MY MANHATTAN - Simei Street 3 Condo by CEL Development

**carbuncle** · 02-05-12, 12:01

Originally Posted by eng81157

sorry to say, but i still think the development's name sucks. simei is no manhattan, period.

Well. At least it is MM in short. Hopefully can ride on the popularity of the actual MMs....wakakakaka

**graveyard** · 02-05-12, 13:30

Originally Posted by carbuncle

Well. At least it is MM in short. Hopefully can ride on the popularity of the actual MMs....wakakakaka

haa. So this sshould have been a swanky luxurious suite in the heart of the city like Orchard, Shenton way, Keppel? Or this goes better with Manhatten "Fish Market"?

**latour** · 02-05-12, 13:31

Will potential buyers hit on this facts?

http://www.mymanhattancondoliving.com/Why_Buy_.html

Why Buy?

1. Recent new launches of Condos within walking distance to MRT and Shopping such as Bedok Residences(Ave $1,400psf), Sky Habitat($1,700psf), Katong Regency($1,800psf), etc makes Mymanhattan@ Simei an attractive option.

2. Directly Opposite Simei MRT & Eastpoint Mall.

3. Good Rental Yield and demand with consistent tenancies...

**eng81157** · 02-05-12, 13:36

Originally Posted by graveyard

haa. So this sshould have been a swanky luxurious suite in the heart of the city like Orchard, Shenton way, Keppel? Or this goes better with Manhatten "Fish Market"?

would be more befitting if it was located in shenton. what's up next? my tokyo?

**graveyard** · 02-05-12, 13:52

Originally Posted by latour

Will potential buyers hit on this facts?

http://www.mymanhattancondoliving.com/Why_Buy_.html

Why Buy?

1. Recent new launches of Condos within walking distance to MRT and Shopping such as Bedok Residences(Ave $1,400psf), Sky Habitat($1,700psf), Katong Regency($1,800psf), etc makes Mymanhattan@ Simei an attractive option.

2. Directly Opposite Simei MRT & Eastpoint Mall.

3. Good Rental Yield and demand with consistent tenancies...

smart move riding and hitting on the high psf charged by theses condos. I think this project will have no problem renting out given its very close proximity to MRT and may also command a premium rent that may offset the high psf. And theres no MM nearby so renters who want to live alone but cant afford a big unit may show interest in this

**latour** · 03-05-12, 12:43

Originally Posted by graveyard

smart move riding and hitting on the high psf charged by theses condos. I think this project will have no problem renting out given its very close proximity to MRT and may also command a premium rent that may offset the high psf. And theres no MM nearby so renters who want to live alone but cant afford a big unit may show interest in this

Indeed, this may well be the project that will determine rentals in Simei.

**latour** · 15-05-12, 22:06

Another 13 units sold in April, median price of $1,214 /psf.

**latour** · 18-05-12, 14:49

Anybody know what is the land behind East Point, along Simei St 1, is meant for?

**latour** · 15-06-12, 14:31

MY MANHATTAN SIMEI STREET
CEL-Simei Pte Ltd
Non-Landed, OCR
33 units sold in May'12, Median Price $1,167 /psf.

This is the highest number of units sold in a month since the launch last year with 69 units sold in Feb'2011.
Let me guess... forumers had been reading and doing research here ever since new OCR LH99 launches this year at higher price /psf, and quietly buying out this project? as the price now looks more and more acceptable? (just guessing...haha).

**radha08** · 16-06-12, 02:45

Originally Posted by latour

Anybody know what is the land behind East Point, along Simei St 1, is meant for?

NEW MRT station...NSEW(North South East West) line....

**bakasa2002** · 16-06-12, 09:38

Originally Posted by latour

MY MANHATTAN SIMEI STREET
CEL-Simei Pte Ltd
Non-Landed, OCR
33 units sold in May'12, Median Price $1,167 /psf.

This is the highest number of units sold in a month since the launch last year with 69 units sold in Feb'2011.
Let me guess... forumers had been reading and doing research here ever since new OCR LH99 launches this year at higher price /psf, and quietly buying out this project? as the price now looks more and more acceptable? (just guessing...haha).

I'm surprised they are moving well for this proj, sky habitat effect! Lolx!

**phantom_opera** · 16-06-12, 11:18

ECO at bedok south will scale new high psf with SOHO seaview, Optima seaview units will Huat 10x

**latour** · 16-06-12, 14:11

Originally Posted by radha08

NEW MRT station...NSEW(North South East West) line....

Haha... Maybe it's the new LRT system, more likely.

**latour** · 07-07-12, 14:11

Originally Posted by bakasa2002

I'm surprised they are moving well for this proj, sky habitat effect! Lolx!

Whether SkyHabitat Effect or not, with the new land bid prices up and positive news on resale prices up etc etc. take up rate is surely crippling up, that's according to some people whom know the developer and marketing agent. Looking more n more attractive with mrt, mall and shops already there.

**graveyard** · 07-07-12, 15:20

Originally Posted by bakasa2002

I'm surprised they are moving well for this proj, sky habitat effect! Lolx!

aggressive marketing maybe? ads on tv, newspaper and orangetee agents all over simei MRT

**Clim1688** · 15-07-12, 21:44

Sales look strong. For 2 bedders, understand left with just few units only.

**latour** · 15-07-12, 22:23

Originally Posted by Clim1688

Sales look strong. For 2 bedders, understand left with just few units only.

What about those 2+S, saw the floor plan it's like a 3br with the study without built in cabinets. Think it's like 936sqft or something, with proper kitchen and yard for a washer dryer. This is surely good size, 2+S can rent out as 3br unit, haha!

**latour** · 17-07-12, 10:11

Originally Posted by Clim1688

Sales look strong. For 2 bedders, understand left with just few units only.

June sold 18 units, not bad at all...

**phantom_opera** · 15-08-12, 14:07

24 units sold in July median 1,155psf lowest 1,029psf highest 1,350psf

about 80 units left

**carbuncle** · 15-08-12, 14:53

this one TV ad running again

**phantom_opera** · 15-08-12, 14:59

ECO is waiting for this guy to sell out first

**bakasa2002** · 15-08-12, 15:08

Originally Posted by phantom_opera

ECO is waiting for this guy to sell out first

Hmm, if ECO is priced similar to this, which would u buy?

**phantom_opera** · 15-08-12, 15:11

Originally Posted by bakasa2002

Hmm, if ECO is priced similar to this, which would u buy?

of course ECO lah

**latour** · 15-08-12, 17:35

Originally Posted by phantom_opera

24 units sold in July median 1,155psf lowest 1,029psf highest 1,350psf

about 80 units left

Another 24 units at median $1,155 /psf, not bad.
Looks like these days near MRT $1k to $1.2k is the norm liao.

**graveyard** · 15-08-12, 17:41

Looks like the aggressive marketing by orangetee is really paying off

**carbuncle** · 15-08-12, 17:43

near ew line mrt 1.2k is cheap!!!

**phantom_opera** · 15-08-12, 17:53

Originally Posted by carbuncle

near ew line mrt 1.2k is cheap!!!

lol ... land price 520psf, slightly less than ECO, way less than Bright Hill Drive, JLD and recent TM bid by Fragrance

next you will say 1.4kpsf near MRT is cheap

**propertychap** · 15-08-12, 18:03

How does this compare with Bedok Residences?

**carbuncle** · 15-08-12, 18:26

1.4k near city hall mrt of course cheap lol

**carbuncle** · 15-08-12, 18:27

common buyers could care less how much land was sold for or how much profit developer earning. as long as right unit within budget just sign la

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