Originally Posted by bargain hunter
still possible at least with DBS this yr
Originally Posted by bargain hunter
still possible at least with DBS this yr
Don't get killed by 1 mistake.Originally Posted by yowetan
Hehe well Reflections is a unique development has to admit that. I have one unit there, so I might be biased on that. Nevertheless, as a senior agent, I have to also emphasise that the East Coast seaview is still very unique cause it has an open southern China sea view whereas Reflections view is more of the channel and the Sentosa view. And you cant possibly swim there cause there is no beach.Originally Posted by DaytonaSS
I have been staying in good class condos for the past 15 years. I also own properties in Orchard and River Valley areas, but to be honest with you, I dont really enjoy staying in District 9. Firstly, the condos are stacked very close to one another giving very little of any views. In addition, cost of living there is also much higher due to ERP, higher living expenses etc...
The Singapore government will open the casino licenses to others in 2017. Its 6 years from now, but in 2015, the tender will be open. So its just 4 years from now.
Well just spend some of your time driving at night along Meyer/Amber. U cant help to feel that this district belongs to the rich and famous. I am being honest as an agent. I dont own any units there but thats how I feel when I drove there to meet my clients. Unfortunately, you dont have that feeling when you drive in many other districts in Singapore, of course except for prime District 9 (landed residential area) along Ardmore area where my cousin is living in.
You are wrong if you think Amber/Meyer area are popular only with the rich indians. Majority who bought Meyerise and Aalto are foreigners from China and Indonesia. And the rich Indians are seriously very rich. There are also a handful of angmos who love the sea fronts.
Last edited by Shawn; 20-09-11 at 23:53.
Shawn, keep it this way....ur comments r much more logical and likeable now
I will not associate amber and meyer together....they r 2 different class
I agree meyer area got the feel rich upper class x-factor....whereas amber to me is 2nd grade after meyer
You have your point but Amber is prefered by some people because of its closeness to Parkway Parade and other ameneties (eg. Big Splash, underground tunnel to beach, Chinese Swimming Club, food joints etc). Whereas Meyer is quieter and less accessible.Originally Posted by devilplate
Its 2 side of a coin but both areas offer a good class feeling and no doubt Amber has more older estates but some of these already undergone enbloc eg. Amber Towers. Before there was Aalto, there was this old estate along Meyer making Meyer look cheap. Similarly when Amber Towers demolished and new upmarket condo replace it for certainty, the whole feeling will change for Amber when u drive along this road.
It appears to me like a good stretch of private residential enclave along the seafront.
The reason y i say meyer feels more upmarket is bcoz of the nice landed and bungalows thereOriginally Posted by Shawn
To me, meyer reminds me of nassim/ardmore whereas amber is river valley
Yup i know your point. Amber landed houses have already been torn down for condos making the area look congested, whereas Meyer still has expensive landed houses along the stretch and with lush greenery.Originally Posted by devilplate
Guess a buyer need to choose between Amber for convenience/ameneties and Meyer for exclusivity/high class feel. But both areas to me offer good growth potential as there are promising future in terms of mrt availability, new expressway, and a possible IR coming up at Marina East.
You should visit the A Treasure Trove thread in this forum. The people who supposedly bought units there think it is "PRIME" because it is near Punggol MRT and opposite the only mall (future) in Punggol. That one I don't understand.Originally Posted by thomastansb
Yee ha! Did I tickle your funny bone?
Its not confirm that we gona have a 3rd IR rite?Originally Posted by Shawn
I do agree tat MCE is the fortune of expressway
I seriously doubt we gona haf another IR so soon.....look at our recent GE result
what east coast lacks is retail belt.. wat east coast can and has become is a relatively prime residential belt much like the bt timah/dunearn stretch. Bt timah/dunearn however has the slight adv of being easier to get to orchard rd retail belt. East coast however is selling sea view which bt timah obviously lacks.
although East coast has east coast park, it is not a green lung like the botanic garden or nearby macritchie. the upcoming marina bay garden east at tg rhu side will offer more options though ~
Even analyst reported in the newspaper said its prime!Originally Posted by ecimbew
Whahaha....anything near mrt and mall equates prime?
Actually i believe the main advantage of east coast ppty is the proximity to mbfc....plus lifestyle seaview and beach and closer to airportOriginally Posted by august
There are casino operators lining up to open their business here in Singapore and to have a share of the profitable casino pie. They are waiting for the tender to open in 2015. And Singapore government will take advantage of this situation to spruce up the economy.Originally Posted by devilplate
I am sure you are aware that Singapore gaming industry is the world's second largest after Macau. It beats Las Vegas this year but its still far behind Macau. You aware how many casinos are there in Las Vegas ?? And Singapore only have 2 right now.
One of the operators that are extremely keen to operate in Singapore is Wynn Resort and it has highlighted its intent to open an IR somewhere in Marina East. And i am confident that what Singapore needs is a beach-fronting IR which Wynn can offer.
The government has also aggressively developed the infrastructures at the eastern corridor with the new Marina Coastal Expressway as well as Gardens By the Bay near to Tanjong Rhu. Its obvious that that empty parcel of land in front of Fort Road will be brought to good use since the government has actively developed this area. And on top of that the Singapore-Malaysia also owned a big piece of land there slated for development. And the mrt is also coming up along that area from Tanjong Rhu to Bayshore.
the Sg-Msia lands got two: one behind MBFC, the other is at ophir rd site. dont think there is any at east coast.Originally Posted by Shawn
Ok let me put things into perspective.Originally Posted by Shawn
It started recently when Steve Wynn said he wanted to buy a casino property in Singapore. This property refers to Marina Bay Sands. Singapore Tourism Board stepped in to say Wynn had to wait till March 2017.
STB was quoted in the Business Times that MBS is not allowed to sell, transfer or dispose the estate, MBS, within the exclusivity period of 10 years.
But STB didn't say they will issue more casino licenses or land for such gaming purposes.
More info
http://www.thesundaily.my/news/52234
http://sg.news.yahoo.com/steve-wynn-...160000467.html
Last edited by ecimbew; 21-09-11 at 01:05.
Yee ha! Did I tickle your funny bone?
i highly doubt Govt will build a casino near residential area. i think u might be looking at wrg area. clearly govt dont want public transport access to casino and they dont want singaporean to go. RWS provide free shuttle bus also kanna clamp down. If your wishlist 3rd casino happens, i m very sure it will be at marina bay empty plots of land area reserved for future development. However, my guess is as good as yours.Originally Posted by Shawn
Do you think Singapore's economy will be smooth sailing from now till 2015 ?? Similarly when the economy goes through a rough patch, the government needs to boost economy by building up new projects one of which is the IR projects. This thing will repeat by itself. And no country will reject a major investment from a foreign investor.Originally Posted by ecimbew
Sir, you are speculating. Unless you are Lee's best friend, otherwise it is hard to believe what you are saying. Show us proof.Originally Posted by Shawn
Yee ha! Did I tickle your funny bone?
Guys are you aware how close Meyer/Amber is to Marina Bay ?? Marina East is just a stone throw away to Marina Bay Sands. With the Marina Coastal Expressway, the distance travel will be cut short from 15 to 10 minutes from Amber to Marina Bay Sands. So it doesnt make any difference if the new IR will be located at Marina South or Marina East cause the only thing that spread them is a 200 metre expressway under the sea.Originally Posted by DaytonaSS
But its highly likely the new IR will be at Marina East because of the natural green surroundings, and the beach availability which will make beach front IR like Wynn Resort more of a reality. U cant have that in any other location.
We never say it is far. I don't think we have Hercules strength to throw stones to cover that distance.Originally Posted by Shawn
I think Tanjung Rhu is nearer.
Please stop speculating that there will be a new IR at Marina East. Proof?
Yee ha! Did I tickle your funny bone?
i dun disagree meyer residential area is attractive, but to reinforce or hard sell its appeal by suggesting there will be a 3rd casino is just baseless speculation leh.
dun forget the political climate in 2016 GE will also be a major consideration, and in all likelihood any suggestion of a 3rd casino will be self-destructive for the ruling party.
Mouth talk balls shoik (in hokkien) only.
Originally Posted by Shawn
There will be no 3rd casino, period. 2 is more than enough and the Government is not stupid. PAP will be definitely out if they build a 3rd one. Resort maybe yes, casino - no way. We are not casino driven economy anyway.
Originally Posted by ecimbew
Just think about this. From beach road, down to suntec, to marina bay, then to Tg Pagar. That is full stretch of land. That is the prime area. One long stretch of half undeveloped super prime, sea facing and super accessible land. Unless we change Government, the plan in URA stays. It is a free gift from Government telling us where is going to be developed. I rather trust the Government then to trust people speculating about East Coast or 3rd Casino with zero proof. At least we can see the models and plans in URA. What do we have for the 3rd casino? Pure bullshit
Originally Posted by DaytonaSS
Same sentiments, even if there is a 3rd IR, it is most likely to be in the Southern Islands as announced in 2007 by STPB, but it won't happen so fast..., current Government will not risk their votes to have another IR on the mainland...Originally Posted by thomastansb
Newbies BEWARE, many TCSS forumers will just throw spanners here & there without grounds to back up their spams...
http://www.channelnewsasia.com/stori...253409/1/.html
Asia's mini-Monaco by 2015?
By Tor Ching Li, TODAY | Posted: 19 January 2007 0746 hrs
SINGAPORE: By the time the Sentosa Cove land parcels are fully sold by the year-end, slices of Singapore's Southern Islands could be up for sale to the world's richest men looking for a mini-Monaco in Asia.
According to documents obtained by TODAY from a Singapore Tourism Board (STB) presentation, the tourism body is planning to launch a Request For Concepts (RFC) for the cluster of seven islands by the first quarter of this year, and a Request For Proposals by the second quarter of the year.
The Southern Islands resort and residential development should be completed by 2015, in line with Singapore's tourism vision to develop the southern waterfront into a lifestyle resort attraction.
Said a property analyst familiar with the process: "If the net worth of Sentosa Cove residents is between $50 million and $100 million, the net worth of the Southern Island residents will be into the billions." Beyond Sentosa Cove
Southern Islands eyed for resort development: Rengat, Kias, Nothern Lazarus Islands. The islands have been connected by landfills
75 percent: Area of residential development
Billions: Expected net worth of residents
The desired outcome of the process is to develop the currently rustic Southern Islands - Kusu, Sister's, Lazarus, St John's, Tekukor, Kias and Rengat - into an "aspirational getaway destination" that will enhance Singapore's reputation as a premium destination for leisure and business visitors, said an industry source.
The Government is willing to consider the development of up to 400 units on the 115.6 ha site, with 100 of these in an exclusive resort, and the remaining 300 as residential plots, he added.
A draft of the RFC obtained by TODAY stated the resort - which should offer services such as spas, fine dining and health and fitness facilities - will probably be situated on the reclaimed areas of Rengat, Kias and northern Lazarus Islands. These three islands have already been connected by landfills as early as three years ago.
However, the probability of having a third integrated resort with casino on the Southern Island looks slim.
Merrill Lynch gaming analyst Sean Monaghan cited accessibility as one key obstacle to the building of an IR on the Southern Islands.
"It would be a lot easier to expand the existing IRs 10 years from now than to build a new one where accessibility is so limited. And while you may be targeting the high-end market for the Southern Islands, it would be hard to top the multi-billion dollar investments at Marina Bay and Sentosa, which would also have exclusive facilities for high rollers," he said.
Noted one gaming analyst: "There are only so many high rollers in the world. Only in Europe do you see casinos catering solely to the super rich."
According to another source, the Government had studied the feasibility of developing the Southern Islands around five years ago. The Southern Islands had originally been set aside by the Government together with Sentosa to be developed into an integrated resort - but feedback from the ground then was that developers were not so keen on developing Sentosa together with the Southern Islands.
However, with the strong signs of growth in the high-end market here - and the possibility of hosting international events such as the F1 races - analysts think that there will be strong interest from resort developers for the Southern Islands.
CapitaLand - which had taken part in both integrated resort bids - said that it is "interested in the integrated leisure, entertainment and conventions business in China, India and other Asian countries".
"Should Singapore present a good opportunity, we will study it," said the spokesperson.
But Mr Mark Advent, chairman of Sentosa IR hopeful Eighth Wonder, said: "I have already told the STB that if a third IR licence becomes available for the Southern Islands, we would be interested in bidding. But not if there is no gaming opportunity."
The eventual developer of the Southern Island will have to run their own transportation to the Southern Islands for visitors. While the uber rich can sail there in their private yachts, the island-hopping masses will probably have to take a ferry from a new jetty that Sentosa Leisure Group is looking to develop between Siloso and Palawan beaches.
One Degree 15 Marina Club chairman Arthur Tay told TODAY that as of the third quarter of this year, there will be a Customs, Immigration and Quarantine facility at the yacht facility to process yachts entering and leaving Singapore.
Helicopter transfers are also under consideration. The developer will also have to be mindful of the islands' ecosystems, and maintain public access to the foreshores of the islands, except where there are private waterways. They will also be encouraged to integrate the religious structures on Kusu Island - such as a Chinese temple and a Malay shrine - with the rest of the development.
Other challenges that the developer will have to contend with include the islands' proximity to international shipping lanes.
One observer said: "These islands are not set in the Pacific Ocean with unobstructed sea views. Developers will really have to come up with some brilliant idea to make the development unique and worthwhile." - TODAY
We want Disneyland and Disneysea.
Yee ha! Did I tickle your funny bone?
i went to see.. actually its too over price. 1800psf for afternoon sun low flr unit. non afternoon sun for 2200-2500psf ! that size n price I can go buy RV.... or older near Orchard project. No need to be on Meyer....
all the 4 bedder marked as sold.. I dont believe. I think is just a marketing gimic. 2200psf for a 1700psf whole tower sold!? hmmm doubtful
Actually initally got 15xxpsf low flr units facing the landed area...tot quite decent pxOriginally Posted by minority
But if pay 1800psf, i aso wud rather pay for the 2bdr at the paterson for 1950psf anytime
ya, normally, for whole tower to be sold, mean almost all units in project is also sold. Likely, 1 tower have 1-2 units unsold due to poor facing, inauspicious house number, less popular layout, etc..Originally Posted by minority
But so far, from what is reported, project seem to be doing quite well...
I was at the Meyerise showflat yesterday bring my client from Indonesia to take a look. Most of its 4 bedroom units are sold except for a handful of low floor units. My client even asks me to check with the developer agent if there are any buyers there on a high floor above 15th storey looking to subsale. He willing to give them a 10% profit from the sale price i,e, if the 4 bedroom unit cost $4 million for example, he willing to to buy it from them at $4.4 million before option exercised. I was advising him against the foolish idea but he simply fell in love with the development and the location.Originally Posted by land118
So talking about property market softening...I am just clueless now. Maybe to these people $4 million is just small change ? And seaview is definitely getting even more prime than ever. Some people willing to pay for the sky for seaview units.
There is one distinct pattern which I notice in new launch condos with sea facing. Price psf can jump a lot from floor to floor. For eg. units on the 2nd to 6th floor can sell at $1500psf whereas units on 7th to 12th floor can sell at $1650psf and then we see units from 13th floor to 17th floor with partial sea views jump transacting at $2000psf onwards whereas 18th floor - 23rd floor already start asking at $2200psf. Of course units from 24th floor onwards can ask for the sky at around $2500psf. And interestingly the higher floor units are sold first. This is a pattern that we will see throughout in all future new developments around Amber/Meyer areas with seaview. Next year will be interesting year to watch as several (4-5) freehold enbloc condos in Meyer, Amber and Marine Parade will be launched.
This is amazing right knowingly that there is no available mrt yet at this area. What will happen once the mrt station plan is unveiled next year? $3000psf ??? And mind you these units at Meyerise, Aalto etc are not MM units they are gigantic units with big layouts.
Last edited by Shawn; 08-10-11 at 18:26.