NEW CONDO @ BEDOK CENTRAL BY CAPITALAND

[land118]

The 3% savings is an incentive but not a deciding factor. I am buying into others' knee jerk reaction by underpricing severely. If you can get future prices now, why not go for it? But that depends on what is one's acceptable definition of future price. Lucky u, got a tasty durian...:D

[devilplate]

Lucky u, got a tasty durian...:D
Hey really got some gd deals going on now leh....ccr condos.....hehehehe

If u dare to buy now, u can start calling up ur agts ;)

[mcmlxxvi]

This measure is aimed at foreigners, and will hit developers hard, particularly those high-end properties developers selling to foreigners. We will see even more MMs/compact units in future.

hail the 100sf MM!!!!! ;)

oh wait... but recent gpr limitations wont allow it

[mcmlxxvi]

Let's say hypothetically, if the developer sells the development at list prices for buyers not affected by ABSD, but gives discounts up to the ABSD limit for affected buyers.

What is in the mindset for the buyers not affected by ABSD? Will they want to buy? Or will they clamour for the same ABSD "discounts"?

get same discounts in other form eg reno or furn...

[propertychap]

Should people forfeit their booking fee with the 8 dec measures?
Will there be returned units for 1 and 2 bedrooms?

[land118]

Hey really got some gd deals going on now leh....ccr condos.....hehehehe

If u dare to buy now, u can start calling up ur agts ;)
The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

[Geylang OKT]

The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

Don't buy now yet. It usually takes 4 to 5 years for the final capitulation! :D :D :D

shorter e.g. 2 to 3 years if economy lagi bad :scared-1:

[devilplate]

Don't buy now yet. It usually takes 4 to 5 years for the final capitulation! :D :D :D

shorter e.g. 2 to 3 years if economy lagi bad :scared-1:
Wait 20yrs....60% discount!

[Pro888]

Should people forfeit their booking fee with the 8 dec measures?
Will there be returned units for 1 and 2 bedrooms?

People forfeit their booking = Can developer return the bus interchange to govt ?

[Eastboy]

The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

No prob with discounts la:
Xmas discount
CNY discount
Valentines Day discount...
Stamp Duty absorption...

Hiyo, shiok

[latour]

Anybody really backup without ex the option for BR?

[hyenergix]

Anybody really backup without ex the option for BR?

Very minimal. This type of projects are rare. No worry about price rising upon TOP.

[Pro888]

Very minimal. This type of projects are rare. No worry about price rising upon TOP.

True. The speculative ones are already gone due to earlier cm.

Further, developers will not drop the or not much/ fast. It will never enough. If the developer give 10% off, people will still wait for more. This will affect future projects down the road. Never end.

When down market, people will wait. When the market is up, people will jump in watever price without much consideration.

[jwong71]

True. The speculative ones are already gone due to earlier cm.

Further, developers will not drop the or not much/ fast. It will never enough. If the developer give 10% off, people will still wait for more. This will affect future projects down the road. Never end.

When down market, people will wait. When the market is up, people will jump in watever price without much consideration.

very very very true.....

that y im not worry abt buyers will bite at 5-10% discount developer may hand out

[phantom_opera]

This is the sign of peaking ... when everybody just blindly buy BR regardless of psf with reason given as "this type of project is rare", "developer will not down price one", "after TOP price sure go up one"

Remember when FEO sold AMK hub at 1,200psf ... everybody said FEO sure failed, crazy etc ... now everybody think BR is good, reasonable, sure make, even cm5 will not affect the sales, if backout will be called a coward

Guess ppl think they can sell 1800-2000psf when TOP :doh:

Perhaps the following Bishan 8 price in 2003 will be forgotten too:

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

[hyenergix]

This is the sign of peaking ... when everybody just blindly buy BR regardless of psf with reason given as "this type of project is rare", "developer will not down price one", "after TOP price sure go up one"

Remember when FEO sold AMK hub at 1,200psf ... everybody said FEO sure failed, crazy etc ... now everybody think BR is good, reasonable, sure make, even cm5 will not affect the sales, if backout will be called a coward

Guess ppl think they can sell 1800-2000psf when TOP :doh:

Perhaps the following Bishan 8 price in 2003 will be forgotten too:

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

The costs of time n transportation will go up tremedously. Savings of staying near amenities will outweigh e initial property costs. It will b more of an issue when human n car population climbs higher in 5 years' time. If I'm an East person I will buy BR for own stay.

[propertychap]

Taxi fare going up. So MRT and buses will become more important. Might as well invest in a unit thats near to both and a shopping mall.
Will be hot in the future

[hyenergix]

Distance n zone based ERP is in e pipeline for car owners...

[propertychap]

any buyers of br here?

[devilplate]

any buyers of br here?
I understand u missed 1/2 bdr.....

Gd chance ur agt may ring u up within nxt 2-3 wks for returned units ;)

[devilplate]

Taxi fare going up. So MRT and buses will become more important. Might as well invest in a unit thats near to both and a shopping mall.
Will be hot in the future
Anything can happen

40% of our population is foreigners/pr

When jobless, all balek kampong.....;)

[propertychap]

you think there will be returned units?

[devilplate]

Yes....i believe many investors bot br

[propertychap]

and forfeit their booking fee?

[hyenergix]

Yes....i believe many investors bot br

TOP in 2015, first few floors bus interchange and malls, should be quite okay.

[propertychap]

when investors buy they are already looking at long term with the 4 years of ssd. So i believe most will still hold onto their units. Human nature at play too ... if you know there are people queuing to grab your units when you let go, will you think twice before letting go?

[bargain hunter]

Far East Organization sold about 15 units at its projects across Singapore over the weekend.
A City Developments spokeswoman said that 'a few' units at 892-unit The Palette were sold on Saturday: 'To date, we have sold more than 400 units out of 450 units launched.'
None of the buyers who purchased homes in the project at Pasir Ris have withdrawn their options due to the implementation of the new measures, she added.
CapitaLand likewise said that no buyers at the 583-unit Bedok Residences, which was launched last month, have said they would not exercise their options. That project is currently over 80 per cent sold.
Other developers said it was 'business as usual' at their showflats, but admitted that sales were slower compared to a week ago.

[phantom_opera]

Scary ... with cm5 the garmen changes the rule of game drastically, still got ppl think they can make tonnes of $$ out of BR ... is BR that different from Bishan 8 when it was sold 1100psf back in 1997 by FEO

I need to dispose more

[jwong71]

Scary ... with cm5 the garmen changes the rule of game drastically, still got ppl think they can make tonnes of $$ out of BR ... is BR that different from Bishan 8 when it was sold 1100psf back in 1997 by FEO

I need to dispose more
As someone mention population 3.6mio in 1996 and 5.1mio at present.
This time will be different?

Ai zai relax. take a bet 50/50 chance

[hyenergix]

As someone mention population 3.6mio in 1996 and 5.1mio at present.
This time will be different?

Ai zai relax. take a bet 50/50 chance

The rule has ironically made BR an even better investments bcoz foreigners will find it hard to buy 1 or 2 bedders for own stay or rent to other foreigners after they return to their countries.

[phantom_opera]

The rule has ironically made BR an even better investments bcoz foreigners will find it hard to buy 1 or 2 bedders for own stay or rent to other foreigners after they return to their countries.

u must have invested in BR lol

Have you checked Waterbank@Dakota first :D Devilplate might want to sell you cheap cheap

[devilplate]

As someone mention population 3.6mio in 1996 and 5.1mio at present.
This time will be different?

Ai zai relax. take a bet 50/50 chance
if we tok abt population increase....largi more scary.....

40% of our population anytime can balek kampong.....

singkie i wud say only 10% renting?

[jwong71]

if we tok abt population increase....largi more scary.....

40% of our population anytime can balek kampong.....

singkie i wud say only 10% renting?

if 40% balek kampong, if recession

0% sinkie wld rent, by then they wld 乖乖 stay in their hdb

[hyenergix]

u must have invested in BR lol

Have you checked Waterbank@Dakota first :D Devilplate might want to sell you cheap cheap

I run out of Vit M to whack a unit and I'm not really into 99LH.

Now I'm focusing on working hard and pay down my existing property loan to reduce any financial risks. I already have a HDB, 1 condo and 1 apartment. I'm not that old, so time is at my side. It is the most valuable tool I have. My opinions here are neutral and my stance is slightly bearish for properties next year.

Devilplate seems interested to hope for a big correction and add one more unit to his portfolio, after getting hungry for > 1 year without new purchase.

cc: Devilplate - pls correct me if I'm wrong above. Cheers.

[phantom_opera]

I run out of Vit M to whack a unit and I'm not really into 99LH.

Now I'm focusing on working hard and pay down my existing property loan to reduce any financial risks. I already have a HDB, 1 condo and 1 apartment. I'm not that old, so time is at my side. It is the most valuable tool I have. My opinions here are neutral and my stance is slightly bearish for properties next year.

Devilplate seems interested to hope for a big correction and add one more unit to his portfolio, after getting hungry for > 1 year without new purchase.

cc: Devilplate - pls correct me if I'm wrong above. Cheers.

You seem to think BR @ 1350psf is a good buy ...You are lucky ... if you have enough Vit M, you may remember BR as a painful lesson for life :)

Mall is nothing in OCR nowadays, nearby got Changi City Point, Easpoint, 2 malls in Tampines, Paya Lebar Sq coming up soon

What ppl are really paying is easy access to MRT when it rains ... would renters pay 4k for 2br (Dakota area rental) when TOP, time will tell

Dakota Residences for rent at 4k+, anyone:

http://i2.propertyguru.com.sg/images/thumb/7/7/e/4/77e4c115826790_1_V550.jpg

[devilplate]

u must have invested in BR lol

Have you checked Waterbank@Dakota first :D Devilplate might want to sell you cheap cheap
hehehe bro....u r rubbing salts on my wound hor....

wait longer the better.....more discounts coming ;)

[devilplate]

I run out of Vit M to whack a unit and I'm not really into 99LH.

Now I'm focusing on working hard and pay down my existing property loan to reduce any financial risks. I already have a HDB, 1 condo and 1 apartment. I'm not that old, so time is at my side. It is the most valuable tool I have. My opinions here are neutral and my stance is slightly bearish for properties next year.

Devilplate seems interested to hope for a big correction and add one more unit to his portfolio, after getting hungry for > 1 year without new purchase.

cc: Devilplate - pls correct me if I'm wrong above. Cheers.
i am kind of lost now....nid to monitor and try to understand our govt gg forward.....for now i am more interested in the equity markets.....no tax no nothing....anytime can buy and sell wif no restrictions ;)

[hyenergix]

You seem to think BR @ 1350psf is a good buy ...You are lucky ... if you have enough Vit M, you may remember BR as a painful lesson for life :)

Mall is nothing in OCR nowadays, nearby got Changi City Point, Easpoint, 2 malls in Tampines, Paya Lebar Sq coming up soon

What ppl are really paying is easy access to MRT when it rains ... would renters pay 4k for 2br (Dakota area rental) when TOP, time will tell

Dakota Residences for rent at 4k+, anyone:



I think rental will fall, but those near MRT and mall will still be able to find tenants. I had rented a studio overseas before, and on hindsight I should have rented on nearer to the town center that had malls and a rail station.

[hyenergix]

i am kind of lost now....nid to monitor and try to understand our govt gg forward.....for now i am more interested in the equity markets.....no tax no nothing....anytime can buy and sell wif no restrictions ;)

Stocks market is quite dangerous now, because a lot of companies should be losing money next year when the austerity measures in US and EU kick in. And I don't really believe US is recovering. The foreigners (e.g. Ang Mos) are downgrading to MMs and HDBs from my own observations. You can see even more of them at heartland coffeeshops.

[Pro888]

You seem to think BR @ 1350psf is a good buy ...You are lucky ... if you have enough Vit M, you may remember BR as a painful lesson for life :)

Mall is nothing in OCR nowadays, nearby got Changi City Point, Easpoint, 2 malls in Tampines, Paya Lebar Sq coming up soon

What ppl are really paying is easy access to MRT when it rains ... would renters pay 4k for 2br (Dakota area rental) when TOP, time will tell

Dakota Residences for rent at 4k+, anyone:

http://i2.propertyguru.com.sg/images/thumb/7/7/e/4/77e4c115826790_1_V550.jpg

When market is bullish, analyst wld predict STI 4000 pt
When market is bearish, analyst wld predict STI to go below 2000pt.

Dun listen to expert or analyst. If they dun say a thing, then somethin will really happen.

If they really like the place, why not. It is their dream hse. You cant buy a dream.

Next time, i ask my kid, 1 go MND, 1 go MAS to work - got 1st hand info. :D :D :D

[devilplate]

Stocks market is quite dangerous now, because a lot of companies should be losing money next year when the austerity measures in US and EU kick in. And I don't really believe US is recovering. The foreigners (e.g. Ang Mos) are downgrading to MMs and HDBs from my own observations. You can see even more of them at heartland coffeeshops.
we can always short instead of go long rite?

actually cm5 gave us some kopi $$ oredi if u short ppty counters the next day hehehe

[hyenergix]

When market is bullish, analyst wld predict STI 4000 pt
When market is bearish, analyst wld predict STI to go below 2000pt.

Dun listen to expert or analyst. If they dun say a thing, then somethin will really happen.

If they really like the place, why not. It is their dream hse. You cant buy a dream.

Next time, i ask my kid, 1 go MND, 1 go MAS to work - got 1st hand info. :D :D :D

There are some Parliamentary positions where all ministries and agencies papers have to go through them. All the juicy bits of future information are in their hands.

[devilplate]

anyone watched overheard 2.....although fictional but quite educational la.....hehehe

[Pro888]

There are some Parliamentary positions where all ministries and agencies papers have to go through them. All the juicy bits of future information are in their hands.

true. I cannot say more. Later kanna "red card" :D

[propertychap]

I just went to the Bedok residences showroom and was told that it is 90% sold. There are still units sold since the CM were announced. But no foreigners. Locals are still buying.
I was asking if there were returned units. None so far.
So will property price drop a lot?

[jwong71]

I just went to the Bedok residences showroom and was told that it is 90% sold. There are still units sold since the CM were announced. But no foreigners. Locals are still buying.
I was asking if there were returned units. None so far.
So will property price drop a lot?

i wonder if there's any units return, will developer report on it..??

knowing it will further dampen the buyer's confidence and market sentiment

[hyenergix]

Not easy to drive in Bedok. Buses shd b quite slow due to e numerous traffic junctions. There r real demand out there. Rem many people queued n wld b willing to snap up any returned units.

[Tripp]

i wonder if there's any units return, will developer report on it..??

knowing it will further dampen the buyer's confidence and market sentiment

You can check using the monthly sales figures from the URA transaction caveats, usually posted on 15th of the month.

Total number of units sold in that month
vs
Total accumulative number of units sold since launch.

But to get the number of returned units for Bedok Residences, you can only check for it on 15th Jan, that's when the sales for Nov 11 and Dec 11 are reported.

[bargain hunter]

yah. but part 1 nicer. :ashamed1:


anyone watched overheard 2.....although fictional but quite educational la.....hehehe

[kane]

did the first and second property buyers get 3% discount after CM5 was announced?

[propertychap]

No discounts for 3rd property buyers. There are a number of checks waiting for returned units so chances of developer dropping price for the remaining units is slim. Anyway why would developer want to drop price when it is 90% sold and they have enough money to start building?
Of course, whether there would be buyers not exercising option at this point is uncertain. But if a buyer has bought earlier with the intention to hold for a few years becos the seller ssd, there is no motivation for the buyer to forfeit the booking fee, knowing that there is additional buyer ssd to buy now and there are people in the queue for returned units?

[devilplate]

No discounts for 3rd property buyers. There are a number of checks waiting for returned units so chances of developer dropping price for the remaining units is slim. Anyway why would developer want to drop price when it is 90% sold and they have enough money to start building?
Of course, whether there would be buyers not exercising option at this point is uncertain. But if a buyer has bought earlier with the intention to hold for a few years becos the seller ssd, there is no motivation for the buyer to forfeit the booking fee, knowing that there is additional buyer ssd to buy now and there are people in the queue for returned units?
u submiited chq for returned units?

[propertychap]

No reply so far for returned units.

[devilplate]

No reply so far for returned units.
u r the most bullish bull around liao ;)

[phantom_opera]

BR is damn cheap compared to Silversea / Centro :scared-3:

SILVERSEA MARINE PARADE ROAD Condominium 1 5,920,200 2,530 Strata 2,340psf Nov-11

CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,556,360 1,001 Strata 1,555psf Nov-11

Long live Far East

While the 1997 Bishan 8 is struggling to regain its past glory, it is a shame that is psf is miles apart from BR and AMK givens its better location:

BISHAN 8 BISHAN STREET 21 Condominium 1 1,100,000 1,184 Strata 929psf Nov-11

[bakasa2002]

just got a call fr agent that a buyer is not exercising option, so the developer will get one 2bdr unit back. Was asked to let him know if i m keen, seems like got a few ppl forfeiting the 5% le:)

[phantom_opera]

just got a call fr agent that a buyer is not exercising option, so the developer will get one 2bdr unit back. Was asked to let him know if i m keen, seems like got a few ppl forfeiting the 5% le:)

only 1.25% loss ... peanut actually

11 units of BR sold between 1500-1546psf in November, really can match Far East Centro liao

[bakasa2002]

BR is damn cheap compared to Silversea / Centro :scared-3:

SILVERSEA MARINE PARADE ROAD Condominium 1 5,920,200 2,530 Strata 2,340psf Nov-11

CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,556,360 1,001 Strata 1,555psf Nov-11

Long live Far East

While the 1997 Bishan 8 is struggling to regain its past glory, it is a shame that is psf is miles apart from BR and AMK givens its better location:

BISHAN 8 BISHAN STREET 21 Condominium 1 1,100,000 1,184 Strata 929psf Nov-11

bro, I pass by Bishan 8 quite often but really wonder what's wrong w the site, cos' the prices are not matching up w the nearby developments. Is it jinx or what? :)

[bakasa2002]

only 1.25% loss ... peanut actually

11 units of BR sold between 1500-1546psf in November, really can match Far East Centro liao

It might be a start cos' within the nx few days, the ppl who have bought might choose not to exercise as the option date close in. :)

[phantom_opera]

bro, I pass by Bishan 8 quite often but really wonder what's wrong w the site, cos' the prices are not matching up w the nearby developments. Is it jinx or what? :)

old leasehold nobody wants already even at Bishan, Singapore mentality, pay high high for new one, hopefully TOP already quickly flip or stay 1-2y and flip

in this sense, freehold in D9/D10 can hold the value much better

[propertychap]

You have the contact of the agent with the returned 2 bedder unit?

[Pro888]

just got a call fr agent that a buyer is not exercising option, so the developer will get one 2bdr unit back. Was asked to let him know if i m keen, seems like got a few ppl forfeiting the 5% le:)

New agent or ???

He expectin you to buy when he directly created fear.

[kane]

Where does Centro get these carrot heads to chop?

[gn108]

Same type of carrots that Bedok Residences planted ...


Where does Centro get these carrot heads to chop?

[devilplate]

Same type of carrots that Bedok Residences planted ...
i nrly become one of them if BR launch at 11xxpsf....whahahaha

[phantom_opera]

i nrly become one of them if BR launch at 11xxpsf....whahahaha

Would you still buy at 11xxpsf if cm5 is known earlier?

[devilplate]

Would you still buy at 11xxpsf if cm5 is known earlier?
11xxpsf after cm5 removed, i will buy

whahahaha

luckily got cm5 la.....i told myself DONT buy anything after cm4 oredi.....but still fingers got itchy.....wakakaka

[phantom_opera]

11xxpsf after cm5 removed, i will buy

whahahaha

luckily got cm5 la.....i told myself DONT buy anything after cm4 oredi.....but still fingers got itchy.....wakakaka

Land bids going forward near MRT could be all less than 400psf like Punggol ... :scared-3: It will be interesting to see whether major players like FEO/CDL/CAPL will bid high enough

Punggol near MRT - 354psf (won by Wee Hur construction)
Mount Vernon near Bartley MRT - 360psf?
Kovan/Simon Road near Kovan MRT - 398psf?
Bedok South near Tanah Merah MRT -380psf?

[devilplate]

Land bids going forward near MRT could be all less than 400psf like Punggol ... :scared-3: It will be interesting to see whether major players like FEO/CDL/CAPL will bid high enough

Punggol near MRT - 354psf (won by Wee Hur construction)
Mount Vernon near Bartley MRT - 360psf?
Kovan/Simon Road near Kovan MRT - 398psf?
Bedok South near Tanah Merah MRT -380psf?
all the resale nearby will be greatly hit

kovan res, optima oredi 11xxpsf+,

400psf land+350psf construction+200psf profit=950psf launch px......resale nrby by right cheaper den new launch somemore.....optima/KR drop to 8xx-900psf? hohoho

hmm.....going forward, i believe developer still can sell leh.....build 2bdr 7xxsqft,3bdr 1ksqft and launch at 950psf on average for those plots near MRT.....cheaper psf den nrby projects and much smaller quantum.....

[bakasa2002]

You have the contact of the agent with the returned 2 bedder unit?

Just PM you bro.

[bakasa2002]

New agent or ???

He expectin you to buy when he directly created fear.
Hahaha ... I think he is experienced but he did paint a nice story abt the buyer letting go cos' wanted a 3bdr for own stay and if they hang on to this, they will have to pay 3% for a 3rd ppty. I am assuming that they are locals. He also tell me that he will be able to help secure the unit before it goes back to developer and there are a few ppl waiting w cheques and it will likely be open for balloting. ;)

It's up to you to believe the story lah but at $1,3xx psf, I think I can wait. ;)

[propertychap]

Capland bought the land at 804 psf ppr. construction cost about 300psf and profit of 200psf will give asp of 1300psf. But how to account for the shopping mall part? The profit is not optimised ? Capland is not going to sell the commercial units I guess and keep the cash cow?

[Pro888]

Hahaha ... I think he is experienced but he did paint a nice story abt the buyer letting go cos' wanted a 3bdr for own stay and if they hang on to this, they will have to pay 3% for a 3rd ppty. I am assuming that they are locals. He also tell me that he will be able to help secure the unit before it goes back to developer and there are a few ppl waiting w cheques and it will likely be open for balloting. ;)

It's up to you to believe the story lah but at $1,3xx psf, I think I can wait. ;)

He or you?

Surely agent wldn't say there are few returned units. How to sell

You mentioned "seem like there are few" - So u are assuming

Why ? Becos you are waiting to buy a unit there.

Whether true or not, not vested.

1 or 2 postings of these kind wldnt create any impact. Try harder....:D

[kal]

every new launch also hv returned units. BR timing is good as i think majoyrity buyers already signed loan b4 the CM5. So, if not go ahead, bank penalty + 1.25% forfeited can be a bit painful.. So tat Ar pi cha la go / scotts tower will kena hit harder..

[bakasa2002]

He or you?

Surely agent wldn't say there are few returned units. How to sell

You mentioned "seem like there are few" - So u are assuming

Why ? Becos you are waiting to buy a unit there.

Whether true or not, not vested.

1 or 2 postings of these kind wldnt create any impact. Try harder....:D

Huh? What impact? Not suspecting I am that agent ba? :)

[propertychap]

Any news of more returned units?

[latour]

Cheques are awaiting for the returns...

[propertychap]

you mean there are still cheques waiting after cooling measures?

[latour]

up till now not sure about returns, but heard there are a few chqs (presume with lower price) waiting on the sideline. And also chqs with a slightly higher price !? for those missed out on those choice units.

[propertychap]

Heard from agent that the returned units have been taken up so far through balloting. The response still so good after CM5?
Strange

[latour]

Heard from agent that the returned units have been taken up so far through balloting. The response still so good after CM5?
Strange

heard about the re-balloting sh*t as well, true?
Looks like my chq of apprx $1.2k /psf being thrown out of the window oredi...

[kane]

CM5 and still people want to pay $1,300psf for bedok??

[azeoprop]

Looks like we need CM6 freezing measure. :D

[DC33_2008]

Will be interesting to know how many of the buyers have HDB addresses. Help garment to take further CM decision.
CM5 and still people want to pay $1,300psf for bedok??

[kane]

Will be interesting to know how many of the buyers have HDB addresses. Help garment to take further CM decision.

more useful if they find out how many buyers there have 3 or more properties.

[august]

saw from BT,
bedok residences, 20 units returned to developer.
the palette, 17 units
archipelago, 12 units

[bargain hunter]

At CapitaLand's Bedok Residences, which was released on Nov 23, about 4 per cent or around 20 of the 495 options issued were not exercised by the deadlines.

CapitaLand Residential Singapore's spokeswoman said yesterday: 'Eighty five per cent of the 583 available units at Bedok Residences have been sold, mainly to Singaporeans and permanent residents. To date, over 95 per cent of buyers have signed their Sales and Purchase Agreements, which reinforces the strong appeal of the development.' The condo is priced at $1,350 psf on average.

[repanse71]

Is it due to valuation less than purchase price?



At CapitaLand's Bedok Residences, which was released on Nov 23, about 4 per cent or around 20 of the 495 options issued were not exercised by the deadlines.

CapitaLand Residential Singapore's spokeswoman said yesterday: 'Eighty five per cent of the 583 available units at Bedok Residences have been sold, mainly to Singaporeans and permanent residents. To date, over 95 per cent of buyers have signed their Sales and Purchase Agreements, which reinforces the strong appeal of the development.' The condo is priced at $1,350 psf on average.

[howgozit]

I think due to panic after announcement of the latest CM.

Valuation can't be less than purchase at launch prices... developer's pricing all backed by the banks. Resale is another matter.


Is it due to valuation less than purchase price?

[bargain hunter]

yeah. that report was an assessment of how many people did not exercise possibly due to the Dec cooling measures.


Is it due to valuation less than purchase price?