cannot take malaysia properties in direct comparison to singapore's 1 lar. so many other factors to think of.
cannot take malaysia properties in direct comparison to singapore's 1 lar. so many other factors to think of.
Go buy buy mtl heheeOriginally Posted by mantrix
Bro, showflat oredi openOriginally Posted by price
Yep bro, since 10am this morning!Originally Posted by devilplate
Wat r u waiting for? LolOriginally Posted by price
Nego rebates wif agt isit? wakakaka
so did the sales start yesterday or today?
yesterday, more than 200 sold, today is 2nd dayOriginally Posted by bargain hunter
so really pre-emptive strike against palm isles yesterday huh.
Originally Posted by cartman
Jalan ulu besar huat argh!Originally Posted by cartman
Wakakaka
But seriously, their pricing and overall quantum is saboing the resale market there.....
Huat Huat, lets all huat together!Originally Posted by devilplate
Do u think after the new water theme park is built prices will shoot up?
Nope.....Originally Posted by price
As long the opposite empty land dun become cheap cheap bto flats....lol
first mover advantage? LolOriginally Posted by bargain hunter
so it worked. 1 sold 50 Ripple sold 200Originally Posted by devilplate
It should be renamed to Nipple Bay... can sell better.
not funny leh.....Originally Posted by Ilikeu
i jus joking oneOriginally Posted by price
i doubt many buyer submitted chqs to both projects at the same time....prolly jus a handful?
Looks like the baseline for ulu mass market condo is still 800psf.
your smiley icon is smiling lehh... a bit funny enough maybe.Originally Posted by devilplate
so how many sold liao?
8cy 750psfOriginally Posted by azeoprop
anyone knows any onsite agent now? my friend's interested but not in singapore now, and she really wants to know the exact prices + availability.
Not in sg how to issue chq? Anyway u shd expect some pm .....here got silent reader agtsOriginally Posted by primeesense
she wants me to pay on her behalf which I'm fine with, if it's allowable. anyway yes agents pls PM me.Originally Posted by devilplate
All seaview units 6th floor and above all sold out.
via balloting....i heard 5-10chq per unit.....lolOriginally Posted by Chester
Wow..... another good response.Originally Posted by Chester
wah piang... was there earlier... like fish market...
(SINGAPORE) MCL Land yesterday drew crowds at its Ripple Bay condo showflat in Pasir Ris, selling 270 units in the 679-unit project by about 8pm.
The developer had not crunched its numbers by press time but its CEO Koh Teck Chuan estimates that the average price when sales began in the morning was around $855 psf. As sales progressed, MCL upped prices to around $870 psf on average.
'But we have not done a final tally on our average price,' he said.
A good spread of units - one, two and three bedders - have been sold. Buyers are mostly Singaporeans.
Ripple Bay, which is within walking distance of Pasir Ris Beach, is in front of Far East Organization's 473-unit Seastrand, where units are being offered for about $905 psf on average. Far East released the project in June last year and close to 100 units are still available.
Far East Organization, developer of Seastrand in Pasir Ris, said: 'There's no plan to lower the price and there isn't any special promotion for Seastrand. However, buyers receive a reimbursement for the standard 3 per cent buyer's stamp duty and a furniture voucher equivalent to 2 per cent of the sale price, as is the case for other Far East projects as well.'
Market watchers note that established developers such as Far East and Hong Leong would be loath to cut prices and risk upsetting earlier buyers of the project. However, as a seasoned property market watcher argues: 'If common sense prevails, for a developer that has sufficient profit margin on its project, it may be time to clear the project at a slightly lower price because subsequent Government Land Sales, if they reflect lower prices, will obviously pose competition. The writing is on the wall.'
For example, next to the Ripple Bay project, a Hoi Hup-led consortium bagged a condo plot in October last year for $361 per square foot per plot ratio (psf ppr) - or about 10 per cent lower than the $402 psf ppr which MCL paid for the Ripple Bay site in May 2011. Far East clinched the Seastrand site for $335 psf ppr in September 2010.
Hoi Hup is planning to launch a 376-unit condo, Sea Esta, on its site around June. Because Hoi Hup paid a lower land price, and will probably do its own construction, it will be able to achieve a lower breakeven cost than MCL's Ripple Bay and hence be in a position to price its project lower. Another point to note is that there are two nearby sites on the confirmed list of the GLS programme for first-half 2012.
Hopefully Hoi Hup will do a big sky terrace like waterfront isle and gold on their front row top floor....and sell their pool view units for 780psf!
heard poolview 1bdr gg for 750psf and 3xxkOriginally Posted by azeoprop
lets dream a dream