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Thread: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

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    Foreigners back in private home market
    Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China
    Joyce Teo
    The Straits Times
    Thursday, 5 November 2009


    New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter. -- Photo: Desmond Foo, ST

    Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China.

    New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter – above the 19.7% average since the start of 2000.

    Buyers from China have dislodged those from India for the No. 3 spot in the rankings this year with a contribution of nearly 15% of total foreign purchases. This puts China just behind Indonesia in the second spot and Malaysia at No. 1.

    In the past two years, India had been in third spot, but it has slipped to fourth.

    Last year, buyers from China had moved up to the No. 4 spot, dislodging buyers from Britain.

    Buyers from Myanmar featured more strongly, coming in at No. 8. They did not make it to the top 10 last year, and were 10th in 2007.

    In the July to September period, foreign buyers – including permanent residents – lodged 2,448 private home caveats, a key step to buying a home.

    This is up from 1,807 caveats in the second quarter and just 498 in the first, according to data compiled by Savills.

    In all, permanent residents bought 1,389 homes in the third quarter.

    DTZ said its preliminary data for the third quarter showed that foreigners accounted for about 25% of total sales, compared with about 33% during the boom of 2007.

    The most popular project sought by foreigners was Sophia Residence, a project launched in July. Then came Caribbean at Keppel Bay, Ascentia Sky, One Devonshire and Viva.

    Permanent residents preferred Melville Park, a 99-year leasehold condominium in Simei, the recently launched Trevista, followed by Caribbean at Keppel Bay.

    About 54% of the purchases by China buyers were for resale homes, said DTZ head of South-east Asia research Chua Chor Hoon.

    Like Malaysian buyers, buyers from China tend to prefer homes priced between $500,000 and $1 million.

    One-fifth of them bought homes costing $1.5 million to as much as $5 million.

    Indonesians, however, tended to go for higher priced projects, particularly those priced $1.5 million to $5 million.

    They like properties located at Novena, River Valley and the Singapore River.

    They had been the biggest group of foreign buyers, taking first place from 2004 to 2007, only to lose the spot to Malaysia during the recent economic crisis, said Ms Christine Sun, Savills Singapore’s senior research & consultancy manager.

    The latest figures featured a substantial rise in the number of foreign transactions for higher-priced properties.

    A total of 86 properties priced above $5 million were sold in the quarter, up from 27 in the second and a mere six in the first.

    Also, there was a 60% rise in deals for projects costing between $1.5 million and $5 million. Demand from foreigners for mass market homes was little changed from the second quarter.

    Savills said recent data showed that foreigners who are not permanent residents tend to buy more pricey projects.

    This group was also more likely to buy homes in prime districts than permanent residents, said Ms Sun. ‘We are hearing that more of these super-rich mainland Chinese buyers have come in recent weeks to buy prime properties like the bungalows in Sentosa Cove.’

    But the big influx of foreigners to the luxury market in the 2006-2007 boom has not quite returned, consultants said.

    Still, support from regional buyers could rise further. Jones Lang LaSalle’s head of residential, Ms Jacqueline Wong, said the firm has had rising interest from new potential buyers from India, China and Russia in the past four months.

    ‘We are one of the places they are considering. They see Singapore as a safe haven,’ said Ms Wong.

    A senior private banker at a foreign bank said: ‘We are seeing some clients consider buying a Singapore property as one of a string of homes they have around the world. Luxury homes have come down 30% from the peak, so they are better value now.’

    DTZ’s Ms Chua said foreign buyers see the growing attraction of Singapore as a global city and expect prices to keep rising as the economy strengthens.

    ‘Prices of prime and luxurious units have not reached 2007 levels and there is still the potential of capital appreciation depending on the rate of economic recovery,’ she said.


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    DTZ has got quite a name for itself, for the agents they have. My friend whom did his transaction with this horrifying agent had an extremely unpleasant experience.

    As my friend was genuinely in the purchase and serious in the apartment, he let the matter come to pass (given he was, in any case, intended to buy anyway). For those who did not read the previous post, this was roughly what happened.

    My friend gave the cheque to the said DTZ agent and requested that the cheque to be withheld until he sights the OTP and inventory list. Within hours, the agent actually proceed to issue the cheque to the owner and came back with the owner's version of the OTP to my friend. Of course, my friend was furious. Though there was nothing particularly onerous in the owner's version of the OTP, the agent clearly breached her duty as an agent, and acted in contrary to the instruction given to her by her client whom she was suppose to act for: perhaps all for her eagerness to submit and close the deal, but appears to have acted without due consideration of the interest of her client (my friend).

    She has also asked from my friend his contacts of his banker, on the pretext of helping him along with the bank loan or such other matters which she can assist to help him to look at. It was after completion, my friend was informed by the banker that the agent had contacted the bank (i.e. the banker) to put the agent's name as the referral contact so as to extract the 0.15% of the loan referral commission. The agent did this not without informing my friend.

    Given such a situation, my friend felt rather offended for he was never quite consulted on the same, he then gave instructions to the bank that he was not aware that the agent actually referred him to the bank and that referral was done without his knowledge. As a matter of factly, my friend got to know the bank's financing packages from his other contacts and not thru the agent. On this basis, my friend removed the agent's name from the referral contact reference and thus the 0.15% commission was never paid out to the agent.

    The agent upon knowing this, started to haress my friend and even threatened to bring the case to court (shocking, isnt it?). My friend then approached DTZ to make an enquiry on this agent and her track records, and guess what:- DTZ apparently have already received multiple complaints about this rouge agent whom they have long stopped striked her name off the DTZ agency registration. When my friend presented the agent's name card (which bears DTZ's logo), it appears such name card can be easily reproduced by anyone out there even without being employed by DTZ!!

    I thought this was such a shocker incident !!

    Quote Originally Posted by 8kenshin
    Having helped my relative get a unit there, I have a rough idea how the system works.

    DTZ is the marketing agent for Keppel the developer. There is a large team of DTZ agents agents there that call themselves part of the "resident team". This team depends on Keppel for its ricebowl (they work on this and other launches and use there presence to generate customer leads). Keppel keeps these agents on a tight leash. These agents have no power and Keppel doesn't need to put up with any nonsense from rogue agents. I have been told agents have been blacklisted from future Keppel projects after customer complaints and indeed the entire agency relationship (here DTZ) depends on how professional a job keppel thinks the agency is doing.

    For non-developer units, a "resident specialist" should be a self appointed title. In this case its a bad idea to write a blank cheque as even if the agent is honourable, the seller may not be.

    Its one of the reasons my relative bought a developer unit, even though it might have been a bit cheaper to look at the resale market. They knew that Keppel would be faster and easier to deal than the owner of a resale unit.

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    some agents in fact hold multiple name cards. I really hope the industry regulation gets rid of all this nonsense.



    Quote Originally Posted by DW
    DTZ has got quite a name for itself, for the agents they have. My friend whom did his transaction with this horrifying agent had an extremely unpleasant experience.

    As my friend was genuinely in the purchase and serious in the apartment, he let the matter come to pass (given he was, in any case, intended to buy anyway). For those who did not read the previous post, this was roughly what happened.

    My friend gave the cheque to the said DTZ agent and requested that the cheque to be withheld until he sights the OTP and inventory list. Within hours, the agent actually proceed to issue the cheque to the owner and came back with the owner's version of the OTP to my friend. Of course, my friend was furious. Though there was nothing particularly onerous in the owner's version of the OTP, the agent clearly breached her duty as an agent, and acted in contrary to the instruction given to her by her client whom she was suppose to act for: perhaps all for her eagerness to submit and close the deal, but appears to have acted without due consideration of the interest of her client (my friend).

    She has also asked from my friend his contacts of his banker, on the pretext of helping him along with the bank loan or such other matters which she can assist to help him to look at. It was after completion, my friend was informed by the banker that the agent had contacted the bank (i.e. the banker) to put the agent's name as the referral contact so as to extract the 0.15% of the loan referral commission. The agent did this not without informing my friend.

    Given such a situation, my friend felt rather offended for he was never quite consulted on the same, he then gave instructions to the bank that he was not aware that the agent actually referred him to the bank and that referral was done without his knowledge. As a matter of factly, my friend got to know the bank's financing packages from his other contacts and not thru the agent. On this basis, my friend removed the agent's name from the referral contact reference and thus the 0.15% commission was never paid out to the agent.

    The agent upon knowing this, started to haress my friend and even threatened to bring the case to court (shocking, isnt it?). My friend then approached DTZ to make an enquiry on this agent and her track records, and guess what:- DTZ apparently have already received multiple complaints about this rouge agent whom they have long stopped striked her name off the DTZ agency registration. When my friend presented the agent's name card (which bears DTZ's logo), it appears such name card can be easily reproduced by anyone out there even without being employed by DTZ!!

    I thought this was such a shocker incident !!

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    Quote Originally Posted by bargain hunter
    some agents in fact hold multiple name cards. I really hope the industry regulation gets rid of all this nonsense.
    We had a similar experience with a DTZ agent and we find her behaviour totally distasteful and unprofessional. She is a live in specialist .

    We had purchased a unit through her and she recommended some banks to us. She mentioned that it is better for us to use her banker as she could make it easier for them to take photograph for the apartment for valuation ! Sincw we are not first time home buyers, we find this piece of imformation interesting.

    We decided to choose our own banker and we told her about it and guess what? She kept calling us and demanded that we give her the banker's detail..contact no ...giving all sort of reasons .. We were puzzled as to why she she need to know as we had use our own banker and not hers . We told that we would provide her the details after the bank has approved our loan. But she managed to find out which bank we had use and demanded commission from our banker ... she did this behind our back before we even had the chance to text her the details.

    Thank goodness we had pre warned our banker about this ruthless agent and the commission was not paid. Why should we even paid her the commission when we had use our own agent ? It has nothing to do with her . How she has the audacity to ask for commission .. obviously she has very thick skin.

    We find her service appalling and unbelievable ! To think that she is " from " DTZ has given the compnay a bad name.

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    Yes, my friend's agent (see below description of the incident) was also from DTZ and she also claimed to be a live-in specialist. When she was pitching the apartment to my friend she claimed she owns 9 Caribbean apartments and used that as a testament of her confidence in that project (not that it was of any influence at all). Quite unsurprisingly, on investigation of her claim with the MCST, MSCT denied that a single person owned or co-owned up to 9 apartments in caribbean. What a slime ball she was, isnt she?

    I wonder if this is the same agent. Is her name Nic***?
    Let me know. I really do hope the regulation will rid the industry of such unethical rogue agents.

    Quote Originally Posted by carpel
    We had a similar experience with a DTZ agent and we find her behaviour totally distasteful and unprofessional. She is a live in specialist .

    We had purchased a unit through her and she recommended some banks to us. She mentioned that it is better for us to use her banker as she could make it easier for them to take photograph for the apartment for valuation ! Sincw we are not first time home buyers, we find this piece of imformation interesting.

    We decided to choose our own banker and we told her about it and guess what? She kept calling us and demanded that we give her the banker's detail..contact no ...giving all sort of reasons .. We were puzzled as to why she she need to know as we had use our own banker and not hers . We told that we would provide her the details after the bank has approved our loan. But she managed to find out which bank we had use and demanded commission from our banker ... she did this behind our back before we even had the chance to text her the details.

    Thank goodness we had pre warned our banker about this ruthless agent and the commission was not paid. Why should we even paid her the commission when we had use our own agent ? It has nothing to do with her . How she has the audacity to ask for commission .. obviously she has very thick skin.

    We find her service appalling and unbelievable ! To think that she is " from " DTZ has given the compnay a bad name.

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    Quote Originally Posted by DW
    Yes, my friend's agent (see below description of the incident) was also from DTZ and she also claimed to be a live-in specialist. When she was pitching the apartment to my friend she claimed she owns 9 Caribbean apartments and used that as a testament of her confidence in that project (not that it was of any influence at all). Quite unsurprisingly, on investigation of her claim with the MCST, MSCT denied that a single person owned or co-owned up to 9 apartments in caribbean. What a slime ball she was, isnt she?

    I wonder if this is the same agent. Is her name Nic***?
    Let me know. I really do hope the regulation will rid the industry of such unethical rogue agents.

    Yes... her name is Nic *** she claims she owns 4 units and feel very bullish about Caribbean . She even brought us to see her unit . I still see her ad in the papers sometimes..scary.

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    wait for Carpel to confirm. This is terrible. The tone sounds like some con man going around making unsubstantiated claims. sometimes 9 units, sometimes 4 but storyline is the same. geez.



    Quote Originally Posted by dormer
    Yes... her name is Nic *** she claims she owns 4 units and feel very bullish about Caribbean . She even brought us to see her unit . I still see her ad in the papers sometimes..scary.

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    Wa.. seems like everyone of you are honing in on the same agent.
    Maybe you can write a letter and co-signed by all you guys to media and expose this bluddy bi*tch. I already hate her from the description you guys gave..

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    Default Sham DTZ Female Agent - Nic*** Can***

    Yes, she invited my friend and me to her apartment before. To confirm its the same person, her "apartment" that she brought you to is a

    - 2BR,
    - fairly high floor (think its 8th or 9th floor)
    - located near the big fountain side right ??

    I did asked about other DTZ agents (those whom I find more reliable ones) about this female agent Nic*** and if she is indeed so famous in caribbean with 9 apartments. This other agent immediately told me about this 2BR apartment which Nico** brought us to - I understand this is one of the apartments which NIco**'s client asked her to rent it out for them - apparently, she is using it as part of her marketing scam rather helping the client to rent it out.... .....

    My jaw almost dropped when I hear that.... .... I always tot such shams are set up for tourist in Thailand, Cambodia,....etc, but in Singapore real estate industry?!??! Shocking!!

    Of course, we should always take these inputs with a pinch of salt but it does appear that this female agent Nic*** is some sort of a sham agent well-known even amongst its own agency colleagues... ...


    Quote Originally Posted by dormer
    Yes... her name is Nic *** she claims she owns 4 units and feel very bullish about Caribbean . She even brought us to see her unit . I still see her ad in the papers sometimes..scary.

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    Hi Dormer,

    What is your experience with her ?? Did you buy from her in the end ??
    Did she pull the same bank commission stant with you?
    Submitted your cheque without your consent (if you have instructed to conditionally withhold your cheque first).

    Any other sharing of experiences on this agent will be helpful I Think, especially if there are people here who might end up bumping into her, just to alert others.

    Quote Originally Posted by dormer
    Yes... her name is Nic *** she claims she owns 4 units and feel very bullish about Caribbean . She even brought us to see her unit . I still see her ad in the papers sometimes..scary.

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    Quote Originally Posted by bargain hunter
    wait for Carpel to confirm. This is terrible. The tone sounds like some con man going around making unsubstantiated claims. sometimes 9 units, sometimes 4 but storyline is the same. geez.

    Her name is Nic***. Hope she will have some self reflection when she read this. Buyers out there beware .

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    So there you have it. I am not vested at C@KB, but my friend recently bought through a DTZ agent representing Keppel. Don't think its her since its from the developer's sales team?

    The few of you who have dealt with Nic*** should band together and look for more 'victims' and see what course of action you want to take. Any experienced investors got any ideas on what to do with such thugs?

    Believe me, people with no conscience will not reflect on themselves when they read this.



    Quote Originally Posted by carpel
    Her name is Nic***. Hope she will have some self reflection when she read this. Buyers out there beware .

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    Quote Originally Posted by bargain hunter
    The few of you who have dealt with Nic*** should band together and look for more 'victims' and see what course of action you want to take. Any experienced investors got any ideas on what to do with such thugs?

    Believe me, people with no conscience will not reflect on themselves when they read this.
    is she cute?

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    not again...anyway, i have not met her, must ask the other guys.

    Quote Originally Posted by gfoo
    is she cute?

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    She is about 1.65m tall and appears to weigh about 85-100kg type. Age is probably about mid to late thirties. Mid-lenght hair and I personally would put her on a beauty index/scale of not higher than Patricia Mok. On a very good day, you can perhaps consider her to be about 4-5 notches below Patricia Mok.

    You go figure, if she is cute.

    PS: The stats I provided above are by no means an exaggeration. I mean, those are my honest assessment.

    Quote Originally Posted by gfoo
    is she cute?

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    this is bad, negative on all measures. i could have sworn you are biased because of her misdeeds LOL. You describe her as though she is in some WANTED list. But I guess everyone who is interested in C@KB should keep a lookout for her.

    Quote Originally Posted by DW
    She is about 1.65m tall and appears to weigh about 85-100kg type. Age is probably about mid to late thirties. Mid-lenght hair and I personally would put her on a beauty index/scale of not higher than Patricia Mok. On a very good day, you can perhaps consider her to be about 4-5 notches below Patricia Mok.

    You go figure, if she is cute.

    PS: The stats I provided above are by no means an exaggeration. I mean, those are my honest assessment.

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    yucks- sounds like a cross dressing moses lim

    shang nao jin ah!

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    that's a cross dressing jack neo.

    Quote Originally Posted by gfoo
    yucks- sounds like a cross dressing moses lim

    shang nao jin ah!

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    Quote Originally Posted by DW
    Hi Dormer,

    What is your experience with her ?? Did you buy from her in the end ??
    Did she pull the same bank commission stant with you?
    Submitted your cheque without your consent (if you have instructed to conditionally withhold your cheque first).

    Any other sharing of experiences on this agent will be helpful I Think, especially if there are people here who might end up bumping into her, just to alert others.
    Yes, she brought us to her 2BR unit located at the 9th floor for signing the OTP.

    Everything was ok until she kept on chasing me for my banker details. She had irritated me becos she gave me all sort of stupid reasons demanding for the details. Although bank referral comm has nothing to do with me, I just do not wish to reward to this $ face agent. Guess what? Same as what Carpel has mentioned. She found out my banker details behind my back and demanded the comm from our banker. Luckily, I have pre-warned my banker and the comm was not paid out.

    Besides 4 units in Caribbean, she also claimed that she owned 1 unit of the SAIL. She speaks with a Hong Kong essence and she always said "You got a good unit at a good price" after signing the OTP.

    For those potentail Caribbean buyers, please beware of this unethical agent. You still can find her Ad in the rental and sales of Caribbean who has claimed that she is a live in specailist.

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    To add on, this female agent Nico**, also tried to persuade my friend to buy the unit by showing several other "recently signed OTPs" together with photocopies of the cheques submitted for the price and unit nos.

    She shown us three units which was supposedly recently transacted (i.e. OTP signed) units at prices more than SGD100psf than URA caveated prices - she used these as her basis of the current market price in that URA caveat prices is deficient in not able to capture live transacted prices (as they are usually lagged). I deliberately noted the unit numbers and prices of these examples shown to us. It has been 3++ months now, none of these examples she shown are published on the URA caveats.

    Yes, it could be these buyers just decided not to lodge a caveat at all (which most lawyers will normally do for their clients) but, for these three specific examples which she shown us and happened not to be lodged with SLA (caveats), just too much of a coincidence to be true, at least in my own view. Within reason, her integrity and trustworthiness is highly questionable.

    Quote Originally Posted by dormer
    Yes, she brought us to her 2BR unit located at the 9th floor for signing the OTP.

    Everything was ok until she kept on chasing me for my banker details. She had irritated me becos she gave me all sort of stupid reasons demanding for the details. Although bank referral comm has nothing to do with me, I just do not wish to reward to this $ face agent. Guess what? Same as what Carpel has mentioned. She found out my banker details behind my back and demanded the comm from our banker. Luckily, I have pre-warned my banker and the comm was not paid out.

    Besides 4 units in Caribbean, she also claimed that she owned 1 unit of the SAIL. She speaks with a Hong Kong essence and she always said "You got a good unit at a good price" after signing the OTP.

    For those potentail Caribbean buyers, please beware of this unethical agent. You still can find her Ad in the rental and sales of Caribbean who has claimed that she is a live in specailist.

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    Default 4th AGM (end Feb)

    Anyone here will be attending the AGM coming up?

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    Apartment at Caribbean at Keppel Bay sold for $1,479 psf
    The Edge
    Monday, 15 February 2010


    Caribbean at Keppel Bay

    With the opening of Genting Singapore’s Resorts World at Sentosa integrated resort, there has been a flurry of transactions at Caribbean at Keppel Bay and also the upmarket condominium projects in Sentosa Cove. In the week of Jan 15 to 22 alone, there was a total of 9 new sales and resales.

    The condominium that saw the most resale activity was the 969-unit Caribbean at Keppel Bay developed by Keppel Land and completed in 2004. In that period, there were 5 transactions at Caribbean ranging from $1,363 psf to $1,479 psf.

    The most recent transaction was an 8th floor, 893 sqft unit in one of the 10-storey blocks; it changed hands for $1.28 million, or $1,433 psf. The previous owner had purchased it from the developer in 2004 for $707,085, or $791 psf, enjoying an 81% capital appreciation in the last five years.

    The highest price achieved in terms of price psf was for a 1,356 sqft 7th floor unit sold for just over $2 million, or $1,479 psf. In that same tower, a 3rd-floor unit was sold for $1.702 million, or $1,363 psf. Two other units at Caribbean changed hands, with caveats lodged on Jan 15: One was a 1,668 sqft 5th-floor apartment sold for $2.43 million, or $1,460 psf; the other was a 1,335 sqft apartment on the third level of another block that went for $1.9 million, or $1,426 psf.

    Over at The Berth by The Cove, considered the first condominium development to be launched at Sentosa Cove by developer Ho Bee Group, the most recent transaction, according to URA Realis, was for a 1,647 sqft apartment on the first level of one of the low-rise blocks that changed hands at $2.45 million, or $1,490 psf.

    This is the third time the apartment has changed hands in the secondary market. The original owner had purchased the property in November 2004, when it was first launched, for more than $1.39 million, or $846 psf. It was subsequently sold in a sub-sale two years later for $1.647 million, or $1,000 psf, according to an October 2006 caveat. Thus, the first owner enjoyed a price appreciation of 18.2% in about two years. Barely a month later, the property was flipped for $1.9 million, or $1,154 psf, according to a November 2006 caveat. This owner enjoyed the greatest capital gain of 29% in more than 3 years when he sold the property most recently for $2.45 million.

    The Berth at the Cove was completed in 2006, and Ho Bee’s upmarket 249-unit The Coast was completed just last year. The most recent transaction at The Coast was for a 2,024 sqft 6th-level apartment sold for $4.768 million, or $2,357 sqft, according to a Jan 15 caveat with URA Realis. The previous owner had purchased the property for $3.416 million or $1,688 psf, when it was launched in late 2006. Thus, he saw a 39.6% capital appreciation in just over 3 years.

    The most exclusive condominium project that has set a new price benchmark at Sentosa Cove and that has gotten tongues wagging is SC Global Developments’ Seven Palms. Last October, the developer announced that it had sold 6 of 10 units released, and according to caveats lodged with URA Realis, the units ranged in price from $8.35 million for a 2,702 sqft apartment to $13.9 million for a 4,273 sqft apartment. Average prices ranged from $3,091 to $3,353 psf. Most recently, another unit was sold, according to a Jan 15 caveat. It was for a 2,723 sqft apartment that went for $9.088 million, or $$3,337 psf. Unlike the other condominiums that are of a 99-year lease tenure, SC Global’s Seven Palms has a 103-year lease.

    Meanwhile, at the luxury 124-unit condominium project, The Marina Collection, developed by a consortium-led by Lippo Group, a unit was also sold during that period. It was a 4,693 sqft, 5-bedroom penthouse that went for more than $10.3 million, or $2,200 psf. Construction of the project is underway and scheduled for completion late this year or early 2011. Another similar-sized penthouse was sold in early 2008 for $12.67 million, or $2,700 psf. The developer released 60 units for sale in the first phase in late 2007 for $2,700 to $2,900 psf.

    With the opening of Resorts World at Sentosa, there is even greater interest in luxury residential projects in Sentosa Cove and the Harbourfront area. Upcoming previews of new projects at Sentosa Cove after Chinese New Year include Ho Bee and IOI Properties’ 150-unit luxury Seascape as well as the 2nd phase of The Marina Collection.

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    I got the news from my agent that the developer is selling their remaining Caribbean units at 1700+psf now. Can anybody verify? How is the resales price now?

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    Quote Originally Posted by dormer, 10 March 2010 3.57 pm
    I got the news from my agent that the developer is selling their remaining Caribbean units at 1700+psf now. Can anybody verify? How is the resales price now?
    Developer raise selling price of remaining units at going-6-year-old Caribbean at Keppel Bay to $1,700+ psf?

    Why?
    Because its resale has just hit a nëw hïgh of $1,548 psf?


    Caribbean at Keppel Bay
    Address .............................. psf ............... Area ........ Price ............ Contract Date
    46 Keppel Bay Drive #10-125 .... $1,548 psf .... 904 sqft .... $1,400,000 .... 8 Feb 10

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    Quote Originally Posted by Reporter
    46 Keppel Bay Drive #10-125 .... $1,548 psf .... 904 sqft .... $1,400,000 .... 8 Feb 10
    Does 46 Keppel Bay Drive mean block 46?

    If so that on the corner of Telok Blangah Road and the Reflections.

    Unless it looks at something nice at the Reflections, I would rate the facing as average at best.

    But 1,700? if its tru, then they may be planning to push Reflections price!

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    Quote Originally Posted by Reporter
    Developer raise selling price of remaining units at going-6-year-old Caribbean at Keppel Bay to $1,700+ psf?

    Why?
    Because its resale has just hit a nëw hïgh of $1,548 psf?


    Caribbean at Keppel Bay
    Address .............................. psf ............... Area ........ Price ............ Contract Date
    46 Keppel Bay Drive #10-125 .... $1,548 psf .... 904 sqft .... $1,400,000 .... 8 Feb 10
    Recieve SMS from agent last Sat indicating new release of Reflections at $1,700psf onwards for 2-4rm sentosa view.

    IMHO, Caribbean selling at $1700 probably face a huge competition from Reflections which is newer and also a nice project going around the same px.

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    Interesting, but wonder if the agent info is correct?

    Why would Keppel Land raise the price of the Carribbean (by a lot) and not of the Reflections?

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    think your agent sms was wrong. Reported that Reflections new launch went for average $2200 psf

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    Strait Times had agents advertising they had units of Carribbean for sale at $1080...umm. I'll take 10

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    $1080 psf? Try to call them and they will record your name & telephone as next potential buyer in their database. Then they will return and said Oh, owners give wrong info, should be $2080 psf!
    Seen too many of these tactics. Where got so cheap deal advertise on newspapers for you?

    Quote Originally Posted by 8kenshin
    Strait Times had agents advertising they had units of Carribbean for sale at $1080...umm. I'll take 10

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