at 1.4m+++ they will give u 22% discount which includes the ABSD discount which makes it to be 1.03m.
are people biting at that price?? not that cheap.
Buy here if you like WP coz soon its gonna be... North WP, south also WP. Slightly east also WP... Lol...
Sengkang mrt is under pasir ris punggol grc... North is sea, not up for election :D
are people biting at that price?? not that cheap.
Exactly, it's really not cheap esp from investment point of view as rental yield are less than 3%. For those who bought with intention of owners occupation won't care much about the property pricing coming down and low rental yield as they need a shelter to live in.
This project price at such unattractive prices would shun investors eventually if the sales doesn't move as per expectation, prices would sure come down.
Those people who rush in on the Friday (cm7 released date) to grab a unit are generally buying on emotion.
With market uncertainty, do u think is possible for market to price outskirts project till 1600-1800? I think before 1300, govt will impose CM8.
The govt had sent a clear message to the developers, which is prices to be stable and NOT higher pricing. They will do more if needed and I don't think developer will dare to mess around with the govt esp the message is so clear.
My take is, prices is starting to come down from what I see from now.
SINGAPORE: Property group Keppel Land expects new home sales in Singapore to "come down quite a bit" this year, after new private home sales hit a record 22,000 units in 2012.
The developer of Reflections at Keppel Bay is not going to rush into launching new projects in the coming months. Instead, Keppel Land is adopting a wait-and-see approach, before making its next move. This after the seventh round of property cooling measures were introduced by the government earlier this month.
Already, some developers, like Qbay, have announced discounts to move sales.
Ang Wee Gee, CEO of Keppel Land, said: "We see prices perhaps consolidating. But we don't see a major correction. But neither do we see the price spiking further because the government will introduce further measures to dampen it. So I suppose where the situation, where the upside possibility is not high, but the downside risk may not be that high as well."
Keppel Land has a huge cash position of S$1.6 billion. This gives it holding power from launching new projects till markets improve. But the company reports net profit in Q4 2012 halved from a year earlier to S$527.3 million. Full year net profit was 39 per cent lower at S$838.37 million.
Still, Keppel Land's earnings beat analysts expectations.
Wilson Liew, an analyst at Maybank-Kim Eng, said: "We are looking at how China sales performed this year as they have shown in FY 2012 that sales rebounded somewhat, and we hope to see the sales momentum to be carried into 2013.
"We also would look out for the potential divestment of Marina Bay Financial Centre Tower 3, sometime this year. In Singapore, we are likely to see a slowdown in sales for the next three months on the back of the cooling measures.
"But we still think that the long-term fundamentals are still attractive, particularly for the residential sector and we will lookout how well Keppel Land does in their launches, such as the ones in Tanah Merah."
Key contributors to last year's total sales of 2,350 homes, Singapore and China will continue to be Keppel Land's core market. The property giant said the stringent cooling measures introduced in the two countries will prevent asset bubbles from forming, supporting a healthy development of these markets. So far, half of Keppel Land's assets are in Singapore, while 35 per cent are in China.
Keppel Land also proposed a final dividend of 12 cents per share.
-CNA/ac
Kenshinto80
27-01-13, 05:21
Exactly, it's really not cheap esp from investment point of view as rental yield are less than 3%. For those who bought with intention of owners occupation won't care much about the property pricing coming down and low rental yield as they need a shelter to live in.
This project price at such unattractive prices would shun investors eventually if the sales doesn't move as per expectation, prices would sure come down.
Those people who rush in on the Friday (cm7 released date) to grab a unit are generally buying on emotion.
With market uncertainty, do u think is possible for market to price outskirts project till 1600-1800? I think before 1300, govt will impose CM8.
The govt had sent a clear message to the developers, which is prices to be stable and NOT higher pricing. They will do more if needed and I don't think developer will dare to mess around with the govt esp the message is so clear.
My take is, prices is starting to come down from what I see from now.
Bro, careful on your views on this thread, there are forumer such as the self professed expert Price on this forum who will laugh at your opinions and smirk at your comments. Obviously, he thinks it is impossible for the price to drop. He holds the naive view that a developer will never drop its price.
wait?! lol wait long long. do u think the developer will drop its price and make the earlier buyers upset? :doh: :doh:
Sengkang mrt is under pasir ris punggol grc... North is sea, not up for election :DOops... ok... thought its SMC. Anyway pasir ris also dangerous now... Lol... east and north east or targets already... :sleep:
Bro, careful on your views on this thread, there are forumer such as the self professed expert Price on this forum who will laugh at your opinions and smirk at your comments. Obviously, he thinks it is impossible for the price to drop. He holds the naive view that a developer will never drop its price.
Here Is an open forum, it only forms one's view. No one can be absolutely correct nor wrong. We will only know when that happens.
However, when we talk about facts, those are reality. Those people with based views that market won't drop usually have vested interests in the property.
Oops... ok... thought its SMC. Anyway pasir ris also dangerous now... Lol... east and north east or targets already... :sleep:
from what i see, maybe left only amk and jurong not dangerous :rolleyes:
anyone been to the showflat over the weekend? anyone knows the latest, like how many units moved, pricing etc?
anyone been to the showflat over the weekend? anyone knows the latest, like how many units moved, pricing etc?
They advertised giving discount, not too sure how much?
Pikachu1245
29-01-13, 20:09
They advertised giving discount, not too sure how much?
Some thought sales of 'The Luxurie' condo is poor , including myself. Later then I realise developer is clever and rather hold unit and sell later as price trends upwards eventually. Believe Luxurie is now left with 7 units or less.
True enough, latest URA caveat indicate price is $1111 per square foot for 'The Luxurie' condo.
For those who want the convenience of mrt/mall/bus interchange/food court within 1-3min walk (covered walkway somemore for La Fiesta) and can afford it, my advice is buy now(but only buy within your means) as
inflation, QE by many big countries will only lead to higher prices. This is true not only for housing, transport, food etc. By launching CM7, our govt already do their part to slow it down and not cause deflation (as in Japan which is worse)....My :2cents: view
luxurie sales started very slowly, how time flies.
bakasa2002
29-01-13, 21:11
Some thought sales of 'The Luxurie' condo is poor , including myself. Later then I realise developer is clever and rather hold unit and sell later as price trends upwards eventually. Believe Luxurie is now left with 7 units or less.
True enough, latest URA caveat indicate price is $1111 per square foot for 'The Luxurie' condo.
It attest to the holding power of Keppel Land. :D
Some thought sales of 'The Luxurie' condo is poor , including myself. Later then I realise developer is clever and rather hold unit and sell later as price trends upwards eventually. Believe Luxurie is now left with 7 units or less.
True enough, latest URA caveat indicate price is $1111 per square foot for 'The Luxurie' condo.
For those who want the convenience of mrt/mall/bus interchange/food court within 1-3min walk (covered walkway somemore for La Fiesta) and can afford it, my advice is buy now(but only buy within your means) as
inflation, QE by many big countries will only lead to higher prices. This is true not only for housing, transport, food etc. By launching CM7, our govt already do their part to slow it down and not cause deflation (as in Japan which is worse)....My :2cents: view
That's why lor
I think if lucky can get 9xx for 3 bedder 1000sqf, but low floor la
When revisit again, found out gone already
bargain hunter
07-02-13, 19:28
Weekend sales were also slow at La Fiesta, which sold just seven units, mostly two-bedders, although all its one-bedroom units have been taken, said Mr Lim Yew Soon, managing director of developer EL Development.
The project has sold 405 out of 810 units at an average price of $1,150 per sq ft since the Jan 11 preview launch.
should be those 11-jan-2013 night buyers :D
2013-01-24 #XX-XX New Sale 732 1,185 867,000 HDB
2013-01-23 #XX-XX New Sale 753 1,121 845,000 HDB
2013-01-23 #XX-XX New Sale 732 1,157 847,000 HDB
2013-01-22 #XX-XX New Sale 570 1,083 618,000 HDB
2013-01-22 #XX-XX New Sale 753 1,155 870,000 HDB
2013-01-21 #XX-XX New Sale 431 1,327 571,500 HDB
2013-01-21 #XX-XX New Sale 431 1,333 574,000 HDB
2013-01-21 #XX-XX New Sale 732 1,174 859,500 HDB
2013-01-21 #XX-XX New Sale 732 1,197 876,000 HDB
2013-01-17 #XX-XX New Sale 452 1,255 567,500 Private
bargain hunter
08-02-13, 14:04
really all hdb while the private one quickly grabbed the one bedder to siam stamp duty.
should be those 11-jan-2013 night buyers :D
2013-01-24 #XX-XX New Sale 732 1,185 867,000 HDB
2013-01-23 #XX-XX New Sale 753 1,121 845,000 HDB
2013-01-23 #XX-XX New Sale 732 1,157 847,000 HDB
2013-01-22 #XX-XX New Sale 570 1,083 618,000 HDB
2013-01-22 #XX-XX New Sale 753 1,155 870,000 HDB
2013-01-21 #XX-XX New Sale 431 1,327 571,500 HDB
2013-01-21 #XX-XX New Sale 431 1,333 574,000 HDB
2013-01-21 #XX-XX New Sale 732 1,174 859,500 HDB
2013-01-21 #XX-XX New Sale 732 1,197 876,000 HDB
2013-01-17 #XX-XX New Sale 452 1,255 567,500 Private
kirchhoff_liz
13-02-13, 14:18
it seem like project is moving well.
Based on sales as of today, more than 80% sold if haven considered released units. 3 Bedroom dual key only left one unit (Gound floor).
BTW i bought Stack 26, any neighbours here?
Stack 26 only left level 14
it seem like project is moving well.
Based on sales as of today, more than 80% sold if haven considered released units. 3 Bedroom dual key only left one unit (Gound floor).
BTW i bought Stack 26, any neighbours here?
Stack 26 only left level 14
I would say this project is doing ok only.
it seem like project is moving well.
Based on sales as of today, more than 80% sold if haven considered released units. 3 Bedroom dual key only left one unit (Gound floor).
BTW i bought Stack 26, any neighbours here?
Stack 26 only left level 14
Not as well as i would have thought. Quite slow in consideration that this is literally next to MRT. Maybe the novelty of an MRT is wearing off, but most probably it is due to cm7.
rymccondo77
14-02-13, 13:30
The Luxurie, the condo next door, definitely benefited from the launch of La Fiesta - now almost sold out (or even be sold out by now).
kirchhoff_liz
14-02-13, 13:47
Is it??? We went there more than 3 times as our house is near. Last visit was last week.Can see the difference of the units being sold.
Initially we thought of investing Sennett [haven launched yet] . Due to high land cost, construction cost , cm7 and etc...... ..it should be fetching more than psf$1500. Even developer is giving "discount" later, it will still be exp for us to invest. With the same amount i paid for, I can get higher floor and bigger floor size in La Fiesta.
Hospital will be ready in 2018, there will be more FT Dr to work there as Spore Dr prefer to work in private sector. Lots of rental opportunities there. At least La Fiesta is much cheaper than Watertown.
The neighbor project is moving even slower.
Pass-by everyday, near to almost a yr, construction just started.
Is it??? We went there more than 3 times as our house is near. Last visit was last week.Can see the difference of the units being sold.
Initially we thought of investing Sennett [haven launched yet] . Due to high land cost, construction cost , cm7 and etc...... ..it should be fetching more than psf$1500. Even developer is giving "discount" later, it will still be exp for us to invest. With the same amount i paid for, I can get higher floor and bigger floor size in La Fiesta.
Hospital will be ready in 2018, there will be more FT Dr to work there as Spore Dr prefer to work in private sector. Lots of rental opportunities there. At least La Fiesta is much cheaper than Watertown.
The neighbor project is moving even slower.
Pass-by everyday, near to almost a yr, construction just started.
actually if you compare WT's launched prices, it's almost the same or even cheaper. the 1 bedders at WT during launch were only at 1kpsf.
actually if you compare WT's launched prices, it's almost the same or even cheaper. the 1 bedders at WT during launch were only at 1kpsf.
er... beside the 2 famous capland proj, are there any project that are selling cheaper than 1 year ago price ? :rolleyes:
er... beside the 2 famous capland proj, are there any project that are selling cheaper than 1 year ago price ? :rolleyes:
actually if u check both d'leedon and interlace prices, the average transacted prices and current selling prices dun differ that much. it's all marketing techniques to make the customers feel that they are getting a big 10% discount :scared-1:
actually if u check both d'leedon and interlace prices, the average transacted prices and current selling prices dun differ that much. it's all marketing techniques to make the customers feel that they are getting a big 10% discount :scared-1:
aiya, then the more cannot compare current La Fiesta price with WT launch price right (can compare WT current price) :D
Their 453sqft unit psf comparable to a WT Soho unit, issit a high ceiling unit?
Any discount from the price lodged in caveat, WT do have some discount?
kirchhoff_liz
15-02-13, 23:06
URA website released Jan sales data, for la fiesta, launched till date 500 units, sold 404 units, so slightly > 80% sold.....not too shabby I thought.... Lets wait and see for Feb data @-@. Btw, we bought our unit in Feb, so we contributed one count for Feb already hee
Their 453sqft unit psf comparable to a WT Soho unit, issit a high ceiling unit?
Any discount from the price lodged in caveat, WT do have some discount?
I think LF don't have hi ceiling even for grd flr
Kenshinto80
16-02-13, 19:50
URA website released Jan sales data, for la fiesta, launched till date 500 units, sold 404 units, so slightly > 80% sold.....not too shabby I thought.... Lets wait and see for Feb data @-@. Btw, we bought our unit in Feb, so we contributed one count for Feb already hee
Congrats on your purchase! My relative and myself tried to get a one bedder here but unfortunately did not get one. There was a return of a pool facing one bedder recently but did not have luck in the balloting.
I like the covered linkway to the overhead bridge and short walking distance to MRT.
URA website released Jan sales data, for la fiesta, launched till date 500 units, sold 404 units, so slightly > 80% sold.....not too shabby I thought.... Lets wait and see for Feb data @-@. Btw, we bought our unit in Feb, so we contributed one count for Feb already hee
Congrats kirchhoff_lizz
hi all,
i am new here..
going to park here too cos. i feel this is a good buy. been there, so such an quiet and peaceful place and just a stone throw away you there is mall, intercharge, MRT, LRT.. (no i am not an agent) :P
it seem like project is moving well.
Based on sales as of today, more than 80% sold if haven considered released units. 3 Bedroom dual key only left one unit (Gound floor).
BTW i bought Stack 26, any neighbours here?
Stack 26 only left level 14
I bought stack 41. :)
I bought stack 41. :)
wow... 5 bedroom?!?
wow... 5 bedroom?!?
We wanted one without west facing and slightly bigger unit. We need to cater one room for prayer and one study. We even remove the dry kitchen island to free up space for dinning. Nowadays, living room of condo units are vey small...
Kenshinto80
17-02-13, 15:03
We wanted one without west facing and slightly bigger unit. We need to cater one room for prayer and one study. We even remove the dry kitchen island to free up space for dinning. Nowadays, living room of condo units are vey small...
5 bedroom is cool! What attracts you to this development? Can share?
5 bedroom is cool! What attracts you to this development? Can share?
We are staying few blocks away from LF. We have been looking for development near mrt. Our kids are also studying in Nan Chiau so we want minimum disruption to our location adjustment as possible in future. We found that by staying near to mrt, mall, hawker, CC (amenities) is definitely a plus factors in the matured estate. Moreover the development is not directly under the bus terminal where you have hi possiblities of getting the smell of gas/fuel staying above. We also noted that future mrt line will be expanding from punggol towards sembawang & Changi Airport; a station away from Punggol Waterway; a new hospital coming up in 2018, all are an added conveniency. We anticipate the price of housing either maintain or even might still go up after the cooling measures, so thinking this is the right time to purchase LF. :)
We wanted one without west facing and slightly bigger unit. We need to cater one room for prayer and one study. We even remove the dry kitchen island to free up space for dinning. Nowadays, living room of condo units are vey small...
I thought all LF units are north-south and non west facing?
I thought all LF units are north-south and non west facing?
Stack 2, 3, 6, 7, 10, 11 are west facing....
Stack 2, 3, 6, 7, 10, 11 are west facing....
oh ya :D thanks.
was only looking at 4br and below cos. bo liu and found that all no west facing.
Kenshinto80
17-02-13, 21:15
We are staying few blocks away from LF. We have been looking for development near mrt. Our kids are also studying in Nan Chiau so we want minimum disruption to our location adjustment as possible in future. We found that by staying near to mrt, mall, hawker, CC (amenities) is definitely a plus factors in the matured estate. Moreover the development is not directly under the bus terminal where you have hi possiblities of getting the smell of gas/fuel staying above. We also noted that future mrt line will be expanding from punggol towards sembawang & Changi Airport; a station away from Punggol Waterway; a new hospital coming up in 2018, all are an added conveniency. We anticipate the price of housing either maintain or even might still go up after the cooling measures, so thinking this is the right time to purchase LF. :)
Good foresight!
URA website released Jan sales data, for la fiesta, launched till date 500 units, sold 404 units, so slightly > 80% sold.....not too shabby I thought.... Lets wait and see for Feb data @-@. Btw, we bought our unit in Feb, so we contributed one count for Feb already hee
The number of units sold still remain as 404 as published in straitstimes yesterday. Top selling project for Jan 13 is LF, Qbay and D'Leedon.
oh ya :D thanks.
was only looking at 4br and below cos. bo liu and found that all no west facing.
I was surprised 1bedder were sold on the first nite of sales.
I was there when LF announced to start selling at abt 8pm on 11jan. Chaos chaos....
We are staying few blocks away from LF. We have been looking for development near mrt. Our kids are also studying in Nan Chiau so we want minimum disruption to our location adjustment as possible in future. We found that by staying near to mrt, mall, hawker, CC (amenities) is definitely a plus factors in the matured estate. Moreover the development is not directly under the bus terminal where you have hi possiblities of getting the smell of gas/fuel staying above. We also noted that future mrt line will be expanding from punggol towards sembawang & Changi Airport; a station away from Punggol Waterway; a new hospital coming up in 2018, all are an added conveniency. We anticipate the price of housing either maintain or even might still go up after the cooling measures, so thinking this is the right time to purchase LF. :)
Buying for own stay is very personal and very different from buying for investment where people are more concerned about rental yield, capital appreciation, etc etc.
Fully agree with your views for own stay ;)
Hi, all, i bought a 2 bedder for investment. Stack 50. I appreiciated this project because the near mrt
kirchhoff_liz
24-02-13, 17:40
Went again to showroom today to check out on sales & response. Attached are the pics of display boards showing sales status. Crowd is quite ok-ish today, not too crowded but not too deserted either.....
As of today, base on displays, 525 units launched (total 35 stacks), sold/pending chq 401 units.
These do NOT include for unreleased 285 units (total 19 stacks) for which some more units may have been reserved /sold prior to developer's case by case approval. So actual may be more =)
kirchhoff_liz
24-02-13, 17:49
Interesting point to note though... that base on my own observations, the 3-rooms (compact) type are less popular and moving slower than the rest of types.
Interesting point to note though... that base on my own observations, the 3-rooms (compact) type are less popular and moving slower than the rest of types.
Hmm how come huh, I thought the 3rm compact layout is efficient as shown in the showflat :)
Went again to showroom today to check out on sales & response. Attached are the pics of display boards showing sales status. Crowd is quite ok-ish today, not too crowded but not too deserted either.....
As of today, base on displays, 525 units launched (total 35 stacks), sold/pending chq 401 units.
These do NOT include for unreleased 285 units (total 19 stacks) for which some more units may have been reserved /sold prior to developer's case by case approval. So actual may be more =)
That is a goog sign, looks CM7 effect limited. Now we need keep eyes on the quality of work of the developer as this developer is not so famous right? Any one has experience with this developer? Can share?
Kenshinto80
24-02-13, 22:11
That is a goog sign, looks CM7 effect limited. Now we need keep eyes on the quality of work of the developer as this developer is not so famous right? Any one has experience with this developer? Can share?
They are very famous.
http://www.propertyguru.com.sg/singapore-condo-reviews/rosewood-suites-1415
They are very famous.
http://www.propertyguru.com.sg/singapore-condo-reviews/rosewood-suites-1415
Personally feel these reviews not really fair for developer.
Some actually like the rosewood project, said found their idea home.
Some hate it for some silly reason especially the one on aircon leak, got $ buy condo but no $ change aircon?
evan lim is quite a will known general building contractor.
They are very famous.
http://www.propertyguru.com.sg/singapore-condo-reviews/rosewood-suites-1415
Ah har, famous in different way ah?
kirchhoff_liz
25-02-13, 14:12
ReasonS for choosing LA:
1) with the same amount that u paid for other condo (of course comparing to current or upcoming projects), u will not get the Level + floor size and accessibility to MRT. Save TRAVEL time and money.
2) In fengshui, never buy a house with irregular shape. LA doesn't has this problem.
3) with all the NEARBY amenities
4)So near to TPE n KPE. Some said tat KPE will be congested once all punggol projects up but think abt it again. All highways will be congested due to increasing of population in near future, its not just KPE ALONE.
5) more affordable project which near mrt if u compare to current and upcoming projects
6) my HDB unit is just walking distance away from LA, my family can still use the facilities. :D
Investment point of view:
If u Don consider Seletar Aerospace, just look at the new hospital ready in 2018. So many jobs for FT. With 6.9M, high demand for housing tats why government is so eager to construct more houses and sell their lands. Which means their targeted population cannot versus actual demand, so much rental opportunities here.
I have been to a few showrooms, I do agree LA's finishing is not better than the rest. Once again, U r buying for the accessibility. Money can change the interior and u cannot change the location once u made a purchase. Frankly speaking, I do love Skies. With all the marble flooring in living room + timble floorings for all bedrooms, anti- slammed kitchen cabinets + full Electrolux appliances , even fridge provided+ a golf course which u Don know whether future title deed will be renewed or not but the location is far way out if u Don own a car.
kirchhoff_liz
25-02-13, 14:17
Waited for Sennett Residence too. Location damn good. If I purchase a unit there, I will be a slave for 35 yrs to the :banghead: house
ReasonS for choosing LA:
1) with the same amount that u paid for other condo (of course comparing to current or upcoming projects), u will not get the Level + floor size and accessibility to MRT. Save TRAVEL time and money.
2) In fengshui, never buy a house with irregular shape. LA doesn't has this problem.
3) with all the NEARBY amenities
4)So near to TPE n KPE. Some said tat KPE will be congested once all punggol projects up but think abt it again. All highways will be congested due to increasing of population in near future, its not just KPE ALONE.
5) more affordable project which near mrt if u compare to current and upcoming projects
6) my HDB unit is just walking distance away from LA, my family can still use the facilities. :D
Investment point of view:
If u Don consider Seletar Aerospace, just look at the new hospital ready in 2018. So many jobs for FT. With 6.9M, high demand for housing tats why government is so eager to construct more houses and sell their lands. Which means their targeted population cannot versus actual demand, so much rental opportunities here.
I have been to a few showrooms, I do agree LA's finishing is not better than the rest. Once again, U r buying for the accessibility. Money can change the interior and u cannot change the location once u made a purchase. Frankly speaking, I do love Skies. With all the marble flooring in living room + timble floorings for all bedrooms, anti- slammed kitchen cabinets + full Electrolux appliances , even fridge provided+ a golf course which u Don know whether future title deed will be renewed or not but the location is far way out if u Don own a car.
Fully agreed with above, but where is Skies? Is Sky Habitat?
Fully agreed with above, but where is Skies? Is Sky Habitat?
My guess is Skies Miltonia in Yishun.
My guess is Skies Miltonia in Yishun.
oh, if it is in Skies Miltonia, it is too far away lah. Can't compare to LF lah.
can't just every day watch the green view right? green view can't be food lah.
High^5 LF owner,
i also bought. why i invested. cheap la..
1. MRT - 85m
2. LRT - 85 m (1 station to punggol)
3. Interchange - 85m
4. Mall - 85m
5. Foodcourt - 85m
6. Polyclinic - 350m
7. Future General Hospital - 600m
8. 2 Wet Market - 180 m / 950m
9. 2 Food Centre - 180 m / 950m
10. CC - 450m
11. TPE/KPE/SLE/CTE - 2mins-6mins drive
12. Nan Chiau - 450m (and a few more sch)
13. Aerospace Park
High^5 LF owner,
i also bought. why i invested. cheap la..
1. MRT - 85m
2. LRT - 85 m (1 station to punggol)
3. Interchange - 85m
4. Mall - 85m
5. Foodcourt - 85m
6. Polyclinic - 350m
7. Future General Hospital - 600m
8. 2 Wet Market - 180 m / 950m
9. 2 Food Centre - 180 m / 950m
10. CC - 450m
11. TPE/KPE/SLE/CTE - 2mins-6mins drive
12. Nan Chiau - 450m (and a few more sch)
13. Aerospace Park
Congrats missotah! We are Neighbours!
High^5 LF owner,
i also bought. why i invested. cheap la..
1. MRT - 85m
2. LRT - 85 m (1 station to punggol)
3. Interchange - 85m
4. Mall - 85m
5. Foodcourt - 85m
6. Polyclinic - 350m
7. Future General Hospital - 600m
8. 2 Wet Market - 180 m / 950m
9. 2 Food Centre - 180 m / 950m
10. CC - 450m
11. TPE/KPE/SLE/CTE - 2mins-6mins drive
12. Nan Chiau - 450m (and a few more sch)
13. Aerospace Park
950m food center is which one? Rivervale mall or Rivervale plaza?
950m food center is which one? Rivervale mall or Rivervale plaza?
Rivervale Plaza :cheers2:
Rivervale Plaza :cheers2:
Estimated New PSF for Sengkang West => 950-1000/psf. Could be higher since the construction cost is getting higher when it started to build.
This one already not near the MRT. If you compare current PSF of La Fiesta, you will know LF psf is considered low and affordable.
Quote from Zaobao:
由建屋局推出发售的盛港西大道A地段则坐落在榜鹅河（Sungei Punggol）旁，靠近芬微和拉雅轻轨列车站，以及淡滨尼高速公路（TPE）。
这个地段占地约1万6604平方公尺，容积率为3，总建筑楼面最高可达约4万9812平方公尺，最低则约为4万4831平方公尺，预计可建造555个单位。
作为盛港新镇的一部分，该地段靠近不少学校和公园，包括南侨中学、培华中学、圣婴女中（圣若瑟）、盛港河畔公园等。另外，附近还有不少购物消闲设施包括勘宝坊（Compass
Point）、河滨坊（Rivervale Mall）、即将落成的利达广场（The Seletar
Mall）和安谷民众俱乐部（Anchorvale Community Club）等。
地段可被发展成共管公寓或公寓，发展商也可申请书面批准，建造结合公寓与分层地契有地住宅的项目。
麦俊荣预计这幅地段可吸引到四到八方竞标，最高标价介于2亿1400万元到2亿4100万元，相当于容积率每平方英尺400元到450元。
莱坊国际产业顾问行咨询与研究部高级经理陈姳潓则表示，这幅地段的优势包括靠近盛港河畔公园、轻轨列车站和购物中心。她预计竞标价将介于每平方英尺350元至400元，建成后的销售价则介于每平方英尺950元至1000元。
Kenshinto80
02-03-13, 03:08
Estimated New PSF for Sengkang West => 950-1000/psf. Could be higher since the construction cost is getting higher when it started to build.
This one already not near the MRT. If you compare current PSF of La Fiesta, you will know LF psf is considered low and affordable.
Quote from Zaobao:
由建屋局推出发售的盛港西大道A地段则坐落在榜鹅河（Sungei Punggol）旁，靠近芬微和拉雅轻轨列车站，以及淡滨尼高速公路（TPE）。
这个地段占地约1万6604平方公尺，容积率为3，总建筑楼面最高可达约4万9812平方公尺，最低则约为4万4831平方公尺，预计可建造555个单位。
作为盛港新镇的一部分，该地段靠近不少学校和公园，包括南侨中学、培华中学、圣婴女中（圣若瑟）、盛港河畔公园等。另外，附近还有不少购物消闲设施包括勘宝坊（Compass
Point）、河滨坊（Rivervale Mall）、即将落成的利达广场（The Seletar
Mall）和安谷民众俱乐部（Anchorvale Community Club）等。
地段可被发展成共管公寓或公寓，发展商也可申请书面批准，建造结合公寓与分层地契有地住宅的项目。k
麦俊荣预计这幅地段可吸引到四到八方竞标，最高标价介于2亿1400万元到2亿4100万元，相当于容积率每平方英尺400元到450元。
莱坊国际产业顾问行咨询与研究部高级经理陈姳潓则表示，这幅地段的优势包括靠近盛港河畔公园、轻轨列车站和购物中心。她预计竞标价将介于每平方英尺350元至400元，建成后的销售价则介于每平方英尺950元至1000元。
I love La Feista too.....but I think 1200psf a bit too excessive relative to other projects in Seng Kang. I would think projects such as Riversails and Riversound better deal and financially more prudent. Some of my friends pointed out that it is hard to justify paying 30% more in psf despite the premium location. Can use the money saved to generate passive revenue stream and finance a car perpetually.
But anyway, hard to compare like that, the size of say 3 bedder at La Feista a lot smaller compared to Riversound and Riversail....quantum almost the same. There are also people who rather buy a 4+1 unit at River Isle of 1475sqft at 1.16mil over a tiny size 3 bedder at La Feista....such group of buyers feel strongly an upgrade of quality of living means moving into a bigger space and not sacrifice it for a small unit that is near MRT.
Pikachu1245
02-03-13, 13:01
High^5 LF owner,
i also bought. why i invested. cheap la..
1. MRT - 85m
2. LRT - 85 m (1 station to punggol)
3. Interchange - 85m
4. Mall - 85m
5. Foodcourt - 85m
6. Polyclinic - 350m
7. Future General Hospital - 600m
8. 2 Wet Market - 180 m / 950m
9. 2 Food Centre - 180 m / 950m
10. CC - 450m
11. TPE/KPE/SLE/CTE - 2mins-6mins drive
12. Nan Chiau - 450m (and a few more sch)
13. Aerospace Park
Seems so convenient. No wonder condo near mrt is always sold at a premium and renting out of unit is so easy. :2cents:
Seems so convenient. No wonder condo near mrt is always sold at a premium and renting out of unit is so easy. :2cents:
Fully agree with the comments if you invest in LF. A golden rule for looking tenants...
This is very quiet thread
Any one can share what is La Fiest
a sales figure?
how many units have been sold?
:confused: :confused: :confused: :confused: :confused: :confused:
haha interested buyer, come come,
Faster vest at LF.
why see others when LF is <1min shelter walkway.
some condo need to walk 10mins.
some condo need to walk two bus stop and it is unshelther walkway and you
need to wait 4 train before you can be push in buy others.
:D :D :D :D :D my personal view.........
Glad to find out that most units in LF able to see the full moon from the balcony. Woot!
Glad to find out that most units in LF able to see the full moon from the balcony. Woot!
haha...full moon? :cheers3:
We wanted one without west facing and slightly bigger unit. We need to cater one room for prayer and one study. We even remove the dry kitchen island to free up space for dinning. Nowadays, living room of condo units are vey small...
Hi Tulip, I will like to remove the dry kitchen island as well. Any points to take note when informing developer? pmed u, thanks :)
haha...full moon? :cheers3:
Went jogging at Sengkang Sq again last nite, the moon was still round and bright above the plot of land of LF. :)
This is very quiet thread
Any one can share what is La Fiest
a sales figure?
how many units have been sold?
:confused: :confused: :confused: :confused: :confused: :confused:
Total 430 units sold. See the link below.
http://www.ura.gov.sg/realEstateIIWeb/price/search.action
Total 430 units sold. See the link below.
http://www.ura.gov.sg/realEstateIIWeb/price/search.action
That is quite slower down. Looks like CM7 really have effect. Any ideal when is the next phase opening for sale as 310 units remaining.
Can slowly wait... Now so many condo near MRT... Sennett, San Ritz, D'Nest, U.V, Trilliq, Bartley Ridge, etc... just to name a few... Anyone have any update what is the sales figure for those condos? I believe D'Nest is selling quite well.. But how about others?
Can slowly wait... Now so many condo near MRT... Sennett, San Ritz, D'Nest, U.V, Trilliq, Bartley Ridge, etc... just to name a few... Anyone have any update what is the sales figure for those condos? I believe D'Nest is selling quite well.. But how about others?
I heard that D'Nest is 90% sold
rymccondo77
08-04-13, 13:06
Can slowly wait... Now so many condo near MRT... Sennett, San Ritz, D'Nest, U.V, Trilliq, Bartley Ridge, etc... just to name a few... Anyone have any update what is the sales figure for those condos? I believe D'Nest is selling quite well.. But how about others?
The condo by CDL just next to Buangkok MRT (and also next to the Esparina EC) should be launching soon. Think this one will do well too.
The condo by CDL just next to Buangkok MRT (and also next to the Esparina EC) should be launching soon. Think this one will do well too.
If they can build a mall next to Buangkok MRT, sales can be even better! 😁
I wish they can upgrade and extend Compasspoint. Find the mall too small to cater for the growing crowds.
If they can build a mall next to Buangkok MRT, sales can be even better! 😁
I wish they can upgrade and extend Compasspoint. Find the mall too small to cater for the growing crowds.
Mall next to buangkok is not possible at least till 2016 coz that land is earmark for potential community center for elderly and some eateries as proposed by the MP Gan.
bakasa2002
10-04-13, 22:22
If they can build a mall next to Buangkok MRT, sales can be even better! 😁
I wish they can upgrade and extend Compasspoint. Find the mall too small to cater for the growing crowds.
Mall don't have lah, mosque already there. :D
Pass by site, and saw some big stones and equipments, also got worker guarding the site... Is it start construction already?
Pass by site, and saw some big stones and equipments, also got worker guarding the site... Is it start construction already?
Yes. Started construction. Doing load piling test. :)
Yes. Started construction. Doing load piling test. :)
just went kaypo :D
http://imageshack.us/a/img132/2137/img3351q.jpg
http://imageshack.us/a/img163/7852/img3352cn.jpg
http://imageshack.us/a/img43/4355/img3353ni.jpghttp://imageshack.us/a/img823/7079/img3354ca.jpg
just went kaypo :D
http://imageshack.us/a/img132/2137/img3351q.jpg
http://imageshack.us/a/img163/7852/img3352cn.jpg
http://imageshack.us/a/img43/4355/img3353ni.jpghttp://imageshack.us/a/img823/7079/img3354ca.jpg
Thks Taggy! Such a great updates!!!
Does anyone knows the sales figure?
kirchhoff_liz
14-04-13, 10:52
Good Day Eveyone, be it LF invested or potential ones, here's my new update on LF sales figures :
As of 23-Feb update :
Released = 525
Unsold = 124
Sold + Reserved = 401
Unreleased = 285
As of today (14-Apr) :
Released = 630
Unsold = 152
Sold + Reserved = 478
Unreleased = 180
The current sold percentage is 75.8% (base on ONLY released units).
As we "kaypo" abit and chit chatted with the agent last Friday at showroom, he mentioned about 600 units were sold to date (take it with a pinch of salt though)....which means by assumption , unreleased blocks also have sold units of about 122 units already.
Once we cheong pass the 85% mark (or about 88 units more to go), it is sure one-way to HUAT AH. Anyway, 88 sounds sooo auspicious too HAHA. Congratz.
delirious_jeff
14-04-13, 11:12
Figures for month of Feb... OTPs
https://www.ura.gov.sg/realEstateIIWeb/price/submitSearch.action;jsessionid=WF5BRqhT8ZfQlBrSF9zxmc22HndsmpXlX0GGnyl7nGbTkQQ2vLRb!166086620
Apparently only 292 caveats lodged based on search results from URA today.
Figures for month of Feb... OTPs
https://www.ura.gov.sg/realEstateIIWeb/price/submitSearch.action;jsessionid=WF5BRqhT8ZfQlBrSF9zxmc22HndsmpXlX0GGnyl7nGbTkQQ2vLRb!166086620
Apparently only 292 caveats lodged based on search results from URA today.
That's mean the >100 buyers haven't apply home loan yet?
with ssd in place, they can't be flippers right...
kirchhoff_liz
14-04-13, 18:34
extracts from URA FAQs section :
Time LAG :
Typically, caveats are lodged at least 2-3 weeks after a purchaser signed an option to purchase at the showflats. The press frequently reports the sales status of projects based on observations at showflats or interviews with developers. Therefore, what you read in the media will be different from the information shown here.
Not compulsory action :
In addition, it is not compulsory to lodge a caveat for all property purchases. Lodging of caveats is usually done voluntarily by purchasers through their lawyers to protect their interest in the property.
delirious_jeff
14-04-13, 23:28
Based on the Law Society, http://www.lawsociety.org.sg/forPublic/YoutheLaw/BuyingandSellingaHouse.aspx "Pending completion of your purchase, your lawyer WILL lodge a caveat against the title to the property - this serves to notify the public (and any third party interested in the property) that you have a valid interest or claim to the title of the property arising from the contract for the sale and purchase."
The bank that you took housing loan from will definitely lodge a caveat to protect their interest in the property. The bank owns the apartment until all debts are repaid! :D
delirious_jeff
15-04-13, 00:03
They are very famous.
http://www.propertyguru.com.sg/singapore-condo-reviews/rosewood-suites-1415
Thank goodness for this share!
Will definitely share this post with my wife... :D
kirchhoff_liz
15-04-13, 20:20
URA released results officially for Mar today.
Total sold 3,072 (including ECs) or 2,793 (excluding ECs)
La Fiesta :
Total no of units in project = 810 units
Cummulative units launched to date = 500 units
Cummulative sold to date = 476 units
Cummulative units launched but unsold = 24 units
Units sold in the month of March = 51 units
Median Price = 1,167 psf
Lowest Price = 1,011 psf
Highest Price = 1,440 psf
kirchhoff_liz
15-04-13, 20:38
About the caveat lodging part, for my personal learning purpose, I am also seeking more understanding whether is it compulsory or not upon the purchase of a property.
But interesting point to note is that while all the 90 units of 1-bedders were snapped up during LF's launch, but upon checking the URA website for no. of caveat lodged for 1-bedder, only managed to find 55 units.
Meaning the remaining 35 units (or 40%) are so cash rich that they paid off in full ? Meaning no need bank loan = no need caveat lodged ?
If anyone can enlighten, that would be appreciative :beats-me-man:
delirious_jeff
16-04-13, 22:51
About the caveat lodging part, for my personal learning purpose, I am also seeking more understanding whether is it compulsory or not upon the purchase of a property.
But interesting point to note is that while all the 90 units of 1-bedders were snapped up during LF's launch, but upon checking the URA website for no. of caveat lodged for 1-bedder, only managed to find 55 units.
Meaning the remaining 35 units (or 40%) are so cash rich that they paid off in full ? Meaning no need bank loan = no need caveat lodged ?
If anyone can enlighten, that would be appreciative :beats-me-man:
There are countless of millionaires on this island, some homegrown or imported... I think caveat shall still lodge since unit is not completed to protect interest of buyer.
Also, maybe OTP not exercised, so no caveat lodged...
phantom_opera
19-04-13, 15:54
51 units sold in March, highest psf was 1,440psf :scared-3:
this must be highest psf achieved in Sengkang so far
51 units sold in March, highest psf was 1,440psf :scared-3:
this must be highest psf achieved in Sengkang so far
That's very high psf for Seng Kang!
Pikachu1245
23-04-13, 14:07
That's very high psf for Seng Kang!
Not surprising considering it is adjacent to mrt/lrt/mall/food centre and also near to Seletar Air Hub (more job oportunities), Punggol (new mall coming) and Hougang (new mall coming).............:2cents:
Let's see if developer cum constructor will have faster progress...:cool:
http://imageshack.us/a/img33/224/photoapr22144153.jpg
kirchhoff_liz
25-04-13, 00:02
Foreign interest up for private property(Link : http://sg.finance.yahoo.com/news/foreign-interest-private-property-055749817--sector.html)
By Shabnam Muzammil:Foreign demand for private homes in Singapore increased 40 percent with 523 units purchased during the first quarter of 2013 compared to the 373 sold during the same period last year, although the figures are still below levels seen before the introduction of the additional buyer's stamp duty (ABSD) in December 2011, The Straits Times reported.Analysts also noted that there has been a shift in interest from luxury homes to mass market condominiums.Quarter-on-quarter, foreigners (excluding PRs) took up 10.7 percent of the 4,884 private homes sold in Q1 this year, compared to 7.4 percent in the previous quarter. This is also an increase from the first, second and third quarters of 2012 when foreign buyers purchased 5.7, 7.1 and 7.2 percent of new private homes sold respectively, according to the Urban Redevelopment Authority (URA).
Prime District 10 remained the most popular area to buy, with District 19 following close behind. Projects popular among home-hunters included D'Leedon in District 10 and La Fiesta in Sengkang.
The Chinese and Indonesians were the largest groups of buyers in Q1 2013 followed by the Malaysians. Moreover, Chinese buyers appear to be regaining their presence in the market, accounting for 42.6 percent of the 108 foreign buyers in March.
Pikachu1245
26-04-13, 11:52
550k 1br so bloody cheap sure gone in one day
It turns out that your prediction is very true. Indeed all units of 1 bedder (ranging 500K++ onwards) were sold out on day1 of launch on the night of 11January2013 just before the last CMs.:eek:
phantom_opera
26-04-13, 11:58
It turns out that your prediction is very true. Indeed all units of 1 bedder (ranging 500K++ onwards) were sold out on day1 of launch on the night of 11January2013 just before the last CMs.:eek:
it is very simple, one Toyota now cost 130k ?? 550k is about 4 Toyotas
and I believe the 1br in La Fiesta park 4 Toyotas just nice :p
Pikachu1245
26-04-13, 12:02
it is very simple, one Toyota now cost 130k ?? 550k is about 4 Toyotas
and I believe the 1br in La Fiesta park 4 Toyotas just nice :p
Interesting view. One bedder LF is an appreciating asset whereas 4 Toyotas are depreciating items(MUST dispose in 10 years unless pay PARF). No wonder it is 'bloodly cheap' for those who can afford.
lol
Violinbite
24-05-13, 15:08
Hi everyone,
Just joined the forum. Greetings. Is there anyone have any idea how many units in total out of the 810 units left unsold in La Fiesta?
Hi everyone,
Just joined the forum. Greetings. Is there anyone have any idea how many units in total out of the 810 units left unsold in La Fiesta?
As of April 2013, 497 units were sold. Which means still have 313 more units to go.
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