Will be interesting to note the take up rate of this project. Selling at the price of projects nearer to town.
Will be interesting to note the take up rate of this project. Selling at the price of projects nearer to town.
1.3k was the orginal Psf quoted to me prior to preview.. Means soho no discount at all?Originally Posted by bluedurian
Think 1.1k+ will be more like it...
Maybe if you went down personally they'll quote you those 20+% discount?Originally Posted by azeoprop
from agent:Originally Posted by kane
10% base discount
5% launch discount
3% stamp
2% furniture
and on top of the above.. there are some more misc discounts..
Oh, do you know what the final quantums are like then?Originally Posted by pineapple
Do note that many of the smaller SOHO and suite units are west sun facing....
Think the row of suite facing sun is not released yet.Originally Posted by azeoprop
The suite nearer to mrt shld get some shelter from other blocks.
According to the papers, the prices start from $1,080 psf. Which makes this project incredibly overpriced.Originally Posted by pineapple
If this project kicks off to a flying start, CM6 will be lurking...
we got parc rosewood at 398k to kickstart the cm6..Originally Posted by ysyap
cheap cheap
Watertown VIP preview sales start at 7pm today. HDB Upgrader and Vicinity Promotions available*!
so how's the crowd over there?
Mostly below 1100 psf.. Looks like pretty gd response
so there were discounts?Originally Posted by pineapple
Yes 18% discount..
But this haven factor in 3%stamp duties and 2%FV.
So technically even much cheaper..
so what is the nett psf after the 18%?Originally Posted by pineapple
For the smaller apartment - suites'that I saw.. Around 1020Psf to 1130+ psf before the stamp duties and Fv rebate.Originally Posted by kane
1020psf still got stamp duties and furniture voucher? that sounds like pretty modest pricing, maybe this saturday can see see look look.Originally Posted by pineapple
looks like luxurie have to continue eating grass for a while.
Ya u bet!Originally Posted by kane
Heard from an agent couple of minutes ago that 3-bedders facing the waterway are going for $1,100psf. Adds up to about 1.2m per unit.Originally Posted by pineapple
Units apparently are moving very fast.
about 150k more than ATT's 3 bedders if it is indeed 1.2m.
Apparently it's because these ones are facing the waterway. The other 1 and 4 bedroom units released are cheaper. Looks like it's really priced to sell!Originally Posted by kane
they kena sabo by ATT. got 4 bedder face waterway?Originally Posted by bluedurian
Kena sabo by Wee Hur also. And after flipping between projects, even Luxurie is significantly cheaper than this project. But I think this is the most FEO can do without selling at a loss. ATT is still the better buy.Originally Posted by kane
Think all 4 bedders face waterway, but I think the one they released got blocked view one, lol. But not sure also la, agent no time to respond to my text messages also... too busy making money in the tentage.
they still busy issuing OTP at this hour?Originally Posted by bluedurian
Probably. Guy just invited me to the showflat.Originally Posted by kane
any floor plans available ?
HOME buyers, undeterred by recent tough market cooling measures, turned up in strong numbers at the preview of Watertown in Punggol Central yesterday.
Far East Organization said more than 160 units out of the 250 units launched were snapped up, with Singaporeans making up more than 90 per cent of buyers.
The enthusiastic response means that the official launch, originally scheduled for next week, will now be brought forward to tomorrow.
Industry analysts say developers seem eager to push out projects quickly, possibly before more uncertainty emerges.
In the case of Watertown, the developers bought the site for the 992-unit project less than a year ago and have yet to finish the showflat.
But agents had been fielding inquiries on the mixed-use development even before the authorities' approval for the launch had been given, sources say.
They say at least 100 buyers were ready to hand over cheques on Tuesday. But building plan approvals were issued yesterday and only then could agents collect cheques and grant options to purchase last evening.
The $1.6 billion project is being jointly developed by Far East, Frasers Centrepoint and Japanese firm Sekisui House. It will be integrated with a mall of 370,000 sq ft of net lettable shop space and a Shaw Theatres Imax cinema.
Developers had earlier said that prices will start from $1,080 per sq ft (psf), which they said included a discount.
Even so, the development will still set a benchmark in Punggol, trumping Sim Lian Group's A Treasure Trove, priced at $866 psf at its launch last September.
Buyers were unfazed at picking units off the plan as the showflat is not yet up.
Key attractions are the waterfront location and the fact that the project is integrated with Punggol MRT station, experts say. Recent mixed-use launches like Bedok Residences have also seen robust sales and benchmark pricing at a median of $1,359 psf.
SLP International research head Nicholas Mak said that developers are pushing out projects as quickly as possible before more uncertainty hits the market.
'Especially in the Punggol area, developers face increasing competition as the Government has pushed out a lot of land there,' he added.
He said the 11-month turnaround for the site, bought in February last year, was 'fairly quick'.
It typically takes a year or more for integrated projects of this size to be launch-ready, he added.
The Dec 7 cooling measures included an extra stamp duty of 10 per cent on all home buys by foreigners. Some analysts tip price falls of 10 per cent to 20 per cent this year.
Separately, Sekisui House said it will tap its network of retailers to introduce new-to-market brands and concepts from Japan into the upcoming mall.
Anyone knows the 2BR Suite or Soho layout?
500+sqft how to squeeze in 2 bedrooms??? Only one toilet isit
Its a compact 2BR for the suite. It's actually a 1+ study.Originally Posted by ulrich76