Lakeholmz (D22, 99 Years, Frasers Centrepoint)

[stalingrad]

so wats the 'true value' of carabelle?

I would say $800, after a 20% drop as a result of the new cooling measures.

[westman]

Last fast forward the time capsule to 15 years later from today where all projects are not older by a few years among each other.....

What would be the price gap between LH/Caspian/LF?

[ay123]

Last fast forward the time capsule to 15 years later from today where all projects are not older by a few years among each other.....

What would be the price gap between LH/Caspian/LF?

lakeholme, lakefront, lakeshore, lakepoint will close the gap becos they are the "lake" brother.......caspian become more expensive becos she is not "lake" related ........haha

[westman]

Closing gap between all "lake" brothers and "non lake" brother .
Projects: LH/LS/LF/LP/CP/PV

within 15%
-westman

between 15~30%
-

more than 30%
-

[westman]

Latest PSF update:

Lakeholmz scale up to a new high after announcement of 14 Jan cooling measures..

84 Corporation Road #06-08
PSF $746
SQF 1249
$932k
Transacted 17 Jan 11
3+1 rooms

[kingkong1984]

250 psf for construction is generous!

[dtrax]

Latest PSF update:

Lakeholmz scale up to a new high after announcement of 14 Jan cooling measures..

84 Corporation Road #06-08
PSF $746
SQF 1249
$932k
Transacted 17 Jan 11
3+1 rooms

Caveat usually lags, the actual transaction is probably more than a month or so

[kingkong1984]

Caveat usually lags, the actual transaction is probably more than a month or so

Yes, look for caveats in Apr.. More conclusive.

[westman]

Caveat usually lags, the actual transaction is probably more than a month or so

Yes, fully agreed full impact can only be felt a few months later.

BTW, I've only transacted two deals so far (newbies in property investment ) and I noticed both deals were caveated just 2~4 days apart from the OTP signed date. Of course, it depend how the deal was made and I've no clue how soon this new buyer exercised the OTP.

Nonetheless, price gaps between Lakefront (1042psf), Caspain (848psf) & Lakeholmz (746psf) are around 28.5% and 12% respectively thus potential upside possible for Lakeholmz in the long run?

[kingkong1984]

Both ways, downside?

Haha...

[westman]

Both ways, downside?

Haha...

downside possible for short run, long run upside?

[kingkong1984]

Ok ok.. Let u win, down then up...

[westman]

Good news for JLD if the white elephant materialised?

New 'white knight' for TTI?
by Ryan Huang Wenwu 05:56 AM Feb 10, 2011

SINGAPORE - A new "white knight" may have emerged for debt ridden local trading company TT International (TTI).

In a filing with the Singapore Exchange, TTI said it had entered into an exclusive non-binding Heads of Agreement with Sembawang Equity Capital (SEC).

Under TTI's proposed agreement with SEC, both parties will jointly invest in TTI's subsidiary Big Box. Some of the terms will include TTI transferring its plot of land, including the uncompleted warehouse property, at Jurong East Street 11 to Big Box, for an estimated $95 million. This is subject to due diligence by Sembawang Equity.

Both parties will explore the possibility of structuring Big Box into a trustee company, which both sides will have equal shareholding stakes.
Another term of the deal will see a related corporation of SEC appointed as the turnkey contractor to complete the construction of the development on the property.

Going forward, TTI and SEC will proceed to negotiate on the detailed terms and conditions and target to sign an investment agreement by March 31. However, this will be dependent on approval by TTI's creditors and relevant government authorities.

The news comes two months after engineering services firm Boustead Singapore decided to drop its plans to inject $150 million into a partnership with TTI for the project.

TTI had entered into a scheme of arrangement on April 19 last year, as part of efforts to execute a debt restructuring and repayment plan. TTI's problems began when credit facilities totalling $332 million were pulled during the financial crisis, forcing it to call for a standstill of payments.

[Allthepies]

the better news will be when 2nd white site is sold

[westman]

the better news will be when 2nd white site is sold

Very true and for sure it will delights all in the west. However, with the current coolling measures, doubt it will happened very soon.

[westman]

Saw this display during JLD roadshow at JE MRT in Jan 2011. Did not pay much attention to it until yesterday. Noticed new road planning around JE MRT. See attached for info.

Tot the design is good. BTW, some of the planning has already started work liao...

[westman]

Latest Update for JLD with second sale site in Jurong Lake District in two weeks' time. Hurray!!!!

Detail as below:

http://www.ura.gov.sg/pr/text/2011/pr11-28.html

[westman]

Comprehensive Update on JLD developement ...

1) Redevelopment plan transform JE Intercharge into Transportation hub (something like The Centris perhaps?)
http://www.channelnewsasia.com/stori...399094/1/.html

2) Road widening process at JDL, The road widening works has already been started fro quite a wide and it will be updgraded from 2 lanes/direction to 3 lanes/direction.
http://www.lta.gov.sg/corp_info/index_announce.htm

3) Availability of new white site and developer is only given 7 years to develop the projects thus speeding up JDL developement speed.
http://www.ura.gov.sg/pr/text/2010/pr10-137.html

4) Master Planning and Project Management Services for Singapore Science Centre has been awared to CPG Corporation in 2009. However, was informed that project has been deferred to 2003 due to funding from MOE. (not sure it's correct)
http://www.cpgcorp.com.sg/press/view...ng=EN&PRID=499

5) JCube (formerly Jurong Entertainment Centre) is slated to complete by 2012.
http://www.capitamallsasia.com/facts...rtainment.html

6) New Hospital at Jurong East (Opposite Jurong East MRT)
http://www.channelnewsasia.com/stori...343953/1/.html

7) Canadian School to complete by Aug 2011
http://www.cis.edu.sg/cis/Page.aspx?id=1220

8) LTA's new project to widen of Boon Lay Way from Corporation Road to Jalan has started. With this widening, it's will be three lanes (per direction) thru to JE. (updated 19 Jan 2011)
http://www.lta.gov.sg/tender_info/no...an10_er338.htm

9) Second JLD White site sales coming. (Updated 15 march 2011)
http://www.ura.gov.sg/pr/text/2011/pr11-28.html

[westman]

Latest Transaction for Lakeholmz in April 2011.

OMG

$1,700,000 for PH!!!!!!!!!!!!!!!!!!

A record unit selling price in D22?

[sfwoo]

Latest Transaction for Lakeholmz in April 2011.

OMG

$1,700,000 for PH!!!!!!!!!!!!!!!!!!

A record unit selling price in D22?

If I am not wrong, this unit belongs to a feng shui master.
Buyer probably paying a premium for the feng shui.
But feng shui lun liu zhuan, can "rotate away" until the place was good for previous owner, but bad for new owner.
If you believe in feng shui.

[proud owner]

If I am not wrong, this unit belongs to a feng shui master.
Buyer probably paying a premium for the feng shui.
But feng shui lun liu zhuan, can "rotate away" until the place was good for previous owner, but bad for new owner.
If you believe in feng shui.

ahahaha u r right

if so good why should he sell ?

[allenl]

ahahaha u r right

if so good why should he sell ?

There is a cantonese phrase that says: Feng Shui guy bluff you for 8 to 10 years....maybe the unit is already 8 years old....haha

[devilplate]

To me, gd fengshui means got breeze(feng) and water (shui)

Tats y got sea/lake/river/bayview all command higher px lol

Longkang view aso hot demand now hahaha

[westman]

If I am not wrong, this unit belongs to a feng shui master.
Buyer probably paying a premium for the feng shui.
But feng shui lun liu zhuan, can "rotate away" until the place was good for previous owner, but bad for new owner.
If you believe in feng shui.

yes, saw that adv and tot nothing special...

What worried me was that is the bubble formed already in the west?
I've searched thru the URA caveats and found most units transacted below 1.3M.

Perhap this 1.3m a record for D22.
Also, I noticed a 1518sqf low floor unit sold at 824psf or $1.3m in the same month too....

Can upgrader really afford meh?

[westman]

To me, gd fengshui means got breeze(feng) and water (shui)

Tats y got sea/lake/river/bayview all command higher px lol

Longkang view aso hot demand now hahaha

I think probably the buyer is betting the second JLD white site to bid at record price on 25 May wor...

[devilplate]

I think probably the buyer is betting the second JLD white site to sold at record price on 25 May wor...

After this ge result, still possibly attract high bids? I hf my doubts....

I m beginning to turn from neutral to slight bearish......

Tighten FT tap + rapid int rate hike might just do the job

This yr ppty shd b safe until mid next yr....

[westman]

After this ge result, still possibly attract high bids? I hf my doubts....

I m beginning to turn from neutral to slight bearish......

Tighten FT tap + rapid int rate hike might just do the job

This yr ppty shd b safe until mid next yr....

All thanks to JLD upcoming new shopping malls..
Latest deal was transacted at $859psf for a 1507sqf unit!!!! Huatx3

Looks like now price cheong liao as I noticed many viewings lately at Lakeholmz during weekend...

[hyenergix]

I noticed more sub-sales and enquiries about properties around JLD too. What the area really lacks is good schools. This will complete the story of JLD and cause psf to go up.

[extremme]

Only good primary school is rulang

[westman]

Only good primary school is rulang

There is a good secondary school: River Vally.