As long as it suits u n ur family lifestyle n investment target, it is good buy. 99 years is long way. Singapore might not exist by then.
As long as it suits u n ur family lifestyle n investment target, it is good buy. 99 years is long way. Singapore might not exist by then.
Is anyone going for the FEO discussion at Gopeng this Saturday evening? Clashes with the F1 race.
what is this event about?Originally Posted by 1000g
where and when...I will be self invited
gg for their F1 dinner...big screen F1 live
24 September 3-5pm @ 12 Gopeng Street #01-58 Icon Village RSVP to 98557325, Discussion on Soho Concept by FEO.Originally Posted by Laguna
The Chinese are in town today to check out on the various FEO projects.
Hopefully FEO can secure a few more Townhouse sales from this group.
TodayOnline, 23 Sep 11Originally Posted by GSLJ
http://imcmsimages.mediacorp.sg/cmsf...723_488776.jpg
Ad tagline reads: "Top selling project in August. Over 530 units sold."
Translates to 70.86% sold.
http://www.fareast.com.sg/FEOCorp.Up...011)_23sep.pdfOriginally Posted by GSLJ
Condo balance 8 units,
One new tower launched.
Hold back 3 towers not launched
Suites balance last 2 units
All towers launched
Soho balance 15 units
Tower 24 reserved
Hold back 2 towers not launched
Townhouses available: 51 units
Townhouses launched: 29 units
Townhouses balance 2 units
Hold back 22 units not launched
Since there are few young owners here very proud of their purchases, and wonder whether they got a good discount, I pasted below fyi
Exclude FV
208 Jalan Eunos #05-60 549 $561k $1,021 Sep 7, 2011
208 Jalan Eunos #04-60 549 $556k $1,012 Sep 7, 2011
208 Jalan Eunos #04-61 549 $566k $1,032 Sep 7, 2011
212 Jalan Eunos #04-75 538 $599k $1,114 Sep 6, 2011
186 Jalan Eunos #02-01 1,012 $929k $918 Sep 5, 2011
206 Jalan Eunos #01-54 635 $620k $976 Sep 5, 2011
212 Jalan Eunos #02-78 560 $595k $1,063 Sep 5, 2011
186 Jalan Eunos #05-02 1,141 $1,104k $967 Sep 5, 2011
208 Jalan Eunos #03-66 538 $551k $1,023 Sep 2, 2011
224 Jalan Eunos #01-118 592 $722k $1,220 Sep 2, 2011
194 Jalan Eunos #05-19 1,140 $1,030k $903 Sep 1, 2011
194 Jalan Eunos #02-19 1,141 $994k$871 Sep 1, 2011
200 Jalan Eunos #02-36 1,173 $1,165k $993 Sep 1, 2011
230 Jalan Eunos #01-139 872 $979k $1,123 Sep 1, 2011
212 Jalan Eunos #05-81 549 $636k $1,158 Sep 1, 2011
194 Jalan Eunos #04-20 1,012 $923k $912 Aug 31, 2011
224 Jalan Eunos #01-116 581 $707k $1,217 Aug 31, 2011
204 Jalan Eunos #02-48 1,173 $1,056k $900 Aug 31, 2011
222 Jalan Eunos #01-102 592 $681k $1,150 Aug 31, 2011
222 Jalan Eunos #02-103 528 $594k $1,126 Aug 31, 2011
222 Jalan Eunos #05-110 517 $600k $1,161 Aug 31, 2011
222 Jalan Eunos #05-108 527 $655k $1,242 Aug 31, 2011
202 Jalan Eunos #03-44 538 $525k $976 Aug 31, 2011
204 Jalan Eunos #01-45 613 $582k $949 Aug 31, 2011
194 Jalan Eunos #02-17 1,012 $923k $912 Aug 31, 2011
222 Jalan Eunos #01-106 581 $699k $1,203 Aug 31, 2011
186 Jalan Eunos #05-04 1,012 $927k $916 Aug 29, 2011
206 Jalan Eunos #05-53 549 $540k $984 Aug 29, 2011
206 Jalan Eunos #05-58 538 $562k $1,044 Aug 29, 2011
194 Jalan Eunos #02-20 1,012 $906k $895 Aug 29, 2011
Last edited by Laguna; 24-09-11 at 00:25.
Loads of tour buses there? Have all the reserved units sold out today?Originally Posted by Laguna
http://www.fareast.com.sg/FEOCorp.Up...25Sep2011).pdf
Condos
Tower 1 - 2 units left
Tower 2 - 2 units left
Tower 12 - 1 unit left
Suites
Tower 19 - 1 unit left
SOHOs
Tower 23 - 6 units left
Tower 26 - 7 units left
Townhouses
298, 308 - 2 units left
ESTIMATED SALES
Straits Times, Sat 24 Sep - "Ad Tagline: More than 536 units sold" (71.7%)
Went to reccce the site today.
Land perimeter up, but no cranes spotted yet.
This project already more than 70% sold. Wonder why FEO still holding back the balance towers and not launching for sale.
How many of those reserved units sold to PRC last weekend?
No idea at all.Originally Posted by DC33_2008
Waiting for FEO to update latest.
Lianhe Wanbao, 28 Sep 11
Ad tagline (in Chinese) reads: "Top selling project in August. Over 555 units sold."
"New Release of 2, 3 and 4-bedroom condo apartments from $955psf onwards"
Translates to 74.2% sold.
Based on FEO's EuHabitat Price List as at 27 Sep 2011:
http://www.feo.com.sg/FEOCorp.Upload...27Sep2011).pdf
Condos
Tower 1 - 2 units left
Tower 2 - 2 units left
Tower 3, 4, 5, 12, 14, 15, 16 - Sold Out
Tower 13, 27, 28, 29 - pls check with FEO Sales on unit availability
Suites
Tower 19 - 1 unit left
Tower 17, 18, 20 - Sold Out
SOHOs
Tower 23 - 6 units left
Tower 26 - 7 units left
Tower 22 - Sold Out
Tower 21, 24, 25 - pls check with FEO Sales on unit availability
Townhouses
298, 308 - 2 units left
The rest - pls check with FEO Sales on unit availability
ESTIMATED SALES
Lianhe Wanbao, Wed 28 Sep - "Ad Tagline: More than 555 units sold" (74.2%)
Capitaland should learn from FEO... Maybe NTUC should takeover and at least it may offer something value for $ and more successful.
Straits Times, 28 Sep 11
http://www.straitstimes.com/Breaking...ry_717593.html
Developers go all out to woo Chinese home buyers
By Grace Ng, China Correspondent
A booth promoting investment in Singapore's real estate at a property fair in Beijing two weeks ago. Mainland Chinese are the top foreign buyers of Singapore property. -- PHOTO: CHINA FOTO PRESS
BEIJING - Ever since Mr Jacky Zhang visited a few Singapore booths at an international property fair two weeks ago, his iPhone has been ringing with invitations to join special property-viewing group tours in the city-state.
'These (Chinese) agents made it sound like a first-class holiday: My wife and I would stay at a five-star serviced residence in Singapore, be chauffeured around in a BMW to view condos and then shop to our hearts' content,' said Mr Zhang, 34, who works in the finance sector.
Although his original intention at the fair was to check out Australian home prices, he quickly got distracted by the enthusiastic sales pitches of companies such as Far East Organization, United Overseas Bank, Credo Real Estate and Chinese consultancy Shuangcheng, which claims to represent small Singapore developers.
'They offered me advice and attractive rates on everything from Singapore's rental yield to mortgages,' he said.
Mainland Chinese have become the top foreign buyers of Singapore property, which is seen as a good investment even amid fears of another global recession.
"A strong, stable Singapore dollar appeals to these Chinese buyers as they seek to diversify their funds. The absence of capital gains tax... and plentiful property information available also appeals to them," said Knight Frank Knight Frank research head Png Poh Soon.
Other factors include Singapore's economic stability, its proximity to China - a six-hour flight from Beijing - and an excellent bilingual education system, added Ms Sara Zhang, who heads Far East Organization's Beijing office.
The number of private property deals sealed by foreigners and permanent residents in the second quarter made up 30 per cent of all private home sales in Singapore, according to a report by DTZ Research.
Chinese nationals accounted for just over a quarter - 26 percent - of such purchases. Other foreigners include Indonesians and Malaysians.
And despite tougher Singapore immigration procedures and climbing property prices this year, Chinese buyer interest remains strong, say agents and developers.
No wonder then that many agents and developers from Singapore are rushing to China to woo well-heeled investors.
They face a huge market - China has more than a million millionaires - but also stiff competition from other popular investment destinations like the United States and Australia.
So Singapore players are coming up with ways to make their potential customers feel special.
For one thing, they are spicing up the traditional property talks in dingy conference rooms with monthly 'Wealth Enhancement Seminars' at fancy five-star hotels.
Here, snazzy power-point presentations are sometimes accompanied by a buffet spread, which may even include durian puffs, to whet investors' appetites for apartments selling for as much as $2,500 per sq ft.
To attract attendees to these events, agents send out mass text messages.
One reads: "15 percent discounts on Singapore property; first three people to sign up for seminar will get free round-trip airfare to Singapore!"
Another way to pamper Chinese investors is through property-viewing tours. Major developers like Far East and CapitaLand organize such three-day trips once or twice a month.
Tour groups, which depart from major metropolises like Beijing and Shanghai but often include rich families from smaller cities, typically have 10 to 15 people.
'We intentionally keep the group small to ensure more personalized service,' said a CapitaLand spokesman, adding that these tours will cover four or five properties that best fit the prospective buyers' needs.
Popular CapitaLand projects include D'Leedon - located near Nanyang Primary School - and Latitude and Urban Resort, which are close to mainlanders' favorite brand-name goods boutiques in Orchard Road.
Tour participants have to pay for their own airfare and hotel, sometimes at discounted group rates. But developers could pick up the tab for those who put a down payment on a property, said Eric Chau of Colliers International in Beijing.
This incentive - along with lavish seafood dinners - is said to have helped clinch a good number of purchases, although developers are coy about revealing the numbers.
'Take-up (of properties) has been positive' was all a Far East spokesman would say.
To get even more up close and personal with potential buyers, more Singapore players are setting up their own offices or expanding in China.
CapitaLand Residential will open a showroom in China early next year. Far East's Beijing office has moved to larger premises in the business district.
Meanwhile, consultancy OrangeTee is in the process of setting up a Shanghai office and has also partnered China's largest online property portal Soufun to handle its queries on Singapore property purchases.
"This is a good time to set up our own office in China. We see an opportunity to serve Chinese customers who are looking overseas now that they are restricted from buying more than two properties in China, due to government rules introduced this year to cool the property market," said OrangeTee executive director Steven Tan.
The company has helped a number of Chinese buyers with their purchases, including one man who bought 19 units, each priced between $2.2 million and $6.3 million, at one go near Orchard Road.
After hearing so much about Singapore's hot property scene, Zhang is considering taking up tour offers to the Garden City.
"I'd like to be treated like a VIP too."
They are probably doing the same in India, if they have not already done so.Originally Posted by Tripp
LOL, then we will have days to cook curry in SgOriginally Posted by DC33_2008
TodayOnline, 29 Sep 11
http://imcmsimages.mediacorp.sg/cmsf...757_498319.jpg
Ad tagline reads: "Top selling project in August. Over 555 units sold."
"New Release of 1 and 2-bedroom SOHO apartments from $665,000 onwards"
Translates to 74.2% sold.
Congrats to all Eu Habitat owners. Construction should begin shortly.Originally Posted by Tripp
You received news that construction starting?Originally Posted by DC33_2008
See that FEO are now only, releasing the balance towers for sale.Originally Posted by Tripp
Should sell out soon?
Yeah...cook curry days again, shiok!Originally Posted by Laguna
I love lamb/mutton curry best ..has that barnyard aromo with the spices and curry leaves. Cook curry day is a good idea. Eating curry even better.
Originally Posted by GSLJ
The guy that was one of the starter for that cook a pot of curry day event on FB sits next to me at work..hahahaOriginally Posted by gn108
Really hope so. Can't wait for construction to start. Maybe i should have bought a subsale or just get married so that i can buy public housing....Things i do for my own place...Originally Posted by GSLJ
Bro, dun pawned urself by forcing urself into marriage for a bto flat la....somemore sg law vy much favors the female.....unless u r ger la...heheOriginally Posted by Worsty
It's too late anyway, the SSD pretty much forces me to stick with private since i can't sell off now.Originally Posted by devilplate
Give me capital gains tax over SSD anytime. SSD taxes you even when you sell at a loss.Originally Posted by Worsty
Any chance of that happening? Since SSD is introduced by Mah.