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Thread: Ripple Bay - MCL Land, JLB/Pasir Ris Drive 4

  1. #151
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    cannot take malaysia properties in direct comparison to singapore's 1 lar. so many other factors to think of.

  2. #152
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    Quote Originally Posted by mantrix
    Loyang too ulu for me...though I am still keen in sea view units...but since I stay in the north might as well buy a freehold seaview PH in Iskandar for the price of less than a ripple bay 2 bedder...
    Go buy buy mtl hehee

  3. #153
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    Quote Originally Posted by price
    cannot take malaysia properties in direct comparison to singapore's 1 lar. so many other factors to think of.
    Bro, showflat oredi open

  4. #154
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    Quote Originally Posted by devilplate
    Bro, showflat oredi open
    Yep bro, since 10am this morning!

  5. #155
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    Quote Originally Posted by price
    Yep bro, since 10am this morning!
    Wat r u waiting for? Lol

    Nego rebates wif agt isit? wakakaka

  6. #156
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    so did the sales start yesterday or today?

  7. #157
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    Quote Originally Posted by bargain hunter
    so did the sales start yesterday or today?
    yesterday, more than 200 sold, today is 2nd day

  8. #158
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    so really pre-emptive strike against palm isles yesterday huh.



    Quote Originally Posted by cartman
    yesterday, more than 200 sold, today is 2nd day

  9. #159
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    Quote Originally Posted by cartman
    yesterday, more than 200 sold, today is 2nd day
    Jalan ulu besar huat argh!

    Wakakaka

    But seriously, their pricing and overall quantum is saboing the resale market there.....

  10. #160
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    Quote Originally Posted by devilplate
    Jalan ulu besar huat argh!

    Wakakaka

    But seriously, their pricing and overall quantum is saboing the resale market there.....
    Huat Huat, lets all huat together!

    Do u think after the new water theme park is built prices will shoot up?

  11. #161
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    Quote Originally Posted by price
    Huat Huat, lets all huat together!

    Do u think after the new water theme park is built prices will shoot up?
    Nope.....

    As long the opposite empty land dun become cheap cheap bto flats....lol

  12. #162
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    Quote Originally Posted by bargain hunter
    so really pre-emptive strike against palm isles yesterday huh.
    first mover advantage? Lol

  13. #163
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    Quote Originally Posted by devilplate
    first mover advantage? Lol
    so it worked. 1 sold 50 Ripple sold 200

  14. #164
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    It should be renamed to Nipple Bay... can sell better.

  15. #165
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    Quote Originally Posted by Ilikeu
    It should be renamed to Nipple Bay... can sell better.
    not funny leh.....

  16. #166
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    Quote Originally Posted by price
    so it worked. 1 sold 50 Ripple sold 200
    i jus joking one

    i doubt many buyer submitted chqs to both projects at the same time....prolly jus a handful?

  17. #167
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    Looks like the baseline for ulu mass market condo is still 800psf.


  18. #168
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    Quote Originally Posted by devilplate
    not funny leh.....
    your smiley icon is smiling lehh... a bit funny enough maybe.

  19. #169
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    so how many sold liao?

  20. #170
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    Quote Originally Posted by azeoprop
    Looks like the baseline for ulu mass market condo is still 800psf.

    8cy 750psf

  21. #171
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    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.

  22. #172
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    Quote Originally Posted by primeesense
    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 agts

  23. #173
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    Quote Originally Posted by devilplate
    Not in sg how to issue chq? Anyway u shd expect some pm .....here got silent reader agts
    she wants me to pay on her behalf which I'm fine with, if it's allowable. anyway yes agents pls PM me.

  24. #174
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    All seaview units 6th floor and above all sold out.

  25. #175
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    Quote Originally Posted by Chester
    All seaview units 6th floor and above all sold out.
    via balloting....i heard 5-10chq per unit.....lol

  26. #176
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    Quote Originally Posted by Chester
    All seaview units 6th floor and above all sold out.
    Wow..... another good response.

  27. #177
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    wah piang... was there earlier... like fish market...

  28. #178
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    (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.

  29. #179
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    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!

  30. #180
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    Quote Originally Posted by azeoprop
    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 3xxk

    lets dream a dream

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