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alibaba
18-01-07, 11:39
273 units, 405 carpark lots

Average $900 to $950psf

TOP: Dec 2009

Full condo facilities.

Mostly big units of 4 bedrooms. The 3 bedroom is huge at 1,800 square feet.

http://img257.imageshack.us/img257/1424/thomsonkh0.jpg

http://img257.imageshack.us/img257/2769/thomson2bn8.jpg

nice
18-01-07, 12:02
The land area looks much bigger than Park Infinia, and it has much fewer units too. It will look like 2 thin bent blades, cutting thru the sky on Thomson Road, which is a low rise, bungalow area with lots of greenery. Shades of Hillcrest Arcadia, which are big old exclusive apartments which have retained huge popularity until now, mainly with expats.

Unregistered
18-01-07, 12:53
from the orientation looks like it will face caldecott hill and macritchie. nice facing.

alibaba
18-01-07, 13:09
http://img261.imageshack.us/img261/2482/t1jp3.jpg

http://img261.imageshack.us/img261/5377/t5fx4.jpg

http://img261.imageshack.us/img261/1521/t4yz7.jpg

http://img261.imageshack.us/img261/7120/t3bn9.jpg

http://img261.imageshack.us/img261/9716/t2pp6.jpg

agent x
18-01-07, 15:54
WOW how did u get all those?:eek:

mr funny
19-01-07, 11:34
Top Print Edition Stories
Published January 19, 2007

SPH to launch Sky@eleven condo next month

Thomson project expected to be offered at $900 to $1,200 psf: sources

By UMA SHANKARI


(SINGAPORE) The Sky@eleven freehold Thomson condominium is to be launched by Singapore Press Holdings (SPH) early next month, it was announced yesterday.


http://img256.imageshack.us/img256/4554/sky11ab3.jpg
Sky@eleven: The bulk of the units in the four-tower 43-storey development will be four-bedroom units ranging from 2,271 sq ft to 2,820 sq ft


Sources said that apartments in the 273-unit project in District 11 are set to be offered at $900 to $1,200 per square foot (psf).

The bulk of the units in the four-tower 43-storey development will be four-bedroom units ranging in size from 2,271 sq ft to 2,820 sq ft, although one entire tower will consist of 3+1 bedroom units of 1,851 sq ft each. Sky@eleven will also have eight penthouses, ranging from 3,800 sq ft to 5,600 sq ft.

Property firm Knight Frank, which is marketing the project, said that the penthouse units are likely to fetch higher psf prices than the rest of the apartments. Interest for the penthouses has been especially strong, the estate agency said.

SPH said that units in the development could be launched in phases.

Michael Chin, SPH's executive vice-president for Corporate Development & Times Properties, said about 20 to 25 per cent of buyers are expected to be foreigners. SPH plans to market the project in Hong Kong and Jakarta at around the same time it will be launched in Singapore, he said. Showflats are expected to be ready by the end of this month.

Mr Chin said that total construction cost for Sky@eleven would come to over $100 million. The site is worth some $200 million.

Work on the development is already under way, and SPH will call for a tender to appoint the main contractor next week. The main construction contract will be awarded next month, and major construction work is expected to start in April, Mr Chin said. The whole project will be completed by the end of 2009, he added.

SPH declined to say what the launch price would be, but the group said that the units will be 'attractively and competitively priced'.

Sum Soon Lim, SPH director and chairman of the Times Development subsidiary, said: 'SPH's condo offers great value given its prime location in District 11, spacious units, grand views and excellent design and top-notch finishes.'

The project comes with two sky terraces, complete with gymnasiums and landscaped gardens. Other facilities include a 50-metre lap pool, a leisure pool with a jacuzzi, a fun pool and playground for children, and a designer-style clubhouse.

mr funny
19-01-07, 11:49
Jan 19, 2007

SPH's luxury condo in Thomson to be launched next month

By Joyce Teo, Property Correspondent


http://img256.imageshack.us/img256/2964/stimagesjtskyk0qtre5.jpg
PREPARING FOR LAUNCH: Unveiling SPH's 273-unit luxury condominium project at Thomson Road are (from left) chief executive officer Alan Chan, deputy chairman Cham Tao Soon and chairman Tony Tan. The 43-storey freehold development will be the tallest building in the Thomson area and is expected to set landmark pricing in the vicinity. Key features of the project include unobstructed views of the CBD, an abundance of carpark lots, relatively large units and two sky terraces. -- DESMOND WEE


SINGAPORE Press Holdings (SPH), better known for its newspapers and magazines, will soft launch a 273-unit luxury condominium, Sky@eleven, at Thomson Road, next month.

The 43-storey freehold development is a seven-minute walk to the Toa Payoh MRT station and offers views of MacRitchie Reservoir, the Singapore Polo Club and even the Central Business District (CBD).

Market sources say it is likely to fetch $1,000 to $1,300 per sq ft (psf) or more. It will be priced 'very competitively' and 'attractively'', said Mr Michael Chin, executive vice-president of SPH's corporate development division and Times Properties, yesterday. He said many potential buyers had expressed interest. About 20 to 25 per cent of buyers could be foreigners and the rest locals.

SPH chairman Tony Tan said: 'We expect Sky@eleven to be well-received by both local and foreign buyers in the light of the growing demand for high-end luxury properties.'

Mr Peter Ow, executive director of Knight Frank, which is marketing the project, said its pricing will be similar to pricing in the Novena and Newton areas. Condominiums in the Novena area are fetching $1,000 to $1,200 psf, while those in Newton are going for $1,200 to $1,500 psf, he said.

Sky@eleven, which will be the tallest building in the Thomson area, will set 'landmark pricing' in the area, he added. The project is distinguished by its large units. It will have 265 units of four-bedroom apartments ranging from 1,851 sq ft to 2,820 sq ft.

Only certain people can afford these large units as their prices will start at nearly $2 million, said Knight Frank's Mr Nicholas Mak.

There will be eight duplex penthouses ranging from 3,800 sq ft to 5,800 sq ft, to be priced higher than the regular units. Mr Chin said there is very strong demand for the penthouses which offer unobstructed views of the CBD.

Another key feature is the abundant parking space - 404 carpark lots for the 273 units. Construction costs for Sky@eleven are estimated at over $100 million.

The project is being developed by Times Development. While this is a one-off project by SPH, the group remains open to other development opportunities, said SPH's director and chairman of Times Development, Mr Sum Soon Lim.

Unregistered
22-01-07, 16:29
Not worth it to buy. Property prices might very likely drop in 2010. You won't want to wait until TOP and then ask yourself "why the **** did i pay $1,200psf for THIS??" Thomson 800 which is further up the road offers a more reasonable deal at much lower prices.

ryan
22-01-07, 17:54
Not worth it to buy. Property prices might very likely drop in 2010. You won't want to wait until TOP and then ask yourself "why the **** did i pay $1,200psf for THIS??" Thomson 800 which is further up the road offers a more reasonable deal at much lower prices.


Allow me my $0.02 :)

I, too, believe that property prices will drop someday. However, whether they will drop to the affordable levels of 2002 - 2005 is not clear. My advice is, if you have to buy now, try to get something that has as little downside as possible. So you have to ask yourself: if i buy this apartment at $xxxxpsf now, how low can it possibly go to?

teeceelee
22-01-07, 18:00
Not worth it to buy. Property prices might very likely drop in 2010. You won't want to wait until TOP and then ask yourself "why the **** did i pay $1,200psf for THIS??" Thomson 800 which is further up the road offers a more reasonable deal at much lower prices.


Yes you are right. For average, let's presume, of 1050psf for sky@11, it is a tad expensive imo even though location is not bad at all. I'd rather consider trellis towers if one don't mind some noise from PIE! Say wat one likes but this will be another quick sold-out project in this 'irrationally exuberant' market. Land size is similar to Park Infinia but total unit number are much less than PI due to very big unit size for sky starting at 1800+ sf!

sky
25-01-07, 17:44
Yes you are right. For average, let's presume, of 1050psf for sky@11, it is a tad expensive imo even though location is not bad at all. I'd rather consider trellis towers if one don't mind some noise from PIE! Say wat one likes but this will be another quick sold-out project in this 'irrationally exuberant' market. Land size is similar to Park Infinia but total unit number are much less than PI due to very big unit size for sky starting at 1800+ sf!

But for Sky@eleven, there is a great view that can almost guaranteed to last forever! The Caldecott Hill bungalow area and the Police Academy will definitely be kept low rise. Why? Near MacRitchie thus security concerns.

Another plus for Sky@eleven is that it is freehold, AND it is a landmark tower in the area. Why landmark? Because everything else here is low rise. The nearest, which is the Albany is only 10 or so storeys high.

sky
26-01-07, 17:48
http://img256.imageshack.us/img256/3236/skyimg21b9a343ko8.jpg
http://img256.imageshack.us/img256/1125/skyimg3a1b9a363rv7.jpg

Unregistered
29-01-07, 14:32
This is nearer to Toa Payoh than "prime district 11". Many developers now are making use of the "prime district" words to mislead buyers.

For example, those condos in Mount Sinai and Ulu Pandan are marketed as "prime district 10", when they are nearer to Ghim Moh and Clementi. Mount Emily is marketed as being "prime district 9" when it is nearer to Little India. And now, this. Technically, this is true but when choosing location location location you also must stop and think for a while. As a buyer, you have to look carefully and not be mislead. Don't just buy the postal district, buy the location.

mr funny
30-01-07, 00:14
Jan 29, 2007, 9.30 pm (Singapore time)

SPH condo units sold out within 30 hours


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Sky@eleven drew lots of interest from home hunters on Monday at the showsuites at Thomson Road. -- Ho Peng Yew


All the 273 units of Sky@eleven condominium, the freehold luxury development by Singapore Press Holdings Ltd (SPH), were sold out even before the public launch which was scheduled for this weekend.

A SPH press release on Monday said, 'All the condominium's top-end four-room apartments and penthouses were snapped up within 30 hours after the soft launch on the evening of Sunday, Jan 28.'

SPH said, 'The overwhelming response to Sky@eleven is not unexpected what with the current bullish property sector, particularly the popular demand for luxury homes in prestigious districts.'

Located at Thomson Lane, off Thomson Road, the 43-storey high Sky@eleven is the tallest development in the area. When completed by the end 2009, it will offer spacious units and great views of the reservoirs and the city skyline. Residents will also enjoy top quality finishes and fittings, luxurious condominium facilities and lush landscaping.

Dr Tony Tan, SPH Chairman, says: 'We are extremely happy with the overwhelming response and at the same time very grateful to the buyers for their support for our exclusive development.'

The condominium is developed by Times Development Pte Ltd, a wholly-owned subsidiary of SPH.

mr funny
30-01-07, 13:36
Jan 30, 2007

SPH's Thomson condo sells out in just 30 hours

All Sky@eleven's 273 units taken up at an average price of $975 psf

By Joyce Teo, Property Correspondent


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STRONG SHOWING: SPH is extremely happy with the response, says Dr Tan (centre), seen here at the ribbon-cutting ceremony on Sunday with SPH chief executive Alan Chan (left) and Mr Sum. -- JOYCE FANG


ALL 273 units of Singapore Press Holdings' (SPH) high-end condominium at Thomson Road have been sold, barely 30 hours after they were released at a special preview on Sunday evening.

The public launch, due to be held this weekend, has been cancelled.

'Out of every two who walked into the show-flat, one bought,' said Mr Peter Ow, executive director of marketing agent Knight Frank.

'We sold out in a much shorter time than Marina Bay Residences and One Shenton, which are in hotter areas. We also managed to achieve benchmark prices of $1,200 psf for the Thomson area.'

Condominiums in the area sell for about $850 per sq ft.

'If a development of such quality were in the Newton area, it is likely to fetch at least $1,800 psf,' said Knight Frank research and consultancy director Nicholas Mak.

Mr Ow said buyers were bowled over by the spacious layout and view. 'Every apartment offers views of MacRitchie Reservoir and the city.

'The demand is so strong that we have to apologise to our other guests. We had invited 300 guests for the preview which would have lasted until Wednesday. But we will still keep the show-flat open for a few days for those who are interested to view it,' he added.

The freehold Sky@eleven, launched in the midst of a hot property market, achieved an average price of $975 psf, with the highest price recorded at $1,200 psf, said SPH in a statement last night.

The group said buyers were attracted to the pricing and the unit size, with most ranging from 1,851 sq ft to 2,820 sq ft.

Sky@eleven has eight duplex penthouses - from 3,757 sq ft to nearly 5,600 sq ft - which went for up to $5.8 million each.

'The condo is like the luxurious Ardmore Park condo of Thomson Road,' said Mr Mak. The robust demand was also partly due to the strong sentiment in the property market, he said.

'Some of the demand came from those who have recently sold properties in a collective sale,' he said. 'It's one of the few brand-new condos that offer large units with luxurious fittings.'

Located off Thomson Road, the 43-storey high Sky@eleven is the tallest project in the area and is due for completion by late 2009.

'The attraction is the spacious and double frontage layouts providing cross ventilation. It's also an exclusive location as there are few condos nearby,' said a buyer who snapped up his high-floor unit at an early bird price of $985 psf yesterday morning.

While some SPH staff did buy, the number of deals was 'insignificant' when compared with the number of buyers from the public, the group said. There were also no discounts offered to SPH staff and board members.

SPH chairman Tony Tan said: 'We are extremely happy with the overwhelming response and at the same time very grateful to the buyers for their support for our exclusive development.'

The condominium is developed by Times Development, a wholly owned unit of SPH.

Mr Sum Soon Lim, chairman of Times Development, said: 'Sky@eleven truly offers value for money given the luxury lifestyle concepts it offers. It can surely claim to be one of the most beautiful, prestigious and iconic residential properties in District 11.'

[email protected]

mr funny
28-02-07, 19:37
Singapore Companies

Published February 28, 2007

Interested parties buy 10 Sky@eleven units

By UMA SHANKARI



MEDIA group Singapore Press Holdings (SPH) said yesterday that directors and related parties have bought 10 apartments at its Sky@eleven condominium for a total of $24.9 million.

The company said in a filing to the Singapore Exchange that its board has approved the proposed sale of the 10 units to 'interested parties' related to four directors - chairman Tony Tan, Lee Ek Tieng, Sum Soon Lim and Willie Cheng Jue Hiang. No discounts were given, SPH said.

Dr Tan's son and daughter-in-law bought a unit for $1.9 million. And Bee Kiang Pte Ltd, a company in which Dr Tan and his immediate family have an interest of at least 30 per cent, bought one unit for $3.1 million and another for $2.8 million.

Mr Lee and members of his family bought four units worth a total of $10.4 million, at individual prices ranging from $2.2 million to $3 million. An apartment bought by Mr Lee and his wife cost $3 million.

Mr Sum and his family bought two units worth $4.5 million. An apartment bought by Mr Sum and his wife cost $2.2 million.

Mr Cheng and his wife bought a unit for $2.3 million.

SPH soft-launched the 273-unit freehold Sky@eleven condo on Jan 28. It said later that all units in the four-tower luxury project at Thomson were snapped up within 30 hours. The average selling price was $975 per square foot and the highest recorded price $1,200 psf.

mr funny
10-03-07, 12:57
Published March 10, 2007

All but 1 Sky@eleven options exercised

By UMA SHANKARI


ALL options except one to buy units at 273-unit Sky@eleven have been exercised, the Thomson condominium's developer, Singapore Press Holdings (SPH), said yesterday.

http://img218.imageshack.us/img218/7163/bt5808239100320073181f3lj8.jpg

At its launch in January, all the 273 units of Sky@eleven were snapped up within 30 hours at an average price of $975 psf.

When the condo was launched in January, all 273 units were snapped up within 30 hours at an average price of $975 per square foot (psf), although some buyers sought an immediate resale at a higher price.

The pattern was notably different to that with the high-profile launch of Shenton Way condo One Shenton, where most apartments in the 341-unit project were sold in 30 hours at prices of between $1,500 and $2,200 psf.

This was then followed by dozens of newspaper ads offering units for resale, although agents said there were few takers.

In the end, more than 30 options - or about 10 per cent of the units sold - were not exercised when the deadline passed. Market watchers said this amounted to about 10 times the average proportion of lapsed options in a typical residential development.

At Sky@eleven, on the other hand, options for all units except one four-bedroom apartment were exercised, SPH said. The one unclaimed unit will now be resold, with SPH still deciding on the price.

In another sign of strong interest in new projects, about 85 per cent of the 405-unit One North Residences has been snapped up since the project started selling on Tuesday. The development, which is a joint venture between the UOL Group and privately held Kheng Leong, is the first condo to be launched at the $15 billion, 200ha research hub one-north.

Units were sold at an average price of $880-$890 psf, with the price in one case hitting $1,100 psf. Most of the buyers are Singaporeans.

Of the 60 units left, most are one-bedroom units, which will now sell for about $870 psf.

mr funny
13-03-07, 12:52
Published March 13, 2007

SPH sells last remaining Sky@eleven unit


SINGAPORE Press Holdings (SPH) has sold the last remaining unit at its freehold Thomson condominium Sky@eleven at 'above the average price', the media giant said yesterday.

When the condo was launched in January, all 273 units were snapped up within 30 hours at an average price of $975 per square foot (psf). Subsequently, all but one option to purchase units in the project were exercised, SPH said.

The one 'unclaimed' unit was sold last week at above the average price, SPH said. The company did not reveal the exact price at which the apartment, a 2,700 sq ft four-bedder, was sold. But units at Sky@eleven have been fetching upwards of $1,000 psf on the resale market. During the launch, the highest price recorded was $1,200 psf.

Based on the average transacted price of $975 psf, total revenue from the project is estimated to exceed $650 million. SPH said after the project was sold out that the financial impact could not be ascertained then as it is dependent upon a number of factors including total construction costs.

Located at Thomson Lane off Thomson Road, the 43-storey high Sky@eleven is the tallest development in the area. When completed at end-2009, the project promises great views of the reservoirs and the city skyline. Residents will also enjoy top quality finishes and fittings, luxurious condominium facilities and lush landscaping, SPH said when launching the project.

SPH shares closed 8 cents up at $4.42 yesterday. The company's stock price has climbed 3.3 per cent since the start of the year.

ahlahdin
31-03-07, 03:33
Portrait of a landscaper...

By Tay Suan Chiang - Jan 27, 2007

The Straits Times

LOCATION, price and unit size are the mantra of the condo-buyer, right? Well there is a little-known element that plays a big part in a purchasing decision too. Think of it as planting the seed of desire in a buyer's eye - landscaping.

Landscaping, involving the layout of a condo's surrounds, and incorporating plants, flowers, trees and even sculpture, is playing an increasingly important role in private residential developments, say landscape architects.

It's a trend given the green thumbs-up by big names such as award-winning Henry Steed, responsible for the landscaping of the landmark Four Seasons Park condo off Orchard Boulevard, and who is the landscape architect behind new project Sky@eleven being developed by Singapore Press Holdings (SPH).

For this project, the British-born Mr Steed has dreamed up the idea of a semi-jungle 'underneath' the residential units, which start from the fifth storey.

The 59-year-old, who has worked in Singapore for 24 years, made headlines last month with his Philosopher's Seat creation at the inaugural Singapore Garden Festival. It won him a gold medal and award for best landscape garden. His design consisted of a tropical garden set at the edge of a marshland and hidden amid the ruins of an abandoned jetty.

Landscaping isn't just important as the finishing touch to a project, points out Mr Steed, a director at well-known ICN Design International, which has done the landscaping for condo Cairnhill Crest and the one-north science hub in Buona Vista.

Even in the marketing brochure, before construction has even started, it plays its part as visual seduction. 'Buyers dream of having that kind of lifestyle,' says Mr Steed, a Singapore permanent resident.

This is especially so for upmarket condos such as Sky@eleven, where buyers tend to expect more from their landscaping, he adds.

It's a far cry from 10 years ago, when landscaping came low in the budgeting priorities of condo developers.

Today, the money they spend on this aspect is more than double that previously, he says, without giving specific figures.

'Property developers are seeing the importance of landscaping, as it enhances the property,' he says.

Ms Helen Smith-Yeo, a principal architect with landscape architecture firm Sitetectonix, agrees. Her firm has done the landscaping for upmarket condos such as Three Three Robin and Botanic@Lloyd.

She was unable to give figures but confirms that more money is being spent than in the past, adding that developers are also willing to fork out money for better quality materials.

'They see the reward in the end-product. A good end-product means better sales, as the project can fetch a higher price,' she says.

An enthusiastic Mr Steed has lush plans for his semi-jungle at Sky@eleven, but adds that the landscaping will be subtle yet smart, to fit in with the tastes of its target clientele.

In the 48,437 sq ft, five-storey high space, he will be planting ferns, palms, trees and low shrubs. The green sanctuary will also have water features and pathways for residents to walk through.

He says a well-designed landscape is a combination of aesthetics and pragmatic solutions.


http://img378.imageshack.us/img378/7306/20070127001bbb7d31aa0.png
WATER, WATER EVERYWHERE: A 50m lap pool on Sky@eleven's carpark roof is surrounded by other water features and lush landscaping.


Take Sky@eleven's 50m lap pool on the carpark roof. He will put in trees, flowers and shrubs to make the area resemble a pool in a garden, rather than on a roof-top.


Growing interest

APART from designing the landscape for Sky@eleven, for the past two years Mr Steed has been busy doing work for Sentosa Leisure Group.

The island's Imbian Lookout - combining greenery and newly-built outdoor escalators - are his doing.

'The job is not just about plants, but about making areas more accessible,' he says.

One of his earliest projects for the popular tourist island was in 1982, when he designed its fountain gardens.

He has also been the island's consultant for its annual floral festival - Sentosa Flowers. He will again be involved in this year's festival from Feb 18 to 25.

He notes that Singapore's hot and wet climate is a boon for plant growing, compared to temperate climates.

'Working in the tropics is more satisfying as things don't take so long to grow,' says Mr Steed, who hastens to add that he is, however, a patient person.

'Here, plants take three months to thicken, and trees about four years,' he says. In colder climates, plants take three years to thicken, and a tree could take 10 to 12 years to mature.

He gets a kick out of seeing trees that he planted 20 years ago, such as on Sentosa, grow and flourish. 'It's like seeing a child grow up, but better, because unless someone chops it down, it will be there for a long time.'

There is a downside to Singapore's climate though - plants here can grow too fast. 'The solution is finding the right plants - those that do not grow too tall.'

The landscape veteran traces the roots of his interest in landscaping to his childhood: 'I was always curious to find out more about a location - if it was man-made or natural, or the differences between a forest and a desert,' he recalls.

In the 1960s, when he went to university, landscape architecture was a new course of study, but it 'turned out to be a combination of my interests', says Mr Steed. He graduated with a diploma in landscape architecture from the Gloucestershire College of Art & Design and Pershore College of Horticulture.

Mr Steed, who speaks English, French and Bahasa Indonesia, has served as a council member of the Singapore Institute Of Landscape Architects (Sila) and has won numerous awards.

However, he says he has a more down-to-earth way of knowing he has done his job well: when people start taking photos of the landscape he has created.

Joe6816
26-10-08, 15:53
@2x-03, 2713sqft sold at a loss. Owner bought 985psf, March 07

Sold Oct 08 at 950psf. Loss of 35psf plus stamp fee and agent comm.

Sky11
26-10-08, 22:09
for such a high flr, owner only bgt at 900plus, must be VVIP insider who bgt ?? anyway, high flr is asking 10x0psf nw, guess it will drop further ?
Location is really not ideal, though layout and finishings are really good

Joe6816
27-10-08, 11:17
for such a high flr, owner only bgt at 900plus, must be VVIP insider who bgt ?? anyway, high flr is asking 10x0psf nw, guess it will drop further ?
Location is really not ideal, though layout and finishings are really good


Which project will be a better buy compare to SKY11?

moonk123
19-11-08, 10:26
i like the project...so greenery

view 720 degree virtual tour from
http://www.virtualhomes.sg/sky@eleven

kalumder
12-02-09, 22:21
This project intrigues me as an investment, with a holding period of 5-10 years. I presume if top is reached 2009, a lot of people will be forced to sell. Since they purchased at near peak prices. There are bound to be investors or people who over extended themselves considering the current economy. Considering the size of this development I dont think it would be that unreasonable.

can anyone say what the psf of this area was in 2003/04/05, or point me to the place where I can find it out.

would targeting a price of between 700 and 800 psf this year or next be that outrageous? Maybe even lower?

hk2313
14-04-09, 13:00
TOP is now Mid 2010

Lowest Asking Prices now for very few apts 870-890, heard that many owners have withdrawn their apts from sale and decided to keep / waiting for market to improve

Looks like a good buy to me below 900 for decent floor

cartman
14-04-09, 17:50
TOP is now Mid 2010

Lowest Asking Prices now for very few apts 870-890, heard that many owners have withdrawn their apts from sale and decided to keep / waiting for market to improve

Looks like a good buy to me below 900 for decent floor

why they delay the top? waiting to see the actual units ;)

think at this asking price, some already lost money

proud owner
15-04-09, 11:45
why they delay the top? waiting to see the actual units ;)

think at this asking price, some already lost money

i am not surprised that most who bought to 'speculate' are losing big time ..

i have always felt SKY@11 is a cheat ... its actually 'next to' Toa Payoh .. and sold at prime dist pricing...

dec08 880 psf
feb09 900 psf

850-900 looks more like what it should be ... or what it should have been launched at ...

Thomson 800 is also trading at around 850-750 region now ... its price has never really fluctuated, even during 2007-8 peak ...

Property_Owner
15-04-09, 11:54
i am not surprised that most who bought to 'speculate' are losing big time ..

i have always felt SKY@11 is a cheat ... its actually 'next to' Toa Payoh .. and sold at prime dist pricing...

dec08 880 psf
feb09 900 psf

850-900 looks more like what it should be ... or what it should have been launched at ...

Thomson 800 is also trading at around 850-750 region now ... its price has never really fluctuated, even during 2007-8 peak ...

Agree, this is a one time hit and run by SPH. Dr Tan buy and the rest follows. This one sure crash. :spliff2:

East Lover
15-04-09, 12:06
i am not surprised that most who bought to 'speculate' are losing big time ..

i have always felt SKY@11 is a cheat ... its actually 'next to' Toa Payoh .. and sold at prime dist pricing...

dec08 880 psf
feb09 900 psf

850-900 looks more like what it should be ... or what it should have been launched at ...

Thomson 800 is also trading at around 850-750 region now ... its price has never really fluctuated, even during 2007-8 peak ...
Silver sea is back now...:)

that agent seems representing FEO, post water place, silver sea in D15...

Isn't it a cheat also? For water place, resale market already drop to 8xx psf, they are still dear dear to ask 950psf!
http://forums.condosingapore.com/showpost.php?p=50126&postcount=274

Property_Owner
15-04-09, 12:11
Silver sea is back now...:)

that agent seems representing FEO, post water place, silver sea in D15...

Isn't it a cheat also? For water place, resale market already drop to 8xx psf, they are still dear dear to ask 950psf!
http://forums.condosingapore.com/showpost.php?p=50126&postcount=274

Silver sea? If you buy you will ' Si bei Si' Sure die.

proud owner
15-04-09, 12:12
Silver sea is back now...:)

that agent seems representing FEO, post water place, silver sea in D15...

Isn't it a cheat also? For water place, resale market already drop to 8xx psf, they are still dear dear to ask 950psf!
http://forums.condosingapore.com/showpost.php?p=50126&postcount=274

i was at a friend's place last saturday night at Laguna place ..
damn good view of the sea and lagoon ... also very breeezy ...

but the constant trafiic noise is a real turn off ... then suddenly i heard a low pitch roaming noise ...

friend said its the plane ... after a while will get use to it ...

i am not sure about silversea .. being so near to ECP ..the higher you go up ..the noisier it gets ...

should one still pay more for VIEW, and bear with constant noise of highway traffic ...

i am not sure will the planes landing and taking off be felt at this part of east coast ...

so ... a no no for me ..

hk2313
15-04-09, 12:32
don think its a "cheat", after all, ppl can look at the location and decide themselves, not like somebody buying "blind"

layouts are sure nice (compared to many and didnt find anything better), and finishes and facilities supposed to be nice (can only wait and see)

Property_Owner
15-04-09, 12:34
i was at a friend's place last saturday night at Laguna place ..
damn good view of the sea and lagoon ... also very breeezy ...

but the constant trafiic noise is a real turn off ... then suddenly i heard a low pitch roaming noise ...

friend said its the plane ... after a while will get use to it ...

i am not sure about silversea .. being so near to ECP ..the higher you go up ..the noisier it gets ...

should one still pay more for VIEW, and bear with constant noise of highway traffic ...

i am not sure will the planes landing and taking off be felt at this part of east coast ...

so ... a no no for me ..

If one need to pay for view at that area. I would go for Aalto. Pay a bit more but at least I get a FH. Not 99.

hk2313
15-04-09, 12:51
sky is FH, not 99

Property_Owner
15-04-09, 13:02
sky is FH, not 99

We are talking about silver sea:)

hk2313
15-04-09, 14:42
sorry for the oversight

anyway, bought sky last week and am happy with the price paid n location ...

Property_Owner
15-04-09, 15:03
sorry for the oversight

anyway, bought sky last week and am happy with the price paid n location ...

Congrats. How much you paid for it? high floor?

franzmark
15-04-09, 15:30
Average pricing for this project was peak in August 2007 at 1600psf. It has dropped to 880psf in December 08, almost half. I can see why people are buying up this place now. But again, you may buy below 1k psf but it will not be for good floor and facing units....

hk2313
15-04-09, 15:30
between 10 and 20 floor

850

franzmark
15-04-09, 15:31
sounds like a good buy, what is your total quantum?


between 10 and 20 floor

850

hk2313
15-04-09, 15:39
sorry, what do you mean by quantum

2713 sqf

kalumder
15-04-09, 15:50
found a really good offer
http://www.propertyguru.com.sg/listing/360419/for-sale-sky-eleven

:doh:

franzmark
15-04-09, 15:51
Wow, that is 2.3mil for the unit you bought, wonder what the penthouses are going for during the peak in 2007. :confused:



sorry, what do you mean by quantum

2713 sqf

Property_Owner
15-04-09, 15:52
Very good price. Below launch price or not?

franzmark
15-04-09, 15:53
you call 1400psf a good offer? someone just bought a unit at 850psf...



found a really good offer
http://www.propertyguru.com.sg/listing/360419/for-sale-sky-eleven

:doh:

hk2313
15-04-09, 15:54
launch was 940 + for that unit

franzmark
15-04-09, 15:56
So you are telling me you got a distressed sale at below launch price?


launch was 940 + for that unit

hk2313
15-04-09, 15:58
it was below launch price for that unit, if distressed or not, depends on interpretation of the seller I guess................

franzmark
15-04-09, 16:02
sure sounds like a fire sale to me unless it is a director of the developer selling you the unit at a big profit...



it was below launch price for that unit, if distressed or not, depends on interpretation of the seller I guess................

hk2313
15-04-09, 16:08
no, not anybody related to developer

in any case, as mentioned, i thought price was good....had been following this since last august, when asking for comparable ones was 1050/1100 or even higher, which was not affordable

franzmark
15-04-09, 16:10
Why didn't you consider some penthouses for new launches in D12 with some going for just 6xxpsf? I think a number of penthouses along that st michael stretch are going at around that price.



no, not anybody related to developer

in any case, as mentioned, i thought price was good....had been following this since last august, when asking for comparable ones was 1050/1100 or even higher, which was not affordable

kalumder
15-04-09, 16:18
ou call 1400psf a good offer? someone just bought a unit at 850psf...

I was being sarcastic, hence the doh smiley :D
Too bad, top is mid 2010, I like the units layout especially the 2700+ ones. I also like that the condo mainly targets families. Dont know if I will still have cash in 2010 to buy a unit, but I definetly want to wait and see the finish before I commit. Even at 850psf, 2.3million for a family condo is a lot of money. Wonder what the percentage will be for own stay, and what for rental. Not sure if expats want to live in that area, given the amount of choice

Property_Owner
15-04-09, 16:26
Good price. Congrats:)

hk2313
15-04-09, 16:30
i like the floorplan of sky, i actually do like the location as well (as the way it looks nothing can be built around it for foreseeable future, with school, private club, polo club etc around it), like the facilities ... do not really like 2 floor PH very much....looked i.e. at the Arte @ Thompson, and the way they designed it, it looses lots of space and you pay for areas you cant use

franzmark
15-04-09, 23:41
the price is good relative to past prices for the project being historically lowest for the project, but for the size of the project, could one actually get a similarly luxurious project for 7xxpsf in this market in D9, 10 or 11? if i had that kind of money, i would invest in a landed or a penthouse, but again, that is just my preference...

proud owner
16-04-09, 10:48
the price is good relative to past prices for the project being historically lowest for the project, but for the size of the project, could one actually get a similarly luxurious project for 7xxpsf in this market in D9, 10 or 11? if i had that kind of money, i would invest in a landed or a penthouse, but again, that is just my preference...

i agree that 850 psf for that size is a pretty good buy ...
i also agree that the layout is good .. saw the showflat .. pretty good finishing too

having said that , i still feel its not a fantastic location .. look at the map here http://www.propertyguru.com.sg/listing/360419/for-sale-sky-eleven
it is next to toa payoh ... in and out via thomson road ?? hows the traffic during peak hour ?

my biggest NO NO is the address ... 422 Thomson Road ? Die easy easy ..i super superstitious .. so this is personal reason ...a NO for me ... even though i agree 850 psf is pretty good deal .. considering where it has gone from and down to ...

Property_Owner
16-04-09, 11:01
i agree that 850 psf for that size is a pretty good buy ...
i also agree that the layout is good .. saw the showflat .. pretty good finishing too

having said that , i still feel its not a fantastic location .. look at the map here http://www.propertyguru.com.sg/listing/360419/for-sale-sky-eleven
it is next to toa payoh ... in and out via thomson road ?? hows the traffic during peak hour ?

my biggest NO NO is the address ... 422 Thomson Road ? Die easy easy ..i super superstitious .. so this is personal reason ...a NO for me ... even though i agree 850 psf is pretty good deal .. considering where it has gone from and down to ...

Bro, Lol. Didn't know you so superstitious. Buy house must see address.

proud owner
16-04-09, 11:04
Bro, Lol. Didn't know you so superstitious. Buy house must see address.

try selling 14 flr to local and 13 flr to angmoh ...

same reason man ... prices have to be lower for such numbers ...

hk2313
16-04-09, 13:56
the address is actually 5 Thomson Lane, not 422 Thomsom Road

As for traffic, they will allow a right turn from Thomas Road into Thomon Lane

13 / 14 F -- I dont think that matters very much anymore, unless "one" is very old fashioned...my personal opinion...

hk2313
16-04-09, 14:01
of course i mean right turn from thomson road into thomson lane

franzmark
16-04-09, 14:08
anyway all property has its pros and cons. i have seen people losing a lot of money in stocks so pty is still the best and safest investment in my opinion. if you and ur family like the unit very much, the pty is actually priceless.....:)



of course i mean right turn from thomson road into thomson lane

proud owner
16-04-09, 14:13
anyway all property has its pros and cons. i have seen people losing a lot of money in stocks so pty is still the best and safest investment in my opinion. if you and ur family like the unit very much, the pty is actually priceless.....:)

well said

i concur

jc
16-04-09, 15:45
i like the floorplan of sky, i actually do like the location as well (as the way it looks nothing can be built around it for foreseeable future, with school, private club, polo club etc around it), like the facilities ... do not really like 2 floor PH very much....looked i.e. at the Arte @ Thompson, and the way they designed it, it looses lots of space and you pay for areas you cant use

On the contrary, i thought there would be another residential coming up that block all the view of Sky units. Anyway, if u like the location, congrats anyway :)

august
18-04-09, 12:44
On the contrary, i thought there would be another residential coming up that block all the view of Sky units. Anyway, if u like the location, congrats anyway :)

got ah?? which one ah? :confused:

hk2313
05-05-09, 11:36
...hmm...solicitor lodged caveat in my favour on 13.4, however, still cant find the transaction at URA online....is it normal it takes so long ? thought they update twice a week...plenty of transactions from other condos for april inthere...

august
05-05-09, 12:09
...hmm...solicitor lodged caveat in my favour on 13.4, however, still cant find the transaction at URA online....is it normal it takes so long ? thought they update twice a week...plenty of transactions from other condos for april inthere...

your solicitor run road?! :eek:



joking :o

hk2313
05-05-09, 12:15
no, still there (I hope)

Just saw that it was lodged on 20.4 not 13.4, so maybe not that longyet

Property_Owner
05-05-09, 12:18
your solicitor run road?! :eek:



joking :o

Another question. So mant things had been mentioned about agents mislead and so on. What about lawyers? You people not afraid they run road? It happened before right?

august
05-05-09, 12:37
Another question. So mant things had been mentioned about agents mislead and so on. What about lawyers? You people not afraid they run road? It happened before right?
Cos of a few such cases, the CJ made some noise leading to some talk or new legislation to limit sums of client money that can be handled by lawyers...
not sure if they are in force yet.
if in force it just means u got to pay higher lawyer fees lor

hk2313
05-05-09, 12:37
sure, you are right, but if you are dealing with a reputable agent and a large lawfirm, it seems unlikely I guess

wmwa
08-05-09, 00:52
Hi,

Does anyone have any idea what the cost of conservancy for Sky@11 is?

Thanks

hk2313
08-05-09, 12:46
Project Namehttp://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('PROJECT_NAME');)Street Namehttp://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('STREET_NAME');)Typehttp://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('PROPERTY_TYPE');)No. of Unitshttp://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('COVER');)Price
($)http://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('PRICE');)Land/
Floor Area (Sqft)http://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('FLOOR_LAND_AREA_SQF');)Unit Price ($psf)http://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('PRICE_PSF');)Date of Option Exercised / Sales Agreement Signedhttp://www.ura.gov.sg/WebResources/images/common/sortIcon.jpg (javascript:setSortBy('CONTRACT_DATE');)SKY@ELEVEN (javascript:popUp('submitSISV.do?project_name=SKY@ELEVEN&street_name=THOMSON%20LANE&property_type_code=24');)THOMSON LANECondominium12,306,0502,713850Apr-09

I am told that some other sales in April for higher floors (above 20th) were at 900, for above 25 at 1100 and penthouse also around 1080 ... lets see if the caveats will be filed

hk2313
10-05-09, 21:31
http://www.skyscrapercity.com/showthread.php?t=390161&page=9

Construction is going nicely , new pics at bottom of the page linked

hk2313
13-05-09, 17:42
1 SKY@ELEVEN THOMSON LANE Condominium 1 1684410 1851 910 Apr-2009

2 SKY@ELEVEN THOMSON LANE Condominium 1 2441700 2713 900 Apr-2009
3 SKY@ELEVEN THOMSON LANE Condominium 1 2306050 2713 850 Apr-2009
4 SKY@ELEVEN THOMSON LANE Condominium 1 2043900 2271 900 Feb-2009

hk2313
04-06-09, 15:41
almost nothing being offered on propguru etc below 1000 psf now, mostly 1100 +



1 SKY@ELEVEN THOMSON LANE Condominium 1 1758450 1851 950 May-2009

2 SKY@ELEVEN THOMSON LANE Condominium 1 2498100 2271 1100 May-2009
3 SKY@ELEVEN THOMSON LANE Condominium 1 2066610 2271 910 May-2009
4 SKY@ELEVEN THOMSON LANE Condominium 1 4800000 4844 991 Apr-2009
5 SKY@ELEVEN THOMSON LANE Condominium 1 2498100 2271 1100 Apr-2009
6 SKY@ELEVEN THOMSON LANE Condominium 1 1684410 1851 910 Apr-2009
7 SKY@ELEVEN THOMSON LANE Condominium 1 2441700 2713 900 Apr-2009
8 SKY@ELEVEN THOMSON LANE Condominium 1 2306050 2713 850 Apr-2009

hk2313
26-06-09, 11:45
Anybody besides me owning a unit there ?

Pricing has gone up tremendously again, basically impossible to find offers below 1100 now

Anybody know when TOP is expected ....still June 2010 or earlier by any chance ?

hk2313
08-07-09, 14:37
last URA update shows transaction for 2271 sqf transacted at 898 psf, which is totally out of the market given current trades, even for the lowest floor. Wonder if somebody filed caveat 3 or 4 months late ..... does anybody know which floor / stack this one was ?

Regulators
08-07-09, 14:43
for the size of the unit, that is fair value...



last URA update shows transaction for 2271 sqf transacted at 898 psf, which is totally out of the market given current trades, even for the lowest floor. Wonder if somebody filed caveat 3 or 4 months late ..... does anybody know which floor / stack this one was ?

Property_Owner
08-07-09, 14:44
Anybody besides me owning a unit there ?

Pricing has gone up tremendously again, basically impossible to find offers below 1100 now

Anybody know when TOP is expected ....still June 2010 or earlier by any chance ?

Today's cat showing Sky asking 1200psf above. You gt yourself a really good deal

dormer
08-07-09, 14:48
last URA update shows transaction for 2271 sqf transacted at 898 psf, which is totally out of the market given current trades, even for the lowest floor. Wonder if somebody filed caveat 3 or 4 months late ..... does anybody know which floor / stack this one was ?

The unit is #16-07. Do not know whether the caveat is the recent one or not?

hk2313
08-07-09, 15:01
@ regulators

hmmm....why is 898 a fair value for the size of the condo ? if you check URA further, you see its the lowest ever for that size, and other transactions in recent month between 950 and 1200 (with rising prices in may / june) thats why I said its out of the market and maybe an old caveat

@ property owner

not my unit. I paid 850 psf for the 2700 one in April ... but at 898, I would have bought this one now as well, IF I would have had the money...which I dont....first purchase took up all available cash


@ dormer

thanks. Average asking and transaction price for that height is around 1100 - 1200 now, so I think its an old caveat lodged with delay, or somebody got really lucky

hk2313
13-08-09, 21:33
If anybody interested in #14-02 (not best floor but best stack), 2713 sqf at 1150 psf, pl message me

SP specialist
22-10-09, 18:08
Hi, I have a buyer looking for 4brm unit with budget of 1250psf. Anyone selling pls let me know. thanks.

ozoc_79
23-10-09, 13:15
Anyone knows if Sky@Eleven has a side door that leads towards Toa Payoh? Dun tink i saw it on the layout plan. If not, den it will be super far from tpy mrt....:doh:

lancelot
23-10-09, 17:46
Anyone knows if Sky@Eleven has a side door that leads towards Toa Payoh? Dun tink i saw it on the layout plan. If not, den it will be super far from tpy mrt....:doh:
Yes, there is. It is one of the selling point, having both the prestige of district 11 and the amenities/convenience of district 12. If you drive, you come out via Thomson Road and skip the jam from TPY that leads to PIE/Thomson Road. If you walk, TPY hub/MRT station is 8-10mins away. Best for those with daughters schooling in CHIJ. A mere 2-3 min walk to school.

kali-yuga
23-10-09, 21:22
Bro walk to HDB hub can't be 8 - 10 mins lah. Aku walk from HDB hub to Trellis Tower also at least 10 mins liao....and Sky@11 is even further down.

lancelot
23-10-09, 21:36
Bro, you walk pretty slow. Or do you start clocking the time only when you walk out of your unit? If you start from Trellis gate, why should it take you so long? Walk faster lah. :)
The side gate at Sky is just one HDB block away from Trellis so it's not that much farther.

ozoc_79
24-10-09, 02:22
Bro, you walk pretty slow. Or do you start clocking the time only when you walk out of your unit? If you start from Trellis gate, why should it take you so long? Walk faster lah. :)
The side gate at Sky is just one HDB block away from Trellis so it's not that much farther.

thanks! am looking into getting a unit there sn. ;)
Are u an owner of any unit? TOP june 2010?

lancelot
26-10-09, 20:59
I don't like to say what I own or don't own in a public forum. Glad you like it. Sky@11 is a premium development in a less than ideal location. But that can be considered a good thing as prices are consequently very reasonable for a Paragon quality product. For instance, the living room and master bedroom have ducted aircon. Very classy. I have seen many high end D9 and D10 projects that don't have this feature. All units are single loading, which mean everyone of them get reservoir view, city view and pool view. Because the towers are lined up in a moderate curve, the 2820sq units (stack 1) have the best orientation and views of 270 degrees. If you are looking at the bigger units, stacks 1 and 2 are preferred as they are farthest away from HDB blocks and have N-S facing. For 2271sq units, stack 6 is the best. Pick any floor that is 22nd and above and you can avoid having your views of the city being blocked by neighbouring HDB flats. And there is no funny business of mickey mouse units with the smallest weighing in at 1851sqft. Finally, an added icing to the cake for me is Sky's name in Chinese. Lovely.

ozoc_79
27-10-09, 10:53
I don't like to say what I own or don't own in a public forum. Glad you like it. Sky@11 is a premium development in a less than ideal location. But that can be considered a good thing as prices are consequently very reasonable for a Paragon quality product. For instance, the living room and master bedroom have ducted aircon. Very classy. I have seen many high end D9 and D10 projects that don't have this feature. All units are single loading, which mean everyone of them get reservoir view, city view and pool view. Because the towers are lined up in a moderate curve, the 2820sq units (stack 1) have the best orientation and views of 270 degrees. If you are looking at the bigger units, stacks 1 and 2 are preferred as they are farthest away from HDB blocks and have N-S facing. For 2271sq units, stack 6 is the best. Pick any floor that is 22nd and above and you can avoid having your views of the city being blocked by neighbouring HDB flats. And there is no funny business of mickey mouse units with the smallest weighing in at 1851sqft. Finally, an added icing to the cake for me is Sky's name in Chinese. Lovely.


Thks for the info! Am waiting for price to drop...and yeah, getting the 1851sqft, the rest too expensive!!:p

hk2313
27-10-09, 13:18
Dont think prices will drop very far, due to the size of the units, the spf is rther low already. best was in march / april at 850-900. Some units sold last months around 950 psf, but that was 5 F (i.e. in principle 1st F)

Ronan Loh
29-04-10, 16:36
Sky 11 is top of my house-hunt list!

Spacious layout, lacation , overall design :cool:

Ronan Loh
29-04-10, 17:16
http://www.nationproperty.sg/


Learn about this website from other thread.

Analyzed several sky11 resales, all first buyers profit :2cents: :2cents: :2cents: :2cents:



Salute to sky11 ;) Buyer - Smart

proud owner
30-04-10, 01:38
http://www.nationproperty.sg/


Learn about this website from other thread.

Analyzed several sky11 resales, all first buyers profit :2cents: :2cents: :2cents: :2cents:



Salute to sky11 ;) Buyer - Smart

if i remember correctly .. some first buyers sold back at cost ..during 08

but yes ..majority all profit ..

Reporter
30-04-10, 13:08
Sky@Eleven has a nëw hďgh of $1,409 psf!


Sky@Eleven
Address ........................ psf ............... Area ........... Price ............ Contract Date
9 Thomson Lane #36-07 .... $1,409 psf .... 2,271 sqft .... $3,200,000 .... 29 Mar 10

lancelot
01-06-10, 16:31
Owners, congrats. Keys are progressively being handed out this week starting with the smallest units.:)

DC33_2008
01-06-10, 16:52
The view from this must be very nice especially towards the reservior. Anyone has taken any photos?

kane
01-06-10, 23:42
36th floor, no wonder the premium.

DC33_2008
02-06-10, 08:28
This development is far better than the Arte.

devilplate
02-06-10, 10:55
definitely far better, but no smaller units..haiz...all super hugeeee

Property_Owner
02-06-10, 14:25
if i remember correctly .. some first buyers sold back at cost ..during 08

but yes ..majority all profit ..

some sold @ loss leh....

devilplate
02-06-10, 15:54
some sold @ loss leh....

yeah, last yr march-april some sold at loss ard 8xxpsf...i was drooling over it...not enuff funds

sleek
02-06-10, 15:55
Yup, big units so big quantum! :scared-5:


yeah, last yr march-april some sold at loss ard 8xxpsf...i was drooling over it...not enuff funds

lancelot
02-06-10, 17:43
some sold @ loss leh....
Especially the poor guy who sold a penthouse at $4m or $900psf! Recently the same unit was being advertised for sale at above $1,500psf

Property_Owner
02-06-10, 20:54
Especially the poor guy who sold a penthouse at $4m or $900psf! Recently the same unit was being advertised for sale at above $1,500psf


what is so fascinating for sky?

teddybear
02-06-10, 21:02
Because people living there can reach the 11th Heaven (that is why called "Sky @ 11"). :p


what is so fascinating for sky?

lancelot
03-06-10, 17:19
what is so fascinating for sky?

One word: quality. All units are single loading with both front and back balcony views. This is SPH's first condo project and it employed some award winning landscapers and architects to do it and do it well. Touted as Paragon class. Sub cons also won't dare to pull a fast one cos all the big time directors bought units. Tony Tan himself bought 3 units. Any poor workmanship sure kena comprain jialat jialat.

august
03-06-10, 19:33
One word: quality. All units are single loading with both front and back balcony views. This is SPH's first condo project and it employed some award winning landscapers and architects to do it and do it well. Touted as Paragon class. Sub cons also won't dare to pull a fast one cos all the big time directors bought units. Tony Tan himself bought 3 units. Any poor workmanship sure kena comprain jialat jialat.

his units sure get special care, others maybe not as siao on? hehehe :o

noblebaby
07-06-10, 22:26
Sky @ 11 obtained TOP last month, 9 months after the structure topped-out!

Cheers to all owners!

hk2313
07-06-10, 22:59
regret sold mine at 1120.....but had bought at 850....was too good a profit to resist that time.....

Mongoose
07-06-10, 23:18
regret sold mine at 1120.....but had bought at 850....was too good a profit to resist that time.....

that's pretty decent profit lah. many prob wld hv taken profit too if they were not holding the unit to stay.
presumably you would have re-invested some or all of it (either in ppty or maybe some equity), you would have also gained some upside or current in the money. altho these days stock market cmi...

Mongoose
07-06-10, 23:21
btw, any owners get their keys yet? how's the units/finishing?
any photos or scenery shots?
if not for the huge units and quantum, i also keen on sky11... too bad can't afford

Ronan Loh
10-06-10, 20:49
Got a apptment to view 3+1 bedder at tmr evening.............


Call yr agent now!!!

TOP
14-06-10, 17:48
Here attached are some photos of a typical unit.

Overall assessment : Above average

devilplate
14-06-10, 17:52
nice marble:D

mcmlxxvi
14-06-10, 18:44
WOW wow wow

TOP
14-06-10, 19:24
the >S$2K designer's ma-tong.

devilplate
14-06-10, 20:06
nice bowl! see liao got urge wor:D

scsc
14-06-10, 20:25
nice bowl! see liao got urge wor:D

u mean... it being round round one? :ashamed1:

dtrax
14-06-10, 20:31
I'm pretty impressed I muz say. How about comparison with MBR? I saw a few photos taken by MBR interior, nothing much to brag about imo :)

andy
14-06-10, 21:14
Here attached are some photos of a typical unit.

Overall assessment : Above average

Quite a few views overlooking HDB;-(

TOP
14-06-10, 21:23
Back facing HDB, front not back. see photo.

devilplate
15-06-10, 01:09
any nicer view? seems dissapointing:(

teddybear
15-06-10, 01:21
How to be nice when the marbles are:
1) not cut from a solid slab
2) not even dry laid
These marbles are just scattered pieces.


nice marble:D

teddybear
15-06-10, 01:23
A high-class condo is one where:
1) When you look out of the windows, you don't see any HDB estate in sight. :-)
2) The nearest HDB flats should be 500m or more away.
Sky@11 failed both criteria. :o


Quite a few views overlooking HDB;-(

devilplate
15-06-10, 11:58
A high-class condo is one where:
1) When you look out of the windows, you don't see any HDB estate in sight. :-)
2) The nearest HDB flats should be 500m or more away.
Sky@11 failed both criteria. :o

sk11 obviously not on par with luxury segment....if not shd be 2xxxpsf instead of 13xxpsf:D

devilplate
15-06-10, 12:02
How to be nice when the marbles are:
1) not cut from a solid slab
2) not even dry laid
These marbles are just scattered pieces.

u rich mah and standard high

i poor man...got such marble i WOW liao:D

i dare not even go into orchard/sentosa showflats these days...feel so shy

i call up agts selling sentosa..i say 3mil budget for 3bedder...he/she tell me dun waste their time:(

btw, a project call Lucida got the best marble flooring i ever seen...very very big piece:D

focus
15-06-10, 13:52
u rich mah and standard high

i poor man...got such marble i WOW liao:D

i dare not even go into orchard/sentosa showflats these days...feel so shy

i call up agts selling sentosa..i say 3mil budget for 3bedder...he/she tell me dun waste their time:(

btw, a project call Lucida got the best marble flooring i ever seen...very very big piece:D

http://www.propertyguru.com.sg/listing/1007387/for-sale-the-coast-at-sentosa-cove .. ! :) Up your offer by another 300k ! :p

Regulators
15-06-10, 14:07
that agent is a fool to turn you away, can always recommend you units elsewhere for 3 mil and he gets to earn 15k in com assuming he gets 0.5%


u rich mah and standard high

i poor man...got such marble i WOW liao:D

i dare not even go into orchard/sentosa showflats these days...feel so shy

i call up agts selling sentosa..i say 3mil budget for 3bedder...he/she tell me dun waste their time:(

btw, a project call Lucida got the best marble flooring i ever seen...very very big piece:D

Regulators
15-06-10, 14:09
have u bought ur place yet? i am also looking for another unit to buy but does not seem like the time is right.


http://www.propertyguru.com.sg/listing/1007387/for-sale-the-coast-at-sentosa-cove .. ! :) Up your offer by another 300k ! :p

teddybear
15-06-10, 14:20
Ok Ok. Sky11 if that location can fetch $2xxx psf. Then nearer the Orchard area Newton area can fetch $3xxx psf! :D


sk11 obviously not on par with luxury segment....if not shd be 2xxxpsf instead of 13xxpsf:D

devilplate
15-06-10, 14:29
have u bought ur place yet? i am also looking for another unit to buy but does not seem like the time is right.

same here..i only want sentosa or MBR

Regulators
15-06-10, 14:47
one agent told me a #3x floor unit at rochester selling at a loss at $12xxpsf when owner bought at 14xxpsf in 2007. i told her how can any seller be doing a negative sale for a non-TOP project in this market and she said it is true. anyway the unit is $18xxsf in size so the quantum is still quite large.


same here..i only want sentosa or MBR

bargain hunter
15-06-10, 15:02
why not? as long as within the 1st 20% paid ie price dropped less than 20% can sell before TOP.



one agent told me a #3x floor unit at rochester selling at a loss at $12xxpsf when owner bought at 14xxpsf in 2007. i told her how can any seller be doing a negative sale for a non-TOP project in this market and she said it is true. anyway the unit is $18xxsf in size so the quantum is still quite large.

august
15-06-10, 15:06
one agent told me a #3x floor unit at rochester selling at a loss at $12xxpsf when owner bought at 14xxpsf in 2007. i told her how can any seller be doing a negative sale for a non-TOP project in this market and she said it is true. anyway the unit is $18xxsf in size so the quantum is still quite large.

yes, true. Rochester was launched in 2007 at mkt peak, some even reach 1500psf... so there r still projects that hv not managed to return to their 2007 prices.

Regulators
15-06-10, 15:27
why i say it is rare is becoz an investor who has the means to buy such a big unit at this psf would surely want to hold out till TOP and sell at better price right? i do not think the buyer who paid 14xxpsf for that unit is a fly by night investor.


yes, true. Rochester was launched in 2007 at mkt peak, some even reach 1500psf... so there r still projects that hv not managed to return to their 2007 prices.

bargain hunter
15-06-10, 15:31
sorry for my earlier post, not feeling well today so mis-read. :ashamed1: anyway, entirely possible that can't get loan as the unit could have been bought at the peak on deferred payment.

Regulators
15-06-10, 15:32
....i checked the caveat and the highest transacted for rochester for 18xxsf unit is indeed only 11xxpsf. the agent is probably right about the negative sale, and i am not sure when it will take to reach breakeven for the owner even if he decides to hold.

bargain hunter
15-06-10, 15:34
possible. if u were there on that fateful day in august 2007 at the rochester launch where almost all the units were gone in a day, (and quite a few returned later) u will know its possible for someone to be able to put 20% down and yet not have the ability to hold till TOP. :D


why i say it is rare is becoz an investor who has the means to buy such a big unit at this psf would surely want to hold out till TOP and sell at better price right? i do not think the buyer who paid 14xxpsf for that unit is a fly by night investor.

august
15-06-10, 15:47
why i say it is rare is becoz an investor who has the means to buy such a big unit at this psf would surely want to hold out till TOP and sell at better price right? i do not think the buyer who paid 14xxpsf for that unit is a fly by night investor.

2007 is red hot year with many enblocs and launches sold out within days. Probably quite a number of buyers are flippers and speculators then.

devilplate
15-06-10, 16:31
gd thing i miss out rochester too:D

1north make $...rochester bleeds

august
15-06-10, 16:39
the other one is soleil@sinaran... just manage to crawl back to launch price now, wait.. maybe not even ...

proud owner
15-06-10, 16:46
gd thing i miss out rochester too:D

1north make $...rochester bleeds

between the 2 ... i would take One North ..

rochestor looks like an office building and SO SO close to that noisy road .. just like Trillium / Tribeca opposite great world city ... super dusty and noisy

jlrx
15-06-10, 21:24
why i say it is rare is becoz an investor who has the means to buy such a big unit at this psf would surely want to hold out till TOP and sell at better price right? i do not think the buyer who paid 14xxpsf for that unit is a fly by night investor.
possible. if u were there on that fateful day in august 2007 at the rochester launch where almost all the units were gone in a day, (and quite a few returned later) u will know its possible for someone to be able to put 20% down and yet not have the ability to hold till TOP. :D

The wonder of PROPERTISM is that many years down the road when Rochester reaches $15,000 psf, the fateful day becomes the fateful day.

The fateful day can be transferred from one person to another. It doesn't matter who could hold or who could not hold (unless you happen to know them personally).

The property is independent of the person who bought it or sold it, and will go up in the long term.

PROPERTISM Rule No. 1: Property prices always go up in the long term hence properties should only be bought and not sold.

Property_Owner
15-06-10, 21:53
the other one is soleil@sinaran... just manage to crawl back to launch price now, wait.. maybe not even ...

add seafront on e list

bargain hunter
15-06-10, 22:04
of course it matters! we have the opportunity to buy from those who can't hold so that we can practice propertism in the long term! :doh:



The wonder of PROPERTISM is that many years down the road when Rochester reaches $15,000 psf, the fateful day becomes the fateful day.

The fateful day can be transferred from one person to another. It doesn't matter who could hold or who could not hold (unless you happen to know them personally).

The property is independent of the person who bought it or sold it, and will go up in the long term.

PROPERTISM Rule No. 1: Property prices always go up in the long term hence properties should only be bought and not sold.

Regulators
15-06-10, 23:34
Bro, $15000psf is possible either after i die or when Singapore currency become Goreng Pisang money again....



The wonder of PROPERTISM is that many years down the road when Rochester reaches $15,000 psf, the fateful day becomes the fateful day.

The fateful day can be transferred from one person to another. It doesn't matter who could hold or who could not hold (unless you happen to know them personally).

The property is independent of the person who bought it or sold it, and will go up in the long term.

PROPERTISM Rule No. 1: Property prices always go up in the long term hence properties should only be bought and not sold.

Regulators
15-06-10, 23:35
how do you think those loaded PRC will impact the high end segment? I think the high end will start running up coz the PRC investors are starting pour in now.


add seafront on e list

jlrx
16-06-10, 01:10
Bro, $15000psf is possible either after i die or when Singapore currency become Goreng Pisang money again....

Depends on how old you are.

Can you live another 47 years?

Look at the 1963 classifieds of Eng Aun Mansion below which is just down the road from Sky@Eleven. 3 Rooms, 2 Halls for $17,900. That's 47 years ago.

Eng Lok was en blocked in 2007 with each unit's owner receiving $2.16 million (72 times of $29,800) while Eng Aun was last transacted at $880,000 (49 times of $17,900).

Hence 10 times to $15,000 psf for either Rochester or Sky@Eleven is quite reasonable expectation. I don't think need another 47 years.


http://i305.photobucket.com/albums/nn211/jlrx_bucket/EngLokEngAunMansionsDunearnBungalow.jpg

Look at these two pieces of news, just two months apart.


Japan's debt-ridden economy
Crisis in slow motion
Japan’s government will eventually have a disaster on its hands if it fails to tackle the deep-seated problems of debt and deflation
Apr 8th 2010 | TOKYO


June 15, 2010 11:02 AM EDT
Bank of Japan unveils $33 bln lending plan to boost economy

Whenever world governments are at their wits' end, they'll just print more money and our Sing dollar is pegged to this waste paper basket of currencies. Our Goreng Pisang currency just appears to be rising relative to their Goreng Grape, Goreng Apple and Goreng Orange currencies, but all currencies have been falling since time immemorial.

http://www.zoologi.su.se/research/lindenfors/images/WastePaperBasket.jpghttp://www.flairfox.com/wp-content/uploads/2008/09/basket-with-banana-hook.jpg

devilplate
16-06-10, 01:37
HDB 5-10k 40+yrs ago...400-500k now==aso ard 50times

CLAPCLAP:D

bargain hunter
16-06-10, 09:21
i have a question:

when jlrx keeps comparing current prices with the 60s and 70s, those were days when singapore was nothing or just starting as an emerging economy. naturally when we compare now with 50 years ago, the % return is superb, say 50 to 80 times, since singapore has come a long way in the past 50 years. However, now that singapore is developed, branded and already on the world's radar, can the same returns be made over the next 50 years to 2060 or it is more realistic to target much lower returns?

teddybear
16-06-10, 09:52
Don't need 50x by 2060 lah. 10x by 2060 or average of 20% per year I am already very very happy (better than putting in the bank where the interest is not even sufficient to deflate the real inflation)!
Average 20% per year over 50 years - Where to find such good investment?
Stocks? (Company may disappear. Stocks' Index never return so much as well despite their consistent pruning to make their data look nice).
Bonds? (issuers may bankcrupt).
Banks deposits? (terrible. Not even enough to offset inflation. Banks can also go bankcrupt).
Gold? (Lagi worse, won't pay any dividend to us and we have to pay for their storage (<=> we pay interests to issuers!)).


i have a question:

when jlrx keeps comparing current prices with the 60s and 70s, those were days when singapore was nothing or just starting as an emerging economy. naturally when we compare now with 50 years ago, the % return is superb, say 50 to 80 times, since singapore has come a long way in the past 50 years. However, now that singapore is developed, branded and already on the world's radar, can the same returns be made over the next 50 years to 2060 or it is more realistic to target much lower returns?

bargain hunter
16-06-10, 10:01
err...20% per year compounded is more than 9100 times by 2060 liao...only need prices to go up 4.7% per annum to hit 10 times in 50 years. that's more realistic i feel.



Don't need 50x by 2060 lah. 10x by 2060 or average of 20% per year I am already very very happy (better than putting in the bank where the interest is not even sufficient to deflate the real inflation)!
Average 20% per year over 50 years - Where to find such good investment?
Stocks? (Company may disappear. Stocks' Index never return so much as well despite their consistent pruning to make their data look nice).
Bonds? (issuers may bankcrupt).
Banks deposits? (terrible. Not even enough to offset inflation. Banks can also go bankcrupt).
Gold? (Lagi worse, won't pay any dividend to us and we have to pay for their storage (<=> we pay interests to issuers!)).

teddybear
16-06-10, 10:06
I say average 20% per year, not 20% per year compounded. Average 20% per year over 50 years is equivalent to 4.7% per year compounded? Mmm... Seems like my target is on the too low side. :banghead:
Think 8% per year compounded should be achievable over 50 years. (meaning 30x over 50 years or 60% average over 50 years or?) ;)


err...20% per year compounded is more than 9100 times by 2060 liao...only need prices to go up 4.7% per annum to hit 10 times in 50 years. that's more realistic i feel.

bargain hunter
16-06-10, 10:11
8% compounded would give u 47 times.

so back to square one mah, that is almost 50 times in 50 years. :)

which goes back to my first question, can we still sustain 50 times in 50 years now that we are more of a developed nation than an emerging one?


I say average 20% per year, not 20% per year compounded. Average 20% per year over 50 years is equivalent to 4.7% per year compounded? Mmm... Seems like my target is on the too low side. :banghead:
Think 8% per year compounded should be achievable over 50 years. (meaning 30x over 50 years or 60% average over 50 years or?) ;)

cheerful
16-06-10, 10:13
between the 2 ... i would take One North ..

rochestor looks like an office building and SO SO close to that noisy road .. just like Trillium / Tribeca opposite great world city ... super dusty and noisy

Yeah, will take OneNorth anytime over Roc ... OneN shld have the benefit of being served by two mrt lines ... but hey, this is sky@11 thread :o

proud owner
16-06-10, 10:18
Yeah, will take OneNorth anytime over Roc ... OneN shld have the benefit of being served by two mrt lines ... but hey, this is sky@11 thread :o


no matter how good Sky@11 is ... common people...it really is just a well buiilt condo next to Toa payoh ... location wise cannot compare with the true D11 props

teddybear
16-06-10, 10:32
Wah, you poke a needle and some people's blood coming out - those people are hoping (or should I say dreaming?) that their suburb (D5?) properties are priced on par with those in core Orchard (not just any D9/D10/D11 properties) even though that distance probably takes >30mins to travel during normal hours and may take up to >1 hour during peak hours.

At least Sky@11 is still close to other core D11 properties (despite its closer proximity to Toa Payoh and its HDB estate and hence less desirability as not so exclusive).


no matter how good Sky@11 is ... common people...it really is just a well buiilt condo next to Toa payoh ... location wise cannot compare with the true D11 props

proud owner
16-06-10, 10:36
Wah, you poke a needle and some people's blood coming out - those people are hoping (or should I say dreaming?) that their suburb (D5?) properties are priced on par with those in core Orchard (not just any D9/D10/D11 properties) even though that distance probably takes >30mins to travel during normal hours and may take up to >1 hour during peak hours.

At least Sky@11 is still close to other core D11 properties (despite its closer proximity to Toa Payoh and its HDB estate and hence less desirability as not so exclusive).

opps sorry hor ...

IF ..in the next few years .. no further development in that area .. Sky@11 will be like that condo at Lornie , facing Macritchie, next to hospital ... doing a Eric Carmen ... ALL BY MYSELF ... good view .. but thats about it .. the only amenities is the hospital

so people ..better pray for more amenities around Sky ...

bargain hunter
16-06-10, 10:45
thomson 800...they will become each other's closest neighbours. :)



opps sorry hor ...

IF ..in the next few years .. no further development in that area .. Sky@11 will be like that condo at Lornie , facing Macritchie, next to hospital ... doing a Eric Carmen ... ALL BY MYSELF ... good view .. but thats about it .. the only amenities is the hospital

so people ..better pray for more amenities around Sky ...

august
16-06-10, 10:46
PRC buyers are smart if not smarter. They are also waiting for correction and will come in then. :o

Localite
16-06-10, 11:33
i have a question:

when jlrx keeps comparing current prices with the 60s and 70s, those were days when singapore was nothing or just starting as an emerging economy. naturally when we compare now with 50 years ago, the % return is superb, say 50 to 80 times, since singapore has come a long way in the past 50 years. However, now that singapore is developed, branded and already on the world's radar, can the same returns be made over the next 50 years to 2060 or it is more realistic to target much lower returns?

Good point. Fully agree. History cannot predict the future so easily.

I challenge jlrx to comment on the US property market. Can you say that the propertiism rule does not apply there?

We cannot oversimplify and say that property prices can only go up.

We cannot assume economy will always only expand and that wealth creation is always positive.

There is something called a fair value and if sentiment and hype and easy credit pushes the price beyond that, like what happened in the US, then prices can and will fall.

Now back to Singapore I don't think we are ever in that kind of fake euphoria like the US given the prudent credit policies here. And just like a well managed company, the value of Singapore continues to grow and the propertiism theory continues to be proven correct. But don't take all of this for granted.

devilplate
16-06-10, 11:39
chilllllllllllll:scared-3:

no nid argue the future lah :doh:

let say 10X in 50yrs time...i happy oredi...but den i am too old or oredi gone

ok I just wish 3X within 20yrs time, isit possible?:D :D :D
den i am able to retire in a landed with servants in bikinis:cheers6:

Money Money COME!!!:D :D :D

devilplate
16-06-10, 12:01
we nid compounded int of 5.7% to hit 3X and 3.6% to hit 2X in 20yrs!

2X is very very likely!! hmmm, but by den one plate of chicken rice cud be $20 :scared-3:

proud owner
16-06-10, 12:03
we nid compounded int of 5.7% to hit 3X and 3.6% to hit 2X in 20yrs!

2X is very very likely!! hmmm, but by den one plate of chicken rice cud be $20 :scared-3:


orchard road super flooded ..after the rain

devilplate
16-06-10, 12:08
orchard road super flooded ..after the rain

wat do u mean ?

bargain hunter
16-06-10, 12:19
i feel its realistic, as earlier i was saying 4.7% p.a., right in the middle of your range, 10 times in 50 years, 2 1/2 times in 20 years, seems alright. :)



we nid compounded int of 5.7% to hit 3X and 3.6% to hit 2X in 20yrs!

2X is very very likely!! hmmm, but by den one plate of chicken rice cud be $20 :scared-3:

jlrx
16-06-10, 13:08
i have a question:

when jlrx keeps comparing current prices with the 60s and 70s, those were days when singapore was nothing or just starting as an emerging economy. naturally when we compare now with 50 years ago, the % return is superb, say 50 to 80 times, since singapore has come a long way in the past 50 years. However, now that singapore is developed, branded and already on the world's radar, can the same returns be made over the next 50 years to 2060 or it is more realistic to target much lower returns?


8% compounded would give u 47 times.

so back to square one mah, that is almost 50 times in 50 years. :)

which goes back to my first question, can we still sustain 50 times in 50 years now that we are more of a developed nation than an emerging one?

Of course we can.

We are only coming to 45 years old.

How much did New York properties cost when the USA was only 45 years old?

Long way to go man! :cheers1:

Never underestimate the power of PROPERTISM. :tsk-tsk:

PROPERTISM Rule No. 1 - Property prices always go up in the long term hence properties should only be bought and not sold.

proud owner
16-06-10, 13:27
wat do u mean ?


either the rain was super heavy this morning

or the drainage at orchard is getting crappier ...

the junction at scotts and orchard, ION, Marriots , Borders ... all flooded ...

bet a few more ferrari will be scrapped

devilplate
16-06-10, 14:01
either the rain was super heavy this morning

or the drainage at orchard is getting crappier ...

the junction at scotts and orchard, ION, Marriots , Borders ... all flooded ...

bet a few more ferrari will be scrapped

immediate discount of 1kpsf for orchard condos?:D

Localite
16-06-10, 14:17
Of course we can.

We are only coming to 45 years old.

How much did New York properties cost when the USA was only 45 years old?

Long way to go man! :cheers1:

Never underestimate the power of PROPERTISM. :tsk-tsk:

PROPERTISM Rule No. 1 - Property prices always go up in the long term hence properties should only be bought and not sold.

I challenge jlrx to comment on the US property market. Can you say that the propertiism rule does not apply there?

We cannot oversimplify and say that property prices can only go up.

We cannot assume economy will always only expand and that wealth creation is always positive.

There is something called a fair value and if sentiment and hype and easy credit pushes the price beyond that, like what happened in the US, then prices can and will fall.

Now back to Singapore I don't think we are ever in that kind of fake euphoria like the US given the prudent credit policies here. And just like a well managed company, the value of Singapore continues to grow and the propertiism theory continues to be proven correct. But don't take all of this for granted.

Localite
16-06-10, 14:19
Of course we can.

We are only coming to 45 years old.

How much did New York properties cost when the USA was only 45 years old?

Long way to go man! :cheers1:

Never underestimate the power of PROPERTISM. :tsk-tsk:

PROPERTISM Rule No. 1 - Property prices always go up in the long term hence properties should only be bought and not sold.

If property prices go up in a realistic supply / demand fashion then propertiism may be valid. Unfortunately there is hype and euphoria and easy credit that often drives the market. In such a market Propertiism is not valid.

I hereby redefine propertiism as follows:

The intrinsic value of property in a well managed country will always go up.

Localite
16-06-10, 14:21
If property prices should up at the rate of 4% forever but they end up going up at 7% then propertiism is null and void because it becomes a speculative game.

What happened in the current USA? ppty market crashed.

What happended in Japan?

urban
16-06-10, 17:06
If property prices should up at the rate of 4% forever but they end up going up at 7% then propertiism is null and void because it becomes a speculative game.

What happened in the current USA? ppty market crashed.

What happended in Japan?

Actually the Japan property market has not crashed despite decade long stagnation. They have trendmendous holding power.

bargain hunter
16-06-10, 17:26
i think it did crash in the early 90s after their bubble.


Actually the Japan property market has not crashed despite decade long stagnation. They have trendmendous holding power.

scsc
16-06-10, 17:46
Actually the Japan property market has not crashed despite decade long stagnation. They have trendmendous holding power.

Funded by printing bananas :hell-hath-no-fury:

devilplate
16-06-10, 19:35
lets face the brutal reality...those who oredi own a HDB and perhaps some investment ppty...shd be very very happy liao...

for the younger generations and those miss the boat followers...reality is simply too harsh for them...still hiam direct HDB flats in sengkang too far blah blah...wait all become DBSS den can really cry:D

$$$ smaller, ppty and my chicken rice gets inflated everyday!:eek:

very soon, many locals goto rent a hse oredi:scared-2:

jlrx
16-06-10, 20:06
I challenge jlrx to comment on the US property market. Can you say that the propertiism rule does not apply there?

We cannot oversimplify and say that property prices can only go up.

We cannot assume economy will always only expand and that wealth creation is always positive.

There is something called a fair value and if sentiment and hype and easy credit pushes the price beyond that, like what happened in the US, then prices can and will fall.

Now back to Singapore I don't think we are ever in that kind of fake euphoria like the US given the prudent credit policies here. And just like a well managed company, the value of Singapore continues to grow and the propertiism theory continues to be proven correct. But don't take all of this for granted.

Now I understand why all major religions have a textbook.

So that the preachers can refer to it and don't have to keep repeating the same things again and again.

http://forums.condosingapore.com/showpost.php?p=95627&postcount=1622

Localite
16-06-10, 21:39
Now I understand why all major religions have a textbook.

So that the preachers can refer to it and don't have to keep repeating the same things again and again.

http://forums.condosingapore.com/showpost.php?p=95627&postcount=1622


Please try this website. Absolute bullshit without any sense:

http://shorl.com/borijyladramo (http://shorl.com/borijyladramo)

Propertiism is relative and not absolute.

devilplate
16-06-10, 21:53
propertism preaching is gd in a way as it discourage ppty speculation:D

buy and sell...later ended up with a bigger loan and overleverage if one is not careful and prudent when overwhelmed by greed:D

but hor, agts will eat grass:D

jlrx
17-06-10, 01:12
propertism preaching is gd in a way as it discourage ppty speculation:D

buy and sell...later ended up with a bigger loan and overleverage if one is not careful and prudent when overwhelmed by greed:D

but hor, agts will eat grass:D

Agents do not necessarily eat grass as they can still earn commission from the "Buy" phase of PROPERTISM.

They are only unable to earn commission from the "Sell" phase because PROPERTISM doesn't involve selling, hence saving the commission.

Those who criticise PROPERTISM as bullshit are themselves bullshiting.

The central tenet of PROPERTISM is based on "Buy and Hold" - it is the B without the S; the opposite of PROPERTISM is "Buy low Sell high" also known as BS).

If a person knows when to buy and when to sell properties, that means he knows when is the low and when is the high?

Even Mah Bow Tan said "Nobody, no matter how prescient, no matter how clever, would have been able to predict that this is what is going to happen this year. All of us were caught off-guard... "

By Joanne Chan, Channel NewsAsia | Posted: 29 December 2009 2315 hrs
http://www.channelnewsasia.com/images/cna_interactivemedia.gif

http://www.channelnewsasia.com/imagegallery/store/phpW9uMl0.jpg

devilplate
17-06-10, 11:14
agts can only sell developer units liao

and those can sell ones, only give 0.3% or even less....no nid to regulate agents...all will leave the industry:D

august
17-06-10, 11:34
agts can only sell developer units liao

and those can sell ones, only give 0.3% or even less....no nid to regulate agents...all will leave the industry:D

hooray ~! :D

home-run
17-06-10, 13:03
~~~Agt eat grass is healthy...but on the other hand still got rental and commercial sales...will not die one lah haha~~~:doh:

devilplate
17-06-10, 13:10
imagine all dun sell, developer can ask sky high prices:D

jlrx
17-06-10, 13:24
imagine all dun sell, developer can ask sky high prices:D

Developers also should not sell. That is the whole idea of PROPERTISM.

PROPERTISM Rule No. 1 - Property prices always go up in the long term hence properties should only be bought and not sold.

The developer should keep it so that next time can tear down and build a multi-generation bungalow for their grandchildren.

Why should anyone trade an asset with diminishing supply, i.e. land, for something with ever increasing supply, i.e. paper money?

Doesn't make sense.

In 1823, the Johor-Riau Sultanate sold Singapore outright to the British for 60,000 Spanish dollars. :doh:

Regulators
17-06-10, 15:15
...and also assignment and takeover of business, can also earn com...i know an agent who has made it real big just doing assignment and rentals....


~~~Agt eat grass is healthy...but on the other hand still got rental and commercial sales...will not die one lah haha~~~:doh:

Serendipity
17-06-10, 22:41
If developers dun sell and keep the land, then who can we buy from as subsale and resale are not selling base on Propertism. Then propertism will also die out. How to survive?:eek:

jlrx
18-06-10, 00:42
If developers dun sell and keep the land, then who can we buy from as subsale and resale are not selling base on Propertism. Then propertism will also die out. How to survive?:eek:

There will always be a few people who do not believe in PROPERTISM.

All we need is for one person per condo to do one resale in maybe 10 years, e.g. Sky@Eleven has only one unit for sale. Then there will many buyers but one only one seller. Maybe 1,000 buyers to 1 seller.

Then according to supply demand law, the seller can sell Sky@Eleven at $6,000 psf or roughly $11 million for a 1,800 sq ft and that will be recorded in the caveats for the next 10 years.

The other owners will all just happily record down in their spreadsheets that their Sky@Eleven is worth $11 million each, and everyone will live happily ever after (or for the next 10 years until another owner puts up a unit for sale at $12,000 psf or $22 million).

You must understand that wealth is just a state of the mind. Are our HDB flats really worth S$500,000? Why worth so much when equivalent-looking flats in Malaysia sell for less than RM 50,000.

http://mw2.google.com/mw-panoramio/photos/small/485538.jpg

Let me tell you that our flats are worth S$500,000 simply because we believe them to be so. As long as not everyone wants to sell his HDB flats at the same time, the price will be such. Isn't this mini-PROPERTISM in action?

devilplate
18-06-10, 01:11
fry stocks better...few mils within few mths:D
property no excitement...:D

jlrx
18-06-10, 10:38
fry stocks better...few mils within few mths:D
property no excitement...:D

Speculation in stocks, like speculation in properties, is just a form of gambling. You could win big time but also lose big time.

PROPERTISM, however, is based on sound reasoning that paper money loses its value over the long term hence something with limited supply will correspondingly appreciate in value, over the long term.

proud owner
18-06-10, 10:44
Speculation in stocks, like speculation in properties, is just a form of gambling. You could win big time but also lose big time.

PROPERTISM, however, is based on sound reasoning that paper money loses its value over the long term hence something with limited supply will correspondingly appreciate in value, over the long term.


the best way to achieve FULL PROPERTISM is to preach to the govt

so that they DONT EVER sell land .. there will be NO MORE land

stamping the root of evil from the source

no land sale .. no more supply, no one wil dare to sell their existing units ..

jlrx
18-06-10, 11:10
the best way to achieve FULL PROPERTISM is to preach to the govt

so that they DONT EVER sell land .. there will be NO MORE land

stamping the root of evil from the source

no land sale .. no more supply, no one wil dare to sell their existing units ..

That's a good idea!

urban
18-06-10, 12:46
the best way to achieve FULL PROPERTISM is to preach to the govt

so that they DONT EVER sell land .. there will be NO MORE land

stamping the root of evil from the source

no land sale .. no more supply, no one wil dare to sell their existing units ..

That is a bad idea. The best government idea is to sell you land, and later buy it from you cheap and resell later for even higher price.

In the mean time, tax you by imposing stamp duties and property tax.

proud owner
18-06-10, 12:55
That is a bad idea. The best government idea is to sell you land, and later buy it from you cheap and resell later for even higher price.

In the mean time, tax you by imposing stamp duties and property tax.

a lagi better idea :

is to get one short ass minister to say :
theres no speculation ,
no sign of bubble ... blah blah blah

indirectly giving the people the green light to BUY BUY BUY ..oush prices all the way up ...

then get an old man , to openly reprimand the short ass minister for no foresight ..resulting in shortages ..and high prices ..

then get the short ass minister to 'release more land ' for sale ..

chinese says : he's the man, he's the ghost ..

devilplate
18-06-10, 22:32
Speculation in stocks, like speculation in properties, is just a form of gambling. You could win big time but also lose big time.

PROPERTISM, however, is based on sound reasoning that paper money loses its value over the long term hence something with limited supply will correspondingly appreciate in value, over the long term.

when one only fry stocks when market has crash 50%...den it is not a speculation anymore...its once in a decade FREE MONIES LOBANG:D

one person may only have 4-5 such cycles assuming he start to invest at age of 20yo...cannot afford to miss them:D

lancelot
22-06-10, 21:39
Quite a few views overlooking HDB;-(

The view doesn't look impressive as these pictures were taken from a low floor unit, probably, 9-11 floor up. Higher up presents a far more stupendous sight. From the sky gym on 22nd floor one could see as far as Marina Bay Sands. I can attest to the breathtaking views at #4x-01. At that height, the neighbouring HDB roof tops were like tiny footprints.
People who say Sky lacks amenities have no idea what they are talking about. The development is a short 5 min drive to Toa Payoh, Novena Square. And if you are on foot, it's a short walk via the back gate to Trellis Towers, CHIJ, Toa Payoh hub, eg, hawker food, restaurants, Fairprice.

bargain hunter
23-06-10, 01:19
err...i think teddy was talking about amenities ON FOOT. 5 mins to novena square on foot, not drive. and this claiming to be D11 and wanting to be priced there, should measure by proximity on foot to novena square/mrt. if we want to talk about toa payoh hub etc...sure, then price this project at toa payoh prices. :D



The view doesn't look impressive as these pictures were taken from a low floor unit, probably, 9-11 floor up. Higher up presents a far more stupendous sight. From the sky gym on 22nd floor one could see as far as Marina Bay Sands. I can attest to the breathtaking views at #4x-01. At that height, the neighbouring HDB roof tops were like tiny footprints.
People who say Sky lacks amenities have no idea what they are talking about. The development is a short 5 min drive to Toa Payoh, Novena Square. And if you are on foot, it's a short walk via the back gate to Trellis Towers, CHIJ, Toa Payoh hub, eg, hawker food, restaurants, Fairprice.

devilplate
26-06-10, 17:42
viewed an actual unit on the 39th flr....the reservoir view is 2nd to none:D

sealover
08-07-10, 20:33
My agent told me one unit recently sold above S$1500 psf? Anyone can confirm this? That surprises me as most agents advertise S$1450 or below...

blackpepperj
15-07-10, 17:18
The view doesn't look impressive as these pictures were taken from a low floor unit, probably, 9-11 floor up. Higher up presents a far more stupendous sight. From the sky gym on 22nd floor one could see as far as Marina Bay Sands. I can attest to the breathtaking views at #4x-01. At that height, the neighbouring HDB roof tops were like tiny footprints.
People who say Sky lacks amenities have no idea what they are talking about. The development is a short 5 min drive to Toa Payoh, Novena Square. And if you are on foot, it's a short walk via the back gate to Trellis Towers, CHIJ, Toa Payoh hub, eg, hawker food, restaurants, Fairprice.

Did you really take 5mins to drive from Sky to Novena Sq? Middle of the night is it?

devilplate
15-07-10, 17:29
My agent told me one unit recently sold above S$1500 psf? Anyone can confirm this? That surprises me as most agents advertise S$1450 or below...

cud be very high flr above 35th flr

even the view between 25 and 39th flr is So SO diff....heaven and hell:D

lancelot
18-07-10, 20:16
Did you really take 5mins to drive from Sky to Novena Sq? Middle of the night is it?
What's yr point? That it took you 6-7 mins and not exactly 5 mins? It bothers you??:doh:

cashrich
20-07-10, 07:19
agts can only sell developer units liao

and those can sell ones, only give 0.3% or even less....no nid to regulate agents...all will leave the industry:D

That's why agents try to do a quick one. Flip!

Want to regulate the industry, very easy. Set a law that says all property transactions can only be handled by PRACTISING LAWYERS in Singapore with a standard service fee, say $2k per transaction or such. Hahah... when that day come! Big Fcuk!

cashrich
20-07-10, 07:45
fry stocks better...few mils within few mths:D
property no excitement...:D

The game masters win big, the pawns try their luck.

teddybear
20-07-10, 07:49
Took me 15 mins during rush hours to drive from Sky@11 to Novena Church. That stretch of raod always so jammed up during rush hours! (Strangely, once I hit the Novena Square "+" road junction the jam disappear.) :scared-3:


What's yr point? That it took you 6-7 mins and not exactly 5 mins? It bothers you??:doh:

Mongoose
28-07-10, 22:53
Took me 15 mins during rush hours to drive from Sky@11 to Novena Church. That stretch of raod always so jammed up during rush hours! (Strangely, once I hit the Novena Square "+" road junction the jam disappear.) :scared-3:

nowadays peak hour period in singapore will take you 15 - 20min to drive a short distance.

from 6 ave, it can take me 10mins to zip into orchard, or it can take me 30min, depending on time of day. same if going the other direction.
likewise, it can take me 5 min to get from one end of 6ave to the other, or 15 min for that short distance.

given the peak hr traffic, there will also be some choke points, after which it frees up for while until you hit the next choke point... in your case, after Novena Square + junction, the next "choke" will either be Serangoon-Lavender, Bt Timah-Cavenagh or Newton. we drivers just have to live with it

smallant
28-07-10, 23:18
Any kind souls out there to give some info on recent transacted prices psf there ? Thxs :)

blackpepperj
06-08-10, 16:59
What's yr point? That it took you 6-7 mins and not exactly 5 mins? It bothers you??:doh:

:doh: 5-6-7 mins all said by u. LOL

lancelot
06-08-10, 20:59
:doh: 5-6-7 mins all said by u. LOL

I have done the run numerous times day and night and except for the bus-lane peak hours, getting from Sky to Novena Sq took me 5 mins. The distance by road from Thomson Lane to Irrawaddy Road where I drive up the Novena Sq carpark is only 1.4km. Even if your average speed is 20km/h, you get there in 5 mins with only 1 traffic lights in between. Ride a bicycle lah if your driving skill is so bad.

lancelot
06-08-10, 21:04
3 transactions in July for high floor "smaller" units above $1000psf. This should set the floor for this development. Mind you the smallest unit is 1851sqft so absolute prices are really quite awful.

azeoprop
23-07-11, 16:50
23rd july 2011. :)

DC33_2008
23-07-11, 16:57
I really love to have a unit here. Unfortunately, there are too large for investment.
23rd july 2011. :)

Mongoose
26-07-11, 13:26
23rd july 2011. :)

you obviously have been around the area with your cam...
nice pics.

Rysk
15-08-11, 15:15
Think is another record in psf.. this time is Sky @ Eleven

Jul 2011
$3,769,860
2271sf
$1660psf

howgozit
24-08-11, 21:06
http://www.temasekreview.com/2011/08/24/how-much-money-did-tony-tan-and-family-make-from-sph-project-skyeleven/ (http://www.temasekreview.com/2011/08/24/how-much-money-did-tony-tan-and-family-make-from-sph-project-skyeleven/)



EXPOSED: Tony Tan and family bought 3 units of SPH project Sky@eleven before its soft launch in 2007 (http://www.temasekreview.com/2011/08/24/how-much-money-did-tony-tan-and-family-make-from-sph-project-skyeleven/)

http://www.temasekreview.com/wp-content/themes/WP_010/images/PostDateIcon.png August 24th, 2011 | http://www.temasekreview.com/wp-content/themes/WP_010/images/PostAuthorIcon.png Author: Temasek Review (http://www.temasekreview.com/author/shore/)

According to a tip-off we received from a SPH insider, Tony Tan and his family bought three units of Sky@eleven condominium before they were officially launched in 2007.
Sky@eleven is a freehold luxury development by Times Development, the property arm of Singapore Press Holdings Ltd (SPH)

http://static.sglinks.com/images/pages/45/55/4555a9a9f6ef43eb4d855376d66a69cc_330.jpg?1305712946
Located at Thomson Lane, off Thomson Road, the 43-storey high Sky@eleven is the tallest development in the area. One major selling point of Sky@eleven was its attractive pricing, averaging at $975 psf. The highest price recorded was $1,200 psf.
In 2007, SPH sold out all of 273 units of Sky@eleven condo within 30 hours of its soft launch on the evening of Sunday, 28 January, even before the public launch which was scheduled for this weekend.
In a statement released to the media, then SPH Chairman and Director Dr Tony Tan said:
“We are extremely happy with the overwhelming response and at the same time very grateful to the buyers for their support for our exclusive development.”
However Dr Tony Tan did not reveal that his eldest son and daughter-in-law as well as a company partly owned by him and his immediate family had bought 3 units of Sky@eleven before its soft launch.
Below are the pre-sale options some directors asked for and obtained, as declared by SPH to its shareholders, but not reported in the press.
The Directors of Singapore Press Holdings Limited (“SPH” or the “Company”) wish to announce that the Board has approved the proposed sale of units (the “Units”) in the residential development known as Sky@eleven to the following persons who are interested persons of SPH pursuant to Chapter 9 of the Listing Manual of the Singapore Exchange Securities Trading Limited (the “Purchaser”):
- Tan Boon Huan, Peter, son of Tony Tan Keng Yam and Tan Yew Mei, daughter-in-law of Tony Tan Keng Yam
# 39-09
Sky@eleven
$1,871,000
- Bee Kiang (Private) Limited, a company in which Tony Tan Keng Yam and his immediate family have an interest of 30% or more.
# 41-01
Sky@eleven
$3,074,000
- Bee Kiang (Private) Limited, a company in which Tony Tan Keng Yam and his immediate family have an interest of 30% or more.
#41-02
Sky@eleven
$2,828,000
Download the SPH file here (http://www.temasekreview.com/simages/tonytan/Chairman_IPT.pdf)
The prices of Sky@eleven have almost doubled since it was launched in 2007. Based on the latest transactions with caveats lodged from URA, Sky@eleven are now selling at between $1,500 – $1,600 psf. (read more here (http://www.ura.gov.sg/realEstateWeb/realEstate/pageflow/transaction/submitSearch.do;jsessionid=0ZcLTTfT2wmYXpqYBwwsHLRTSvsvKVGjjxddGqP61g0TBx2RBxsG!-707989957))
After he retired from politics in 2006, Dr Tony Tan was appointed as Chairman of SPH by the PAP regime.
Dr Tony Tan and his family would not be able to obtain the pre-sale options to purchase exclusive units of Sky@eleven before its soft launch if he were not a director of SPH.
Since he is running for the presidency now, Dr Tony Tan should come clean with Singaporeans and revealed the identities of his other family members who have bought the two units of Sky@eleven under his company Bee Kiang (Private) Limited.

cartman
24-08-11, 21:57
aiya staff purchase for condos quite common mah...same for IPOs :doh: if prices had fallen, would you kpkb here as well?

howgozit
24-08-11, 22:33
aiya staff purchase for condos quite common mah...same for IPOs :doh: if prices had fallen, would you kpkb here as well?


Har???... like dat you consider kpkb ah? :scared-5:

I just posted this bcoz I thought it was an interesting piece of info regarding Sky@Eleven.

Ok bro, sorry if it caused offence.

fclim
24-08-11, 23:57
Har???... like dat you consider kpkb ah? :scared-5:

I just posted this bcoz I thought it was an interesting piece of info regarding Sky@Eleven.

Ok bro, sorry if it caused offence.

Hehe. Now we know why he is running for president...$4.3m a year.. Hmm...

azeoprop
25-08-11, 00:20
Can donate #41-01 and #41-02 to me if I vote for him? :rolleyes:

Newbie Homebuyer
01-11-11, 10:17
Looking at a unit here. The location doesn't seem ideal though. Is the school right in front of it noisy? Anyone staying here able to share his or her experience?

Laguna
01-11-11, 10:24
Looking at a unit here. The location doesn't seem ideal though. Is the school right in front of it noisy? Anyone staying here able to share his or her experience?

U can find lots of better ones than this

DC33_2008
01-11-11, 10:54
Good School for girls :CHIJ Toa Payoh.;)
Looking at a unit here. The location doesn't seem ideal though. Is the school right in front of it noisy? Anyone staying here able to share his or her experience?

Rysk
19-12-12, 16:31
Think is another record in psf.. this time is Sky @ Eleven

Jul 2011
$3,769,860
2271sf
$1660psf

Well, with the recent uptrend.. S11 also join the record breaking in term of psf..

SKY@ELEVEN THOMSON LANE Condominium $5,019,050 2,713psf Strata 1,850 Dec-12

Rysk
19-12-12, 16:32
Think is another record in psf.. this time is Sky @ Eleven

Jul 2011
$3,769,860
2271sf
$1660psf

Well, with the recent uptrend.. S11 also join the record breaking in term of psf..

SKY@ELEVEN THOMSON LANE Condominium $5,019,050 2,713sf Strata 1,850psf Dec-12

Sellers Profit of over $1.4-mio :scared-1:

ekl2ekl2
19-12-12, 17:21
Well, with the recent uptrend.. S11 also join the record breaking in term of psf..

SKY@ELEVEN THOMSON LANE Condominium $5,019,050 2,713sf Strata 1,850psf Dec-12

Sellers Profit of over $1.4-mio :scared-1:


More than doubled from time of launch?
That would be closer to $2.5m increase in value.

sherlock
19-12-12, 17:52
Prices gone crazy... over 5M for a city-fringe devt :banghead:

dtrax
19-12-12, 18:10
The view is gd so top dollar

SKY@ELEVEN5 Thomson Lane #38-021252Strata3,526,90013996130024-MAR-2007CondominiumFreeholdUncompletedSub SalePrivate1129297724Central RegionToa Payoh

SKY@ELEVEN5 Thomson Lane #38-021252Strata5,019,05019917185003-DEC-2012CondominiumFreehold2010ResalePrivate1129297724Central RegionToa Payoh

SKY@ELEVEN5 Thomson Lane #38-021252Strata3,056,00012127112706-MAR-2007CondominiumFreeholdUncompletedNew SalePrivate1129297724Central RegionToa Payoh

About 1.4mil profit

Lovelle
19-12-12, 18:18
It has Tony Tan factor....

ekl2ekl2
19-12-12, 18:27
Is expressway noise a problem for sky11? Have not viewed this one before.
The back door at CHIJ side can walk to TP MRT.

Directly opp condo Cube 8, 2 room done 1200pfs >6 months ago,

Noise a big problem 24-7 for Cube 8, but its high floor also has excellent views.

Jonathan0503
19-12-12, 19:40
Very near to the Toa Payoh DBSS and they look alike...

Rysk
20-12-12, 07:01
I have viewed one very high flr unit over a year ago.. view is excellent with both city infront & greenery view behind.. the built-in area & layout without much usage.. makes the unit so big & very comfortable to living in.

kane
20-12-12, 07:34
Very near to the Toa Payoh DBSS and they look alike...

The DBSS and trevista looks more alike. Sky's facade looks fairly different from its surroundings.

chiaberry
20-12-12, 07:39
Is expressway noise a problem for sky11? Have not viewed this one before.
The back door at CHIJ side can walk to TP MRT.

Directly opp condo Cube 8, 2 room done 1200pfs >6 months ago,

Noise a big problem 24-7 for Cube 8, but its high floor also has excellent views.

I have been in a 10th fl unit with pool view. Expressway noise not noticeable. It's very breezy.

Ambience of this devt. is good. The grounds are very spacious.

Rysk
20-12-12, 07:41
The DBSS and trevista looks more alike. Sky's facade looks fairly different from its surroundings.

Ya.. If I'm not wrong, The Peak @ Toa Payoh & Trevista looks very much alike..
There was once I was confused when I drove pass Lor 2 & saw the DBSS.. wondering how come Trevista is over at Lor 1A instead of Lor 3

kane
20-12-12, 07:46
Trevista nearer MRT mah. Initially I needed to pass the fenceline to see which was the private condo. I guess that is a complement to how well they have designed the Peak DBSS.

Rysk
20-12-12, 08:44
Trevista nearer MRT mah. Initially I needed to pass the fenceline to see which was the private condo. I guess that is a complement to how well they have designed the Peak DBSS.
Actually if no need the condo facilities & security.. Peak DBSS is good enough.. Is like living in Trevista without facilities & security only.. cos the building looks so much alike

Jonathan0503
20-12-12, 12:32
The DBSS and trevista looks more alike. Sky's facade looks fairly different from its surroundings.

Oh, really? Maybe I got confused. Thought trevista is sky-eleven

kane
20-12-12, 13:33
Trevista's compound isn't that big. The one advantage is they raised the development as compared to the road level outside.

wendytan
20-12-12, 14:01
. And if you are on foot, it's a short walk via the back gate to Trellis Towers, CHIJ, Toa Payoh hub, eg, hawker food, restaurants, Fairprice.

Got backgate shortcut by foot to Blk 169 / 170 ?? :confused:

Riverund
20-12-12, 14:21
Hearing strong rental at sky11?? No wonder psf stays supported..

Wynyard
20-12-12, 18:28
Got backgate shortcut by foot to Blk 169 / 170 ?? :confused:
Yes, I believe there is. After sky11 was TOP, I saw few angmohs walking thru blk 170 void deck in the evening, they look like expats... must be staying at sky11.

wendytan
20-12-12, 18:31
Yes, I believe there is. After sky11 was TOP, I saw few angmohs walking thru blk 170 void deck in the evening, they look like expats... must be staying at sky11.

Sekali these ANG MOs LIVE UPSTAIR HDB :beats-me-man:

Wynyard
20-12-12, 19:11
Sekali these ANG MOs LIVE UPSTAIR HDB :beats-me-man:
Blk 170 is 1BR hdb rental flat :)

Rysk
20-12-12, 22:30
Sekali these ANG MOs LIVE UPSTAIR HDB :beats-me-man:

Rental HDB & have a job... still better than kena kick back to Europe & jobless there

ekl2ekl2
20-12-12, 22:35
Rarely see foreigners at TP central NTUC, maybe occasionally at TP MRT

So those foreigners renting or owners at SKY11 probably are rich and they drive.

wendytan
20-12-12, 22:58
Blk 170 is 1BR hdb rental flat :)

Oh please..NOT every foreigner living in CONDO / Landed !

Not surprise even some foreigner living there...Who knows :rolleyes:

wendytan
20-12-12, 23:00
Rarely see foreigners at TP central NTUC, maybe occasionally at TP MRT

So those foreigners renting or owners at SKY11 probably are rich and they drive.
RICH ? If not fully paid and they lose their job or business how ?

DA BAO, pack n back to their old home :D

Wynyard
21-12-12, 11:36
Angmohs are hardly seen in tpy say 10 yrs ago.. But now i see them every week.. Mostly women & kids in ntuc.. Some guys dont drive to/from work, they walk to mrt in AM, walk back to sky11 in PM.. So far I have never seen a female angmoh wearing office attire walk to mrt,either they drive or they dont need to work cos hubby is working :rolleyes:

wendytan
21-12-12, 13:07
Angmohs are hardly seen in tpy say 10 yrs ago.. But now i see them every week.. Mostly women & kids in ntuc.. Some guys dont drive to/from work, they walk to mrt in AM, walk back to sky11 in PM.. So far I have never seen a female angmoh wearing office attire walk to mrt,either they drive or they dont need to work cos hubby is working :rolleyes:

Boy Wynyard,

Anything can happen. No matter where we are !

I have seen it with my EYES. A middle age NAKED MAN RUNNING TOWARDS The WET MARKET at Toa Payoh !! :cool: