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Londonproperty123
21-05-14, 20:50
Useful HSR report that was also covered in the local press.

The actual report lists the 50 projects and their percentages sold at time of printing.

More info here -

http://londonproperty123.blogspot.sg/2014/05/some-projects-unsold-singapore-property.html
walkthetiger
21-05-14, 21:58
Useful HSR report that was also covered in the local press.

The actual report lists the 50 projects and their percentages sold at time of printing.

More info here -

http://londonproperty123.blogspot.sg/2014/05/some-projects-unsold-singapore-property.html

...Treasure on Balmoral and Victory Ville... ghost estates in Singapore.
hopeful
22-05-14, 09:28
whatever happened to cluny park residence?
those commitments to buy? :rolleyes:

anyway, something interesting
"Another trend that we foresee is that property developers will create new show units for projects that didn’t sell well. Furnishings may be different from those in the initial launch. Some of the savings from using a different type of material or product could be passed on to buyers via lower pricing."

the developer cross fingers and hope defects appear only after warranty period over?
NO_7
22-05-14, 13:20
Base on URA May 14 data indicate 52% unsold in CCR, RCR and OCR have better take up rate in term of %.

CCR - total of 6769 units, 3530 units unsold (52%).
TWIN PEAKS - 385
D'LEEDON - 268
LEEDON RESI - 251
CLERMONT RESI - 167
RV RESI - 166

RCR - 10816 units, 3395 units unsold (31%)
ALEX RESIDENCES - 240
THE VENUE RESI - 210
THE CREEK - 201
SKY VUE - 198
SKY HABITAT - 197

OCR - 19259 units, 6795 units unsold (35%)
THE PANORAMA - 642
THE TRILINQ - 637
THE GLADES - 547
THE SANTORINI - 500
LAKEVILLE - 486
Ringo33
23-05-14, 01:13
Seems like many D15 small boutique condo developments are not selling very well. I think many of them will need to lelong soon.
marktkt22
23-05-14, 09:08
Useful HSR report that was also covered in the local press.

The actual report lists the 50 projects and their percentages sold at time of printing.

More info here -

http://londonproperty123.blogspot.sg/2014/05/some-projects-unsold-singapore-property.html


Good stuff. Thx bro
matrix0405
23-05-14, 09:35
Base on URA May 14 data indicate 52% unsold in CCR, RCR and OCR have better take up rate in term of %.

CCR - total of 6769 units, 3530 units unsold (52%).
TWIN PEAKS - 385
D'LEEDON - 268
LEEDON RESI - 251
CLERMONT RESI - 167
RV RESI - 166

RCR - 10816 units, 3395 units unsold (31%)
ALEX RESIDENCES - 240
THE VENUE RESI - 210
THE CREEK - 201
SKY VUE - 198
SKY HABITAT - 197

OCR - 19259 units, 6795 units unsold (35%)
THE PANORAMA - 642
THE TRILINQ - 637
THE GLADES - 547
THE SANTORINI - 500
LAKEVILLE - 486

Many of these projects are high profile, have been launched for many months. If the balloting for Pano turn out to be fake/lukewarm, all these projects will have to offer discount, esp those with less than 50% sold.
amk
23-05-14, 12:50
Base on URA May 14 data indicate 52% unsold in CCR, RCR and OCR have better take up rate in term of %.

CCR - total of 6769 units, 3530 units unsold (52%).
RCR - 10816 units, 3395 units unsold (31%)
OCR - 19259 units, 6795 units unsold (35%)


... hmm there is another way to read this : OCR alone has unsold units that are almost the sum of CCR+RCR unsold together. ;)
Ringo33
23-05-14, 16:21
... hmm there is another way to read this : OCR alone has unsold units that are almost the sum of CCR+RCR unsold together. ;)

pointless to talk about supply without looking into demand, especially when we know that 80% of Singapore pollution still live in HDB flats.
CondoWE
23-05-14, 16:26
pointless to talk about supply without looking into demand, especially when we know that 80% of Singapore pollution still live in HDB flats.

Hi bro,

Singapore pollution? Do you mean Singapore population?
Ringo33
23-05-14, 17:27
Hi bro,

Singapore pollution? Do you mean Singapore population?

peiseh. typo
Londonproperty123
23-05-14, 20:05
There is no supply and demand imbalance in Singapore. In fact, supply is more than enough to meet demand, I think.
yl
23-05-14, 21:33
There is no supply and demand imbalance in Singapore. In fact, supply is more than enough to meet demand, I think.

Huh...there is supply and demand imbalance when the supply is > than demand.

i.e. there is no supply and demand imbalance when supply = demand right? :confused:
NO_7
24-05-14, 00:51
Demands are strong only if the price is right to offset all the CM.
johnlee
24-05-14, 10:56
Funny how when a condo gets tainted by the "unsold tag". Those with strong cash flow can use it as an opportunity and approach the developer with your price - you might be surprised at what they may be willing to do to move a unit. Have been hearing more success stories on this approach recently
propersquare
26-05-14, 18:51
Check out our compilation of projects that have seen less than stellar sales:

http://www.propersquare.com/articles/details/upcoming-properties-and-relaunch-watchlist

Cheers!
yl
27-05-14, 14:14
Check out our compilation of projects that have seen less than stellar sales:

http://www.propersquare.com/articles/details/upcoming-properties-and-relaunch-watchlist

Cheers!

The percent sold should not be enough for a proper analysis. ..what about holding power..n their portfolio? Some developers are very heavy in residential n little else...so have to cut