How could you guys not have this thread? ;) Belvedere is one of the better developments on Meyer Road.
Ok thread started!
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How could you guys not have this thread? ;) Belvedere is one of the better developments on Meyer Road.
Ok thread started!
Belvedere now can ask for $1,200 psf to $1,300 psf :)
There is a Belvedere ad in the ST classfied section today. Rare to see Belvedere ads.
Quote:
Originally Posted by Unregistered
Cos' there are only 168 units?
Those 80 people queuing outside Seafront @ Meyer are welcome to pick up a unit at The Belvedere. The Belvedere offers the same facing if not better facing. Moreover, they can get rental returns 3 years earlier.
Ah but the finishing is not as good as Seafront, no branded equipment. When the Belvedere first launched in 2005, it wasn't positioned to be a luxury condo, wasn't even supposed to be high end. Those days even when priced at $700 plus psf to $800 plus psf, Keppel were still finding it tough to finish selling all units.Quote:
Originally Posted by Bypasser
The Belvedere showflat was very ordinary by today's standards, with ordinary furnishings. The facilities and landscaping I suppose would pale in comparison with those at Seafront. The design is also nothing to shout at. Just very...ordinary.
There is no way a similar unit at the Belvedere can be valued at the same price as an unit at Seafront. I would say 2/3 of the price of Seafront.
Quote:
Originally Posted by don't be hyped
I was there at the showroom. It was positioned as a luxury condo and the furnishings were good. Whether a 2007 development is better than a 2005 development, it is possible. However, that does not mean that a 2005 development is lousy.
It is not lousy, but if you were aiming to match the price set by Seafront, then I would say it is not possible. Probably 2/3 of the price.Quote:
Originally Posted by Showroom Hopper
Quote:
Originally Posted by Unregistered
Sub-Sale price for sure will not match Primary Sale price.
The cash outlay for Primary Sale is lower than Sub-Sale.
I would say that the views are the same for both, excluding Seafront units facing Meyer Road.
One can give faster rental return while the other has much-much lower cash layout.
Buyer needs to decide.
True, I agree. Unless the project has an agreement with developer to hand over deferred payment scheme to the new buyer of the sub sale.Quote:
Originally Posted by Showroom Hopper
I would say that the best time to sell The Belvedere will be right after TOP. That is when rental income can be realised immediately for the loan repayments.
After I have finished my business with The Seafront @ Meyer, I will deal with you The Belvedere.
Whack! Whack! Whack!
Snap up the cheap subsales of The Belvedere.
Wow! Getting hot man!
Asking prices have been raised to $1,250 to $1,550 psf.
Let's see what the Seafront @ Meyer can do to the price tomorrow.
Yes. Thanks to The Seafront On Meyer, one very high floor 05 unit was sold at more than $1,300 psf. This is good! very good! Keep it up!Quote:
Originally Posted by Observer
Why don't the owner wait a little bit longer?Quote:
Originally Posted by The Other Belvedere Owner
High-floor stack 9/10 of The Seafront On Meyer cost almost $1,800 psf. The Belvedere stack 05, with better unblocked view, should be able to fetch closer to $1,700 psf.
Quote:
Originally Posted by Observer
Not much news about The Belvedere.
Maybe it is the Meyer Road hidden secret.
Quote:
Originally Posted by Meyer
167 units - not 168 units.
Interest on The Belvedere has been rising since the launch of The Seafront On Meyer. The Belvedere offers better-unblocked view and costs lesser. With the TOP in Dec07/Jan08, you can receive your rental income sooner. You can say it is a better investment.
I am sure those attending the City Scape Asia 2007 conference may find the development a worthy investment.
www.cityscapeasia.com
http://www.cityscapeasia.com/Images/...yscapeasia.png
Quote:
Originally Posted by Citibank
30%!
No joke man!
Quote:
Originally Posted by Market Watcher
Wah!
Citigroup says this kind of thing in a Asia Pacific conference.
Like that all the foreigners will come here and buy our properties man!
Quote:
Originally Posted by Registered
They sure have something big coming their way that we may know later.
As far as i know Citigroup do not have residential property portfolio. But maybe they have huge stake in certain developers.Quote:
Originally Posted by DRSG
Anybody knows economists, analysts, etc. in Citibank? We need to get more first-hand information from them before they make another announcement. Citibank must have know something we don't. Otherwise, they dare not make such prediction.
Quote:
Originally Posted by Joyce Teo (Ms)
Better grab some cheap units, that are below $1,700 psf, in The Belvedere fast before Seafront On Meyer sell out and Hong Leong launch.
Sorry hor those are non sea facing. Those with sea view not $1700 psf hor.Quote:
Originally Posted by Adviser
Quote:
Originally Posted by Unregistered
Grab those IR+SingaporeFlyer view at under $1,700 psf lor.
Since The Belvedere is sold out some time back.
Here are some tips for owners on the type of foreigners who are your potential buyers.
Indonesians
- Katong
- River Valley
- Orchard Road
- Nassim Hill and Nissim Road
- Bukit Timah
Australians
- East Coast, near the Meyer Road area
- Holland Road
- Pasir Panjang
- Ang Mo Kio
Indians
- East Coast, especially around Meyer Road area and Tanjong Rhu area
- Nassim Hill and Nassim Road
- Binjai Park
- Serangoon Road
This website full of investors, gamblers and property agents that think that people will get brainwashed and start buying anything. So that their commitments at stake will reap in more money for them.Quote:
Originally Posted by The Sunday Times
This website has a bunch of Motherfxxkin axxholes with brains filled with shXt from the toilet in istana.
We have a loser on the loose.
Quote:
Originally Posted by FO
Hi loser,
Can let us know where you are staying?
I am surprise that your asset was not enhanced.
Perhaps we can start buying your place so that you asset can be enhanced.
It broke our hearts to see you acting like a pathetic maniac.
Good luck!
Quote:
Originally Posted by The Sunday Times
Cool!
So how could we reach out to these foreigners?
Singaporeans are brained wash by the media, this year can go up by 20%, next year by 30%. All these are ambiguous statements thru our Media by our polictitions and institutions that gain from it. They are just interested in making the broad public go into a buying frenzy and pick up all the overpriced launches. Because when the broad market picks up, guess you gain the most? We are just individuals. They are Gov, developers, institutions, banks and property transaction companies.
Gov gains by releasing land at extremly high prices that were either aquired cheap or even free.
Developers gains by selling new launches at ridiculous prices, plus raise the prices of TOPed projects that still have unsold units.
Instituions gains by buying up prime properties here and justify the purchaces by issuing shares(IPO) or diluting the share value by issuing more. Buy up more and more to push prices up as to wait for the right time for release. The best part is the money they use for these purchases are not even their money, haha, it is the public money again. Property Reits involved.
Banks needless to say. Property market boom = Super business for banks.
Raise interest rate, push out more bank loans....
Property companies will get their cut/commision on every sale. The more the transactions, the more the profit.
These are the people that say the market is booming. sounds like they have alot in stake to be un-bias when reporting news don't you think so?
SAD TRUTH